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70 <br /> Chapter 4:Planned Services <br /> revised estimated line item budget developed in Chapter 2, which includes a number of cost <br /> categories as line items in the transit budget that were previously considered indirect costs not <br /> charged directly to the transit program.As described in Chapter 2, the appropriate estimated <br /> incremental operating cost per hour is estimated to be $44.28, slightly less than the $48.24 <br /> operating cost per service hour used by the County in its Orange Public Transportation Five- <br /> Year Financial Plan. The revised operating budget in Chapter 2 includes a number of costs <br /> previously treated as non-budgeted indirects and the costs of transit planning staff, but with <br /> the fixed administrative costs subtracted from the total operating budget.As these proposed <br /> services are all to be implemented during FY 2016, a 3.1 percent annual rate of increase has been <br /> applied to bring the costs up to the current year, so the $44.28 is increased to $47.73 per hour. <br /> Future years are based on the same projected inflation rate. This inflation adjustment is the <br /> same as that used in the Orange Public Transportation Five-Year Financial Plan. <br /> KFH <br /> NCDOT Orange County 54 <br /> Transit Assessment Study <br />