Current 1 2 3 4
5 veh, 7 days, 70 hrs
$5.00 fare, 1 wrap
4 veh, 4 days, 40 hrs
$5.00 fare, 1 wrap, $100k
Prop A
3 veh, 4 days, 40 hrs
$5.00 fare, 5 wrap, $100k
Prop A
3 veh, 3 days, 30 hrs,
$5.00 fare, 5 wrap
$100K Prop A
Days/Hours
M-F 11AM-9PM
Sat 11AM-10PM
Sun 12PM-8PM
Th 12PM-9PM
Fri-Sat 11AM-10PM
Sun 12PM-9PM
Th 12AM-9PM
Fri-Sat 11AM-10PM
Sun 12PM-9PM
Fri 12PM-10PM
Sat 11AM-10PM
Sun 12PM-9PM
VEHICLES 543 3
NEV 2 3 2 2
Sedans 2
ADA eVans 1 1 1 1
SERVICE TERM (MONTHS) 6 7 7 7 SEVEN MONTHS
Weekly Service Hours 70 40 40 30
Monthly Service Hours 491 281 281 211
Cost/hour/car $35.60 $40.53 $41.19 $48.49
Operating Cost per Month $87,216 $45,522 $34,693 $30,634 TERM OPERATING COST $537,976 $318,654 $242,851 $214,438
MONTHLY ADJUSTMENTS
Fare Cost -$5.00 -$5.00 -$5.00 -$5.00
Ave. Monthly Ridership 2,750 2,500 2,250 2,000
Monthly Fare Revenue (70%) -$7,219 -$6,563 -$5,906 -$5,250 Monthly Ad Revenue -$1, 000 -$1,000 -$1,000 -$1,000
TERM ADJUSTMENTS
Stakeholder Contributions
Corporate Sponsors
City Branding Vehicle Wraps $14,680
City Provided EV Charging -$3,596
NET COST TO CITY (PER MO) $83,291 $37,960 $27,787 $24,384 NET COST TO CITY (TERM) $499,748 $265,717 $194,507 $170,688 Per Passenger Subsidized Cost $35.23 $20.83 $18.04 $17.94 Description
WAVE RIDER MICROTRANSIT SERVICE OPTIONS