Capital Metro Recognized for its Loss Prevention Efforts
MEDIA CONTACT INFORMATION::
| Adam Shaivitz | Misty Whited | Erica McKewen |
| (512) 369-6027 | (512) 389-7572 | (512) 369-6085 |
| (512) 844-5153 cell | (512) 844-5090 cell | (512) 401-7665 cell |
Capital Metro Receives Largest Equity Return from Texas Municipal League
Agency recognized for successful loss prevention efforts April 22, 2009NEWS FACTS
- Capital Metro's commitment to financial stewardship and workplace and operational safety earned the Authority a $230,056 equity return check from the Texas Municipal League-Intergovernmental Risk Pool (TML-IRP).
- Capital Metro President and CEO Fred Gilliam and Risk Manager Michael Nyren accepted the check on Wednesday, April 22.
- Capital Metro received the largest equity return of all of the 2,644 members in the pool.
- The agency was praised for its efforts to reduce accidents and associated costs, resulting in savings of taxpayer dollars. Capital Metro's consistent loss prevention efforts are contributing to a decrease in the agency's insurance premiums for next fiscal year.
- Capital Metro provides extensive safety training for its staff and has been recognized by the transportation industry for safety innovations. The agency performs regular facility inspections to keep its workplaces safe, and the entire fleet has been outfitted with the DriveCam system to reduce accidents and facilitate operator training.
- In addition to the TML-IRP equity return, Capital Metro has recovered another $385,000 through its loss prevention efforts so far this fiscal year.
- This year's equity return is the largest that Capital Metro has ever received.
- TML-IRP provides liability, property and workers' compensation coverage to local government agencies.
MULTIMEDIA ELEMENTS
Capital Metro Risk Manager Michael Nyren, left, and President and CEO Fred Gilliam accept a $230,056 check from TML-IRP Field Services Representative Linda Dunbar Orrick.
QUOTES
- "Our commitment to safety is the foundation of Capital Metro's business, and our efforts are not only paying off with a safer workplace and fewer accidents, but we are seeing financial returns as well."
-- Michael Nyren, Capital Metro Risk Manager
ABOUT CAPITAL METRO Capital Metro's mission is to provide quality public transportation choices for our community that meet the needs of our growing region. With the highest per capita ridership in Texas, Capital Metro serves more than 3,000 bus stops with metro, flyer and express routes, downtown `Dillo circulator routes and UT Shuttle service. Capital Metro also provides MetroAccess service for passengers with disabilities, van and carpool coordination, and freight rail service.
Capital MetroRail is a new passenger rail system expected to begin soon between the City of Leander and the Convention Center in Downtown Austin. MetroRail is part of the All Systems Go Long-Range Transit Plan that includes expanded local and express bus service, MetroRapid bus service, and new and improved park and ride lots. For more information, including an online trip planner and a commute cost calculator, visit www.capmetro.org or call (512) 474-1200.
SAFETY TIP OF THE DAY
Always stop, look, and listen for buses before crossing the street - cross only at crosswalks and be sure to look both ways.
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Capital Metropolitan Transportation Authority
2910 East 5th Street | Austin, Texas 78702 | (512) 389-7400
Specific Route Information | (512) 474-1200