The Southeastern Pennsylvania Transportation Authority has come a long way, baby. Back in the '90s, it was mired in $75 million in debt and under investigation by the FBI. Now it's being honored [PDF] as one of the top transit agencies in the nation.
The Philadelphia Daily News has the story of how SEPTA was turned around over the last two decades, in large part thanks to board chair Pat Deon. After years of operating in the red, Philly's transit systems added revenue-generating advertisements, balanced its budget, and drove right into the black.
SEPTA's chief financial officer, Richard Burnfield, said the Deon-era board's commitment to running SEPTA like a business with balanced budgets has attracted hundreds of millions of dollars in government funding that riders enjoy through new Silverliner V regional-rail cars ($330 million), 440 new hybrid buses ($232 million) and beautifully rebuilt subway stations such as Spring Garden and Girard ($30 million).
There were also some notable cultural shifts at the agency.
A big accomplishment during Deon's tenure has been the cessation of hostilities between the 15-member board's 13 suburban members and two city members.