Title
Consider/Discuss/Act on FY23 Budget Amendment for Collin County Transit
Summary
COUNCIL GOAL: Enhance the Quality of Life in McKinney:
5D Develop Sustainable Quality of Life Improvements Within the City
MEETING DATE: June 20, 2023
DEPARTMENT: Housing and Community Development
CONTACT: Akia Pichon, Transit Administrator
ITEM SUMMARY:
• After a slow start, monthly ridership for Collin County Transit has increased from 996 in January 2022 to 4,397 in January 2023.
• The Collin County Transit budget for FY23 was $1,053,000. As of March 2023, $1,035,068 has been expended.
• A budget amendment of $700,000 is requested.
• Budget saving measures are being proposed to slow the rate of growth in program and hold total expenditures for the year to $1,753,000.
BACKGROUND INFORMATION:
• Staff, along with City of McKinney Communications and Marketing and DART has been working hard to ensure that eligible residents of the McKinney Urban Transit District are aware of the service.
• The marketing effort has been successful and growth of the program has exceeded expectations.
• Staff, with MUTD approval, would like to implement measures to slow the growth of the program and control costs:
o Renegotiate call center rates
o Limit number of new riders that can sign up for the program monthly.
o Requalify existing riders verifying residency and income.
FINANCIAL SUMMARY:
• Funds are available from FY20 CARES ACT funding.
• $8,844,174 was allocated and $7,718,769 is available as of 4/1/23