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HomeMy WebLinkAboutM- 5 Change in Buss Pass Subsidy 111111 . AZUSA AGENDA ITEM MEMORANDUM TO: Honorable Mayor &Members of the City Council FROM: Peter MacKay, Transportation Manager VIA: Paymaneh Maghsoudi, Director, Library &Community Services Rick Cole, City Manager, . DATE: November 14, 2000 SUBJECT: Change in Bus Pass Subsidy Recommendation I recommend reducing the Foothill Transit bus pass subsidy as follows: "A" Senior/Disabled from $4.00 to $3.00 "B" Student (K-12) from $7.00 to $5.25 "C" College from $8.50 to $6.50 "D" Local Lines from $18.50 to $14.00 and initiating a $20 subsidy for Express passes 3, 4, and 5. Background In 1993 the City of Azusa Council approved a subsidy program that made the "A", "B" and "C" passes available to city residents at fifty percent of their face value. In 1996 the same fifty percent subsidy was approved for the Local Lines "D" pass. The subsidy is offered on a first come, first served basis until the monthly appropriation is used up. For several years the monthly cap was never reached. However, during the last year demand started exceeding our available funds and we are now running out of money sooner and sooner each month. The reduced subsidy would enable the City to subsidize the average number of passes that have been sold per month for the last 14 months, and make it possible to initiate a $20 subsidy for the express passes as well. Fiscal Impact There would be no fiscal impact. The total monthly subsidy would remain the same, but would be spread over a broader base. Report Prepared By Peter MacKay, Transportation Manager 40,,e),(}6( ///z0/00 PM:jmh /� / 00T12 jx /' /[� ----