Ridership and Farebox Recovery Ratio - RTD

FareboxRecovery RatioRevenues:• Farebox Revenues (exclusive of ADA)Costs:• Operating and Administrative Costs• Depreciation (Non-Rapid Transit Development)• Excluding: ADA CostsRapid Transit PlanningInterest Payments on Rapid Transit Assets

Relationship of Ridership to FareboxRecovery Ratio• Ridership is one of several variables thatcan significantly impact the RTD FareboxRecovery Ratio• Ridership does not have a one-to-onerelationship to the Farebox Recovery Ratio

Farebox Revenue Variables• Fare Increase vs. Non Fare IncreaseYears• Mix of Product types may change withCorridor Opening• Free Mall Shuttle Service is part of RTDRidership Totals

Operating Expense Variables• Fuel prices• Labor Contract Increase• Health and Welfare Increases• Mandated ADA Service Increases• Cost of Special Projects – Mall Shuttle Rehab• Increase in Parts Costs• Security Cost Increases• Unusual Weather Patterns – Utilities• Technology Cost Increases

REGIONAL TRANSPORTATION DISTRICTFARE RECOVERY RATIO - RELATIONSHIP TO RIDERSHIP2003 2004 2005 2006Ridership (in millions) 78.9 83.0 86.4 87.1Percent Ridership Increase (Decrease) -3.00% 5.20% 4.10% 0.80%Farebox Revenue Net of ADAFarebox Revenues $ 50,459 $ 55,442 $ 57,638 $ 66,151Less: ADA Farebox Revenues $ (695) $ (907) $ (1,076) $ (1,367)Total Eligible Revenue $ 49,764 $ 54,535 $ 56,562 $ 64,784Percent Net Farebox Revenue Increase 1.18% 9.59% 3.72% 14.54%Fare Increase Year ? Yes Yes No YesTotal Eligible Expenditures $286,854 $289,993 $317,217 $334,380Percent Eligible Expenditures Increase (Decrease) 3.34% 1.09% 9.39% 5.41%Farebox Recovery Ratio 17.3% 18.8% 17.8% 19.4%Percent Farebox Recovery Ratio Increase (Decrease) -2.09% 8.40% -5.18% 8.66%Operating Recovery Ratio 18.8% 20.5% 19.2% 20.4%Percent Operating Recovery Ratio Increase (Decrease) 2.17% 9.04% -6.34% 6.25%

Cost Recovery Ratio(SB 154 of 1989)Revenues:• Farebox Revenues (exclusive of ADA)• Advertising Revenues• Federal Operating Grants• Federal Formula Bus Grants• Other Operating Revenues• Investment IncomeCosts:• Operating and Administrative Costs• Depreciation on (Non-Rapid Transit Development)• Excluding: ADA CostsRapid Transit PlanningInterest Payments on Rapid Transit Assets

Operating RevenueRecovery RatioRevenues:• Farebox Revenues (exclusive of ADA)• Advertising Revenues• Other Operating RevenuesCosts:• Operating and Administrative Costs• Depreciation (Non-Rapid Transit Development)• Excluding: ADA CostsRapid Transit PlanningInterest Payments on Rapid Transit Assets

Ridership and FareboxRecovery RatioRegional Transportation DistrictBoard of Directors Study SessionMarch 6, 2007