Table 2
PROPOSAL COST COMPARISON
RTW Management Ventura Transit System (VTS) Cost
Difference
Initial
4-Year
Term
City
Estimated
Annual
Revenue
Hours
Proposed
Variable
Revenue
Hourly Rate
Estimated
Annual Fixed
Cost
Estimated
Annual Cost
Proposed
Variable
Revenue
Hourly Rate
Estimated
Annual Fixed
Costs
Estimated
Annual Cost
1 21,000 $44.79 $1,465,596 $2,406,186 $40.00 $1,218,000 $2,058,000 $348,186 2 21,215 $44.79 $1,458,396 $2,408,616 $42.00 $1,278,900 $2,169,930 $238,686 3 21,430 $45.48 $1,470,600 $2,445,236 $44.10 $1,342,845 $2,287,908 $157,328 4 21,650 $50.17 $1,584,000 $2,670,181 $46.31 $1,409,987 $2,412,599 $257,582 Total $9,930,219 $8,928,437 $1,001,782