Fiscal Challenges Since 2009
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Transcript of Fiscal Challenges Since 2009
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53% drop = State Transit Assistance
SAFETEA-LU Reauthorization = TBDLocal Tax Funding = Up/Down
FY 12-13 = Projected $5 million deficit
Fiscal Challenges Since 2009
Item 8-B: Service Changes August 2012
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Efficiencies to Date = $423,000 saved
Legislative recovery of federal funds
Service Changes/Reductions
Deficit Mitigation Strategies
Item 8-B: Service Changes August 2012
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Downtown Ride: Ending Service 6/17
$210,000
Rapid 10: Cancel 6 trips $84,000(b/w Venice & 2nd/Colorado)
Route 2: Truncate route $191,000between Pico & Hill St.
Service Changes
Item 8-B: Service Changes August 2012
Cost Savings/yr.
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Original 2010 proposal: End at Civic Center (redundant w/Route 1)
Adopted compromise: Continue to Hill St.; report on ridership
Route 2 - Background
Item 8-B: Service Changes August 2012
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• Avg. ridership: 40 riders/$ hour
• South of Pico: 17 riders/$ hour
• South of Pico: 3 riders/bus
Route 2 Productivity: Pico to Hill
Item 8-B: Service Changes August 2012
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Segment Operating Cost: $191,600/yr.
Per Trip Subsidy: South of Pico: $4.25 (north of Pico: $2.75)
(system-wide: $1.98)
South of Pico Costs
Item 8-B: Service Changes August 2012
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RouteSubsidie
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Route 1, 8 & Dial-a-Ride Services
Saves 1 bus/full-time operator
Helps keep fares low for everyone
Result? More Resources for All
Item 8-B: Service Changes August 2012
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Approve changes* for Route 2 and Rapid 10 to save
$275,000/yr.
(*starting August 26, 2012)
Staff Recommendation
Item 8-B: Service Changes August 2012