Transit Subsidy Per Passenger
Update
Transportation Committee – July 11, 2016
Transit Subsidy Per Passenger
Update
Subsidy per Passenger =
(
Total cost of service –
fare revenue collected
Total rides
Two datasets today, based on latest available
information:
• 2014 Peer Region Analysis
• 2013 Twin Cities Route Analysis
2
)
Factors that can Affect Subsidy
per Passenger
• Ridership trends and all the factors
•
•
•
•
affecting it (demographics, gas prices, etc.)
Fare prices
Cost of service and inflation
Amount of service
Mix of service types
3
Peer Region Subsidy per
Passenger Analysis
•
Peer Regions
– Denver, Portland, St. Louis, Pittsburgh, Houston, Baltimore, Cleveland,
Milwaukee, Dallas, Seattle, San Diego, Phoenix
– Similar sized regions in population and transit service, similar
demographic and travel profiles
•
Includes all public transit modes and services
– Metro Transit/Met Council, MVTA, SouthWest, Maple Grove, Plymouth,
Shakopee, Prior Lake, University of Minnesota
•
2013 and 2014 Twin Cities costs adjusted to
remove non-revenue start-up costs for Green
Line LRT and Red Line BRT
4
Peer Region Subsidy per
Passenger (2014)
$-
$1.00
$2.00
$3.00
$4.00
$5.00
San Diego
Milwaukee
Portland
Phoenix
Denver
Twin Cities
Seattle
Peer Average
St. Louis
Cleveland
Pittsburgh
Houston
Baltimore
Dallas
5
$6.00
Peer Region Subsidy per Passenger
(2010-2014)
$4.00
$3.61 $3.71
$3.50
$3.68
$3.65
$3.67
$3.55
$3.29
$3.09
$3.00
$3.00
$2.96
$2.50
$2.00
$1.50
$1.00
$0.50
$2014
2013
Twin Cities
2012
2011
2010
Peer Average
6
Peer Region Light Rail Subsidy per
Passenger (2010-2014)
$3.00
$2.49
$2.50
$2.46
$2.24
$2.29
$2.23
$2.05
$2.00
$1.80
$1.67
$1.48
$1.50
$1.47
$1.00
$0.50
$-
2014
2013
Twin Cities
2012
2011
2010
Peer Average
7
Light Rail Subsidy per
Passenger Updated
2015 Estimated Blue Line
2015 Estimated Green Line
2015 Estimated LRT Average
$1.86
$1.49
$1.67
8
Peer Region Light Rail Subsidy per
Passenger (2010-2014)
$3.00
$2.49
$2.50
$2.46
$2.24
$2.29
$2.23
$2.05
$2.00
$1.80
$1.67
$1.67
$1.48
$1.50
$1.00
$1.47
?
$0.50
$-
2015
2014
2013
Twin Cities
2012
2011
Peer Average
9
2010
2013 Route Analysis
2013 Route Analysis Subsidy per
Passenger
• Includes all services except University of
•
Minnesota (thus, data will not be exactly
the same as peer region comparison)
Red Line opened in June 2013
11
Subsidy by Service Type, 2013
$30.00
$23.88
$25.00
$20.00
$18.52
$14.15
$15.00
$10.83
$10.00
$5.00
$4.81
$1.80
$2.72
$3.55
$3.30
$-
12
Regional
Average:
$3.41
Regular Route Subsidy by
Provider, 2013
$7.00
$5.93
$6.00
$5.58
$5.89
$4.74
$5.00
$4.00
$3.00
$5.58
$3.37
Regional
Average:
$2.91
$2.74
$2.26
$2.00
$1.00
$-
13
Questions?
Cole Hiniker, Planning Analyst
Metropolitan Transportation Services
651-602-1748