Title
Subject: Communication from the Transit and Parking System Manager requesting the review of public comments from the October 20, 2011 public hearing. (Resolution No. 11-2806)
Recommendation of the Transit and Parking Commission on 10-26-11: The Transit and Parking Commission go on record favoring the maintenance of Sunday service as the top priority for reinstating proposed BUS service cuts with a potential increase of the cash fare up to $2.00 and the monthly pass up to $66.00 as an alternative source of new funding if no other potential revenue sources can be identified.
Fiscal Note: The estimated new money required to not eliminate all Sunday service as proposed is $250,000. The estimated new revenue generated by a 33% fare increase is estimated to be $220,000 after a projected decrease in ridership of 15% is considered. No additional City funding for BUS operations is anticipated.