Loading...
HomeMy Public PortalAbout03 March 04, 2022 State Route 91 AdvisoryAGENDA State Route 91 Advisory Committee Meeting Committee Members Gene Hernandez, OCTA, Chairman Brian Berkson, RCTC, Vice Chairman Doug Chafee, OCTA Kevin Jeffries, RCTC Bob Magee, RCTC Mark A. Murphy, OCTA Harry S. Sidhu, OCTA Wes Speake, RCTC Karen Spiegel, RCTC Donald P. Wagner, OCTA Michael Hennessey, OCTA, Alternate Clint Lorimore, RCTC, Alternate Orange County Transportation Authority Headquarters Conference Room 07 550 South Main Street Orange, California Friday, March 4, 2022 at 9:00 a.m. Michael Beauchamp, Caltrans Dist. 8, Ex -Officio Ryan Chamberlain, Caltrans Dist.12, Ex -Officio Ray Marquez, SBCTA - Ex -Officio Any person with a disability who requires a modification or accommodation in order to participate in this meeting should contact the Orange County Transportation Authority (OCTA) Clerk of the Board, telephone (714) 560 5676, no less than two (2) business days prior to this meeting to enable OCTA to make reasonable arrangements to assure accessibility to this meeting. Agenda descriptions are intended to give members of the public a general summary of items of business to be transacted or discussed. The posting of the recommended actions does not indicate what action will be taken. The Committee may take any action which it deems to be appropriate on the agenda item and is not limited in any way by the notice of the recommended action. All documents relative to the items referenced in this agenda are available for public inspection at www.octa.net or through the Clerk of the Board's office at the OCTA Headquarters, 600 South Main Street, Orange, California. Guidance for Public Access to the Board of Directors/Committee Meeting On September 16, 2021, Governor Gavin Newsom signed into law AB 361 authorizing a local legislative body to hold public meetings via teleconferencing and make public meetings accessible telephonically or electronically to all members of the public due to the state and local State of Emergency resulting from the threat of Novel Coronavirus (COVID-19). Page 1 of 5 AGENDA State Route 91 Advisory Committee Meeting Members of the public can listen to audio live streaming of the Board and Committee meetings by clicking the below link: http://www.octa. net/About-OCTA/Who-We-Are/Board-of-Directors/Live-and-Archived-Audio/ Members of the public may address the Committee regarding any item two ways: Real Time Comment To provide real-time public comment during the meeting, please access Zoom at: https://us02web.zoom.us/j182173189650 Dial In: (669) 900-6833 Webinar ID: 821 7318 9650 Speakers will be recognized by the Chairman at the time the agenda item is to be considered. A speaker's comments shall be limited to three minutes. Anyone causing disruption can be removed from the meeting at the discretion of the Chair. Written Comment Written public comments may also be submitted by emailing them to ClerkOffice @,,octa.net, and must be sent 90 minutes prior to the start time of the meeting. If you wish to comment on a specific agenda Item, please identify the Item number in your email. All public comments that are timely received will be part of the public record and distributed to the Committee. Public comments will be made available to the public upon request. Call to Order Roll Call Pledge of Allegiance Member Spiegel Special Calendar 1. Election of New State Route 91 Advisory Committee Chair 2. Election of New State Route 91 Advisory Committee Vice Chair Page 2 of 5 AGENDA State Route 91 Advisory Committee Meeting Consent Calendar (Items 3 through 6) All items on the Consent Calendar are to be approved in one motion unless a Committee Member or a member of the public requests separate action or discussion on a specific item. 3. Approval of Minutes Approval of the minutes of the State Route 91 Advisory Committee meeting of June 4, 2021. 4. 91 Express Lanes Status Reports Kirk Avila/Jennifer Crosson Overview The 91 Express Lanes status reports for the months of May 2021 through December 2021 have been prepared for State Route 91 Advisory Committee review. The reports highlight operational and financial activities for both the Orange County Transportation Authority and Riverside County Transportation Commission segments of the 91 Express Lanes. Recommendation Receive and file the 91 Express Lanes Status Reports for the months of May 2021 through December 2021. 5. Orange County Transportation Authority Fiscal Year 2020-21 91 Express Lanes Fund Financial Statements Kirk Avila Overview Crowe LLP, an independent accounting firm, has completed the annual audit of the Orange County Transportation Authority 91 Express Lanes Fund financial statements for fiscal year 2020-21 and has issued its independent auditor's opinion. A copy of the audited financial statements is attached for State Route 91 Advisory Committee review. Recommendation Receive and file the Orange County Transportation Authority Fiscal Year 2020-21 91 Express Lanes Fund annual financial statements. Page 3 of 5 111V1111.101, COMMIT TIIAMWIORIATION coSMIUION AGENDA State Route 91 Advisory Committee Meeting 6. Fiscal Year 2020/21 Riverside County Transportation Commission 91 Express Lanes Annual Financial Statements Megan Kavand Overview Eide Bailly LLP, an independent accounting firm, has completed the annual audit of the Riverside County Transportation Commission 91 Express Lanes financial statements for Fiscal Year 2020-21 and has issued its independent auditor's opinion. A copy of the audited financial statements is attached for the State Route 91 Advisory Committee review. Recommendation This item is for the Committee to receive and file Fiscal Year 2020-21 Riverside County Transportation Commission 91 Express Lanes Fund audited financial statements. Regular Calendar There are no Regular Calendar items scheduled. Discussion Items 7. 91 Express Lanes Update Kirk Avila/Jennifer Crosson Staff from Orange County Transportation Authority and Riverside County Transportation Commission will provide an operational update on 91 Express Lanes that will include traffic volumes, revenues, and the status on the conversion to the new back -office system and contract. 8. Riverside County Transportation Commission Update on Ongoing Projects in the State Route 91 Corridor David Thomas Staff from the Riverside County Transportation Commission will provide an update on the various improvement projects in the State Route 91 corridor. 9. Public Comments 10. Chief Executive Officer's Report 11. Committee Members' Reports Page 4 of 5 • ION AGENDA State Route 91 Advisory Committee Meeting 12. Closed Session There are no Closed Session items scheduled. 13. Adjournment The next regularly scheduled meeting of this Committee will be held at 9:00 a.m. on Friday, June 3, 2022 at the Orange County Transportation Authority Headquarters, Conference Room 07, 550 South Main Street, Orange, California. Page 5 of 5 FR OCTA RCTC RIVERSIDE COUNTY TRANSPORTATION COMMISSION MINUTES State Route 91 Advisory Committee Meeting Committee Members Present Via Teleconference Gene Hernandez, OCTA, Chairman Brian Berkson, RCTC, Vice Chairman Kevin Jeffries, RCTC Bob Magee, RCTC Mark A. Murphy, OCTA Tim Shaw, OCTA Harry S. Sidhu, OCTA Wes Speake, RCTC Donald P. Wagner, OCTA Michael Beauchamp, Caltrans District 8, Ex -Officio Ryan Chamberlain, Caltrans District 12, Ex -Officio Ray Marquez, SBCTA, Ex -Officio Committee Members Absent Karen Spiegel, RCTC Call to Order Staff Present Allison Cheshire, OCTA, Clerk of the Board Specialist, Sr. Sara Meisenheimer, OCTA, Clerk of the Board Specialist Via Teleconference Darrell E. Johnson, OCTA, Chief Executive Officer Kirk Avila, OCTA, General Manager, 91 Express Lanes Anne Mayer, RCTC, Executive Director Jennifer Crosson, RCTC, Interim Toll Program Director James M. Donich, OCTA, General Counsel Stave DeBaun, RCTC, General Counsel The June 4, 2021 regular meeting of the State Route 91 (SR -91) Advisory Committee (Advisory Committee) was called to order by Committee Chairman Hernandez at 9:00 a.m. Roll Call The Deputy Clerk of the Board conducted an attendance Roll Call and announced there was a quorum of the SR -91 Advisory Committee. Pledge of Allegiance Member Speake led in the Pledge of Allegiance. 1. Public Comments No public comments were received. Special Calendar There were no Special Calendar items. June 4, 2021 Page 1 of 3 RIVERSIDE COUNTY TRANSPORTATION COMMISSION OCTA MINUTES State Route 91 Advisory Committee Meeting Consent Calendar (Items 2 and 3) 2. Approval of Minutes A motion was made by Member Murphy, seconded by Member Sidhu, and declared passed 8-0 by those present, to approve the minutes of the State Route 91 Advisory Committee meeting of March 5, 2021. Member Wagner was not present to vote on this item. 3. Joint 91 Express Lanes Status Reports A motion was made by Member Murphy, seconded by Member Sidhu, and declared passed 8-0 by those present, to receive and file the joint 91 Express Lanes status reports for the months of February 2021 through April 2021. Member Wagner was not present to vote on this item. Regular Calendar 4. Draft 2021 State Route 91 Implementation Plan Allison Army, Transit Analyst, Project Development, provided a PowerPoint presentation on this item. Following a discussion, no action was taken on this receive and file information item. Discussion Items 5. Back -Office System and Customer Service Center Implementation Update Kirk Avila, General Manager, Orange County Transportation Authority (OCTA), 91 Express Lanes, provided a PowerPoint presentation on this item. Following the presentation, no action was taken on this item. 6. Coronavirus Impacts to the 91 Express Lanes Mr. Avila, General Manager, OCTA, 91 Express Lanes, and Jennifer Crosson, Interim Toll Program Director, Riverside County Transportation Commission (RCTC), provided a PowerPoint presentation on this item. Following the presentation, a discussion ensued, and no action was taken on this item. June 4, 2021 Page 2 of 3 • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION MINUTES State Route 91 Advisory Committee Meeting 7. General Manager's Report - Orange County Transportation Authority Kirk Avila, General Manager, OCTA, 91 Express Lanes, reported on the following: • Progress continues on the 91 Express Lanes toll entrance gantries • Annual cost of living adjustment (COLA) to toll rates on July 1, 2021 • 91 Express Lanes received a credit rating of A+ 8. Toll Operations Report - Riverside County Transportation Commission Jennifer Crosson, Interim Toll Operations Director, RCTC, reported on the following: • Credit rating restored to stable • Implementation of annual COLA • 15 Express Lanes opened on April 15 for revenue collection • 91/15 Express Lanes walk-in center is scheduled to open in July • SR 91/1-15 connection 9. Committee Members' Reports Committee Vice Chairman Berkson requested information at a future meeting on how the California Highway Patrol handles the 3+ lane violators along the express lanes corridor. 10. Closed Session There were no Closed Session items scheduled. 11. Adjournment The meeting adjourned at 9:43 a.m. The next regularly scheduled meeting of this Committee will be held at 9:00 a.m. on Friday, October 1, 2021, at the Orange County Transportation Authority Headquarters, Conference Room 07, 550 South Main Street, Orange, California. ATTEST Allison Cheshire Clerk of the Board Specialist, Senior June 4, 2021 Page 3 of 3 OCTA RIVERSIDE COUNTY TRANSPORTATION COMMISSION March 4, 2022 To: State Route 91 Advisory Committee From: Kirk Avila, General 'Manager, Orange County Transportation Authority Jennifer Crosson, Toll Program Director, Riverside County Transportation Committee Subject: 91 Express Lanes Status Reports Overview The 91 Express Lanes status reports for the months of May 2021 through December 2021 have been prepared for State Route 91 Advisory Committee review. The reports highlight operational and financial activities for both the Orange County Transportation Authority and Riverside County Transportation Commission segments of the 91 Express Lanes. Recommendation Receive and file the 91 Express Lanes Status Reports for the months of May 2021 through December 2021. Background The joint monthly status reports are prepared to document 91 Express Lanes activities and are provided for State Route 91 Advisory Committee review. Discussion For the months of May 2021 through December 2021, gross potential toll revenues and traffic volumes in the 91 Express Lanes for both the Orange County Transportation Authority (OCTA) and Riverside County Transportation Commission (RCTC) segments increased as compared to the same periods in 2020, as a result of the coronavirus (COVID-19) pandemic and the State's stay-at-home orders, beginning in March 2020, for residents to stay at home and refrain from non -essential travel. Orange County Transportation Authority 550 South Main Street /P.O. Box 14184 / Orange / California 92863-1584 / (714) 560-OCTA (6282) Riverside County Transportation Commission 4080 Lemon Street, r Floor/ Riverside / CA 92501 / (951) 787-7141 91 Express Lanes Status Reports Page 2 • As of the end of December 2021, for the OCTA segment, the 2021-22 fiscal year-to-date traffic volume and gross potential toll revenue increased by 45.9 percent and 38.3 percent, respectively. For the RCTC segment, a fiscal year-to-date comparison reflects an increase in traffic volume of 47.7 percent and an increase of 59.8 percent in gross potential toll revenue. Staff will continue to closely monitor traffic and revenue data and report back to the State Route 91 Advisory Committee regularly. Summary The 91 Express Lanes status reports for the months of May 2021 through December 2021 are provided for review. The report highlights operational and financial activities. Attachments A. 91 Express Lanes Status Report — As of May 31, 2021 B. 91 Express Lanes Status Report — As of June 30, 2021 C. 91 Express Lanes Status Report — As of July 31, 2021 D. 91 Express Lanes Status Report — As of August 31, 2021 E. 91 Express Lanes Status Report — As of September 30, 2021 F. 91 Express Lanes Status Report — As of October 31, 2021 G. 91 Express Lanes Status Report — As of November 30, 2021 H. 91 Express Lanes Status Report — As of December 31, 2021 • • ATTACHMENT A • • • OCTA Orange County Transportation Authority Riverside County Transportation Commission Express �i Lanes Status Report May 2021 As of May 31, 2021 • • Table of Contents Operations Overview OCTA 3 Traffic and Revenue Statistics for OCTA 3 OCTA Traffic and Revenue Summary 5 OCTA Eastbound Peak -Hour Volumes 6 OCTA Westbound Peak -Hour Volumes 7 OCTA Operational Highlights 8 Financial Highlights OCTA 9 Operations Overview RCTC 9 Traffic and Revenue Statistics for RCTC 10 RCTC Traffic and Revenue Summary 12 RCTC Peak -Hour Volumes 13 RCTC Eastbound Peak -Hour Volumes 13 RCTC Westbound Peak -Hour Volumes 15 RCTC Operational Highlights 17 Financial Highlights RCTC 18 Joint Agency Trip and Revenue Statistics 19 Joint Agency Traffic Statistics 19 Joint Agency Performance Measures 20 Joint Agency Transponder Distribution 20 Incoming Email Activity 21 Operational Activity 22 10Ai LsaExpress 2 • OPERATIONS OVERVIEW OCTA TRAFFIC AND REVENUE STATISTICS FOR OCTA Total traffic volume on the 91 Express Lanes for May 2021 was 1,577,066. This represents a daily average of 50,873 vehicles. This is a 105.7 percent increase in total traffic volume from the same period last year, which totaled 766,588 and was the third month of the State of California's stay-at-home order due to the coronavirus (COVID-19) pandemic. Potential toll revenue for May was $4,804,320, which represents an increase of 85.2 percent from the prior year's total of $2,594,469. Carpool percentage for May was 22.8 percent as compared to the previous year's rate of 23.8 percent. As compared to May 2019, traffic volume increased by 2.6 percent and revenue increased by 5.1 percent. Traffic volumes are returning to pre-COVID-19 levels as Southern California counties entered into less restrictive tiers of the State's Blueprint for a Safer Economy plan in May. Month -to -date traffic and revenue data is summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the Orange County Transportation Authority (OCTA) 91 Express Lanes and associated potential revenue for the month of May 2021. • • Current Month -to -Date (MTD) as of May 31, 2021 Trips May -21 MTD Actual May -20 MTD Actual Yr 21-to-Yr 20 % Variance May -19 MTD Actual Yr 21-to-Yr 19 Variance Full Toll Lanes 1,218,007 584,419 108.4% 1,119,465 8.8% 3+Lanes 359,059 182,169 97.1% 417,578 (14.0%) Total Gross Trips 1,577,066 766,588 105.7% 1,537,043 2.6% Revenue Full Toll Lanes $4,760,306 $2,550,977 86.6% $4,485,490 6.1 % 3+ Lanes $44,014 $43,492 1.2% $86,806 (49.3°+ Total Gross Revenue $4,804,320 $2,594,469 85.2% $4,572,297 5.1 % Average Revenue per Trip Average Full Toll Lanes $3.91 $4.36 ;1 $4.01 Average 3+ Lanes $0.12 $0.24 (50.0%) $0.21 (42 3' Average Gross Revenue $3.05 $3.38 (9.8%) $2.97 2.5% • Express / Lanes 3 The 2021 fiscal year-to-date traffic volume decreased by 2.1 percent and potential toll revenue increased by 2 percent, when compared with the same period last year. Year-to-date average revenue per trip is $3.21. Fiscal year-to-date traffic and revenue data are summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the OCTA 91 Express Lanes and associated potential revenue for the months of July 2020 through May 2021. Fiscal Year (FY) 2020-21 Year -to -Date (YTD) as of May 31, 2021 Trips FY 2020-21 YTD Actual FY 2019-20 YTD Actual Yr-to-Yr % Variance Full Toll Lanes 10,708,596 10,417,533 2.8% 3+ Lanes 2,946,898 3,526,596 (16.4%) Total Gross Trips 13,655,494 13,944,129 (2 1%) Revenue Full Toll Lanes $43,369,406 $42,382,105 2.3% 3+ Lanes $525,648 $662,458 (20.7%) Total Gross Revenue $43,895,055 $43,044,563 2.0% Average Revenue per Trip Average Full Toll Lanes $4.05 $4.07 Average 3+ Lanes $0.18 $0.19 5.3%) Average Gross Revenue $3.21 $3.09 3.9% tilitExpress 1 Lanes 4 • • • • • • OCTA Traffic and Revenue Summary The chart below reflects the total trips breakdown between full toll trips and high -occupancy vehicle (HOV3+) trips for FY 2020-21 on a monthly basis. The chart below reflects the gross potential revenue breakdown between full toll trips and HOV3+ trips for FY 2020-21 on a monthly basis. 1,048,523 1,138,068 1.197,856 1,218,007 832,236 899,004 919,568 880.050 852,110 929.879 793,293 • Express J Lames 5 OCTA EASTBOUND PEAK -HOUR VOLUMES Peak -hour traffic in the eastbound direction reached or exceeded 90 percent of defined capacity 15 times during the month of May 2021. As demonstrated on the next chart, westbound peak -hour traffic volumes top out at 79 percent of defined capacity. Monday 05103121 Tuesday 05104121 Wednesday 05105121 Thursday 05106121 Friday 05107121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 55.15 388 2,642 78% $5.15 369 2,591 76% $5.15 367 3,044 90% 56.95 397 3,155 93% $8.10 454 2,852 84% 1500-1600 65.50 490 3,048 90% 54.75 502 3,438 101% $7.25 496 2,817 83% $7.25 508 2,775 82% 57.65 536 2,908 86% 1600-1700 54.35 354 3,159 93% 55.00 339 2,474 73% $6.50 335 2,857 84% $6.80 343 3,006 88% $7.45 387 2,740 81% 1700 - 1800 54.80 335 2,665 78% $4.90 363 2,936 86% $5.40 393 3,001 88% $6.70 397 2,970 87% $6.55 461 2,861 84% 1800 - 1900 $5.50 380 1,958 58% $3.95 430 2,617 77% $3.95 448 2,767 81% 54.35 509 2,767 81% $6.55 580 2,690 79% 1900-2000 $3.85 282 1,183 35% $3.85 329 1,471 43% $3.85 338 1,543 45% $5.60 427 1,764 52% $6.05 524 1,955 58% Monday 05110121 Tuesday 05111121 Wednesday 05112121 Thursday 05113121 Friday 05114121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 $5.15 398 2,738 81% $5.15 359 2,629 77% $5.15 390 3,038 89% 56.95 433 3,202 94% 58.10 537 3,036 89% 1500-1600 $5.50 478 2,960 87% 54.75 433 3,231 95% $7.25 507 2,946 87% $7.25 496 2,757 81% $7.65 559 2,974 87% 1600 - 1700 54.35 379 3,149 93% $5.00 317 2,657 78% $6.50 319 2,800 82% 56.80 338 2,799 82% $7.45 361 2,657 78% 1700 - 1800 $4.80 356 2,702 79% $4.90 384 2,913 86% $5.40 417 3,041 89% $6.70 394 2,815 83% $6.55 438 2,830 83% 1800 - 1900 $5.50 469 2,317 68% 53.95 445 2,674 79% $3.95 488 2,683 79% $4.35 546 2,934 86% $6 55 514 2,400 71% 1900-2000 $3.85 360 1,354 40% $3.85 345 1,464 43% $3.85 389 1,641 48% $5.60 433 1,854 55% $6.05 498 1,975 58% Monday 05117121 Tuesday 05118121 Wednesday 05119121 Thursday 05120121 Friday 05121121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400 - 1500 $5.15 354 2,629 77% $5.15 397 2,698 79% $5.15 381 2,940 86% 66.95 435 3,227 95% 58.10 503 2,938 86% 1500 - 1600 $5.50 469 3,038 89% 54.75 492 3,321 98% $7.25 463 2,714 80% $7.25 536 2,757 81% $7.65 524 2,814 83% 1600 - 1700 54.35 392 3,303 97% $5.00 301 2,552 75% $6.50 313 2,793 82% 56.80 322 2,822 83% $7.45 394 2,873 85% 1700-1800 $4.80 367 2,585 76% $4.90 392 2,996 88% $5.40 409 3,009 89% $6.70 391 2,920 86% $6.55 405 2,864 84% 1800- 1900 $5.50 380 1,862 55% $3.95 431 2,491 73% $3.95 472 2,883 85% $4.35 505 2,766 81% $6.55 473 2,404 71% 1900-2000 $3.85 318 1,192 35% 53.85 271 1,357 40% $3.85 375 1,569 46% 55.60 435 1,835 54% $6.05 518 1,980 58% Monday 05124121 Tuesday 05125121 Wednesday 05126121 Thursday 05127121 Friday 05128121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 $5.15 375 2,728 80% $5.15 418 2,732 80% $5.15 404 2,945 87% 56.95 482 3,311 97% $8.10 588 2,944 87% 1500-1600 $5.50 503 2,998 88% $4.75 474 3,225 95/ $7.25 480 2,756 81% $7.25 520 2,595 76% $7.65 602 2,832 83% 1600-1700 54.35 385 3,235 95% $5.00 324 2,558 75% $6.50 353 2,923 86% $6.80 335 2,766 81% 57.45 477 2,793 82% 1700-1800 $4.80 311 2,649 78% 54.90 393 2,934 86% 55.40 439 3,059 90% 56.70 405 2,801 82% 56.55 468 2,585 76% 1800-1900 $5.50 423 2,159 64% $3.95 459 2,706 80% $3.95 510 2,881 85% $4.35 545 2,900 85% $6.55 522 2,162 64% 1900-2000 $3.85 355 1,344 40% $3.85 355 1,451 43% 53.85 385 1,672 49% 55.60 481 2,106 62% $6.05 522 1,853 55% Monday 05131121 Tuesday 06101121 Wednesday 06102121 Thursday 06103121 Friday 06104121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400 - 1500 $4.25 373 1,105 33% 1500 - 1600 $4.25 385 1,121 33% 1600 - 1700 $4.25 353 1,016 30% 1700 - 1800 $4.25 385 943 28% 1800 - 1900 $4.25 386 992 29% 1900 - 2000 $4.25 461 1,030 30% Express Lanes 6 • • • • • Monday 05103121 Tuesday 05104121 Wednesday 05105121 Thursday 05106121 Friday 05107121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $3.05 381 1,224 36% $3.05 403 1,263 37% $3.05 420 1,270 37% $3.05 402 1,255 37% $3.05 338 1,029 30% 0500 - 0600 $4.95 558 2,465 73% $4.95 591 2,499 74% $4.95 582 2,570 76% $4.95 572 2,488 73% $4.70 512 2,234 66% 0600.0700 $5.15 404 2,430 71% $5.15 422 2,537 75% $5.15 370 2,447 72% $5.15 426 2,458 72% $4.95 341 2,257 66% 0700-0800 $5.65 394 2,413 71% $5.65 391 2,606 77% $5.65 400 2,530 74% $5.65 438 2,580 76% $5.50 416 2,346 69% 0800.0900 $5.15 244 2,220 65% $5.15 218 2,279 67% $5.15 244 2,243 66% $5.15 247 2,334 69% $4.95 288 2,112 62% 0900-1000 $4.10 196 1,860 55% $4.10 215 2,068 61% $4.10 231 2,031 60% $4.10 224 1,917 56% 54.10 253 1,651 49% Monday 05110121 Tuesday 05111121 Wednesday 05112121 Thursday 05113121 Friday 05114121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $3.05 390 1,236 36% $3.05 396 1,270 37% $3.05 391 1,248 37% $3.05 399 1,192 35% $3.05 362 1,106 33% 0500 - 0600 $4.95 575 2,457 72% $4.95 592 2,453 72% $4.95 602 2,435 72% $4.95 616 2,483 73% $4.70 485 2,203 65% 0600-0700 $5.15 382 2,349 69% $5.15 381 2,476 73% $5.15 438 2,578 76% $5.15 421 2,425 71% $4.95 356 2,204 65% 0700 - 0800 $5.65 419 2,487 73% $5.65 424 2,531 74% $5.65 396 2,540 75% $5.65 397 2,494 73% $5.50 380 2,142 63% 0800 - 0900 $5.15 265 2,121 62% $5.15 263 2,207 65% $5.15 284 2,313 68% $5.15 262 2,277 67% $4.95 272 1,982 58% 0900-1000 $4.10 218 1,682 49% $4.10 168 1,769 52% $4.10 194 1,765 52% $4.10 225 1,972 58% $4.10 222 1,577 46% Monday 05/17121 Tuesday 05118121 Wednesday 05119121 Thursday 05120121 Friday 05121121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $3.05 398 1,237 36% $3.05 428 1,299 38% $3.05 434 1,280 38% $305 399 1,223 36% 5305 354 1,052 31% 0500-0600 $4.95 560 2,410 71% $4.95 593 2,445 72% $4.95 581 2,434 72% $4.95 581 2,435 72% $4.70 466 2,192 64% 0600 - 0700 $5.15 404 2,453 72% $5.15 414 2,520 74% $5.15 394 2,472 73% $5.15 411 2,423 71% $4.95 376 2,297 68% 0700-0800 $5.65 389 2,439 72% $5.65 450 2,513 74% $5.65 387 2,461 72% $5.65 413 2,462 72% $5.50 400 2,223 65% 0800-0900 $5.15 260 2,120 62% $5.15 282 2,231 66% $5.15 261 2,213 65% $5.15 254 2,163 64% $4.95 264 2,064 61% 0900 - 1000 $4.10 208 1,614 47% $4.10 209 1,976 58% $4.10 199 1,753 52% $4.10 204 1,782 52% $4.10 259 1,699 50% Monday 05124121 Tuesday 05125121 Wednesday 05126121 Thursday 05127121 Friday 05128121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400 - 0500 $3.05 384 1,182 35% $3.05 412 1,280 38% $3.05 396 1,263 37% $3.05 394 1,200 35% $3 05 319 1,000 29% 0500 - 0600 $4.95 532 2,506 74% $4.95 547 2,591 76% $4.95 581 2,549 75% $4.95 574 2,468 73% $4.70 452 2,060 61% 0600 - 0700 $5.15 387 2,481 73% $5.15 434 2,673 79% $5.15 417 2,612 77% $5.15 438 2,463 72% $4.95 347 2,085 61% 0700-0800 $5.65 425 2,564 75% $5.65 418 2,599 76% $5.65 422 2,619 77% $5.65 452 2,574 76% $5.50 400 2,201 65% 0800-0900 $5.15 266 2,407 71% $5.15 285 2,232 66% $5.15 304 2,501 74% $5.15 280 2,190 64% $4.95 266 1,797 53% 0900-1000 $4.10 265 1,845 54% $4.10 274 2,182 64% $4.10 292 2,311 68% $4.10 264 2,035 60% $4.10 255 1,627 48% Monday 05131121 Tuesday 06101121 Wednesday 06102121 Thursday 06103121 Friday 06104121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400 - 0500 $1.70 54 114 3% 0500 - 0600 $1.70 68 197 6% 0600 - 0700 $1.70 64 257 8% 0700 - 0800 $1.70 117 347 10% 0800 - 0900 $2.50 212 689 20% 0900 - 1000 $3.60 365 1,091 32% tifill!AExpress A Lanes OCTA OPERATIONAL HIGHLIGHTS On -Road Operations OCTA customer assistance specialists (CAS) responded to 111 calls during the month of May. Of those calls, 83 were to assist disabled vehicles and 16 calls to remove debris. The CAS provided assistance to 12 accidents in the Express Lanes with two of those accidents originating in the State Route 91 general purpose lanes. 91 Express Lanes Back -Office System (BOS) Development Update In February, Cofiroute USA, LLC (CUSA) notified OCTA and the Riverside County Transportation Commission (RCTC) of a delay to the implementation of the new BOS for the 91 Express Lanes for both Orange and Riverside counties as a result of the COVID-19 pandemic. CUSA is the current operator of the 91 Express Lanes for both OCTA and RCTC and is the firm selected for the design, development, and implementation of the new BOS, as well as the customer service center operation, once the current contract expires on June 30, 2021. In anticipation that the future contractor would not be able to meet the go -live date in July 2021, the OCTA Board of Directors approved an amendment to the current three -party agreement between CUSA, RCTC, and OCTA, which allowed for six one -month optional extension periods. Staff from both agencies are continuing to work with CUSA to meet the revised anticipated go -live date in October 2021. 91 Express Lanes Toll Entrance Gantries Infrastructure Project Update OCTA entered into an agreement with the California Department of Transportation (Caltrans) to provide construction and construction management services for the 91 Express Lanes Toll Entrance Gantries Infrastructure Project. This project entails constructing new toll gantries infrastructure at the three entrances of the OCTA 91 Express Lanes. Caltrans advertised the project in March 2021, and the project was awarded in May. The contract is expected to be executed in June with notice to proceed to occur in July. Upon completion of the infrastructure project, Kapsch TrafficCom USA, Inc., the toll lanes system integrator for the 91 Express Lanes, will install new Electronic Toll and Traffic Management system equipment onto the new gantries. &Express Lanes 8 • • • • FINANCIAL HIGHLIGHTS OCTA • • 91 Express Lanes Operating Statement YTD as of : -'31/20` YTD Variance Description Actual (1) I Budget (1) Dollar $ Percent (%) Operating revenues: Toll Revenue $ 40,506,218.86 $ 29,848,395.00 $ 10,657,823.86 35.7 Fee Revenue 4,973,283.39 1,938,673.00 3,034,610.39 156.5 Total operating revenues 45,479,502.25 31,787,068.00 13,692,434.25 43.1 Operating expenses: Contracted Services 6,168,336.14 6,597,360.00 429,023.86 6.5 Administrative Fee 2,746,865.00 2,861,606.00 114,741.00 4.0 Other Professional Services 1,032,278.79 2,950,514.00 1,918,235.21 65.0 Credit Card Processing Fees 964,469.89 836,280.00 (128,189.89) (15.3) Toll Road Account Servicing 574,808.34 541,500.00 (33,308.34) (6.2) Other Insurance Expense 405,715.40 804,075.00 398,359.60 49.5 Toll Road Maintenance Supply Repairs 139,909.31 2,178,480.00 2,038,570.69 93.6 Patrol Services 723,131.25 967,093.00 243,961.75 25.2 Building Equipment Repairs and Maint 719,192.99 1,145,779.00 426,586.01 37.2 6C Transponders - 187,500.00 187,500.00 100.0 Other Services (5) (982,530.32) 48,885.00 1,031,415.32 2,109.9 Utilities 41,630.90 105,380.00 63,749.10 60.5 Office Expense 9,966.48 84,717.00 74,750.52 88.2 Bad Debt Expense 142,788.65 - (142,788.65) N/A Miscellaneous (2) 42,438.44 126,546.00 84,107.56 66.5 Leases 431,341.67 444,400.00 13,058.33 2.9 Total operating expenses 13,160,342.93 19,880,115.00 6,719,772.07 33.8 Depreciation and Amortization (3) 3,945,884.07 - (3,945,884.07) N/A Operating income (loss)! 28,373,275.25 11,906,953.00 16,466,322.25 1 138.3 Nonoperating revenues (expenses): Reimbursement from Other Agencies 421,751.62 937,500.00 (515,748.38) (55.0) Interest Income 3,922,322.03 1,348,864.00 2,573,458.03 190.8 Interest Expense r (3,926,974.71)r (4,032,369.00) 105,394.29 ' 2.6 Other 11,462.08 - 11,462.08 N/A Total nonoperating revenues (expenses) 428,561.02 (1,746,005.00) 2,174,566.02 124.5 Transfers In - - - N/A Transfers Out (4) (10,858,899.77) (35,846,100.00) 24,987,200.23 69.7 Net income (loss)! $ 17,942,936.50 1 $ (25,685,152.00) $ 43,628,088.50 (169.9) 'Actual amounts are accounted for on the accrual basis of accounting in an enterprise fund. Budget amounts are accounted for on a modified accrual basis of accounting. 'Miscellaneous expenses include: Bond Insurance Costs, Bank Service Charge, Transponder Materials. 'Depreciation and amortization are not budgeted items. °Transfers Out: For M2 Ffoject I and Project J expense reimbursements. 'Litigation settlement was accrued, the negative w ill be offset once the litigation payment is issued. Capital Asset Activity During the eleven months ending May 31, 2021, capital asset activities included $11,453 for the replacement of the air-conditioning units for the eastbound toll plaza, $810,223 for the BOS replacement project, and $2,491,662 for payment of 6C implementation costs for the Electronic Toll and Traffic Management system. &Express Lanes 9 OPERATIONS OVERVIEW RCTC TRAFFIC AND REVENUE STATISTICS FOR RCTC Total traffic volume on the 91 Express Lanes for May 2021 was 1,357,183. This represents a daily average of 43,780 vehicles. This is a 106.3 percent increase in total traffic volume from the same period last year, which totaled 657,795 and was the third month of the COVID-19 stay-at-home order. Potential toll revenue for May was $4,371,441, which represents an increase of 132 percent from the prior year's total of $1,884,440. Carpool percentage for May was 21.1 percent as compared to the previous year's rate of 22.1 percent. As compared to May 2019, traffic volume increased by 0.1 percent while revenue decreased by 18.5 percent. Traffic volumes are returning to pre-COVID-19 levels as Southern California counties enter into less restrictive tiers of the State's Blueprint for a Safer Economy plan in May. Month -to -date traffic and revenue data is summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the RCTC 91 Express Lanes and associated potential revenue for the month of May 2021. Current Month -to -Date as of May 31, 2021 Trips MAY -21 MTD Actual Stantec MTD Projected # Variance % Variance MAY -20 MTD Actual Yr 21-to-Yr 20 % Variance May -19 MTD Actual Yr 21-to-Yr 19 % Variance Full Toll Lanes 1,070,406 1,087,829 512,594 108.8% 1,008,723 6.1% 3+ Lanes 286,777 358,886 145,201 97.5% 347,560 (17.5'.) Total Gross Trips 1,357,183 1,446,714 657,795 106.3% 1,356,283 0.1% Revenue Full Toll Lanes $4,328,328 $4,819,143 $1,860,290 132.7% $5,313,798 18.5%) 3+Lanes $43,113 $0 $43,113 ������%���A $24,150 78.5% $46,697 (T7%) Total Gross Revenue $4,371,441 $4,819,143 c='--- ' - $1,884,440 132.0% $5,360,495 (185"4) Average Revenue per Trip Average Full Toll Lanes $4.04 $4.43 ($0.39) (8.8�%�/ $3.63 11.3% $5.27 (23.3`/o) Average 3+ Lanes $0.15 $0.00 $0.15 � //� �������1 $0.17 (11 f'•" • $0.13 15.4% Average Gross Revenue $3.22 $3.33 ($0.11) (3.3%) $2.86 12.6% $3.95 (18.5%) etExpress 1 Lanes 10 • • • • The 2021 fiscal year-to-date traffic volume decreased by 5.2 percent and potential toll revenue decreased by 24 percent, when compared with the same period last year. Year-to-date average revenue per -trip is $3.37. Fiscal year-to-date traffic and revenue data are summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the RCTC 91 Express Lanes and associated potential revenue for the months of July 2020 through May 2021. FY 2020-21 Year -to -Date as of May 31, 2021 Trips FY 2020-21 YTD Actual Stantec YTD Projected # Variance % Variance FY 2019-20 YTD Actual Yr-to-Yr % Variance Full Toll Lanes 9,211,904 11,153,300 (i,�4i,.:.)�iu) )1i.4`zc 9,342,545 )1.4r) 3+Lanes 2,368,854 3,629,714 (1,260,860) (34.7%) 2,874,648 (17.6%) Total Gross Trips 11,580,758 14,783,014 (3 202 2561 (21.7% 12,217,193 (5 2%1 Revenue Full Toll Lanes $38,617,453 $48,110,571 $3,967 0.0% $51,003,714 (24.3%) 3+Lanes $407,902 $0 $407,902 //////.A $346,167 17.8% Total Gross Revenue $39,025,355 $48,110,571 $411,870 1.1% $51,349,881 Average Revenue per Trip Average Full Toll Lanes $4.19 $4.31 $0.73 21.1% $5.46 Average 3+ Lanes $0.17 $0.00 $0.17 $0.12 41.7% Average Gross Revenue $3.37 $3.25 $0.76 29.1% $4.20 Express Lanes 11 RCTC Traffic and Revenue Summary The chart below reflects the total trips broken down between full toll lanes and HOV3+ lanes for FY 2020-21 on a monthly basis. 1 +300.000 1 400 000 1200 000 1.000,000 800,000 0 600,000 400,000 200.000 0 FY 2020-21 Traffic Volume Overview 196,613 222.865 212.374 202,011 994.294 1.030.130 1,070.406 718.572 771,951 787,711 879.975 763.738 729,424 791.824 673,879 Jul -20 Aug -20 Sep -20 Oct -20 Nov -20 Dec -20 Jan -21 Month Feb -21 Mar -21 Apr -21 May -21 Jun -21 ■Full Toll Lanes •3+ Lanes The chart below reflects the gross potential revenue breakdown between full toll lanes and HOV3+ lanes for FY 2020-21 on a monthly basis. Express • Lanes Aug -20 Sep -20 Oct -20 Nov -20 Dec -20 Jan -21 Feb -21 t:lar-21 Apr -21 May -21 Jun -21 Month 12 • • e • • • RCTC PEAK -HOUR VOLUMES In May, several peak period toll rates were adjusted in response to traffic volumes. A plan is in place to monitor traffic volumes and adjust toll rates as traffic returns to pre-COVID-19 volumes. RCTC EASTBOUND PEAK -HOUR VOLUMES Eastbound PM Peak - County Line to McKinley Monday 05103/21 Tuesday 05104121 Wednesday 05105121 Thursday 05106121 Friday 05/07121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400. 1500 $5.30 165 961 1,126 D $5.30 173 1019 1,192 D $8.95 179 1077 1,256 E 910.95 185 1,120 1,305 F 924.95 272 1,125 1,397 F 1500 - 1600 $8.95 221 1041 1,262 E 910.95 216 1017 1,233 E 913.95 199 940 1,139 D 916.95 241 1,036 1,277 E $24.95 266 953 1,219 E 1600 - 1700 $6.95 137 988 1,125 D $6.95 168 956 1,124 D 96.95 199 996 1,195 D $8.95 173 1,056 1,229 E $14.95 240 1,069 1,309 F 1700 - 1800 $5.30 160 974 1,134 D $5.30 168 1053 1,221 E $5.30 193 1017 1,210 E $5.30 191 1,056 1,247 E $7.95 273 1,035 1,308 F 1800 - 1900 $4.20 183 754 937 C 94.20 233 902 1,135 D $5.30 225 994 1,219 E $5.30 263 989 1,252 E $5.30 304 969 1,273 E 1900-2000 92.25 115 414 529 B $2 25 142 519 661 B 92.25 163 540 703 B $2.25 195 685 880 C $2.25 225 750 975 C Monday 05110121 Tuesday 05/11/21 Wednesday 05112/21 Thursday 05113121 Friday 05/14121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400. 1500 $5.30 174 1057 1,231 E 95.30 160 1078 1,238 E $8.95 181 1090 1,271 E $10.95 210 1,124 1,334 F $24.95 310 1,022 1,332 F 1500 - 1600 98.95 217 951 1,168 D $10.95 202 978 1,180 D $13.95 233 970 1,203 E $16.95 252 995 1,247 E $24.95 256 866 1,122 D 1600 - 1700 96.95 193 1026 1,219 E $6.95 201 1036 1,237 E $6.95 172 1130 1,302 F $8.95 180 1,056 1,236 E $14.95 259 1,073 1,332 F 1700 - 1800 95.30 174 1047 1,221 E $5.30 169 1024 1,193 D $5.30 202 1061 1,263 E $5.30 174 1,052 1,226 E $7.95 221 1,028 1,249 E 1800 - 1900 $4.20 207 866 1,073 D $4.20 233 957 1,190 D $5.30 230 944 1,174 D $5.30 225 954 1,179 D 95.30 265 1,021 1,286 E 1900 - 2000 $2.25 159 532 691 B $2.25 159 542 701 B $2 25 176 574 750 B $2.25 217 784 1,001 D $2.25 243 775 1,018 D Monday 05117121 Tuesday 05118/21 Wednesday 05119121 Thursday 05120121 Friday 05121/21 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400 - 1500 $5.30 159 1002 1,161 D $5.30 171 1132 1,303 F $8.95 154 1048 1,202 E $10.95 205 1,057 1,262 E $24.95 325 1,062 1,387 F 1500 - 1600 98.95 213 925 1,138 D 910 95 218 939 1,157 D 913.95 191 1070 1,261 E $16.95 215 1,002 1,217 E $24.95 285 973 1,258 E 1600 - 1700 $6.95 196 945 1,141 D $6.95 157 1032 1,189 D $6.95 188 1042 1,230 E $8.95 206 987 1,193 D $14.95 243 976 1,219 E 1700. 1800 $5.30 170 1058 1,228 E $5.30 167 1010 1,177 D $5.30 193 1064 1,257 E $5.30 153 1,086 1,239 E $7.95 280 1,067 1,347 F 1800 - 1900 94.20 193 666 859 C $4.20 218 875 1,093 D $5.30 225 985 1,210 E 95.30 241 959 1,200 D 95.30 268 977 1,245 E 1900 - 2000 $2.25 148 372 520 B $2.25 143 498 641 B $2.25 175 603 778 B $2.25 181 764 945 C $2.25 239 787 1,026 D Monday 05124/21 Tuesday 05125121 Wednesday 05126121 Thursday 05/27121 Friday 05128121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400 - 1500 $5 30 180 977 1,157 D $5.30 183 1102 1,285 E $8.95 201 1055 1,256 E $10.95 270 1,317 1,587 F $24.95 396 1,010 1,406 F 1500 - 1600 08.95 210 1029 1,239 E 910.95 199 943 1,142 D 013.95 203 1004 1,207 E 916.95 244 988 1,232 E $24.95 313 783 1,096 D 1600. 1700 $6.95 173 1062 1,235 E $6.95 194 990 1,184 D $6.95 202 1086 1,288 E $8.95 212 1,008 1,220 E $14.95 363 927 1,290 E 1700. 1800 $5.30 143 966 1,109 D $5.30 179 952 1,131 D $5.30 223 1065 1,288 E $5.30 215 996 1,211 E $7.95 319 994 1,313 F 1800. 1900 94.20 229 837 1,066 D $4.20 210 978 1,188 D $5.30 257 1003 1,260 E $5.30 248 1,045 1,293 E $5.30 277 820 1,097 D 1900.2000 $2.25 158 477 635 B $2.25 173 525 698 B $2.25 188 650 838 C $2.25 261 871 1,132 D $2.25 267 670 937 C Monday 05131121 Tuesday 06101121 Wednesday 06102121 Thursday 06/03/21 Friday 06/04/21 PM Time Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $2.25 166 372 538 B 1500 - 1600 $2.25 161 387 548 B 1600.1700 $2.25 168 291 459 B 1700 - 1800 $2.25 154 273 427 B 1800 - 1900 $2.25 186 290 476 B 1900 - 2000 $2.25 227 263 490 B etExpress A Lanes 13 County Line to I-15 South Monday 05103121 Tuesday 05104121 Wednesday 05105121 Thursday 05106121 Friday 05107121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 55.30 122 679 801 C $5.30 127 784 911 C $5.30 115 812 927 C $5.30 103 762 865 C $5.30 141 729 870 C 1500 - 1600 $5.30 149 742 891 C 55.30 121 788 909 C 55.30 108 789 897 C 55.30 108 667 775 B 5530 146 704 850 C 1600-1700 $2.95 90 671 761 B $5.30 100 637 737 B $5.30 108 774 882 C 55.30 94 769 863 C 5295 123 685 808 C 1700-1800 $2.95 92 707 799 B $2.95 82 713 795 B $2.95 91 783 874 C 55.30 120 756 876 C 52.95 139 643 782 B 1800-1900 $2.95 91 546 637 B 52.95 119 636 755 B 52.95 119 820 939 C $2.95 128 762 890 C $2.95 137 642 779 B 1900.2000 $1.95 64 308 372 A $1.95 70 367 437 B 52 95 92 487 579 B $2.95 130 510 640 B 5295 156 507 663 B Monday 05110/21 Tuesday 05/11121 Wednesday 05/12/21 Thursday 05113121 Friday 05114/21 PM Time Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 55.30 125 691 816 C 55.30 100 740 840 C 55.30 115 747 862 C 55.30 123 781 904 C $5.30 147 636 783 8 1500-1600 55.30 123 715 838 C $5.30 131 711 842 C $5.30 134 778 912 C $5.30 128 852 980 C 55.30 89 436 525 B 1600 - 1700 $2.95 89 653 742 B $5.30 91 676 767 B 55.30 89 592 681 B $5.30 90 667 757 B $2.95 128 711 839 C 1700.1800 $2.95 85 674 759 B $2.95 96 720 816 C 52.95 87 738 825 C 55.30 92 724 816 C $2.95 111 676 787 B 1800 - 1900 52.95 109 615 724 B $2.95 113 666 779 B $2.95 124 735 859 C $2.95 128 753 881 C $2.95 129 568 697 B 1900-2000 $1.95 100 342 442 B 51.95 93 421 514 B $2.95 97 419 516 B $2.95 102 515 617 B $2.95 147 456 603 B Monday 05117121 Tuesday 05/18121 Wednesday 05/19/21 Thursday 05120121 Friday 05121121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 55.30 109 654 763 B $5.30 105 785 890 C 55.30 111 755 866 C $5.30 120 842 962 C $5 30 152 668 820 C 1500-1600 $5.30 122 683 805 C $5.30 115 733 848 C $5.30 86 701 787 B 55.30 113 728 841 C $5 30 128 634 762 B 1600.1700 $2.95 83 713 796 B $5.30 95 640 735 B $5.30 87 671 758 B $5.30 98 694 792 B $2.95 139 680 819 C 1700.1800 $2.95 104 708 812 C $2.95 98 722 820 C $2.95 92 719 811 C $5.30 96 668 764 B $2.95 141 736 877 C 1800.1900 52.95 101 480 581 B $2.95 116 604 720 B $2.95 118 693 811 C 52.95 156 720 876 C 52.95 130 626 756 B 1900-2000 $1.95 86 301 387 A $1.95 85 409 494 B $2.95 123 476 599 B 52 95 111 493 604 B 5295 134 494 628 B Monday 05124121 Tuesday 05125121 Wednesday 05126121 Thursday 05/27121 Friday 05128/21 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $5.30 105 720 825 C 55.30 81 790 871 C $5.30 108 747 855 C $5.30 125 785 910 C $5.30 159 559 718 B 1500.1600 5530 104 702 806 C $5.30 112 749 861 C 55.30 99 715 814 C $5.30 117 726 843 C $5 30 151 521 672 B 1600.1700 52.95 95 722 817 C 55.30 91 672 763 B $5.30 98 661 759 B $5.30 115 658 773 B $2.95 152 542 694 B 1700-1800 $2.95 85 693 778 B $2.95 84 685 769 B $2.95 128 688 816 C $5.30 91 688 779 B $2.95 156 553 709 B 1800-1900 $2.95 118 614 732 8 $2.95 120 730 850 C $2.95 126 692 818 C $2.95 106 735 841 C $2.95 114 481 595 B 1900-2000 $1.95 75 350 425 B 51.95 77 401 478 B 52.95 124 501 625 B $2.95 121 603 724 B $2.95 118 452 570 B Monday 05131121 Tuesday 06101121 Wednesday 06102/21 Thursday 06103/21 Friday 06104/21 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400. 1500 $1.95 120 252 372 A 1500 - 1600 $1.95 111 230 341 A 1600 -1700 $1.95 92 207 299 A 1700 - 1800 $1.95 119 182 301 A 1800 - 1900 $1.95 124 209 333 A 1900 - 2000 $1.95 123 171 294 A • • Express J Lanes 14 • • • RCTC WESTBOUND PEAK -HOUR VOLUMES Westbound AM Peak - McKinley to County Line Monday 05/03121 Tuesday 05/04/21 Wednesday 05105121 Thursday 05106121 Friday 05/07121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 $5 30 171 459 630 B $5.30 194 455 649 B 95.30 201 465 666 B 95.30 195 460 655 B $2.25 168 349 517 B 0500 - 0600 99.95 316 1234 1,550 F $9.95 306 1257 1,563 F 99.95 298 1282 1,580 F $9.95 283 1,274 1,557 F $6.95 243 1,255 1,498 F 0600.0700 911.95 233 1231 1,464 F 912.95 219 1361 1,580 F 912.95 205 1262 1,467 F $11.95 235 1,257 1,492 F 96.95 173 1,130 1,303 E 0700.0800 $8.95 233 1393 1,626 F $8.95 235 1645 1,880 F $8.95 244 1565 1,809 F 97.95 266 1,630 1,896 F $5.30 218 1,415 1,633 F 0800 - 0900 $5.30 144 1325 1,469 F 95.30 135 1477 1,612 F $5.30 143 1344 1,487 F 95.30 150 1,384 1,534 F $2.25 169 1,079 1,248 E 0900 - 1000 $5.30 99 836 935 C 95.30 124 1036 1,160 D $5.30 120 937 1,057 D $5.30 128 919 1,047 D $2.25 140 735 875 C Monday 05/10/21 Tuesday 05111121 Wednesday 05112121 Thursday 05113121 Friday 05114/21 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 $5.30 181 413 594 B $5.30 204 428 632 B $5.30 204 428 632 B $5.30 204 387 591 B $2.25 180 374 554 B 0500 - 0600 $9.95 313 1137 1,450 F 99.95 287 1247 1,534 F $9.95 287 1247 1,534 F $9.95 326 1,058 1,384 F 96.95 264 1,094 1,358 F 0600-0700 $11.95 230 1187 1,417 F $12.95 225 1259 1,484 F 912.95 225 1259 1,484 F $11.95 225 1,166 1,391 F $6.95 191 1,135 1,326 E 0700 - 0800 $8.95 270 1512 1,782 F $8.95 241 1575 1,816 F 98.95 241 1575 1,816 F $7.95 258 1,429 1,687 F 95.30 247 1,255 1,502 F 0800.0900 95.30 183 1245 1,428 F 95.30 189 1381 1,570 F $5.30 189 1381 1,570 F 95.30 165 1,211 1,376 F 92.25 145 1,022 1,167 D 0900-1000 $5.30 104 791 895 C 95.30 102 854 956 C $5.30 102 854 956 C $5.30 129 1,038 1,167 D $225 125 703 828 C Monday 05117121 Tuesday 05118121 Wednesday 05119121 Thursday 05120121 Friday 05121121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 $5.30 186 428 614 B 95.30 215 471 686 B $5.30 217 423 640 B $5.30 200 455 655 B $2.25 168 405 573 B 0500-0600 $9.95 348 1173 1,521 F $9.95 344 1256 1,600 F $9.95 340 1183 1,523 F $9.95 286 1,184 1,470 F 96.95 227 1,120 1,347 E 0600 - 0700 $11.95 245 1254 1,499 F 912.95 224 1279 1,503 F $12.95 234 1332 1,566 F $11.95 198 1,252 1,450 F $6.95 199 1,131 1,330 E 0700 - 0800 $8.95 262 1478 1,740 F 98.95 294 1487 1,781 F 98.95 274 1576 1,850 F $7.95 229 1,581 1,810 F $5.30 227 1,242 1,469 F 0800.0900 $5.30 181 1284 1,465 F 05.30 165 1338 1,503 F $530 160 1222 1,382 F 95.30 136 1,294 1,430 F $2.25 154 1,105 1,259 E 0900-1000 $5.30 100 799 899 C $5.30 124 882 1,006 D $5.30 117 866 983 C 95.30 119 798 917 C $2.25 131 794 925 C Monday 05/24/21 Tuesday 05/25/21 Wednesday 05126121 Thursday 05/27/21 Friday 05128121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 $5.30 176 422 598 B $5.30 203 417 620 B $5.30 173 419 592 B $5.30 173 378 551 B $2.25 135 419 554 B 0500 - 0600 $9 95 298 1245 1,543 F $9.95 289 1300 1,589 F 99.95 305 1082 1,387 F $9.95 328 1,086 1,414 F 96.95 225 1,045 1,270 E 0600-0700 011.95 212 1267 1,479 F 912.95 208 1342 1,550 F 912.95 239 1257 1,496 F $11.95 246 1,133 1,379 F $6.95 182 1,125 1,307 E 0700 - 0800 98.95 286 1617 1,903 F 98.95 259 1550 1,809 F 98.95 270 1477 1,747 F $7.95 275 1,496 1,771 F $5.30 226 1,263 1,489 F 0800.0900 $5.30 177 1331 1,508 F 9530 193 1553 1,746 F $5.30 157 1321 1,478 F 95.30 165 1,287 1,452 F $2.25 146 1,008 1,154 D 0900 - 1000 $5.30 136 808 944 C 95.30 193 1184 1,377 F $5.30 151 1150 1,301 E $5.30 151 982 1,133 D $2 25 161 705 866 C Monday 05/31/21 Tuesday 06101121 Wednesday 06102121 Thursday 06103121 Friday 06104121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400 - 0500 $1.55 13 33 46 A 0500 - 0600 $1 55 28 68 96 A 0600 - 0700 $1.55 40 115 155 A 0700 - 0800 $1.55 65 132 197 A 0800 - 0900 $1.55 124 317 441 B 0900 - 1000 $2.25 256 532 788 B Express Lanes 15 -1-15 North to County Line Monday 05103121 Tuesday 05104121 Wednesday 05105121 Thursday 05106121 Friday 05107121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 S2.95 111 331 442 B $2.95 110 343 453 B $2.95 114 366 480 B $2.95 105 345 450 B $2.95 119 310 429 B 0500.0600 $6.85 161 816 977 C $6.85 160 797 957 C $6.85 143 846 989 C $6.85 136 884 1,020 D $5.30 134 683 817 C 0600-0700 $6.85 149 969 1,118 D $6.85 133 1010 1,143 D $6.85 116 1041 1,157 D $6.85 147 969 1,116 D $5.30 105 932 1,037 D 0700-0800 $6.85 128 982 1,110 D $6.85 114 971 1,085 D $6.85 114 970 1,084 D $6.85 134 1,033 1,167 D $2.95 118 861 979 C 0800-0900 $2.95 65 750 815 C $2.95 52 793 845 C $2.95 55 848 903 C $2.95 74 869 943 C $2 95 84 719 803 C 0900.1000 $2 95 61 543 604 B $2.95 53 620 673 B $2.95 65 610 675 B $2.95 60 598 658 B $2.95 76 518 594 B Monday 05110121 Tuesday 05111121 Wednesday 05112121 Thursday 05113121 Friday 05114121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 02.95 126 378 504 B $2.95 107 340 447 B $2.95 107 340 447 B $2 95 123 377 500 B $2.95 129 349 478 B 0500-0600 56.85 162 881 1,043 D $6.85 154 756 910 C $6.85 154 756 910 C $6.85 199 925 1,124 D $5.30 109 733 842 C 0600 - 0700 $6.85 137 918 1,055 D $6.85 128 983 1,111 D $6.85 128 983 1,111 D $6.85 157 1,040 1,197 D $5.30 108 832 940 C 0700-0800 $6.85 130 925 1,055 D $6.85 123 1039 1,162 D $6.85 123 1039 1,162 D $6.85 133 1,017 1,150 D $2.95 120 784 904 C 0800 - 0900 $2.95 78 728 806 C $2.95 86 826 912 C $2.95 86 826 912 C $2.95 91 937 1,028 D $2.95 64 675 739 B 0900-1000 $2.95 70 643 713 B $2.95 63 462 525 B $2.95 63 462 525 B $2.95 100 744 844 C $2.95 78 538 616 B Monday 05117121 Tuesday 05118121 Wednesday 05119121 Thursday 05120121 Friday 05121121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 $2.95 116 351 467 B $2.95 121 331 452 B $2.95 119 343 462 B $2.95 100 357 457 8 52.95 81 329 410 B 0500.0600 $6.85 166 788 954 C $6.85 155 772 927 C 56.85 149 814 963 C $6.85 147 860 1,007 D $5.30 106 749 855 C 0600-0700 $6.85 148 952 1,100 D 56.85 141 1,050 1,191 D $6.85 146 957 1,103 D $6.85 127 1,016 1,143 D $5.30 122 882 1,004 D 0700 - 0800 $6.85 128 1,012 1,140 D $6.85 140 1,043 1,183 D $6.85 129 945 1,074 D $6.85 129 950 1,079 D $2.95 130 811 941 C 0800-0900 $2.95 76 769 845 C $2.95 85 824 909 C $2.95 85 836 921 C $2.95 78 828 906 C $2.95 70 750 820 C 0900-1000 $2.95 60 534 594 B $2.95 72 592 664 B $2.95 64 606 670 B $2.95 72 584 656 B $2.95 81 535 616 8 Monday 05124/21 Tuesday 05125121 Wednesday 05126121 Thursday 05127121 Friday 05128121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 $2.95 127 358 485 B $2.95 135 355 490 B 52.95 97 429 526 B $2.95 114 362 476 6 $2.95 68 313 381 A 0500 - 0600 $6.85 129 869 998 C $6.85 136 869 1,005 D $6.85 147 953 1,100 D $6.85 159 907 1,066 D $5 30 110 686 796 B 0600-0700 $6.85 136 974 1,110 D $6.85 139 1043 1,182 D $6.85 149 1143 1,292 E $6.85 167 1,112 1,279 E 55.30 98 771 869 C 0700.0800 96.85 112 983 1,095 D $6.85 118 1115 1,233 E $6.85 146 1128 1,274 E $6.85 144 1,104 1,248 E $2.95 97 783 880 C 0800-0900 $2.95 73 895 968 C $2.95 89 850 939 C $2.95 107 1068 1,175 D $2.95 70 898 968 C $2.95 68 639 707 B 0900-1000 $2.95 91 548 639 B $2.95 66 587 653 B $2.95 81 745 826 C $2.95 79 623 702 B $2.95 72 440 512 B Monday 05131121 Tuesday 06101121 Wednesday 06102121 Thursday 06103121 Friday 06104121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 $1.95 24 15 39 A 0500 • 0600 $1.95 24 50 74 A 0600 • 0700 $1.95 20 72 92 A 0700 - 0800 $1.95 32 93 125 A 0800 -0900 51.95 52 171 223 A 0900 - 1000 $1.95 79 220 299 A &Express A Lanes 16 • • • • • • RCTC OPERATIONAL HIGHLIGHTS On -Road Operations RCTC Freeway Service Patrol responded to 79 calls during the month of May. Of those calls, 62 were to assist disabled vehicles, five calls to remove debris, and 12 were in response to accidents in the Express Lanes. 91 Express Lanes BOS Development Update In February, CUSA notified OCTA and RCTC of a delay to the implementation of the new BOS for the 91 Express Lanes for both Orange and Riverside counties as a result of the COVID-19 pandemic. CUSA is the current operator of the 91 Express Lanes for both OCTA and RCTC and is the firm selected for the design, development, and implementation of the new BOS, as well as the customer service center operation, once the current contract expires on June 30, 2021. In anticipation that the future contractor would not be able to meet the go -live date in July 2021, the OCTA Board of Directors approved an amendment to the current three -party agreement between CUSA, RCTC, and OCTA, which allowed for six one -month optional extension periods. Staff from both agencies are continuing to work with CUSA to meet the revised anticipated go -live date in October 2021. 04:Express Al Lanes 17 FINANCIAL HIGHLIGHTS RCTC RCTC 91 Express Lanes Operating Statement YTD as of : 5/31/2021 YTD Variance Description Actual Budget Dollar $ Percent (%) Operating revenues: Toll Revenue $ 35,754,377.76 $ 23,608,200.00 $ 12,146,177.76 51.4 Fee Revenue 5,779,337.17 2,246,291.67 3,533,045.50 157.3 Total operating revenues 41,533,714.93 25,854,491.67 15,679,223.26 60.6 Operating expenses: Salaries and Benefits 517,655.71 619,208.33 101,552.62 16.4 Legal Services 104,672.23 320,833.33 216,161.10 67.4 Advisory Services 57,833.86 68,750.00 10,916.14 15.9 Audit and Accounting Fees 31,550.00 33,000.00 1,450.00 4.4 Service Fees 1,541.32 18,333.33 16,792.01 91.6 Other Professional Services 513,038.13 2,402,583.33 1,889,545.20 78.6 Lease Expense 244,558.62 449,350.00 204,791.38 45.6 Operations 1,612,101.03 2,738,083.33 1,125,982.30 41.1 Utilities 20,289.44 74,800.00 54,510.56 72.9 Supplies and Materials 4,740.22 27,500.00 22,759.78 82.8 Membership and Subscription Fees 28,281.50 27,500.00 (781.50) (2.8) Office Equipment & Fumiture (Non -Capital) 4,706.87 13,750.00 9,043.13 65.8 Maintenance/Repairs 113,994.53 334,675.00 220,680.47 65.9 Training Seminars and Conferences (720.00) 2,108.33 2,828.33 134.2 Transportation Expenses - 3,666.67 3,666.67 100.0 Lodging - 3,208.33 3,208.33 100.0 Meals - 458.33 458.33 100.0 Other Staff Expenses - 458.33 458.33 100.0 Advertising 4,611.25 252,083.33 247,472.08 98.2 Program Management 68,486.59 152,258.33 83,771.74 55.0 Program Operations 7,121,006.97 7,916,058.33 795,051.36 10.0 Litigation Settlement - - - N/A Fumiture & Equipment - 279,'3.33 279,583.33 100.0 Improvements - - - N/A Bad Debt Expense 11,357.75 - (11,357.75) N/A Total operating expenses 10,459,706.02 15,738,250.00 5,278,543.98 33.5 Operating income (loss) 31,074,008.91 10,116,241.67 20,957,767.24 207.2 Nonoperating revenues (expenses): Interest Revenue 391,179.63 634,241.67 (243,062.04) 38.3 Other Miscellaneous Revenue 52,439.19 91.67 52,347.52 (57,106.4) Interest Expense (22,234,617.17) (6,526,575.00) (15,708,042.17) 240.7 Total nonoperating revenues (expenses) (21,790,998.35) (5,892,241.67) (15,898,756.68) (269.8) Transfers In - - - N/A Transfers Out (643,900.00) (939,858.33) 295,958.33 (31.5) Net income (loss) $ 8,639,110.56 $ 3,284,141.67 $ 5,354,968.89 163.1 Unaudited • Express i Lanes 3.8 • • • • • • JOINT AGENCY TRIP AND REVENUE STATISTICS MULTI AGENCY TRIP AND REVENUE STATISTICS MONTH ENDING May 31, 2021 MTD Transactions by Agency Transactions Using Both Segments %Using Both Segments Revenue Westbound OCTA 790,734 389,860 49% $2,166,913 RCTC 711,323 389,860 55% $2,274,368 1-15 274,699 216,730 79% $769,579 McKinley 436,624 173,130 40% $1,504,789 Eastbound OCTA 786,332 491,815 63% $2,637,407 RCTC 645,860 491,815 76% $2,097,073 1-15 248,225 198,269 80% $597,066 McKinley 397,635 293,546 74% $1,500,007 JOINT AGENCY TRAFFIC STATISTICS 900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 Joint Agency Traffic Statistics 55% 76% OCTA RCTC OCTA RCTC Westbound Eastbound ■ OCTA Transactions • RCTC Transactions ■ % of OCTA Transactions Using Both Segments ca % of RCTC Transactions Using Both Segments •, Lan press 19 JOINT AGENCY PERFORMANCE MEASURES REPORTING REQUIREMENT Reporting Period PERFORMANCE STANDARD May -21 Performance CUSTOM ER SERVICE Call Wait Time Abandon Rate Customer Satisfaction VIOLATION PROCESSING Monthly Not to exceed 2 minutes Monthly No more than 4.0% Monthly At least 75 outbound calls Response Time Monthly Within 2 business days of receipt CUSA Violation Collection Rate Quarterly 70% or more CUSA Violation Collection Rate Annually 74% or more TRAFFIC OPERATIONS Initial & Secondary Review s * Rate Misread Errors CAS Response Time Monthly Equal to or less than 15 days Monthly Equal to or less than 0.4% Monthly 0:20 (minutes) per call ACCOUNTING OCTA Exceptions Monthly No more than 3 RCTC Exceptions Monthly No more than 3 INFORMATION TECHNOLOGY Back -office System Uptime Monthly Monthly Netw ork Uptime CUSA = Cofiro ute USA; CAS = OCTA Customer Assistance Specialists *Plate M isread Erro r performance is current after a 60 -day ho Id -back period; therefo re, percentage reported here is for two months prio r to the month of this repo rt. 0.9 0.01% 0:15 1:30 1.8% 77 1.2 0 0 100% 99% Availability 99% Availability JOINT AGENCY TRANSPONDER DISTRIBUTION 100% T21 TRANSPONDER DISTRIBUTION May -21 April -21 FY 2020-21 Tags %of Total Tags %of Total Average To -Date Issued To New Accounts Additional Tags to Existing Accounts Replacement Transponders WAY Returned Account Closures Accounts Dow nsizing Defective Transponders Total Issued Total Returned 1,181 97.3% 22 1.8% 11 0.9% 1,214 1,785 100.0% 1,785 r r 1,425 11 12 1,448 98.4% 0.8% 0.8% 4,623 100.0% 4,623 844 97.1% 15 1.8% 10 1.2% 869 18 0.6% 4 0.1% 2,924 99.3% 2,946 • Express 1 Lanes 20 • • • • • 6C TRANSPONDER DISTRIBUTION May -21 April -21 Tags %of Total Tags "/ of Total FY 2020-21 Average To -Date Issued To New Accounts Additional Tags to Existing Accounts Replacement Transponders Total Issued 35,117 99.8% 61 0.2% 1 0.0% 35,179 39,080 99.9% 27 0.1% 1 0.0% 39,108 r 29,209 23 0.1% 1 0.0% 29,233 99.9% Returned Account Closures Accounts Dow nsizing Defective Transponders Total Returned At the end of May 2021, the 91 Express Lanes had 153,191 active customer accounts and 579,756 transponders classified as assigned. Number of Accounts by FY As of May 31, 2021 180,000 - 160,000 - 140,000 - 120,000 100,000 - 80,000 - 60,000 - 40,000 - 20,000 - 130,048 114,138 112,584 112,473 112,929 113,672 116,813 119,782 T N N N N N N tiro tit 148,054 149,803 153,191 140,694 Fiscal Year -r A� ti0 L'y Incoming Email Activity During May, the Anaheim Processing Center received 3,703 emails. &Express Lanes 21 Operational Activity Amid concerns about the spread of COVID-19 and following the State of California's guidance to help reduce its spread, the 91 Express Lanes Customer Walk -In Center was closed in March 2020 and will remain so until July 6, 2021. Operational activities in the Anaheim and Corona locations continued to function with a combination of remote workers and core staff located at the facilities. Core essential functions include aiding stranded motorists, providing incident management services, and dispatching emergency vehicles through the traffic operations center. The call center remains open to respond to customer service and violation calls. • Express A Lanes 22 • • • ATTACHMENT B • • • OCTA Orange County Transportation Authority Riverside County Transportation Commission &Express Lanes Status Report June 2021 As of June 30, 2021 • • • Table of Contents Operations Overview OCTA 3 Traffic and Revenue Statistics for OCTA 3 OCTA Traffic and Revenue Summary 5 OCTA Eastbound Peak -Hour Volumes 6 OCTA Westbound Peak -Hour Volumes 7 OCTA Operational Highlights 8 Financial Highlights OCTA 9 Operations Overview RCTC 10 Traffic and Revenue Statistics for RCTC 10 RCTC Traffic and Revenue Summary 12 RCTC Peak -Hour Volumes 13 RCTC Eastbound Peak -Hour Volumes 13 RCTC Westbound Peak -Hour Volumes 15 RCTC Operational Highlights 17 Financial Highlights RCTC 18 Joint Agency Trip and Revenue Statistics 19 Joint Agency Traffic Statistics 19 Joint Agency Performance Measures 20 Joint Agency Transponder Distribution 20 Incoming Email Activity 22 Operational Activity 22 • Express J Lanes 2 � OPERATIONS OVERVIEW OCTA TRAFFIC AND REVENUE STATISTICS FOR OCTA Total traffic volume on the 91 Express Lanes for June 2021 was 1,704,291. This represents a daily average of 56,810 vehicles. This is a 62.9 percent increase in total traffic volume from the same period last year, which totaled 1,046,473, and was the fourth month of the State of California's stay-at-home order due to the coronavirus (COVID-19) pandemic. Potential toll revenue for June was $5,078,868, which represents an increase of 46.6 percent from the prior year's total of $3,465,059. Carpool percentage for June was 22.5 percent as compared to the previous year's rate of 23.3 percent. As compared to June 2019, traffic volume increased by 15.3 percent and revenue increased by 22.5 percent. Traffic volumes have returned to pre-COVID-19 levels. Month -to -date traffic and revenue data is summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the Orange County Transportation Authority (OCTA) 91 Express Lanes and associated potential revenue for the month of June 2021. • • Current Month -to -Date (MTD) as of June 30, 2021 Trips Jun -21 MTD Actual Jun -20 MTD Actual Yr 21-to-Yr 20 % Variance Jun -19 MTD Actual Yr 21-to-Yr 19 % Variance Full Toll Lanes 1,320,950 802,501 64.6% 1,050,770 25.7% 3+ Lanes 383,341 243,972 57.1% 427,282 10.3%) Total Gross Trips 1,704,291 1,046,473 62.9% 1,478,052 15.3% Revenue Full Toll Lanes $5,028,385 $3,408,166 47.5% $4,074,814 23.4% 3+ Lanes $50,484 $56,892 (11 .b $77,348 (34.7%) Total Gross Revenue $5,078,868 $3,465,059 46.6% $4,152,162 22.3% Average Revenue per Trip Average Full Toll Lanes $3.81 $4.25 $3.88 Average 3+ Lanes $0.13 $0.23 (43.5%) $0.18 (27.8%) Average Gross Revenue $2.98 $3.31 (10.0%) $2.81 6.0% Express J Lanes 3 The 2021 fiscal year-to-date traffic volume increased by 2.5 percent and potential toll revenue increased by 5.3 percent, when compared with the same period last year. Year-to-date average revenue per trip is $3.19. Fiscal year-to-date traffic and revenue data are summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the OCTA 91 Express Lanes and associated potential revenue for the months of July 2020 through June 2021. Fiscal Year (FY) 2020-21 Year -to -Date (YTD) as of June 30, 2021 Trips FY 2020-21 YTD Actual FY 2019-20 YTD Actual Yr-to-Yr % Variance Full Toll Lanes 12,029,546 11,220,034 7.2% 3+ Lanes 3,330,239 3,770,568 11.7%) Total Gross Trips 15,359,785 14,990,602 2.5% Revenue Full Toll Lanes $48,397,791 $45,790,271 5.7% 3+ Lanes $576,132 $719,350 (19.9%) Total Gross Revenue $48,973,923 $46,509,621 5.3% Average Revenue per Trip Average Full Toll Lanes $4.02 $4.08 Average 3+ Lanes $0.17 $0.19 (10.5%) Average Gross Revenue $3.19 $3.10 2.9% Express J Lanes 4 • OCTA Traffic and Revenue Summary The chart below reflects the total trips breakdown between full toll trips and high -occupancy vehicle (HOV3+) trips for FY 2020-21 on a monthly basis. FY 2020-21 Traffic Volume Overview 1,800,000 - 1,600,000 - 1,400.000 - 1,200,000 - g 1,000,000 - 7 800,000 - 600,000 - 400,000 - 200.000 - 0 -. Jul -20 266,506 252,671 251,333 230.637 246,847 212,829 1,138,068 1,197,856 1,218,007 1.320,950 1.048.523 832.236 899,004 919.568 880.050 852,110 793.293 929.879 Aug -20 Sep -20 Oct -20 Nov -20 Dec -20 Jan -21 Feb -21 Mar -21 Apr -21 Month ■Full Toll Lanes ■ 3+ Lanes May 21 Jun -21 The chart below reflects the gross potential revenue breakdown between full toll trips and HOV3+ trips for FY 2020-21 on a monthly basis. $5,000,000 $4,500,000 $4,000,000 $3,500,000 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 FY 2020-21 Revenue Summary Jul -20 Aug -20 Sep -20 Oct -20 Nov -20 Dec -20 Jan -21 Feb -21 Mar -21 Apr -21 May -21 Jun -21 Month ■Full Toll Lanes •3+ Lanes Express �, Lanes 5 OCTA EASTBOUND PEAK -HOUR VOLUMES Peak -hour traffic in the eastbound direction reached or exceeded 90 percent of defined capacity 18 times during the month of June 2021. As demonstrated on the next chart, westbound peak -hour traffic volumes top out at 82 percent of defined capacity. Monday 05131121 Tuesday 06101121 Wednesday 06102121 Thursday 06103121 Friday 06104121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 $5.15 431 2,609 77% $5.15 448 3,056 90% 66.95 424 3,228 95% $8.10 508 2,842 84% 1500-1600 64.75 478 3,462 102% $7.25 471 2,794 82% $7.25 333 1,386 41% $7.65 596 3,035 89% 1600-1700 55.00 347 2,495 73% 56.50 343 2,758 81% $6.80 366 2,672 79% $7.45 405 2,861 84% 1700 - 1800 $4.90 390 3,042 89% $5.40 368 2,854 84% $6.70 380 2,930 86% $6.55 449 2,796 82% 1800 - 1900 $3.95 454 2,518 74% $3.95 510 2,840 84% $4.35 517 3,040 89% $6.55 590 2,661 78% 1900 - 2000 $3.85 327 1,476 43% $3 85 369 1,621 48% $5.60 471 2,076 61% $6.05 566 2,127 63% Monday 06107121 Tuesday 06108121 Wednesday 06109121 Thursday 06110121 Friday 06111121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 $5.15 428 2,819 83% $5.15 423 2,722 80% $5.15 374 2,641 78% $6.95 451 3,183 94% $8.10 546 2,787 82% 1500-1600 $5.50 504 3,169 93% 64.75 479 3,217 95% $7.25 519 2,737 81% $7.25 522 2,651 78% $7.65 577 2,967 87% 1600 - 1700 64.35 417 3,295 97% $5.00 348 2,557 75% $6.50 320 2,822 83% $6.80 367 2,883 85% $7.45 410 2,739 81% 1700-1800 $4.80 304 2,360 69% $4.90 388 2,870 84% $5.40 426 2,998 88% $6.70 393 2,759 81% $6.55 522 2,882 85% 1800 - 1900 $5.50 495 2,438 72% $3.95 486 2,968 87% $3.95 479 2,730 80% $4.35 513 2,884 85% $6.55 600 2,731 80% 1900-2000 $3.85 327 1,257 37% 63.85 377 1,724 51% $3.85 420 1,695 50% $5.60 507 2,263 67% $6.05 517 2,035 60% Monday 06114121 Tuesday 06115121 Wednesday 06116121 Thursday 06117121 Friday 06118121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 $5.15 477 2,829 83% $5.15 459 2,789 82% 65.15 468 3,116 92/. 66.95 465 3,213 95% 58.10 475 2,729 80% 1500-1600 $5.50 496 2,954 87% $4.75 500 3,262 96% $7.25 501 2,751 81% $7.25 490 2,624 77% $7.65 557 2,853 84% 1600 - 1700 $4.35 429 3,148 93% $5.00 351 2,467 73% $6.50 362 2,844 84% $6.80 407 2,884 85% $7.45 412 2,636 78% 1700-1800 $4.80 338 2,605 77% $4.90 398 2,774 82% $5.40 418 2,882 85% $6.70 409 2,751 81% $6.55 471 2,861 84% 1800 - 1900 $5.50 473 2,366 70% $3.95 573 2,862 84% $3.95 552 2,983 88% $4.35 559 2,962 87% $6.55 567 2,443 72% 1900-2000 $3.85 381 1,441 42% $3.85 454 1,900 56% $3.85 485 2,000 59% $5.60 509 2,146 63% $6.05 586 2,092 62% Monday 06121121 Tuesday 06122121 Wednesday 06123121 Thursday 06124121 Friday 06125121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 $5.15 390 2,581 76% $5.15 465 2,791 82°h $5.15 436 3,062 90% $6.95 500 3,248 96% $8.10 483 2,746 81% 1500-1600 $5.50 432 2,526 74% $4.75 468 3,278 96% $7.25 511 2,823 83% $7.25 491 2,693 79% $7.65 578 3,064 90% 1600 - 1700 64.35 462 3,249 96% $5.00 392 2,531 74% $6.50 364 2,789 82% $6.80 349 2,682 79% $7.45 404 2,722 80% 1700 - 1800 $4.80 371 2,633 77% $4.90 378 2,755 81% 65.40 430 2,889 85% $6.70 393 2,534 75% $6.55 467 2,716 80% 1800 - 1900 $5.50 533 2,562 75% $3.95 561 3,026 89% $3.95 549 2,857 84% $4.35 531 2,906 85% $6.55 532 2,655 78% 1900-2000 $3.85 382 1,596 47% $3.85 402 1,799 53% $3.85 483 2,312 68% $5.60 526 2,375 70% $6.05 498 2,007 59% Monday 06128121 Tuesday 06129121 Wednesday 06130121 Thursday 07101121 Friday 07102121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400 - 1500 $5.15 436 2,783 82% $5.15 425 2,740 81% $5.15 474 2,942 87% 1500 - 1600 $5.50 497 2,905 85% 64.75 498 3,436 101% $7.25 472 2,772 82% 1600 - 1700 64.35 467 3,301 97% $5.00 379 2,537 75% $6.50 380 2,854 84% 1700 - 1800 $4.80 380 2,759 81% $4.90 422 3,038 89% $5.40 378 2,541 75% 1800 - 1900 $5.50 570 2,325 68% $3.95 552 2,896 85% $3.95 538 2,936 86% 1900 - 2000 $3.85 399 1,586 47% $3.85 412 1,820 54% $3.85 512 2,323 68% tiftExpress 1 Lanes 6 • • • • • • Monday 05131121 Tuesday 06101121 Wednesday 06102121 Thursday 06103121 Friday 06104121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $3.05 433 1,338 39% $3.05 411 1,180 35% $3.05 412 1,239 36% $3.05 345 1,134 33% 0500-0600 $4.95 551 2,549 75% $4.95 590 2,568 76% $4.95 561 2,520 74% $4.70 486 2,283 67% 0600-0700 $5.15 426 2,656 78% $5.15 405 2,519 74% $5.15 415 2,549 75% $4.95 370 2,286 67% 0700-0800 $5.65 453 2,572 76% $5.65 425 2,563 75% $5.65 452 2,536 75% $5.50 386 2,331 69% 0800.0900 $5.15 326 2,503 74% $5.15 331 2,389 70% $5.15 316 2,351 69% $4.95 330 2,224 65% 0900-1000 $4.10 291 2,307 68% $4.10 281 2,289 67% $4.10 266 2,186 64% $4.10 382 2,211 65% Monday 06/07/21 Tuesday 06108121 Wednesday 06/09/21 Thursday 06/10121 Friday 06111121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400 - 0500 $305 421 1,312 39% $3.05 406 1,229 36% $3.05 421 1,311 39% 53.05 416 1,265 37% $3.05 335 1,100 32% 0500-0600 $4.95 569 2,647 78% $4.95 614 2,629 77% $4.95 613 2,548 75% $4.95 584 2,544 75% $4.70 470 2,189 64% 0600-0700 $5.15 407 2,561 75% $5.15 417 2,529 74% $5.15 435 2,614 77% $5.15 436 2,506 74% $4.95 385 2,312 68% 0700-0800 $5.65 431 2,648 78% $5.65 413 2,448 72% $5.65 465 2,559 75% $5.65 427 2,629 77% $5.50 352 2,129 63% 0800-0900 $5.15 301 2,215 65% $5.15 337 2,226 65% $5.15 341 2,422 71% $5.15 297 2,274 67% $4.95 370 2,218 65% 0900-1000 $4.10 288 2,017 59% $4.10 299 2,240 66% $4.10 294 2,138 63% $4.10 395 2,250 66% $4.10 401 2,270 67% Monday 06/14121 Tuesday 06115121 Wednesday 06116/21 Thursday 06117121 Friday 06118121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 S3 05 403 1,302 38% $3.05 430 1,305 38% 53.05 431 1,324 39% $3.05 405 1292 38% 53.05 354 1,082 32% 0500-0600 $4.95 523 2,547 75% $4.95 558 2,500 74% $4.95 579 2,533 75% $4.95 564 2,501 74% $4.70 510 2,167 64% 0600-0700 $5.15 404 2,528 74% $5.15 470 2,733 80% $5.15 443 2,642 78% $5.15 406 2,534 75% $4.95 416 2,271 67% 0700-0800 $5.65 420 2,594 76% $5.65 426 2,642 78% $5.65 401 2,501 74% $5.65 399 2,530 74% $5.50 346 2,108 62% 0800-0900 $5.15 310 2,287 67% $5.15 387 2,535 75% $5.15 296 2,168 64% $5.15 359 2,388 70% $4.95 362 2,179 64% 0900-1000 $4.10 335 2,156 63% $4.10 370 2,418 71% $4.10 380 2,288 67% $4.10 378 2,288 67% $4.10 414 1,990 59% Monday 06/21121 Tuesday 06122/21 Wednesday 06/23/21 Thursday 06/24/21 Friday 06125121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $3.05 402 1,272 37% $3.05 447 1,316 39% $3.05 430 1,332 39% $3.05 416 1,239 36% $3.05 348 1,097 32% 0500-0600 $4.95 574 2,556 75% $4.95 585 2,541 75% $4.95 585 2,591 76% $4.95 598 2,537 75% $4.70 449 2,200 65% 0600 - 0700 $5.15 436 2,511 74% $5.15 436 2,618 77% $5.15 397 2,520 74% $5.15 446 2,576 76% $4.95 393 2,320 68% 0700 - 0800 $5.65 234 1,568 46% $5.65 412 2,541 75% $5.65 398 2,598 76% $5.65 389 2,471 73% $5.50 340 2,247 66% 0800 - 0900 $5.15 310 2,094 62% $5.15 334 2,336 69% $5.15 364 2,472 73% $5.15 366 2,480 73% $4.95 352 2,242 66% 0900 - 1000 $4.10 445 2,793 82% $4.10 357 2,470 73% $4.10 401 2,416 71% $4.10 354 2,390 70% $4.10 425 2,217 65% Monday 06/28/21 Tuesday 06129121 Wednesday 06130121 Thursday 07101/21 Friday 07102121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $3.05 431 1,291 38% $3.05 401 1,309 39% $3.05 427 1,283 38% 0500-0600 $4.95 546 2,474 73% $4.95 580 2,529 74% $4.95 564 2,542 75% 0600-0700 $5.15 368 2,465 73% $5.15 400 2,638 78% $5.15 427 2,551 75% 0700 - 0800 $5.65 366 2,513 74% $5.65 404 2,526 74% $5.65 443 2,567 76% 0800-0900 $5.15 351 2,184 64% $5.15 385 2,539 75% $5.15 412 2,595 76% 0900 - 1000 $4.10 388 2,197 65% $4.10 402 2,398 71% $4.10 423 2,424 71% etExpress J Lanes OCTA OPERATIONAL HIGHLIGHTS On -Road Operations OCTA customer assistance specialists (CAS) responded to 125 calls during the month of June. Of those calls, 81 were to assist disabled vehicles and 32 calls to remove debris. The CAS provided assistance to 12 accidents in the 91 Express Lanes with none of those accidents originating in the State Route 91 general purpose lanes. 91 Express Lanes Back -Office System (BOS) Development Update In February, Cofiroute USA, LLC (CUSA) notified OCTA and the Riverside County Transportation Commission (RCTC) of a delay to the implementation of the new BOS for the 91 Express Lanes for both Orange and Riverside counties as a result of the COVID-19 pandemic. CUSA is the current operator of the 91 Express Lanes for both OCTA and RCTC and is the firm selected for the design, development, and implementation of the new BOS, as well as the customer service center operations, once the current contract expires on June 30, 2021. In April 2021, OCTA and RCTC (Agencies) provided notice to CUSA that the Agencies will be exercising the first of the six one -month extension period, which will commence July 1, 2021 through July 31, 2021. The Agencies intend to exercise the one -month options until the Agencies transition to the new contract. Staff from both agencies are continuing to work with CUSA to meet the revised anticipated go -live date in October 2021 91 Express Lanes Toll Entrance Gantries Infrastructure Project Update OCTA entered into an agreement with the California Department of Transportation (Caltrans) to provide construction and construction management services for the 91 Express Lanes Toll Entrance Gantries Infrastructure Project. This project entails constructing new toll gantries infrastructure at the three entrances of the OCTA 91 Express Lanes. Caltrans advertised and awarded the project in March 2021 and May 2021, respectively. In June, the contract was executed, and construction is anticipated to begin in August. Upon completion of the infrastructure project, Kapsch TrafficCom USA, Inc., the toll lanes system integrator for the 91 Express Lanes, will install new Electronic Toll and Traffic Management system equipment onto the new gantries. 06:Express / Lanes 8 • • • • FINANCIAL HIGHLIGHTS OCTA • • 91 Express Lanes Operating Statement YTD as of : 6/30/2021 YTD Variance Description Actual (rNe) Budget (1) Dollar $ Percent (%) Operating revenues: Toll Revenue $ 44,954,613.60 $ 32,670,000.00 $ 12,284,613.60 37.6 Fee Revenue 5,445,327.90 2,320,000.00 3,125,327.90 134.7 Total operating revenues 50,399,941.50 34,990,000.00 15.409.941 50 44.0 Operating expenses: Contracted Services 6,759,534.22 7,200,000.00 440,465.78 6.1 Administrative Fee 2,996,580.00 3,121,756.00 125,176.00 4.0 Other Professional Seances 1.496.373.26 4,000,900.00 2,504,526.74 62.6 Credit Card Processing Fees 1,106,039.98 900,000.00 (206,039.98) (22.9) Toll Road Account Servicing 636,884.40 600,000.00 (36,884.40) (6.1) Other Insurance Expense 444,076.36 826,000.00 380,923.64 462 Toll Road Maintenance Supply Repairs 174.544.47 2,400,000.00 2,225,455.53 92.7 Patrol Services 805,514.88 1,060,000.00 254,485.12 24.0 Building Equipment Repairs and Maint 914,431.39 1,230,000.00 315,568.61 25.7 6C Transponders - 250.000.00 250,000.00 100.0 Other Services ``) 23,294.18 62,429.00 39,134.82 62.7 Utilities 44,604.65 115,000.00 70,395.35 61.2 Office Expense 14,745.52 98,000.00 83,254.48 85.0 Bad Debt Expense 149,461.04 - (149.461.04) N/A Miscellaneous {2) 46,053.91 161,670.00 115,616.09 71.5 Leases 480,925.79 485,000.00 4,07421 0.8 Total operating expenses 16,093,064.05 22,509,755.00 6,416,690.95 28.5 Depreciation and Amortization-=• 4,216,267.68 - (4,216,267.68) NIA Operating income (loss) 30.090.609 77 12 480,245 00 17 610 364 77 141.1 Nonoperating revenues (expenses): Reimbursement from Other Agencies 875,192.41 1,250,000.00 (374,807.59) (30.0) Interest Income 3,344,818.33 1,471,495.00 1,873,323.33 127.3 Interest Expense ' (4,280,324.68)' (4.400.700.00) 120,375.32 ' 2.7 Other 11.462.08 - 11,462.08 N/A Total nonoperating revenues (expenses) (48,851.86) (1,679,205.00) 1,630,353.14 97.1 Transfers In - - - N/A Transfers Out(4) (11,566.156.36) (41 711,150.00) 30,144,993 64 72.3 Net income (loss)! S 18,475,601.55 S (30,910,110.00)1 S 49,385,711.55 (159.8) 'Actual amounts are accounted for on the accrual basis of accounting in an enterprise fund. Budget amounts are accounted for on a modified accrual basis of accounting. 'Miscellaneous expenses include: Bond Insurance Costs, Bank Service Charge, Transponder Materials. 'Depreciation and amortization are not budgeted items. 'Transfers Out: For M2 Project I and Project J expense reimbursements. 'Litigation settlement was accrued, the negative will be offset once the litigation payment is issued. e A. ctuals are preliminary pre -casing amounts as of FY 2020-21. Final numbers will be shown in the audited financial statements. Capital Asset Activity During the 12 months ending June 30, 2021, capital asset activities included $11,453 for the replacement of the air conditioning units for the eastbound toll plaza, $1,491,991 for Lanes ss 9 the BOS replacement project, and $2,491,662 for payment of 6C implementation costs for the Electronic Toll and Traffic Management system. OPERATIONS OVERVIEW RCTC TRAFFIC AND REVENUE STATISTICS FOR RCTC Total traffic volume on the 91 Express Lanes for June 2021 was 1,445,027. This represents a daily average of 48,168 vehicles. This is a 60.2 percent increase in total traffic volume from the same period last year, which totaled 901,930, and was the fourth month of the COVID-19 stay-at-home order. Potential toll revenue for June was $4,708,887, which represents an increase of 73.9 percent from the prior year's total of $2,708,569. Carpool percentage for June was 21 percent as compared to the previous year's rate of 22.1 percent. As compared to June 2019, traffic volume increased by 20.5 percent and revenue increased by 0.7 percent. Traffic volumes have returned to pre-COVID-19 levels. Month -to -date traffic and revenue data is summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the RCTC 91 Express Lanes and associated potential revenue for the month of June 2021. Current Month -to -Date as of June 30, 2021 Trips JUN -21 MTD Actual Stantec MTD Projected # Variance % Variance JUN -20 MTD Actual Yr 21-to-Yr 20 % Variance Jun -19 MTD Actual Yr 21-to-Yr 19 % Variance Full Toll Lanes 1,140,850 1,035,600 105,250 10.2% 702,369 62.4% 878,365 29.9% 3+ Lanes 304,177 337,829 (33,652) 199,561 52.4% 320,850 7. 20, Total Gross Trips 1,445,027 1,373,429 71,598 5.2% 901,930 60.2% 1,199,215 20.5% Revenue Full Toll Lanes $4,663,860 $4,588,114 $75,746 1.7% $2,673,259 74.5% $4,632,609 0.7% 3+ Lanes $45,027 $0 $45,027 ����/��j $35,310 27.5% $42,682 5.5% Total Gross Revenue $4,708,887 $4,588,114 $120,773 2.6% $2,708,569 73.9% $4,675,291 0.7% Average Revenue per Trip Average Full Toll Lanes $4.09 $4.43 $3.81 7.3% $5.27 Average 3+ Lanes $0.15 $0.00 $0.15 ������� %/ 4 $0.18 (16.7%) $0.13 15.4% Average Gross Revenue $3.26 $3.34 (2.- $3.00 8.7% $3.90 ei10:, Express Lanes 10 • • • • The 2021 fiscal year-to-date traffic volume decreased by 0.7 percent and potential toll revenue decreased by 19.1 percent, when compared with the same period last year. Year-to-date average revenue per -trip is $3.36. Fiscal year-to-date traffic and revenue data are summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the RCTC 91 Express Lanes and associated potential revenue for the months of July 2020 through June 2021. FY 2020-21 Year -to -Date as of June 30, 2021 Trips FY 2020-21 YTD Actual Stantec YTD Projected # Variance % Variance FY 2019-20 YTD Actual Yr-to-Yr Variance Full Toll Lanes 10,352,754 12,188,900 10,044,914 3.1% 3+ Lanes 2,673,031 3,967,543 (32.6%) 3,074,209 Total Gross Trips 13,025,785 16,156,443 13,119,123 Revenue Full Toll Lanes $43,281,313 $52,698,686 $53,676,973 3+ Lanes $452,929 $0 $452,9297,% //' $381,477 18.7% Total Gross Revenue $43,734,242 $52,698,686 $54,058,450 Average Revenue per Trip Average Full Toll Lanes $4.18 $4.32 $5.34 Average 3+ Lanes $0.17 $0.00 $0.17'���/ $0.12 41.7% Average Gross Revenue $3.36 $3.26 $0.10 3.1% $4.12 18.4%) etExpress Al Lanes 11 RCTC Traffic and Revenue Summary The chart below reflects the total trips broken down between full toll lanes and HOV3+ lanes for FY 2020-21 on a monthly basis. 1,800,000 1,600,000 1,400,000 1,200,000 g 1,000,000 7 800,000 600,000 400,000 200,000 0 FY 2020-21 Traffic Volume Overview 236.320 254.444 222,865 212.374 202.011 196.613 203.528 183.901 171,177 286,777 304,177 1.070.406 1.140,850 994,294 1.030.130 771,951 787,711 879.975 791,824 718.572 763.738 729.424 673.879 Jul -20 Aug -20 Sep -20 Oct -20 Nov -20 Dec -20 Jan -21 Feb -21 Mar -21 Apr -21 May -21 Jun -21 Month ■ Full Toll Lanes ■3+ Lanes The chart below reflects the gross potential revenue breakdown between full toll lanes and HOV3+ lanes for FY 2020-21 on a monthly basis. &Express AI Lanes 12 • • • RCTC PEAK -HOUR VOLUMES In June, there were no toll rates adjusted in response to traffic volumes. RCTC evaluates traffic volumes for peak period hours and increases or decreases rates according to the toll rate policy. RCTC EASTBOUND PEAK -HOUR VOLUMES Eastbound PM Peak - County Line to McKinley Monday 05131121 Tuesday 06101121 Wednesday 06/02121 Thursday 06103121 Friday 06104121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400. 1500 $5-30 209 1055 1,264 E $8.95 212 1125 1,337 F $10.95 229 1,159 1,388 F $24.95 291 1,132 1,423 F 1500. 1600 $10.95 235 1065 1,300 E $13.95 224 971 1,195 D $16.95 157 719 876 C $24.95 299 991 1,290 E 1600. 1700 $6.95 172 935 1,107 D $6.95 177 958 1,135 D $8.95 188 944 1,132 D $14.95 294 1,018 1,312 F 1700. 1800 $5.30 176 975 1,151 D $5.30 176 981 1,157 D $5.30 270 1,198 1,468 F $7.95 244 974 1,218 E 1800 - 1900 $4.20 228 798 1,026 D $5.30 242 895 1,137 D $5.30 211 1,007 1,218 E $5.30 266 926 1,192 D 1900.2000 $2.25 155 543 698 B $2.25 207 666 873 C $2.25 237 858 1,095 D $2.25 247 709 956 C Monday 06/07121 Tuesday 06108121 Wednesday 06109121 Thursday 06110121 Friday 06111121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $5.30 217 1,107 1,324 F $5.30 213 1,054 1,267 E $8.95 194 1,005 1,199 D $10.95 237 1,173 1,410 F $24.95 352 1,066 1,418 F 1500.1600 $8.95 211 1,032 1,243 E $10.95 220 990 1,210 E $13.95 210 978 1,188 D $16.95 226 966 1,192 D $24.95 287 895 1,182 D 1600. 1700 $6.95 192 999 1,191 D $6.95 177 921 1,098 D $6.95 178 1,009 1,187 D $8.95 211 1,019 1,230 E $14.95 288 989 1,277 E 1700 - 1800 $5.30 165 913 1,078 D $5.30 177 956 1,133 D $5.30 193 1,008 1,201 E $5.30 199 879 1,078 D $7.95 271 955 1,226 E 1800. 1900 $4.20 207 812 1,019 D $4.20 222 852 1,074 D $5.30 211 934 1,145 D $5.30 245 956 1,201 E $5.30 256 1,021 1,277 E 1900.2000 $2.25 177 443 620 B $2.25 180 692 872 C $2.25 178 660 838 C $2.25 236 911 1,147 D $2.25 272 797 1,069 D Monday 06114/21 Tuesday 06115121 Wednesday 06116121 Thursday 06117121 Friday 06/18/21 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $5.30 236 1,123 1,359 F $5.30 239 1,105 1,344 F $8.95 216 1,048 1,264 E $10.95 240 1,161 1,401 F $24.95 300 1,000 1,300 E 1500. 1600 $8.95 219 972 1,191 D $10.95 236 993 1,229 E $13.95 254 975 1,229 E $16.95 256 964 1,220 E $24.95 319 901 1,220 E 1600.1700 $6.95 210 997 1,207 E $6.95 191 980 1,171 D $6.95 214 1,048 1,262 E $8.95 260 1,025 1,285 E $14.95 288 905 1,193 D 1700. 1800 $5.30 167 944 1,111 D $5.30 189 957 1,146 D $5.30 218 1,009 1,227 E $5.30 222 1,002 1,224 E $7.95 243 899 1,142 D 1800. 1900 $4.20 206 876 1,082 D $4.20 258 929 1,187 D $5.30 280 955 1,235 E $5.30 244 997 1,241 E $5.30 288 840 1,128 D 1900.2000 $2.25 200 491 691 B $2.25 242 931 1,173 D $2.25 253 749 1,002 D $2.25 240 925 1,165 D $2.25 283 820 1,103 D Monday 06121121 Tuesday 06/22/21 Wednesday 06123121 Thursday 06124121 Friday 06125121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $5.30 209 1,111 1,320 F $5.30 219 1,100 1,319 F $8.95 233 1,106 1,339 F $10.95 241 1,128 1,369 F $24.95 280 1,090 1,370 F 1500.1600 $8.95 212 852 1,064 D $10.95 246 1,002 1,248 E $13.95 240 938 1,178 D $16.95 247 952 1,199 D $24.95 294 1,067 1,361 F 1600 -1700 $6.95 239 975 1,214 E $6.95 198 933 1,131 D $6.95 221 986 1,207 E $8.95 204 832 1,036 D $14.95 286 956 1,242 E 1700.1800 $5.30 224 907 1,131 D $5.30 199 912 1,111 D $5.30 202 981 1,183 D $5.30 201 936 1,137 D $7.95 245 921 1,166 D 1800.1900 $4.20 265 853 1,118 D $4.20 271 988 1,259 E $5.30 267 935 1,202 E $5.30 248 986 1,234 E $5.30 281 930 1,211 E 1900.2000 $2.25 187 591 778 B $2.25 208 668 876 C $2.25 228 893 1,121 D $2.25 308 963 1,271 E $2.25 235 811 1,046 D Monday 06128121 Tuesday 06129/21 Wednesday 06130121 Thursday 07101121 Friday 07102121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400. 1500 $5.30 253 1,088 1,341 F $5.30 210 1,003 1,213 E $8.95 230 1,095 1,325 F 1500.1600 $8.95 244 974 1,218 E $10.95 193 913 1,106 D $13.95 228 917 1,145 D 1600.1700 $6.95 236 983 1,219 E $6.95 189 967 1,156 D $6.95 201 985 1,186 D 1700.1800 $5.30 228 1,011 1,239 E $5.30 193 921 1,114 D $5.30 191 944 1,135 D 1800 - 1900 $4.20 311 814 1,125 D $4.20 245 904 1,149 D $5.30 253 874 1,127 D 1900 - 2000 $2.25 200 565 765 B $2.25 213 719 932 C $2.25 259 874 1,133 D 0, Liman ss 13 nd PM Peak - County Line to 15 SB Ontario Monday 05131121 Tuesday 06101121 Wednesday 06102/21 Thursday 06103121 Friday 06104121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $5 30 101 739 840 C 5530 119 776 895 C 55.30 121 774 895 C $5.30 127 679 806 C 1500-1600 $5.30 111 769 880 C 65.30 124 775 899 C $5.30 75 485 560 B $5.30 140 626 766 B 1600-1700 55.30 89 671 760 B $5.30 101 655 756 B $5.30 91 595 686 B 92.95 135 558 693 B 1700-1800 52.95 95 687 782 B $2.95 92 670 762 B 55.30 104 786 890 C 5295 147 657 804 C 1800-1900 $2.95 117 671 788 B $2.95 119 659 778 B 5295 128 668 796 B 92.95 141 590 731 B 1900.2000 $1.95 100 457 557 B 5295 97 447 544 B 92 95 143 602 745 B $2.95 153 488 641 B Monday 06107121 Tuesday 06108121 Wednesday 06109121 Thursday 06110121 Friday 06111121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 95.30 121 733 854 C $5.30 122 750 872 C 5530 109 698 807 C 95.30 109 706 815 C 55.30 170 671 841 C 1500-1600 95.30 132 732 864 C 55.30 128 726 854 C $5.30 123 713 836 C $5.30 122 660 782 B 95.30 151 569 720 B 1600-1700 92.95 96 669 765 B $5.30 99 677 776 B $5.30 90 691 781 B 5530 101 633 734 B $2.95 145 597 742 B 1700-1800 92.95 84 645 729 B $2.95 79 614 693 B 9295 91 670 761 B 5530 104 573 677 B $2.95 132 644 776 B 1800.1900 $2.95 120 575 695 B $2.95 125 670 795 B $2.95 109 706 815 C 9295 119 648 767 B 9295 145 624 769 B 1900.2000 $1.95 95 346 441 B $1.95 119 523 642 B 9295 115 480 595 8 $2.95 152 600 752 B 9295 150 536 686 B Monday 06114121 Tuesday 06115121 Wednesday 06116121 Thursday 06117121 Friday 06118121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 95.30 123 621 744 B $5.30 138 782 920 C $5.30 144 806 950 C $5.30 130 754 884 C 55.30 133 573 706 8 1500-1600 95.30 133 720 853 C $5.30 109 678 787 B 55.30 110 695 805 C 5530 110 693 803 C $5.30 158 601 759 B 1600-1700 $2.95 108 648 756 B 55.30 110 623 733 8 $5.30 108 677 785 B $5 30 122 679 801 C 5295 132 599 731 B 1700-1800 $2.95 91 640 731 B $2.95 108 628 736 B $2.95 115 654 769 B 95.30 113 598 711 B 5295 109 563 672 B 1800-1900 $2.95 110 636 746 B $2.95 131 641 772 B $2.95 135 688 823 C 5295 119 710 829 C 92.95 174 548 722 B 1900.2000 $1.95 116 350 466 B 91.95 156 615 771 B $2.95 139 539 678 B 52.95 149 579 728 B $2.95 169 494 663 B Monday 06121121 Tuesday 06122121 Wednesday 06123121 Thursday 06124/21 Friday 06125121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 95.30 119 710 829 C $5.30 137 775 912 C 5530 124 798 922 C $5 30 139 714 853 C $5.30 127 654 781 B 1500-1600 $5 30 97 548 645 B $5.30 125 703 828 C $5.30 121 690 811 C $5.30 125 682 807 C $5.30 115 601 716 B 1600.1700 $2.95 120 668 788 8 95.30 93 674 767 B $5.30 109 605 714 B $5.30 104 568 672 B 9295 175 574 749 B 1700 - 1800 $2.95 100 638 738 B $2.95 90 596 686 B $2.95 103 642 745 B 9530 87 556 643 B 9295 118 615 733 B 1800-1900 $2.95 146 634 780 B 92.95 120 667 787 B $2.95 133 637 770 B $2.95 131 635 766 8 $2.95 132 594 726 B 1900.2000 91.95 102 419 521 B $1.95 125 545 670 B 5295 123 610 733 B 9295 138 655 793 B $2.95 158 523 681 B Monday 06128121 Tuesday 06129121 Wednesday 06130121 Thursday 07101121 Friday 07102121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS 1400 - 1500 95.30 115 657 772 B $5.30 124 794 918 C 9530 129 730 859 C 1500 - 1600 95.30 125 673 798 B $5.30 100 747 847 C $5.30 98 727 825 C 1600 - 1700 $2.95 126 608 734 B $5.30 102 658 760 B $5.30 119 627 746 B 1700.1800 52.95 136 709 845 C $2.95 109 627 736 B 9295 118 666 784 B 1800 - 1900 $2.95 126 592 718 B $2.95 135 701 836 C 9295 137 629 766 B 1900 - 2000 $1.95 111 430 541 B $1.95 126 522 648 B $2.95 151 585 736 B tilolExpress 1 Lanes 14 • • • RCTC WESTBOUND PEAK -HOUR VOLUMES Westbound AM Peak - McKinlevto County Line Monday 05131121 Tuesday 06101121 Wednesday 06102/21 Thursday 06103/21 Friday 06104121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 55.30 202 498 700 8 $5.30 255 478 733 B $5.30 209 536 745 B 52.25 223 491 714 B 0500 - 0600 $9.95 295 1309 1,604 F $9.95 376 1387 1,763 F 59.95 312 1,438 1,750 F $6.95 294 1,337 1,631 F 0600.0700 $12.95 259 1377 1,636 F 512.95 222 1319 1,541 F $11.95 249 1,525 1,774 F $6.95 201 1,324 1,525 F 0700 - 0800 58.95 285 1545 1,830 F 58.95 276 1657 1,933 F $7.95 351 1,778 2,129 F 55.30 262 1,733 1,995 F 0800 - 0900 55.30 223 1569 1,792 F $5.30 208 1639 1,847 F $5.30 216 1,571 1,787 F $2.25 222 1,385 1,607 F 0900 - 1000 55.30 164 1151 1,315 E $5.30 177 1182 1,359 F $5.30 155 1,070 1,225 E $2.25 216 1,064 1,280 E Monday 06107121 Tuesday 06/08/21 Wednesday 06109121 Thursday 06110121 Friday 06111/21 AM Time Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 $5.30 232 489 721 B $5.30 240 474 714 B $5.30 205 528 733 B $5.30 229 480 709 B 52.25 182 481 663 B 0500 - 0600 $9.95 347 1,384 1,731 F $9.95 386 1,396 1,782 F $9.95 371 1,383 1,754 F 59.95 324 1,267 1,591 F $6.95 292 1,154 1,446 F 0600 - 0700 511.95 269 1,579 1,848 F 512.95 271 1,338 1,609 F $12.95 286 1,460 1,746 F $11.95 270 1,402 1,672 F $6.95 235 1,267 1,502 F 0700-0800 58.95 312 1,793 2,105 F 58.95 331 1,802 2,133 F $8.95 334 1,765 2,099 F $7.95 322 1,791 2,113 F $5.30 297 1,431 1,728 F 0800.0900 $5.30 207 1,449 1,656 F 55.30 226 1,651 1,877 F 55.30 200 1,584 1,784 F $5.30 217 1,596 1,813 F $2.25 232 1,398 1,630 F 0900-1000 55.30 157 954 1,111 D 55.30 179 1,106 1,285 E $5.30 180 1,129 1,309 E $5.30 229 1,115 1,344 E $2.25 211 984 1,195 D Monday 06114121 Tuesday 06115121 Wednesday 06116121 Thursday 06117121 Friday 06118/21 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 $5.30 222 549 771 B $5.30 230 512 742 B $5.30 230 501 731 B $5.30 215 533 748 B $2.25 193 466 659 B 0500 - 0600 $9.95 277 1,424 1,701 F $9.95 363 1,354 1,717 F 5995 303 1,344 1,647 F $9.95 284 1,359 1,643 F $6.95 339 1,074 1,413 F 0600 - 0700 $11.95 243 1,483 1,726 F $12.95 308 1,668 1,976 F 512.95 255 1,656 1,911 F $11.95 268 1,498 1,766 F $6.95 269 1,424 1,693 F 0700 - 0800 $8.95 322 1,710 2,032 F $8.95 347 1,937 2,284 F 58.95 317 1,696 2,013 F $7.95 316 1,842 2,158 F $5 30 260 1,541 1,801 F 0800 - 0900 $5.30 229 1,598 1,827 F 55.30 258 1,652 1,910 F $5.30 212 1,441 1,653 F 55.30 237 1,617 1,854 F 52.25 234 1,337 1,571 F 0900.1000 $5.30 204 1,134 1,338 E 55.30 217 1,246 1,463 F $5.30 222 1,069 1,291 E 55.30 216 1,147 1,363 F $2.25 243 876 1,119 D Monday 06121121 Tuesday 06122121 Wednesday 06123121 Thursday 06124121 Friday 06125121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 55.30 225 529 754 B 55.30 237 479 716 8 55.30 223 421 644 8 $5.30 199 373 572 B $2 25 161 374 535 B 0500.0600 59.95 327 1,309 1,636 F $9.95 381 1,332 1,713 F $9.95 318 1,087 1,405 F $9.95 321 1,081 1,402 F $6.95 235 1,108 1,343 E 0600.0700 511.95 269 1,399 1,668 F $12.95 273 1,516 1,789 F $12.95 228 1,198 1,426 F 511.95 279 1,264 1,543 F $6.95 198 1,242 1,440 F 0700 - 0800 $8.95 277 1,461 1,738 F 58.95 286 1,794 2,080 F $8.95 284 1,525 1,809 F $7.95 255 1,437 1,692 F $5.30 197 1,432 1,629 F 0800 - 0900 $5.30 278 1,700 1,978 F 55.30 204 1,686 1,890 F $5.30 246 1,393 1,639 F $5.30 211 1,393 1,604 F $2.25 208 1,261 1,469 F 0900 - 1000 $5.30 259 1,397 1,656 F $5.30 210 1,341 1,551 F 55.30 217 1,052 1,269 E 55.30 179 1,015 1,194 D $2.25 192 935 1,127 D Monday 06128121 Tuesday 06129121 Wednesday 06130121 Thursday 07/01121 Friday 07102121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 $5.30 208 389 597 B $5.30 185 455 640 B $5.30 163 431 594 B 0500-0600 $9.95 288 1,113 1,401 F $9.95 336 1,128 1,464 F $9.95 252 1,121 1,373 F 0600 - 0700 $11.95 197 1,208 1,405 F $12.95 199 1,333 1,532 F $12.95 225 1,252 1,477 F 0700 - 0800 $8.95 277 1,544 1,821 F $8.95 271 1,524 1,795 F $8.95 281 1,461 1,742 F 0800.0900 $5.30 179 1,111 1,290 E 55.30 226 1,495 1,721 F 55.30 266 1,503 1,769 F 0900.1000 55.30 230 956 1,186 D 55.30 195 1,090 1,285 E $5.30 208 1,084 1,292 E 0,0Express Lanes 15 Line Monday 05131121 Tuesday 06101121 Wednesday 06102121 Thursday 06103121 Friday 06104121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 $2.95 119 369 488 B $2.95 71 245 316 A 52.95 77 304 381 A $2.95 73 247 320 A 0500.0600 $6.85 140 835 975 C $6.85 125 779 904 C $6.85 103 726 829 C $5.30 80 594 674 B 0600.0700 $6.85 148 1005 1,153 D $6.85 121 1037 1,158 D $6.85 106 780 886 C $5.30 103 779 882 C 0700-0800 $6.85 114 1061 1,175 D $6.85 106 866 972 C $6.85 96 762 858 C $2.95 71 625 696 8 0800 - 0900 $2.95 95 936 1,031 D $2.95 86 783 869 C $2.95 82 823 905 C $2.95 77 649 726 8 0900 - 1000 02.95 68 699 767 B $2.95 77 583 660 B $2.95 67 631 698 B $2.95 78 432 510 8 Monday 06107121 Tuesday 06108121 Wednesday 06109121 Thursday 06110121 Friday 06111121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 $2.95 112 326 438 B $2.95 83 296 379 A $2.95 76 350 426 B $2.95 97 298 395 A $2.95 80 288 368 A 0500-0600 $6.85 106 730 836 C $6.85 152 759 911 C $6.85 109 716 825 C $6 85 128 821 949 C $5.30 99 651 750 B 0600.0700 $6.85 105 725 830 C $6.85 115 836 951 C $6.85 116 896 1,012 D $6.85 120 841 961 C $5.30 110 793 903 C 0700 - 0800 $6.85 97 799 896 C $6.85 138 903 1,041 D $6.85 142 873 1,015 D $6.85 133 913 1,046 D $2.95 110 743 853 C 0800-0900 $2.95 83 691 774 B $2.95 96 677 773 B $2.95 115 801 916 C $2 95 92 647 739 B $2.95 102 602 704 B 0900.1000 $2.95 91 591 682 B $2.95 91 642 733 8 $2.95 83 633 716 B $2.95 104 576 680 B $2.95 114 631 745 B Monday 06114121 Tuesday 06115121 Wednesday 06116121 Thursday 06117121 Friday 06118121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 $2.95 87 326 413 B $2.95 95 340 435 B $2.95 92 342 434 B 52.95 59 336 395 A $2 95 84 269 353 A 0500.0600 $6.85 106 782 888 C $6.85 142 715 857 C $6.85 124 791 915 C $6.85 112 761 873 C $5.30 125 641 766 8 0600-0700 $6.85 97 825 922 C $6.85 98 782 880 C $6.85 105 846 951 C 66.85 113 907 1,020 D $5.30 88 645 733 B 0700.0800 $6.85 131 904 1,035 D $6.85 111 730 841 C $6.85 139 900 1,039 D $6.85 107 795 902 C $2.95 79 672 751 B 0800-0900 $2.95 67 655 722 B $2.95 94 871 965 C $2.95 77 632 709 B $2.95 120 812 932 C $2 95 83 535 618 B 0900-1000 $2.95 90 574 664 B $2.95 89 628 717 B $2.95 107 701 808 C $2.95 108 613 721 B $2.95 120 488 608 B Monday 06121121 Tuesday 06122121 Wednesday 06123121 Thursday 06124121 Friday 06125121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 $2.95 87 313 400 A $2.95 107 353 460 B 62.95 113 405 518 B 62.95 109 390 499 B $2.95 95 365 460 B 0500.0600 $6.85 136 815 951 C $6.85 124 738 862 C $6.85 164 937 1,101 D $6.85 192 974 1,166 0 $5.30 112 844 956 C 0600-0700 $6.85 127 887 1,014 D $6.85 109 937 1,046 D $6.85 150 1,176 1,326 E $6.85 167 1,137 1,304 E $5.30 119 999 1,118 D 0700 - 0800 $6.85 86 713 799 B $6.85 123 910 1,033 D $6.85 170 1,256 1,426 F $6.85 161 1,163 1,324 E $2.95 124 961 1,085 D 0800-0900 $2.95 32 173 205 A $2.95 83 748 831 C $2.95 144 1,026 1,170 D $2.95 139 1,060 1,199 D $2.95 110 869 979 C 0900-1000 $2.95 91 594 685 B $2.95 109 680 789 B $2.95 149 832 981 C 62.95 125 761 886 C $2.95 149 715 864 C Monday 06128121 Tuesday 06129121 Wednesday 06130121 Thursday 07101121 Friday 07102121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 $2.95 113 446 559 B $2.95 96 419 515 B $2.95 101 423 524 B 0500.0600 $6.85 159 949 1,108 D $6.85 163 982 1,145 D 06.85 150 1,001 1,151 D 0600.0700 $6.85 125 1,124 1,249 E $6.85 128 1,236 1,364 E $6.85 155 1,138 1,293 E 0700.0800 $6.85 138 1,114 1,252 E $6.85 154 1,177 1,331 E $6.85 163 1,241 1,404 F 0800.0900 $2.95 139 940 1,079 D $2.95 156 1,087 1,243 E $2.95 118 968 1,086 D 0900-1000 $2.95 152 686 838 C $2.95 127 804 931 C 62.95 144 823 967 C et Express J Lanes 16 • • • • RCTC OPERATIONAL HIGHLIGHTS On -Road Operations RCTC Freeway Service Patrol responded to 98 calls during the month of June. Of those calls, 73 were to assist disabled vehicles, 11 calls to remove debris, and 14 were in response to accidents in the Express Lanes. 91 Express Lanes BOS Development Update In February, CUSA notified OCTA and RCTC of a delay to the implementation of the new BOS for the 91 Express Lanes for both Orange and Riverside counties as a result of the COVID-19 pandemic. CUSA is the current operator of the 91 Express Lanes for both OCTA and RCTC and is the firm selected for the design, development, and implementation of the new BOS, as well as the customer service center operation, once the current contract expires on June 30, 2021. In April 2021, OCTA and RCTC (Agencies) provided notice to CUSA that the Agencies will be exercising the first of the six one -month extension period, which will commence July 1, 2021 through July 31, 2021. The Agencies intend to exercise the one -month options until the Agencies transition to the new contract. Agencies' staff are continuing to work with CUSA to meet the revised anticipated go -live date in October 2021. et, Express Lanes 17 FINANCIAL HIGHLIGHTS RCTC RCTC 91 Express Lanes 0. erating Statement YTD as of : 613012021 YTD Variance Description Actual Budget Dollar $ Percent (%) Operating revenues: Toll Revenue $ 39,930,214.27 $ 25,754,400.00 $ 14,175,814.27 55.0 Fee Revenue 6,320,347.12 2,450,500.00 3,869,847.12 157.9 Total operating revenues 46,250,561.39 28,204,900.00 18,045,661.39 64.0 Operating expenses: Salaries and Benefits 611,942.17 675,500.00 63,557.83 9.4 Legal Services 110,513.98 350,000.00 239,486.02 68.4 Advisory Services 57,833.86 75,000.00 17,166.14 22.9 Audit and Accounting Fees 37,775.00 36,000.00 (1,775.00) (4.9) Service Fees 5,475.33 20,000.00 14,524.67 72.6 Other Professional Services 764,452.33 2,621,000.00 1,856,547.67 70.8 Lease Expense 258,155.49 490,200.00 232,044.51 47.3 Operations 2,127,972.41 2,987,000.00 859,027.59 28.8 Utilities 64,984.02 81,600.00 16,615.98 20.4 Supplies and Materials 4,909.00 30,000.00 25,091.00 83.6 Membership and Subscription Fees 28,281.50 30,000.00 1,718.50 5.7 Office Equipment & Furniture (Non -Capital) 5,383.88 15,000.00 9,616.12 64.1 Maintenance/Repairs 126,670.76 365,100.00 238,429.24 65.3 Training Seminars and Conferences (720.00) 2,300.00 3,020.00 131.3 Transportation Expenses - 4,000.00 4,000.00 100.0 Lodging - 3,500.00 3,500.00 100.0 Meals - 500.00 500.00 100.0 Other Staff Expenses - 500.00 500.00 100.0 Advertising 4,611.25 275,000.00 270,388.75 98.3 Program Management 75,689.76 166,100.00 90,410.24 54.4 Program Operations 7,409,400.61 8,635,700.00 1,226,299.39 14.2 Litigation Settlement - - - N/A Furniture & Equipment - 305,000.00 305,000.00 100.0 Improvements - - - N/A Bad Debt Expense 17,973.78 - (17,973.78) N/A Total operating expenses 11,711,305.13 17,169,000.00 5,457,694.87 31.8 Operating income (loss) 34,539,256.26 11,035,900.00 23,503,356.26 213.0 Nonoperating revenues (expenses): Interest Revenue 529,601.68 691,900.00 (162,298.32) 23.5 Other Miscellaneous Revenue 944,155.83 100.00 944,055.83 (944,055.8) Interest Expense (29,687,116.56) (7,119,900.00) (22,567,216.56) 317.0 Total nonoperating revenues (expenses) (28,213,359.05) (6,427,900.00) (21,785,459.05) (338.9) Transfers In - - - N/A Transfers Out (643,900.00) (1,025,300.00) 381,400.00 (37.2) Net income (loss)1$ 5,681,997.21 $ 3,582,700.00 1 $ 2,099,297.21 58.6 'Unaudited • Express Lanes 18 • • • JOINT AGENCY TRIP AND REVENUE STATISTICS MULTI AGENCY TRIP AND REVENUE STATISTICS MONTH ENDING June 30, 2021 MTD Transactions by Agency Transactions Using Both Segments %Using Both Segments Revenue Westbound OCTA 878,371 458,036 52% $2,339,539 RCTC 770,811 458,036 59% $2,534,675 1-15 274,149 244,866 89% $770,218 McKinley 496,662 213,170 43% $1,764,457 Eastbound OCTA 825,920 531,501 64% $2,739,329 RCTC 674,216 531,501 79% $2,174,212 1-15 257,131 211,763 82% $617,734 McKinley 417,085 319,738 77% $1,556,478 JOINT AGENCY TRAFFIC STATISTICS Joint Agency Traffic Statistics 1,000,000 900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 52% 59% OCTA RCTC OCTA Westbound Eastbound ■ OCTA Transactions • RCTC Transactions 79% RCTC ■ % of OCTA Transactions Using Both Segments a % of RCTC Transactions Using Both Segments Express �A Lanes 19 JOINT AGENCY PERFORMANCE MEASURES REPORTING REQUIREMENT I Reporting Period PERFORMANCE STANDARD Jun -21 Performance CUSTOM ER SERVICE Call Wait Time** Abandon Rate Customer Satisfaction VIOLATION PROCESSING Response Time CUSA Violation Collection Rate CUSA Violation Collection Rate Monthly Not to exceed 2 minutes Monthly No more than 4.0% Monthly At least 75 outbound calls 2:07 3.2% 76 Monthly Within 2 business days of receipt 0.7 Quarterly 70% or more 69% Annually 74% or more 61% TRAFFIC OPERATIONS Initial & Secondary Review s Monthly Equal to or less than 15 days 0.9 * Rate Msread Errors Monthly Equal to or less than 0.4% 0.02% CAS Response Time Monthly 0:20 (minutes) per call 0:19 ACCOUNTING OCTA Exceptions Monthly No more than 3 0 RCTC Exceptions Monthly No more than 3 0 INFORMATION TECHNOLOGY Back -office System Uptime Monthly 99% Availability 100% Netw ork Uptime Monthly 99% Availability CUSA = Cofiroute USA; CAS = OCTA Customer Assistance Specialists *Plate M isread Error performance is current after a 60 -day hold -back period therefo re, percentage reported here is for two months prior to the month of this report. **Call Wait Time was not met in June 2021as a result of decrease availability of staff due to the pandemic. JOINT AGENCY TRANSPONDER DISTRIBUTION 100% T21 TRANSPONDER DISTRIBUTION June -21 May -21 Tags % of Total Tags % of Total FY 2020-21 Average To -Date Issued To New Accounts Additional Tags to Existing Accounts Replacement Transponders Returned Account Closures Accounts Dow ns¢ing Defective Transponders Total Issued Total Returned 295 81.0% 7 1.9% 62 17.0% 364 6,113 100.0% 6,113 r r 1,181 22 11 1,214 97.3% 1.8% 0.9% 1,785 100.0% 1,785 798 96.5% 15 1.8% 14 1.7% 827 • 16 0.5% • 4 0.1% ✓ 3,190 99.4% 3,210 ,Lan ss 20 • • • 6C TRANSPONDER DISTRIBUTION June -21 May -21 Tags % of Total Tags % of Total FY 2020-21 Average To -Date Issued To New Accounts Additional Tags to Existing Accounts Replacement Transponders Total Issued 18,544 99.4% 116 0.6% 18,660 Returned Account Closures Accounts Dow nsizing Defective Transponders Total Returned r 35,117 61 I 1 35,179 99.8% 0.2% 0.0% 28,320 99.9% 38 0.1% 1 0.0% 28,359 At the end of June 2021, the 91 Express Lanes had 154,469 active customer accounts and 588,045 transponders classified as assigned. Number of Accounts by FY As of June 30, 2021 180,000 - 160,000 - 140,000 - 120,000 -114,138 112,584 112,473 112,929 113,672 116,813 119,782 100,000 - 80,000 - 60,000 - 40,000 - 20,000 - 140,694 130,048 154,469 148,054149,803 ,y0 �y titi '') yR ,h .ro tiA 4, 4) ,ti0 titi do tiff ON' o ON' ti°` tih ti`O ti� tiw ti� ,yo cf ,Lo ti� ,yo ,yo d ,yo ,yo ,yo ,yo Fiscal Year • Express J Lanes 21 Incoming Email Activity During June, the Anaheim Processing Center received 4,381 emails. Operational Activity Amid concerns about the spread of COVID-19 and following the State of California's guidance to help reduce its spread, the 91 Express Lanes Customer Walk -In Center was closed in March 2020 and will remain so until July 6, 2021. Operational activities in the Anaheim and Corona locations continued to function with a combination of remote workers and core staff located at the facilities. Core essential functions include aiding stranded motorists, providing incident management services, and dispatching emergency vehicles through the traffic operations center. The call center remains open to respond to customer service and violation calls. • Express J Lanes 22 • • • ATTACHMENT C Orange County Transportation Authority OCTA Riverside County Transportation Commission &Express A Lanes Status Report July 2021 As of July 31, 2021 • • • Table of Contents Operations Overview OCTA 3 Traffic and Revenue Statistics for OCTA 3 OCTA Traffic and Revenue Summary 4 OCTA Eastbound Peak -Hour Volumes 5 OCTA Westbound Peak -Hour Volumes 6 OCTA Operational Highlights 7 Financial Highlights OCTA 8 Operations Overview RCTC 9 Traffic and Revenue Statistics for RCTC 9 RCTC Traffic and Revenue Summary 10 RCTC Peak -Hour Volumes 11 RCTC Eastbound Peak -Hour Volumes 11 RCTC Westbound Peak -Hour Volumes 13 RCTC Operational Highlights 15 Financial Highlights RCTC 16 Joint Agency Trip and Revenue Statistics 17 Joint Agency Traffic Statistics 17 Joint Agency Performance Measures 18 Joint Agency Transponder Distribution 18 Incoming Email Activity 20 Operational Activity 20 • Express J Lanes 2 � OPERATIONS OVERVIEW OCTA TRAFFIC AND REVENUE STATISTICS FOR OCTA Total traffic volume on the 91 Express Lanes for July 2021 was 1,743,602. This represents a daily average of 56,245 vehicles. This is a 61.6 percent increase in total traffic volume from the same period last year, which totaled 1,079,083 and was the fifth month of the State of California's stay-at-home orders due to the coronavirus (COVID-19) pandemic. Potential toll revenue for July was $5,306,241, which represents an increase of 50.2 percent from the prior year's total of $3,532,168. Carpool percentage for July was 23.8 percent as compared to the previous year's rate of 22.9 percent. As compared to July 2019, traffic volume increased by 12.8 percent and revenue increased by 19.5 percent. Month -to -date (MTD) traffic and revenue data is summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the Orange County Transportation Authority (OCTA) 91 Express Lanes and associated potential revenue for the month of July 2021. • • Current MTD as of July 31, 2021 Trips Jul -21 MTD Actual Jul -20 MTD Actual Yr 21-to-Yr 20 % Variance Jul -19 MTD Actual Yr 21-to-Yr 19 % Variance Full Toll Lanes 1,329,465 832,236 59.7% 1,102,555 20.6% 3+ Lanes 414,137 246,847 67.8% 443,307 (6.6%) Total Gross Trips 1,743,602 1,079,083 61.6% 1,545,862 12.8% Revenue Full Toll Lanes $5,253,779 $3,476,583 51.1% $4,362,568 20.4% 3+ Lanes $52,463 $55,584 $76,363 (31.3%) Total Gross Revenue $5,306,241 $3,532,168 50.2% $4,438,931 19.5% Average Revenue per Trip Average Full Toll Lanes $3.95 $4.18 :; ;„; $3.96 ,� :, O, Average 3+ Lanes $0.13 $0.23 ;43.5%) $0.17 (23.5%) Average Gross Revenue $3.04 $3.27 (7.0%) $2.87 5.9% et'Express Lanes 3 OCTA Traffic and Revenue Summary The chart below reflects the total trips breakdown between full toll trips and high -occupancy vehicle (HOV3+) trips for fiscal year (FY) 2021-22 on a monthly basis. The chart below reflects the gross potential revenue breakdown between full toll trips and HOV3+ trips for FY 2021-22 on a monthly basis. $6,000,000 $5,500,000 $5,000,000 $4,500000 $4,000,000 u $3,500,000 12 $3,000,000 $2,500,000 $2,000,000 $1,500,000 $1,000,000 FY 2021.22 Revenue Summary Jul -21 Aug -21 Sep -21 Oct -21 Nov -21 Dec -21 Jan -22 Feb -22 Mar -22 Apr -22 May -22 Jun -22 Month ■ Full Toll Lanes ■ 3+ Lanes • Express J Lanes 4 • • • OCTA EASTBOUND PEAK -HOUR VOLUMES Peak -hour traffic in the eastbound direction reached or exceeded 90 percent of defined capacity 11 times and one time in the westbound direction during the month of July 2021. As demonstrated on the next chart, westbound peak -hour traffic volumes top out at 90 percent of defined capacity. Monday 06/28121 Tuesday 06129/21 Wednesday 06/30/21 Thursday 07/01/21 Friday 07/02121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400 - 1500 $7.70 467 2,915 86% $8.35 516 2,798 82% 1500-1600 $7.45 519 2,970 87% $7.90 599 2,918 86% 1600 - 1700 $7.00 360 2,766 81% $7.45 424 2,625 77% 1700 - 1800 $6.70 420 2,724 80% $6.75 457 2,445 72% 1800 - 1900 $4.50 551 2,844 84% $6.75 463 2,023 60% 1900 - 2000 $5.75 601 2,480 73% $6.25 596 1,924 57% Monday 07/05/21 Tuesday 07106/21 Wednesday 07/07/21 Thursday 07108121 Friday 07109/21 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 $4.95 405 1,360 40% $5.30 417 2,525 74% $5.30 407 2,537 75% $7.70 486 2,894 85% $8.35 504 2,852 84% 1500 - 1600 $4.95 487 1,366 40% $4.75 472 2,971 87% $7.45 492 2,820 83% $7.45 519 2,958 87% $7.90 513 2,661 78% 1600-1700 $4.95 352 1,094 32% 54.50 411 3,081 91% $6.50 396 2,877 85% $7.00 364 2,802 82% $7.45 417 2,809 83% 1700 - 1800 $4.95 378 1,045 31% $4.90 327 2,467 73% $5.40 433 2,949 87% $6.70 457 2,880 85% $6.75 472 2,912 86% 1800-1900 $4.95 399 1,086 32% $4.05 525 2,746 81% $4.05 527 2,919 86% $4.50 578 2,961 87% $6.75 527 2,528 74% 1900 - 2000 $4.95 384 974 29% $3.95 414 1,727 51% $3.95 506 2,333 69% $5.75 521 2,209 65% $6.25 550 2,084 61% Monday 07112121 Tuesday 07/13121 Wednesday 07114/21 Thursday 07115121 Friday 07116121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 $5.30 468 2,892 85% $5.30 467 2,834 83% 55.30 464 3,159 93% $7.70 458 2,860 84% $8.35 534 2,881 85% 1500.1600 $5.65 465 2,832 83% $4.75 486 2,910 86% $7.45 492 2,858 84% $7.45 547 2,924 86% $7.90 528 2,914 86% 1600-1700 $4.35 428 3,205 94% $4.50 386 3,189 94% $6.50 380 2,843 84% $7.00 353 2,841 84% $7.45 344 2,658 78% 1700 - 1800 $4.95 345 2,678 79% $4.90 337 2,561 75% $5.40 408 2,948 87% $6.70 423 2,924 86% $6.75 491 2,926 86% 1800-1900 $5.65 526 2,591 76% $4.05 539 2,916 86% $4.05 475 2,629 77% 54.50 596 3,174 93% $6.75 534 2,382 70% 1900-2000 $3.95 371 1,507 44% $3.95 451 2,072 61% $3.95 492 2,109 62% $5.75 485 2,056 60% $6.25 604 2,167 64% Monday 07119121 Tuesday 07/20121 Wednesday 07121121 Thursday 07122121 Friday 07/23/21 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 $5.30 428 2,720 80% $5.30 416 2,598 76% 55.30 497 3,162 93% $7.70 434 2,945 87% $8.35 477 2,892 85% 1500 - 1600 $5.65 501 2,871 84% $4.75 455 2,829 83% $7.45 491 2,545 75% $7.45 543 3,013 89% $7.90 553 2,910 86% 1600 - 1700 54.35 426 3,264 96% 54.50 443 3,301 97% $6.50 265 1,876 55% 57.00 432 3,047 90% $7.45 407 2,686 79% 1700 - 1800 $4.95 356 2,575 76% $4.90 361 2,552 75% $5.40 318 2,013 59% $6.70 409 2,826 83% $6.75 469 2,924 86% 1800-1900 $5.65 487 2,506 74% $4.05 547 2,901 85% $4.05 371 1,992 59% $4.50 562 2,883 85% $6.75 524 2,511 74% 1900-2000 $3.95 380 1,468 43% $3.95 405 1,769 52% $3.95 569 2,447 72% $5.75 493 1,980 58% $6.25 538 2,045 60% Monday 07/26121 Tuesday 07127/21 Wednesday 07128121 Thursday 07129121 Friday 07/30/21 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400 - 1500 $5.30 403 2,582 76% $5.30 409 2,536 75% $5.30 477 2,975 88% $7.70 537 2,913 86% 68.35 479 2,730 80% 1500-1600 $5.65 441 2,745 81% $4.75 508 2,926 86% $7.45 515 2,835 83% $7.45 529 2,865 84% $7.90 575 2,940 86% 1600-1700 54.35 409 3,199 94% 54.50 418 3,075 90% $6.50 413 2,971 87% $7.00 382 2,732 80% $7.45 444 2,741 81% 1700-1800 $4.95 356 2,564 75% $4.90 354 2,486 73% $5.40 419 2,889 85% $6.70 363 2,567 76% $6.75 487 2,846 84% 1800-1900 $5.65 422 2,060 61% $4.05 536 2,839 84% $4.05 590 2,861 84% $4.50 577 2,908 86% $6.75 553 2,434 72% 1900-2000 $3.95 335 1,392 41% $3.95 420 1,831 54% $3.95 529 2,195 65% $5.75 518 2,255 66% $6.25 548 2,040 60% etExpress A Lanes 5 OCTA WESTBOUND PEAK -HOUR VOLUMES Monday 06128121 Tuesday 06129121 Wednesday 06130121 Thursday 07/01121 Friday 07102121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 93.15 424 1,299 38% 93.15 339 1,061 31% 0500-0600 $5.10 595 2,406 71% $4.85 476 2,086 61% 0600-0700 $5.30 421 2,628 77% $5.10 383 2,165 64% 0700-0800 $5.80 381 2,419 71% $5.65 362 1,992 59% 0800 - 0900 $5.30 387 2,374 70% $5.10 357 1,998 59% 0900-1000 $4.20 406 2,308 68% $4.20 384 1,909 56% Monday 07105121 Tuesday 07106121 Wednesday 07107121 Thursday 07108121 Friday 07109121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $1.70 59 131 4% $3.15 409 1,296 38% 93.15 424 1,286 38% $3.15 416 1,226 36% 93.15 352 1,110 33% 0500-0600 91.70 105 269 8% $5.10 583 2,487 73% $5.10 613 2,487 73% $5.10 573 2,423 71% $4.85 472 2,191 64% 0600-0700 $2.50 92 362 11% $5.30 402 2,485 73% 95.30 429 2,591 76% 95.30 459 2,589 76% $5.10 403 2,361 69% 0700-0800 $3.05 124 504 15% $5.80 389 2,485 73% $5.80 397 2,471 73% $5.80 397 2,480 73% 95.65 359 2,239 66% 0800-0900 $3.05 216 748 22% $5.30 383 2,477 73% 95.30 349 2,479 73% 95.30 338 2,260 66% $5.10 379 2,179 64% 0900-1000 $3.85 334 1,142 34% 94.20 408 2,470 73% $4.20 458 2,500 74% $4.20 468 2,467 73% $4.20 399 2,238 66% Monday 07112121 Tuesday 07113121 Wednesday 07114121 Thursday 07115121 Friday 07116121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 93.15 426 1,284 38% $3.15 429 1,299 38% $3.15 419 1,330 39% $3.15 420 1,313 39% 93.15 377 1,257 37% 0500-0600 $5.10 510 2,470 73% $5.10 600 2,506 74% 95.10 619 2,531 74% $5.10 575 2,564 75% $4.85 544 2,211 65% 0600-0700 $5.30 398 2,480 73% 95.30 427 2,676 79% 95.30 432 2,574 76% 95.30 437 2,754 81% $5 10 369 2,216 65% 0700-0800 95.80 351 2,477 73% 95.80 354 2,578 76% $5.80 407 2,615 77% 95.80 347 2,424 71% 95.65 356 2,151 63% 0800-0900 $5.30 364 2,288 67% 95.30 403 2,689 79% $5.30 397 2,515 74% $5.30 360 2,355 69% $5.10 349 2,165 64% 0900-1000 $4.20 406 2,179 64% $4.20 422 2,508 74% $4.20 372 2,404 71% 94.20 379 2,371 70% $4.20 427 2,111 62% Monday 07119121 Tuesday 07120121 Wednesday 07121121 Thursday 07122121 Friday 07123121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $3.15 399 1,322 39% 93.15 431 1,375 40% $3.15 412 1,357 40% $3.15 480 1,549 46% $3.15 332 1,080 32% 0500-0600 $5.10 565 2,555 75% $5.10 594 2,521 74% 65.10 668 3,048 90% $5.10 598 2,457 72% $4.85 538 2,197 65% 0600-0700 $5.30 395 2,498 73% $5.30 417 2,627 77% $5.30 413 2,770 81% $5.30 434 2,641 78% $5.10 412 2,308 68% 0700-0800 $5.80 367 2,467 73% $5.80 401 2,526 74% $5.80 384 2,653 78% 95.80 373 2,365 70% $5.65 350 2,158 63% 0800-0900 $5.30 362 2,291 67% 95.30 365 2,401 71% $5.30 398 2,533 75% 95.30 331 2,361 69% 95.10 315 1,921 57% 0900-1000 $4.20 396 2,098 62% $4.20 378 2,372 70% $4.20 458 2,547 75% $4.20 456 2,392 70% $4.20 408 2,085 61% Monday 07126121 Tuesday 07127121 Wednesday 07128121 Thursday 07129121 Friday 07130121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400- 0500 93.15 436 1,487 44% 93.15 429 1,387 41% $3.15 441 1,385 41% $3.15 509 2,068 61% $3.15 367 1,195 35% 0500 - 0600 $5.10 594 2,595 76% 95.10 603 2,541 75% $5.10 622 2,561 75% $5.10 607 2,695 79% $4.85 531 2,150 63% 0600-0700 $5.30 369 2,481 73% $5.30 455 2,630 77% $5.30 413 2,640 78% $5.30 467 2,741 81% $5.10 375 2,267 67% 0700-0800 $5.80 366 2,382 70% $5.80 370 2,473 73% $5.80 416 2,557 75% $5.80 394 2,506 74% 95.65 370 2,163 64% 0800-0900 $5.30 276 2,183 64% $5.30 360 2,474 73% $5.30 356 2,409 71% $5.30 377 2,468 73% 95.10 371 2,066 61% 0900-1000 $4.20 333 2,175 64% $4.20 404 2,451 72% 9420 476 2,464 72% 94.20 454 2,496 73% 94.20 450 2,176 64% &Express Lanes 6 • • • • • • OCTA OPERATIONAL HIGHLIGHTS On -Road Operations OCTA customer assistance specialists (CAS) responded to 97 calls during the month of July. Of those calls, 81 were to assist disabled vehicles, ten calls to remove debris, and six were in response to accidents/incidents in the Express Lanes. 91 Express Lanes Back -Office System (BOS) Development Update In February, Cofiroute USA, LLC (CUSA) notified OCTA and the Riverside County Transportation Commission (RCTC) of a delay to the implementation of the new BOS for the 91 Express Lanes for both Orange and Riverside counties as a result of the COVID-19 pandemic. CUSA is the current operator of the 91 Express Lanes for both OCTA and RCTC and is the firm selected for the design, development, and implementation of the new BOS, as well as the customer service center operation. In April 2021, OCTA and RCTC (Agencies) provided notice to CUSA that the Agencies will be exercising the first of the six one -month extension period, which will commence July 1, 2021 through July 31, 2021. The Agencies intend to exercise the one -month options until the Agencies transition to the new contract. Agencies' staff are continuing to work with CUSA to meet the revised anticipated go -live date in October 2021. 91 Express Lanes Toll Entrance Gantries Infrastructure Project Update OCTA entered into an agreement with the California Department of Transportation (Caltrans) to provide construction and construction management services for the 91 Express Lanes Toll Entrance Gantries Infrastructure Project. This project entails constructing new toll gantries infrastructure at the three entrances of the OCTA 91 Express Lanes. Caltrans advertised and awarded the project in March 2021 and May 2021, respectively. In June, the contract was executed, and construction is anticipated to begin in August. Upon completion of the infrastructure project, Kapsch TrafficCom USA, Inc., the toll lanes system integrator for the 91 Express Lanes, will install new Electronic Toll and Traffic Management system equipment onto the new gantries. • Express J Lanes FINANCIAL HIGHLIGHTS OCTA 91 Express Lanes O•eratin• Statement YTD as of : 7/31/2021 YTD Variance Description Actual (1) Budget (1) Dollar S Percent (%) Operating revenues: Toll Revenue $ 4,820,96721 $ 3,365,605.00 $ 1,455,362.21 43.2 Fee Revenue 574.597.91 187,275 00 387,322.91 206.8 Total operating revenues 5 395 565 12 3 552 880 00 1.842 685 12 51 9 Operating expenses: Contracted Services Administrative Fee Other Professional Services Credit Card Processing Fees Toll Road Account Servicing Other Insurance Expense Toll Road Maintenance Supply Repairs Patrol Services Building Equipment Repairs and Maint 6C Transponders Other Services t5) Utilities Office Expense Bad Debt Expense Miscellaneous tz) Leases Total operating expenses Depreciation and Amortization t3; 249,715.00 (190,304.67) 116.74184 46,348.51 38,360 96 45,245.55 80,754.20 (8.535.55) (783,000.00) 105.32 9,23115 924.22 12,568.78 639.328.00 260,146.00 168,714.00 90,750.00 89.000.00 20,825.00 591.660.00 91,630.00 18,411.00 1,200.00 7,916.00 5,414.00 3,982.00 41,234.00 639,328.00 10,431.00 359,018.67 (25,993.84) 42, 651.49 (17,535.96) 546,414.45 10,875.80 26.946.55 784,200.00 7.810.68 5,414.00 (9,233_15) 3,057.78 28,665.22 100.0 4.0 212.8 (28.6) 47.9 (84.2) 92.4 11.9 146.4 NIA 65,350.0 98.7 100.0 N/A 76.8 69.5 (381.840.69) 269,690.08 2,030,210.00 2,412, 050.69 (269.690.08) 118.8 N/A Operating income (loss) 5 507 715 73 1 522 670 00 3 986 045 73 261.7 Nonoperating revenues (expenses): Reimbursement from Other Agencies Interest Income Interest Expense Other 31,604.96 323,477.36 ' (353,349.97) 143,353.00 31,604.96 180,124.36 (353,349.97) N/A 125.7 N/A N/A Total nonoperating revenues (expenses) 1.732.35 143,353.00 (141.620.65) 98.8 Transfers In Transfers Out t-0; 708,606.06 708 606 06 N?A N/A Net income (loss) S 6,218,054.14 S 1,666,023.00 $ 4.552.031.14 'Actual amounts are accounted for on the accrual basis of accounting in an enterprise fund. Budget amounts are accounted for on a modified accrual basis of accounting. 'Miscellaneous expenses include: Bond Insurance Costs, Bank Service Charge, Transponder Materials. "Depreciation and amortization are not budgeted items. 'Transfers Out: For M2 Project I and Project J expense reimbursements. 5 Litigation settlement was accrued, the negative will be offset once the litigation payment is issued. 273.2 ep4Express J Lanes 8 • • • � OPERATIONS OVERVIEW RCTC TRAFFIC AND REVENUE STATISTICS FOR RCTC Total traffic volume on the 91 Express Lanes for July 2021 was 1,483,892. This represents a daily average of 47,867 vehicles. This is a 62.1 percent increase in total traffic volume from the same period last year, which totaled 915,185 and was the fifth month of the COVID-19 stay-at-home order. Potential toll revenue for July was $5,044,170, which represents an increase of 61.8 percent from the prior year's total of $3,118,009. Carpool percentage for July was 22.1 percent as compared to the previous year's rate of 21.5 percent. As compared to July 2019, traffic volume increased by 12.8 percent and revenue decreased by 4.1 percent. MTD traffic and revenue data is summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the RCTC 91 Express Lanes and associated potential revenue for the month of July 2021. Current MTD as of July 31, 2021 Trips JUL-21 MTD Actual JUL-20 MTD Actual Yr 21-to-Yr 20 % Variance JUL-19 MTD Actual Yr 21-to-Yr 19 Variance Full Toll Lanes 1,155,476 718,572 60.8% 960,601 20.3% 3+ Lanes 328,416 196,613 67.0% 354,489 (7.4%) Total Gross Trips 1,483,892 915,185 62.1% 1,315,090 12.8% Revenue Full Toll Lanes $4,998,728 $3,081,096 62.2% $5,213,968 3+Lanes $45,442 $36,913 23.1% $43,333 4.9% Total Gross Revenue $5,044,170 $3,118,009 61.8% $5,257,301 '%) Average Revenue per Trip Average Full Toll Lanes $4.33 $4.29 0.9% $5.43 (2u.. o) Average 3+ Lanes $0.14 $0.19 26.3%) $0.12 16.7% Average Gross Revenue $3.40 $3.41 (0.3%) $4.00 (15.0%) &Express Lanes 9 RCTC Traffic and Revenue Summary The chart below reflects the total trips broken down between full toll lanes and HOV3+ lanes for FY 2021-22 on a monthly basis. The chart below reflects the gross potential revenue breakdown between full toll lanes and HOV3+ lanes for FY 2021-22 on a monthly basis. &Express Lanes 10 • • • • • • RCTC PEAK -HOUR VOLUMES In July, there were several toll rates adjusted in response to traffic volumes. RCTC evaluates traffic volumes for peak -period hours and increases or decreases rates according to the toll -rate policy. RCTC EASTBOUND PEAK -HOUR VOLUMES Eastbound PM Peak - County Line to McKinley Monday 06,28i21 Tuesday 06'29'21 Wednesday 0E 30:21 Thursday 07'01'21 Friday 07011'21 P13 Time Rice HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400 - 1500 - - .. - .. -. 4 - 1500 - 1600 017.30 252 922 1,174 0 $26.50 276 926 1,102 0 1660 - 1700 $9.15 231 903 1,134 0 516.30 238 859 1,097 0 1700.1800 $5.45 237 943 1,180 0 $8.10 215 815 1,030 0 1500. 1900 55.45 252 946 1,198 0 55.45 232 732 964 C 1900. 2000 5425 295 965 1,261 E $4.25 275 669 944 C Monday 0705'21 Tuesday 0705.21 -Wednesday 0707'21 Thursday 0708/21 Friday 07109.21 P00 Time Rice HOV SOV Vol. LOS Price HOV SOV Vol. LOS Prise "; HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1466-1511 51.60 214 467 681 3 55.45 191 979 1 770 :7 59.15 202 942 "44 0 511.20 284 1,046 1,330 F 526.80 2:i = 1566 -1661 51.60 213 440 653 B 511.20 200 888 1,088 D 514.25 199 935 1,134 D 517.30 225 847 1,072 D $26.50 244 967 1,11 1 0 1666-1711 51.60 156 359 515 8 57.05 195 949 1,144 D 57.05 206 1,000 1,206 E 59.15 180 955 1,135 0 516.30 228 964 1,192 0 1760 - 1811 51.60 164 329 493 8 55.45 185 938 1,123 0 55.45 196 1,018 1,214 E 55.45 209 957 1,166 0 58.10 240 878 1,118 0 1100 - 1911 51.60 188 330 518 8 55.45 248 894 1,142 D 55.45 234 922 1,156 0 55.45 293 887 1,180 0 55.45 252 950 1,202 E 1900 - 2661 51.60 181 293 474 8 52.30 194 657 851 C 52.31 218 830 1,056 D 54.25 262 849 1,111 0 $4.25 255 742 997 C Monday 07/12121 Tuesday 0713'21 Wednesday 07114'21 Thursday 07115;21 Friday 07116'21 PM Time Rice NOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOY Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400- 1500 55.45 219 936 1,155 0 $5.45 245 1,037 1,282 E 59.15 241 1,036 1,277 E 511.23 231 1,015 1,246 E $26.80 287 972 1,259 E 1508 - 1600 59.15 191 810 1,001 0 511.20 216 875 1,091 D 514.3 210 892 1,102 0 517.30 247 848 1,095 D 526.50 253 877 1,130 0 1E00.1700 87.05 180 936 1,116 0 57.05 170 894 1,064 D 57.05 180 909 1,089 0 59.15 210 962 1,172 0 516.30 231 983 1,214 E 1700. 1800 55.45 191 928 1,119 D 55.45 158 942 1,100 0 55.45 189 901 1,090 0 $5.45 188 972 1,160 D $8.10 232 987 1,219 E 1066 - 1908 54.25 242 921 1,163 D 55.45 243 914 1,157 D 55.45 213 786 999 C 55.45 283 1,131 1,314 F 55.45 234 869 1,103 0 1904 - 2111 52.30 184 544 728 8 52.30 218 737 955 C 52.30 248 752 1,000 0 $4.25 215 796 1.011 D $4.25 266 725 993 C Monday 07/19721 Tuesday 07120121 Wednesday 07/21121 Thursday 07/2221 Friday 07'23'21 PI,1 Time Rice NOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400 - 1500 $5.45 217 973 1,190 0 55.45 210 1,053 1,263 E 59.15 243 1,119 1,362 F 511.20 224 1,076 1,300 E $26.80 244 975 1,219 E 1500- 1600 $9.15 197 885 1,082 D 511.20 194 898 1,092 D 514.25 214 899 1,113 0 517.30 236 991 1,227 E $26.50 242 915 1,157 0 1000 -1700 57.05 177 944 1,121 0 57.05 214 919 1,133 D 57.05 156 819 975 C 59.15 253 981 1,234 E 516.30 224 918 1,142 0 1700. 1600 55.45 193 913 1,106 D 55.45 181 925 1,106 0 55.45 150 881 1,031 0 55.45 221 998 1,219 E $8.10 218 892 1,110 0 1000.1900 54.25 229 829 1,058 0 55.45 225 912 1,137 D 55.45 189 814 1,003 0 $5.45 296 940 1,236 E 55.45 265 934 1,199 0 1400-2000 52.30 154 509 663 B 52.30 213 689 902 C 52.30 279 840 1,119 D 54.25 244 692 936 0 54.25 261 860 1,121 0 Monday 07126121 Tuesday /7727121 Wednesday 0178'21 Thursday 07129+21 Friday 07/30+21 PM Time Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS Price HOV SOY Vol. LOS Price HOV SOV Vol. LOS Price HOV 50V Vol. LOS 1400. 1500 05.45 190 925 1,115 0 55.45 225 995 1,220 E $9.15 224 970 1,194 0 011.20 282 987 1,269 E 026.80 KT 1,016 1,243 E 1500 - 1600 $9.15 186 833 1,019 0 $11.20 227 926 1,153 D 514.25 219 951 1,170 D 517.33 256 906 1,162 D $26.50 263 935 1,198 D 1808 - 1700 57.05 184 898 1,082 0 57.05 190 925 1,115 D 57.05 232 1,007 1,239 E 59.15 210 964 1,174 D 516.30 278 969 1,247 E 1700 - 1800 $5.45 195 896 1,091 0 55.45 214 955 1,169 D 55.45 179 939 1,118 D 55.45 194 864 1,058 D $8.10 236 926 1,162 0 1000 - 1900 $4.25 182 731 913 C 55.45 257 854 1,111 D 55.45 246 938 1,184 0 55.45 260 900 1,160 D 55.45 312 937 1,249 E 1900 .2000 $2.30 139 489 628 B 52.30 201 655 856 C 52.30 265 823 1,088 D 54.25 277 866 1,143 0 54.25 257 724 981 0 &Express 41 Lanes 3.1 Eastbound PM Peak - County Line to 15 SB Ontario Monday 06/28!21 Tuesday 06/2921 Wednesday 06;30'21 Thursday 07.01/21 Friday 07'0221 P12 Time Rice HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400 - 1500 % . 1r tt $5.45 140 745 885 C 6515 120 556 724 B 1500 - 1600 65.45 134 671 805 C $5.45 138 592 730 B 4.7 1600 - 1700 65.45 127 627 751 B 63.00 128 509 637 B 1700 - 1800 15.45 100 583 683 B 63.00 132 560 692 B 1800 - 1800 ,; 63.00 146 626 772 8 13.00 112 424 536 B 1900 - P000 63.00 199 643 842 C 63.00 157 396 553 B Monday 07/05721 Tuesday 07106,21 Wednesday 07/07/21 Thursday 07/18121 Friday 1719/21 PA Time Price HOV SOV Vol. LOS Price HOY SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400 - 1500 52.00 129 359 488 8 55.45 121 670 791 B $5.45 126 663 789 B $5.45 138 698 834 0 0545 140 662 802 C 1500 - 1600 62.00 110 263 373 A 65.45 136 729 865 C 65.45 104 672 776 B 65.45 123 709 832 C 65.45 103 579 682 8 1600 - 1700 62.00 116 222 338 A 65.45 82 617 699 B 65.45 109 727 836 C 15.45 85 671 756 B 13.00 123 608 731 B 1700 - 1800 62.00 99 221 320 A 63.03 105 624 729 B 15.45 122 627 749 B 65.45 110 645 755 B 63.00 118 605 723 B 1800 - 1900 62.00 100 191 291 A 63.00 150 676 826 C 13.00 127 700 827 C 63.00 131 658 789 6 63.00 151 582 733 8 1900 - 2000 62.00 105 189 294 A 63.00 117 494 611 B 13.00 147 651 798 B 63.00 152 603 755 B 63.00 142 520 662 8 Monday /7112121 Tuesday 07/11121 Wednesday 07/14/21 Thursday /7115121 Friday 07116'21 P,1 Time Rice 140V SOV Vol. LOS Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400 - 1500 05.45 163 873 1,036 D 55.45 129 &?0 529 5545 127 764 391 C 65 45 135 663 823 0 05 45 142 678 820 C 1500 - 1600 65.45 162 777 939 C 15.45 113 707 820 0 15.45 129 671 800 B 6545 127 663 790 8 65.45 144 636 780 B 1600 - 1700 63.00 115 667 802 C 65.45 101 642 746 B 15.45 127 663 790 B 65.45 101 700 801 C 13.00 103 618 721 B 1700 - 1800 63.00 101 632 733 B $3.00 96 696 792 8 15.45 118 666 784 B 65.45 92 644 736 B 63.00 125 625 750 B 1100 - 1900 13.00 126 648 774 B 13.00 154 670 828 C 13.03 125 621 746 B 63.00 141 680 821 C 63.00 136 584 720 B 1900 - 2000 62.00 104 448 552 6 83.00 119 587 706 B 63.00 114 533 647 B 63.00 157 619 776 8 83.00 173 548 721 B Monday 17/19121 Tuesday 07.20121 Wednesday 07'21'21 Thursday 07.2221 Friday 07)2321 P4 Time Rice HOV SOV Vol. LOS Price 1401/ SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400. 1500 35.45 123 698 821 „ 35.45 117 738 855 0 65.45 140 753 893 0 9545 43 763 Sin 0 35 45 121 701 822 C 1500 - 1640 15.45 123 711 834 C 15.45 99 660 759 B 15.45 126 661 787 B 55.45 117 636 753 0 65.45 109 678 787 B 1600. 1700 63.00 107 712 819 C 15.45 108 684 792 B 15.45 83 486 569 8 $5.45 131 695 826 C 13.00 133 678 811 C 1?00. 1600 13.00 104 647 751 B 13.00 97 666 763 B 15.45 78 527 605 B 65.45 116 631 747 8 63.00 90 624 714 6 1000. 1900 13.00 112 643 755 B 13.00 130 682 812 C 13.00 109 627 736 B 63.00 124 648 772 B 03.00 113 522 635 B 1900 - 2000 12.00 95 367 462 8 13.00 103 514 617 8 13.00 170 675 845 C $3.00 152 606 758 8 63.00 185 574 759 B Monday 07,26/21 Tuesday 0727'21 Wednesday 07.2821 Thursday 01/29/21 Friday 07'30.21 P4 Tme Rice HOV SOV Vol LOS Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS Price 110V SOV Vol. LOS Price HOV SOV Vol LOS 1400.1500 65.45 115 665 780 8 5545 127 -5. 777 8 05545 '24 683 907 C 55.45 135 723 858 0 3545 '32 6`5 747 B 1500 - 1640 15.45 89 599 688 B 15.45 131 665 796 B 15.45 116 707 823 C 05.45 120 676 796 B 65.45 132 618 750 B 1600 - 1700 13.00 112 666 778 8 15.45 110 636 746 B $5.45 130 702 832 C 65.45 98 639 737 B 13.00 136 602 738 B 1700 - 1000 63.00 107 624 731 8 13.00 112 655 767 8 15.45 122 643 765 B 65.45 87 607 694 B 63.00 140 555 695 8 1800. 1900 13.00 108 516 624 6 13.00 135 670 805 0 63.00 126 635 761 B 13.00 132 713 845 C 63.00 139 552 691 6 1900 - 2000 12.00 91 352 443 8 13.00 132 506 638 B 13.00 178 585 763 B 63.00 163 614 807 C 63.00 161 488 619 8 Express Lanes 12 • • • • • • RCTC WESTBOUND PEAK -HOUR VOLUMES Westbound AM Peak - McKinley to County Line Monday 0628.,21 Tuesday 06.29:21 Wednesday 06 30 21 Thursday 0701:21 Friday 0702221 AM Time Price HOV SOV Vol, LOS Price HOW SOV Vol. LOS Price HOV SOV Vol. LOS Rice HOV SOV Vol. LOS Price HOV NV Vol. LOS 0100. 0500 0 -25 179 391 570 3 Se 30 102 3_3 55 3 0500 - 0600 010.15 319 1,019 1,338 E 57.05 212 970 1,182 D 0600 . 0700 013.95 210 1,229 1,438 F 58.10 234 1,089 1,293 E 0700 - 0800 59.95 234 1,564 1,798 F 57.05 241 1,131 1,372 F 0800- 0900 57.05 202 1,342 1,544 F 54.25 166 913 1,079 D 0900-1000 55.45 203 922 1,125 D 54.25 186 678 864 C Monday 0705121 Tuesday 0706121 Wednesday 070721 Thursday 0710621 Friday 07'09;21 AM Time Rice 140V SOV Vol. LOS Rice H0/ SOV Vol. LOS Rice HOV SOV Vol. LOS Rice HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400 - 0500 51.63 11 22 33 61.25 163 391 584 B 54.25 195 390 595 _ __.25 232 309 591 8 92.30 101 122 529 5 0500 - 0600 01.60 38 83 121 A 511.20 318 1,088 1,406 F 511.20 311 1,070 1,381 F 510.15 302 1,045 1,347 E 57.05 207 952 1,159 D 0600.0700 51.60 37 159 196 A 514.95 206 1,156 1,362 F 51495 224 1,256 1,480 F 013.95 249 1,255 1,504 F 58.10 216 1,122 1,338 E 0700 .0800 51.60 75 211 286 A 510.95 223 1,343 1,566 F 510.95 227 1,446 1,673 F 59.95 262 1,487 1,749 F 57.05 239 1,338 1,577 F 0800-0000 51.60 105 317 422 B 57.05 207 1,480 1,687 F 57.05 182 1,383 1,565 F 57.05 211 1,303 1,514 F $425 204 1,192 1,396 F 0300 - 1000 51.60 194 461 655 8 5545 202 1.137 1,339 E 85.45 239 1,155 1,394 F 5545 228 1,062 1.290 E 54.25 2366 955 1,061 D Monday 0712121 Tuesday 07/130121 Wednesday 071421 Thursday 07115;21 Friday 0716.21 AM Time Rice 1101/ SOV Vol. LOS Rice 110V SOV Vol. LOS Price HOV SOV Vol. LOS Rice HOV SOV Vol. LOS Rice 110V SOV Vol. LOS 0400 - 0500 94 3 187 -2- 515 2 9=25 16 412 521 9 6125 225 375 520 2 04.25 139 4)3 589 0 62.30 172 443 012 3 0500.0600 511.20 266 1,053 1.319 E 511.20 265 1,077 1,342 E 511.20 299 989 1,288 E 510.15 248 1,100 1,348 E 57.05 267 935 1,202 E 0600 - 0700 513.95 200 1,250 1,450 F 514.95 226 1,242 1,468 F 514.95 222 1,161 1,383 F 513.96 199 1,308 1,507 F ':.10 214 1,105 1,319 E 0700 - 0800 510.95 208 1,562 1,770 F 510.95 215 1,462 1,677 F 810.95 264 1,459 1,723 F 59.95 223 1,490 1,713 F 57.05 234 1,223 1,457 F 0800 .0900 ST .C6 196 1,264 1,460 F 57.05 22) 1,525 1,745 F $7.06 207 1,501 1,708 F 57.05 212 1,336 1,548 F 54.25 193 1,109 1,3@ E W00 - 1000 55.45 206 875 1,081 D 55.45 200 1,114 1,322 E 55.45 220 1,125 1.345 E 55.45 228 1.053 1,281 E $4.25 226 848 1,074 D Monday 07119/21 Tuesday 0770.21 Wednesday 0721.21 Thursday 072221 Friday 072321 AM Time Rice HOV SOV Vol. LOS Rice H0✓ SOV Vol. LOS Price HOV SOV Vol. LOS Rice 11011 SOV Vol. LOS Rice 110V S3V Vol. LOS 6100 . 0500 01 2f 159 152 511 - 25 16: 1E9 592 2 1212 -- 033 2 20 211 372 594 _ 62.20 132 '2 552 0500.0600 511.20 288 1,073 1,361 F 511.20 268 1,136 1,404 F 511.20 293 1,158 1,451 F 510.15 314 1,090 1,404 F 57.05 254 960 1,214 E 0600 - 0700 513.95 193 1,250 1,443 F 514.95 204 1,289 1,493 F 514.95 189 1,171 1,360 F 513.95 211 1,335 1,546 F 58.10 230 1,106 1,336 E 0700 - 0800 $10.95 213 1,465 1,681 F 510.95 217 1,410 1,627 F 510.95 233 1,453 1,686 F 59.95 211 1,470 1,681 F 57.05 213 1,174 1,387 F 0800 - 0900 6706 197 1,245 1,442 F 57.05 219 1,465 1,684 F 87.06 258 1,415 1,673 F 57.05 208 1,232 1,490 F $4.25 185 1,054 1,239 E 0000 -1000 55.45 205 933 1,138 D 55.45 159 1,071 1,230 E 55.45 223 1,091 1,314 E 55.45 223 1,009 1,232 9 $4.25 238 1.029 1,267 E Monday 0726.21 Tuesday 0727.21 Wednesday 072521 Thursday 07.29.21 Friday 0730121 AM Time Rice HOV SOV Vol. LOS Rice HOV SOV Vol. LOS Price HOV SOV WI. LOS Rice 140/ SOV Vol. LOS Price 110V 93V Vol. LOS 0100-0500 54.25 182 486 658 .-.25 19'0 __. v3: _ 6!.25 185 179 574 _ 64.25 21= 527 7=1 _ „2.30 1701 __9 ?28 8 0500 - 0600 S11.20 320 1,125 1,445 F $11.20 285 1,069 1,354 F 511.20 290 1,139 1,429 F 510.15 303 1,186 1,489 F S7.05 213 955 1,168 D 0600 - 0700 513.95 194 1,208 1,402 F 814.95 239 1,269 1,508 F 514.95 210 1,263 1,473 F 513.95 272 1,305 1,577 F $8.10 200 1,019 1,249 E 0700 - 0800 510.95 215 1,421 1,636 F $10.95 234 1,452 1,686 F 510.95 234 1,501 1,735 F $9.95 256 1,478 1,734 F 57.05 210 1,285 1,495 F 0800 -1X100 57.05 148 1,304 1,4.52 F 57.05 172 1,360 1,532 F 57.06 201 1,313 1,514 F 57.05 219 1,369 1,588 F 84.25 185 1,131 1,316 E (000 -1000 55.45 185 1,005 1,190 D 55.45 202 1,069 1,271 E 55.45 219 1,013 1,232 E 55.45 247 1,123 1,370 F $4.25 197 865 1,062 D • Express 1 Lanes 13 Westbound AM Peak -1-15 North to County Line Monday 0628;21 Tuesday 0629,21 Wednesday 083021 Thursday 0701,21 Friday 0702,21 AM Time Price HOV SOV Vol. LOS Rice HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV 9DV Vol. LOS 0400 - 0500 53.00 114 421 535 B 52.00 87 322 400 B 0500 - 0600 87.00 181 917 1,098 D $5.45 139 775 914 C 0600 - 0700 87.00 140 1,171 1,311 E $6.45 126 866 992 C 0700 - 0800 17.00 124 1,121 1,245 E 85.45 117 819 936 C 0800 - 0900 85.45 119 993 1,117 0 $3.00 111 759 870 C 0900 - 1000 53.00 124 736 860 C $3.00 131 670 801 C Monday 07 05 21 Tuesday 07,06121 Wednesday 07/07/21 Thursday 07/08/21 Friday 07/09/21 AM Time Price HOV SOV Vol. LOS Rice HOV 3011 Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV 9011 Vol. LOS 0400-0500 8200 23 48 71 A 53.00 123 423 546 B $3.00 128 418 546 B 83.00 110 383 490 0 $2.30 81 358 439 B 0500 - 0600 1200 37 79 116 A 17.00 196 93) 1,128 D 17.00 197 936 1,133 D 17.00 180 937 1,117 D 55.45 117 845 962 0 0600-0790 8200 33 143 182 A 87.00 152 1,136 1,288 E 87.00 151 1,202 1,353 E 87.00 179 1,143 1,322 E 85.45 141 985 1,126 D 0700.0800 8200 46 188 234 A 57.00 165 1,180 1,345 E 87.00 146 1,151 1,297 E 87.00 144 1,164 1,308 E 55.45 136 921 1,057 D 0800 - 0900 8200 67 241 308 A 85.45 110 1,001 1,200 E 85.45 125 1,069 1,194 D $5.45 127 965 1,092 D $3.00 116 864 980 C 0900-1000 $203 103 324 427 0 13.00 136 807 943 C 83.00 153 834 987 C 13.06 133 !00 1,013 D 13.00 139 742 881 - Monday 07/12121 Tuesday 07/13/21 Wednesday 0711421 Thursday 07/15121 Friday 07.16.721 AM Time Price HOV SOV Vol. LOS Rice HOV SOV Vol. LOS Price HOV SOV Vol. LOS Rice HOV SOV Vol. LOS Price HOV SDV Vol. LOS 0400-0500 53.00 128 428 556 B 53.00 118 449 567 B 53.00 135 422 557 B 53.00 108 419 527 B K.00 105 376 481 B 0500 - 0600 $7.00 146 991 1,137 D 57.00 174 982 1,156 D 87.00 189 915 1,104 0 87.00 162 975 1,137 D $5.45 172 802 974 C 0600 - 0700 57.03 144 1,147 1,291 E 87.00 135 1,228 1,363 E 57.00 163 1,183 1,346 E 1700 143 1,239 1,382 E 15.45 141 940 1,081 D 0700 - 0800 $7.00 112 1,182 1,294 E 87.00 150 1.312 1.462 F $7.00 159 1.255 1,414 F $7.00 121 1,113 1,234 E 65.45 133 872 1,005 D 0800 - 0900 $5.45 118 960 1,078 D 5545 129 1.133 1262 E $5-45 127 1,081 1,208 E 15.45 148 1,035 1,153 D 83.00 134 831 965 C 0900 - 1000 2300 142 719 861 C 83.00 140 8 : 1,028 D 23 )2 121 752 873 C 83.02 138 817 955 C 13.00 146 686 832 C Monday 07719/21 Tuesday 0720,21 Wednesday 07/21121 Thursday 07122/21 Friday 07/23/21 AM Time Price HOV SOV Vol. LOS Rice HOV SOV Vol. LOS Price HOV SOV Vol. LOS Rice HOV SOV Vol. LOS Price HOV 90V Vol. LOS 0400 - 0500 93.00 111 457 568 B 53.00 129 450 579 B 53.00 96 418 514 B 53.00 125 433 555 B 52.00 80 391 474 3 0500 - 0690 57.00 148 1,063 1,211 E 17.00 145 1,003 1,148 D 57.00 164 1,004 1,168 D 87.00 181 925 1,106 D 65.45 136 804 940 C 0600-0700 87.00 129 1,154 1,283 E 87.00 128 1,231 1,359 E 8700 145 1,243 1,388 E 87.00 126 1,193 1,319 E 15.45 140 904 1,044 D 0700.0800 87.00 121 1,159 1,280 E 17.00 138 1,228 1,306 E 87.00 171 1,292 1,463 F 17.00 172 1,144 1,266 E 65.45 118 987 1,105 D 0800 - 0900 $5.45 144 944 1,088 D 15.45 130 1,065 1,195 D $5.45 190 1,051 1,241 E 55.45 145 1,038 1,183 D 83.00 124 872 946 C 0900 -1000 53.00 144 759 903 C 53.00 130 850 980 C 63.00 170 096 1.066 D 63.00 167 885 1; 052 0 53.00 155 772 927 C Monday 0726121 Tuesday 0727/21 Mednesday 0712821 Thursday 07,29,21 Friday 07/30/21 AM Time Price HOY SOV Vol. LOS Rice HOW SOV Vol. LOS Price HOV SOV Vol. LOS Rice HOV SOV Vol. LOS Price HOV 9DV Vol. LOS 0400-0500 53.00 134 463 597 B $3.03 118 457 585 B $3.00 127 442 559 B 53.00 139 445 584 B 52.00 109 377 486 B 0500 - 0600 87.00 161 966 1,127 D 87.00 167 931 1,090 D 87.03 165 983 1,148 D 87.00 170 984 1,154 D $5.45 136 803 939 C 0600-0700 87.00 132 1,096 1,228 E 57.00 156 1,206 1,362 E 87.00 135 1,167 1,302 E 87.00 166 1,157 1,323 E 16.45 122 974 1,096 D 0700 - 0800 87.00 123 1,072 1,195 D 17.00 136 1,248 1,384 E 87.00 143 1,241 1,384 E 87.00 162 1,131 1,293 E 55.45 103 915 1,018 D 0800 - 0900 $5.45 106 1,008 1,114 D 15.45 122 1,111 1,233 E 8545 133 1,049 1,182 D 85.45 130 1,012 1,172 D 13.00 129 833 962 C 0900 -1090 13.00 131 840 971 C 13.00 131 849 980 C 1300 178 838 1,016 D 83.00 163 801 964 C 63.00 169 758 927 C Express J Lanes �4 • • • • • • RCTC OPERATIONAL HIGHLIGHTS On -Road Operations RCTC Freeway Service Patrol responded to 92 calls during the month of July. Of those calls, 64 were to assist disabled vehicles, eight calls to remove debris, and 20 were in response to accidents in the Express Lanes. 91 Express Lanes BOS Development Update In February, CUSA notified OCTA and RCTC of a delay to the implementation of the new BOS for the 91 Express Lanes for both Orange and Riverside counties as a result of the COVID-19 pandemic. CUSA is the current operator of the 91 Express Lanes for both OCTA and RCTC and is the firm selected for the design, development, and implementation of the new BOS, as well as the customer service center operation. In April 2021, OCTA and RCTC (Agencies) provided notice to CUSA that the Agencies will be exercising the first of the six one -month extension period, which will commence July 1, 2021 through July 31, 2021. The Agencies intend to exercise the one -month options until the Agencies transition to the new contract. Agencies' staff are continuing to work with CUSA to meet the revised anticipated go -live date in October 2021. Express Lanes 15 FINANCIAL HIGHLIGHTS RCTC RCTC 91 Express Lanes O•erating Statement YTD as of : 31/2021 YTD Variance Description Actual Budget Dollar $ Percent (%) Operating revenues: Toll Revenue $ 4,557,827.42 $ 2,986,250.00 $ 1,571,577.42 52.6 Fee Revenue 551,759.06 476,408.33 75,350.73 15.8 Total operating revenues 5,109,586.48 3,462,658.33 1,646,928.15 47.6 Operating expenses: Salaries and Benefits 44,660.53 71,066.67 26,406.14 37.2 Legal Services - 17,083.33 17,083.33 100.0 Advisory Services (284.34) 2 416.67 701.01 168.2 Audit and Accounting Fees - 3,000.00 3,000.00 100.0 Service Fees - 1,558.33 1,558.33 100.0 Other Professional Services 24,129.93 104,958.33 80,828.40 77.0 Lease Expense 31,604.96 26,591.67 (5,013.29) (18.9) Operations (197,085.80) 2 301,483.33 498,569.13 165.4 Utilities 187.60 5,425.00 5,237.40 96.5 Supplies and Materials - 2,791.67 2,791.67 100.0 Membership and Subscription Fees - 2,500.00 2,500.00 100.0 Office Equipment & Furniture (Non -Capital) - 6,666.67 6,666.67 100.0 Maintenance/Repairs (6,066.71) 2 25,716.67 31,783.38 123.6 Training Seminars and Conferences - 133.33 133.33 100.0 Transportation Expenses - 208.33 208.33 100.0 Lodging - 108.33 108.33 100.0 Meals - 250.00 250.00 100.0 Other Staff Expenses - 25.00 25.00 100.0 Advertising - 17,916.67 17,916.67 100.0 Program Management - 6,925.00 6,925.00 100.0 Program Operations (111,550.85) 2 697,850.00 809,400.85 116.0 Litigation Settlement - - - N/A Furniture & Equipment - 6,250.00 6,250.00 100.0 Improvements 24,997.50 4,583.33 (20,414.17) (445.4) Bad Debt Expense 9,268.11 - (9,268.11) N/A Total operating expenses (180,139.07) 1,303,508.33 1,483,647.40 113.8 Operating income (loss)I 5,289,725.55 2,159,150.00 3,130,575.55 145.0 Nonoperating revenues (expenses): Interest Revenue 204,488.46 12,458.33 192,030.13 (1,541.4) Other Miscellaneous Revenue 2.53 - 2.53 N/A Principal Expense - (318,333.33) 318,333.33 (100.0) Interest Expense - (753,408.33) 753,408.33 (100.0) Total nonoperating revenues (expenses) 204,490.99 (1,059,283.33) 1,263,774.32 119.3 Transfers In - - - N/A Transfers Out - (89,558.33) 89,558.33 (100.0) Net income (loss) $ 5,494,216.54 $ 1,010,308.33 $ 4,483,908.21 443.8 Unaudited ` Negatives are the result of FY21 accruals • Express 1 Lanes 16 • • • • • • JOINT AGENCY MULTI AGENCY MONTH ENDING TRIP AND REVENUE STATISTICS TRIP AND REVENUE STATISTICS July 31, 2021 MTD Transactions by Agency Transactions Using Both Segments %Using Both Segments Revenue Westbound OCTA 888,856 468,442 53% $2,419,527 RCTC 798,484 468,442 59% $2,709,612 I-15 339,070 269,035 79% $1,008,940 McKinley 459,414 199,407 43% $1,700,672 Eastbound OCTA 854,746 519,200 61% $2,886,714 RCTC 685,408 519,200 76% $2,334,558 I -15 265,732 208,814 79% $651,961 McKinley 419,676 310,386 74% $1,682,596 JOINT AGENCY TRAFFIC STATISTICS 1,000,000 900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 Joint Agency Traffic Statistics 59% OCTA RCTC OCTA Westbound Eastbound • OCTA Transactions ■ RCTC Transactions ■ % of OCTA Transactions Using Both Segments % of RCTC Transactions Using Both Segments 76% RCTC &Exress an 17 Netw ork Uptime Monthly 99% Availability CUSA = Cofiro ute USA *Plate M is read Error performance is current after a 60 -day hold -back period, thereto re, percentage reported here is fo r two months prior to the month of this report. **Call Wait Time and Abandoned Rate are out of compliance due to COVID 16 impacts. 6:38 8.9% 75 1.6 0.9 0.05% 0 0 JOINT AGENCY PERFORMANCE MEASURES REPORTING REQUIREMENT Reporting Period PERFORMANCE STANDARD Jul -21 Performance CUSTOM ER SERVICE Call Wait Time Abandon Rate Customer Satisfaction VIOLATION PROCESSING Response Time Monthly Within 2 business days of receipt CUSA Violation Collection Rate Quarterly 70% or more CUSA Violation Collection Rate Annually 74% or more TRAFFIC OPERATIONS Initial & Secondary Review s Monthly Equal to or less than 15 days * Plate Misread Errors Monthly Equal to or less than 0.4% ACCOUNTING OCTA Exceptions Monthly No more than 3 RCTC Exceptions Monthly No more than 3 INFORMATION TECHNOLOGY Back -office System Uptime Monthly 99% Availability 100% 100% Monthly Not to exceed 2 minutes Monthly No more than 4.0% Monthly At least 75 outbound calls JOINT AGENCY TRANSPONDER DISTRIBUTION T21 TRANSPONDER DISTRIBUTION July -21 June -21 Tags %of Total Tags %of Total FY 2021-22 Average To -Date Issued To New Accounts Additional Tags to Existing Accounts Replacement Transponders Returned Account Closures Accounts Dow nsizing Defective Transponders Total Issued Total Returned 0 0 0 0 #DN/0! • #DiV/0! ✓ #DIV/0! 7 0.4% 1,576 99.6% 295 81.0% 7 1.9% 62 17.0% 364 6,113 100.0% 1,583 6,113 O r #DIV/0! 0 r #DIV/0! O r #DIV/0! 0 7 0.4% 1,576 99.6% 0 0.0% 1,583 itPAExpress Al Lanes 18 • • • 6C TRANSPONDER DISTRIBUTION July -21 June -21 Tags %of Total Tags % of Total FY 2021-22 Average To -Date Issued To New Accounts Additional Tags to Existing Accounts Replacement Transponders Total Issued 9,181 335 0 0.0% 9,516 96.5% 3.5% 18,544 116 18,660 Returned Account Closures Accounts Dow nsizing Defective Transponders Total Returned 99.4% 0.6% 9,181 96.5% 335 3.5% 0 0.0% 9,516 At the end of July 2021, the 91 Express Lanes had 155,815 active customer accounts and 590,880 transponders classified as assigned. Number of Accounts by FY As of July 31, 2021 180,000 160,000 140,000 - 120,000 1114,138 112,584 112,473 112,929 113,672 100,000 80,000 60,000 -1 40,000 - 20,000 116,813 119,782 130,048 140,694 148,054 149,803 154,469 155,815 1A ti0 > 1,1'ti63 ,O ti0 ti0 tiQ yQ ,O ti0 0 LC LO 0 LO Fiscal Year • Express J Lanes 19 Incoming Email Activity During July, the Anaheim Processing Center received 3,347 emails. Operational Activity Amid concerns about the spread of COVID-19 and following the State of California's guidance to help reduce its spread, the 91 Express Lanes Customer Walk -In Center was closed in March 2020. The Walk -In Center was reopened on July 6, 2021. Operational activities in the Anaheim and Corona locations continued to function with a combination of remote workers and core staff located at the facilities. Core essential functions include aiding stranded motorists, providing incident management services, and dispatching emergency vehicles through the traffic operations center. The call center remains open to respond to customer service and violation calls. etExpress A Lanes 20 • • • ATTACHMENT D • • • Orange County Transportation Authority OCTA Riverside County Transportation Commission i Express 1 Lanes Status Report August 2021 As of August 31, 2021 • • • Table of Contents Operations Overview OCTA 3 Traffic and Revenue Statistics for OCTA 3 OCTA Traffic and Revenue Summary 5 OCTA Eastbound Peak -Hour Volumes 6 OCTA Westbound Peak -Hour Volumes 7 OCTA Operational Highlights 8 Financial Highlights OCTA 9 Operations Overview RCTC 10 Traffic and Revenue Statistics for RCTC 10 RCTC Traffic and Revenue Summary 12 RCTC Peak -Hour Volumes 13 RCTC Eastbound Peak -Hour Volumes 13 RCTC Westbound Peak -Hour Volumes 15 RCTC Operational Highlights 17 Financial Highlights RCTC 18 Joint Agency Trip and Revenue Statistics 19 Joint Agency Traffic Statistics 19 Joint Agency Performance Measures 20 Joint Agency Transponder Distribution 21 Incoming Email Activity 22 • Express i Lanes 2 � OPERATIONS OVERVIEW OCTA TRAFFIC AND REVENUE STATISTICS FOR OCTA Total traffic volume on the 91 Express Lanes for August 2021 was 1,707,270. This represents a daily average of 55,073 vehicles. This is a 46.5 percent increase in total traffic volume from the same period last year, which totaled 1,165,510 and was the sixth month of the State of California's stay-at-home orders due to the coronavirus (COVID-19) pandemic. Potential toll revenue for August was $5,254,471, which represents an increase of 41.1 percent from the prior year's total of $3,723,004. Carpool percentage for August was 22.1 percent as compared to the previous year's rate of 22.9 percent. In comparison to August 2019, traffic volume increased by 10.5 percent and revenue increased by 12.5 percent. Month -to -date traffic and revenue data is summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the Orange County Transportation Authority (OCTA) 91 Express Lanes and associated potential revenue for the month of August 2021. • • Current Month -to -Date (MTD) as of August 31, 2021 Trips Aug -21 MTD Actual Aug -20 MTD Actual Yr 21-to-Yr 20 % Variance Aug -19 MTD Actual Yr 21-to-Yr 19 % Variance Full Toll Lanes 1,329,236 899,004 47.9% 1,134,132 17.2% 3+ Lanes 378,034 266,506 41.8% 411,599 (8.2%) Total Gross Trips 1,707,270 1,165,510 46.5% 1,545,731 10.5% Revenue Full Toll Lanes $5,205,919 $3,673,372 41.7% $4,595,283 13.3% 3+ Lanes $48,552 $49,632 ( 2.2%) $75,879 (36.0%) Total Gross Revenue $5,254,471 $3,723,004 41.1% $4,671,161 12.5% Average Revenue per Trip Average Full Toll Lanes $3.92 $4.09 $4.06 : io) Average 3+ Lanes $0.13 $0.19 (31.6%) $0.19 (31.6%) Average Gross Revenue $3.08 $3.19 (3 4%( $3.03 1.7% • Express J Lanes 3 The 2021 fiscal year-to-date traffic volume increased by 53.7 percent and potential toll revenue increased by 45.6 percent, when compared with the same period last year. Year-to-date (YTD) average revenue per trip is $3.06. Fiscal year-to-date traffic and revenue data are summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the OCTA 91 Express Lanes and associated potential revenue for the months of July 2021 through August 2021. Fiscal Year (FY) 2020-21 YTD as of August 31, 2021 Trips FY 2021-22 YTD Actual FY 2020-21 YTD Actual Yr-to-Yr 0/0 Variance Full Toll Lanes 2,658,701 1,731,240 53.6% 3+ Lanes 792,171 513,353 54.3% Total Gross Trips 3,450,872 2,244,593 53.7% Revenue Full Toll Lanes $10,459,697 $7,149,955 46.3% 3+ Lanes $101,015 $105,216 (4.0%) Total Gross Revenue $10,560,712 $7,255,172 45.6% Average Revenue per Trip Average Full Toll Lanes $3.93 $4.13 Average 3+ Lanes $0.13 $0.20 (35.0%) Average Gross Revenue $3.06 $3.23 (5.3%) &Express al Lanes 4 • OCTA Traffic and Revenue Summary The chart below reflects the total trips breakdown between full toll trips and high -occupancy vehicle (HOV3+) trips for FY 2021-22 on a monthly basis. The chart below reflects the gross potential revenue breakdown between full toll trips and HOV3+ trips for FY 2021-22 on a monthly basis. Express A Lanes 5 OCTA EASTBOUND PEAK -HOUR VOLUMES Peak -hour traffic in the eastbound direction reached or exceeded 90 percent of defined capacity 15 times during the month of August 2021. As demonstrated on the next chart, westbound peak -hour traffic volumes top out at 83 percent of defined capacity. Monday 08102121 Tuesday 08103121 Wednesday 08104121 Thursday 08105121 Friday 08106121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 $5.30 468 2,745 81% $5.30 462 2,728 80% $5.30 481 3,020 89% $770 497 2,984 88% $8.35 518 2,815 83% 1500-1600 $5.65 500 2,845 84% $4.75 462 3,031 89% $7.45 499 2,774 82% $7.45 532 2,878 85% $7.90 533 2,848 84% 1600 - 1700 $4.35 461 3,102 91% $4.50 427 3,268 96% $6.50 381 2,922 86% 97.00 368 2,692 79% $7.45 414 2,719 80% 1700-1800 $4.95 370 2,611 77% $4.90 340 2,450 72% $5.40 360 2,357 69% $6.70 440 2,759 81% $6.75 508 2,924 86% 1800 - 1900 $5.65 500 2,406 71% $4.05 504 2,744 81% $4.05 522 2,839 84% $4.50 518 2,807 83% $6.75 520 2,373 70% 1900-2000 $3.95 412 1,622 48% 93.95 423 1,838 54% $3.95 503 2,131 63% $5.75 575 2,396 70% $6.25 548 2,069 61% Monday 08109121 Tuesday 08110121 Wednesday 08111121 Thursday 08112121 Friday 08113121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 $5.30 425 2,614 77% $5.30 458 2,844 84% 95.30 416 3,046 90% $7.70 399 2,870 84% $8.35 435 2,899 85% 1500 - 1600 $5.65 495 2,799 82% $4.75 451 3,092 91% $7.45 495 2,972 87% $7.45 461 3,013 89% $7.90 502 2,922 86% 1600-1700 94.35 404 3,201 94% 94.50 380 3,198 94% $6.50 326 2,866 84% $7.00 298 2,485 73% 97.45 323 2,546 75% 1700-1800 $4.95 377 2,722 80% $4.90 316 2,504 74% $5.40 401 2,923 86% $6.70 361 2,748 81% $6.75 414 2,781 82% 1800 - 1900 $5.65 494 2,406 71% $4 05 511 2,759 81% $4.05 485 2,657 78% $4.50 519 2,856 84% $6.75 556 2,634 77% 1900 - 2000 93.95 370 1,460 43% 93.95 387 1,679 49% $3.95 364 1,557 46% 95.75 444 2,169 64% $6.25 494 1,866 55% Monday 08116121 Tuesday 08117121 Wednesday 08118121 Thursday 08119121 Friday 08120121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 $5.30 393 2,743 81% $5.30 415 2,762 81% 95.30 413 3,176 93•/. $7.70 383 2,450 72% 98.35 456 2,793 82% 1500-1600 95.65 428 2,519 74% $4.75 462 2,962 87% 97.45 501 2,874 85% $7.45 504 2,999 88% $7.90 571 2,926 86% 1600-1700 94.35 392 3,108 91% $4.50 412 3,229 95% $6.50 403 3,130 92% $7.00 382 2,822 83% $7.45 393 2,677 79% 1700-1800 $4.95 340 2,654 78% $4.90 329 2,508 74% $5.40 401 2,942 87% $6.70 404 2,885 85% $6.75 459 2,940 86% 1800 - 1900 $5.65 517 2,544 75% $4.05 493 2,946 87% $4.05 503 2,608 77% $4.50 519 2,876 85% $6.75 554 2,547 75% 1900 - 2000 93.95 328 1,398 41% 93.95 377 1,687 50% $3.95 371 1,657 49% $5.75 387 1,865 55% $6.25 490 1,905 56% Monday 08123121 Tuesday 08124121 Wednesday 08125121 Thursday 08126121 Friday 08127121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 $5.30 392 2,759 81% $5.30 415 2,687 79% 95.30 372 2,975 88% $7.70 394 2,885 85% $835 435 2,847 84% 1500-1600 $5.65 499 2,924 86% 94.75 495 2,952 87% $7.45 537 2,884 85% $7.45 524 2,968 87% $7.90 537 2,912 86% 1600-1700 $4.35 417 3,137 92% 94.50 410 3,188 94% $6.50 348 2,780 82% $7.00 322 2,602 77% 97.45 411 2,719 80% 1700-1800 $4.95 324 2,628 77% 94.90 336 2,479 73% $5.40 437 3,043 90% $6.70 376 2,786 82% $6.75 415 2,691 79% 1800 - 1900 95.65 475 2,332 69% 94.05 407 2,366 70% $4.05 497 2,842 84% $4.50 490 2,789 82% $6.75 525 2,692 79% 1900-2000 93.95 329 1,360 40% $3.95 478 2,170 64% $3.95 416 1,815 53% 95.75 475 2,182 64% $6.25 520 2,194 65% Monday 08130121 Tuesday 08131121 Wednesday 09101121 Thursday 09I02121 Friday 09103121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400 - 1500 $5.30 369 2,713 80% $5.30 349 2,632 77% 1500-1600 $5.65 528 2,915 86% $4.75 497 2,909 86% 1600 - 1700 $4.35 414 3,115 92% 94.50 386 3,123 92% 1700 - 1800 $4.95 371 2,737 81% $4.90 346 2,492 73% 1800 - 1900 95.65 492 2,459 72% $4.05 508 2,928 86% 1900-2000 93.95 342 1,537 45% 93.95 435 2,241 66% • Express J Lanes 6 • • s • • • Monday 08102121 Tuesday 08103121 Wednesday 08/04121 Thursday 08/05/21 Friday 08/06/21 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $3.15 419 1,338 39% $3.15 407 1,377 41% $3.15 439 1,352 40% $3.15 442 1,348 40% $3.15 358 1,211 36% 0500-0600 $5.10 586 2,387 70% $5.10 585 2,462 72% $5.10 551 2,424 71% $5.10 592 2,495 73% $4.85 495 2,199 65% 0600-0700 $5.30 406 2,492 73% $5.30 439 2,633 77% $5.30 418 2,395 70% $5.30 444 2,527 74% $5.10 346 2,179 64% 0700- 0800 $5.80 381 2,411 71% 05.80 404 2,539 75% $5.80 389 2,521 74% $5.80 353 2,445 72% $5.65 354 2,105 62% 0800-0900 $5.30 366 2,392 70% $5.30 362 2,403 71% $5.30 384 2,571 76% $5.30 334 2,417 71% $5.10 359 2,200 65% 0900-1000 $4.20 450 2,256 66% $4.20 380 2,375 70% $4.20 456 2,617 77% $4.20 439 2,491 73% $4.20 412 2,202 65% Monday 08109121 Tuesday 08/10/21 Wednesday 08111121 Thursday 08/12121 Friday 08113121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 93.15 401 1,323 39% 9315 397 1,354 40% $3.15 421 1,339 39% $3.15 413 1,286 38% $3.15 372 1,213 36% 0500 - 0600 $5.10 588 2,402 71% $5.10 627 2,499 74% $5.10 599 2,382 70% $5.10 537 2,300 68% $4.85 564 2,179 64% 0600-0700 $5.30 392 2,520 74% $5.30 417 2,565 75% $5.30 397 2,551 75% $5.30 465 2,642 78% $5.10 400 2,397 71% 0700-0800 $5.80 355 2,500 74% $5.80 334 2,426 71% $5.80 383 2,528 74% $5.80 379 2,599 76% $5.65 369 2,389 70% 0800 - 0900 $5.30 313 2,256 66% $5.30 319 2,518 74% $5.30 319 2,460 72% $5.30 289 2,391 70% $5.10 314 2,406 71% 0900 - 1000 $4.20 359 2,182 64% $4.20 356 2,528 74% $4.20 288 2,391 70% $4.20 268 2,435 72% $4.20 280 2,119 62% Monday 08116121 Tuesday 08117121 Wednesday 08118121 Thursday 08/19121 Friday 06120/21 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $3.15 471 1,495 44% $3.15 467 1,418 42% $3.15 477 1,395 41% $3.15 449 1,413 42% $3.15 374 1,203 35% 0500-0600 $5.10 607 2,623 77% $5.10 417 1,564 46% $5.10 606 2,545 75% $5.10 634 2,482 73% $4.85 534 2,228 66% 0600-0700 $5.30 496 2,700 79% $5.30 271 1,457 43% $5.30 513 2,690 79% $5.30 506 2,689 79% $5.10 485 2,401 71% 0700 - 0800 $5.80 412 2,634 77% $5.80 447 2,711 80% $5.80 440 2,613 77% $5.80 465 2,601 77% $5.65 389 2,326 68% 0800 - 0900 $5.30 293 2,503 74% $5.30 318 2,633 77% $5.30 275 2,304 68% $5.30 315 2,357 69% $5.10 238 1,909 56% 0900 - 1000 $4.20 291 2,312 68% $4.20 274 2,463 72% $4.20 283 2,256 66% $4.20 242 2,272 67% $4.20 245 1,594 47% Monday 08123121 Tuesday 08124121 Wednesday 08125121 Thursday 08126121 Friday 08127121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $3.15 434 1,420 42% $3.15 450 1,419 42% $3.15 476 1,433 42% $3.15 431 1,362 40% $3.15 388 1,196 35% 0500 - 0600 $5.10 616 2,511 74% $5.10 659 2,535 75% $5.10 651 2,525 74% $5.10 660 2,534 75% $4.85 583 2,234 66% 0600-0700 $5.30 483 2,668 78% $5.30 527 2,767 81% $5.30 539 2,701 79% $5.30 517 2,719 80% $5.10 425 2,122 62% 0700-0800 $5.80 467 2,740 81% $5.80 481 2,725 80% $5.80 465 2,736 80% $5.80 518 2,819 83% $5.65 534 2,794 82% 0800-0900 $5.30 293 2,749 81% $5.30 282 2,620 77% $5.30 273 2,515 74% $5.30 302 2,542 75% $5.10 277 2,261 67% 0900-1000 $4.20 304 2,457 72% $4.20 244 2,419 71% $4.20 302 2,526 74% $4.20 262 2,502 74% $4.20 293 2,151 63% Monday 08/30/21 Tuesday 08131121 Wednesday 09101121 Thursday 09102121 Friday 09/03/21 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $3.15 440 1,383 41% $3.15 441 1,424 42% 0500 - 0600 $5.10 626 2,507 74% $5.10 631 2,572 76% 0600-0700 $5.30 529 2,680 79% $5.30 510 2,759 81% 0700 - 0800 $5.80 517 2,735 80% $5.80 539 2,829 83% 0800 - 0900 $5.30 299 2,508 74% $5.30 288 2,708 80% 0900 - 1000 $4.20 287 2,299 68% $4.20 276 2,576 76% • Express J Lanes OCTA OPERATIONAL HIGHLIGHTS On -Road Operations OCTA customer assistance specialists (CAS) responded to 132 calls during the month of August. Of those calls, 111 were to assist disabled vehicles and nine calls to remove debris. The CAS provided assistance to 12 accidents/incidents in the Express Lanes with four of those accidents/incidents originating in the State Route 91 general purpose lanes. 91 Express Lanes Back -Office System (BOS) Development Update In February 2021, Cofiroute USA, LLC (CUSA) notified OCTA and the Riverside County Transportation Commission (RCTC) of a delay to the implementation of the new BOS for the 91 Express Lanes for both Orange and Riverside counties as a result of the COVID-19 pandemic. CUSA is the current operator of the 91 Express Lanes for both OCTA and RCTC and is the firm selected for the design, development, and implementation of the new BOS, as well as the customer service center operation. To address a potential delay of transitioning to the new operating agreement, in October 2019, an amendment to the existing operating agreement was executed, which allowed for six one -month extension periods. In August 2021, OCTA and RCTC (Agencies) provided notice to CUSA that the Agencies will be exercising the third of the six one -month extension period, which will commence September 1, 2021 through September 30, 2021. Agencies' staff have been continuing to work with CUSA to meet the amended go -live date of September 29, 2021. Subsequently, the Agencies were informed that the go -live date will be delayed. The Agencies intend to exercise the one -month options until the Agencies transition to the new contract. 91 Express Lanes Toll Entrance Gantries Infrastructure Project Update OCTA entered into an agreement with the California Department of Transportation (Caltrans) to provide construction and construction management services for the 91 Express Lanes Toll Entrance Gantries Infrastructure Project. This project entails constructing new toll gantries infrastructure at the three entrances of the OCTA 91 Express Lanes. Caltrans advertised and awarded the project in March 2021 and May 2021, respectively. In June, the contract was executed, and the project kickoff meeting was held in July. Pre -construction activities began in August to be followed with construction activities commencing in September. The project is anticipated to be completed in December 2021. During the construction period, overnight closures and possibly, a few full weekend closures, will occur. Upon completion of the infrastructure project, Kapsch TrafficCom USA, Inc., the toll lanes system integrator for the 91 Express Lanes, will install new Electronic Toll and Traffic Management system equipment onto the new gantries. • Express 1 Lanes 8 • • e • FINANCIAL HIGHLIGHTS OCTA 91 Express Lanes Operating Statement YTD as of : 8/31/2021 YTD Variance Description Actual (1) Budget (1) Dollar $ Percent (%) Operating revenues: Toll Revenue $ 9,726,410.74 $ 7,016,731.00 $ 2,709,679.74 38.6 Fee Revenue 1,147,581.78 378,697.00 768,884.78 203.0 Total operating revenues 10,873,992.52 7,395,428.00 3,478,564.52 47.0 Operating expenses: Contracted Services 11,377.85 1,278,656.00 1,267,278.15 99.1 Administrative Fee 450,658.00 520,292.00 69,634.00 13.4 Other Professional Services (158,791.02) 362,428.00 521,219.02 143.8 Credit Card Processing Fees 250,388.09 190,410.00 (59,978.09) (31.5) Toll Road Account Servicing 92,427.56 180,100.00 87,672.44 48.7 Other Insurance Expense 76,721.92 41,650.00 (35,071.92) (84.2) Toll Road Maintenance Supply Repairs 54,058.21 683,320.00 629,261.79 92.1 Patrol Services 153,274.22 183,260.00 29,985.78 16.4 Building Equipment Repairs and Maint 40,256.96 83,997.00 43,740.04 52.1 6C Transponders - - - N/A Other Services (5) (783,000.00) 2,400.00 785,400.00 32,725.0 Utilities 8,216.74 15,832.00 7,615.26 48.1 Office Expense - 10,828.00 10,828.00 100.0 Bad Debt Expense 16,986.27 - (16,986.27) N/A Miscellaneous (2) 2,415.26 7,964.00 5,548.74 69.7 Leases 50, 352.03 82, 468.00 32,115.97 38.9 Total operating expenses 265,342.09 3,643,605.00 P 3,378,262.91 92.7 Depreciation and Amortization (3) 539,380.18 - (539,380.18) N/A Operating income (loss)! 10,069,270.25 3,751,823.00 6,317,447.25 168.4 Nonoperating revenues (expenses): Reimbursement from Other Agencies 48,467.94 - 48,467.94 N/A Interest Income 79,752.83 286,706.00 (206,953.17) (72.2) Interest Expense (692,637.46) (2,022,413.00) 1,329,775.54 r 65.8 Other 566.20 - 566.20 N/A Total nonoperating revenues (expenses) (563,850.49) (1,735,707.00) 1,171,856.51 67.5 Transfers In - - - N/A Transfers Out (4) 257, 376.34 - 257, 376.34 N/A Net income (loss)! $ 9,762,796.10 $ 2,016,116.00 $ 7,746,680.10 384.2 'Actual amounts are accounted for on the accrual basis of accounting in an enterprise fund. Budget amounts are accounted for on a modified accrual basis of accounting. Miscellaneous expenses include: Bond Insurance Costs, Bank Service Charge, Transponder Materials. 'Depreciation and amortization are not budgeted items. °Transfers Out: For M2 Roject I and Project J expense reimbursements. 'Litigation settlement was accrued, the negative w ill be offset once the litigation payment is issued. Express J Lanes 9 OPERATIONS OVERVIEW RCTC TRAFFIC AND REVENUE STATISTICS FOR RCTC Total traffic volume on the 91 Express Lanes for August 2021 was 1,448,172. This represents a daily average of 46,715 vehicles. This is a 47.1 percent increase in total traffic volume from the same period last year, which totaled 984,325 and was the sixth month of the COVID-19 stay-at-home order. Potential toll revenue for August was $5,174,084, which represents an increase of 56.1 percent from the prior year's total of $3,313,981. Carpool percentage for August was 20.6 percent as compared to the previous year's rate of 21.6 percent. As compared to August 2019, traffic volume increased by 3.3 percent and revenue decreased by 8.2 percent. Month -to -date traffic and revenue data is summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the RCTC 91 Express Lanes and associated potential revenue for the month of August 2021. Current MTD as of August 31, 2021 Trips AUG-21 MTD Actual Stantec MTD Projected # Variance % Variance AUG-20 MTD Actual Yr 21-to-Yr 20 % Variance AUG-19 MTD Actual Yr 21-to-Yr 19 Variance Full Toll Lanes 1,149,984 976,686 173,298 17 7% 771,951 49.0% 1,040,805 10.5% 3+ Lanes 298,188 346,014 (4i 82,_ 212,374 40.4% 361,276 - 5%) Total Gross Trips 1,448,172 1,322,700 125,472 9.5% 984,325 47.1% 1,402,081 3.3% Revenue Full Tot Lanes $5,132,425 $4,181,557 $950,868 22.7% $3,280,797 56.4% $5,588,508 3+ Lanes $41,659 $0 $41,659 j�jjjjjjjjjjjl�jl $33,184 25.5% $45,015 - 5%) Total Gross Revenue $5,174,084 $4,181,557 $992,527 237 % $3,313,981 56 1% $5,633,523 Average Revenue per Trip Average Full Toll Lanes $4.46 $4.28 $0.18 0 4.2% $4.25 4.9% $5.37 Average 3+ Lanes $0.14 $0.00 $0.14 %%/%�%/'%l%//i $0.16 (12 5%) $0.12 16.7% Average Gross Revenue $3.57 $3.16 $0.41 13.0% $3.37 5.9% $4.02 (11.2%) &Express Lanes 10 • • • • The 2021 fiscal YTD traffic volume increased by 54.4 percent and potential toll revenue increased by 58.9 percent, when compared with the same period last year. YTD average revenue per -trip is $3.49. Fiscal YTD traffic and revenue data are summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the RCTC 91 Express Lanes and associated potential revenue for the months of July 2021 through August 2021. FY 2020-21 YTD as of August 31, 2021 Trips FY 2021-22 YTD Actual Stantec YTD Projected # Variance % Variance FY 2020-21 YTD Actual Yr-to-Yr % Variance Full Toll Lanes 2,305,460 1,911,586 393,874 20.6% 1,490,523 54.7% 3+ Lanes 626,604 684,929 -58,325 (8 5%? 408,987 53.2% Total Gross Trips 2,932,064 2,596,514 335,550 12.9% 1,899,510 54.4% Revenue Full Toll Lanes $10,131,153 $8,200,186 $1,930,967 23.5% $6,361,892 59.2% 3+ Lanes $87,101 $0 $87,101 /) $70,097 24.3% Total Gross Revenue $10,218,254 $8,200,186 $2,018,068 24.6% $6,431,989 58.9% Average Revenue per Trip Average Full Toll Lanes $4.39 $4.29 $0.10 2.3% $4.27 2.8% Average 3+ Lanes $0.14 $0.00 $0.14 //�////////////I//i //. //////////////// $0.17 Average Gross Revenue $3.49 $3.16 $0.33 10.4% $3.39 2.9% et, Express Lanes 11 RCTC Traffic and Revenue Summary The chart below reflects the total trips broken down between full toll lanes and HOV3+ lanes for FY 2021-22 on a monthly basis. The chart below reflects the gross potential revenue breakdown between full toll lanes and HOV3+ lanes for FY 2021-22 on a monthly basis. &Express Lanes 12 • O • • • • RCTC PEAK -HOUR VOLUMES In August, there were several toll rates adjusted in response to traffic volumes. RCTC evaluates traffic volumes for peak period hours and increases or decreases rates according to the toll rate policy. RCTC EASTBOUND PEAK -HOUR VOLUMES Eastbound PM Peak - County Line to McKinley Monday 08102121 Tuesday 08103121 Wednesday 08104121 Thursday 08105121 Friday 08106121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400 - 1500 $5.45 242 1,046 1,288 E $5.45 245 1054 1,299 E $9.15 247 985 1,232 E $11.20 238 1,039 1,277 E $26.80 296 977 1,273 E 1500 - 1600 $9.15 234 1,047 1,281 E 911.20 214 948 1,162 D $14.25 205 922 1,127 D $17.30 238 844 1,082 D $26.50 237 957 1,194 D 1600 - 1700 97.05 230 991 1,221 E $7.05 169 895 1,064 D $7.05 176 938 1,114 D $9.15 204 914 1,118 D $16.30 245 949 1,194 D 1700 - 1800 $5.45 218 942 1,160 D $5.45 176 922 1,098 D $5.45 173 825 998 C 95.45 223 941 1,164 D $8.10 281 996 1,277 E 1800 - 1900 $4.25 254 968 1,222 E $5.45 237 909 1,146 D $5.45 235 989 1,224 E $5.45 242 960 1,202 E $5.45 287 916 1,203 E 1900.2000 $2 30 188 567 755 B $2.30 189 626 815 C $2.30 244 772 1,016 D $4 25 281 849 1,130 D $4.25 251 732 983 C Monday 08109121 Tuesday 08110121 Wednesday 08111121 Thursday 08112121 Friday 08113121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400 - 1500 $5.45 216 1,131 1,347 F $5.45 192 1,127 1,319 F $9.15 196 1,062 1,258 E 911.20 229 1,139 1,368 F $26.80 232 1,053 1,285 E 1500-1600 99.15 206 854 1,060 D $11.20 183 1,020 1,203 E $14.25 228 939 1,167 D 917.30 203 921 1,124 D $26.50 252 925 1,177 D 1600. 1700 97.05 168 921 1,089 D $7.05 181 920 1,101 D $7.05 170 992 1,162 D $9.15 161 882 1,043 D $16.30 214 1,021 1,235 E 1700 - 1800 $5.45 173 898 1,071 D $5.45 165 915 1,080 D $5.45 201 923 1,124 0 $5.45 182 933 1,115 D $8.10 212 926 1,138 D 1800 - 1900 $4.25 227 844 1,071 D $5.45 230 859 1,089 D $5.45 225 847 1,072 D $5.45 216 853 1,069 D 65.45 267 892 1,159 D 1900 - 2000 $2.30 136 506 642 B $2.30 175 615 790 B $2.30 166 535 701 B $4.25 235 888 1,123 D 94.25 203 631 834 C Monday 08116121 Tuesday 08117121 Wednesday 08118121 Thursday 08119121 Friday 08/20121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400 - 1500 65.45 218 1,083 1,301 F $5.45 186 1,100 1,286 E $9.15 200 1,115 1,315 F 911.20 202 958 1,160 D $26.80 220 974 1,194 D 1500 - 1600 99.15 185 854 1,039 D $11.20 182 952 1,134 D $14.25 238 862 1,100 D $17.30 211 909 1,120 D $26.50 244 960 1,204 E 1600-1700 $7.05 181 898 1,079 D $7.05 162 896 1,058 D $7.05 197 922 1,119 D $9.15 214 918 1,132 D $16.30 257 995 1,252 E 1700 - 1800 $5.45 172 948 1,120 D $5.45 167 921 1,088 D $5.45 161 975 1,136 D $5.45 170 937 1,107 D $8.10 194 1,016 1,210 E 1800-1900 $4.25 195 886 1,081 D $5.45 214 943 1,157 D 95.45 226 896 1,122 D $5.45 231 1,021 1,252 E $5.45 249 890 1,139 D 1900-2000 $2.30 159 469 628 B $2.30 152 638 790 B $2.30 156 569 725 B $4.25 180 714 894 C 94.25 247 753 1,000 C Monday 08123121 Tuesday 08124121 Wednesday 08125121 Thursday 08126121 Friday 08127121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400 - 1500 $5.45 166 1,006 1,172 D $5.45 185 990 1,175 D $9.15 180 1,029 1,209 E $11.20 202 1,099 1,301 F $26.80 215 1,018 1,233 E 1500 - 1600 $9.15 221 921 1,142 D 911.20 192 895 1,087 D $14.25 221 895 1,116 D $17.30 221 928 1,149 D $26.50 272 1,010 1,282 E 1600. 1700 $7.05 191 863 1,054 D $7.05 180 877 1,057 D $7.05 189 1,021 1,210 E $9.15 182 913 1,095 D $16.30 239 972 1,211 E 1700.1800 $5.45 157 951 1,108 D $5.45 154 974 1,128 D $5.45 182 991 1,173 D 05.45 189 985 1,174 D $8.10 200 901 1,101 D 1800 - 1900 94.25 173 857 1,030 D $5.45 158 750 908 C $5.45 233 984 1,217 E $5.45 220 901 1,121 D $5.45 268 1,097 1,365 F 1900-2000 92.30 156 428 584 B $2.30 173 755 928 C 92.30 181 681 862 C $4.25 221 864 1,085 D $4.25 272 916 1,188 D Monday 08130121 Tuesday 08131121 Wednesday 09101121 Thursday 09102/21 Friday 09103121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400 - 1500 $5.45 180 1,006 1,186 D $5.45 165 1,047 1,212 E 1500 - 1600 $9.15 208 900 1,108 D 911.20 202 976 1,178 D 1600 - 1700 97.05 184 883 1,067 D $7.05 167 898 1,065 D 1700 - 1800 $5.45 175 953 1,128 D $5.45 151 897 1,048 D 1800-1900 $4.25 215 893 1,108 D $5.45 189 922 1,111 D 1900 - 2000 $2.30 135 552 687 B $2.30 187 896 1,083 D (A:Express i Lanes 13 Peak - County Line to 15 SB Ontario Monday 08102121 Tuesday 08103121 Wednesday 08104121 Thursday 08105121 Friday 08106121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 $5.45 157 703 860 C $5.45 147 696 843 C $5.45 128 712 840 C $5.45 138 720 858 C $5.45 118 663 781 B 1500.1600 $5.45 138 686 824 C $5.45 145 687 832 C $5.45 119 729 848 C $5.45 131 688 819 C $5.45 129 592 721 B 1600- 1700 $3.00 128 645 773 B $5.45 118 680 798 B $5.45 118 688 806 C $5.45 104 639 743 B $3.00 109 600 709 B 1700-1800 $3.00 104 626 730 B $3.00 104 591 695 B $5.45 91 493 584 B $5.45 113 637 750 B $3.00 111 589 700 B 1800.1900 $3.00 141 639 780 B $3.00 119 653 772 B $3.00 115 744 859 C $3.00 114 656 770 B $3.00 135 524 659 B 1900.2000 $2.00 128 438 566 B $3.00 96 527 623 B $3.00 138 623 761 B $3.00 165 711 876 C $3.00 151 499 650 B Monday 08109121 Tuesday 08110121 Wednesday 08111121 Thursday 08112/21 Friday 08113121 PM Time Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 $5.45 135 734 869 C $5.45 138 724 862 C $5.45 109 732 841 C $5.45 117 735 852 C $5.45 119 722 841 C 1500-1600 $5.45 142 625 767 B $5.45 117 724 841 C $5.45 115 710 825 C $5.45 96 635 731 B $5.45 108 660 768 B 1600. 1700 $300 110 686 796 B $5.45 93 688 781 B $5.45 94 660 754 B $5.45 77 581 658 B $3.00 99 598 697 B 1700-1800 53.00 102 691 793 B $3.00 103 611 714 B $5.45 88 648 736 6 $5.45 87 594 681 B $3.00 109 607 716 B 1800-1900 $3.00 143 644 787 B $3.00 115 570 685 B $3.00 97 592 689 6 $3.00 112 612 724 B $3.00 149 626 775 B 1900-2000 $2.00 93 366 459 6 S3.00 121 501 622 B $3.00 103 372 475 B $3.00 141 620 761 B $3.00 144 433 577 B Monday 08116121 Tuesday 08117121 Wednesday 08118121 Thursday 08119121 Friday 08120121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 $5.45 104 700 804 C $5.45 102 742 844 C $5.45 106 828 934 C $5.45 101 636 737 B $5.45 119 743 862 C 1500-1600 55 45 107 621 728 B $5.45 114 692 806 C 55.45 127 734 861 C 55.45 122 711 833 C $5.45 117 636 753 B 1600-1700 $3.00 93 633 726 B $5.45 89 662 751 B $5.45 103 690 793 B $5.45 98 674 772 B $3.00 102 621 723 B 1700-1800 $3.00 90 640 730 B $3.00 98 617 715 B $5.45 100 606 706 B $5.45 83 665 748 B $3.00 123 664 787 B 1800-1900 $3.00 95 643 738 B $3.00 113 631 744 8 $3.00 131 624 755 B $3.00 123 706 829 C $3.00 134 583 717 6 1900-2000 $2.00 95 337 432 B $3.00 109 517 626 B $3.00 113 442 555 B $300 97 497 594 B $3.00 155 468 623 B Monday 08123121 Tuesday 08/24/21 Wednesday 08125121 Thursday 08126/21 Friday 08127121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $5.45 108 694 802 C $5.45 115 683 798 6 $5.45 110 724 834 C $5.45 105 774 879 C $5 45 115 717 832 C 1500-1600 $5.45 113 643 756 B $5.45 91 682 773 B $5.45 109 720 829 C $5.45 111 670 781 B $5.45 131 608 739 B 1600 - 1700 53.00 105 640 745 B $5.45 96 576 672 B $5.45 93 606 699 B $5.45 98 588 686 B $3.00 105 634 739 B 1700.1800 $3.00 81 657 738 B $3.00 80 622 702 B $5.45 116 639 755 B $5.45 82 607 689 8 $3.00 106 659 765 B 1800-1900 53.00 110 570 680 B $3.00 80 567 647 B $3.00 129 687 816 C $3.00 95 644 739 B $3.00 144 613 757 B 1900 - 2000 $2.00 87 354 441 B $3.00 133 560 693 B $3.00 126 507 633 B $3.00 160 577 737 B $3.00 149 502 651 B Monday 08130121 Tuesday 08131121 Wednesday 09101121 Thursday 09102121 Friday 09103121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $5.45 99 663 762 B $5.45 98 764 862 C 1500.1600 $5.45 103 650 753 B $5.45 89 661 750 B 1600.1700 $3.00 112 666 778 B $5.45 98 638 736 B 1700 - 1800 $3.00 92 678 770 B $3.00 86 601 687 B 1800 - 1900 $3.00 119 576 695 B $3.00 107 632 739 8 1900 - 2000 $2.00 92 403 495 B $3.00 116 669 785 B • Express 1 Lanes �4 • • • • • • RCTC WESTBOUND PEAK -HOUR VOLUMES Westbound AM Peak - McKinley to County Line Monday 08102121 Tuesday 08103121 Wednesday 08104121 Thursday 08105121 Friday 08106/21 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 04 25 190 418 608 B $425 165 451 616 B $4.25 186 414 600 B $4.25 186 418 604 B $2.30 164 469 633 B 0500.0600 $1120 305 1,030 1,335 E $11.20 272 1024 1,296 E $11.20 253 1101 1,354 F $10.15 300 1,043 1,343 E $7.05 251 967 1,218 E 0600 - 0700 $13.95 222 1,137 1,359 F $14.95 245 1242 1,487 F $14.95 202 966 1,168 D $13.95 239 1,198 1,437 F $8.10 211 1,015 1,226 E 0700 - 0800 $10.95 248 1,445 1,693 F $10.95 255 1463 1,718 F $10.95 235 1425 1,660 F $9.95 209 1,471 1,680 F $7.05 222 1,174 1,396 F 0800 - 0900 $7.05 223 1,249 1,472 F $7.05 196 1312 1,508 F $7.05 241 1514 1,755 F $7.05 174 1,396 1,570 F 64.25 206 1,181 1,387 F 0900 - 1000 $5.45 212 884 1,096 D $5.45 188 1083 1,271 E $5.45 261 1175 1,436 F $5.45 205 1,019 1,224 E $4.25 206 864 1,070 D Monday 08109121 Tuesday 08110121 Wednesday 08111121 Thursday 08112121 Friday 08113121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 04.25 167 438 605 B S4 25 163 426 589 B $4.25 199 459 658 B $4.25 166 366 532 B $2.30 190 429 619 B 0500 - 0600 $11.20 313 1,078 1,391 F $11.20 295 1,048 1,343 E $11.20 283 1,077 1,360 F $10.15 222 978 1,200 D $7.05 282 934 1,216 E 0600-0700 $13.95 223 1,187 1,410 F $14.95 214 1,246 1,460 F $14.95 225 1,193 1,418 F $13.95 222 1,280 1,502 F $8.10 207 1,179 1,386 F 0700 - 0800 $10.95 193 1,483 1,676 F $10.95 188 1,444 1,632 F $10.95 264 1,438 1,702 F $9.95 222 1,494 1,716 F $7.05 217 1,364 1,581 F 0800 - 0900 $7.05 159 1,321 1,480 F $7.05 176 1,448 1,624 F $7.05 199 1,462 1,661 F $7.05 157 1,322 1,479 F 64.25 178 1,333 1,511 F 0900-1000 $5.45 153 966 1,119 D $5.45 167 1,158 1,325 E $5.45 144 1,040 1,184 D $5.45 143 1,179 1,322 E $4.25 140 899 1,039 D Monday 08116/21 Tuesday 08117121 Wednesday 08118121 Thursday 08119121 Friday 08120121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 $4.25 209 453 662 B $4.25 214 436 650 B $4.25 202 471 673 B 64.25 216 436 652 B $2.30 161 446 607 B 0500.0600 $11.20 321 1,068 1,389 F 911.20 330 1,042 1,372 F $11.20 311 1,072 1,383 F $10.15 317 1,093 1,410 F $7.05 217 994 1,211 E 0600 -0700 $15.95 257 1,151 1,408 F $16.95 253 1,268 1,521 F $16.95 277 1,215 1,492 F $15.95 241 1,193 1,434 F $9.10 208 1,081 1,289 E 0700 - 0800 $12.95 273 1,494 1,767 F $12.95 251 1,376 1,627 F $12.95 264 1,441 1,705 F $11.95 261 1,458 1,719 F $8.05 246 1,358 1,604 F 0800 - 0900 $8.05 200 1,475 1,675 F $9.05 164 1,541 1,705 F $9.05 139 1,390 1,529 F $8.05 150 1,336 1,486 F $4.25 111 1,079 1,190 D 0900-1000 $5.45 140 981 1,121 D $5.45 131 1,126 1,257 E $5.45 146 1,049 1,195 D $5.45 122 1,050 1,172 D $4.25 106 673 779 B Monday 08123/21 Tuesday 08124121 Wednesday 08125121 Thursday 08126121 Friday 08127121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 $4.25 183 486 669 B $4.25 190 506 696 B $4.25 218 447 665 B $4.25 196 453 649 B $2.30 179 432 611 B 0500-0600 011.20 271 1,113 1,384 F $11.20 353 1,023 1,376 F $11.20 350 1,032 1,382 F $10.15 332 1,064 1,396 F $7.05 305 884 1,189 D 0600 -0700 $15.95 212 1,138 1,350 E $16.95 273 1,166 1,439 F $16.95 285 1,218 1,503 F $15.95 268 1,209 1,477 F $9.10 178 808 986 C 0700 - 0800 $12.95 278 1,266 1,544 F $12.95 260 1,397 1,657 F $12.95 233 1,467 1,700 F $11.95 293 1,421 1,714 F $8.05 334 1,461 1,795 F 0800 - 0900 $8.05 190 1,441 1,631 F $9.05 159 1,552 1,711 F $9.05 156 1,541 1,697 F $8.05 162 1,492 1,654 F $4.25 151 1,304 1,455 F 0900 - 1000 $5.45 192 1,291 1,483 F $5.45 136 1,199 1,335 E 65.45 165 1,279 1,444 F $5.45 138 1,218 1,356 F $4.25 141 908 1,049 D Monday 08130121 Tuesday 08131121 Wednesday 09101121 Thursday 09102121 Friday 09103121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400 - 0500 $4.25 197 439 636 B $4.25 185 495 680 B 0500 - 0600 $11.20 340 1,058 1,398 F $11.20 332 1,127 1,459 F 0600-0700 $15.95 265 1,143 1,408 F $16.95 225 1,117 1,342 E 0700 - 0800 $12.95 286 1,358 1,644 F $12.95 336 1,396 1,732 F 0800 - 0900 $8.05 182 1,475 1,657 F $9.05 171 1,535 1,706 F 0900 - 1000 $5.45 156 1,170 1,326 E $5.45 169 1,333 1,502 F et, Express Lanes 15 eak -1-15 North to County Line Monday 08102121 Tuesday 08103121 Wednesday 08104121 Thursday 08105121 Friday 08106121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 $3.00 125 476 601 B $3.00 116 485 601 B $3.00 124 456 580 B $3.00 134 445 579 B $2.00 94 388 482 B 0500.0600 $7.00 156 886 1,042 D $7.00 172 959 1,131 D 57.00 150 949 1,099 D $7.00 179 939 1,118 D 55.45 149 806 955 C 0600-0700 97.00 150 1,175 1,325 E $7.00 158 1210 1,368 E $7.00 170 1174 1,344 E $7.00 157 1,143 1,300 E $5.45 125 988 1,113 D 0700.0800 $700 136 1,052 1,188 D 97.00 154 1224 1,378 E 67.00 133 1279 1,412 F $7.00 121 1,132 1,253 E $5.45 133 919 1,052 D 0800.0900 $5.45 126 1,064 1,190 D 55.45 148 1055 1,203 E 55.45 145 1156 1,301 E $5.45 119 1,078 1,197 D $3.00 117 864 981 C 0900.1000 $3.00 156 781 937 C 53.00 155 858 1,013 D 63.00 167 858 1,025 D 63.00 162 852 1,014 D $3.00 136 706 842 C Monday 08109121 Tuesday 08110121 Wednesday 08111121 Thursday 08112121 Friday 08113121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS 0400.0500 $3.00 101 465 566 8 $3.00 106 456 562 B $3.00 103 430 533 B $3.00 108 456 564 B $2.00 101 385 486 B 0500.0600 $7.00 171 907 1,078 D $7.00 194 973 1,167 D $7.00 156 927 1,083 D 97.00 138 954 1,092 D $5.45 169 779 948 C 0600 - 0700 $7.00 142 1,163 1,305 E $7.00 120 1,176 1,296 E $7.00 131 1,145 1,276 E $7.00 132 1,188 1,320 E $5.45 130 982 1,112 D 0700-0800 $7.00 129 1,215 1,344 E $7.00 113 1,257 1,370 E 67.00 136 1,311 1,447 F 97.00 138 1,262 1,400 E $5.45 131 1,038 1,169 D 0800-0900 $5.45 121 1,003 1,124 D 55.45 139 1,164 1,303 E $5.45 116 1,041 1,157 D 65.45 116 1,178 1,294 E 63.00 83 976 1,059 D 0900-1000 $3.00 149 774 923 C 63.00 132 880 1,012 D $3.00 80 900 980 C 53.00 108 850 958 C $3.00 100 689 789 8 Monday 08116121 Tuesday 08/17/21 Wednesday 08118121 Thursday 08119121 Friday 08120121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 $3.00 151 486 637 B $3.03 146 444 590 B $3.00 133 469 602 B $3.00 137 431 568 B $2.00 90 397 487 B 0500-0600 $7.00 189 967 1,156 D $7.00 219 935 1,154 D $7.00 174 980 1,154 D $7.00 175 939 1,114 D 55.45 115 807 922 C 0600-0700 $8.00 178 1,143 1,321 E $9.00 178 1,157 1,335 E $9.00 191 1,198 1,389 E $8.00 159 1,238 1,397 E 55.45 146 1,095 1,241 E 0700 - 0800 58.00 147 1,175 1,322 E $9 00 136 1,350 1,486 F $9.00 130 1,112 1,242 E $7.00 132 1,261 1,393 E $5.45 115 1,040 1,155 D 0800-0900 $5.45 106 1,065 1,171 D $6.45 107 1,256 1,363 E $6.45 101 1,084 1,185 D 65.45 94 1,152 1,246 E $3.00 84 861 945 C 0900 - 1000 $3.00 119 877 996 C 63.00 86 938 1,024 D $3.00 112 886 998 C 93.00 95 828 923 C $3.00 91 644 735 8 Monday 08123121 Tuesday 08/24/21 Wednesday 08/25/21 Thursday 08/26/21 Friday 08127121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 $3.00 117 483 600 8 $3.00 125 449 574 8 $3.00 147 445 592 B $3.00 127 450 577 B $2.00 118 386 504 B 0500-0600 $7.00 156 967 1,123 D $7.00 196 954 1,150 D $7.00 190 903 1,093 D $7.00 198 921 1,119 D $5.45 183 788 971 C 0600.0700 $8.00 178 1,208 1,386 E $9.00 227 1,234 1,461 F $9.00 202 1,239 1,441 F 68.00 197 1,284 1,481 F $5.45 187 965 1,152 D 0700 - 0800 68.00 167 1,362 1,529 F $9.00 175 1,323 1,498 F $9.00 160 1,378 1,538 F 67.00 183 1,307 1,490 F 65.45 162 1,066 1,228 E 0800 - 0900 65.45 119 1,222 1,341 E 66.45 127 1,223 1,350 E 66.45 98 1,147 1,245 E 65.45 107 1,208 1,315 E 63.00 106 945 1,051 D 0900-1000 $3.00 89 775 864 C $3.00 76 889 965 C 53.00 90 959 1,049 0 $3.00 91 969 1,060 D $3.00 96 744 840 C Monday 08130121 Tuesday 08131121 Wednesday 09101121 Thursday 09102121 Friday 09/03/21 AM Time Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 53.00 147 484 631 B $3.00 111 491 602 B 0500 - 0600 $7.00 188 947 1,135 D $7.00 198 1,009 1,207 E 0600 - 0700 $8.00 233 1,186 1,419 F $9.00 197 1,280 1,477 F 0700 - 0800 58.00 175 1,328 1,503 F $9 00 219 1,316 1,535 F 0800 - 0900 55.45 110 1,166 1,276 E $6.45 132 1,292 1,424 F 0900 - 1000 $3.00 87 771 858 C 63.00 84 921 1,005 0 Express J Lanes 16 • • RCTC OPERATIONAL HIGHLIGHTS On -Road Operations RCTC Freeway Service Patrol responded to 151 calls during the month of August. Of those calls, 107 were to assist disabled vehicles, 19 calls to remove debris, and 25 were in response to accidents in the Express Lanes. 91 Express Lanes BOS Development Update In February 2021, CUSA notified OCTA and the RCTC of a delay to the implementation of the new BOS for the 91 Express Lanes for both Orange and Riverside counties as a result of the COVID-19 pandemic. CUSA is the current operator of the 91 Express Lanes for both OCTA and RCTC and is the firm selected for the design, development, and implementation of the new BOS, as well as the customer service center operation. To address the potential delay of transitioning to the new operating agreement, in October 2019, an amendment to the existing operating agreement was executed which allowed for six one -month extension periods. In August 2021, OCTA and RCTC (Agencies) provided notice to CUSA that the Agencies will be exercising the third of the six one -month extension period, which will commence September 1, 2021 through September 30, 2021. Agencies' staff have been continuing to work with CUSA to meet the amended go -live date of September 29, 2021. Subsequently, the Agencies were informed that the go -live date will be delayed. The Agencies intend to exercise the one -month options until the Agencies transition to the new contract. &Express Lanes 17 FINANCIAL HIGHLIGHTS RCTC RCTC 91 Express Lanes O • eratin • Statement YTD as of : 8/31/2021 YTD Variance Description Actual Budget Dollar $ Percent (%) Operating revenues: Toll Revenue $ 9,384,553.65 $ 5,972,500.00 $ 3,412,053.65 57.1 Fee Revenue 1,174,104.19 952,816.67 221,287.52 23.2 Total operating revenues 10,558,657.84 6,925,316.67 3,633,341.17 52.5 Operating expenses: Salaries and Benefits 76,758.13 142,133.33 65,375.20 46.0 Legal Services 7,145.52 34,166.67 27,021.15 79.1 Advisory Services (284.34) 2 833.33 1,117.67 134.1 Audit and Accounting Fees - 6,000.00 6,000.00 100.0 Service Fees - 3,116.67 3,116.67 100.0 Other Professional Services 66,880.64 209,916.67 143,036.03 68.1 Lease Expense 48,467.94 53,183.33 4,715.39 8.9 Operations (110,485.44) 2 602,966.67 713,452.11 118.3 Utilities 1,666.86 10,850.00 9,183.14 84.6 Supplies and Materials 49.95 5,583.33 5,533.38 99.1 Membership and Subscription Fees - 5,000.00 5,000.00 100.0 Office Equipment & Furniture (Non -Capital) - 13,333.33 13,333.33 100.0 Maintenance/Repairs 22,319.18 51,433.33 29,114.15 56.6 Training Seminars and Conferences 332.60 266.67 (65.93) (24.7) Transportation Expenses - 416.67 416.67 100.0 Lodging - 216.67 216.67 100.0 Meals - 500.00 500.00 100.0 Other Staff Expenses - 50.00 50.00 100.0 Advertising - 35,833.33 35,833.33 100.0 Program Management 2,801.35 13,850.00 11,048.65 79.8 Program Operations 6,966.52 1,395,700.00 1,388,733.48 99.5 Litigation Settlement - - - N/A Furniture & Equipment - 12,500.00 12,500.00 100.0 Improvements 24,997.50 9,166.67 (15,830.83) (172.7) Bad Debt Expense 17,069.61 - (17,069.61) N/A Total operating expenses 164,686.02 2,607,016.67 2,442,330.65 93.7 Operating income (loss) 10,393,971.82 4,318,300.00 6,075,671.82 140.7 Nonoperating revenues (expenses): Interest Revenue 204,488.46 24,916.67 179,571.79 (720.7) Other Miscellaneous Revenue 5.96 - 5.96 N/A Principal Expense - - - N/A Interest Expense - (1,506,816.67) 1,506,816.67 (100.0) Total nonoperating revenues (expenses) 204,494.42 (1,481,900.00) 1,686,394.42 113.8 Transfers In - - - N/A Transfers Out - (179,116.67) 179,116.67 (100.0) Net income (loss) $ 10,598,466.24 $ 2,657,283.33 $ 7,941,182.91 298.8 Unaudlted 2 Negatives are the result of FY21 accruals &Express AI Lanes 3.8 • • • JOINT AGENCY TRIP AND REVENUE STATISTICS MULTI AGENCY TRIP AND REVENUE STATISTICS MONTH ENDING August 31, 2021 MTD Transactions by Agency Transactions Using Both Segments %Using Both Segments Revenue Westbound OCTA 875,414 466,619 53% $2,439,338 RCTC 787,943 466,619 59% $2,931,498 I-15 334,922 266,520 80% $1,083,298 McKinley 453,021 200,099 44% $1,848,200 Eastbound OCTA 831,856 502,291 60% $2,815,133 RCTC 660,229 502,291 76% $2,242,586 I -15 256,107 201,649 79% $637,992 McKinley 404,122 300,642 74% $1,604,594 JOINT AGENCY TRAFFIC STATISTICS Joint Agency Traffic Statistics 1,000,000 900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 59% OCTA RCTC OCTA Westbound Eastbound • OCTA Transactions ■ RCTC Transactions 76% RCTC ■ % of OCTA Transactions Using Both Segments Qi % of RCTC Transactions Using Both Segments �Al Lanes Express 19 JOINT AGENCY PERFORMANCE MEASURES REPORTING REQUIREMENT Reporting Period PERFORMANCE STANDARD Aug -21 Performance CUSTOM ER SERVICE Call Wall Time Abandon Rate Customer Satisfaction VIOLATION PROCESSING Response Time CUSA Violation Collection Rate CUSA Violation Collection Rate TRAFFIC OPERATIONS hitial & Secondary Review s Rate Misread Errors ACCOUNTING OCTA Exceptions RCTC Exceptions INFORMATION TECHNOLOGY Back -office System Uptime Netw ork Uptime Morthly Monthly Monthly Not to exceed 2 minutes No more than 4.0% At least 75 outbound calls M onthly Quarterly Amually M orthly Monthly Within 2 business days of receipt 70% or more 74% or more Equal to or less than 15 days Equal to or less than 0.4°0 Monthly No more than 3 rvt onthly No more than 3 Monthly 99% Availability Monthly 99% Availability 1447 19.1°n 75 3.2 0.9 0.05°0 0 0 100% 100% CUSA =CofrouteUSA: CAS=OCTA Customer Assistance Specialists Plate M is read Error perform ance is current after a 60-dayhold-bac k period: therefore. percentage reported here is fo rtwo months priorto the month of this report. CUSA continues to experience staffing impacts related to employee attrition and employees out on leave, which impacted performance in both the processing and call center. Due to these impacts, CUSA was out of compliance for average call wait time, call abandonment rate, and processing response for the month of August. CUSA has taken several steps, such as increasing hourly pay rates, providing retention incentives, and engaging temporary staffing service providers, to mitigate the impacts to staffing that are impacting operations. CUSA cites the national staffing shortage and extended leave taken under the Coronavirus Aid, Relief, and Economic Security Act, as reasons for the staffing shortage to date. The Agencies are working closely with CUSA to restore the level of customer service. etExpress II Lanes 20 • • • • JOINT AGENCY TRANSPONDER DISTRIBUTION August -21 T21 TRANSPONDER DISTRIBUMON Issued To New Accounts Additional Tags to Ex isting Accounts Replacement Transponders Returned Account aosures Accounts Dow nsizing Defective Transponders Total Issued Total Returned July -21 Tags % of Total Tags as of Total 0 r #DIV10! 0 r #DIVl0! 0 # DIV/0! 0 19 1.5% 1,090 86.6% 149 11.8% 1,258 r r 0 • #DN/0! 0 • #DN/0! 0 r #DN!0! 0 7 0.4% r 1,576 99.6% 0 0.0% 1,583 FY 2021-22 Average To -Date r r 0 r #DN/0! 0 r #DN/0! 0 r #ON/0! 0 ✓ 13 0.9% ir 1,333 ✓ 75 5.2% 93.8% 1,421 6C TRANSPONDER DISTRIBUTION August -21 July -21 FY 2021-22 Tags %of Total Tags %of Total Average To -Date Issued To New Accounts Additional Tags to Existing Accounts Replacement Transponders Returned Account aosures Accounts Dow nsizing Defective Transponders Total Issued Total Returned 18,848 98.5% 265 1.4% 31 0.2% 19,144 r r r 9,181 335 0 9,516 96.5% 3.5% 0.0% • 14,015 97.8% ✓ 300 2.1% ✓ 16 0.1% 14,330 tfo, Express Lanes 21 At the end of August 2021, the 91 Express Lanes had 156,792 active customer accounts and 604,407 transponders classified as assigned. 180,000 160,000 140,000 120,000 100,000 - 80,000 - 60,000 - 40,000 - 20,000 Number of Accounts by FY As of August 31, 2021 130,048 114,138 112,584 112,473 112,929113, 672 116,813 119,782 • 154,469 156,792 140,694 148,054 149,803 y0 y'y yL '1i ,yp, y� yco 11 y4> yi .�O .yy 1`L O�� Ooh 01� O�� O,� O,O 01� 011 ti ti ti ti ti ti ti ti ti ti ti ti ti Fiscal Year Incoming Email Activity During August, the Anaheim Processing Center received 4,459 emails. etExpress A Lanes 22 ATTACHMENT E OCTA Orange County Transportation Authority Riverside County Transportation Commission 04., Express Lanes Status Report September 2021 As of September 30, 2021 Table of Contents Operations Overview OCTA 3 Traffic and Revenue Statistics for OCTA 3 OCTA Traffic and Revenue Summary 5 OCTA Eastbound Peak -Hour Volumes 6 OCTA Westbound Peak -Hour Volumes 7 OCTA Operational Highlights 8 Financial Highlights OCTA 10 Operations Overview RCTC 11 Traffic and Revenue Statistics for RCTC 11 RCTC Traffic and Revenue Summary 13 RCTC Peak -Hour Volumes 14 RCTC Eastbound Peak -Hour Volumes 14 RCTC Westbound Peak -Hour Volumes 16 RCTC Operational Highlights 18 Financial Highlights RCTC 19 Joint Agency Trip and Revenue Statistics 20 Joint Agency Traffic Statistics 20 Joint Agency Performance Measures 21 Joint Agency Transponder Distribution 22 Incoming Email Activity 23 etExpress 1 Lanes 2 � OPERATIONS OVERVIEW OCTA TRAFFIC AND REVENUE STATISTICS FOR OCTA Total traffic volume on the 91 Express Lanes for September 2021 was 1,667,305. This represents a daily average of 55,577 vehicles. This is a 42.2 percent increase in total traffic volume from the same period last year, which totaled 1,172,239 and was the seventh month of the State of California's stay-at-home orders due to the coronavirus (COVID-19) pandemic. Potential toll revenue for September was $5,247,366, which represents an increase of 37.3 percent from the prior year's total of $3,823,078. Carpool percentage for September was 21.9 percent as compared to the previous year's rate of 21.6 percent. As compared to September 2019, traffic volume increased by 12.8 percent and revenue increased by 18.2 percent. Month -to -date (MTD) traffic and revenue data is summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the Orange County Transportation Authority (OCTA) 91 Express Lanes and associated potential revenue for the month of September 2021. • • Current MTD as of September 30, 2021 Trips Sep -21 MTD Actual Sep -20 MTD Actual Yr 21-to-Yr 20 % Variance Sep -19 MTD Actual Yr 21-to-Yr 19 % Variance Full Toll Lanes 1,301,798 919,568 41.6% 1,095,487 18.8% 3+ Lanes 365,507 252,671 44.7% 382,094 (4.3%) Total Gross Trips 1,667,305 1,172,239 42.2% 1,477,581 12.8% Revenue Full Toll Lanes $5,197,519 $3,770,761 37.8% $4,373,645 18.8% 3+ Lanes $49,847 $52,317 (4.7%) $66,703 (25.3%) Total Gross Revenue $5,247,366 $3,823,078 37.3% $4,440,347 18.2% Average Revenue per Trip Average Full Toll Lanes $3.99 $4.10 '. i ;o) $3.99 0.0% Average 3+ Lanes $0.14 $0.21 (33.3%) $0.17 (17.6%) Average Gross Revenue $3.15 $3.26 (3.4%) $3.01 4.7% Express i Lanes 3 The 2021 fiscal year-to-date (YTD) traffic volume increased by 49.8 percent and potential toll revenue increased by 42.7 percent, when compared with the same period last year. YTD average revenue per trip is $3.09. Fiscal YTD traffic and revenue data are summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the OCTA 91 Express Lanes and associated potential revenue for the months of July 2021 through September 2021. Fiscal Year (FY) 2020-21 YTD as of September 30, 2021 Trips FY 2021-22 YTD Actual FY 2020-21 YTD Actual Yr-to-Yr Variance Full Toll Lanes 3,960,499 2,650,808 49.4% 3+ Lanes 1,157,678 766,024 51.1% Total Gross Trips 5,118,177 3,416,832 49.8% Revenue Full Toll Lanes $15,657,217 $10,920,716 43.4% 3+ Lanes $150,861 $157,534 4.2%) Total Gross Revenue $15,808,078 $11,078,250 42.7% Average Revenue per Trip Average Full Toll Lanes $3.95 $4.12 Average 3+ Lanes $0.13 $0.21 (38.1%) Average Gross Revenue $3.09 $3.24 (4.6%) Express Lanes 4 • OCTA Traffic and Revenue Summary The chart below reflects the total trips breakdown between full toll trips and high -occupancy vehicle (HOV3+) trips for FY 2021-22 on a monthly basis. The chart below reflects the gross potential revenue breakdown between full toll trips and HOV3+ trips for FY 2021-22 on a monthly basis. FY 2021-22 Revenue Summary $6,000,000 - $5,500,000 - $5,000,000 - $4,500,000 - $4,000,000 - m m $3,500,000 & $3,000,000 - $2,500,000 - $2,000,000 - $1,500,000 - $1,000,000 - $5.253,779 $5,205.91955,197,519 Jul -21 Aug -21 Sep -21 Oct -21 Nov -21 Dec -21 Jan -22 Feb -22 Mar -22 Apr -22 May -22 Jun -22 Month ■Full Tor Lanes ■3+ Lanes Express 5 OCTA EASTBOUND PEAK -HOUR VOLUMES Peak -hour traffic in the eastbound direction reached or exceeded 90 percent of defined capacity 22 times during the month of September 2021. As demonstrated on the next chart, westbound peak -hour traffic volumes top out at 85 percent of defined capacity. Monday 08130121 Tuesday 08131121 Wednesday 09101121 Thursday 09102121 Friday 09103121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400 - 1500 55.30 399 3,082 916/. $7.70 420 2,752 81% 08.35 500 2,841 84% 1500 - 1600 97.45 561 2,945 87% 97.45 463 2,556 75% 57.90 646 3,062 90% 1600-1700 $6.50 370 3,081 91% $7.00 335 2,737 81% $7.45 460 2,689 79% 1700 - 1800 $5.40 404 2,878 85% $6.70 411 2,844 84% $6.75 518 2,681 79% 1800-1900 $4.05 499 2,658 78% $4.50 493 3,014 89% 0675 508 2,165 64% 1900 - 2000 53.95 586 2,314 68% $5.75 542 2,381 70% $6.25 592 2,091 62% Monday 09106120 Tuesday 09107120 Wednesday 09108120 Thursday 09109120 Friday 09110120 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400 - 1500 $4.60 397 1,172 34% $5.30 384 2,665 78% $5.30 427 2,979 88% 57.70 394 3,088 91% $8.35 454 2,869 84% 1500 - 1600 $4.60 422 1,215 36% $4.75 474 3,012 89% $7.45 533 2,783 82% 57.45 525 3,049 90% $7.90 555 2,893 85% 1600-1700 $4.60 435 1,158 34% 54.50 413 3,306 97% $650 345 2,778 82% $7.00 330 2,670 79% $7.45 381 2,654 78% 1700 - 1800 $4.60 429 1,053 31% $4.90 326 2,506 74% $5.40 382 2,884 85% $6.70 402 2,851 84% $6.75 458 2,827 83% 1800-1900 94.60 502 1,137 33% $4.05 508 2,825 83% $4.05 537 3,011 89% 54.50 522 3,052 90% $6.75 590 2,658 78% 1900-2000 $4.60 568 1,181 35% $3.95 384 1,751 52% $3.95 454 2,121 62% $5.75 398 1,934 57% $6.25 527 2,128 63% Monday 09113121 Tuesday 09114121 Wednesday 09115121 Thursday 09116121 Friday 09117121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 $5.30 364 2,683 79% $5.30 370 2,622 77% $5.30 387 3,071 90% $7.70 397 2,906 85% $8.35 459 2,913 86% 1500-1600 $5.65 536 3,024 89% $4.75 537 3,064 90% 07.45 448 2,154 63% $7.45 536 2,804 82% $7.90 589 2,864 84% 1600-1700 54.35 437 3,222 95•/. 54.50 417 3,272 96% $6.50 304 2,348 69% $7.00 398 2,799 82% $7.45 442 2,656 78% 1700-1800 $4.95 335 2,615 77% $4.90 337 2,524 74% $5.40 402 2,940 86% $6.70 381 2,760 81% $6.75 461 2,825 83% 1800-1900 $5.65 493 2,571 76% $4.05 528 2,957 87% $4.05 534 3,026 89% $4.50 516 2,943 87% $6.75 626 2,767 81% 1900 - 2000 $3.95 400 1,530 45% $3.95 476 2,173 64% $3.95 560 2,436 72% $5.75 541 2,381 70% $6.25 597 2,339 69% Monday 09120121 Tuesday 09121121 Wednesday 09122121 Thursday 09123121 Friday 09124121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 $5.30 363 2,675 79% 95.30 379 2,805 83% 55.30 398 3,121 92% $7.70 386 2,858 84% $8.35 482 2,882 85% 1500 - 1600 55.65 534 3,132 92% 54.75 520 3,067 90% $7.45 488 2,803 82% 57.45 537 3,049 90% $7.90 559 2,890 85% 1600-1700 54.35 420 3,080 91% 54.50 402 3,181 94% $6.50 382 2,809 83% $7.00 395 2,888 85% $7.45 420 2,778 82% 1700 - 1800 $4.95 364 2,656 78% $4.90 362 2,524 74% $5.40 433 2,864 84% $6.70 422 2,814 83% $6.75 454 2,825 83% 1800-1900 $5.65 492 2,567 76% $4.05 519 2,944 87% $4.05 510 2,831 83% $4.50 568 2,975 88% $6.75 627 2,834 83% 1900-2000 $3.95 391 1,720 51% 93.95 504 2,316 68% $3.95 582 2,575 76% $5.75 553 2,361 69% 96.25 559 2,176 64% Monday 09127121 Tuesday 09128121 Wednesday 09129121 Thursday 09130121 Friday 10101121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400 - 1500 $5.30 358 2,732 80% $5.30 370 2,697 79% 55.30 397 3,098 91% $7.70 286 1,942 57% 1500-1600 55.65 515 3,129 92% 94.75 492 3,010 89% $7.45 516 2,814 83% $7.45 498 3,027 89% 1600 - 1700 54.35 413 3,274 96% 54.50 399 3,144 92% 96.50 332 2,789 82% 57.00 383 3,062 90% 1700-1800 $4.95 398 2,806 83% $4.90 355 2,522 74% $5.40 448 2,976 88% $6.70 444 3,035 89% 1800-1900 $5.65 484 2,293 67% $4.05 546 2,885 85% $4.05 556 2,883 85% $4.50 533 2,903 85% 1900-2000 93.95 420 1,581 47% $3.95 531 2,229 66% $3.95 501 2,179 64% 95.75 494 2,209 65% • Express J Lanes 6 0 • • OCTA WESTBOUND PEAK -HOUR VOLUMES Monday 08/30121 Tuesday 08131121 Wednesday 09101121 Thursday 09102121 Friday 09103121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $3.15 436 1,396 41% $3.15 454 1,374 40% $3.15 340 1,131 33% 0500 - 0600 $5.10 695 2,648 78% $5.10 676 2,568 76% $5.10 530 2,239 66% 0600-0700 $5.30 562 2,765 81% 55.30 511 2,737 81% $5.30 517 2,457 72% 0700 - 0800 $5.80 545 2,875 85% $5.80 530 2,680 79% $5.65 422 2,299 68% 0800 - 0900 $5.30 295 2,607 77% $5.80 307 2,540 75% $5.45 276 2,075 61% 0900 - 1000 $4.20 241 2,325 68% $5.80 256 2,424 71% $4.70 270 1,707 50% Monday 09106121 Tuesday 09107121 Wednesday 09/08/21 Thursday 09109121 Friday 09110121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $175 62 132 4% $3.15 408 1,385 41% $3.15 408 1,295 38% $3.15 428 1,395 41% $3.15 360 1,204 35% 0500-0600 $1.75 86 211 6% $5.10 661 2,639 78% $5.10 649 2,614 77% $5.10 659 2,652 78% $4.85 576 2,321 68% 0600-0700 $2.60 65 256 8% $5.30 558 2,784 82% $5.30 556 2,816 83% $5.30 570 2,753 81% 85.10 514 2,610 77% 0700 - 0800 $2.60 140 439 13% $5.80 518 2,755 81% $5.80 553 2,828 83% $5.80 487 2,709 80% 55.65 461 2,540 75% 0800-0900 $2.60 260 760 22% $5.30 327 2,710 80% $5.30 296 2,610 77% $5.30 292 2,538 75% $5.10 266 2,286 67% 0900 - 1000 $3.80 449 1,236 36% $4.20 316 2,873 85% $4.20 301 2,904 85% $4.20 309 2,665 78% $4.20 265 2,207 65% Monday 09113121 Tuesday 09114121 Wednesday 09115121 Thursday 09116121 Friday 09117121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400 - 0500 $3.15 428 1,379 41% $3.15 459 1,514 45% $3.15 485 1,628 48% $3.15 439 1,443 42% $3.15 358 1,236 36% 0500-0600 $5.10 648 2,558 75% $5.10 638 2,583 76% $5.10 677 2,656 78% $5.10 658 2,669 79% $4.85 609 2,438 72% 0600-0700 $5.30 592 2,827 83% 85.30 572 2,824 83% $5.30 570 2,844 84% $5.30 578 2,681 79% $5.10 598 2,618 77% 0700-0800 $5.80 508 2,734 80% 05.80 536 2,721 80% $5.80 554 2,773 82% $5.80 550 2,812 83% $5.65 550 2,589 76% 0800-0900 $5.30 289 2,542 75% $5.30 310 2,666 78% $5.30 319 2,604 77% 85.30 295 2,469 73% $5.10 281 2,163 64% 0900-1000 $420 254 2,285 67% $4.20 243 2,468 73% $4.20 303 2,323 68% $4.20 257 2,252 66% $4.20 302 2,126 63% Monday 09120121 Tuesday 09121121 Wednesday 09122121 Thursday 09123121 Friday 09124/21 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400 - 0500 $3.15 418 1,304 38% 83.15 471 1,534 45% $3.15 455 1,435 42% $3.15 452 1,453 43% $3.15 358 1,247 37% 0500 - 0600 $5.10 639 2,573 76% $5.10 658 2,448 72% $5.10 685 2,753 81% $5.10 702 2,652 78% $4.85 599 2,491 73% 0600-0700 $5.30 537 2,578 76% $5.30 429 1,860 55% $5.30 630 2,890 85% $5.30 634 2,753 81% $5.10 617 2,675 79% 0700 - 0800 $5.80 538 2,684 79% $5.80 616 2,809 83% $5.80 522 2,715 80% $5.80 516 2,528 74% $5.65 452 2,409 71% 0800 - 0900 $5.30 345 2,561 75% $5.30 340 2,803 82% $5.30 285 2,406 71% $5.30 304 2,508 74% $5.10 286 2,291 67% 0900-1000 $4.20 277 2,264 67% $4.20 270 2,844 84% $4.20 296 2,565 75% $4.20 279 2,197 65% $4.20 295 2,130 63% Monday 09127121 Tuesday 09128121 Wednesday 09129121 Thursday 09130121 Friday 10101121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap, 0400-0500 $3.15 415 1,405 41% $3.15 461 1,469 43% $3.15 463 1,485 44% $3.15 437 1,429 42% 0500-0600 $5.10 589 2,472 73% $5.10 730 2,778 82% $5.10 625 2,649 78% $5.10 726 2,709 80% 0600 - 0700 $5.30 608 2,769 81% $5.30 642 2,873 85% $5.30 538 2,405 71% $5.30 609 2,770 81% 0700-0800 $5.80 481 2,638 78% $5.80 484 2,602 77% $5.80 547 2,814 83% 95.80 467 2,536 75% 0800-0900 $5.30 282 2,434 72% $5.30 257 2,476 73% $5.30 321 2,506 74% $5.30 294 2,444 72% 0900 - 1000 $4.20 262 2,094 62% $4.20 268 2,334 69% 84.20 269 2,397 71% $4.20 273 2,605 77% • Express Al Lanes OCTA OPERATIONAL HIGHLIGHTS On -Road Operations OCTA customer assistance specialists (CAS) responded to 112 calls during the month of September. Of those calls, 103 were to assist disabled vehicles and four calls to remove debris. The CAS provided assistance to five accidents in the Express Lanes with two of those accidents originating in the State Route 91 general purpose lanes. 91 Express Lanes Back -Office System (BOS) Development Update In February, Cofiroute USA, LLC (CUSA) notified OCTA and the Riverside County Transportation Commission (RCTC) of a delay to the implementation of the new BOS for the 91 Express Lanes for both Orange and Riverside counties as a result of the COVID-19 pandemic. CUSA is the current operator of the 91 Express Lanes for both OCTA and RCTC and is the firm selected for the design, development, and implementation of the new BOS, as well as the customer service center operation. To address the potential delay of transitioning to the new operating agreement, in October 2019, an amendment to the existing operating agreement was executed which allowed for six one -month extension periods. In September 2021, OCTA and RCTC (Agencies) provided notice to CUSA that the Agencies will be exercising the fourth of the six one -month extension period, which will commence October 1, 2021 through October 31, 2021. Agencies' staff have been continuing to work with CUSA to meet the amended go -live date of September 29, 2021. Subsequent to the quarter -end, the Agencies were informed that the go -live date will be delayed. The Agencies have been working with CUSA to determine when the revised go -live date is expected and will then ask CUSA to provide an approved implementation schedule for go -live. The Agencies intend to exercise the one -month options until the transition to the new contract occurs. 91 Express Lanes Toll Entrance Gantries Infrastructure Project Update OCTA entered into an agreement with the California Department of Transportation (Caltrans) to provide construction and construction management services for the 91 Express Lanes Toll Entrance Gantries Infrastructure Project. This project entails constructing new toll gantries infrastructure at the three entrances of the OCTA 91 Express Lanes. Caltrans advertised and awarded the project in March 2021 and May 2021, respectively. In June, the contract was executed, and the project kickoff meeting was held in July. Pre -construction activities began in August and were followed with construction activities which commenced in September. The project is anticipated to be completed in December 2021. During the construction period, overnight closures and possibly, a few full weekend closures will occur. Upon completion of the infrastructure project, Kapsch TrafficCom USA, Inc., the toll lanes system integrator for the Express Lanes 8 • • • • • • 91 Express Lanes, will install new Electronic Toll and Traffic Management system equipment onto the new gantries. Roadway Operations and Maintenance Services Contract In December 2020, an agreement was executed with DeAngelo Brothers, LLC (DBI) for roadway operations and maintenance services for the 91 Express Lanes. DBI is responsible for providing Safety Service Patrol, which will assist stranded motorists, support incident clearance, and remove debris that presents a safety issue. In addition, DBI coordinates, oversees, and provides routine maintenance and repair activities that are to be performed on the facility, such as landscaping, road lighting inspection and repairs, and the replacement of the channelizers. In addition, they coordinate with Caltrans for any routine and emergency maintenance to be performed on the 91 Express Lanes and any construction activities on the general purpose lanes that impact the toll lanes. On October 22, 2021, staff was notified that DBI closed the company's operations, effective immediately. Staff has put interim measures in place, such as utilizing Freeway Service Patrol to assist stranded motorists and support incident clearance. Staff is evaluating the necessary next steps and will update the Board of Directors as efforts are finalized or require action. i Express J Lanes 9 FINANCIAL HIGHLIGHTS OCTA 91 Express Lanes O • eratin • Statement YTD as of : 9/30/2021 YTD Variance Description Actual (1) Budget itl Dollar $ Percent (%) Operating revenues: Toll Revenue $ 14,441,774.43 $ 10,299,299.00 $ 4,142,475.43 40.2 Fee Revenue 1,669,263.39 597,079.00 1,072,184.39 179.6 Total operating revenues 16,111,037.82 10,896,378.00 5,214,659.82 47.9 Operating expenses: Contracted Services 137,841.66 1,917,984.00 1,780,142.34 92.8 Administrative Fee 675,987.00 780,438.00 104,451.00 13.4 Other Professional Services (124,461.99) 711,040.00 835,501.99 117.5 Credit Card Processing Fees 367,429.64 289,740.00 (77,689.64) (26.8) Toll Road Account Servicing 125,595.16 268,200.00 142,604.84 53.2 Other Insurance Expense 115,082.88 62,475.00 (52,607.88) (84.2) Toll Road Maintenance Supply Repairs 76,752.21 1,278,730.00 1,201,977.79 94.0 Patrol Services 234,312.03 274,890.00 40,577.97 14.8 Building Equipment Repairs and Maint 86,137.97 188,145.00 102,007.03 54.2 6C Transponders - 18,750.00 18,750.00 100.0 Other Services (5) (781,750.00) 253,600.00 1,035,350.00 408.3 Utilities 9,107.35 23,748.00 14,640.65 61.7 Office Expense - 22,617.00 22,617.00 100.0 Bad Debt Expense 24,867.39 - (24,867.39) N/A Miscellaneous (2) 9,083.41 31,946.00 22,862.59 71.6 Leases 88,485.28 123,702.00 35,216.72 28.5 Total operating expenses 1,044,469.99 A 6,246,005.00 ® 5,201,535.01 83.3 Depreciation and Amortization (3) 809,070.27 - (809,070.27) N/A Operating income (Ioss)I 14,257,497.56 4,650,373.00 9,607,124.56 206.6 Nonoperating revenues (expenses): Reimbursement from Other Agencies 65,505.92 - 65,505.92 N/A Interest Income 787,114.75 430,059.00 357,055.75 83.0 r Interest Expense r (1,017,862.43)r (2,022,413.00) 1,004,550.57 49.7 Other 566.20 - 566.20 N/A Total nonoperating revenues (expenses) (164,675.56) (1,592,354.00) 1,427,678.44 89.7 Transfers In - - - N/A Transfers Out (4) (534,729.49) (773,161.00) 238,431.51 30.8 Net income (Ioss)I $ 13,558,092.51 I $ 2,284,858.00 $ 11,273,234.51 1 493.4 'Actual amounts are accounted for on the accrual basis of accounting in an enterprise fund. Budget amounts are accounted for on a modified accrual basis of accounting. 'Miscellaneous expenses include: Bond Insurance Costs, Bank Service Charge, Transponder Materials. 'Depreciation and amortization are not budgeted items. °Transfers Out: For M2 Project I and Project J expense reimbursements. 'Litigation settlement was accrued, the negative w ill be offset once the litigation payment is issued. 0114Express J Lanes 10 • • • � OPERATIONS OVERVIEW RCTC TRAFFIC AND REVENUE STATISTICS FOR RCTC Total traffic volume on the 91 Express Lanes for September 2021 was 1,428,960. This represents a daily average of 47,632 vehicles. This is a 44.4 percent increase in total traffic volume from the same period last year, which totaled 989,722 and was the seventh month of the COVID-19 stay-at-home order. Potential toll revenue for September was $5,249,910, which represents an increase of 50.6 percent from the prior year's total of $3,486,103. Carpool percentage for September was 20.3 percent as compared to the previous year's rate of 20.4 percent. As compared to September 2019, traffic volume increased by 9.9 percent and revenue decreased by 2.1 percent. MTD traffic and revenue data is summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the RCTC 91 Express Lanes and associated potential revenue for the month of September 2021. Current MTD as of September 30, 2021 Trips SEP-21 MTD Actual Stantec MTD Projected # Variance % Variance SEP-20 MTD Actual Yr-to-Yr % Variance SEP-19 MTD Actual Yr 21-to-Yr 19 Variance Full Toll Lanes 1,138,339 935,114 203,225 21.7% 787,711 44.5% 984,484 15.6% 3+ Lanes 290,621 317,957 (27,336) (8.6%) 202,011 43.9% 315,806 Total Gross Trips 1,428,960 1,253,071 175,889 14.0% 989,722 44.4% 1,300,290 9.9% Revenue Full Toll Lanes $5,209,051 $4,015,114 $1,193,937 29.7% $3,450,193 51.0% $5,326,713 3+Lanes $40,859 $0 $40,859 %i;.. ,-ia% �,/� / $35,910 13.8% $34,653 17.9% Total Gross Revenue $5,249,910 $4,015,114 $1,234,796 30.8% $3,486,103 50.6% $5,361,366 Average Revenue per Trip Average Full Toll Lanes $4.58 $4.29 $0.29 6.8% $4.38 4.6% $5.41 Average 3+ Lanes $0.14 $0.00 $0.14����j�% $0.18 $0.11 27.3% Average Gross Revenue $3.67 $3.20 $0.47 14.7% $3.52 4.3% $4.12 (10.9%) 04:Express J Lames 11 The 2021 fiscal YTD traffic volume increased by 50.9 percent and potential toll revenue increased by 56 percent, when compared with the same period last year. YTD average revenue per -trip is $3.55. Fiscal YTD traffic and revenue data are summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the RCTC 91 Express Lanes and associated potential revenue for the months of July 2021 through September 2021. FY 2020-21 YTD as of September 30, 2021 Trips FY 2021-22 YTD Actual Stantec YTD Projected # Variance % Variance FY 2020-21 YTD Actual Yr-to-Yr ok Variance Full Toll Lanes 3,443,802 2,846,700 597,102 21.0% 2,278,234 51.2% 3+ Lanes 917,225 1,002,886 -85,661 (8.5%) 610,998 50.1% Total Gross Trips 4,361,027 3,849,586 511,441 13.3% 2,889,232 50.9% Revenue Full Toll Lanes $15,340,215 $12,215,300 $3,124,915 25.6% $9,812,086 56.3% 3+ Lanes $127,960 $0 $127,960 �/��������� /////////// $106,007 20.7% Total Gross Revenue $15,468,175 $12,215,300 $3,252,875 26.6% $9,918,092 56.0% Average Revenue per Trip Average Full Toll Lanes $4.45 $4.29 $0.16 3.7% $4.31 3.2% Average 3+ Lanes $0.14 $0.00 $0.14 %7//%.7A $0.17 (17.6%) Average Gross Revenue $3.55 $3.17 $0.38 12.0% $3.43 3.5% etExpress 4. Lanes 12 • • • RCTC Traffic and Revenue Summary The chart below reflects the total trips broken down between full toll lanes and HOV3+ lanes for FY 2021-22 on a monthly basis. The chart below reflects the gross potential revenue breakdown between full toll lanes and HOV3+ lanes for FY 2021-22 on a monthly basis. 328,416 298,188 290,621 *' e4, Express Lanes 13 RCTC PEAK -HOUR VOLUMES In September, there were no toll rates adjusted. RCTC evaluates traffic volumes for peak period hours and adjusts rates according to the toll rate policy. RCTC EASTBOUND PEAK -HOUR VOLUMES Monday 08130121 Tuesday 08131121 Wednesday 09101121 Thursday 09102121 Friday 09103121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 $9.15 199 1082 1,281 E $11.20 206 1.027 1,233 E $26.80 306 1,074 1,380 F 1500.1600 $14.25 227 962 1,189 D 917.30 210 816 1,026 D $26.50 349 1.005 1,354 F 1600 • 1700 $7.05 191 1013 1,204 E $9.15 174 970 1,144 D 516.30 302 998 1,300 E 1700 - 1800 $5.45 169 953 1,122 D $5.45 193 974 1,167 D $8.10 318 932 1,250 E 1800-1900 5545 220 832 1.052 D $5.45 232 996 1,228 E $5.45 265 772 1,037 D 1900 - 2000 $2.30 245 747 992 C $4.25 239 895 1,134 D $4.25 264 746 1.010 D Monday 09106121 Tuesday 09107121 Wednesday 09108121 Thursday 09109121 Friday 09110121 PM Time Pries HOV SOV Vol. LOS Pries HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 $230 181 415 596 B 5545 172 1,012 1,184 D $9.15 186 1,016 1,202 E $11.20 184 1,184 1.368 F $26.80 217 964 1,181 D 1500-1600 $2.30 191 354 545 B $11.20 209 888 1,097 0 $14.25 187 945 1,132 0 $17.30 220 919 1,139 D $26.50 237 910 1,147 D 1600-1700 $2.30 191 326 517 B $7.05 181 915 1,096 D $7.05 163 970 1,133 D $9.15 162 850 1,012 D $16.30 210 878 1,088 D 1700-1800 $2.30 196 302 498 B $5.45 171 866 1,037 D $5.45 136 981 1,117 D $5.45 176 1,003 1,179 0 $8.10 217 1,006 1.223 E 1800.1900 $2.30 241 312 553 B $5.45 235 930 1,165 D $5.45 202 990 1,192 D $5.45 233 1,023 1,256 E $5.45 234 956 1,190 D 1900-2000 $2.30 246 357 603 B $2.30 192 570 762 B $2.30 203 800 1,003 D $4.25 163 734 897 C $4.25 232 813 1.045 D Monday 09113121 Tuesday 09114121 Wednesday 09115121 Thursday 09116121 Friday 09117121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 $5.45 164 964 1,128 D $5.45 168 995 1.163 D $9.15 207 1,055 1,262 E $11.20 180 1,129 1.309 F $26.80 230 1.076 1.306 F 1500-1600 $9.15 214 948 1.162 D $11.20 204 916 1,120 D $1425 156 804 960 C 817.30 215 943 1.158 D $26.50 252 969 1,221 E 1600.1700 $7.05 218 896 1.114 D $7.05 241 1,223 1,464 F $7.05 195 952 1,147 D $9.15 162 954 1,116 D $16.30 241 953 1,194 D 1700-1800 $5.45 190 881 1,071 D $5.45 154 923 1,077 D $5.45 178 929 1,107 D $5.45 171 922 1,093 D $8.10 214 1,010 1,224 E 1800-1900 $425 214 843 1,057 D 5545 203 930 1,133 D $5.45 211 968 1.179 D $5.45 204 1,008 1,212 E $5.45 278 1,013 1,291 E 1900-2000 $230 163 505 668 B $230 198 762 960 C $2.30 218 881 1,099 D $4.25 187 908 1,095 D $4.25 266 887 1,153 D Monday 09120121 Tuesday 09121121 Wednesday 09122121 Thursday 09123121 Friday 09124121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 55.45 172 1.034 1,206 E $5.45 157 1,023 1,180 D $9.15 179 1,092 1,271 E $11.20 177 1,020 1,197 D $26.80 211 1,062 1,273 E 1500 - 1600 09.15 221 929 1,150 D $11.20 208 924 1,132 D $1425 214 961 1,175 D $17.30 215 899 1,114 D $2650 226 960 1,186 D 1600-1700 $7.05 171 909 1,080 D $7.05 183 841 1,024 D $7.05 181 902 1,083 D $9.15 187 948 1,135 D $16.30 250 929 1,179 D 1700-1800 55.45 180 896 1,076 D 55.45 169 923 1,092 D $5.45 170 956 1,126 D $5.45 192 922 1,114 D $8.10 239 990 1,229 E 1800-1900 54.25 200 891 1,091 D $5.45 191 949 1,140 D $5.45 221 896 1,117 0 $5.45 250 919 1,169 D $5.45 284 991 1,275 E 1900-2000 $2.30 167 608 775 B $2.30 207 830 1,037 D $2.30 251 855 1,106 D $4.25 240 886 1,126 D $4.25 289 796 1,085 D Monday 09127121 Tuesday 09128121 Wednesday 09129121 Thursday 09130121 Friday 10101121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 $5.45 165 998 1,163 D 55.45 175 1,109 1,284 E $9.15 206 1,079 1,285 E $11.20 213 1,139 1,352 F 1500-1600 59.15 179 950 1,129 D $11.20 220 915 1,135 D $14.25 213 907 1,120 D $17.30 245 994 1,239 E 1600-1700 $7.05 164 944 1,108 D $7.05 175 933 1,108 D 57.05 186 896 1,082 D $9.15 176 995 1,171 D 1700-1800 $5.45 157 971 1,128 D 9545 156 894 1,050 D $5.45 191 937 1,128 D $5.45 171 1,040 1,211 E 1800 - 1900 5425 198 800 998 C $5.45 221 913 1.134 D $5.45 229 944 1,173 D $5.45 215 979 1,194 D 1900-2000 $2.30 180 539 719 B $2.30 198 746 944 C $230 211 751 962 C $4.25 184 846 1,030 D Express Lanes �4 • • • • • Eastbound PM Peak - County Line to 15 SB Ontario Monday 08130121 Tuesday 08!31121 Wednesday 09101121 Thursday 09102/21 Friday 09103121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $5.45 96 713 809 C $5.45 109 751 860 C 95.45 145 646 791 B 1500-1600 95.45 118 710 828 C $5.45 100 656 756 B $5.45 148 589 737 B 1600- 1700 $5.45 112 671 783 B $5.45 88 619 707 B $3.00 133 571 704 B 1700.1800 $5.45 94 583 677 B $5.45 90 603 693 B $3.00 101 576 677 B 1800.1900 53.00 111 620 731 B $3.00 133 708 841 C $3.00 140 499 639 B 1900.2000 53.00 129 506 635 B 53.00 149 616 765 B $3.00 187 516 703 B Monday 09106121 Tuesday 09107121 Wednesday 09108121 Thursday 09109121 Friday 09110121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1100- 1500 $2.00 112 241 353 A $5.45 103 713 816 C $5.45 113 701 814 C $545 114 769 883 C 55.45 105 710 815 C 1500.1600 5200 117 237 354 A $5.45 108 705 813 C 9545 103 682 785 B $5.45 125 708 833 C $5.45 113 636 749 B 1600.1700 5200 116 228 344 A 55.45 90 660 750 B $5.45 92 624 716 6 $5.45 87 579 666 B 53.00 121 650 771 8 1700.1800 5200 116 167 283 A $3.60 87 639 726 B $5.45 85 652 737 B $5.45 87 675 762 B 53.00 91 582 673 B 1800- 1900 5200 146 189 335 A 53.00 123 587 710 B 53.00 113 681 794 B 53.00 119 666 785 B 53.00 136 578 714 B 1900-2000 5200 140 211 351 A 53.00 95 470 565 B 53.00 122 612 734 B $3.00 90 578 668 B $3.00 139 549 688 B Monday 09113121 Tuesday 09114121 Wednesday 09115121 Thursday 09116121 Friday 09117121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400- 1500 $5.45 103 707 810 C $5.45 110 744 854 C $5.45 99 748 847 C 55.45 116 765 881 C $5.45 125 689 814 C 1500.1600 $5.45 123 629 752 B 55.45 138 691 829 C $5.45 89 577 666 B 55.45 129 655 784 B 55.45 144 594 738 B 1600- 1700 sacoo 98 668 766 B 55.45 35 208 243 A 55.45 113 712 825 C 55.45 104 624 728 B $3.00 127 605 732 B 1700.1800 53.60 99 634 733 B 9300 72 644 716 B $5.45 115 649 764 B $5.45 81 607 688 B 53.00 130 608 738 B 1800.1900 53.® 115 595 710 B 53.00 121 708 829 C 5300 127 739 866 C 53.00 119 683 802 C $3.00 146 625 771 B 1900.2000 $200 99 367 466 B 83.00 150 642 792 B $3.00 155 637 792 B $3.00 162 731 893 C $3.00 178 577 755 B Monday 09120121 Tuesday 09121121 Wednesday 09122/21 Thursday 09123121 Friday 09124!21 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400- 1500 $5.45 122 715 837 C $545 92 738 830 C $5.45 111 780 891 C $5.45 115 759 874 C $5.45 126 752 878 C 1500.1600 55.45 120 717 837 C 55.45 119 710 829 C 55.45 106 700 806 C $5.45 113 647 760 B 55.45 126 612 738 B 1600.1700 saao 92 621 713 8 55.45 93 618 711 B $5.45 87 644 731 B $5.45 99 642 741 B $3.00 123 609 732 B 1700.1800 53.00 87 596 683 B 53.00 78 685 763 B $5.45 84 621 705 B 55.45 96 578 674 B $3.00 120 621 741 B 1800.1900 5300 120 624 744 B 53.00 120 646 766 B 53.00 127 671 798 B $3.00 145 672 817 C $3.00 134 583 717 B 1900.2000 5200 127 457 584 B 5300 123 640 763 8 53.00 160 627 787 B $3.00 168 609 777 B $3.00 166 564 730 B Monday 09127121 Tuesday 09128121 Wednesday 09129121 Thursday 09130121 Friday 10101121 PM Time Price HOV SOV Vol. LOS Nov NOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1100. 1500 55.45 97 675 772 B $5.45 108 774 882 C $5.45 133 801 934 C $5.45 141 771 912 C 1500.1600 55.45 111 734 845 C 55.45 118 699 817 C $5.45 121 709 830 C $5.45 112 762 874 C 1600-1700 53.80 110 676 786 B $5.45 92 658 750 B $5.45 90 645 735 B $5.45 77 672 749 B 1700-1800 53.00 92 640 732 B 83.00 103 639 742 B $5.45 106 594 700 B $5.45 91 673 764 B 1800- 1900 53.00 107 613 720 B $3.00 136 704 840 C 53.00 151 676 827 C 53.00 114 696 810 C 1900-2000 $200 110 406 516 B 53.60 148 552 700 B 53.60 154 516 670 B 53.00 151 599 750 B • Express 1 Lanes �5 RCTC WESTBOUND PEAK -HOUR VOLUMES Monday 08130121 Tuesday 08131121 Wednesday 09101121 Thursday 09102121 Friday 09103121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 54.25 207 435 642 B $4.25 206 447 653 6 $2.30 156 420 576 B 0500-0600 511.20 382 1146 1,528 F 510.15 362 1,094 1.456 F 57.05 250 1,040 1,290 E 0600-0700 $16.95 293 1164 1,457 F 51595 271 1.112 1.383 F 59.10 262 1,112 1,374 F 0700-0800 $12.95 327 1413 1,740 F 511.95 345 1,337 1,682 F $8.05 285 1,278 1,563 F 0800 • 0900 59.05 198 1569 1,767 F 58.05 197 1,474 1,671 F $4.25 145 1,095 1,240 E 0900-1000 55.45 125 1196 1,321 E 55.45 143 1,178 1.321 E $4.25 134 774 908 C Monday 09106121 Tuesday 09107121 Wednesday 09108121 Thursday 09109121 Friday 09110(21 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 51.60 13 27 40 A $4.25 181 465 646 B 94.25 184 435 619 B 54.25 164 454 638 B 52.30 169 454 623 B 0500-0600 51.60 31 52 83 A 511.20 334 1,190 1,524 F $11.20 325 1,158 1,483 F 510.15 312 1,249 1,561 F 57.05 284 1,017 1,301 E 0600.0700 $1.60 31 101 132 A $16.95 287 1,149 1,436 F 51695 263 1,097 1,360 F 51595 251 1,181 1,432 F 59.10 280 1,202 1,482 F 0700-0800 51.60 80 171 251 A $12.95 311 1,420 1,731 F 51295 325 1,428 1,753 F $11.95 302 1,410 1,712 F $8.05 306 1,381 1,687 F 0800-0900 51.60 166 306 472 B 59.05 205 1,488 1,693 F 59.05 176 1,457 1,633 F 58.05 184 1.474 1,658 F $4.25 165 1,349 1,514 F 0900 - 1000 52.30 278 512 790 B $5.45 179 1,495 1,674 F $5.45 193 1,436 1,629 F 5545 153 1,286 1,439 F $4.25 145 996 1,141 D Monday 09113121 Tuesday 09114121 Wednesday 09115121 Thursday 09116121 Friday 09117121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 $4.25 186 477 663 B 54.25 193 514 707 6 94.25 208 571 779 B 54.25 187 515 702 B 52.30 148 448 596 B 0500-0600 $11.20 349 1,122 1,471 F $11.20 324 1,066 1,390 F 511.20 303 1,227 1,530 F 510.15 332 1,192 1,524 F 57.05 289 1,116 1,405 F 0600-0700 515.95 290 1,117 1,407 F $16.95 292 1,064 1,356 F $16.95 254 1,215 1,469 F 51595 301 1,064 1,365 F $9.10 288 1,087 1,375 F 0700-0800 51295 306 1,330 1,636 F 51295 350 1,347 1,697 F 51295 304 1,327 1.631 F 511.95 380 1,385 1,765 F $8.05 345 1,375 1,720 F 0800-0900 *:.05 195 1,404 1,599 F 59.05 203 1,382 1,585 F 59.05 227 1,519 1,746 F 58.05 207 1,458 1,665 F $4.25 166 1,219 1,385 F 0900 - 1000 $5.45 130 1,114 1,244 E $5.45 170 1,465 1.635 F $5.45 173 1,130 1,303 E 5545 129 1,071 1.200 D $4.25 142 834 976 C Monday 09120121 Tuesday 09121121 Nkdnesday 09122121 Thursday 09123121 Friday 09124121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400 - 0500 $4.25 216 454 670 B 5425 239 608 847 C 54.25 205 524 729 B 54.25 191 510 701 B 52.30 143 476 619 B 0500.0600 $11.20 342 1,202 1,544 F 511.20 371 1,167 1,538 F $11.20 339 1,212 1,551 F $10.15 356 1,150 1.506 F $7.05 322 1,174 1,496 F 0600-0700 $15.95 287 1,192 1,479 F $16.95 246 957 1,203 E $16.95 316 1,132 1,448 F $15.95 335 1,100 1,435 F 5910 270 1,226 1,496 F 0700.0800 51295 330 1,400 1,730 F 51295 408 1,297 1,705 F 51295 296 1,394 1.690 F 511.95 329 1,339 1,638 F $8.05 242 1,300 1,542 F 0800 - 0900 $8.05 221 1,440 1,661 F 59.05 222 1,508 1,730 F $9.05 163 1,504 1,667 F $8.05 207 1,464 1,671 F $4.25 153 1,255 1,408 F 0900.1000 55.45 143 1,043 1,186 D $5.45 140 1,391 1,531 F $5.45 165 1,271 1,436 F 55.45 136 1,000 1,136 D $4.25 148 882 1.030 D Monday 09127121 Tuesday 09128121 Wednesday 09129121 Thursday 09130121 Friday 10101121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. L05 Price HOV SOV Vol. LOS 0400 - 0500 $4.25 176 440 616 B $425 216 465 681 B $4.25 200 495 695 B 54.25 182 482 664 B 0500-0600 $11.20 265 997 1,262 E 511.20 363 1,223 1,586 F $11.20 323 1,158 1,481 F $10.15 342 1,178 1,520 F 0600-0700 515.95 291 1,102 1,393 F 516.95 327 1,142 1,469 F $16.95 337 1,143 1,480 F 515.95 277 1,175 1,452 F 0700 -0600 51295 290 1,407 1,697 F 512.95 291 1,304 1,595 F $1295 333 1,361 1,694 F 511.95 317 1,318 1,635 F 0800-0900 $8.05 187 1,497 1,684 F $9.05 130 1,499 1,629 F $9.05 197 1,492 1,689 F $8.05 150 1,422 1,572 F 0900 • 1000 55.45 122 1,004 1,126 D $5.45 134 1,173 1,307 E $5.45 134 1,180 1,314 E 55.45 163 1,271 1,434 F et Express Lanes 3.6 • • • • • Westbound AM Peak - 1-15 North to County Line Monday 08130121 Tuesday 08131121 Ihkdnesday 09101121 Thursday 09102121 Friday 09103121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 53.00 141 474 615 B 6300 135 441 576 B 52.00 94 383 477 B 0500.0600 57.00 225 931 1,156 D $7.00 229 915 1,144 D $5.45 128 852 980 C 0600.0700 59.00 222 1265 1,487 F $8.00 234 1,296 1,530 F 55.45 185 1,032 1,217 E 0700.0800 59.00 213 1304 1,517 F $7.00 211 1,238 1,449 F 55.45 156 1,003 1,159 D 0800 • 0900 $6.45 93 1150 1,243 E 55.45 121 1,213 1,334 E 53.00 88 857 945 C 0900.1000 $3.00 101 900 1,001 D $300 84 885 969 C $3.00 97 633 730 B Monday 09106121 Tuesday 09107121 Wednesday 09108121 Thursday 09109121 Friday 09110121 AM Time Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS 0400 -0500 52.00 35 35 70 A $3.00 116 540 656 B 53.00 123 481 604 B 5300 109 469 578 B 52.00 104 442 546 B 0500.0600 $2.00 31 62 93 A $7.00 174 992 1,166 D 57.00 171 979 1,150 D 57.00 169 1,050 1,219 E $5.45 175 902 1,077 D 0600.0700 $2.00 30 95 125 A 59.00 231 1,282 1,513 F 59.00 221 1,378 1.599 F $8.00 200 1,355 1,555 F $5.45 184 1,184 1,368 E 0700.0800 52.00 37 134 171 A 59.00 212 1,360 1,572 F $9.00 206 1,351 1,557 F 57.00 196 1,344 1,540 F $5.45 185 1,150 1,335 E 0600.0900 52.00 69 163 232 A $6.45 112 1,175 1,287 E $6.45 119 1,221 1,340 E 5545 122 1,156 1,278 E 53.00 94 1,002 1,096 D 0900- 1000 52.00 138 304 442 B 5300 119 992 1,111 D 53.00 130 1,067 1,197 D $300 101 894 995 C $3.00 81 744 825 C Monday 09113121 Tuesday 09114121 Wednesday 09115121 Thursday 09116121 Friday 09117121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400 •0500 $3.00 143 480 623 B S3.00 128 480 608 B 53.00 111 509 620 0 53.00 107 461 568 B 52.00 98 427 525 B 0500.0600 57.00 222 1,009 1,231 E $7.00 185 1,040 1,225 E 57.00 191 1,029 1,220 E $7.00 201 1,050 1,251 E $5.45 159 950 1,109 D 0600.0700 58.00 250 1,260 1.510 F 59.00 262 1,308 1,570 F $9.00 193 1,339 1,532 F 58.00 261 1,293 1,554 F $5.45 234 1,156 1,390 E 0700.0800 $8.00 209 1,241 1,450 F $9.00 209 1,331 1,540 F $9.00 217 1,346 1,563 F $7.00 232 1,290 1,522 F $5.45 206 1,124 1,330 E 0800.0900 55.45 127 1,169 1,296 E $6.45 154 1,343 1,497 F $6.45 130 1,169 1,299 E 55.45 126 1,177 1,303 E $3.00 119 879 998 C 0900.1000 $3.00 90 860 950 C 5300 93 1,076 1,169 D $3.00 112 872 984 C 5700 91 803 894 C 53.00 124 720 844 C Monday 09120121 Tuesday 09121121 Wednesday 09122121 Thursday 09123121 Friday 09124121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 53.00 131 481 612 B 5300 137 498 635 B $3.00 136 493 629 B 6300 120 508 628 B $2.00 82 451 533 B 0500-0600 $7.00 214 954 1,168 D $7.00 220 1,078 1,298 E $7.00 188 1,131 1,319 E $7.00 222 1,133 1,355 E $5.45 166 986 1,152 D 0600 - 0700 $8.00 213 1,292 1,505 F $9.00 243 1,121 1,364 E 59.00 251 1,384 1,635 F 5800 256 1,320 1,576 F $5.45 201 1,147 1,348 E 0700-0800 $8.00 215 1,322 1,537 F 59.00 229 1,175 1,404 F 59.00 199 1,325 1,524 F 57.00 188 1,269 1,457 F 55.45 137 1,084 1,221 E 0800 - 0900 55.45 138 1,139 1,277 E 56.45 161 1,455 1,616 F 56.45 92 1,107 1,199 D 55.45 125 1,176 1,301 E $3.00 105 951 1,056 D 0900.1000 $3.00 114 832 946 C 5300 97 942 1,039 D 53.00 113 1,021 1,134 D $300 102 839 941 C 53.00 110 722 832 C Monday 09127121 Tuesday 09128121 Wednesday 09129121 Thursday 09130121 Friday 10101121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 $3.00 145 495 640 B 5300 152 474 626 B 53.00 142 475 617 B 5700 113 499 612 B 0500.0000 57.00 214 1,069 1,283 E 57.00 204 1,096 1,300 E 57.00 185 1,152 1,337 E $7.00 181 1,096 1,277 E 0600.0700 $8.00 235 1,288 1,523 F 59.00 281 1,378 1,659 F $9.00 266 1,289 1,555 F 58.00 265 1,347 1,612 F 0700.0800 58.00 177 1,265 1,442 F 59.00 196 1,303 1,499 F 59.00 207 1,317 1,524 F 57.00 191 1,211 1,402 F 0800 - 0900 $5.45 131 1,154 1,285 E $6.45 101 1,258 1,359 E $6.45 106 1,137 1,243 E 5545 110 1,215 1,325 E 0900 - 1000 53.00 102 797 899 C 5700 107 868 975 C 53.00 94 937 1,031 D 5300 112 1,006 1,118 D &Express Lanes 17 RCTC OPERATIONAL HIGHLIGHTS On -Road Operations RCTC Freeway Service Patrol responded to 127 calls during the month of September. Of those calls, 88 were to assist disabled vehicles, 13 calls to remove debris, and 26 were in response to accidents in the Express Lanes. 91 Express Lanes BOS Development Update In February, CUSA notified OCTA and the RCTC of a delay to the implementation of the new BOS for the 91 Express Lanes for both Orange and Riverside counties as a result of the COVID-19 pandemic. CUSA is the current operator of the 91 Express Lanes for both OCTA and RCTC and is the firm selected for the design, development, and implementation of the new BOS, as well as the customer service center operation. To address the potential delay of transitioning to the new operating agreement, in October 2019, an amendment to the existing operating agreement was executed which allowed for six one -month extension periods. In September 2021, OCTA and RCTC (Agencies) provided notice to CUSA that the Agencies will be exercising the fourth of the six one -month extension period, which will commence October 1, 2021 through October 31, 2021. Agencies' staff have been continuing to work with CUSA to meet the amended go -live date of September 29, 2021. Subsequently, the Agencies were informed that the go -live date will be delayed. The Agencies have been working with CUSA to determine when the revised go -live date is expected and will then ask CUSA to provide an approved implementation schedule for go -live. The Agencies intend to exercise the one -month options until the transition to the new contract occurs. tftExpress Al Lanes 18 • • • � FINANCIAL HIGHLIGHTS RCTC • • RCTC 91 Express Lanes Operating Statement YTD as of : ''30!2021 YTD Variance Description Actual' Budget Dollar $ Percent (%) Operating revenues: Toll Revenue $ 14,094,428.84 $ 8,958,750.00 $ 5,135,678.84 57.3 Fee Revenue 1,751,276.25 1,429,225.00 322,051.25 22.5 Total operating revenues 15,845,705.09 10,387,975.00 5,457,730.09 52.5 Operating expenses: Salaries and Benefits 111,025.00 213,200.00 102,175.00 47.9 Legal Services 9,028.62 51,250.00 42,221.38 82.4 Advisory Services (284.34) 2 1,250.00 1,534.34 122.7 Audit and Accounting Fees - 9,000.00 9,000.00 100.0 Service Fees - 4,675.00 4,675.00 100.0 Other Professional Services 78,598.20 314,875.00 236,276.80 75.0 Lease Expense 65,505.92 79,775.00 14,269.08 17.9 Operations 393,742.92 904,450.00 510,707.08 56.5 Utilities 3,294.90 16,275.00 12,980.10 79.8 Supplies and Materials 156.19 8,375.00 8,218.81 98.1 Membership and Subscription Fees - 7,500.00 7,500.00 100.0 Office Equipment & Furniture (Non -Capital) - 20,000.00 20,000.00 100.0 Maintenance/Repairs 34,489.30 77,150.00 42,660.70 55.3 Training Seminars and Conferences 1,127.60 400.00 (727.60) (181.9) Transportation Expenses - 625.00 625.00 100.0 Lodging - 325.00 325.00 100.0 Meals - 750.00 750.00 100.0 Other Staff Expenses - 75.00 75.00 100.0 Advertising - 53,750.00 53,750.00 100.0 Program Management 5,876.85 20,775.00 14,898.15 71.7 Program Operations 125,948.29 2,093,550.00 1,967,601.71 94.0 Litigation Settlement 687.06 - (687.06) N/A Furniture & Equipment - 18,750.00 18,750.00 100.0 Improvements 24,997.50 13,750.00 (11,247.50) (81.8) Bad Debt Expense 25,018.55 - (25,018.55) N/A Total operating expenses 879,212.56 3,910,525.00 3,031,312.44 77.5 Operating income (loss) 14,966,492.53 6,477,450.00 8,489,042.53 131.1 Nonoperating revenues (expenses): Interest Revenue 179,802.48 37,375.00 142,427.48 (381.1) Other Miscellaneous Revenue 9.44 - 9.44 N/A Principal Expense - - - N/A Interest Expense (5,858,418.00) (2,260,225.00) (3,598,193.00) 159.2 Total nonoperating revenues (expenses) (5,678,606.08) (2,222,850.00) (3,455,756.08) (155.5) Transfers In - - - N/A Transfers Out - (268,675.00) 268,675.00 (100.0) Net income (loss) $ 9,287,886.45 $ 3,985,925.00 $ 5,301,961.45 133.0 Unaudited 2 Negatives are the result of FY21 accruals • Express i Lanes 19 JOINT AGENCY TRIP AND REVENUE STATISTICS MULTI AGENCY TRIP AND REVENUE STATISTICS MONTH ENDING September 30, 2021 MTD Transactions by Agency Transactions Using Both Segments % Using Both Segments Revenue Westbound OCTA 858,881 463,116 54% $2,444,659 RCTC 783,840 463,116 59% $2,996,097 1-15 335,276 263,717 79% $1,138,944 McKinley 448,564 199,399 44% $1,857,153 Eastbound OCTA 808,424 486,726 60% $2,802,707 RCTC 645,120 486,726 75% $2,253,813 1-15 248,156 195,281 79% $629,397 McKinley 396,964 291,445 73% $1,624,417 JOINT AGENCY TRAFFIC STATISTICS 1,000,000 900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 Joint Agency Traffic Statistics 59% 75% OCTA RCTC OCTA RCTC Westbound Eastbound ■ OCTA Transactions ■ RCTC Transactions ■ % of OCTA Transactions Using Both Segments % of RCTC Transactions Using Both Segments Express Lames 20 • • • JOINT AGENCY PERFORMANCE MEASURES REPORTING REQUIREMENT Reporting P eriod PERFORMANCE STANDARD Sep -21 Performance CUSTOM ER SERVICE Call Wait Time Abandon Rate Customer Satisfaction VIOLATION PROCESSING Monthly Not to exceed 2 minutes Monthly No more than 4.0% Monthly At least 75 outbound calls 8:58 12.5% 75 Response Time Monthly Within 2 business days of receipt 1.4 CUSA Violation Collection Rate Quarterly 70% or more CUSA Violation Collection Rate Annually 74% or more TRAFFIC OPERATIONS Initial & Secondary Review s Monthly Equal to or less than 15 days 2.5 * Rate Misread Errors Monthly Equal to or less than 0.4% 0.04% ACCOUNTING OCTA Exceptions Monthly No more than 3 0 RCTC Exceptions Monthly No more than 3 0 INFORMATION TECHNOLOGY Back -office System Uptime Monthly 99% Availability 100% Network Uptime Monthly 99% Availability 100% CUSA = Cofiroute USA; CAS = OCTA Customer Assistance Specialists *Plate M is read Error performance is current after a 60 -day hold -back period; therefore, percentage reported here is fo r two months prior to the month of this report. 60% CUSA continues to experience staffing impacts related to employee attrition and employees out on leave, which impacted the Call Center performance. Due to these impacts, CUSA was out of compliance for average call wait time and call abandonment rate for the month of September. CUSA has taken several steps, such as increasing hourly pay rates, providing retention incentives, and engaging temporary staffing service providers, to mitigate the impacts to staffing that are impacting operations. CUSA cites the national staffing shortage and extended leave taken under the Coronavirus Aid, Relief, and Economic Security Act, as reasons for the staffing shortage to date. The Agencies are working closely with CUSA to restore the level of customer service. Express Lanes 21 JOINT AGENCY TRANSPONDER DISTRIBUTION T21 TRANSPONDER DISTRIBUTION Se pte m be r-21 August -21 Tags % of Total Tags % of Total FY 2021-22 Average To -Date Issued To New Accounts Additional Tags to Existing Accounts Replacement Transponders Returned Account aosures Accounts Dow nsizing Defective Transponders Total Issued Total Returned 0 0 0 0 r r 2 0.3% 786 99.5% 2 0.3% 790 19 1,090 149 1,258 1.5% 86.6% 11.8% 9 0.8% 1,158 95.1% 50 4.1% 1,218 6C TRANSPONDER DISTRIBUTION September -21 August -21 FY 2021-22 Tags % of Total Tags % of Total Average To -Date Issued To New Accounts Additional Tags to Existing Accounts Replacement Transponders Returned Account aosures Accounts Dow nsizing Defective Transponders 12,870 67.0% 6,296 32.8% 36 0.2% Total Issued 19,202 Total Returned 18,848 265 31 19,144 98.5% 1.4% 0.2% r 13,633 85.5% 2,299 14.4% 22 0.1% 15,954 eitaxpress / Lanes 22 • • • At the end of September 2021, the 91 Express Lanes had 157,794 active customer accounts and 613,948 transponders classified as assigned. Number of Accounts by FY As of September 30, 2021 180,000 160,000 140,000 120,000 100,000 80,000 60,000 40,000 20,000 114,138 112,584 112,473 112,929 113,672 116,813 119,782 130,048 140,694 148,054 149,803 Incoming Email Activity During September, the Anaheim Processing Center received 3,936 emails. 154,469 157,794 Fiscal Year etExpress 23 ATTACHMENT F • • • OCTA Orange County Transportation Authority Riverside County Transportation Commission I �� Express Status Report October 2021 As of October 31, 2021 • • • Table of Contents Operations Overview OCTA 3 Traffic and Revenue Statistics for OCTA 3 OCTA Traffic and Revenue Summary 5 OCTA Eastbound Peak -Hour Volumes 6 OCTA Westbound Peak -Hour Volumes 7 OCTA Operational Highlights 8 Financial Highlights OCTA 10 Operations Overview RCTC 11 Traffic and Revenue Statistics for RCTC 11 RCTC Traffic and Revenue Summary 13 RCTC Peak -Hour Volumes 14 RCTC Eastbound Peak -Hour Volumes 14 RCTC Westbound Peak -Hour Volumes 16 RCTC Operational Highlights 18 Financial Highlights RCTC 19 Joint Agency Trip and Revenue Statistics 20 Joint Agency Traffic Statistics 20 Joint Agency Performance Measures 21 Joint Agency Transponder Distribution 21 Incoming Email Activity 22 04, Express AI Lanes 2 � OPERATIONS OVERVIEW OCTA TRAFFIC AND REVENUE STATISTICS FOR OCTA Total traffic volume on the 91 Express Lanes for October 2021 was 1,724,399. This represents a daily average of 55,626 vehicles. This is a 30 percent increase in total traffic volume from the same period last year, which totaled 1,326,289 and was the eighth month of the State of California's stay-at-home orders due to the coronavirus (COVID-19) pandemic. Potential toll revenue for October was $5,324,471, which represents an increase of 23.2 percent from the prior year's total of $4,322,649. Carpool percentage for October was 22.3 percent as compared to the previous year's rate of 20.9 percent. As compared to October 2019, traffic volume increased by 12.9 percent and revenue increased by 11.2 percent. Month -to -date traffic and revenue data is summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the Orange County Transportation Authority (OCTA) 91 Express Lanes and associated potential revenue for the month of October 2021. • • Current Month -to -Date (MTD) as of October 31, 2021 Trips Oct -21 MTD Actual Oct -20 MTD Actual Yr 21-to-Yr 20 % Variance Oct -19 MTD Actual Yr 21-to-Yr 19 Variance Full Toll Lanes 1,339,489 1,048,523 27.8% 1,167,703 14.7°% 3+ Lanes 384,910 277,766 38.6% 359,588 7.0% Total Gross Trips 1,724,399 1,326,289 30.0% 1,527,291 12.9% Revenue Full Toll Lanes $5,274,459 $4,269,601 23.5% $4,718,326 11.8% 3+ Lanes $50,011 $53,048 (5.7%) $70,758 (29.3%) Total Gross Revenue $5,324,471 $4,322,649 23.2% $4,789,084 11.2% Average Revenue per Trip Average Full Toll Lanes $3.94 $4.07 (3.2%) $4.04 (2.5%) Average 3+ Lanes $0.13 $0.19 (31.6%) $0.20 (35.0%) Average Gross Revenue $3.09 $3.26 (5.2%) $3.14 (1.6%) • Express J Lanes 3 The 2021 fiscal year-to-date (YTD) traffic volume increased by 44.3 percent and potential toll revenue increased by 37.2 percent, when compared with the same period last year. YTD average revenue per trip is $3.09. Fiscal YTD traffic and revenue data are summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the OCTA 91 Express Lanes and associated potential revenue for the months of July 2021 through October 2021. Fiscal Year (FY) 2020-21 YTD as of October 31, 2021 Trips FY 2021-22 YTD Actual FY 2020-21 YTD Actual Yr-to-Yr 0/0 Variance Full Toll Lanes 5,299,988 3,699,331 43.3% 3+ Lanes 1,542,588 1,043,790 47.8% Total Gross Trips 6,842,576 4,743,121 44.3% Revenue Full Toll Lanes $20,931,676 $15,190,317 37.8% 3+ Lanes $200,873 $210,582 (4.6%) Total Gross Revenue $21,132,549 $15,400,899 37.2% Average Revenue per Trip Average Full Toll Lanes $3.95 $4.1 1 3.9%) Average 3+ Lanes $0.13 $0.20 (35.0%) Average Gross Revenue $3.09 $3.25 (4.9%) &Express JI Lanes 4 • • • OCTA Traffic and Revenue Summary The chart below reflects the total trips breakdown between full toll trips and high -occupancy vehicle (HOV3+) trips for FY 2021-22 on a monthly basis. The chart below reflects the gross potential revenue breakdown between full toll trips and HOV3+ trips for FY 2021-22 on a monthly basis. 414,137 378,034 365,507 384,910 $7,000,000 *500,000 *000,000 $5,500,000 $5,000,000 $4,500,000 c $4,000,000 0 $3,500,000 $3,000,000 $2.500,000 $2,000,000 $1,500,000 $1,000,000 FY 2021-22 Revenue Summary $5,253,779 $5,274,45 $5,205.919 $5,197,519 Jul -21 Aug -21 Sep -21 Oct -21 Nov -21 Dec -21 Jan -22 Feb -22 Mar -22 Apr -22 May -22 Jun -22 Month ■Full Toil Lanes ■3+ Lanes etExpress Al Lanes 5 OCTA EASTBOUND PEAK -HOUR VOLUMES Peak -hour traffic in the eastbound direction reached or exceeded 90 percent of defined capacity 13 times during the month of October 2021. As demonstrated on the next chart, westbound peak -hour traffic volumes top out at 85 percent of defined capacity. Monday 09127121 Tuesday 09128/21 Wednesday 09129121 Thursday 09130121 Friday 10101121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400 -1500 $6.35 457 2,913 86% 1500 -1600 67 90 545 2,892 85% 1600 -1700 $7.45 410 2,685 79% 1700-1800 $6.75 445 2,766 81% 1800 -1900 56.75 596 2,741 81% 1900 - 2000 $6.25 624 2,299 68% Monday 10104121 Tuesday 10105121 Wednesday 10106121 Thursday 10107121 Friday 10108121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400 -1500 $5.30 413 2,761 81°k $5.30 360 2,667 78% $5.30 373 2,995 88% $7.70 428 2,953 87% 58.35 456 2,832 83°k 1500 -1600 $5.65 518 2,999 88% $4.75 497 3,014 89% $7.45 555 2,946 87% $7.45 538 3,254 96°10 67.90 630 3,126 92% 1600 -1700 54.35 414 3,132 92°/ $4.50 3:: 2,997 88% $6.50 389 2,899 85% 57.00 396 3,012 89% $7.45 458 2,981 88% 1700 -1800 54.95 415 2,695 79% 54.90 355 2,517 74% $5.40 415 2,729 80% $6.70 460 2,878 85% $6.75 475 2,763 81% 1800 -1900 $5.65 516 2,579 76% $4.05 516 2,748 81% 54.05 546 2,886 85% 54.50 572 2,927 86% $6.75 577 2,456 72% 1900-2000 53.95 354 1,517 45% $3.95 564 2,526 74% $3.95 481 2,217 65% $5.75 466 2,011 59% 5625 543 2,039 60% Monday 10111121 Tuesday 10112121 Wednesday 10113121 Thursday 10114/21 Friday 10115121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400 -1500 55.30 403 2,784 82% 65.30 392 2,680 79% $5.30 388 3,059 90°/ 67.70 415 2,953 87% $8.35 507 2,811 83% 1500 -1600 55.65 556 3,002 88% 5475 518 3,035 89% 57.45 546 2,930 86% $7.45 486 2,952 87% 57.90 601 2,930 86% 1600 -1700 $4.35 395 3,072 90% $4.50 382 2,941 87% 56.50 394 3,031 89% $7.00 375 2,761 81% $7.45 454 2,658 78% 1700 -1800 $4.95 400 2,807 83% $4.90 353 2,547 75% 55.40 402 2,855 84% $6.70 374 2,742 81% $6.75 486 2,833 83% 1800 -1900 $5.65 528 2,377 70% $4.05 543 2,878 85% $4.05 547 2,954 87% 54.50 560 2,908 86% $6.75 738 2,832 83% 1900-2000 53.95 398 1,593 47% 53.95 557 2,414 71% $3.95 535 2,386 70% $5.75 589 2,537 75% $6.25 710 2480 73% Monday 10118121 Tuesday 10119121 Wednesday 10120121 Thursday 10/21121 Friday 10122/21 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400 -1500 $5.30 380 2,688 79% $5.30 397 2,683 79% $5.30 408 3,153 93% $7.70 383 2,925 86% 58.35 470 2,794 82% 1500-1600 $5.65 497 2,920 86% $4.75 488 3,053 90% $7.45 522 2,855 84% 67.45 536 3,118 92°/ $7.90 583 3,008 88% 1600-1700 54.35 464 3,269 96°/ $4.50 381 3,252 96% $6.50 213 1,655 49% 57.00 393 2,801 82% $7.45 476 2,791 82% 1700 -1800 $4.95 402 2,707 80% $4.90 327 2,410 71% 55.40 387 2,177 64% $6.70 393 2,745 81% 56.75 431 2,766 81% 1800 -1900 $5.65 591 2,623 77% $4.05 562 2,846 84% $4.05 524 2,771 82% 54.50 590 2,839 84% $6.75 592 2,768 81% 1900 - 2000 $3.95 476 1,757 52% 53.95 567 2,549 75% $3.95 674 2,735 80% 55.75 560 2,514 74% 56.25 625 2,301 68% Monday 10125121 Tuesday 10126121 Wednesday 10127121 Thursday 10128121 Friday 10129121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400 -1500 $5.30 378 2,450 72% $5.30 341 2,563 75% $5.30 370 3,099 91% $7.70 366 2,918 86% 58.35 434 2,906 85% 1500 -1600 $5.65 453 2,489 73% $4.75 479 3,012 89% 57.45 486 2,872 84% 57.45 515 3,049 90°/ $7.90 591 2,952 87% 1600 -1700 $4.35 357 2,819 83% 54.50 409 3,318 98% $6.50 378 2,810 83% $7.80 360 2,879 85% 57.45 388 2,555 75% 1700 -1800 $4.95 335 2,406 71% $4.90 331 2,443 72% 55.40 397 2,812 83% $6.70 453 2,968 87% $6.75 485 2,786 82% 1800 -1900 $5.65 460 2,119 62% $4.05 562 2,824 83% 54.05 497 2,427 71% 54.50 587 2,883 85% $6.75 628 2,873 85% 1900 - 2000 $3.95 310 1,119 33% $3.95 589 2,438 72% $3.95 645 2,775 82°k $5.75 552 2,512 74% $6.25 622 2,370 70% etExpress J Lanes 6 • • • • • • OCTA WESTBOUND PEAK -HOUR VOLUMES Monday 09127121 Tuesday 09128/21 Wednesday 09129121 Thursday 09130121 Friday 10101121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $3.15 382 1,250 37% 0500 - 0600 $4.85 672 2,566 75% 0600 - 0700 $5.10 549 2,583 76% 0700 - 0800 $5.65 444 2,338 69% 0800 - 0900 $5.10 344 2,306 68% 0900 - 1000 $4.20 326 2,189 64% Monday 10104121 Tuesday 10105121 Wednesday 10106121 Thursday 10107121 Friday 10108121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $3.15 466 1,509 44% $3.15 450 1,420 42% $3.15 453 1,477 43% $3.15 465 1,448 43% $3.15 348 1,204 35% 0500-0600 $5.10 705 2,732 80% $5.10 655 2,623 77% $5.10 739 2,765 81% $5.10 718 2,664 78% $4.85 567 2,347 69% 0600 - 0700 $5.30 583 2,698 79% $5.30 581 2,621 77% $5.30 601 2,676 79% $5.30 617 2,708 80% $5.10 518 2,559 75% 0700-0800 $5.80 499 2,585 76% $5.80 508 2,626 77% $5.80 507 2,591 76% $5.80 533 2,603 77% $5.65 402 2,176 64% 0800-0900 $5.30 277 2,495 73% $5.30 286 2,461 72% $5.30 275 2,454 72% $5.30 271 2,487 73% $5.10 261 2,094 62% 0900-1000 $4.20 265 2,169 64% $4.20 247 2,433 72% $4.20 294 2,518 74% $4.20 253 2,225 65% $4.20 244 1,878 55% Monday 10111121 Tuesday 10112121 Wednesday 10113121 Thursday 10114121 Friday 10115121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $3.15 434 1,379 41% $3.15 433 1,454 43% 63.15 487 1,872 55% 93.15 481 1,553 46% 63.15 379 1,273 37% 0500-0600 $5.10 639 2,608 77% $5.10 725 2,701 79% $5.10 753 2,874 85% $5.10 693 2,720 80% $4.85 633 2,469 73% 0600-0700 $5.30 534 2,606 77% $5.30 597 2,613 77% $5.30 605 2,703 80% $5.30 550 2,428 71% $5.10 604 2,596 76% 0700-0800 $5.80 463 2,511 74% 95.80 530 2,668 78% $5.80 510 2,669 79% $5.80 526 2,744 81% $5.65 520 2,385 70% 0800 - 0900 $5.30 269 2,222 65% $5.30 305 2,590 76% $5.30 263 2,406 71% $5.30 271 2,265 67% $5.10 306 2,238 66% 0900-1000 $4.20 346 2,294 67% $4.20 275 2,309 68% $4.20 261 2,331 69°% $4.20 289 2,519 74% $4.20 399 2,256 66% Monday 10118121 Tuesday 10119121 Wednesday 10120121 Thursday 10/21121 Friday 10/22121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $3.15 467 1,520 45% $3.15 485 1,540 45% $3.15 492 1,507 44% 5315 495 1,505 44% $315 401 1,267 37% 0500-0600 $5.10 683 2,720 80% $5.10 699 2,713 80% $5.10 732 2,787 82% $5.10 719 2,743 81% $4.85 612 2,616 77% 0600-0700 $5.30 610 2,670 79% $5.30 580 2,624 77% $5.30 629 2,667 78% $5.30 637 2,568 76% $5.10 548 2,542 75% 0700 - 0800 $5.80 486 2,542 75% $5.80 505 2,610 77% $5.80 515 2,779 82% $5.80 495 2,603 77% $5.65 462 2,389 70% 0800 - 0900 95.30 313 2,499 74% $5.30 269 2,516 74% $5.30 294 2,410 71% $5.30 287 2,251 66% $5.10 263 2,104 62°% 0900-1000 $4.20 348 2,237 66% $4.20 291 2,520 74% $4.20 293 2,368 70% $4.20 269 2,292 67% $4.20 257 1,920 56% Monday 10125121 Tuesday 10126121 Wednesday 10127121 Thursday 10128121 Friday 10129121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400 - 0500 $3.15 405 1,346 40% $3.15 461 1,408 41% $3.15 453 1,418 42% $3.15 476 1,484 44% $3.15 391 1,301 38% 0500-0600 $5.10 620 2,541 75% $5.10 740 2,668 78% $5.10 710 2,725 80% $5.10 743 2,708 80% $4.85 656 2,524 74% 0600-0700 $5.30 579 2,379 70% $5.30 635 2,759 81% $5.30 633 2,737 81% $5.30 640 2,740 81% $5.10 613 2,501 74% 0700-0800 $5.80 405 2,127 63% $5.80 513 2,628 77% $5.80 533 2,678 79% 95.80 540 2,542 75% $5.65 462 2,219 65% 0800-0900 $5.30 211 1,736 51% $5.30 271 2,446 72% $5.30 294 2,408 71% 95.30 282 2,344 69% $5.10 277 2,004 59% 0900-1000 $4.20 230 1,555 46% $4.20 247 2,492 73% $4.20 308 2,418 71% $4.20 250 2,423 71% $4.20 228 1,719 51% ek,Express Lanes 7 OCTA OPERATIONAL HIGHLIGHTS 91 Express Lanes Back -Office System (BOS) Development Update In February, Cofiroute USA, LLC (CUSA) notified OCTA and the Riverside County Transportation Commission (RCTC) of a delay to the implementation of the new BOS for the 91 Express Lanes for both Orange and Riverside counties as a result of the COVID-19 pandemic. CUSA is the current operator of the 91 Express Lanes for both OCTA and RCTC and is the firm selected for the design, development, and implementation of the new BOS, as well as the customer service center operation. To address the potential delay of transitioning to the new operating agreement, in October 2019, an amendment to the existing operating agreement was executed which allowed for six one -month extension periods. In October 2021, OCTA and RCTC (Agencies) provided notice to CUSA that the Agencies will be exercising the fifth of the six one -month extension period, which will commence November 1, 2021 through November 30, 2021. Agencies' staff have been continuing to work with CUSA to meet the amended go -live date of September 29, 2021. Subsequently, the Agencies were informed that the go -live date will be delayed. The Agencies have been working with CUSA to determine when the revised go -live date is expected and will then ask CUSA to provide an approved implementation schedule for go -live. The Agencies intend to exercise the one -month options until the transition to the new contract occurs. 91 Express Lanes Toll Entrance Gantries Infrastructure Project Update OCTA entered into an agreement with the California Department of Transportation (Caltrans) to provide construction and construction management services for the 91 Express Lanes Toll Entrance Gantries Infrastructure Project. This project entails constructing new toll gantries infrastructure at the three entrances of the OCTA 91 Express Lanes. Caltrans advertised and awarded the project in March 2021 and May 2021, respectively. In June, the contract was executed, and the project kickoff meeting was held in July. Pre -construction activities began in August and was followed with construction activities which commenced in September. The project is anticipated to be completed in December 2021. During the construction period, overnight closures and possibly, a few full weekend closures, will occur. Upon completion of the infrastructure project, Kapsch TrafficCom USA, Inc., the toll lanes system integrator for the 91 Express Lanes, will install new Electronic Toll and Traffic Management system equipment onto the new gantries. Roadway Operations and Maintenance Services Contract In December 2020, an agreement was executed with DeAngelo Brothers, LLC (DBI) for roadway operations and maintenance services for the 91 Express Lanes. DBI is Express J Lanes 8 • • • • • • responsible for providing Safety Service Patrol (SSP), which will assist stranded motorists, support incident clearance, and remove debris that presents a safety issue. In addition, DBI coordinates, oversees, and provides routine maintenance and repair activities that are to be performed on the facility, such as landscaping, road lighting inspection and repairs, and the replacement of the channelizers. In addition, they coordinate with Caltrans for any routine and emergency maintenance to be performed on the 91 Express Lanes and any construction activities on the general-purpose lanes that impact the toll lanes. On October 22, 2021, staff was notified that DBI closed the company's operations, effective immediately. Staff is putting interim measures in place, such as utilizing Freeway Service Patrol, to assist stranded motorists and support incident clearance. Staff is evaluating the next steps and will keep the Board of Directors apprised. t,,Express i Lanes 9 FINANCIAL HIGHLIGHTS OCTA 91 Express Lanes O • erating Statement YTD as of : 10/31/2021 YTD Variance Description Actual (1) Budget ltl Dollar $ Percent (%) Operating revenues: Toll Revenue $ 19,438,927.35 $ 13,937,298.00 $ 5,501,629.35 39.5 Fee Revenue 2,250,948.41 869,277.00 1,381,671.41 158.9 Total operating revenues 21,689,875.76 14,806,575.00 6,883,300.76 46.5 Operating expenses: Contracted Services 1,365,203.08 1,278,656.00 (86,547.08) (6.8) Administrative Fee 901,316.00 1,040,584.00 139,268.00 13.4 Other Professional Services (50,855.63) 1,129,154.00 1,180,009.63 104.5 Credit Card Processing Fees 501,661.44 389,620.00 (112,041.44) (28.8) Toll Road Account Servicing 190,314.36 336,700.00 146,385.64 43.5 Other Insurance Expense 153,443.84 83,300.00 (70,143.84) (84.2) Toll Road Maintenance Supply Repairs 260,607.54 682,890.00 422,282.46 61.8 Patrol Services 292,788.61 366,520.00 73,731.39 20.1 Building Equipment Repairs and Maint 130,618.98 256,074.00 125,455.02 49.0 6C Transponders - 18,750.00 18,750.00 100.0 Other Services (5) (781,125.00) 254,800.00 1,035,925.00 406.6 Utilities 25,863.53 26,664.00 800.47 3.0 Office Expense - 28,031.00 28,031.00 100.0 Bad Debt Expense 36,510.06 - (36,510.06) N/A Miscellaneous (2) 12,903.80 35,928.00 23,024.20 64.1 Leases 138,240.13 164,936.00 26,695.87 16.2 Total operating expenses 3,177,490.74 6,092,607.00 2,915,116.26 47.8 Depreciation and Amortization (3) 1,078,760.38 - (1,078,760.38) N/A Operating income (loss)I 17,433,624.64 8,713,968.00 8,719,656.64 100.1 Nonoperating revenues (expenses): Reimbursement from Other Agencies 82,343.90 - 82,343.90 N/A Interest Income 1,036,448.79 573,412.00 463,036.79 80.8 Interest Expense r (1,343,087.40)` (2,022,413.00) 679,325.60 r 33.6 Other 566.20 - 566.20 N/A Total nonoperating revenues(expenses) (223,728.51) (1,449,001.00) 1,225,272.49 84.6 Transfers In - - - N/A Transfers Out (4) (1,267,564.90) (1,546,322.00) 278,757.10 18.0 Net income (loss) $ 16,942,331.23 $ 6,718,646.00 $ 10,223,686.23 178.8 'Actual amounts are accounted for on the accrual basis of accounting in an enterprise fund. Budget amounts are accounted for on a modified accrual basis of accounting. Miscellaneous expenses include: Bond Insurance Costs, Bank Service Charge, Transponder Materials. 'Depreciation and amortization are not budgeted items. °Transfers Out: For M2 Roject I and Project J expense reimbursements. 5 Litigation settlement was accrued, the negative w ill be offset once the litigation payment is issued. etExpress 1 Lanes 10 • • • � OPERATIONS OVERVIEW RCTC TRAFFIC AND REVENUE STATISTICS FOR RCTC Total traffic volume on the 91 Express Lanes for October 2021 was 1,483,098. This represents a daily average of 47,842 vehicles. This is a 34.5 percent increase in total traffic volume from the same period last year, which totaled 1,102,840 and was the eighth month of the COVID-19 stay-at-home order. Potential toll revenue for October was $5,818,847, which represents an increase of 55.3 percent from the prior year's total of $3,746,865. Carpool percentage for October was 20.7 percent as compared to the previous year's rate of 20.2 percent. As compared to October 2019, traffic volume increased by 10.6 percent and revenue decreased by 8.3 percent. Month -to -date traffic and revenue data is summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the RCTC 91 Express Lanes and associated potential revenue for the month of October 2021. Current MTD as of October 31, 2021 • • Trips OCT-21 MTD Actual Stantec MTD Projected # Variance % Variance OCT-20 MTD Actual Yr-to-Yr % Variance OCT-19 MTD Actual Yr21-to-Yr19 % Variance Full Toll Lanes 1,176,616 992,743 183,873 18.5% 879,975 33.7% 1,073,571 9.6% 3+ Lanes 306,482 326,257 (19,775) (6.1 i 222,865 37.5% 267,212 14.7% Total Gross Trips 1,483,098 1,319,000 164,098 12.4% 1,102,840 34.5% 1,340,783 10.6% Revenue Full Toll Lanes $5,779,861 $4,321,957 $1,457,904 33.7% $3,705,484 56.0% $6,320,045 3+ Lanes $38,986 $0 $38,986 ,(z siacz;; 50,Nj R $41,381 (5.8%) $26,718 45.9% Total Gross Revenue $5,818,847 $4,321,957 $1,496,890 34.6% $3,746,865 553% $6,346,763 Average Revenue per Trip Average Full Toll Lanes $4.91 $4.35 $0.56 12.9% $4.21 16.6% $5.89 Average 3+ Lanes $0.13 $0.00 $0.13 jjj/j $0.19 31.6%) $0.10 30.0% Average Gross Revenue $3.92 $3.28 $0.64 19.5% $3.40 15.3% $4.73 (17.1%) tExpress Al Lanes 11 The 2021 fiscal YTD traffic volume increased by 46.4 percent and potential toll revenue increased by 55.8 percent, when compared with the same period last year. YTD average revenue per -trip is $3.64. Fiscal YTD traffic and revenue data are summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the RCTC 91 Express Lanes and associated potential revenue for the months of July 2021 through October 2021. FY 2020-21 YTD as of October 31, 2021 Trips FY 2021-22 YTD Actual Stantec YTD Projected # Variance on, Variance FY 2020-21 YTD Actual Yr-to-Yr Variance Full Toll Lanes 4,620,418 3,839,443 780,975 20.3% 3,158,209 46.3% 3+ Lanes 1,223,707 1,329,143 (105,43L (7.9%) 833,863 46.8% Total Gross Trips 5,844,125 5,168,586 675,539 13.1% 3,992,072 46.4% Revenue Full Toll Lanes $21,120,076 $16,537,257 $4,582,819 27.7% $13,517,570 56.2% 3+Lanes $166,946 $0 $166,946 „„r0 $147,388 13.3% Total Gross Revenue $21,287,023 $16,537,257 $4,749,765 28.7% $13,664,958 55.8% Average Revenue per Trip Average Full Toll Lanes $457 $4.31 $0.26 6.0% $4.28 6.8% Average 3+ Lanes $0.14 $0.00 $0.14 iii/iii/iiii% w, ail $0.18 Average Gross Revenue $3.64 $3.20 $0.44 13.8% $3.42 6.4% 04Express , Lanes 12 • • • • RCTC Traffic and Revenue Summary The chart below reflects the total trips broken down between full toll lanes and HOV3+ lanes for FY 2021-22 on a monthly basis. 2,000,000 1,800,000 1,600,000 1,400,000 1,200,000 31,000,000 0 800,000 600,000 400,000 200,000 0 FY 2021-22 Traffic Volume Overview 328.416 298.188 290.621 306,482 1.155.476 1,149,984 1,138,339 1,176,616 Jul -21 Aug -21 Sep -21 Oct -21 Nov -21 Dec -21 Jan -22 Feb -22 Mar -22 Apr -22 May -22 Jun -22 Month ■Full Toil Lanes •3+ Lanes The chart below reflects the gross potential revenue breakdown between full toll lanes and HOV3+ lanes for FY 2021-22 on a monthly basis. t114, Express Lanes 13 RCTC PEAK -HOUR VOLUMES In October, several toll rates were adjusted. RCTC evaluates traffic volumes for peak period hours and adjusts rates according to the toll rate policy. RCTC EASTBOUND PEAK -HOUR VOLUMES Monday 09127121 Tuesday 09128121 Wednesday 09129121 Thursday 09130121 Friday 10101121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $26.80 215 1,030 1,245 E 1500 - 1600 026.50 258 904 1,162 D 1600 - 1700 $16.30 211 936 1,147 D 1700 - 1800 $8.10 212 963 1,175 D 1800.1900 $5.45 246 935 1,181 D 1900 - 2000 54.25 303 933 1,236 E Monday 10104121 Tuesday 1010921 Wednesday 10106121 Thursday 10107121 Friday 10108121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 $5.45 172 987 1,159 D $7.05 161 1048 1,209 E 59.15 191 1081 1.272 E $12.25 200 1,086 1.286 E $26.80 210 974 1,184 D 1500-1600 $045 233 926 1,159 D $10.50 183 898 1,081 D 513.55 194 964 1,158 D $16.60 236 959 1,195 D 526.50 280 901 1,181 D 1600-1700 57.05 163 859 1,022 D 55.45 174 950 1,124 D 57.05 202 914 1,116 D $8.45 200 993 1,193 D $15.60 284 948 1.232 E 1700-1600 $5.45 170 874 1,044 D $5.45 151 990 1,141 D $5.45 151 916 1,067 D 95.45 184 988 1,172 D $7.40 222 991 1,213 E 1800-1900 $5.45 260 828 1,088 D $5.45 198 873 1,071 D 5545 234 919 1,153 D 5545 202 951 1,153 D $5.45 302 931 1,233 E 1900 - 2000 $2.30 147 534 681 B 54.25 233 900 1,133 D $425 211 784 995 C 55.45 214 782 996 C 5425 272 835 1,107 D Monday 10111121 Tuesday 10112121 Wednesday 10113121 Thursday 10114121 Friday 10115121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. 105 Price HOV SOV Vol. LOS 1400-1500 $5.45 210 1.038 1,248 E $7.05 169 1,001 1,170 D $9.15 185 1,077 1,262 E $12.25 182 1.055 1,237 E 526.80 220 1,081 1,301 F 1500-1600 $8.45 237 925 1,162 D 810.50 223 900 1,123 D $1355 191 933 1,124 D $16.60 201 975 1,176 D $26.50 257 o-:7 1,144 D 1600-1700 $7.05 169 886 1,055 D $5.45 172 869 1,041 0 57.05 191 977 1,168 D $8.45 168 907 1,075 D $1560 235 898 1,133 D 1700-1800 $5.45 193 972 1,165 D $5.45 176 967 1,143 D 5545 174 950 1,124 D $5.45 153 913 1,066 D 07.40 232 953 1,185 D 1800-1900 $5.45 213 B00 1,013 D $5.45 220 893 1,113 D $5.45 231 911 1,142 D $5.45 222 930 1,152 D $5.45 306 930 1,236 E 1900-2000 $230 201 641 842 C 5425 251 863 1,114 D $4.25 229 819 1,048 D $5.45 248 951 1,199 D 54.25 321 932 1,253 E Monday 10118121 Tuesday 10119121 Wednesday 10120121 Thursday 10121121 Friday 10122/21 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $5.45 172 1,039 1,211 E 57.05 166 1,042 1,208 E $9.15 184 1,003 1,187 D $1225 173 1,047 1,220 E 826.80 226 1,103 1,329 F 1500.1600 58.45 220 907 1,127 D $10.50 191 860 1,051 D $1355 205 983 1,188 D 81660 225 875 1,100 D 52650 251 970 1,221 E 1600-1700 57.05 222 915 1,137 D $5.45 201 965 1,166 D $7.05 115 839 954 C $8.45 176 913 1,089 D $15.60 254 1.021 1,275 E 1700-1800 $5.45 186 899 1,085 D 85.45 185 903 1,088 D 05.45 159 854 1,013 D $5.45 155 975 1,130 D $7.40 261 1,034 1,295 E 1800-1900 $5.45 262 862 1,124 D 5545 219 830 1,049 D $5.45 249 981 1,230 E $5.45 206 871 1,077 D $5.45 283 968 1,251 E 1900-2000 $2.30 204 591 795 9 $4.25 236 872 1,108 D $4.25 260 903 1,163 D $5.45 206 929 1,135 D 94.25 333 876 1,209 E Monday 1012921 Tuesday 10126121 Wednesday 10127121 Thursday 10128121 Friday 10129121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 $5.45 176 924 1,100 0 57.05 171 1,003 1,174 D $9.15 182 1,002 1,184 D $12.25 168 1.072 1.240 E $26.80 193 1,013 1,206 E 1500- 1600 5845 180 697 877 C 910.50 198 861 1,059 D 01355 198 922 1,120 D $16.60 222 949 1,171 D $26.50 240 884 1,124 D 1600.1700 57.05 154 733 :-:7 C $5.45 184 990 1,174 D $7.05 166 917 1,083 D 58.45 180 933 1,113 D 01560 222 914 1,136 D 1700-1800 $5.45 148 809 957 C $5.45 197 896 1,093 D $5.45 160 943 1.103 D $5.45 173 967 1,140 D 57.40 265 1,057 1,322 F 1800- 1900 $5.45 223 683 906 C $5.45 248 812 1,060 D $5.45 158 586 744 B $5.45 252 922 1,174 D $5.45 535 989 1.294 E 1900-2000 $230 130 344 474 B $4.25 209 815 1,024 D $4.25 212 773 985 C $5.45 227 903 1,130 D $4.25 279 943 1,222 E et Express AI Lanes 14 • • • • • Eastbound PM Peak - County Line to 15 SB Ontario Monday 09127121 Tuesday 09128121 Wednesday 09129121 Thursday 09130121 Friday 10101121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $5.45 109 752 861 C 1500 -1600 $5.45 123 637 760 B 1600. 1700 $3.00 128 612 740 B 1700.1800 $3.00 91 655 746 B 1800.1900 $3.00 124 626 750 B 1900.2000 $3.00 171 551 722 B Monday 10104121 Tuesday 10105121 Wednesday 10106121 Thursday 10107121 Friday 10108121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400. 1500 $5.45 116 707 823 C $5.45 115 768 883 C $5.45 97 772 869 C 95.45 126 745 871 C $5.45 116 744 860 C 1500. 1600 $5.45 132 694 826 C 8545 122 699 821 C $5.45 107 701 808 C $5.45 106 758 864 C $5.45 133 623 756 B 1600.1700 53.00 84 628 712 B $5.45 98 636 734 B $5.45 108 691 799 B $5.45 97 659 756 B $3.00 129 650 779 B 1700- 1800 53.00 96 627 723 8 53.00 79 675 754 B $3.00 90 620 710 B $3.00 98 619 717 B $3.00 97 612 709 B 1800.1900 93.00 118 589 707 B 53.00 109 677 786 B 5300 134 636 770 B $3.00 97 637 734 B $3.00 118 528 646 B 1900.2000 $3.00 105 389 494 B $3.00 148 687 835 C 53.00 156 618 774 B $3.00 137 577 714 B 53.00 155 506 661 B Monday 10111121 Tuesday 10112121 Wednesday 10113121 Thursday 10114121 Friday 10115121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $5.45 106 716 822 C $5.45 116 694 810 C $5.45 90 772 862 C $5.45 121 752 873 C $5.45 122 717 839 C 1500.1800 $5.45 128 688 816 C $5.45 113 700 813 C $5.45 117 735 852 C $5.45 98 671 769 B $5.45 117 614 731 B 1600.1700 $3.00 76 602 678 B $5.45 75 601 676 B $5.45 119 626 745 B $5.45 92 630 722 B $3.00 148 636 784 B 1700.1800 53.00 83 666 749 B 53.00 79 663 742 B 53.00 119 664 783 B $3.00 97 582 679 B $3.00 125 639 764 B 1800.1900 $3.00 117 575 692 B 8300 127 652 779 B $3.00 136 681 817 C $3.00 115 707 822 C $3.00 199 655 854 C 1900.2000 53.00 122 458 580 8 5300 149 643 792 B $3.00 163 682 845 C $3.00 166 665 831 C $3.00 222 598 820 C Monday 10118121 Tuesday 10118121 Wednesday 10120121 Thursday 10121121 Friday 10022121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $5.45 113 700 813 C $545 103 734 837 C $5.45 106 724 830 C $5.45 110 754 864 C $5.45 117 703 820 C 1500.1600 $5.45 131 664 795 B $5.45 112 692 804 C $5.45 113 761 874 C $5.45 130 713 843 C $5.45 112 616 728 B 1600.1700 $3.00 101 622 723 B 85.45 92 670 762 B $5.45 71 472 543 B $5.45 90 665 755 B $3.00 112 629 741 B 1700.1800 53.00 120 618 738 B $3.00 95 642 737 B 5360 88 587 675 B 83.00 83 573 656 B $3.00 135 644 779 B 1800.1900 $300 139 635 774 8 5300 108 636 744 B 5360 120 648 768 B 53.00 139 679 818 C 53.00 122 593 715 B 1900.2000 $3.00 155 427 582 B $3.00 158 669 827 C 5300 191 777 968 C $3.00 152 748 900 C $3.00 173 573 746 B Monday 10125121 Tuesday 10126121 Wednesday 10127121 Thursday 10128121 Friday 10129121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol LOS Price HOV SOV Vol. LOS Price HOV SOY Vol. LOS Price HOV SOV Vol. LOS 1400- 1500 $5.45 101 627 728 B $5.45 85 742 827 C $5.45 110 765 875 C $5.45 93 783 876 C $5.45 126 764 890 C 1500- 1600 $5.45 110 547 657 B $5.45 141 691 832 C $5.45 96 704 800 B $5.45 132 702 834 C $5.45 120 603 723 B 1600- 1700 5300 90 545 635 8 $5.45 80 631 711 B $5.45 101 565 666 B $5.45 104 642 746 B $3.00 121 551 672 B 1700- 1800 5300 97 588 685 B $3.00 91 627 718 B $3.00 91 656 747 B $3.00 103 602 705 B $3.00 115 616 731 B 1800-1900 53.00 110 548 658 B 53.60 115 645 760 B 53.00 92 434 526 B 53.00 123 670 793 8 $3.00 138 635 773 8 1900.2000 53.00 81 287 368 A 53.00 157 625 782 B $3.00 150 606 756 B $3.00 146 682 828 C $3.00 195 604 799 B &Express Lanes 15 RCTC WESTBOUND PEAK -HOUR VOLUMES Monday 09127121 Tuesday 09128121 Wednesday 09129121 Thursday 09130121 Friday 10101121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400 - 0500 $2.30 175 495 670 B 0500-0600 $7.05 366 1,155 1,521 F 0600 • 0700 $9.10 299 1,081 1,380 F 0700 - 0800 58.05 275 1.258 1,533 F 0800 - 0900 $4.25 174 1,285 1,459 F 0900 - 1000 $4.25 156 929 1,085 D Monday 10104121 Tuesday 10105121 Wednesday 10106121 Thursday 10107121 Friday 10108121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS 0400-0500 $2.30 190 518 708 B $2.30 180 541 721 B $2.30 193 512 705 B $2.30 220 478 698 B $2.30 169 518 687 13 0500-0600 511.20 384 1,202 1,586 F 511.20 340 1192 1,532 F $11.20 384 1150 1,534 F $9.45 399 1,157 1,556 F $5.45 294 1,063 1,357 F 0600-0700 $17.30 314 1,081 1,395 F $18.30 296 1121 1,417 F $18.30 356 1102 1,458 F 517.30 335 1,116 1,451 F $10.45 244 1,115 1.359 F 0700-0800 51430 267 1.357 1,624 F 514.30 283 1346 1,629 F $14.30 360 1283 1,643 F $13.30 338 1,279 1.617 F $9.40 239 1,213 1,452 F 0800-0900 59.40 177 1,447 1,624 F 510.40 157 1401 1,558 F 510.40 168 1465 1,633 F $9.40 196 1,441 1,637 F $5.45 144 1,158 1,302 E 0900.1000 55.45 159 1,093 1,252 E $7.05 131 1254 1,385 F 57.05 146 1277 1,423 0 57.05 142 1,032 1,174 D 5425 131 790 921 C Monday 10111121 Tuesday 10112121 Wednesday 10113121 Thursday 10114121 Friday 10115121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS NCO HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400 - 0500 52.30 206 482 6x. B $2.30 208 478 686 B $2.30 195 585 780 B 5230 201 558 759 B $2.30 194 490 684 8 0500-0600 511.20 326 1,126 1,452 F 511.20 368 1,188 1,556 F 511.20 374 1,204 1,578 F 59.45 369 1,168 1,537 F 85.45 344 1,187 1,531 F 0600-0700 517.30 293 1,025 1,318 E 51030 297 995 1,292 E 518.30 292 1,130 1.422 F 517.30 296 1,007 1,303 E 51045 301 1,144 1,445 F 0700.0800 51430 319 1,348 1,667 F 51430 383 1,390 1,770 F 514.30 313 1,366 1,679 F 513.33 350 1,328 1,678 F 59.40 278 1,288 1.566 F 0800-0900 59.40 198 1,263 1,461 F 510.40 207 1,503 1,710 F 51040 182 1,431 1,613 F 59.40 183 1,233 1,416 F $5.45 154 1,261 1,415 F 0900-1000 $5.45 213 1,053 1,266 E $7.05 131 1,071 1,202 E $7.05 151 1,221 1,372 F $7.05 163 1,256 1,419 F $4.25 186 942 1.128 D Monday 10118121 Tuesday 10119121 Wednesday 10120121 Thursday 10121121 Friday 10122121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 52.30 207 546 753 B 52.30 213 599 812 C $2.30 217 530 747 B $230 234 505 739 B 52.30 168 510 678 B 0500-0600 $11.20 373 1,183 1,553 F 511.20 328 1,210 1,538 F 511.20 355 1,198 1,553 F 59.45 384 1,193 1,577 F $5.45 296 1,293 1,589 F 0600.0700 $17.30 326 1,055 1,381 F 518.30 293 1,081 1,374 F $18.30 332 1,168 1,500 F 517.30 344 1,059 1,403 F 510.45 273 1.120 1,393 F 0700.0800 $14.30 334 1,329 1,663 F 51430 298 1,319 1,617 F 514.33 311 1,347 1,658 F 513.30 326 1,327 1,653 F $9.40 273 1,403 1,676 F 0800 - 0900 59.40 213 1,437 1,650 F 510.40 162 1,477 1,639 F 510.40 150 1,553 1,703 F 59.40 203 1.381 1,584 F $5.45 129 1,161 1,293 E 0900-1000 55.45 174 1,054 1,228 E 57.05 163 1,154 1,317 E 57.05 153 1,088 1,241 E $7.05 150 986 1,136 D $4.25 136 778 914 C Monday 10125121 Tuesday 10126121 Wednesday 10127121 Thursday 10128121 Friday 10129121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400 -0500 52.30 184 463 647 B 52.30 215 4:c 703 B 5230 217 491 708 B $2.30 218 561 779 B 52.30 165 561 726 B 0500.0600 511.20 351 1,133 1,484 F $11.20 416 1,185 1,601 F 511.20 397 1,192 1,589 F $9.45 360 1,153 1,513 F $5.45 350 1,249 1,599 F 0600.0700 $17.30 286 913 1,199 D 51030 342 1,073 1,415 F 518.30 333 1,077 1,410 F 517.30 316 1,119 1,435 F 510.45 304 1,076 1,380 F 0700.0800 $1430 266 1,070 1,336 E 51430 341 1,388 1,729 0 514.30 341 1,358 1,699 F 513.30 358 1,302 1,660 F 59.40 313 1,173 1,486 F 0800-0900 59.40 165 970 1,135 D 510.40 199 1,311 1,510 F 510.40 220 1,406 1,626 F 59.40 178 1,339 1,517 F 55.45 160 969 1,129 0 0900-1000 55.45 128 730 858 C 57.05 141 1,266 1,407 F $7.05 174 1,148 1,322 E $7.05 140 1,128 1.268 E $4.25 109 812 921 C Express 1 Lanes i6 • • • • • Westbound AM Peak -1-15 North to County Line Monday 09127121 Tuesday 09128121 Wednesday 09129121 Thursday 09130121 Friday 10101121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400 - 0500 $2.00 131 430 561 B 0500 - 0600 $5.45 213 954 1,167 0 0600.0700 95.45 218 1,199 1,417 F 0700-0800 55.45 155 1,096 1,251 E 0800.0900 03.00 132 920 1,062 D 0900.1000 $3.00 113 733 846 C Monday 10104121 Tuesday 10105121 Wednesday 10106121 Thursday 10107/21 Friday 10/08121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 $3.00 173 476 649 B $3.00 127 500 627 B 9300 147 473 620 B $3.00 148 477 625 B $3.00 81 436 517 B 0500.0600 97.00 243 1,036 1,279 E $7.00 172 1080 1,252 E $7.00 263 1100 1,363 E $7.00 237 1,070 1,307 E $5.45 140 920 1,060 D 0600.0700 $9.00 254 1,313 1,567 F 99.00 223 1407 1,630 F $9.00 343 1266 1,609 F 99.00 283 1,290 1,573 F $7.00 209 1,205 1,414 F 0700.0800 $9.00 199 1,342 1,541 F 99.00 169 1288 1,457 F $9.00 223 1307 1,530 F 99.00 222 1,285 1,507 F 97.00 125 991 1,116 D 0800.0900 97.00 101 1,123 1,224 E 97.00 125 1248 1,373 E $7.00 108 1179 1,287 E 97.00 122 1,157 1,279 E 95.45 105 900 1,005 D 0900.1000 95.45 81 817 898 C 95.45 105 982 1,087 D 95.45 99 938 1,037 D 95.45 98 851 949 C 53.00 87 723 810 C Monday 10111121 Tuesday 10112121 Wednesday 10113121 Thursday 10114121 Friday 10115121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 $3.00 153 442 595 B 93.00 147 485 632 B $3.00 124 539 663 B 93.00 145 487 632 B $3.00 114 450 564 B 0500.0600 $7.00 233 1,051 1,284 E 97.00 254 1,082 1,336 E 57.00 268 1,160 1,428 F $7.00 240 1,135 1,375 E 95.45 189 988 1,177 D 0600.0700 $9.00 248 1,309 1,557 F 99.00 283 1,253 1,536 F 99.00 252 1,261 1,513 F $9.00 241 1,093 1,334 E 57.00 232 1,206 1,438 F 0700.0800 99.00 178 1,166 1,344 E 99.00 205 1,193 1,398 E 99.00 190 1,320 1,510 F 99.00 208 1,370 1,578 F $7.00 164 995 1,159 D 0800.0900 97.00 114 936 1,050 D 97.00 108 1,324 1,432 F 97.00 102 1,171 1,273 E $7.00 118 1,136 1,254 E 95.45 101 873 974 C 0900.1000 $5.45 101 775 876 C $5.45 89 889 978 C $5.45 92 780 872 C $5.45 118 880 998 C $3.00 149 718 867 C Monday 10118121 Tuesday 19119121 Wednesday 10120121 Thursday 10121121 Friday 10/22121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 93.00 170 503 673 B $3.00 131 518 649 B 93.00 171 502 673 B $300 166 486 652 B $3.00 130 424 554 B 0500.0600 97.00 251 1,068 1,319 E 57.00 197 1,137 1,334 E 97.00 240 1,156 1,396 E 97.00 246 1,113 1,359 E 55.45 164 1,067 1,231 E 0600.0700 $9.03 269 1,341 1,610 F $9.00 246 1,290 1,536 F 99.00 236 1,260 1,496 F $9.00 295 1,182 1,477 F 57.00 218 1,190 1,408 F 0700.0800 99.00 197 1,194 1,391 E $9.00 188 1,372 1,560 F $9.00 171 1,370 1,541 F $9.00 202 1,290 1,492 F $7.00 112 1,007 1,119 D 0800.0900 97.00 144 1,064 1,208 E 97.00 119 1,216 1,335 E $7.00 86 1,152 1,238 E $7.00 130 1,033 1,163 D $5.45 93 884 977 C 0900.1000 $5.45 123 746 869 C $5.45 122 992 1,114 D $5.45 118 975 1,093 D 95.45 128 919 1,047 D $3.00 100 730 830 C Monday 10125121 Tuesday 10126121 Wednesday 10127121 Thursday 10128121 Friday 10129121 AM Time Price NOV SOV Vol. LOS Price HOV 50V Vol. LOS Price HOV SOV Vol. L05 Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 $3.00 148 464 612 B $3.00 160 477 637 B 93.00 162 450 612 B 9300 152 516 668 B $3.00 94 451 545 B 0500-0600 $7.00 228 998 1,226 E 97.00 242 1,047 1,289 E $7.00 256 1,130 1,386 E $7.00 223 1,118 1,341 E 95.45 184 969 1,153 D 0800-0700 59.00 244 1,201 1,445 F 99.00 278 1,387 1,665 F $9.00 282 1,296 1,578 F $9.00 287 1,425 1,712 F 97.00 248 1,122 1,370 E 0700.0800 59.00 172 1,052 1,224 E 99.00 216 1,240 1,456 F $9.00 209 1,257 1,466 F $9.00 209 1,180 1,389 E $7.00 164 1,002 1,166 0 0800-0900 97.00 111 810 921 C 97.00 101 1,273 1,374 E $7.00 123 1,080 1,203 E 97.00 114 1,022 1,136 D 95.45 132 983 1,115 D 0900.1000 95.45 93 634 727 B 55.45 91 911 1,002 D $5.45 136 980 1,116 D 95.45 109 1,012 1,121 D 93.00 104 758 862 C &Express Lanes 17 RCTC OPERATIONAL HIGHLIGHTS On -Road Operations RCTC Freeway Service Patrol responded to 85 calls during the month of October. Of those calls, 58 were to assist disabled vehicles, 3 calls to remove debris, and 24 were in response to accidents in the Express Lanes. 91 Express Lanes BOS Development Update In February, CUSA notified OCTA and the RCTC of a delay to the implementation of the new BOS for the 91 Express Lanes for both Orange and Riverside counties as a result of the COVID-19 pandemic. CUSA is the current operator of the 91 Express Lanes for both OCTA and RCTC and is the firm selected for the design, development, and implementation of the new BOS, as well as the customer service center operation. To address the potential delay of transitioning to the new operating agreement, in October 2019, an amendment to the existing operating agreement was executed which allowed for six one -month extension periods. In October 2021, the Agencies provided notice to CUSA that the Agencies will be exercising the fifth of the six one -month extension period, which will commence November 1, 2021 through November 30, 2021. Agencies' staff have been continuing to work with CUSA to meet the amended go -live date of September 29, 2021. Subsequently, the Agencies were informed that the go -live date will be delayed. The Agencies have been working with CUSA to determine when the revised go -live date is expected and will then ask CUSA to provide an approved implementation schedule for go -live. The Agencies intend to exercise the one -month options until the transition to the new contract occurs. Express Lanes i8 • • • FINANCIAL HIGHLIGHTS RCTC RCTC 91 Express Lanes Operating Statement YTD as of : 10/31/2021 YTD Variance Description Actual' Budget Dollar $ Percent (%) Operating revenues: Toll Revenue $ 18,644,139.36 $ 11,945,000.00 $ 6,699,139.36 56.1 Fee Revenue 2,374,358.12 1,905,633.33 468,724.79 24.6 Total operating revenues 21,018,497.48 13,850,633.33 7,167,864.15 51.8 Operating expenses: Salaries and Benefits 153,564.88 284,266.67 130,701.79 46.0 Legal Services 13,533.72 68,333.33 54,799.61 80.2 Advisory Services 17,773.39 1,666.67 (16,106.72) (966.4) Audit and Accounting Fees 20,000.00 12,000.00 (8,000.00) (66.7) Service Fees - 6,233.33 6,233.33 100.0 Other Professional Services 150,831.47 419,833.33 269,001.86 64.1 Lease Expense 65,535.27 106,366.67 40,831.40 38.4 Operations 607,108.67 1,205,933.33 598,824.66 49.7 Utilities 4,946.87 21,700.00 16,753.13 77.2 Supplies and Materials 206.14 11,166.67 10,960.53 98.2 Membership and Subscription Fees 7,186.50 10,000.00 2,813.50 28.1 Office Equipment & Furniture (Non -Capital) - 26,666.67 26,666.67 100.0 Maintenance/Repairs 66,755.87 102,866.67 36,110.80 35.1 Training Seminars and Conferences 1,690.10 533.33 (1,156.77) (216.9) Transportation Expenses - 833.33 833.33 100.0 Lodging - 433.33 433.33 100.0 Meals - 1,000.00 1,000.00 100.0 Other Staff Expenses 30.00 100.00 70.00 70.0 Advertising - 71,666.67 71,666.67 100.0 Program Management 9,532.57 27,700.00 18,167.43 65.6 Program Operations 2,073,186.55 2,791,400.00 718,213.45 25.7 Litigation Settlement 687.06 - (687.06) N/A Furniture & Equipment - 25,000.00 25,000.00 100.0 Improvements 24,997.50 18,333.33 (6,664.17) (36.4) Bad Debt Expense 36,627.70 - (36,627.70) N/A Total operating expenses 3,254,194.26 5,214,033.33 1,959,839.07 37.6 Operating income (loss) 17,764,303.22 8,636,600.00 9,127,703.22 105.7 Nonoperating revenues (expenses): Interest Revenue 39,334.80 49,833.33 (10,498.53) 21.1 Other Miscellaneous Revenue 14.61 - 14.61 N/A Loss on Refunding (6,733,662.41) - (6,733,662.41) N/A Principal Expense - - - N/A Interest Expense (9,476,129.92) (3,013,633.33) (6,462,496.59) 214.4 Total nonoperating revenues (expenses) (16,170,442.92) (2,963,800.00) (13,206,642.92) (445.6) Transfers In - - - N/A Transfers Out - (358,233.33) 358,233.33 (100.0) Net income (loss) $ 1,593,860.30 $ 5,314,566.67 $ (3,720,706.37) (70.0) Unaudited • Express J Lanes 19 JOINT AGENCY TRIP AND REVENUE STATISTICS MULTI AGENCY TRIP AND REVENUE STATISTICS MONTH ENDING October 31, 2021 MTD Transactions by Agency Transactions Using Both Segments % Using Both Segments Revenue Westbound OCTA 876,403 484,600 55% $2,422,850 RCTC 810,786 484,600 60% $3,357,273 1-15 349,302 273,212 78% $1,301,127 McKinley 461,484 211,388 46% $2,056,146 Eastbound OCTA 847,996 525,073 62% $2,901,621 RCTC 672,312 525,073 78% $2,461,574 1-15 260,878 207,149 79% $666,138 McKinley 411,434 317,924 77% $1,795,435 JOINT AGENCY TRAFFIC STATISTICS 1,000,000 900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 Joint Agency Traffic Statistics 60% OCTA RCTC 78% OCTA RCTC Westbound Eastbound • OCTA Transactions ■ RCTC Transactions • % of OCTA Transactions Using Both Segments - % of RCTC Transactions Using Both Segments Express A Lanes 20 • • JOINT AGENCY PERFORMANCE MEASURES Reporting Period REPORTING REQUIREMENT CUSTOMER SERVICE Call Wait Tirre Abandon Rate Customer Satisfaction VIOLATION PROCESSING Response Time CUSA Violation Collection Rate CUSA Violation Collection Rate TRAFFIC OPERATIONS Initial & Secondary Review s * Rate Misread Errors ACCOUNTING OCTA Exceptions RCTC Exceptions INFORMATION TECHNOLOGY Back -office System Uptime MortNy 99% Availability Netw ork Uptirre MortNy 99% Availability PERFORMANCE STANDARD Mort Ny Not to exceed 2 rrinutes MortNy No rrore than 4.0% Monthly At least 75 outbound calls MortNy Within 2 business days of receipt Qartely 70% or more ArnuAly : 74% or more Monthly Equal to or less than 15 days MortNy Equal to or less than 0.4% MortNy No rrore than 3 MortNy No more than 3 Oct -21 Performance 1:46 2.2% 77 1.1 2.3 0.02% 100% 100% CUSA = Cofiroute USA, CAS = OCTA Customer Assistance Specialists * Plate M isread Error performance is current after a 60 -day hold -back period; therefore, percentage reported here is for two months priorto the month of this report. JOINT AGENCY TRANSPONDER DISTRIBUTION T21 TRANSPONDER DISTRIBUTION October -21 September -21 Tags { % of Total Tags % of Total FY 2021-22 Ave ra. a To -Date Issued To New Accounts Additional Tags to Existing Accounts Replacement Transponders Total lssued Returned Account Closures Accounts Downsizing Defective Transponders Total Returned 2 3.4% 55 93.2% 2 3.4% 59 2 0.3% 786 99.5% 2 0.3% 790 8 0.8% 936 95.3% 38 3.9% 982 6C TRANSPONDER DISTRIBUTION October -21 September -21 FY2021-22 Tags % of Total Tags . % of Total Average To -Date Issued To New Accounts Additional Tags to Existing Accounts Replacement Transponders Total Issued 3,495 45.1% 4,245 54.8% 5 0.1% 7,745 Returned Account Closures Accounts Downsizing Defective Transponders Total Returned 12,870 6,296 r 36 19,202 67.0% 32.8% 0.2% 11,099 2,785 18 13,902 79.8% 20.0% 0.1% eitExpress Lanes 21 At the end of October 2021, the 91 Express Lanes had 158,631 active customer accounts and 617,083 transponders classified as assigned. 180,000 160,000 140,000 - Number of Accounts by FY As of October 31, 2021 120,000 114,138 112,584 112,473 112,929 113,672 116,813 119,782 100,000 80,000 60,000 40,000 20,000 154,469 158,631 yp y, .yL y� yb yh 4° Qf O� Off O� ci> O, O,� O, O� O,‘6 O� O� 01'1 ti ti ti ti ti ti . ti ti ti ti 1 ti Fiscal Year Incoming Email Activity During October, the Anaheim Processing Center received 3,361 emails. (91,°:Express Lanes 22 • • ATTACHMENT G • • • Orange County Transportation Authority OCTA Riverside County Transportation Commission &Express I Lanes Status Report November 2021 As of November 30, 2021 • • • Table of Contents Operations Overview OCTA 3 Traffic and Revenue Statistics for OCTA 3 OCTA Traffic and Revenue Summary 5 OCTA Eastbound Peak -Hour Volumes 6 OCTA Westbound Peak -Hour Volumes 7 OCTA Operational Highlights 8 Financial Highlights OCTA 9 Operations Overview RCTC 10 Traffic and Revenue Statistics for RCTC 10 RCTC Traffic and Revenue Summary 12 RCTC Peak -Hour Volumes 13 RCTC Eastbound Peak -Hour Volumes 13 RCTC Westbound Peak -Hour Volumes 15 RCTC Operational Highlights 17 Financial Highlights RCTC 18 Joint Agency Trip and Revenue Statistics 19 Joint Agency Traffic Statistics 19 Joint Agency Performance Measures 20 Joint Agency Transponder Distribution 20 Incoming Email Activity 21 etExpress J Lanes 2 � OPERATIONS OVERVIEW OCTA TRAFFIC AND REVENUE STATISTICS FOR OCTA Total traffic volume on the 91 Express Lanes for November 2021 was 1,668,735. This represents a daily average of 55,625 vehicles. This is a 47.5 percent increase in total traffic volume from the same period last year, which totaled 1,131,383 and was the ninth month of the State of California's stay-at-home orders due to the coronavirus (COVID-19) pandemic. Potential toll revenue for November was $5,125,256, which represents an increase of 40 percent from the prior year's total of $3,662,099. Carpool percentage for November was 23.4 percent as compared to the previous year's rate of 22.2 percent. As compared to November 2019, traffic volume increased by 16.3 percent and revenue increased by 16.9 percent. Month -to -date (MTD) traffic and revenue data is summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the Orange County Transportation Authority (OCTA) 91 Express Lanes and associated potential revenue for the month of November 2021. • • Current MTD as of November 30, 2021 Trips Nov -21 MTD Actual Nov -20 MTD Actual Yr 21-to-Yr 20 % Variance Nov -19 MTD Actual Yr 21-to-Yr 19 % Variance Full Toll Lanes 1,277,655 880,050 45.2% 1,066,864 19.8% 3+Lanes 391,080 251,333 55.6% 368,156 6.2% Total Gross Trips 1,668,735 1,131,383 47.5% 1,435,020 16.3% Revenue Full Toll Lanes $5,079,291 $3,619,797 40.3% $4,328,417 17.3% 3+ Lanes $45,965 $42,301 8.7% $56,691 (18.9%) Total Gross Revenue $5,125,256 $3,662,099 40.0% $4,385,107 16.9% Average Revenue per Trip Average Full Toll Lanes $3.98 $4.11 $4.06 ., Average 3+ Lanes $0.12 $0.17 (29.4%) $0.15 (20.0%) Average Gross Revenue $3.07 $3.24 (5 2%) $3.06 0.3% tile4Express Al Lanes 3 The 2021 fiscal year-to-date (YTD) traffic volume increased by 44.9 percent and potential toll revenue increased by 37.7 percent, when compared with the same period last year. YTD average revenue per trip is $3.09. Fiscal YTD traffic and revenue data are summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the OCTA 91 Express Lanes and associated potential revenue for the months of July 2021 through November 2021. Fiscal Year (FY) 2020-21 YTD as of November 30, 2021 Trips FY 2021-22 YTD Actual FY 2020-21 YTD Actual Yr-to-Yr Variance Full Toll Lanes 6,577,643 4,579,381 43.6% 3+Lanes 1,933,668 1,295,123 49.3% Total Gross Trips 8,511,311 5,874,504 44.9% Revenue Full Toll Lanes $26,010,967 $18,810,115 38.3% 3+ Lanes $246,838 $252,883 (2.4%) Total Gross Revenue $26,257,804 $19,062,998 37.7% Average Revenue per Trip Average Full Toll Lanes $3.95 $4.11 Average 3+ Lanes $0.13 $0.20 (35.0%) Average Gross Revenue $3.09 $3.25 (4.9%) • Express / Lanes 4 • • • • • • OCTA Traffic and Revenue Summary The chart below reflects the total trips breakdown between full toll trips and high -occupancy vehicle (HOV3+) trips for FY 2021-22 on a monthly basis. The chart below reflects the gross potential revenue breakdown between full toll trips and HOV3+ trips for FY 2021-22 on a monthly basis. etExpress A Lanes 5 OCTA EASTBOUND PEAK -HOUR VOLUMES Peak -hour traffic in the eastbound and westbound direction reached or exceeded 90 percent of defined capacity 15 times during the month of November 2021. As demonstrated on the next chart, westbound peak -hour traffic volumes top out at 90 percent of defined capacity. Monday 11101121 Tuesday 11102121 Wednesday 11103121 Thursday 11104121 Friday 11105121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400- 1500 $5.30 415 2,823 83% 55.30 362 2,645 78% 55.30 400 3,019 89% $7.70 381 2,829 83% 58.35 499 2,912 86% 1500- 1600 $5.65 509 2,945 87% $4.75 493 2,960 87% $7.45 526 2,790 82% $7.45 566 3,091 91% $7.90 581 2,922 86% 1600- 1700 $4.35 427 3,155 93% $4.50 400 3,232 95% $6.50 343 2,766 81% $7.00 381 2,894 85% $7.45 404 2,558 75% 1700-1800 $4.95 395 2,707 80% $4.90 346 2,466 73% $5.40 448 2,927 86% 56.70 419 2,826 83% $6.75 489 2,815 83% 1800 - 1900 55.65 637 2,702 79% $4.05 576 2,910 86% $4.05 575 2,895 85% 54.50 553 2,841 84% 56.75 616 2,829 83% 1900-2000 $3.95 457 1,656 49% $3.95 538 2,520 74% $3.95 582 2,496 73% $5.75 649 2,793 82% 56.25 656 2,535 75% Monday 11108121 Tuesday 11109121 Wednesday 11110121 Thursday 11111121 Friday 11112121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 $5.30 385 2,668 78% $5.30 369 2,876 85% $5.30 408 3,078 91% $7.70 537 2,827 83% $8.35 487 2,768 81% 1500- 1600 $5.65 477 2,848 84% 64.75 495 3,061 90% 57.45 540 2,966 87% 67.45 649 3,059 90% $7.90 583 2,907 86% 1600- 1700 $4.35 471 3,294 97% 64.50 469 3,241 95% 56.50 354 2,696 79% $7.00 460 2,701 79% 57.45 446 2,658 78% 1700- 1800 $4.95 416 2,780 82% 54.90 407 2,626 77% 95.40 455 2,749 81% 56.70 541 2,629 77% $6.75 529 2,730 80% 1800- 1900 55.65 595 2,770 81% $4.05 641 2,917 86% 54.05 539 2,789 82% $4.50 634 2,396 70% 56.75 560 2,590 76% 1900-2000 $3.95 488 1,956 58% $3.95 498 2,161 64% $3.95 621 2,738 81% $5.75 622 1,899 56% $6.25 537 2,144 63% Monday 11115121 Tuesday 11116121 Wednesday 11117121 Thursday 11118121 Friday 11119121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400- 1500 $5.30 381 2,804 82% $5.30 394 2,740 81% $5.30 405 3,017 89% $7.70 381 2,948 87% 58.35 479 2,935 86% 1500- 1600 $5.65 461 2,851 84% $4.75 504 3,012 89% $7.45 486 2,795 82/ $7.45 565 3,198 94% 57.90 583 2,945 87% 1600- 1700 $4.35 434 2,867 84% 64.50 445 3,221 95% $6.50 397 2,885 85% 57.00 384 2,932 86% 57.45 407 2,632 77% 1700- 1800 $4.95 438 2,677 79% $4.90 416 2,512 74% $5.40 429 2,663 78% $6.70 454 2,734 80% $6.75 494 2,747 81% 1800 - 1900 $5.65 586 2,695 79% $4.05 633 3,040 89% $4.05 564 2,659 78% $4.50 639 2,960 87% 56.75 655 2,708 80% 1900-2000 $3.95 575 2,442 72/0 $3.95 596 2,705 80% $3.95 655 2,836 83% $5.75 610 2,691 79% $6.25 719 2,664 78% Monday 11122121 Tuesday 11123121 Wednesday 11124121 Thursday 11125121 Friday 11126121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400- 1500 $5.30 483 2,849 84% $5.30 516 2,857 84% 57.65 516 2,593 76% $5.45 805 2,125 63% 55.10 578 1,878 55% 1500- 1600 $5.65 527 2,884 85% $4.75 527 2,915 86% $8.75 526 2,631 77% $5.10 852 2,183 64% $5.10 505 1,663 49% 1600- 1700 $4.35 459 3,063 90% 64.50 499 3,138 92% $8.75 563 2,691 79% $5.10 815 1,960 58% $5.10 462 1,517 45% 1700- 1800 $4.95 383 2,462 72% 54.90 414 2,361 69% $8.75 562 2,618 77% $5.10 686 1,670 49% 55.10 490 1,495 44% 1800- 1900 $5.65 622 2,650 78% $4.05 627 2,799 82% $6.20 570 2,064 61% 55.45 765 1,712 50% 55.10 463 1,291 38% 1900-2000 $3.95 639 2,305 68% 53.95 740 2,761 81% $5.90 629 2,026 60% 55.45 741 1,646 48% $5.10 437 1,056 31% Monday 11129121 Tuesday 11130121 Wednesday 12101121 Thursday 12/02121 Friday 12103121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400 - 1500 $5.30 389 2,803 82% $5.30 360 2,744 81% 1500- 1600 $5.65 498 2,948 87% $4.75 498 2,924 86% 1600- 1700 $4.35 475 3,167 93% 64.50 403 3,132 92% 1700 - 1800 $4.95 453 2,723 80% $4.90 414 2,473 73% 1800- 1900 $5.65 624 2,821 83% $4.05 597 2,900 85% 1900-2000 $3.95 447 1,848 54% $3.95 670 2,668 78% Express J Lanes 6 • • • • • • 113nday ''C"2' Tuescay '.132.'2' }'lednssday :33'2' Thursday ':04'2' Fr cay '105121 All Time Price HOV Vol Cap Pnce HOV Vol. Cap. Price 14011 Vol. Cap Price 14011 Vol Cap Pnce 14011 Vol Cap, 0400-0300 53'5 434 • 35 4'= 53'5 4'3 1 403 444e 1315 532 1 533 44': 13'5 %6. ' 54 46% 8315 418 1330 41% 0600-0630 5510 696 2660 78% 1510 727 2805 8374 5510 737 2798 82% 851•: 696 2626 77% 5485 661 2554 75% :' :•: - 0700 55 30 623 2660 78% $5 30 602 2636 77% $5 30 618 2635 78% 55 30 608 2576 76% 55 10 547 2,440 72% :::-88)O 55 80 512 2,500 74% 8580 531 2,751 81% $580 561 2 701 79% S5 80 522 2585 76% 55 65 512 2326 68% MOO- 0903 5533 305 2225 65% *530 293 2480 73% 5530 313 2526 74% 5530 293 2435 72% 5510 275 2203 656% 7970- 1000 54 20 336 2161 61% 84 20 254 : 4 67% 54 20 266 2.463 - - 5420 337 2284 67% 84 20 214 1418 42% Ile^day 10:2' Tuesday ':O2r2' 'Vied nesday ."03' Thursday • "2' Fr day 1 2.'2' Al,' T ire Pna 44011 Vol Cap Pnce HOV Vol. Cap Price NOV Vol. Cap. Price HOV Vol Cap Price HOY Vol Cap. :42. :5 : 0500- 0630 ._ : 15 10 4' 659 "- 2450 44': 72% -. : 55 10 ;: 749 - ':7's 2829 4s, 83% 13': 5510 4-5 734 .-- 2858 53:3 84% 53 - S5 10 ZS 521 >:_ :::3 2il3 60% 03 '3 54 85 '- 615 2,484 ,..47', 73% 0600-0700 $5 D 633 2841 81% 55 30 648 2698 79?1 $530 598 2701 80% 5530 394 1 864 55% 55 10 550 2238 65% 0700-0800 5530 532 2,345 637% V80 554 2539 75% 1580 522 2653 78% $580 337 1555 46% 5565 467 2236 66% MOO- 0930 55 D 341 2652 78% 55 30 327 2481 7306 5530 320 2, 523 74% 55 30 357 1790 53% 55 10 298 1,930 57% 0900- 1000 5431 293 2,322 684e 54 2: 277 2432 72% 5420 316 2545 75% 5420 330 2143 63% 54 30 371 1-939 57% Ksnday 1,^5'21 Tuesday 11116`2' Wednesday 1R'7'3' Thursday '1'18'21 Fr day '1'1&21 A11 Time Pnce HOY Vol Cap Price HOV Vol Cap Pnce HOY Vot Gap_ Price 140V Vol Cap Price 13011 Vol C. 0100-0500 5_ ': _• :. 4.1.1., >_ _ :_- 14'. -_ '1 -; 555 49% $315 =' -: 5 * 13 '1 43 _- _ 0500- 0600 85 17 701 2826 8's% 55.10 764 3058 90% 1510 733 2 866 84% $5 SO 746 2899 85% 8485 599 2659 78% 0600-0700 5530 580 2439 72% 1530 595 2720 80% 5530 650 27631 81% 3530 649 2753 81% 5510 561 2453 72% 0700- 0800 $5 80 555 2599 76% S6 80 533 2.551 75% 1580 533 2760 81% 55 80 528 2553 75% 3565 454 2260 66% 0603- 0900 $5 30 325 2 528 74% 15 30 349 2 786 82% 5530 341 2.258 68% 3530 305 2340 69% 15 10 256 1,805 53% xe 3 - 1000 $4 30 302 2361 5901 14 20 191 1 501 44% 34 20 288 2 3-1 '0% S4 2: 280 2441 72% S4 53 251 1841 5448 Monday 11122/21 Tuenc3y "'232' ednesday ••.'2321 Thursday 112521 Frday '':2@:Y AM Time Pros HOV Vol Cap. Pnce HOV Vol Cap Pnce HOY Vol Cap- Pnce HOY Vol Cap Pna HOV Vol_ Cap. 7100-0530 5315 452 1560 46% 1315 451 1499 4-4% 1315 409 1,313 39% 5475 53 113 3% 5175 60 172 9% 7500-0600 1510 695 2788 82% 5510 682 264 7916 5530 609 2306 70% 5175 6 181 5% 5175 102 24 12% 0600- 0700 $5 33 445 2569 15% 16 33 488 2,449 7206 5545 453 2133 63% 5175 61 195 6% 52 63 109 496 15% 0700- 0900 $580 419 2342 8916 $ 80 394 2 156 63!2 5590 362 1,955 58% 5175 104 336 10% 13 15 142 570 17% WO- 0900 $5 D 372 2268 5-46 55 30 359 2 129 63% 1590 354 1,768 5246 5175 166 513 45% 53 15 200 771 23% 0900- 1030 54 30 430 2394 -: 54 20 459 2532 74!6 $545 347 1.68: 4906 5263 292 816 24% S3 95 322 1 118 33% Ltd nday ''2917 Tuesday 1'736!21 Wednesday '2'0121 Thu rid ay 12102121 Friday 1210312' AM T. n -o plias 140V Vol Cap. Price 44011 Vol Cap. Price HOV Vol Cap Price 140V Vol Cap Price 4011 Vol. Cap. :4:2-:53: 5315 482 1-33 5.-c 3,1 • 5 483 15:0 4.3% 3530-0600 5510 73 2,781 82% 55 10 723 2772 8206 ZOO- 0700 5530 653 2695 7901 05 30 640 2653 78% 3700- 0800 55 80 528 2541 75% 05 8O 529 2558 7 % 7803- 0900 $5 D 247 2269 6% 55 30 304 2373 70% 7900- 1000 5420 303 2193 85% 14 20 301 2,367 70% Express / Lanes OCTA OPERATIONAL HIGHLIGHTS 91 Express Lanes Back -Office System (BOS) Development Update In February 2021, Cofiroute USA, LLC (CUSA) notified OCTA and the Riverside County Transportation Commission (RCTC) of a delay to the implementation of the new BOS for the 91 Express Lanes for both Orange and Riverside counties as a result of the COVID-19 pandemic. CUSA is the current operator of the 91 Express Lanes for both OCTA and RCTC and is the firm selected for the design, development, and implementation of the new BOS, as well as the customer service center operation. To proactively address the potential delay of transitioning to the new operating agreement, in October 2019, an amendment to the existing operating agreement was executed, which allowed for six one -month extension periods. In November 2021, OCTA and RCTC (Agencies) provided notice to CUSA that the Agencies will be exercising the last of the remaining six one -month extension period, which will commence December 1, 2021 through December 31, 2021. Also in November, both the OCTA Board of Directors and RCTC approved an amendment, which allowed for three additional one - month extensions, commencing January 1, 2022 through March 31, 2022. The Agencies have been working with CUSA to determine when the revised go -live date is expected and will then ask CUSA to provide an approved implementation schedule for go -live. The Agencies intend to exercise the one -month options until the transition to the new contract occurs. 91 Express Lanes Toll Entrance Gantries Infrastructure Project Update OCTA entered into an agreement with the California Department of Transportation (Caltrans) to provide construction and construction management services for the 91 Express Lanes Toll Entrance Gantries Infrastructure Project. This project entails constructing new toll gantries infrastructure at the three entrances of the OCTA 91 Express Lanes. Caltrans advertised and awarded the project in March 2021 and May 2021, respectively. In June, the contract was executed, and the project kickoff meeting was held in July. Pre -construction activities began in August and were followed with construction activities, which commenced in September. The project is anticipated to be completed in early 2022. During the construction period, overnight closures and possibly, a few full weekend closures, will occur. Upon completion of the infrastructure project, Kapsch TrafficCom USA, Inc., the toll lanes system integrator for the 91 Express Lanes, will install new Electronic Toll and Traffic Management system equipment onto the new gantries. • Express 1 Lanes 8 • • • � FINANCIAL HIGHLIGHTS OCTA • • 91 Express Lanes Operating Statement YTD as of : 11130/2021 YTD Variance Description Actual f't Budget t+) Dollar $ Percent (%) Operating revenues: Toll Revenue 5 24,019,741.12 $ 17.,347,960.00 $ 6.671.781.12 33 5 Fee Revenue 2.739.901.61 1,088,836.00 1,651,065.61 151 6 Total operating revenues 26,759,642.73 18,436,796.00 8.322.846.73 45.1 Operating expenses: Contracted Services 2,787,014.62 2,557,312_00 (229,702.62) (9.0) Administrative Fee 1,126,645.00 1,300,730.00 174,085.00 13.4 Other Professional Services 22,866.21 1,522,216-00 1,499,349.79 98.5 Credit Card Processing Fees 619,466.82 486,310_00 (133,156.82) (27.4) Toll Road Account Servicing 245,382.04 417,000.00 171,617.96 41.2 Other Insurance Expense 191,804.80 104,125.00 (87,679.80) (84.2) Toll Road Maintenance Supply Repairs 286,004.02 812,050.00 526,045.98 64.8 Patrol Services 352,748.71 458,150.00 105,401.29 23.0 Building Equipment Repairs and Maint 131,984.97 311,832.00 179,847.03 57.7 6C Transponders - 18,750.00 18,750.00 100.0 Other Services {`'} (780,500.00) 256,000.00 1,036,500.00 404.9 Utilities 30,180.70 29,580.00 (600.70) (2.0) Office Expense - 63,445.00 63,445.00 100.0 Bad Debt Expense 45,502.24 - (45,502.24) N/A Miscellaneous `) 14,669.34 38,660.00 23.990.66 62.1 Leases 164,351.51 206,170.00 41,818.49 20 3 Total operating expenses 5,238,120.98 ' 8,582,330.00 v 3,344,209.02 39 0 Depreciation and Amortization ' 1,348,450.49 - (1,348,450.49) N:.4. Operating income (loss) 20,173,07126 9.854 466 00 10 318.605 26 104.7 Nonoperating revenues (expenses): Reimbursement from Other Agencies 99,456.88 - 99.456.88 N/A Interest Income 1,208,091.53 716,765.00 491,326.53 68.5 Interest Expense (1,668,312.37)v (2,022,413.00) 354,100.63 ' 17.5 Other 566.20 - 566.20 N/A Total nonoperating revenues (expenses) (360.197.76) (1,305,648.00) 945.450.24 72.4 Transfers In - - - N/A Transfers Out 1.4.1 (2,872,013.77) (2,319,483.00) (552,530.77) (23.8) Net income (loss) S 16,940,859.73 S 6,229,335.00 S 10,711,524.73 1 172.0 'Actual amounts are accounted for on the accrual basis of accounting in an enterprise fund. Budget amounts are accounted for on a modified accrual basis of accounting. 'Miscellaneous expenses include: Bond Insurance Costs, Bank Service Charge, Transponder Materials. OOepreciation and amortization are not budgeted items. 'Transfers Out: For M2 Project I and Project J expense reimbursements. 5 Litigation settlement was accrued, the negative will be offset once the litigation payment is issued. �Expre / Lart ss 9 OPERATIONS OVERVIEW RCTC TRAFFIC AND REVENUE STATISTICS FOR RCTC Total traffic volume on the 91 Express Lanes for November 2021 was 1,431,424. This represents a daily average of 47,714 vehicles. This is a 48 percent increase in total traffic volume from the same period last year, which totaled 967,266 and was the ninth month of the COVID-19 stay-at-home order. Potential toll revenue for November was $5,402,307, which represents an increase of 70.7 percent from the prior year's total of $3,164,962. Carpool percentage for November was 22 percent as compared to the previous year's rate of 21 percent. As compared to November 2019, traffic volume increased by 13.2 percent and revenue increased by 1.4 percent. Month -to -date traffic and revenue data is summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the RCTC 91 Express Lanes and associated potential revenue for the month of November 2021. Current Month -to -Date as of November 30, 2021 Trips NOV-21 MTD Actual Stantec MTD Projected # Variance %, Variance Nov -20 MTD Actual Yr-to-Yr % Variance NOV-19 MTD Actual Yr 21-to-Yr 19 Variance Full Toll Lanes 1,116,965 926,143 190,822 20.6% 763,738 46.2% 964,400 15.8% 3+ Lanes 314,459 332,029 (17,570) (5 3%) 203,528 54.5% 300,201 4.7% Total Gross Trips 1,431,424 1,258,171 173,253 13.8% 967,266 48.0% 1,264,601 13.2% Revenue Full Toll Lanes $5,367,195 $4,033,114 $1,334,080 33.1% $3,133,295 71.3% $5,301,867 1.2% 3+ Lanes $35,112 $0 $35,112 ���,..7 $31,667 10.9% $28,411 23.6% Total Gross Revenue $5,402,307 $4,033,114 $1,369,192 33.9% $3,164,962 70.7% $5,330,279 1.4% Average Revenue per Trip Average Full Toll Lanes $4.81 $4.35 $0.46 10.6% $4.10 17.3% $5.50 Average 3+ Lanes $0.11 $0.00 $0.11 ��1 % $0.16 (31.3%, $0.09 22.2% Average Gross Revenue $3.77 $3.21 $0.56 17.4% $3.27 15.3% $4.21 (10.5%) &Express AI Lanes 10 • • • The 2021 fiscal year-to-date traffic volume increased by 46.7 percent and potential toll revenue increased by 58.6 percent, when compared with the same period last year. Year-to-date average revenue per -trip is $3.67. Fiscal year-to-date traffic and revenue data are summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the RCTC 91 Express Lanes and associated potential revenue for the months of July 2021 through November 2021. FY 2020-21 Year -to -Date as of November 30, 2021 Trips FY 2021-22 YTD Actual Stantec YTD Projected # Variance % Variance FY 2020-21 YTD Actual Yr-to-Yr 0/0 Variance Full Toll Lanes 5,737,389 4,765,586 971,803 20.4% 3,921,947 463% 3+ Lanes 1,538,167 1,661,171 (7.a 1,037,391 48.3% Total Gross Trips 7,275,556 6,426,757 848,799 13.2% 4,959,338 46.7% Revenue Full Toll Lanes $26,487,284 $20,570,371 $5,916,912 28.8% $16,650,865 59.1% 3+ Lanes $202,058 $0 $202,058 /// / $179,055 12.8% Total Gross Revenue $26,689,342 $20,570,371 $6,118,971 29.7% $16,829,920 58.6% Average Revenue per Trip Average Full Toll Lanes $4.62 $4.32 $0.30 6.9% $4.25 8.7% Average 3+ Lanes $0.13 $0.00 $0.13 :NV /1 $0.17 (23.5%) Average Gross Revenue $3.67 $3.20 $0.47 14.7% $3.39 8.3% ek, Express Lanes 11 RCTC Traffic and Revenue Summary The chart below reflects the total trips broken down between full toll lanes and HOV3+ lanes for FY 2021-22 on a monthly basis. 328,416 306,482 298,188 290,621 314,459' mammal 1,155,476 1.149.984 1,138,339 1.176,616 The chart below reflects the gross potential revenue breakdown between full toll lanes and HOV3+ lanes for FY 2021-22 on a monthly basis. &Express s 12 • • • • • RCTC PEAK -HOUR VOLUMES In November, no toll rates were adjusted. RCTC evaluates traffic volumes for peak -period hours and adjusts rates according to the toll rate policy. RCTC EASTBOUND PEAK -HOUR VOLUMES Eastbound PM Peak - County Line to McKinley Monday 11101121 Tuesday 11102121 Wednesday 11103121 Thursday 11104121 Friday 11105121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400. 1500 $5.45 203 1,013 1,216 E $7.05 174 1002 1,176 D $9.15 185 1036 1,221 E $12.25 194 997 1,191 D $26.80 274 1,023 1,297 E 1500. 1600 $8.45 195 888 1,083 D 910.50 197 905 1,102 D $13.55 189 917 1,106 D $16.60 248 903 1,151 D $26.50 274 966 1,240 E 1600 - 1700 $7.05 170 910 1,080 D $5.45 186 873 1,059 D $7.05 165 941 1,106 D $8.45 207 992 1,199 D $15.60 239 856 1,095 D 1700. 1800 $5.45 200 914 1,114 D $5.45 169 941 1,110 D $5.45 171 915 1,086 D $5.45 194 935 1,129 D $7.40 231 955 1,186 D 1800.1900 $5.45 253 818 1,071 D $5.45 237 845 1,082 D $5.45 241 872 1,113 D $5.45 237 927 1,164 D $5.45 263 972 1,235 E 1900.2000 $2.30 205 604 809 C $4.25 216 853 1,069 D $4.25 225 814 1,039 D $5.45 268 899 1,167 D $4.25 263 866 1,129 D Monday 11108121 Tuesday 11109121 Wednesday 11110121 Thursday 11111121 Friday 11112/21 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400 - 1500 $5.45 164 1,027 1,191 D $7.05 162 1076 1,238 E $9.15 195 1089 1,284 E $12.25 249 1,064 1,313 F $26.80 242 1,002 1,244 E 1500 - 1600 $8.45 227 889 1,116 D 910.50 189 972 1,161 D $13.55 193 989 1,182 D $16.60 293 917 1,210 E $26.50 272 976 1,248 E 1600 - 1700 97.05 206 883 1,089 D $5.45 172 904 1,076 D 97.05 194 973 1,167 D $8.45 246 962 1,208 E $15.60 235 930 1,165 D 1700. 1800 $5.45 168 908 1,076 D $5.45 175 904 1,079 D $5.45 183 924 1,107 D $5.45 257 872 1,129 D $7.40 232 907 1,139 D 1800. 1900 $5.45 230 867 1,097 D $5.45 252 849 1,101 D $5.45 215 925 1,140 D $5.45 288 814 1,102 D $5.45 257 885 1,142 D 1900.2000 52.30 192 716 908 C $4.25 191 744 935 C $4.25 270 903 1,173 D $5.45 284 627 911 C $4.25 271 760 1,031 D Monday 11115121 Tuesday 11116121 Wednesday 11117121 Thursday 11118121 Friday 11119121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400. 1500 $5.45 196 1,003 1,199 D $7.05 181 1,076 1,257 E $9.15 191 1,067 1,258 E $12.25 186 1,109 1,295 E $26.80 226 1,000 1,226 E 1500. 1600 $8.45 235 882 1,117 D 510.50 210 897 1,107 D $13.55 193 898 1,091 D $16.60 221 899 1,120 D $26.50 269 898 1,167 D 1600. 1700 $7.05 166 694 860 C $5.45 178 961 1,139 D $7.05 203 978 1,181 D $8.45 198 968 1,166 D $15.60 241 954 1,195 D 1700 - 1800 $5.45 195 791 986 C $5.45 187 864 1,051 D $5.45 194 843 1,037 D $5.45 218 878 1,096 D $7.40 240 982 1,222 E 1800 - 1900 $5.45 264 830 1,094 D $5.45 259 901 1,160 D $5.45 218 858 1,076 D $5.45 231 934 1,165 D $5.45 284 948 1,232 E 1900-2000 $2.30 228 859 1,087 D $4.25 255 902 1,157 D $4.25 273 896 1,169 D $5.45 232 906 1,138 D 94.25 344 977 1,321 F Monday 11122121 Tuesday 11/23121 Wednesday 11124121 Thursday 11/25/21 Friday 11126/21 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $5.45 245 1,063 1,308 F $7.05 307 1,045 1,352 F 915.45 279 958 1,237 E 97.05 399 767 1,166 D $2.30 288 695 983 C 1500.1600 $8.45 280 931 1,211 E 910.50 279 916 1,195 D $12.10 277 967 1,244 E $4.25 394 762 1,156 D $2.30 233 624 857 C 1600.1700 97.05 227 903 1,130 D $5.45 287 951 1,238 E $9.50 330 926 1,256 E $4.25 401 692 1,093 D $2.30 211 561 772 B 1700.1800 $5.45 194 894 1,088 D $5.45 250 872 1,122 D 97.40 292 932 1,224 E $4.25 347 590 937 C $2.30 224 468 692 B 1800 - 1900 $5.45 266 842 1,108 D $5.45 252 943 1,195 D $4.25 282 807 1,089 D $4.25 345 565 910 C $2.30 233 407 640 B 1900 - 2000 92.30 288 813 1,101 D $4.25 358 943 1,301 F $2.30 294 699 993 C $4.25 322 487 809 C $1.60 202 298 500 B Monday 11/29121 Tuesday 11130121 Wednesday 12101121 Thursday 12102/21 Friday 12103121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400 - 1500 $5.45 150 953 1,103 D $7.05 162 1,032 1,194 D 1500 - 1600 $8.45 219 842 1,061 D $10.50 193 860 1,053 D 1600 - 1700 $7.05 190 892 1,082 D $5.45 209 870 1,079 D 1700 -1800 $5.45 202 850 1,052 D 95.45 190 857 1,047 D 1800 - 1900 $5.45 250 807 1,057 D $5.45 236 845 1,081 D 1900 - 2000 $2.30 252 681 933 C $4.25 281 859 1,140 D til!Express J Lanes 13 Eastbound PM Peak - County Line to 15 SB Ontario Monday 11101121 Tuesday 11102/21 Wednesday 11103121 Thursday 11/04121 Friday 11105121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $5.45 103 698 801 C $5.45 89 736 825 C 9545 120 757 877 C $5.45 110 742 852 C S5.45 135 681 816 C 1500 - 1600 95.45 130 676 806 C $5.45 103 702 805 C $5.45 132 679 811 C $5.45 117 697 814 C 95.45 128 622 750 B 1600-1700 93.00 112 585 697 B 55.45 94 662 756 B 95.45 83 658 741 B 55.45 94 653 747 B $3.00 109 534 643 B 1700-1800 93.00 106 632 738 B 83.00 92 671 763 B $3.00 112 683 795 B $3.00 112 622 734 5 $3.00 123 669 792 B 1800.1900 $3.00 177 605 782 B 53.00 126 649 775 B $300 113 620 733 B $3.00 103 644 747 B $3.00 137 614 751 B 1900.2000 $3.00 154 476 630 B $3.00 158 667 825 C $3.00 157 657 814 C $3.00 192 677 869 C $3.00 185 676 861 C Monday 11108121 Tuesday 11109121 Wednesday 11110121 Thursday 11111121 Friday 11112121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 $5.45 131 723 854 C $5.45 118 831 949 C $5.45 114 762 876 C $5.45 154 681 835 C 95.45 138 670 808 C 1500-1600 95.45 127 642 769 B $5.45 88 756 844 C $5.45 106 683 789 B $5.45 163 661 824 C 9545 133 626 759 8 1600-1700 93.00 116 649 765 B $5.45 100 644 744 B $5.45 85 654 739 B 95.45 127 617 744 B $3.00 120 611 731 B 1700-1800 93.00 82 639 721 B $3.00 98 602 700 B $3.00 105 631 736 B 9300 148 545 693 B 9300 111 563 674 B 1800-1900 93.00 117 655 772 B $3.00 133 679 812 C $3.00 121 627 748 B $3.00 169 543 712 B $3 00 130 578 708 B 1900-2000 93.00 161 519 680 B $3.00 130 624 754 B $3.00 161 687 848 C $3.00 179 425 604 B $3.00 172 511 683 B Monday 11115121 Tuesday 11116121 Wednesday 11117121 Thursday 11118/21 Friday 11119121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 $5.45 103 753 856 C 95.45 111 759 870 C $5.45 108 713 821 C $5.45 128 756 884 C $545 111 725 836 C 1500-1600 $5.45 103 644 747 B 95.45 104 743 847 C $5.45 122 692 814 C $5.45 112 678 790 B $5.45 145 580 725 B 1600 - 1700 93.00 85 492 577 B $5.45 102 616 718 B $5.45 106 659 765 B 95.45 100 672 772 B $3.00 118 610 728 B 1700.1800 93.00 100 541 641 B $3.00 77 580 657 B 93.00 117 606 723 B $3.00 94 553 647 B $3.00 130 584 714 B 1800.1900 $3.00 126 539 665 B 93.00 138 653 791 B 93.00 133 516 649 B $3.00 119 668 787 B 93.00 132 558 690 B 1900.2000 $3.00 175 598 773 B $3.00 163 692 855 C $3.00 172 742 914 C 53.00 188 689 877 C $3.00 213 592 805 C Monday 11/22121 Tuesday 11123121 Wednesday 11/24/21 Thursday 11125121 Friday 11126/21 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $5.45 143 763 906 C 95 45 153 682 835 C $3.00 139 519 658 B 53.00 266 477 743 B $3.00 166 406 572 B 1500-1600 95.45 128 622 750 B 95.45 131 587 718 B $5.45 120 558 678 B $3.00 197 425 622 B $3.00 118 349 467 B 1600-1700 93.00 118 626 744 8 $5.45 127 558 685 B $3.00 156 538 694 B 93.00 240 414 654 B 9200 120 334 454 B 1700-1800 $3.00 94 570 664 B $3.00 121 548 669 B 93.00 142 494 636 B $3.00 235 379 614 B $2.00 126 314 440 B 1800-1900 $3.00 154 624 778 B $3.00 126 630 756 B $3.00 149 525 674 B $3.00 288 411 699 B 92.00 120 301 421 8 1900-2000 $3.00 198 571 769 B 93.00 206 615 821 C $2.00 179 439 618 B 93.00 304 390 694 B $2.00 116 225 341 A Monday 11129121 Tuesday 11130121 Wednesday 12101121 Thursday 12102121 Friday 12103121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400 - 1500 $5.45 100 667 767 B 95.45 113 735 848 C 1500 - 1600 95.45 95 642 737 B $5.45 107 669 776 B 1600 - 1700 $3.00 83 596 679 B $5.45 87 609 696 B 1700 - 1800 93.00 114 619 733 B 93.00 113 559 672 B 1800 - 1900 93.00 126 583 709 B 93.00 127 601 728 8 1900 - 2000 $300 148 477 625 B $3.00 200 701 901 C Express Lanes 14 • • • RCTC WESTBOUND PEAK -HOUR VOLUMES Westbound AM Peak - McKinley to County Line Monday 11101121 Tuesday 11102121 Wednesday 11103121 Thursday 11104121 Friday 11/05121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS 0400.0500 $2.30 202 492 694 B $2.30 185 594 779 B $2.30 219 487 706 B $2.30 225 512 737 B $2.30 196 518 714 B 0500.0600 $11.20 368 1,181 1,549 F 511.20 346 1162 1,508 F $11.20 368 1157 1,525 F $9.45 331 1,126 1,457 F $5.45 301 1,226 1,527 F 0600 - 0700 $17.30 310 1,007 1,317 E 518.30 281 1115 1,396 F $18.30 349 1040 1,389 F $17.30 305 1,120 1,425 F 510.45 289 1,079 1,368 F 0700 - 0800 $14.30 342 1,350 1,692 F 514.30 328 1362 1,690 F $14.30 348 1341 1,689 F $13.30 330 1,352 1,682 F 59.40 301 1,273 1,574 F 0800 - 0900 59.40 198 1,243 1,441 F 510.40 177 1488 1,665 F 510.40 215 1440 1,655 F $9.40 173 1,468 1,641 F $5.45 152 1,247 1,399 F 0900.1000 55.45 171 996 1,167 D $7.05 126 1119 1,245 E 57.05 156 1217 1,373 F $7.05 169 1,177 1,346 E $4.25 141 781 922 C Monday 11/08/21 Tuesday 11109121 Wednesday 11110/21 Thursday 11111/21 Friday 11112/21 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 52.30 178 584 762 B $2.30 207 564 771 B $2.30 212 637 849 C 52.30 142 382 524 B 52.30 170 536 706 8 0500.0600 511.20 367 1,090 1,457 F 511.20 389 1139 1,528 F 511.20 347 1210 1,557 F $9.45 276 932 1,208 E $5.45 316 1,064 1,380 F 0600.0700 $17.30 349 1,092 1,441 F $18.30 362 1115 1,477 F 518.30 318 1161 1,479 F 517.30 221 760 981 C $10.45 242 848 1,090 D 0700.0800 514.30 365 1,330 1,695 F $14.30 354 1330 1,684 F $14.30 355 1318 1,673 F 513.30 207 810 1,017 D 59.40 341 1,115 1,456 F 0800.0900 $9.40 217 1,489 1,706 F $10.40 236 1390 1,626 F 510.40 255 1474 1,729 F 59.40 203 859 1,062 D $5.45 175 944 1,119 D 0900.1000 $5.45 164 1,113 1,277 E $7.05 151 1067 1,218 E $7.05 166 1221 1,387 F $7.05 271 758 1,029 D $4.25 160 718 878 C Monday 11115121 Tuesday 11116/21 Wednesday 11117121 Thursday 11118121 Friday 11119121 AM Time Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 $2.30 211 550 761 B $2.30 208 581 789 B $2.30 205 640 845 C $2.30 234 560 794 B 52.30 195 640 835 C 0500.0600 $11.20 369 1,153 1,522 F $11.20 383 1206 1,589 F $11.20 382 1230 1,612 F $9.45 404 1,229 1,633 F $5.45 316 1,297 1,613 F 0600.0700 $17.30 294 957 1,251 E 518.30 290 1076 1,366 F $18.30 313 1174 1,487 F $17.30 354 1,110 1,464 F $10.45 277 1,094 1,371 F 0700.0800 $14.30 356 1,156 1,512 F 514.30 359 1191 1,550 F $14.30 326 1429 1,755 F $13.30 369 1,336 1,705 F 59.40 296 1,157 1,453 F 0800.0900 $9.40 175 1,445 1,620 F 510.40 198 1494 1,692 F $10.40 219 1248 1,467 F $9.40 182 1,328 1,510 F $5.45 161 1,013 1,174 D 0900. 1000 $5.45 169 1,161 1,330 E 57.05 145 835 980 C $7.05 187 1115 1,302 E $7.05 173 1,189 1,362 F $4.25 145 814 959 C Monday 11122121 Tuesday 11123/21 Wednesday 11124/21 Thursday 11125121 Friday 11/26121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS 0400.0500 52.30 231 592 823 C $2.30 232 558 790 B $2.30 200 531 731 B 51.60 20 25 45 A 51.60 24 52 76 A 0500.0600 $11.20 324 1,229 1,553 F 511.20 361 1207 1,568 F $7.05 294 960 1,254 E 51.60 25 49 74 A $1.60 45 130 175 A 0600-0700 $17.30 242 1,179 1,421 F 518.30 259 1091 1,350 E $5.45 292 1121 1,413 F 51.60 29 67 96 A $1.60 57 198 255 A 0700.0800 $14.30 249 1,313 1,562 F 514.30 291 1187 1,478 F $5.45 233 1024 1,257 E 51.60 43 133 176 A $1.60 82 249 331 A 0800 - 0900 $9.40 192 1,217 1,409 F 510.40 218 1078 1,296 E $4.25 202 794 996 C 51.60 75 178 253 A $1.60 105 292 397 A 0900 - 1000 $5.45 205 1,021 1,226 E 57.05 238 1034 1,272 E $2.30 187 687 874 C $1.60 132 303 435 B 52.30 173 466 639 B Monday 11129121 Tuesday 11130/21 Wednesday 12/01121 Thursday 12102121 Friday 12103121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 $2.30 284 911 1,195 D 52.30 181 635 816 C 0500.0600 $11.20 394 1,214 1,608 F 511.20 350 1,308 1,658 F 0600.0700 $17.30 327 1,041 1,368 F 518.30 294 1,107 1,401 F 0700.0800 514.30 337 1,352 1,689 F 514.30 310 1,387 1,697 F 0800.0900 59.40 189 1,300 1,489 F $10.40 165 1,376 1,541 F 0900.1000 $5.45 169 1,008 1,177 D $7.05 163 1,088 1,251 E &Express Lanes 15 M Peak -1-15 North to County Line Monday 11101121 Tuesday 11102121 Wednesday 11103121 Thursday 11104121 Friday 11105121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. 10S Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 $3.00 141 449 590 B 93.00 129 546 675 B $3.00 178 485 663 B $3.00 150 503 653 B 93.00 111 475 586 6 0500.0600 $7.00 251 1,084 1,335 E 97.00 225 1178 1,403 F $7.00 248 1200 1,448 F 97.00 220 1,158 1,378 E $5.45 192 1,047 1,239 E 0600.0700 99.00 280 1,250 1,530 F $9.00 240 1232 1,472 F 99.00 260 1248 1,508 F $9.00 252 1,252 1,504 F 97.00 226 1,091 1,317 E 0700 - 0800 99.00 204 1,165 1,369 E $9.00 200 1398 1,598 F $9.00 198 1294 1,492 F $9.00 175 1,342 1,517 F $7.00 167 1,037 1,204 E 0800 - 0900 $7.00 130 1,031 1,161 D $7.00 101 1172 1,273 E $7.00 126 1246 1,372 E $7.00 129 1,158 1,287 E $5.45 70 907 977 C 0900 - 1000 95.45 142 753 895 C $5.45 105 870 975 C $5.45 102 953 1,055 D $5.45 119 924 1,043 D 93.00 105 696 801 C Monday 11108121 Tuesday 11109121 Wednesday 11110121 Thursday 11111121 Friday 11112121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 93.00 127 594 721 B $3.00 174 553 727 B 93.00 142 542 684 B $3.00 85 325 410 B 93.00 120 406 526 B 0500 - 0600 $7.00 230 1,094 1,324 E $7.00 266 1233 1,499 F $7.00 247 1296 1,543 F $7.00 189 773 962 C $5.45 221 970 1,191 D 0600 - 0700 99.00 259 1,160 1,419 F 99 00 317 1333 1,650 F $9.00 272 1255 1,527 F $9.00 187 893 1,080 D $7.00 232 914 1,146 D 0700. 0800 $9.00 226 1,357 1,583 F $9.00 206 1315 1,521 F $9.00 218 1326 1,544 F $9.00 142 869 1,011 D 97.00 158 925 1,083 D 0800 - 0900 $7 00 134 1,139 1,273 E $7.00 142 1184 1,326 E $7.00 127 1125 1,252 E $7.00 135 766 901 C $5.45 120 814 934 C 0900 - 1000 95.45 106 820 926 C $5.45 105 951 1,056 D 95.45 131 955 1,086 D 95.45 215 702 917 C 93.00 140 699 839 C Monday 11115121 Tuesday 11116121 Wednesday 11117121 Thursday 11118121 Friday 11119121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 $3.00 167 534 701 B 93.00 182 530 712 B 83.00 162 585 747 B $3.00 163 535 698 B 93.00 122 483 605 B 0500 - 0600 $7.00 271 1,240 1,511 F $7.00 242 1267 1,509 F 97.00 248 1272 1,520 F $7.00 287 1,234 1,521 F $5.45 182 1,105 1,287 E 0600 - 0700 $9.00 253 1,046 1,299 E 99.00 250 1237 1,487 F $9.00 254 1232 1,486 F $9.00 289 1,195 1,484 F 97.00 228 1,058 1,286 E 0700 - 0800 $9 00 201 1,240 1,441 F $9.00 191 1149 1,340 E $9.00 185 1327 1,512 F $9.00 209 1,149 1,358 E 97.00 152 1,038 1,190 D 0800 - 0900 $7.00 107 1,177 1,284 E 97.00 114 1299 1,413 F $7.00 115 1059 1,174 D $7.00 113 1,114 1,227 E 95.45 108 823 931 C 0900-1000 $5.45 100 826 926 C $5.45 59 372 431 B $5.45 117 924 1,041 D $5.45 117 888 1,005 D $3.00 93 712 805 C Monday 11122/21 Tuesday 11123121 Wednesday 11124121 Thursday 11125121 Friday 11126121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS 0400.0500 $3.00 159 531 690 B 93.00 152 494 646 B 93.00 136 407 543 B $2.00 19 42 61 A 92.00 23 59 82 A 0500.0600 $7.00 225 1,219 1,444 F $7.00 260 1133 1,393 E $7.00 216 944 1,160 D 92.00 23 50 73 A 92.00 28 156 184 A 0600 - 0700 $9.00 189 1,273 1,462 F $9.00 213 1196 1,409 F $5.45 168 900 1,068 D 9200 25 73 98 A 92.00 59 213 272 A 0700 - 0800 $9.00 150 1,053 1,203 E $9.00 137 1002 1,139 D 83.00 130 825 955 C 9200 39 95 134 A 9200 56 211 267 A 0800-0900 $7.00 136 989 1,125 D $7.00 139 935 1,074 D $3.00 117 696 813 C $2.00 73 163 236 A 92.00 84 273 357 A 0900.1000 $5.45 158 759 917 C $5.45 165 843 1,008 D $3.00 132 583 715 B $2.00 111 226 337 A 92.00 117 363 480 B Monday 11129121 Tuesday 11130121 Wednesday 12101121 Thursday 12102121 Friday 12/03121 AM Time Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400 - 0500 $3.00 157 577 734 B $3.00 142 611 753 B 0500 - 0600 97.00 257 1,105 1,362 E $7.00 211 1,288 1,499 F 0600 - 0700 $9.00 277 1,229 1,506 F $9.00 238 1,251 1,489 F 0700 - 0800 $9.00 178 1,156 1,334 E $9.00 170 1,211 1,381 E 0800 - 0900 97.00 125 1,009 1,134 D $7.00 103 1,137 1,240 E 0900 - 1000 95.45 106 786 892 C 95.45 132 958 1,090 D etExpress Lanes i6 • • • • • RCTC OPERATIONAL HIGHLIGHTS On -Road Operations RCTC Freeway Service Patrol responded to 106 calls during the month of November. Of those calls, 73 were to assist disabled vehicles, 9 calls to remove debris, and 24 were in response to accidents that affected the Express Lanes. 91 Express Lanes BOS Development Update In February 2021, CUSA notified OCTA and RCTC of a delay to the implementation of the new BOS for the 91 Express Lanes for both Orange and Riverside counties as a result of the COVID-19 pandemic. CUSA is the current operator of the 91 Express Lanes for both OCTA and RCTC and is the firm selected for the design, development, and implementation of the new BOS, as well as the customer service center operation. To proactively address the potential delay of transitioning to the new operating agreement, in October 2019, an amendment to the existing operating agreement was executed, which allowed for six one -month extension periods. In November 2021, OCTA and RCTC (Agencies) provided notice to CUSA that the Agencies will be exercising the last of the six one -month extension period, which will commence December 1, 2021 through December 31, 2021. Also in November, both the OCTA Board of Directors and RCTC approved an amendment, which allowed for three additional one -month extensions, commencing January 1, 2022 through March 31, 2022. The Agencies have been working with CUSA to determine when the revised go -live date is expected and will then ask CUSA to provide an approved implementation schedule for go -live. The Agencies intend to exercise the one -month options until the transition to the new contract occurs. etExpress J Lanes 17 FINANCIAL HIGHLIGHTS RCTC RCTC 91 Express Lanes O • eratin • Statement YTD as of : 1/30/2021 YTD Variance Description Actual' Budget Dollar $ Percent (%) Operating revenues: Toll Revenue $ 24,359,096.52 $ 14,931,250.00 $ 9,427,846.52 63.1 Fee Revenue 2,880,931.28 2,382,041.67 498,889.61 20.9 Total operating revenues 27,240,027.80 17,313,291.67 9,926,736.13 57.3 Operating expenses: Salaries and Benefits 199,156.47 355,333.33 156,176.86 44.0 Legal Services 18,982.97 86,958.33 67,975.36 78.2 Advisory Services 17,773.39 2,083.33 (15,690.06) (753.1) Audit and Accounting Fees 29,775.00 15,000.00 (14,775.00) (98.5) Service Fees - 7,791.67 7,791.67 100.0 Other Professional Services 192,246.48 523,250.00 331,003.52 63.3 Lease Expense 94,545.12 132,958.33 38,413.21 28.9 Operations 684,561.59 1,507,416.67 822,855.08 54.6 Utilities 6,049.26 27,125.00 21,075.74 77.7 Supplies and Materials 6,103.59 13,958.33 7,854.74 56.3 Membership and Subscription Fees 7,186.50 12,500.00 5,313.50 42.5 Office Equipment & Furniture (Non -Capital) - 33,333.33 33,333.33 100.0 Maintenance/Repairs 86,266.71 128,583.33 42,316.62 32.9 Training Seminars and Conferences 2,365.10 666.67 (1,698.43) (254.8) Transportation Expenses - 1,041.67 1,041.67 100.0 Lodging - 541.67 541.67 100.0 Meals - 1,250.00 1,250.00 100.0 Other Staff Expenses 90.00 125.00 35.00 28.0 Advertising - 89,583.33 89,583.33 100.0 Program Management 12,968.54 34,625.00 21,656.46 62.5 Program Operations 2,727,159.72 3,489,250.00 762,090.28 21.8 Litigation Settlement 687.06 - (687.06) N/A Furniture & Equipment - 31,250.00 31,250.00 100.0 Improvements 24,997.50 22,916.67 (2,080.83) (9.1) Bad Debt Expense 45,624.60 - (45,624.60) N/A Total operating expenses 4,156,539.60 6,517,541.67 2,361,002.07 36.2 Operating income (loss) 23,083,488.20 10,795,750.00 12,287,738.20 113.8 Nonoperating revenues (expenses): Interest Revenue 39,334.80 62,291.67 (22,956.87) 36.9 Other Miscellaneous Revenue 17.39 - 17.39 N/A Loss on Refunding (6,733,662.41) - (6,733,662.41) N/A Principal Expense - - - N/A Interest Expense (9,476,129.92) (3,767,041.67) (5,709,088.25) 151.6 Total nonoperating revenues (expenses) (16,170,440.14) (3,704,750.00) (12,465,690.14) (336.5) Transfers In - - - N/A Transfers Out (48,900.00) (447,791.67) 398,891.67 (89.1) Net income (loss) $ 6,864,148.06 $ 6,643,208.33 $ 220,939.73 3.3 1 Unaudited etiExpress Lanes 18 • • • • • JOINT AGENCY TRIP AND REVENUE STATISTICS MULTI AGENCY TRIP AND REVENUE STATISTICS MONTH ENDING November 30, 2021 MTD Transactions by Agency Transactions Using Both Segments %Using Both Segments Revenue Westbound OCTA 845,738 468,128 55% $2,351,954 RCTC 774,059 468,128 60% $3,148,346 1-15 339,050 263,884 78% $1,239,002 McKinley 435,009 204,244 47% $1,909,344 Eastbound OCTA 822,997 548,592 67% $2,773,302 RCTC 657,365 548,592 83% $2,253,961 1-15 251,626 201,608 80% $626,455 McKinley 405,739 346,984 86% $1,627,505 JOINT AGENCY TRAFFIC STATISTICS 900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 OCTA Joint Agency Traffic Statistics 60% RCTC 67% 83% OCTA RCTC Westbound Eastbound ■ OCTA Transactions ■ RCTC Transactions ■ % of OCTA Transactions Using Both Segments :_ % of RCTC Transactions Using Both Segments • Express J Lanes 19 JOINT AGENCY PERFORMANCE MEASURES REPORTING REQUIREM ENT Reporting I PERFORMANCE STANDARD Period Nov -21 Performance CUSTOM ER SERV ICE Call Wait Time Abandon Rate Customer Satisfaction VIOLATION PROCESSING Response Time CUSA Violation Collection Rate CUSA Violation Collection Rate TRAFFIC OPERATIONS Initial & Secondary Reviews Monthly * Rate Misread Errors Monthly ACCOUNTING OCTA Exceptions Monthly RCTC Exceptions M onthly INFORMATION TECHNOLOGY Back -office System Uptime Monthly Network Uptime Monthly CUSA = Cofiroute USA; CAS = OCTA Customer Assistance Specialists ' P late M is read Error performance is current after a 60 -day ho ld-back period the month of this report. M onthly M onthly Monthly Monthly Quarterly Annually Not to exceed 2 nynutes No more than 4.0% At least 75 outbound calls Within 2 business days of receipt 70% or more 74% or more Equal to or less than 15 days Equal to or less than 0.4% No more than 3 No more than 3 99% Availability 99% Availability 1:40 2.2% . . .. . . .. . . . . . 77 1.1 2.9 I 0.05°k 0 100% 100% ; therefore, percentage reported here is for two months prior to JOINT AGENCY TRANSPONDER DISTRIBUTION 121 TRANSPONDER DISTRIBUTION I November -21 October -21 Tags % of Total Tags no of Total FY 2021-22 Average To -Date Issued To New Accounts Additional Tags to Ex isting Accounts Replacement Transponders Returned Account Gosures Accounts Dow nsizing Defective Transponders Total Issued Total Returned 02% 13.4% 86.3% 3.4% 93.2% 3.4% 0.8% 95.1% 4.2% 4 257 1.650 1,911 2 55 2 59 6 690 30 726 6C TRANSPONDER DISTRIBUTION Novem be r-21 Tags % of Total Tags %of Total Average To -Date October -21 FY 2021-22 Issued To New Accounts Additional Tags to Existing Accounts Replacement Transponders Total Issued 2,005 4,175 3 6,183 32.4% 67.5% 0.0% r r 3,495 4,245 5 7,745 45.1% 54.8% 0.1% 8,180 1,379 13 9,572 Returned Account Closures Accounts Dow nsizing Defective Transponders Total Returned 85.5% 14.4% 0.1% • Express J Lanes 20 • • • • • • At the end of November 2021, the 91 Express Lanes had 159,272 active customer accounts and 618,691 transponders classified as assigned. 180,000 - 160,000 - 140,000 - Number of Accounts by FY As of November 30, 2021 130,048 120,000 -114,138112,584 112,473112,929113,672 116,813 119,782 100,000 80,000 60,000 40,000 20,000 140,694 148,054149,803 159,272 154,469 ,y0 N. N. ,y'?i ,yR .yh ti� tit ti� ti� ,tie ,1'y ,L'1' '63 otio otiti otiti oti3 otio oti� & c> oti� ci • oyo Ole '1 ti ti ti ti ti , ti ti ti ti ti ti Fiscal Year Incoming Email Activity During November, the Anaheim Processing Center received 2,992 emails. et Express Lanes 21 ATTACHMENT H • • • Orange County Transportation Authority OCTA Riverside County Transportation Commission r Express 1 Lanes Status Report December 2021 As of December 31, 2021 • • • Table of Contents Operations Overview OCTA 3 Traffic and Revenue Statistics for OCTA 3 OCTA Traffic and Revenue Summary 5 OCTA Eastbound Peak -Hour Volumes 6 OCTA Westbound Peak -Hour Volumes 7 OCTA Operational Highlights 8 Financial Highlights OCTA 9 Operations Overview RCTC 10 Traffic and Revenue Statistics for RCTC 10 RCTC Traffic and Revenue Summary 12 RCTC Peak -Hour Volumes 13 RCTC Eastbound Peak -Hour Volumes 13 RCTC Westbound Peak -Hour Volumes 15 RCTC Operational Highlights 17 Financial Highlights RCTC 18 Joint Agency Trip and Revenue Statistics 19 Joint Agency Traffic Statistics 19 Joint Agency Performance Measures 20 Joint Agency Transponder Distribution 20 Incoming Email Activity 21 etExpress / Lanes 2 � OPERATIONS OVERVIEW OCTA TRAFFIC AND REVENUE STATISTICS FOR OCTA Total traffic volume on the 91 Express Lanes for December 2021 was 1,639,151. This represents a daily average of 52,876 vehicles. This is a 51.4 percent increase in total traffic volume from the same period last year, which totaled 1,082,747 and was the tenth month of the State of California's stay-at-home orders due to the coronavirus (COVID-19) pandemic. Potential toll revenue for December was $5,001,697, which represents an increase of 41.4 percent from the prior year's total of $3,537,895. Carpool percentage for December was 24.1 percent as compared to the previous year's rate of 21.3 percent. As compared to December 2019, traffic volume increased by 13.8 percent and revenue increased by 15.3 percent. Month -to -date (MTD) traffic and revenue data is summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the Orange County Transportation Authority (OCTA) 91 Express Lanes and associated potential revenue for the month of December 2021. Current MTD as of December 31, 2021 Trips Dec -21 MTD Actual Dec -20 MTD Actual Yr 21-to-Yr 20 % Variance Dec -19 MTD Actual Yr 21-to-Yr 19 Ivo Variance Full Toll Lanes 1,244,301 852,110 46.0% 1,059,346 17.5% 3+ Lanes 394,850 230,637 71.2% 380,890 3.7% Total Gross Trips 1,639,151 1,082,747 51.4% 1,440,236 13.8% Revenue Full Toll Lanes $4,947,290 $3,488,629 41.8% $4,269,308 15.9% 3+Lanes $54,407 $49,266 10.4% $68,991 21.1%) Total Gross Revenue $5,001,697 $3,537,895 41.4% $4,338,299 15.3% Average Revenue per Trip Average Full Toll Lanes $3.98 $4.09 $4.03 , ;,,; Average 3+ Lanes $0.14 $0.21 ?3 3%) $0.18 (22.2%) Average Gross Revenue $3.05 $3.27 i'%) $3.01 1.3% et, Express Lanes 3 The 2021 fiscal year-to-date (YTD) traffic volume increased by 45.9 percent and potential toll revenue increased by 38.3 percent, when compared with the same period last year. YTD average revenue per trip is $3.08. Fiscal YTD traffic and revenue data are summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the OCTA 91 Express Lanes and associated potential revenue for the months of July 2021 through December 2021. Fiscal Year (FY) 2020-21 YTD as of December 31, 2021 Trips FY 2021-22 YTD Actual FY 2020-21 YTD Actual Yr-to-Yr 0/0 Variance Full Toll Lanes 7,821,944 5,431,491 44.0% 3+ Lanes 2,328,518 1,525,760 52.6% Total Gross Trips 10,150,462 6,957,251 45.9% Revenue Full Toll Lanes $30,958,257 $22,298,744 38.8% 3+Lanes $301,245 $302,149 (0.3%) Total Gross Revenue $31,259,502 $22,600,893 38.3% Average Revenue per Trip Average Full Toll Lanes $3.96 $4.11 (3.6%) Average 3+ Lanes $0.13 $0.20 35.0%) Average Gross Revenue $3.08 $3.25 (5.2%) • Express J Lanes 4 • • • OCTA Traffic and Revenue Summary The chart below reflects the total trips breakdown between full toll trips and high -occupancy vehicle (HOV3+) trips for FY 2021-22 on a monthly basis. The chart below reflects the gross potential revenue breakdown between full toll trips and HOV3+ trips for FY 2021-22 on a monthly basis. Jul -21 Aug -21 Sep -21 Oct -21 Nov -21 Dec -21 Jan -22 Feb -22 Mar -22 Apr -22 May -22 Jun -22 r Express i Lanes 5 OCTA EASTBOUND PEAK -HOUR VOLUMES Peak -hour traffic in the eastbound and westbound direction reached or exceeded 90 percent of defined capacity 11 times during the month of December 2021. As demonstrated on the next chart, westbound peak -hour traffic volumes top out at 83 percent of defined capacity. Monday 11129121 Tuesday 11130121 Wednesday 12101121 Thursday 12102121 Friday 12103121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400 - 1500 $5.30 404 2,927 86% 57.70 354 2,792 82% $8.35 403 2,288 67% 1500 - 1600 $7.45 522 2,812 83% $7.45 525 3,004 88% 57.90 597 3,091 91% 1600 - 1700 $6.50 350 2,731 80% $7.00 392 2,839 84% $7.45 483 2,911 86% 1700 - 1800 $5.40 457 2,737 81% $6.70 510 2,963 87% $6.75 533 2,936 86% 1800 • 1900 $4.05 608 2,886 85% $4.50 585 2,749 81% $6.75 568 2,491 73% 1900 - 2000 $3.95 647 2,761 81% $5.75 611 2,569 76% $6.25 645 2,344 69% Monday 12106121 Tuesday 12107121 Wednesday 12108121 Thursday 12109121 Friday 12/10121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 $5.30 411 2,990 88% $5.30 390 2,850 84% $5.30 400 3,168 93% 57.70 416 2,869 84% $8.35 452 2,915 86% 1500-1600 $5.65 489 2,939 86% 54.75 522 3,121 92% 57.45 485 2,892 85% 57.45 511 3,063 90% $7.90 543 2,915 86% 1600 - 1700 54.35 447 3,056 90% 54.50 369 3,095 91% $6.50 386 2,962 87% $7.00 363 2,773 82% $7.45 402 2,656 78% 1700-1800 $4.95 470 2,761 81% $4.90 443 2,495 73% $5.40 502 2,805 83% $6.70 495 2,965 87% $6.75 514 2,791 82% 1800 - 1900 $5.65 624 2,844 84% $4.05 605 3,006 88% $4.05 614 2,821 83% $4.50 549 2,308 68% $6.75 648 2,734 80% 1900-2000 $3.95 499 1,901 56% $3.95 505 2,052 60% $395 494 2,097 62% $5.75 388 1,529 45% $6.25 698 2,597 76% Monday 12113121 Tuesday 12114121 Wednesday 12115121 Thursday 12116121 Friday 12117121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 65.30 421 2,916 86% $5.30 333 2,186 64% $5.30 365 3,015 89% $7.70 415 2,983 88% $8.35 506 2,793 82% 1500-1600 $5.65 543 3,022 89% $4.75 469 2,705 80% $7.45 534 2,882 85% $7.45 514 3,018 89% $7.90 562 2,964 87% 1600 - 1700 $4.35 454 3,178 93% $4.50 376 2,611 77% $6.50 401 2,862 84% $7.00 412 2,893 85% $7.45 411 2,622 77% 1700 - 1800 $4.95 424 2,655 78% $4.90 374 1,962 58% $5.40 449 2,807 83% 56.70 467 2,744 81% $6.75 558 2,915 86% 1800-1900 $5.65 669 2,853 84% $4.05 357 1,673 49% $4.05 590 2,925 86% $4.50 634 2,825 83% $6.75 570 2,732 80% 1900-2000 $3.95 425 1,720 51% $3.95 321 1,158 34% $3.95 686 2,770 81% $5.75 676 2,568 76% $6.25 743 2,583 76% Monday 12/20121 Tuesday 12121121 Wednesday 12122121 Thursday 12123121 Friday 12124121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 $5.30 476 2,938 86% $5.30 435 2,790 82% $5.30 442 3,060 90% $8.35 538 2,607 77% $620 672 2,119 62% 1500 - 1600 $5.65 503 2,881 85% $4.75 498 3,069 90% $7.45 547 2,808 83% $7.90 578 2,543 75% 56.20 750 2,064 61% 1600-1700 $4.35 460 3,000 88% $4.50 487 3,238 95% $6.50 392 2,536 75% $7.45 486 2,458 72% $6.20 781 2,026 60% 1700 - 1800 $4.95 412 2,486 73% 94.90 417 2,353 69% $5.40 510 2,878 85% $6.75 473 2,053 60% $6.20 750 1,936 57% 1800-1900 $5.65 645 2,674 79% $4.05 646 2,658 78% $4.05 626 2,846 84% $6.75 468 1,712 50% $6.20 319 912 27% 1900-2000 $3.95 631 2,256 66% $3.95 642 2,459 72% $3.95 586 2,092 62% $6.25 425 1,363 40% $6.20 698 1,628 48% Monday 12127121 Tuesday 12128121 Wednesday 12129121 Thursday 12130121 Friday 12131121 PM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 1400-1500 $5.30 484 2,514 74% 05.30 518 2,511 74% $5.30 467 2,550 75% $8.35 463 2,282 67% $5.30 453 1,549 46% 1500-1600 $5.65 494 2,252 66% $4.75 541 2,581 76% $7.45 498 2,250 66% $7.90 487 2,203 65% $5.30 480 1,632 48% 1600-1700 $4.35 536 2,672 79% 54.50 535 3,145 93% $6.50 371 2,097 62% 67.45 348 1,807 53% $5.30 443 1,458 43% 1700- 1800 $4.95 427 2,089 61% $4.90 473 2,372 70% 65.40 418 1,958 58% $6.75 400 1,715 50% $5.30 505 1,475 43% 1800 - 1900 $5.65 454 1,581 47% $4.05 551 1,966 58% $4.05 503 1,878 55% $6.75 399 1,381 41% $5.30 513 1,267 37% 1900-2000 $3.95 331 1,085 32% $3.95 479 1,343 40% $3.95 344 1,107 33% $6.25 345 1,062 31% $4.80 371 908 27% &Express AI Lanes 6 • • • OCTA WESTBOUND PEAK -HOUR VOLUMES Monday 11129121 Tuesday 11130121 Wednesday 12101121 Thursday 12102121 Friday 12103121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 03.15 513 1,616 48% $3.15 511 1,645 48% $3.15 446 1,418 42% 0500-0600 $5.10 700 2,757 81% $5.10 733 2,812 83% $4.85 703 2,625 77% 0600 - 0700 $5.30 639 2,696 79% $5.30 630 2,743 81% $5.10 576 2,495 73% 0700 - 0800 $5.80 531 2,542 75% $5.80 539 2,521 74% $5.65 487 2,272 67% 0800 - 0900 $5.30 287 2,247 66% $5.30 309 2,433 72% $5.10 290 2,157 63% 0900 - 1000 $4.20 327 2,451 72% $4.20 327 2,481 73% $4.20 251 1,829 54% Monday 12/06121 Tuesday 12107121 Wednesday 12108121 Thursday 12109121 Friday 12110121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $3.15 466 1,626 48% $3.15 460 1,526 45% $3.15 498 1,677 49% 53.15 475 1,582 47% 53.15 424 1,503 44% 0500-0600 $5.10 727 2,734 80% $5.10 722 2,586 76% $5.10 714 2,746 81% $5.10 692 2,683 79% $4.85 684 2,635 78% 0600-0700 $5.30 602 2,643 78% $5.30 594 2,520 74% $5.30 612 2,729 80% $5.30 603 2,483 73% $5.10 602 2,538 75% 0700-0800 $5.80 534 2,540 75% $5.80 531 2,610 77% $5.80 552 2,700 79% $5.80 462 2,129 63% $5.65 466 2,233 66% 0800-0900 $5.30 300 2,391 70% $5.30 289 2,562 75% $5.30 312 2,602 77% $5.30 284 2,177 64% $5.10 319 2,215 65% 0900-1000 $4.20 311 2,398 71% $4.20 311 2,727 80% 94.20 319 2,532 74% $4.20 276 2,167 64% $4.20 304 2,286 67% Monday 12113121 Tuesday 12114121 Wednesday 12115121 Thursday 12116121 Friday 12117121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $3.15 498 1,631 48% S3.15 493 1,456 43% $3.15 464 1,497 44% S3.15 450 1,455 43% $3.15 390 1,270 37% 0500-0600 $5.10 696 2,787 82% $5.10 641 2,397 71% $5.10 736 2,788 82% $5.10 705 2,722 80% $4.85 634 2,550 75% 0600-0700 $5.30 606 2,493 73% $5.30 398 1,632 48% 95.30 574 2,486 73% $5.30 589 2,571 76% $5.10 595 2,477 73% 0700-0800 $5.80 505 2,483 73% $5.80 427 1,869 55% $5.80 523 2,520 74% $5.80 486 2,470 73% $5.65 447 2,185 64% 0800-0900 95.30 287 2,152 63% $5.30 264 2,066 61% $5.30 294 2,377 70% $5.30 312 2,387 70% $5.10 312 2,209 65% 0900-1000 $4.20 306 2,260 66% $4.20 271 1,895 56% $4.20 317 2,449 72% $4.20 315 2,489 73% $4.20 363 2,333 69% Monday 12120121 Tuesday 12121/21 Wednesday 12122121 Thursday 12123121 Friday 12124/21 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400-0500 $3.15 417 1,466 43% $3.15 414 1,378 41% $3.15 378 1,256 37% $3.15 258 885 26% $1.75 107 333 10% 0500-0600 $5.10 663 2,662 78% $5.10 688 2,554 75% $5.10 680 2,517 74% $4.85 469 1,812 53% $1.75 89 315 9% 0600-0700 $5.30 389 2,329 69% $5.30 420 2,300 68% $5.30 402 2,101 62% $5.10 314 1,486 44% $1.75 78 363 11% 0700 - 0800 $5.80 343 2,108 62% $5.80 347 2,053 60% $5.80 356 1,938 57% $5.65 230 1,283 38% $1.75 99 473 14% 0800 - 0900 $5.30 337 2,245 66% $5.30 344 1,948 57% $5.30 306 1,858 55% $5.10 253 1,617 48% $3.15 175 849 25% 0900-1000 $4.20 412 2,400 71% $4.20 374 2,135 63% $4.20 382 2,316 68% $4.20 345 1,795 53% $3.30 313 1,264 37% Monday 12/27121 Tuesday 12128121 Wednesday 12129121 Thursday 12130121 Friday 12131121 AM Time Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. Price HOV Vol. Cap. 0400 - 0500 $3.15 301 915 27% $3.15 346 1,073 32% $3.15 279 867 26% $3.15 249 728 21% $1.75 76 202 6% 0500-0600 $5.10 415 1,604 47% $5.10 512 1,914 56% $5.10 437 1,447 43% $4.85 364 1,195 35% $1.75 111 371 11% 0600-0700 $5.30 234 1,213 36% $5.30 286 1,450 43% $5.30 239 1,153 34% $5.10 225 998 29% $1.75 94 385 11% 0700 - 0800 $5.80 191 1,060 31% $5.80 244 1,247 37% $5.80 201 1,088 32% $5.65 211 1,093 32% $1.75 111 491 14% 0800-0900 $5.30 191 1,169 34% $5.30 250 1,459 43% $5.30 212 1,214 36% $5.10 165 1,053 31% $1.75 136 659 19% 0900-1000 $4.20 241 1,250 37% $4.20 349 1,591 47% $4.20 250 1,261 37% $4.20 207 1,157 34% $3.15 238 915 27% i, Express n 5S 7 OCTA OPERATIONAL HIGHLIGHTS 91 Express Lanes Back -Office System (BOS) Development Update In February 2021, Cofiroute USA, LLC (CUSA) notified OCTA and the Riverside County Transportation Commission (RCTC) of a delay to the implementation of the new BOS for the 91 Express Lanes for both Orange and Riverside counties as a result of the COVID-19 pandemic. CUSA is the current operator of the 91 Express Lanes for both OCTA and RCTC (Agencies) and is the firm selected for the design, development, and implementation of the new BOS, as well as the customer service center operation. To address the potential delay of transitioning to the new operating agreement, in October 2019, an amendment to the existing operating agreement was executed which allowed for six one -month extension periods, from July 1, 2021 through December 31, 2021. In anticipation the transition will not occur by December 31, in October 2021, both the Agencies Board of Directors approved a subsequent amendment which allowed for three one -month extensions, commencing January 1, 2022 through March 31, 2022. In December, the Agencies provided notice to CUSA that the first extension period, commencing January 1, 2022 through January 31, 2022 will be exercised. The Agencies intend to exercise the one -month options until the transition to the new contract occurs, which is anticipated for early March 2022. 91 Express Lanes Toll Entrance Gantries Infrastructure Project Update OCTA entered into an agreement with the California Department of Transportation (Caltrans) to provide construction and construction management services for the 91 Express Lanes Toll Entrance Gantries Infrastructure Project. This project entails constructing new toll gantries infrastructure at the three entrances (northbound State Route 55, eastbound State Route 91, and westbound State Route 91) of the OCTA 91 Express Lanes. Caltrans advertised and awarded the project in March 2021 and May 2021, respectively. In June, the contract was executed, and the project kickoff meeting was held in July. Pre -construction activities began in August and was followed with construction activities, which commenced in September. In December, staff was notified of a drainage conflict with where the new westbound State Route 91 gantry was to be installed. Staff is working with the plans, specifications, and estimates consultant and Caltrans to address the issue. The project is anticipated to be completed in early 2022. During the construction period, overnight closures and possibly, a few full weekend closures, will occur. Upon completion of the infrastructure project, Kapsch TrafficCom USA, Inc., the toll lanes system integrator for the 91 Express Lanes, will install new Electronic Toll and Traffic Management (ETTM) system equipment onto the new gantries. • Express i Lanes 8 0 • • • FINANCIAL HIGHLIGHTS OCTA • • 91 Express Lanes Operating Statement YTD as of : 12/31/2021 YTD Variance Description Actual") Budget (f) Dollar $ Percent ro) Operating revenues: Toll Revenue S 28,114,058.36 $ 20,586,194.00 $ 7,527,864.36 36 6 Fee Revenue 3.158 641.60 1 363-264 00 1.795 377 60 131.7 Total operating revenues 31 272 699 96 21 949 458 00 9 323 241 96 42 5 Operating expenses: Contracted Services 3,338,066.29 3,835,968-00 497,901.71 13.0 Administrative Fee 1,351,974.00 1,560.876-00 208,902.00 13.4 Other Professional Services 250.686.18 1,880_880.00 1,630,193.82 86.7 Credit Card Processing Fees 640,680.96 579,150.00 (61.530.96) (10.6) Toll Road Account Servicing 273.194.72 501.700-00 228.505.28 45.5 Other Insurance Expense 230.165.76 124.950-00 (105,215.76) (84.2) Toll Road Maintenance Supply Repairs 388,789.36 1,444,960.00 1,056,170.64 73.1 Patrol Services 436,978.56 549.780.00 112,801.44 20.5 Building Equipment Repairs and Maint 219.137.02 399,197.00 180,059.98 45.1 6C Transponders - 37,500.00 37,500.00 100.0 Other Services ifi (779.875.00) 506,000.00 1,285,875.00 254.1 Utilities 34,471.63 32.496.00 (1.975.63) (6.1) Office Expense - 135,234.00 135,234.00 100.0 Bad Debt Expense 54,955.05 - (54,955.05) N/A Miscellaneous l`'3 16,338.32 91,392.00 75,053.68 82.1 Leases 206,106.74 247,404.00 41,297.26 16.7 Total operating expenses 6,661,669.59 r 11,927,487.00 r 5.265.817.41 44.1 Depreciation and Amortization '-> 1,618,140.60 - (1.618,140.60) N/A Operating income (loss) 22.992.889.77 10,021,971.00 12.970,918-77 1 129.4 Nonoperating revenues (expenses): Reimbursement from Other Agencies 116,277.21 - 116,277.21 N/A Interest Income 1,356,328.64 860,118.00 496,210.64 57.7 Interest Expense (1,993,537.34)' (2,022,413-00) 28,875.66 r 1.4 Other 729120 - 7,291.20 N/A Total nonoperating revenues (expenses) (513,640.29) (1.162,295.00) 648,654.71 55.8 Transfers In - - - N/A Transfers Out :4 (4.563,101.46) (3.092.644.00) (1,470,457.46) (47.5) Net income (loss)) S 17,916,148.02 S 5,767,032.00 S 12,149,116.02 210.7 'Actual amounts are accounted for on the accrual basis of accounting in an enterprise fund. Budget amounts are accounted for on a modified accrual basis of accounting. 'Miscellaneous expenses include: Bond Insurance Costs, Bank Service Charge, Transponder 11 aterials. 'Depreciation and amortization are not budgeted items. 'Transfers Out: For 1.12 Project I and Project J expense reimbursements. 'Litigation settlement was accrued, the negative will be offset once the litigation payment is issued. Capital Asset Activity During the six months ending December 31, 2021, capital asset activities included payment of $364,399 attributing to the ETTM system project. tilloill?Express Lanes 9 OPERATIONS OVERVIEW RCTC TRAFFIC AND REVENUE STATISTICS FOR RCTC Total traffic volume on the 91 Express Lanes for December 2021 was 1,397,838. This represents a daily average of 45,092 vehicles. This is a 53 percent increase in total traffic volume from the same period last year, which totaled 913,325 and was the tenth month of the State of California's stay-at-home orders due to the COVID-19 pandemic. Potential toll revenue for December was $5,220,309, which represents an increase of 66 percent from the prior year's total of $3,144,150. Carpool percentage for December was 22.8 percent as compared to the previous year's rate of 20.1 percent. As compared to December 2019, traffic volume increased by 11.4 percent, and revenue decreased by 1.1 percent. MTD traffic and revenue data is summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the RCTC 91 Express Lanes and associated potential revenue for the month of December 2021. Current MTD as of December 31, 2021 Trips DEC -21 MTD Actual Stantec MTD Projected # Variance % Variance Dec -20 MTD Actual Yr-to-Yr % Variance Dec -19 MTD Actual Yr 21-to-Yr 19 Variance Full Toll Lanes 1,079,651 852,714 226,937 26.6% 729,424 48.0% 945,151 14.2% 3+ Lanes 318,187 331,486 13,299) (4 0%) 183,901 73.0% 309,435 2.8% Total Gross Trips 1,397,838 1,184,200 213,638 18.0% 913,325 53.0% 1,254,586 11.4% Revenue Full Toll Lanes $5,178,614 $3,722,886 $1,455,729 39.1% $3,109,143 66.6% $5,238,975 3+ Lanes $41,695 $0 $41,695 5" A $35,008 19.1% $38,169 9.2% Total Gross Revenue $5,220,309 $3,722,886 $1,497,423 40.2% $3,144,150 66.0% $5,277,144 (1.1%) Average Revenue per Trip Average Full Toll Lanes $4.80 $4.37 $0.43 9.8% $4.26 12.7% $5.54 Average 3+ Lanes $0.13 $0.00 $0.13 ' ... $0.19 i 31 6%` $0.12 8.3% Average Gross Revenue $3.73 $3.14 $0.59 18.8% $3.44 8.4% $4.21 (11.4%) Express 1 Lanes 10 • • • • • • The 2021 fiscal YTD traffic volume increased by 47.7 percent and potential toll revenue increased by 59.8 percent, when compared with the same period last year. YTD average revenue per -trip is $3.68. Fiscal year-to-date traffic and revenue data are summarized in the table below. The following trip and revenue statistics tables represent all trips taken on the RCTC 91 Express Lanes and associated potential revenue for the months of July 2021 through December 2021. FY 2020-21 YTD as of December 31, 2021 Trips FY 2021-22 YTD Actual Stantec YTD Projected # Variance % Variance FY 2020-21 YTD Actual Yr-to-Yr Variance Full Toll Lanes 6,817,040 5,618,300 1,198,740 21.3% 4,651,371 46.6% 3+ Lanes 1,856,354 1,992,657 '-6 3Q° :' a°t ' 1,221,292 52.0% Total Gross Trips 8,673,394 7,610,957 1,062,437 14.0% 5,872,663 47.7% Revenue Full Toll Lanes $31,665,898 $24,293,257 $7,372,641 30.3% $19,760,008 60.3% 3+ Lanes $243,753 $0 $243,753 %//,%//.%: $214,063 13.9% Total Gross Revenue $31,909,651 $24,293,257 $7,616,394 31.4% $19,974,070 59.8% Average Revenue per Trip Average Full Toll Lanes $4.65 $4.32 $0.33 7.6% $4.25 9.4% Average 3+ Lanes $0.13 $0.00 $0.13r AN $0.18 (27 8%) Average Gross Revenue $3.68 $3.19 $0.49 15.4% $3.40 8.2% • Express I Lanes 11 RCTC Traffic and Revenue Summary The chart below reflects the total trips broken down between full toll lanes and HOV3+ lanes for FY 2021-22 on a monthly basis. The chart below reflects the gross potential revenue breakdown between full toll lanes and HOV3+ lanes for FY 2021-22 on a monthly basis. • Express t Lanes Jul -21 Aug -21 Sep -21 Oct -21 Nov -21 Dec -21 Jan -22 Feb -22 Mar -22 Apr -22 May -22 Jun -22 Month 12 • • • RCTC PEAK -HOUR VOLUMES In December, no toll rates were adjusted. RCTC evaluates traffic volumes for peak -period hours and adjusts rates according to the toll rate policy. RCTC EASTBOUND PEAK -HOUR VOLUMES Eastbound PM Peak - County Line to McKinley Monday 11129121 Tuesday 11130121 Wednesday 12101121 Thursday 12102121 Friday 12103/21 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400. 1500 $9.15 152 1076 1,228 E $12.25 168 1,081 1,249 E 526 80 181 789 970 C 1500. 1600 $13.55 207 865 1,072 D $16.60 243 899 1,142 D $26.50 272 979 1,251 E 1600. 1700 $7.05 181 897 1,078 D $8.45 179 902 1,081 D $15.60 247 990 1,237 E 1700. 1800 $5.45 178 875 1,053 D $5.45 203 918 1,121 D $7.40 245 890 1,135 D 1800. 1900 $5.45 234 863 1,097 D $5.45 233 863 1,096 D $5.45 270 893 1,163 D 1900.2000 $4.25 280 834 1,114 D 9545 224 886 1,110 D $4.25 265 741 1,006 D Monday 12106121 Tuesday 12107121 Wednesday 12108121 Thursday 12109121 Friday 12110121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $5.45 188 1,080 1,268 E $7.05 171 1,098 1,269 E $9.15 175 1,062 1,237 E $12.25 199 1,009 1,208 E $26.80 266 1,112 1,378 F 1500. 1600 $8.45 208 901 1,109 D $10.50 204 952 1,156 D $13.55 185 1,002 1,187 D $16.60 200 840 1,040 D $26.50 231 1,004 1,235 E 1600. 1700 $7.05 171 947 1,118 D $5.45 161 920 1,081 D $7.05 191 1,000 1,191 D $8.45 190 897 1,087 D $15.60 249 1,021 1,270 E 1700. 1800 $5.45 217 904 1,121 D $5.45 206 915 1,121 D $5.45 218 886 1,104 D $5.45 155 894 1,049 D $7.40 244 900 1,144 D 1800. 1900 $5.45 272 881 1,153 D $5.45 223 876 1,099 D $5.45 262 879 1,141 D $5.45 224 711 935 C $5.45 290 928 1,218 E 1900.2000 $2.30 232 639 871 C $4.25 210 718 928 C $4.25 194 711 905 C $5.45 172 528 700 B $4.25 294 823 1,117 D Monday 12/13121 Tuesday 12114/21 Wednesday 12115121 Thursday 12116121 Friday 12/17121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $5.45 202 1,053 1,255 E $7.05 168 767 935 C $9.15 170 1,070 1,240 E $12.25 179 1,040 1,219 E $26.80 254 1,045 1,299 E 1500.1600 $8.45 242 932 1,174 D $10.50 180 664 844 C $13.55 200 954 1,154 D $16.60 227 924 1,151 D $26.50 285 1,052 1,337 F 1600. 1700 97.05 190 927 1,117 D $5.45 165 725 890 C $7.05 180 942 1,122 D $8.45 222 978 1,200 D $15.60 289 1,006 1,295 E 1700. 1800 $5.45 211 943 1,154 D $5.45 129 641 770 B $5.45 179 907 1,086 D $5.45 139 917 1,056 D $7.40 236 933 1,169 D 1800. 1900 $5.45 288 910 1,198 D $5.45 138 479 617 B $5.45 225 879 1,104 D $5.45 241 889 1,130 D $5.45 263 910 1,173 D 1900.2000 $2.30 226 621 847 C $4.25 104 326 430 B $4.25 263 838 1,101 0 $5.45 303 844 1,147 D $4.25 337 904 1,241 E Monday 12120121 Tuesday 12121121 Wednesday 12122/21 Thursday 12/23121 Friday 12124121 PM limo Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400.1500 $5.45 262 1,059 1,321 F $7.05 221 1,096 1,317 F $9.15 214 990 1,204 E $26.80 241 755 996 C $5.45 310 635 945 C 1500.1600 $8.45 245 944 1,189 D $10.50 213 966 1,179 D $13.55 268 954 1,222 E $26.50 250 768 1,018 D $2.30 343 617 960 C 1600. 1700 $7.05 193 950 1,143 D $5.45 212 1,013 1,225 E $7.05 223 995 1,218 E 515.60 258 813 1,071 D $2.30 360 695 1,055 D 1700 - 1800 $5.45 204 873 1,077 D $5.45 210 888 1,098 D $5.45 211 955 1,166 D $7.40 234 783 1,017 D $2.30 350 602 952 C 1800. 1900 $5.45 284 840 1,124 D $5.45 261 805 1,066 D $5.45 265 861 1,126 D $5.45 244 668 912 C $2.30 184 331 515 B 1900.2000 $2.30 261 746 1,007 D $4.25 261 813 1,074 D $4.25 255 748 1,003 D $4.25 190 461 651 B $2.30 314 555 869 C Monday 12127121 Tuesday 12128121 Wednesday 12129121 Thursday 12/30121 Friday 12/31/21 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400 - 1500 $5.45 242 965 1,207 E $7.05 283 967 1,250 E $9.15 233 878 1,111 D $26.80 197 740 937 C $1.60 225 612 837 C 1500.1600 $8.45 234 799 1,033 D $10.50 241 718 959 C $13.55 219 706 925 C $26.50 230 644 874 C $1.60 230 602 832 C 1600-1700 $7.05 218 750 968 C $5.45 273 913 1,186 D $7.05 179 675 854 C $15.60 182 644 826 C $1.60 232 510 742 B 1700-1800 $5.45 189 737 926 C $5.45 252 873 1,125 D $5.45 185 644 829 C $7.40 178 618 796 B $1.60 257 480 737 B 1800.1900 $5.45 na 577 805 C $5.45 268 606 874 C $5.45 235 570 805 C $5.45 163 446 609 B $1.60 242 421 663 B 1900.2000 $2.30 141 395 536 B $4.25 195 367 562 B $4.25 154 349 503 B $4.25 120 310 430 B $1.60 193 275 468 B �, Liman ss 13 - County Line to 15 SB Ontario Monday 11129121 Tuesday 11130121 Wednesday 12101121 Thursday 12102121 Friday 12103121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 $5.45 106 803 909 C $5.45 102 759 861 C $5.45 98 537 635 B 1500-1600 $5.45 120 637 757 B $5.45 98 659 757 B $5.45 139 617 756 B 1600.1700 $5.45 95 624 719 B $545 117 602 719 B $3.00 142 601 743 8 1700-1800 $3.00 109 580 689 B $3.00 98 622 720 8 $3.00 131 586 717 B 1800-1900 $3.00 127 626 753 B $3.00 124 619 743 B $3.00 148 566 714 B 1900.2000 $3.00 173 636 809 C $3.00 143 629 772 B $3 00 154 496 650 B Monday 12/06/21 Tuesday 12107121 Wednesday 12/08121 Thursday 12109121 Friday 12110/21 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 $5.45 101 751 852 C $5.45 86 736 822 C $5.45 119 701 820 C $5.45 126 719 845 C $5.45 114 680 794 B 1500-1600 $5.45 109 611 720 B $5.45 93 671 764 B $5.45 89 693 782 B $5.45 90 659 749 B $5.45 111 558 669 B 1600.1700 $3.00 93 605 698 B $5.45 78 627 705 B $5.45 85 638 723 B $5.45 91 557 648 B $3.00 119 613 732 B 1700-1800 $3.00 131 568 699 B $3.00 87 602 689 B $3.00 109 595 704 B $3.00 89 566 655 8 $3.00 139 627 766 B 1800-1900 $3.00 147 631 778 B $3.00 135 613 748 B $3.00 126 598 724 B $3.00 117 499 616 B $3.00 133 531 664 B 1900-2000 $3.00 145 472 617 B $3.00 147 568 715 B $3.00 131 521 652 B $3.00 104 411 515 B $3.00 168 518 686 B Monday 12113121 Tuesday 12114121 Wednesday 12115121 Thursday 12/16121 Friday 12117121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400 - 1500 $5.45 133 740 873 C $5.45 99 601 700 B $5.45 102 780 882 C $5.45 119 737 856 C $5.45 138 677 815 C 1500.1600 $5.45 104 594 698 B $5.45 118 548 666 B $5.45 112 732 844 C $5.45 118 657 775 B $5.45 139 598 737 B 1600-1700 $3.00 91 651 742 B $5.45 93 515 608 B $5.45 86 621 707 B $5.45 115 585 700 B $3.00 125 625 750 B 1700 - 1800 $3.00 118 557 675 B $3.00 71 439 510 B $3.00 107 613 720 B $3.00 81 577 658 B $3.00 127 546 673 B 1800-1900 $3.00 132 576 708 B $3.00 95 378 473 B $3.00 127 631 758 8 $3.00 111 600 711 B $3 00 135 548 683 B 1900.2000 $3 00 140 485 625 B $3.00 66 265 331 A $3.00 158 708 866 C $3.00 188 606 794 B 93.00 182 562 744 B Monday 12120121 Tuesday 12121121 Wednesday 12/22/21 Thursday 12123/21 Friday 12124/21 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS 1400. 1500 $5.45 139 740 879 C $5.45 140 750 890 C $5.45 144 746 890 C $5 45 151 550 701 B $3.00 190 517 707 B 1500-1600 $5.45 139 672 811 C $5.45 112 721 833 C $5.45 121 670 791 B $5.45 134 484 618 B $3.00 202 472 674 B 1600-1700 $3.00 112 622 734 B $5.45 116 623 739 B $5.45 108 563 671 B $3.00 167 477 644 B $3.00 227 463 690 B 1700-1800 $3.00 118 567 685 B $3.00 136 586 722 B $3.00 124 591 715 B $3.00 155 480 635 B $3.00 230 372 602 B 1800-1900 $3.00 162 563 725 B $3.00 146 562 708 B $3.00 185 642 827 C $3.00 128 428 556 B $3.00 138 207 345 A 1900-2000 $3.00 182 585 767 B $3.00 198 605 803 C $3.00 186 532 718 B $3.00 118 304 422 B $3.00 273 386 659 B Monday 12127121 Tuesday 12128121 Wednesday 12129121 Thursday 12130121 Friday 12131121 PM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 1400-1500 $5.45 157 566 723 B $5.45 159 695 854 C $5.45 145 608 753 8 $5.45 150 495 645 8 $2.00 124 340 464 B 1500-1600 $5.45 125 530 655 B $5.45 126 547 673 B $5.45 129 533 662 B $5.45 127 418 545 B $2.00 145 372 517 B 1600 - 1700 $3.00 119 513 632 B $5.45 171 607 778 B $5.45 109 410 519 B $3.00 109 404 513 B $2.00 119 304 423 B 1700 - 1800 $3.00 121 471 592 B $3.00 135 558 693 B $3.00 106 425 531 B $3.00 98 385 483 B $2.00 119 288 407 8 1800-1900 $3.00 123 405 528 B $3.00 157 480 637 8 $3.00 133 399 532 B $3.00 90 320 410 B $2.00 138 231 369 A 1900-2000 $3.00 102 256 358 A $3.00 148 292 440 B $3.00 109 264 373 A $3.00 103 235 338 A $2.00 117 202 319 A Express II Lanes 14 • • • RCTC WESTBOUND PEAK -HOUR VOLUMES Westbound AM Peak - McKinlevto County Line Monday 11129121 Tuesday 11130121 Wednesday 12101121 Thursday 12102121 Friday 12103121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 $2.30 248 614 862 C $2.30 199 657 856 C $2-30 201 544 745 B 0500 - 0600 $11.20 343 1200 1,543 F $9.45 363 1,201 1,564 F $5.45 391 1,229 1,620 F 0600 - 0700 018.30 325 1089 1,414 F $17.30 275 1,108 1,383 F $10.45 335 1,024 1,359 F 0700 - 0800 $14.30 346 1199 1,545 F $13.30 307 1,403 1,710 F $9.40 340 1,108 1,448 F 0800.0900 $10.40 203 1186 1,389 F $9.40 216 1,360 1,576 F $5.45 189 1,108 1,297 E 0900.1000 $7.05 189 1217 1,406 F $7.05 184 1,112 1,296 E $4.25 151 847 998 C Monday 12106121 Tuesday 12/07/21 Wednesday 12/08121 Thursday 12109121 Friday 12110121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 $2.30 216 602 818 C $2.30 232 651 883 C S2.30 232 708 940 C 92.30 227 600 827 C 92.30 223 592 815 C 0500.0600 $11.20 380 1,169 1,549 F $11.20 392 1,071 1,463 F $11.20 373 1,273 1,646 F $9.45 403 1,183 1,586 F $5.45 395 1,201 1,596 F 0600.0700 $17.30 342 1,044 1,386 F $18.30 341 1,012 1,353 F $18.30 332 1,157 1,489 F $17.30 305 996 1,301 E $10.45 337 1,127 1,464 F 0700.0800 $14.30 348 1,253 1,601 F $14.30 336 1,226 1,562 F $14.30 345 1,318 1,663 F $13.30 316 1,111 1,427 F $9.40 336 1,142 1,478 F 0800.0900 $9.40 233 1,363 1,596 F $10.40 172 1,424 1,596 F $10.40 220 1,457 1,677 F $9.40 200 1,166 1,366 F $5.45 195 1,119 1,314 E 0900.1000 $5.45 175 1,184 1,359 F $7.05 169 1,221 1,390 F $7.05 150 1,212 1,362 F $7.05 134 919 1,053 D $4.25 164 917 1,081 D Monday 12/13121 Tuesday 12114121 Wednesday 12115121 Thursday 12/16121 Friday 12117121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 $2.30 229 628 857 C $2.30 238 531 769 B $2.30 225 568 793 B 9230 224 541 765 B 92.30 218 526 744 B 0500.0600 $11.20 384 1,241 1,625 F $11.20 299 1,038 1,337 E $11.20 391 1,186 1,577 F $9.45 430 1,192 1,622 F $5.45 395 1,170 1,565 F 0600.0700 $17.30 332 1,009 1,341 E $18.30 289 883 1,172 D $18.30 338 1,011 1,349 E $17.30 338 1,015 1,353 F $10.45 334 1,024 1,358 F 0700.0800 $14.30 301 1,377 1,678 F $14.30 332 999 1,331 E $14.30 387 1,267 1,654 F $13.30 351 1,277 1,628 F $9.40 342 1,108 1,450 F 0800.0900 $9.40 216 1,195 1,411 F $10.40 171 1,167 1,338 E $10.40 209 1,416 1,625 F $9.40 223 1,343 1,566 F $5.45 224 1,188 1,412 F 0900.1000 $5.45 183 988 1,171 D $7.05 141 841 982 C $7.05 195 1,289 1,484 F $7.05 196 1,195 1,391 F $4.25 188 949 1,137 D Monday 12120121 Tuesday 12121121 Wednesday 12122121 Thursday 12123121 Friday 12124121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 $2.30 213 599 812 C $2.30 192 552 744 B $2.30 201 531 732 B $2.30 110 428 538 B $1.60 29 49 78 A 0500.0600 $11.20 333 1,223 1,556 F $11.20 394 1,159 1,553 F $11.20 386 1,088 1,474 F $5.45 222 873 1,095 D $1.60 38 68 106 A 0600.0700 $17.30 221 1,051 1,272 E $18.30 267 958 1,225 E $18.30 238 918 1,156 D $10.45 138 634 772 B $1.60 26 107 133 A 0700.0800 $14.30 196 1,224 1,420 F $14.30 241 1,054 1,295 E $14.30 200 1,027 1,227 E $9.40 121 705 826 C 61.60 57 195 252 A 0800.0900 $9.40 182 1,247 1,429 F $10.40 210 980 1,190 0 $10.40 209 880 1,089 D $5.45 127 738 865 C $1.60 88 270 358 A 0900.1000 $5.45 217 1,029 1,246 E $7.05 193 788 981 C $7.05 207 833 1,040 D $4.25 185 663 848 C $1.60 109 352 461 B Monday 12127121 Tuesday 12128121 Wednesday 12129121 Thursday 12130121 Friday 12131121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 52.30 154 351 505 B $2.30 185 406 591 B $2.30 145 293 438 B $2.30 121 261 382 A $1.60 26 50 76 A 0500.0600 $11.20 233 658 891 C $11.20 281 695 976 C $11.20 239 567 806 C $5.45 177 448 625 B $1.60 49 123 172 A 0600.0700 $17.30 147 511 658 B $18.30 172 574 746 B $18.30 135 451 586 B $10.45 104 378 482 B $1.60 53 165 218 A 0700-0800 $14.30 120 533 653 B $14.30 171 573 744 B $14.30 130 535 665 B $9.40 124 509 633 B $1.60 57 200 257 A 0800-0900 $9.40 88 596 684 B $10.40 129 603 732 B $10.40 95 527 622 B $5.45 108 475 583 B $1.60 78 250 328 A 0900-1000 $5.45 124 501 625 B $7.05 157 589 746 B $7.05 107 477 584 B $4.25 118 429 547 5 $1.60 129 326 455 B tilloiExpreLa SS 15 ___ Monday 11129121 Tuesday 11130121 Wednesday 12101121 Thursday 12102121 Friday 12103121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400.0500 $3.00 177 524 701 B 5300 167 535 702 B 93.00 133 425 558 8 0500 - 0600 57.00 253 1,240 1,493 F $7.00 234 1,217 1,451 F $5.45 255 1,048 1,303 E 0600 - 0700 $9.00 281 1,254 1,535 F 59.00 241 1,354 1,595 F 97.00 242 1,090 1,332 E 0700-0800 $9.00 204 1,151 1,355 E 89.00 189 1,135 1,324 E 57.00 188 978 1,166 D 0800.0900 $7.00 118 1,064 1,182 D 97.00 123 1,139 1,262 E $5.45 135 954 1,089 0 0900 - 1000 $5.45 121 877 998 C $5.45 138 929 1,067 D 93.00 86 701 787 B Monday 12106121 Tuesday 12107121 Wednesday 12108121 Thursday 12109121 Friday 12110121 AM Time Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 $3.00 179 583 762 B $3.00 180 552 732 B $3.00 156 563 719 B $3.00 169 524 693 B 93.00 136 475 611 B 0500 •0600 $7.00 283 1,138 1,421 F 97.00 271 1,127 1,398 E 97.00 248 1,214 1,462 F 97.00 276 1,094 1,370 E $5.45 240 1,054 1,294 E 0600.0700 99.00 276 1,223 1,499 F $9.00 306 1,193 1,499 F 99.00 246 1,278 1,524 F $9.00 265 1,139 1,404 F 97.00 271 1,067 1,338 E 0700 - 0800 99.00 248 1,135 1,383 E $9.00 205 1,224 1,429 F $9.00 193 1,254 1,447 F 59.00 197 995 1,192 D 97.00 192 958 1,150 D 0800 -0900 $7.00 139 1,061 1,200 D $7.00 87 1,170 1,257 E 97.00 122 1,117 1,239 E $7.00 120 995 1,115 D $5.45 140 857 997 C 0900-1000 $5.45 124 881 1,005 D 95.45 130 1,135 1,265 E $5.45 155 960 1,115 D $5.45 113 908 1,021 D 53.00 125 841 966 C Monday 12113121 Tuesday 12114121 Wednesday 12115121 Thursday 12/16121 Friday 12/17121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 $3.00 192 552 744 B $3.00 155 474 629 B 93.00 162 551 713 B 53.00 154 523 677 B 93.00 141 474 615 B 0500 -0600 $7.00 250 1,186 1,436 F 97.00 208 1,032 1,240 E $7.00 263 1,192 1,455 F $7.00 260 1,144 1,404 F 95.45 241 1,053 1,294 E 0600 - 0700 $9.00 264 1,177 1,441 F $9.00 263 1,046 1,309 E $9.00 288 1,164 1,452 F $9.00 280 1,256 1,536 F $7.00 247 992 1,239 E 0700.0800 99.00 176 1,140 1,316 E $9.00 188 947 1,135 D 99.00 217 1,137 1,354 E S9.00 206 1,228 1,434 F 97.00 188 998 1,186 D 0800 -0900 57.00 122 952 1,074 D 97.00 114 848 962 C $7.00 133 1,164 1,297 E $7.00 129 1,076 1,205 E $5.45 128 914 1,042 D 0900.1000 $5.45 124 874 998 C 95.45 98 661 759 B $5.45 124 1,008 1,132 D $5.45 124 924 1,048 D $3.00 116 766 882 C Monday 12120121 Tuesday 12121121 Wednesday 12122/21 Thursday 12123/21 Friday 12124121 AM Time Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 93.00 145 549 694 B $3.00 162 482 644 B S3.00 136 457 593 B $3.00 72 335 407 B 92.00 23 71 94 A 0500-0600 87.00 205 1,122 1,327 E 57.00 238 1,095 1,333 E $7.00 242 996 1,238 E 95.45 113 710 823 C 92.00 38 119 157 A 0600 - 0700 99.00 147 1,133 1,280 E $9.00 168 1,083 1,251 E $9.00 141 936 1,077 D $7.00 90 685 775 B 92.00 39 148 187 A 0700-0800 $9.00 118 952 1,070 D $9.00 148 961 1,109 D $9.00 119 879 998 C $7.00 95 624 719 B 92.00 36 166 202 A 0800-0900 57.00 114 922 1,036 D 97.00 143 909 1,052 D $7.00 116 809 925 C $5.45 113 630 743 B 92.00 58 236 294 A 0900-1000 $5.45 166 772 938 C $5.45 139 872 1,011 D $5.45 159 771 930 C $3 00 137 610 747 B 92.00 119 319 438 0 Monday 12127121 Tuesday 12128121 Wednesday 12129121 Thursday 12130121 Friday 12131121 AM Time Price HOV SOV Vol. LOS Price NOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS Price HOV SOV Vol. LOS 0400-0500 $3.00 114 332 446 B $3.00 140 363 503 B 93.00 104 303 407 B $3.00 85 222 307 A 92.00 23 76 99 A 0500-0600 97.00 159 663 822 C 57.00 168 724 892 C $7.00 170 543 713 B $5.45 139 431 570 B $2.00 47 136 183 A 0600-0700 99.00 104 574 678 B $9.00 115 662 777 B 99.00 98 502 600 B $7.00 85 426 511 B 92.00 45 162 207 A 0700.0800 $9.00 89 510 599 B 99.00 113 562 675 B 99.00 59 511 570 8 $7.00 78 465 543 8 92.00 45 186 231 A 0800-0900 $7.00 75 509 584 B 97.00 106 602 708 B $7.00 86 508 594 B 65.45 57 439 496 B 52.00 45 220 265 A 0900-1000 95.45 70 481 551 B 95.45 148 612 760 8 95.45 90 512 602 B $3.00 94 475 569 B 52.00 85 267 352 A &Express Lanes i6 • • • • RCTC OPERATIONAL HIGHLIGHTS On -Road Operations RCTC Freeway Service Patrol responded to 103 calls during the month of December. Of those calls, 69 were to assist disabled vehicles, 12 calls to remove debris, and 22 were in response to accidents that affected the Express Lanes. 91 Express Lanes BOS Development Update In February 2021, CUSA notified OCTA and the RCTC of a delay to the implementation of the new BOS for the 91 Express Lanes for both Orange and Riverside counties as a result of the COVID-19 pandemic. CUSA is the current operator of the 91 Express Lanes for both Agencies and is the firm selected for the design, development, and implementation of the new BOS, as well as the customer service center operation. To address the potential delay of transitioning to the new operating agreement, in October 2019, an amendment to the existing operating agreement was executed which allowed for six one -month extension periods, from July 1, 2021 through December 31, 2021. In anticipation the transition will not occur by December 31, in October 2021, both the Agencies Board of Directors approved a subsequent amendment which allowed for three one -month extensions, commencing January 1, 2022 through March 31, 2022. In December, the Agencies provided notice to CUSA that the first extension period, commencing January 1, 2022 through January 31, 2022 will be exercised. The Agencies intend to exercise the one -month options until the transition to the new contract occurs, which is anticipated for early March 2022. &Express Lanes 17 FINANCIAL HIGHLIGHTS RCTC RCTC 91 Express Lanes 0. erating Statement YTD as of : 12/31/2021 YTD Variance Description Actual Budget Dollar $ Percent (%) Operating revenues: Toll Revenue $ 27,938,174.30 $ 17,917,500.00 $ 10,020,674.30 55.9 Fee Revenue 3,410,374.88 2,858,450.00 551,924.88 19.3 Total operating revenues 31,348,549.18 20,775,950.00 10,572,599.18 50.9 Operating expenses: Salaries and Benefits 256,185.86 426,400.00 170,214.14 39.9 Legal Services 34,959.47 104,350.00 69,390.53 66.5 Advisory Services 17,773.39 2,500.00 (15,273.39) (610.9) Audit and Accounting Fees 29,775.00 18,000.00 (11,775.00) (65.4) Service Fees - 9,350.00 9,350.00 100.0 Other Professional Services 211,254.66 627,900.00 416,645.34 66.4 Lease Expense 123,859.32 159,550.00 35,690.68 22.4 Operations 801,335.87 1,808,900.00 1,007,564.13 55.7 Utilities 7,106.03 32,550.00 25,443.97 78.2 Supplies and Materials 6,153.54 16,750.00 10,596.46 63.3 Membership and Subscription Fees 14,373.00 15,000.00 627.00 4.2 Office Equipment & Furniture (Non -Capital) - 40,000.00 40,000.00 100.0 Maintenance/Repairs 92,746.71 154,300.00 61,553.29 39.9 Training Seminars and Conferences 5,865.10 800.00 (5,065.10) (633.1) Transportation Expenses - 1,250.00 1,250.00 100.0 Lodging - 650.00 650.00 100.0 Meals - 1,500.00 1,500.00 100.0 Other Staff Expenses 90.00 150.00 60.00 40.0 Advertising - 107,500.00 107,500.00 100.0 Program Management 17,631.49 41,550.00 23,918.51 57.6 Program Operations 3,238,205.39 4,187,100.00 948,894.61 22.7 Litigation Settlement 687.06 - (687.06) N/A Furniture & Equipment - 37,500.00 37,500.00 100.0 Improvements 24,997.50 27,500.00 2,502.50 9.1 Bad Debt Expense 55,152.15 - (55,152.15) N/A Total operating expenses 4,938,151.54 7,821,050.00 2,882,898.46 36.9 Operating income (loss) 26,410,397.64 12,954,900.00 13,455,497.64 103.9 Nonoperating revenues (expenses): Interest Revenue (53,855.00) 74,750.00 (128,605.00) 172.0 Other Miscellaneous Revenue 39,063.41 - 39,063.41 N/A Loss on Refunding (6,733,662.41) - (6,733,662.41) N/A Principal Expense - - - N/A Interest Expense (13,895,832.03) (4,520,450.00) (9,375,382.03) 207.4 Total nonoperating revenues (expenses) (20,644,286.03) (4,445,700.00) (16,198,586.03) (364.4) Transfers In - - - N/A Transfers Out (165,622.29) (537,350.00) 371,727.71 (69.2) Net income (loss) $ 5,600,489.32 I $ 7,971,850.00 1 $ (2,371,360.68) (29.7) Unaudited tit Express Lanes i8 • • • • JOINT AGENCY TRIP AND REVENUE STATISTICS MULTI AGENCY TRIP AND REVENUE STATISTICS MONTH ENDING December 31, 2021 MTD Transactions by Agency Transactions Using Both Segments %Using Both Segments Revenue Westbound OCTA 818,494 454,051 55% $2,217,757 RCTC 744,648 454,051 61% $2,928,194 1-15 325,458 252,882 78% $1,151,458 McKinley 419,190 201,169 48% $1,776,736 Eastbound OCTA 820,657 557,753 68% $2,783,940 RCTC 653,190 557,753 85% $2,292,115 1-15 249,392 201,947 81% $616,321 McKinley 403,798 355,806 88% $1,675,795 JOINT AGENCY TRAFFIC STATISTICS 900,000 800,000 700,000 600,000 500,000 400,000 300,000 200,000 100,000 OCTA Joint Agency Traffic Statistics 61% RCTC 68% 85% OCTA RCTC Westbound Eastbound ■ OCTA Transactions ■ RCTC Transactions ■ % of OCTA Transactions Using Both Segments a-, % of RCTC Transactions Using Both Segments &Express Lanes 19 JOINT AGENCY PERFORMANCE MEASURES REPORTING REQUIREMENT Reporting PERFORMANCE STANDARD Dec -21 Period Performance CUSTOMER SERVICE Call Wait Time Abandon Rate Customer Satisfaction VIOLATION PROCES SING Response Time CUSA Violation Collection Rate CUSA Violation Collection Rate TRAFFIC OPERATIONS Initial & Secondary Reviews Plate Misread Errors ACCOUNTING OCTA Exceptions RCTC Exceptions Monthly Monthly Monthly Not to exceed 2 minutes No more than 4.0% At least 75 outbound calls Month ly Quarter* Annualt 1.36 1.8% 76 Within 2 business days of receipt 70% ar more 74% or more Monthly Equal to or less than 15 days Month* Equal to or less than 0 4% Month* Monthly No more than 3 No more than 3 INFORMATION TECHNOLOGY Back -office System Uptime monthly 99% Availability Network Uptime rtonthtr 99% Availability CUSA = Cdiroute USA: CAS = OCTA Customer Assistance Specialists ' Plate Misread Err -or performance is current after a 60 -day hold -back period. thereforepercentage reported here is for two months prior to the month of this report. 1.1 89% 34 0 03% 0 0 JOINT AGENCY TRANSPONDER DISTRIBUTION 10000 100% December -21 November -21 FY 2021-22 T21 TRANSPONDER DISTRIBUTION Tags % of Total Tags % of Total Average To -Date Issued To New Accounts Additional Tags to Existing Accounts Replacement Transponders Total Issued 0 0.0% 1 100.0% 0 0.0% 1 0 0 0 0 Returned Account Closures Accounts Downsizing Defective Transponders Total Returned 17 100.0% 17 4 257 1,650 1,911 0.2% 13.4% 86.3% 0 0 0 0 6 634 301 940 0.6% 67.4% 32.0% 6C TRANSPONDER DISTRIBUTION December -21 November -21 FY 2021-22 Tags % of Total Tags % of Total Average To -Date Issued To New Accounts Additional Tags to Existing Accounts Replacement Transponders Total Issued 1,623 4,709 3 6,335 25.6% 74.3% 0.0% r 2,005 4,175 r 3 6,183 32.4% 67.5% 0.0% • r r 8,004 3,338 13 11,354 70.5% 29.4% 0.1% Returned Account Closures Accounts Downsizing Defective Transponders Total Returned r Express A Lanes 20 • • • • • • 140,000 116,813 119,782 120,000 114,138112,584 112,473 112,929113,672 100,000 80,000 60,000 40,000 -I 20,000 At the end of December 2021, the 91 Express Lanes had 159,715 active customer accounts and 621,886 transponders classified as assigned. Number of Accounts by FY As of December 31, 2021 180,000 159,715 160,000 154,469 148,054149,803 140,694 130,048 °)- ' yti yti 1Z> 'i ' " ,°i ON� ''Y' 4i 0' y�' ' ' Fiscal Year Incoming Email Activity During December, the Anaheim Processing Center received 3,004 emails. Express A Lanes 21 OCTA March 4, 2022 To: State Route 91 Advisory Committee From: Kirk Avila, General Manager, Orange County Authority Subject: Orange County Transportation Authority Fiscal 91 Express Lanes Fund Financial Statements Overview Transportation Year 2020-21 Crowe LLP, an independent accounting firm, has completed the annual audit of the Orange County Transportation Authority 91 Express Lanes Fund financial statements for fiscal year 2020-21 and has issued its independent auditor's opinion. A copy of the audited financial statements is attached for State Route 91 Advisory Committee review. Recommendation Receive and file the Orange County Transportation Authority Fiscal Year 2020-21 91 Express Lanes Fund annual financial statements. Background The Orange County Transportation Authority (OCTA) prepares the financial statements for the 91 Express Lanes Fund, which present the results of operations during the preceding fiscal year (FY) and the financial position at year end. In addition, OCTA is required to obtain an independent auditor's opinion on the financial statements. The audit was conducted by Crowe LLP, (Crowe) an independent accounting firm, to obtain reasonable assurance as to whether the financial statements are free of material misstatement. Discussion Crowe has completed its annual audit and has issued its opinion of the OCTA 91 Express Lanes financial statements for the FY ended June 30, 2021. The audits were conducted in accordance with generally accepted auditing standards and the standards applicable to financial audits contained in the Government Auditing Standards, issued by the Comptroller General of the Orange County Transportation Authority 550 South Main Street/P.O. Box 14184/ Orange / California 92863-1584 / (714) 560-OCTA (6282) Orange County Transportation Authority Fiscal Year 2020-21 Page 2 • 91 Express Lanes Fund Financial Statements United States. The auditors have issued an unmodified opinion on the financial statements, indicating that the statements present fairly, in all material aspects, the financial position of the 91 Express Lanes Fund, as of June 30, 2021. A copy of the audited financial statements is included as Attachment A. Summary Crowe LLP, an independent accounting firm, has audited the OCTA 91 Express Lanes Fund financial statements and has issued its unmodified opinion as to the fair presentation on the financial statements. Attachment A. 91 Express Lanes Fund (An Enterprise Fund of the Orange County Transportation Authority) Financial Statements for the Year Ended June 30, 2021 • • ATTACHMENT A • 91 EXPRESS LANES FUND (An Enterprise Fund of the Orange County Transportation Authority) FINANCIAL STATEMENTS For the Year Ended June 30, 2021 • • 91 Express Lanes Fund (An Enterprise Fund of the Orange County Transportation Authority) Financial Statements For the Year Ended June 30, 2021 Contents Independent Auditor's Report . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 Independent Auditor's Report on Internal Control over Financial Reporting and on Compliance and Other Matters Based on an Audit of Financial Statements Performed in Accordance with Government Auditing Standards . Management's Discussion and Analysis . . Financial Statements: . . . . . . . . . . . . . 3 5 Statement of Net Position . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 10 Statement of Revenues, Expenses and Changes in Net Position 11 Statement of Cash Flows . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Notes to the Financial Statements . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 14 Crowe Crowe LLP Independent Member Crowe Global INDEPENDENT AUDITOR'S REPORT Board of Directors Orange County Transportation Authority Orange, California Report on the Financial Statements We have audited the accompanying financial statements of the 91 Express Lanes Fund (91 EL), a major enterprise fund of the Orange County Transportation Authority (OCTA), as of and for the year ended June 30, 2021 and the related notes to the financial statements, which collectively comprise the 91 EL's financial statements as listed in the table of contents. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. 1 Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the 91 EL, a major enterprise fund of OCTA, as of June 30, 2021, and the changes in its financial position and its cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America. Emphasis of Matter As discussed in Note 1, the financial statements present only the 91 EL and do not purport to, and do not, present fairly the financial position of OCTA as of June 30, 2021, the changes in its financial position, or, where applicable, its cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America. Our opinion is not modified with respect to this matter. Other Matters Supplementary Information Our audit was conducted for the purpose of forming an opinion on the financial statements that collectively comprise the 91 EL's financial statements. The management's discussion and analysis, as listed in the table of contents, is presented for purposes of additional analysis and is not a required part of the financial statements. The information has not been subjected to the auditing procedures applied in the audit of the financial statements and accordingly, we do not express an opinion or provide any assurance on it. Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated November 22, 2021 on our consideration of OCTA's intemal control over financial reporting, as it relates to the 91 EL, and on our tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on the effectiveness of OCTA's internal control over financial reporting or on compliance, as it relates to the 91 EL. That report is an integral part of an audit performed in accordance with Government Auditing Standards in considering OCTA's internal control over financial reporting and compliance, as it relates to the 91 EL. Couhti Crowe LLP Costa Mesa, Califomia November 22, 2021 2 Crowe Crowe LLP Independent Member Crowe Global INDEPENDENT AUDITOR'S REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS Board of Directors Orange County Transportation Authority Orange, California We have audited, in accordance with the auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the 91 Express Lanes Fund (91 EL), a major enterprise fund of the Orange County Transportation Authority (OCTA), as of and for the year ended June 30, 2021, and the related notes to the financial statements, which collectively comprise the 91 EL's financial statements, and have issued our report thereon dated November 22, 2021. As discussed in Note 1, the financial statements present only the 91 EL and do not purport to, and do not, present fairly the financial position of OCTA, the changes in its financial position, or where applicable, its cash flows in conformity with accounting principles generally accepted in the United States of America. Internal Control Over Financial Reporting In planning and performing our audit of the financial statements, we considered OCTA's internal control over financial reporting and compliance (internal control), as it relates to the 91 EL, as a basis for designing audit procedures that are appropriate in the circumstances for the purpose of expressing our opinion on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of OCTA's internal control, as it relates to the 91 EL. Accordingly, we do not express an opinion on the effectiveness of OCTA's internal control, as it relates to the 91 EL. A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity's financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified. 3 Compliance and Other Matters As part of obtaining reasonable assurance about whether the 91 EL's financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the financial statements. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instances of noncompliance or other matters that are required to be reported under Government Auditing Standards. Purpose of this Report The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity's internal control or on compliance. This report is an integral part of an audit performed in accordance with Govemment Auditing Standards in considering the entity's internal control and compliance. Accordingly, this communication is not suitable for any other purpose. Crowe LLP Costa Mesa, California November 22, 2021 4 91 Express Lanes Fund Management's Discussion and Analysis (unaudited) For the Year Ended June 30, 2021 • • • As management of the 91 Express Lanes Fund (91 EL), an enterprise fund of the Orange County Transportation Authority, we offer readers of the 91 EL financial statements this narrative overview and analysis of the 91 EL's financial activities for the fiscal year ended June 30, 2021. We encourage readers to consider the information on financial performance presented in conjunction with the financial statements that begin on page 10. Financial Highlights a. At the end of fiscal year 2020-21, the total net position of the 91 EL was $272,915,807 and consisted of net investment in capital assets of $48,224,057; restricted net position of $14,505,029; and unrestricted net position of $210,186,721. Net position increased $8,594,970 during fiscal year 2020-21, which represents an increase of 3.3% from the fiscal year 2019-20 ending net position. The increase is primarily due to operating revenues in excess of operating expenses offset by bond interest expense. b. In fiscal year 2020-21, total operating revenues increased by $455,248, which represents a 1.0% increase from the fiscal year 2019-20. The increase in operating revenue is primarily due to an increase in trips. c. Total operating expenses increased by $428,027, which represents a 2.4% increase from fiscal year 2019-20, primarily due to an increase in depreciation expense in capital assets. d. At the end of fiscal year 2020-21, investment earnings decreased by $7,400,979, which represents an 86.5% decrease compared to fiscal year 2019-20. The decrease in investment earnings is primarily due to an unrealized loss on investment in fiscal year 2020-21 resulting from unfavorable investment performance. Overview of the Financial Statements This discussion and analysis is intended to serve as an introduction to the 91 EL's financial statements. The financial statements are comprised of the fund financial statements and notes to the financial statements. The statement of net position presents information on all of the 91 EL's assets, deferred outflows of resources, deferred inflows of resources and liabilities, with the difference reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the 91 EL is improving or deteriorating. The statement of revenues, expenses and changes in net position presents information showing how the 91 EL's net position changed during the fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. The 91 EL fund financial statements can be found on pages 10-13 of this report. Notes to the financial statements provide additional information that is essential to a full understanding of the data provided in the financial statements. The notes to the financial statements can be found on pages 14-27 of this report. 5 91 Express Lanes Fund Management's Discussion and Analysis (unaudited) For the Year Ended June 30, 2021 91 Express Lanes Financial Analysis As noted previously, net position may serve over time as a useful indicator of the 91 EL's financial position. At June 30, 2021, the 91 EL's net position was $272,915,807, an increase of $8,594,970 or 3.3% from June 30, 2020. Our analysis below focuses on net position (Table 1) and changes in net position (Table 2) of the 91 EL's financial activities. Table 1 91 Express Lanes Fund Net Position 2021 2020 Current and other assets $ 222,922,295 $ 211,376,549 Restricted assets 25,303,554 25,245,504 Noncurrent receivables, net 6,637,739 11,411,077 Capital assets, net 122,448,166 122,669,328 Total assets 377,311,754 370,702,458 Total deferred outflows of resources 6,332,938 7,002,500 Current liabilities 26,123,313 21,384,612 Long-term liabilities 84,605,572 91,999,509 Total liabilities 110,728,885 113,384,121 Net position: Net investment in capital assets 48,224,057 42,050,844 Restricted 14,505,029 14,446,979 Unrestricted 210,186,721 207,823,014 Total net position $ 272,915,807 $ 264,320,837 In fiscal year 2020-21, total assets increased by $6,609,2% which represents an increase of 1.8% from fiscal year 2019-20, primarily due to an increase of $12,766,059 in cash and investments offset by a decrease of $4,773,338 in noncurrent receivables. The decrease in noncurrent receivables is primarily due to a change in calculating collection rate for outstanding violations from a three-year to a four-year average resulting from the pandemic. Total liabilities decreased by $2,655,236 or 2.3 % primarily due to principal payments during the fiscal year. The 91 EL's net investment in capital assets was $48,224,057 in fiscal year 2020-21 compared to $42,050,844 in fiscal year 2019-20. The 91 EL's net position reflects its investment in capital assets (i.e., intangible assets; improvements; communications equipment; computer hardware and software; equipment, furniture and fixtures; and transponders), less any related outstanding debt used to acquire these assets. The 91 EL uses these capital assets to provide improved mobility for 91 EL customers and commuters along the SR -91 corridor. The increase of $6,173,213 in net investment in capital assets was primarily due to a reduction in related outstanding debt used to acquire capital assets. Restricted net position, representing resources subject to external restrictions on how they may be used, represented 5.3% of the total net position at June 30, 2021. The $58,050 increase in restricted net position is related to investment activity in bond reserve accounts. 6 91 Express Lanes Fund Management's Discussion and Analysis (unaudited) For the Year Ended June 30, 2021 • • • Unrestricted net position represents the portion of net position that can be used to finance day-to-day operations without constraints established by debt covenants, enabling legislation, or other legal requirements. Unrestricted net position changed from $207,823,014 at June 30, 2020 to $210,186,721 at June 30, 2021. This increase of $2,363,707 was primarily due to operating revenues m excess of operating expenses. The analysis in Table 2 focuses on the changes in net position. Revenues: Operating revenues: Tolls, fees, and fines Table 2 91 Express Lanes Fund Changes in Net Position 2021 2020 $ 44,616,493 $ 44,161,245 Operating expenses: Management and operational services 6,779,862 6,559,905 Administrative overhead 2,703,948 2,996,585 Other operating expenses 13,840 267,950 Insurance claims and premiums 444,076 394,046 Professional services 3,442,977 3,561,356 General and administrative 607,588 482,003 Depreciation and amortization 4,216,268 3,518,687 Total operating expenses 18,208,559 17,780,532 Operating income 26,407,934 26,380,713 Nonoperating revenues (expenses): Investment earnings 1,157,826 8,558,805 Interest expense (4,280,325) (4,599,387) Other 886,654 247,850 Total nonoperating revenues (expenses) (2,235,845) 4,207,268 Income before transfers Transfers to other OCTA funds Changes in net position Total net position —beginning 24,172089 30,587,981 (15,577,119) (15,174,093) 8,594,970 15,413,888 264,320,837 248,906,949 Total net position —ending $ 272,915,807 $ 264,320,837 The 91 EL's total operating revenues increased by 1.0%, while total operating expenses increased by 2.4%. Total traffic volume on the 91 EL during fiscal year 2020-21 was 15,359,785 trips reflecting an increase of 2.5% in comparison to fiscal year 2019-20. The increase in operating revenues is due to an increase in toll revenues offset by a decrease in violation collection fees. Investment earnings decreased by $7,400,979, 7 91 Express Lanes Fund Management's Discussion and Analysis (unaudited) For the Year Ended June 30, 2021 which represents an 86.5% decrease compared to fiscal year 2019-20. The decrease is primarily due to an unrealized loss on investment in fiscal year 2020-21 resulting from unfavorable investment performance. Capital Assets As of June 30, 2021, the 91 EL had $122,448,166 net of accumulated depreciation and amortization, invested in a broad range of capital assets including: the toll facility franchise, construction in progress, improvements, communication equipment, computer hardware and software, transponders, and equipment, furniture and fixtures (Table 3). The total decrease in the 91 EL's capital assets for fiscal year 2020-21 was $221,162. Table 3 91 Express Lanes Fund Capital Asset, net of depreciation and amortization 2021 2020 Toll facility franchise $ 115,107,826 $ 117,694,519 Construction in progress 4,781,599 797,946 Improvements 855,457 1,893,518 Communication equipment 648,882 881,274 Computer hardware and software 39,442 65,760 Transponders 993,776 1,320,346 Equipment, furniture, and fixtures 21,184 15,965 Total capital assets, net $ 122,448,166 $ 122,669,328 The 91 EL has outstanding capital expense commitments, the most significant of which are $4,972,458 and $7,253,492 for the electronic toll and traffic management (ETTM) and back -office system, respectively. Major capital asset additions during fiscal year 2020-21 included $2,074,907 and $1,908,746 primarily due to the ETTM system and back -office system, respectively. The ETTM and the back -office system are still in the construction in progress stage. More detailed information about the 91 EL's capital assets is presented in note 5 to the financial statements. Debt Administration As of June 30, 2021, the 91 EL had $85,265,000 in tax-exempt bonds outstanding compared to $91,685,000 at June 30, 2020. The reduction is due to principal payments in fiscal year 2020-21 in the amount of $6,420,000. Additional information on long-term debt can be found in note 6 to the financial statements. Economic and Other Factors The 91 EL makes up $48,607,664 or 3.84% of OCTA's fiscal year 2021-22 adopted revenue budget. In fiscal year 2021-22, budgeted toll revenue is forecasted to increase by 29% from the fiscal year 2020-21 budgeted value. This increase is due to a forecasted increase in trips due to travel volumes returning to pre- coronavirus pandemic (COVID-19) levels. The budgeted average long term rate of growth for toll road revenue beyond fiscal year 2021-22 is 3.6%. 8 91 Express Lanes Fund Management's Discussion and Analysis (unaudited) For the Year Ended June 30, 2021 The majority of expenses related to the 91 EL within the fiscal year 2021-22 budget are on -going general costs related to day to day operations of the toll facility. Since the 91 EL is a fully electronic toll facility, motorists pay tolls through the convenient use of windshield mounted FasTrak® transponders that automatically deduct toll charges from a prepaid account. At the end of fiscal year 2020-21, there were 154,469 active customer accounts, with 588,045 transponders assigned to those accounts, which represents an increase of 4,666 and 265,726 respectively from fiscal year 2019-20. OCTA, in concert with Caltrans and RCTC, issued an annual SR -91 Implementation Plan to establish a program of projects eligible for funding by potential excess 91 EL toll revenue and other funds. The projects are presented in the following groups: Orange County Projects, Riverside County Projects and Bi-County Projects. The Orange County Projects have a total cost of approximately $525 million. The projects include improvements to the SR -91 between SR -57 and SR -55, Anaheim Canyon Metrolink station improvements, and Placentia Metrolink rail station. The Riverside County projects have a total cost of approximately $391 million. The improvements include I-15/91 Express Lanes Connector, the SR-71/SR-91 interchange improvements, and the SR -91 improvements east of I-15. The Bi-County projects benefit both Orange and Riverside Counties, with total projects exceeding $288 million. Contacting 91 EL's Management This financial report is designed to provide a general overview of the 91 EL's finances for all those with an interest in the government's finances and to demonstrate the 91 EL's accountability for the money it receives. Questions concerning any of the information provided in this report or requests for additional information should be addressed to the Finance and Administration Division at the Orange County Transportation Authority, 550 South Main Street, P.O. Box 14184, Orange, California 92863-1584. 9 91 Express Lanes Fund (An Enterprise Fund of the Orange County Transportation Authority) Statement of Net Position June 30, 2021 Assets Current Assets: Cash and investments $ 218,685,970 Receivables: Interest 333,926 Violations, net 1,643,828 Other, net 1,483,310 Due from other governments 453,441 Other assets 321,820 Total current assets 222,922,295 Noncurrent Assets: Restricted cash and investments: Cash equivalents 25,303,554 Receivable violations, net 6,637,739 Capital assets, net: Nondepreciable 4,781,599 Depreciable and amortizable 117,666,567 Total noncurrent assets 154,389,459 Total Assets 377,311,754 Deferred Outflows of Resources Deferred charge on refunding Total Deferred Outflows of Resources 6,332,938 6,332,938 Liabilities Current Liabilities: Accounts payable 7,414,577 Accrued interest payable 1,580,466 Due to other funds 4,009,208 Due to other governments 716,047 Unearned revenue 5,613,696 Other liabilities 39,319 Bonds payable - due within one year 6,750,000 Total current liabilities 26,123,313 Noncurrent Liabilities: Bonds payable - due in more than one year 84,605,572 Total noncurrent liabilities 84,605,572 Total Liabilities 110,728,885 Net Position Net investment in capital assets 48,224,057 Restricted for: Debt service 691,952 Capital 10,625,845 Operating reserves 3,187,232 Unrestricted 210,186,721 Total Net Position $ 272,915,807 See accompanying notes to the financial statements. 10 91 Express Lanes Fund (An Enterprise Fund of the Orange County Transportation Authority) Statement of Revenues, Expenses and Changes in Net Position For the Year Ended June 30, 2021 • Operating revenues: Tolls, fees, and fines $ 44,616,493 Operating expenses: Management and operational services 6,779,862 Administrative overhead 2,703,948 Other operating expenses 13,840 Insurance claims and premiums 444,076 Professional services 3,442,977 General and administrative 607,588 Depreciation and amortization 4,216,268 Total operating expenses 18,208,559 Operating income 26,407,934 Nonoperating revenues (expenses): Investment earnings 1,157,826 Interest expense (4,280,325) Other 886,654 Total nonoperating revenues (expenses) (2,235,845) • • Income before transfers Transfers to other OCTA funds Change in net position Total net position - beginning 24,172,089 (15,577,119) 8,594,970 264,320,837 Total net position - ending $ 272,915,807 See accompanying notes to the financial statements. 91 Express Lanes Fund (An Enterprise Fund of the Orange County Transportation Authority) Statement of Cash Flows For the Year Ended June 30, 2021 Cash flows from operating activities: Receipts from customers and users $ 49,941,870 Payments to suppliers (11,155,119) Payments for OCTA interfund services used (2,703,948) Other revenue received 886,654 Net cash provided by operating activities 36,969,457 Cash flows from noncapital financing activities Reimbursement from other governments 48,436 Transfers to OCTA funds (11,796,600) Net cash used for noncapital financing activities (11,748,164) Cash flows from capital and related financing activities: Principal payment on long-term debt (6,420,000) Interest paid on long-term debt (4,375,075) Acquisition and construction of capital assets (3,281,493) Net cash used for capital and related financing activities (14,076,568) Cash flows from investing activities Interest received Net cash provided by investing activities Net increase in cash and cash equivalents Cash and cash equivalents at beginning of year Cash and cash equivalents at end of year 1,679,384 1,679,384 12,824,109 231,165,415 $ 243,989,524 Reconciliation of cash and cash equivalents to statement of net position: Cash and investments $ 218,685,970 Restricted cash and investments 25,303,554 Total cash and cash equivalents $ 243,989,524 See accompanying notes to the financial statements. 12 91 Express Lanes Fund (An Enterprise Fund of the Orange County Transportation Authority) Statement of Cash Flows For the Year Ended June 30, 2021 • Reconciliation of operating income to net cash provided by operating activities: Operating income $ 26,407,934 Adjustments to reconcile operating income to net cash provided by operating activities: Depreciation expense 1,629,575 Amortization of toll road franchise agreement 2,586,693 Nonoperating revenue 886,654 Change in assets and liabilities: Violations receivables, net 5,665,409 Other receivables, net (274,544) Other assets (444,553) Amortization of prepaid expense 33,269 Amortization of prepaid insurance 444,076 Accounts payable (575,883) Due to other governments 676,315 Unearned revenue (72,443) Other liabilities 6,955 Total adjustments 10,561,523 Net cash provided by operating activities $ 36,969,457 • Noncash capital, financing and investing activities: Amortization of bond premium $ (643,937) Amortization of bond deferred charges $ 669,562 Change in fair value of investments $ (499,708) Capital assets accrued in accounts payable $ 713,613 See accompanying notes to the financial statements. • 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2021 1. Reporting Entity On January 3, 2003, the Orange County Transportation Authority (OCTA) purchased from the California Private Transportation Company (CPTC) its interest in a Franchise Agreement for the 91 Express Lanes. See note 5 for further information on this transaction. These financial statements include only the activities of the 91 Express Lanes Fund, an enterprise fund of OCTA. These financial statements are not intended to present the activities of OCTA. 2. Summary of Significant Accounting Policies The accounting policies of the 91 Express Lanes Fund are in conformity with generally accepted accounting principles (GAAP) applicable to governmental units. The Governmental Accounting Standards Board (GASB) is the accepted standard -setting body for establishing accounting and financial reporting principles. Basis of Accounting The financial statements of the 91 Express Lanes Fund are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues, consisting substantially of tolls and fees, are recorded when earned, and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Toll amounts are collected from customers on a prepaid basis, and unearned tolls are reported as unearned revenue. Toll revenue is recognized when the customers utilize the toll road facility. Enterprise funds distinguish operating revenues and expenses from non -operating items. Operating revenues and expenses generally result from providing services in connection with an enterprise fund's principal ongoing operations. The principal operating revenues of the 91 Express Lanes Fund are charges to customers for use of the toll facility and are presented net of discounts and allowances. Operating expenses for the 91 Express Lanes Fund include the cost of services, administrative expenses, and depreciation and amortization on capital assets. All revenues and expenses not meeting this definition are reported as non -operating revenues and expenses. When both restricted and unrestricted resources are available for use, it is the 91 Express Lanes Fund's policy to use restricted resources first and then unrestricted resources as they are needed. Cash and Investments The 91 Express Lanes Fund participates in OCTA's Commingled Investment Pool. OCTA maintains cash and investments in accordance with an Investment Policy (Policy) adopted initially by OCTA's Board of Directors (Board) on May 8, 1995, and most recently amended on July 1, 2021. The Policy complies with, or is more restrictive than, the California Government Code (Code). At June 30, 2021 the investment portfolios were maintained at U.S. Bank, N.A. as custodial bank. OCTA's Commingled Investment Pool is managed by four private sector investment managers. Separate investment manager accounts are maintained for the proceeds of bond issues, with the earnings for each bond issue accounted for separately. Cash from other OCTA revenue sources is commingled for investment purposes in the OCTA Commingled Investment Pool, with investment earnings allocated to the different accounts based on average daily account balances. 14 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2021 • • • OCTA holds investments that are measured at fair value on a recurring basis. OCTA categorizes the fair value measurements of its investments based on the hierarchy established by GAAP. The fair value hierarchy, which has three levels, is based on the valuation inputs used to measure an asset's fair value: Level 1 inputs are quoted prices in active markets for identical assets; Level 2 inputs are inputs -other than quoted prices included in Level 1 -that are observable including quoted prices for similar assets in active markets and quoted prices for identical or similar assets in markets that are not active; Level 3 inputs are unobservable inputs. Refer to the OCTA Comprehensive Annual Financial Report (AFR) for details on valuation techniques and fair value hierarchy. Investments in U.S. government and U.S. agency securities, medium -term notes, repurchase agreements, variable and floating rate securities, mortgage and asset -backed securities and corporate notes are carried at fair value based on quoted prices of similar assets, except for money market investments and participating interest -earning investment contracts with a remaining maturity of one year or less at purchase date, which are carried at amortized cost which approximates fair value. The Policy requires that assets in the portfolio consist of the following investments, with maximum permissible concentrations based on book value, and may be more restrictive than applicable state statutes for the following investment types: OCTA notes and bonds, U.S. treasuries, federal agencies, municipal debt, banker's acceptances, commercial paper, negotiable certificates of deposit, repurchase agreements, medium -term notes, money market and mutual funds, mortgage or asset -backed securities, supranationals, Local Agency Investment Fund (LAIF), Orange County Investment Pool (OCIP), investment pools, variable and floating rate securities, bank deposits and derivatives. All investments are subject to a maximum maturity of five years, unless specific direction to exceed the limit is given by the Board and as permitted by the Code. OCTA policy is to invest only in high quality instruments as permitted by the Code, subject to the limitations of the Policy. Cash and Cash Equivalents For the purpose of the statement of cash flows, OCTA considers all short-term investments with an initial maturity of three months or less to be cash equivalents. All deposits, commercial paper, money market funds, certificates of deposit, and the 91 Express Lanes Fund's share of the OCTA Commingled Investment Pool represent cash and cash equivalents for cash flow purposes. Restricted Cash and Investments Investments set aside in the Senior Lien Reserve Fund, Major Maintenance Reserve Fund, and Operating Reserve Fund are pursuant to the terms of the 2013 Indenture for the $124,415,000 Toll Road Revenue Refunding Bonds and their use is limited by applicable debt covenants. Permitted investments per the debt covenants include: government obligations, State of California and local agency obligations, banker's acceptances, commercial paper, negotiable certificates of deposit, repurchase agreements, money market funds, other mutual funds, investment agreements, and variable and floating rate securities. Receivables Violations receivables include an estimate for outstanding unpaid violations that the 91 Express Lanes Fund anticipates to collect. For violations less than or equal to 90 days old, the receivable is based on a 12 -month average of violations collected, and is recorded net of an allowance for uncollectible accounts of $1,314,817 at June 30, 2021. For unpaid violations in excess of 90 days, the receivable is estimated using a four-year average of violations collected and is recorded net of uncollectible accounts as the majority is not considered probable of collection. 15 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2021 Other receivables include amounts due from other California toll road agencies related to their customers' use of the 91 Express Lanes, as well as amounts owed from customers, net of an allowance for uncollectible accounts of $329,454 at June 30, 2021. An estimated $6,637,739 of violation and customer receivables are not expected to be collected within one year. The 91 Express Lanes utilizes an outside collection agency to assist in the recovery of unpaid customer balances and violations exceeding 90 days. Due from other Governments Due from other governments include receivables due from other government agencies. Other Assets Other assets include prepaid expenses and refundable deposits. Capital Assets Capital assets include toll facility franchise, construction in progress, improvements, equipment, computer hardware, software, furniture and fixtures, and transponders. Capital assets are defined by the 91 Express Lanes Fund as assets with an initial, individual cost of more than $5,000 and a useful life in excess of one year. It is also the 91 Express Lanes Fund's policy to capitalise non -sticker transponder purchases, as they are considered a significant class of assets even though individually under $5,000. Such assets are recorded at historical cost. The costs of normal maintenance and repairs that do not add value to the asset or materially extend asset lives are not capitalized. Capital assets are depreciated using the straight-line method over the following estimated useful lives: Capital Asset Type Useful Life Improvements 10-30 years Equipment, furniture and fixtures 3-10 years Computer hardware and software 3-5 years Transponders 5-7 years OCTA purchased the interest in the Franchise Agreement for the toll facility from CPTC on January 3, 2003. The toll facility franchise is amortized over the remaining life of the Franchise Agreement through December 2065. Deferred Outflows In addition to assets, the statement of net position will sometimes report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period and so will not be recognized as an outflow of resources (expense) until then. As of June 30, 2021, the 91 Express Lanes Fund only has one item that qualifies for reporting in this category. It is the deferred charge on refunding reported in the statement of net position. A deferred charge on refunding results from the difference in the carrying value of refunded debt and its reacquisition price. This amount is deferred and amortized over the shorter of the life of the refunded or refunding debt. 16 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2021 Due to other Governments Due to other governments include payables due to other government agencies. Risk Management The 91 Express Lanes Fund purchases commercial property insurance including fire, flood and earthquake coverage, which also covers business interruption related to the operation of the toll facility. Additionally, the 91 Express Lanes Fund participates in OCTA's self-insurance general liability program. Liability claims are resolved by OCTA and are an expense of the 91 Express Lanes Fund. Net Position Net position represents the difference between assets plus deferred outflows of resources and liabilities plus deferred inflows of resources and is classified into three categories: • Net investment in capital assets - Reflects net position of the 91 Express Lanes Fund invested in capital assets and the intangible asset net of related debt. This net position is not accessible for other purposes. • Restricted net position - Represents net position not accessible for general use, with the use subject to restrictions enforceable by third parties. The net position has been restricted by the 2013 Toll Road Revenue Refunding Bonds Master Indenture of Trust for debt service, capital, and operating expenses. • Unrestricted net position - Represents net position available for general use. Use of Estimates The preparation of the financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumptions that affect certain reported amounts and disclosures during the reporting period. As such, actual results could differ from those estimates. Administrative Services Costs OCTA allocates indirect costs related to administrative services from certain funds to benefiting funds. For fiscal year 2020-21, $2,703,948 of administrative services were charged to the 91 EL and are reported as operating expenses in the statement of revenues, expenditures and changes in net position. New Effective Accounting Pronouncements In fiscal year 2020-21, OCTA implemented the following GASB Statement for the 91 Express Lanes Fund: GASB Statement No. 84 In January 2017, GASB issued Statement No. 84, Fiduciary Activities. The objective of this Statement is to improve guidance regarding the identification of fiduciary activities for accounting and financial reporting purposes and how those activities should be reported. This Statement establishes criteria for identifying fiduciary activities of all state and local governments. An activity meeting the criteria should be reported in a fiduciary fund in the basic financial statements. This Statement describes four fiduciary funds that should be reported, if applicable: (1) pension (and other employee benefit) trust funds, 17 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2021 (2) investment trust funds, (3) private -purpose trust funds, and (4) custodial funds. This Statement also provides for recognition of a liability to the beneficiaries in a fiduciary fund when an event has occurred that compels the government to disburse fiduciary resources. This Statement was effective for OCTA's fiscal year ending June 30, 2020, but was postponed by one year per GASB Statement No. 95, Postponement of the Effective Dates of Certain Authoritative Guidance. The implementation of this Statement did not have a material effect on the financial statements of the 91 Express Lanes fund. GASB Statement No. 90 In August 2018, GASB issued Statement No. 90, Majority Equity Interests - an amendment of GASB Statements No. 14 and No. 61. The primary objectives of this Statement are to improve the consistency and comparability of reporting a government's majority equity interest in a legally separate organization and to improve the relevance of financial statement information for certain component units. This Statement was effective for OCTA's fiscal year ending June 30, 2020, but was postponed by one year per GASB Statement No. 95, Postponement of the Effective Dates of Certain Authoritative Guidance. The implementation of this Statement did not have any material effect on the financial statements. GASB Statement No. 93 In March 2020, GASB issued Statement No. 93, Replacement of Interbank Offered Rates. The objective of this Statement is to address those and other accounting and financial reporting implications that result from the replacement of an interbank offered rate (IBOR). This Statement achieves that objective by: (1) providing exceptions for certain hedging derivative instruments to the hedge accounting termination provisions when an IBOR is replaced as the reference rate of the hedging derivative instrument's variable payment, (2) clarifying the hedge accounting termination provisions when a hedged item is amended to replace the reference rate, (3) clarifying that the uncertainty related to the continued availability of IBORs does not, by itself, affect the assessment of whether the occurrence of a hedged expected transaction is probable, (4) removing LIBOR as an appropriate benchmark interest rate for the qualitative evaluation of the effectiveness of an interest rate swap, (5) identifying a Secured Overnight Financing Rate and the Effective Federal Funds Rate as appropriate benchmark interest rates for the qualitative evaluation of the effectiveness of an interest rate swap, (6) clarifying the definition of reference rate, as it is used in Statement 53, as amended, (7) providing an exception to the lease modifications guidance in Statement 87, as amended, for certain lease contracts that are amended solely to replace an IBOR as the rate upon which variable payments depend. The requirements of this Statement, except for paragraph 11b, are effective for OCTA's fiscal year ending June 30, 2021. The requirement in paragraph 11b is effective for OCTA's fiscal year ending June 30, 2022. GASB Statement No. 95, Postponement of the Effective Dates of Certain Authoritative Guidance, postponed the effective date of paragraphs 13 and 14 of this Statement by one year. The implementation of this Statement, except for paragraphs 11b, 13 and 14, did not have a material effect on the financial statements. OCTA has not determined the effect of the remaining paragraphs of this Statement. 18 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2021 3. Cash and Investments Cash and investments are comprised of the following at June 30, 2021: Cash: Petty cash $ 550 Deposits 2,030,539 Total cash 2,031,089 Investments: With OCTA Commingled Investment Pool 216,873,798 With trustee 25,084,637 Total investments 241,958,435 Total cash and investments $ 243,989,524 Total deposits and investments are reported in the financial statements as: Unrestricted cash and investments $ 218,685,970 Restricted cash and investments: Cash equivalents 25,303,554 Total cash and investments $ 243,989,524 As of June 30, 2021, the 91 Express Lanes Fund had the following investments: Investment Weighted Average Interest Rate Maturity Fair Value Yield Range Maturity Range (Years) OCTA Commingled $ 216,873,798 Refer to the OCTA Comprehensive Annual Financial Report for Investment Pool information related to the OCTA Commingled Investment Pool.* Held by trustee: *Money Market Funds 67 0.010% 0.010% 7/1/21 0.003 *Commercial Paper 25,084,570 0.120% - 0.702% 0.000%- 0.570% 7/06/21-7/13/21 0.027 Total investments $ 241,958,435 Portfolio Weighted Average 1.992 *Money market funds and commercial paper are measured at amortized cost which approximates fair value. As of June 30, 2021, the 91 Express Lanes Fund had $216,873,798 invested in the OCTA's Commingled Investment Pool (CIP). OCTA's CIP investments are carried at fair value except for money market investments and participating interest -earning investment contracts with a remaining maturity of one year or less at purchase date carried at amortized cost which approximates fair value. Deposits and withdrawals in the OCTA's CIP are made on the basis of $1.00 (cost basis) and not fair value. Accordingly, the 91 Express Lanes Fund's investment in the OCTA's CIP at June 30, 2021 is uncategorized, not defined as a Level 1, Level 2, or Level 3 input. 19 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2021 Refer to the OCTA Comprehensive Annual Financial Report for fiscal year 2020-21 for details on valuation techniques, fair value hierarchy, interest rate risk, variable rate notes and custodial credit risk related to the OCTA's CIP underlying investments. Credit Risk The Policy sets minimum acceptable credit ratings for investments from any of the three nationally recognized rating services: Standard & Poor's Corporation (S&P), Moody's Investors Service (Moody's), and Fitch Ratings (Fitch). For an issuer of short-term debt, the rating must be no less than A-1 (S&P), P-1 (Moody's), or F1 (Fitch), while an issuer of long-term debt must be rated no less than an "A" by two of the three rating services. OCTA's CIP is not rated. The following is a summary of the credit quality distribution and concentration of credit risk by investment type as a percentage of fair value of the 91 Express Lanes Fund's portfolio at June 30, 2021. (NR means Not Rated): Investments % of 91 S&P Moody's Express OCTA Commingled Investment Pool NR NR 89.634 % Held by trustee: Money Market Funds AAA Aaa 0.000 % Commercial Paper: Bayerische Landsbank NR P-1 4.749 % BARC A-1 P-1 5.617 % Total 100.000 % Concentration of Credit Risk At June 30, 2021, OCTA did not exceed the Policy maximum concentrations as stated below: Issuer/Counter-Party Diversification Guidelines for All Securities Except U.S. Treasuries and U.S. Government Agency Securities • Any one corporation, bank, local agency, special purpose vehicle or other corporate issuer name for one or more series of securities shall not exceed 5% of the portfolio. Issuer/Counter-Party Diversification Guidelines for OCTA's Debt • OCTA can purchase all or a portion of the Orange County Transportation Authority's debt, including notes and bonds payable solely out of the revenues from a revenue -producing property owned, controlled or operated by OCTA or by a department, board, agency or authority of OCTA which may bear interest at a fixed or floating rate, providing the purchase does not exceed 25% of the Maximum Portfolio and when authorized by the Internal Revenue Service. The following is a summary of the concentration of credit risk by issuer as a percentage of the fair value of the 91 Express Lanes Fund's portfolio at June 30, 2021: Issuer Amount % of 91 Express Lanes Portfolio BARC (Commercial Paper) $ 13,594,156 5.617 % 20 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2021 • • • 4. Interfund Activities Due To Other Funds: As of June 30, 2021, the 91 EL owes $4,009,208 to the Orange County Local Transportation Authority (OCLTA) for SR -91 improvement project. Interfund Transfers: During fiscal year 2020-21, the 91 EL transferred $15,577,119 to the OCLTA for SR -91 improvement project. 5. Capital Assets Capital asset activity for the 91 Express Lanes Fund for the year ended June 30, 2021 is as follows: Beginning Ending Balance Increases Decreases Balance Capital assets, not being depreciated: Construction in progress Capital assets, being depreciated Improvements Communications equipment Computer hardware and software Transponders Equipment, furniture and fixtures Toll Facility Franchise Total capital assets, being depredated and amortized Less accumulated depreciation and amortization for: Improvements Communications equipment Computer hardware and software Transponders Equipment, furniture and fixtures Toll Facility Franchise Total accumulated depreciation and amortization Total capital assets, being depreciated and amortized, net Total capital assets, net $ 797,946 $ 3,983,653 $ 4,037,020 5,074,955 2,783,893 4,883,853 106,802 205,263,668 11,453 $ 4,781,599 (1,567,800) 2,469,220 5,074,955 (21,616) 2,762,277 (855,606) 4,028,247 118,255 - 205,263,668 222,150,191 11,453 (2,445,022) 219,716,622 (2,143,502) (4,193,681) (2,718,133) (3,563,507) (90,837) (87,569,149) (1,038,061) (232,392) (26,318) (326,570) (6,234) (2,586,693) 1,567,800 21,616 855,606 (1,613,763) (4,426,073) (2,722,835) (3,034,471) (97,071) (90,155,842) (100,278,809) (4,216,268) 2,445,022 (102,050,055) 121,871,382 (4,204,815) - 117,666,567 $ 122,669,328 $ (221,162) $ — $ 122,448,166 On January 3, 2003, OCTA purchased from the California Private Transportation Company (CFTC) its interest in a Franchise Agreement for a toll facility on a 10 -mile segment of the Riverside Freeway/State 21 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2021 Route (SR) 91 between the Orange/Riverside County line and the Costa Mesa Freeway/SR-55. The purchase was enabled by State Assembly Bill (AB) 1010 (Correa), passed by the California legislature and signed by the governor in September 2002. The legislation provided the authority for OCTA to collect tolls and pay related financing costs until 2030, and eliminated non -compete provisions in the Franchise Agreement for needed improvements on the SR -91. The Franchise Agreement with the State of California's Department of Transportation (Caltrans) had granted CPTC the right to develop and construct the toll facility and to operate it for 35 years under a lease arrangement. Caltrans retains legal title to the real property components of the toll facility. In September 2008, the Governor of California approved Senate Bill (SB) 1316 (Correa) as an update to the provisions of AB 1010. SB 1316 authorized OCTA to assign its franchise rights, interests and obligations in the Riverside County portion to the Riverside County Transportation Commission (RCTC), thereby allowing RCTC to add two toll lanes and a regular lane in each direction on the SR -91 from the Orange County line to Interstate 15. In addition, the bill authorized the terms of the franchise to expire no later than December 31, 2065. SB 1316 also required OCTA and RCTC to enter into an agreement providing for the coordination of their respective tolling facilities if RCTC was to construct and operate the toll facilities on the Riverside County portion of the SR -91 franchise. In December 2011, the Board approved the assignment of OCTA's franchise rights, interests and obligations in the Riverside County portion of the SR -91 franchise to RCTC. The Board also approved the extension of the expiration date to 2065 and a cooperative agreement between OCTA and RCTC that details the joint operation for the 91 Express Lanes extension. 6. Bonds Payable Taxable Senior Secured Bonds On January 3, 2003, as part of the purchase agreement, the 91 Express Lanes Fund assumed $135,000,000 of taxable 7.63% Senior Secured Bonds. On November 12, 2003, the taxable bonds were refunded as noted below. As required by the tax-exempt bond indenture, OCTA paid a $26,428,197 Yield Maintenance Premium in connection with the defeasance of the Senior Secured Bonds, which is amortized over the life of the Series 2003 tax-exempt bonds on the straight line basis. Toll Road Revenue Refunding Bonds On November 12, 2003, OCTA issued $195,265,000 in Toll Road Revenue Refunding Bonds (91 Express Lanes) Series 2003-A, Series 2003-B-1 and Series 2003-B-2 to refund the $135,000,000 taxable 7.63% Senior Secured Bonds and to reimburse OCTA for a portion of its payment of the costs of acquiring the Toll Road and certain other property and interests associated with the Toll Road. The $95,265,000 Series 2003-A Bonds were issued as fixed rate bonds. The $75,000,000 Series 2003-B-1 Bonds and the $25,000,000 Series 2003-B-2 Bonds (collectively the "Series 2003-B Bonds") were issued as adjustable rate bonds. On November 24, 2008, OCTA remarketed the $100,000,000 Series 2003-B Bonds, which were purchased by the Orange County Investment Pool (OCIP). In connection with the mandatory tender of the Series 2003-B Bonds required by the Indenture, the interest rate was converted to a Long Term Interest Rate equal to the OCIP Rate. On December 20, 2010, OCTA entered into a new transaction with OCIP for the Series 2003-B Bonds at a 1.55% rate. The Series 2003-B Bonds had a mandatory tender date of August 15, 2013. 22 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2021 On July 30, 2013, OCTA issued $124,415,000 in Senior Lien Toll Road Revenue Refunding Bonds (91 Express Lanes) Series 2013 to refund the outstanding Toll Road Revenue Refunding Bonds (91 Express Lanes) Series 2003-A, Series 2003-B-1 and Series 2003-B-2. OCTA refunded the outstanding Series 2003-A Bonds to reduce its total debt service payments over the life of the bonds and refunded the Series 2003-B-1 and Series 2003-B-2 Bonds to address the mandatory tender date of August 15, 2013 for the existing private placement with the OCIP. The Series 2013 Bonds were issued as fixed rate bonds. The transaction closed on August 8, 2013. The OCTA's outstanding debt obligations related to Toll Road Revenue Refunding Bonds contain a provision that in an event of default, bondholders have the right to sue in order to force OCTA to cure the event of default, which may result in finance related consequences. A summary of the terms of the Toll Road Revenue Refunding Bonds is as follows: Issuance date Closing date Original issue amount Cash reserve requirements Cash reserve balance Interest rate Maturity Principal payment date Balance as of 06/30/21 Unamortized premium Deferred amount on refunding 07/30/2013 08/08/2013 $ 124,415,000 $ 21,526,500 * $ 25,303,554 2%-5% December 2030 August 15 $ 85,265,000 $ 6,090,572 $ (6,332,938) The Toll Road Revenue Refunding Bonds have ratings of "Al" by Moody's, "A+" from Fitch, and "AA-" by Standard Sr Poor's. *Pursuant to the 2013 Toll Road Revenue Refunding Bonds Master Indenture of Trust, three reserve funds are maintained with required balances as follows: Senior Lien Reserve Fund $8,526,500; Major Maintenance Reserve Fund $10,000,000; and Operating Reserve Fund $3,000,000. At June 30, 2021, all reserve requirements have been satisfied. Annual debt service requirements on the tax-exempt bonds to maturity are as follows: Year ending June 30, Principal Interest Total 2022 $ 6,750,000 $ 4,045,825 $ 10,795,825 2023 7,095,000 3,699,700 10,794,700 2024 7,460,000 3,335,825 10,795,825 2025 7,845,000 2,953,200 10,798,200 2026 8,245,000 2,550,950 10,795,950 2027-2031 47,870,000 6,114,738 53,984,738 Total $ 85,265,000 $ 22,700,238 $ 107,965,238 23 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2021 Changes in Long -Term Obligations Long-term liabilities activity for the year ended June 30, 2021, was as follows: Beginning Balance Additions Tax-exempt bonds $ 91,685,000 $ Unamortized premium 6,734,509 Total long-term debt $ 98,419,509 $ Ending Reductions Balance $ (6,420,000) $ 85,265,000 (643,937) 6,090,572 $ (7,063,937) $ 91,355,572 Due within One Year $ 6,750,000 $ 6,750,000 Pledged Revenue The 91 Express Lanes debt issuance outstanding is repaid and secured by the pledging of certain revenues, as defined in the debt agreement. The amount and term of the remainder of this commitment is indicated in the debt service to maturity table. The purpose for which the proceeds of the debt issuance were utilized is disclosed in the debt description. Pursuant to the 2013 Toll Road Revenue Refunding Bonds Master Indenture of Trust, the 91 Express Lanes Fund will covenant to fix and prescribe toll rates for each type of vehicle and each time of day sufficient to produce adjusted net toll revenues for each fiscal year at least equal to 1.3 times annual debt service on Senior Lien Bonds and Parity Obligations and at least equal to 1.0 times annual debt service on all bonds. Adjusted net toll revenues includes tolls and investment earnings on specified reserve accounts minus operating expenses, excluding interest expense, depredation, and amortization of the toll facility franchise. Pledged revenue for the year ended June 30, 2021, was as follows: Pledged Revenue Annual Amount of Net Annual Debt Service Pledged Revenue Required Debt Pledged Revenue Payments Coverage Coverage 91 Express Lanes Net Toll Road Revenue $31,734,202 $10,795,075 2.94 1.3 7. Commitments and Contingencies Operator Agreement In connection with the purchase of the toll facility interest, OCTA entered into an operating agreement with Cofiroute Global Mobility, subsequently Cofiroute USA, LLC (Cofiroute), to provide operating services in the annual amount of $4,994,000 plus inflation for three initial years with two one-year extension options, subject to Board of Directors approval. The agreement was in effect from January 3, 2003 through January 2, 2006. On January 6, 2006, OCTA entered into a second operating agreement with Cofiroute, effective January 3, 2006 through January 2, 2011. The annual amount of the base contract is $5,448,768 plus inflation adjustments after the first year. The agreement carried two two-year extension options through January 2, 2015. On June 27, 2011, the OCTA Board of Directors approved a subsequent amendment to the operating agreement with Cofiroute, which authorized the addition of two five-year extension options beginning July 1, 2011 through June 30, 2016 for the first extension term and beginning July 1, 2016 through June 30, 2021 as the second extension term. The second extension term was approved on May 9, 2016. Cofiroute is responsible for the day-to-day operations of the toll facility. On May 24, 2013 OCTA completed a three -party agreement expiring on June 30, 2021, with Riverside County Transportation Commission (RCTC) and Cofiroute for operations of the 91 Express Lanes. In fiscal year 2018-19, OCTA and RCTC began procurement for a new operating agreement, which 24 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2021 • • includes the development of a new back -office system. for both segments of the 91 Express Lanes. The OCTA Board of Directors and RCTC Commission subsequently approved the re -selection of Cofiroute as the operator in fiscal year 2019-20. In April 2021, OCTA exercised the first of six one -month extension periods for the month of July 2021. OCTA intends to exercise the extension period until the new operating agreement goes into effect, which is anticipated to be in fiscal year 2022. This will help ensure streamlined consistent inter -county travel for motorists on the original 10 -mile span of the 91 Express Lanes and the eight miles extension into Riverside County. Purchase Commitments The 91 Express Lanes has various outstanding contracts. Total purchase commitments at June 30, 2021 were $80,747,710, the most significant are with Cofiroute and RCTC for the operations of the 91 Express Lanes, Kapsch TrafficCom for toll lanes integrator services and California Highway Patrol (CHP) for patrol services. Lease Commitments The 91 Express Lanes Fund is committed under two non -cancelable leases for office space. These leases are considered for accounting purposes to be operating leases. Lease expenses for the year ended June 30, 2021 were $394,833. Future minimum payments for these leases approximate the following: For the year ending June 30, 2022 $ 405,986 2023 417,750 2024 429,535 2025 442,105 2026 455,012 2027-2031 1,958,758 Total $ 4,109,146 On April 13, 2015, the Board approved a 15 -year lease extension for the 91 Express Lanes Anaheim office. On May 23, 2018, the Board approved the relocation of the 91 Express Lanes Customer Service Center in Corona and a ten-year lease agreement with RCTC for the facility. Both leases are shared equally with RCTC per agreement between OCTA and RCTC, entered into in December 2011. Litigation In April 2020, the OCTA Board approved a settlement for $1 million in cash and forgiveness of $40 million in toll violations and penalties for the In Re Toll Roads Litigation (Plaintiffs) case. The case initially focused on two basic sets of claims. The first related to due process and negligence claims alleging that the procedures used to assess and collect toll violation penalties when drivers use toll roads without paying the required toll are inadequate. The second original claim is that the penalties assessed against toll violators on the 91 Express Lanes is excessive. Over time, the Plaintiffs alleged that OCTA routinely sells and/or provides personally identifiable information of drivers to a host of other entities as part of the operation of the 91 Express Lanes. The parties have obtained court approval of the settlement and given notice of the settlement to the class members. In FY 2019-20, Management recorded a liability of $1,000,000 for the cash settlement and wrote off approximately $3,600,000 of violations receivables for the forgiveness of toll violations and penalties. In FY 2020-21, 91 Express Lanes issued a payment of $217,000 of the $1,000,000 settlement amount. 25 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2021 8. Effect of New Pronouncements: GASB Statement No. 87 In June 2017, GASB issued Statement No. 87, Leases. The objective of this Statement is to better meet the information needs of financial statement users by improving accounting and financial reporting for leases by governments. This Statement increases the usefulness of governments' financial statements by requiring recognition of certain lease assets and liabilities for leases that previously were classified as operating leases and recognized as inflows of resources or outflows of resources based on the payment provisions of the contract. It establishes a single model for lease accounting based on the foundational principle that leases are financings of the right to use an underlying asset. Under this Statement, a lessee is required to recognize a lease liability and an intangible right -to -use lease asset, and a lessor is required to recognize a lease receivable and a deferred inflow of resources, thereby enhancing the relevance and consistency of information about governments' leasing activities. This Statement was effective for OCTA's fiscal year ending June 30, 2021, but was postponed by 18 months per GASB Statement No. 95, Postponement of the Effective Dates of Certain Authoritative Guidance. OCTA has not determined the effect of this Statement. GASB Statement No. 91 In May 2019, GASB issued Statement No. 91, Conduit Debt Obligations. The primary objectives of this Statement are to provide a single method of reporting conduit debt obligations by issuers and eliminate diversity in practice associated with (1) commitments extended by issuers, (2) arrangements associated with conduit debt obligations, and (3) related note disclosures. This Statement achieves those objectives by clarifying the existing definition of a conduit debt obligation; establishing that a conduit debt obligation is not a liability of the issuer; establishing standards for accounting and financial reporting of additional commitments and voluntary commitments extended by issuers and arrangements associated with conduit debt obligations; and improving required note disclosures. This Statement was effective for OCTA's fiscal year ending June 30, 2022, but was postponed by one year per GASB Statement No. 95, Postponement of the Effective Dates of Certain Authoritative Guidance. OCTA has not determined the effect of this Statement. GASB Statement No. 92 In January 2020, GASB issued Statement No. 92, Omnibus 2020. The primary objectives of this Statement are to enhance comparability in accounting and financial reporting and to improve the consistency of authoritative literature by addressing practice issues that have been identified during implementation and application of certain GASB Statements. Paragraphs 4, 5, 11 and 13 of this Statement are effective immediately. The remaining paragraphs of this Statement were effective for OCTA's fiscal year ending June 30, 2021, but were postponed by one year per GASB Statement No. 95, Postponement of the Effective Dates of Certain Authoritative Guidance. The implementation of paragraphs 4, 5, 11 and 13 of this Statement did not have a material effect on the financial statements. OCTA has not determined the effect of the remaining paragraphs of this Statement. GASB Statement No. 94 In March 2020, GASB issued Statement No. 94, Public -Private and Public -Public Partnerships and Availability Payment Arrangements. The primary objective of this Statement is to improve financial reporting by addressing issues related to public -private and public -public partnership arrangements. This Statement is effective for OCTA's fiscal year ending June 30, 2023. OCTA has not determined the effect of this Statement. 26 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2021 • • • GASB Statement No. 96 In May 2020, GASB issued Statement No. 96, Subscription -Based Information Technology Arrangements. This Statement provides guidance on the accounting and financial reporting for subscription -based information technology arrangements for government end users (governments). This Statement is effective for OCTA's fiscal year ending June 30, 2023. OCTA has not determined the effect of this Statement. GASB Statement No. 97 In June 2020, GASB issued Statement No. 97, Certain Component Unit Criteria, and Accounting and Financial Reporting for Internal Revenue Code Section 457 Deferred Compensation Plans. The primary objectives of this Statement are to (1) increase consistency and comparability related to the reporting of fiduciary component units in circumstances in which a potential component unit does not have a governing board and the primary government performs the duties that a governing board typically would perform; (2) mitigate costs associated with the reporting of certain defined contribution pension plans, defined contribution other postemployment benefit (OPEB) plans, and employee benefit plans other than pension plans or OPEB plans (other employee benefit plans) as fiduciary component units in fiduciary fund financial statements; and (3) enhance the relevance, consistency, and comparability of the accounting and financial reporting for Internal Revenue Code (IRC) Section 457 deferred compensation plans (Section 457 plans) that meet the definition of a pension plan and for benefits provided through those plans. Paragraphs 4 and 5 of this Statement are effective immediately, and the remaining paragraphs of this Statement are effective for OCTA's fiscal year ending June 30, 2022. The implementation of paragraphs 4 and 5 of this Statement did not have a material effect on the financial statements. OCTA has not determined the effect of the remaining paragraphs of this Statement. • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: March 4, 2022 TO: State Route 91 Advisory Committee FROM: Megan Kavand, SR. Financial Analyst THROUGH: Anne Mayer, Executive Director SUBJECT: Fiscal Year 2020/21 Riverside County Transportation Commission 91 Express Lanes Annual Financial Statements STAFF RECOMMENDATION: This item is for the Committee to receive and file the Fiscal Year (FY) 2020/21 Riverside County Transportation Commission (RCTC) 91 Express Lanes Fund audited financial statements. BACKGROUND INFORMATION: RCTC prepares the financial statements for the 91 Express Lanes Fund, an enterprise fund of RCTC. The financial statements present the results of operations and cash flows for the fiscal year and the financial position at the fiscal year end. In accordance with the debt agreements for the SR -91 Corridor Improvement Project, RCTC is required to obtain an independent auditor's opinion on the financial statements. Eide Bailly LLP (Edie Bailly), an independent accounting firm, conducted the audit for FY 2020/21 to obtain reasonable assurance about whether the financial statements are free from material misstatement. Edie Bailly completed its annual audit and issued its opinion of the RCTC 91 Express Lanes Fund financial statements for FY 2020/21. The audit was conducted in accordance with auditing standards generally accepted in the United States of America. Edie Bailly issued an unqualified opinion on the financial statements, indicating that the financial statements present fairly, in all material respects, the financial position of the RCTC 91 Express Lanes Fund as of June 30, 2021, and the changes in financial position and cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America. The FY 2020/21 audited financial statements for the RCTC 91 Express Lanes Fund present the fourth full year of operations for the RCTC 91 Express Lanes and are included as an attachment. Attachment: Fiscal Year Ended June 30, 2021 RCTC 91 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Financial Statements • RIVERSIDE COUNTY TRANSPORTATION COMMISSION ATTACHMENT A " Express J Lanes Safe - Reliable - Predictable 91 Express Lanes RCTC9I EXPRESS LANES FUND FINANCIAL STATEMENTS (Enterprise Fund of the Riverside County Transportation Commission) FISCAL YEAR ENDED JUNE 30, 2021 • • • RCTC 91 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Financial Statements For the Year Ended June 30, 2021 CONTENTS Independent Auditor's Report Management's Discussion and Analysis Financial Statements 1 3 Statement of Net Position 9 Statement of Revenues, Expenses and Changes in Fund Net Position 10 Statement of Cash Flows 1 1 Notes to Financial Statements 13 RIVERSIDE COUNTY TRANSPORTATION COMMISSION Inde•endent Auditor's Report EideBailly CPAs & BUSINESS ADVISORS Independent Auditor's Report Board of Commissioners Riverside County Transportation Commission Riverside, California Report on the Financial Statements We have audited the accompanying financial statements of the RCTC 91 Express Lanes Fund (the Fund), an enterprise fund of the Riverside County Transportation Commission (the Commission) as of and for the year ended June 30, 2021, and the related notes to the financial statements, as listed in the table of contents. Management's Responsibility for the Financial Statements Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error. Auditor's Responsibility Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from material misstatement. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity's internal control related to the Fund. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion. What inspires you, inspires us. eidebailly.com 10681 Foothill Blvd., Ste. 300 Rancho Cucamonga, CA 91730-3831 T 909.466.4410 F 909.466.4431 EOE Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the RCTC 91 Express Lanes Fund of the Commission, as of June 30, 2021, and the changes in financial position and cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America. Emphasis of Matter As discussed in Note 1, the financial statements present only the RCTC 91 Express Lanes Fund and do not purport to, and do not, present fairly the financial position of the Commission as of June 30, 2021, the changes in its financial position, or, where applicable, its cash flows for the year then ended in accordance with accounting principles generally accepted in the United States of America. Our opinion is not modified with respect to this matter. Other Matters Required Supplementary Information Accounting principles generally accepted in the United States of America require that the management's discussion and analysis, as listed in the table of contents, be presented to supplement the basic financial statements. Such information, although not a part of the financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management's responses to our inquiries, the financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance. Rancho Cucamonga, California October 29, 2021 2 L7'' RIVERSIDE COUNTY TRANSPORTATION COMMISSION Management's Discussion &Analysis • • • RCTC 91 Express Lanes Fund Management's Discussion and Analysis For the Year Ended June 30, 2021 As management of the RCTC 91 Express Lanes Fund (the Fund), an enterprise fund of the Riverside County Transportation Commission, we offer readers of the Fund financial statements this narrative overview and analysis of the Fund's financial activities for the fiscal year ended June 30, 2021. We encourage readers to consider information on financial performance presented in conjunction with the financial statements that begin on page 9. Financial Highlights • At the end of fiscal year (FY) 2020/21, the total net position (deficit) of the Fund was ($285,462,152) and consisted of net investment (deficit) in capital assets of ($333,137,341) and restricted net position of $47,675,189. • Net position (deficit) of ($285,462,152) during FY 2020/21 reflects the position after the fourth full year of toll operations. The eight -mile stretch between Interstate 15 and the Orange/Riverside County line and a tolled direct connector reached substantial completion and opened to motorists on March 20, 2017. • In FY 2020/21, total operating revenues of $46,302,018 include toll, violation penalty, and account fee revenues and Orange County Transportation Authority (OCTA) reimbursements. Total operating expenses of $26,571,944 include roadway and toll systems maintenance, customer service, back -office operations, other support costs, and depreciation and amortization. Overview of the Financial Statements This discussion and analysis is intended to serve as an introduction to the Fund's financial statements. The financial statements are comprised of the Fund financial statements and notes to the financial statements. The statement of net position presents information on all of the Fund's assets, liabilities, and deferred outflows/inflows of resources, with the difference reported as net position. Over time, increases or decreases in net position may serve as a useful indicator of whether the financial position of the Fund is improving or deteriorating. The statement of revenues, expenses and changes in fund net position presents information showing how the Fund's net position changed during the fiscal year. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of related cash flows. Thus, revenues and expenses are reported for some items that will only result in cash flows in future fiscal periods. The statement of cash flows presents information on the cash flows related to operating, noncapital financing, capital and related financing, and investing activities. The Fund financial statements can be found on pages 9-12 of this report. Notes to the financial statements provide additional information that is essential to a full understanding of the data provided in the financial statements. The notes to the financial statements can be found on pages 13-26 of this report. 91 Express Lanes Financial Analysis As noted previously, net position may serve overtime as a useful indicator of the Fund's financial position. At June 30, 2021, the Fund's net position reflected a deficit of $285,462,152. Our analysis below focuses on net position and changes in net position of the Fund's financial activities. 3 RCTC 91 Express Lanes Fund Management's Discussion and Analysis For the Year Ended June 30, 2021 RCTC 91 Express Lanes Fund Net Position Current and other assets Restricted assets Capital assets, net Total assets Deferred outflows of resources Total assets and deferred outflows of resources Current liabilities Long-term liabilities Total liabilities Deferred inflows of resources Total liabilities and deferred inflows of resources 83,994,079 88,696,432 262,716,444 $ 62,006,444 81,168,497 275,566,724 435,406,955 418,741,665 579,674 937,279 435,986,629 419,678,944 11,173,191 709,830,638 721,003,829 695,838,585 4,139,061 691,699,524 444,952 72,415 721,448,781 695,911,000 Net position Net investment in capital assets (333,137,341) (320,213,988) Restricted 47,675,189 43,981,932 Total net position (deficit) $ (285,462,152) $ (276,232,056) FY2020/21 representsthe fourth full year of toll operations forthe Fund.Total assets and deferred outflows of resources increased $16,307,685, or 4%, due to primarily to increases in cash and investments related to operations. Total liabilities and deferred inflows of resources increased $25,537,781 or 4%, primarily due to increases in toll supported long-term debt related to accreted and compounded interest. The Fund's net investment in capital assets reflects a deficit of $333,137,341 and represents (117%) of the total net position (deficit) in FY 2020/21. The Fund's net position reflects its investment in capital assets (i.e., land and land improvements; buildings; toll infrastructure; equipment, furniture and fixtures; transponders; and toll facility franchise), less any related outstanding debt used to acquire these assets. The Fund uses these capital assets, which include intangible assets, to provide improved mobility for the Fund customers and commuters along the State Route (SR) -91 corridor. Restricted net position, representing resources subject to external restrictions on how they may be used, was $47,675,189 and represents 17% of the total net position at June 30, 2021. 4 • • • • • • RCTC 91 Express Lanes Fund Management's Discussion and Analysis For the Year Ended June 30, 2021 The analysis below focuses on the changes in net position. RCTC 91 Express Lanes Fund Changes in Net Position 2021 2020 Operating revenues Toll, penalties, and fees Total operating revenues Operating expenses Management and operational services Administrative overhead Other operating expenses Professional services General and administrative Depreciation and amortization Total operating expenses Operating income $ 46,302,018 $ 56,440,369 46,302,018 56,440,369 10,527,308 10,288,241 875,400 912,800 2,176,684 960,208 1,349,767 1,341,747 874,718 249,768 10,768,067 10,784,109 26,571,944 24,536,873 19,730,074 31,903,496 Nonoperating revenues (expenses) Investment income 323,792 3,896,708 Interest expense (29,739,388) (28,855,679) Gain (loss) on sale of capital assets 1,100,189 (6,569,606) Total nonoperating revenues (expenses) (28,315,407) (31,528,577) Income before transfers (8,585,333) 374,919 Transfers from (to) the Commission, net (644,763) (2,010,675) Change in net position (9,230,096) (1,635,756) Total net position at beginning of year (deficit) (276,232,056) (274,596,300) Total net position at end of year(deficit) $ (285,462,152) $ (276,232,056) The Fund's total operating revenues decreased $10,138,351, or 18%, due to decreased traffic volumes resulting from the COVID-19 pandemic. As a result of the COVID-19 pandemic, the 91 Express Lanes temporarily suspended account fees and stopped the escalation of outstanding violations to the collection agency, which resumed October 1, 2020. Total operating expenses increased $2,035,071, or 8%, due to increases in various operations costs. Nonoperating expenses, net decreased $3,213,170, or 10%, primarily due to gain on the sale of excess land purchased for the 91 Project offset by the increase in interest expense and decrease in investment income. Net transfers to the Commission decreased by $1,365,912 as a result of a decrease in the transfer of surplus funds to fund the 15/91 Express Lanes Connector and 91 Corridor Operations projects, offset by the transfer of capital assets to the Commission's 15 Express Lanes Enterprise fund. Total traffic volume on the RCTC 91 Express Lanes Fund during FY 2020/21 was approximately 13,026,000 trips compared to 13,119,000 trips in FY 2019/20. 5 RCTC 91 Express Lanes Fund Management's Discussion and Analysis For the Year Ended June 30, 2021 Capital Assets As of June 30, 2021, the Fund had $262,716,444, net of accumulated depreciation and amortization, invested in a broad range of capital assets including: land and land improvements; buildings; toll infrastructure comprised of communication equipment and computer hardware and software; equipment, furniture and fixtures; toll facility franchise; and transponders. The decrease of $12,850,280, or 5%, was due to the sale of excess land, transfer of capital assets to the Commission's 15 Express Lanes Enterprise Fund, and the depreciation and amortization of the Fund's toll infrastructure, toll facility franchise, and other capital assets. RCTC 91 Express Lanes Fund Capital Assets, Net of Depreciation 2021 2020 Land and land improvements Toll infrastructure Toll facility franchise Transponders Development in progress Buildings Equipment, furniture, and fixtures Total capital assets, net $ 25,049,606 4,766,012 229,757,117 87,888 2,417,207 626,521 12,093 $ 262,716,444 $ 275,566,724 29,215,720 10,247,830 234,779,131 178,652 1,124,381 21,010 More detailed information about the Fund's capital assets is presented in note 4 to the financial statements. Debt Administration As of June 30, 2021, the Fund had $713,554,311 outstanding in toll revenue bonds, including a toll revenue bond in the form of a Transportation Innovation Finance and Infrastructure Act (TIFIA) loan. The increase of $22,567,179, or 3%, is due to the compounded and accreted interest on the toll -supported long-term debt. RCTC 91 Express Lanes Fund Outstanding Debt Toll revenue bonds TIFIA loan Total outstanding debt $ 210,216,120 503,338,191 $ 713,554,311 $ 690,987,132 204,647,796 486,339,336 Additional information on long-term debt can be found in note 6 to the financial statements. 6 • • • • • • RCTC 91 Express Lanes Fund Management's Discussion and Analysis For the Year Ended June 30, 2021 Economic and Other Factors The Fund makes up $42,542,200 or 6% of Commission's FY 2021/22 revenue budget. In FY2021/22,toll and non -toll revenues are forecasted to increase by 51% over the FY 2020/21 budget. This increase is based on estimated toll transactions and current traffic and revenue data resulting from the anticipated recovery from the COVID-19 pandemic in the prior year. The RCTC 91 Express Lanes have exceeded initial financing expectations, and the Commission's traffic consultant updated the investment grade and traffic and revenue study in December 2018. The average projected long-term rate of growth for toll road revenues beyond FY 2021/22 is 4.7%. The majority of expenses related to the Fund within FY 2021/22 budget are on -going general costs related to day-to-day operations of the toll facility. As a fully electronic toll facility, motorists pay tolls through the convenient use of FasTrak® transponders that automatically deduct toll charges from a prepaid account. Under a cooperative agreement entered into with OCTA in December 2011, the RCTC 91 Express Lanes are jointly operated with the OCTA 91 Express Lanes and collectively referred to as the 91 Express Lanes. The Commission and OCTA agreed on the use of the same initial operator, cost and revenue sharing, toll policies, business rules, interoperability of technology, and shared marketing activities. The joint operation allows for the sharing of costs and a seamless customer experience. Contacting 91 Express Lane's Management This financial report is designed to provide a general overview of the Fund's finances for all those with an interest in the government's finances and to demonstrate the Fund's accountability for the money it receives. Questions concerning any of the information provide in this report or requests for additional information should be addressed to the Chief Financial Officer, Finance Department at the Riverside County Transportation Commission, 4080 Lemon Street, 3rd Floor, P.O. Box 12008, Riverside, CA 92502- 2208. 7 • • • RCTC 91 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Statement of Net Position June 30, 2021 Assets Current assets: Cash and investments $ 80,976,283 Receivables Accounts 1,664,719 Interest 220,297 Due from other Commission funds 891,711 Prepaid expenses 188,727 Total current assets 83,941,737 Noncurrent assets: Restricted cash and investments 88,696,432 Net other post -employment benefits assets 52,342 Capital assets, net Nondepreciable 27,466,813 Depreciable and amortizable 235,249,631 Total noncurrent assets 351,465,218 Total assets 435,406,955 Deferred outflows of resources Pension benefits 521,094 Other post -employment benefits 58,580 Total assets and deferred outflows of resources 435,986,629 Liabilities Current liabilities: Accounts payable 4,360,386 Interest payable 2,028,876 Due to other Commission funds 918,608 Other liabilities 537 Compensated absences liability 44,784 Bonds payable - due within one year 3,820,000 Total current liabilities 11,173,191 Noncurrent liabilities: Net pension liabilities 37,104 Compensated absences liability 59,223 Bonds payable - due in more than one year 709,734,311 Total noncurrent liabilities 709,830,638 Total liabilities 721,003,829 Deferred inflows of resources Pension benefits Other post -employment benefits Total liabilities and deferred inflows of resources Net position Net investment (deficit) in capital assets Restricted for express lanes Total net position (deficit) 408,946 36,006 721,448,781 (333,137,341) 47,675,189 $ (285,462,152) 9 See notes to financial statements RCTC 91 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Statement of Revenues, Expenses and Change in Fund Net Position For the Year Ended June 30, 2021 Operating revenues Tolls, penalties, and fees $ 46,302,018 Operating expenses Management and operational services 10,527,308 Administrative overhead 875,400 Other operating expenses 2,176,684 Professional services 1,349,767 General and administrative expenses 874,718 Depreciation and amortization 10,768,067 Total operating expenses Operating income 26,571,944 19,730,074 Nonoperating revenues (expenses) Investment income 323,792 Interest expense (29,739,388) Gain on sale of capital assets 1,100,189 Total nonoperating revenues (expenses) (28,315,407) Income before transfers (8,585,333) Transfers Transfers in from Commission governmental funds 891,711 Transfers out to Commission enterprise funds (891,711) Transfers out to Commission governmental funds (644,763) Total transfers (644,763) Change in net position (9,230,096) Net position (deficit) at beginning of year Net position (deficit) at end of year See notes to financial statements 10 (276,232,056) $ (285,462,152) • • • • RCTC 91 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Statement of Cash Flows For the Year Ended June 30, 2021 Cash flows from operating activities Receipts from customers and users $ 45,309,382 Payments to vendors (11,516,936) Payments to employees (733,081) Payments for RCTC interfund services used (677,200) Reimbursements received for shared costs 200,494 Net cash provided by operating activities 32,582,659 Cash flows from noncapital financing activities Transfers of surplus funds to governmental activities Net cash used for noncapital financing activities Cash flows from capital and related financing activities Interest paid on long-term debt Acquisition of capital assets Proceeds from sale of capital assets Net cash used for capital and related financing activities Cash flows from investing activities Interest received Net cash provided by investing activities (515,538) (515,538) (7,119,938) (2,417,207) 4,707,897 (4,829,248) 703,370 703,370 Net increase in cash and cash equivalents 27,941,243 Cash and cash equivalents at beginning of year 141,715,370 Cash and cash equivalentsatend of year $ 169,656,613 Reconciliation of cash and cash equivalents to statement of net position Cash and investments $ 80,976,283 Less: fair value adjustment (16,102) Restricted cash and investments Total cash and cash equivalents See notes to financial statements 80,960,181 88,696,432 $ 169,656,613 11 RCTC 91 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Statement of Cash Flows, Continued For the Year Ended June 30, 2021 Reconciliation of operating income to net cash provided by (used for) operating activities Operating income $ 19,730,074 Adjustments to reconcile operating income to net cash provided by (used for) operating activities Depreciation and amortization expense 10,768,067 Change in assets and liabilities (Increase) Decrease in other receivables, net (1,037,882) (Increase) Decrease in due from other Commission funds 6,084 (Increase) Decrease in prepaid assets (21,490) Increase (Decrease) in pension and post -employment benefit liabilities, net of deferred items 84,434 Increase (Decrease) in accounts payable 2,797,968 Increase (Decrease) in due to other Commission funds 204,315 Increase (Decrease) in compensated absences liability 50,986 Increase (Decrease) in other liabilities 103 Total adjustments 12,852,585 Net cash provided by operating activities $ 32,582,659 Noncash capital, financing and investing activities Amortization of bond discount Accreted and compounded interest Net increase in the fair value of investments Transfer out of capital assets See notes to financial statements 12 $ 73,073 22,494,107 (204,403) (891,711) • • • • • • RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 1. Reporting Entity After more than a decade of work, which includes approximately three years of construction, the Riverside County Transportation Commission (Commission) achieved substantial completion on the SR - 91 Corridor Improvement (91 Project) on March 20, 2017, including express lane and general purpose lane improvements. In achieving substantial completion, the RCTC 91 Express Lanes opened to traffic and tolling commenced. The RCTC 91 Express Lanes cover an eight -mile stretch on State Route 91 (SR - 91) between Interstate 15 (1-15) and the Orange/Riverside County line and a tolled direct connector. The RCTC 91 Express Lanes Fund (Fund) is reported as a major enterprise fund in the Commission's basic financial statements. The accompanying financial statements present the net position, changes in net position, and cash flows of the Fund only. They do not purport to, and do not, present the overall financial position of the Commission or its changes in net position as of June 30, 2021. Note 2. Summary of Significant Accounting Policies The accounting policies of the Fund are in conformity with generally accepted accounting principles applicable to governmental units. The Governmental Accounting Standards Board (GASB) is the accepted standard -setting body for establishing accounting and financial reporting principles. Basis of Accounting: The financial statements of the Fund are reported using the economic resources measurement focus and the accrual basis of accounting. Revenues consisting substantially of tolls and fees, are recorded when earned, and expenses are recorded when a liability is incurred, regardless of the timing of related cash flows. Toll revenue is recognized when the customers utilize the toll road facility and payment is collected. Enterprise funds distinguish operating revenues and expenses from nonoperating items. Operating revenues and expenses generally result from providing services in connection with an enterprise fund's principal and ongoing operations.The principal operating revenues of the Fund are chargesto customers for use of the toll facility. Operating expenses for the Fund include the cost of services, administrative expenses, and depreciation and amortization on capital and intangible assets.All revenues and expenses not meeting this definition are reported as nonoperating revenues and expenses. Violations: Violations consist of uncollected violation tolls and penalties. Unpaid violations of $95,201,255 as of June 30, 2021 are not recognized as revenue until payment is received. If violations and penalties remain owed for more than 90 days, they are turned over to the collection agency. Unpaid violations remain recorded for a period of four years in accordance with the statute of limitations, at which time, they will be deemed uncollectible. Cash and investments: The Commission maintains cash and investments in accordance with the Investment Policy adopted by the Board of Commissioners in August 2020. The Investment Policy complies with the California Government Code (Code). Investments of bond proceeds as permitted by the applicable debt documents are maintained with U.S. Bank as trustee. Separate investment accounts are maintained for the proceeds of bond issues, with the earnings for each bond issue accounted for separately. The Fund participates in the Riverside County Pooled Investment Fund (RCPIF). Cash from other Commission revenue sources is commingled for investment purposes in the RCPIF, with investment earnings allocated to the different accounts based on average daily account balances. The Commission holds investments that are measured at fair value on a recurring basis. Investments in U.S. Treasury obligations, U.S. agency securities, corporate notes, mortgage and asset -backed securities, and municipal bonds are carried at fair value based on quoted market prices, except for money market investments, which are carried at amortized cost which approximates fair value. The RCPIF is carried at fair value based on the value of each participating dollar as provided by RCPIF. 13 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 2. Summary of Significant Accounting Policies, Continued Cash and cash equivalents: For the purpose of the statement of cash flows, the Commission considers all short-term investments with an initial maturity of three months or less to be cash equivalents. All deposits, commercial paper notes, money market funds, negotiable certificates of deposit, and the Fund's share of the RCPIF represent cash and cash equivalents for cash flow purposes. Restricted cash and investments: Investments set aside in the Senior Lien Obligations Reserve Fund, Senior Lien Capitalized Interest Fund, Residual Fund Scheduled Retained Balance Fund, and Toll Revenue Fund are pursuant to the terms of the 2013 Indenture and their use is limited by applicable debt terms and conditions. Permitted investments per the debt indentures include government obligations, State of California and local agency obligations, banker's acceptances, commercial paper notes, negotiable certificates of deposit, repurchase agreements, money market funds, other mutual funds, investment agreements, RCPIF, and variable and floating rate securities. Receivables: Accounts receivables include amounts due from other California toll road agencies related to their customers' use of the RCTC 91 Express Lanes, as well as amounts owed from the Orange County Transportation Authority (OCTA) in accordance with a cooperative agreement. Capital assets: Capital assets include land and land improvements; toll infrastructure; buildings; equipment, furniture and fixtures; toll facility franchise; and transponders. Capital assets are defined by the Fund as assets with an initial, individual cost of more than $5,000 and a useful life in excess of three years. It is also the Fund's policy to capitalize transponder purchases, as they are considered a significant class of assets even though individually under $5,000. Such assets are recorded at historical cost. The costs of normal maintenance and repairs that do not add value to the asset or materially extend asset lives are not capitalized. Capital assets are depreciated using the straight-line method over the following estimated useful lives: Asset Type Useful Life Buildings 10 years Equipment, furniture and fixtures 3 to 5 years Toll facility franchise 50 years Toll infrastructure 5 to 10 years Transponders 5 years In May 2012 the Commission entered into a toll facility agreement with California's Department of Transportation (Caltrans) and obtained authority to toll the SR -91 from the Orange County/Riverside County line to 1-15 for 50 years commencing as of the first day on which the RCTC 91 Express Lanes open for public use and toll operations. The RCTC 91 Express Lanes opened on March 20, 2017. Deferred outflows of resources: In addition to assets, the statement of net position reports a separate section for deferred outflows of resources. This separate financial statement element, represents a consumption of net position that applies to a future period and so will not be recognized as an outflow of resources (expense) until then. As of June 30, 2021, the Fund has deferred outflows of resources related to pension and other post -employment benefits (OPEB). • • • 14 • RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 'Note 2 Summary of Significant Accounting Policies; Continued Due to other Commission funds: During the course of operations, transactions occur between Commission governmental funds involving goods provided and services rendered. Compensated absences: Vacation hours accumulated and not taken at year-end is reported as a long- term liability, net of current portion, in the Fund. Sick leave is recorded as an expense when taken by the employee. Employees with continuous five years of service have the option of being paid for sick leave accumulated in excess of 240 hours at a rate of 50% (i.e., one hour's pay for every two hours in excess of 240). Any sick leave in excess of 240 hours is accrued at fiscal year-end, and a liability is reported in the Fund. Pensions: For purposes of measuring the net pension liability and deferred outflows/inflows of resources related to pensions and pension expense, information about the fiduciary net position of the Commission's California Public Employees' Retirement System (CaIPERS) plans (Plans) and additions to/deduction from Plans' fiduciary net position have been determined on the same basis as they are reported by CaIPERS. For this purpose, benefit payments (including refunds of employee contributions) are recognized when due and payable in accordance with benefit terms. Investments are reported at fair value. Post -employment benefits other than pensions: For purposes of measuring the net OPEB asset, deferred outflows/inflows of resources related to the OPEB asset and OPEB expense, information about the fiduciary net position of the Commission's OPEB plan, and additions to/deductions from the OPEB fiduciary net position have been determined on the same basis as they are reported by California Employers' Retiree Benefit Trust administered by CaIPERS. For this purpose, benefit payments are recognized when due and payable in accordance with benefit terms. Investments are reported at fair value, except for money markets and participating interest -earning investment contracts that have a maturity at the time of purchase of one year or less, which is reported at cost. Deferred inflows of resources: In addition to liabilities, the statement of net position reports a separate section for deferred inflows of resources. This separate financial statement element, represents an acquisition of net position that applies to a future period and will not be recognized as an inflow of resources, or revenue, until then. The Fund has deferred inflows of resources related to pension and other post -employment benefits. Risk management: The Fund purchases commercial property insurance including business interruption, earthquake, and flood coverage related to the toll facility. Net position: Net position represents the difference between assets plus deferred outflow of resources and liabilities plus deferred inflow of resources and is classified into two categories: • Net investment (deficit) in capital assets consists of capital and intangible assets, net of accumulated depreciation, reduced by the outstanding balances of any borrowings used for the acquisition, construction, or improvement of those assets and excludes unspent debt proceeds. • Restricted net position represents restricted assets less liabilities related to those assets. Restricted assets are recorded when there are limitations imposed by creditors (such as through debt covenants). The statement of net position includes restricted net position for the portion of net toll revenues restricted by the 2013 Master Indenture for toll operations. The deficit in net investment in capital assets will be reduced by future toll revenues for the payment of outstanding toll obligations. 15 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 2. Summary of Significant Accounting Policies, Continued Use of estimates: The preparation of the financial statements in conformity with accounting principles generally accepted in the United States requires management to make estimates and assumption that affect certain reported amounts and disclosures during the reporting period. As such, actual results could differ from those estimates. Note 3. Cash and Investments Cash and investments are comprised of the following atJune 30, 2021: Cash in bank Investments With RCPIF With Trustee Total investments Total cash and investments Total cash and investments are reported in the financial statements as: Unrestricted cash and investments Restricted cash and investments Total cash and investments $ 183,074 80,793,209 88,696,432 169,489,641 169,672,715 $ 80,976,283 88,696,432 $ 169,672,715 Fair Value Hierarchy: The Commission categorizes its fair value measurements within the fair value hierarchy established by generally accepted accounting principles. The hierarchy is based on the valuation inputs used to measure fair value of the assets. Level 1 inputs are quoted prices in an active market for identical assets; Level 2 inputs are based on similar observable assets either directly or indirectly, which may include inputs in markets that are not considered to be active; and Level 3 inputs are significant unobservable inputs (the Commission does not value any of its investments using Level 3 inputs). 16 e • • • • • RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 3. Cash and Investments, Continued The following is a summary of the fair value hierarchy of the fair value of investments of the Fund as of June 30, 2021: Fair Value Measurements Using Investments byfairvalue level: Investments subject to fair value hierarchy: Mortgage and asset -backed securities $ 34,137,354 - $ 34,137,354 U.S. Treasury obligations 21,084,352 21,084,352 Money market mutual funds 23,056,188 23,056,188 - U.S. agency securities 3,438,320 3,438,320 Corporate notes 5,556,299 5,556,299 Municipal bonds 1,423,919 1,423,919 Total investments measured at fair value 88,696,432 $ 44,140,540 $ 44,555,892 June 30, 2021 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Investments not subject to fair value hierarchy: RCPIF Total investments 80,793,209 $ '169,489,641 Investments classified in Level 1 of the value hierarchy, valued at $44,140,450 are valued using quoted prices in active markets. Mortgage and asset -backed securities totaling $34,137,354, U.S. agency securities totaling $3,438,320, corporate notes totaling $5,556,299, and municipal bonds totaling $1,423,919, classified in Level 2 of the fair value hierarchy, are valued using matrix pricing techniques maintained by various pricing vendors. Matrix pricing is used to value securities based on the securities' relationship to benchmark quoted prices. Fair value is defined as the quoted market value on the last trading day of the period. These prices are obtained from various pricing sources by the custodian bank. 17 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 3. Cash and Investments, Continued As of June 30, 2021, the Fund has the following investments: Investments RCPIF Held by Trustee Corporate notes Money market mutual funds Mortgage and asset -backed securities Municipal bonds U.S. agency securities U.S.Treasury obligations Total Investments Portfolio weighted average 3.310 The weighted average maturity is calculated using the investment's effective duration weighted by the investment's fair value. As of June 30, 2021, mortgage and asset -backed securities totaled $34,137,354. The underlying assets are consumer receivables that include credit cards, auto/equipment, and home loans. The securities have a fixed interest rate and are rated Aaa/AA+ by least two of the three nationally recognized statistical rating organizations. Deposits and withdrawals in the RCPIF are made on the basis of $1.00 (cost basis) and not fair value. Accordingly, the Fund's investment at June 30, 2021 is uncategorized, not defined as Level 1, Level 2, or Level 3 input. Interest rate risk: While the Commission does not have a formal policy related to the interest rate risk of investments, the Commission's investment policy follows the Code as it relates to limits on investment maturities as a means of managing exposure to fair value losses arising from increasing interest rates. In accordance with the Commission's investment policy, restricted investments are invested in accordance with the maturity provisions of the specific bond indenture, which may extend beyond five years. Custodial credit risk: Custodial credit risk for deposits is the risk that, in the event of the failure of a depository financial institution, a government will not be able to recover its deposits or will not be able to recover collateral securities that are in the possession of an outside party. The custodial credit risk for investments is the risk that, in the event of the failure of the counterparty (e.g., broker -dealer) to a transaction, a government will not be able to recover the value of its investment or collateral securities that are in the possession of another party. The Commission's investment policy requires that a third party bank trust department hold all securities owned by the Commission. All trades are settled on a delivery versus payment basis through the Commission's safekeeping agent. The Fund has deposits with a bank balance of $183,074 with a financial institution; bank balances over $5,000,000 are swept daily into a money market account. Of the bank balance, up to $250,000 is federally insured under the Federal Depository Insurance Corporation with balances in excess of $250,000 collateralized in accordance with the Code; however, the collateralized securities are not held in the name of the Commission. Fair Value Principal $ 80,793,209 $ 80,777,107 5,556,299 23,056,188 34,137,354 1,423,919 3,438,320 21,084,352 $ 169,489,641 5,557,627 23,056,188 33,786,109 1,416,731 3,420,150 20,897,727 $168,911,639 Interest Rate Range 0.010% - 3.290% 0.195%- 0.891% 0.010% (1.053%) -1.979% 0.070% - 0.910% 0.091%-1.313% (1.114%) -1.426% Maturity Range 7/1/21 - 6/30/26 2/24/23 - 6/9/25 N/A 7/25/21 - 9/16/55 3/1/22 -10/1 /51 1/13/22 -11/16/28 10/31/21 - 8/15/30 Weighted Average Maturity (Years) 1.148 2.798 27 days or 0.074 7.986 6.053 2.981 2.133 18 • • • • • • RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 3. Cash and Investments, Continued Credit risk: The Commission's investment policy as well as the specific bond indentures set minimum acceptable credit ratings for investments from any of the three nationally recognized statistical rating organizations. The following table is a summary of the credit quality distribution and concentration of credit risk by investment type as a percentage of each category's fair value at June 30, 2021; securities denoted as NR are not rated by one of the nationally recognized statistical rating organizations. Investments Moody's S&P % of Portfolio RCPIF Aaa-bf AAA/f/S1 47.67% Corporate Notes A1 A 0.14% Notes A1 A+ 0.42% Notes A1 A- 0.10% Notes A1 BBB+ 0.22% Notes A2 A 0.27% Notes A2 A- 0.55% Notes A2 BBB+ 0.52% Notes A3 A- 0.56% Notes A3 BBB+ 0.10% Notes Aa3 A+ 0.31% Notes Baal A- 0.09% Money market mutual funds Funds Aaa AAA 13.60% Mortgage and asset backed securities Securities Aa1 NR 0.06% Securities Aaa M+ 18.85% Securities Aaa MA 0.52% Securities Aaa NR 0.32% Securities NR AAA 0.39% Municipal bonds Bay Area Toll Authority A1 M- 0.06% City of New York Transitional Finance Authority Aa1 AAA 0.10% Collin County, Texas Aaa AAA 0.10% Colorado Housing and Finance Authority, Inc. Aaa AAA 0.12% El Dorado Irrigation District Aa3 M- 0.09% Santa Clara Valley Joint Powers Authority NR M 0.10% State of New York Urban Development Corporation Aa2 NR 0.11% State of New York Dormitory Authority NR M+ 0.10% University of New Jersey, Rutgers Aa3 A+ 0.06% U.S. agency securities Notes Aaa M+ 2.03% U.S. Treasuries Treasury NR NR 12.44% Total 100.00% 19 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 3. Cash and Investments, Continued Concentration of credit risk: The Commission's investment policy places a limit of 10% on the amount of investment holdings with any one non-U.S. Government or non-federal agency issuer. As of June 30, 2021, the Commission did not have investments in any one issuer that represents more than 5% of the Commission's total investments. Note 4. Capital Assets Capital assets activity for the Fund for the year ended June 30, 2021 is as follows: Balance June 30, 2020 Transfers Additions Balance Deletions June 30, 2021 Capital assets not being depreciated: Land and land improvements Development in progress Total capital assets not being depreciated Capital assets being depreciated and amortized: Toll infrastructure Transponders Buildings Equipment, furniture, and fixtures Toll facility franchise Total capital assets being depreciated and amortized: Less accumulated depreciation and amortization for: Toll infrastructure Transponders Buildings Equipment, furniture, and fixtures Toll facility franchise Total accumulated depreciation Total capital assets being depreciated and amortized, net Capital assets, net $ 29,215,720 $ (558,405) $ 29,215,720 (558,405) 27,899,996 - 453,818 - 1,623,658 (484,809) 60,695 - 250,692,492 280,730,659 (484,809) 2,417,207 2,417,207 (3,607,709) 27,466,813 $ (3,607,709) $ 25,049,606 2,417,207 27,899,996 453,818 1,138, 849 60,695 250,692,492 280,245,850 (17,652,166) (275,166) (499,277) (39,685) (15,913,361) (34,379,655) 246,351,004 (5,481,818) (90,764) 151,503 (164,554) (8,917) (5,022,014) 151,503 (10,768,067) (333,306) (10,768,067) (23,133,984) (365,930) (512,328) (48,602) (20,935,375) (44,996,219) 235,249,631 $ 275,566,724 $ (891,711) $ (8,350,860) $ (3,607,709) $ 262,716,444 On May 14, 2012, the Commission entered into a toll facilities agreement with Caltrans providing the Commission with authorization to toll the SR -91 from Orange/Riverside County line to 1-15 for 50 years commencing as of the first day on which the RCTC 91 Express Lanes open for public use and toll operations. The agreement also set forth the Commission's leasehold rights to Caltrans' right of way and Caltrans' oversight role in the operations and maintenance of the RCTC 91 Express Lanes. 20 • • • • • RCTC 91 Express Lanes Enterprise fund Commission's Special Revenue fund Total transfers out to other Commission funds • RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 5. Interfund Transactions Due from/to other Commission funds: The composition of balances related to due from other funds and due to other funds of the Commission at June 30, 2021 is as follows: Payable Fund Receivable Fund Amount Explanation RCTC 91 Express Lanes Enterprise fund RCTC 91 Express Lanes Enterprise fund RCTC 91 Express Lanes Enterprise fund Commission's Special Revenue fund Total due from (to) other Commission funds, net Commission's General fund $ (231,500) Administrative cost allocation Commission's General fund (42,345) Fringe benefits allocation Commission's Special Revenue fund (644,763) 91 Corridor Operations project reimbursements RCTC 91 Express Lanes Enterprise fund 891,711 Transfer of capital assets $ (26,897) Transfers to/from other Commission funds: During 2021, transfers to/from other Commission funds were as follows: Transfer Out Transfer In Amount Explanation RCTC 91 Express Lanes Enterprise fund Commission's Special Revenue fund $ Commission's 15 Express Lanes Enterprise fund RCTC 91 Express Lanes Enterprise fund (644,763) (891,711) Transfer of capital assets 891,711 $ (644,763) Transfer of surplus funds to fund the 91 Corridor Operations project Payment for capital assets transferred to 15 Express Lanes 21 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 6. Long Term Obligations The following is a summary of changes in long-term debt obligations for the year ended June 30, 2021: Toll revenue bonds: 2013 Bonds Toll revenue bonds discount Total bonds payable, net Balance Additions / June 30, 2020 Accretion $ 206,576,096 $ 5,495,251 $ (1,928,300) 204,647,796 5,495,251 TIFIA loan 486,339,336 16,998,855 Compensated absences liability 53,021 73,135 Total long-term obligations $ 691,040,153 $ 22,567,241 $ Reductions Balance Due Within June 30, 2021 One Year $ 212,071,347 $ 3,820,000 73,073 (1,855,2271 73,073 210,216,120 3,820,000 503,338,191 - (22,149) 104,007 44,784 50,924 $ 713,658,318 $ 3,864,784 In July 2010, the Commission authorized the issuance and sale of not to exceed $900 million of toll revenue bonds related to the 91 Project. In March 2020, the Commission authorized the issuance and sale of not to exceed $725 million of toll revenue refunding bonds related to the RCTC 91 Express Lanes. 2013 Toll Revenue Bonds, Series A (Current Interest Obligation): In July 2013, the Commission issued $123,825,000 principal amount of serial current interest bonds (CIBs) at a discount of $2,433,315 to fund a portion of the 91 Project, pay capitalized interest during construction, fund a debt service reserve fund, fund an initial amount for an operations and maintenance fund, and pay costs of issuance. The CIBs consist of a serial bond maturing on June 1, 2044 in the amount of $39,315,000 at an interest rate of 5.75% and a term bond due on June 1, 2048 in the amount of $84,510,000 with annual sinking funds payments of $42,255,000 on June 1, 2047 and June 1, 2048 at an interest rate of 5.75%. Outstanding $ 123,825,000 In accordance with the bond maturity schedule, the approximate annual debt service requirements to maturity for the 2013 Toll Revenue Bonds CIBs payable throughout the term of the bonds are as follows: Year Ending June 30 Principal 2022 2023 2024 2025 2026 2027-2031 2032-2036 2037-2041 2042-2046 2047-2048 22 $ $ 39,315,000 84,510,000 $ 123,825,000 Interest $ 7,119,900 7,119,900 7,119,900 7,119,900 7,119,900 35,599,700 35,599,700 35,599,700 31,078,500 7,289,100 $ 180,766,200 Total 7,119,900 7,119,900 7,119,900 7,119,900 7,119,900 35,599,700 35,599,700 35,599,700 70,393,500 91,799,100 $ 304,591,200 • • • • • • RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 6. Long Term Obligations, Continued 2013 Toll Revenue Bonds, Series B (Capital Appreciation Obligation): Outstanding In July 2013, the Commission issued $52,829,602 principal amount of serial capital appreciation bonds (CABs) to fund a portion of the 91 Project, pay capitalized interest during construction, fund a debt service reserve fund, fund an initial amount for an operations and maintenance fund, and pay costs of issuance. The CABs will not pay current interest as interest will be compounded commencing December 2013 semiannually and paid at maturity. Therefore, the CABs will increase in value, or accrete, by the accumulation of such compounded interest from its initial principal amount to the maturity value in installments ranging from $3,440,000 to $34,220,000 on various dates from June 1, 2022 through June 1, 2043. Interest rates and yield to maturity range from 5.30% to 7.15%. During 2021, the accretion amount was $5,495,251; the aggregate accretion through June 30, 2021 is $35,416,745. $ 88,246,347 In accordance with the bond maturity schedule, the approximate annual debt service requirements to maturity for the 2013 Toll Revenue Bonds CABs payable throughout the term of the bonds are as follows: Year Ending June 30 Principal Accreted Interest Total 2022 2023 2024 2025 2026 2027-2031 2032-2036 2037-2041 2042-2043 $ 2,396,700 3,098,000 3,739,200 4,364,200 2,227,300 16,824,800 8,387,700 3,355,000 8,436,700 $ 52,829,600 $ 145,650,400 $ 1,423,300 2,231,900 3,245,900 4,450,800 2,647,700 29,425,200 23,767,300 20,355,000 58,103,300 $ 3,820,000 5,329,900 6,985,100 8,815,000 4,875,000 46,250,000 32,155,000 23,710,000 66,540,000 $198,480,000 TIFIA Loan Agreement: Outstanding In July 2013, the Commission executed a TIFIA loan of up to $421,054,409, which proceeds financed a portion of the costs for the 91 Project. During construction and for a period of up to five years following substantial completion, interest is compounded and added to the initial TIFIA loan. The TIFIA loan requires mandatory debt service payments at a minimum and scheduled debt service payments to the extent additional funds are available. TIFIA debt service payments are expected to commence on December 1, 2021, which is five years after substantial completion of the 91 Project, through June 1, 2051. The interest rate of the TIFIA loan is 3.47%. $ 503,338,191 The TIFIA loan is a toll revenue bond that is subordinate to the senior toll revenue bonds. 23 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 6. Long Term Obligations, Continued In accordance with the TIFIA loan maturity schedule, the approximate mandatory annual debt service requirements to maturity for the TIFIA loan payable throughout the term of the loan are as follows: Mandatory Year Ending June 30 Principal Interest Total 2022 $ - $1,921,000 $1,921,000 2023 - 1,921,000 1,921,000 2024 - 1,924,000 1,924,000 2025 - 1,919,000 1,919,000 2026 - 7,772,000 7,772,000 2027-2031 100,000 50,809,000 50,909,000 2032-2036 148,673,000 85,985,000 234,658,000 2037-2041 127,195,000 69,709,000 196,904,000 2042-2046 143,501,000 51,730,000 195,231,000 2047-2051 83,869,200 18,451,000 102,320,200 Total $ 503,338,200 $ 292,141,000 $ 795,479,200 In connection with the issuance of the 2013 Toll Revenue Bonds consisting of the CIBs and CABs, a debt service reserve of $17,665,460 and an operations and maintenance fund of $3,137,666 were established. Upon opening of the RCTC 91 Express Lanes in March 2017, the operations and maintenance fund was transferred from the trustee to the Commission for operations. Additionally, the toll indenture and TIFIA loan agreement require the Commission to establish a subordinate obligations reserve fund of $20,000,000 no later than July 1, 2019. The $20,000,000 reserve was funded in June 2019 from the proceeds of the sale of excess properties on the SR -91 and surplus revenues. Note 7. Commitments and Contingencies Cooperative agreements: The RCTC SR -91 Express lanes are jointly operated with the existing OCTA 91 Express Lanes and collectively referred to as the 91 Express Lanes. Under the Orange -Riverside Cooperative Agreement, which was entered into in December 2011, the Commission and OCTA agreed on the use of the same initial toll operator, cost and revenue sharing, toll policies, business rules, interoperability of technology, and marketing activities as well as OCTA review of design plans and construction activities for the 91 Project. In May 2013 the Commission entered into a three -party agreement with OCTA and the third -party toll operator, for the operations of the 91 Express Lanes. This will ensure streamlined and consistent intercounty travel for motorists on the OCTA 91 Express Lanes in Orange County and RCTC 91 Express Lanes in Riverside County. The third -party operator provides operating services to the Commission in the annual amount of $6,942,600 plus inflation for three initial years with two one-year extension options, subject to Board of Commissioners approval. The third -party operator is responsible for the day-to- day operations of the toll facility; another contractor is responsible for maintaining the roadside toll collection system under a separate agreement with the Commission. The agreement with the third -party operator expires on December 31, 2021, as amended in September 2019. 24 • • • • RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 7. Commitments and Contingencies, Continued In November 2019, the Commission awarded an agreement to the third -party operator to develop and install a new back office system and to provide express lane operator services, including the back office and customer services center. The agreement is a three -party contract including OCTA. The contract has a five-year term beginning upon completion and implementation of the new back office system, plus two 3 -year options, to operate both the OCTA and RCTC 91 Express Lanes. The operating term is anticipated to begin by December 2021. Purchase commitments: The Fund has entered into other agreements in the ordinary course of business with companies and other governmental agencies related to operations and maintenance. These agreements, which are significant, are funded with available and future revenues. Note 8. Pensions and Other Post -Employment Benefits Other Than Pensions The Fund participates in the Commission's cost -sharing multiple employer defined benefit pension plan administered by the California Public Employees' Retirement System and the Commission's OPEB. Employees of the Fund are employees of the Commission as a whole. The required note disclosures regarding pension plans and OPEB are included in the Commission's financial statements. Please see those financial statements for information about the pension plans and OPEB as a whole. The net pension liability of $37,104 and net OPEB asset of $52,342, reported by the Fund, represent the Fund's proportional share of the Commission's net pension liability of $524,003 and net OPEB asset of $739,200. The Fund's net pension liability and net OPEB asset each represent 7% of the Commission's net pension liability and net OPEB asset, respectively. For the year ended June 30, 2021, the Fund's contributions recognized as part of pension and OPEB expenses were $112,741 and ($28,307), respectively. Note 9. Subsequent Events In October 2021, the Commission issued toll revenue refunding bonds (2021 Toll Refunding Bonds) consisting of $88,735,000 senior lien federally taxable bonds, $450,629,000 senior lien tax-exempt bonds, and $75,695,000 second lien tax-exempt bonds. The proceeds of the 2021 Toll Refunding Bonds were used to refund a portion of the RCTC 91 Express Lanes 2013 Toll Revenue CIBs, pay the purchase price of the 2013 Toll Revenue CIBs accepted for tender for cash, refund and prepay the TIFIA loan, fund capitalized interest, make deposits to required reserves, and pay costs of issuance. Certain senior lien tax-exempt bonds issued were exchanged for certain 2013 Toll Revenue CIBs accepted for exchange. Additionally, the Commission deposited available funds with an escrow agent to defease approximately $28,919,000 in accreted value of the 2013 Toll Revenue CABs maturing in the years 2022 through 2025 and 2027 through 2029. 25 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2021 Note 10. Pronouncements Issued, Not Yet Effective In May 2020, the Commission adopted GASB Statement No. 95, Postponement of the Effective Dates of Certain Authority Guidance. In light of the COVID-19 pandemic and effective immediately, this statement provides temporary relief to governments and other stakeholders with a delay in the effective dates of several GASB statements. The GASB pronouncements issued prior to June 30, 2021 that have an effective date that may impact future financial presentations include: • GASB Statement No. 87, Leases, effective for the fiscal year that ends June 30, 2022; • GASB Statement No. 89,Accounting for Interest Cost Incurred Before the End of a Construction Period, effective for fiscal years beginning after December 31, 2021; • GASB Statement No. 91, Conduit Debt Obligations, effective for fiscal years beginning after December 31, 2022; • GASB Statement No. 92, Omnibus 2020, effective for the fiscal year that ends June 30, 2022; • GASB Statement No. 93, Replacement of Interbank Offered Rates, effective for the fiscal year that ends June 30, 2022; • GASB Statement No. 94, Public -Private and Public -Public Partnerships and Availability Payment Arrangements, effective for the fiscal year that ends June 30, 2023; • GASB Statement No. 96, Subscription -Based Information Technology Arrangements, effective for the fiscal year that ends June 30, 2023; and • Implementation Guide No. 2019-3, Leases, effective for the fiscal year that ends June 30, 2022. 26 • • • Riverside County Transportation Commission (951) 787-7141 www.rctc.org 4080 Lemon Street, 3rd Floor P.O. Box 12008 • Riverside, CA 92502-2208 • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION 91 EXPRESS LANES UPDATE SR -91 Advisory Co mmittee Meeting March 4, 2022 • • • • eft Express 1 Lanes A Look Back Over the Past Two Years • Traffic volumes and toll revenues reached all-time highs in Orange and Riverside Counties prior to c or onavirus (COVID-19) • Initial stay-at-ho me orders issued in March 2020 • Temporary measures implemented • Traffic levels in general-purpose and 91 E xpress Lanes have returned to pre-COVID-19 levels OCTA 2 OCTA RIF an." Pa st Two Ye ars of Tr affi c V olumes - OC Weekly Trips 450,000 400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 2019 Weekly Trips Average 0 0 0 0 0 0 0 0 0 0 0 o ti ti ti ti ti ti ti ti ti ti ti ti ti ti ti cb\ti \� o\ti ti\� o\ti 4\ti 41 ti \ti °\ti \ti o\ti ti\ti ° \ti \ti ti\ti \ ti \ti o\ti \ ti ti\ ti �,\ ti \titi �\ �\ p\ h\ \� °\ti \ti\ti\ti o\ti 1\~\ti N\.°'ti\ 3\ �\ `'\ y\ti °\ ti ,\\ti °\ti °\ ti °\ti ti\ti ti\ti ti\ y\�oti \�\moo \y \moo ��° �o\moo Q\�y 1\� o\mo °\mo � \mo �°ti Doti Do ti �\y\ti., �\,�.� �\,�ti h \ti.� \�, \�N, \�,� \ma o� �1 �1ti �: ti\ ti \ I y\ti ° \ti ,\\ti \ti C\ti o\yti\ yti\w y\° \ 1, \r .))\ti NV y \tip 1. A\N . \N. 'to \�ti\ti 1 °\ti°\ yti\A\ • • • • • • an." To ll Revenues Over the Past Two Y ears - OC Weekly Revenues in $ 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 2019 Weekly Revenue Average 19 P ti� ti� ti� ti� ti9 ti� ti � ti� ti � ti� ti� titi titi titi titi titi titi titi titi titi titi titi titi titi ti ti v 3\�\ °\a\ h\�\ \3 �\ \tip\ ti`'\ ti ti\ ti c\ tip\ ti °\ titi\ \�\ \x \�\ �\ ti\ �\ \�o o y\vim \.19. �cp �o,\\ �o� \ �o�\ otio \ oti ti\ o titi\ \��• , \�tiy \� ti3 ��o\ �tih\ yy\ ti ti \ ti ��\ ti ��\ti y�\ti y o\ti titi\ti by\ti ���\ \`' \ \ \ti a\ti h\tia\ \titi\ , �\tip\ \tip\ \tip\ o \yti \n y ti\�\ti NI' 1\3 ti\�ti ti\tip ,�\tip \ \ti `'\ h\tip\� \yo\~�\ti' tiy\ �yy\ti61' y0\ti ti A\ 4)V' N9 4) y ti 4 &Express Lanes Comparison Over the P ast F ew Y ears - OC 2,000,000 1, 800,000 1,600,000 1,400,000 1,200,000 1,000, 000 800,000 600,000 400,000 200,000 '1' OCTA May Jun Ian Feb Mar Monthly Traffic Volumes Monthly Toll Revenues AK 2021 Jul Aug Sep Oct Nov Dec $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 s 2021 2019 2020 Ja n F eb M ar Apr May Jun J ul A ug S ep Oct Nov Dec • • • • • • Express 1 Lanes Past Two Years of Traffic Volumes - RC We ekly Trips 400,000 350,000 300,000 250,000 200,000 150,000 100,000 50,000 2019 Weekly Trips Average 41° 4° \ti o a\ti° \ti° )Ps \ti° \ti° \ti° \ti° ti° ti° ti� titi by titi titi by titi titi titi ti t titi titi tit titi ti\ti ti\ .\ °\ 4,ti \� \ti ti`' titi ti° tip\ tiQ\ ~ti\ ti\°\ ti\°\\°\\3 y\ti\ ti\ tip\ ti titi\ 1 �\ ti`s ti3\ titi\ \ �\ ti° ti ° ti° ti 9h o o'\ o�\°\ '> °\ ti ti\ titi \ ti sr ti ti , `�\ °\ �\ �\ �\ o\ ti\ ti\ 1 a\ \ti°\� co\titi1,\\1°\1ti6\� tip\� \titi \�°yti \�\�°y�\°\�� ti\3\� ti\�1\� ti \tip\� \ti°\� b\ti41 \tip\�� \ti°\� \tip\�� \tih\may ti\ti °,y,\°)` y y\�\�y \h\ti yy ti\ti\�ti ti �\ do ti ti 6 Pr a Express Lanes Toll Revenues Over the Past Two Ye ars - RC Weekly Revenues in $ 1,600,000 1,400,000 1,200,000 1,000,000 800,000 600,000 400,000 200,000 \,yo 1\0 2019 Weekly Revenue Average yo ,yo ,yo do , yo yo yo yo ,yo yo yo yo titi\ \b \�\ a\ , \ti\ 30 y1\ ti`'\ ti°\ ti 19:1'�0� 15)"‘o\�o \so \ � ��\ \�o�\ „ 1„,z( \,1o� �oy �,z)N ti\ 3\ \ti b\ti \tio` \,yti 1\ti p \N,(0\ti' y%o\titi\ yy\4 �" \o\ ti ti\no o\,1y \1y \ryN. may ti\may o\ma y o\� � a\may ti\may \ may o ,y N. ti\may \ iv ti,'\ N,L\ ti3 \ y�\ tiy\ `„\� 50 . A . `1\� \ . ,,.. AN' titi\ ~ titi\1 '�y\ ti8i\~ ,�\ti`s\� \ti`'\� ti �\~~ do\� 1 ti,may tih\1 ' tioy1 o\1> 1> h\ny ti\ti\� ti ti % o\ '\ % N. yoV titi\ titi\ • • • • • • 1,600,000 1,400,000 1,200,000 1, 000,000 800,000 600,000 400,000 200,000 • Express J Lanes Co mparison Over the P ast Few Y ears - RC Monthly Traffic Volumes 2021 2019 2020 Jan Feb Mar Apr May Jun 14 1 Aug Sep Oct Nov De c $7,000,000 $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000 ,000 51,000,000 5 - J an Monthly Toll Revenues F eb M ar Apr M ay Ju n J ul Aug S ep Oct Nov Dec OCTA 8 a• Express 1 Lanes O perational Activiti es • Account and 6C transponder transition completed • Freeway Service Patrol c overing r oadside services for Orange Co unty segment • Infrastructure gantry project estimated to be completed by summer 2022 • Transition to new back -office system and operating c ontract in March 2022 OCTA 9 • • • • • • OCTA • Express 1 Lanes Back -Office System and Op erations • New co ntract with Cofir oute, USA approved by b oth agencies in 2019 and is for five years, with two three-year options • Current agreement plus extensi ons ends on March 31, 2022 • Deployment and transition planned over the March 5th weekend New back -office system includes new features 10 • Express JI L anes New System Features - Websit e • Improved account opening pr ocess • Improved account management • Dispute a transaction or violation • Submit an inquiry • Co mmunication o pt -in selections • State of the art security OCTA a LeneP s.... Open Account Vi ol ati ons Ge neral Info FAQs C ont act Us 4 Ann ou nt Login LIVE LIFE ON TIME. Don t let traffic rule your life. Tra vel between Ora nge and Riverside C ounti es with the 91 Express Lanes. You may be eligible to drhe TOLL-FREP for t wo weeks! AAA m ember+ PaYby vedRe'Signia2andgtUUe ntl oa6 3^ G SG P ay a T oll Vi ol ati on Search a nd pay n olanons o nlne . M anage Acc ou nt L og into y our account Latest Updates V,ew t oll r ates f oray segme nts A AA Membcf Credit C ard Open on Account 11 • • • • • • • Express 1 Lanes New System Features - Telephone • Improved automated response and self-service opti ons • Improved call management • Impro ved reporting • Contactless payment processing • Customer Satisfactio n Survey • Enhanced training tools fo r staff OCTA 12 • Express etJ Lanes New System Features - C as e Man agement • Detailed documentation of cust omer inquiries • Provides for assignment of workflows • Traceability of the pro cess • Too ls for ease of monito ring and reporting OCTA • • • • ek, Express J Lanes New System Features - Violations • Direct connection for registered owner informati on with Arizona • Co mbine multiple violation transactions int o single notice • Submit unpaid violations to Calif ornia DMV for registration ho ld • Perform additional address searches and n otification pri or to submitting to collectio n agency FR OCTA 14 RCTC • Express J Lanes New System Featur es -Payment Proc essing • Tokenized credit card processing • Auto mated credit card expiration updates • Electronic check processing • Automated clearing house payment option Ira OCTA • • 15 • • • aLanes Express Pe rformance Requirements • Customer service report card • Stringent system availability • Faster o perational response times Pig OCTA 16 OCTA aLanes Express Tra nsition • No tices sent out via email and mail • Custo mer service center cl osed on Friday, March 4th • Deployment occurring over a three-day peri od • Transition complete and reopening of customer service center on March 7th • Terms of new agreement commence on March 7th • • • • • • RCTC &Express Lanes Loo king Ahead • Monito r the conversion of the new back -office system • O bserve traffic levels and adjust toll rates accordingly • Co ntinue working with partner agencies on the design and operatio ns of the 241/91 Express Lanes c onnector • Continue providing updated informati on to the Orange County Transportation Authority Board of Directors and Riverside County Transportation Commission OCTA 18 • • • RIVERSIDE COUNTY TRANSPORTATION COMMISSION CONSTRUCTION UPDATE: 91 CO RRIDOR March 4, 2022 David Thomas, Toll Project Delivery Director • • • 15/91 Express Lanes Conn ector • "Missing" Connectors • EB Lane Extension BEGIN CO NSTRUCTION SR -91 PM 6. 6 • Constructi on: N ow through 2023 • $270 M investment; 2,300 jobs END CONSTRUCTI ON SR -91 PM 8 .1 2 - ..,.�,_.,._.. . �,.. . �- 15/91 Express Lanes Connector • • • • Added 2 mile lane to westb ound 91 • 3. 5 years from inception to c ompleti on - Opened January 6 • $31.5 millio n investment BEGIN CONSTRUCTION SR -91 PM 17.36 12-ORA SR -91 PM 18. 88 08-RIV SR4i PM 0.00 0 H c 0 0 L a) a. 0 L O 73 L O V o• • • • • • • 91 Corridor Operations Project 91 Corridor Operations Proje ct 6:30 AM, 9/22 - Wed 6:30 AM, 2/16 - Wed o Wholesa le Y G een River Go 1 Zone Coro nda Traffic Queue on WB 91 GP Wm Co Food orlon a Santana Regional Park CostcO Wholesale RI Home Gardens Sam's Club 1 Cerrito Castle Park 00. El Sob, 8:30 AM, 2/16 - Wed Yc )1011,. ♦ 1� AHAH[IM HILLS 9 Green River I a Ron Id Reagan Park mg Zone WmCo Foods 9 ome Gardens I Cerrito LA 5 4.6 Castle Park SII'RR OULVI EI Sr • • • • 91 Corridor Operations Project i The Riverside County Transportation Commission Recognises Caltr ans, OCTA, TCA, City of C orona, Stantec, Parson s, Falcon, & OHL with heartfelt appr eciati on for your perso na l contrib uti on to the delive ry of the 91 Co rridor Operations Project V. M ANUEL PEREZ, Rcrt CHAIR 10 • • •