Track Record 27, April to June 2006 - Public Transport Victoria

Track RecordVictoria’s Public Transport ServicesPayments by the State to the regional rail operator (V/Line Passenger) – including payments for coach services directlycontracted by V/Line – are summarised in total in Table 9. Farebox revenue is retained by V/Line and is included under‘Payment type’ to provide an overall indication of the cost of the services. State contract payments represent the netpayments required for V/Line Passenger to run the services.From the March quarter 2005, a new payment commenced for V/Line (rolling stock). This payment is for the new V/Locitytrains being delivered from the start of 2005 as part of the Regional Fast Rail project.As a result of service disruptions associated with Regional Fast Rail and works at Southern Cross Station, OPR incentivepayments for V/Line Passenger presently apply only to cancellations and short-run services. This arrangement has appliedfrom 1 July 2005 and will continue until the end of the current high level of disruptions resulting from these projects.Unplanned delays will not be penalised during this period, as it is difficult to distinguish State project impacts from normaloperational issues.Under this revised incentive arrangement, V/Line Passenger paid a penalty to the State of $0.54 million for below-targetperformance over the June quarter 2006.Table 9. Payment for Regional Rail and Coach Services ($,000)Apr.–Jun. Jul.–Sept. Oct.–Dec. Jan.–Mar. Apr.–Jun. 2005 – 2006Payment type 2005 2005 2005 2006 2006 TotalBase contract 39,336 41,075 38,375 41,159 41,416 162,025Farebox 10,646 11,523 11,801 13,256 13,849 50,429Rolling Stock 2,040 2,774 3,378 5,970 7,265 19,387Incentive and penalty 21 -515 -121 -347 -539 -1,522Capital projects 2,438 1,729 802 989 1,903 5,423Other 736 -319 -107 - - -426TOTAL 55,217 56,267 54,128 61,027 63,894 235,316Payments to metropolitan and regional bus operators and school bus operators are presented in Table 10. Farebox revenuecollected on these services is returned to the State and is therefore not included in this table.Table 10. Payment for Metropolitan and Regional Bus Services ($,000)Apr.–Jun. Jul.–Sept. Oct.–Dec. Jan.–Mar. Apr.–Jun. 2005 – 2006Payment type 2005 2005 2005 2006 2006 TotalMetropolitan Bus 70,876 73,976 74,080 74,531 79,725 302,312Regional Bus 15,890 15,989 16,508 16,546 17,633 66,676School Bus 39,498 40,982 40,838 27,404 41,522 150,746TOTAL 126,264 130,947 131,426 118,481 138,880 519,73416