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5 <br />b. Apportionment of County Vehicle Tag Fee Monies for Existing <br />Service <br />Apportionment of funds for existing services will be as follows: <br />Orange County Population Distribution (Census 2010) <br />Table 2 <br />Areas <br />Population <br />Percenta a <br />Hours <br />Dollars <br />Chapel Hill <br />54,397 <br />40.66% <br />Carrboro <br />19,582 <br />14.64% <br />Chapel Hill - Carrboro <br />Subtotal <br />73,979 <br />55.29% <br />3,317 <br />$321,749 <br />Unincorporated <br />Orange Coun <br />51,942 <br />38.82% <br />Hillsborough <br />6,087 <br />Mebane <br />1,793 <br />1.34% <br />Rural /Central <br />Orange Area <br />Subtotal <br />59,882 <br />44.71% <br />-2`682 <br />$260,212 <br />Orange County <br />." <br />Total Po ulation <br />133,801 <br />100% <br />1. The Parties acknowledge that 75 6 percent of vehicle tax revenues will <br />be used to support existing service This percentage is equivalent to <br />approximately 6000 hours arts /or $582,UU0 (@ $97 /hour). The <br />remaining vehicle tag revenueequates to approximately 1938 hours <br />and /or $187,986 which wil} be, used for new and expanded service. <br />The BOCC may distribute its share of monies to other transit providers <br />as t',determines by resolution. If more than 6,000 hours or 75.6% is <br />used, then . monies for new and expanded service will be reduced. The <br />monies ($260,212) noted to fund approximately 2,682 hours are <br />calculated at $97 /hour operating cost, which is the rate used for the <br />vast majority of the providers (CHT and TTA) in the bus service plan, <br />`however OPT operated at approximately $58 /hour in FY2011/12. For <br />those existing services provided by OPT or future contractual provider, <br />the allocation of monies will be based on the effective hourly <br />operations rate of that provider. Monies saved from the difference in <br />$97 /hour vs $58 /hour (FY2011 -12) will be employed in the <br />Rural /Central Orange Area or the associated regional connectivity of <br />the above area as decided by the BOCC by resolution. <br />NOTE: <br />A full description of each fixed bus route summary is required to establish <br />baseline existing services. Description should include, but not be limited <br />to, service provider, service type, route name and description, map and <br />days and hours of service. Associated services and capital (i.e. bus stops, <br />etc.) should be included as well as funding sources. New and expanded <br />Page 5 of 10 <br />