HomeMy WebLinkAbout06/06/2000, 4D - TRANSIT FUND REVIEW FOR 2000-01 council ' D-67
j agenda Repout
CITY OF SAN LUIS OBISPO ,//J
FROM: Michael D. McCluskey, Public Works Director X4
Prepared By: David Elliott, Administrative Analyst
SUBJECT: Transit Fund Review for 2000-01
CAO RECOMMENDATIONS
Review and discuss the worksheet"Changes in Working Capital-Transit Fund"
DISCUSSION
The attached worksheet, "Changes in Working Capital -Transit Fund",projects sources of
revenue and uses of revenue for the transit fund over the five year period from 2000-01 to 2004-
05. Worksheet projections are based on the following assumptions:
1. State Transportation Development Act(TDA) grant apportionments will increase about
three percent each year.
2. Federal Transit Administration(FTA) grant apportionments will increase at levels
approved in federal legislation adopted in fall 1998.
3. Transit fares will not increase.
4. Revenue from cash fares and pass sales will not increase. This is a very conservative
assumption,particularly since service was expanded by 35 percent in September 1999,but
it reflects ridership trends over the nine months since the service expansion took effect.
Although Cal Poly ridership(which does not affect cash fares and pass sales because Cal
Poly riders do not pay a cash fare or buy passes)has increased substantially,non-Cal Poly
ridership has increased only slightly. After the new Transit Manager starts work,Public
Works will begin formulating a marketing strategy targeted toward potential non-Cal Poly
riders.
5. The annual contribution from Cal Poly will be$187,800 in 2000-01 based on Cal Poly's
contractual obligation to pay that amount. Although the annual increases in future
contributions are assumed to follow the projected increases in direct operating costs,
beyond 2000-01 the level of contributions has not been negotiated and is uncertain.
From the worksheet Public Works has concluded that current transit fares plus anticipated FTA
and TDA apportionments will cover all planned operating expenses and capital outlays from
2000-01 through 200405,including replacement of six buses.
For the past four years,the revenue source Cal Poly uses to pay its annual contribution has fallen
short of the amount needed. Until 1999-00, each year some campus group like ASI or the Cal
Poly Foundation has provided the money needed to close the gap and allow continuation of free
rides for students, faculty, and staff members. For 1999-00 a grant from the State Air Pollution
Control District ensured that the zero-fare plan would continue. The picture for 2000-01 is still
unclear. If no grant or other source is found, starting in January 2001 Cal Poly may sell transit
4D-1
Council Agenda Report—Transit Fund Review for 2000-01
Page 2
passes to close the$57,000 gap between the money available and its contract obligation to the
City. In effect there will be no more free rides.
ATTACHMENT
1. Changes in Worldng Capital-Transit Fund
Transit Fund Review 00-01
4D-2
ATTACHMM 1
0 000000 oOCCO coo 0 0 0
O 0 Coco 0 0 0 0 0 0 0 0
7f1, �o V1 to O r- N � �o O �D
-4- N N c n N R R n 0 -Z m N to
� y to 00 �o O R R O% to R to
•;, O m O1 to N l� 00 to
CT
O 0 0 0 0 0 0 O O O O O O O O O O O
O O O O O O O O O O O O O O
..
�o t: mr- 0m NNa0R as to a
.. .p: N N n O N to O O O O O R n N
00 %o O R R ON m cc O m
o\ �o m O R N %D N N m to
N
i�r. o 000000 00000 coo O o 0
0 0 0 0 0 0 = 0 0 0 0 C o o S
!n` \o V1 \O O 00 \O N 00 O 00 O V5 V1
N O M N N to M 00 to m C 06 n
n to 00 In m 00 - O r- N O
ON v_ m n lqr N a` m
cm
O
N
O 00 0 0 0 0 0 0 0 0 0 O O O O O O O
O O O O O O O O O O O O O .D
O �D N C �o O %D O v1 to y
N %Dtr [z N tli m �o � O m 00 'C
n.y.:ay N R R N -- N m m N O m N
4t+ `
C
O O O O O coo O O O d
t� O O O O O O O O O O O O O O O rn
m t_ : to to vn to
of ^ to N t0 N C% •--� to � V1 to R R C
p' W m m V1 m N \o Ono Vi v v m m
ICP
C
N N O
`5�'::ItiY / n•
'F O 0 0 0 0 0 0 O O O O O O O O O O O OL
0 0 0 0 0 0 O O O O O O O O O d
0%9 t �c = 00mcl moo -, moi vvm m p
O.,m. % W R m to N6 tai --t to tb m W to_ N N
Qh:e %n m n trn �o N R R R N N U
M.."m. m to to m N R N n n v v y
L
O O O O coo cc O cc O O O O O O m
0 to - O+ R to m o0 N m N
01
o in%6 7 0 0 n v m n N0\ ON m N m
-wk.'� C- n n cn y m -- R m n n R N to
C
y
7. ;'^ `
2'• f C
1�1 Q
.r a d
.. y
F ;a=te:�.: � � •o � � � Q y
i t-• L 1. VJ
L y h.. O 4r L d
mCZa > to v d E p, Q •c = e C .0 °
ty �rk� •0 L L A tlJ y L L D. d K 7 r too
9 D
a e mC7vCj u � a o a� O 'oW � ¢ � O ayi w`
o CLI
IWO ci 0: in
jo
C6 cc X
ca
u
.. d [i
u�:LS z w O a 3 3 0 4D-3