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TO: |
Board of Trustees |
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THROUGH: |
Jay Fox, Executive Director |
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FROM: |
Patrick Preusser, Chief Operating Officer |
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PRESENTER(S): |
Patrick Preusser, Chief Operating Officer |
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Michael Goldman, Special Service Program Manager |
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Lani Laumua, Accountant-Rideshare |
TITLE:
title
Proposed Vanpool Rates
end
AGENDA ITEM TYPE:
Discussion
RECOMMENDATION:
Discuss the proposed Vanpool rates and provide feedback prior to adoption of revised Vanpool rates at a future Board meeting.
BACKGROUND:
The Utah Public Transit District Act (“the Act”) requires the Board, as the governing body of the Utah Transit Authority (UTA), to fix rates and any classification of rates for service provided by UTA. Vanpool is a service provided by UTA that encourages and enables group commuting for employers and employees around the UTA service area. Therefore, Vanpool rates must be reviewed, approved, and fixed by the Board to meet the requirements of the Act.
DISCUSSION:
Staff will present Vanpool rates for Board information and feedback. Information includes corporate rates, fixed rate price per seat, and other rideshare rates.
After receiving feedback from this discussion, a resolution will be presented to the Board at a future meeting to adopt UTA’s Vanpool rates.
ALTERNATIVES:
The Board may direct adjustments to Vanpool rates.
FISCAL IMPACT:
The proposed rates are anticipated to increase monthly Vanpool revenue by approximately $23,500 per month or $282,000 annually.
ATTACHMENTS:
Vanpool Corporate Rates 2024 Draft
Vanpool Fixed Rate Per Seat 2024 Draft
Other Rideshare Rates 2024 Draft