Staff memo to the Board of Directors, March 12 - AC Transit
Staff memo to the Board of Directors, March 12 - AC Transit
Staff memo to the Board of Directors, March 12 - AC Transit
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GM Memo No. 07-273bMeeting Date: <strong>March</strong> <strong>12</strong>, 2008Page 4 <strong>of</strong> 4Recommendation<strong>Staff</strong> recommends setting a public hearing regarding <strong>the</strong> FY 08/09 budgeted fareboxincrease and puts forward Fare Proposal 1 in GM -Memo 08-273a as <strong>the</strong> District's preferredoption.Prior Relevant <strong>Board</strong> Actions/Policies:GM Memo 07-273: Review <strong>of</strong> options <strong>to</strong> FY 08/09 budgeted fare increase.GM Memo 08-273a: Consider fare proposals for District's budgeted fare increase andrecommend setting a public hearing.Attachments:A. Fare Structure, Total Farebox Revenue, Revenue Miles and CPI Index FY94/95 - FY 06/07B. Fare Proposal 5 (CPI Index on 5 year cycle)C. GM Memo 08-273aApproved by:Rick Fernandez, General ManagerPrepared by:Deborah McClain, Chief Financial OfficerKathleen Kelly, Chief Transportation OfficerNancy Skowbo, Deputy General Manager, Service DevelopmentVic<strong>to</strong>ria Wake, Marketing & Community Relations ManagerKen Rhodes, Cus<strong>to</strong>mer Services ManagerCampbell Jung, Statistical Data and Information AnalystDan Lillin, Treasury ManagerDate Prepared: February 13, 2008
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