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HomeMy WebLinkAboutAgenda Statement 1980/01/10 Item 14CITY OF CHULA VISTA COUNCIL AGENDA STATEMENT Item N~o. 14 i~~o-8v o For meeting of -3~ ~S f-'~~--,. Resolution / 9v2~ Appropriating $11.5x647 From ITEM TITLE General Fund to Transit Service Fund and Appropriating LTF Overpayment for FY1978-79 And Authorizing Refund , Development Services Administrator ,~j l~J SUBMITTED BY ~~ 1 ITEM EXPLANATION (4/5TH'S VOTE REQUIRED YES x NO The Finance Department and the Transit Coordinator have recently completed the attached financial summary for Chula Vista Transit operations for FY1.978-79. The- summary combines both City and Aztec Bus Lines expenses for FY197~3 79 operation of CVT. The Financial, Summary, with the aid of the attached maximum LTF claim calculation and the calculation of City required subsidy for FY 1978-79, points out the following four major financial conclusions. 1. Total CVT expenses were $754,745 and total revenues received were $1,057,903. ?_. City subsidy required is $.175,547 ($.115,547 over the $60,000 previously budgeted) . 3. The City received $757,000 from the LTF. It was eligible for only $463x842; thus resulting in excess revenues of $303.158. 4. Aztec received an allowable profit of $73,574 or about 13~ on its FY1978 79 CVT contract of $63.4,764. __ r JAB:nr/DP-006 (continued on supplemental page) f VIITTITT(+ C/\ fi ! D 1 I J Agreement Resolution x Ordinance Plat Notification List FY1978-79 CVT Financial Summary + 2 other Financial Other Exhibits ENVIRONMENTAL DOCUMENT: Attached Submitted on FINANCIAL IMPACT Required City subsidy for FY1978-79 CVT operations is $176,647 due to the LTF 50% limitation requirement. $60,000 was previously budgeted. Thus an additional General Fund appropriation of $116,647 is required. An appropriation of $303x158 of excess LTF monies received during FY1978-79 from the unappropriated Transit Services Fund also is required. STAFF RECOMMENDATION Approve resolution appropriating $116,647 from City General Funds to the Transit Service Fund and appropriating LTF overpayment for FY1978-79 and authorizing refund of $303,158 to City's LTF reserve account. BOARD/COMMISSION RECOMMENDATION COUNCIL ACTION ~~ ~~ ~¢~ ~_ Dated /02_.7 __. / ~,- b,~ the City C~,:zr,~~~:1 bi Chula Vista, Califc~ nia ., a - ~4 3 (Rev. 5/77) Agenda Item No. 14. For Meeting of 12/18/79 Supplemental Page Two The City's local share of financing CVT has been approximately $30,000 over the past few years. Council approved a City subsidy of $Gi0,000 for CVT operations during FY1978 79 budget sessions in May, 1978, based on staff's expected impact of the LTF 50~ _limitation requirement. The actual City subsidy required has been computed to be $115,547 over the $fi0,000 that Council originally budgeted. The following events/facts occurred since the May, 1978 budget session when Counc it approved the $ i0 , 000 subsidy to transit f_or FY1978--79: 1. The Council approved in mid~1978 the staff recommendation not to apply for and accept Federal capital grant funds for bus purchase and related transit equipment. This action thus negated the purchase of_ capital equipment which, due to the LTF 50~ limitation requirement, woulc9 have increased the amount of eligible capital expenses and decreased the City subsidy by $35,000. 2. Council approved an interim City/Aztec agreement in ,7une, 1978 for the first three months of FY1978--79 until a final agreement could be worked out with Aztec. The interim agreement was at $1.15/mile and the final 24 month agreement Council approved in September, 1978 was at 51.35/mile. This was $.20/mile over staff°s original FY1978~79 estimate for CVT operations which formed the basis of our transit subsidy estimate. This resulted in additional unanticipated FY1979 CVT operating expenses of. about 5100,000 which had the effect of increasing the original budgeted 50,000 City subsidy fig ure by an additional $50,000. 3. The impact of the City being in its fifth year of operating new services (primarily out at Southwestern College) had the effect of reducing the amount of eligible operating expenses exempted. This impact was significantly underestimated by staff. LTF funded the entire amount o.f_ new services for the prior four years. However, the Transportation Development Act states that the amount of new services exemption allowable be limited to 75~ in the fifth year, thus increasing the City's transit share by an additional $30,000, ~ ~, z i .r•- Agenda Item No. 14 For P~eeting of 12/18/79 Supplemental Page Three Transit staff originally estirnated CV'I' operating and capital_ expenses to be about $950,000 for FY1978--79, However, since it was decided not to pursue Federal transit funding, the City neither purchased any transit related equipment nor initiated construction of a transit maintenance facility or a transit center. These items were originally scheduled to be purchased or undertaken in FY19~8--79. Thus the City's claim for LTF monies submitted in April. 1878 requested more money ($757,000) than was actually allowable ($43,84?_) under current Transportation Development Act laws. This necessitates the City refunding $303,158 back through CPO into its LTF reserve account held by the County Auditor. ~q zr ~~~ EXHIBIT D : u~i~ r .,^R ;:/ ° ~`L w~~.r;,~r. !71c ll ,+vy,)~: trir r~~;7~/ r . ..y~~....isa+i~r u ~ ~ ',k~ - yk ~ ~r :r ..j' r at tr l,H:e .t . .iL ~~~"'^ ( •.. ,{t~ r .I (• {~' ! f~ "tffli ~ ..L tI Sill°i{2 i1{1 '. ~, i;5 Nr+j' ~:~f1~ ~.~10 , ~ ,,, ..L.~ :'? _. ti,._~'~9, ° ~~ ~I , , ~ "~,~~- '`"~ °µ!~ ~~ r ~T'-' ~i.1 "- "`~ " ~ Pte' ~!~ a _ _ ~ . . ~ ~-v - ; 7 ~ , + ` 'a' Ra°a..r.~,gr.-'~ ' ~ ~ ~ " 4 a ~ ~ ti .:: l - .....-. sri. . - - . rT sar ~+. , b ~r. -- . '-:: '.'c'•_OPNIEP~T SERVICES CALIFO:INIA December 19, 1979 File No. DS-006 Tom Larwin Metropolitan Transit Development Board 620 "C" Street Fourth Floor San Diego, CA 92101 REQUESTED FIVE YEAR CVT FINANCIAL/OPERATING PLAN FOR FY1981-85 Jack Bloom, the Transit Coordinator, has prepared most of the information in this communication. At the outset, I would. like to indicate that this is staff level work, from one staff to another. There are many items involved in Mr. Bloom's work which is of a policy nature and which more properly should be reviewed by the City Council or the SCOOT Board, as appropriate. Furtrtermore, due to the very short lead time (about-two weeks) which was provided for this task, very little of the work has been subject to my review, which I believe is important, nor have the calculations been subject to checking. In proceeding with this document, therefore, I would like you to recognize the tentative nature of the information included herein. PRODUCTIVITY MEASURE A re-evaluation of CVT's farebox revenue/operating cost at this time indicates that the farebox recovery rate is not anticipated to increase any more than the 20o farebox recovery rate in FY1981 through FY1985 as previously submitted to you in our five-year plan (given frozen service levels) on November 13, 1979. SERVICE IMPROVEMENT RECODIMENDATIONS The projected CVT service improvements for FY1981-85 are sununarized below: Fiscal Year 1981 1. Commencing in FY81, 14 CVT buses will be rehabilitated at a cost of $17,500 each or a total cost of $245,000. This cost will be spread out over the next two year period for an annual cost of about $122,000. Z"6 Eou:~h .! venue, Chula Vista, CA 92010 (714) 5]5-5~2~ Tom T~arwin -2- December 19, 1979 2. Restructure Route 3 to pick up the eastern loop past the college presently served by Route 4. Route 3 will remain in service Monday through Friday on one hour headways. This change will result in additional revenue miles of 4,700 to Route 3. 3. Restructure Route 4 to bypass the eastern loop past the college and reduce headway to 30 minutes, Monday through Friday. The present Route 4 is on a tight schedule because of the increased volume of traffic especially on Telegraph Canyon Road. It is anticipated that these actions will increase both transit dependent as well as discretionary riders on one of CVT's major routes (it transports about 8300 people/month). This change will generate an additional 61,600 revenue miles. Thus Route 4 will travel a total of 149,300 revenue miles in FY 1981. New CVT system total for FY81 is 569,000 revenue miles. Fiscal Year 1982 1. Commencing in FY1981, 14 CVT buses will be rehabilitated at a cost of $17,500 each or a total cost of $245,000. This cost will be spread out over a consecutive two year period for an annual cost of about $122,000. 2. Reduce headways on Route 5 from one hour to 30 minutes, Monday through Friday. This new schedule will result in 72,200 revenue miles added to Route 5 for a total of 159,451 miles/year. 3. Reduce headways on Route 6 from 20 minutes to 10 minutes, Monday through Friday, with a net result of 19,000 additional revenue miles to Route 6 for a total of 43,235 miles/year. New CVT system total for FY82 is 660,000 revenue miles. Fiscal Year 1983 1. Reduce headways on Route 2 from one hour to 30 minutes, Monday through Friday. This change will add 44,600 revenue miles to Route 2 for a total of 113,807 miles/year. 2. Add Saturday service to Route 3, 7 a.m.-6 p.m. This will add 11,000 revenue miles to Route 3 for a total of 69,000 miles/year. 3. Add Sunday service to Route 4, 8 a.m.-6 p.m. which will add 9,100 additional revenue miles to Route 4 for a total of 158,000 miles/year. New CVT system total for FY83 is 724,700 revenue miles. Fiscal Year 1984 1. Reduce headways on Route 3 from one hour to 30 minutes, Monday through Friday. This change will add 60,800 revenue miles to Z/ Route 3 for a total of 130,000 miles/year. New CVT system total for FY84 would be 785,500-revenue miles. Tom Larwin -3- December~l9, 1979 Fiscal Year 1985 No CVT service improvements are scheduled. CVT SERVICE/COST PROJECTIONS - FY81 FY82 FY83 FY84 FY85 SERVICE LEVEL plus Fleet Number of Spare Buses Revenue Miles (000) Contract Cost/Revenue Mile (1) 13 16 17 19 19 4 5 5 6 6 569.0 660.0 725.0 786.0 786.0 1.94 2.13 2.18 2.47 2.79 Contract Cost (000) $1,103.9 $1,402.4 $1,580.5 $1,941.4 $2,193.0 Maintenance & Support 95.8 107.3 120.1 134.6 150.7 (000) (2) Operating Cost (000) 1,199..2 1.,509.7 1.,700.6 2,076.0 2,343.7 Capital Cost (000)(3) 390.0(5)- 20.0 20.0 20.0 2,880.0 TOTAL COST $1,589.7 $1,529.7 .$1,720.6 $2,096.0 $5,223.7 _COSTS VS AVAILABLE REVENUES Operating Cost (With 51,199.7 $1,509.7 $1,700.6 $2,076.0 $2,343.7 Service Improvements) Operating Cost (With (4) 930.6 1,016.5 1,107.3 1,208.5 1,321.6 No Service Improve- ment s ) Cost of Service $ 269.1 $ 493.2 $ 593.3 $ 867.5 $1,022.1 Improvements 125.0 $ 154.0 $ 191.0 Projected Unallocated $ 344.0 $ (34.0) $ TDA Funds Surplus/Deficit $ 74.9 $ (527.2) $ (468.3) $ (713.5) $ (831.1) (1) Based on annual inflation rates of 7~, 25~, 14~ for WearsinfFY81 &n82 all other CVT expenses, respectively plus $.23/mile/y for bus rehabilitation costs. (2) Projected City costs have been inflated 12o per year. 1979) and revised (3) Projections taken from CVT 5-year Plan Update.(of July as of 12/10/79. (4) Revised from previous reported figures, as of 12/20/79. /~ ( (5) $130,000 from FY 1980 LTF Reserves and $260,000 from FY8I.TDA allocation. (~ _. Tom Larwin -4- December 19, 1979 CAPITAL COSTS Capital improvement costs over the next five year period are broken down as follows (in 000's): FY81 FY82 FY83 FY84 FY85 Maintenance Facility $330 Buses $2,800 Fareboxes, Radios, etc. $ 30 50 Bus Stop Improvements $ 30 $ 20 $ 20 $ 20 30 Fiscal Year Totals $390~5~ $ 20 $ 20 $ 20 $2,880 If you have any questions, please do not hesitate to call. ~~u-~/ w ~ ~/ 64ILLIAM J. ROBENS Development Services Administrator GR:nr cc: Jack A. 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