Shasta County RTPA												ATTACHMENT F - Page 1 of 2
Analysis of Extended Hours Services
RABA Proposal
FIXED ROUTE
	Average	Average	Proposed	Percentage	Elasticity	Reduction	Projected	Fare	Cost of	Projected
Route No.	Hourly Riders	Fare	Fare	Increase	of Demand	In Demand	Riders	Revenue	Service	Farebox
	(5:30 & 6:30)	2002 SCO			LSC					%
2	10	0.635548	2.00	214.69%	-0.35	-75.14%	2	4.97	46.76	0.106326
4	9	0.635548	2.00	214.69%	-0.35	-75.14%	2	4.47	46.76	0.095693
6	7.5	0.635548	2.00	214.69%	-0.35	-75.14%	2	3.73	46.76	0.079744
11	12	0.635548	2.00	214.69%	-0.35	-75.14%	3	5.97	46.76	0.127591
Increases in the passenger fare price requires a review of fare elasticities.  Fare increases will likely reduce general public ridership for persons who choose to ride a bus.  The RABA LSC report uses an elasticity of -35% for general public passengers and -25% for senior/disabled passengers.  The percentage of fare increase is multiplied by the elasticity rate to determine the percentage of decrease in ridership due to fare increases.
DEMAND RESPONSE
	Average	Average	Proposed	Percentage	Elasticity	Reduction	Projected	Fare	Cost of	Projected
Route No.	Hourly Riders	Fare	Fare	Increase	of Demand	In Demand	Riders	Revenue	Service	Farebox
	(5:30 & 6:30)	2002 SCO			LSC					%
N/A	2	1.410221	4.00	183.64%	-0.25	-45.91%	1	4.33	46.76	0.092539
4	2	1.410221	4.00	183.64%	-0.25	-45.91%	1	4.33	46.76	0.092539
6	2	1.410221	4.00	183.64%	-0.25	-45.91%	1	4.33	46.76	0.092539
11	2	1.410221	4.00	183.64%	-0.25	-45.91%	1	4.33	46.76	0.092539