The Fare Study Objective: Simplify RTD’s fare policy in an equitable and cost-effective manner to better serve the needs of the District and its customers moving forward Goals: 1. Simplicity (ease of use) 2. Acceptability/Marketability (implementable) 3. Affordability/Equity (cost of service and relationship between modes and services) 1 Farebox Revenue by Payment Type Sales & Use Tax 60% Other Income 2% Non-Profit Agency Reduced Fare Passes 2% 10-Ride Tickets 11% College Pass 12% Cash 34% Farebox Revenue 22% EcoPass 18% Grants 16% Monthly Passes 23% 2 RTD Fare History 1999 – 2014 Local, Express and Regional $5.00 $5.00 $5.00 $5.00 $4.00 $4.00 $4.00 $4.00 $5.00 $4.50 $4.50 $4.00 $3.75 $3.75 $3.75 $3.75 $4.00 $3.50 $3.50 $3.00 $3.00 $3.50 $3.50 $3.00 $3.00 Regional $2.75 $2.75 $2.75 $2.75 $3.00 Express $2.50 $2.50 Local anytime $2.25 $2.00 $2.00 $2.00 $2.25 $2.25 $2.25 $2.00 $2.00 $2.00 Local Peak Local Off-Peak $1.75 $1.50 $1.50 $1.25 $1.25 $1.25 $1.00 $1.10 $1.15 $1.25 $1.25 $0.75 $0.75 $0.75 $- 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 3 Current Fares BUS Local/Limited Express Regional SkyRide RAIL 1 or 2 Zones 3 Zones All Zones n/a PRICE $2.25 $4.00 $5.00 $9/$11/$13 Route HX Boulder US 36 & McCaslin Denver Boulder Local Express Regional US 36 & McCaslin Express -- Regional Denver Regional Regional -- Fare Table for the HX Regional Route. Fare tables are currently used on all Regional and SkyRide routes. Current Light Rail Fare Zone map 4 Staff Recommendation Pay per Boarding with a 2x Day Pass: • Fare Simplification – Make Day Passes available on the bus; continue selling Day Passes from Ticket Vending Machines at rail stations – Reduce price of the Day Pass to 2x the cash fare and eliminate transfers – Eliminate Rail zones – Eliminate Distance Based Fares on Bus Routes; price based on Service Type (Local, Express, Regional) 5 Staff Recommendation Pay per Boarding with a 2x Day Pass: • Fare levels that meet the RTD 2016 revenue target: – Local/Rail: $2.60 single boarding, $5.20 Day Pass – Express Bus: $4.50 single boarding, $9 Day Pass – Regional Bus: $5.50 single boarding, $11 Day Pass – Airport (Bus or Rail): $10 single boarding (or Regional Pass accepted for Airport trips) 6 Staff Recommendation Details • Local, Express, and Regional monthly passes priced at 40 boardings • 25¢ discount on single boardings when paying with stored value (smart card) • Federally mandated half-fare discount required for seniors 65+, Medicare recipients and persons with disabilities during the off-peak period – Continue to extend discount to all time periods and to students ages 6-19 – Staff recommendation extends the discount to the day pass – Continue to apply the half fare discount to monthly passes • Continue to price Access-a-Ride fares at twice the comparable fixed route fare 7 Staff Recommendation Summary Rail Structure Summary Rail DIA Single Boarding $2.60 $10 Day Pass $5.20 $11.00 Monthly Pass $104 $220 Bus Structure Summary Local/Limited Express Regional DIA Single Boarding $2.60 $4.50 $5.50 $10 Day Pass $5.20 $9.00 $11.00 $11.00 Monthly Pass $104 $180 $220 $220 • Simplification – – – – No Rail Zones No Distance Based Fares on Bus Routes No Transfers Day Pass available on the bus 8