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ATTACHMENT 6
<br />E. OCBRIP Funding Calculations and Bus Service Hours for Orange County FY13 -14 THROUGH FY16 -17
<br />Apportionment
<br />FY 13 -14
<br />FY 14 -15
<br />FY 15 -16
<br />FY 16 -17
<br />Calculation
<br />Total Costs per OCBRIP
<br />$905,000
<br />$1,608,000
<br />$2,565,000
<br />$3,702,000
<br />Total Costs per OCBRIP as
<br />revised by TTA
<br />$850,000
<br />N/A
<br />N/A
<br />N/A
<br />Administrative Cost
<br />$75,000
<br />$75,000
<br />$75,000
<br />$75,000
<br />5% Reserve
<br />$38,750
<br />$76,650
<br />$128,250
<br />$185,100
<br />Post Admin and 5% Reserve
<br />Dollars Available for Bus
<br />$736,250
<br />$1,456,350
<br />$2,361,750
<br />$3,442,000
<br />Hours
<br />Total OPT Funded Bus Hours
<br />1,523
<br />2,981
<br />4,784
<br />6,887
<br />BRIP Estimated Cost /Hour
<br />$58
<br />$58.62
<br />$59.24
<br />$59.97
<br />OPT 12% Share
<br />$88,350
<br />$174,762
<br />$283,410
<br />$413,040
<br />Annual Uncommitted New
<br />$88,350
<br />$86,412
<br />$108,648
<br />$129,630
<br />Monies w/o residuals
<br />TTA 24% Share2
<br />$176,700
<br />$349,524
<br />$566,820
<br />$826,080
<br />CHT 64% Share
<br />$471,200
<br />$932,064
<br />$1,511,520
<br />$2,202,880
<br />Existing Services
<br />FY 13 -FY 14
<br />FY 14 -FY 15
<br />FY 15 -FY 16
<br />FY 16 -FY 17
<br />Calculation
<br />Total Revenue from
<br />$7 Tag Fee
<br />$591,000 75% r.
<br />$788,000
<br />$788,000
<br />$788,000
<br />Total Revenue from $3
<br />Vehicle Tag Fee
<br />N/A
<br />N/A
<br />N/A
<br />N/A
<br />OPT total annual bus hours 4
<br />25,000
<br />26,458
<br />28,261
<br />30,364
<br />OPT Share
<br />8%
<br />8%
<br />8%
<br />8%
<br />TTA Share
<br />N/A
<br />N/A
<br />N/A
<br />N/A
<br />CHT Share
<br />92%
<br />92%
<br />92%
<br />92%
<br />Maximum Existing Services
<br />$47,280
<br />$63,040
<br />$63,040
<br />$63,040
<br />Fund S5
<br />OPT New /Enhanced
<br />FY 13 -FY 14
<br />FY 14 -FY 15
<br />FY 15 -FY 16
<br />FY 16 -FY 17
<br />Services Calculation
<br />OPT 12% Share
<br />$88,350
<br />$174,762
<br />$283,410
<br />$413,040
<br />Less Maximum Existing
<br />Services Funds5
<br />$47,280
<br />$63,040
<br />$63,040
<br />$63,040
<br />Resulting Minimum
<br />New /Enhanced Services
<br />$41,070
<br />$111,722
<br />$220,370
<br />$350,000
<br />Fund S5
<br />'Total OPT Bus Hours estimated based on OCBRIP assumptions although many existing routes are or can be operated by OPT at a lower cost per hour.
<br />2OPT, TTA and CHT Shares estimated based on estimated post admin and 5% reserve dollars available for bus hours.
<br />3 $3 Vehicle Tag Fee has not yet been approved by the Legislature.
<br />4 FY 13 -14 total annual bus hours for OPT based on actual documentation. FY 13 -14 through FY 16 -17 annual bus hours estimated based on the
<br />incremental increase in newly funded bus hours
<br />5 FY 14 -15 through FY 16 -17 Services Funds based percentages for OPT FY 13 -14 Provider Shares percentage.
<br />NOTE: Under the federal transportation authorization (MAP -21), and depending on the location of selected routes relative to the Durham - Chapel Hill -
<br />Carrboro Urbanized Area (LIZA), OPT is likely eligible for funding of at least 50 percent of the capital /operating /maintenance costs of its operations via
<br />federal or state sources.
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