About this Event
Program Content/Learning Objectives
A topic all agencies confront. Immediate challenges include the financial investment for infrastructure to tackle climate change – from heat waves to freezes. At the same time, transit agencies are mandated to reduce their carbon footprint. While it is imperative to prepare for the future, the necessary infrastructure is lacking and high capital & operating costs pressure agencies’ budgets. All the while, transit is looked upon as a solution to reduce their metro area’s carbon emissions by taking cars off the road – calls for expanded service in an environment of rising costs, lagging revenues, and looming fiscal cliffs. Transit finance officers from across the country will gather in San Diego to share strategies to meet immediate challenges as well as to support sustainable transit.
Workshop objectives – After attending this conference, participants will be able to:
- Assess the financial challenges facing transit agencies to combat climate change and reduce the agency & regional carbon footprint.
- Understand the capital investment to tackle climate change including the trade-offs between future and immediate budget requirements and infrastructure realities.
- Learn the related operating cost pressures on agencies’ budgets. Hear the challenges regarding agency workforce and energy history and current environment.
- Examine cost mitigation programs such as hedging, federal funding, state credit programs, and other strategies.
- Explore calls for increased service as a solution to reduce metro area carbon emissions – balancing coverage vs. efficiency, equity, and community, and expanded reduced fares.
- Identify and share best practices through structured, participative, conversation sessions with other transit agencies.
Please note that workshops are limited to member agencies participants only, no vendors or sales. If you are a potential member, please contact TFLEx.
Participants will earn 14.0 CPE credits.
Field of Study: Finance
Prerequisites: None*
Advanced Preparation: None*
Program Level: Advanced
Delivery Method: Group Live
About TFLEx
The Transit Finance Learning Exchange was founded in 1999 by a number of transit agencies and continues to be run by your transit agency colleagues.
TFLEx members meet twice annually to explore topics of mutual interest, share relevant experiences, and develop best practices. These are facilitated workshops where all attendees participate in the discussions. As TFLEx is run by your transit finance colleagues, the workshops offer an opportunity for further follow up at the next workshop and Forum and SIG (special interest group) calls – Zoom calls on topics of interest held between workshops. The workshops and call provide continuing education credits.
Mission Statement
TFLEx exists as a strategic alliance of transit agencies formed to leverage mutual strengths and continuously improve transit finance leadership, development, training practices and information sharing. The purpose of TFLEx is to evolve the finance function into a value-added business partner within each transit authority.
*This program is at an advanced level of continuing education. Although no prerequisite course material is provided or work experience is needed to participate in this program, working knowledge of finance and public transportation practices and policies, and knowledge of the program topic, is required.
For information regarding refund, complaint and cancellation policies, contact Joe Costello, Costello Consulting, 708-606-0811 [email protected].
The Transit Finance Learning Exchange (TFLEx) is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor (#108644) of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.NASBA.org
Recommended Hotel
A block of rooms has been set aside for TFLEx. Use promotional code "TFLEX" and are locked in only until MARCH 17.
Hilton on San Diego Bayfront
1 Park Boulevard, San Diego, California 92101 | 619-564-3333
https://book.passkey.com/go/TflexRoomBlock
Event Venue & Nearby Stays
1255 Imperial Ave. Suite 1000, 1255 Imperial Avenue, San Diego, United States
USD 0.00 to USD 275.00