Budget Item Year 1 Year 2 Year 3 Year 4 TOTAL
Vehicle
Hours/Vehicle/Week 69 69 69 69
Actual/Max Hours on
Road 87% 87% 87% 87%
Cost/Vehicle Hour
$93.87 $100.02 $107.20 $114.17
Price increase YOY
7% 7% 7%
Total # of Vehicles
10 12 12 16
Fixed Costs (includes
Clipper Card Integration
in Year 1) $300,000 $41,300 $35,000 $80,100 $456,400
TOTAL Project Cost $3,244,928 $3,806,378 $4,070,272 $5,809,705 $16,931,283 Cost Share
TIRCP $1,622,464 $1,903,189 $2,035,136 $2,904,211 $8,465,000 Cupertino $932,917 $1,094,334 $1,170,203 $1,260,876 $4,458,330 Santa Clara $689,547 $808,855 $864,933 $1,644,618 $4,007,953 Attachment F
F - 4 Year TIRCP Revised Budget
Cupertino City Council
March 7, 2023
- Document
- F - 4 Year TIRCP Revised Budget
- Meeting
- March 7, 2023
- Body
- Cupertino City Council
- Original file
- 230 KB
Text extracted from the city's file for reading and search. Open the original on legistar.granicus.com. That file is the official record.