ANNUAL REPORT 2008/09 - BC Transit

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Performance ReportThis performance report highlights the results achieved byBC Transit in the fiscal year ending March 31, 2009. The firstsection presents the corporate goals, objectives and targetsinitially set for the corporation in the 2008/09 – 2010/11Service Plan along with a statement assessing performanceagainst target.The next section provides the summary corporate levelfinancial and performance results with comparative figuresfor prior years and the original service plan targets from the2008/09 – 2010/11 Service Plan. Significant results includingvariances from target are discussed in the ManagementDiscussion and Analysis section.To provide further comparative results, Appendix 3 presentsstandard transit industry performance results for BC Transitcompared to peer transit systems in the rest of Canada forthe latest reporting period available.“Service was increased by 10 percent in over 20 communities. Thiswas achieved by expanded serviceproviding more frequency forcommuters, students and seniors.”12BC TRANSIT 2008/09 ANNUAL REPORT
Goals, Targets and ResultsGOAL 1Support the Province’s climate action objectives by increasing transit share of the passengertransportation market and achieving carbon neutral status for BC Transit operationsOBJECTIVE 1:Establish a GHG emissions measurement and reporting system for BC Transit’s operations and meetcarbon neutral status by 2010.Target: Measurement, reporting, verifying process in place in 2008/09.Result:Conducted greenhouse gas inventory monitoring and introducedSMARTTooL 1 reporting system.Target: Carbon neutral status through emissions reductions and offsets by Year 3 (2010).Result:Submitted its first Carbon Neutral Action Report to Ministry of Transportationand Infrastructure.OBJECTIVE 2: Increase transit share of the regional travel markets in Victoria and the major regionalcentres in B.C.Target: Increase service quality and capacity – 10 per cent average increase per annum.Result:Service was increased by 10 per cent in over 20 communities. This was achievedby expanded service providing more frequency for commuters, studentsand seniors. Total ridership increased by 6.5 per cent over 2008/2009. Major regionalcentres increased by 6.5 per cent; Victoria by six per cent.Target: Increase travel mode share as reflected by increased rides per capita inconventional transit service markets – eight per cent average per annum.Result:Ridership increased by over six per cent – faster than population growth indicating thattransit’s mode share of travel has increased.1 Web-based tool to estimate and track Government’s greenhouse gas emissions from its operations.13BC TRANSIT 2008/09 ANNUAL REPORT
Page 1 and 2: BC TransitANNUAL REPORT 2008/091BC
Page 3 and 4: His HonourThe Honourable Steven L.
Page 5: Message from the Chairto the Minist
Page 8 and 9: Organizational OverviewBC Transit i
Page 10 and 11: THE YEAR’SACCOMPLISHMENTS6BC TRAN
Page 12 and 13: BC Transit introduced new programs
Page 15: PERFORMANCEREPORT11BC TRANSIT 2008/
Page 19 and 20: Result:Canadian Consumer Price Inde
Page 21 and 22: Progress Against Shareholder’s Le
Page 23 and 24: Performance SummaryNon-GAAP Financi
Page 25 and 26: Management Discussion and AnalysisD
Page 27 and 28: GOVERNMENT FUNDINGContribution from
Page 29 and 30: Further, the challenge in recruitin
Page 31 and 32: BC Transit - Owned and Leased Facil
Page 33 and 34: Capital ExpendituresActual 2008/09
Page 35 and 36: government entities were considered
Page 37 and 38: REPORT OF MANAGEMENTYear ended Marc
Page 39 and 40: BRITISH COLUMBIA TRANSITBalance She
Page 41 and 42: BRITISH COLUMBIA TRANSITStatement o
Page 43 and 44: BRITISH COLUMBIA TRANSITNotes to Fi
Page 59 and 60: APPENDICES
Page 61 and 62: Appendix A2 - Performance SummaryMu
Page 63 and 64: Victoria BC(2007/08)CUTA Population
Page 65 and 66: Paratransit - Serves small town and
Page 67:
Appendix A6 -Map of BC Transit Syst
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ANNUAL REPORT 2008/09 - BC Transit

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