HomeMy WebLinkAboutAGENDA REPORT 1994 0615 CC REG ITEM 08MITEM
Background
The City currently contracts with Antelope Valley Bus for transit
services. The service consists of one 21 passenger bus that loops
the City once every hour. Staff proposes that the contract with
Antelope be renewed for FY 1994/9'.
The cost to the City for its tr,insit services in fiscal years
1991/92 and 1992/93 was $91,600 annually and $93,900 in 1993/94.
Transportation Development Act (TD ;0 funds have been used to cover
the cost of the transit service contract. However, in 1993/94 the
Council allocated $5,800 from ttie General Fund to cover the
definiency in the fare box return.
In 1994/95, the cost of the City's transit contract will increase
3 percent to $98,600 and the revenue collected from the bus fares
is projected be approximately $8,5,)o in 1994/95.
As you may recall, State regulat;ons for the use of TDA funds
require transit operators to meet a mandated fare box return. The
mandated fare box return ratio for the City is 14.9 percent. If a
jurisdiction fails to meet its fare box return ratio and wishes to
continue using TDA funds, it must make up the dollar difference
with general funds.
The City's bus service currently operates with a fare box return of
11 percent. For the City to continue using TDA funds to support
the bus service, it must make up the definiency between the goal
and actual fare box return with ;general funds. on the
current fare box return, staff recommends that Cou ncil dallocate
$9,000 from the City's General Funo to the bus contract.
Recommendation (roll call vote)
Staff recommends that Council authorize the Mayor to sign a
contract with Antelope Valley Bus, at a cost. not to exceed $98,600,
and allocate $81,100 in TDA funds and $9,000 in City General Funds
(the remaining $8,500 will be allocated from bus fares) for transit
service in fiscal year 1994/95.
AGENDA REPORT
CITY OF MOORPARK
B
TO:
Honorable
City Council
FROM:
DATE:
Mary R.
June 8,
Lindley, Assistant
1994 (CC meeting of
to the City Manager),W,-
June 15) 1
SUBJECT:
Consider
Antelope
Extension of Transit Services Contract with
Valley Bus Company for Fiscal Year 1994/95
Background
The City currently contracts with Antelope Valley Bus for transit
services. The service consists of one 21 passenger bus that loops
the City once every hour. Staff proposes that the contract with
Antelope be renewed for FY 1994/9'.
The cost to the City for its tr,insit services in fiscal years
1991/92 and 1992/93 was $91,600 annually and $93,900 in 1993/94.
Transportation Development Act (TD ;0 funds have been used to cover
the cost of the transit service contract. However, in 1993/94 the
Council allocated $5,800 from ttie General Fund to cover the
definiency in the fare box return.
In 1994/95, the cost of the City's transit contract will increase
3 percent to $98,600 and the revenue collected from the bus fares
is projected be approximately $8,5,)o in 1994/95.
As you may recall, State regulat;ons for the use of TDA funds
require transit operators to meet a mandated fare box return. The
mandated fare box return ratio for the City is 14.9 percent. If a
jurisdiction fails to meet its fare box return ratio and wishes to
continue using TDA funds, it must make up the dollar difference
with general funds.
The City's bus service currently operates with a fare box return of
11 percent. For the City to continue using TDA funds to support
the bus service, it must make up the definiency between the goal
and actual fare box return with ;general funds. on the
current fare box return, staff recommends that Cou ncil dallocate
$9,000 from the City's General Funo to the bus contract.
Recommendation (roll call vote)
Staff recommends that Council authorize the Mayor to sign a
contract with Antelope Valley Bus, at a cost. not to exceed $98,600,
and allocate $81,100 in TDA funds and $9,000 in City General Funds
(the remaining $8,500 will be allocated from bus fares) for transit
service in fiscal year 1994/95.