FY2024 Proposed Budget

General Transit Information The Transit Division is a self-supporting enterprise fund that provides fixed-route and paratransit bus services as well as operating the Court Street Transportation Center. The division is committed to providing safe, courteous, and quality transportation to the citizens and visitors of Iowa City as well as the City of University Heights. Iowa City Transit Data Collected by the Iowa City Transportation Services Department

FY 2017 FY 2018 * FY 2019 * FY 2020 * FY 2021 * FY 2022*

Ridership

1,554,549

1,498,468

1,486,351

1,149,620

525,416

851,383

Total Operating Expense

$4,949,243 $5,413,686 $5,563,357 $5,796,283 $5,619,675 $6,290,985

Fare Revenue

$1,216,109 $1,180,297 $1,172,298

$953,281 634,526

$637,606 688,207

$919,434 678,907

Revenue Vehicle Miles Revenue Vehicle Hours

712,806 54,658

704,184 53,953

702,568 53,937

51,710

54,869 $10.70

50,932

Cost per Ride

$3.18 $6.94

$3.61 $7.69

$3.74 $7.92

$5.04 $9.13

$7.39 $9.27

Cost per Rev Vehicle Mile Cost per Rev Vehicle Hour Farebox/Expense Ratio Operating Deficit per trip Riders per Rev Vehicle Mile Riders per Rev Vehicle Hour Average Fare

$8.17

$90.55

$100.34

$103.15

$112.09

$105.42

$123.52

0.25

0.22

0.21

0.16

0.11

0.15

$0.78 $2.40

$0.79 $2.83

$0.79 $2.95

$0.83 $4.21

$1.21 $9.48

$1.08 $6.31

2.18

2.13

2.12

1.81

0.76

1.25

28.4

27.77

27.56

22.23

9.58

16.72

Passenger Miles Fleet Vehicles

3,311,189

3,236,690

3,210,518

2,483,179

1,129,644

1,830,473

27

27

27

27

27

27

Base Fare

$1.00 13.62

$1.00 14.25

$1.00

$1.00

$1.00

$1.00

Fleet Average Age Fuel Consumption

7.59

8.59

9.44

8.66

194,402

196,942

189,081

177,699

172,720

170,151

Days Operated

306

307

305

309

305

308

Court St Trans Center Total Revenue Total Ops Expense

- - -

$1,256,055 $1,285,686 $1,101,006

$762,482 $182,508 $579,974

$971,011 $229,879

$137,530

$182,030

$143,813 $957,193

Net Income $741,427 *FY18 – FY22 Data reflects a separation of the Court Street Transportation Center from Transit Fleet Operations $1,118,525 $1,103,656

712