In May, we wrote about progress on the proposed American Jobs Plan that includes significant funding for transportation infrastructure.
Now the bill, with the official title "Bipartisan Infrastructure Investment and Jobs Act," has been repackaged as an economic plan and budget blueprint that covers social and physical infrastructure. It is getting closer to approval with the ambitious goal of passage by the end of September. Its size is astounding both on paper and in dollar value.
Photo by Vince Jacob on Unsplash
Our mission at Ride Report is to help accelerate the transition to a sustainable and efficient transportation system, and city revenue generated from new mobility will be a critical part of that transition. When managed effectively, this revenue can be utilized to fund new infrastructure and pay for programs that increase mode-shift and deliver positive city outcomes.
Today, we’re excited to share that Ride Report has tracked over $1.2 million dollars in dynamic shared mobility usage revenue across our city customers worldwide. In addition to tracking city revenue, we also have tools to help cities invoice the operators for micromobility fees.
Photo by Aaron Doucett on Unsplash
I started my transportation career in the fall of 2008, as the economy was unravelling at the start of what would become the Great Recession. Obama was elected within a couple of months and in early 2009, Congress passed the American Recovery and Reinvestment Act (ARRA), a $787B stimulus package that included significant funding ($48B) for transportation infrastructure. As with many packages of this nature, the focus was on projects that were “shovel-ready” and could spend the federal funds quickly on tangible projects.