Commuter Transit Service: A Financial Performance Analysis
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1987-01-01
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Edition:Final - September -1985 January 1987
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Abstract:This report details an analysis of first quarter FY86 operating cost and revenue for the Metropolitan Transit Authority (METRO) of Harris County (Houston, Texas). The METRO nine factor cost allocation model is used to allocate cost to individual routes, by schedules, and by weekday~ peak and off-peak time periods. Revenues are allocated to individual routes based on ridership and route specific average fares. Cost recovery ratios (farebox revenue divided by cost) are calculated for each route for both operating cost and total cost (depreciation cost included). Net cost per revenue passenger (deficit divided by revenue passengers) is determined for each service mode (local, express, park-and-ride). The financial performance of park-and-ride routes operating in transitways (HOV lanes) is compared to similar routes not using transitways. The financial performance of park-and-ride routes operated by private sector contractors is compared to the performance of similar routes operated by METRO.
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Main Document Checksum:urn:sha-512:a16fc5faab032cb571c5a229153eb3a0eb51f169b27abfdb0ae971ff0656a96ce068626fee3e5ccbc1d212c14165437fcbc440c9b376c53b7c614d07ec4bb62d
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