1987 Annual Report

T.1.8/19 \ ' . Serving our ~iders PROFILE his report is dedicated to our riders, who have .T helped make the Toronto Transit Commission the most heavily used transportation system in Canada and the United States per capita. The TTC is an award-winning public transit Form2363/ Feb. 83 authority, created by the Municipality of Metropolitan Toronto Toronto Transrt Commrssion in 1954. It is responsible for public transit in Metropolitan Planning Department Toronto, which is made up of six municipalities covering Library Card 244 sq. mi. The TTC is directed by five Commissioners who are INDEXNO. T.l.8-46 appointed by Metropolitan Toronto Council. It carries 1.5 million passenger trips on an average business DATE I NAME l_ss_u_E_D-..-- RETURNED day - the equivalent of every resident taking 208 rides annu ally. With a fleet of 2, 675 buses, trolley coaches, streetcars, subway vehicles and light rapid transit vehicles, the TTC oper ates more modes of transportation than any other transit system in North America. The TTC was the first Canadian transit authority to receive an Outstanding Achievement Award from the American Public Transit Association. It has won APTA's Silver Award for passen ger and traffic safety more often than any other system in the association's history. The TTC employs about 9,300 people and has two subsidiar ies: Gray Coach Lines Limited, which operates interurban passenger and parcel bus service throughout Ontario and into the United States, and Toronto Transit Consultants Limited, which provides engineering consulting and transit expertise to clients world-wide. The TTC's operating budget is based 68 per cent on revenues acquired mostly from fares and 32 per cent on equal subsidies from Metropolitan Toronto and the Province of Ontario. The Commission's rate of cost recovery from the fare box is one of the highest in North America and is the envy of the transit industry. TABLE OF CONTENTS 2 Letter from the 16 Revenue 21 Financial Statements Commission December 31, 1987 • • Statement of 17 Expenses Revenue and 3 Letter from TTC Expenses Management .i.V~ • Balance Sheet 18 Expenses by Function Toronto Transit • Statement .of Commission 4 Financial Overview Chan~esin • Financial P.osition 19 Capital Expenditures -, ....... • Notes to Financial 6 Serving Our Riders • Statements • 20 Financing • 10 Backing Service with ~6 10-Year FinanCial and " Equipment and People Operating Statistics '<. • • 12 Providing Other Services I 28 Management Directory • I 14 Looking to the Future \ LETTER FROM THE COMMISSION To: MR. DENNIS FLYNN, residents and tourists alike. CHAIRMAN, AND COUNCILLORS Helping to guide the TTC OF THE MUNICIPALITY OF in new directions were a num METROPOLITAN TORONTO ber of people who joined the organization during the year. It is with great pleasure that I Allan Leach, former Man report another year of achieve aging Director and Chief ment for the Toronto Transit Executive Officer of GO Commission. On many fronts, Transit, was appointed Chief 1987 was an exciting year that General Manager, replacing brought growth and change Alfred Savage. to the TTC. I was elected TTC Chair In 1987 , 456.9 million rid man, replacing Julian Porter. ers used the TTC, the highest In addition, Carole Kerbel ridership in the Commission's joined as Commissioner and history. Sales of the TTC Dr. Gordon Chong became Metrop~ss grew and, as the Vice-Chairman. Ontario economy remained For all of our employees, buoyant, cross-boundary met 1987 provided opportunities ropolitan traffic increased THE CoMMISSION Standing: Commissioner Carole J. Kerbel, Commissioner to help the TTC grow and and many out-of-town visi Tom Jakobek and Vice-Chairman Dr. Gordon J. Chong. Seated: Chairman change to meet increasing tors used our system. Jeffery S. Lyons, QC, and Commissioner C. Dennis Flynn. rider demands. To meet increasing rider Meeting these demands demands, the TTC expanded set a record for subway car Yonge station was begun. involved close co-operation all-night service, added to reliability, which decreased With the opening of the with the Metropolitan Toronto the route network and intro the number of delays experi North York Centre station, Council and the Province of duced a computerized system enced by riders. Operators subway service complemented Ontario. Without their con providing riders with sched recorded fewer than three a $250-million civic and com tinued support, the TTC ule information on surface accidents per 160,000 km mercial complex in the grow could not continue to pro routes. The Commission also (100,000 mi.)- the lowest ing suburban city of North vide high standards of ser announced plans to assume accident rate in TTC history York. The $20.4-million sta vice to the people of full responsibility for Wheei for surface transportation. tion was the first to be built Metropolitan Toronto. Trans, the transportation ser TTC safety efforts were rec in an existing line without vice for disabled riders within ognized by our peers when interrupting service. Metropolitan Toronto. the American Public Transit Construction was begun Efficiency and safety con Association awarded the TTC on the Harbourfront Light tinued to improve. In 1987, the Silver Award for the 18th Rail Transit line, the first Jeffery S. Lyons TTC equipment staff in time in the past 21 years. new streetcar line to be built Chairman creased subway inspection We continued to improve in the city in more than 60 and maintenance and helped stations along the Yonge sub years. When the two-year way line. Renovations en project is completed, the line hanced the appearance and will bring together the down environment of the St. Clair town and waterfront and and Summerhill stations, and provide transportation for a major project to increase passenger access in the Bloor- LETTER FROM TTC MANAGEMENT I am pleased to report that in 1987 the TTC carried 456.9 million riders, setting a new ridership record and under scoring the public's belief that the TTC offers good service and value for money. The increase of 15.9 million riders was 10 million more than our forecast, and was the ninth consecutive annual increase. This ridership increase and a January fare change that raised the average fare by 3.4 per cent allowed the TTC to surpass its target of financing 68 per cent of eligible operating expenses from eligible revenues. Rev OFFICERSAND'S~NIOR OFFICIALS Standing:' J,. Herb Jobb, General Manager, " Financial support from the enues met 70 per cent of Finance; Dr. Juri Pill, General Manager, Planning; Norman E. EJalfour, . Metropolitan Toronto govern operating costs, reducing the QC, General Counsel; William L. Verrier, President and Chief Executive ment and the Provihce of Officer, Gray Coach Lines, Limited; Donald J. Morton, General Manager, budgeted level of financial Engineering and Construction; Arnold S. Dube, General Manager, Ad Ontario continues to be vital · support needed from Metro ministration; Gordon M. Break, General Manager, Human Resources. to the successful operation politan Toronto and Ontario Seated: Lloyd G. Berney, Gener~l Manager, Operations; Allan F. Leach, and expansion of the TTC. taxpayers by $6.6 million. Chief General Manager; David C. Phillips, General Secretary. It is the Commission's goal Together, revenues and to build on the achievements government funding enabled reliable transportation, the 7 per cent to $357.7 million, of 1987, seeking new ways to the TTC to provide 193 purchase of new equipment from $334.8 million in 1986. provide cost-efficient service million km (119.9 million mi.) and increased attention to An operating subsidy of to our riders. of service, a 3.4-million-km existing vehicles were neces $136.8 million was added to (2.1-million-mi.) increase sary. In 1987, we put into revenues to allow the TTC to over 1986. service 30 H-6 subway cars meet operating expenses of i To ensure that the TTC and received nine articulated $494.5 million, an increase of continues to meet ridership diesel buses and four articu $33.5 million over the previ Allan F. Leach l demands and provide safe, lated streetcars for acceptance ous year. Capital spending in Chief General Manager testing. Vehicle inspection 1987 was $122.7 million, down and maintenance increased by 27 per cent from $168.3 i subway car reliability to an all million in 1986. time high. We also upheld our safety reputation by winning coveted safety awards from the American Public Transit Association and the Canadian Urban Transit Association. In 1987, revenues rose by FINANCIAL OVERVIEW TTC FARES AT DECEMBER 31., 1987 1987 REVENUE Total Revenue: Revenue Passengers $357,749,000 Fares millions % TOKENS Adult 6 for $5 .00 127.1 27 .8 TICKETS Adult 6 for $5 .00 38.9 8.5 2 for $1.90 9.0 2.0 Scholar 6 for $2 .50 40.5 8.9 Senior Citizen 6 for $2.50 25.4 5.6 Child 4 fo r $1.00 12. 6 2.8 CASH 0 Regular Service, Including 0 Advertising Adult $1.00 75. 3 16.5 Fare Grants $6 ,276,000 (1.7%) Scholar $0.65 $338,487 ,000 (94.6%) 7.4 1.6 • Other Child $0 .50 3.5 0.8 0 Charters and Special Services $3,081,000 (0 .9%) $2 ,158,000 (0.6%) PASSES • Rent Metropass $43 .50 109.2 23 .9 $7,747 ,000 (2.2%) Seniors ' Pass $28.2 5 3.9 0.8 Family Pass $3 .50 0.6 0.1 1987 EXPENSES OTHER Total Expenses: Po stal Contract 1.9 0.4 $494,532,000 Blind and War Amputees 1.6 0.3 456.9 100.0 Note: The split of passengers and revenue by category is estimated on the bas is of collection of tickets and tokens and a sample analysis of cash fares .

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