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Public Transit Capital Expenditures

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Jonah Kurman-Faber

We're currently figuring out how to model a large suite of capital expenditures into public transit - expanding rail lines, building new stations, purchasing new trains/buses, etc. These transportation systems are all government-operated.

 

Would this be a fair (perhaps oversimplified) breakdown of how to code these expenditures?

 

All capital expansions of rail lines, new bus stations, or associated infrastructure - Use construction-based IMPLAN codes

Capital purchases of new trains/buses - Use commodity codes for purchase of those vehicles

Any operations expenses - Use the appropriate government transit code (state vs local)

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    Michael Nealy

    Hello Jonah!

     

    I think the approach that you have outlined here is perfect - assuming that the last item here is referring to operations of the public transit system itself. If that is the case, we would tend to recommend that you be sure to separate out the Results of the capital investments (one time impacts) vs the ongoing operational impacts. More on this can be found in our support article - Construction: Building the Analysis.

     

    Great job here! Let us know if you have any additional questions

     

    Best,

    Michael Nealy

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