Proposed* Fare Adjustment - Public Meeting
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Transcript of Proposed* Fare Adjustment - Public Meeting
Public Meetings
Proposed Fare Adjustments
Oct. 16, 2014Oct. 21, 2014Oct. 23, 2014Oct. 29. 2014
Housekeeping Items
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The purpose of this meeting is to provide information about proposed fare adjustments which would be effective Jan. 1, 2015, and take public comments
Silence all cell phones
Be considerate of meeting attendees and COTA staff
When it is your turn to make a comment or ask a question about COTA’s fare policies and proposed adjustments, remain at your seat and we will call upon you
Comments and questions are limited to two minutes per person
Participants are encouraged to complete comment cards
Ask one question at a time so the appropriate COTA staff member may address your comment
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TaxpayersCOTA’s service area population
1.2 million
Customers70,000+ weekday trips
EmployeesApproximately 950
COTA Stakeholders
COTA
COTA Fare Policy
COTA has a duty to operate and manage taxpayer funds in a fiscally prudent and financially sound manner
As described in COTA’s Long Range Transit Plan, fares are evaluated every three years
COTA fares were last adjusted on January 1, 2012
Prior to recommending fare adjustments to the COTA Board of Trustees, COTA is conducting a public information and public comment process
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Fare Level Considerations
COTA considers a number of factors when evaluating fares:
Fare equity: Ensuring that transit users pay a fair and reasonable portion of the total cost of providing transit service (80 percent taxpayer subsidy/20 percent farebox recovery)
Maintaining affordability for customers Increasing costs associated with providing service and
maintaining service growth and improvements Comparable fares and farebox recovery rates in peer and
other Ohio transit agencies
Apply adjustments across entire fare structure
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Farebox Recovery Rates in Peer and Ohio Cities (2012)
Cincinnati 35.7% Milwaukee 29.3% Buffalo 26.0% Charlotte 23.4% Orlando 23.0% Cleveland 22.6% Columbus 21.5% Hartford 21.1% Providence 19.9% Toledo 18.4% Dayton 17.4% Louisville 15.9% Jacksonville 14.8% Austin 12.4%
Average w/o COTA 21.5%
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Local Bus Fares in Ohio Cities (2014)
Cleveland $2.25 (Free transfer)
Columbus $2.00 (Free transfer)
Cincinnati $1.75 ($2.65 outside city + $0.50 transfer)
Dayton $1.75 (+ $0.25 transfer)
Akron $1.25 (Free transfer)
Toledo $1.00 (Free transfer)
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Prudent Management of Resources
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COTA Local Bus Fare History
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Proposed COTA Fare Structure*
Current ProposedLocal $2.00 $2.25Express $2.75 $3.00Transfer Free FreeCBUS™ Free $0.5031-day Pass
Local $62.00 $69.00Express $85.00 $90.00Discount $31.00 $34.50CBUS N/A $15.00 7-day $25.00 $28.00 Local Day Pass $4.50 $5.00 Senior, Child, Key $1.00 $1.10 Mainstream:
Regular Fare $3.50 $4.00 Monthly Pass $105.00 $110.00 Non-ADA Service $5.00 $6.00 Will Call $4.00 $5.00 ADA fixed-route $1.00 Free
*Would be effective 1/1/2015 if approved10
Fare Adjustment Activities
Hold public meetings on fare structure
Accept and consider public input through Nov. 7
Present public input to COTA Board of Trustees on Oct. 22, 2014
COTA Board action on recommendations on Nov. 19, 2014
If approved, adjusted fares would go into effect on January 1, 2015
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Fare Adjustment Public Involvement
How to offer comments:
At public meetings Comment cards Call (614) 228-1776 cota.com Facebook: COTABus Twitter: @COTABus Write to us at:
Central Ohio Transit AuthorityAttention: Fare Adjustment Public Comments33 N. High St.Columbus, OH 43215
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COTA Fare Adjustments
Questions and Comments
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