Laserfiche WebLink
FUNDING REQUEST <br /> <br /> The Shores Shuttle program has been operating successfully since early <br /> September 2001, and the City would like to continue the program and expand the <br /> operation to include service to the Belmont Caltrain Station as well as the San <br /> Cados Station. <br /> <br /> The program is currently supported by funds from the City's Traffic Mitigation <br /> Fees. Fund. This fund is not a viable source to continue to fund the operation of <br /> this on-going program in the long term. This funding source is more appropriate <br /> for capital improvement projects, and the matching funds from C/CAG's local <br /> Transportation Services Program would allow more of the Traffic Mitigation Fees <br /> Fund to be used for such projects. <br /> <br /> The City is requesting funding to partially support the continuation of the existing <br /> program, and to increase marketing efforts to increase ridership and develop and <br /> promote new service to the Belmont Caltrain Station. <br /> <br />RIDERSHIP AND TAXI COST DATA <br />Ridership and taxi cost data for the first ten months of the program operation are <br />summarized below (excludes management and marketing costs). <br /> <br /> AM PM Total Month Total Month Cost per <br /> I Month Riders I Taxi Cost Riders Taxi Cost Riders Cost Ride <br /> 1. September2001 299 $ 1,695 270 $ 2~030 569 $ 3~725 $ 6.55 <br /> 2. October 419 $ 2,295 346 $ 2,555 765 $ 4,850 $ 6.34 <br /> 3. November 361 $ 1~905 283 $ 2~285 644 $ 4~190 $ 6.51 <br /> 4. December 245 $ 1,510 181 $ 1~645 426 $ 3,155 $ 7.41 <br /> 5. January 323 $ 1,860 236 $ 2,085 559 $ 3,945 .$ 7.06 <br /> 6. February 299 $ 1,705 247 $ 2,135 546 $ 3,840 $ 7.03 <br /> 7. Mamh 281 $ 1,595 26i $ 2,125 542 $ 3,720, $ 6.86 <br /> 8. Apdl 245 $ 1,660 264 $ 2,280 509 $ 3,940 $ 7.74 <br /> 9, May 269 $ 1,640 273 $ 2,350 542 $ 3~9901 $ 7.38 <br /> 10. June 162 $ 1,060 185 $ 1,720 347 $ 2,7801 $ 8.01 <br /> I10-MonthTotal I 2,903 I $ 16,925 I 2,546 I $ 21,210 5,449 $ 38,1351 <br /> I10-M°nthAverage I 290 I $ 1,693I 255 I $ 2,1211 545 IS 3,8~415 7,09[ <br /> <br />PROGRAM COSTS/BUDGET <br /> <br />The estimated program cost per year, at the current level of ridership and' <br />marketing is estimated as follows: <br /> <br /> Page 2 of 5 <br /> <br /> <br />