Funding Implications
How could we increase ridership and ease congestion? • Subsidize routes and/or transit passes for existing service • Along congested corridors, entire route or between major points? • Offer free fare program to commuters in the area
Revenue Estimate ($2 per boarding)
Current Peak Trips (5am – 8am)
FY 2020 Year to Date Ridership
Annual Cost (dead-head cost)
Route
24LX (5am – 7am peak) 25LX (5am – 7am peak)
5
22,430
$630 ($305k)
$44,860
$398k ($172k)
3
15,942
$31,884
360LX
$1.3M (55k)
3
74, 806
$149,612
3
60LX
$1.4M (88k)
34,425
$68,850
Total $295,206 Current farebox return offsets approximately $295,000.00 of the $3.7 million annual operating costs. $3.7M ($616,590) 13 147,603
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