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98-22885 RESO RESOLUTION NO. 98-22885 A RESOLUTION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING AND ADOPTING A PROPOSED FISCAL YEAR 1998-99 OPERATING BUDGET FOR THE ELECTROW A VE CIRCULATOR SHUTTLE SERVICE, IN THE AMOUNT OF $1,611,469; AUTHORIZING THE APPROPRIATION OF $438,000 IN MIAMI BEACH RESORT TAX FUNDS, PLUS $12,000 IN CARRY -OVER FUNDS, TO COVER THE CITY'S 27.9% SHARE OF THE 1998-99 FUNDING PACKET FOR OPERATIONS; WHICH PACKET ALSO INCLUDES A NEW CONTRIBUTION OF $300,000 PLUS $808,969 IN CARRY -OVER FUNDS FROM THE FLORIDA DEPARTMENT OF TRANSPORTATION, AT 68.8%; A $12,500 GRANT FROM THE INTERNATIONAL CITIES FOR LOCAL ENVIRONMENTAL INITIATIVES, AND $40,000 IN PROJECTED ADVERTISING REVENUES, WHICH JOINTLY ACCOUNT FOR THE REMAINING 3.3%; AND, FURTHER APPROPRIATING ALL FUNDS, WHEN RECEIVED. WHEREAS, the Electrowave Circulator Shuttle Service to South Beach has been in operation since January 1998, and has carried over 883,000 riders in only 30 weeks of service; and WHEREAS, the Fiscal Year 1998-99 Electrowave Operating Budget for a full 12 months of transit services is proposed at $1,611,469; and WHEREAS, the City is being asked to contribute $438,000 in Resort Tax Funds, plus $12,000 in carry-over funds, or 27.9% toward the $1,611,469 operating budget; and WHEREAS, the additional 72.1 % of the operating budget will be covered at 68.8% by the Florida Department of Transportation, and the remaining 3.3% by an environmental grant and projected on-board advertising revenues; and WHEREAS, a proposal for new capital acquisition is being submitted to the Mayor and City Commission for consideration under a separate enabling Resolution; and WHEREAS, with a potential addition of four electric shuttle vehicles to be used as "rolling stock," the proposed operating budget includes enough funds to cover added operating expense. NOW, THEREFORE, BE IT RESOLVED BY THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, that the Mayor and City Commission hereby approve and adopt a proposed Fiscal Year 1998-99 operating budget for the Electrowave Circulator Shuttle Service, in the amount of $1,611,469; authorize the appropriation of $438,000 in Miami Beach Resort Tax Funds, plus a $12,000 in carry-over funds to cover the City's 27.9% share ofthe 1998-99 funding packet for operations; which packet also includes a new contribution of $300,000 plus a $808,969 in carry-over funds from the Florida Department of Transportation, at 68.8%; and a $12,500 grant from the International Cities for Local Environmental Initiatives, and a $40,000 in projected advertising revenues, which jointly account for the remaining 3.3%; and, further appropriate all funds, when received. PASSED AND APPROVED this the 9th day of September ,1998. WIl1 MAYOR ( ATTEST: ~l POA~ aJ APPROVED AS TO FORM & LANGUAGE & FOR EXECUTION /lI1i ~ City Attornev 'l/yJc7) P Date ITY HALL 1700 CONVENTION CENTER DRIVE MIAMI BEACH, FLORIDA 33139 .1ttp:\\cLm iami-beach. fl. us ;ITY OF MIAMI BEACH TO: FROM: SUBJECT: COMMISSION MEMORANDUM NO. ~ ~ Mayor Neisen O. Kasdin and Members of the City Co ission DATE: September 9,1998 Sergio Rodriguez City Manager A RESOL ION OF THE MAYOR AND CITY COMMISSION OF THE CITY OF MIAMI BEACH, FLORIDA, APPROVING AND ADOPTING A PROPOSED FISCAL YEAR 1998-99 OPERATING BUDGET FOR THE ELECTROW A VE CIRCULATOR SHUTTLE SERVICE, IN THE AMOUNT OF $1,611,469; AUTHORIZING A NEW APPROPRIATION OF MIAMI BEACH RESORT TAX FUNDS IN THE AMOUNT OF $438,000, PLUS $12,000 IN CARRY-OVER FUNDS, TO COVER THE CITY'S 27.9% SHARE OF THE 1998-99 FUNDING PACKET FOR OPERATIONS; WHICH PACKET ALSO INCLUDES A NEW CONTRIBUTION OF $300,000 PLUS $808,969 IN CARRY-OVER FUNDS FROM THE FLORIDA DEPARTMENT OF TRANSPORTATION, AT 68.8%; A $12,500 GRANT FROM THE INTERNATIONAL CITIES FOR LOCAL ENVIRONMENT AL INITIATIVES, AND $40,000 IN PROJECTED ADVERTISING REVENUES, WHICH JOINTLY ACCOUNT FOR THE REMAINING 3.3%; AND, FURTHER APPROPRIATING ALL FUNDS, WHEN RECEIVED. ADMINISTRATION RECOMMENDATION Adopt the Resolution. BACKGROUND The ELECTROWA VE Circulator Shuttle Service has been an unquestionable success story. After only 30 weeks of operation, or 7 1/2 months, the following is being reported: o The 22-passenger buses have carried 883,203 passengers, an average of29,400 per week, or over 4,200 riders per day. With a maximum of six vehicles on the road at any given time, the service is already operating over capacity on Washington Avenue. o The service has been warmly welcomed and is used by residents, visitors, and tourists alike, and has attracted a noticeable number of park-and-riders, particularly on weekend/holiday evenings and during local events. o Not only has the ridership exceeded expectations, but its present operating budget will AGENDA ITEM~ o C 00 DATE -I - 1- l-iL feature a healthy cash carry-over, of approximately $820,000, that will be applied against FY 1998-99 expenses. Therefore, the expected FY 1998-99 City contribution is proposed to be $438,000 in Resort Tax Funds, down from approximately $650,000 contributed last year. The projected cash carry-over includes mostly State funds, which are being rededicated to the ELECTROWA VE Service by the Florida Department of Transportation (FDOT). <> The City's proposed $438,000 new contribution, plus $12,000 in carry-over funds, is receiving a considerable return from FDOT which is investing the following funds toward the FY 1998-99 ELECTROWA VE Project: * $1,108,969 in new and carry-over funds towards the proposed operating budget, as addressed in the ANALYSIS section, below; and * $248,125 in Toll Revenue Credits as a "soft" match to the $992,500 in FTA Section 3 capital funds earmarked in the FY 1996-97 U.S. Transportation Appropriations Budget for ELECTROWA VE capital purchases. FDOT's willingness to produce this soft match has relieved the City from its obligation to produce a cash match to these Federal funds. NOTE: This capital item requires no City contribution and constitutes the next item on this City Commission Agenda. <> The City is seeking County approval to charge a 25-cent fare for the ELECTROWA VE Service. The hiring of a bonded company to handle the fare proceeds may cost $54,000/year or more. This cost could be covered by a combination of the "contingency" and "other operating" categories of the proposed FY 1998-99 operating budget. A fare cannot be instituted immediately for the following reasons. * It requires the approval of enabling legislation to effect a change in the County Code, which presently requires th~t other transit services in the Miami-Dade area charge the same as MDTA does, at $1.25 regular, and $.60 per senior/student. Early September 1998 is the deadline to receive agenda items for the November 3rd County Commission meeting. * The City needs to resolve all security issues associated with fare collection, such as the provision of a secure room/vault that is available 7 days a week to the bonded company which would count, log, and bag the fare proceeds, prior to deposit in a designated bank account. The Parking Department "secure room/vault" is closed on weekends and holidays, when the ELECTROWA VE ridership is intense. <> Based on present ridership counts, the implementation of a 25-cent fare could generate at least $300,000 in gross revenues in 12 months. The City Administration and MBTMA do not recommend a 50-cent charge, at least initially. <> Federal transit rules require that farebox revenues be used to offset transit operating costs, and prohibit their use to offset the required "local" match to Federal and/or State funds that have been awarded to any given transit project. ANAL YSIS Following is a comparison between present and proposed ELECTROWA VE budgets and expenses: Budget Categories Capital Acquisitions Red Top Charges Fleet Maint. Charges MBTMA Proj.Admin. Marketing Electricity (batteries) Misc. Operating Uniforms (drivers) Communication (9 radios) One Cell Telephone Contingency FY 1997-98 Inception Budget $ 78,750 991,510 477,419 95,714 119,509 16,000 62,278 3,880 -0- -0- 142,418 FY 1997-98 Projected Expenditures (9 mos. service) $ 78,750 568,510 (9 mos.) 245,823 95,714 118,500 16,000 (7 mos.) 32,400 3,880 7,560 (6 mos.) 200 -0- FY 1997-98 Projected Carry-over -0- $ 423,000 231,596 -0- 1,009 -0- 29,878 -0- -0- -0- 142,418 FY 1998-99 Proposed EW Budget (12-mos.oper. ) -0- * $ 774,000 478,000 95,700 80,000 50,000 35,769 6,000 22,000 -0- 70,000 FY 1997-98 Totals: $1,987,478 $1,167,337 $ 820,141 FY 1998-99 Proposed Operating Budget ......................................................... $1,611,469-- FY 1998-99 capital acquisitions would be made using exclusively Federal funds, pending City Commission approval of the next Item on this City Commission Agenda-purchase of four additional electric shuttle vehicles and equipment to be used as "rolling stock." * .... Note that the proposed FY 1998-99 EI:ECTROW A VE operating budget includes additional operating costs at approximately $3,500 a month to cover added vehicle insurance coverage, electricity, and radio monthly costs. In addition, its "misc. operating" and "contingency" categories may be used to cover the costs of hiring a bonded company to handle fares. As previously stated, the proposed $438,000 City Resort Tax new contribution toward the operating budget is significantly reduced from the $1.8 million contributed within FY s 1996-97 and 1997-98, for capital and operating expenditures. The proposed funding sources for the upcoming ELECTROWA VE Operating Budget are as follows: FDOT carry-over funds from FY s 1996-98 JP A * w/City FY 1998-99 FDOT contribution Estimated City carry over funds from 2-year lP AlFDOT FY 1998-99 City Resort Tax match to State funds Additional Resort Tax contribution to fulfill budget needs Int. Cities for Local Environmental Initiatives grant Projected on-board advertising revenues Proposed FY 1998-99 funding total: $ 808,969 68.8% FDOT $ 300,000 $ 12,000 $ 300,000 27.9% City RT $ 138,000 $ 12,500 $ 40.000 3.3% Misc. $1,611,469 * Two- Y ear Joint Participation Agreement (JP A) between City and FDOT for ELECTROW AVE. The presently projected cash carry-over of approximately $820,000 (mostly in FOOT funds) is due to the following reasons: 1. The ELECTROWA VE Service has been in operation less than nine (9) months. 2. MBTMA's budget-conscious approach to program expenditures and route control has kept costs down. 3. To date, City Fleet Maintenance has been unable to hire a full contingent of mechanics, as budgeted, and has had to bypass required routine maintenance in favor of solving major problems, only. 4. A slight overbudgeting in the first year of operations, due to the use of new technology. 5. Certain expenses began to be incurred only by March (when FPL connected the electric meter) or April (monthly cost of on-board radios). Looking into the future to FY 1999-2000, there may be NO carry-over funds from the FY 1998-99 Supplemental Joint Participation Agreement (JP A) to be executed in the near future by the City and FDOT for the ELECTROWA VE Budget. However, we anticipate that other sources of operating funds will come into play, above and beyond the traditional FDOT contribution/City Resort Tax match, as follows: * The ELECTROWAVEs share of the National Transit Data Fund, at approx. $50,000. * A share of the new Transportation Block Grant Fund, approximately $30,000. * A new Department of Energy grant, approximately $200,000. * Farebox revenues of at least $150,000 (based on a minimum six-month fare collection). * NOTE: potential, locally-created funding sources, such as increased revenues from advertising, dedicated parking revenues, mitigation plan proceeds, transit assessment districts, etc., can be used to offset the amount of Resort Tax to be contributed annually by the City. CONCLUSION It is undeniable that public transit is essential if the City is to achieve the goals and meet the challenges of a turn-of-the-Century Miami Beach. The Administration recognizes the merits of the ELECTROWA VE Service, has effected a considerable reduction in its Resort Tax contribution to the project, will strive to generate additional sources oflocal funding for future years, and recommends approval of this Resolution. \~ ( S~AJ (ewbdgt99)aj