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Coborrus County Transportation Services Final Report - September 2015 <br />not equipped to accept cash on the vehicles. According to COTS, there has not been a fare <br />increase in at least ten years. <br />Contracting agencies are billed based on the cost per passenger trip, the fee charged is <br />based on the prior year's annual cost per trip as stated in Op Stats reports collected by <br />ITRE for NCDOT. Based on CCTS's FY 2014 Op Stats, the total cost per passenger trip <br />was $17.13. Medicaid trips are billed per mile and the current rate is $2.92 per mile. Due <br />to Section 5311 funding reductions for CCTS (as a result of additional urbanized area <br />designations) a rate increase for contracting agencies may need to be considered. <br />There may be some efficiency to be gained by creating a fare rate by zone or charging per <br />mile. According to a report by the Transit Cooperative Research Program (TCRP Report <br />10, Fare Policies, Structures, and Technologies, 1996), it has been widely argued that the <br />higher operating costs associated with serving longer trips should be reflected in the fare <br />charged. Distance -based or zonal pricing would help to capture more of the true cost of <br />trips. However, these fare structures are more complicated to implement than a flat fare <br />structure, and may be difficult to market to the public and local government. Fare <br />structure is an issue that was discussed further at the Steering Committee meetings during <br />development of the CTSP. <br />3.3 EXPENDITURES <br />CCTS's overall level of expenses and revenue has remained similar over the last few years, <br />as shown in Table 3, on the next page. The amount spent on each expense category <br />remained consistent from FY 2012 to FY 2014. While total revenue has essentially <br />remained unchanged in the FY 2012 -2014 timeframe, in some cases the allocations received <br />from various sources have changed substantially. For example, in FY 2014 there were <br />notable decreases in federal JARC funds, federal 5310 funds, and state CTP funds, but a <br />corresponding increase in local assistance. <br />Attachment number 1 \n <br />F -3 Page 104 <br />