SUBJECT:
title
Approval of a resolution authorizing the President & CEO, or her designee, to adopt the CapMetro Bikeshare fares and fees for users of the Bikeshare system.
end
FISCAL IMPACT:
Refer to executive summary for clarification.
STRATEGIC PLAN:
Strategic Goal Alignment:
☒ 1. Customer ☒ 2. Community
☐ 3. Workforce ☐ 4. Organizational Effectiveness
Strategic Objectives:
☐ 1.1 Safe & Reliable Service ☒1.2 High Quality Customer Experience ☐ 1.3 Accessible System
☐ 2.1 Support Sustainable Regional Growth ☒ 2.2 Become a Carbon Neutral Agency
☒ 2.3 Responsive to Community and Customer Needs ☐ 2.4 Regional Leader in Transit Planning
☐ 3.1 Diversity of Staff ☐ 3.2 Employer of Choice ☐ 3.3 Expand Highly Skilled Workforce
☐ 4.1 Fiscally Responsible and Transparent ☐ 4.2 Culture of Safety ☐ 4.3 State of Good Repair
EXPLANATION OF STRATEGIC ALIGNMENT: The CapMetro Bikeshare program operated by the non-profit, Bikeshare of Austin, was folded into CapMetro’s modes of service in August 2022. The fares and fees that were charged were assumed by CapMetro. Staff seek to expand and align the fares and fees currently being charged to Bikeshare customers of the new upgraded Bikeshare system and with fees and fares of other similar sized cities Bikeshare offering.
BUSINESS CASE: CapMetro’s Bikeshare fares and fees must align with the cost of operating the Bikeshare system, and ensure financial sustainability. A fare adjustment will ensure alignment.
COMMITTEE RECOMMENDATION: This item will be presented to the full board on April 21, 2025.
EXECUTIVE SUMMARY: CapMetro operates the CapMetro Bikeshare program, while the City of Austin retains ownership of the equipment consisting of bikes, stations, and docks. The fares and fees charged by Bikeshare will cover a larger portion of the maintenance and operations of the new e-bike upgrade.
The proposed changes include adjustments to all five fare types, reductions in the base allotted time per ride included in all passes, and a revised structure for overage fees to encourage users to take shorter trips and dock more frequently. Figure 1 shows the current and proposed fare structure.
|
Price |
Pay-as-you-Ride |
1-Day Pass |
31-Day Pass |
Annual Pass |
Student Discount |
|
Current |
$1.09 + $0.23/min |
$12.99 (60mins) + $4.33 per 30min |
$11 (60mins) + $4.33 per 30min |
$86.60 (60mins) + $4.33 per 30min |
$12 (60mins) + $4.33 per 30min |
|
Proposed |
$2.50 + $0.25/min |
$10 (30mins) + $0.25/min |
$25 (30mins) + $0.25/min |
$150 (30mins) + $0.25/min |
50% off Annual Pass (30mins) + $0.25/min |
|
(Minutes) refer to the base allotted time per ride. |
Figure 1: Existing and Proposed Bikeshare Fare Structure
If approved by the CapMetro Board, the proposed Bikeshare fares will continue to be some of the lowest fares among comparable public systems in the U.S., and less than private Bikeshare and scooter-share systems. Fare revenue generated and contributed towards operations cost of the system will depend on use.
If approved by the Board, the proposed fare structure would go into effect in August 2025.
DBE/SBE PARTICIPATION: Does not apply.
PROCUREMENT: Does not apply.
RESPONSIBLE DEPARTMENT: Finance
body
RESOLUTION
OF THE
CAPITAL METROPOLITAN TRANSPORTATION AUTHORITY
BOARD OF DIRECTORS
STATE OF TEXAS
COUNTY OF TRAVIS
AI-2025-1458
WHEREAS, the Capital Metropolitan Transportation Authority (CapMetro) Board of Directors recognizes the Bikeshare program is a partnership with the City of Austin; and
WHEREAS, CapMetro recognizes that the Bikeshare program was fully upgraded with new e-bike technology as of July, 2024; and
WHEREAS, CapMetro recognizes the need to align the fares and fees of the new Bikeshare program with the upgraded e-bike offering, and to bring these fees and fares in line with other similar sized cities’ Bikeshare offering.
NOW, THEREFORE, BE IT RESOLVED by the CapMetro Board of Directors that the President & CEO, or her designee, is authorized to finalize and execute a change to the fares and fees associated with the CapMetro Bikeshare program, as outlined in the March 24, 2025 memo to the Board, with the change going into effect on August 1, 2025.
____________________ Date: ____________________
Secretary of the Board
Becki Ross