Share of total ART and Capital Bikeshare operating expenses that are covered by revenue generated from system users.
Arlington Transit Service Cost Recovery, FY2006-FY2014
|Fiscal Year||Arlington Local Transit Operations||Capital Bikeshare (Arlington Only)|
ART Ridership & Revenue Hours, FY2004-FY2014
|Fiscal Year||Passengers||Revenue Hours|
Farebox recovery is the proportion of revenue generated through fares to total operating expenses. Cost recovery for Capital Bikeshare in Arlington is the proportion of the amount of revenue generated through membership fees and system usage fees to total operating expenses. ART farebox recovery was measured between 2006 and 2014, while Capital Bikeshare data was measured between 2011(when the system was first implemented) and 2014.
Farebox Revenues as well as dedicated employer and developer contributions provide importance sources of funding to support local transit service. This measure supports the MTP Goal 5: Manage Effectively and Efficiently and Goal 1: Provide High‐ Quality Transportation Services.
Since 2006, ART’s farebox recovery has increased from 13 percent to 30 percent as ridership increases faster than revenue hours. This trend is an indication that ART has significantly grown ridership and fare revenue while holding down operating costs. Capital Bikeshare cost recovery has fluctuated between 53 percent and 64 percent since 2011, and stood at 63 percent in 2014, well above typical transit service farebox recovery ratios.
- Transit Bureau internal data.
- Arlington Capital Bikeshare Annual Report FY2014