Short Range Transit Plan 2008-2013 - Omnitrans

IBI GROUP
SHORT RANGE TRANSIT PLAN REPORT
OMNITRANS COMPREHENSIVE OPERATIONAL ASSESSMENT
& SHORT RANGE TRANSIT PLAN
11.2 Financial Plan – Capital and Operating
Figure 11-6 through Figure 11-10 summarize the financial, operating, capital, and fleet information for the
six-year planning period. Information is provided for fixed route, OmniLink, and Access services, along
with a combined fixed route and OmniLink table, and an all services table. Figure 11-11 summarizes
operating expenses and revenues. Figure 11-12 provides annual fund balance estimates for key
operating and capital funding sources. The following assumptions were used in preparing the financial
information:
• Operating cost budget assumes fixed route service cuts of 44,000 hours in FY
2008 and 22,943 in FY 2009, and an OmniLink service cut of 4,000 hours in FY
2008.
• Operating costs increase each year based on historical increases, except noted
below.
• Administrative cost increases held to no more than inflation for FY 2009 through
FY 2013.
• FY 2008 operating cost budget matches preliminary budget supplied by
Omnitrans.
• Operating costs reflect new cost allocation process developed by Omnitrans.
• Operating costs associated with service changes determined using marginal
costs.
• FY 2008 capital budget matches preliminary Capital Improvement Plan (CIP)
supplied by Omnitrans, with adjustments based on comments by SANBAG.
• Fare increases in FY 2008, FY 2009, FY 2011, and FY 2012 resulting in the
following base and average fares:
Figure 11-4: Base and Average Fares
Fare Type FY 2008 FY 2009 FY 2010 FY 2011 FY 2012 FY 2013
Fixed Route Base $1.35 $1.50 $1.50 $1.75 $2.00 $2.00
Fixed Route Avg. $0.87 $0.92 $0.94 $1.04 $1.19 $1.22
OmniLink Base $3.00 $3.00 $3.00 $3.50 $4.00 $4.00
OmniLink Avg. $1.69 $1.69 $1.69 $1.91 $2.22 $2.22
Access Base $2.45 $2.75 $2.75 $3.25 $3.75 $3.75
Access Avg. $3.02 $3.26 $3.31 $3.71 $4.33 $4.44
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