The Fare Study Objective Simplify RTDs fare policy
The Fare Study Objective: Simplify RTD’s fare policy in an equitable and cost-effective manner to better serve the needs of the District and its customers moving forward Goals: 1. Simplicity (ease of use) 2. Acceptability/Marketability (implementable) 3. Affordability/Equity (cost of service and relationship between modes and services) 1
Farebox Revenue by Payment Type Sales & Use Tax 60% Other Income 2% Non-Profit Agency Reduced Fare Passes 2% 10 -Ride Tickets 11% College Pass 12% Cash 34% Farebox Revenue 22% Eco. Pass 18% Grants 16% Monthly Passes 23% 2
RTD Fare History 1999 – 2014 Local, Express and Regional $ 5. 00 $ 4. 00 $ 5. 00 $ 4. 50 $ 4. 00 $ 3. 75 $ 4. 00 $ 3. 50 $ 3. 00 Regional $ 2. 75 $ 3. 00 Express $ 2. 50 Local anytime $ 2. 25 $ 2. 00 $ 2. 00 Local Peak Local Off-Peak $ 1. 75 $ 1. 50 $ 1. 25 $ 1. 10 $ 1. 15 $ 1. 25 $ 1. 00 $ 0. 75 $1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 3
Current Fares BUS Local/Limited Express Regional Sky. Ride RAIL 1 or 2 Zones 3 Zones All Zones n/a PRICE $2. 25 $4. 00 $5. 00 $9/$11/$13 Route HX Boulder US 36 & Mc. Caslin Denver Boulder Local Express Regional US 36 & Mc. Caslin Express -- Regional Denver Regional -- Fare Table for the HX Regional Route. Fare tables are currently used on all Regional and Sky. Ride routes. Current Light Rail Fare Zone map 4
Staff Recommendation Pay per Boarding with a 2 x Day Pass: • Fare Simplification – Make Day Passes available on the bus; continue selling Day Passes from Ticket Vending Machines at rail stations – Reduce price of the Day Pass to 2 x the cash fare and eliminate transfers – Eliminate Rail zones – Eliminate Distance Based Fares on Bus Routes; price based on Service Type (Local, Express, Regional) 5
Staff Recommendation Pay per Boarding with a 2 x Day Pass: • Fare levels that meet the RTD 2016 revenue target: – Local/Rail: $2. 60 single boarding, $5. 20 Day Pass – Express Bus: $4. 50 single boarding, $9 Day Pass – Regional Bus: $5. 50 single boarding, $11 Day Pass – Airport (Bus or Rail): $10 single boarding (or Regional Pass accepted for Airport trips) 6
Staff Recommendation Details • Local, Express, and Regional monthly passes priced at 40 boardings • 25¢ discount on single boardings when paying with stored value (smart card) • Federally mandated half-fare discount required for seniors 65+, Medicare recipients and persons with disabilities during the off-peak period – Continue to extend discount to all time periods and to students ages 6 -19 – Staff recommendation extends the discount to the day pass – Continue to apply the half fare discount to monthly passes • Continue to price Access-a-Ride fares at twice the comparable fixed route fare 7
Staff Recommendation Summary Rail Structure Summary Rail DIA Single Boarding $2. 60 $10 Day Pass $5. 20 $11. 00 Monthly Pass $104 $220 Bus Structure Summary Local/Limited Express Regional DIA Single Boarding $2. 60 $4. 50 $5. 50 $10 Day Pass $5. 20 $9. 00 $11. 00 Monthly Pass $104 $180 $220 • Simplification – – No Rail Zones No Distance Based Fares on Bus Routes No Transfers Day Pass available on the bus 8
- Slides: 8