"REVENUE AND COST PROJECTION, 1975 OPERATING RESULTS OF BAY AREA TRANSIT SYSTEMS -- TECHNICAL MEMORANDUM 42"

THE METHOD EMPLOYED IN FORECASTING FUTURE SERVICE COSTS FOCUSED UPON TWO BASIC VARIABLES: (1) ANTICIPATED SERVICE LEVELS; AND (2) ESTIMATED REVENUE INCOME. UNIT COSTS ON THE TWO EXISTING TRANSIT SYSTEMS (MUNI AND AC TRANSIT) WERE THEN DEVELOPED. ALTHOUGH THE BART IS NOT YET OPERATIONAL, RELIABLE PROJECTIONS OF BOTH VARIABLES WERE USED TO DETERMINE THE PROBABLE COST OF PROVIDING RAPID TRANSIT SERVICE. THE MAJOR PURPOSE OF THIS REPORT WAS TO PROVIDE COMPREHENSIVE COST AND REVENUE DATA FOR THE YEAR 1975. GIVEN THE PROPOSED FARE STRUCTURE AND A SERVICE LEVEL OF MORE THAN 23 MILLION PASSENGER MILES ANNUALLY, THE TRANSIT NETWORK CAN SHOW A PROFIT BY THE TARGET YEAR. DEPENDING UPON WHICH ALTERNATIVE FARE PLAN IS FINALLY ADOPTED, BART MAY SHOW A NET PROFIT OF MORE THAN $12 MILLION AND MUNI A PROFIT OF APPROXIMATELY HALF THAT FIGURE. THE REPORT CONCLUDES WITH A DISCUSSION OF THE PROPOSED SHARING OF JOINT FARE DISCOUNTS AMONG THE THREE TRANSIT SYSTEMS. THIS "REVENUE SHARING" PROPOSAL IS SUGGESTED BECAUSE: (1) THE 1975 TRANSIT NETWORK WILL EMPHASIZE INTEGRATED OPERATIONS AMONG THE THREE LINES, WITH EXISTING AC TRANSIT BUSES OPERATING AS FEEDERS TO BART STATIONS; AND (2) THE NETWORK WILL EMPLOY A JOINT FARE SYSTEM IN WHICH INTERMODAL TRANSFER PASSENGERS WILL PAY ONLY A SINGLE DISCOUNT FARE AT THE BEGINNING OF THEIR TRIP. THESE FACTORS WOULD FAVOR A SHARING OF PROJECTED PROFITS WITH THE AC TRANSIT COMPANY. /UMTA/

  • Supplemental Notes:
    • PROJ NO CAL-MTD-5
  • Corporate Authors:

    SIMPSON & CURTIN

    PHILADELPHIA, PA  USA 
  • Publication Date: 1966-12

Subject/Index Terms

Filing Info

  • Accession Number: 00201051
  • Record Type: Publication
  • Source Agency: Urban Mass Transportation Administration
  • Files: TRIS, USDOT
  • Created Date: Oct 9 1982 12:00AM