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Agenda Item # 13

BOARD MEMORANDUM

For Information Only

Background: 

The FYTD 2007 Third Quarter Performance Report presents key performance information regarding the operation of the Valley Transportation Authority (VTA).  This report is routinely produced after each quarter and at the end of the fiscal year.  A detailed summary of the FYTD 2007 third quarter performance follows.

Discussion: 

Ridership

Bus ridership during the first nine months of FY 2007 totaled 23.5 million, a 1.5% increase compared to the previous fiscal year.  Average weekday ridership was 101,039, a 1.6% increase.  Bus routes that contributed to this increase were Line 22, Line 31 (McKee LRT Station to Evergreen College/The Villages), Los Gatos Community Bus Lines 48 and 49, and Rapid 522.

Light rail ridership recorded a 31.1% increase in total boardings through the third quarter of FY 2007.  Average weekday ridership was 32,728, a 32.9% increase.  Average weekday ridership for the Vasona line was 3,021.

System (bus and rail) ridership for FYTD 2007 increased 7.5%.  Average weekday ridership increased 7.8%, from 124,119 last fiscal year to 133,767 this fiscal year.

Operating Expense and Revenue (preliminary)

The total transit operating expense through the third quarter of FY 2007 increased 3.9% to $190.4 million.

The cost of labor through the third quarter of FY 2007 was up 1.2% compared to the same period last fiscal year.  Expenses for supplies and services, which constitute 22% of the total FYTD 2007 operating expenses, increased 14.8% from $36.5 million last year to $41.9 million this year.  Fuel and traction power costs increased $1 million and parts usage increased $3.4 million as a result of parts warranty expiration.  The $41.9 million expense for supplies and services was 0.6% below budget.

System total operating hours through the third quarter of FY 2007 were 1.7% more than in FY 2006.  Since the increase in operating expenses outpaced the increase in total system hours the net result was an increase in system cost per total hour of 2.2% from $164.78 to $168.33.

Fare revenue collected during the first nine months of FY 2007 was $26.4 million, up 3.5% compared to FY 2006.   The increase was primarily due to increased ridership.  The farebox recovery ratio during the first nine months of FY 2007 was 13.8%, slightly less than last year’s 13.9%. 

Key Performance Indicators

Unscheduled absenteeism for operator and maintenance personnel continue to meet adopted goals, with the exception of light rail maintenance personnel who recorded an absenteeism rate of 8.1%, slightly over the adopted goal of less than or equal to 8.0%.

Combined, bus and light rail recorded 158,518 miles between chargeable accidents, a decrease of 8.7% during the first nine months of FY 2007 when compared to FY 2006.  The daily service reliability performance (as measured by the percent of scheduled service operated) for the first nine months of FY 2007 was 99.47%, up 0.1% compared to the same period last year and exceeding the established goal of 99.30%.

Through the third quarter of FY 2007 bus and light rail miles between mechanical schedule losses decreased 1.2% compared to FY 2006.  The number of mechanical road calls for bus and light rail that resulted in a service loss increased by 2.8% over the same period last year.

For on-time performance, FYTD 2007 light rail on-time performance of 89.5% was 4.3% less than the 93.5% recorded in FY 2006.  Disruptions in service to support various construction activities contributed to this decline.  Bus on-time performance was 89.7% during the first nine months of FY 2007, down slightly from last year’s 90.3%.  Traffic congestion has increased as the economic conditions improve.

Paratransit

Through the first nine months of FY 2007, Paratransit ridership increased by 5.1% from 722,623 in FY 2006 to 759,250 in FY 2007.  VTA’s Eligibility Ride Program where applicants were provided free Paratransit service to and from their eligibility interview was discontinued effective July 1, 2006.  Eligibility determinations are now based on telephone interviews, personal information form review and professional reference consultations (as needed) instead of in-person interviews.

The net operating cost during the first nine months of FY 2007 was $18.9 million, up 2.3% compared to the same period last fiscal year.  This increase is due to increases in ridership and the cost of fuel, a 3% rate increase for Paratransit service providers, and costs associated with the relocation of the Paratransit vehicle facility in December 2006.  The vehicle facility relocation to VTA property is expected to produce efficiencies resulting in cost savings in fueling and facility leasing costs.

The net cost per Paratransit passenger trip through the third quarter of FY 2007 was $24.84, 2.6% less than the $25.50 net cost per trip recorded in FY 2006, exceeding the established goal.  This was achieved, in part, by providing 61% of all rides as shared trips and by maintaining the 2.3 passengers per revenue hour goal.

As of January 1, 2007, vehicle maintenance services and fuel are now purchased from the County of Santa Clara. These program changes resulted in savings of over $148,000 from January 2007 through March 2007 when compared to the same period last year.  The fuel purchase agreement allows for cost savings through excise tax exemptions.

Contracted and Inter-Agency Services

VTA is a partner in various services that expand the transportation options for our customers.  These relationships include commuter rail (ACE, Caltrain), inter-county express bus lines (Dumbarton Express, Highway 17 Express, and Monterey-San Jose Express), and rail feeder services (ACE shuttles and Light Rail shuttles).

In August 28, 2006, VTA partnered with Monterey-Salinas Transit (MST) to introduced the Monterey-San Jose Express.  The route originates in downtown Monterey and runs three round trips daily with transfers to and from Capitol Corridor trains that operate between San Jose-Oakland-Sacramento, Caltrain (including “Baby Bullet” express trips), and VTA’s bus and light rail services.  Monterey-San Jose Express is a pilot program funded by a federal Jobs Access Reverse Commute grant, the Capitol Corridor Joint Powers Authority and VTA.

Ridership through the third quarter of FY 2007 for these services compared to FY 2006 are as follows:

Caltrain ridership was 8,053,402, up 7.9%, an estimated 3.3 million of these were Santa Clara County boardings,ACE ridership was 511,334, up 10.1%. An estimated 215,000 of these were Santa Clara County boardings.            Dumbarton Express ridership was 172,723, up 11.4%. An estimated 78,000 of these were Santa Clara County boardings.Highway 17 Express ridership was 179,418, up 38.7%.There was no service in October 2005 due to labor strike. An estimated 91,000 of these were Santa Clara County boardings.ACE shuttle ridership was 142,659, up 4.8% (operates entirely in Santa Clara County).Light Rail shuttle ridership of contracted services was 210,532, down 47.5%.  The ridership number does not include Los Gatos Community Bus Lines 48 and 49 because these routes became directly-operated by VTA on July 3, 2006.

Note:  Monterey/San Jose Express ridership from January 2007 through March 2007 is not yet available.

Future Quarterly Transit Operations Performance Reports

The Operations Division acknowledges the recommendations contained in the VTA Organizational and Financial Assessment regarding performance measures reporting.  The Operations Division is currently evaluating these recommendations to determine structural changes that will improve the content and usefulness of future Transit Operations Performance Reports.

Valley Transportation Authority FYTD 2007 Third Quarter Transit Operations Performance Report

Santa Clara Valley Transportation Authority Key Performance Indicators

Fiscal year to date 2007 Third quarter Transit Operations Performance Report

Ridership goals were developed using budget projections.

Farebox Recovery Factors

Farebox recovery ratio: Fiscal year 2004 annual was 13.4% and fiscal year 2005 annual was 14.0%. Preliminary fiscal year 2006 annual is 14.0%. Fiscal year to date 2007 third quarter was 13.8%. Fiscal year to date 2007 goal is greater than or equal to 13.7%. The goal was met or exceeded.  This measure reflects direct transit-related operating costs based on the full-time-equivalent (FTE) cost allocation methodology, in conformance with the NTD (National Transit Database) reporting methodology.

Operating cost per total hour: Fiscal year 2004 annual was $156.47 and fiscal year 2005 annual was $158.79. Preliminary Fiscal year 2006 third quarter was $165.02. Fiscal year to date 2007 third quarter was $168.33. Fiscal year to date 2007 goal is less than or equal to $170.16 . The goal was met or exceeded. This Reflects direct transit-related operating costs based on the full-time-equivalent (FTE) cost allocation methodology, in conformance with the NTD (National Transit Database) reporting methodology.

Average fare per boarding: Fiscal year 2004 annual was $0.798 fiscal year 2005 was $0.865. Preliminary fiscal year 2006 annual is $0.875. Fiscal year to date 2007 third quarter was $0.846. Fiscal year to date 2007 goal is greater than or equal to$0.860 . The goal was not met.

Boardings per total hour: Fiscal year 2004 annual was 26.3 and fiscal year 2005 annual was 25.7.  Preliminary fiscal year 2006 annual is 26.4. Fiscal year to date 2007 third quarter was 27.6 fiscal year to date 2007 goal is greater than or equal to 27.1. The goal was met or exceeded.

End of farebox recovery factors

System Bus and Light Rail

Total boarding riders in millions: Fiscal year 2004 annual was 38.37 and fiscal year 2005 annual was 37.08. Preliminary fiscal year 2006 annual is 39.22. Fiscal year to date 2007 third quarter was 31.16. Fiscal year to date 2007 goal is greater than or equal to 30.62. The goal was met or exceeded.

Average weekday boarding riders: Fiscal year 2004 annual was 123,224 and fiscal year 2005 annual was 118,553. Preliminary fiscal year 2006 annual is 126,103. Fiscal year to date 2007 third quarter was 133,767. Fiscal year to date 2007 goal is greater than or equal to 131,900.  The goal was met or exceeded.

Percent of scheduled service operated: Fiscal year 2004 annual was 99.35% and fiscal year 2005 annual was 99.39%. Preliminary fiscal year 2006 annual is 99.38%. Fiscal year to date 2007 third quarter was 99.47% Fiscal year to date 2007 goal is greater than or equal to 99.30%. The goal was met or exceeded.

Miles between mechanical schedule loss: Fiscal year 2004 annual was 6,493 and fiscal year 2005 annual was 6,702. Preliminary fiscal year 2006 annual is 5,877. Fiscal year to date 2007 third quarter was 5,849. Fiscal year to date 2007 goal is greater than or equal to 6,475. The goal was not met.  Mechanical failure that prevents vehicle from completing a scheduled service due to limited vehicle movement or safety concerns.

Miles between chargeable accidents: Fiscal year 2004 annual was 272,247 and fiscal year 2005 annual was 215,416. Preliminary fiscal year 2006 annual is 185,848. Fiscal year to date 2007 third quarter was 158,518. Fiscal year to date 2007 goal is greater than or equal to 175,000. The goal was not met.

Passenger concerns per 100,000 boardings: Fiscal year 2004 annual was 8.09 and fiscal year 2005 annual was 8.72. Preliminary fiscal year 2006 annual is 10.20. Fiscal year to date 2007 third quarter was 10.30. Fiscal year to date 2007 goal is less than or equal to 7.90. The goal was not met.

End of system bus and light rail.

Bus Operations

Total boarding riders in millions: Fiscal year 2004 annual was 32.90 and fiscal year 2005 annual was 30.30. Preliminary fiscal year 2006 annual is 30.94. Fiscal year to date 2007 third quarter was 23.46. Fiscal year to date 2007 goal is greater than or equal to 23.11. The goal was met or exceeded.

Average weekday boarding riders: Fiscal year 2004 annual was 105,588 and fiscal year 2005 annual was 97,117. Preliminary fiscal year 2006 annual is 99,966. Fiscal year to date 2007 third quarter was 101,039. Fiscal year to date 2007 goal is greater than or equal to 99,400. The goal was met or exceeded.

Boardings per total hour: Fiscal year 2004 annual was 24.2 and fiscal year 2005 annual was 22.8. Preliminary fiscal year 2006 annual is 23.0. Fiscal year to date 2007 third quarter was 22.9. Fiscal year to date 2007 goal is greater than or equal to 22.6. The goal was met or exceeded.

Percent of scheduled service operated: Fiscal year 2004 annual was 99.30% and fiscal year 2005 annual was 99.34%.  Preliminary fiscal year 2006 annual is 99.33%. Fiscal year to date 2007 third quarter was 99.41%. Fiscal year to date 2007 goal is greater than or equal to 99.25%. The goal was met or exceeded.

Miles between mechanical schedule loss: Fiscal year 2004 annual was 6,192 and fiscal year 2005 annual was 6,260.  Preliminary fiscal year 2006 annual is 5,394. Fiscal year to date 2007 third quarter was 5,339. Fiscal year to date 2007 goal is greater than or equal to 6,000. The goal was not met.  Mechanical failure that prevents vehicle from completing a scheduled service due to limited vehicle movement or safety concerns.

Miles between chargeable accidents:  Fiscal year 2004 annual was 263,126 and fiscal year 2005 annual was 198,469. Preliminary fiscal year 2006 annual is 168,182. Fiscal year to date 2007 third quarter was 141,680. Fiscal year to date 2007 goal is greater than or equal to 160,000. The goal was not met.

On-time performance: Fiscal year 2004 annual was 96.6% and fiscal year 2005 annual was 94.0%. Preliminary fiscal year 2006 annual is 90.3%. Fiscal year to date 2007 third quarter was 89.7%. Fiscal year to date 2007 goal is greater than or equal to 95.0%. The goal was not met.

Operator personal time-off: Fiscal year 2004 annual was 10.8% and fiscal year 2005 annual was 8.3%. Preliminary fiscal year 2006 annual is 7.7%. Fiscal year to date 2007 third quarter was 7.3. Fiscal year to date 2007 goal is less than or equal to 10.0%. The goal was met or exceeded.

Maintenance personal time-off: Fiscal year 2004 annual was 11.8% and fiscal year 2005 annual was 9.4%. Preliminary fiscal year 2006 annual is 7.8%. Fiscal year to date 2007 third quarter was 7.8%. Fiscal year to date 2007 goal is less than or equal to 8.0%. The goal was met or exceeded.

Passenger concerns per 100,000 boardings: Fiscal year 2004 annual was 8.94 and fiscal year 2005 annual was 10.01. Preliminary fiscal year 2006 annual is 12.00. Fiscal year to date 2007 third quarter was 12.70. Fiscal year to date 2007 goal is less than or equal to 9.00. The goal was not met.

End of bus operations.

Light Rail Operations

Total boarding riders in millions: Fiscal year 2004 annual was 5.47 and fiscal year 2005 annual was 6.78. Preliminary Fiscal year 2006 second is 8.28. Fiscal year to date 2007 third quarter was 7.70. Fiscal year to date 2007 goal is greater than or equal to 7.51. The goal was met or exceeded.

Average weekday boarding riders: Fiscal year 2004 annual was 17,636 and fiscal year 2005 annual was 21,436. Preliminary fiscal year 2006 annual is 26,137. Fiscal year to date 2007 third quarter was 32,728. Fiscal year to date 2007 goal is greater than or equal to 32,500. The goal was met or exceeded.

Boardings per total hour: Fiscal year 2004 annual was 55.3 and fiscal year 2005 annual was 59.1. Preliminary fiscal year 2006 annual is 59.8. Fiscal year to date 2007 third quarter was 71.3. Fiscal year to date 2007 goal is greater than or equal to 69.0. The goal was met or exceeded.

Percent of scheduled service operated: Fiscal year 2004 annual was 99.94% and fiscal year 2005 annual was 99.93%. Preliminary fiscal year 2006 annual is 99.94%. Fiscal year to date 2007 third quarter was 99.95%. Fiscal year to date 2007 goal is greater than or equal to 99.90%. The goal was met or exceeded.

Miles between mechanical schedule loss: Fiscal year 2004 annual was 17,027 and fiscal year 2005 annual was 24,646. Preliminary fiscal year 2006 annual is 26,615. Fiscal year to date 2007 third quarter was 29,767. Fiscal year to date 2007 goal is greater than or equal to 40,000. The goal was not met. Mechanical failure that prevents the vehicle from completing a scheduled service due to limited vehicle movement or safety concerns.

Miles between chargeable accidents: Fiscal year 2004 annual was 488,109 and fiscal year 2005 annual was 1,774,543. Preliminary fiscal year 2006 annual is 2,129,189. Fiscal year to date 2007 third quarter was 1,666,948. Fiscal year to date 2007 goal is greater than or equal to 1,666,948. Goal is no more than one chargeable accident in a year. One recorded in FY '05 & ’06, three recorded in FY '04, and none recorded in FY '03.  The goal was met or exceeded.

On-time performance: Fiscal year 2004 annual was 95.6% and fiscal year 2005 annual was 96.7%. Preliminary fiscal year 2006 annual is 92.0%. Fiscal year to date 2007 third quarter was 89.5%. Fiscal year to date 2007 goal is greater than or equal to 95.0%. The goal was not met.

Operator personal time-off: Fiscal year 2004 annual was 9.2% and fiscal year 2005 annual was 7.5%. Preliminary fiscal year 2006 annual is 6.8%. Fiscal year to date 2007 third quarter was 7.2%. Fiscal year to date 2007 goal is less than or equal to 10.0%. The goal was met or exceeded.

Maintenance personal time-off: Fiscal year 2004 annual was 10.6% and fiscal year 2005 annual was 7.2%, Preliminary fiscal year 2006 annual is 7.2%. Fiscal year to date 2007 third quarter was 8.1%. Fiscal year to date 2007 goal is less than or equal to 8.0%. The goal was not met.

Way, Power and Signal personal time-off: Fiscal year 2004 annual was 5.8% and fiscal year 2005 annual was 6.4%, Preliminary fiscal year 2006 annual is 8.1%. Fiscal year to date 2007 third quarter was 5.6%. Fiscal year to date 2007 goal is less than or equal to 8.0%. The goal was met or exceeded.

Passenger concerns per 100,000 boardings: Fiscal year 2004 annual was 2.81 and fiscal year 2005 annual was 2.95. Preliminary fiscal year 2006 annual is 3.50. Fiscal year to date 2007 third quarter was 2.80. Fiscal year to date 2007 goal is less than or equal to 3.00. The goal was met or exceeded.

End of light rail operations.

Paratransit

Passengers per revenue hour: Fiscal year 2004 annual was 2.30 and fiscal year 2005 annual was 2.30. Preliminary fiscal year 2006 annual is 2.31. Fiscal year to date 2007 third quarter was 2.31. Fiscal year to date 2007 goal is greater than or equal to 2.30. The goal was met or exceeded.

Net cost per passenger: Fiscal year 2004 annual was $27.26 and fiscal year 2005 annual was $25.64. Preliminary fiscal year 2006 annual is $ 25.52. Fiscal year to date 2007 third quarter was $24.84. Fiscal year to date 2007 goal is less than or equal to $27.00. The goal was met or exceeded.

End of Paratransit.

End of table.

Valley Transportation Authority Accessible Services Operating Statistics: Paratransit

FYTD 2007 Third Quarter Transit Operations Performance Report

Ridership    

Client trips were 202,533 during the third quarter of fiscal year 2007, and 200,478 during the third quarter of fiscal year 2006, increasing 1.0%. Client trips were 604,710 for fiscal year-to-date at March 2007, and 580,540 for fiscal year-to-date at March 2006, increasing 4.2%.

Attendant trips were 51,814 during the third quarter of fiscal year 2007, and 45,602 during the third quarter of fiscal year 2006, increasing 13.6%. Attendant trips were 146,594 for fiscal year-to-date at March 2007, and 134,322 for fiscal year-to-date at March 2006, increasing 9.1%.

Companion trips were 2,649 during the third quarter of fiscal year 2007, and 2,152 during the third quarter of fiscal year 2006, increasing 23.1%. Companion trips were 7,946 for fiscal year-to-date at March 2007, and 7,761 for fiscal year-to-date at March 2006, increasing 2.4%.

Total trips were 256,996 during the third quarter of fiscal year 2007, and 248,232 during the third quarter of fiscal year 2006, increasing 3.5%. Total    trips were 759,250 for fiscal year-to-date at March 2007, and 722,623 for fiscal year-to-date at March 2006, increasing 5.1%.

Average Weekday Trips were 3,609 during the third quarter of fiscal year 2007, and 3,495 during the third quarter of fiscal year 2006, increasing 3.3%. Average Weekday Trips were 3,530 for fiscal year-to-date at March 2007, and 3,352 for fiscal year-to-date at March 2006, increasing 5.3%.

Average Weekday Client Trips were 2,888 during the third quarter of fiscal year 2007, and 2,846 during the third quarter of fiscal year 2006, increasing 1.5%. Average Weekday Client Trips were 2,852 for fiscal year-to-date at March 2007, and 2,727 for fiscal year-to-date at March 2006, increasing 4.6%.

Active Clients were 10,479 for fiscal year-to-date at March 2007, and 10,268 for fiscal year-to-date at March 2006, increasing 2.1%

Premium Services                

Same Day Trips were 1,815 during the third quarter of fiscal year 2007, and 2,088 during the third quarter of fiscal year 2006, decreasing 13.1%. Same Day Trips were 6,958 for fiscal year-to-date at March 2007, and 6,493 for fiscal year-to-date at March 2006, increasing 7.2%.

Second Vehicles were 169 during the third quarter of fiscal year 2007, and 334 during the third quarter of fiscal year 2006, decreasing 49.4%. Second Vehicles were 521 for fiscal year-to-date at March 2007, and 962 for fiscal year-to-date at March 2006, decreasing 45.8%.

Open Returns were 1,623 during the third quarter of fiscal year 2007, and 1,905 during the third quarter of fiscal year 2006, decreasing 14.8%. Open Returns were 5,018 for fiscal year-to-date at March 2007, and 5,463 for fiscal year-to-date at March 2006, decreasing 8.1%.

Service Area Surcharge Trips were 912 during the third quarter of fiscal year 2007, and 808 during the third quarter of fiscal year 2006, increasing 12.9%. Service Area Surcharge Trips were 2,903 for fiscal year-to-date at March 2007, and 2,149 for fiscal year-to-date at March 2006, increasing 35.1%.

Eligibility Interview/Appeal Trips were not provided during the third quarter of fiscal year 2007, and 2,084 during the third quarter of fiscal year 2006. Eligibility Interview/Appeal Trips were not provided for fiscal year-to-date at March 2007, and 7,483 for fiscal year-to-date at March 2006.  

Effective July 2006, Personsal Data Cards are received prior to the completion of eligibility assessments.                

Subscription Trips were 72,743 during the third quarter of fiscal year 2007, and 87,747 during the third quarter of fiscal year 2006, decreasing 17.1%. Subscription Trips were 237,093 for fiscal year-to-date at March 2007, and 246,073 for fiscal year-to-date at March 2006, decreasing 3.6%.

Total   premium service trips were 77,262 during the third quarter of fiscal year 2007, and 94,966 during the third quarter of fiscal year 2006, decreasing 18.6%. Total   premium service trips were 252,493 for fiscal year-to-date at March 2007, and 268,623 for fiscal year-to-date at March 2006, decreasing 6.0%.               

Level of Service                

Revenue Miles were 1,535,128 during the third quarter of fiscal year 2007, and 1,547,622 during the third quarter of fiscal year 2006, decreasing 0.8%. Revenue Miles were 4,635,220 for fiscal year-to-date at March 2007, and 4,517,648 for fiscal year-to-date at March 2006, increasing 2.6%.

Revenue Hours were 110,771 during the third quarter of fiscal year 2007, and 107,419 during the third quarter of fiscal year 2006, increasing 3.1%. Revenue Hours were 329,064 for fiscal year-to-date at March 2007, and 312,701 for fiscal year-to-date at March 2006, increasing 5.2%.

Pay Miles were 1,417,260 during the third quarter of fiscal year 2007, and 1,384,373 during the third quarter of fiscal year 2006, increasing 2.4%. Pay Miles were 4,205,826 for fiscal year-to-date at March 2007, and 4,021,473 for fiscal year-to-date at March 2006, increasing 4.6%.

Passenger Miles (NTD) were 1,977,232 during the third quarter of fiscal year 2007, and 1,991,145 during the third quarter of fiscal year 2006, decreasing 0.7%. Passenger Miles (NTD) were 5,894,325 for fiscal year-to-date at March 2007, and 5,822,462 for fiscal year-to-date at March 2006, increasing 1.2%.               

Eligibility                

Total Data Cards Received were 2,404 during the third quarter of fiscal year 2007, and not collected during the third quarter of fiscal year 2006. Total Data Cards Received were 8,014 for fiscal year-to-date at March 2007, and not collected for fiscal year-to-date at March 2006. 

Effective July 2006, Personsal Data Cards are received prior to the completion of eligibility assessments.                 

New Applicants Certified were 800 during the third quarter of fiscal year 2007, and 1,141 during the third quarter of fiscal year 2006, decreasing 29.9%. New Applicants Certified were 2,910 for fiscal year-to-date at March 2007, and 3,753 for fiscal year-to-date at March 2006, decreasing 22.5%.

New Applicants Denied were 280 during the third quarter of fiscal year 2007, and 102 during the third quarter of fiscal year 2006, increasing 174.5%. New Applicants Denied were 867 for fiscal year-to-date at March 2007, and 257 for fiscal year-to-date at March 2006, increasing 237.4%.

Clients Recertified were 747 during the third quarter of fiscal year 2007, and 271 during the third quarter of fiscal year 2006, increasing 175.6%. Clients Recertified were 2,271 for fiscal year-to-date at March 2007, and 1,545 for fiscal year-to-date at March 2006, increasing 47.0%.

Clients Denied Recertification were 84 during the third quarter of fiscal year 2007, and 15 during the third quarter of fiscal year 2006, increasing 460.0%. Clients Denied Recertification were 209 for fiscal year-to-date at March 2007, and 50 for fiscal year-to-date at March 2006, increasing 318.0%.

Total Eligibility Assessments were 1,911 during the third quarter of fiscal year 2007, and 1,529 during the third quarter of fiscal year 2006, increasing 25.0%. Total Eligibility Assessments were 6,257 for fiscal year-to-date at March 2007, and 5,605    increasing 11.6%.               

Eligibility Program Costs                

Eligibility Certification Costs were $151,081 during the third quarter of fiscal year 2007, and $149,704 during the third quarter of fiscal year 2006, increasing 0.9%. Eligibility Certification Costs were $419,335 for fiscal year-to-date at March 2007, and $481,607 for fiscal year-to-date at March 2006, decreasing 12.9%.

Eligibility Denial Appeal Costs were $5,600 during the third quarter of fiscal year 2007, and $5,760 during the third quarter of fiscal year 2006, decreasing 2.8%. Eligibility Denial Appeal Costs were $12,200 for fiscal year-to-date at March 2007, and $14,560 for fiscal year-to-date at March 2006, decreasing 16.2%.

Eligibility/Appeal Trip Costs were $0 during the third quarter of fiscal year 2007, and $64,620 during the third quarter of fiscal year 2006, decreasing 100.0%.

Eligibility/Appeal Trip Costs were $0 for fiscal year-to-date at March 2007, and $222,261 for fiscal year-to-date at March 2006, decreasing 100.0%.

Total Eligibility Costs were $156,681 during the third quarter of fiscal year 2007, and $220,084 during the third quarter of fiscal year 2006, decreasing 28.8%. Total Eligibility Costs were $431,535 for fiscal year-to-date at March 2007, and $718,428 for fiscal year-to-date at March 2006, decreasing 39.9%.

Effective July 2006, Eligibility Program Costs are reported as a separate section of Broker's reported costs but are excluded from fare ratio and per trip cost calculations.   Eligibility/Appeal Trip costs are included with vendor costs and are part of the fare ratio.                

Expenses and Revenues                

Expenses                

Broker Costs were $1,212,484 during the third quarter of fiscal year 2007, and $1,007,870 during the third quarter of fiscal year 2006, increasing 20.3%. Broker Costs were $3,325,798 for fiscal year-to-date at March 2007, and $3,019,120 for fiscal year-to-date at March 2006, increasing 10.2%.

Vendor Costs were $5,607,202 during the third quarter of fiscal year 2007, and $5,955,788 during the third quarter of fiscal year 2006, decreasing 5.9%. Vendor Costs were $17,717,928 for fiscal year-to-date at March 2007, and $17,502,483 for fiscal year-to-date at March 2006, increasing 1.2%.

Total expenses were $6,819,686 during the third quarter of fiscal year 2007, and $6,963,658 during the third quarter of fiscal year 2006, decreasing 2.1%. Total expenses were $21,043,726 for fiscal year-to-date at March 2007, and $20,521,603 for fiscal year-to-date at March 2006, increasing 2.5%.              

Revenues                

Client Fare was $664,597 during the third quarter of fiscal year 2007, and $657,597 during the third quarter of fiscal year 2006, increasing 1.1%. Client Fare was $1,993,718 for fiscal year-to-date at March 2007, and $1,906,000 for fiscal year-to-date at March 2006, increasing 4.6%.

Other Fare was $55,666 during the third quarter of fiscal year 2007, and $58,365 during the third quarter of fiscal year 2006, decreasing 4.6%. Other Fare was $173,210 for fiscal year-to-date at March 2007, and $170,652 for fiscal year-to-date at March 2006, increasing 1.5%.

Non-VTA Broker Revenue was $4,323 during the third quarter of fiscal year 2007, and $4,386 during the third quarter of fiscal year 2006, decreasing 1.4%. Non-VTA Broker Revenue was $13,154 for fiscal year-to-date at March 2007, and $12,858 for fiscal year-to-date at March 2006, increasing 2.3%.

Total revenue was $724,585 during the third quarter of fiscal year 2007, and $720,348 during the third quarter of fiscal year 2006, increasing 0.6%. Total  revenue was $2,180,082 for fiscal year-to-date at March 2007, and $2,089,511 for fiscal year-to-date at March 2006, increasing 4.3%.

Net Expenses were $6,095,101 during the third quarter of fiscal year 2007, and $6,243,310 during the third quarter of fiscal year 2006, decreasing 2.4%. Net Expenses     were $18,863,644 for fiscal year-to-date at March 2007, and $18,432,092 for fiscal year-to-date at March 2006, increasing 2.3%.

Fare Recovery Rate was 10.56% during the third quarter of fiscal year 2007, and 10.28% during the third quarter of fiscal year 2006, increasing 2.7%. Fare Recovery Rate was 10.30% for fiscal year-to-date at March 2007, and 10.12% for fiscal year-to-date at March 2006, increasing 1.8%.

Capital Expenses were $1,515,189 during the third quarter of fiscal year 2007, and $7,233 during the third quarter of fiscal year 2006, increasing 20848.3%. Capital Expenses were $6,110,948 for fiscal year-to-date at March 2007, and $13,479 for fiscal year-to-date at March 2006, increasing 45236.8%.

VTA funded the purchase of 173 new paratransit vehicles costing $6,012,140 between August 2006 and January 2007.   The new paratransit vehicles were put into service in January 2007.                                                              

Total Expenses were $7,610,290 during the third quarter of fiscal year 2007, and $6,250,543 during the third quarter of fiscal year 2006, increasing 21.8%. Total Expenses    were $24,974,592 for fiscal year-to-date at March 2007, and $18,445,571 for fiscal year-to-date at March 2006, increasing 35.4%.               

Cost Per Passenger Trip (excludes capital expenses)                

Total Reported Costs were $26.54 during the third quarter of fiscal year 2007, and $28.05 during the third quarter of fiscal year 2006, decreasing 5.4%. Total Reported Costs were $27.72 for fiscal year-to-date at March 2007, and $28.40 for fiscal year-to-date at March 2006, decreasing 2.4%.

Fare Revenue was $2.80 during the third quarter of fiscal year 2007, and $2.88 during the third quarter of fiscal year 2006, decreasing 2.8%. Fare Revenue  was $2.85 for fiscal year-to-date at March 2007, and $2.87 for fiscal year-to-date at March 2006, decreasing 0.7%.

Non-fare revenue was $0.02 during the third quarter of fiscal year 2007, and $0.02 during the third quarter of fiscal year 2006, increasing 0.0%. Non-fare revenue was $0.02 for fiscal year-to-date at March 2007, and $0.02 for fiscal year-to-date at March 2006, increasing 0.0%.

Net Cost was $23.71 during the third quarter of fiscal year 2007, and $25.15 during the third quarter of fiscal year 2006, decreasing 5.7%. Net Cost    was $24.84 for fiscal year-to-date at March 2007, and $25.50 for fiscal year-to-date at March 2006, decreasing 2.6%.              

Performance                

Passengers per Revenue Hour were 2.320 during the third quarter of fiscal year 2007, and 2.311 during the third quarter of fiscal year 2006, increasing 0.4%. Passengers / Revenue Hour were 2.307 for fiscal year-to-date at March 2007, and 2.311 for fiscal year-to-date at March 2006, decreasing 0.2%.

Passenger Miles per Pay Mile were 1.395 during the third quarter of fiscal year 2007, and 1.438 during the third quarter of fiscal year 2006, decreasing 3.0%. Passenger Miles / Pay Mile were 1.401 for fiscal year-to-date at March 2007, and 1.448 for fiscal year-to-date at March 2006, decreasing 3.2%.

Pay Miles per Passenger Trip were 5.515 during the third quarter of fiscal year 2007, and 5.577 during the third quarter of fiscal year 2006, decreasing 1.1%. Pay Miles / Passenger Trip were 5.539 for fiscal year-to-date at March 2007, and 5.565 for fiscal year-to-date at March 2006, decreasing 0.5%.

Pay Miles per Revenue Mile were 92.32% during the third quarter of fiscal year 2007, and 89.45% during the third quarter of fiscal year 2006, increasing 3.2%. Pay Miles / Revenue Mile were 90.74% for fiscal year-to-date at March 2007, and 89.02% for fiscal year-to-date at March 2006, increasing 1.9%.

The Late Rate was 3.75% during the third quarter of fiscal year 2007, and 3.02% during the third quarter of fiscal year 2006, increasing 23.8%. The Late Rate was 3.60% for fiscal year-to-date at March 2007, and 1.93% for fiscal year-to-date at March 2006, increasing 86.9%.

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