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HomeMy WebLinkAboutStaff Report 4.A 6/16/2014Agenda Item #4.A DATE: June 16, 2014 TO: Honorable Mayor and Members of the City Council through City Manager FROM: Dan St. John, F.ASCE — Director, Public Works & Utilities Joseph Rye — Transit Division Manager SUBJECT: Public Hearing and Resolution Authorizing the Increase of Cash Fares for Petaluma Transit and Petaluma Paratransit It is recommended that the City Council conduct a public hearing, accept and consider comments and adopt the attached resolution authorizing the increase in cash fares on Petaluma Transit and Petaluma Paratransit effective August 2014. BACKGROUND Petaluma Transit (PT), like all transit agencies, charges fares to help offset a modest portion of its operating costs. PT's last fare increase was in July 2010. The 2012 Short Range Transit Plan programmed a fare increase for FY 2013-2014, which was not implemented. A fare increase at this time is necessary for Petaluma to: • Remain eligible for Transportation Development Act (TDA) funding • Increase operating revenues to the transit agency • Align PT fares with other neighboring transit agencies Petaluma Transit's primary source of operations funding is TDA funds derived from a''/4 cent statewide sales tax that is returned to communities based upon population. One of the eligibility criteria TDA requires is that transit agencies in designated U.S. Census Bureau urban areas must derive at least 20% of their operating costs from the sale of fares and passes. Sales of advertising can also be used to augment the total fares and pass sales when calculating a transit agencys fixed route "farebox recovery ratio". The rate is calculated as follows: Farebox Recovery Ratio (FBR) equals total revenues from fares, passes, and sales divided by total operating costs. In the Bay Area, the Metropolitan Transportation Commission (MTC) is responsible for distribution of TDA funding and monitoring adherence to all TDA finding rules and Agenda Review: City Attorney Finance Director City Manager_ performance criteria, including FBR. MTC has local option sales taxes such as Sonoma County's Measure M as additional "other local revenues" and included it with fares, passes and ad revenue in calculating the FBR to help Petaluma, as well as the majority of other transit agencies in the Bay Area suburbs, to exceed the TDA 20% FBR requirement. Without this interpretation of TDA law, allowing other local revenue, the FY 12-13 FBR for Petaluma Transit was 16.2%. With the allowance of other revenue (Measure M funds that go to Petaluma Transit), the FBR for Petaluma (combined fixed route and paratransit) was 27.3 %. The following table compares local fares and passes of neighboring transit agencies. $1.50 $1.25 $0.75 $50 $25 $25 $135 $1.05 $0.60 $62.50 $47 $31.25 $2.00 $1.00 $1.00 $80 $40 $25 $1.75 $1.50 $0.85 $56 $44 $28 $1.50 $1.00 $0.75 $48 $33 $24 While enjoying an unprecedented increase in ridership in recent years, PT still struggles with a FBR of only 16.2% in FY 2013 if Measure M revenues are not taken into account. A modest fare increase, especially when accompanied by service augmentation, such as the proposed August 2014 initiation of night service, will help PT approach its TDA funding requirement of 20% FBR. MTC is encouraging the standardization of fares regionally. By implementing the proposed fare increase, PT would be aligned with Santa Rosa CityBus, which charges a simple "base fare" of $1.50 for adults. On the Petaluma Paratransit side of operations, FTA regulations limit paratransit to no more than double a one-way cash adult fixed route fare for basic ADA complementary service as provided by Petaluma Paratransit. The following table compares neighboring paratransit fares in the region and shows that Petalmna Paratransit fares are generally equal to regional peer agencies. TDA law requires Petaluma Paratransit to realize 10% of its operating costs from passenger fares and advertising revenues. As on fixed route systems, MTC includes Measure M funding in the calculation allowing Petaluma and other paratransit providers to "comply" with the 10% goal. Excluding Measure M funds, Petaluma Paratransit's FBR in FY 2013 was 5.2%. The 2012 Short Range Transit Plan (SRTP) anticipated a fare increase for FY 2013-2014. Implementing the fare increase in FY 2014-2015 would follow the SRTP financial direction, albeit late. Delaying the next fare increase to a later date without a significant and long -desired service improvement would be less palatable to PT riders. The proposed action meets Council Goal: "Achieve fiscal stability and maintain financial sustainability". MTC has not indicated that they intend to change their policy of allowing credit for local option sales tax funding such as Measure M in the TDA Farebox Recovery Ratio calculations. Because marry metropolitan transportation planning organizations do not consider local transportation taxes in the farebox calculation, it is possible that MTC could consider and implement a policy change. If such were to come to fruition, it should be noted that failure to meet the TDA requirement of 20% FBR can result in reduced TDA funding in the future. The reduction would be the difference between the transit agency's FBR and the 20% standard. The Transit Advisory Committee (TAC) recommends that the adult and senior/disabled/Medicare cash fares be increased, while the student cash, and all other monthly/quarterly passes remain at the current pricing levels, as summarized below: Proposed Fares Type Proposed Current Adults $1.50 $1.25 Students $1.00 $1.00 Senior & Disabled (Medicare) $0.75 $0.50 Paratransit $3.00 $2.50 No price increase is recommended for unlimited ride passes because they speed up operations, and induce frequent trip taking once purchased. During the last fare increase in 2010, senior cash fares were not increased. Most seniors that ride pay cash because it would require 30 one-way trips per month to justify purchase of an unlimited ride Senior & Disabled pass for $15. Raising the senior cash fare to $.75 will induce more sales of the monthly $15 senior pass. TAC recommends continuing to price Petaluma Paratransit one-way fares at double the adult fixed route rate to follow industry standards. This would raise the paratransit fares from $2.50 to $3 for a one-way trip. TAC voted to recommend the fare increase as contained in this report at their June 5, 2014 meeting. TAC also recommends setting the price of the 12 -ride, "rider card" at $33 rather than $36, to mitigate the fare increase slightly for regular paratransit riders. In conjuction with the fare increase, it is also recommended thatfixed route travel for all ADA - eligible Petaluma Paratransit riders be provided for free, with a valid ID card. Free travel training will continue to be offered to existing paratransit riders who wish to learn how to use the fixed route system. This will serve to expand the travel options for many seniors who are eligible to use paratransit under ADA law, but are physically able to use fixed route for some trips by giving them a financial incentive. More seniors would be referred to the travel training program. FINANCIAL IMPACTS PT anticipates an increase of $2,000 in fare revenue per month based on an average of 8,000 adult cash riders paying $.25 more per trip in increased cash from adults. In addition, cash paying seniors and disabled should increase revenue by $750 per month. On an annual basis, these two fare increases will generate an additional $33,000 in fare revenue, which would boost PT's FBR from 16.2% in FY 14 to over 18% in FY 15. This will highlight the City's good faith effort at TDA firebox recovery ratio compliance. ATTACHMENTS 1. Resolution 4 Attachment 1 PUBLIC HEARING AND RESOLUTION AUTHORIZING THE INCREASE IN CASH FARES FOR PETALUMA TRANSIT AND PETALUMA PARATRANSIT EFFECTIVE AUGUST 2014 WHEREAS, the funding sources upon which the City operates Petaluma Transit and Petaluma Paratransit require compliance performance standards, specifically with Transportation Development Act (TDA) farebox recovery ratio, requiring urban transit systems to recover 20% of overall operating costs from passenger fares, a fare increase is necessary: Adults $1.50 Students $1.00 Seniors/Disabled $0.75 Paratransit $3.00; and WHEREAS, staff and Transit Advisory Committee have thoroughly discussed the need for the fare increase over multiple recent meetings, and have identified the optimal time to implement the needed fare increase is at the same time as the expansion of evening service; and WHEREAS, the City has conducted outreach with the riding public and the Transit Advisory Committee to refine the options under consideration, including review of these proposed changes at multiple Transit Advisory Committee meetings on March 6, April 3, and May 1, 2014, and through public workshops held on April 23, and May 6, 2014, at the Petaluma Community Center, the Petaluma Senior Center, at the Eastside Transit Center, and advertised on the transit website, buses, and bus stops, with comments received in person, via the web, and by phone; and WHEREAS, in accordance with City policy and Federal Transit Administration (FTA) regulations that apply to all FTA grantees, sufficient public notice has been posted regarding the intent of the City Council to hold a public hearing to consider a fare increase. WHEREAS, the Transit Advisory Committee recommends approval of the fare increase as described in this staff report and resolution. NOW, THEREFORE, BE IT RESOLVED that the City Council of the City of Petaluma hereby authorizes modification to the cash fare structure, as follows: Adult fare Increase from $1.25 to $1.50 Student fare No Change $1.00 Seniors/Disabled fare Increase from $.050 to $.075 Paratransit fare Increase from $2.50 to $3.00 per one way