WAKE FOREST PUBLIC TRANSIT PLAN
One option discussed in the Operating Characteristics to improve the level of service is to increase the number of vehicles on the loops to provide a 30-minute frequency. Table 8 summarizes the costs if both loops had two vehicles each. The total cost to Wake Forest for operating both loops would be $2,013,000.
Table 8: Estimated Annual Operating Cost for Circulator – 30-minute Frequency
West Loop (Counterclockwise)
East Loop (Clockwise)
Route Length (miles) Frequency (minutes)
12 (one-way)
13 (one-way)
30 15
30 15
Revenue Hours per Day 1
Number of Vehicles Total Hours per Day
2
2
16 32
16 32
Total Vehicle Hours per Day 2
Days per Year 3
312
312
Vehicle Revenue Hours per Year 9,984
9,984
Cost per Vehicle Hour 4
$109.39
$109.39
$1,100,000
$1,100,000
Annual Operating Cost
Annual Operating Cost (minus City of Raleigh Portion – 17%) Total Annual Operating Cost
$913,000
$1,100,000
$2,013,000
1 6:00 a.m. to 9:00 p.m. 2 Includes one hour of deadhead per day for each vehicle to account for travel to and from bus garage. 3 Average weekdays and Saturdays per year. 4 Based on FY2024 cost per revenue hour for GoRaleigh fixed route.
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