Farebox recovery ratio for Oct 2013 fares
Greg Bodnar made this Official Information request to Wellington Regional Council
The request was partially successful.
      From: Greg Bodnar
      
    
    Dear Wellington Regional Council,
With the annual fare increase about to come into effect, I would like to know more about the farebox recovery ratio calculations. The press release issued on 17 Sept 2013 suggests a target of 55%, while maintaining that there is a policy of fare increases of 3%/year, implying that operating costs are increasing at a similar rate.
For completeness, I would like to see
1) the farebox recovery ratio
2) the total operating costs attributed to running the public transport network
3) total revenue from fares collected
4) total subsidies from GWRC
5) total subsidies from NZTA
over the past 5 years and projected amounts for 2013-2014.
Yours faithfully,
Greg Bodnar
        From: Info
        Wellington Regional Council
      
    
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        From: Darrell Young
        Wellington Regional Council
      
    
    Dear Greg,
  
 Acknowledgement of Request for Information
  
 Thank you for your email dated 20 September, 2013 requesting information
 on the Farebox recovery ratio for Oct 2013 fares:
  
      For completeness, I would like to see
* The farebox recovery ratio
 * The total operating costs attributed to running the public transport
 network
 * Total revenue from fares collected
 * Total subsidies from GWRC
 * Total subsidies from NZTA over the past 5 years and projected amounts
 for 2013-2014.
 
 Your request is being followed-up and a reply will be sent to you shortly.
  
 Yours sincerely,
  
 Darrell Young
  
  
 for
 Leigh-Anne Buxton
 General Manager
 People and Capability
  
  
show quoted sections
        From: Christine Kelly
        Wellington Regional Council
      
    
    Good afternoon, please find attached letter and attachments.
  
  
 Kind regards
 Christine
  
  
 Christine Kelly | Executive Secretary to General Manager, People and
 Capability Group
 GREATER WELLINGTON REGIONAL COUNCIL
 Te Pane Matura Taiao
 Shed 39, Harbour Quays | PO Box 11646, Manners St, Wellington 6142
 T: 04 830 4201 | [1]www.gw.govt.nz
  
  
  
  
ATTENTION: This correspondence is confidential and intended for the named
 recipient(s) only. If you are not the named recipient and receive this
 correspondence in error, you must not copy, distribute or take any action
 in reliance on it and you should delete it from your system and notify the
 sender immediately. Unless otherwise stated, any views or opinions
 expressed are solely those of the author, and do not represent those of
 the organisation.
References
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Things to do with this request
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Tony Randle left an annotation ()
Hi Greg
I also OIA'd the GWRC on Fare Recovery Ratios (over a number of years inc this year). They supplied me (because I specifically asked) with a copy of their Fare Recovery Ratio calcuation spreadsheet. It does show what they include and exclude in their calculations.
Link to this