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8 The following chart depicts how revenue will be appropriated initially to the various transit <br /> providers—Chapel Hill Transit, Orange Public Transit, and Triangle Transit. <br /> 8,200 CHT <br /> 24% <br /> OPT <br /> 4,118 <br /> 12% 22,332 TT <br /> 64% <br /> Provider Hours % Share of <br /> Revenue <br /> CHT 22,332 64% <br /> OPT 4,118* 12% <br /> TTA 8,200 24% <br /> Total 34,650 100% <br /> Operating Cost for TT/CHT is$97 1hr; OPT cost is$58 1hr <br /> `The above chart uses a blended formula for operating costs.Since operating cost <br /> for OPT are currently$58/hr,the 4,118 hours will result in 6,887 hours at that <br /> $58/hr rate. <br /> ❖ See Appendix for more detailed information about specific bus routes and proposals <br /> 5/23/2012-Page 18 <br />