Fare Revenue 2018 Finance & Audit Committee 6/20/2019 2018 - PowerPoint PPT Presentation

Fare Revenue 2018 Finance & Audit Committee 6/20/2019

2018 Fare Revenue up $5.6M, 6.3% YoY Sound Transit Fare Revenue Sound Transit Fare Revenue by Payment Type $100 Non-ORCA Millions 16% $90 $80 $70 ORCA $60 Business $50 Passport ORCA E- $40 47% purse $30 23% $20 $10 $- ORCA Puget 2015 2016 2017 2018 Pass 14% ST Express Sounder Link Light Rail 2

Farebox Recovery • ST Express and Sounder above Policy target. • Link slightly below target, but affected by ramp-up for Northgate and East Link. • Forecasts show Link Farebox Recovery above the 40% target once Northgate opens. ST Express Farebox Recovery Sounder Farebox Recovery Link Farebox Recovery 40% 50% 40% 40% 30% 30% 30% 20% 20% 20% 10% 10% 10% 0% 0% 0% 2015 2016 2017 2018 2015 2016 2017 2018 2015 2016 2017 2018 Policy Minimum Farebox Recovery Policy Minimum Farebox Recovery Policy Minimum Farebox Recovery 3

ORCA LIFT Adoption Continues – Boardings up 7.3% YoY • Currently more than 58,000 active ORCA LIFT cards. • Over 8,000 unique low-income passengers per month rode Link. • LIFT enrollment locations expanded in Pierce and Snohomish counties. • ORCA cards preloaded with $10 as incentive to register for ORCA LIFT at DSHS offices in all three counties. 4

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