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Report ID: 18-199d   
Type: Regular - Finance & Audit
Meeting Body: Board of Directors - Regular Meeting
Meeting Date: 3/13/2019 Final action:
Recommended Action: Consider the adoption of Resolution 19-008 approving the local fare schedule for FY 2019-20 through FY 2023-24, approving the Title VI Equity Analysis determining that the fare adjustment would not cause disproportionately adverse effects on people of color and low-income populations, and directing staff to amend Board Policy 333 (Fare Policy: Fares, Fare Structures, and Fare Increases).
Attachments: 1. STAFF REPORT, 2. Att.1 Reso 19-008 Approving Fare Structure, 3. Att.2. Reso 19-008 Exhibit A Proposed Local Fares, 4. Att.3 Reso 19-008 Exhibit B TitleVI Eval., 5. Att.4 Scheduled Fare Changes - Budgetary Impact, 6. Att.5 Summary of Outreach and Public Comments
Date Action ByActionResultAction DetailsMeeting DetailsAudio
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TO: AC Transit Board of Directors
FROM: Michael A. Hursh, General Manager
SUBJECT: Multi Year Proposed Fare Changes

ACTION ITEM

RECOMMENDED ACTION(S):

Title
Consider the adoption of Resolution 19-008 approving the local fare schedule for FY 2019-20 through FY 2023-24, approving the Title VI Equity Analysis determining that the fare adjustment would not cause disproportionately adverse effects on people of color and low-income populations, and directing staff to amend Board Policy 333 (Fare Policy: Fares, Fare Structures, and Fare Increases).

Body
BUDGETARY/FISCAL IMPACT:

The budgetary and fiscal impacts of the proposed fare changes and fare structure modifications are discussed under Background/Rationale. Total estimated weighted annualized increase in projected farebox revenue will be approximately 5% over the next five (5) years (see Attachment 3).
BACKGROUND/RATIONALE:

On December 12, 2018, the Board of Directors set public hearings on potential changes to AC Transit's fare structure.
Public hearings were held on February 13, 2019 at 2:00 p.m. and 5:00 p.m. at AC Transit General Offices. Staff also solicited public comments on the proposed fare changes at a series of public outreach meetings held from January 28 to January 30, 2019 throughout the AC Transit service area.
The proposed local fare changes have the following attributes:
* The proposed fare increase rate is based on an inflation index for the Bay Area cities, which is the urban Consumer Price Index (U-CPI), using historical U-CPI data and conservative staff projections for the next five years.
* Adult Single Local Fare increases would be in increments of 25 cents every other year through FY24.
* In order to bring the current Adult cash fare of $2.35 to a level which supports 25 cent increments, the first increase would be 15 cents, bringing the fare to $2.50 next fiscal year on July 1, 2019.
* Clipper incentives will be 25 cents for Adult single fare.
* A mobile ticketing applica...

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