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Agenda 06-02-2026; 8-j - Approval of an Updated Increased Cost of Existing Service Policy for Transit
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Agenda 06-02-2026; 8-j - Approval of an Updated Increased Cost of Existing Service Policy for Transit
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5/28/2026 5:16:40 PM
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5/28/2026 5:17:56 PM
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BOCC
Date
6/2/2026
Meeting Type
Business
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Agenda
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8-j
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Agenda for June 2, 2026 BOCC Meeting
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\Board of County Commissioners\BOCC Agendas\2020's\2026\Agenda - 06-02-2026 Business Meeting
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4 <br /> An equitable formula is to be used by the Tax District Administrator in determining annual allocations of <br /> available funds from the projects County Vehicle Registration Tax for each fiscal year to all operators <br /> providing services within Orange County(Chapel Hill Transit, Orange Public Transit& GoTriangle). <br /> Variables include: <br /> • Total Revenue Service Hours for Fixed Route Bus Services, per provider, at the end of <br /> FY2013 <br /> • Total Expenditures for Fixed Route Bus Services, per provider, at the end of FY2013 <br /> • Average annual historical cost escalation rate, per provider, from FY2013 to current <br /> fiscal year <br />
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