Five Year Plan (FY1 7/1 8 to FY21 /22) - Oct 201 6 - 1
Age Agenda nda • Schedule • System / T echnology Enhancements • Five Y ear Obligations • Stakeholder Feedback – Funding Strategies • Funding Strategies • Feedback Opportunities 2
Sch chedule edule Sept – Oct 2016 Nov 2016 – Feb 2016 • 9/ 21 ACT Meeting • Develop communications strategy • 10/ 5 Executive Sponsor Meeting • Plan rollout • Draft Recommendations M ar 2017 • Campus Outreach / Feedback on • Board of Trustees approval funding strategies Nov 2016 • Confirmation of funding strategies • 11/ 16 ACT Meeting • 11/ 16 Transportation Fair 3
S S ys ystem tem / / T echnology echnology Enhanceme Enhancement nts s LED TransLoc Bike Share P ARCS Campus Bird 4
Five-Y Five-Y ea ear Plan Gr r Plan Grow owth Oblig th Obligation tions s Obligation 5 Y ear Total Average Growth per Y ear Chapel Hill Transit $12,345,418 $2,469,084/ yr Regional Transit (Go Triangle, P ART , Chatham) $1,056,837 $211,367/ yr P2P – TransLoc $350,000 $70,000/ yr Inflation on Existing Expenses $4,179,981 $835,996/ yr Patient/ Visitor Deck Debt Payment $1,168,000 $233,600/ yr Total Needed over 5 Years to M eet Growth $3,820,047/ yr Growth as Percent of Annual Budget 11% 5
S S tak takeholder Fe eholder Feedback – edback – Funding S unding Stra rategies tegies • Include System / T echnology Enhancements as proposed • Ride service around campus (Uber, Lyft, etc.) • Utilize existing reserves to fund PARCS and Bike Share • Parking S ystem Funding Strategies • Limit increases to day time permit rates • Limit increases to North Campus visitor parking rates • No increases on healthcare patient/ visitor rates (Dogwood, ACC, Hospital ADA) • Consideration for night parking fees/ permits • Transportation System Funding Strategies • Utilize existing surplus in Department Transportation Fees and Student Transportation Fees 6
Parking Sy arking Syst stem Fundin em Funding Stra g Strate tegy gy • Five Y ear Obligations for parking system = $5.3M • Inflation on Existing Expenses ($4,179,981) • New Patient/ Visitor Deck ($1,168,000) • Proposed Funding Sources: 1. Annual Parking Permit Increases 2. North Campus Visitor parking rate increases • No planned increases to healthcare patient/visitor rates (Dogwood, AC C , Hospital ADA) 3. Night parking fees/ permits 7
Night Night Parkin arking – g – Pr Progr ogram am Deta Details ils • Night parking program: M on-Fri, 5pm – 730am • Daytime and Park & Ride permits honored at night • Employees purchase/ register permits through department • All undergraduate (excluding first year) and graduate students eligible • Students pay annual fee for program • First year students do not pay fee • Paid visitor parking hours to be extended • Implementation Date = FY19/ 20 8
Night P Night Parking Fundin arking Funding S g S our ources ces • Increase visitor hours: Raleigh Rd, Swain, Morehead, ACC, Hospital, Meters • Revenue Generated = $153K/ yr Salary Scale FY 16/ 17 Permit Price • Employee night permits <$25K $227 ($8.73/ bi-weekly) • Sliding scale = $250 midpoint permit $25K - $50K $250 ($9.62/ bi-weekly) • Revenue Generated = $330K/ yr $50K - $100K $300 ($11.53/ bi-weekly) >$100K $390 (15.00/ bi-weekly) • Student night parking fee FY17/ 18 FY18/ 19 FY19/ 20 FY20/ 21 FY21/ 22 $6/ yr $8/ yr $10/ yr Fees $0 $0 ($3/semester) ($4/semester) ($5/semester) Revenue $0 $0 $153K/ yr $205K/ yr $257K/ yr Generated 9
Parking Sy arking Syst stem Fundin em Funding Stra g Strate tegy gy Parking Strategy 1 FY17/ 18 FY18/ 19 FY19/ 20 FY20/ 21 FY21/ 22 Total Annual Permit Increase 3% 2% 2% 1% 1% $4.5M 2% = $0.25 to $1.76 / bi-weekly period North Campus Visitor Parking $1.75/ hr $1.75/ hr $1.75/ hr $1.75/ hr $1.75/ hr $0.8M Parking Strategy 2 FY17/ 18 FY18/ 19 FY19/ 20 FY20/ 21 FY21/ 22 Total Annual Permit Increase 2% 2% 2% 1% 1% $3.8M 2% = $0.25 to $1.76 / bi-weekly period North Campus Visitor Parking $2.00/ hr $2.00/ hr $2.00/ hr $2.00/ hr $2.00/ hr $1.5M Parking Strategy 3 FY17/ 18 FY18/ 19 FY19/ 20 FY20/ 21 FY21/ 22 Total Annual Permit Increase 2% 1% 1% 1% - $2.6M 2% = $0.25 to $1.76 / bi-weekly period North Campus Visitor Parking $1.75/ hr $1.75/ hr $1.75/ hr $1.75/ hr $1.75/ hr $0.8M Night Parking - - $620K $670K $720K $2.0M 10
Transpor ransporta tatio tion F n Fundi unding S ng Stra rategies tegies 1. Maintain $ Subsidy = $1.0M per year (per previous Plan) 2. Maintain % Subsidy = 10% of Transit 3. Reduce $ Subsidy = $1.0M to $500K • Guiding Principles • Reduce the current parking subsidy for transit services over the Five Y ear study period. • Develop a more equitable balance of the cost of the Transportation and Parking System to all users of the System. 11
Tra ransp nsport ortation tion Funding Funding Stra Strategy #1 egy #1 (Main (Maintain ain $ Subsidy $ Subsidy = $1 = $1.0M .0M per year) per year) • Department Transportation Fee • Maintains 48% share of Transit cost • Utilize existing surplus • No increase needed, ends FY18/ 22 plan with surplus of $416K. • Student Transportation Fee (for Local/Regional) • Increases share of Transit cost from 42% to 44% • Utilize existing surplus • Includes proposed 3.5% increases for FY17/ 18 and FY18/ 19 ($5.44 to $5.64/ yr) • Needs increases of 5%, 4% and 5% last 3 years of Plan, respectively ($7.00 to $9.09/ yr) • Parking: No additional increases needed 12
Tra ransp nsport ortation tion Funding Funding Stra Strategy #2 egy #2 (M (Mai aintain % S ntain % Subs ubsidy = idy = 10 10% of % of Transit ransit) ) • Department Transportation Fee • Maintains 48% share of Transit cost • Utilize existing surplus • No increase needed, ends FY18/ 22 plan with surplus of $416K • Student Transportation Fee (for Local/ Regional) • Maintains 42% share of Transit cost • Utilize existing surplus • Includes proposed 3.5% increases for FY17/ 18 and FY18/ 19 ($5.44 to $5.64/ yr) • 2% increases needed last 3 years of Plan ($3.40 to $3.47/ yr) • Parking Permits • Maintains 10% share of Transit cost • Additional 1% permit increase in 1 st year of plan (in addition to Parking S ystem funding increases) 13
Tra ransp nsport ortation tion Funding Funding Stra Strategy #3 egy #3 (Re (Redu duce Sub ce Subsidy t sidy to $500K p o $500K per yea er year) r) • Department Transportation Fee • Maintains 48% share of Transit cost • Utilize existing surplus • No increase needed, ends FY18/ 22 plan with surplus of $416K. • Student Transportation Fee (for Local/Regional) • Increases share of Transit cost from 42% to 48% • Utilize existing surplus • Includes proposed 3.5% increases for FY17/ 18 and FY18/ 19 ($5.44 to $5.64/ yr) • Needs 10% increases last 3 years of Plan, respectively ($16.66 to $20.15/yr) • Parking: No additional increases needed 14
Transpor ransporta tatio tion F n Fundi unding S ng Stra rategies tegies - Summary ummary Transportation Strategy 1 ($1M Subsidy) % Transit FY17/ 18 FY18/ 19 FY19/ 20 FY20/ 21 FY21/ 22 Department Transportation Fee Increases 48% - - - - - 3.5% 3.5% 5% 4% 5% Student Transportation Fee Increase 42% to 44% ($5.44) ($5.64) ($8.33) ($7.00) ($9.09) Parking Permits 10% to 8% - - - - - Transportation Strategy 2 (10% Subsidy) % Transit FY17/ 18 FY18/ 19 FY19/ 20 FY20/ 21 FY21/ 22 Department Transportation Fee Increases 48% - - - - - 3.5% 3.5% 2% 2% 2% Student Transportation Fee Increase 42% ($5.44) ($5.64) ($3.40) ($3.43) ($3.47) 1% Parking Permits 10% - - - - ($0.12-$0.88) Transportation Strategy 3 ($500K Subsidy) % Transit FY17/ 18 FY18/ 19 FY19/ 20 FY20/ 21 FY21/ 22 Department Transportation Fee Increases 48% - - - - - 3.5% 3.5% 10% 10% 10% Student Transportation Fee Increase 42% to 48% ($5.44) ($5.64) ($16.66) ($18.33) ($20.15) Parking Permits 10% to 4% - - - - - 15
Fee Feedback dback – – Fundi unding S ng Strategies trategies 1. Confirm System / T echnology Enhancements 2. Confirm funding P ARCS and Bike Share by reducing existing reserves 3. Parking Funding Strategies 4. Transportation Funding Strategies 16
Ad Addit ditional F ional Feedba eedback O ck Oppor pportuniti tunities es • Base Camp for ACT • 5 Y ear Plan Website: http:/ / uncfiveyearplan.com/ • Individual meetings with T&P staff upon request • Coordinate with M ya Nguyen: myanguy@email.unc.edu • Feedback deadline = 11/ 9 • Upcoming ACT Meetings • 11/ 16 – ACT Meeting to finalize recommendations • 1/ 18 – Prelim plan rollout 17
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