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PresentationKEY FINDINGS • Overwhelming support from parents and community • Enough potential demand for a small pilot program • High level of price sensitivity • Fare revenue not sufficient to offset the total cost of the service, meaning additional revenue needed Primary Goal: reducing traffic congestion near schools Key Considerations: Congestion Relief Convenience Safety KEY FINDINGS - Potential Demand Amenable Customers 1046 d. romisme.on.1i mw<,wo we -o�. ev: a4. oo. nrsssoh••r ai,.o.a. an Um� .. �ms.m.. mioom wnx 6/6/2018 1 KEY FINDINGS - Potential Demand Concentration of Amenable Customers - ..- p ® 9f • o m ■• XI e O ✓7 vt I KEY FINDINGS - Price Sensitivity KEY FINDINGS - POTENTIAL - POTENTIAL Pilot Route Concept: Fisher and Blossom Hill OF AMENABLE CUSTOMERS Ln Potential RlaersMO: 5e st.d.nh �.. - sauo !a .' Traval Tlme: 30 35 mine to Blossom sn on � 0• HIII, 35 -60 mine to Fisher loan 30` sumo s 1 / _M1ry` . ;»•.. �� tt �! •�seoiM ✓^ ... . �.� .. i •" F..r l e . r.e J ' . . r.F �,` • ire 0�' � .% '..-.s '-"� S •�^Ti. - � MunOn Namenede Ne6mert 0 KEY FINDINGS - Price Sensitivity KEY FINDINGS - POTENTIAL CONCENTRATION OF AMENABLE CUSTOMERS Ln .o+ s.amo • - sauo sn on � 0• loan 30` sumo Uu 5]50 TSW SaSO SI.WO �•nnutltubxrynonfn� —ra.e brenu. •" F..r l . • � � � � .% '..-.s /gyp KEY FINDINGS - Price Sensitivity • Price Scald ivity and Fare Revenue of Pilot Service w sssem rye xM Ln .o+ s.amo • - sauo sn on � 0• loan 30` sumo Uu 5]50 TSW SaSO SI.WO �•nnutltubxrynonfn� —ra.e brenu. 6/6/2018 2 FY18 -19 FY19 -20 FY20 -21 No. of Routes 2 2 4 Total $ 110,600 $ 221,200 $ 341,880 Revenue Fare Revenue- Projected GFAR - Budgeted TFCA Grants Total Available Funds (Fare +GFAR) Additional Estimated Funding Required Town Fund % Updated June 6. 2018 $ 23,400 $ 45,500 $ 91,000 $ 57,200 $ 115,700 $ 220,880 $ 80,600 $ 161,200 $ 311,880 $ 30,000 $ 60,000 $ 30,000 79% 79% 73% Council Direction /Confirmation: ■Yellow School Bus Service Model •Annual Subscription Required ■Fare Structure and Cost Sharing • $350 /year for Town Residents • $1,700 /year for Non - Residents i Recommendation: Proceed with a school bus pilot program starting in January 2019 Future Council Actions on: ■Contract Amendment for Business Plan ■Service Contract ■Start of Service Based on Customer Sign Up • Additional slides follow to support the discussion as needed. 6/6/2018 3 Is KEY FINDINGS - Potential Demand • + • • • ean •• KEY FINDINGS - Potential Demand �p�3Ip�� .... • • �...: • Fn {j(j �• �~ a farm as 6/6/2018 4 H18,39 FV18 -19 FS16 -17 FV19-20 Fare (annual two-way pass) $ 335 $ 492 $625/$750 $ 350 Eapenus $ 2,363,330 $ 2,054,506 $ 1,559,807 $ 2211300 Revenue •$1,202,016 Fare Revenue 483,350 2 $ 630060 31% 39% 49% $ 45,500 21% County Sales Tas 1151,038 14 59% TDM Fund, $ 3% $ 72,500 4% _ .. CSATI $ 1381.8 6% -- Morin Transit .. .. _ - 0%.30% - School Districts 0% -10% General Funds (Cities and Co - 23 % -46% $ 175,7W 79% .1.1 Revenue $2,.5,226 103% $1,904,576 93% $ 1,559.807 $ 221,200 100% Is KEY FINDINGS - Potential Demand • + • • • ean •• KEY FINDINGS - Potential Demand �p�3Ip�� .... • • �...: • Fn {j(j �• �~ a farm as 6/6/2018 4 Potential Ridership: 59 students --- ------- Travel Time: 25 mins to Blossom ']'I, 35 -40 mine to Fisher sell 17 18=7 School Number of Amenable Customers Catchment Area yar 5/6/2018 19