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Water Emergency Transportation AuthoritySan Francisco Bay Area

Draft Short Range Transit PlanJanuary 2016

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What is an Short Range Transit Plan?

Strategic Plan

Updated every 10-20 years

Mission/Vision & Board Policies

Used to assess unexpected

opportunities

Short Range Transit PlanUpdated every

2-3 years

Financially constrained

Budget & WorkplanUpdated every

yearUsed for day-to-day

management

Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016

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Current Short Range Transit Plan

• Adopted by WETA Board in January 2013.

• Major themes - declining ridership and rising costs.

• 10-year Operating Plan – total cost $326.6 million.

• New expansion services to Berkeley, Richmond, and Treasure Island.

• 10-year Capital Improvement Program – Total cost $422.1 million.

Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016

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Updated Draft SRTP

Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016

• System Overview and Performance Evaluation for FY 2012 – FY 2015

• 10-year Capital Improvement Program at total cost of $515.5 million.

• 10-year Operating Plan for FY 2016 – FY 2025 at total cost of $500.0 million.

• Schedule:Public

Comment(January 2016)

Prepare Final Draft(February

2016)

WETA Board(March 2016)

Submit to MTC(March 2016)

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System Performance

Key Metrics FY 2012-13 FY 2014-15Total Annual Passengers 1,564,000 2,144,000Total Cost $23.8 million $26.5 millionPassengers per Hour 107 140Subsidy per Passenger $8.51 $5.89 Farebox Recovery 44.1% 52.5%Peak Occupancy 49.7% 58.3%

• 300,000 new trips on Alameda/Oakland• 58% farebox recovery ratio on Vallejo• 173 passengers per hour on Harbor Bay• 161% ridership increase on South San Francisco

Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016

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Capital Improvement Program (CIP)

$515,476,600

Revenue Vessels - $329 Million• Rehabilitation, replacement, and

expansion of WETA Fleet• Fleet of 18 vessels by FY 2024-25

Service Expansion - $93 Million• Richmond Ferry Terminal• Downtown San Francisco Ferry

Terminal Expansion

Major Facilities - $17 Million• Rehabilitation and replacement of

terminal and berthing facilities

Maintenance Facilities - $75 Million• Central Bay O&M Facility• North Bay O&M Facility

Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016

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Capital Improvement Program (CIP)

$515,476,600

Federal Revenues - $224 Million• FTA Section 5307/5337/5309• Passenger Ferry Grant Program

(FTA)

State Revenues - $220 Million• Proposition 1B• State Transportation Assistance

(STA)

Local Revenues - $71 Million• Bridge Tolls - Regional Measure 1

and Regional Measure 2• Local Sales Tax - San Francisco Prop

K and Alameda Measure B/BB

Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016

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10-Year Operating Plan

• Total cost $500.0 million, $34.2 million in FY 2015-16, $59.7 million in FY 2024-25.

• Maintain existing services, anticipate cost inflation

• Limited service enhancement – additional peak-period departures for Alameda/Oakland and Vallejo in FY 2015-16

• New expansion services – Richmond (FY 2018-19) and Treasure Island (FY 2021-22)

Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016

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FY2015/16 FY2016/17 FY2017/18 FY2018/19 FY2019/20 FY2020/21 FY2021/22 FY2022/23 FY2023/24 FY2024/25 $-

$10,000,000

$20,000,000

$30,000,000

$40,000,000

$50,000,000

$60,000,000

$70,000,000

Regional Measure 2 Other Local/State Fare Revenues Measure J

10-Year Operating Plan

Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016

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FY2015/16 FY2016/17 FY2017/18 FY2018/19 FY2019/20 FY2020/21 FY2021/22 FY2022/23 FY2023/24 FY2024/25 $-

$10,000,000

$20,000,000

$30,000,000

$40,000,000

$50,000,000

$60,000,000

$70,000,000

Regional Measure 2 Other Local/State Fare Revenues Measure J

3%6%

10-Year Operating Plan

Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016

12-13%

Annual Ridership Growth Assumptions

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Reserve Funding

FY2015/16 FY2016/17 FY2017/18 FY2018/19 FY2019/20 FY2020/21 FY2021/22 FY2022/23 FY2023/24 FY2024/25 $-

$2,000,000

$4,000,000

$6,000,000

$8,000,000

$10,000,000

$12,000,000

$14,000,000

$16,000,000

$18,000,000

Unrestricted Reserve Operating Reserve Capital Reserve

Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016