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HomeMy WebLinkAboutAgenda Statement 1982/05/04 Item 13 COUNCIL AGENDA STATEMENT Item 13 ITEM TITLE: TIED BY: Meeting Date 5/4/82 Resolution 1,d8~proving FY1982- Fare Structure for HandYtrans '~I Development Services Administratd+r 4/5ths Vote: Yes No x ) T Transit Coordinator and I are proposing a new FY1982-83 fare structure for H dYtrans that would be effective on July 1, 1982. This revised fare s ructure would: (1) increase the HandYtrans fare from $0.75 to X0.85 per trip; and (2) increase the 10 ride ticket book price from $6.75 to X7.65, which would still offer HandYtrans clients a one ride discount. T is new fare structure is proposed in order to maintain HandYtrans' minimum r covery ratio of 10% as required by the Transportation Development Act ( DA). Therefore, it is my RECOMMENDATION: That the Council approve the following FY1982-83 fare s ructure for HandYtrans: (1) Regular (base) fare of $0.85 (2) 10 ride ticket book price of $7.65 B RD/COMMISSION RECOMMENDATION: The Elderly and Handicapped Transportation A visory Committee has concurred with this proposed fare structure. SCUSSION: T e HandYtrans base fare of X0.75 has been in effect since the system started o erating in November 1979. We have been able to maintain this same fare due m inly to two reasons: a steady growth in passenger ridership which generated s fficient fare revenue to meet the 10% recovery ratio requirement; and k eping operating costs as low as possible. However, HandYtrans is almost at c pacity now, and ridership has leveled off at about 120 passengers per day. A though we still can accommodate some additional riders, a fare increase is n cessary to insure that we achieve the 10% ratio during FY1982-83. The f llowing data compares certain estimated fiscal performance indicators for F 1981-82 and FY1982-83: 0 ract Cost r Supplies & Services Page 2, Item 13 Meeting Date~/$f FY1982-83 $207,080 (+8.5%) 16,000 (-12%) $223,080 (+6.8%) 28,800 $24,480 @ $0.85 10.9% Total Cost Re enue Passengers Fare Revenue Re overy Ratio (Reovsnue) FY1981-82 $190,853 17,930 $208,783 28,800 $21,600 @ $0.75 10.3% The data for FY1982-83 makes the following assumptions: (1) Revenue passengers are the same as this fiscal year. While it is our objective to increase HandYtrans revenue passengers next year to 30,000, achieving this ridership is not certain. Therefore, we are basing FY 1982-83 projected fare revenue on the present ridership. (2) This proposed fare structure does not include the Regional Center/ Starlight Center coordination project If this coordination project continues, the HandYtrans recovery ratio could be over 20% next fiscal year since we recover 100% of the costs of this special service to Starlight Center. However, should this project not continue for all or part of FY1982-83, HandYtrans still would be required to meet the 10% recovery ratio. For this reason, we have based the new fare structure without including the coordination project. With a fare of $0.85, HandYtrans fare will still be less than the other elderly and. handicapped dial-a-rides in the area. The following fares for other systems either are effective now or will be shortly: System San Diego Dial-a-Ride Wheels (National City) Wheels (East County) Lifeline Fare $1.00/$1.00 (Zone) $1.00/$0.50 (Zone) $1.00/$0.50 (Zone) $1.00/$0.50 (Zone) FI AL IMPACT: Based on FY1982-83 ridership projections of 28,800, the pr posed $0.85 fare will generate $24,480 in farebox revenue. This revenue wi 1 result in a farebox recovery ratio of 10.9%, computed as follows: $24,480 fare revenue 10.9% opera ing cos DT 005 WP 0052T