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SR-6-M (26) 6-M TD:JFH:SG:jwfsrtpsr.hpword.trans council Meeting: March 23, 1993 Mr:!"t, ... "" ~.-.>. "I; Santa Monica, califot~llk ~.j !JJ: TO: Mayor and city Council FROM: city Staff SUBJECT: Authorize the City Manager to File a Short Range Transit Plan and Applications for Funds Introduction This report requests that the City council authorize the City Manager to file a Short Range Transit Plan (SRTP) to permit the Santa Monica Municipal Bus Lines to remain eligible for federal and state transit funds. In addition, this report requests that the City Council authorize the City Manager to file applications for funds based on the SRTP. Background In accordance with the requirements of the Los Angeles County Metropolitan Transportation Authority (MTA), the Southern California Association of Governments (SCAG) and the Federal Transit Administration (FTA), every three years the city must file a 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 proj ects and presents a four-year financial plan for the Santa Monica Municipal Bus Lines. 6-M r- ~ l' ~ "'-, . ~ ! ,; .Mi; '.! r, f.... V ~~~~ -( .~"i....- - 1 - While the primary purpose of the SRTP is to provide budget information and justification to the MTA for its use in making funding allocations for FY 1993-94, the plan does provide projections for the four-year period FY 1994-1997, based on the information currently available. In addition to annual operating and financial documentation, this year's SRTP contains a summary of a line-by-line patronage analysis conducted in FY 1991-92 by ATE Management and Service Company. Information from this study has been used to analyze system performance and passenger opinions of the service provided. It should be noted that 98% of the survey respondents found Santa Monica's Big Blue Buses to be adequate or better, with 84% of those rating the service as "goodll or livery good." Federal regulations also require that the Municipal Bus Lines study existing transit service to determine if it might better be supplied by the private sector. This analysis, which must be conducted triennially, is included in the SRTP document. Based on an eight-factor analysis, including the Bus Lines' competitive operating costs and its positive public support, it was determined that no current opportunities exist for turning service over to private bus operators. Financial Analysis The Municipal Bus Lines' financial plan utilizes funding projections based on its share of MTA's projected county-wide formula allocation of transit funds for fiscal years 1993-94 through 1996-97. For FY 1993-94, the formula allocation funds to - 2 - be used by the Transportation Department for operations are projected at $10.3 million. In addition, local operating revenues (fares, charter, advertising, interest, lease and Proposition A Local Return revenues) are estimated at $8.1 million. Projected capital expenditures in the amount of $5.1 million are fully funded from subsidy sources. Financial projections for FY 1993-94 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 1993-94 will be addressed again next year in an update to the SRTP and in future city budgets. Recommendation city staff recommends that the City Council: 1) Authorize the City Manager to file the Short Range Transit Plan for FY 1994-1997 with the Los Angeles County Metropolitan Transportation Authority and the Southern California Association of Governments. 2) Authorize the City Manager to file applications for transit subsidy funds made available by the Los Angeles County Metropolitan Transportation Authority. Prepared by: J. F. Hutchison, Director of Transportation S. Griffin, Senior Administrative Analyst - 3 -