DATE: May 24, 2024
TO: Pikes Peak Rural Transportation Authority (PPRTA)
FROM: Lan Rao, Transit Division Manager
RE: 2024 PPRTA Budget Amendment – Transit
Mountain Metropolitan Transit is proposing the following amendment to the 2024 PPRTA budget.
| Proposed Revenue | Amount |
|---|---|
| 2023 Fare Revenue Carryover | $1,395,877 |
| 2023 Sales Tax Revenue Carryover | $1,350,688 |
| 2023 Interest Earnings | $1,000,000 |
| Total Proposed Budget Amendment | $3,746,565 |
Transit proposes to use the funding for the following services:
- Funding contract and fuel cost increases for existing level of service.
- Service improvements over the next two and a half years:
- Increase Sunday morning and evening service to match Saturday operating hours.
- Increase evening service on Routes 18, 19 and 39 to align with weekday evening service.
Cc: Gayle Sturdivant, Acting Public Works Director