SR-1000-007 (11)
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council Meeting:
/ [r;{I -- (J{ 7 Santa Monica,
February 28, 1989
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TO: Mayor and City Council
FROM: city Staff
SUBJECT: Authorize the city Manager to File Updates to the Short
Range Transit Plan and Applications for Funds
Introduction
This report requests that the City Council authorize the City
Manager to file updates to the Short Range Transit Plan (SRTP) in
order for the Santa Monica Municipal Bus Lines to remain eligible
for federal and state transit funds.
In addition, this report
requests that city council authorize the City Manager to file
applications for funds based on the SRTP.
Background
In accordance with requirements of the Los Angeles County
Transportation Commission
(LACTC) ,
the Southern California
Association of Governments (SCAG) and the Federal Urban Mass
Transportation Administration (UMTA), the City must keep on file
with these agencies an updated Short Range Transit Plan (SRTP),
in order to remain eligible for Federal and state funding
assistance.
The SRTP examines existing services, serves as
justification for future projects and presents a three-year
financial plan for the Santa Monica Municipal Bus Lines.
A complete SRTP for fiscal years 1988-1990 was adopted by the
Ci ty Council on February 24, 1987.
This year, and last, the
agencies involved required updates of financial and operating
information only.
A complete Plan will again be required in
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1990.
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Council Meeting: February 28, 1989
Santa Monica, California
Financial Analysis
A three-year financial forecast is contained in the SRTP updated
information.
Financial proj ections to be submitted for fiscal
year 1989-1990 will serve as the basis for preparation of the
Transportation Department budget, which will be considered by the
city Council during the City budget process. Fiscal years beyond
1989-1990 will again be addressed in next year's full SRTP, and
in future city budgets.
The Municipal Bus Lines' financial plan proj ects the use of
transit subsidy funds based on its formula share of LACTC's
projected county-wide allocation of transit funds for fiscal
years 1989-90 through 1991-92.
For FY 1989-90, the formula
allocation funds to be received by the Transportation Department
for operating purposes are projected at $8.5 million. In
addition, operating revenues generated by the Bus Lines (fares,
charter, advertising, interest and lease revenues) are estimated
to remain relatively stable at $7.6 million. Projected capital
expenditures in the amount of $3.0 million are fully funded from
subsidy sources, including $2.2 million reserved in prior years
for the purchase of buses.
Based on the funding projections, the existing fare structure can
be maintained through FY 1989-90.
In FY 1990-91, however, it
appears that a fare increase will be necessary in order to meet
LACTC requirements for passenger contributions.
The SRTP also projects the Municipal Bus Lines' capital program
for the next three years, including fleet replacement, facility
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Council Meeting: February 28, 1989
Santa Monica, California
improvement, equipment modernization and other capital needs. In
FY 1989-90, the Municipal Bus Lines will replace ten buses
purchased in 1973.
In addition, the plan also includes annual
contributions of $1 million to the Rail Reserve program approved
by the City Council on July 10, 1984.
Recommendation
city staff recommends that the City Council:
1) Authorize the city Manager to file the required updates to
the Short Range Transit Plan: and
2) Authorize the city Manager to file applications for funds
made available by the Transportation Development Act, the state
Transit Assistance Fund, and the Proposition A Program.
Prepared by: J. F. Hutchison, Director of Transportation
Stephanie Griffin, Senior Administrative Analyst