AG 2015 12 14 - Laserfiche WebLink

Home Browse Search

Coborrus County Transportation Services (CCTS) Finol Report - September 2015 MEETING WITH NCDOT PTD STAFF TO REVIEW BUDGET TOOL B. Atkins met with PTD staff to review the draft financial plan and budget tool developed for final CTSP. This meeting was conducted in Raleigh on July 20, 2015. The presentation demonstrated the interactive capability of the financial plan. Some minor adjustments /clean -up was completed before submission to CCTS for their review. Notes on potential areas of discussion were placed in the sidebar. A webinar presentation of the Budget Tool was given to Cabarrus County on July 29, 2015. Comments regarding each tab of the As. spreadsheet • Overview tab - Fuel prices are based on North Carolina Metro Areas Fuel Prices I AAA's Daily Fuel Gauge Report 2/29/15 (copy in file). Some issues with the 2020 cells not populating. Service hours were calculate in some cases using an average travel speed of 15 mph for urban trips and 25 mph for longer trips, i.e. out -of- county trips. • Revenue tab - the majority of the inputs come directly from the 'III. Approved Funding (NCDOT only)' sections of the recent grant applications. A column was added for Capital again to gain a larger picture of the full revenue stream. Particularly because the Capital tab that follows had no place to add the funding sources. • Expend g -code tab - all admin, operations and capital expenses were loaded into the admin tab to help show a global picture of expenses. These can be easily be separated if the intent is to isolate the splits and eligibility of certain funding stream. • Vehicle Replacement tab - CCTS has expressed an interest in retaining the current fleet level. It is already apparent that the system is overcapitalized. Therefore all of the initiatives suggested in the five year plan are designed to add service without purchasing expansion vehicles. What is shown in the vehicle expense sheet is merely a replacement schedule for the existing fleet. • 1. Out of County tab - because this strategy is actually a cost savings measure it appears awkward in the format provided. The table used to summarize the 'Service implementation schedule and potential funding', which is used to describe the budget outputs, seems to allow a better understanding of the Out -of- County Medical Coordination savings. The Budget Tool and the Service Implementation Schedule work hand -in -hand. The PM used the Service Implementation Schedule for most of the Budget Tool inputs - then the budget tool outputs led the PM to reconsider some of the base numbers and numbers were passed from the Budget tool back to a revised Service Implementation Schedule. (See attached 'Service implementation schedule and potential funding'). Assumptions are imbedded in each of these two documents and can be consolidated if necessary. • 2. Feeder thru 5 Locations tab - this was the remnants of a larger attempt to fill some of the unnerved areas that have now become urbanized. As trips travel towards the urban destinations they will deviate past CK Rider Transit bus stops that are immediately adjacent to current high volume locations that CCTS already frequent. This is an attempt to make the CCTS bus more appealing to the general public rider who can use a short leg of CCTS ridership to connect to CK Rider Transit, and provides a waiting location for any return trips that may be passing by. This 'unscheduled' trip is a new concept for CCTS and may open up some new markets (e.g. get the passengers per mile stats up) with only a small delay for those on- board. CK Rider Transit is in full cooperation of this strategy and has agreed to board passengers who transfer at no cost if they receive a transfer from CCTS, in Attachment number 1 \n F -3 Page 206