WAKE FOREST PUBLIC TRANSIT PLAN
Circulators The operating costs for the circulators are based on the cost to operate the WFL. Table 6 outlines the current operating characteristics for the WFL (A and B loops) and the annual operating cost assumed by the Town of Wake Forest and GoRaleigh for FY 2024. The total cost for the WFL’s Monday to Friday and Saturday service is approximately $1,002,000 ($854,000 for weekday service, and $148,000 for Saturdays). The cost is based on a unit operating cost set by GoRaleigh of $109.39 per vehicle hour. These factors are assumed as the basis to develop an opinion of planning-level operating cost for the East and West loops. Note, approximately 17% of the WFL operates in the City of Raleigh (based on the route’s length), therefore the cost to the Town of Wake Forest is 83% of the total cost – approximately $832,000.
Table 6: WFL Operating Cost (FY2024) for A and B Loops
Monday to Friday
Saturday
Route Length (miles) Frequency (minutes)
16 (one-way for each loop)
16 (one-way for each loop)
65 minutes
75 minutes
Revenue Hours per Day
14
12
Number of Vehicles
2 (one for each loop)
2 (one for each loop)
Vehicle Revenue Hours per Day Total Vehicle Hours per Day 1
28 30
24 30 52
Days per Year 2
260
Vehicle Revenue Hours per Year
7,800
1,352
Annual Operating Cost 3 Cost per Vehicle Hour
$854,000 $109.39
$148,000
$109.39 1 Includes one hour of deadhead per day for each vehicle to account for travel to and from bus garage. 2 Average weekdays and Saturdays per year. 3 Rounded up to the nearest 1,000ths.
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