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HomeMy WebLinkAboutAGENDA REPORT 1992 0916 CC REG ITEM 11CMOORPARle EM I.C. 799 Moorpark Avenue Moorpark, California 93021 (805) 529 -6864 M E M O R A N D U M ORPARK, CALI"C R.`:'. U ty Coungill Meeting of 199_Z ACTIO Z;090VP�0_ By TO: Honorable City Council d\ FROM: Mary R. Lindley, Assistant to the City Manager DATE: September 8, 1992 (September 16 Council Meeting) SUBJECT: Consider Approval of a Monthly Bus Pass Summary Council is being requested to consider and approve a monthly bus pass program to begin on October 5, 1992. Background The City's bus service consists of a single bus which makes a loop of the City every hour. Fiscal Year 1991/92 figures indicate that the total ridership for- the year was 11,224, an average of 45 riders per day. The fare box return in 1991/92 was 6.3 percent. As stated in a Council report earlier in the year, the guidelines that regulate the use of TDA funds state that the City must, within three years, operate at a level that provides for a fare box return of 14.9 %. For Moorpark, that three year period ends in 1992/93. As one of the steps to achieve the required fare box return, Council took action on July 1, 1992, to increase the bus fare to $.75. As explained at that time, increasing the fare alone will not sufficiently increase the City's fare box return. Staff was directed to return to Council with a proposal for a bus pass program. The proposed bus pass program consists of a monthly pass, good for unlimited use during the designated month. The pass would be offered at a discounted cost of $27, providing a rider who rides the bus twice a day, five days a week, with six free rides. The discount is based on an average of 42 possible one way rides per person during the month. If a rider were to purchase two, one -way rides each week day, the cost to the rider would be $31.50. PAUL W. LAWRASON JR. JOHN E. WOZNIAK SCOTT MONTGOMERY BERNARDO M. PEREZ ROY E. TALLEY JR. Mayor Mayor Pro Tern Councilmember Councilmember Councilmember Printed On Recycled Paper Monthly Bus Pass September 8, 1993 Page 2 If the City is to increase its fare box return, the discounted fare must be compensated from a funding source. An additional cost attributed to TDA funds would have the affect of lowering the fare box return. Staff proposes that the City's General Funds be used to cover the $4.50 subsidy per pass. It is estimated that the City will sell approximately 20 passes per month which would equal a subsidy of $810 for the remainder of FY 1992/93. Monthly passes will expire at the end of each month. The passes will be printed on colored paper with an expiration date to help the driver identify valid passes. On August 31 the Council's Transportation Committee (Wozniak, Talley) considered and approved the proposed monthly bus pass program. The Committee also considered weekend bus service and the feasibility of providing shuttle service to Moorpark College. Due to the City's limited funding resources, the Committee and staff believe that the City's priority should be to meet the fare box return to ensure the continuation the its bus service. Expanding service at this time would seriously jeopardize this effort. The monthly bus pass program, along with the fare increase, is expected to increase ridership and revenue slightly but will not allow the City to meet the mandated fare box return. To ensure that the City meets the a fare box return of 14.9 %, the Transportation Committee and staff are continuing to evaluate several alternatives that will be presented to Council for its consideration in December. Recommendation f The Transportation Committee and staff recommend that Council approve the monthly bus pass program as outlined in this report, effective October 5, and approperate an amount not to exceed $810 from the General Fund Reserve to subsidies the passes in FY 1992/93.