Financial Planning in Transit: Use of Commercially Available Microcomputer Software
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1983-11-01
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Abstract:This report addresses the potential of using commercially available microcomputer software for transit financial planning activities. Discussions with transit operators identified the need for inexpensive, easy to use software for ridership and fare revenue analysis, expense estimation, non-fare revenue forecasting and cash management. Specific requirements for data input, manipulation and output were developed based on three prototypical problems in each functional area. Two electronic worksheet programs and three financial modeling packages were considered as representative of the type of products available. The representative products were examined, using the defined information processing requirements, to determine how they could be applied to solve typical transit financial planning problems. This review was conducted through actual use of the products or a review of their user manuals. It was concluded that, despite some limitations, these products could meet most of the processing requirements and would provide significant assistance to transit operators throughout the financial planning process. An appendix is provided which summarizes the functions, source, approximate price, hardware configuration requirements and program limits of each product.
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