Agenda 05-20-25; 8-h - FY25 Quarter 4 Annual Work Program Amendments for Transit and Approval of Budget Amendment #9-B

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10 REQUEST# FY 2025 FY START DATE Orange Transit Work Plan Jul 2024 24GOTTP21 Low Income Fare Project Amendment Request Form Pass Operating and/or Capital Type of Amendment Minor U1 Major [ Minor Amendments: a.An amendment that requires a transfer between budget ordinance appropriations but requires less than a 20%change to a project appropriation for projects equal to or less than$250,000; b.Changes to any adopted financial assumptions supporting the applicable Work Program that does not have a significant impact on the overall revenue or expenditure forecast,which is defined to be no more than a one percent(1%)over the life of the plan; c.Changes in reporting requirements for performance on implementation elements authorized in the applicable Work Program; d.Changes in funding amounts less than$250,000 for implementation elements programmed in future fiscal years; e.Any other change that does not meet any of the criteria of a Minor Amendment is a Major Amendment. Major Amendments are required when: a.A project requested to be added to the Work Plan b.A project requested to be removed from the Work Plan c.Changes to any adopted financial assumptions supporting the applicable Work Program that does have a significant impact on the overall revenue or expenditure forecast,which is defined to be over one percent(1%)over the life of the plan; d.Changes in scope for implementation elements programmed in current and future fiscal years; e.Any amendment that requires a transfer of funds between capital or operating funding categories f.Any change that requires a change in budgeted reserves or fund balance. These definitions are based on the Orange County Transit Work Plan Amendment Policy Update,which gives more clarity to the definitions without changing their meaning. New/Amended Project Name Requesting Agency Project Contact nge Transit Estimated Operating C 25GOT0014 Low Income Fare Austin Stanion astanion@gotriangle.org Base Year Pass GoTriangle FY 2025 $ 14,000 Cumulative Estimated Start Date Estimated Completion Notes ange Transit Estimated Capital Co In Progress Base Year Cumulative I 24GOTTP21 Project Description/Scope Enter below a summary of the project amendment and impact on approved plan. In Spring of 2023,GoTriangle's board of trustees directed staff to return to fare collection in July 2024 and launch a new low-income fare program.The low- income program was later branded the Transit Assistance Program,or TAP. Based on research of other low-income programs across the county,GoTriangle and GoRaleigh collaborated on the development of the TAP program with the goal of reducing barriers to access for low-income riders,and reducing staff resources needed for administration of the program.The Transit Assistance Program was launched in July 2024 coinciding with GoTriangle's return to fares. The TAP program was received enthusiastically by riders;over 12,000 individuals have benefited from the program on GoTriangle or GoRaleigh since July 2024.The TAP benefit accounts for about 40%of GoTriangle's ridership.This level of adoption is in line with 2023 rider survey data which found that 51%of GoTriangle riders reported their income at or below$35,000. Due to the robust adoption of the TAP program,GoTriangle is seeking increased funding for the program in all three counties based on TAP ridership across each county.To accommodate this need for support,GoTriangle is proposing to transfer$9,000 from Youth GoPass and$15,000 from Fare Collection Technology($24,000 Total)to the TAP program in FY 25 in Orange. Beyond these transfers GoTriangle anticipates requiring an additional$14,000to cover the TAP program in Orange County forthe remainder of FY25.This estimate is based on actual program use data from Q1 and Q2. FY25 Durham Transit Work Program Page I of 3 Request Form