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03 March 1, 2019 SR-91 Advisory AGENDA State Route 91 Advisory Committee Meeting Page 1 of 5 Committee Members Karen Spiegel, RCTC, Chair Tim Shaw, OCTA, Vice Chairman Brian Berkson, RCTC Berwin Hanna, RCTC Gene Hernandez, OCTA Kevin Jeffries, RCTC Bob Magee, RCTC Mark A. Murphy, OCTA Ben J. Benoit, RCTC, Alternate Michael Hennessey, OCTA, Alternate Jose F. Moreno, OCTA, Alternate Michael Beauchamp, Caltrans Dist. 8, Ex-Officio Ryan Chamberlain, Caltrans Dist. 12, Ex-Officio Ray Marquez, SBCTA, Ex-Officio Orange County Transportation Authority Headquarters 550 South Main Street, Board Room – Conf. Room 07 Orange, California Friday, March 1, 2019, at 9:00 a.m. Teleconference Site Lakeland Village Community Center 16275 Grand Avenue Ground Level, Building D Lake Elsinore, CA 92530 Any person with a disability who requires a modification or accommodation in order to participate in this meeting should contact the 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. AGENDA State Route 91 Advisory Committee Meeting Page 2 of 5 Call to Order Roll Call Pledge of Allegiance Member Hanna 1. Public Comments Special Calendar 2. Election of New State Route 91 Advisory Committee Chair 3. Election of New State Route 91 Advisory Committee Vice Chair 4. Proposed State Route 91 Advisory Committee Meeting Calendar for 2019 Overview The Committee Chair will lead a discussion regarding the 2016 meeting schedule for the State Route 91 Advisory Committee. The proposed 2019 dates and times for this Committee are provided in Attachment A. Recommendation Approve the proposed 2019 meeting schedule for the State Route 91 Advisory Committee. Consent Calendar (Items 5 through 8) 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. 5. Approval of Minutes – September 7, 2018 Approval of the minutes of State Route 91 Advisory Committee meeting of September 7, 2018. AGENDA State Route 91 Advisory Committee Meeting Page 3 of 5 6. Joint 91 Express Lanes Monthly Status Reports Kirk Avila, General Manager, Orange County Transportation Authority, 91 Express Lanes Michael Blomquist, Toll Program Director, Riverside County Transportation Commission, 91 Express Lanes Overview The 91 Express Lanes status reports for the months of July 2018 through December 2018 have been prepared for State Route 91 Advisory Committe e 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 Joint 91 Express Lanes Monthly Status Reports for the months of July 2018 through December 2018. 7. Orange County Transportation Authority Fiscal Year 2017 -18 91 Express Lanes Annual Financial Statements Kirk Avila, General Manager, Orange County Transportation Authority, 91 Express Lanes Overview Vavrinek, Trine, Day and Co., LLP, an independent accounting firm, has completed the annual audit of the Orange County Transportation Authority 91 Express Lanes financial statements for Fiscal Year 2017-18 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 Receive and file the Orange County Transportation Authority Fiscal Year 2017 -18 91 Express Lanes Annual Financial Statements. AGENDA State Route 91 Advisory Committee Meeting Page 4 of 5 8. Fiscal Year 2017 -18 Riverside County Transportation Commission 91 Express Lanes Annual Financial Statements Michael Blomquist, Toll Program Director, Riverside County Transportation Commission, 91 Express Lanes Overview Macias Gini & O’Connell LLP, an independent accounting firm, has completed the annual audit of the Riverside County Transportation Commission 91 Express Lanes financial statements for Fiscal Year 2017-18 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 2017-18 Riverside County Transportation Commission 91 Express Lanes Fund audited financial statements. Regular Calendar There are no Regular Calendar matters. Discussion Items 9. State Route 91 Corridor Plans Orange County Transportation Authority Transportation Corridor Agencies Over the last decade, nearly $2 billion in transportation improvements have been invested in the State Route 91 corridor between State Route 55 and Interstate 15. These improvements include the completion of 18 miles of Express Lanes between Orange and Riverside counties, new general-purpose travel lanes in each direction along most of the corridor, major interchange upgrades, and bus/rail service and station enhancements. Future improvements along the corridor must be sequenced to ensure each project maximizes the o verall benefit to drivers along the State Route 91 corridor. Recommendations are presented to continue these efforts, focusing on improvements for State Route 91 general-purpose lane drivers to accommodate future tolled projects. AGENDA State Route 91 Advisory Committee Meeting Page 5 of 5 10. Grant Funding Pursuit Jillian Guizado, Legislative Affairs Manager, Riverside County Transportation Commission Riverside County Transportation Commission staff will give a brief presentation about Riverside County Transportation Commission’s application to the United States Department of Transportation for funding from the Infra structure for Rebuilding America program for three projects included in the 91 Implementation Plan. 11. General Manager’s Report – Orange County Transportation Authority 12. Toll Program Director’s Report – Riverside County Transportation Commission 13. Committee Members' Reports 14. Closed Session There are no Closed Session items scheduled. 15. Adjournment The next regularly scheduled meeting of this Committee will be held at 9:00 a.m. on Friday, May 31, 2019, at the City of Corona - City Hall, 400 South Vicentia Avenue, Council Chambers - First Floor, Corona, California. STATE ROUTE 91 ADVIS ORY COMMITTEE 2019 MEETINGS CALENDAR DATE TIME LOCATION (Rotate Between Orange and Riverside Counties) March 1, 2019 (1st Friday) 9:00 a.m. Orange County Transportation Authority - Headquarters Board Room – Conference Room 07-08 550 South Main Street Orange, California May 31, 2019 (5th Friday) 9:00 a.m. City of Corona – City Hall City Council Chambers – First Floor 400 South Vicentia Avenue Corona, California October 4, 2019 (1st Friday) 9:00 a.m. Orange County Transportation Authority - Headquarters Board Room – Conference Room 07-08 550 South Main Street Orange, California DRAFT 03.01.19 ATTACHMENT A MINUTES State Route 91 Advisory Committee Meeting September 7, 2018 Page 1 of 8 Committee Members Present Karen Spiegel, Chair Tim Shaw, Vice Chairman Berwin Hanna, RCTC Kevin Jeffries, RCTC, Alternate (Teleconference) Bob Magee, RCTC (Teleconference) Adam Rush, RCTC, Alternate Rebecca Guirado (for John Bulinski, Caltrans District 8, Ex-Officio) Gerardo De Santos (for Ryan Chamberlain, Caltrans District 12, Ex-Officio) Committee Members Absent Al Murray, OCTA Mark A. Murphy, OCTA Shawn Nelson, OCTA Todd Spitzer, OCTA John Tavaglione, RCTC Michael Hennessey, OCTA, Alternate Tom Tait, OCTA, Alternate (Vacant), SBCTA, Ex-Officio Staff Present Darrell Johnson, OCTA, Chief Executive Officer Anne Mayer, RCTC, Executive Director Kirk Avila, OCTA, General Manager, 91 Express Lanes Michael Blomquist, RCTC, Toll Program Director Olga Prado, OCTA, Assistant Clerk of the Board Gina Ramirez, OCTA, Deputy Clerk of the Board James Donich, OCTA, General Counsel OCTA and RCTC Staff and Members of the General Public Call to Order The September 7, 2018 regular meeting of the State Route 91 (SR-91) Advisory Committee was called to order by Committee Chair Spiegel at 9:05 a.m. Committee Chair Spiegel announced that several of the Members would participate in today’s meeting via teleconferencing, and all votes would be taken by roll call. Pledge of Allegiance Committee Vice Chairman Shaw led in the Pledge of Allegiance. MINUTES State Route 91 Advisory Committee Meeting September 7, 2018 Page 2 of 8 1. Public Comments Public comments were heard from: Joe Morgan, resident of Corona, asked the SR-91 (91) Advisory Committee to consider fully supporting Option 4 of the proposed operation improvements along the Riverside County Transportation Commission (RCTC) authorization to implement Option 4 of the proposed operation improvements along the 91 corridor . Mr. Morgan stated that the additional lane has been needed for decades and felt that commuters are now dealing with the consequences of a poorly designed project that virtually focuses all the traffic from Corona into west Corona. He added that this is currently a one-lane ramp and needs to be at least a two-lane ramp. Matt Olsen, resident of Corona, reported that he is a regular commuter to Los Angeles and Orange counties, and a frequent user of various tolling facilities. He added that his point of ingress onto the freeway is Green River and he experiences the heavy congestion and conflicting movement of vehicles trying to join the State Route 241 (SR-241) segment, others entering Green River to join the Orange County segment, as well as regular commuters on the 91. Mr. Olsen stated that some refer to this section of the highway as the Bermuda Triangle because of the frequency of collisions that occur there. Mr. Olson asked for an update on the status of the 91 Express Lanes project that was in the works to add a direct connector between the SR-241 (241) and the 91. Wes Speake, representing the Greater Corona Traffic Alliance (GCTA), reported that in May, RCTC approved a couple of projects: northbound Interstate 15 entrance to the 241; and the removal of a weave lane that is currently between Green River and the 241 to provide extra room for ingress and egress onto Green River. Mr. Speake echoed Mr. Morgan’s and Mr. Olsen’s comments and added that the GCTA recently met with California Department of Transportation (Caltrans) District 8 (D-8) ramp metering staff about some major changes. He felt positive that there would be some opportunity to allow more vehicles to enter Green River. Dale Ploung, resident of Corona, discussed his concerns on the 91 Project, and stated that Corona homeowners warned the 91 Advisory Committee to not complete the project. He added that there is footage of the dysfunctional traffic in Corona which is becoming intolerable to homeowners in the area. He added that $1.4 billion were spent on the project, and there is approximately $200,000 - $250,000 lost in wages every morning while commuters are waiting in line to get to Green River to enter the freeway. Mr. Ploung urged the 91 Advisory Committee to get this corrected quickly as it is affecting thousands of people’s lives daily. MINUTES State Route 91 Advisory Committee Meeting September 7, 2018 Page 3 of 8 1. (Continued) Michelle Wentworth, resident of Corona and representing the GCTA, reported that the 91 Project has been touted as a great success by the RCTC and Caltrans, but feels that residents in the affected areas, the definition of success depends on where they have to enter the freeway in the morning. She added that one of the immediate consequences of the project was the new bottlenecks that were created on top of existing bottlenecks on the 91 and the 15, and questioned where the oversight was. She thanked Senator Richard Roth, Senate District 31, and Assembly Member Sabrina Cervantes, 60th Assembly District, for arranging a meeting with Caltrans to discuss these issues and help with a solution. Ms. Wentworth added that all the agencies on the 91 Advisory Committee share the responsibility for the 91 Project and urged that this issue be agendized for every upcoming meeting to resolve it. Ned Ibrahim, representing the GCTA, reported that he also met with Caltrans D-8 to discuss the Green River traffic issues and metering of the westbound ramp and its operation during morning peak-hours. Mr. Ibrahim added that he forwarded technical recommendations to Caltrans D-8 and urged the 91 Advisory Committee to give Green River its attention as it is a very unusual ramp with long delays and 50 percent diversion. Bill Essayli, reported that he is running for State Assembly, 68th Assembly District, and was speaking today about the 91 freeway, which is probably the most impacted corridor in California. He stated that he was disappointed that of the $52 million gas tax money received, zero dollars were received for this congested corridor. Mr. Essayli felt that the implementation of Option 4 would address the traffic backlog that builds on the Green River onramp, provide an almost instant relief and benefit to commuters, and save commuters between 15 to 30 minutes of commuter time every morning. He urged the 91 Advisory Committee to work together to implement Option 4 as quickly as possible. Fauzia Rizvi, resident of Corona, reported that, for the last four years, she worked in Orange County and drove 76 miles a day. She stated that the commute has worsened after opening of the 91 Express Lanes extension and added that her toll road fees have increased from $300 to approximately $800. Ms. Rizvi urged the 91 Advisory Committee to implement Option 4. Special Calendar There were no Special Calendar Matters. MINUTES State Route 91 Advisory Committee Meeting September 7, 2018 Page 4 of 8 Consent Calendar (Items 2 and 3) 2. Approval of Minutes A motion was made by Member Hanna, seconded by Member Rush, and following a roll call vote, declared not passed by those present. Vice Chairman abstained as he was not in attendance at the June 1, 2018 meeting for this item. 3. Joint 91 Express Lanes Monthly Status Reports A motion was made by Member Hanna, seconded by Member Rush, and following a roll call vote, declared passed 6-0, by those present, to receive and file the Joint 91 Express Lanes Monthly Status Reports for the months of April 2018 through June 2018. Regular Calendar 4. Riverside County Transportation Commission 91 Express Lanes Toll Policy Jennifer Crosson, Toll Operations Manager, RCTC, 91 Express Lanes, provided background information and a PowerPoint presentation on this item covering the following topics: • Current Policy; • Sixteen Month Post Operation Lessons Learned; • What Has Been Done; • Why is Single-Lane Capacity Lower than Expected; • Eastbound McKinley; • Proposed Changes to Toll Policy; • Level of Service Volumes; • Super-Peak Volume Triggers; • Super-Peak Toll Adjustment Amounts; • Annual Inflation Adjustment; and • Next Step. Public comments were heard from: Joe Morgan, resident of Corona, felt this policy has been flawed from the beginning and stated that although the policy is based on demand, the consumer side of this demand is based on a completely different criterion. He added that consumers do not know what their demand is until they are on the freeway, have to use different apps to see the traffic conditions, and decide at that time whether or not to pay the $30 toll to get home. MINUTES State Route 91 Advisory Committee Meeting September 7, 2018 Page 5 of 8 4. (Continued) Mr. Morgan added that consumers believe this is really a demand pricing model; yet, do not understand the the toll pricing policy. Mr. Morgan felt that the solution is to make the general purpose lanes have a reasonable amount of traffic flow so that consumers have an option to get home without having to make economic decisions and spend $30 a day in toll fees. Wes Speake, representing the GCTA, asked to show consumers the differences of traveling in the toll lanes versus the general purpose lanes, just like San Diego does. He added that that users should benefit and need to know that they are getting something out of this. Ms. Speake stated that continuing to increase toll pricing gives the impression that the general purpose lanes must be bad, and therefore, users jump on the toll road to get home. Michelle Wentworth, resident of Corona and representing the GCTA, reiterated Mr. Speake’s comments and provided different route and toll pricing scenarios for users traveling on the 91 and 15 freeways both eastbound and westbound. She urged the 91 Advisory Committee to let users know what the time saving is per dollar spent. She added that people in Corona drive it, pay for it, and can only afford to use it one or two days a week. Committee Chair Spiegel asked staff to provide an overview on how the pricing was formulated and a discussion ensued as follows: • The model being used is the same model that has been used since 1995 when the lanes opened. • This is a time-of-day variable pricing and changes by the hour based on congestion levels. The data is collected for the prior 12-week period (each hour of each day, each day of each week), and based on the actual data, prices are adjusted up or down per adopted toll policies. • Committee Chair Spiegel suggested that other toll policies be examined to see the differences in the pricing structure, and need to work with Caltrans on ramp metering/timing. • Committee Vice Chairman Shaw liked the idea of having a consistent toll policy for both Orange and Riverside counties. • Congestion Management pricing versus dynamic pricing. • The Orange County Transportation Authority (OCTA) conducted focus group studies early on, and one of the key elements that the customers liked was knowing exactly how much was going to be spent for a particular hour. Following the discussion, no action was taken on this receive and file information item. MINUTES State Route 91 Advisory Committee Meeting September 7, 2018 Page 6 of 8 5. 91 Express Lanes Customer Service Center Relocation Status Update Michael Blomquist, Toll Program Director, RCTC, 91 Express Lanes, provided background information and reported that the 91 Express Lanes Customer Service Center (CSC) provides customers with account and transponder services, and houses both a call center and customer walk-in center. He provided a PowerPoint presentation on this item covering the following topics : • CSC: Primary Focus and Current Facility; • Toll Building Program; • Express Lanes Building Locations; • Corporate Terrace Business Park; • 91 Customer Service Center (CSC) History; • 91 CSC Build-Out, Relocation; • 91 CSC Build-Out Schedule; and • Stay Connected. Public comments were heard from: Joe Morgan, resident of Corona, reported that he found it serendipitous that the building the 91 Express Lanes CSC is currently located at is slated to be torn down, the Corona City Council has decided to build the McKinley Avenue bridge on that location, and the CSC building is being desired by another developer. Bill Essayli started to provide comments unrelated to this Agenda Item and Committee Chair Spiegel asked that staff address his comments after the meeting adjourns. Committee Chair Spiegel asked that Mr. Blomquist address Mr. Morgan’s public comment. Mr. Blomquist reported that the relocation of the 91 Express Lanes CSC has to do with RCTC having purchased approximately 16 ,000 square feet of building space and part of tha t purchase was to meet immediate needs and have the capacity for future needs for toll operations. He added that when that purchase was completed, it was apparent that one of the two buildings was needed, leaving the other building availabl e to either lease or find a use for RCTC, and that is when the idea to relocate the 91 Express Lanes CSC occurred. Mr. Blomquist provided additional background and timing information on the purchase. MINUTES State Route 91 Advisory Committee Meeting September 7, 2018 Page 7 of 8 5. (Continued) Kirk Avila, General Manager, OCTA, 91 Express Lanes, added that staff has been at the CSC since 2004 and the lease is expiring early next year. Additionally, staff has been considering potential options for several years, including the building that was purchased, with the intent to move from the current CSC facility due to several issues with the location and the building’s property owner. Following the discussion, no action was taken on this receive and file information item. Discussion Items 6. General Manager’s Report – Orange County Transportation Authority Kirk Avila, General Manager, OCTA, 91 Express Lanes, reported on the following: • For fiscal year (FY) 2017 -18, OCTA ended with the highest traffic volumes on record, with 16.7 million trips on the Orange County side. • For the first couple of months of FY 2019, traffic volumes continued to increase, with slightly 7 percent over the prior year, and 6 percent increase in toll revenues . • High-occupancy vehicle ridership has increased since the opening of the RCTC extension. • Since the last 91 Advisory Committee meeting, b oth RCTC and OCTA Board of Directors (Board) have approved changes to account structures as a result of the changes that will be forthcoming in 2019. • The procurement of the transponders will happen by the end of this calendar year in anticipation for distribution next year. Both agencies are working together on the development and re -design of the customer brochures, as well as collateral material. • Staff is working on the tolling equipment to transition to the new technology. 7. Toll Program Director’s Report – Riverside County Transportation Commission Michael Blomquist, Toll Program Director, RCTC, reported on the following: • The RCTC Board approved two restriping/channelizing projects – o Restriping at the east end of the 91 Express Lanes; and o Restriping of the existing ingress/egress areas to a continuous weave lane on the 91 general purpose lanes westbound, near the County Line. • Last week, the RCTC received a toll revenue bond rating of BBB–/BBB. MINUTES State Route 91 Advisory Committee Meeting September 7, 2018 Page 8 of 8 8. Committee Members’ Reports Committee Vice Chairman Shaw reported that since the last 91 Advisory Committee meeting he had the opportunity to join OCTA staff and a few Members of the OCTA Board to the annual New York meetings with the rating agencies and financial institutions. He added that he reported on the 91 Express Lanes and the folks at the meetings were very familiar with the 91 corridor. Committee Vice Chairman Shaw stated that he ensured to reemphasize the great partnership and relationship OCTA has with RCTC and his comments were we ll received at those meetings. Committee Chair Spiegel commented on the expressed concerns received this morning from the community of Corona (GCTA) who want their voices heard. She added that there are a number of issues that need to be addressed and they asked to hear about issues that the Orange County side is dealing with. Committee Chair Spiegel expressed her appreciation to Caltrans for stepping in. She added that Senate Bill 132 funding should be used toward helping make the freeways better for commuters. 9. Closed Session There were no Closed Session items scheduled. 10. Adjournment The meeting adjourned at 10:17 a.m. The next regularly scheduled meeting of this Committee will be held at 9:00 a.m. on Friday, December 7, 2018, at the: Orange County Transportation Authority Headquarters 550 South Main Street Board Room – Conf. Room 07 Orange, California ATTEST Olga Prado OCTA Assistant Clerk of the Board Karen Spiegel Committee Chair 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, 3rd Floor / Riverside / CA 92501 / (951) 787-7141 March 1, 2019 To: State Route 91 Advisory Committee From: Kirk Avila, General Manager, OCTA Michael Blomquist, Toll Program Director, RCTC Subject: Joint 91 Express Lanes Monthly Status Reports Overview The 91 Express Lanes status reports for the months of July 2018 through December 2018 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 Joint 91 Express Lanes Monthly Status Reports for the months of July 2018 through December 2018. Background The joint monthly status reports are prepared to document 91 Express Lanes activity and are provided for State Route 91 Advisory Committee review. Discussion Gross potential toll revenue and traffic volume in the 91 Express Lanes for the Orange County Transportation Authority (OCTA) segment have exceeded prior year’s performance for the months of July 2018 through December 2018, with fiscal year (FY) 2018-19 year-to-date (YTD) traffic volume and gross potential toll revenue as of the end of December 2018 both increasing by 6.2 percent. Joint 91 Express Lanes Monthly Status Reports Page 2 For the Riverside County Transportation Commission (RCTC) segment, traffic volume and gross potential toll revenue continue to exceed prior year’s performance with FY 2018-19 YTD traffic volume and gross potential toll revenue exceeding by 5.3 percent and 23.8 percent, respectively. Staff will continue to closely monitor traffic and revenue data and report ba ck to the State Route 91 Advisory Committee regularly. Summary The joint 91 Express Lanes status reports for the months of July 2018 through December 2018 are provided for review. The report highlights operational and financial activities. Attachments A. Joint 91 Express Lanes Status Report – As of July 31, 2018 B. Joint 91 Express Lanes Status Report – As of August 31, 2018 C. Joint 91 Express Lanes Status Report – As of September 30, 2018 D. Joint 91 Express Lanes Status Report – As of October 31, 2018 E. Joint 91 Express Lanes Status Report – As of November 30, 2018 F. Joint 91 Express Lanes Status Report – As of December 31, 2018 ATTACHMENT A Orange County Transportation Authority Riverside County Transportation Commission Status Report July 2018 As of July 31, 2018 2 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 .....................................................................................12 RCTC Westbound Peak-Hour Volumes ....................................................................................14 RCTC Operational Highlights ....................................................................................................16 Financial Highlights RCTC ........................................................................................................17 Joint Agency Trip and Revenue Statistics .................................................................................18 Joint Agency Traffic Statistics ...................................................................................................18 Joint Agency Performance Measures ........................................................................................19 Joint Agency Transponder Distribution ......................................................................................19 Number of Accounts by Fiscal Year ..........................................................................................20 Incoming Email Activity .............................................................................................................20 3 OPERATIONS OVERVIEW OCTA TRAFFIC AND REVENUE STATIST ICS FOR OCTA Total traffic volume on the OCTA 91 Express Lanes for July 2018 was 1,482,792. This represents a daily average of 47,832. This is a 7.1% increase in total traffic volume from the same period last year when traffic levels totaled 1,384,285. Potential toll revenue for the month was $4,293,822 which represents an increase of 7.4% from the prior year’s total of $3,998,296. Carpool percentage for the month was 27.86% as compared to the previous year’s rate of 27.03%. Month-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 month of July 2018. Current Month-to-Date (MTD) as of July 31, 2018 Trips Jul-18 MTD Actual Jul-17 MTD Actual Yr-to-Yr % Variance Full Toll Lanes 1,069,688 1,010,076 5.9% 3+ Lanes 413,104 374,209 10.4% Total Gross Trips 1,482,792 1,384,285 7.1% Revenue Full Toll Lanes $4,214,894 $3,920,155 7.5% 3+ Lanes $78,927 $78,141 1.0% Total Gross Revenue $4,293,821 $3,998,296 7.4% Average Revenue per Trip Average Full Toll Lanes $3.94 $3.88 1.5% Average 3+ Lanes $0.19 $0.21 (9.5%) Average Gross Revenue $2.90 $2.89 0.3% 4 O CTA Traffic and Revenue Summary The chart below reflects the total trips breakdown between Full Toll trips and HOV3+ trips for FY 2018-19 on a monthly basis. The chart below reflects the gross potential revenue breakdown between Full Toll trips and HOV3+ trips for FY 2018-19 on a monthly basis. 1,069,688 413,104 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Volume Month FY 2018-19 Traffic Volume Overview Full Toll Lanes 3+ Lanes $4,214,894 $78,927 $2,500,000 $2,700,000 $2,900,000 $3,100,000 $3,300,000 $3,500,000 $3,700,000 $3,900,000 $4,100,000 $4,300,000 $4,500,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Revenue Month FY 2018-19 Revenue Summary Full Toll Lanes 3+ Lanes 5 Peak traffic hour in the eastbound direction reached or exceeded 90% or more of defined capacity 18 times during the month of July 2018. As demonstrated on the next chart, westbound peak hour traffic volumes top out at 74% of defined capacity. OCTA EASTBOUND PEAK -HOUR VOLUMES PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 495 2,429 71%$5.35 514 3,242 95%$4.15 312 857 25%$5.20 504 2,816 83%$5.35 619 3,155 93% 1500 - 1600 $5.40 636 2,880 85%$10.15 661 2,851 84%$4.15 266 741 22%$6.00 693 2,915 86%$10.15 690 2,543 75% 1600 - 1700 $5.25 506 2,902 85%$9.95 509 2,846 84%$4.15 281 616 18%$9.30 578 2,746 81%$9.95 499 2,550 75% 1700 - 1800 $5.20 569 3,013 89%$6.90 604 3,011 89%$4.15 239 552 16%$9.70 494 2,213 65%$6.90 534 2,458 72% 1800 - 1900 $5.40 634 2,415 71%$6.40 668 2,760 81%$4.15 272 628 18%$4.75 590 2,333 69%$6.40 581 2,124 62% 1900 - 2000 $3.75 437 1,677 49%$5.95 534 1,960 58%$4.15 317 695 20%$5.50 458 1,661 49%$5.95 543 1,672 49% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 475 2,534 75%$5.05 498 2,834 83%$5.05 489 2,902 85%$5.20 535 3,174 93%$5.35 549 3,259 96% 1500 - 1600 $5.40 667 3,151 93%$5.65 632 2,730 80%$6.25 676 3,177 93%$6.00 598 2,625 77%$10.15 650 2,600 76% 1600 - 1700 $5.25 519 2,905 85%$5.50 507 3,132 92%$6.75 516 2,821 83%$9.30 604 2,991 88%$9.95 495 2,670 79% 1700 - 1800 $5.20 535 3,012 89%$5.90 471 2,414 71%$7.40 490 2,533 75%$9.70 492 2,531 74%$6.90 600 2,943 87% 1800 - 1900 $5.40 581 2,520 74%$3.85 582 2,932 86%$3.85 678 3,179 94%$4.75 670 2,977 88%$6.40 666 2,667 78% 1900 - 2000 $3.75 447 1,766 52%$3.75 568 2,378 70%$3.75 496 2,121 62%$5.50 610 2,387 70%$5.95 560 2,059 61% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 391 2,272 67%$5.05 450 2,734 80%$5.05 498 2,768 81%$5.20 545 3,087 91%$5.35 571 3,260 96% 1500 - 1600 $5.40 639 3,121 92%$5.65 670 2,861 84%$6.25 658 3,132 92%$6.00 649 2,998 88%$10.15 700 2,651 78% 1600 - 1700 $5.25 492 2,854 84%$5.50 598 3,347 98%$6.75 527 2,812 83%$9.30 557 2,864 84%$9.95 513 2,707 80% 1700 - 1800 $5.20 520 2,860 84%$5.90 472 2,512 74%$7.40 471 2,553 75%$9.70 493 2,542 75%$6.90 576 2,828 83% 1800 - 1900 $5.40 626 2,728 80%$3.85 634 2,945 87%$3.85 614 2,816 83%$4.75 616 2,896 85%$6.40 659 2,574 76% 1900 - 2000 $3.75 496 1,900 56%$3.75 567 2,316 68%$3.75 705 2,671 79%$5.50 682 2,551 75%$5.95 576 1,993 59% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 513 2,692 79%$5.05 509 2,747 81%$5.05 484 2,973 87%$5.20 575 3,165 93%$5.35 583 3,222 95% 1500 - 1600 $5.40 573 2,621 77%$5.65 695 2,702 79%$6.25 718 3,336 98%$6.00 672 2,960 87%$10.15 744 2,836 83% 1600 - 1700 $5.25 481 2,721 80%$5.50 519 3,041 89%$6.75 506 2,760 81%$9.30 579 2,915 86%$9.95 535 2,903 85% 1700 - 1800 $5.20 565 3,032 89%$5.90 469 2,493 73%$7.40 480 2,485 73%$9.70 514 2,392 70%$6.90 573 2,887 85% 1800 - 1900 $5.40 656 2,901 85%$3.85 634 2,977 88%$3.85 649 2,893 85%$4.75 626 2,908 86%$6.40 606 2,400 71% 1900 - 2000 $3.75 505 1,875 55%$3.75 558 2,259 66%$3.75 639 2,472 73%$5.50 658 2,534 75%$5.95 547 2,034 60% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 491 2,640 78%$5.05 522 2,949 87% 1500 - 1600 $5.40 627 2,878 85%$5.65 651 2,800 82% 1600 - 1700 $5.25 468 2,842 84%$5.50 572 3,509 103% 1700 - 1800 $5.20 541 3,031 89%$5.90 496 2,698 79% 1800 - 1900 $5.40 663 2,831 83%$3.85 660 3,163 93% 1900 - 2000 $3.75 497 1,879 55%$3.75 645 2,510 74% Thursday 08/02/18 Friday 08/03/18 Thursday 07/26/18 Friday 07/27/18 Monday 07/30/18 Tuesday 07/31/18 Wednesday 08/01/18 Thursday 07/19/18 Friday 07/20/18 Monday 07/23/18 Tuesday 07/24/18 Wednesday 07/25/18 Thursday 07/12/18 Friday 07/13/18 Monday 07/16/18 Tuesday 07/17/18 Wednesday 07/18/18 Thursday 07/05/18 Friday 07/06/18 Monday 07/09/18 Tuesday 07/10/18 Wednesday 07/11/18 Monday 07/02/18 Tuesday 07/03/18 Wednesday 07/04/18 6 OCTA W ESTBOUND PEAK -HOUR V OLUMES AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 695 2,315 68%$3.00 656 2,116 62%$1.65 73 154 5%$3.00 540 1,739 51%$3.00 539 1,569 46% 0500 - 0600 $4.85 740 2,337 69%$4.60 810 2,424 71%$1.65 88 216 6%$4.85 634 1,965 58%$4.60 609 1,944 57% 0600 - 0700 $5.05 492 1,935 57%$4.85 445 1,836 54%$1.65 109 283 8%$5.05 404 1,609 47%$4.85 404 1,623 48% 0700 - 0800 $5.55 387 1,654 49%$5.40 379 1,641 48%$1.65 171 393 12%$5.55 335 1,454 43%$5.40 378 1,611 47% 0800 - 0900 $5.05 307 1,657 49%$4.85 349 1,778 52%$2.45 290 605 18%$5.05 295 1,523 45%$4.85 366 1,488 44% 0900 - 1000 $4.00 382 1,733 51%$4.00 338 1,617 48%$4.15 352 816 24%$4.00 374 1,771 52%$4.00 446 1,685 50% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 698 2,200 65%$3.00 716 2,185 64%$3.00 733 2,261 67%$3.00 733 2,237 66%$3.00 584 1,702 50% 0500 - 0600 $4.85 747 2,357 69%$4.85 743 2,276 67%$4.85 784 2,352 69%$4.85 765 2,292 67%$4.60 690 2,146 63% 0600 - 0700 $5.05 424 1,952 57%$5.05 426 1,810 53%$5.05 509 1,950 57%$5.05 506 1,926 57%$4.85 442 1,930 57% 0700 - 0800 $5.55 456 1,946 57%$5.55 434 2,020 59%$5.55 500 1,978 58%$5.55 475 2,034 60%$5.40 434 1,845 54% 0800 - 0900 $5.05 329 1,935 57%$5.05 368 2,180 64%$5.05 393 2,158 63%$5.05 412 2,362 69%$4.85 382 1,833 54% 0900 - 1000 $4.00 385 1,973 58%$4.00 413 2,183 64%$4.00 402 1,985 58%$4.00 445 2,195 65%$4.00 464 1,910 56% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 691 2,270 67%$3.00 707 2,189 64%$3.00 754 2,279 67%$3.00 699 2,229 66%$3.00 598 1,766 52% 0500 - 0600 $4.85 796 2,328 68%$4.85 798 2,367 70%$4.85 736 2,224 65%$4.85 742 2,209 65%$4.60 661 2,229 66% 0600 - 0700 $5.05 452 1,898 56%$5.05 454 1,808 53%$5.05 489 1,995 59%$5.05 524 1,937 57%$4.85 482 1,938 57% 0700 - 0800 $5.55 431 1,868 55%$5.55 493 1,995 59%$5.55 480 1,938 57%$5.55 462 2,054 60%$5.40 437 1,833 54% 0800 - 0900 $5.05 375 2,007 59%$5.05 444 2,162 64%$5.05 431 2,188 64%$5.05 425 2,198 65%$4.85 362 1,803 53% 0900 - 1000 $4.00 421 2,027 60%$4.00 451 2,170 64%$4.00 416 2,138 63%$4.00 456 2,213 65%$4.00 431 1,772 52% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 713 2,271 67%$3.00 702 2,171 64%$3.00 694 2,182 64%$3.00 746 2,218 65%$3.00 622 1,802 53% 0500 - 0600 $4.85 759 2,385 70%$4.85 853 2,514 74%$4.85 825 2,383 70%$4.85 759 2,390 70%$4.60 685 2,118 62% 0600 - 0700 $5.05 469 1,912 56%$5.05 467 1,869 55%$5.05 474 1,912 56%$5.05 505 1,957 58%$4.85 455 1,838 54% 0700 - 0800 $5.55 434 1,865 55%$5.55 458 1,961 58%$5.55 449 1,919 56%$5.55 453 1,906 56%$5.40 383 1,613 47% 0800 - 0900 $5.05 361 1,953 57%$5.05 409 2,107 62%$5.05 403 1,968 58%$5.05 349 1,963 58%$4.85 379 1,681 49% 0900 - 1000 $4.00 406 2,014 59%$4.00 464 2,203 65%$4.00 472 2,103 62%$4.00 441 2,162 64%$4.00 471 1,870 55% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 703 2,224 65%$3.00 706 2,236 66% 0500 - 0600 $4.85 743 2,278 67%$4.85 814 2,380 70% 0600 - 0700 $5.05 499 1,946 57%$5.05 478 1,888 56% 0700 - 0800 $5.55 442 1,807 53%$5.55 417 1,986 58% 0800 - 0900 $5.05 402 1,887 56%$5.05 453 2,132 63% 0900 - 1000 $4.00 441 1,991 59%$4.00 480 2,203 65% Thursday 07/26/18 Friday 07/27/18 Thursday 07/19/18 Friday 07/20/18 Monday 07/23/18 Tuesday 07/24/18 Wednesday 07/25/18 Thursday 07/12/18 Friday 07/13/18 Monday 07/16/18 Tuesday 07/17/18 Wednesday 07/18/18 Thursday 07/05/18 Friday 07/06/18 Monday 07/09/18 Tuesday 07/10/18 Wednesday 07/11/18 Monday 07/02/18 Tuesday 07/03/18 Wednesday 07/04/18 Thursday 08/02/18 Friday 08/03/18Monday 07/30/18 Tuesday 07/31/18 Wednesday 08/01/18 7 OCTA OPERATIONAL HIGHLIGHTS On-road Operations OCTA Customer Assistance Specialists (CAS) responded to 120 calls during the month of July. Of those calls, 107 were to assist disabled vehicles and 4 calls to remove debris. The CAS provided assistance to 5 accidents in the Express Lanes and 4 accidents originating from the SR91 general-purpose lanes. 8 FINANCIAL HIGHLIGHTS OCTA 91 Express Lanes Operating Statement YTD as of : 7/31/2018 Description Actual (1)Budget (1)Dollar $Percent (%) Operating revenues: Toll revenue 3,846,354.95$ 4,071,886.00$ (225,531.05)$ (5.5) Fee revenue 615,031.30 333,043.00 281,988.30 84.7 Total operating revenues 4,461,386.25 4,404,929.00 56,457.25 1.3 Operating expenses: Contracted services 546,336.05 608,090.00 61,753.95 10.2 Administrative fee 206,754.00 229,657.00 22,903.00 10.0 Other professional services - 99,766.00 99,766.00 100.0 Credit card processing fees 22,431.35 101,885.00 79,453.65 78.0 Toll road account servicing 58,795.68 28,919.00 (29,876.68) (103.3) Other insurance expense 29,382.22 20,825.00 (8,557.22) (41.1) Toll road maintenance supply repairs 13,306.30 16,910.00 3,603.70 21.3 Patrol services 58,857.88 66,229.00 7,371.12 11.1 Building equipment repairs and maint 1,939.68 17,226.00 15,286.32 88.7 Other services - 833.00 833.00 100.0 Utilities 281.57 5,498.00 5,216.43 94.9 Office expense 117.68 5,831.00 5,713.32 98.0 Bad debt expense 16,900.63 - (16,900.63) N/A Miscellaneous (2)197.48 15,474.00 15,276.52 98.7 Leases 34,640.65 38,318.00 3,677.35 9.6 Total operating expenses 989,941.17 1,255,461.00 265,519.83 21.1 Depreciation and amortization (3)286,607.90 - (286,607.90) N/A Operating income (loss)3,184,837.18 3,149,468.00 35,369.18 1.1 Nonoperating revenues (expenses): Reimbursement from Other Agencies (2,575.67) 93,199.00 (95,774.67) (102.8) Interest income 206,813.93 184,982.00 21,831.93 11.8 Interest expense (429,766.64) (417,496.00) (12,270.64) (2.9) Other - - - N/A Total nonoperating revenues (expenses)(225,528.38) (139,315.00) (86,213.38) (61.9) Transfers in - - - N/A Transfers out (4,566.36) - (4,566.36) N/A Net income (loss)2,954,742.44$ 3,010,153.00$ (55,410.56)$ (1.8) ¹Actual 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. ²Miscellaneous expenses include: Bond Insurance Costs, Bank Service Charge, Transponder Materials. ³Depreciation and amortization are not budgeted items. YTD Variance 9 OPERATIONS OVERVIEW RCTC TRAFFIC AND REVENUE STATISTICS FOR RCTC Total traffic volume on the RCTC 91 Express Lanes for July 2018 was 1,283,491. This represents a daily average of 41,403. This is a 7.6% increase in total traffic volume from the same period last year when traffic levels totaled 1,192,478. Potential toll revenue for the month was $4,489,258 which represents an increase of 32.1% from the prior year’s total of $3,397,395. Carpool percentage for the month was 25.34% as compared to the previous year’s rate of 22.84%. Month-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 month of July 2018. Current Month-to-Date (MTD) as of July 31, 2018 Trips Jul-18 MTD Actual Stantec MTD Projected # Variance % Variance Jul-17 MTD Actual Yr-to-Yr % Variance Full Toll Lanes 958,212 591,700 366,512 61.9% 920,131 4.1% 3+ Lanes 325,279 217,743 107,536 49.4% 272,347 19.4% Total Gross Trips 1,283,491 809,443 474,048 58.6% 1,192,478 7.6% Revenue Full Toll Lanes $4,450,594 $1,813,414 $2,637,180 145.4% $3,363,593 32.3% 3+ Lanes $38,664 $0 $38,664 $33,802 14.4% Total Gross Revenue $4,489,258 $1,813,414 $2,675,844 147.6% $3,397,395 32.1% Average Revenue per Trip Average Full Toll Lanes $4.64 $3.06 $1.58 51.6% $3.66 26.8% Average 3+ Lanes $0.12 $0.00 $0.12 $0.12 0.0% Average Gross Revenue $3.50 $2.24 $1.26 56.3% $2.85 22.8% 10 RCTC Traffic and Revenue Summary The chart below reflects the total trips broken down between Full Toll lanes and HOV3+ lanes for FY 2018-19 on a monthly basis. The chart below reflects the gross potential revenue breakdown between Full Toll lanes and HOV3+ lanes for FY 2018-19 on a monthly basis. 958,212 325,279 0 175,000 350,000 525,000 700,000 875,000 1,050,000 1,225,000 1,400,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Volume Month FY 2018-19 Traffic Volume Overview Full Toll Lanes 3+ Lanes $4,450,594 $38,664 $2,000,000 $2,400,000 $2,800,000 $3,200,000 $3,600,000 $4,000,000 $4,400,000 $4,800,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19RevenueMonth FY 2018-19 Revenue Summary Full Toll Lanes 3+ Lanes 11 RCTC PEAK -HOUR VOLUMES RCTC regularly evaluates traffic volumes for peak period hours where Express Lanes performance is degraded and either increases or decreases tolls. Tolls rates were adjusted once in July to improve the level of service in the peak hours where demand exceeded capacity. Hourly rates that have been increased are highlighted in green. Hourly rates that have been decreased are highlighted in red. Hours that are flagged for continued evaluation are highlighted in yellow. 12 RCTC E ASTBOUND PEAK -HOUR V OLUMES Eastbound PM Peak - County Line to McKinley 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 $4.05 269 890 1,159 C $16.40 278 1,148 1,426 E $1.50 140 286 426 B $7.55 265 1,029 1,294 D $16.40 423 1,640 2,063 F 1500 - 1600 $5.05 311 888 1,199 C $16.40 341 973 1,314 D $1.50 136 237 373 A $9.60 369 949 1,318 D $16.40 533 1,446 1,979 F 1600 - 1700 $4.05 210 850 1,060 C $11.40 238 1,012 1,250 D $1.50 111 182 293 A $8.55 243 918 1,161 C $11.40 352 1,398 1,750 F 1700 - 1800 $4.05 301 996 1,297 D $7.40 272 953 1,225 D $1.50 91 155 246 A $3.95 242 805 1,047 C $7.40 283 907 1,190 C 1800 - 1900 $4.05 300 800 1,100 C $5.05 329 944 1,273 D $1.50 127 192 319 A $3.95 295 872 1,167 C $5.05 310 877 1,187 C 1900 - 2000 $2.20 230 621 851 C $3.95 263 696 959 C $1.50 129 191 320 A $4.05 192 532 724 B $3.95 309 611 920 C 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 $4.05 235 970 1,205 D $5.15 258 1,014 1,272 D $5.15 264 1,051 1,315 D $7.55 260 1,189 1,449 E $16.40 317 1,147 1,464 E 1500 - 1600 $5.05 351 1,000 1,351 D $5.15 319 894 1,213 D $6.55 335 1,013 1,348 D $9.60 326 978 1,304 D $16.40 363 950 1,313 D 1600 - 1700 $4.05 235 919 1,154 C $4.05 250 1,027 1,277 D $3.95 245 1,010 1,255 D $8.55 280 986 1,266 D $11.40 281 990 1,271 D 1700 - 1800 $4.05 253 868 1,121 C $4.05 213 824 1,037 C $3.95 208 861 1,069 C $3.95 223 908 1,131 C $7.40 262 977 1,239 D 1800 - 1900 $4.05 266 740 1,006 C $4.05 277 868 1,145 C $3.95 318 861 1,179 C $3.95 308 948 1,256 D $5.05 355 915 1,270 D 1900 - 2000 $2.20 214 602 816 C $4.05 266 810 1,076 C $3.95 219 729 948 C $4.05 275 809 1,084 C $3.95 294 824 1,118 C 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 $4.05 222 967 1,189 C $5.15 228 1,034 1,262 D $5.15 266 1,021 1,287 D $7.55 285 1,144 1,429 E $16.40 310 1,111 1,421 E 1500 - 1600 $5.05 367 1,014 1,381 D $5.15 352 907 1,259 D $6.55 332 986 1,318 D $9.60 346 987 1,333 D $16.40 364 952 1,316 D 1600 - 1700 $4.05 239 925 1,164 C $4.05 266 1,049 1,315 D $3.95 249 880 1,129 C $8.55 289 959 1,248 D $11.40 282 948 1,230 D 1700 - 1800 $4.05 206 891 1,097 C $4.05 235 858 1,093 C $3.95 205 872 1,077 C $3.95 216 870 1,086 C $7.40 282 988 1,270 D 1800 - 1900 $4.05 281 814 1,095 C $4.05 285 932 1,217 D $3.95 297 870 1,167 C $3.95 301 960 1,261 D $5.05 295 894 1,189 C 1900 - 2000 $2.20 236 603 839 C $4.05 259 740 999 C $3.95 336 869 1,205 D $4.05 348 821 1,169 C $3.95 284 782 1,066 C 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 $4.05 277 997 1,274 D $5.15 251 886 1,137 C $5.15 261 1,070 1,331 D $7.55 300 1,128 1,428 E $16.40 324 992 1,316 D 1500 - 1600 $5.05 303 959 1,262 D $5.15 330 863 1,193 C $6.55 380 1,069 1,449 E $9.60 329 981 1,310 D $16.40 391 923 1,314 D 1600 - 1700 $4.05 244 919 1,163 C $4.05 259 980 1,239 D $3.95 253 914 1,167 C $8.55 249 945 1,194 C $11.40 264 985 1,249 D 1700 - 1800 $4.05 256 979 1,235 D $4.05 223 850 1,073 C $3.95 252 844 1,096 C $3.95 255 937 1,192 C $7.40 290 1,042 1,332 D 1800 - 1900 $4.05 270 865 1,135 C $4.05 300 892 1,192 C $3.95 305 850 1,155 C $3.95 298 950 1,248 D $5.05 308 861 1,169 C 1900 - 2000 $2.20 265 704 969 C $4.05 263 703 966 C $3.95 305 785 1,090 C $4.05 335 849 1,184 C $3.95 279 828 1,107 C 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 $4.05 237 1,039 1,276 D $5.15 247 1,026 1,273 D 1500 - 1600 $5.05 338 971 1,309 D $5.15 297 790 1,087 C 1600 - 1700 $4.05 244 977 1,221 D $4.05 249 1,047 1,296 D 1700 - 1800 $4.05 257 931 1,188 C $4.05 257 835 1,092 C 1800 - 1900 $4.05 310 814 1,124 C $4.05 298 921 1,219 D 1900 - 2000 $2.20 245 681 926 C $4.05 317 758 1,075 C 07/12/18 Friday 07/13/18Monday07/09/18 Tuesday 07/10/18 Wednesday 07/11/18 Thursday Wednesday 07/04/18 Thursday 07/05/18 Friday 07/06/18Monday07/02/18 Tuesday 07/03/18 Friday 07/20/18Monday07/16/18 Tuesday 07/17/18 Monday 07/30/18 Tuesday 07/31/18 Thursday 07/26/18 Friday 07/27/18Monday07/23/18 Tuesday 07/24/18 Wednesday 07/25/18 Wednesday 07/18/18 Thursday Wednesday 08/01/18 07/19/18 Thursday 08/02/18 Friday 08/03/18 13 Eastbound PM Peak - County Line to I-15 South 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 $2.85 121 598 719 B $5.15 139 768 907 C $1.90 87 130 217 A $5.05 127 641 768 B $5.15 29 117 146 A 1500 - 1600 $5.05 169 607 776 B $2.80 175 703 878 C $1.90 63 128 191 A $5.15 180 592 772 B $2.80 3 8 11 A 1600 - 1700 $2.85 151 694 845 C $2.85 125 594 719 B $1.90 61 100 161 A $2.80 147 581 728 B $2.85 29 82 111 A 1700 - 1800 $2.85 96 418 514 B $2.85 148 616 764 B $1.90 62 112 174 A $2.85 112 440 552 B $2.85 115 390 505 B 1800 - 1900 $2.85 102 319 421 B $2.85 146 509 655 B $1.90 76 90 166 A $2.85 138 467 605 B $2.85 121 361 482 B 1900 - 2000 $2.85 118 356 474 B $2.85 146 417 563 B $1.90 86 108 194 A $2.85 135 361 496 B $2.85 89 219 308 A 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 $2.85 115 637 752 B $5.15 127 648 775 B $5.05 143 700 843 C $5.05 140 819 959 C $5.15 142 726 868 C 1500 - 1600 $5.05 183 619 802 C $2.80 153 634 787 B $5.15 177 661 838 C $5.15 168 562 730 B $2.80 170 582 752 B 1600 - 1700 $2.85 122 605 727 B $2.85 126 694 820 C $2.85 121 616 737 B $2.80 150 665 815 C $2.85 127 565 692 B 1700 - 1800 $2.85 118 574 692 B $2.85 116 469 585 B $2.85 135 541 676 B $2.85 106 493 599 B $2.85 128 560 688 B 1800 - 1900 $2.85 137 470 607 B $2.85 128 540 668 B $2.85 152 560 712 B $2.85 123 542 665 B $2.85 137 515 652 B 1900 - 2000 $2.85 108 358 466 B $2.85 136 521 657 B $2.85 142 472 614 B $2.85 175 489 664 B $2.85 150 419 569 B 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 $2.85 102 560 662 B $5.15 130 647 777 B $5.05 117 642 759 B $5.05 142 735 877 C $5.15 150 824 974 C 1500 - 1600 $5.05 183 683 866 C $2.80 170 598 768 B $5.15 174 611 785 B $5.15 189 620 809 C $2.80 170 615 785 B 1600 - 1700 $2.85 106 641 747 B $2.85 154 652 806 C $2.85 112 555 667 B $2.80 139 675 814 C $2.85 115 592 707 B 1700 - 1800 $2.85 126 547 673 B $2.85 105 467 572 B $2.85 116 551 667 B $2.85 125 527 652 B $2.85 146 539 685 B 1800 - 1900 $2.85 129 515 644 B $2.85 125 583 708 B $2.85 141 548 689 B $2.85 147 579 726 B $2.85 152 509 661 B 1900 - 2000 $2.85 132 407 539 B $2.85 141 476 617 B $2.85 162 554 716 B $2.85 190 533 723 B $2.85 163 405 568 B 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 $2.85 144 679 823 C $5.15 154 722 876 C $5.05 125 733 858 C $5.05 157 754 911 C $5.15 129 719 848 C 1500 - 1600 $5.05 140 554 694 B $2.80 209 701 910 C $5.15 185 687 872 C $5.15 181 640 821 C $2.80 191 617 808 C 1600 - 1700 $2.85 126 594 720 B $2.85 113 642 755 B $2.85 118 600 718 B $2.80 139 634 773 B $2.85 136 596 732 B 1700 - 1800 $2.85 130 575 705 B $2.85 116 494 610 B $2.85 106 442 548 B $2.85 129 441 570 B $2.85 142 555 697 B 1800 - 1900 $2.85 145 526 671 B $2.85 137 565 702 B $2.85 151 507 658 B $2.85 117 571 688 B $2.85 127 464 591 B 1900 - 2000 $2.85 120 389 509 B $2.85 162 480 642 B $2.85 158 525 683 B $2.85 172 518 690 B $2.85 159 411 570 B 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 $2.85 128 657 785 B $5.15 139 648 787 B 1500 - 1600 $5.05 170 594 764 B $2.80 163 566 729 B 1600 - 1700 $2.85 107 612 719 B $2.85 127 659 786 B 1700 - 1800 $2.85 119 592 711 B $2.85 115 474 589 B 1800 - 1900 $2.85 125 517 642 B $2.85 151 522 673 B 1900 - 2000 $2.85 143 393 536 B $2.85 137 491 628 B Monday 07/02/18 Tuesday 07/03/18 Wednesday 07/04/18 Wednesday 07/11/18 Thursday Thursday 07/05/18 Friday 07/06/18 Thursday 07/26/18 Friday 07/27/18 Monday 07/16/18 Tuesday 07/17/18 Wednesday 07/18/18 08/03/18Monday07/30/18 Tuesday 07/31/18 Wednesday 08/01/18 07/12/18 Friday 07/13/18Monday07/09/18 Tuesday 07/10/18 Monday 07/23/18 Tuesday 07/24/18 Thursday 07/19/18 Friday 07/20/18 Wednesday 07/25/18 Thursday 08/02/18 Friday 14 RCTC W ESTBOUND PEAK -HOUR V OLUMES Westbound AM Peak - McKinley to County Line 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 $6.55 369 1,045 1,414 E $3.95 340 1,099 1,439 E $1.50 33 40 73 A $6.55 297 857 1,154 C $3.95 286 620 906 C 0500 - 0600 $17.90 448 939 1,387 D $7.90 525 1,011 1,536 E $1.50 36 58 94 A $16.90 366 664 1,030 C $7.90 366 847 1,213 D 0600 - 0700 $16.55 268 965 1,233 D $7.15 247 923 1,170 C $1.50 51 110 161 A $15.15 247 864 1,111 C $7.15 265 957 1,222 D 0700 - 0800 $11.90 273 1,068 1,341 D $5.05 277 1,247 1,524 E $1.50 97 154 251 A $10.90 244 926 1,170 C $5.05 249 1,005 1,254 D 0800 - 0900 $7.15 202 1,024 1,226 D $5.15 220 908 1,128 C $1.50 151 175 326 A $7.90 180 880 1,060 C $5.15 233 698 931 C 0900 - 1000 $4.05 225 821 1,046 C $4.05 175 721 896 C $1.50 182 248 430 B $3.95 201 765 966 C $4.05 246 659 905 C 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 $6.55 355 1,055 1,410 E $6.55 392 965 1,357 D $6.55 401 1,076 1,477 E $6.55 393 1,099 1,492 E $3.95 286 599 885 C 0500 - 0600 $17.90 464 898 1,362 D $16.15 462 876 1,338 D $17.15 451 735 1,186 C $16.90 456 763 1,219 D $7.90 436 1,066 1,502 E 0600 - 0700 $16.55 246 1,020 1,266 D $16.15 248 869 1,117 C $15.15 336 1,072 1,408 E $15.15 322 1,063 1,385 D $7.15 300 1,260 1,560 E 0700 - 0800 $11.90 275 1,169 1,444 E $11.90 295 1,291 1,586 F $12.65 319 1,178 1,497 E $10.90 318 1,167 1,485 E $5.05 309 1,320 1,629 F 0800 - 0900 $7.15 218 1,284 1,502 E $7.15 221 1,332 1,553 E $7.15 252 1,281 1,533 E $7.90 260 1,359 1,619 F $5.15 222 1,065 1,287 D 0900 - 1000 $4.05 219 955 1,174 C $5.05 243 1,112 1,355 D $3.95 236 1,030 1,266 D $3.95 241 1,126 1,367 D $4.05 239 871 1,110 C 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 $6.55 362 1,060 1,422 E $6.55 355 967 1,322 D $6.55 399 1,078 1,477 E $6.55 400 1,020 1,420 E $3.95 325 742 1,067 C 0500 - 0600 $17.90 489 875 1,364 D $16.15 487 848 1,335 D $17.15 431 686 1,117 C $16.90 435 758 1,193 C $7.90 427 1,011 1,438 E 0600 - 0700 $16.55 243 944 1,187 C $16.15 275 839 1,114 C $15.15 333 1,066 1,399 D $15.15 321 1,013 1,334 D $7.15 338 1,163 1,501 E 0700 - 0800 $11.90 296 1,176 1,472 E $11.90 353 1,227 1,580 F $12.65 321 1,105 1,426 E $10.90 311 1,252 1,563 E $5.05 301 1,266 1,567 F 0800 - 0900 $7.15 249 1,283 1,532 E $7.15 252 1,378 1,630 F $7.15 283 1,392 1,675 F $7.90 266 1,250 1,516 E $5.15 227 924 1,151 C 0900 - 1000 $4.05 229 952 1,181 C $5.05 234 1,070 1,304 D $3.95 229 1,103 1,332 D $3.95 220 1,093 1,313 D $4.05 247 808 1,055 C 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 $6.55 392 1,040 1,432 E $6.55 389 927 1,316 D $6.55 378 1,106 1,484 E $6.55 393 1,007 1,400 D $3.95 341 708 1,049 C 0500 - 0600 $17.90 450 928 1,378 D $16.15 538 1,017 1,555 E $17.15 511 735 1,246 D $16.90 472 780 1,252 D $7.90 441 969 1,410 E 0600 - 0700 $16.55 261 994 1,255 D $16.15 252 878 1,130 C $15.15 296 1,041 1,337 D $15.15 323 1,054 1,377 D $7.15 305 1,124 1,429 E 0700 - 0800 $11.90 286 1,175 1,461 E $11.90 305 1,176 1,481 E $12.65 318 1,228 1,546 E $10.90 349 1,330 1,679 F $5.05 274 1,047 1,321 D 0800 - 0900 $7.15 213 1,275 1,488 E $7.15 268 1,387 1,655 F $7.15 261 1,270 1,531 E $7.90 249 1,144 1,393 D $5.15 227 897 1,124 C 0900 - 1000 $4.05 209 1,026 1,235 D $5.05 247 1,103 1,350 D $3.95 282 1,085 1,367 D $3.95 217 1,139 1,356 D $4.05 204 754 958 C 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 $6.55 365 1,005 1,370 D $6.55 356 1,013 1,369 D 0500 - 0600 $17.90 454 863 1,317 D $16.15 540 930 1,470 E 0600 - 0700 $16.55 302 946 1,248 D $16.15 261 867 1,128 C 0700 - 0800 $11.90 313 1,272 1,585 F $11.90 305 1,220 1,525 E 0800 - 0900 $7.15 270 1,243 1,513 E $7.15 258 1,358 1,616 F 0900 - 1000 $4.05 219 919 1,138 C $5.05 265 1,108 1,373 D 07/12/18 Friday 07/13/18Monday07/09/18 Tuesday 07/10/18 Wednesday 07/11/18 Thursday Wednesday 07/04/18 Thursday 07/05/18 Friday 06/01/18Monday07/02/18 Tuesday 07/03/18 Friday 07/20/18Monday07/16/18 Tuesday 07/17/18 Monday 07/30/18 Tuesday 07/31/18 Thursday 07/26/18 Friday 07/27/18Monday07/23/18 Tuesday 07/24/18 Wednesday 07/25/18 Wednesday 07/18/18 Thursday Wednesday 08/01/18 07/19/18 Thursday 08/02/18 Friday 08/03/18 15 Westbound AM Peak - I-15 North to County Line 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 $5.05 206 727 933 C $5.05 214 637 851 C $1.90 25 34 59 A $5.05 157 513 670 B $5.05 174 485 659 B 0500 - 0600 $16.40 307 915 1,222 D $6.50 293 935 1,228 D $1.90 28 76 104 A $12.40 241 832 1,073 C $6.50 217 719 936 C 0600 - 0700 $15.40 239 1,085 1,324 D $5.05 235 1,080 1,315 D $1.90 37 83 120 A $13.40 217 804 1,021 C $5.05 191 893 1,084 C 0700 - 0800 $11.40 157 877 1,034 C $5.15 155 848 1,003 C $1.90 36 90 126 A $10.40 131 737 868 C $5.15 129 673 802 C 0800 - 0900 $6.50 96 846 942 C $5.15 139 859 998 C $1.90 89 123 212 A $5.05 119 766 885 C $5.15 131 560 691 B 0900 - 1000 $5.05 118 627 745 B $2.85 125 605 730 B $1.90 105 190 295 A $5.15 111 531 642 B $2.85 107 485 592 B 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 $5.05 214 627 841 C $5.05 230 687 917 C $5.05 216 649 865 C $5.05 236 591 827 C $5.05 186 565 751 B 0500 - 0600 $16.40 298 1,036 1,334 D $14.40 297 896 1,193 C $14.40 338 1,015 1,353 D $12.40 313 1,010 1,323 D $6.50 275 842 1,117 C 0600 - 0700 $15.40 225 1,140 1,365 D $13.40 244 1,141 1,385 D $15.40 272 1,045 1,317 D $13.40 273 1,070 1,343 D $5.05 235 1,095 1,330 D 0700 - 0800 $11.40 192 1,006 1,198 C $9.40 203 1,238 1,441 E $11.40 215 1,121 1,336 D $10.40 181 1,073 1,254 D $5.15 176 843 1,019 C 0800 - 0900 $6.50 138 968 1,106 C $6.50 168 1,232 1,400 D $6.50 159 1,125 1,284 D $5.05 150 1,115 1,265 D $5.15 146 786 932 C 0900 - 1000 $5.05 97 681 778 B $5.15 124 714 838 C $5.15 139 733 872 C $5.15 140 734 874 C $2.85 144 577 721 B 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 $5.05 217 705 922 C $5.05 221 646 867 C $5.05 219 649 868 C $5.05 208 645 853 C $5.05 180 545 725 B 0500 - 0600 $16.40 314 934 1,248 D $14.40 334 937 1,271 D $14.40 331 1,012 1,343 D $12.40 303 1,027 1,330 D $6.50 239 900 1,139 C 0600 - 0700 $15.40 255 1,088 1,343 D $13.40 261 1,039 1,300 D $15.40 253 1,059 1,312 D $13.40 287 1,055 1,342 D $5.05 213 1,092 1,305 D 0700 - 0800 $11.40 198 1,057 1,255 D $9.40 190 1,158 1,348 D $11.40 210 1,118 1,328 D $10.40 203 1,164 1,367 D $5.15 167 838 1,005 C 0800 - 0900 $6.50 135 943 1,078 C $6.50 204 1,231 1,435 E $6.50 186 1,124 1,310 D $5.05 171 1,287 1,458 E $5.15 134 842 976 C 0900 - 1000 $5.05 152 713 865 C $5.15 160 844 1,004 C $5.15 149 733 882 C $5.15 182 751 933 C $2.85 128 586 714 B 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 $5.05 214 684 898 C $5.05 217 637 854 C $5.05 222 658 880 C $5.05 227 608 835 C $5.05 183 538 721 B 0500 - 0600 $16.40 314 948 1,262 D $14.40 353 992 1,345 D $14.40 346 1,056 1,402 E $12.40 322 1,067 1,389 D $6.50 238 795 1,033 C 0600 - 0700 $15.40 248 1,124 1,372 D $13.40 267 1,148 1,415 E $15.40 255 1,063 1,318 D $13.40 290 1,026 1,316 D $5.05 198 1,014 1,212 D 0700 - 0800 $11.40 212 998 1,210 D $9.40 214 1,135 1,349 D $11.40 197 1,114 1,311 D $10.40 175 949 1,124 C $5.15 150 735 885 C 0800 - 0900 $6.50 154 1,009 1,163 C $6.50 183 1,141 1,324 D $6.50 156 1,010 1,166 C $5.05 156 1,091 1,247 D $5.15 139 718 857 C 0900 - 1000 $5.05 150 680 830 C $5.15 144 845 989 C $5.15 149 682 831 C $5.15 140 701 841 C $2.85 157 585 742 B 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 $5.05 216 719 935 C $5.05 243 707 950 C 0500 - 0600 $16.40 318 916 1,234 D $14.40 314 934 1,248 D 0600 - 0700 $15.40 251 1,116 1,367 D $13.40 263 1,077 1,340 D 0700 - 0800 $11.40 158 1,021 1,179 C $9.40 184 1,159 1,343 D 0800 - 0900 $6.50 171 938 1,109 C $6.50 183 1,076 1,259 D 0900 - 1000 $5.05 140 709 849 C $5.15 154 769 923 C Monday 07/02/18 Tuesday 07/03/18 Wednesday 07/04/18 Wednesday 07/11/18 Thursday Thursday 07/05/18 Friday 07/06/18 Thursday 07/26/18 Friday 07/27/18 Monday 07/16/18 Tuesday 07/17/18 Wednesday 07/18/18 08/03/18Monday07/30/18 Tuesday 07/31/18 Wednesday 08/01/18 07/12/18 Friday 07/13/18Monday07/09/18 Tuesday 07/10/18 Monday 07/23/18 Tuesday 07/24/18 Thursday 07/19/18 Friday 07/20/18 Wednesday 07/25/18 Thursday 08/02/18 Friday 16 RCTC O P ERATIONAL HIGHLIGHTS On-road Operations RCTC Freeway Service Patrol (FSP) responded to 84 calls during the month of July. Of those calls, 64 were to assist disabled vehicles, 9 were to remove debris, and 11 were in response to accidents. 17 FINANCIAL HIGHLIGHTS RCTC 18 JOINT AGENCY TRIP AN D REVENUE STATISTICS JOINT AGENCY TRAFFIC STATISTICS MULTI AGENCY TRIP AND REVENUE STATISTICS MONTH ENDING July 31, 2018 Jul-18 MTD Transactions by Agency Transactions Using Both Segments % Using Both Segments Revenue Westbound OCTA 732,285 440,950 60%1,761,761$ RCTC 690,811 440,950 64%2,818,699$ I-15 292,711 195,387 67%1,249,799$ McKinley 398,100 245,563 62%1,568,900$ Eastbound OCTA 750,507 412,853 55%2,532,061$ RCTC 592,680 412,853 70%1,670,559$ I-15 210,657 163,108 77%445,201$ McKinley 382,023 249,745 65%1,225,358$ 60%55%64%70% - 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 OCTA RCTC OCTA RCTC Westbound Eastbound Joint Agency Traffic Statistics OCTA Transactions RCTC Transactions % of OCTA Transactions Using Both Segments % of RCTC Transactions Using Both Segments 19 JOINT AGENCY PER FORMANCE MEASURES JOINT AGENCY TRANSPONDER DISTRIBU TION Jul-18 Performance CUSTOMER SERVICE Call Wait Time Monthly Not to exceed 2 minutes 2:09 Abandon Rate Monthly No more than 4.0% 3.0% Customer Satisfaction Monthly At least 75 outbound calls 79 Convert Violators to Customers Quarterly 8% or more 29% Convert Violators to Customers Annually 10% or more 0% VIOLATION PROCESSING Response Time Monthly Within 2 business days of receipt 1.6 CUSA Violation Collection Rate Quarterly 70% or more 72% CUSA Violation Collection Rate Annually 74% or more 72% TRAFFIC OPERATIONS Initial & Secondary Reviews Monthly Equal to or less than 15 days 1.7 *Plate Misread Errors Monthly Equal to or less than 0.4% 0.01% CAS Response Time Monthly 0:20 (minutes) per call 0:07 ACCOUNTING Monthly No more than 3 0 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 REPORTING REQUIREMENT Reporting P eriod PERFORMANCE STANDARD OCTA Exceptions RCTC Exceptions * Plate Misread Error performance is current after a 60-day hold-back period; therefore, percentage reported here is for 2 months prior to the month of this report. Tags % of Total Tags % of Total Issued To New Accounts 1,608 43.4%1,914 42.4%1,608 43.4% Additional Tags to Existing Accounts 943 25.5%1,184 26.2%943 25.5% Replacement Transponders 1,151 31.1%1,421 31.4%1,151 31.1% Total Issued 3,702 4,519 3,702 Returned Account Closures 380 23.8%485 23.9%380 23.8% Accounts Downsizing 199 12.5%220 10.8%199 12.5% Defective Transponders 1,019 63.8%1,327 65.3%1,019 63.8% Total Returned 1,598 2,032 1,598 FY 2018-19TRANSPONDER DISTRIBUTION July-18 June-18 Average To-Date 20 At the end of July 2018, the 91 Express Lanes had 141,515 active customer accounts, and 215,328 transponders classified as Assigned. Number of Accounts by Fiscal Year As of July 31, 2018 Incoming Email Activity During July, the Anaheim Processing Center received 3,037 emails. 117,888 114,556 114,138 112,584 112,473 112,929 113,672 116,813 119,782 130,048 140,694 141,515 60,000 70,000 80,000 90,000 100,000 110,000 120,000 130,000 140,000 150,000 160,000 Fiscal Year ATTACHMENT B Orange County Transportation Authority Riverside County Transportation Commission Status Report August 2018 As of August 31, 2018 2 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 ...................................................................................... 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 .......................................................................................11 RCTC Peak-Hour Volumes .......................................................................................................13 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 Number of Accounts by Fiscal Year ..........................................................................................22 Incoming Email Activity .............................................................................................................22 3 OPERATIONS OVERVIEW OCTA TRAFFIC AND REVENUE STATIST ICS FOR OCTA Total traffic volume on the OCTA 91 Express Lanes for August 2018 was 1,567,485. This represents a daily average of 50,564. This is an 8.4% increase in total traffic volume from the same period last year when traffic levels totaled 1,445,845. Potential toll revenue for the month was $4,709,712 which represents an increase of 8.4% from the prior year’s total of $4,343,900. Carpool percentage for the month was 25.91% as compared to the previous year’s rate of 24.46%. Month-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 month of August 2018. Current Month-to-Date (MTD) as of August 31, 2018 Trips Aug-18 MTD Actual Aug-17 MTD Actual Yr-to-Yr % Variance Full Toll Lanes 1,161,329 1,092,232 6.3% 3+ Lanes 406,156 353,613 14.9% Total Gross Trips 1,567,485 1,445,845 8.4% Revenue Full Toll Lanes $4,624,936 $4,266,365 8.4% 3+ Lanes $84,776 $77,625 9.2% Total Gross Revenue $4,709,712 $4,343,900 8.4% Average Revenue per Trip Average Full Toll Lanes $3.98 $3.91 1.8% Average 3+ Lanes $0.21 $0.22 (4.5%) Average Gross Revenue $3.00 $3.00 0.0% 4 The 2019 fiscal year-to-date (YTD) traffic volume is 7.8% higher when compared with the same period last year. The 2019 fiscal year-to-date revenue is 7.9% higher than for the same period last year. Year-to-date average revenue per-trip is $2.95. 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 month s of July 2018 through August 2018. FY 201 8 -1 9 Year to Date as of August 31, 201 8 Trips FY 2018-19 YTD Actual FY 2017-18 YTD Actual Yr-to-Yr % Variance Full Toll Lanes 2,231,017 2,102,308 6.1% 3+ Lanes 819,260 727,822 12.6% Total Gross Trips 3,050,277 2,830,130 7.8% Revenue Full Toll Lanes $8,839,831 $8,186,521 8.0% 3+ Lanes $163,703 $155,766 5.1% Total Gross Revenue $9,003,533 $8,342,287 7.9% Average Revenue per Trip Average Full Toll Lanes $3.96 $3.89 1.8% Average 3+ Lanes $0.20 $0.21 (4.8%) Average Gross Revenue $2.95 $2.95 0.0% 5 O CTA Traffic and Revenue Summary The chart below reflects the total trips breakdown between Full Toll trips and HOV3+ trips for FY 2018-19 on a monthly basis. The chart below reflects the gross potential revenue breakdown between Full Toll trips and HOV3+ trips for FY 2018-19 on a monthly basis. 1,069,688 1,161,329 413,104 406,156 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 1,800,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Volume Month FY 2018-19 Traffic Volume Overview Full Toll Lanes 3+ Lanes $4,214,894 $4,624,936 $78,927 $84,776 $2,500,000 $3,000,000 $3,500,000 $4,000,000 $4,500,000 $5,000,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Revenue Month FY 2018-19 Revenue Summary Full Toll Lanes 3+ Lanes 6 Peak traffic hour in the eastbound direction reached or exceeded 90% or more of defined capacity 27 times during the month of August 2018. As demonstrated on the next chart, westbound peak hour traffic volumes top out at 75% of defined capacity. OCTA EASTBOUND PEAK -HOUR VOLUMES PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 520 2,958 87%$5.20 572 3,254 96%$5.35 567 3,262 96% 1500 - 1600 $6.25 759 3,353 99%$6.00 720 3,163 93%$10.15 722 2,671 79% 1600 - 1700 $6.75 582 2,908 86%$9.30 586 3,018 89%$9.95 487 2,681 79% 1700 - 1800 $7.40 494 2,477 73%$9.70 506 2,480 73%$6.90 588 2,828 83% 1800 - 1900 $3.85 659 3,108 91%$4.75 650 2,850 84%$6.40 628 2,727 80% 1900 - 2000 $3.75 581 2,227 66%$5.50 612 2,390 70%$5.95 578 2,059 61% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 518 2,636 78%$5.05 481 2,869 84%$5.05 505 2,936 86%$5.20 536 3,176 93%$5.35 566 3,295 97% 1500 - 1600 $5.40 657 3,061 90%$5.65 682 2,890 85%$6.25 678 3,238 95%$6.00 684 3,094 91%$10.15 651 2,532 74% 1600 - 1700 $5.25 494 2,825 83%$5.50 568 3,047 90%$6.75 544 2,749 81%$9.30 577 3,109 91%$9.95 457 2,650 78% 1700 - 1800 $5.20 450 2,450 72%$5.90 465 2,514 74%$7.40 504 2,548 75%$9.70 497 2,565 75%$6.90 585 2,644 78% 1800 - 1900 $5.40 618 2,468 73%$3.85 601 2,835 83%$3.85 659 3,003 88%$4.75 696 3,037 89%$6.40 656 2,689 79% 1900 - 2000 $3.75 550 2,263 67%$3.75 644 2,490 73%$3.75 659 2,474 73%$5.50 527 2,017 59%$5.95 605 2,091 62% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 482 2,610 77%$5.05 476 2,949 87%$5.05 517 3,129 92%$5.20 527 3,239 95%$5.35 551 3,241 95% 1500 - 1600 $5.40 619 2,927 86%$5.65 633 2,735 80%$6.25 610 2,742 81%$6.00 659 3,193 94%$10.15 725 2,674 79% 1600 - 1700 $5.25 459 2,802 82%$5.50 530 3,255 96%$6.75 508 2,608 77%$9.30 547 3,002 88%$9.95 496 2,714 80% 1700 - 1800 $5.20 509 2,847 84%$5.90 493 2,689 79%$7.40 429 2,412 71%$9.70 462 2,429 71%$6.90 553 2,839 84% 1800 - 1900 $5.40 661 2,984 88%$3.85 606 2,902 85%$3.85 619 2,910 86%$4.75 640 2,934 86%$6.40 668 2,788 82% 1900 - 2000 $3.75 416 1,840 54%$3.75 602 2,514 74%$3.75 613 2,562 75%$5.50 566 2,345 69%$5.95 555 2,047 60% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 437 2,637 78%$5.05 439 2,907 86%$5.05 427 2,978 88%$5.20 496 3,158 93%$5.35 491 3,194 94% 1500 - 1600 $5.40 620 3,137 92%$5.65 625 2,766 81%$6.25 612 3,111 92%$6.00 596 2,987 88%$10.15 668 2,618 77% 1600 - 1700 $5.25 462 2,898 85%$5.50 464 3,023 89%$6.75 483 2,850 84%$9.30 534 2,963 87%$9.95 451 2,665 78% 1700 - 1800 $5.20 513 2,944 87%$5.90 442 2,456 72%$7.40 481 2,666 78%$9.70 481 2,654 78%$6.90 521 2,617 77% 1800 - 1900 $5.40 333 1,364 40%$3.85 590 2,794 82%$3.85 603 2,952 87%$4.75 600 2,902 85%$6.40 639 2,797 82% 1900 - 2000 $3.75 592 2,292 67%$3.75 564 2,503 74%$3.75 544 2,385 70%$5.50 587 2,478 73%$5.95 500 1,876 55% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 377 2,503 74%$5.05 422 2,740 81%$5.05 433 2,864 84%$5.20 465 3,174 93%$5.35 576 3,290 97% 1500 - 1600 $5.40 437 1,876 55%$5.65 572 2,682 79%$6.25 587 3,147 93%$6.00 636 3,075 90%$10.15 718 2,720 80% 1600 - 1700 $5.25 489 2,858 84%$5.50 493 3,279 96%$6.75 472 2,805 83%$9.30 557 3,167 93%$9.95 448 2,381 70% 1700 - 1800 $5.20 507 2,988 88%$5.90 423 2,468 73%$7.40 453 2,634 77%$9.70 466 2,565 75%$6.90 575 2,645 78% 1800 - 1900 $5.40 576 2,891 85%$3.85 603 2,929 86%$3.85 613 2,959 87%$4.75 590 2,842 84%$6.40 692 2,693 79% 1900 - 2000 $3.75 522 2,231 66%$3.75 588 2,379 70%$3.75 588 2,547 75%$5.50 632 2,630 77%$5.95 594 2,002 59% Thursday 08/30/18 Friday 08/31/18 Thursday 08/23/18 Friday 08/24/18 Monday 08/27/18 Tuesday 08/28/18 Wednesday 08/29/18 Thursday 08/16/18 Friday 08/17/18 Monday 08/20/18 Tuesday 08/21/18 Wednesday 08/22/18 Thursday 08/09/18 Friday 08/10/18 Monday 08/13/18 Tuesday 08/14/18 Wednesday 08/15/18 Thursday 08/02/18 Friday 08/03/18 Monday 08/06/18 Tuesday 08/07/18 Wednesday 08/08/18 Monday 07/30/18 Tuesday 07/31/18 Wednesday 08/01/18 7 OCTA W ESTBOUND PEAK -HOUR V OLUMES AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 740 2,230 66%$3.00 735 2,183 64%$3.00 655 1,874 55% 0500 - 0600 $4.85 744 2,305 68%$4.85 796 2,361 69%$4.60 657 2,148 63% 0600 - 0700 $5.05 511 1,968 58%$5.05 519 1,926 57%$4.85 496 1,939 57% 0700 - 0800 $5.55 498 2,030 60%$5.55 428 1,921 57%$5.40 415 1,814 53% 0800 - 0900 $5.05 452 2,159 64%$5.05 422 2,117 62%$4.85 421 1,785 53% 0900 - 1000 $4.00 511 2,304 68%$4.00 467 2,082 61%$4.00 458 1,886 55% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 716 2,178 64%$3.00 689 2,210 65%$3.00 725 2,206 65%$3.00 712 2,133 63%$3.00 594 1,727 51% 0500 - 0600 $4.85 724 2,316 68%$4.85 819 2,374 70%$4.85 745 2,239 66%$4.85 752 2,240 66%$4.60 639 2,093 62% 0600 - 0700 $5.05 452 1,929 57%$5.05 481 1,948 57%$5.05 501 1,912 56%$5.05 495 1,849 54%$4.85 476 1,847 54% 0700 - 0800 $5.55 383 1,818 53%$5.55 434 1,880 55%$5.55 444 1,906 56%$5.55 467 1,998 59%$5.40 402 1,780 52% 0800 - 0900 $5.05 429 2,013 59%$5.05 401 2,097 62%$5.05 420 2,063 61%$5.05 374 2,086 61%$4.85 368 1,685 50% 0900 - 1000 $4.00 427 1,919 56%$4.00 451 2,239 66%$4.00 413 2,015 59%$4.00 401 2,032 60%$4.00 415 1,964 58% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 698 2,106 62%$3.00 759 2,249 66%$3.00 743 2,302 68%$3.00 778 2,370 70%$3.00 649 1,928 57% 0500 - 0600 $4.85 756 2,220 65%$4.85 858 2,449 72%$4.85 774 2,254 66%$4.85 785 2,323 68%$4.60 719 2,307 68% 0600 - 0700 $5.05 533 1,947 57%$5.05 506 1,944 57%$5.05 558 2,014 59%$5.05 552 2,000 59%$4.85 535 1,977 58% 0700 - 0800 $5.55 374 1,848 54%$5.55 451 1,950 57%$5.55 415 1,897 56%$5.55 414 2,008 59%$5.40 378 1,757 52% 0800 - 0900 $5.05 337 1,944 57%$5.05 348 2,078 61%$5.05 351 2,164 64%$5.05 348 2,136 63%$4.85 337 1,763 52% 0900 - 1000 $4.00 424 2,355 69%$4.00 372 2,428 71%$4.00 414 2,240 66%$4.00 346 2,014 59%$4.00 356 1,929 57% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 676 2,248 66%$3.00 738 2,302 68%$3.00 714 2,243 66%$3.00 722 2,247 66%$3.00 666 1,918 56% 0500 - 0600 $4.85 735 2,284 67%$4.85 841 2,494 73%$4.85 777 2,282 67%$4.85 801 2,425 71%$4.60 724 2,307 68% 0600 - 0700 $5.05 521 2,009 59%$5.05 566 1,959 58%$5.05 621 2,077 61%$5.05 548 1,934 57%$4.85 539 1,988 58% 0700 - 0800 $5.55 427 1,975 58%$5.55 442 1,998 59%$5.55 422 1,978 58%$5.55 423 2,033 60%$5.40 418 1,865 55% 0800 - 0900 $5.05 364 2,066 61%$5.05 349 2,090 61%$5.05 323 2,088 61%$5.05 316 2,087 61%$4.85 344 1,845 54% 0900 - 1000 $4.00 314 2,100 62%$4.00 320 2,151 63%$4.00 339 2,045 60%$4.00 319 2,125 63%$4.00 282 1,802 53% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 737 2,405 71%$3.00 744 2,271 67%$3.00 759 2,328 68%$3.00 770 2,335 69%$3.00 612 1,833 54% 0500 - 0600 $4.85 735 2,295 68%$4.85 836 2,545 75%$4.85 784 2,345 69%$4.85 783 2,454 72%$4.60 682 2,188 64% 0600 - 0700 $5.05 548 1,865 55%$5.05 558 1,895 56%$5.05 605 2,040 60%$5.05 596 1,950 57%$4.85 602 1,999 59% 0700 - 0800 $5.55 458 2,020 59%$5.55 439 2,036 60%$5.55 453 2,024 60%$5.55 465 2,079 61%$5.40 400 1,677 49% 0800 - 0900 $5.05 298 2,114 62%$5.05 329 2,108 62%$5.05 272 1,866 55%$5.05 326 2,064 61%$4.85 292 1,813 53% 0900 - 1000 $4.00 344 2,169 64%$4.00 319 2,094 62%$4.00 328 2,242 66%$4.00 310 2,062 61%$4.00 309 1,712 50% Thursday 08/30/18 Friday 08/31/18 Thursday 08/23/18 Friday 08/24/18 Monday 08/27/18 Tuesday 08/28/18 Wednesday 08/29/18 Thursday 08/16/18 Friday 08/17/18 Monday 08/20/18 Tuesday 08/21/18 Wednesday 08/22/18 Thursday 08/09/18 Friday 08/10/18 Monday 08/13/18 Tuesday 08/14/18 Wednesday 08/15/18 Thursday 08/02/18 Friday 08/03/18 Monday 08/06/18 Tuesday 08/07/18 Wednesday 08/08/18 Monday 07/30/18 Tuesday 07/31/18 Wednesday 08/01/18 8 OCTA OPERATIONAL HIGHLIGHTS On-road Operations OCTA Customer Assistance Specialists (CAS) responded to 137 calls during the month of August. Of those calls, 118 were to assist disabled vehicles and 7 calls to remove debris. The CAS provided assistance to 9 accidents in the Express Lanes and 3 accidents originating from the SR91 general-purpose lanes. 9 FINANCIAL HIGHLIGHTS OCTA 91 Express Lanes Operating Statement YTD as of : 8/31/2018 Description Actual (1)Budget (1)Dollar $Percent (%) Operating revenues: Toll revenue 8,041,692.58$ 8,479,130.00$ (437,437.42)$ (5.2) Fee revenue 1,233,371.07 673,261.00 560,110.07 83.2 Total operating revenues 9,275,063.65 9,152,391.00 122,672.65 1.3 Operating expenses: Contracted services 1,092,672.10 1,216,180.00 123,507.90 10.2 Administrative fee 413,508.00 459,314.00 45,806.00 10.0 Other professional services 29,383.34 224,910.00 195,526.66 86.9 Credit card processing fees 222,033.04 213,774.00 (8,259.04) (3.9) Toll road account servicing 103,233.93 56,715.00 (46,518.93) (82.0) Other insurance expense 58,764.44 41,650.00 (17,114.44) (41.1) Toll road maintenance supply repairs 24,243.37 33,820.00 9,576.63 28.3 Patrol services 117,715.77 132,458.00 14,742.23 11.1 Building equipment repairs and maint 4,282.48 41,112.00 36,829.52 89.6 Other services 721.00 1,666.00 945.00 56.7 Utilities 4,267.83 10,996.00 6,728.17 61.2 Office expense 306.47 11,662.00 11,355.53 97.4 Bad debt expense 28,017.86 - (28,017.86) N/A Miscellaneous (2)7,845.27 24,768.00 16,922.73 68.3 Leases 91,735.65 76,636.00 (15,099.65) (19.7) Total operating expenses 2,198,730.55 2,545,661.00 346,930.45 13.6 Depreciation and amortization (3)574,486.13 - (574,486.13) N/A Operating income (loss)6,501,846.97 6,606,730.00 (104,883.03) (1.6) Nonoperating revenues (expenses): Reimbursement from Other Agencies 15,494.66 186,398.00 (170,903.34) (91.7) Interest income 390,409.17 369,964.00 20,445.17 5.5 Interest expense (847,429.10) (834,992.00) (12,437.10) (1.5) Other 3,449.11 - 3,449.11 N/A Total nonoperating revenues (expenses)(438,076.16) (278,630.00) (159,446.16) (57.2) Transfers in - - - N/A Transfers out (5,224.90) (6,471.00) 1,246.10 19.3 Net income (loss)6,058,545.91$ 6,321,629.00$ (263,083.09)$ (4.2) ¹Actual 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. ²Miscellaneous expenses include: Bond Insurance Costs, Bank Service Charge, Transponder Materials. ³Depreciation and amortization are not budgeted items. YTD Variance 10 OPERATIONS OVERVIEW RCTC TRAFFIC AND REVENUE STATISTICS FOR RCTC Total traffic volume on the RCTC 91 Express Lanes for August 2018 was 1,367,738. This represents a daily average of 44,121. This is a 7.8% increase in total traffic volume from the same period last year when traffic levels totaled 1,268,846. Potential toll revenue for the month was $4,933,154 which represents an increase of 28.2% from the prior year’s total of $3,848,603. Carpool percentage for the month was 23.68% as compared to the previous year’s rate of 21.01%. Month-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 month of August 2018. Current Month-to-Date (MTD) as of August 31, 2018 Trips Aug-18 MTD Actual Stantec MTD Projected # Variance % Variance Aug-17 MTD Actual Yr-to-Yr % Variance Full Toll Lanes 1,043,813 632,800 411,013 65.0% 1,002,284 4.1% 3+ Lanes 323,925 222,243 101,682 45.8% 266,562 21.5% Total Gross Trips 1,367,738 855,043 512,695 60.0% 1,268,846 7.8% Revenue Full Toll Lanes $4,893,862 $1,911,786 $2,982,076 156.0% $3,814,051 28.3% 3+ Lanes $39,292 $0 $39,292 $34,552 13.7% Total Gross Revenue $4,933,154 $1,911,786 $3,021,368 158.0% $3,848,603 28.2% Average Revenue per Trip Average Full Toll Lanes $4.69 $3.02 $1.67 55.3% $3.81 23.1% Average 3+ Lanes $0.12 $0.00 $0.12 $0.13 (7.7%) Average Gross Revenue $3.61 $2.24 $1.37 61.2% $3.03 19.1% 11 The 2019 fiscal year-to-date (YTD) traffic volume is 7.7% higher when compared with the same period last year. The 2019 fiscal year-to-date revenue is 30% higher than for the same period last year. The traffic and revenue increases are attributed to higher demand and increase toll rates to manage the demand. Year-to-date average revenue per-trip is $3.55. 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 month s of July 2018 through August 2018. FY 2018-19 Year to Date as of August 31, 2018 Trips FY 2018-19 YTD Actual Stantec YTD Projected # Variance % Variance FY 2017-18 YTD Actual Yr-to-Yr % Variance Full Toll Lanes 2,002,025 1,224,500 777,525 63.5% 1,922,415 4.1% 3+ Lanes 649,204 439,986 209,218 47.6% 538,909 20.5% Total Gross Trips 2,651,229 1,664,486 986,743 59.3% 2,461,324 7.7% Revenue Full Toll Lanes $9,344,456 $3,725,200 $5,619,256 150.8% $7,177,645 30.2% 3+ Lanes $77,956 $0 $77,956 $68,354 14.0% Total Gross Revenue $9,422,413 $3,725,200 $5,697,213 152.9% $7,245,999 30.0% Average Revenue per Trip Average Full Toll Lanes $4.67 $3.04 $1.63 53.6% $3.73 25.2% Average 3+ Lanes $0.12 $0.00 $0.12 $0.13 (7.7%) Average Gross Revenue $3.55 $2.24 $1.31 58.5% $2.94 20.7% 12 RCTC Traffic and Revenue Summary The chart below reflects the total trips broken down between Full Toll lanes and HOV3+ lanes for FY 2018-19 on a monthly basis. The chart below reflects the gross potential revenue breakdown between Full Toll lanes and HOV3+ lanes for FY 2018-19 on a monthly basis. 958,212 1,043,813 325,279 323,925 0 175,000 350,000 525,000 700,000 875,000 1,050,000 1,225,000 1,400,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Volume Month FY 2018-19 Traffic Volume Overview Full Toll Lanes 3+ Lanes $4,450,594 $4,893,862 $38,664 $39,292 $2,000,000 $2,400,000 $2,800,000 $3,200,000 $3,600,000 $4,000,000 $4,400,000 $4,800,000 $5,200,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Revenue Month FY 2018-19 Revenue Summary Full Toll Lanes 3+ Lanes 13 RCTC PEAK -HOUR VOLUMES RCTC regularly evaluates traffic volumes for peak period hours where Express Lanes performance is degraded and either increases or decreases tolls. Tolls rates were adjusted once in August to improve the level of service in the peak hours where demand exceeded capacity. Hourly rates that have been increased are highlighted in green. Hourly rates that have been decreased are highlighted in red. Hours that are flagged for continued evaluation are highlighted in yellow. 14 RCTC E ASTBOUND PEAK -HOUR V OLUMES Eastbound PM Peak - County Line to McKinley 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 $5.15 259 1,093 1,352 D $7.55 301 1,175 1,476 E $16.40 333 1,174 1,507 E 1500 - 1600 $6.55 389 1,070 1,459 E $9.60 393 1,041 1,434 E $16.40 405 976 1,381 D 1600 - 1700 $3.95 262 996 1,258 D $8.55 271 961 1,232 D $11.40 243 991 1,234 D 1700 - 1800 $3.95 235 836 1,071 C $3.95 271 878 1,149 C $7.40 284 957 1,241 D 1800 - 1900 $3.95 337 922 1,259 D $3.95 289 927 1,216 D $5.05 315 838 1,153 C 1900 - 2000 $3.95 321 724 1,045 C $4.05 298 821 1,119 C $3.95 299 808 1,107 C 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 $4.05 270 1,004 1,274 D $5.15 251 964 1,215 D $5.15 259 1,047 1,306 D $7.55 292 1,215 1,507 E $16.40 346 1,184 1,530 E 1500 - 1600 $5.05 343 955 1,298 D $5.15 342 995 1,337 D $6.55 357 1,009 1,366 D $9.60 355 978 1,333 D $16.40 367 948 1,315 D 1600 - 1700 $4.05 245 970 1,215 D $4.05 248 964 1,212 D $3.95 263 1,022 1,285 D $8.55 281 1,022 1,303 D $11.40 225 1,000 1,225 D 1700 - 1800 $4.05 200 793 993 C $4.05 215 824 1,039 C $3.95 259 970 1,229 D $3.95 255 901 1,156 C $7.40 252 900 1,152 C 1800 - 1900 $4.05 280 781 1,061 C $4.05 278 838 1,116 C $3.95 333 926 1,259 D $3.95 320 922 1,242 D $5.05 355 926 1,281 D 1900 - 2000 $2.20 261 718 979 C $4.05 305 861 1,166 C $3.95 332 771 1,103 C $4.05 248 705 953 C $3.95 294 842 1,136 C 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 $4.05 245 1,011 1,256 D $5.15 227 1,037 1,264 D $5.15 258 1,262 1,520 E $7.55 278 1,229 1,507 E $16.40 297 1,131 1,428 E 1500 - 1600 $5.05 321 945 1,266 D $5.15 340 967 1,307 D $6.55 293 961 1,254 D $9.60 329 1,015 1,344 D $16.40 380 915 1,295 D 1600 - 1700 $4.05 199 895 1,094 C $4.05 238 1,030 1,268 D $3.95 224 880 1,104 C $8.55 237 929 1,166 C $11.40 233 944 1,177 C 1700 - 1800 $4.05 228 920 1,148 C $4.05 250 852 1,102 C $3.95 199 872 1,071 C $3.95 196 786 982 C $7.40 236 970 1,206 D 1800 - 1900 $4.05 295 904 1,199 C $4.05 274 923 1,197 C $3.95 286 899 1,185 C $3.95 290 969 1,259 D $5.05 318 967 1,285 D 1900 - 2000 $2.20 172 609 781 B $4.05 226 819 1,045 C $3.95 251 823 1,074 C $4.05 243 785 1,028 C $3.95 254 765 1,019 C 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 $4.05 227 1,042 1,269 D $5.15 221 1,135 1,356 D $5.15 223 1,175 1,398 D $7.55 273 1,200 1,473 E $16.40 274 1,115 1,389 D 1500 - 1600 $5.05 314 991 1,305 D $5.15 303 889 1,192 C $6.55 326 1,028 1,354 D $9.60 293 989 1,282 D $16.40 351 942 1,293 D 1600 - 1700 $4.05 198 915 1,113 C $4.05 213 897 1,110 C $3.95 224 967 1,191 C $8.55 237 934 1,171 C $11.40 239 918 1,157 C 1700 - 1800 $4.05 212 897 1,109 C $4.05 210 803 1,013 C $3.95 209 891 1,100 C $3.95 234 844 1,078 C $7.40 247 901 1,148 C 1800 - 1900 $4.05 173 468 641 B $4.05 276 882 1,158 C $3.95 294 897 1,191 C $3.95 276 950 1,226 D $5.05 330 944 1,274 D 1900 - 2000 $2.20 252 595 847 C $4.05 247 779 1,026 C $3.95 246 772 1,018 C $4.05 269 780 1,049 C $3.95 237 614 851 C 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 $4.05 209 1,013 1,222 D $5.15 214 994 1,208 D $5.15 232 1,143 1,375 D $7.55 262 1,191 1,453 E $16.40 388 1,216 1,604 F 1500 - 1600 $5.05 265 725 990 C $5.15 295 875 1,170 C $6.55 285 949 1,234 D $9.60 336 975 1,311 D $16.40 396 920 1,316 D 1600 - 1700 $4.05 244 1,000 1,244 D $4.05 240 930 1,170 C $3.95 218 916 1,134 C $8.55 239 999 1,238 D $11.40 282 941 1,223 D 1700 - 1800 $4.05 227 823 1,050 C $4.05 186 773 959 C $3.95 217 864 1,081 C $3.95 202 843 1,045 C $7.40 326 1,016 1,342 D 1800 - 1900 $4.05 238 788 1,026 C $4.05 285 852 1,137 C $3.95 271 881 1,152 C $3.95 274 902 1,176 C $5.05 369 1,031 1,400 D 1900 - 2000 $2.20 233 687 920 C $4.05 215 707 922 C $3.95 226 763 989 C $4.05 268 775 1,043 C $3.95 306 740 1,046 C 08/09/18 Friday 08/10/18Monday08/06/18 Tuesday 08/07/18 Wednesday 08/08/18 Thursday Wednesday 08/01/18 Thursday 08/02/18 Friday 08/03/18Monday07/30/18 Tuesday 07/31/18 Friday 08/17/18Monday08/13/18 Tuesday 08/14/18 Monday 08/27/18 Tuesday 08/28/18 Thursday 08/23/18 Friday 08/24/18Monday08/20/18 Tuesday 08/21/18 Wednesday 08/22/18 Wednesday 08/15/18 Thursday Wednesday 08/29/18 08/16/18 Thursday 08/30/18 Friday 08/31/18 15 Eastbound PM Peak - County Line to I-15 South 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 $5.05 138 637 775 B $5.05 138 768 906 C $5.15 140 706 846 C 1500 - 1600 $5.15 196 687 883 C $5.15 192 655 847 C $2.80 170 556 726 B 1600 - 1700 $2.85 139 593 732 B $2.80 157 670 827 C $2.85 127 562 689 B 1700 - 1800 $2.85 119 479 598 B $2.85 108 506 614 B $2.85 140 522 662 B 1800 - 1900 $2.85 148 549 697 B $2.85 150 516 666 B $2.85 120 479 599 B 1900 - 2000 $2.85 136 446 582 B $2.85 158 484 642 B $2.85 147 398 545 B 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 $2.85 147 639 786 B $5.15 119 644 763 B $5.05 126 731 857 C $5.05 133 785 918 C $5.15 156 728 884 C 1500 - 1600 $5.05 181 635 816 C $2.80 179 659 838 C $5.15 159 770 929 C $5.15 158 686 844 C $2.80 128 571 699 B 1600 - 1700 $2.85 125 598 723 B $2.85 137 646 783 B $2.85 125 570 695 B $2.80 110 637 747 B $2.85 93 568 661 B 1700 - 1800 $2.85 88 468 556 B $2.85 97 529 626 B $2.85 102 462 564 B $2.85 92 441 533 B $2.85 116 459 575 B 1800 - 1900 $2.85 122 444 566 B $2.85 120 519 639 B $2.85 127 507 634 B $2.85 132 445 577 B $2.85 117 486 603 B 1900 - 2000 $2.85 106 466 572 B $2.85 148 514 662 B $2.85 151 468 619 B $2.85 113 362 475 B $2.85 141 373 514 B 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 $2.85 118 701 819 C $5.15 151 776 927 C $5.05 130 758 888 C $5.05 135 749 884 C $5.15 150 779 929 C 1500 - 1600 $5.05 175 671 846 C $2.80 149 668 817 C $5.15 162 585 747 B $5.15 169 661 830 C $2.80 171 562 733 B 1600 - 1700 $2.85 132 674 806 C $2.85 137 661 798 B $2.85 120 548 668 B $2.80 133 663 796 B $2.85 129 560 689 B 1700 - 1800 $2.85 129 566 695 B $2.85 112 501 613 B $2.85 119 532 651 B $2.85 115 491 606 B $2.85 116 548 664 B 1800 - 1900 $2.85 135 575 710 B $2.85 135 472 607 B $2.85 134 514 648 B $2.85 135 492 627 B $2.85 152 487 639 B 1900 - 2000 $2.85 126 459 585 B $2.85 165 505 670 B $2.85 160 530 690 B $2.85 142 500 642 B $2.85 148 448 596 B 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 $2.85 106 670 776 B $5.15 134 674 808 C $5.05 123 750 873 C $5.05 128 772 900 C $5.15 128 735 863 C 1500 - 1600 $5.05 141 585 726 B $2.80 138 600 738 B $5.15 132 613 745 B $5.15 149 661 810 C $2.80 153 581 734 B 1600 - 1700 $2.85 129 587 716 B $2.85 107 615 722 B $2.85 129 598 727 B $2.80 119 675 794 B $2.85 115 569 684 B 1700 - 1800 $2.85 118 577 695 B $2.85 113 491 604 B $2.85 129 549 678 B $2.85 121 535 656 B $2.85 125 521 646 B 1800 - 1900 $2.85 68 286 354 A $2.85 110 500 610 B $2.85 120 552 672 B $2.85 106 542 648 B $2.85 125 510 635 B 1900 - 2000 $2.85 126 434 560 B $2.85 134 546 680 B $2.85 133 496 629 B $2.85 139 550 689 B $2.85 122 366 488 B 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 $2.85 113 629 742 B $5.15 128 703 831 C $5.05 122 735 857 C $5.05 123 802 925 C $5.15 136 679 815 C 1500 - 1600 $5.05 98 432 530 B $2.80 149 638 787 B $5.15 113 663 776 B $5.15 170 651 821 C $2.80 124 582 706 B 1600 - 1700 $2.85 121 702 823 C $2.85 122 631 753 B $2.85 111 570 681 B $2.80 129 656 785 B $2.85 110 491 601 B 1700 - 1800 $2.85 126 594 720 B $2.85 105 478 583 B $2.85 118 512 630 B $2.85 108 524 632 B $2.85 136 536 672 B 1800 - 1900 $2.85 118 496 614 B $2.85 112 528 640 B $2.85 114 500 614 B $2.85 116 485 601 B $2.85 138 471 609 B 1900 - 2000 $2.85 144 478 622 B $2.85 126 506 632 B $2.85 156 530 686 B $2.85 158 532 690 B $2.85 157 400 557 B Monday 07/30/18 Tuesday 07/31/18 Wednesday 08/01/18 Wednesday 08/09/18 Thursday Thursday 08/02/18 Friday 08/03/18 Thursday 08/23/18 Friday 08/24/18 Monday 08/13/18 Tuesday 08/14/18 Wednesday 08/15/18 08/31/18Monday08/27/18 Tuesday 08/28/18 Wednesday 08/29/18 08/10/18 Friday 08/11/18Monday08/07/18 Tuesday 08/08/18 Monday 08/20/18 Tuesday 08/21/18 Thursday 08/16/18 Friday 08/17/18 Wednesday 08/22/18 Thursday 08/30/18 Friday 16 RCTC W ESTBOUND PEAK -HOUR V OLUMES Westbound AM Peak - McKinley to County Line 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 $6.55 400 1,071 1,471 E $6.55 401 1,072 1,473 E $3.95 338 745 1,083 C 0500 - 0600 $17.15 438 723 1,161 C $16.90 478 811 1,289 D $7.90 379 954 1,333 D 0600 - 0700 $15.15 295 997 1,292 D $15.15 307 1,121 1,428 E $7.15 331 1,142 1,473 E 0700 - 0800 $12.65 310 1,194 1,504 E $10.90 310 1,317 1,627 F $5.05 309 1,336 1,645 F 0800 - 0900 $7.15 290 1,313 1,603 F $7.90 281 1,281 1,562 E $5.15 238 878 1,116 C 0900 - 1000 $3.95 285 1,142 1,427 E $3.95 266 1,051 1,317 D $4.05 251 761 1,012 C 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 $6.55 368 998 1,366 D $6.55 343 990 1,333 D $6.55 376 1,099 1,475 E $6.55 400 1,047 1,447 E $3.95 331 716 1,047 C 0500 - 0600 $17.90 455 859 1,314 D $16.15 530 912 1,442 E $17.15 443 648 1,091 C $16.90 481 689 1,170 C $7.90 434 1,044 1,478 E 0600 - 0700 $16.55 296 1,009 1,305 D $16.15 268 860 1,128 C $15.15 336 1,028 1,364 D $15.15 282 920 1,202 D $7.15 340 1,220 1,560 E 0700 - 0800 $11.90 264 1,104 1,368 D $11.90 302 1,188 1,490 E $12.65 316 1,137 1,453 E $10.90 328 1,299 1,627 F $5.05 279 1,297 1,576 F 0800 - 0900 $7.15 272 1,296 1,568 F $7.15 237 1,319 1,556 E $7.15 287 1,352 1,639 F $7.90 268 1,339 1,607 F $5.15 231 932 1,163 C 0900 - 1000 $4.05 228 884 1,112 C $5.05 234 1,136 1,370 D $3.95 231 950 1,181 C $3.95 214 1,072 1,286 D $4.05 194 907 1,101 C 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 $6.55 327 888 1,215 D $6.55 390 1,033 1,423 E $6.55 386 1,122 1,508 E $6.55 403 1,095 1,498 E $3.95 340 729 1,069 C 0500 - 0600 $17.90 464 817 1,281 D $16.15 553 954 1,507 E $17.15 442 667 1,109 C $16.90 461 701 1,162 C $7.90 454 1,111 1,565 F 0600 - 0700 $16.55 294 933 1,227 D $16.15 300 933 1,233 D $15.15 321 1,026 1,347 D $15.15 328 993 1,321 D $7.15 320 1,187 1,507 E 0700 - 0800 $11.90 277 1,195 1,472 E $11.90 309 1,247 1,556 E $12.65 307 1,186 1,493 E $10.90 281 1,329 1,610 F $5.05 264 1,250 1,514 E 0800 - 0900 $7.15 202 1,193 1,395 D $7.15 201 1,266 1,467 E $7.15 222 1,257 1,479 E $7.90 234 1,409 1,643 F $5.15 214 1,046 1,260 D 0900 - 1000 $4.05 194 1,243 1,437 E $5.05 202 1,227 1,429 E $3.95 188 1,194 1,382 D $3.95 183 1,076 1,259 D $4.05 177 918 1,095 C 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 $6.55 355 1,008 1,363 D $6.55 381 1,069 1,450 E $6.55 406 1,076 1,482 E $6.55 374 1,086 1,460 E $3.95 361 705 1,066 C 0500 - 0600 $17.90 480 786 1,266 D $16.15 529 916 1,445 E $17.15 440 698 1,138 C $16.90 485 799 1,284 D $7.90 463 1,007 1,470 E 0600 - 0700 $16.55 277 991 1,268 D $16.15 278 851 1,129 C $15.15 364 988 1,352 D $15.15 322 996 1,318 D $7.15 347 1,172 1,519 E 0700 - 0800 $11.90 307 1,197 1,504 E $11.90 320 1,233 1,553 E $12.65 309 1,214 1,523 E $10.90 309 1,276 1,585 F $5.05 296 1,237 1,533 E 0800 - 0900 $7.15 228 1,351 1,579 F $7.15 220 1,355 1,575 F $7.15 232 1,335 1,567 F $7.90 223 1,401 1,624 F $5.15 214 980 1,194 C 0900 - 1000 $4.05 186 1,094 1,280 D $5.05 190 1,227 1,417 E $3.95 188 1,122 1,310 D $3.95 165 1,175 1,340 D $4.05 141 745 886 C 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 $6.55 405 1,060 1,465 E $6.55 377 1,025 1,402 E $6.55 404 1,104 1,508 E $7.45 415 1,152 1,567 F $4.05 319 735 1,054 C 0500 - 0600 $17.90 449 762 1,211 D $16.15 532 930 1,462 E $17.15 503 708 1,211 D $8.80 493 1,009 1,502 E $8.05 431 977 1,408 E 0600 - 0700 $16.55 315 802 1,117 C $16.15 313 794 1,107 C $15.15 371 1,005 1,376 D $9.40 351 776 1,127 C $7.45 380 1,201 1,581 F 0700 - 0800 $11.90 318 1,233 1,551 E $11.90 326 1,247 1,573 F $12.65 335 1,223 1,558 E $9.40 331 1,317 1,648 F $6.70 318 1,079 1,397 D 0800 - 0900 $7.15 200 1,301 1,501 E $7.15 218 1,380 1,598 F $7.15 182 1,129 1,311 D $8.00 227 1,355 1,582 F $4.05 182 1,070 1,252 D 0900 - 1000 $4.05 191 1,194 1,385 D $5.05 140 940 1,080 C $3.95 173 1,248 1,421 E $6.70 166 1,108 1,274 D $4.05 168 806 974 C 08/09/18 Friday 08/10/18Monday08/06/18 Tuesday 08/07/18 Wednesday 08/08/18 Thursday Wednesday 08/01/18 Thursday 08/02/18 Friday 08/03/18Monday07/30/18 Tuesday 07/31/18 Friday 08/17/18Monday08/13/18 Tuesday 08/14/18 Monday 08/27/18 Tuesday 08/28/18 Thursday 08/23/18 Friday 08/24/18Monday08/20/18 Tuesday 08/21/18 Wednesday 08/22/18 Wednesday 08/15/18 Thursday Wednesday 08/29/18 08/16/18 Thursday 08/30/18 Friday 08/31/18 17 Westbound AM Peak - I-15 North to County Line 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 $5.05 217 685 902 C $5.05 223 638 861 C $5.05 212 559 771 B 0500 - 0600 $14.40 323 993 1,316 D $12.40 318 1,010 1,328 D $6.50 260 801 1,061 C 0600 - 0700 $15.40 276 1,022 1,298 D $13.40 282 946 1,228 D $5.05 243 968 1,211 D 0700 - 0800 $11.40 213 1,139 1,352 D $10.40 182 1,014 1,196 C $5.15 161 753 914 C 0800 - 0900 $6.50 192 1,159 1,351 D $5.05 162 1,159 1,321 D $5.15 155 780 935 C 0900 - 1000 $5.15 166 815 981 C $5.15 159 673 832 C $2.85 125 571 696 B 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 $5.05 225 711 936 C $5.05 240 708 948 C $5.05 211 668 879 C $5.05 208 673 881 C $5.05 165 551 716 B 0500 - 0600 $16.40 300 893 1,193 C $14.40 316 853 1,169 C $14.40 324 1,032 1,356 D $12.40 309 1,078 1,387 D $6.50 226 820 1,046 C 0600 - 0700 $15.40 250 1,125 1,375 D $13.40 259 1,185 1,444 E $15.40 252 997 1,249 D $13.40 273 1,004 1,277 D $5.05 217 1,007 1,224 D 0700 - 0800 $11.40 183 1,046 1,229 D $9.40 200 1,082 1,282 D $11.40 213 1,075 1,288 D $10.40 211 1,102 1,313 D $5.15 163 793 956 C 0800 - 0900 $6.50 181 1,023 1,204 D $6.50 168 1,111 1,279 D $6.50 146 915 1,061 C $5.05 135 1,111 1,246 D $5.15 130 686 816 C 0900 - 1000 $5.05 135 672 807 C $5.15 161 773 934 C $5.15 135 709 844 C $5.15 147 627 774 B $2.85 127 563 690 B 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 $5.05 236 721 957 C $5.05 238 753 991 C $5.05 242 709 951 C $5.05 229 731 960 C $5.05 204 603 807 C 0500 - 0600 $16.40 312 964 1,276 D $14.40 336 968 1,304 D $14.40 342 1,047 1,389 D $12.40 329 1,061 1,390 D $6.50 264 855 1,119 C 0600 - 0700 $15.40 275 1,103 1,378 D $13.40 290 1,138 1,428 E $15.40 322 1,078 1,400 D $13.40 293 1,043 1,336 D $5.05 279 1,048 1,327 D 0700 - 0800 $11.40 186 1,122 1,308 D $9.40 213 1,116 1,329 D $11.40 197 1,115 1,312 D $10.40 220 1,186 1,406 E $5.15 171 834 1,005 C 0800 - 0900 $6.50 156 1,199 1,355 D $6.50 189 1,260 1,449 E $6.50 156 1,227 1,383 D $5.05 121 1,155 1,276 D $5.15 138 874 1,012 C 0900 - 1000 $5.05 160 975 1,135 C $5.15 167 1,164 1,331 D $5.15 146 827 973 C $5.15 139 696 835 C $2.85 122 679 801 C 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 $5.05 226 705 931 C $5.05 237 704 941 C $5.05 235 718 953 C $5.05 235 667 902 C $5.05 212 588 800 B 0500 - 0600 $16.40 306 938 1,244 D $14.40 343 1,007 1,350 D $14.40 346 1,055 1,401 E $12.40 359 1,124 1,483 E $6.50 281 846 1,127 C 0600 - 0700 $15.40 303 1,112 1,415 E $13.40 323 1,154 1,477 E $15.40 335 1,042 1,377 D $13.40 314 999 1,313 D $5.05 256 1,045 1,301 D 0700 - 0800 $11.40 192 1,098 1,290 D $9.40 202 1,160 1,362 D $11.40 201 1,167 1,368 D $10.40 218 1,120 1,338 D $5.15 176 867 1,043 C 0800 - 0900 $6.50 140 1,135 1,275 D $6.50 150 1,186 1,336 D $6.50 123 1,194 1,317 D $6.65 146 1,150 1,296 D $5.15 137 873 1,010 C 0900 - 1000 $5.05 98 887 985 C $5.15 104 873 977 C $5.15 126 835 961 C $5.15 126 812 938 C $2.85 87 619 706 B 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 $5.05 234 768 1,002 C $5.05 249 714 963 C $5.05 246 696 942 C $5.15 226 695 921 C $2.85 203 596 799 B 0500 - 0600 $16.40 308 950 1,258 D $14.40 351 1,014 1,365 D $14.40 316 1,063 1,379 D $8.55 320 984 1,304 D $5.15 259 860 1,119 C 0600 - 0700 $15.40 267 1,010 1,277 D $13.40 309 1,061 1,370 D $15.40 306 1,032 1,338 D $8.55 301 1,090 1,391 D $5.15 265 892 1,157 C 0700 - 0800 $11.40 221 1,186 1,407 E $9.40 223 1,179 1,402 E $11.40 217 1,149 1,366 D $8.55 226 1,163 1,389 D $5.15 165 830 995 C 0800 - 0900 $6.50 149 1,275 1,424 E $6.50 152 1,183 1,335 D $6.50 143 1,147 1,290 D $8.55 137 1,095 1,232 D $2.85 97 809 906 C 0900 - 1000 $5.05 127 845 972 C $5.15 123 951 1,074 C $5.15 140 955 1,095 C $5.15 109 842 951 C $2.85 96 556 652 B Monday 07/30/18 Tuesday 07/31/18 Wednesday 08/01/18 Wednesday 08/08/18 Thursday Thursday 08/02/18 Friday 08/03/18 Thursday 08/23/18 Friday 08/24/18 Monday 08/13/18 Tuesday 08/14/18 Wednesday 08/15/18 08/31/18Monday08/27/18 Tuesday 08/28/18 Wednesday 08/29/18 08/09/18 Friday 08/10/18Monday08/06/18 Tuesday 08/07/18 Monday 08/20/18 Tuesday 08/21/18 Thursday 08/16/18 Friday 08/17/18 Wednesday 08/22/18 Thursday 08/30/18 Friday 18 RCTC O P ERATIONAL HIGHLIGHTS On-road Operations RCTC Freeway Service Patrol (FSP) responded to 94 calls during the month of August. Of those calls, 68 were to assist disabled vehicles, 11 were to remove debris, 3 were for traffic breaks, and 12 were in response to accidents. 19 FINANCIAL HIGHLIGHTS RCTC 20 JOINT AGENCY TRIP AN D REVENUE STATISTICS JOINT AGENCY TRAFFIC STATISTICS MULTI AGENCY TRIP AND REVENUE STATISTICS MONTH ENDING August 31, 2018 Aug-18 MTD Transactions by Agency Transactions Using Both Segments % Using Both Segments Revenue Westbound OCTA 767,639 471,849 61%1,925,429$ RCTC 744,310 471,849 63%3,130,598$ I-15 323,307 213,068 66%1,415,760$ McKinley 421,003 258,781 61%1,714,838$ Eastbound OCTA 799,846 432,104 54%2,784,283$ RCTC 623,428 432,104 69%1,802,557$ I-15 223,748 171,482 77%495,630$ McKinley 399,680 260,622 65%1,306,926$ 61%54%63%69% - 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 OCTA RCTC OCTA RCTC Westbound Eastbound Joint Agency Traffic Statistics OCTA Transactions RCTC Transactions % of OCTA Transactions Using Both Segments % of RCTC Transactions Using Both Segments 21 JOINT AGENCY PER FORMANCE MEASURES JOINT AGENCY TRANSPONDER DISTRIBU TION Aug-18 Performance CUSTOMER SERVICE Call Wait Time Monthly Not to exceed 2 minutes 1:45 Abandon Rate Monthly No more than 4.0% 2.6% Customer Satisfaction Monthly At least 75 outbound calls 77 Convert Violators to Customers Quarterly 8% or more 29% Convert Violators to Customers Annually 10% or more 29% VIOLATION PROCESSING Response Time Monthly Within 2 business days of receipt 1.8 CUSA Violation Collection Rate Quarterly 70% or more 64% CUSA Violation Collection Rate Annually 74% or more 64% TRAFFIC OPERATIONS Initial & Secondary Reviews Monthly Equal to or less than 15 days 1.7 *Plate Misread Errors Monthly Equal to or less than 0.4% 0.01% CAS Response Time Monthly 0:20 (minutes) per call 0:07 ACCOUNTING Monthly No more than 3 1 Monthly No more than 3 1 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 Misread Error performance is current after a 60-day hold-back period; therefore, percentage reported here is for 2 months prior to the month of this report. OCTA Exceptions RCTC Exceptions REPORTING REQUIREMENT Reporting P eriod PERFORMANCE STANDARD Tags % of Total Tags % of Total Issued To New Accounts 2,039 47.2%1,609 43.5%1,824 45.4% Additional Tags to Existing Accounts 1,083 25.0%943 25.5%1,013 25.2% Replacement Transponders 1,202 27.8%1,151 31.1%1,177 29.3% Total Issued 4,324 3,703 4,014 Returned Account Closures 504 26.5%380 23.8%442 25.3% Accounts Downsizing 154 8.1%199 12.5%177 10.1% Defective Transponders 1,243 65.4%1,019 63.8%1,131 64.6% Total Returned 1,901 1,598 1,750 FY 2018-19TRANSPONDER DISTRIBUTION August-18 July-18 Average To-Date 22 At the end of August 2018, the 91 Express Lanes had 142,581 active customer accounts, and 217,057 transponders classified as Assigned. Number of Accounts by Fiscal Year As of August 31, 2018 Incoming Email Activity During August, the Anaheim Processing Center received 3,053 emails. 117,888 114,556 114,138 112,584 112,473 112,929 113,672 116,813 119,782 130,048 140,694 142,581 60,000 70,000 80,000 90,000 100,000 110,000 120,000 130,000 140,000 150,000 160,000 Fiscal Year ATTACHMENT C Orange County Transportation Authority Riverside County Transportation Commission Status Report September 2018 As of September 30, 2018 2 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 ...................................................................................... 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 .......................................................................................11 RCTC Peak-Hour Volumes .......................................................................................................13 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 Number of Accounts by Fiscal Year ..........................................................................................22 Incoming Email Activity .............................................................................................................22 3 OPERATIONS OVERVIEW OCTA TRAFFIC AND REVENUE STATIST ICS FOR OCTA Total traffic volume on the OCTA 91 Express Lanes for September 2018 was 1,417,450. This represents a daily average of 47,248. This is a 7.5% increase in total traffic volume from the same period last year when traffic levels totaled 1,318,482. Potential toll revenue for the month was $4,169,154 which represents an increase of 5.1% from the prior year’s total of $3,966,589. Carpool percentage for the month was 25.97% as compared to the previous year’s rate of 24.26%. Month-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 month of September 2018. Current Month-to-Date (MTD) as of September 30, 2018 Trips Sep-18 MTD Actual Stantec MTD Projected # Variance % Variance Sep-17 MTD Actual Yr-to-Yr % Variance Full Toll Lanes 1,049,290 1,092,947 (43,657)(4.0%)998,592 5.1% 3+ Lanes 368,160 296,665 71,495 24.1%319,890 15.1% Total Gross Trips 1,417,450 1,389,612 27,838 2.0%1,318,482 7.5% Revenue Full Toll Lanes $4,104,552 4,365,221 ($260,669)(6.0%)$3,900,734 5.2% 3+ Lanes $64,603 83,276 ($18,673)(22.4%)$65,855 (1.9%) Total Gross Revenue $4,169,154 4,448,496 ($279,342)(6.3%)$3,966,589 5.1% Average Revenue per Trip Average Full Toll Lanes $3.91 $3.99 ($0.08)(2.1%)$3.91 0.1% Average 3+ Lanes $0.18 $0.28 ($0.10)(35.9%)$0.21 (12.6%) Average Gross Revenue $2.94 $3.20 ($0.26)(8.2%)$3.01 (2.3%) 4 The 2019 fiscal year-to-date (YTD) traffic volume is 7.7% higher when compared with the same period last year. The 2019 fiscal year-to-date revenue is 7% higher than for the same period last year. Year-to-date average revenue per-trip is $2.95. 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 month s of July 2018 through September 2018. FY 201 8 -1 9 Year to Date as of September 3 0 , 201 8 Trips FY 2018-19 YTD Actual Stantec YTD Projected # Variance % Variance FY 2017-18 YTD Actual Yr-to-Yr % Variance Full Toll Lanes $3,280,307 3,312,475 (32,168)(1.0%)3,100,900 5.8% 3+ Lanes $1,187,420 1,043,523 143,897 13.8%1,047,712 13.3% Total Gross Trips $4,467,727 4,355,998 111,729 2.6%4,148,612 7.7% Revenue Full Toll Lanes $12,944,382 $13,185,568 ($241,186)(1.8%)$12,087,254 7.1% 3+ Lanes $228,306 $251,468 ($23,163)(9.2%)$221,621 3.0% Total Gross Revenue $13,172,688 $13,437,036 ($264,348)(2.0%)$12,308,875 7.0% Average Revenue per Trip Average Full Toll Lanes $3.95 $3.98 ($0.03)(0.9%)$3.90 1.2% Average 3+ Lanes $0.19 $0.24 ($0.05)(20.2%)$0.21 0.0% Average Gross Revenue $2.95 $3.08 ($0.14)(4.4%)$2.97 1.3% 5 O CTA Traffic and Revenue Summary The chart below reflects the total trips breakdown between Full Toll trips and HOV3+ trips for FY 2018-19 on a monthly basis. The chart below reflects the gross potential revenue breakdown between Full Toll trips and HOV3+ trips for FY 2018-19 on a monthly basis. 1,069,688 1,161,329 1,049,290 413,104 406,156 368,160 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 1,800,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Volume Month FY 2018-19 Traffic Volume Overview Full Toll Lanes 3+ Lanes $4,214,894 $4,624,936 $4,104,552 $78,927 $84,776 $64,603 $2,500,000 $3,000,000 $3,500,000 $4,000,000 $4,500,000 $5,000,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Revenue Month FY 2018-19 Revenue Summary Full Toll Lanes 3+ Lanes 6 Peak traffic hour in the eastbound direction reached or exceeded 90% or more of defined capacity 24 times during the month of September 2018. As demonstrated on the next chart, westbound peak hour traffic volumes top out at 77% of defined capacity. OCTA EASTBOUND PEAK -HOUR VOLUMES PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $4.35 372 941 28%$5.05 419 2,811 83%$5.05 458 2,989 88%$5.20 458 3,158 93%$5.35 533 3,339 98% 1500 - 1600 $4.35 414 945 28%$5.65 650 2,749 81%$6.25 598 3,143 92%$6.00 604 3,051 90%$10.15 656 2,611 77% 1600 - 1700 $4.35 404 933 27%$5.50 446 2,944 87%$6.75 500 2,790 82%$9.30 539 3,002 88%$9.95 483 2,773 82% 1700 - 1800 $4.35 405 879 26%$5.90 466 2,559 75%$7.40 436 2,486 73%$9.70 421 2,432 72%$6.90 551 2,811 83% 1800 - 1900 $4.35 469 919 27%$3.85 634 2,970 87%$3.85 657 3,130 92%$4.75 566 2,793 82%$6.40 662 2,794 82% 1900 - 2000 $4.35 501 1,012 30%$3.75 542 2,201 65%$3.75 555 2,415 71%$5.50 542 2,308 68%$5.95 486 1,792 53% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 384 2,472 73%$5.05 402 2,753 81%$5.05 445 2,905 85%$5.20 441 3,175 93%$5.35 537 3,322 98% 1500 - 1600 $5.40 603 3,034 89%$5.65 631 2,806 83%$6.25 646 3,098 91%$6.00 670 3,109 91%$10.15 706 2,775 82% 1600 - 1700 $5.25 453 2,885 85%$5.50 475 3,231 95%$6.75 489 2,652 78%$9.30 544 2,830 83%$9.95 458 2,867 84% 1700 - 1800 $5.20 510 3,018 89%$5.90 475 2,669 79%$7.40 475 2,633 77%$9.70 410 2,446 72%$6.90 563 3,091 91% 1800 - 1900 $5.40 622 2,798 82%$3.85 627 2,980 88%$3.85 584 2,987 88%$4.75 591 2,855 84%$6.40 630 2,995 88% 1900 - 2000 $3.75 411 1,735 51%$3.75 470 2,029 60%$3.75 620 2,633 77%$5.50 650 2,656 78%$5.95 640 2,435 72% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 411 2,585 76%$5.05 391 2,789 82%$5.05 425 2,962 87%$5.20 439 3,169 93%$5.35 526 3,310 97% 1500 - 1600 $5.40 643 3,097 91%$5.65 508 2,318 68%$6.25 640 3,330 98%$6.00 588 3,007 88%$10.15 649 2,642 78% 1600 - 1700 $5.25 449 2,879 85%$5.50 528 3,335 98%$6.75 528 3,041 89%$9.30 510 2,854 84%$9.95 204 1,136 33% 1700 - 1800 $5.20 518 2,872 84%$5.90 449 2,734 80%$7.40 471 2,645 78%$9.70 441 2,508 74%$6.90 57 276 8% 1800 - 1900 $5.40 624 2,825 83%$3.85 562 2,908 86%$3.85 626 2,930 86%$4.75 725 3,141 92%$6.40 435 1,760 52% 1900 - 2000 $3.75 451 1,896 56%$3.75 636 2,745 81%$3.75 589 2,474 73%$5.50 671 2,682 79%$5.95 658 2,435 72% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 389 2,572 76%$5.05 395 2,735 80%$5.05 455 2,991 88%$5.20 445 3,287 97%$5.35 485 2,912 86% 1500 - 1600 $5.40 573 3,075 90%$5.65 626 2,835 83%$6.25 613 3,265 96%$6.00 654 3,234 95%$10.15 682 2,626 77% 1600 - 1700 $5.25 514 3,005 88%$5.50 518 3,496 103%$6.75 493 3,079 91%$9.30 513 3,023 89%$9.95 522 2,727 80% 1700 - 1800 $5.20 505 3,014 89%$5.90 442 2,663 78%$7.40 440 2,639 78%$9.70 475 2,567 76%$6.90 553 2,875 85% 1800 - 1900 $5.40 648 2,709 80%$3.85 620 3,106 91%$3.85 529 2,686 79%$4.75 561 2,896 85%$6.40 748 2,923 86% 1900 - 2000 $3.75 462 1,918 56%$3.75 630 2,558 75%$3.75 699 2,810 83%$5.50 640 2,502 74%$5.95 700 2,341 69% Thursday 09/27/18 Friday 09/28/18 Thursday 09/20/18 Friday 09/21/18 Monday 09/24/18 Tuesday 09/25/18 Wednesday 09/26/18 Thursday 09/13/18 Friday 09/14/18 Monday 09/17/18 Tuesday 09/18/18 Wednesday 09/19/18 Thursday 09/06/18 Friday 09/07/18 Monday 09/10/18 Tuesday 09/11/18 Wednesday 09/12/18 Monday 09/03/18 Tuesday 09/04/18 Wednesday 09/05/18 7 OCTA W ESTBOUND PEAK -HOUR V OLUMES AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $1.65 63 133 4%$3.00 734 2,386 70%$3.00 734 2,318 68%$3.00 755 2,400 71%$3.00 648 1,904 56% 0500 - 0600 $1.65 59 159 5%$4.85 853 2,462 72%$4.85 764 2,312 68%$4.85 799 2,327 68%$4.60 737 2,290 67% 0600 - 0700 $2.45 88 198 6%$5.05 557 2,051 60%$5.05 630 2,059 61%$5.05 597 2,037 60%$4.85 615 2,059 61% 0700 - 0800 $2.45 137 325 10%$5.55 466 1,997 59%$5.55 501 2,107 62%$5.55 459 1,936 57%$5.40 429 1,902 56% 0800 - 0900 $2.45 203 539 16%$5.05 331 2,157 63%$5.05 296 2,119 62%$5.05 311 2,182 64%$4.85 336 1,903 56% 0900 - 1000 $3.65 357 852 25%$4.00 323 2,207 65%$4.00 273 2,080 61%$4.00 276 2,138 63%$4.00 288 1,803 53% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 751 2,388 70%$3.00 725 2,338 69%$3.00 761 2,374 70%$3.00 767 2,330 69%$3.00 666 1,992 59% 0500 - 0600 $4.85 791 2,420 71%$4.85 846 2,433 72%$4.85 808 2,316 68%$4.85 806 2,335 69%$4.60 720 2,286 67% 0600 - 0700 $5.05 609 2,058 61%$5.05 578 2,010 59%$5.05 627 2,012 59%$5.05 644 2,088 61%$4.85 566 2,020 59% 0700 - 0800 $5.55 469 2,075 61%$5.55 487 2,037 60%$5.55 454 2,091 62%$5.55 480 2,078 61%$5.40 460 1,875 55% 0800 - 0900 $5.05 304 2,011 59%$5.05 337 2,172 64%$5.05 316 2,132 63%$5.05 346 2,129 63%$4.85 323 1,826 54% 0900 - 1000 $4.00 265 1,919 56%$4.00 294 2,051 60%$4.00 282 1,968 58%$4.00 301 2,093 62%$4.00 323 1,902 56% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 774 2,603 77%$3.00 729 2,261 67%$3.00 779 2,362 69%$3.00 758 2,347 69%$3.00 667 1,914 56% 0500 - 0600 $4.85 832 2,381 70%$4.85 848 2,468 73%$4.85 794 2,330 69%$4.85 798 2,402 71%$4.60 744 2,298 68% 0600 - 0700 $5.05 578 2,074 61%$5.05 593 1,987 58%$5.05 650 2,125 63%$5.05 614 1,942 57%$4.85 609 2,127 63% 0700 - 0800 $5.55 473 2,076 61%$5.55 443 2,016 59%$5.55 458 2,168 64%$5.55 500 2,123 62%$5.40 445 1,952 57% 0800 - 0900 $5.05 317 2,090 61%$5.05 306 2,171 64%$5.05 319 2,051 60%$5.05 352 2,170 64%$4.85 288 1,799 53% 0900 - 1000 $4.00 272 1,963 58%$4.00 272 2,085 61%$4.00 261 2,166 64%$4.00 287 2,090 61%$4.00 280 1,710 50% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 748 2,404 71%$3.00 763 2,308 68%$3.00 771 2,321 68%$3.00 770 2,363 70%$3.00 662 1,908 56% 0500 - 0600 $4.85 801 2,397 71%$4.85 827 2,404 71%$4.85 778 2,352 69%$4.85 782 2,337 69%$4.60 745 2,331 69% 0600 - 0700 $5.05 605 2,133 63%$5.05 588 1,997 59%$5.05 636 2,109 62%$5.05 620 2,038 60%$4.85 618 2,140 63% 0700 - 0800 $5.55 475 2,146 63%$5.55 494 2,132 63%$5.55 468 2,090 61%$5.55 488 2,164 64%$5.40 470 1,833 54% 0800 - 0900 $5.05 284 2,053 60%$5.05 306 2,197 65%$5.05 312 2,104 62%$5.05 334 2,121 62%$4.85 383 1,827 54% 0900 - 1000 $4.00 308 2,116 62%$4.00 281 2,078 61%$4.00 290 2,092 62%$4.00 290 2,023 60%$4.00 385 1,731 51% Monday 09/03/18 Tuesday 09/04/18 Wednesday 09/05/18 Thursday 09/06/18 Friday 09/07/18 Monday 09/10/18 Tuesday 09/11/18 Wednesday 09/12/18 Thursday 09/13/18 Friday 09/14/18 Monday 09/17/18 Tuesday 09/18/18 Wednesday 09/19/18 Monday 09/24/18 Tuesday 09/25/18 Wednesday 09/26/18 Thursday 09/27/18 Friday 09/28/18 Thursday 09/20/18 Friday 09/21/18 8 OCTA OPERATIONAL HIGHLIGHTS On-road Operations OCTA Customer Assistance Specialists (CAS) responded to 134 calls during the month of September. Of those calls, 112 were to assist disabled vehicles and 5 calls to remove debris. The CAS provided assistance to 9 accidents in the Express Lanes and 8 accidents originating from the SR91 general-purpose lanes. 9 FINANCIAL HIGHLIGHTS OCTA Capital Asset Activity During the three months ending September 30, 2018, capital asset activities included $239;576 for the Electronic Toll and Traffic Management system replacement project. 10 OPERATIONS OVERVIEW RCTC TRAFFIC AND REVENUE STATISTICS FOR RCTC Total traffic volume on the RCTC 91 Express Lanes for September 2018 was 1,237,747. This represents a daily average of 41,258. This is a 3.3% increase in total traffic volume from the same period last year when traffic levels totaled 1,197,965. Potential toll revenue for the month was $4,307,975 which represents an increase of 22.2% from the prior year’s total of $3,525,214. Carpool percentage for the month was 23.83% as compared to the previous year’s rate of 20.50%. Month-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 month of September 2018. Current Month-to-Date (MTD) as of September 30, 2018 Trips SEP-18 MTD Actual Stantec MTD Projected # Variance % Variance SEP-17 MTD Actual Yr-to-Yr % Variance Full Toll Lanes 942,845 609,785 333,060 54.6% 952,389 (1.0%) 3+ Lanes 294,902 203,743 91,159 44.7% 245,576 20.1% Total Gross Trips 1,237,747 813,528 424,219 52.1% 1,197,965 3.3% Revenue Full Toll Lanes $4,278,176 $1,807,657 $2,470,519 136.7% $3,498,789 22.3% 3+ Lanes $29,799 $0 $29,799 $26,425 12.8% Total Gross Revenue $4,307,975 $1,807,657 $2,500,318 138.3% $3,525,214 22.2% Average Revenue per Trip Average Full Toll Lanes $4.54 $2.96 $1.58 53.4% $3.67 23.7% Average 3+ Lanes $0.10 $0.00 $0.10 $0.11 (9.1%) Average Gross Revenue $3.48 $2.22 $1.26 56.8% $2.94 18.4% 11 The 2019 fiscal year-to-date (YTD) traffic volume is 6.3% higher when compared with the same period last year. The 2019 fiscal year-to-date revenue is 27.5% higher than for the same period last year. The traffic and revenue increases are attributed to higher demand and increase toll rates to manage the demand. Year-to-date average revenue per-trip is $3.53. 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 t he RCTC 91 Express Lanes and associated potential revenue for the month s of July 2018 through September 2018. FY 2018-19 Year to Date as of September 30, 2018 Trips FY 2018-19 YTD Actual Stantec YTD Projected # Variance % Variance FY 2017-18 YTD Actual Yr-to-Yr % Variance Full Toll Lanes 2,944,870 1,834,285 1,110,585 60.5% 2,874,804 2.4% 3+ Lanes 944,106 643,729 300,377 46.7% 784,485 20.3% Total Gross Trips 3,888,976 2,478,014 1,410,962 56.9% 3,659,289 6.3% Revenue Full Toll Lanes $13,622,632 $5,532,857 $8,089,775 146.2% $10,676,433 27.6% 3+ Lanes $107,755 $0 $107,755 $94,779 13.7% Total Gross Revenue $13,730,387 $5,532,857 $8,197,530 148.2% $10,771,212 27.5% Average Revenue per Trip Average Full Toll Lanes $4.63 $3.02 $1.61 53.3% $3.71 24.8% Average 3+ Lanes $0.11 $0.00 $0.11 $0.12 (8.3%) Average Gross Revenue $3.53 $2.23 $1.30 58.3% $2.94 20.1% 12 RCTC Traffic and Revenue Summary The chart below reflects the total trips broken down between Full Toll lanes and HOV3+ lanes for FY 2018-19 on a monthly basis. The chart below reflects the gross potential revenue breakdown between Full Toll lanes and HOV3+ lanes for FY 2018-19 on a monthly basis. 958,212 1,043,813 942,845 325,279 323,925 294,902 0 175,000 350,000 525,000 700,000 875,000 1,050,000 1,225,000 1,400,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Volume Month FY 2018-19 Traffic Volume Overview Full Toll Lanes 3+ Lanes $4,450,594 $4,893,862 $4,278,176 $38,664 $39,292 $29,799 $2,000,000 $2,400,000 $2,800,000 $3,200,000 $3,600,000 $4,000,000 $4,400,000 $4,800,000 $5,200,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Revenue Month FY 2018-19 Revenue Summary Full Toll Lanes 3+ Lanes 13 RCTC PEAK -HOUR VOLUMES RCTC regularly evaluates traffic volumes for peak period hours where Express Lanes performance is degraded and either increases or decreases tolls. There were no toll rate adjustments needed in September to improve the level of service in the peak hours where demand exceeded capacity. Hours that are highlighted in yellow were flagged for continued evaluation. 14 RCTC E ASTBOUND PEAK -HOUR V OLUMES Eastbound PM Peak - County Line to McKinley 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 $1.50 181 334 515 B $5.15 245 1,041 1,286 D $5.15 248 1,087 1,335 D $7.55 240 1,166 1,406 E $16.40 307 1,142 1,449 E 1500 - 1600 $2.20 186 274 460 B $5.15 304 912 1,216 D $6.55 305 965 1,270 D $9.60 310 902 1,212 D $16.40 375 899 1,274 D 1600 - 1700 $2.20 175 247 422 B $4.05 201 924 1,125 C $3.95 208 926 1,134 C $8.55 217 957 1,174 C $11.40 249 994 1,243 D 1700 - 1800 $1.50 175 220 395 A $4.05 207 771 978 C $3.95 211 776 987 C $3.95 187 740 927 C $7.40 271 912 1,183 C 1800 - 1900 $1.50 204 271 475 B $4.05 307 895 1,202 D $3.95 310 905 1,215 D $3.95 267 919 1,186 C $5.05 314 938 1,252 D 1900 - 2000 $2.20 187 252 439 B $4.05 231 611 842 C $3.95 244 748 992 C $4.05 247 650 897 C $3.95 244 712 956 C 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 $4.05 220 1,027 1,247 D $5.15 217 979 1,196 C $5.15 232 1,091 1,323 D $7.55 250 1,175 1,425 E $16.40 315 1,135 1,450 E 1500 - 1600 $5.05 276 925 1,201 D $5.15 308 948 1,256 D $6.55 340 918 1,258 D $9.60 349 993 1,342 D $16.40 361 1,004 1,365 D 1600 - 1700 $4.05 218 894 1,112 C $4.05 220 1,014 1,234 D $3.95 253 949 1,202 D $8.55 236 892 1,128 C $11.40 206 806 1,012 C 1700 - 1800 $4.05 210 836 1,046 C $4.05 187 879 1,066 C $3.95 207 831 1,038 C $3.95 179 824 1,003 C $7.40 263 1,074 1,337 D 1800 - 1900 $4.05 259 848 1,107 C $4.05 289 896 1,185 C $3.95 266 973 1,239 D $3.95 281 980 1,261 D $5.05 310 1,014 1,324 D 1900 - 2000 $2.20 173 553 726 B $4.05 212 564 776 B $3.95 266 826 1,092 C $4.05 257 779 1,036 C $3.95 312 876 1,188 C 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 $4.05 218 1,019 1,237 D $5.15 221 1,049 1,270 D $5.15 248 1,160 1,408 E $7.55 234 1,184 1,418 E $16.40 315 1,108 1,423 E 1500 - 1600 $5.05 328 899 1,227 D $5.15 210 525 735 B $6.55 358 1,007 1,365 D $9.60 331 973 1,304 D $16.40 339 1,004 1,343 D 1600 - 1700 $4.05 204 963 1,167 C $4.05 247 1,061 1,308 D $3.95 220 989 1,209 D $8.55 218 988 1,206 D $11.40 177 685 862 C 1700 - 1800 $4.05 215 866 1,081 C $4.05 193 897 1,090 C $3.95 215 821 1,036 C $3.95 216 866 1,082 C $7.40 207 771 978 C 1800 - 1900 $4.05 275 805 1,080 C $4.05 281 853 1,134 C $3.95 300 900 1,200 C $3.95 327 1,001 1,328 D $5.05 347 1,044 1,391 D 1900 - 2000 $2.20 190 654 844 C $4.05 261 806 1,067 C $3.95 254 742 996 C $4.05 267 815 1,082 C $3.95 331 962 1,293 D 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 $4.05 206 1,030 1,236 D $5.15 208 955 1,163 C $5.15 230 1,141 1,371 D $7.55 251 1,196 1,447 E $16.40 288 1,040 1,328 D 1500 - 1600 $5.05 304 914 1,218 D $5.15 318 801 1,119 C $6.55 305 893 1,198 C $9.60 310 932 1,242 D $16.40 383 967 1,350 D 1600 - 1700 $4.05 216 931 1,147 C $4.05 225 1,117 1,342 D $3.95 208 899 1,107 C $8.55 234 1,010 1,244 D $11.40 262 935 1,197 C 1700 - 1800 $4.05 211 883 1,094 C $4.05 208 855 1,063 C $3.95 187 912 1,099 C $3.95 212 832 1,044 C $7.40 242 979 1,221 D 1800 - 1900 $4.05 279 762 1,041 C $4.05 287 931 1,218 D $3.95 263 853 1,116 C $3.95 276 911 1,187 C $5.05 368 984 1,352 D 1900 - 2000 $2.20 187 625 812 C $4.05 260 764 1,024 C $3.95 300 833 1,133 C $4.05 257 745 1,002 C $3.95 300 794 1,094 C 09/20/18 Friday 09/21/18Monday09/17/18 Tuesday 09/18/18 Thursday 09/27/18 Friday 09/28/18Monday09/24/18 Tuesday 09/25/18 Wednesday 09/26/18 Wednesday 09/19/18 Thursday Wednesday 09/05/18 Thursday 09/06/18 Friday 09/07/18Monday09/03/18 Tuesday 09/04/18 09/13/18 Friday 09/14/18Monday09/10/18 Tuesday 09/11/18 Wednesday 09/12/18 Thursday 15 Eastbound PM Peak - County Line to I-15 South 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 $1.90 96 152 248 A $5.15 106 654 760 B $5.05 117 730 847 C $5.05 120 789 909 C $5.15 120 764 884 C 1500 - 1600 $1.90 108 160 268 A $2.80 157 608 765 B $5.15 135 659 794 B $5.15 142 659 801 C $2.80 137 549 686 B 1600 - 1700 $1.90 110 151 261 A $2.85 122 586 708 B $2.85 124 602 726 B $2.80 138 630 768 B $2.85 124 510 634 B 1700 - 1800 $1.90 82 139 221 A $2.85 122 540 662 B $2.85 119 515 634 B $2.85 110 481 591 B $2.85 123 561 684 B 1800 - 1900 $1.90 124 110 234 A $2.85 134 532 666 B $2.85 130 580 710 B $2.85 116 524 640 B $2.85 143 479 622 B 1900 - 2000 $1.90 143 124 267 A $2.85 118 460 578 B $2.85 128 466 594 B $2.85 128 461 589 B $2.85 122 360 482 B 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 $2.85 103 622 725 B $5.15 94 668 762 B $5.05 118 675 793 B $5.05 119 761 880 C $5.15 126 786 912 C 1500 - 1600 $5.05 149 590 739 B $2.80 155 645 800 B $5.15 154 616 770 B $5.15 166 630 796 B $2.80 172 567 739 B 1600 - 1700 $2.85 109 589 698 B $2.85 120 654 774 B $2.85 109 550 659 B $2.80 138 611 749 B $2.85 94 483 577 B 1700 - 1800 $2.85 116 607 723 B $2.85 102 515 617 B $2.85 109 567 676 B $2.85 105 493 598 B $2.85 130 568 698 B 1800 - 1900 $2.85 127 511 638 B $2.85 128 501 629 B $2.85 107 538 645 B $2.85 112 560 672 B $2.85 146 527 673 B 1900 - 2000 $2.85 98 399 497 B $2.85 107 463 570 B $2.85 150 562 712 B $2.85 176 570 746 B $2.85 165 507 672 B 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 $2.85 106 637 743 B $5.15 100 703 803 C $5.05 112 720 832 C $5.05 131 764 895 C $5.15 136 704 840 C 1500 - 1600 $5.05 149 643 792 B $2.80 101 356 457 B $5.15 144 699 843 C $5.15 162 622 784 B $2.80 176 562 738 B 1600 - 1700 $2.85 104 589 693 B $2.85 111 625 736 B $2.85 119 629 748 B $2.80 115 593 708 B $2.85 63 357 420 B 1700 - 1800 $2.85 101 527 628 B $2.85 124 583 707 B $2.85 106 519 625 B $2.85 127 575 702 B $2.85 85 397 482 B 1800 - 1900 $2.85 145 512 657 B $2.85 111 535 646 B $2.85 124 554 678 B $2.85 162 575 737 B $2.85 174 597 771 B 1900 - 2000 $2.85 117 413 530 B $2.85 163 615 778 B $2.85 145 499 644 B $2.85 178 567 745 B $2.85 173 514 687 B 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 $2.85 93 618 711 B $5.15 102 605 707 B $5.05 126 695 821 C $5.05 104 783 887 C $5.15 145 665 810 C 1500 - 1600 $5.05 143 586 729 B $2.80 136 521 657 B $5.15 120 627 747 B $5.15 165 628 793 B $2.80 131 595 726 B 1600 - 1700 $2.85 117 656 773 B $2.85 134 676 810 C $2.85 103 501 604 B $2.80 110 633 743 B $2.85 125 585 710 B 1700 - 1800 $2.85 111 548 659 B $2.85 115 587 702 B $2.85 115 512 627 B $2.85 132 534 666 B $2.85 132 565 697 B 1800 - 1900 $2.85 154 516 670 B $2.85 117 567 684 B $2.85 137 571 708 B $2.85 114 576 690 B $2.85 172 560 732 B 1900 - 2000 $2.85 113 420 533 B $2.85 142 553 695 B $2.85 204 594 798 B $2.85 167 486 653 B $2.85 191 450 641 B 09/20/18 Friday 09/21/18 Wednesday 09/26/18 Friday 09/07/18 Thursday 09/27/18 Friday 09/28/18 Monday 09/17/18 Tuesday 09/18/18 Wednesday 09/19/18 09/13/18 Friday 09/14/18Monday09/10/18 Tuesday 09/11/18 Monday 09/24/18 Tuesday 09/25/18 Thursday Monday 09/03/18 Tuesday 09/04/18 Wednesday 09/05/18 Wednesday 09/12/18 Thursday Thursday 09/06/18 16 RCTC W ESTBOUND PEAK -HOUR V OLUMES Westbound AM Peak - McKinley to County Line 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 $1.50 17 30 47 A $6.55 374 1,076 1,450 E $6.55 381 1,076 1,457 E $6.55 385 1,121 1,506 E $3.95 352 752 1,104 C 0500 - 0600 $1.50 33 58 91 A $16.15 551 870 1,421 E $17.15 467 683 1,150 C $16.90 495 709 1,204 D $7.90 475 953 1,428 E 0600 - 0700 $1.50 50 68 118 A $16.15 296 845 1,141 C $15.15 369 1,165 1,534 E $15.15 349 947 1,296 D $7.15 388 1,170 1,558 E 0700 - 0800 $1.50 72 133 205 A $11.90 303 1,170 1,473 E $12.65 356 1,173 1,529 E $10.90 324 1,088 1,412 E $5.05 317 1,217 1,534 E 0800 - 0900 $1.50 104 205 309 A $7.15 229 1,376 1,605 F $7.15 208 1,370 1,578 F $7.90 218 1,396 1,614 F $5.15 228 972 1,200 C 0900 - 1000 $2.20 188 284 472 B $5.05 188 1,313 1,501 E $3.95 171 1,171 1,342 D $3.95 165 1,190 1,355 D $4.05 173 890 1,063 C 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 $6.55 366 1,036 1,402 E $6.55 365 1,062 1,427 E $6.55 430 1,151 1,581 F $6.55 396 1,040 1,436 E $3.95 336 742 1,078 C 0500 - 0600 $17.90 436 805 1,241 D $16.15 566 1,038 1,604 F $17.15 486 629 1,115 C $16.90 479 687 1,166 C $7.90 459 993 1,452 E 0600 - 0700 $16.55 367 916 1,283 D $16.15 317 848 1,165 C $15.15 371 973 1,344 D $15.15 368 1,009 1,377 D $7.15 372 1,130 1,502 E 0700 - 0800 $11.90 331 1,229 1,560 E $11.90 349 1,181 1,530 E $12.65 337 1,233 1,570 F $10.90 336 1,213 1,549 E $5.05 332 1,348 1,680 F 0800 - 0900 $7.15 201 1,357 1,558 E $7.15 234 1,410 1,644 F $7.15 217 1,444 1,661 F $7.90 245 1,355 1,600 F $5.15 226 1,119 1,345 D 0900 - 1000 $4.05 148 990 1,138 C $5.05 168 1,153 1,321 D $3.95 173 1,090 1,263 D $3.95 180 1,201 1,381 D $4.05 175 914 1,089 C 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 $6.55 413 1,044 1,457 E $6.55 386 1,101 1,487 E $6.55 426 1,098 1,524 E $6.55 415 1,056 1,471 E $3.95 373 740 1,113 C 0500 - 0600 $17.90 489 801 1,290 D $16.15 550 874 1,424 E $17.15 476 664 1,140 C $16.90 473 707 1,180 C $7.90 457 1,041 1,498 E 0600 - 0700 $16.55 334 917 1,251 D $16.15 300 803 1,103 C $15.15 395 1,000 1,395 D $15.15 369 916 1,285 D $7.15 406 1,191 1,597 F 0700 - 0800 $11.90 303 1,196 1,499 E $11.90 337 1,213 1,550 E $12.65 345 1,244 1,589 F $10.90 342 1,218 1,560 E $5.05 313 1,341 1,654 F 0800 - 0900 $7.15 198 1,374 1,572 F $7.15 189 1,417 1,606 F $7.15 228 1,387 1,615 F $7.90 230 1,410 1,640 F $5.15 204 1,030 1,234 D 0900 - 1000 $4.05 168 1,032 1,200 C $5.05 159 1,217 1,376 D $3.95 170 1,195 1,365 D $3.95 183 1,223 1,406 E $4.05 147 812 959 C 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 $6.55 382 1,006 1,388 D $6.55 408 1,022 1,430 E $6.55 425 1,074 1,499 E $6.55 427 1,091 1,518 E $3.95 354 729 1,083 C 0500 - 0600 $17.90 476 764 1,240 D $16.15 534 881 1,415 E $17.15 441 671 1,112 C $16.90 467 725 1,192 C $7.90 469 1,039 1,508 E 0600 - 0700 $16.55 375 942 1,317 D $16.15 295 804 1,099 C $15.15 366 969 1,335 D $15.15 358 915 1,273 D $7.15 391 1,147 1,538 E 0700 - 0800 $11.90 300 1,269 1,569 F $11.90 352 1,181 1,533 E $12.65 352 1,246 1,598 F $10.90 363 1,301 1,664 F $5.05 313 1,261 1,574 F 0800 - 0900 $7.15 177 1,256 1,433 E $7.15 216 1,449 1,665 F $7.15 216 1,436 1,652 F $7.90 231 1,352 1,583 F $5.15 204 974 1,178 C 0900 - 1000 $4.05 161 1,181 1,342 D $5.05 165 1,203 1,368 D $3.95 159 1,123 1,282 D $3.95 179 1,105 1,284 D $4.05 157 809 966 C 09/20/18 Friday 09/21/18Monday09/17/18 Tuesday 09/18/18 Thursday 09/27/18 Friday 09/28/18Monday09/24/18 Tuesday 09/25/18 Wednesday 09/26/18 Wednesday 09/19/18 Thursday Wednesday 09/05/18 Thursday 09/06/18 Friday 09/07/18Monday09/03/18 Tuesday 09/04/18 09/13/18 Friday 09/14/18Monday09/10/18 Tuesday 09/11/18 Wednesday 09/12/18 Thursday 17 Westbound AM Peak - I-15 North to County Line 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 $1.90 27 43 70 A $5.05 252 756 1,008 C $5.05 262 761 1,023 C $5.05 257 705 962 C $5.05 198 619 817 C 0500 - 0600 $1.90 20 46 66 A $14.40 318 987 1,305 D $14.40 304 1,063 1,367 D $12.40 329 1,055 1,384 D $6.50 273 884 1,157 C 0600 - 0700 $1.90 26 57 83 A $13.40 316 1,106 1,422 E $15.40 342 1,019 1,361 D $13.40 317 1,009 1,326 D $5.05 283 1,034 1,317 D 0700 - 0800 $1.90 35 75 110 A $9.40 227 1,193 1,420 E $11.40 239 1,208 1,447 E $10.40 214 1,062 1,276 D $5.15 183 905 1,088 C 0800 - 0900 $1.90 62 143 205 A $6.50 173 1,257 1,430 E $6.50 140 1,242 1,382 D $6.65 156 1,255 1,411 E $5.15 119 877 996 C 0900 - 1000 $1.90 101 207 308 A $5.15 122 889 1,011 C $5.15 106 841 947 C $5.15 105 939 1,044 C $2.85 76 649 725 B 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 $5.05 256 743 999 C $5.05 238 740 978 C $5.05 228 716 944 C $5.05 232 675 907 C $5.05 186 594 780 B 0500 - 0600 $16.40 343 943 1,286 D $14.40 352 966 1,318 D $14.40 353 1,074 1,427 E $12.40 355 1,090 1,445 E $6.50 269 908 1,177 C 0600 - 0700 $15.40 320 1,050 1,370 D $13.40 323 1,168 1,491 E $15.40 318 1,030 1,348 D $13.40 337 1,073 1,410 E $5.05 287 1,078 1,365 D 0700 - 0800 $11.40 246 1,155 1,401 E $9.40 251 1,181 1,432 E $11.40 230 1,208 1,438 E $10.40 252 1,158 1,410 E $5.15 191 802 993 C 0800 - 0900 $6.50 131 1,099 1,230 D $6.50 133 1,220 1,353 D $6.50 145 1,167 1,312 D $6.65 149 1,210 1,359 D $5.15 133 903 1,036 C 0900 - 1000 $5.05 103 778 881 C $5.15 102 858 960 C $5.15 119 805 924 C $5.15 109 849 958 C $2.85 103 691 794 B 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 $5.05 233 759 992 C $5.05 237 660 897 C $5.05 242 740 982 C $5.05 249 707 956 C $5.05 207 619 826 C 0500 - 0600 $16.40 345 952 1,297 D $14.40 341 996 1,337 D $14.40 335 1,082 1,417 E $12.40 339 1,086 1,425 E $6.50 305 882 1,187 C 0600 - 0700 $15.40 290 1,132 1,422 E $13.40 323 1,113 1,436 E $15.40 322 1,041 1,363 D $13.40 325 1,012 1,337 D $5.05 278 1,072 1,350 D 0700 - 0800 $11.40 241 1,113 1,354 D $9.40 213 1,090 1,303 D $11.40 221 1,122 1,343 D $10.40 255 1,096 1,351 D $5.15 191 869 1,060 C 0800 - 0900 $6.50 155 1,148 1,303 D $6.50 165 1,250 1,415 E $6.50 126 1,105 1,231 D $6.65 152 1,181 1,333 D $5.15 103 824 927 C 0900 - 1000 $5.05 93 920 1,013 C $5.15 114 908 1,022 C $5.15 102 895 997 C $5.15 102 795 897 C $2.85 92 679 771 B 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 $5.05 253 781 1,034 C $5.05 246 711 957 C $5.05 256 709 965 C $5.05 228 711 939 C $5.05 209 586 795 B 0500 - 0600 $16.40 320 989 1,309 D $14.40 324 928 1,252 D $14.40 339 1,090 1,429 E $12.40 336 1,064 1,400 D $6.50 284 876 1,160 C 0600 - 0700 $15.40 302 1,111 1,413 E $13.40 318 1,130 1,448 E $15.40 351 1,020 1,371 D $13.40 332 1,042 1,374 D $5.05 308 1,154 1,462 E 0700 - 0800 $11.40 241 1,105 1,346 D $9.40 251 1,134 1,385 D $11.40 217 1,121 1,338 D $10.40 232 1,155 1,387 D $5.15 212 869 1,081 C 0800 - 0900 $6.50 134 1,265 1,399 D $6.50 160 1,228 1,388 D $6.50 136 1,219 1,355 D $6.65 123 1,109 1,232 D $5.15 137 808 945 C 0900 - 1000 $5.05 117 847 964 C $5.15 113 870 983 C $5.15 102 877 979 C $5.15 108 843 951 C $2.85 134 640 774 B 09/20/18 Friday 09/21/18 Wednesday 09/26/18 Friday 09/07/18 Thursday 09/27/18 Friday 09/28/18 Monday 09/17/18 Tuesday 09/18/18 Wednesday 09/19/18 09/13/18 Friday 09/14/18Monday09/10/18 Tuesday 09/11/18 Monday 09/24/18 Tuesday 09/25/18 Thursday Monday 09/03/18 Tuesday 09/04/18 Wednesday 09/05/18 Wednesday 09/12/18 Thursday Thursday 09/06/18 18 RCTC O P ERATIONAL HIGHLIGHTS On-road Operations RCTC Freeway Service Patrol (FSP) responded to 78 calls during the month of September. Of those calls, 55 were to assist disabled vehicles, 12 were to remove debris, 4 were for traffic breaks, and 7 were in response to accidents. 19 FINANCIAL HIGHLIGHTS RCTC 20 JOINT AGENCY TRIP AN D REVENUE STATISTICS JOINT AGENCY TRAFFIC STATISTICS MULTI AGENCY TRIP AND REVENUE STATISTICS MONTH ENDING September 30, 2018 Sep-18 MTD Transactions by Agency Transactions Using Both Segments % Using Both Segments Revenue Westbound OCTA 693,507 430,738 62%1,721,450$ RCTC 668,984 430,738 64%2,727,588$ I-15 294,432 196,958 67%1,254,595$ McKinley 374,552 233,780 62%1,472,993$ Eastbound OCTA 723,943 395,268 55%2,447,704$ RCTC 568,763 395,268 69%1,580,387$ I-15 207,029 159,061 77%447,075$ McKinley 361,734 236,207 65%1,133,312$ 62%55%64%69% - 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 OCTA RCTC OCTA RCTC Westbound Eastbound Joint Agency Traffic Statistics OCTA Transactions RCTC Transactions % of OCTA Transactions Using Both Segments % of RCTC Transactions Using Both Segments 21 JOINT AGENCY PER FORMANCE MEASURES JOINT AGENCY TRANSPONDER DISTRIBU TION Sep-18 Performance CUSTOMER SERVICE Call Wait Time Monthly Not to exceed 2 minutes 1:42 Abandon Rate Monthly No more than 4.0% 2.3% Customer Satisfaction Monthly At least 75 outbound calls 80 Convert Violators to Customers Quarterly 8% or more 29% Convert Violators to Customers Annually 10% or more 29% VIOLATION PROCESSING Response Time Monthly Within 2 business days of receipt 1.7 **CUSA Violation Collection Rate Quarterly 70% or more NA CUSA Violation Collection Rate Annually 74% or more 66% TRAFFIC OPERATIONS Initial & Secondary Reviews Monthly Equal to or less than 15 days 1.7 *Plate Misread Errors Monthly Equal to or less than 0.4% 0.01% CAS Response Time Monthly 0:20 (minutes) per call 0:11 ACCOUNTING Monthly No more than 3 0 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 REPORTING REQUIREMENT Reporting P eriod PERFORMANCE STANDARD OCTA Exceptions RCTC Exceptions * Plate Misread Error performance is current after a 60-day hold-back period; therefore, percentage reported here is for 2 months prior to the month of this report. ** CUSA Violation Collection Rate is currently unavailable due to pending report data which impacts the statistics. Tags % of Total Tags % of Total Issued To New Accounts 1,590 46.6%2,040 47.2%1,746 45.8% Additional Tags to Existing Accounts 871 25.5%1,083 25.0%966 25.3% Replacement Transponders 954 27.9%1,202 27.8%1,102 28.9% Total Issued 3,415 4,325 3,814 Returned Account Closures 478 27.9%504 26.5%454 26.1% Accounts Downsizing 216 12.6%154 8.1%190 10.9% Defective Transponders 1,019 59.5%1,243 65.4%1,094 63.0% Total Returned 1,713 1,901 1,737 FY 2018-19TRANSPONDER DISTRIBUTION September-18 August-18 Average To-Date 22 At the end of September 2018, the 91 Express Lanes had 143,301 active customer accounts, and 218,136 transponders classified as Assigned. Number of Accounts by Fiscal Year As of September 30, 2018 Incoming Email Activity During September, the Anaheim Processing Center received 2,901 emails. 117,888 114,556 114,138 112,584 112,473 112,929 113,672 116,813 119,782 130,048 140,694 143,301 60,000 70,000 80,000 90,000 100,000 110,000 120,000 130,000 140,000 150,000 160,000 Fiscal Year ATTACHMENT D Orange County Transportation Authority Riverside County Transportation Commission Status Report October 2018 As of October 31, 2018 2 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 ...................................................................................... 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 .......................................................................................11 RCTC Peak-Hour Volumes .......................................................................................................13 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 Number of Accounts by Fiscal Year ..........................................................................................22 Incoming Email Activity .............................................................................................................22 3 OPERATIONS OVERVIEW OCTA TRAFFIC AND REVENUE STATIST ICS FOR OCTA Total traffic volume on the OCTA 91 Express Lanes for October 2018 was 1,505,256. This represents a daily average of 48,557. This is a 4.1% increase in total traffic volume from the same period last year when traffic levels totaled 1,446,024. Potential toll revenue for the month was $4,557,905 which represents an increase of 5.6% from the prior year’s total of $4,314,826. Carpool percentage for the month was 24.57% as compared to the previous year’s rate of 22.95%. Month-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 month of October 2018. Current Month-to-Date (MTD) as of October 31, 2018 Trips Oct-18 MTD Actual Stantec MTD Projected # Variance % Variance Oct-17 MTD Actual Yr-to-Yr % Variance Full Toll Lanes 1,135,413 1,156,440 (21,027)(1.8%)1,114,127 1.9% 3+ Lanes 369,843 313,385 56,458 18.0%331,897 11.4% Total Gross Trips 1,505,256 1,469,825 35,431 2.4%1,446,024 4.1% Revenue Full Toll Lanes $4,480,483 $4,568,113 ($87,630)(1.9%)$4,247,364 5.5% 3+ Lanes $77,422 $87,146 ($9,724)(11.2%)$67,462 14.8% Total Gross Revenue $4,557,905 $4,655,259 ($97,354)(2.1%)$4,314,826 5.6% Average Revenue per Trip Average Full Toll Lanes $3.95 $3.95 ($0.00)(0.1%)$3.81 3.5% Average 3+ Lanes $0.21 $0.28 ($0.07)(24.7%)$0.20 3.0% Average Gross Revenue $3.03 $3.17 ($0.14)(4.4%)$2.98 1.5% 4 The 2019 fiscal year-to-date (YTD) traffic volume is 6.8% higher when compared with the same period last year. The 2019 fiscal year-to-date revenue is 6.7% higher than for the same period last year. Year-to-date average revenue per-trip is $2.97. 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 2018 through October 2018. FY 201 8 -1 9 Year to Date as of October 3 1 , 201 8 Trips FY 2018-19 YTD Actual Stantec YTD Projected # Variance % Variance FY 2017-18 YTD Actual Yr-to-Yr % Variance Full Toll Lanes 4,415,720 4,468,915 (53,195)(1.2%)4,215,027 4.8% 3+ Lanes 1,557,263 1,356,908 200,355 14.8%1,379,609 12.9% Total Gross Trips 5,972,983 5,825,824 147,159 2.5%5,594,636 6.8% Revenue Full Toll Lanes $17,424,865 $17,753,680 ($87,630)(0.5%)$16,334,619 6.7% 3+ Lanes $305,727 $338,615 ($9,724)(2.9%)$289,083 5.8% Total Gross Revenue $17,730,592 $18,092,295 ($97,354)(0.5%)$16,623,702 6.7% Average Revenue per Trip Average Full Toll Lanes $3.95 $3.97 ($0.03)(0.7%)$3.88 1.8% Average 3+ Lanes $0.20 $0.25 ($0.05)(21.3%)$0.21 (6.3%) Average Gross Revenue $2.97 $3.11 ($0.14)(4.4%)$2.97 (0.1%) 5 O CTA Traffic and Revenue Summary The chart below reflects the total trips breakdown between Full Toll trips and HOV3+ trips for FY 2018-19 on a monthly basis. The chart below reflects the gross potential revenue breakdown between Full Toll trips and HOV3+ trips for FY 2018-19 on a monthly basis. 1,069,688 1,161,329 1,049,290 1,135,413 413,104 406,156 368,160 369,843 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 1,800,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Volume Month FY 2018-19 Traffic Volume Overview Full Toll Lanes 3+ Lanes $4,214,894 $4,624,936 $4,104,552 $4,480,483 $78,927 $84,776 $64,603 $77,422 $2,500,000 $3,000,000 $3,500,000 $4,000,000 $4,500,000 $5,000,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Revenue Month FY 2018-19 Revenue Summary Full Toll Lanes 3+ Lanes 6 Peak traffic hour in the eastbound direction reached or exceeded 90% or more of defined capacity 26 times during the month of October 2018. As demonstrated on the next chart, westbound peak hour traffic volumes top out at 75% of defined capacity. OCTA EASTBOUND PEAK -HOUR VOLUMES PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 354 2,476 73%$5.05 398 2,844 84%$5.05 391 2,893 85%$5.20 440 3,150 93%$5.35 516 3,503 103% 1500 - 1600 $5.40 589 2,884 85%$5.65 645 2,891 85%$6.25 630 3,344 98%$6.00 612 3,039 89%$9.65 719 2,833 83% 1600 - 1700 $5.25 489 3,036 89%$5.50 476 2,985 88%$6.75 496 2,961 87%$9.30 410 2,574 76%$9.45 529 3,032 89% 1700 - 1800 $5.20 553 3,204 94%$5.40 500 2,952 87%$6.90 432 2,592 76%$9.20 524 2,767 81%$6.90 534 2,811 83% 1800 - 1900 $5.40 578 2,401 71%$3.85 611 2,878 85%$3.85 696 3,023 89%$4.75 542 2,847 84%$6.40 678 2,811 83% 1900 - 2000 $3.75 478 1,755 52%$3.75 562 2,386 70%$3.75 504 1,993 59%$5.50 721 2,865 84%$5.95 595 2,147 63% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 422 2,555 75%$5.05 421 2,923 86%$5.05 450 2,990 88%$5.20 447 3,311 97%$5.35 528 3,569 105% 1500 - 1600 $5.40 622 2,898 85%$5.65 640 2,820 83%$6.25 671 3,184 94%$6.00 630 3,056 90%$9.65 691 2,709 80% 1600 - 1700 $5.25 467 2,838 83%$5.50 464 3,017 89%$6.75 512 2,915 86%$9.30 454 2,592 76%$9.45 494 2,792 82% 1700 - 1800 $5.20 493 3,019 89%$5.40 476 2,858 84%$6.90 434 2,626 77%$9.20 515 2,889 85%$6.90 583 2,856 84% 1800 - 1900 $5.40 619 2,442 72%$3.85 630 2,987 88%$3.85 645 2,922 86%$4.75 661 2,910 86%$6.40 655 2,734 80% 1900 - 2000 $3.75 497 1,726 51%$3.75 604 2,467 73%$3.75 653 2,550 75%$5.50 686 2,674 79%$5.95 675 2,329 69% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 376 2,435 72%$5.05 432 2,825 83%$5.05 447 3,011 89%$5.20 478 3,303 97%$5.35 510 3,324 98% 1500 - 1600 $5.40 598 2,942 87%$5.65 575 2,456 72%$6.25 633 3,166 93%$6.00 626 3,106 91%$9.65 699 2,675 79% 1600 - 1700 $5.25 452 2,943 87%$5.50 445 2,915 86%$6.75 470 2,920 86%$9.30 457 2,502 74%$9.45 526 2,933 86% 1700 - 1800 $5.20 512 2,987 88%$5.40 571 3,125 92%$6.90 450 2,514 74%$9.20 501 2,880 85%$6.90 581 2,957 87% 1800 - 1900 $5.40 668 2,645 78%$3.85 659 3,106 91%$3.85 710 3,036 89%$4.75 685 3,071 90%$6.40 661 2,666 78% 1900 - 2000 $3.75 447 1,702 50%$3.75 539 2,185 64%$3.75 567 2,198 65%$5.50 663 2,453 72%$5.95 656 2,305 68% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 399 2,564 75%$5.05 441 2,928 86%$5.05 453 3,075 90%$5.20 401 2,701 79%$5.35 545 3,491 103% 1500 - 1600 $5.40 648 3,051 90%$5.65 669 2,849 84%$6.25 668 3,219 95%$6.00 703 3,271 96%$9.65 701 2,906 85% 1600 - 1700 $5.25 439 2,948 87%$5.50 442 2,861 84%$6.75 426 2,548 75%$9.30 454 2,554 75%$9.45 517 2,831 83% 1700 - 1800 $5.20 521 3,048 90%$5.40 556 3,151 93%$6.90 456 2,593 76%$9.20 522 2,939 86%$6.90 559 2,797 82% 1800 - 1900 $5.40 699 2,676 79%$3.85 692 3,024 89%$3.85 651 2,945 87%$4.75 693 2,979 88%$6.40 694 2,865 84% 1900 - 2000 $3.75 471 1,751 52%$3.75 551 2,323 68%$3.75 669 2,565 75%$5.50 657 2,513 74%$5.95 668 2,326 68% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 442 2,589 76%$5.05 410 2,875 85%$5.05 537 3,215 95% 1500 - 1600 $5.40 654 3,195 94%$5.65 635 2,715 80%$6.25 653 3,230 95% 1600 - 1700 $5.25 480 2,919 86%$5.50 432 2,894 85%$6.75 522 2,915 86% 1700 - 1800 $5.20 504 2,876 85%$5.40 524 2,982 88%$6.90 484 2,603 77% 1800 - 1900 $5.40 729 2,844 84%$3.85 669 3,002 88%$3.85 631 3,085 91% 1900 - 2000 $3.75 540 2,095 62%$3.75 651 2,514 74%$3.75 405 1,573 46% Thursday 11/01/18 Friday 11/02/18Monday 10/29/18 Tuesday 10/30/18 Wednesday 10/31/18 Thursday 10/25/18 Friday 10/26/18 Thursday 10/18/18 Friday 10/19/18 Monday 10/22/18 Tuesday 10/23/18 Wednesday 10/24/18 Thursday 10/11/18 Friday 10/12/18 Monday 10/15/18 Tuesday 10/16/18 Wednesday 10/17/18 Thursday 10/04/18 Friday 10/05/18 Monday 10/08/18 Tuesday 10/09/18 Wednesday 10/10/18 Monday 10/01/18 Tuesday 10/02/18 Wednesday 10/03/18 7 OCTA W ESTBOUND PEAK -HOUR V OLUMES AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 752 2,376 70%$3.00 749 2,372 70%$3.00 788 2,369 70%$3.00 726 2,250 66%$3.00 658 1,912 56% 0500 - 0600 $4.85 784 2,401 71%$4.85 874 2,463 72%$4.85 800 2,344 69%$4.85 850 2,375 70%$4.60 597 1,876 55% 0600 - 0700 $5.05 582 1,984 58%$5.05 545 1,955 58%$5.05 577 1,895 56%$5.05 625 1,971 58%$4.85 726 2,302 68% 0700 - 0800 $5.55 523 2,144 63%$5.55 500 2,100 62%$5.55 450 1,960 58%$5.55 477 2,117 62%$5.40 449 1,965 58% 0800 - 0900 $5.05 299 2,016 59%$5.05 318 2,139 63%$5.05 313 2,110 62%$5.05 315 2,111 62%$4.85 275 1,788 53% 0900 - 1000 $4.00 289 1,966 58%$4.00 255 2,030 60%$4.00 287 2,058 61%$4.00 261 1,981 58%$4.00 346 1,824 54% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 706 2,266 67%$3.00 761 2,342 69%$3.00 787 2,364 70%$3.00 784 2,309 68%$3.00 666 1,938 57% 0500 - 0600 $4.85 691 2,185 64%$4.85 886 2,539 75%$4.85 815 2,357 69%$4.85 860 2,364 70%$4.60 774 2,324 68% 0600 - 0700 $5.05 553 1,938 57%$5.05 581 1,982 58%$5.05 655 2,067 61%$5.05 628 2,021 59%$4.85 603 1,981 58% 0700 - 0800 $5.55 419 1,849 54%$5.55 498 2,012 59%$5.55 456 2,018 59%$5.55 478 2,130 63%$5.40 432 1,761 52% 0800 - 0900 $5.05 295 1,787 53%$5.05 304 2,096 62%$5.05 304 2,049 60%$5.05 322 2,011 59%$4.85 290 1,725 51% 0900 - 1000 $4.00 285 1,648 48%$4.00 270 1,970 58%$4.00 325 2,273 67%$4.00 282 2,052 60%$4.00 279 1,586 47% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 768 2,412 71%$3.00 786 2,339 69%$3.00 788 2,338 69%$3.00 708 2,158 63%$3.00 665 1,982 58% 0500 - 0600 $4.85 825 2,350 69%$4.85 848 2,394 70%$4.85 796 2,340 69%$4.85 874 2,426 71%$4.60 727 2,277 67% 0600 - 0700 $5.05 618 2,010 59%$5.05 572 1,959 58%$5.05 626 1,998 59%$5.05 626 2,007 59%$4.85 615 1,971 58% 0700 - 0800 $5.55 481 1,980 58%$5.55 478 1,988 58%$5.55 483 2,026 60%$5.55 521 2,136 63%$5.40 397 1,705 50% 0800 - 0900 $5.05 290 1,886 55%$5.05 322 2,109 62%$5.05 308 2,011 59%$5.05 302 1,895 56%$4.85 298 1,798 53% 0900 - 1000 $4.00 274 1,942 57%$4.00 267 2,070 61%$4.00 287 1,943 57%$4.00 319 2,246 66%$4.00 300 1,623 48% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 764 2,424 71%$3.00 771 2,314 68%$3.00 791 2,377 70%$3.00 776 2,297 68%$3.00 654 1,922 57% 0500 - 0600 $4.85 833 2,368 70%$4.85 927 2,472 73%$4.85 809 2,337 69%$4.85 844 2,403 71%$4.60 731 2,350 69% 0600 - 0700 $5.05 601 2,010 59%$5.05 595 2,016 59%$5.05 617 2,028 60%$5.05 648 1,976 58%$4.85 614 1,985 58% 0700 - 0800 $5.55 496 2,008 59%$5.55 492 2,090 61%$5.55 504 2,183 64%$5.55 518 2,182 64%$5.40 420 1,795 53% 0800 - 0900 $5.05 318 2,046 60%$5.05 308 2,129 63%$5.05 327 2,089 61%$5.05 294 2,136 63%$4.85 307 1,751 52% 0900 - 1000 $4.00 276 1,883 55%$4.00 277 2,101 62%$4.00 293 1,995 59%$4.00 297 2,159 64%$4.00 262 1,589 47% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 744 2,444 72%$3.00 769 2,321 68%$3.00 791 2,337 69% 0500 - 0600 $4.85 812 2,334 69%$4.85 889 2,431 72%$4.85 833 2,336 69% 0600 - 0700 $5.05 589 2,018 59%$5.05 569 1,914 56%$5.05 641 2,103 62% 0700 - 0800 $5.55 468 1,978 58%$5.55 523 2,175 64%$5.55 477 2,055 60% 0800 - 0900 $5.05 263 1,888 56%$5.05 346 2,204 65%$5.05 272 1,870 55% 0900 - 1000 $4.00 283 1,910 56%$4.00 272 1,958 58%$4.00 260 1,770 52% Friday 11/02/18 Thursday 10/25/18 Thursday 10/18/18 Monday 10/29/18 Tuesday 10/30/18 Wednesday 10/31/18 Thursday 11/01/18 Friday 10/19/18 Monday 10/22/18 Tuesday 10/23/18 Wednesday 10/24/18 Friday 10/26/18 Thursday 10/11/18 Friday 10/12/18 Monday 10/15/18 Tuesday 10/16/18 Wednesday 10/17/18 Thursday 10/04/18 Friday 10/05/18 Monday 10/08/18 Tuesday 10/09/18 Wednesday 10/10/18 Monday 10/01/18 Tuesday 10/02/18 Wednesday 10/03/18 8 OCTA OPERATIONAL HIGHLIGHTS On-road Operations OCTA Customer Assistance Specialists (CAS) responded to 100 calls during the month of October. Of those calls, 78 were to assist disabled vehicles and 11 calls to remove debris. The CAS provided assistance to 9 accidents in the Express Lanes and 2 accidents originating from the SR91 general-purpose lanes. Electronic Toll and Traffic Management System Project Update An agreement with Kapsch TrafficCom USA, Inc., (Kapsch) was executed in June 2018 to provide toll lane system integrator services for the design, installation, operations, and maintenance of the electronic toll and traffic management system for the 91 Express Lanes. During the month of October, Kapsch has developed several project plans and documentations and held monthly coordination meetings with OCTA and Cofiroute in preparation for the transition to the new 6C protocol in January 2019. It is anticipated OCTA lane system equipment at the gantries will be replaced in January 2019. 9 FINANCIAL HIGHLIGHTS OCTA Capital Asset Activity During the four months ending October 31, 2018, capital asset activities included $239;576 for the Electronic Toll and Traffic Management system replacement project. 10 OPERATIONS OVERVIEW RCTC TRAFFIC AND REVENUE STATISTICS FOR RCTC Total traffic volume on the RCTC 91 Express Lanes for October 2018 was 1,311,938. This represents a daily average of 42,321. This is a 6.4% increase in total traffic volume from the same period last year when traffic levels totaled 1,232,486. Potential toll revenue for the month was $4,913,634 which represents an increase of 25.7% from the prior year’s total of $3,910,198. Carpool percentage for the month was 22.73% as compared to the previous year’s rate of 20.32%. Month-to-date traffic and revenue data are summarized in the table bel ow. 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 2018. Current Month-to-Date (MTD) as of October 31, 2018 Trips OCT-18 MTD Actual Stantec MTD Projected # Variance % Variance OCT-17 MTD Actual Yr-to-Yr % Variance Full Toll Lanes 1,013,705 657,272 356,433 54.2% 982,081 3.2% 3+ Lanes 298,233 214,285 83,948 39.2% 250,405 19.1% Total Gross Trips 1,311,938 871,557 440,381 50.5% 1,232,486 6.4% Revenue Full Toll Lanes $4,878,737 $1,953,700 $2,925,037 149.7% $3,879,974 25.7% 3+ Lanes $34,897 $0 $34,897 $30,224 15.5% Total Gross Revenue $4,913,634 $1,953,700 $2,959,934 151.5% $3,910,198 25.7% Average Revenue per Trip Average Full Toll Lanes $4.81 $2.97 $1.84 62.0% $3.95 21.8% Average 3+ Lanes $0.12 $0.00 $0.12 $0.12 0.0% Average Gross Revenue $3.75 $2.24 $1.51 67.4% $3.17 18.3% 11 The 2019 fiscal year-to-date (YTD) traffic volume is 6.3% higher when compared with the same period last year. The 2019 fiscal year-to-date revenue is 27% higher than for the same period last year. The traffic and revenue increases are attributed to higher demand and increase toll rates to manage the demand. Year-to-date average revenue per-trip is $3.58. 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 month s of July 2018 through October 2018. FY 2018-19 Year to Date as of October 31, 2018 Trips FY 2018-19 YTD Actual Stantec YTD Projected # Variance % Variance FY 2017-18 YTD Actual Yr-to-Yr % Variance Full Toll Lanes 3,958,575 2,491,557 1,467,018 58.9% 3,856,885 2.6% 3+ Lanes 1,242,339 858,014 384,325 44.8% 1,034,890 20.0% Total Gross Trips 5,200,914 3,349,571 1,851,343 55.3% 4,891,775 6.3% Revenue Full Toll Lanes $18,501,369 $7,486,557 $11,014,812 147.1% $14,556,407 27.1% 3+ Lanes $142,652 $0 $142,652 $125,003 14.1% Total Gross Revenue $18,644,021 $7,486,557 $11,157,464 149.0% $14,681,410 27.0% Average Revenue per Trip Average Full Toll Lanes $4.67 $3.00 $1.67 55.7% $3.77 23.9% Average 3+ Lanes $0.11 $0.00 $0.11 $0.12 (8.3%) Average Gross Revenue $3.58 $2.24 $1.34 59.8% $3.00 19.3% 12 RCTC Traffic and Revenue Summary The chart below reflects the total trips broken down between Full Toll lanes and HOV3+ lanes for FY 2018-19 on a monthly basis. The chart below reflects the gross potential revenue breakdown between Full Toll lanes and HOV3+ lanes for FY 2018-19 on a monthly basis. 958,212 1,043,813 942,845 1,013,705 325,279 323,925 294,904 298,233 0 175,000 350,000 525,000 700,000 875,000 1,050,000 1,225,000 1,400,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Volume Month FY 2018-19 Traffic Volume Overview Full Toll Lanes 3+ Lanes $4,450,594 $4,893,862 $4,278,176 $4,878,737 $38,664 $39,292 $29,799 $34,897 $2,000,000 $2,400,000 $2,800,000 $3,200,000 $3,600,000 $4,000,000 $4,400,000 $4,800,000 $5,200,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19RevenueMonth FY 2018-19 Revenue Summary Full Toll Lanes 3+ Lanes 13 RCTC PEAK -HOUR VOLUMES RCTC regularly evaluates traffic volumes for peak period hours where Express Lanes performance is degraded and either increases or decreases tolls. Toll rates were adjusted once in October to improve the level of service in the peak hours where demand exceeded capacity. Hours highlighted in green were increased and hours highlighted in red were decreased. Hours that are highlighted in yellow were flagged for continued evaluation. 14 RCTC E ASTBOUND PEAK -HOUR V OLUMES Eastbound PM Peak - County Line to McKinley 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 $4.05 201 961 1,162 D $5.15 208 956 1,164 D $5.15 223 1,053 1,276 E $7.55 239 1,150 1,389 F $16.40 322 1,303 1,625 F 1500 - 1600 $5.05 318 926 1,244 E $5.15 316 953 1,269 E $6.55 328 1,038 1,366 F $9.60 331 947 1,278 E $16.40 398 1,008 1,406 F 1600 - 1700 $4.05 206 885 1,091 D $4.05 212 901 1,113 D $3.95 210 997 1,207 E $8.55 176 862 1,038 D $11.40 267 1,057 1,324 F 1700 - 1800 $4.05 208 888 1,096 D $4.05 208 839 1,047 D $3.95 188 828 1,016 D $3.95 228 861 1,089 D $7.40 278 945 1,223 E 1800 - 1900 $4.05 224 726 950 C $4.05 270 814 1,084 D $3.95 298 893 1,191 D $3.95 261 799 1,060 D $5.05 332 916 1,248 E 1900 - 2000 $2.20 194 510 704 B $4.05 232 705 937 C $3.95 188 550 738 B $4.05 303 829 1,132 D $3.95 292 798 1,090 D 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 $4.05 239 969 1,208 E $5.15 226 1,059 1,285 E $5.15 236 1,165 1,401 F $7.55 231 1,224 1,455 F $16.40 324 1,234 1,558 F 1500 - 1600 $5.05 338 945 1,283 E $5.15 320 955 1,275 E $6.55 352 990 1,342 F $9.60 357 988 1,345 F $16.40 406 937 1,343 F 1600 - 1700 $4.05 220 910 1,130 D $4.05 233 971 1,204 E $3.95 242 948 1,190 D $8.55 188 846 1,034 D $11.40 234 964 1,198 D 1700 - 1800 $4.05 245 877 1,122 D $4.05 236 829 1,065 D $3.95 204 839 1,043 D $3.95 226 985 1,211 E $7.40 252 965 1,217 E 1800 - 1900 $4.05 267 734 1,001 D $4.05 289 857 1,146 D $3.95 304 870 1,174 D $3.95 292 956 1,248 E $5.05 299 965 1,264 E 1900 - 2000 $2.20 234 561 795 B $4.05 253 700 953 C $3.95 253 722 975 C $4.05 281 786 1,067 D $3.95 329 862 1,191 D 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 $4.05 184 945 1,129 D $5.15 219 1,004 1,223 E $5.15 230 1,154 1,384 F $7.55 257 1,166 1,423 F $16.40 311 1,158 1,469 F 1500 - 1600 $5.05 285 919 1,204 E $5.15 327 833 1,160 D $6.55 370 981 1,351 F $9.60 362 1,005 1,367 F $16.40 362 957 1,319 F 1600 - 1700 $4.05 191 868 1,059 D $4.05 214 1,008 1,222 E $3.95 220 958 1,178 D $8.55 250 1,198 1,448 F $11.40 274 997 1,271 E 1700 - 1800 $4.05 218 885 1,103 D $4.05 246 918 1,164 D $3.95 209 756 965 C $3.95 256 1,412 1,668 F $7.40 288 1,009 1,297 E 1800 - 1900 $4.05 289 725 1,014 D $4.05 308 851 1,159 D $3.95 307 815 1,122 D $3.95 301 933 1,234 E $5.05 294 894 1,188 D 1900 - 2000 $2.20 185 532 717 B $4.05 226 671 897 C $3.95 225 678 903 C $4.05 261 754 1,015 D $3.95 316 836 1,152 D 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 $4.05 222 950 1,172 D $5.15 234 991 1,225 E $5.15 240 1,161 1,401 F $7.55 221 1,077 1,298 E $16.40 316 1,220 1,536 F 1500 - 1600 $5.05 342 928 1,270 E $5.15 350 958 1,308 F $6.55 377 1,035 1,412 F $9.60 406 1,077 1,483 F $16.40 368 1,074 1,442 F 1600 - 1700 $4.05 215 937 1,152 D $4.05 215 961 1,176 D $3.95 206 906 1,112 D $8.55 201 814 1,015 D $11.40 257 1,001 1,258 E 1700 - 1800 $4.05 216 892 1,108 D $4.05 233 885 1,118 D $3.95 203 841 1,044 D $3.95 261 929 1,190 D $7.40 274 1,119 1,393 F 1800 - 1900 $4.05 300 696 996 C $4.05 281 856 1,137 D $3.95 294 900 1,194 D $3.95 277 966 1,243 E $5.05 366 1,078 1,444 F 1900 - 2000 $2.20 191 522 713 B $4.05 231 645 876 C $3.95 279 709 988 C $4.05 240 717 957 C $3.95 298 1,010 1,308 F 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 $4.05 216 990 1,206 E $5.15 206 990 1,196 D $5.15 252 1,087 1,339 F 1500 - 1600 $5.05 336 999 1,335 F $5.15 345 907 1,252 E $6.55 338 964 1,302 F 1600 - 1700 $4.05 224 942 1,166 D $4.05 195 972 1,167 D $3.95 243 936 1,179 D 1700 - 1800 $4.05 218 835 1,053 D $4.05 226 863 1,089 D $3.95 235 918 1,153 D 1800 - 1900 $4.05 320 783 1,103 D $4.05 261 799 1,060 D $3.95 284 994 1,278 E 1900 - 2000 $2.20 230 599 829 C $4.05 269 748 1,017 D $3.95 188 501 689 B 10/18/18 10/24/18 Thursday 10/25/18 Friday 10/19/18Monday10/15/18 Tuesday 10/16/18 Thursday 11/01/18 Friday 11/02/18Monday10/29/18 Tuesday 10/30/18 Wednesday 10/31/18 Wednesday 10/17/18 Thursday Monday 10/22/18 Tuesday 10/23/18 Wednesday Wednesday 10/03/18 Thursday 10/04/18 Friday 10/05/18Monday10/01/18 Tuesday 10/02/18 10/11/18 Friday 10/12/18Monday10/08/18 Tuesday 10/09/18 Wednesday 10/10/18 Thursday Friday 10/26/18 15 Eastbound PM Peak - County Line to I-15 South 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 $2.85 94 623 717 B $5.15 101 635 736 B $5.05 102 677 779 B $5.05 113 712 825 C $5.15 152 758 910 C 1500 - 1600 $2.85 145 619 764 B $2.80 157 626 783 B $5.15 162 660 822 C $5.15 162 622 784 B $2.80 167 581 748 B 1600 - 1700 $2.85 113 606 719 B $2.85 127 575 702 B $2.85 111 628 739 B $2.80 104 522 626 B $2.85 119 583 702 B 1700 - 1800 $2.85 115 583 698 B $2.85 125 589 714 B $2.85 93 528 621 B $2.85 104 546 650 B $2.85 96 495 591 B 1800 - 1900 $2.85 134 434 568 B $2.85 134 509 643 B $2.85 124 547 671 B $2.85 114 459 573 B $2.85 174 577 751 B 1900 - 2000 $2.85 109 360 469 B $2.85 158 489 647 B $2.85 130 408 538 B $2.85 178 581 759 B $2.85 169 415 584 B 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 $2.85 98 589 687 B $5.15 108 716 824 C $5.05 132 740 872 C $5.05 127 789 916 C $5.15 134 766 900 C 1500 - 1600 $2.85 139 619 758 B $2.80 137 594 731 B $5.15 171 642 813 C $5.15 159 666 825 C $2.80 157 594 751 B 1600 - 1700 $2.85 145 666 811 C $2.85 112 594 706 B $2.85 110 630 740 B $2.80 106 638 744 B $2.85 125 586 711 B 1700 - 1800 $2.85 81 594 675 B $2.85 105 549 654 B $2.85 100 543 643 B $2.85 109 636 745 B $2.85 152 597 749 B 1800 - 1900 $2.85 148 422 570 B $2.85 146 582 728 B $2.85 120 573 693 B $2.85 140 580 720 B $2.85 159 530 689 B 1900 - 2000 $2.85 117 362 479 B $2.85 161 530 691 B $2.85 170 537 707 B $2.85 170 554 724 B $2.85 189 502 691 B 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 $2.85 108 610 718 B $5.15 112 653 765 B $5.05 139 707 846 C $5.05 130 803 933 C $5.15 128 732 860 C 1500 - 1600 $2.85 160 592 752 B $2.80 139 559 698 B $5.15 142 654 796 B $5.15 144 650 794 B $2.80 179 606 785 B 1600 - 1700 $2.85 112 583 695 B $2.85 98 617 715 B $2.85 116 640 756 B $2.80 26 116 142 A $2.85 121 627 748 B 1700 - 1800 $2.85 113 569 682 B $2.85 136 610 746 B $2.85 108 525 633 B $2.85 131 567 698 B $2.85 139 582 721 B 1800 - 1900 $2.85 154 495 649 B $2.85 137 553 690 B $2.85 146 619 765 B $2.85 167 566 733 B $2.85 162 528 690 B 1900 - 2000 $2.85 118 360 478 B $2.85 141 482 623 B $2.85 154 453 607 B $2.85 177 518 695 B $2.85 162 439 601 B 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 $2.85 110 647 757 B $5.15 116 678 794 B $5.05 127 730 857 C $5.05 95 657 752 B $5.15 138 775 913 C 1500 - 1600 $2.85 156 624 780 B $2.80 172 601 773 B $5.15 153 689 842 C $5.15 169 691 860 C $2.80 158 606 764 B 1600 - 1700 $2.85 110 624 734 B $2.85 108 621 729 B $2.85 98 574 672 B $2.80 124 616 740 B $2.85 118 577 695 B 1700 - 1800 $2.85 129 570 699 B $2.85 129 635 764 B $2.85 116 565 681 B $2.85 112 648 760 B $2.85 115 446 561 B 1800 - 1900 $2.85 156 492 648 B $2.85 160 544 704 B $2.85 147 518 665 B $2.85 145 598 743 B $2.85 137 415 552 B 1900 - 2000 $2.85 117 318 435 B $2.85 140 504 644 B $2.85 171 518 689 B $2.85 183 561 744 B $2.85 163 413 576 B 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 $2.85 126 559 685 B $5.15 127 681 808 C $5.05 168 738 906 C 1500 - 1600 $2.85 154 710 864 C $2.80 138 557 695 B $5.15 159 644 803 C 1600 - 1700 $2.85 119 642 761 B $2.85 114 605 719 B $2.85 117 626 743 B 1700 - 1800 $2.85 127 595 722 B $2.85 118 637 755 B $2.85 123 548 671 B 1800 - 1900 $2.85 150 523 673 B $2.85 147 584 731 B $2.85 126 612 738 B 1900 - 2000 $2.85 155 427 582 B $2.85 143 561 704 B $2.85 89 314 403 B Friday 10/12/18Monday10/08/18 Tuesday 10/09/18 Monday 10/29/18 Tuesday 10/30/18 Thursday 10/18/18 Friday 10/19/18 Wednesday 10/31/18 Thursday 11/01/18 Friday 11/02/18 Monday 10/15/18 Tuesday 10/16/18 Wednesday 10/17/18 Wednesday 10/10/18 Thursday Thursday 10/04/18 10/11/18 Monday 10/22/18 Tuesday 10/23/18 Wednesday 10/24/18 Thursday 10/25/18 Friday 10/26/18 Monday 10/01/18 Tuesday 10/02/18 Wednesday 10/03/18 Friday 10/05/18 16 RCTC W ESTBOUND PEAK -HOUR V OLUMES Westbound AM Peak - McKinley to County Line 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 $6.55 391 1,065 1,456 F $6.55 380 1,067 1,447 F $6.55 411 1,094 1,505 F $6.55 397 1,078 1,475 F $3.95 357 723 1,080 D 0500 - 0600 $17.90 454 799 1,253 E $17.15 562 853 1,415 F $17.15 460 653 1,113 D $16.90 491 702 1,193 D $7.90 378 825 1,203 E 0600 - 0700 $16.55 330 895 1,225 E $16.15 295 813 1,108 D $15.15 382 1,052 1,434 F $15.15 365 965 1,330 E $7.15 544 1,543 2,087 F 0700 - 0800 $11.90 351 1,269 1,620 F $11.90 336 1,286 1,622 F $12.65 290 1,200 1,490 F $10.90 310 1,262 1,572 F $6.70 314 1,252 1,566 F 0800 - 0900 $7.15 190 1,373 1,563 F $7.15 208 1,653 1,861 F $7.15 223 1,410 1,633 F $7.90 228 1,402 1,630 F $5.15 194 1,155 1,349 E 0900 - 1000 $4.05 154 1,055 1,209 E $5.05 147 1,092 1,239 E $3.95 177 1,123 1,300 E $3.95 154 1,134 1,288 E $4.05 192 821 1,013 D 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 $6.55 366 1,036 1,402 F $6.55 365 1,062 1,427 F $6.55 430 1,151 1,581 F $6.55 396 1,040 1,436 F $3.95 336 742 1,078 D 0500 - 0600 $17.90 436 805 1,241 E $16.15 566 1,038 1,604 F $17.15 486 629 1,115 D $16.90 479 687 1,166 D $7.90 459 993 1,452 F 0600 - 0700 $16.55 367 916 1,283 E $16.15 317 848 1,165 D $15.15 371 973 1,344 E $15.15 368 1,009 1,377 F $7.15 372 1,130 1,502 F 0700 - 0800 $11.90 331 1,229 1,560 F $11.90 349 1,181 1,530 F $12.65 337 1,233 1,570 F $10.90 336 1,213 1,549 F $5.05 332 1,348 1,680 F 0800 - 0900 $7.15 201 1,357 1,558 F $7.15 234 1,410 1,644 F $7.15 217 1,444 1,661 F $7.90 245 1,355 1,600 F $5.15 226 1,119 1,345 E 0900 - 1000 $4.05 148 990 1,138 D $5.05 168 1,153 1,321 E $3.95 173 1,090 1,263 E $3.95 180 1,201 1,381 F $4.05 175 914 1,089 D 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 $6.55 388 1,038 1,426 F $6.55 403 1,001 1,404 F $6.55 432 1,084 1,516 F $6.55 418 1,319 1,737 F $3.95 348 755 1,103 D 0500 - 0600 $17.90 486 786 1,272 E $16.15 572 858 1,430 F $17.15 484 667 1,151 D $16.90 524 680 1,204 E $7.90 405 982 1,387 F 0600 - 0700 $16.55 333 884 1,217 E $16.15 305 768 1,073 D $15.15 366 991 1,357 F $15.15 369 960 1,329 E $7.15 377 1,157 1,534 F 0700 - 0800 $11.90 346 1,188 1,534 F $11.90 317 1,179 1,496 F $12.65 351 1,205 1,556 F $10.90 357 1,193 1,550 F $6.70 296 1,123 1,419 F 0800 - 0900 $7.15 189 1,320 1,509 F $7.15 254 1,384 1,638 F $7.15 204 1,415 1,619 F $7.90 182 1,196 1,378 F $5.15 204 1,035 1,239 E 0900 - 1000 $4.05 175 1,115 1,290 E $5.05 146 1,178 1,324 E $3.95 171 1,053 1,224 E $3.95 186 1,330 1,516 F $4.05 182 908 1,090 D 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 $6.55 404 1,042 1,446 F $6.55 404 1,015 1,419 F $6.55 456 1,066 1,522 F $6.55 423 1,079 1,502 F $3.95 334 770 1,104 D 0500 - 0600 $17.90 509 732 1,241 E $16.15 622 907 1,529 F $17.15 482 657 1,139 D $16.90 506 722 1,228 E $7.90 418 1,063 1,481 F 0600 - 0700 $16.55 363 869 1,232 E $16.15 327 886 1,213 E $15.15 378 964 1,342 E $15.15 377 895 1,272 E $7.15 367 1,167 1,534 F 0700 - 0800 $11.90 341 1,176 1,517 F $11.90 332 1,167 1,499 F $12.65 354 1,288 1,642 F $10.90 363 1,206 1,569 F $6.70 323 1,095 1,418 F 0800 - 0900 $7.15 215 1,492 1,707 F $7.15 226 1,408 1,634 F $7.15 235 1,360 1,595 F $7.90 201 1,428 1,629 F $5.15 193 1,079 1,272 E 0900 - 1000 $4.05 155 1,046 1,201 E $5.05 170 1,187 1,357 F $3.95 152 1,101 1,253 E $3.95 168 1,262 1,430 F $4.05 139 795 934 C 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 $6.55 407 1,041 1,448 F $6.55 396 1,036 1,432 F $6.55 429 1,073 1,502 F 0500 - 0600 $17.90 492 836 1,328 E $16.15 603 874 1,477 F $17.15 497 661 1,158 D 0600 - 0700 $16.55 298 970 1,268 E $16.15 306 752 1,058 D $15.15 380 987 1,367 F 0700 - 0800 $11.90 325 1,307 1,632 F $11.90 370 1,236 1,606 F $12.65 350 1,236 1,586 F 0800 - 0900 $7.15 202 1,308 1,510 F $7.15 215 1,392 1,607 F $7.15 197 1,270 1,467 F 0900 - 1000 $4.05 175 1,052 1,227 E $5.05 157 1,073 1,230 E $3.95 131 886 1,017 D 10/18/18 10/24/18 Thursday 10/25/18 Friday 10/19/18Monday10/15/18 Tuesday 10/16/18 Thursday 11/01/18 Friday 11/02/18Monday10/29/18 Tuesday 10/30/18 Wednesday 10/31/18 Wednesday 10/17/18 Thursday Monday 10/22/18 Tuesday 10/23/18 Wednesday Wednesday 10/03/18 Thursday 10/04/18 Friday 10/05/18Monday10/01/18 Tuesday 10/02/18 10/11/18 Friday 10/12/18Monday10/08/18 Tuesday 10/09/18 Wednesday 10/10/18 Thursday Friday 10/26/18 17 Westbound AM Peak - I-15 North to County Line 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 $5.05 240 744 984 C $5.05 252 728 980 C $5.05 245 717 962 C $5.05 231 690 921 C $2.85 183 600 783 B 0500 - 0600 $16.40 342 984 1,326 E $14.40 335 986 1,321 E $14.40 354 1,106 1,460 F $12.40 359 1,038 1,397 E $5.15 114 299 413 B 0600 - 0700 $15.40 320 1,097 1,417 F $13.40 312 1,120 1,432 F $15.40 327 982 1,309 E $13.40 340 948 1,288 E $6.65 279 886 1,165 D 0700 - 0800 $11.40 245 1,120 1,365 E $9.40 275 1,193 1,468 F $11.40 243 1,134 1,377 E $10.40 255 1,200 1,455 F $5.15 220 1,025 1,245 E 0800 - 0900 $6.50 134 1,184 1,318 E $6.50 144 1,230 1,374 E $6.50 144 1,229 1,373 E $6.65 125 1,123 1,248 E $5.15 128 919 1,047 D 0900 - 1000 $5.05 121 801 922 C $5.15 89 926 1,015 D $5.15 120 832 952 C $5.15 107 813 920 C $2.85 124 691 815 C 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 $5.05 234 738 972 C $5.05 252 756 1,008 D $5.05 236 716 952 C $5.05 227 661 888 C $2.85 187 585 772 B 0500 - 0600 $16.40 280 929 1,209 E $14.40 357 1,008 1,365 E $14.40 331 1,073 1,404 F $12.40 363 1,074 1,437 F $5.15 334 949 1,283 E 0600 - 0700 $15.40 307 1,077 1,384 E $13.40 314 1,090 1,404 F $15.40 326 1,053 1,379 E $13.40 346 1,059 1,405 F $6.65 304 868 1,172 D 0700 - 0800 $11.40 183 1,045 1,228 E $9.40 258 1,173 1,431 F $11.40 254 1,173 1,427 F $10.40 237 1,202 1,439 F $5.15 173 870 1,043 D 0800 - 0900 $6.50 109 924 1,033 D $6.50 153 1,248 1,401 F $6.50 152 1,281 1,433 F $6.65 143 1,158 1,301 E $5.15 132 857 989 C 0900 - 1000 $5.05 95 635 730 B $5.15 96 778 874 C $5.15 130 930 1,060 D $5.15 98 840 938 C $2.85 99 575 674 B 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 $5.05 238 757 995 C $5.05 238 739 977 C $5.05 247 645 892 C $5.05 257 746 1,003 D $2.85 190 639 829 C 0500 - 0600 $16.40 348 966 1,314 E $14.40 354 978 1,332 E $14.40 331 1,085 1,416 F $12.40 370 1,078 1,448 F $5.15 267 1,021 1,288 E 0600 - 0700 $15.40 342 1,099 1,441 F $13.40 329 1,142 1,471 F $15.40 345 1,007 1,352 E $13.40 353 1,034 1,387 E $6.65 275 937 1,212 E 0700 - 0800 $11.40 246 1,142 1,388 E $9.40 254 1,134 1,388 E $11.40 237 1,131 1,368 E $10.40 236 1,172 1,408 F $5.15 173 921 1,094 D 0800 - 0900 $6.50 126 1,054 1,180 D $6.50 142 1,227 1,369 E $6.50 137 1,116 1,253 E $6.65 146 1,101 1,247 E $5.15 118 844 962 C 0900 - 1000 $5.05 100 762 862 C $5.15 97 812 909 C $5.15 115 880 995 C $5.15 130 947 1,077 D $2.85 122 618 740 B 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 $5.05 260 763 1,023 D $5.05 256 741 997 C $5.05 252 736 988 C $5.05 219 663 882 C $2.85 195 618 813 C 0500 - 0600 $16.40 328 994 1,322 E $14.40 373 951 1,324 E $14.40 351 1,048 1,399 E $12.40 364 1,057 1,421 F $5.15 239 1,027 1,266 E 0600 - 0700 $15.40 342 1,088 1,430 F $13.40 337 1,079 1,416 F $15.40 336 961 1,297 E $13.40 362 900 1,262 E $6.65 292 931 1,223 E 0700 - 0800 $11.40 255 1,095 1,350 E $9.40 260 1,148 1,408 F $11.40 254 1,181 1,435 F $10.40 251 1,181 1,432 F $5.15 175 876 1,051 D 0800 - 0900 $6.50 151 1,186 1,337 E $6.50 151 1,305 1,456 F $6.50 143 1,150 1,293 E $6.65 145 1,205 1,350 E $5.15 119 828 947 C 0900 - 1000 $5.05 98 775 873 C $5.15 112 884 996 C $5.15 123 893 1,016 D $5.15 112 894 1,006 D $2.85 104 595 699 B 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 $5.05 243 801 1,044 D $5.05 243 728 971 C $5.05 242 693 935 C 0500 - 0600 $16.40 360 939 1,299 E $14.40 361 954 1,315 E $14.40 355 1,077 1,432 F 0600 - 0700 $15.40 268 1,107 1,375 E $13.40 332 1,008 1,340 E $15.40 365 1,051 1,416 F 0700 - 0800 $11.40 201 1,133 1,334 E $9.40 261 1,177 1,438 F $11.40 250 1,120 1,370 E 0800 - 0900 $6.50 138 1,065 1,203 E $6.50 162 1,306 1,468 F $6.50 124 1,036 1,160 D 0900 - 1000 $5.05 104 747 851 C $5.15 106 859 965 C $5.15 101 707 808 C Friday 10/12/18Monday10/08/18 Tuesday 10/09/18 Monday 10/29/18 Tuesday 10/30/18 Thursday 10/18/18 Friday 10/19/18 Wednesday 10/31/18 Thursday 11/01/18 Friday 11/02/18 Monday 10/15/18 Tuesday 10/16/18 Wednesday 10/17/18 Wednesday 10/10/18 Thursday Thursday 10/04/18 10/11/18 Monday 10/22/18 Tuesday 10/23/18 Wednesday 10/24/18 Thursday 10/25/18 Friday 10/26/18 Monday 10/01/18 Tuesday 10/02/18 Wednesday 10/03/18 Friday 10/05/18 18 RCTC O P ERATIONAL HIGHLIGHTS On-road Operations RCTC Freeway Service Patrol (FSP) responded to 90 calls during the month of October. Of those calls, 57 were to assist disabled vehicles, 12 were to remove debris, 12 were for traffic breaks, and 9 were in response to accidents. 19 FINANCIAL HIGHLIGHTS RCTC 20 JOINT AGENCY TRIP AN D REVENUE STATISTICS JOINT AGENCY TRAFFIC STATISTICS MULTI AGENCY TRIP AND REVENUE STATISTICS MONTH ENDING October 31, 2018 Oct-18 MTD Transactions by Agency Transactions Using Both Segments % Using Both Segments Revenue Westbound OCTA 729,270 458,500 63%1,846,736$ RCTC 718,391 458,500 64%3,198,288$ I-15 313,683 210,266 67%1,458,588$ McKinley 404,708 248,234 61%1,739,700$ Eastbound OCTA 775,986 419,017 54%2,711,169$ RCTC 593,547 419,017 71%1,715,346$ I-15 216,471 169,047 78%482,259$ McKinley 377,076 249,970 66%1,233,087$ 63%54%64%71% - 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 900,000 OCTA RCTC OCTA RCTC Westbound Eastbound Joint Agency Traffic Statistics OCTA Transactions RCTC Transactions % of OCTA Transactions Using Both Segments % of RCTC Transactions Using Both Segments 21 JOINT AGENCY PER FORMANCE MEASURES JOINT AGENCY TRANSPONDER DISTRIBU TION Oct-18 Performance CUSTOMER SERVICE Call Wait Time Monthly Not to exceed 2 minutes 1:23 Abandon Rate Monthly No more than 4.0% 2.0% Customer Satisfaction Monthly At least 75 outbound calls 75 Convert Violators to Customers Quarterly 8% or more 30% Convert Violators to Customers Annually 10% or more 29% VIOLATION PROCESSING Response Time Monthly Within 2 business days of receipt 1.2 **CUSA Violation Collection Rate Quarterly 70% or more NA CUSA Violation Collection Rate Annually 74% or more 66% TRAFFIC OPERATIONS Initial & Secondary Reviews Monthly Equal to or less than 15 days 1.8 *Plate Misread Errors Monthly Equal to or less than 0.4% 0.01% CAS Response Time Monthly 0:20 (minutes) per call 0:08 ACCOUNTING Monthly No more than 3 0 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 REPORTING REQUIREMENT Reporting P eriod PERFORMANCE STANDARD OCTA Exceptions RCTC Exceptions * Plate Misread Error performance is current after a 60-day hold-back period; therefore, percentage reported here is for 2 months prior to the month of this report. Tags % of Total Tags % of Total Issued To New Accounts 1,441 43.0%1,590 46.6%1,670 45.1% Additional Tags to Existing Accounts 915 27.3%871 25.5%953 25.8% Replacement Transponders 998 29.8%954 27.9%1,076 29.1% Total Issued 3,354 3,415 3,699 Returned Account Closures 382 25.1%478 27.9%436 25.9% Accounts Downsizing 309 20.3%216 12.6%220 13.0% Defective Transponders 833 54.7%1,019 59.5%1,029 61.1% Total Returned 1,524 1,713 1,684 FY 2018-19TRANSPONDER DISTRIBUTION October-18 September-18 Average To-Date 22 At the end of October 2018, the 91 Express Lanes had 143,889 active customer accounts, and 218,983 transponders classified as Assigned. Number of Accounts by Fiscal Year As of October 31, 2018 Incoming Email Activity During October, the Anaheim Processing Center received 3,111 emails. 117,888 114,556 114,138 112,584 112,473 112,929 113,672 116,813 119,782 130,048 140,694 143,889 60,000 70,000 80,000 90,000 100,000 110,000 120,000 130,000 140,000 150,000 160,000 Fiscal Year ATTACHMENT E Orange County Transportation Authority Riverside County Transportation Commission Status Report November 2018 As of November 30, 2018 2 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 ...................................................................................... 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 .......................................................................................11 RCTC Peak-Hour Volumes .......................................................................................................13 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 Number of Accounts by Fiscal Year ..........................................................................................22 Incoming Email Activity .............................................................................................................22 3 OPERATIONS OVERVIEW OCTA TRAFFIC AND REVENUE STATIST ICS FOR OCTA Total traffic volume on the OCTA 91 Express Lanes for November 2018 was 1,415,344. This represents a daily average of 47,178. This is a 5.5% increase in total traffic volume from the same period last year when traffic levels totaled 1,341,424. Potential toll revenue for the month was $4,255,226 which represents an increase of 5.8% from the prior year’s total of $4,029,424. Carpool percentage for the month was 26.65% as compared to the previous year’s rate of 25.2%. Month-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 month of November 2018. Current Month-to-Date (MTD) as of November 30, 2018 Trips Nov-18 MTD Actual Stantec MTD Projected # Variance % Variance Nov-17 MTD Actual Yr-to-Yr % Variance Full Toll Lanes 1,038,190 1,062,440 (24,250)(2.3%)1,003,409 3.5% 3+ Lanes 377,154 320,996 56,158 17.5%338,015 11.6% Total Gross Trips 1,415,344 1,383,436 31,908 2.3%1,341,424 5.5% Revenue Full Toll Lanes $4,186,694 $4,254,542 ($67,848)(1.6%)$3,962,952 5.6% 3+ Lanes $68,532 $81,164 ($3,742)(4.6%)$66,471 16.5% Total Gross Revenue $4,255,226 $4,335,707 ($71,590)(1.7%)$4,029,424 5.8% Average Revenue per Trip Average Full Toll Lanes $4.03 $4.00 $0.03 0.7%$3.95 2.1% Average 3+ Lanes $0.21 $0.25 ($0.05)(18.8%)$0.20 4.4% Average Gross Revenue $3.01 $3.13 ($0.12)(3.9%)$3.00 0.3% 4 The 2019 fiscal year-to-date traffic volume and revenue are both 6.5% higher when compared with the same period last year. Year-to-date average revenue per-trip is $2.98. 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 month s of July 2018 through November 2018. FY 201 8 -1 9 Year to Date as of November 3 0 , 201 8 Trips FY 2018-19 YTD Actual Stantec YTD Projected # Variance % Variance FY 2017-18 YTD Actual Yr-to-Yr % Variance Full Toll Lanes 5,453,910 5,531,356 (77,446)(1.4%)5,218,436 4.5% 3+ Lanes 1,934,417 1,677,904 256,513 15.3%1,717,624 12.6% Total Gross Trips 7,388,327 7,209,260 179,067 2.5%6,936,060 6.5% Revenue Full Toll Lanes $21,611,559 $22,008,223 ($87,630)(0.4%)$20,297,571 6.5% 3+ Lanes $374,259 $419,779 ($9,724)(2.3%)$355,554 5.3% Total Gross Revenue $21,985,819 $22,428,001 ($97,354)(0.4%)$20,653,125 6.5% Average Revenue per Trip Average Full Toll Lanes $3.96 $3.98 ($0.02)(0.4%)$3.89 1.9% Average 3+ Lanes $0.19 $0.25 ($0.06)(22.7%)$0.21 (6.5%) Average Gross Revenue $2.98 $3.11 ($0.14)(4.3%)$2.98 (0.1%) 5 O CTA Traffic and Revenue Summary The chart below reflects the total trips breakdown between Full Toll trips and HOV3+ trips for FY 2018-19 on a monthly basis. The chart below reflects the gross potential revenue breakdown between Full Toll trips and HOV3+ trips for FY 2018-19 on a monthly basis. 1,069,688 1,161,329 1,049,290 1,135,413 1,038,190 413,104 406,156 368,160 369,843 377,154 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 1,800,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Volume Month FY 2018-19 Traffic Volume Overview Full Toll Lanes 3+ Lanes $4,214,894 $4,624,936 $4,104,552 $4,480,483 $4,186,694 $78,927 $84,776 $64,603 $77,422 $68,532 $2,500,000 $3,000,000 $3,500,000 $4,000,000 $4,500,000 $5,000,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Revenue Month FY 2018-19 Revenue Summary Full Toll Lanes 3+ Lanes 6 Peak traffic hour in the eastbound direction reached or exceeded 90% or more of defined capacity 19 times during the month of November 2018. As demonstrated on the next chart, westbound peak hour traffic volumes top out at 78% of defined capacity. OCTA EASTBOUND PEAK -HOUR VOLUMES PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.20 438 3,307 97%$5.35 533 3,395 100% 1500 - 1600 $6.00 693 3,455 102%$9.65 733 2,841 84% 1600 - 1700 $9.30 477 2,610 77%$9.45 493 2,735 80% 1700 - 1800 $9.20 537 2,833 83%$6.90 547 2,896 85% 1800 - 1900 $4.75 693 2,848 84%$6.40 755 2,946 87% 1900 - 2000 $5.50 622 2,293 67%$5.95 692 2,388 70% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 421 2,650 78%$5.05 432 3,030 89%$5.05 451 2,971 87%$5.20 464 3,234 95%$5.35 501 3,309 97% 1500 - 1600 $5.40 664 3,077 91%$5.65 651 2,855 84%$6.25 639 3,276 96%$6.00 624 2,953 87%$9.65 675 2,606 77% 1600 - 1700 $5.25 486 2,946 87%$5.50 445 2,939 86%$6.75 491 2,831 83%$9.30 462 2,473 73%$9.45 499 2,757 81% 1700 - 1800 $5.20 621 3,165 93%$5.40 543 2,879 85%$6.90 504 2,519 74%$9.20 579 2,824 83%$6.90 619 2,856 84% 1800 - 1900 $5.40 714 2,832 83%$3.85 735 3,102 91%$3.85 588 2,532 74%$4.75 702 2,787 82%$6.40 774 2,826 83% 1900 - 2000 $3.75 517 2,041 60%$3.75 629 2,495 73%$3.75 407 1,590 47%$5.50 719 2,729 80%$5.95 656 2,246 66% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 480 2,135 63%$5.05 432 2,814 83%$5.05 438 2,861 84%$5.20 454 3,224 95%$5.35 519 3,403 100% 1500 - 1600 $5.40 669 2,789 82%$5.65 647 2,803 82%$6.25 616 3,095 91%$6.00 637 3,269 96%$9.65 692 2,669 79% 1600 - 1700 $5.25 483 2,504 74%$5.50 450 2,856 84%$6.75 438 2,728 80%$9.30 446 2,524 74%$9.45 464 2,674 79% 1700 - 1800 $5.20 590 2,491 73%$5.40 607 3,010 89%$6.90 490 2,592 76%$9.20 609 2,814 83%$6.90 564 2,806 83% 1800 - 1900 $5.40 590 1,953 57%$3.85 710 3,035 89%$3.85 719 3,176 93%$4.75 704 2,976 88%$6.40 750 2,788 82% 1900 - 2000 $3.75 467 1,417 42%$3.75 552 2,198 65%$3.75 641 2,515 74%$5.50 604 2,387 70%$5.95 734 2,581 76% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 507 2,782 82%$5.05 613 3,166 93%$7.30 615 3,241 95%$5.20 748 1,809 53%$4.85 460 1,371 40% 1500 - 1600 $5.40 660 2,981 88%$5.65 541 2,306 68%$8.35 619 2,676 79%$4.85 646 1,587 47%$4.85 449 1,319 39% 1600 - 1700 $5.25 501 2,828 83%$5.50 516 2,758 81%$8.35 610 2,631 77%$4.85 693 1,549 46%$4.85 446 1,246 37% 1700 - 1800 $5.20 589 2,873 85%$5.40 624 2,838 83%$8.35 646 2,479 73%$4.85 758 1,671 49%$4.85 423 1,154 34% 1800 - 1900 $5.40 707 2,758 81%$3.85 705 2,851 84%$5.90 578 1,970 58%$5.20 742 1,522 45%$4.85 411 968 28% 1900 - 2000 $3.75 582 1,998 59%$3.75 704 2,500 74%$5.65 525 1,617 48%$5.20 917 1,732 51%$4.85 386 835 25% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 446 2,649 78%$5.05 439 2,955 87%$5.05 449 2,828 83%$5.20 382 2,755 81%$5.35 555 3,508 103% 1500 - 1600 $5.40 646 3,037 89%$5.65 690 2,856 84%$6.25 687 3,246 95%$6.00 596 2,992 88%$9.65 697 2,643 78% 1600 - 1700 $5.25 471 2,860 84%$5.50 463 2,960 87%$6.75 528 3,053 90%$9.30 381 2,236 66%$9.45 434 2,672 79% 1700 - 1800 $5.20 609 2,910 86%$5.40 594 3,003 88%$6.90 530 2,666 78%$9.20 487 2,274 67%$6.90 620 2,844 84% 1800 - 1900 $5.40 689 2,786 82%$3.85 713 2,962 87%$3.85 671 2,941 87%$4.75 623 2,542 75%$6.40 708 2,837 83% 1900 - 2000 $3.75 447 1,732 51%$3.75 573 2,275 67%$3.75 716 2,797 82%$5.50 445 1,702 50%$5.95 659 2,263 67% Monday 10/29/18 Tuesday 10/30/18 Wednesday 10/31/18 Thursday 11/01/18 Friday 11/02/18 Monday 11/05/18 Tuesday 11/06/18 Wednesday 11/07/18 Thursday 11/08/18 Friday 11/09/18 Monday 11/12/18 Tuesday 11/13/18 Wednesday 11/14/18 Thursday 11/15/18 Friday 11/16/18 Monday 11/19/18 Tuesday 11/20/18 Wednesday 11/21/18 Thursday 11/22/18 Friday 11/23/18 Monday 11/26/18 Tuesday 11/27/18 Wednesday 11/28/18 Thursday 11/29/18 Friday 11/30/18 7 OCTA W ESTBOUND PEAK -HOUR V OLUMES AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 755 2,357 69%$3.00 678 1,960 58% 0500 - 0600 $4.85 824 2,382 70%$4.60 739 2,419 71% 0600 - 0700 $5.05 645 2,069 61%$4.85 602 1,924 57% 0700 - 0800 $5.55 481 2,098 62%$5.40 452 1,830 54% 0800 - 0900 $5.05 306 1,864 55%$4.85 308 1,709 50% 0900 - 1000 $4.00 290 2,193 65%$4.00 294 1,601 47% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 740 2,276 67%$3.00 792 2,470 73%$3.00 734 2,358 69%$3.00 746 2,281 67%$3.00 668 2,031 60% 0500 - 0600 $4.85 881 2,464 72%$4.85 867 2,508 74%$4.85 845 2,376 70%$4.85 833 2,405 71%$4.60 774 2,379 70% 0600 - 0700 $5.05 587 2,018 59%$5.05 596 2,174 64%$5.05 641 2,064 61%$5.05 697 2,174 64%$4.85 628 2,028 60% 0700 - 0800 $5.55 512 2,186 64%$5.55 492 2,202 65%$5.55 506 2,262 67%$5.55 525 2,378 70%$5.40 427 1,794 53% 0800 - 0900 $5.05 347 2,160 64%$5.05 325 2,138 63%$5.05 311 1,950 57%$5.05 322 2,038 60%$4.85 326 1,780 52% 0900 - 1000 $4.00 314 2,096 62%$4.00 287 2,242 66%$4.00 301 2,040 60%$4.00 284 2,124 62%$4.00 274 1,601 47% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 475 1,463 43%$3.00 782 2,399 71%$3.00 798 2,447 72%$3.00 795 2,391 70%$3.00 709 1,981 58% 0500 - 0600 $4.85 525 1,579 46%$4.85 891 2,497 73%$4.85 816 2,377 70%$4.85 855 2,536 75%$4.60 763 2,467 73% 0600 - 0700 $5.05 331 1,246 37%$5.05 617 2,052 60%$5.05 636 2,166 64%$5.05 588 2,133 63%$4.85 585 1,959 58% 0700 - 0800 $5.55 292 1,207 36%$5.55 514 2,146 63%$5.55 471 2,193 65%$5.55 502 2,167 64%$5.40 406 1,803 53% 0800 - 0900 $5.05 283 1,245 37%$5.05 332 2,149 63%$5.05 322 1,941 57%$5.05 372 2,027 60%$4.85 312 1,734 51% 0900 - 1000 $4.00 453 1,944 57%$4.00 326 2,158 63%$4.00 287 1,961 58%$4.00 319 2,135 63%$4.00 280 1,731 51% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 774 2,493 73%$3.00 766 2,377 70%$3.00 722 1,959 58%$1.65 56 110 3%$1.65 92 219 6% 0500 - 0600 $4.85 853 2,479 73%$4.85 904 2,551 75%$5.05 785 2,356 69%$1.65 54 147 4%$1.65 133 362 11% 0600 - 0700 $5.05 525 2,021 59%$5.05 479 1,895 56%$5.20 450 1,826 54%$1.65 49 159 5%$2.45 135 434 13% 0700 - 0800 $5.55 456 2,037 60%$5.55 429 1,849 54%$5.65 401 1,595 47%$1.65 84 240 7%$3.00 131 457 13% 0800 - 0900 $5.05 422 2,121 62%$5.05 407 1,938 57%$5.65 337 1,662 49%$1.65 154 403 12%$3.00 156 614 18% 0900 - 1000 $4.00 425 2,082 61%$4.00 401 2,041 60%$5.20 355 1,403 41%$2.45 320 701 21%$3.75 331 953 28% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 838 2,577 76%$3.00 796 2,418 71%$3.00 787 2,470 73%$3.00 752 2,329 69%$3.00 698 2,031 60% 0500 - 0600 $4.85 895 2,522 74%$4.85 975 2,635 78%$4.85 844 2,408 71%$4.85 793 2,391 70%$4.60 766 2,363 70% 0600 - 0700 $5.05 597 2,056 60%$5.05 575 1,999 59%$5.05 630 2,097 62%$5.05 590 1,989 59%$4.85 591 1,919 56% 0700 - 0800 $5.55 453 1,960 58%$5.55 500 2,149 63%$5.55 510 2,205 65%$5.55 428 1,859 55%$5.40 412 1,805 53% 0800 - 0900 $5.05 360 2,007 59%$5.05 346 2,229 66%$5.05 371 2,146 63%$5.05 307 1,874 55%$4.85 311 1,867 55% 0900 - 1000 $4.00 314 1,974 58%$4.00 305 2,149 63%$4.00 290 2,199 65%$4.00 273 1,839 54%$4.00 261 1,611 47% Monday 10/29/18 Tuesday 10/30/18 Wednesday 10/31/18 Thursday 11/01/18 Friday 11/02/18 Monday 11/05/18 Tuesday 11/06/18 Wednesday 11/07/18 Thursday 11/08/18 Friday 11/09/18 Monday 11/12/18 Tuesday 11/13/18 Wednesday 11/14/18 Thursday 11/15/18 Friday 11/16/18 Monday 11/19/18 Tuesday 11/20/18 Wednesday 11/21/18 Monday 11/26/18 Tuesday 11/27/18 Wednesday 11/28/18 Thursday 11/29/18 Friday 11/30/18 Thursday 11/22/18 Friday 11/23/18 8 OCTA OPERATIONAL HIGHLIGHTS On-road Operations OCTA Customer Assistance Specialists (CAS) responded to 99 calls during the month of November. Of those calls, 80 were to assist disabled vehicles and 10 calls to remove debris. The CAS provided assistance to 6 accidents in the Express Lanes and 3 accidents originating from the SR91 general-purpose lanes. Electronic Toll and Traffic Management System Project Update An agreement with Kapsch TrafficCom USA, Inc., (Kapsch) was executed in June 2018 to provide toll lane system integrator services for the design, installation, operations, and maintenance of the electronic toll and traffic management system for the 91 Express Lanes. During the month of November, Kapsch has developed several project plans and documentations and held weekly coordination meetings with OCTA and Cofiroute in preparation for the transition to the new 6C protocol in 2019. It is anticipated OCTA lane system equipment at the gantries will be replaced in early spring 2019. 9 FINANCIAL HIGHLIGHTS OCTA Capital Asset Activity During the five months ending November 30, 2018, capital asset activities included $349, 599 for the Electronic Toll and Traffic Management system replacement project. 10 OPERATIONS OVERVIEW RCTC TRAFFIC AND REVENUE STATISTICS FOR RCTC Total traffic volume on the RCTC 91 Express Lanes for November 2018 was 1,226,885. This represents a daily average of 40,896. This is a 4.5% increase in total traffic volume from the same period last year when traffic levels totaled 1,173,903. Potential toll revenue for the month was $4,440,392 which represents an increase of 19.1% from the prior year’s total of $3,729,796. Carpool percentage for the month was 24.37% as compared to the previous year’s rate of 21.99%. Month-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 month of November 2018. Current Month-to-Date (MTD) as of November 30, 2018 Trips NOV-18 MTD Actual Stantec MTD Projected # Variance % Variance Nov-17 MTD Actual Yr-to-Yr % Variance Full Toll Lanes 927,903 624,457 303,446 48.6% 915,744 1.3% 3+ Lanes 298,982 226,329 72,653 32.1% 258,159 15.8% Total Gross Trips 1,226,885 850,786 376,099 44.2% 1,173,903 4.5% Revenue Full Toll Lanes $4,408,880 $1,856,172 $2,552,708 137.5% $3,701,519 19.1% 3+ Lanes $31,512 $0 $31,512 $28,277 11.4% Total Gross Revenue $4,440,392 $1,856,172 $2,584,220 139.2% $3,729,796 19.1% Average Revenue per Trip Average Full Toll Lanes $4.75 $2.97 $1.78 59.9% $4.04 17.6% Average 3+ Lanes $0.11 $0.00 $0.11 $0.11 0.0% Average Gross Revenue $3.62 $2.18 $1.44 66.1% $3.18 13.8% 11 The 2019 fiscal year-to-date (YTD) traffic volume is 6% higher when compared with the same period last year. The 2019 fiscal year-to-date revenue is 25.4% higher than for the same period last year. The traffic and revenue increases are attributed to higher demand and increase toll rates to manage the demand. Year-to-date average revenue per-trip is $3.59. 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 month s of July 2018 through November 2018. FY 2018-19 Year to Date as of November 30, 2018 Trips FY 2018-19 YTD Actual Stantec YTD Projected # Variance % Variance FY 2017-18 YTD Actual Yr-to-Yr % Variance Full Toll Lanes 4,886,478 3,116,014 1,770,464 56.8% 4,772,629 2.4% 3+ Lanes 1,541,321 1,084,343 456,978 42.1% 1,293,049 19.2% Total Gross Trips 6,427,799 4,200,357 2,227,442 53.0% 6,065,678 6.0% Revenue Full Toll Lanes $22,910,249 $9,342,729 $13,567,520 145.2% $18,257,926 25.5% 3+ Lanes $174,164 $0 $174,164 $153,280 13.6% Total Gross Revenue $23,084,413 $9,342,729 $13,741,684 147.1% $18,411,206 25.4% Average Revenue per Trip Average Full Toll Lanes $4.69 $3.00 $1.69 56.3% $3.83 22.5% Average 3+ Lanes $0.11 $0.00 $0.11 $0.12 (8.3%) Average Gross Revenue $3.59 $2.22 $1.37 61.7% $3.04 18.1% 12 RCTC Traffic and Revenue Summary The chart below reflects the total trips broken down between Full Toll lanes and HOV3+ lanes for FY 2018-19 on a monthly basis. The chart below reflects the gross potential revenue breakdown between Full Toll lanes and HOV3+ lanes for FY 2018-19 on a monthly basis. 958,212 1,043,813 942,845 1,013,705 927,903 325,279 323,925 294,904 298,233 298,982 0 175,000 350,000 525,000 700,000 875,000 1,050,000 1,225,000 1,400,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Volume Month FY 2018-19 Traffic Volume Overview Full Toll Lanes 3+ Lanes $4,450,594 $4,893,862 $4,278,176 $4,878,737 $4,408,880 $38,664 $39,292 $29,799 $34,897 $31,512 $2,000,000 $2,400,000 $2,800,000 $3,200,000 $3,600,000 $4,000,000 $4,400,000 $4,800,000 $5,200,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19RevenueMonth FY 2018-19 Revenue Summary Full Toll Lanes 3+ Lanes 13 RCTC PEAK -HOUR VOLUMES RCTC regularly evaluates traffic volumes for peak period hours where Express Lanes performance is degraded and either increases or decreases tolls. Toll rates were adjusted once in November to improve the level of service in the peak hours where demand exceeded capacity. Hours highlighted in green were increased and hours highlighted in red were decreased. Hours that are highlighted in yellow were flagged for continued evaluation. 14 RCTC E ASTBOUND PEAK -HOUR V OLUMES Eastbound PM Peak - County Line to McKinley 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 $7.55 229 1,269 1,498 E $16.40 332 1,197 1,529 E 1500 - 1600 $9.60 341 1,016 1,357 D $16.40 364 934 1,298 D 1600 - 1700 $8.55 196 786 982 C $11.40 233 901 1,134 C 1700 - 1800 $3.95 248 923 1,171 C $7.40 246 973 1,219 D 1800 - 1900 $3.95 304 888 1,192 C $5.05 311 958 1,269 D 1900 - 2000 $4.05 274 691 965 C $3.95 333 879 1,212 D 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 $4.05 240 1,012 1,252 E $5.15 227 1,093 1,320 F $5.15 259 1,139 1,398 F $7.55 256 1,275 1,531 F $16.40 321 1,196 1,517 F 1500 - 1600 $5.05 358 982 1,340 F $5.15 362 892 1,254 E $6.55 330 994 1,324 F $9.60 372 975 1,347 F $16.40 351 944 1,295 E 1600 - 1700 $4.05 224 911 1,135 D $4.05 193 921 1,114 D $3.95 240 970 1,210 E $8.55 224 942 1,166 D $11.40 258 1,019 1,277 E 1700 - 1800 $4.05 229 882 1,111 D $4.05 250 865 1,115 D $3.95 211 783 994 C $3.95 244 945 1,189 D $7.40 267 953 1,220 E 1800 - 1900 $4.05 292 754 1,046 D $4.05 318 857 1,175 D $3.95 273 796 1,069 D $3.95 311 934 1,245 E $5.05 369 954 1,323 F 1900 - 2000 $2.20 220 571 791 B $4.05 254 690 944 C $3.95 253 677 930 C $4.05 315 850 1,165 D $3.95 322 859 1,181 D 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 $4.05 252 803 1,055 D $5.15 227 946 1,173 D $5.15 260 1,099 1,359 F $7.55 267 1,186 1,453 F $17.70 311 1,193 1,504 F 1500 - 1600 $5.05 329 876 1,205 E $5.15 348 916 1,264 E $6.55 337 993 1,330 F $9.60 327 1,019 1,346 F $17.70 367 916 1,283 E 1600 - 1700 $4.05 219 858 1,077 D $4.05 206 946 1,152 D $3.95 213 928 1,141 D $8.55 211 853 1,064 D $11.40 237 891 1,128 D 1700 - 1800 $4.05 289 728 1,017 D $4.05 257 854 1,111 D $3.95 220 894 1,114 D $3.95 265 895 1,160 D $6.70 261 980 1,241 E 1800 - 1900 $4.05 278 585 863 C $4.05 289 914 1,203 E $3.95 298 962 1,260 E $3.95 384 1,218 1,602 F $6.70 342 899 1,241 E 1900 - 2000 $2.20 207 428 635 B $4.05 224 658 882 C $3.95 270 778 1,048 D $4.05 250 680 930 C $5.15 310 936 1,246 E 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 $4.05 288 1,122 1,410 F $5.15 331 1,194 1,525 F $13.65 615 2,366 2,981 F $4.05 393 766 1,159 D $4.05 233 510 743 B 1500 - 1600 $5.05 373 981 1,354 F $5.15 311 932 1,243 E $10.60 446 2,228 2,674 F $4.05 313 617 930 C $2.20 192 462 654 B 1600 - 1700 $4.05 258 964 1,222 E $4.05 264 1,011 1,275 E $8.55 751 2,352 3,103 F $4.05 352 638 990 C $2.20 216 404 620 B 1700 - 1800 $4.05 273 852 1,125 D $4.05 334 971 1,305 F $6.70 760 2,213 2,973 F $4.05 351 588 939 C $2.20 180 352 532 B 1800 - 1900 $4.05 296 804 1,100 D $4.05 329 920 1,249 E $4.05 418 1,044 1,462 F $4.05 349 498 847 C $2.20 174 260 434 B 1900 - 2000 $2.20 271 688 959 C $4.05 328 792 1,120 D $4.05 232 541 773 B $4.05 400 529 929 C $1.50 166 216 382 A 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 $4.05 227 1,006 1,233 E $5.15 225 1,046 1,271 E $5.15 257 1,090 1,347 F $7.55 205 1,034 1,239 E $17.70 291 1,163 1,454 F 1500 - 1600 $5.05 307 892 1,199 D $5.15 346 903 1,249 E $6.55 375 1,007 1,382 F $9.60 290 862 1,152 D $17.70 358 869 1,227 E 1600 - 1700 $4.05 222 842 1,064 D $4.05 199 930 1,129 D $3.95 230 974 1,204 E $8.55 148 748 896 C $11.40 195 939 1,134 D 1700 - 1800 $4.05 242 801 1,043 D $4.05 240 898 1,138 D $3.95 239 852 1,091 D $3.95 186 676 862 C $6.70 275 897 1,172 D 1800 - 1900 $4.05 293 705 998 C $4.05 272 859 1,131 D $3.95 279 887 1,166 D $3.95 236 762 998 C $6.70 347 866 1,213 E 1900 - 2000 $2.20 184 510 694 B $4.05 216 669 885 C $3.95 286 841 1,127 D $4.05 190 547 737 B $5.15 294 773 1,067 D 11/15/18 11/21/18 Thursday 11/22/18 Friday 11/16/18Monday11/12/18 Tuesday 11/13/18 Thursday 11/29/18 Friday 11/30/18Monday11/26/18 Tuesday 11/27/18 Wednesday 11/28/18 Wednesday 11/14/18 Thursday Monday 11/19/18 Tuesday 11/20/18 Wednesday Wednesday 10/31/18 Thursday 11/01/18 Friday 11/02/18Monday10/29/18 Tuesday 10/30/18 11/08/18 Friday 11/09/18Monday11/05/18 Tuesday 11/06/18 Wednesday 11/07/18 Thursday Friday 11/23/18 15 Eastbound PM Peak - County Line to I-15 South 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 $5.05 114 777 891 C $5.15 129 784 913 C 1500 - 1600 $5.15 184 696 880 C $2.80 163 582 745 B 1600 - 1700 $2.80 118 590 708 B $2.85 121 562 683 B 1700 - 1800 $2.85 125 581 706 B $2.85 127 586 713 B 1800 - 1900 $2.85 144 538 682 B $2.85 180 556 736 B 1900 - 2000 $2.85 145 466 611 B $2.85 160 399 559 B 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 $2.85 104 649 753 B $5.15 108 731 839 C $5.05 118 714 832 C $5.05 122 791 913 C $5.15 135 738 873 C 1500 - 1600 $2.85 180 674 854 C $2.80 150 605 755 B $5.15 156 650 806 C $5.15 140 668 808 C $2.80 171 574 745 B 1600 - 1700 $2.85 106 645 751 B $2.85 119 595 714 B $2.85 122 633 755 B $2.80 129 551 680 B $2.85 104 571 675 B 1700 - 1800 $2.85 140 614 754 B $2.85 118 547 665 B $2.85 119 511 630 B $2.85 142 590 732 B $2.85 133 543 676 B 1800 - 1900 $2.85 154 508 662 B $2.85 153 601 754 B $2.85 132 491 623 B $2.85 142 561 703 B $2.85 171 493 664 B 1900 - 2000 $2.85 116 361 477 B $2.85 143 532 675 B $2.85 157 454 611 B $2.85 170 562 732 B $2.85 159 449 608 B 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 $2.85 145 502 647 B $5.15 116 638 754 B $5.05 103 658 761 B $5.05 117 806 923 C $5.15 141 754 895 C 1500 - 1600 $2.85 192 609 801 C $2.80 152 603 755 B $5.15 157 635 792 B $5.15 152 707 859 C $2.80 181 632 813 C 1600 - 1700 $2.85 127 554 681 B $2.85 105 607 712 B $2.85 106 616 722 B $2.80 124 586 710 B $2.85 113 583 696 B 1700 - 1800 $2.85 131 484 615 B $2.85 142 575 717 B $2.85 123 515 638 B $2.85 139 516 655 B $2.85 158 552 710 B 1800 - 1900 $2.85 155 399 554 B $2.85 161 558 719 B $2.85 162 584 746 B $2.85 82 238 320 A $2.85 151 537 688 B 1900 - 2000 $2.85 135 285 420 B $2.85 140 444 584 B $2.85 168 499 667 B $2.85 146 526 672 B $2.85 190 541 731 B 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 $2.85 142 664 806 C $5.15 171 684 855 C $2.85 42 125 167 A $2.85 189 357 546 B $1.90 128 283 411 B 1500 - 1600 $2.85 178 659 837 C $2.80 128 542 670 B $2.85 109 304 413 B $2.85 169 342 511 B $1.90 139 261 400 A 1600 - 1700 $2.85 141 620 761 B $2.85 158 591 749 B $2.85 23 44 67 A $2.85 185 346 531 B $1.90 125 214 339 A 1700 - 1800 $2.85 139 538 677 B $2.85 162 564 726 B $2.85 13 42 55 A $2.85 249 337 586 B $1.90 136 217 353 A 1800 - 1900 $2.85 156 489 645 B $2.85 172 542 714 B $2.85 110 292 402 B $2.85 277 314 591 B $1.90 118 157 275 A 1900 - 2000 $2.85 161 406 567 B $2.85 201 510 711 B $2.85 140 304 444 B $2.85 361 331 692 B $1.90 117 135 252 A 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 $2.85 117 646 763 B $5.15 125 716 841 C $5.05 108 653 761 B $5.05 108 643 751 B $5.15 137 762 899 C 1500 - 1600 $2.85 162 634 796 B $2.80 163 611 774 B $5.15 175 681 856 C $5.15 120 632 752 B $2.80 158 574 732 B 1600 - 1700 $2.85 122 537 659 B $2.85 108 636 744 B $2.85 128 694 822 C $2.80 98 520 618 B $2.85 118 581 699 B 1700 - 1800 $2.85 133 591 724 B $2.85 113 611 724 B $2.85 124 517 641 B $2.85 89 427 516 B $2.85 126 533 659 B 1800 - 1900 $2.85 136 522 658 B $2.85 123 495 618 B $2.85 130 569 699 B $2.85 132 433 565 B $2.85 161 521 682 B 1900 - 2000 $2.85 109 355 464 B $2.85 136 502 638 B $2.85 172 595 767 B $2.85 95 372 467 B $2.85 148 455 603 B Friday 11/09/18Monday11/05/18 Tuesday 11/06/18 Monday 11/26/18 Tuesday 11/27/18 Thursday 11/15/18 Friday 11/16/18 Wednesday 11/28/18 Thursday 11/29/18 Friday 11/30/18 Monday 11/12/18 Tuesday 11/13/18 Wednesday 11/14/18 Wednesday 11/07/18 Thursday Thursday 11/01/18 11/08/18 Monday 11/19/18 Tuesday 11/20/18 Wednesday 11/21/18 Thursday 11/22/18 Friday 11/23/18 Monday 10/29/18 Tuesday 10/30/18 Wednesday 10/31/18 Friday 11/02/18 16 RCTC W ESTBOUND PEAK -HOUR V OLUMES Westbound AM Peak - McKinley to County Line 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 $6.55 392 1,089 1,481 E $3.95 366 754 1,120 C 0500 - 0600 $16.90 442 737 1,179 C $7.90 424 1,103 1,527 E 0600 - 0700 $15.15 344 957 1,301 D $7.15 385 1,138 1,523 E 0700 - 0800 $10.90 344 1,211 1,555 E $6.70 317 1,163 1,480 E 0800 - 0900 $7.90 189 1,244 1,433 E $5.15 190 967 1,157 C 0900 - 1000 $3.95 175 1,333 1,508 E $4.05 148 742 890 C 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 $6.55 395 984 1,379 F $6.55 398 1,098 1,496 F $6.55 392 1,105 1,497 F $6.55 389 945 1,334 E $3.95 383 789 1,172 D 0500 - 0600 $17.90 548 867 1,415 F $16.15 566 870 1,436 F $17.15 480 662 1,142 D $16.90 474 720 1,194 D $7.90 455 1,025 1,480 F 0600 - 0700 $16.55 326 785 1,111 D $16.15 356 885 1,241 E $15.15 404 970 1,374 F $15.15 427 964 1,391 F $7.15 401 1,207 1,608 F 0700 - 0800 $11.90 339 1,213 1,552 F $11.90 322 1,324 1,646 F $12.65 380 1,343 1,723 F $10.90 363 1,555 1,918 F $6.70 319 1,092 1,411 F 0800 - 0900 $7.15 221 1,397 1,618 F $7.15 199 1,273 1,472 F $7.15 224 1,322 1,546 F $7.90 221 1,335 1,556 F $5.15 212 1,017 1,229 E 0900 - 1000 $4.05 183 1,057 1,240 E $5.05 172 1,219 1,391 F $3.95 150 1,017 1,167 D $3.95 186 1,090 1,276 E $4.05 164 740 904 C 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 $6.55 236 696 932 C $6.55 367 1,019 1,386 F $6.55 446 1,073 1,519 F $6.55 426 1,053 1,479 F $3.95 384 693 1,077 D 0500 - 0600 $18.90 340 583 923 C $17.45 569 834 1,403 F $18.45 490 655 1,145 D $18.20 501 704 1,205 E $7.90 484 1,092 1,576 F 0600 - 0700 $17.55 229 679 908 C $17.15 349 765 1,114 D $16.15 409 963 1,372 F $16.15 387 933 1,320 E $7.15 390 1,151 1,541 F 0700 - 0800 $13.20 231 753 984 C $13.20 335 1,192 1,527 F $13.95 335 1,274 1,609 F $12.20 341 1,292 1,633 F $6.70 301 1,146 1,447 F 0800 - 0900 $8.45 192 765 957 C $8.45 240 1,368 1,608 F $8.45 249 1,287 1,536 F $9.20 252 1,272 1,524 F $5.15 213 1,088 1,301 E 0900 - 1000 $4.05 210 702 912 C $5.05 183 1,175 1,358 F $3.95 166 981 1,147 D $3.95 192 1,178 1,370 F $4.05 140 760 900 C 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 $6.55 418 1,116 1,534 F $6.55 380 1,077 1,457 F $7.45 402 701 1,103 D $1.50 13 30 43 A $1.50 40 70 110 A 0500 - 0600 $18.90 529 900 1,429 F $17.45 587 995 1,582 F $6.70 445 1,090 1,535 F $1.50 22 39 61 A $1.50 71 132 203 A 0600 - 0700 $17.55 321 900 1,221 E $17.15 280 836 1,116 D $6.70 324 977 1,301 E $1.50 22 52 74 A $1.50 54 202 256 A 0700 - 0800 $13.20 307 1,213 1,520 F $13.20 307 1,154 1,461 F $6.70 257 970 1,227 E $1.50 44 80 124 A $1.50 77 237 314 A 0800 - 0900 $8.45 250 1,262 1,512 F $8.45 250 1,233 1,483 F $4.05 222 878 1,100 D $1.50 74 136 210 A $1.50 108 275 383 A 0900 - 1000 $4.05 215 997 1,212 E $5.05 199 918 1,117 D $2.20 197 659 856 C $2.20 142 215 357 A $2.20 145 322 467 B 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 $6.55 436 1,112 1,548 F $6.55 410 1,032 1,442 F $6.55 403 1,146 1,549 F $6.55 376 1,045 1,421 F $3.95 375 742 1,117 D 0500 - 0600 $18.90 553 922 1,475 F $17.45 590 875 1,465 F $18.45 526 712 1,238 E $18.20 421 648 1,069 D $7.90 461 981 1,442 F 0600 - 0700 $17.55 337 890 1,227 E $17.15 318 736 1,054 D $16.15 403 1,113 1,516 F $16.15 329 904 1,233 E $7.15 399 1,146 1,545 F 0700 - 0800 $13.20 335 1,164 1,499 F $13.20 361 1,189 1,550 F $13.95 363 1,256 1,619 F $12.20 314 1,071 1,385 F $6.70 302 1,135 1,437 F 0800 - 0900 $8.45 242 1,357 1,599 F $8.45 242 1,402 1,644 F $8.45 253 1,390 1,643 F $9.20 226 1,149 1,375 F $5.15 200 1,111 1,311 E 0900 - 1000 $4.05 160 1,037 1,197 D $5.05 174 1,252 1,426 F $3.95 170 1,175 1,345 E $3.95 172 1,173 1,345 E $4.05 133 773 906 C 11/15/18 11/21/18 Thursday 11/22/18 Friday 11/16/18Monday11/12/18 Tuesday 11/13/18 Thursday 11/29/18 Friday 11/30/18Monday11/26/18 Tuesday 11/27/18 Wednesday 11/28/18 Wednesday 11/14/18 Thursday Monday 11/19/18 Tuesday 11/20/18 Wednesday Wednesday 10/31/18 Thursday 11/01/18 Friday 11/02/18Monday10/29/18 Tuesday 10/30/18 11/08/18 Friday 11/09/18Monday11/05/18 Tuesday 11/06/18 Wednesday 11/07/18 Thursday Friday 11/23/18 17 Westbound AM Peak - I-15 North to County Line 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 $5.05 245 713 958 C $2.85 190 613 803 C 0500 - 0600 $12.40 374 1,083 1,457 E $5.15 235 1,009 1,244 D 0600 - 0700 $13.40 368 1,024 1,392 D $6.65 281 917 1,198 C 0700 - 0800 $10.40 223 1,156 1,379 D $5.15 174 870 1,044 C 0800 - 0900 $6.65 136 1,075 1,211 D $5.15 118 831 949 C 0900 - 1000 $5.15 112 864 976 C $2.85 112 629 741 B 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 $5.05 260 813 1,073 D $5.05 272 772 1,044 D $5.05 254 730 984 C $5.05 252 722 974 C $2.85 180 634 814 C 0500 - 0600 $16.40 375 975 1,350 E $14.40 340 1,029 1,369 E $14.40 381 1,065 1,446 F $12.40 365 1,061 1,426 F $5.15 322 990 1,312 E 0600 - 0700 $15.40 321 1,070 1,391 E $13.40 348 1,091 1,439 F $15.40 339 981 1,320 E $13.40 374 1,006 1,380 E $6.65 293 945 1,238 E 0700 - 0800 $11.40 250 1,163 1,413 F $9.40 243 1,198 1,441 F $11.40 245 1,233 1,478 F $10.40 241 1,249 1,490 F $5.15 168 884 1,052 D 0800 - 0900 $6.50 154 1,200 1,354 E $6.50 180 1,269 1,449 F $6.50 139 1,150 1,289 E $6.65 134 1,104 1,238 E $5.15 114 813 927 C 0900 - 1000 $5.05 103 862 965 C $5.15 104 966 1,070 D $5.15 102 841 943 C $5.15 120 882 1,002 D $2.85 88 563 651 B 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 $5.05 158 458 616 B $5.05 274 795 1,069 D $5.05 257 738 995 C $5.05 262 725 987 C $2.85 220 644 864 C 0500 - 0600 $17.40 216 666 882 C $15.40 355 1,029 1,384 E $15.70 324 1,029 1,353 E $13.70 378 1,107 1,485 F $5.15 283 1,016 1,299 E 0600 - 0700 $16.40 201 800 1,001 D $14.70 367 1,107 1,474 F $16.70 352 1,050 1,402 F $14.70 337 1,055 1,392 E $6.65 300 871 1,171 D 0700 - 0800 $12.40 123 645 768 B $10.70 265 1,185 1,450 F $12.70 245 1,232 1,477 F $11.70 241 1,168 1,409 F $5.15 179 930 1,109 D 0800 - 0900 $8.55 109 594 703 B $8.55 155 1,195 1,350 E $8.55 125 1,027 1,152 D $6.65 140 1,058 1,198 D $5.15 108 787 895 C 0900 - 1000 $5.05 137 507 644 B $5.15 118 875 993 C $5.15 121 827 948 C $5.15 93 877 970 C $2.85 90 596 686 B 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 $5.05 261 774 1,035 D $5.05 273 712 985 C $5.15 229 589 818 C $1.90 26 22 48 A $1.90 29 63 92 A 0500 - 0600 $17.40 366 969 1,335 E $15.40 382 991 1,373 E $8.55 332 811 1,143 D $1.90 18 49 67 A $1.90 42 125 167 A 0600 - 0700 $16.40 300 1,154 1,454 F $14.70 280 1,073 1,353 E $5.15 215 884 1,099 D $1.90 16 54 70 A $1.90 57 124 181 A 0700 - 0800 $12.40 220 1,165 1,385 E $10.70 189 928 1,117 D $2.85 141 758 899 C $1.90 31 67 98 A $1.90 47 130 177 A 0800 - 0900 $8.55 173 1,015 1,188 D $8.55 162 860 1,022 D $2.85 112 692 804 C $1.90 61 114 175 A $1.90 43 213 256 A 0900 - 1000 $5.05 154 618 772 B $5.15 147 665 812 C $2.85 95 468 563 B $1.90 121 217 338 A $1.90 105 288 393 A 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 $5.05 276 825 1,101 D $5.05 258 742 1,000 C $5.05 269 768 1,037 D $5.05 245 672 917 C $2.85 220 606 826 C 0500 - 0600 $17.40 375 1,000 1,375 E $15.40 412 1,049 1,461 F $15.70 357 1,050 1,407 F $13.70 300 1,057 1,357 E $5.15 306 893 1,199 D 0600 - 0700 $16.40 312 1,103 1,415 F $14.70 330 1,132 1,462 F $16.70 345 994 1,339 E $14.70 324 981 1,305 E $6.65 267 805 1,072 D 0700 - 0800 $12.40 211 1,068 1,279 E $10.70 237 1,125 1,362 E $12.70 242 1,181 1,423 F $11.70 189 868 1,057 D $5.15 159 874 1,033 D 0800 - 0900 $8.55 154 989 1,143 D $8.55 151 1,198 1,349 E $8.55 173 1,116 1,289 E $6.65 117 932 1,049 D $5.15 136 855 991 C 0900 - 1000 $5.05 123 727 850 C $5.15 102 795 897 C $5.15 118 833 951 C $5.15 57 443 500 B $2.85 97 601 698 B Friday 11/09/18Monday11/05/18 Tuesday 11/06/18 Monday 11/26/18 Tuesday 11/27/18 Thursday 11/15/18 Friday 11/16/18 Wednesday 11/28/18 Thursday 11/29/18 Friday 11/30/18 Monday 11/12/18 Tuesday 11/13/18 Wednesday 11/14/18 Wednesday 11/07/18 Thursday Thursday 11/01/18 11/08/18 Monday 11/19/18 Tuesday 11/20/18 Wednesday 11/21/18 Thursday 11/22/18 Friday 11/23/18 Monday 10/29/18 Tuesday 10/30/18 Wednesday 10/31/18 Friday 11/02/18 18 RCTC O P ERATIONAL HIGHLIGHTS On-road Operations RCTC Freeway Service Patrol (FSP) responded to 82 calls during the month of November. Of those calls, 56 were to assist disabled vehicles, 8 were to remove debris, 10 were for traffic breaks, and 8 were in response to accidents. 6C Transponder Technology Planning for the transition to the new transponder technology is underway. The lane system will be upgraded over a series of weekend with completion of that work expected by early spring 2019. The new sticker transponders have been received and are being prepared for distribution. Changes to the back office system to process the new transponders and make changes to the customer account plan are being finalized and will be released to the customer once both the RCTC and OCTA lane system upgrades are performed. A series of customer communication has been prepared to facilitate the process for providing the new transponders to customers. 19 FINANCIAL HIGHLIGHTS RCTC 20 JOINT AGENCY TRIP AN D REVENUE STATISTICS JOINT AGENCY TRAFFIC STATISTICS MULTI AGENCY TRIP AND REVENUE STATISTICS MONTH ENDING November 30, 2018 Nov-18 MTD Transactions by Agency Transactions Using Both Segments % Using Both Segments Revenue Westbound OCTA 684,793 429,667 63%1,735,050$ RCTC 659,672 429,667 65%2,803,117$ I-15 284,743 193,709 68%1,266,792$ McKinley 374,929 235,958 63%1,536,325$ Eastbound OCTA 730,551 398,432 55%2,520,176$ RCTC 567,213 398,432 70%1,637,275$ I-15 203,975 157,960 77%438,546$ McKinley 363,238 240,472 66%1,198,729$ 63%55%65%70% - 100,000 200,000 300,000 400,000 500,000 600,000 700,000 800,000 OCTA RCTC OCTA RCTC Westbound Eastbound Joint Agency Traffic Statistics OCTA Transactions RCTC Transactions % of OCTA Transactions Using Both Segments % of RCTC Transactions Using Both Segments 21 JOINT AGENCY PER FORMANCE MEASURES JOINT AGENCY TRANSPONDER DISTRIBU TION Tags % of Total Tags % of Total Issued To New Accounts 1,253 43.9%1,441 43.0%1,587 44.9% Additional Tags to Existing Accounts 809 28.3%915 27.3%924 26.2% Replacement Transponders 794 27.8%998 29.8%1,020 28.9% Total Issued 2,856 3,354 3,531 Returned Account Closures 321 28.4%382 25.1%413 26.3% Accounts Downsizing 129 11.4%309 20.3%201 12.8% Defective Transponders 679 60.1%833 54.7%959 60.9% Total Returned 1,129 1,524 1,573 FY 2018-19TRANSPONDER DISTRIBUTION November-18 October-18 Average To-Date 22 At the end of November 2018, the 91 Express Lanes had 144,359 active customer accounts, and 219,842 transponders classified as Assigned. Number of Accounts by Fiscal Year As of November 30, 2018 Incoming Email Activity During November, the Anaheim Processing Center received 2,528 emails. 117,888 114,556 114,138 112,584 112,473 112,929 113,672 116,813 119,782 130,048 140,694 144,359 60,000 70,000 80,000 90,000 100,000 110,000 120,000 130,000 140,000 150,000 160,000 Fiscal Year ATTACHMENT F Orange County Transportation Authority Riverside County Transportation Commission Status Report December 2018 As of December 31, 2018 2 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 ......................................................................... 15 RCTC Westbound Peak-Hour Volumes ........................................................................ 17 RCTC Operational Highlights ........................................................................................ 19 Financial Highlights RCTC ............................................................................................ 20 Joint Agency Trip and Revenue Statistics* .................................................................... 21 Joint Agency Performance Measures............................................................................ 21 Joint Agency Transponder Distribution.......................................................................... 22 Number of Accounts by Fiscal Year .............................................................................. 22 Incoming Email Activity ................................................................................................. 23 3 OPERATIONS OVERVIEW OCTA TRAFFIC AND REVENUE STATIST ICS FOR OCTA Total traffic volume on the OCTA 91 Express Lanes for December 2018 was 1,420,288. This represents a daily average of 45,816. This is a 4.8% increase in total traffic volume from the same period last year when traffic levels totaled 1,354,612. Potential toll revenue for the month was $4,082,589 which represents an increase of 4.7% from the prior year’s total of $3,901,082. Carpool percentage for the month was 28.22% as compared to the previous year’s rate of 26.72%. Month-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 month of December 2018. Current Month-to-Date (MTD) as of December 31, 2018 Trips Dec-18 MTD Actual Stantec MTD Projected # Variance % Variance Dec-17 MTD Actual Yr-to-Yr % Variance Full Toll Lanes 1,019,435 1,057,092 (37,657)(3.6%)992,583 2.7% 3+ Lanes 400,853 331,110 69,743 21.1%362,019 10.7% Total Gross Trips 1,420,288 1,388,201 32,087 2.3%1,354,612 4.8% Revenue Full Toll Lanes $4,006,933 $4,210,011 ($203,078)(4.8%)$3,829,052 4.6% 3+ Lanes $75,656 $80,315 ($4,659)(5.8%)$72,031 5.0% Total Gross Revenue $4,082,589 $4,290,326 ($207,737)(4.8%)$3,901,082 4.7% Average Revenue Per Trip Average Full Toll Lanes $3.93 $3.98 ($0.05)(1.3%)$3.86 1.8% Average 3+ Lanes $0.19 $0.24 ($0.05)(20.8%)$0.20 (5.0%) Average Revenue Per Trip $2.87 $3.09 ($0.22)(7.1%)$2.88 (0.3%) 4 The 2019 fiscal year-to-date traffic volume and revenue are both 6.2% higher when compared with the same period last year. Year-to-date average revenue per-trip is $2.96. 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 month s of July 2018 through December 2018. FY 2018-19 Year to Date as of December 31, 2018 Trips FY 2018-19 YTD Actual Stantec YTD Projected # Variance % Variance FY 2017-18 YTD Actual Yr-to-Yr % Variance Full Toll Lanes 6,473,345 6,588,447 (115,102)(1.7%)6,211,029 4.2% 3+ Lanes 2,335,270 2,009,014 326,256 16.2%2,079,643 12.3% Total Gross Trips 8,808,615 8,597,461 211,154 2.5%8,290,672 6.2% Revenue Full Toll Lanes $25,618,492 $26,218,234 ($599,742)(2.3%)$24,126,623 6.2% 3+ Lanes $449,916 $500,094 ($50,178)(10.0%)$427,585 5.2% Total Gross Revenue $26,068,408 $26,718,327 ($649,919)(2.4%)$24,554,208 6.2% Average Revenue Per Trip Average Full Toll Lanes $3.96 $3.98 ($0.02)(0.5%)$3.88 2.1% Average 3+ Lanes $0.19 $0.25 ($0.06)(24.0%)$0.21 (9.5%) Average Revenue Per Trip $2.96 $3.11 ($0.15)(4.8%)$2.96 0.0% 5 O CTA Traffic and Revenue Summary The chart below reflects the total trips breakdown between Full Toll trips and HOV3+ trips for FY 2018-19 on a monthly basis. The chart below reflects the gross potential revenue breakdown between Full Toll trips and HOV3+ trips for FY 2018-19 on a monthly basis. 1,069,688 1,161,329 1,049,290 1,135,413 1,038,190 1,019,435 413,104 406,156 368,160 369,843 377,154 400,853 0 200,000 400,000 600,000 800,000 1,000,000 1,200,000 1,400,000 1,600,000 1,800,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Volume Month FY 2018-19 Traffic Volume Overview Full Toll Lanes 3+ Lanes $4,214,894 $4,624,936 $4,104,552 $4,480,483 $4,186,694 $4,006,933 $78,927 $84,776 $64,603 $77,422 $68,532 $75,656 $2,500,000 $3,000,000 $3,500,000 $4,000,000 $4,500,000 $5,000,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Revenue Month FY 2018-19 Revenue Summary Full Toll Lanes 3+ Lanes 6 Peak traffic hour in the eastbound direction reached or exceeded 90% or more of defined capacity 16 times during the month of December 2018. As demonstrated on the next chart, westbound peak hour traffic volumes top out at 82% of defined capacity. OCTA EASTBOUND PEAK -HOUR VOLUMES PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 406 2,512 74%$5.05 409 2,908 86%$5.05 386 2,681 79%$5.20 375 2,645 78%$5.35 505 3,367 99% 1500 - 1600 $5.40 588 3,076 90%$5.65 625 2,870 84%$6.25 624 3,183 94%$6.00 557 2,764 81%$9.65 694 2,649 78% 1600 - 1700 $5.25 469 2,901 85%$5.50 413 2,816 83%$6.75 442 2,613 77%$9.30 442 2,270 67%$9.45 399 2,618 77% 1700 - 1800 $5.20 581 3,117 92%$5.40 508 2,950 87%$6.90 432 2,203 65%$9.20 529 2,617 77%$6.90 600 2,930 86% 1800 - 1900 $5.40 675 2,720 80%$3.85 627 3,083 91%$3.85 565 2,376 70%$4.75 618 2,725 80%$6.40 713 2,878 85% 1900 - 2000 $3.75 588 2,247 66%$3.75 692 2,793 82%$3.75 432 1,558 46%$5.50 484 2,027 60%$5.95 661 2,298 68% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 454 2,655 78%$5.05 462 2,969 87%$5.05 425 2,988 88%$5.20 391 2,946 87%$5.35 524 3,397 100% 1500 - 1600 $5.40 648 3,084 91%$5.65 649 2,763 81%$6.25 674 3,347 98%$6.00 653 3,105 91%$9.65 748 2,760 81% 1600 - 1700 $5.25 453 2,918 86%$5.50 400 2,736 80%$6.75 504 2,841 84%$9.30 487 2,636 78%$9.45 512 2,771 82% 1700 - 1800 $5.20 569 2,954 87%$5.40 537 2,812 83%$6.90 455 2,131 63%$9.20 521 2,815 83%$6.90 634 2,978 88% 1800 - 1900 $5.40 701 2,777 82%$3.85 654 2,948 87%$3.85 676 2,990 88%$4.75 478 2,177 64%$6.40 700 2,826 83% 1900 - 2000 $3.75 631 2,255 66%$3.75 770 2,936 86%$3.75 778 2,936 86%$5.50 755 3,153 93%$5.95 653 2,139 63% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.05 443 2,700 79%$5.05 478 2,957 87%$5.05 461 2,935 86%$5.20 502 3,328 98%$5.35 611 3,519 104% 1500 - 1600 $5.40 627 3,035 89%$5.65 650 2,755 81%$6.25 653 3,110 91%$6.00 634 3,022 89%$9.65 676 2,634 77% 1600 - 1700 $5.25 506 3,049 90%$5.50 484 2,890 85%$6.75 530 2,866 84%$9.30 455 2,484 73%$9.45 479 2,641 78% 1700 - 1800 $5.20 558 2,892 85%$5.40 597 2,969 87%$6.90 497 2,600 76%$9.20 602 2,827 83%$6.90 598 2,790 82% 1800 - 1900 $5.40 650 2,697 79%$3.85 625 2,814 83%$3.85 699 3,196 94%$4.75 671 2,861 84%$6.40 630 2,355 69% 1900 - 2000 $3.75 631 2,225 65%$3.75 691 2,678 79%$3.75 737 2,754 81%$5.50 742 2,887 85%$5.95 562 1,816 53% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.35 694 2,106 62%$5.90 824 1,839 54%$5.05 588 2,602 77%$5.20 602 2,963 87%$5.35 620 3,142 92% 1500 - 1600 $9.65 847 2,182 64%$5.90 629 1,484 44%$6.25 710 2,935 86%$6.00 731 3,024 89%$9.65 723 2,612 77% 1600 - 1700 $9.45 699 1,840 54%$5.90 594 1,268 37%$6.75 513 2,257 66%$9.30 555 2,442 72%$9.45 454 2,321 68% 1700 - 1800 $6.90 732 1,731 51%$5.90 695 1,321 39%$6.90 491 1,940 57%$9.20 648 2,550 75%$6.90 554 2,324 68% 1800 - 1900 $6.40 736 1,720 51%$5.90 742 1,412 42%$3.85 611 1,941 57%$4.75 709 2,312 68%$6.40 640 2,057 61% 1900 - 2000 $5.95 672 1,370 40%$5.90 803 1,452 43%$3.75 429 1,205 35%$5.50 499 1,467 43%$5.95 546 1,473 43% PM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 1400 - 1500 $5.35 435 1,680 49% 1500 - 1600 $9.65 561 1,766 52% 1600 - 1700 $9.45 446 1,481 44% 1700 - 1800 $6.90 515 1,455 43% 1800 - 1900 $6.40 500 1,236 36% 1900 - 2000 $5.95 448 1,038 31% Monday 12/03/18 Tuesday 12/04/18 Wednesday 12/05/18 Thursday 12/06/18 Friday 12/07/18 Monday 12/10/18 Tuesday 12/11/18 Wednesday 12/12/18 Thursday 12/13/18 Friday 12/14/18 Monday 12/17/18 Tuesday 12/18/18 Wednesday 12/19/18 Thursday 12/20/18 Friday 12/21/18 Monday 12/24/18 Tuesday 12/25/18 Wednesday 12/26/18 Thursday 12/27/18 Friday 12/28/18 Monday 12/31/18 Tuesday 01/01/19 Wednesday 01/02/19 Thursday 01/03/19 Friday 01/04/19 7 OCTA W ESTBOUND PEAK -HOUR V OLUMES AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 795 2,501 74%$3.00 790 2,577 76%$3.00 758 2,438 72%$3.00 748 2,288 67%$3.00 637 1,904 56% 0500 - 0600 $4.85 868 2,512 74%$4.85 924 2,585 76%$4.85 760 2,325 68%$4.85 783 2,221 65%$4.60 737 2,395 70% 0600 - 0700 $5.05 589 2,089 61%$5.05 601 2,128 63%$5.05 603 1,969 58%$5.05 594 1,902 56%$4.85 582 2,014 59% 0700 - 0800 $5.55 499 2,178 64%$5.55 489 2,192 64%$5.55 426 1,932 57%$5.55 410 1,831 54%$5.40 501 2,057 61% 0800 - 0900 $5.05 308 2,027 60%$5.05 326 2,349 69%$5.05 230 1,597 47%$5.05 285 1,786 53%$4.85 284 1,865 55% 0900 - 1000 $4.00 305 2,065 61%$4.00 301 2,236 66%$4.00 313 2,184 64%$4.00 307 1,911 56%$4.00 314 1,897 56% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 830 2,570 76%$3.00 802 2,399 71%$3.00 841 2,585 76%$3.00 841 2,574 76%$3.00 652 1,926 57% 0500 - 0600 $4.85 858 2,506 74%$4.85 947 2,626 77%$4.85 834 2,444 72%$4.85 857 2,445 72%$4.60 774 2,437 72% 0600 - 0700 $5.05 619 2,140 63%$5.05 645 2,196 65%$5.05 669 2,120 62%$5.05 642 2,106 62%$4.85 621 2,033 60% 0700 - 0800 $5.55 496 2,034 60%$5.55 550 2,471 73%$5.55 474 2,199 65%$5.55 516 2,272 67%$5.40 500 2,085 61% 0800 - 0900 $5.05 297 1,989 59%$5.05 344 2,206 65%$5.05 334 2,022 59%$5.05 327 2,097 62%$4.85 358 1,930 57% 0900 - 1000 $4.00 344 2,017 59%$4.00 325 2,202 65%$4.00 283 2,119 62%$4.00 336 2,377 70%$4.00 314 1,911 56% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 848 2,785 82%$3.00 771 2,535 75%$3.00 796 2,546 75%$3.00 767 2,423 71%$3.00 674 1,992 59% 0500 - 0600 $4.85 833 2,496 73%$4.85 956 2,624 77%$4.85 854 2,393 70%$4.85 803 2,355 69%$4.60 713 2,296 68% 0600 - 0700 $5.05 622 2,047 60%$5.05 617 2,015 59%$5.05 637 2,118 62%$5.05 654 2,209 65%$4.85 540 1,883 55% 0700 - 0800 $5.55 483 2,061 61%$5.55 479 2,106 62%$5.55 464 2,061 61%$5.55 471 2,005 59%$5.40 403 1,724 51% 0800 - 0900 $5.05 313 1,994 59%$5.05 325 2,042 60%$5.05 333 2,117 62%$5.05 324 1,968 58%$4.85 304 1,675 49% 0900 - 1000 $4.00 317 2,084 61%$4.00 318 2,134 63%$4.00 373 2,266 67%$4.00 340 2,237 66%$4.00 363 1,685 50% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 166 410 12%$1.65 21 40 1%$3.00 495 1,514 45%$3.00 527 1,627 48%$3.00 451 1,306 38% 0500 - 0600 $4.60 204 506 15%$1.65 25 52 2%$4.85 559 1,575 46%$4.85 635 1,789 53%$4.60 554 1,676 49% 0600 - 0700 $4.85 177 472 14%$1.65 24 84 2%$5.05 314 1,080 32%$5.05 355 1,292 38%$4.85 338 1,080 32% 0700 - 0800 $5.40 194 557 16%$1.65 40 128 4%$5.55 290 1,044 31%$5.55 308 1,108 33%$5.40 262 1,025 30% 0800 - 0900 $4.85 172 577 17%$3.00 125 308 9%$5.05 245 1,012 30%$5.05 314 1,248 37%$4.85 265 1,197 35% 0900 - 1000 $4.00 292 840 25%$3.15 284 635 19%$4.00 328 1,298 38%$4.00 399 1,548 46%$4.00 385 1,444 42% AM Time Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap.Price HOV Vol. Cap. 0400 - 0500 $3.00 199 602 18% 0500 - 0600 $4.60 271 720 21% 0600 - 0700 $4.85 172 537 16% 0700 - 0800 $5.40 152 577 17% 0800 - 0900 $4.85 186 687 20% 0900 - 1000 $4.00 214 712 21% Monday 12/03/18 Tuesday 12/04/18 Wednesday 12/05/18 Thursday 12/06/18 Friday 12/07/18 Monday 12/10/18 Tuesday 12/11/18 Wednesday 12/12/18 Thursday 12/13/18 Friday 12/14/18 Monday 12/17/18 Tuesday 12/18/18 Wednesday 12/19/18 Thursday 12/20/18 Friday 12/21/18 Monday 12/24/18 Tuesday 12/25/18 Wednesday 12/26/18 Monday 12/31/18 Tuesday 01/01/19 Wednesday 01/02/19 Thursday 01/03/19 Friday 01/04/19 Thursday 12/27/18 Friday 12/28/18 8 OCTA OPERATIONAL HIGHLIGHTS On-road Operations OCTA Customer Assistance Specialists (CAS) responded to 109 calls during the month of December. Of those calls, 96 were to assist disabled vehicles and 1 call to remove debris. The CAS provided assistance to 7 accidents in the Express Lanes and 5 accidents originating from the SR91 general-purpose lanes. Electronic Toll and Traffic Management System Project Update An agreement with Kapsch TrafficCom USA, Inc., (Kapsch) was executed in June 2018 to provide toll lane system integrator services for the design, installation, operations, and maintenance of the electronic toll and traffic management system for the 91 Express Lanes. In December, Kapsch has developed several project plans and documentations and held weekly coordination meetings with OCTA and Cofiroute in preparation for the transition to the new lane system. This new lane system will be able to read the new 6C protocol as well as the current Title 21 protocol. Following RCTC’s completion of their lane system installation on the 91 Express Lanes, OCTA will commence installation on the Orange County segment. It is anticipated the OCTA lane system equipment at the gantries will be replaced in spring 2019. 6C Transition Update In addition to the lane system replacement, the back-office system will need to be modified in order to process the new transponders and changes to the customer account plans. Modification to the back-office system will commence when the lane system installations for both OCTA and RCTC have been completed. Distribution of the new 6C transponders to customers will begin after the back-office system changes have been made. OCTA and RCTC have prepared a series of customer communication to be provided to customers to facilitate the transition to the new protocol and changes to the account plans. Amendment to the Three-Party Operating Agreement As referenced above, due to the back-office system changes, an amendment to the OCTA, RCTC, Cofiroute USA (CUSA) Operating Agreement is required. Staff from both OCTA and RCTC have been in negotiations with CUSA for the amendment. It is 9 anticipated there will be no change to the maximum obligation of the contract. The amendment is expected to be finalized by early spring 2019. California Highway Patrol Agreement Staff is currently in discussion with the California Highway Patrol (CHP) for a new agreement to provide enforcement services on the OCTA 91 Express Lanes. As a requirement of the Franchise Agreement, OCTA is required to use CHP for enforcement services. Staff will be bringing forth the agreement for Board approval in the next few months. 10 FINANCIAL HIGHLIGHTS OCTA Capital Asset Activity During the six months ending December 31, 2018, capital asset activities included $349, 599 for the Electronic Toll and Traffic Management system replacement project and $2,487 for transponder purchases. 11 OPERATIONS OVERVIEW RCTC TRAFFIC AND REVENUE STATISTICS FOR RCTC Total traffic volume on the RCTC 91 Express Lanes for December 2018 was 1,198,578. This represents a daily average of 38,664. This is a 2% increase in total traffic volume from the same period last year when traffic levels totaled 1,174,690. Potential toll revenue for the month was $4,327,741 which represents an increase of 15.9% from the prior year’s total of $3,732,545. RCTC had several weekend closures of the 91 Express Lanes in the eastbound direction to allow for the installation of new roadside toll equipment which resulted in reduced traffic volumes and revenue. Carpool percentage for the month was 25.69% as compared to the previous year’s rate of 23.6%. Month-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 month of December 2018. Current Month-to-Date (MTD) as of December 31, 2018 Trips DEC-18 MTD Actual Stantec MTD Projected # Variance % Variance Dec-17 MTD Actual Yr-to-Yr % Variance Full Toll Lanes 890,682 625,000 265,682 42.5% 897,483 (0.8%) 3+ Lanes 307,896 240,000 67,896 28.3% 277,207 11.1% Total Gross Trips 1,198,578 865,000 333,578 38.6% 1,174,690 2.0% Revenue Full Toll Lanes $4,289,378 $1,895,028 $2,394,350 126.3% $3,700,810 15.9% 3+ Lanes $38,363 $0 $38,363 $31,735 20.9% Total Gross Revenue $4,327,741 $1,895,028 $2,432,713 128.4% $3,732,545 15.9% Average Revenue per Trip Average Full Toll Lanes $4.82 $3.03 $1.79 59.1% $4.12 17.0% Average 3+ Lanes $0.12 $0.00 $0.12 $0.11 9.1% Average Gross Revenue $3.61 $2.19 $1.42 64.8% $3.18 13.5% 12 The 2019 fiscal year-to-date (YTD) traffic volume is 5.3% higher when compared with the same period last year. The 2019 fiscal year-to-date revenue is 23.8% higher than for the same period last year. The traffic and revenue increases are attributed to higher demand and increase toll rates to manage the demand. Year-to-date average revenue per-trip is $3.59. 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 month s of July 2018 through December 2018. FY 2018-19 Year to Date as of December 31, 2018 Trips FY 2018-19 YTD Actual Stantec YTD Projected # Variance % Variance FY 2017-18 YTD Actual Yr-to-Yr % Variance Full Toll Lanes 5,777,160 3,741,014 2,036,146 54.4% 5,670,112 1.9% 3+ Lanes 1,849,217 1,324,343 524,874 39.6% 1,570,256 17.8% Total Gross Trips 7,626,377 5,065,357 2,561,020 50.6% 7,240,368 5.3% Revenue Full Toll Lanes $27,199,627 $11,237,757 $15,961,870 142.0% $21,958,737 23.9% 3+ Lanes $212,527 $0 $212,527 $185,015 14.9% Total Gross Revenue $27,412,154 $11,237,757 $16,174,397 143.9% $22,143,751 23.8% Average Revenue per Trip Average Full Toll Lanes $4.71 $3.00 $1.71 57.0% $3.87 21.7% Average 3+ Lanes $0.11 $0.00 $0.11 $0.12 (8.3%) Average Gross Revenue $3.59 $2.22 $1.37 61.7% $3.06 17.3% 13 RCTC Traffic and Revenue Summary The chart below reflects the total trips broken down between Full Toll lanes and HOV3+ lanes for FY 2018-19 on a monthly basis. The chart below reflects the gross potential revenue breakdown between Full Toll lanes and HOV3+ lanes for FY 2018-19 on a monthly basis. 958,212 1,043,813 942,845 1,013,705 927,903 890,682 325,279 323,925 294,904 298,233 298,982 307,896 0 175,000 350,000 525,000 700,000 875,000 1,050,000 1,225,000 1,400,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Volume Month FY 2018-19 Traffic Volume Overview Full Toll Lanes 3+ Lanes $4,450,594 $4,893,862 $4,278,176 $4,878,737 $4,408,880 $4,289,378 $38,664 $39,292 $29,799 $34,897 $31,512 $38,363 $2,000,000 $2,400,000 $2,800,000 $3,200,000 $3,600,000 $4,000,000 $4,400,000 $4,800,000 $5,200,000 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 Jan-19 Feb-19 Mar-19 Apr-19 May-19 Jun-19Revenue Month FY 2018-19 Revenue Summary Full Toll Lanes 3+ Lanes 14 RCTC PEAK -HOUR VOLUMES RCTC regularly evaluates traffic volumes for peak period hours where Express Lanes performance is degraded and either increases or decreases tolls. There were no toll rates adjusted in December to improve the level of service in the peak hours where demand exceeded capacity. Hours that are highlighted in yellow were flagged for continued evaluation. 15 RCTC E ASTBOUND PEAK -HOUR V OLUMES Eastbound PM Peak - County Line to McKinley 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 $4.05 259 1,102 1,361 F $5.15 230 1,112 1,342 F $5.15 214 1,056 1,270 E $7.55 260 1,210 1,470 F $17.70 266 1,484 1,750 F 1500 - 1600 $5.05 379 1,221 1,600 F $5.15 347 1,052 1,399 F $6.55 335 1,045 1,380 F $9.60 367 1,195 1,562 F $17.70 509 1,404 1,913 F 1600 - 1700 $4.05 302 1,557 1,859 F $4.05 211 1,035 1,246 E $3.95 211 874 1,085 D $8.55 247 1,037 1,284 E $11.40 361 1,341 1,702 F 1700 - 1800 $4.05 408 1,458 1,866 F $4.05 237 960 1,197 D $3.95 192 817 1,009 D $3.95 327 1,290 1,617 F $6.70 375 1,335 1,710 F 1800 - 1900 $4.05 423 1,266 1,689 F $4.05 309 903 1,212 E $3.95 239 738 977 C $3.95 383 1,410 1,793 F $6.70 468 1,272 1,740 F 1900 - 2000 $2.20 396 1,119 1,515 F $4.05 311 940 1,251 E $3.95 195 484 679 B $4.05 300 1,012 1,312 F $5.15 466 1,132 1,598 F 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 $4.05 265 1,148 1,413 F $5.15 262 1,105 1,367 F $5.15 260 1,245 1,505 F $7.55 250 1,355 1,605 F $17.70 323 1,313 1,636 F 1500 - 1600 $5.05 378 1,125 1,503 F $5.15 390 1,139 1,529 F $6.55 425 1,209 1,634 F $9.60 436 1,127 1,563 F $17.70 434 1,150 1,584 F 1600 - 1700 $4.05 248 1,183 1,431 F $4.05 235 1,148 1,383 F $3.95 260 1,204 1,464 F $8.55 270 1,147 1,417 F $11.40 292 1,117 1,409 F 1700 - 1800 $4.05 269 999 1,268 E $4.05 264 972 1,236 E $3.95 255 929 1,184 D $3.95 261 1,023 1,284 E $6.70 349 1,081 1,430 F 1800 - 1900 $4.05 346 933 1,279 E $4.05 326 1,029 1,355 F $3.95 350 1,047 1,397 F $3.95 251 879 1,130 D $6.70 384 1,127 1,511 F 1900 - 2000 $2.20 299 761 1,060 D $4.05 352 997 1,349 F $3.95 346 1,076 1,422 F $4.05 417 1,021 1,438 F $5.15 337 831 1,168 D 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 $4.05 285 1,304 1,589 F $5.15 275 1,187 1,462 F $5.15 288 1,309 1,597 F $7.55 339 1,490 1,829 F $17.70 407 1,342 1,749 F 1500 - 1600 $5.05 382 1,194 1,576 F $5.15 428 1,157 1,585 F $6.55 429 1,363 1,792 F $9.60 419 1,131 1,550 F $17.70 440 1,148 1,588 F 1600 - 1700 $4.05 276 1,137 1,413 F $4.05 255 1,187 1,442 F $3.95 296 1,445 1,741 F $8.55 264 1,091 1,355 F $11.40 295 1,152 1,447 F 1700 - 1800 $4.05 287 1,065 1,352 F $4.05 274 1,078 1,352 F $3.95 293 1,114 1,407 F $3.95 313 1,135 1,448 F $6.70 327 1,100 1,427 F 1800 - 1900 $4.05 329 953 1,282 E $4.05 367 1,237 1,604 F $3.95 348 1,178 1,526 F $3.95 300 1,143 1,443 F $6.70 338 884 1,222 E 1900 - 2000 $2.20 325 790 1,115 D $4.05 358 983 1,341 F $3.95 344 1,021 1,365 F $4.05 383 1,029 1,412 F $5.15 298 685 983 C 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 $17.70 297 688 985 C $4.05 388 744 1,132 D $5.15 367 1,119 1,486 F $7.55 342 1,114 1,456 F $17.70 366 1,064 1,430 F 1500 - 1600 $17.70 374 688 1,062 D $4.05 282 541 823 C $6.55 394 1,032 1,426 F $9.60 411 978 1,389 F $17.70 368 973 1,341 F 1600 - 1700 $11.40 342 630 972 C $2.20 269 436 705 B $3.95 245 888 1,133 D $8.55 280 871 1,151 D $11.40 240 902 1,142 D 1700 - 1800 $6.70 345 558 903 C $2.20 286 357 643 B $3.95 242 693 935 C $3.95 301 800 1,101 D $6.70 260 776 1,036 D 1800 - 1900 $6.70 328 555 883 C $2.20 330 404 734 B $3.95 288 561 849 C $3.95 315 775 1,090 D $6.70 297 627 924 C 1900 - 2000 $5.15 291 414 705 B $4.05 361 386 747 B $3.95 183 357 540 B $4.05 235 434 669 B $5.15 253 417 670 B 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 $17.70 202 507 709 B 1500 - 1600 $17.70 258 513 771 B 1600 - 1700 $11.40 189 465 654 B 1700 - 1800 $6.70 238 402 694 B 1800 - 1900 $6.70 248 277 650 B 1900 - 2000 $5.15 194 414 471 B 12/20/18 12/26/18 Thursday 12/27/18 Friday 12/21/18Monday12/17/18 Tuesday 12/18/18 Thursday 01/03/19 Friday 01/04/19Monday12/31/18 Tuesday 01/01/19 Wednesday 01/02/19 Wednesday 12/19/18 Thursday Monday 12/24/18 Tuesday 12/25/18 Wednesday Wednesday 12/05/18 Thursday 12/06/18 Friday 12/07/18Monday12/03/18 Tuesday 12/04/18 12/13/18 Friday 12/14/18Monday12/10/18 Tuesday 12/11/18 Wednesday 12/12/18 Thursday Friday 12/28/18 16 Eastbound PM Peak - County Line to I-15 South 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 $2.85 60 479 539 B $5.15 97 603 700 B $5.05 78 471 549 B $5.05 11 106 117 A $5.15 0 166 166 A 1500 - 1600 $2.85 67 428 495 B $2.80 159 602 761 B $5.15 98 498 596 B $5.15 15 134 149 A $2.80 0 142 142 A 1600 - 1700 $2.85 0 0 0 A $2.85 105 569 674 B $2.85 80 438 518 B $2.80 35 271 306 A $2.85 0 135 135 A 1700 - 1800 $2.85 0 0 0 A $2.85 87 485 572 B $2.85 81 339 420 B $2.85 12 99 111 A $2.85 0 144 144 A 1800 - 1900 $2.85 0 0 0 A $2.85 102 486 588 B $2.85 94 345 439 B $2.85 10 89 99 A $2.85 0 108 108 A 1900 - 2000 $2.85 0 0 0 A $2.85 157 537 694 B $2.85 61 233 294 A $2.85 13 81 94 A $2.85 0 118 118 A 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 $2.85 94 470 564 B $5.15 71 531 602 B $5.05 74 585 659 B $5.05 73 550 623 B $5.15 93 564 657 B 1500 - 1600 $2.85 103 465 568 B $2.80 103 484 587 B $5.15 65 518 583 B $5.15 77 492 569 B $2.80 134 427 561 B 1600 - 1700 $2.85 92 475 567 B $2.85 68 502 570 B $2.85 63 410 473 B $2.80 87 402 489 B $2.85 87 420 507 B 1700 - 1800 $2.85 109 432 541 B $2.85 102 458 560 B $2.85 64 342 406 B $2.85 83 387 470 B $2.85 96 418 514 B 1800 - 1900 $2.85 123 393 516 B $2.85 105 452 557 B $2.85 106 418 524 B $2.85 73 286 359 A $2.85 98 346 444 B 1900 - 2000 $2.85 128 349 477 B $2.85 135 491 626 B $2.85 153 436 589 B $2.85 137 487 624 B $2.85 105 322 427 B 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 $2.85 80 463 543 B $5.15 77 474 551 B $5.05 63 498 561 B $5.05 77 526 603 B $5.15 97 546 643 B 1500 - 1600 $2.85 80 443 523 B $2.80 86 412 498 B $5.15 97 491 588 B $5.15 79 422 501 B $2.80 98 446 544 B 1600 - 1700 $2.85 91 412 503 B $2.85 56 456 512 B $2.85 72 481 553 B $2.80 82 385 467 B $2.85 80 391 471 B 1700 - 1800 $2.85 66 371 437 B $2.85 109 417 526 B $2.85 86 389 475 B $2.85 107 384 491 B $2.85 95 414 509 B 1800 - 1900 $2.85 101 372 473 B $2.85 36 126 162 A $2.85 113 476 589 B $2.85 104 389 493 B $2.85 107 327 434 B 1900 - 2000 $2.85 109 316 425 B $2.85 122 373 495 B $2.85 106 415 521 B $2.85 148 439 587 B $2.85 104 277 381 A 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 $5.15 200 437 637 B $2.85 255 393 648 B $5.05 150 531 681 B $5.05 164 637 801 C $5.15 133 622 755 B 1500 - 1600 $2.80 229 473 702 B $2.85 190 360 550 B $5.15 185 593 778 B $5.15 187 580 767 B $2.80 166 558 724 B 1600 - 1700 $2.85 188 353 541 B $2.85 182 260 442 B $2.85 125 505 630 B $2.80 143 569 712 B $2.85 113 478 591 B 1700 - 1800 $2.85 208 278 486 B $2.85 216 200 416 B $2.85 127 415 542 B $2.85 153 466 619 B $2.85 151 443 594 B 1800 - 1900 $2.85 211 307 518 B $2.85 247 242 489 B $2.85 155 337 492 B $2.85 172 329 501 B $2.85 138 348 486 B 1900 - 2000 $2.85 254 285 539 B $2.85 290 197 487 B $2.85 121 225 346 A $2.85 131 294 425 B $2.85 132 231 363 A 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 $5.15 128 396 524 B 1500 - 1600 $2.80 154 416 570 B 1600 - 1700 $2.85 139 330 469 B 1700 - 1800 $2.85 128 302 430 B 1800 - 1900 $2.85 120 209 329 A 1900 - 2000 $2.85 101 176 277 A Friday 12/14/18Monday12/10/18 Tuesday 12/11/18 Monday 12/31/18 Tuesday 01/01/19 Thursday 12/20/18 Friday 12/21/18 Wednesday 01/02/19 Thursday 01/03/19 Friday 01/04/19 Monday 12/17/18 Tuesday 12/18/18 Wednesday 12/19/18 Wednesday 12/12/18 Thursday Thursday 12/06/18 12/13/18 Monday 12/24/18 Tuesday 12/25/18 Wednesday 12/26/18 Thursday 12/27/18 Friday 12/28/18 Monday 12/03/18 Tuesday 12/04/18 Wednesday 12/05/18 Friday 12/07/18 17 RCTC W ESTBOUND PEAK -HOUR VOLUMES Westbound AM Peak - McKinley to County Line 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 $6.55 402 1,078 1,480 F $6.55 386 1,136 1,522 F $6.55 406 1,104 1,510 F $6.55 385 1,008 1,393 F $3.95 329 752 1,081 D 0500 - 0600 $18.90 527 822 1,349 E $17.45 591 921 1,512 F $18.45 401 712 1,113 D $18.20 407 649 1,056 D $7.90 458 1,016 1,474 F 0600 - 0700 $17.55 335 902 1,237 E $17.15 323 881 1,204 E $16.15 335 902 1,237 E $16.15 322 899 1,221 E $7.15 369 1,146 1,515 F 0700 - 0800 $13.20 351 1,234 1,585 F $13.20 345 1,216 1,561 F $13.95 307 1,165 1,472 F $12.20 244 1,139 1,383 F $6.70 377 1,240 1,617 F 0800 - 0900 $8.45 240 1,390 1,630 F $8.45 252 1,491 1,743 F $8.45 166 955 1,121 D $9.20 175 1,114 1,289 E $5.15 192 1,121 1,313 E 0900 - 1000 $4.05 190 1,144 1,334 E $5.05 171 1,209 1,380 F $3.95 178 1,125 1,303 E $3.95 150 959 1,109 D $4.05 181 887 1,068 D 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 $6.55 436 1,135 1,571 F $6.55 412 1,046 1,458 F $6.55 460 1,181 1,641 F $6.55 463 1,156 1,619 F $3.95 358 780 1,138 D 0500 - 0600 $18.90 524 917 1,441 F $17.45 635 970 1,605 F $18.45 480 679 1,159 D $18.20 476 742 1,218 E $7.90 467 1,007 1,474 F 0600 - 0700 $17.55 357 985 1,342 E $17.15 355 801 1,156 D $16.15 415 1,019 1,434 F $16.15 379 960 1,339 E $7.15 391 1,099 1,490 F 0700 - 0800 $13.20 342 1,264 1,606 F $13.20 345 1,269 1,614 F $13.95 349 1,264 1,613 F $12.20 370 1,325 1,695 F $6.70 377 1,302 1,679 F 0800 - 0900 $8.45 208 1,371 1,579 F $8.45 243 1,414 1,657 F $8.45 222 1,391 1,613 F $9.20 227 1,362 1,589 F $5.15 224 1,199 1,423 F 0900 - 1000 $4.05 198 1,057 1,255 E $5.05 203 1,175 1,378 F $3.95 169 1,126 1,295 E $3.95 212 1,308 1,520 F $4.05 183 817 1,000 C 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 $6.55 432 1,171 1,603 F $6.55 416 1,152 1,568 F $6.55 436 1,221 1,657 F $6.55 427 1,050 1,477 F $3.95 369 723 1,092 D 0500 - 0600 $18.90 543 882 1,425 F $17.45 648 1,044 1,692 F $18.45 504 738 1,242 E $18.20 504 751 1,255 E $7.90 455 1,034 1,489 F 0600 - 0700 $17.55 358 867 1,225 E $17.15 327 830 1,157 D $16.15 406 1,022 1,428 F $16.15 398 1,088 1,486 F $7.15 358 1,111 1,469 F 0700 - 0800 $13.20 346 1,317 1,663 F $13.20 345 1,332 1,677 F $13.95 374 1,323 1,697 F $12.20 372 1,307 1,679 F $6.70 296 1,171 1,467 F 0800 - 0900 $8.45 225 1,310 1,535 F $8.45 245 1,389 1,634 F $8.45 268 1,451 1,719 F $9.20 250 1,306 1,556 F $5.15 191 952 1,143 D 0900 - 1000 $4.05 179 1,018 1,197 D $5.05 184 1,089 1,273 E $3.95 232 1,170 1,402 F $3.95 216 1,128 1,344 E $4.05 193 721 914 C 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 $3.95 84 163 247 A $1.50 10 8 18 A $6.55 296 772 1,068 D $6.55 314 821 1,135 D $3.95 242 534 776 B 0500 - 0600 $7.90 103 149 252 A $1.50 16 15 31 A $18.45 317 433 750 B $18.20 320 592 912 C $7.90 325 717 1,042 D 0600 - 0700 $7.15 95 188 283 A $1.50 11 25 36 A $16.15 192 619 811 C $16.15 185 640 825 C $7.15 212 607 819 C 0700 - 0800 $6.70 111 232 343 A $1.50 20 47 67 A $13.95 200 576 776 B $12.20 217 621 838 C $6.70 194 564 758 B 0800 - 0900 $5.15 87 255 342 A $1.50 54 91 145 A $8.45 145 542 687 B $9.20 176 653 829 C $5.15 171 590 761 B 0900 - 1000 $4.05 151 295 446 B $1.50 116 177 293 A $3.95 181 557 738 B $3.95 215 688 903 C $4.05 191 595 786 B 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 $3.95 101 260 361 A 0500 - 0600 $7.90 152 196 348 A 0600 - 0700 $7.15 85 241 326 A 0700 - 0800 $6.70 103 306 409 B 0800 - 0900 $5.15 90 281 371 A 0900 - 1000 $4.05 114 292 406 B 12/20/18 12/26/18 Thursday 12/27/18 Friday 12/21/18Monday12/17/18 Tuesday 12/18/18 Thursday 01/03/19 Friday 01/04/19Monday12/31/18 Tuesday 01/01/19 Wednesday 01/02/19 Wednesday 12/19/18 Thursday Monday 12/24/18 Tuesday 12/25/18 Wednesday Wednesday 12/05/19 Thursday 12/06/19 Friday 12/07/19Monday12/03/19 Tuesday 12/04/19 12/13/18 Friday 12/14/18Monday12/10/18 Tuesday 12/11/18 Wednesday 12/12/18 Thursday Friday 12/28/18 18 Westbound AM Peak - I-15 North to County Line 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 $5.05 258 781 1,039 D $5.05 262 787 1,049 D $5.05 236 685 921 C $5.05 236 642 878 C $2.85 188 571 759 B 0500 - 0600 $17.40 371 1,009 1,380 E $15.40 379 1,017 1,396 E $15.70 315 1,021 1,336 E $13.70 358 969 1,327 E $5.15 307 1,010 1,317 E 0600 - 0700 $16.40 356 1,117 1,473 F $14.70 383 1,183 1,566 F $16.70 301 923 1,224 E $14.70 299 849 1,148 D $6.65 275 813 1,088 D 0700 - 0800 $12.40 238 1,225 1,463 F $10.70 248 1,219 1,467 F $12.70 180 950 1,130 D $11.70 152 967 1,119 D $5.15 200 944 1,144 D 0800 - 0900 $8.55 123 1,091 1,214 E $8.55 146 1,237 1,383 E $8.55 110 840 950 C $6.65 98 915 1,013 D $5.15 97 842 939 C 0900 - 1000 $5.05 113 771 884 C $5.15 111 767 878 C $5.15 129 945 1,074 D $5.15 110 721 831 C $2.85 84 617 701 B 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 $5.05 268 785 1,053 D $5.05 258 736 994 C $5.05 261 745 1,006 D $5.05 257 761 1,018 D $2.85 216 663 879 C 0500 - 0600 $17.40 360 964 1,324 E $15.40 382 992 1,374 E $15.70 363 1,140 1,503 F $13.70 378 1,066 1,444 F $5.15 328 1,029 1,357 E 0600 - 0700 $16.40 361 1,123 1,484 F $14.70 325 1,151 1,476 F $16.70 354 1,005 1,359 E $14.70 353 1,053 1,406 F $6.65 319 980 1,299 E 0700 - 0800 $12.40 254 1,115 1,369 E $10.70 252 1,210 1,462 F $12.70 243 1,229 1,472 F $11.70 248 1,199 1,447 F $5.15 195 987 1,182 D 0800 - 0900 $8.55 153 1,062 1,215 E $8.55 175 1,246 1,421 F $8.55 137 1,047 1,184 D $6.65 145 1,066 1,211 E $5.15 151 915 1,066 D 0900 - 1000 $5.05 112 763 875 C $5.15 88 825 913 C $5.15 111 866 977 C $5.15 112 880 992 C $2.85 110 680 790 B 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 $5.05 271 773 1,044 D $5.05 237 774 1,011 D $5.05 230 751 981 C $5.05 233 704 937 C $2.85 193 656 849 C 0500 - 0600 $17.40 347 962 1,309 E $15.40 361 967 1,328 E $15.70 378 1,018 1,396 E $13.70 342 988 1,330 E $5.15 281 874 1,155 D 0600 - 0700 $16.40 316 1,087 1,403 F $14.70 348 1,112 1,460 F $16.70 347 1,010 1,357 E $14.70 358 1,043 1,401 F $6.65 233 828 1,061 D 0700 - 0800 $12.40 250 1,105 1,355 E $10.70 247 1,113 1,360 E $12.70 223 1,038 1,261 E $11.70 202 981 1,183 D $5.15 141 790 931 C 0800 - 0900 $8.55 131 1,050 1,181 D $8.55 139 1,031 1,170 D $8.55 120 1,044 1,164 D $6.65 115 982 1,097 D $5.15 99 736 835 C 0900 - 1000 $5.05 103 772 875 C $5.15 92 832 924 C $5.15 109 862 971 C $5.15 110 770 880 C $2.85 113 617 730 B 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 $2.85 48 109 157 A $1.90 8 13 21 A $5.05 163 438 601 B $5.05 160 462 622 B $2.85 141 426 567 B 0500 - 0600 $5.15 84 168 252 A $1.90 4 19 23 A $15.70 228 624 852 C $13.70 218 685 903 C $5.15 204 570 774 B 0600 - 0700 $6.65 63 171 234 A $1.90 9 36 45 A $16.70 161 463 624 B $14.70 139 567 706 B $6.65 142 438 580 B 0700 - 0800 $5.15 58 184 242 A $1.90 18 45 63 A $12.70 105 450 555 B $11.70 111 487 598 B $5.15 85 417 502 B 0800 - 0900 $5.15 71 193 264 A $1.90 43 110 153 A $8.55 84 442 526 B $6.65 123 502 625 B $5.15 100 533 633 B 0900 - 1000 $2.85 103 235 338 A $1.90 118 183 301 A $5.15 103 446 549 B $5.15 136 514 650 B $2.85 134 476 610 B 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 $2.85 63 199 262 A 0500 - 0600 $5.15 96 288 384 A 0600 - 0700 $6.65 74 214 288 A 0700 - 0800 $5.15 60 240 300 A 0800 - 0900 $5.15 69 272 341 A 0900 - 1000 $2.85 71 213 284 A Friday 12/14/18Monday12/10/18 Tuesday 12/11/18 Monday 12/31/18 Tuesday 01/01/19 Thursday 12/20/18 Friday 12/21/18 Wednesday 01/02/19 Thursday 01/03/19 Friday 01/04/19 Monday 12/17/18 Tuesday 12/18/18 Wednesday 12/19/18 Wednesday 12/12/18 Thursday Thursday 12/06/18 12/13/18 Monday 12/24/18 Tuesday 12/25/18 Wednesday 12/26/18 Thursday 12/27/18 Friday 12/28/18 Monday 12/03/18 Tuesday 12/04/18 Wednesday 12/05/18 Friday 12/07/18 19 RCTC O P ERATIONAL HIGHLIGHTS On-road Operations RCTC Freeway Service Patrol (FSP) responded to 65 calls during the month of December. Of those calls, 41 were to assist disabled vehicles, 2 were to remove debris, 13 were for traffic breaks, and 9 were in response to accidents. 6C Transponder Technology Planning for the transition to the new transponder technology is underway. The lane system will be upgraded over a series of weekend with completion of that work expe cted by early spring 2019. The new sticker transponders have been received and are being prepared for distribution. Changes to the back office system to process the new transponders and make changes to the customer account plan are being finalized and will be released to the customer once both the RCTC and OCTA lane system upgrades are performed. A series of customer communication has been prepared to facilitate the process for providing the new transponders to customers. 20 FINANCIAL HIGHLIGHTS RCTC 21 JOINT AGENCY TRIP AN D REVENUE STATISTICS * * This information is not available for the eastbound direction due to the work being performed on RCTC’s lane system. JOINT AGENCY PER FORMANCE MEASURES MULTI AGENCY TRIP AND REVENUE STATISTICS MONTH ENDING December 31, 2018 Dec-18 MTD Transactions by Agency Transactions Using Both Segments % Using Both Segments Revenue Westbound OCTA 694,261 429,930 62%1,667,561$ RCTC 658,228 429,930 65%2,658,677$ I-15 282,515 195,281 69%1,185,452$ McKinley 375,713 234,649 62%1,473,224$ Dec-18 Performance CUSTOMER SERVICE Call Wait Time Monthly Not to exceed 2 minutes 1:10 Abandon Rate Monthly No more than 4.0% 1.6% Customer Satisfaction Monthly At least 75 outbound calls 76 Convert Violators to Customers Quarterly 8% or more 27% Convert Violators to Customers Annually 10% or more 28% VIOLATION PROCESSING Response Time Monthly Within 2 business days of receipt 1.4 **CUSA Violation Collection Rate Quarterly 70% or more NA CUSA Violation Collection Rate Annually 74% or more 65% TRAFFIC OPERATIONS Initial & Secondary Reviews Monthly Equal to or less than 15 days 1.8 *Plate Misread Errors Monthly Equal to or less than 0.4% 0.01% CAS Response Time Monthly 0:20 (minutes) per call 0:08 ACCOUNTING Monthly No more than 3 0 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 Misread Error performance is current after a 60-day hold-back period; therefore, percentage reported here is for 2 months prior to the month of this report. **CUSA Violation Collection Rate is currently unavailable due to pending report data which impacts the statistics. OCTA Exceptions RCTC Exceptions REPORTING REQUIREMENT Reporting P eriod PERFORMANCE STANDARD 22 JOINT AGENCY TRANSPONDER DISTRIBUTION At the end of December 2018, the 91 Express Lanes had 144,633 active customer accounts, and 220,313 transponders classified as Assigned. Number of Accounts by Fiscal Year As of December 31, 2018 Tags % of Total Tags % of Total Issued To New Accounts 1,131 48.2%1,253 45.7%1,511 45.3% Additional Tags to Existing Accounts 678 28.9%809 29.5%883 26.5% Replacement Transponders 537 22.9%682 24.9%939 28.2% Total Issued 2,346 2,744 3,333 Returned Account Closures 450 34.9%321 28.4%419 27.5% Accounts Downsizing 160 12.4%129 11.4%195 12.7% Defective Transponders 681 52.7%679 60.1%912 59.8% Total Returned 1,291 1,129 1,526 FY 2018-19TRANSPONDER DISTRIBUTION December-18 November-18 Average To-Date 117,888 114,556 114,138 112,584 112,473 112,929 113,672 116,813 119,782 130,048 140,694 144,633 60,000 70,000 80,000 90,000 100,000 110,000 120,000 130,000 140,000 150,000 160,000 Fiscal Year 23 Incoming Email Activity During December, the Anaheim Processing Center received 2,689 emails. Orange County Transportation Authority 550 South Main Street / P.O. Box 14184 / Orange / California 92863-1584 / (714) 560-OCTA (6282) March 1, 2019 To: State Route 91 Advisory Committee From: Kirk Avila, General Manager, OCTA Subject: Orange County Transportation Authority Fiscal Year 2017-18 91 Express Lanes Annual Financial Statements Overview Vavrinek, Trine, Day and Co., LLP, an independent accounting firm, has completed the annual audit of the Orange County Transportation Authority 91 Express Lanes financial statements for Fiscal Year 2017-18 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 Receive and file the Orange County Transportation Authority Fiscal Year 2017-18 91 Express Lanes 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 Vavrinek, Trine, Day and Co., LLP (VTD), an independent accounting firm, to obtain reasonable assurance as to whether the financial statements are free of material misstatement. Discussion VTD has completed its annual audit and has issued its opinion of the OCTA 91 Express Lanes financial statements for the FY ended June 30, 2018. 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 Fiscal Year 2017-18 91 Express Lanes Annual Financial Statements Page 2 United States. The auditors have issued an unqualified 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, 2018. A copy of the audited financial statements is included as Attachment A. Summary Vavrinek, Trine, Day and Co., LLP, an independent accounting firm, has audited the OCTA 91 Express Lanes financial statements and has issued its unqualified opinion as to the fairness of the financial statement’s presentation. Attachment A. 91 Express Lanes Fund (An Enterprise Fund of the Orange County Transportation Authority) Financial Statements For the Year Ended June 30, 2018. 91 EXPRESS LANES FUND (An Enterprise Fund of the Orange County Transportation Authority) FINANCIAL STATEMENTS For the Year Ended June 30, 2018 ATTACHMENT A 91 Express Lanes Fund (An Enterprise Fund of the Orange County Transportation Authority) Financial Statements For the Year Ended June 30, 2018 Contents Independent Auditors’ Report.................................................................................................................... 1 Management’s Discussion and Analysis ................................................................................................... 3 Financial Statements: Statement of Net Position ............................................................................................................................ 9 Statement of Revenues, Expenses and Changes in Fund Net Position ............................................... 10 Statement of Cash Flows ........................................................................................................................... 11 Notes to the Financial Statements ............................................................................................................ 13 25231 Paseo De Alicia, Suite 100, Laguna Hills, CA 92653 P 949.768.0833 F 949.768.8408 W vtdcpa.com 1 INDEPENDENT AUDITORS’ 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, an enterprise fund of the Orange County Transportation Authority (OCTA), as of and for the year ended June 30, 2018, 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. Auditors’ 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. Opinion In our opinion, the financial statements referred to above present fairly, in all material respects, the financial position of the 91 Express Lanes Fund as of June 30, 2018, 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. 2 Emphasis of Matter As discussed in Note 1, the financial statements present only the 91 Express Lanes Enterprise Fund of OCTA and do not purport to, and do not, present fairly the financial position of OCTA as of June 30, 2018, 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 on pages 3 through 8 be presented to supplement the basic financial statements. Such information, although not a part of the basic 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 basic 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. Other Reporting Required by Government Auditing Standards In accordance with Government Auditing Standards, we have also issued our report dated October 31, 2018, on our consideration of OCTA’s internal control over financial reporting 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 solely 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. 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. Laguna Hills, California October 31, 2018 91 Express Lanes Fund Management’s Discussion and Analysis (unaudited) For the Year Ended June 30, 2018 3 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, 2018. We encourage readers to consider the information on financial performance presented in conjunction with the financial statements that begin on page 9. All amounts, unless otherwise indicated, are expressed in thousands of dollars. Financial Highlights  At the end of fiscal year 2017-18, the total net position of the 91 EL was $206,857 and consisted of net investment in capital assets of $34,867; restricted net position of $13,522; and unrestricted net position of $158,468. Net position increased $33,882 during fiscal year 2017-18, which represents an increase of 19.6% from the fiscal year 2016-17 ending net position. The increase is primarily due to operating revenues in excess of operating expenses offset by bond interest expense.  In fiscal year 2017-18, total operating revenues increased by $1,613, which represents a 2.9% increase from the fiscal year 2016-17, primarily due to an increase in total trips. Total operating expenses decreased by $15,069, which represents a 43.4% decrease from fiscal year 2016-17, primarily due to a decrease in professional services related to the pavement rehabilitation project completed in the prior fiscal year. 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 fund 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 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 13-28 of this report. 91 Express Lanes Fund Management’s Discussion and Analysis 4 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, 2018, the 91 EL’s net position was $206,857, an increase of $33,882 or 19.6% from June 30, 2017. 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 2018 2017 Current and other assets $ 174,492 $ 142,721 Restricted assets 24,321 23,998 Capital assets, net 4,486 4,506 Intangible asset – toll road franchise, net 122,868 125,454 Total assets 326,167 296,679 Total deferred outflows of resources 8,342 9,011 Current liabilities 21,835 20,444 Long-term liabilities 105,817 112,271 Total liabilities 127,652 132,715 Net position: Net investment in capital assets 34,867 31,974 Restricted 13,522 13,199 Unrestricted 158,468 127,802 Total net position $ 206,857 $ 172,975 In fiscal year 2017-18, total assets increased by $29,488 which represents an increase of 9.9% from fiscal year 2016-17, due to an increase in cash, investments and receivables. Refer to notes 4 and 5 for changes in capital and intangible assets. Total liabilities decreased by $5,063 or 3.8% primarily due to principal payments during the fiscal year. The 91 EL’s net investment in capital assets was $34,867 compared to $31,974 in fiscal year 2016-17. 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 State Route (SR) 91 corridor. The increase of $2,893 in net investment in capital assets was primarily due to a reduction in related outstanding debt used to acquire capital assets in addition to an increase in capital assets offset by depreciation and amortization of assets. Restricted net position, representing resources subject to external restrictions on how they may be used, represented 6.5% of the total net position at June 30, 2018. The $323 increase in restricted net position is related to investment activity in bond reserve accounts. 91 Express Lanes Fund Management’s Discussion and Analysis 5 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 $127,802 at June 30, 2017 to $158,468 at June 30, 2018. This increase of $30,666 was primarily due to operating revenues in excess of operating expenses. The analysis in Table 2 focuses on the changes in net position. Table 2 91 Express Lanes Fund Changes in Net Position 2018 2017 Revenues: Operating revenues: Tolls, fees, and fines $ 57,615 $ 56,002 Total operating revenues 57,615 56,002 Operating expenses: Management and operational services 6,484 8,268 Administrative overhead 2,481 2,752 Other operating expenses 28 42 Insurance claims and premiums 332 324 Professional services 6,282 19,514 General and administrative 548 586 Depreciation and amortization 3,473 3,211 Total operating expenses 19,628 34,697 Operating income 37,987 21,305 Nonoperating revenues (expenses): Investment earnings 900 434 Interest expense (5,192) (5,460) Other 1,321 1,046 Transfers to other OCTA funds (1,134) - Total nonoperating expenses (4,105) (3,980) Changes in net position 33,882 17,325 Total net position—beginning 172,975 155,650 Total net position—ending $ 206,857 $ 172,975 The 91 EL’s total operating revenues increased by 2.9%, while total operating expenses decreased by 43.4%. Total traffic volume on the 91 EL during fiscal year 2017-18 was 16,719,371 trips reflecting an increase of 16.2% in comparison to fiscal year 2016-17 and contributed to an increase in revenue from toll road fees. The decrease in operating expenses is mainly attributable to a decrease of $13,232 in professional services primarily related to the completion of the pavement rehabilitation project and a decrease of $1,784 in management and operational services due to the cost sharing agreement with Riverside County Transportation Commission (RCTC) for the joint operation of the 91 Express Lanes. 91 Express Lanes Fund Management’s Discussion and Analysis 6 Capital Assets and Intangible Asset Capital Assets As of June 30, 2018, the 91 EL had $4,486 net of accumulated depreciation, invested in a broad range of capital assets including: construction in progress, improvements, 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 2017-18 was $20, which was primarily due to depreciation. Table 3 91 Express Lanes Fund Capital Assets, net of depreciation and amortization 2018 2017 Construction in progress $ - $ 687 Improvements 1,398 1,532 Communication equipment 1,553 1,233 Computer hardware and software 107 144 Transponders 1,409 887 Equipment, furniture, and fixtures 19 23 Total capital assets, net $ 4,486 $ 4,506 The 91 EL has outstanding capital expense commitments, the most significant of which is $7,548 for toll lanes system integrator services. More detailed information about the 91 EL’s capital assets is presented in note 4 to the financial statements. Intangible Asset Intangible asset activity for the year ended June 30, 2018 was as follows: Beginning Balance Increases Decreases Ending Balance Toll facility franchise $ 205,264 $ - $ - $ 205,264 Less accumulated amortization (79,810) (2,586) - (82,396) Total toll facility franchise, net $ 125,454 $ (2,586) $ - $ 122,868 More detailed information about the 91 EL’s intangible asset is presented in note 5 to the financial statements. 91 Express Lanes Fund Management’s Discussion and Analysis 7 Debt Administration As of June 30, 2018, the 91 EL had $103,605 in tax-exempt bonds outstanding compared to $109,130 at June 30, 2017, as presented in Table 4. The reduction is due to principal payments in fiscal year 2017-18 in the amount of $5,525. Table 4 91 Express Lanes Fund Outstanding Debt 2018 2017 Tax-exempt bonds $ 103,605 $ 109,130 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 $61,029 or 5.7% of OCTA’s fiscal year 2018-19 revenue budget. In fiscal year 2018-19, toll revenue is forecasted to increase by 26.92% over the fiscal year 2017-18 budgeted value. This increase is due to a forecasted increase in trips due to the extension of the Express Lanes into Riverside County. The average long term rate of growth for toll road revenues beyond fiscal year 2017-18 is 3.40%. The majority of expenses related to the 91 EL within the fiscal year 2018-19 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 2017-18, there were 140,694 active customer accounts, with 213,993 transponders assigned to those accounts, which represents an increase of 10,646 and 16,996 respectively from fiscal year 2016-17. 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 total cost for the first set of projects is approximately $1,650,000. One of these projects is the initial SR-91 corridor improvement project that widens the SR-91 by one general purpose lane in each direction east of Green River Road, adds collector-distributor roads and direct south connectors at Interstate-15 (I-15)/SR-91 and extends the 91 EL to the I-15. Construction began in fiscal year 2013-14 and was completed in fiscal year 2017-18. This project required close coordination with RCTC in order to minimize impacts to the 91 EL’s operations. Included in the 2018 SR-91 Implementation Plan, the Orange County set of projects include two improvements at a total cost from approximately $327 to $427 million. The projects include the SR-91 widening improvements between SR-57 and SR-55 and a potential new interchange or overcrossing at Fairmont Boulevard. 91 Express Lanes Fund Management’s Discussion and Analysis 8 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. 91 Express Lanes Fund (An Enterprise Fund of the Orange County Transportation Authority) Statement of Net Position For the Year Ended June 30, 2018 See accompanying notes to financial statements. 9 Assets Current Assets: Cash and investments $ 155,650,314 Receivables: Interest 555,544 Violations, net 16,177,485 Other, net 1,432,176 Due from other governments 363,614 Other assets 313,388 Total current assets 174,492,521 Noncurrent Assets: Restricted cash and investments: Cash equivalents 24,320,582 Capital assets, net: Depreciable 4,486,186 Intangible asset - toll road franchise, net 122,867,903 Total noncurrent assets 151,674,671 Total Assets 326,167,192 Deferred Outflows of Resources Deferred charge on refunding 8,341,623 Total Deferred Outflows of Resources 8,341,623 Liabilities Current Liabilities: Accounts payable 7,737,687 Accrued interest payable 1,924,341 Due to other funds 208,595 Due to other governments 301 Unearned revenue 5,852,885 Other liabilities 300,324 Bonds payable - due within one year 5,810,000 Total current liabilities 21,834,133 Noncurrent Liabilities: Bonds payable - due in more than one year 105,817,383 Total noncurrent liabilities 105,817,383 Total Liabilities 127,651,516 Net Position Net investment in capital assets 34,866,854 Restricted for: Debt service 234,723 Capital 10,221,026 Operating reserves 3,066,308 Unrestricted 158,468,388 Total Net Position $ 206,857,299 91 Express Lanes Fund (An Enterprise Fund of the Orange County Transportation Authority) Statement of Revenues, Expenses and Changes in Fund Net Position For the Year Ended June 30, 2018 See accompanying notes to financial statements. 10 Operating revenues: Tolls, fees, and fines $ 57,614,831 Operating expenses: Management and operational services 6,484,482 Administrative overhead 2,481,050 Other operating expenses 27,615 Insurance claims and premiums 331,567 Professional services 6,281,463 General and administrative 548,149 Depreciation and amortization 3,472,629 Total operating expenses 19,626,955 Operating income 37,987,876 Nonoperating revenues (expenses): Investment earnings 899,802 Interest expense (5,191,731) Other 1,320,932 Transfers to other OCTA funds (1,134,205) Total nonoperating revenues (expenses)(4,105,202) Change in net position 33,882,674 Total net position - beginning 172,974,625 Total net position - ending $ 206,857,299 91 Express Lanes Fund (An Enterprise Fund of the Orange County Transportation Authority) Statement of Cash Flows For the Year Ended June 30, 2018 See accompanying notes to financial statements. 11 Cash flows from operating activities: Receipts from customers and users $ 54,337,747 Payments to suppliers (13,292,538) Payments for OCTA interfund services used (2,481,050) Miscellaneous revenue received 1,107,502 Net cash provided by operating activities 39,671,661 Cash flows from noncapital financing activities: Reimbursement from other governments 119,216 Transfers to OCTA funds (925,610) Net cash used for noncapital financing activities (806,394) Cash flows from capital and related financing activities: Principal payment on long-term debt (5,525,000) Interest paid on long-term debt (5,269,699) Acquisition and construction of capital assets (653,455) Net cash used for capital and related financing activities (11,448,154) Cash flows from investing activities: Interest Received 610,962 Net cash provided by investing activities 610,962 Net increase in cash and cash equivalents 28,028,075 Cash and cash equivalents at beginning of year 151,942,821 Cash and cash equivalents at end of year $ 179,970,896 Reconciliation of cash and cash equivalents to statement of net assets: Cash and investments $ 155,650,314 Restricted cash and investments 24,320,582 Total cash and cash equivalents $ 179,970,896 91 Express Lanes Fund (An Enterprise Fund of the Orange County Transportation Authority) Statement of Cash Flows (Continued) For the Year Ended June 30, 2018 See accompanying notes to financial statements. 12 Reconciliation of operating income to net cash provided by (used for) operating activities: Operating income $ 37,987,876 Adjustments to reconcile operating income to net cash provided by (used for) operating activities: Depreciation expense 885,936 Amortization of Franchise Agreement 2,586,693 Amortization of prepaid expense 34,683 Amortization of prepaid insurance 331,567 Miscellaneous 1,107,502 Change in assets and liabilities: Violations receivables, net (3,868,794) Other receivables, net 18,481 Other assets (412,434) Accounts payable 1,992,789 Due to other governments (1,565,867) Unearned revenue 543,505 Other liabilities 29,724 Total adjustments 1,683,785 Net cash provided by operating activities $ 39,671,661 Noncash capital, financing and investing activities: Amortization of bond premium $ (643,937) Amortization of bond deferred charges $ 669,562 Investment Earnings $ 236,168 91 Express Lanes Fund (An Enterprise Fund of the Orange County Transportation Authority) Notes to the Financial Statements For the Year Ended June 30, 2018 13 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 discussion of the service concession arrangement. 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 nonoperating 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. 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 nonoperating 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. 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2018 14 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 June 11, 2018. The Policy complies with, or is more restrictive than, the California Government Code (Code). At June 30, 2018, the investment portfolios were maintained at MUFG Union 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. 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 (CAFR) 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 market prices, 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 Orange County Treasury Investment Pool (OCIP) is carried at fair value based on the value of each participating dollar as provided by the OCIP. The state managed Local Agency Investment Fund (LAIF) is carried at fair value based on the value of each participating dollar as provided by LAIF. 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 instrumentality securities, federal agencies, State of California and local agency obligations, banker’s acceptance, commercial paper, negotiable certificates of deposit, repurchase agreements, medium-term maturity corporate securities, money market funds, other mutual funds, mortgage or asset-backed securities, LAIF, OCIP, variable and floating rate securities and bank deposits. Investment agreements are also allowed for bond issues. 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. 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2018 15 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, OCIP, 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 $1,118,676 at June 30, 2018. For unpaid violations in excess of 90 days, the receivable is estimated using a three-year average of violations collected and is recorded net of uncollectible accounts as the majority is not considered probable of collection. 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 $393,999 at June 30, 2018. An estimated $13.2 million 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. 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2018 16 Capital Assets Capital assets include 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 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: 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 Intangible Asset – Toll Facility Franchise 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, 2018, 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. Due to other Governments Due to other governments include payables due to other government agencies. 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2018 17 Risk Management The 91 Express Lanes Fund purchases commercial property insurance including business interruption, earthquake and flood coverage related to 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 outflow of resources and liabilities plus deferred inflow 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 statement of net position includes restricted net position for the portion of debt attributable to unspent proceeds, 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. 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2018 18 New Effective Accounting Pronouncements In fiscal year 2017-18, OCTA implemented the following GASB Statements: GASB Statement No. 75 In June 2015, GASB issued Statement No. 75, Accounting and Financial Reporting for Postemployment Benefits Other Than Pensions. The primary objective of this Statement is to improve accounting and financial reporting by state and local governments for postemployment benefits other than pensions (other postemployment benefits or OPEB). It also improves information provided by state and local governmental employers about financial support for OPEB that is provided by other entities. This Statement replaces the requirements of Statements No. 45, Accounting and Financial Reporting by Employers for Postemployment Benefits Other Than Pensions, as amended, and No. 57, OPEB Measurements by Agent Employers and Agent Multiple-Employer Plans, for OPEB. Statement No. 74, Financial Reporting for Postemployment Benefit Plans Other Than Pension Plans, establishes new accounting and financial reporting requirements for OPEB plans. This Statement is effective for OCTA’s fiscal year ending June 30, 2018. There was no current effect on the financial statements of the 91 Express Lanes Fund as a result of the implementation of this Statement. GASB Statement No. 85 In March 2017, GASB issued Statement No. 85, Omnibus 2017. The objective of this Statement is to address practice issues that have been identified during implementation and application of certain GASB Statements. This Statement addresses a variety of topics including issues related to blending component units, goodwill, fair value measurement and application, and postemployment benefits (pensions and other postemployment benefits [OPEB]). This Statement is effective for OCTA’s fiscal year ending June 30, 2018. There was no current effect on the financial statements of the 91 Express Lanes Fund as a result of the implementation of this Statement. GASB Statement No. 86 In May 2017, GASB issued Statement No. 86, Certain Debt Extinguishment Issues. The primary objective of this Statement is to improve consistency in accounting and financial reporting for in-substance defeasance of debt by providing guidance for transactions in which cash and other monetary assets acquired with only existing resources—resources other than the proceeds of refunding debt—are placed in an irrevocable trust for the sole purpose of extinguishing debt. This Statement also improves accounting and financial reporting for prepaid insurance on debt that is extinguished and notes to financial statements for debt that is defeased in substance. This Statement is effective for OCTA’s fiscal year ending June 30, 2018. There was no current effect on the financial statements of the 91 Express Lanes Fund as a result of the implementation of this Statement. 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2018 19 3. Cash and Investments Cash and investments are comprised of the following at June 30, 2018: Deposits: Petty cash $ 550 Deposits 5,091,797 Total deposits 5,092,347 Investments: With OCTA Commingled Investment Pool 150,873,035 With trustee 24,005,514 Total investments 174,878,549 Total cash and investments $ 179,970,896 Total deposits and investments are reported in the financial statements as: Unrestricted cash and investments $ 155,650,314 Restricted cash and investments: Cash equivalents 24,320,582 Total cash and investments $ 179,970,896 As of June 30, 2018, the 91 Express Lanes Fund had the following investments: Investment Principal Fair Value Yield Interest Rate Range Maturity Range Weighted Average Maturity (Years) OCTA Commingled Investment Pool $ 151,921,421 $ 150,873,035 Refer to the OCTA CAFR for information related to the OCTA Commingled Investment Pool. Held by trustee: *Money Market Funds 397 397 1.48% NA 7/1/18 1 Day *Commercial Paper 24,005,117 24,005,117 1.770% - 1.911% 1.770% 8/2/18- 8/8/18 .05 Total investments $ 175,926,935 $ 174,878,549 Portfolio Weighted Average 1.94 *Money market funds and commercial paper are measured at amortized cost which approximates fair value. 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2018 20 As of June 30, 2018, the 91 Express Lanes Fund had $150,873,035 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, 2018 is uncategorized, not defined as a Level 1, Level 2, or Level 3 input. Refer to the OCTA CAFR for fiscal year 2017-18 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, 2018. (NR means Not Rated): Investments S&P Moody’s Fitch % of 91 Express Lanes Portfolio OCTA Commingled Investment Pool NR NR NR 86.27% Held by trustee: Money Market Funds AAAm Aaa AAA 0.00% Commercial Paper PEPSICO A-1 P-1 NR 7.42% US Bank A-1 P-1 F1 6.31% Total 100.00% 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2018 21 Concentration of Credit Risk At June 30, 2018, OCTA did not exceed the Policy maximum concentrations as stated below: Issuer/Counter-Party Diversification Guidelines For All Securities Except Federal Agencies, Federal Instrumentalities, Investment Agreements, Repurchase Agreements and OCTA Debt  5% for any one corporation, bank, local agency, special purpose vehicle or other corporate name for one or more series of securities. Issuer/Counter-Party Diversification Guidelines For Federal Agencies, Federal Instrumentalities and Repurchase Agreements  35% for any one Federal Agency or Federal Instrumentalities.  50% for any one repurchase agreement counter-party name if the maturity/term is less than or equal to 7 days.  35% for any one repurchase agreement counter-party name if the maturity/term is greater than 7 days. 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, 2018: Issuer Amount % of 91 Express Lanes Portfolio US Bank (Commercial Paper) $ 11,033,248 6.31% PEPSICO (Commercial Paper) $ 12,971,869 7.42% 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2018 22 4. Capital Assets Capital asset activity for the 91 Express Lanes Fund for the year ended June 30, 2018 is as follows: Beginning Balance Increases Decreases Ending Balance Capital assets, not being depreciated: Construction in progress $ 687,000 $ - $ (687,000) $ - Total capital assets, not being depreciated 687,000 - (687,000) - Capital assets, being depreciated: Improvements 3,450,464 - (5,701) 3,444,763 Communications equipment 4,377,654 697,301 - 5,074,955 Computer hardware and software 2,880,261 7,032 (153,604) 2,733,689 Transponders 4,280,519 855,253 (262,452) 4,873,320 Equipment, furniture and fixtures 161,925 - - 161,925 Total capital assets, being depreciated 15,150,823 1,559,586 (421,757) 16,288,652 Less accumulated depreciation for: Improvements (1,918,941) (127,808) - (2,046,749) Communications equipment (3,144,380) (377,263) - (3,521,643) Computer hardware and software (2,736,873) (43,308) 153,604 (2,626,577) Transponders (3,393,542) (333,141) 262,452 (3,464,231) Equipment, furniture and fixtures (138,850) (4,416) - (143,266) Total accumulated depreciation (11,332,586) (885,936) 416,056 (11,802,466) Total capital assets, being depreciated, net 3,818,237 673,650 (5,701) 4,486,186 Total capital assets, net $ 4,505,237 $ 673,650 $ (692,701) $ 4,486,186 5. Service Concession Arrangements – Toll Facility Franchise On January 3, 2003, OCTA purchased from the California Private Transportation Company (CPTC) its interest in a Franchise Agreement for a toll facility on a 10-mile segment of the Riverside Freeway/State 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. 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2018 23 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. Intangible asset activity for the year ended June 30, 2018 was as follows: Beginning Balance Increases Decreases Ending Balance Toll facility franchise $ 205,263,668 $ - $ - $ 205,263,668 Less accumulated amortization (79,809,072) (2,586,693) - (82,395,765) Total toll facility franchise, net $ 125,454,596 $ (2,586,693) $ - $ 122,867,903 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 deferred and 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. 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2018 24 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. 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 refunding resulted in a difference between the reacquisition price and the net carrying amount of the old debt of $4,366,861. The transaction resulted in a reduction of debt service payments of $26,916,929 over 18 fiscal years and an economic gain (difference between the present values of the debt service payments of the original 2003 and 2013 debt) of $19,271,945. The Series 2013 Bonds were issued as fixed rate bonds. The transaction closed on August 8, 2013. A summary of the terms of the Toll Road Revenue Refunding Bonds is as follows: The Toll Road Revenue Refunding Bonds have ratings of “A1” by Moody’s, “A“ from Fitch, and “AA-“ by Standard & 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 $10,360,500; Major Maintenance Reserve Fund $10,000,000; and Operating Reserve Fund $3,000,000. At June 30, 2018, all reserve requirements have been satisfied. Issuance date 07/30/2013 Closing date 08/08/2013 Original issue amount $124,415,000 Cash reserve requirements $23,360,500 * Cash reserve balance $24,320,582 Interest rate 2%-5% Maturity December 2030 Principal payment date August 15 Balance as of 06/30/18 $103,605,000 Unamortized premium $8,022,383 Deferred amount on refunding $(8,341,623) 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2018 25 Annual debt service requirements on the tax-exempt bonds as of June 30, 2018, are as follows: Year ending June 30, Principal Interest Total 2019 $ 5,810,000 $ 4,986,325 $ 10,796,325 2020 6,110,000 4,688,325 10,798,325 2021 6,420,000 4,375,075 10,795,075 2022 6,750,000 4,045,825 10,795,825 2023 7,095,000 3,699,700 10,794,700 2024-2028 41,335,000 12,651,500 53,986,500 2029-2031 30,085,000 2,303,213 32,388,213 Total $ 103,605,000 $ 36,749,963 $ 140,354,963 Changes in Long-Term Liabilities Long-term liabilities activity for the year ended June 30, 2018, was as follows: Beginning Balance Additions Reductions Ending Balance Due within One Year Tax-exempt bonds $109,130,000 $ - $(5,525,000) $103,605,000 $5,810,000 Unamortized premium 8,666,320 - (643,937) 8,022,383 - Total long-term liabilities $117,796,320 $ - $(6,168,937) $111,627,383 $5,810,000 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 depreciation and interest expense. Pledged revenue for the year ended June 30, 2018, was as follows: Pledged Revenue Annual Amount of Net Pledged Revenue Annual Debt Service Payments Pledged Revenue Coverage Required Debt Coverage 91 Express Lanes Net Toll Road Revenue $ 42,210,490 $10,794,700 3.91 1.30 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2018 26 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. This will help ensure streamlined consistent inter-county travel for motorists on the original 10-mile span of the 91 Express Lanes and the new eight miles extension into Riverside County. Purchase Commitments The 91 Express Lanes has various outstanding contracts. Total purchase commitments at June 30, 2018 were $63,371,885, the most significant are with Cofiroute and RCTC for the operations of the 91 Express Lanes, with Kapsch TrafficCom for toll lanes integrator services, and with Caltrans for pavement rehabilitation. 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, 2018 were $534,271. Future minimum payments for these leases approximate the following: For the year ending June 30, 2019 $ 347,433 2020 336,496 2021 346,596 2022 356,998 2023 367,710 2024-2031 2,977,860 Total $ 4,733,093 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2018 27 On April 13, 2015 the OCTA Board of Directors approved a 15-year lease extension for the 91 Express Lanes Anaheim office. A portion of the lease will be funded by RCTC per agreement between OCTA and RCTC entered into in December 2011. The lease extension was executed on July 22, 2015. 8. Effect of New Pronouncements: GASB Statement No. 83 In November 2016, GASB issued Statement No. 83, Certain Asset Retirement Obligations. This Statement addresses accounting and financial reporting for certain asset retirement obligations (AROs). An ARO is a legally enforceable liability associated with the retirement of a tangible capital asset. A government that has legal obligations to perform future asset retirement activities related to its tangible capital asset should recognize a liability based on the guidance in this Statement. This Statement also requires disclosure of information about the nature of a government’s ARO, the methods and assumptions used for the estimates of the liabilities, and the estimated remaining useful life of the associated tangible capital assets. This Statement is effective for OCTA’s fiscal year ending June 30, 2019. OCTA has not determined the effect of this Statement. 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, (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 is effective for OCTA’s fiscal year ending June 30, 2020. OCTA has not determined the effect of this Statement. 91 Express Lanes Fund Notes to the Financial Statements For the Year Ended June 30, 2018 28 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 is effective for OCTA’s fiscal year ending June 30, 2021. OCTA has not determined the effect of this Statement. GASB Statement No. 88 In April 2018, GASB issued Statement No. 88, Certain Disclosures Related to Debt, Including Direct Borrowings and Direct Placements. The primary objective of this Statement is to improve the information that is disclosed in notes to government financial statements related to debt, including direct borrowings and direct placements. It also clarifies which liabilities governments should include when disclosing information related to debt. This Statement is effective for OCTA’s fiscal year ending June 30, 2019. OCTA has not determined the effect of this Statement. GASB Statement No. 89 In June 2018, GASB issued Statement No. 89, Accounting for Interest Cost Incurred before the End of a Construction Period. The objectives of this Statement are (1) to enhance the relevance and comparability of information about capital assets and the cost of borrowing for a reporting period and (2) to simplify accounting for interest cost incurred before the end of a construction period. This Statement is effective for OCTA’s fiscal year ending June 30, 2021. OCTA has not determined the effect of this Statement. 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 is effective for OCTA’s fiscal year ending June 30, 2020. OCTA has not determined the effect of this Statement. RIVERSIDE COUNTY TRANSPORTATION COMMISSION DATE: March 1, 2019 TO: State Route 91 Advisory Committee FROM: Theresia Trevino, Chief Financial Officer THROUGH: Anne Mayer SUBJECT: Fiscal Year 2017/18 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) 2017/18 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 United States Department of Transportation TIFIA Loan Agreement for the SR-91 Corridor Improvement Project, RCTC is required to obtain an independent auditor’s opinion on the financial statements. Macias Gini & O’Connell LLP (MGO), an independent accounting firm, conducted the audit for FY 2017/18 to obtain reasonable assurance about wheth er the financial statements are free from material misstatement. MGO completed its annual audit and issued its opinion of the RCTC 91 Express Lanes Fund financial statements for FY 2017/18. The audit was conducted in accordance with auditing standards generally accepted in the United States of America. MGO 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, 2018, 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 2017/18 audited financial statements for the RCTC 91 Express Lanes Fund present the first full year of operations for the RCTC 91 Express Lanes and are included as an attachment. Attachment: Fiscal Year Ended June 30, 2018 RCTC 91 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Financial Statements SR-91 RIVERSIDECOUNTY TR ANSPORTATION COMMISSION RC TC FISCAL YEAR ENDED JUNE 30, 2018RCTC 91 EXPRESS LANES FUNDFINANCIAL STATEMENTS (Enterprise Fund of the Riverside County Transportation Commission) ATTACHMENT A RIVERSIDECOUNTY TR ANSPORTATION COMMISSION RC TC RCTC 91 Express Lanes Fund(Enterprise Fund of the Riverside County Transportation Commission)Financial Statements For the Year Ended June 30, 2018 CONTENTS Independent Auditors’ Report 1 Management’s Discussion and Analysis 3 Financial Statements Statement of Net Position 9 Statement of Revenues, Expenses and Changes in Fund Net Position 10 Statement of Cash Flows 11 Notes to Financial Statements 13 RIVERSIDECOUNTY TR ANSPORTATION COMMISSION RC TC Independent Auditors’ Report RIVERSIDECOUNTY TR ANSPORTATION COMMISSION RC TC 1 www.mgocpa.com Macias Gini & O’Connell LLP 4675 MacArthur Court, Suite 600 Newport Beach, CA 92660 1 Independent Auditor’s Report Board of Commissioners Riverside County Transportation Commission Riverside, California 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, 2018, 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. 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. 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, 2018, 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. 2 2 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, 2018, 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 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 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 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. Newport Beach, California October 30, 2018 Management’s Discussion & Analysis RIVERSIDECOUNTY TR ANSPORTATION COMMISSION RC TC RCTC 91 Express Lanes Fund Management’s Discussion and Analysis For the Year Ended June 30, 2018 3 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, 2018. 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) 2017/18, the total net position (deficit) of the Fund was ($277,767,334) and consisted of net investment in capital assets of ($286,349,191) and restricted net position of $8,581,857. • Net position of ($277,767,334) during FY 2017/18 reflects the first 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 2017/18, total operating revenues of $50,446,824 include toll, violation penalty, and account fee revenues and Orange County Transportation Authority (OCTA) reimbursements. Total operating expenses of $21,960,551 include roadway and toll systems maintenance, customer service, back office operations, and other support costs. 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, deferred outflows of resources, and deferred 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 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 13-25 of this report. 91 Express Lanes Financial Analysis As noted previously, net position may serve over time as a useful indicator of the Fund’s financial position. At June 30, 2018, the Fund’s net position reflected a deficit of $277,767,334. Our analysis below focuses on net position and changes in net position of the Fund’s financial activities. RCTC 91 Express Lanes Fund Management’s Discussion and Analysis For the Year Ended June 30, 2018 4 FY 2017/18 represents the first full year of toll operations for the Fund. As a result, total assets increased $57,094,217, or 17%, due to increases in cash and investments, receivables, and capital and intangible assets. Total liabilities increased $41,378,695, or 7%, primarily due to increases in deferred violation revenues and toll supported long-term debt related to accreted and compounded interest. The Fund’s net investment in capital assets reflects a deficit of $286,349,191 and represents (103.1%) of the total net position (deficit) in FY 2017/18. 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 intangible assets), less any related outstanding debt used to acquire these assets. The Fund uses these capital and intangible assets to provide improved mobility for the Fund customers and commuters along the SR-91 corridor. Restricted net position, representing resources subject to external restrictions on how they may be used, was $8,581,857 and represents 3.1% of the total net position at June 30, 2018. 2018 2017 Current and other assets 59,551,294$ 8,591,572$ Restricted assets 29,828,745 27,562,399 Capital assets, net 65,239,555 71,341,737 Intangible assets, net 244,045,820 234,075,489 Total assets 398,665,414 341,571,197 Deferred outflows of resources 310,156 84,567 Total assets and deferred outflows of resources 398,975,570 341,655,764 Current liabilities 27,640,364 6,770,239 Long-term liabilities 649,070,652 628,562,082 Total liabilities 676,711,016 635,332,321 Deferred inflows of resources 31,888 2,283 Total liabilities and deferred inflows of resources 676,742,904 635,334,604 Net position Net investment in capital assets (286,349,191) (301,737,495) Restricted 8,581,857 8,058,655 Total net position (deficit)(277,767,334)$ (293,678,840)$ RCTC 91 Express Lanes Fund Net Position RCTC 91 Express Lanes Fund Management’s Discussion and Analysis For the Year Ended June 30, 2018 5 The analysis below focuses on the changes in net position. The Fund’s total operating revenues increased $40,321,529, or 398% and total operating expenses increased $16,128,927, or 277%, as a result of the first full year of toll operations. Nonoperating expenses increased $20,099,213, or 271%, primarily due to a full year of interest expense. Net transfers from the Commission decreased by $305,496,957 as a result of the prior year’s transfer of capital and intangible assets, offset by the transfer of toll-supported long-term debt related to the 91 Project. Total traffic volume on the RCTC 91 Express Lanes Fund during FY 2017/18 was approximately 14,518,000 trips compared to 4,049,000 trips in FY 2016/17. 2018 2017 Operating revenues Toll, penalties, and fees 50,446,824$ 10,125,295$ Total operating revenues 50,446,824 10,125,295 Operating expenses Management and operational services 9,136,307 2,691,372 Administrative overhead 532,600 - Other operating expenses 464,119 275,308 Professional services 815,345 117,772 General and administrative 826,558 219,932 Depreciation and amortization 10,185,622 2,527,240 Total operating expenses 21,960,551 5,831,624 Operating income 28,486,273 4,293,671 Nonoperating revenues (expenses) Investment income (loss)(32,662) 3,435 Interest expense (27,115,090) (7,428,630) Other (376,656) - Total nonoperating expenses (27,524,408) (7,425,195) Income (loss) before transfers 961,865 (3,131,524) Transfers from the Commission, net 14,949,641 (290,547,316) Changes in net position 15,911,506 (293,678,840) Total net position at beginning of year (293,678,840) - Total net position at end of year (277,767,334)$ (293,678,840)$ Changes in Net Position RCTC 91 Express Lanes Fund RCTC 91 Express Lanes Fund Management’s Discussion and Analysis For the Year Ended June 30, 2018 6 Capital and Intangible Assets Capital Assets As of June 30, 2018, the Fund had $65,239,555, net of accumulated depreciation, 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; and transponders. The decrease of $6,102,182, or 9%, was primarily due to the sale of excess land and the depreciation of the Fund’s toll infrastructure. More detailed information about the Fund’s capital assets is presented in note 4 to the financial statements. Intangible Assets The information below is a summary of the Commission’s intangible assets, net of accumulated amortization: The increase of $9,970,331, or 4%, is a result of 91 Project completion costs, offset by the current year amortization. More detailed information about the Fund’s intangible assets is presented in note 5 to the financial statements. 2018 2017 Land and land improvements 43,032,888$ 44,658,207$ Construction in progress 174,151 - Toll infrastructure 21,211,466 26,071,062 Transponders 360,181 109,743 Buildings 444,408 484,809 Equipment, furniture, and vehicles 16,461 17,916 Total capital assets, net 65,239,555$ 71,341,737$ RCTC 91 Express Lanes Fund Capital Assets, Net of Depreciation 2018 2017 Total intangible asset, net 244,045,820$ 234,075,489$ Intangible Assets, Net of Amoritization RCTC 91 Express Lanes Fund RCTC 91 Express Lanes Fund Management’s Discussion and Analysis For the Year Ended June 30, 2018 7 Debt Administration As of June 30, 2018, the Fund had $648,503,036 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 $19,951,366, or 3%, is due to the compounded and accreted interest on the toll-supported long-term debt. Additional information on long-term debt can be found in note 7 to the financial statements. Economic and Other Factors The Fund makes up $45,581,800 or 7% of Commission’s FY 2018/19 revenue budget. In FY 2018/19, toll and non-toll revenues are forecasted to increase by 168% over the FY 2017/18 budget. This increase is based on estimated toll transactions and current traffic and revenue data. The RCTC 91 Express Lanes have exceeded initial expectations; accordingly, the Commission traffic consultant is updating the investment grade and traffic and revenue study. The average projected long-term rate of growth for toll road revenues beyond FY 2018/19 is 6.9%. The majority of expenses related to the Fund within FY 2018/19 budget are on-going general costs related to day-to-day operations of the toll facility. As a fully electronic toll facility, motorists pay tolls through the convenient use of FasTrak® transponders that automatically deduct toll charges from a prepaid account. Under a cooperative agreement entered into with OCTA in December 2011, the RCTC 91 Express Lanes are jointly operated with the OCTA 91 Express Lanes and collectively referred to as the 91 Express Lanes. The Commission and OCTA agreed on the use of the same initial operator, cost and revenue sharing, toll policies, business rules, interoperability of technology, and shared marketing activities. The joint operation allows for the sharing of costs and a seamless customer experience. Contacting 91 Express Lane’s Management This financial report is designed to provide a general overview of the Fund’s finances for all those with an interest in the government’s finances and to demonstrate the Fund’s accountability for the money it receives. Questions concerning any of the information provide in this report or requests for additional information should be addressed to the Chief Financial Officer, Finance Department at the Riverside County Transportation Commission, 4080 Lemon Street, 3rd Floor, P.O. Box 12008, Riverside, CA 92502-2208. 2018 2017 Toll revenue bonds 194,522,170$ 189,923,251$ TIFIA loan 453,980,866 438,628,419 Total outstanding debt 648,503,036$ 628,551,670$ RCTC 91 Express Lanes Fund Outstanding Debt 8 RIVERSIDECOUNTY TR ANSPORTATION COMMISSION RC TC Financial Statements RIVERSIDECOUNTY TR ANSPORTATION COMMISSION RC TC 9 AssetsCurrent assets:Cash and investments 33,950,063$ ReceivablesAccounts 1,739,225 Interest 148,492 Violations 23,546,548 Prepaid expenses 166,966 Total current assets 59,551,294 Noncurrent assets:Restricted cash and investments 29,828,745 Capital assets, netNondepreciable 43,207,039 Depreciable 22,032,516 Intangible assets, net 244,045,820 Total noncurrent assets 339,114,120 Total assets 398,665,414 Deferred outflows of resourcesPension benefits 259,714 Other post-employment benefits 50,442 Total assets and deferred outflows of resources 398,975,570 LiabilitiesCurrent liabilities:Accounts payable 1,517,652 Interest payable 1,888,106 Due to other Commission funds 294,509 Unearned revenues 23,545,891 Other liabilities 375,050 Compensated absences liability 19,156 Total current liabilities 27,640,364 Noncurrent liabilities:Net pension liabilities 517,676 Other post-employment benefits liabilities 14,364 Compensated absences liability 35,576 Bonds payable - due in more than one year 648,503,036 Total noncurrent liabilities 649,070,652 Total liabilities 676,711,016 Deferred inflows of resourcesPension benefits 19,162 Other post-employment benefits 12,726 Total liabilities and deferred inflows of resources 676,742,904 Net positionNet investment in capital assets (286,349,191) Restricted for toll operations 8,581,857 Total net position (deficit)(277,767,334)$ See notes to financial statements RCTC 91 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Statement of Net Position June 30, 2018 10 Operating revenues Tolls, penalties, and fees 50,446,824$ Operating expenses Management and operational services 9,136,307 Administrative overhead 532,600 Other operating expenses 464,119 Professional services 815,345 General and administrative expenses 826,558 Depreciation and amortization 10,185,622 Total operating expenses 21,960,551 Operating income 28,486,273 Nonoperating revenues (expenses) Investment earnings (loss)(32,662) Interest expense (27,115,090) Loss on sale of capital assets (376,656) Total nonoperating revenues (expenses)(27,524,408) Income before transfers 961,865 Transfers Transfers in from Commission governmental activities 15,166,596 Transfers out to Commission governmental funds (216,955) Total transfers 14,949,641 Change in net position 15,911,506 Net position at beginning of year (293,678,840) Net position at end of year (277,767,334)$ 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, 2018 11 Cash flows from operating activities Receipts from customers and users 49,702,640$ Payments to vendors (10,087,808) Payments to employees (426,598) Payments for RCTC interfund services used (345,162) Reimbursements received for shared costs 255,756 Net cash provided by operating activities 39,098,828 Cash flows from noncapital financing activities Transfers to governmental activities for excess investment earnings (1,344,509) Net cash provided by noncapital financing activities (1,344,509) Cash flows from capital and related financing activities Interest paid on long-term debt (7,119,938) Acquisition of capital assets, net of reimbursements from other governments (553,487) Deposits received related to pending sale of land 250,756 Proceeds from sale of capital assets 1,248,662 Net cash provided by capital and related financing activities (6,174,007) Cash flows from investing activities Interest received 87,051 Net cash used for investing activities 87,051 Net increase in cash and cash equivalents 31,667,363 Cash and cash equivalents at beginning of year 32,289,383 Cash and cash equivalents at end of year 63,956,746$ Reconciliation of cash and cash equivalents to statement of net position Cash and investments 33,950,063$ Add: fair value adjustment 177,938 34,128,001 Restricted cash and investments 29,828,745 Total cash and cash equivalents 63,956,746$ See notes to financial statements RCTC 91 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Statement of Cash Flows For the Year Ended June 30, 2018 12 Reconciliation of operating income (loss) to net cash provided by (used for) operating activities Operating income 28,486,273$ Adjustments to reconcile operating income to net cash provided by (used for) operating activities Depreciation and amortization expense 10,185,622 Change in assets and liabilities (Increase) Decrease in violations receivables (20,896,980) (Increase) Decrease in other receivables, net (496,995) (Increase) Decrease in prepaid assets (35,631) Increase (Decrease) in pension and post-employment benefit liabilities, net of deferred items 277,643 Increase (Decrease) in accounts payable 373,186 Increase (Decrease) in due to other funds 270,843 Increase (Decrease) in unearned revenues 20,896,323 Increase (Decrease) in deposits payable 50 Increase (Decrease) in compensated absences liability 38,494 Total adjustments 10,612,555 Net cash provided by operating activities 39,098,828$ Noncash capital, financing and investing activities Amortization of bond discount 73,073$ Accreted and compounded interest 19,878,293 See notes to financial statements RCTC 91 Express Lanes Fund (Enterprise Fund of the Riverside County Transportation Commission) Statement of Cash Flows, Continued For the Year Ended June 30, 2018 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2018 13 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 (I-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, 2018. 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. 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 charges to 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. Cash and investments: The Commission maintains cash and investments in accordance with the Investment Policy adopted by the Board of Commissioners in December 2017. 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. RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2018 14 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, money market funds, 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, negotiable certificates of deposit, repurchase agreements, money market funds, other mutual funds, investment agreements, RCPIF, and variable and floating rate securities. Receivables: Violations receivables include uncollected violation tolls and penalties. Unpaid violations of $23,546,248 as of June 30, 2018 are not recognized as revenue until payment is received and therefore are reflected as unearned revenue. 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. Other 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; 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 one year. 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: Intangible assets: 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 I-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. Asset Type Useful Life Buildings 10 years Equipment, furniture and fixtures 3 to 5 years Toll infrastructure 5 to 10 years Transponders 5 years RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2018 15 Note 2. Summary of Significant Accounting Policies, Continued 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, 2018, the Fund has two items which qualify for reporting in this category – pension and other post-employment benefits. Due to other Commission funds: During the course of operations, transactions occur between 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 (CalPERS) plans (Plans) and additions to/deduction from Plans’ fiduciary net position have been determined on the same basis as they are reported by CalPERS. 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. Postemployment benefits other than pensions: For purposes of measuring the net other post-employment benefits (OPEB) liability, deferred outflows/inflows of resources related to the OPEB liability 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 CalPERS. 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 had two items which qualifies for reporting in this category – 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 three categories: RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2018 16 Note 2. Summary of Significant Accounting Policies, Continued • Net investment 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. 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 at June 30, 2018: 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 significant other observable inputs; and Level 3 inputs are significant unobservable inputs (the Commission does not value any of its investments using Level 3 inputs). Cash in bank $278,774 Investments With RCPIF 33,671,289 With Trustee 29,828,745 Total investments 63,500,034 Total cash and investments $63,778,808 Total cash and investments are reported in the financial statements as: Unrestricted cash and investments $ 33,950,063 Restricted cash and investments 29,828,745 Total cash and investments $63,778,808 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2018 17 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, 2018: Investments classified in Level 1 of the value hierarchy, valued at $10,163,335 are valued using quoted prices in active markets. U.S. agency securities totaling $2,220,541, corporate notes totaling $2,416,983, money market funds totaling $5,644,587, mortgage and asset-backed securities totaling $8,983,299, and municipal bonds totaling $400,000, 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. Fair Value Measurements Using Investments by fair value level:June 30, 2018 Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Investments subject to fair value hierarchy:U.S. Treasury obligations $ 10,163,335 $ 10,163,335 $ –U.S. agency securities 2,220,541 – 2,220,541 Corporate notes 2,416,983 – 2,416,983Money market mutual funds 5,644,587 – 5,644,587Mortgage and asset-backed securities 8,983,299 – 8,983,299Municipal bonds 400,000 – 400,000Total investments measured at fair value 29,828,745 $ 10,163,335 $ 19,665,410 Investments not subject to fair value hierarchy:RCPIF 33,671,289Total investments $ 63,500,034 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2018 18 Note 3. Cash and Investments, Continued As of June 30, 2018, the Fund has the following restricted investments: The weighted average maturity is calculated using the investment’s effective duration weighted by the investment’s fair value. As of June 30, 2018, mortgage and asset-backed securities totaled $8,983,299. 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+ at 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, 2018 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. Investments Fair Value Principal Interest Rate Range Maturity Range Weighted Average Maturity (Years) RCPIF $ 33,671,289 $ 34,137,231 0.726% – 3.100%07/01/18 – 06/29/23 1.173Held by Trustee Corporate notes 2,416,983 2,426,463 2.493% – 3.405%11/05/18 – 06/11/21 1.352 Money market 5,644,587 5,644,587 0.00% – 1.330%N/A 0.000 Mortgage and asset-backed securities 8,983,299 9,212,189 -3.395% – 5.963%11/01/18 – 09/16/55 12.482 Municipal bonds 400,000 400,000 1.800% – 2.050%09/01/37 – 11/15/52 23.468 U.S. agency securities 2,220,541 2,250,729 1.095% – 2.767%07/06/18 – 01/13/22 2.407 U.S. Treasury obligations 10,163,335 10,436,052 0.613% – 2.809%07/15/18 – 01/15/27 3.904Total Investments $ 63,500,034 $ 64,507,251 Portfolio weighted average 7.464 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2018 19 Note 3. Cash and Investments, Continued The Fund has deposits with a bank balance of $278,774 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. 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, 2018; securities denoted as NR are not rated by one of the nationally recognized statistical rating organizations. 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, 2018, the Commission did not have investments in any one issuer that represents more than 5% of the Commission’s total investments. Investments Moody’s S&P % of Portfolio RCPIF Aaa-bf AAAf/S1 53.02%Corporate Notes A1 A-0.16% Notes A2 A-3.18% Notes A3 BBB+0.31% Notes Aaa NR 0.16%Money market mutual funds Funds NR NR 8.89%Mortgage and asset backed securities Securities Aaa AA+12.92% Securities Aaa AAA 0.35% Securities Aaa NR 0.46% Securities NR AAA 0.42%Municipal bonds Colorado Housing and Finance Authority Aaa AAA 0.16% Maine State Housing Authority Aa1 AA+0.16% North Dakota Housing Finance Agency Aa1 NR 0.16% Wisconsin Housing and Economic Development Aa2 AA 0.16%U.S. agency securities Notes 3.49%U.S. Treasuries Treasury 16.00%Total 100.00% RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2018 20 Note 4. Capital Assets Capital assets activity for the Fund for the year ended June 30, 2018 is as follows: BalanceJune 30, 2017 Transfers Additions Deletions Balance June 30, 2018 Capital assets not being depreciated: Land and land improvements $ 44,658,207 $ –$ –$ (1,625,319)$ 43,032,888 Construction in progress – – 174,151 – 174,151 Total capital assets not being depreciated 44,658,207 – 174,151 (1,625,319) 43,207,039 Capital assets being depreciated:Toll infrastructure 27,408,768 491,230 – (2) 27,899,996Transponders 122,506 – 331,313 – 453,819Buildings 686,813 – – – 686,813 Office furniture, equipment and vehicles 18,428 – 7,032 – 25,460 Total capital assets being depreciated 28,236,515 491,230 338,345 (2) 29,066,088 Less accumulated depreciation for: Toll infrastructure (1,337,706) – (5,350,824) – (6,688,530)Transponders (12,763) – (80,875) – (93,638)Buildings (202,004) – (40,401) – (242,405)Office furniture, equipment and vehicles (512) – (8,487) – (8,999) Total accumulated depreciation (1,552,985) – (5,480,587) – (7,033,572) Total capital assets being depreciated, net 26,683,530 491,230 (5,142,242) (2) 22,032,516 Capital assets, net $ 71,341,737 $ 491,230 $ (4,968,091)$ (1,625,321)$ 65,239,555 Note 5. Intangible Assets and Service Concession Arrangements 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 I-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. Intangible asset activity for the year ended June 30, 2018 was as follows: Balance June 30, 2017 Transfers Additions Balance June 30, 2018 Toll facility franchise $ 235,251,748 $ 14,675,366 $ –$ 249,927,114Less accumulated amortization (1,176,259) – (4,705,035) (5,881,294) Total toll facility franchise, net $ 234,075,489 $ 14,675,366 $ (4,705,035)$ 244,045,820 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2018 21 Note 6. Interfund Transactions Due from/to other funds: The composition of balances related to due from other funds and due to other funds at June 30, 2018 is as follows: Payable Fund Receivable Fund Amount Explanation RCTC 91 Express Lanes Enterprise fund Commission’s General fund $ 211,100 Administrative cost allocationRCTC 91 Express Lanes Enterprise fund Commission’s General fund 83,409 Fringe benefits allocationTotal due to other Commission funds $ 294,509 Interfund transfers: During 2018, interfund transfers were as follows: Transfer Out Transfer In Amount Explanation RCTC 91 Express Lanes Enterprise fund Commission’s Capital Projects fund $ (216,955)Transfer of excess interest earningsCommission’s Governmental activities RCTC 91 Express Lanes Enterprise fund 15,166,596 Transfer of capital and intangible assets Total transfers $ 14,949,641 Note 7. Long-Term Obligations Toll revenue bonds payable: 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. Balance June 30, 2017 Additions / Accretion Reductions Balance June 30, 2018 Due Within One Year Toll revenue bonds: 2013 Bonds $ 192,070,770 $ 4,525,846 $ –$ 196,596,616 $ – Toll revenue bonds discount (2,147,519) – 73,073 (2,074,446) – Total bonds payable, net 189,923,251 4,525,846 73,073 194,522,170 – TIFIA loan 438,628,419 15,352,447 – 453,980,866 –Compensated absences liability 16,238 109,110 (70,616) 54,732 19,156Total long-term obligations $ 628,567,908 $ 19,987,403 $ 2,457 $ 648,557,768 $ 19,156 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2018 22 Note 7. Long-Term Obligations, Continued 2013 Toll Revenue Bonds, Series A (Current Interest Obligation): Outstanding 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 $42,255,000 on June 1, 2047 and June 1, 2048 at an interest rate of 5.75%.$ 123,825,000 In accordance with the bond maturity schedule, annual debt service requirements to maturity for the 2013 Toll Bonds CIBs payable throughout the term of the bonds are as follows: Year Ending June 30 Principal Interest Total 2019 $ –$ 7,119,900 $ 7,119,9002020 – 7,119,900 7,119,9002021 –7,119,900 7,119,9002022 –7,119,900 7,119,9002023 –7,119,900 7,119,9002024-2028 –35,599,700 35,599,7002029-2033 –35,599,700 35,599,7002034-2038 –35,599,700 35,599,7002039-2043 –35,599,700 35,599,7002044-2048 123,825,000 24,127,700 147,952,700$ 123,825,000 $ 202,126,000 $ 325,951,000 2013 Toll Revenue Bonds, Series B (Capital Appreciation Obligation): Outstanding In July 2013, the Commission issued $52,829,600 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 2018, the accretion amount was $4,525,846.$ 72,771,616 Note 7. Long-Term Obligations, Continued RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2018 23 In accordance with the bond maturity schedule, annual debt service requirements to maturity for the 2013 Toll Bonds CABs payable throughout the term of the bonds are as follows: Year Ending June 30 Principal Accreted Interest Total 2022 $ 2,396,700 $ 1,423,300 $ 3,820,0002023 3,098,000 2,231,900 5,329,9002024-2028 18,364,800 22,490,300 40,855,1002029-2033 15,215,000 34,850,000 50,065,0002034-2038 1,963,300 6,196,700 8,160,0002039-2043 11,791,800 78,458,200 90,250,000 $ 52,829,600 $ 145,650,400 $ 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%. $ 453,980,866 The TIFIA loan is a toll revenue bond that is subordinate to the senior toll revenue bonds. 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 Total2022$ –$ 1,921,000 $ 1,921,0002023 – 1,921,000 1,921,0002024-2028 – 23,604,000 23,604,0002029-2033 200,000 73,743,000 73,943,0002034-2038 97,548,000 81,787,000 179,335,0002039-2043 99,208,000 61,359,000 160,567,0002044-2048 177,427,000 41,287,000 218,714,0002049-2051 128,955,000 6,519,000 135,474,000Total 503,338,000 $ 292,141,000 $ 795,479,000Future compounded interest (49,357,100) Total TIFIA loan $ 453,980,900 RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2018 24 Note 7. Long-Term Obligations, Continued In connection with the issuance of the 2013 Toll 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. Additionally, the toll indenture and TIFIA loan agreement require the Commission to establish a subordinate obligations reserve fund of $20,000,000 with Measure A sales tax revenues no later than July 1, 2019, to the extent that the proceeds from the sales of excess right of way acquired by the Commission in connection with the 91 Project are insufficient. As of June 30, 2018, the Commission accumulated $1,501,339 from the sale of excess land. Note 8. 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 Cofiroute USA, LLC (Cofiroute), as the operator, for the operations of the 91 Express Lanes. This will ensure a streamlined and consistent intercounty travel for motorists on the OCTA 91 Express Lanes in Orange County and RCTC 91 Express Lanes in Riverside County. Cofiroute provides operating services 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. Cofiroute is responsible for the day-to-day operations of the toll facility. The agreement with Cofiroute expires on June 30, 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 9. Pensions and Other Post-Employment Benefits Other Than Pensions (OPEB) 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 and OPEB liabilities of $517,676 and $14,364, respectively, reported by the Fund, represent the Fund’s proportional share of the Commission’s cost-sharing multiple employer defined benefit pension plan of $8,721,456 and OPEB liability of $242,000. The Fund’s net pension liability and OPEB liability each represent 5.9% of the Commission’s net pension liability and OPEB liability, respectively. RCTC 91 Express Lanes Fund Notes to Financial Statements June 30, 2018 25 Note 10. Pronouncements Issued, Not Yet Effective The GASB pronouncements issued prior to June 30, 2018 that have an effective date that may impact future financial presentations include: • GASB Statement No. 83, Certain Assets Retirement Obligations, effective for fiscal years beginning after June 15, 2018;• GASB Statement No. 84, Fiduciary Activities, effective for fiscal years beginning after December 15, 2018; • GASB Statement No. 87, Leases, effective for fiscal years beginning after December 15, 2019;• GASB Statement No. 88, Certain Disclosures Related to Debt, Including Direct Borrowings and Direct Placements, effective for fiscal years beginning after June 15, 2018; and • GASB Statement No. 89, Accounting for Interest Cost Incurred Before the End of a Construction Period, effective for fiscal years beginning after December 15, 2019. RIVERSIDECOUNTY TR ANSPORTATION COMMISSION RC TC Riverside County Transportation Commission (951) 787-7141 · www.rctc.org 4080 Lemon Street, 3rd Floor P.O. Box 12008 · Riverside, CA 92502-2208 RIVERSIDECOUNTY TR ANSPORTATION COMMISSION RC TC State Route 91 Corridor Plans SR 241/91 Express Lanes Connector Project OCTA/RCTC State Route 91 Advisory Committee March 1, 2019 SR 241/91 Express Connector Project •Project involves constructing a median to median connector from 241 Toll Road to 91 Express Lanes •Caltrans is lead agency for project •F/ETCA is sponsoring agency •OCTA/RCTC cooperating agency Background History/Timeline 1991 2000 2010 2018 Median to Median HOV Connector (1991-1994) 91 Express Lanes Completed (1995) OCTA Purchases 91 Express Lanes (2003) Riverside County to Orange County MIS (2006) TCA Updates Environmental Document (2012) RCTC Requests Delay for 91 CIP Clearance RCTC Certifies 91 CIP (2012) Evaluation of Design Alternatives (10/2016) RCTC Opens 91 CIP (3/2017) Cooperative Process With New Traffic Data OCTA Formally Requests TCA Defer Work (12/2017) TCA Releases SEIR/SEIS (10/2016) SR-241/ SR-91 Express Lanes Connector March 1, 2019 TRAFFIC ANALYSIS 4 Agenda 1.Data Collection Overview and Existing Conditions 2.Vissim Model Calibration 3.Scenarios Definition 4.2025 Build vs No Build 5 Traffic Count Locations •Travel Time Runs on 05/15 to 05/18 •Supplemented by SigAlert Speed Data for Months of March to May and Google API historical speed data •24 locations of ATR counts week of 05/13 and 05/20 •8 locations of Video counts week of 05/13 and 05/20 •Supplemented by PeMS counts, 91 XL counts Legend Video Counts Tube Counts PeMS Counts Counts provided by Others6 Existing Conditions AM WB -Peak 7 Existing Conditions PM EB -Peak 8 2018 Existing Conditions Vissim Model Calibration 9 2018 Existing Conditions Vissim Model Calibration Volume Calibration Results –Existing PM Peak Period (2-7 PM) Volume Calibration Results –Existing AM Peak Period (5-10 AM) Calibration Criteria: Based on original Caltrans and FHWA guidelines and consistent with the original Traffic Analysis Report. Acceptable Range is >85% of cases for individual link flows and within 5% for sum of all link flows. SR 91 Westbound 5-6 AM 6-7 AM 7-8 AM 8-9 AM 9-10 AM Individual Link Flows 93%93%93%93%98% Sum of All Link Flows -1%-2%-3%0%0%45 Measurment Type Total Links 10 2-3 PM 3-4 PM 4-5 PM 5-6 PM 6-7 PM 7-8 PM Individual Link Flows 43.0 95%100%100%100%100%93% 4%-1%-1%1%0%-1% SR 91 Eastbound Measurment Type Total Links Sum of All Link Flows WB GP Speeds SR-241 OnSR-241 OffWeaveRC GP to OC GPGreen RiverSR-71Serfas ClubMapleLincolnMainI-15Distance 0.4 0.2 0.2 1.0 0.2 0.3 2.4 0.2 0.7 0.4 0.7 0.2 0.3 0.3 1.1 1.2 0.4 0.7 0.5 0.6 1.0 0.3 0.4 0.3 0.8 0.6 0.3 0.3 0.6 0.5 0.5 2018 OBSERVED 5 - 6 AM 16 11 17 50 63 49 62 66 59 67 63 54 50 46 45 17 21 17 14 11 13 16 20 19 16 34 46 55 56 59 61 6 - 7 AM 36 28 42 45 47 70 77 74 70 73 74 71 71 70 49 19 22 20 14 11 8 8 10 8 7 8 27 67 53 58 64 7 - 8 AM 53 57 55 71 72 71 67 72 72 69 71 65 65 65 45 20 19 23 15 13 10 8 8 9 8 8 7 37 57 58 58 8 - 9 AM 51 53 59 66 66 69 71 69 69 64 59 66 67 69 51 19 25 19 17 13 14 11 19 18 15 7 28 63 65 66 67 9 - 10 AM 40 42 48 63 66 67 73 71 71 71 67 65 63 62 49 21 32 26 23 16 22 25 35 35 42 55 51 65 71 69 66 2018 EXISTING MODEL 5 - 6 AM 44 66 63 68 72 70 69 68 70 70 57 60 61 55 35 18 14 14 13 10 14 33 44 67 66 59 73 67 73 65 69 6 - 7 AM 29 31 41 69 73 72 71 68 72 72 67 72 70 68 46 18 14 14 13 10 10 8 6 7 71 74 73 70 73 68 70 7 - 8 AM 26 24 38 69 73 72 71 67 72 72 69 73 71 69 35 17 13 13 13 9 10 9 7 6 9 74 73 69 73 68 71 8 - 9 AM 37 49 56 69 73 72 71 68 72 71 68 72 70 67 42 17 14 13 13 9 11 8 7 9 26 74 73 67 73 66 70 9 - 10 AM 38 45 55 66 72 70 70 68 71 71 65 72 67 63 46 19 15 15 15 10 27 44 56 71 71 73 73 65 73 66 69LakeviewImperialWeir CanyonGypsum CanyonSpeed HEAT Map Westbound: 5 –10 AM 11 Speed HEAT Map Eastbound: 2 –8 PM 12 EB GP Speeds On from SR241WeaveOC GP to RC GPGreen RiverSR71Serfas ClubMaple StLincoln AveMain StDistance (miles)0.5 0.3 0.3 0.9 0.3 0.2 2.4 0.3 0.3 0.6 0.8 0.3 0.2 0.2 0.8 1.5 0.5 0.4 0.9 0.5 0.8 0.2 0.4 0.4 1.0 0.4 0.4 0.3 0.4 0.7 0.3 1.2 2018 OBSERVED 2 - 3 PM 71 69 71 71 69 70 69 56 33 13 23 18 14 20 36 33 32 52 64 67 67 69 72 64 57 57 47 43 36 38 43 43 3 - 4 PM 65 69 67 67 63 64 39 7 5 5 11 10 5 14 45 48 43 61 65 61 62 60 51 49 48 50 37 18 13 17 28 47 4 - 5 PM 64 70 69 67 63 65 37 5 5 6 10 11 6 15 34 45 44 58 63 68 70 66 51 47 42 40 29 14 10 16 20 39 5 - 6 PM 63 70 71 67 64 66 35 4 5 6 9 13 7 17 35 29 33 54 63 64 66 70 62 55 48 50 25 14 10 14 19 42 6 - 7 PM 59 59 67 67 69 69 44 19 27 6 6 6 7 18 28 37 48 60 64 63 65 65 61 60 58 55 53 49 39 33 35 49 7 - 8 PM 63 63 66 66 68 68 46 25 32 8 8 8 8 19 39 47 47 58 63 65 67 66 57 56 55 65 54 63 62 61 42 48 2018 EXISTING MODEL 2 - 3 PM 70 68 71 70 70 71 69 72 63 28 18 12 12 15 24 30 64 68 70 71 70 72 69 69 51 19 12 14 8 11 22 20 3 - 4 PM 72 71 73 72 72 73 72 16 4 5 7 6 8 12 19 29 62 68 70 71 71 72 69 69 34 11 8 9 5 8 13 16 4 - 5 PM 73 72 73 73 73 74 73 4 3 4 6 6 8 11 18 28 62 69 71 71 71 72 70 61 14 8 8 8 4 7 13 16 5 - 6 PM 72 72 73 73 73 73 73 7 4 5 7 7 9 12 19 27 43 66 70 71 71 72 70 71 38 18 18 19 6 8 14 16 6 - 7 PM 72 72 73 72 72 73 72 64 11 6 8 7 9 12 19 28 45 67 70 71 71 72 70 70 70 71 72 70 72 33 39 30 7 - 8 PM 72 71 73 72 72 73 72 73 72 39 13 13 14 19 22 29 46 67 70 71 70 72 69 69 69 71 71 67 70 70 70 70I-15LakeviewImperial HwyWeir CanyonOff to SR241Gypsum Canyon Scenarios Definition 13 2025 Build vs. 2025 No Build 14 AM Period Volumes at County Line: 5 -10 AM 241-91 ELC 15241 throughput up 13% OCTA GP throughput up 1% CL GP throughput up 2% WB GP Speeds SR-241 OnSR-241 OffWeaveRC GP to OC GPGreen RiverSR-71Serfas ClubMapleLincolnMainI-15Distance 0.4 0.2 0.2 1.0 0.2 0.3 2.4 0.2 0.7 0.4 0.7 0.2 0.3 0.3 1.1 1.2 0.4 0.7 0.5 0.6 1.0 0.3 0.4 0.3 0.8 0.6 0.3 0.3 0.6 0.5 0.5 2018 OBSERVED 5 - 6 AM 16 11 17 50 63 49 62 66 59 67 63 54 50 46 45 17 21 17 14 11 13 16 20 19 16 34 46 55 56 59 61 6 - 7 AM 36 28 42 45 47 70 77 74 70 73 74 71 71 70 49 19 22 20 14 11 8 8 10 8 7 8 27 67 53 58 64 7 - 8 AM 53 57 55 71 72 71 67 72 72 69 71 65 65 65 45 20 19 23 15 13 10 8 8 9 8 8 7 37 57 58 58 8 - 9 AM 51 53 59 66 66 69 71 69 69 64 59 66 67 69 51 19 25 19 17 13 14 11 19 18 15 7 28 63 65 66 67 9 - 10 AM 40 42 48 63 66 67 73 71 71 71 67 65 63 62 49 21 32 26 23 16 22 25 35 35 42 55 51 65 71 69 66 2025 NO BUILD MODEL 5 - 6 AM 48 60 68 71 72 69 69 69 71 70 57 50 61 55 23 13 14 18 25 31 58 67 71 71 70 73 72 61 71 68 69 6 - 7 AM 28 28 27 29 63 70 70 68 71 71 66 72 68 64 24 13 15 13 14 10 10 8 10 28 64 74 72 62 72 70 71 7 - 8 AM 27 24 21 12 40 71 71 67 72 71 68 72 70 65 23 13 14 15 13 10 10 9 6 6 8 74 73 65 73 71 71 8 - 9 AM 29 25 23 13 43 69 71 68 72 71 69 72 70 64 23 13 13 14 14 10 11 10 9 23 61 74 72 63 72 70 70 9 - 10 AM 29 27 27 39 72 70 70 68 71 70 64 72 66 59 25 14 15 18 15 25 46 59 72 71 71 73 72 60 72 69 70 2025 BUILD MODEL 5 - 6 AM 52 69 68 71 72 69 69 69 70 69 52 39 59 51 21 13 15 19 17 19 47 71 69 69 67 73 72 65 67 69 69 6 - 7 AM 27 26 26 23 31 70 70 68 71 70 60 71 65 59 24 14 19 24 19 19 45 71 73 73 72 74 73 69 70 70 71 7 - 8 AM 29 23 22 12 8 11 71 67 72 71 67 72 69 65 23 41 45 51 58 72 72 72 73 73 73 74 73 68 70 71 71 8 - 9 AM 30 26 24 15 45 57 71 68 72 72 69 73 70 68 63 73 72 70 72 72 73 72 73 72 72 74 73 67 69 71 71 9 - 10 AM 29 26 26 71 73 71 71 69 72 71 68 73 69 66 70 73 72 70 72 72 72 72 72 71 71 73 73 65 67 69 70LakeviewImperialWeir CanyonGypsum CanyonQueue length in Riverside County is shortened due to more capacity at CL Speed HEAT Map Westbound: 5 –10 AM 16 Vissim Travel Time (in Minutes) #Origin #Destination Dist 5am 6am 7am 8am 9am 5am 6am 7am 8am 9am 5am 6am 7am 8am 9am 1 SR91 WB GP Lanes west of Weir Canyon Rd 9.0 19.2 30.1 36.4 37.8 29.1 21.6 23.2 15.3 7.7 7.6 2.4 (6.9)(21.1)(30.1)(21.5) 2 SR91 WB Exp Lanes west of Weir Canyon Rd 9.0 12.4 24.6 25.6 32.9 19.7 15.4 16.2 9.3 7.8 7.8 3.0 (8.4)(16.3)(25.1)(11.9) 5 SR241 SB south of SR91 (via GP Ramp)9.8 20.8 30.2 34.6 36.7 31.8 22.5 22.8 15.8 8.4 8.1 1.7 (7.4)(18.8)(28.3)(23.7) 7 SR71 NB north of SR91 2.3 2.3 12.5 13.1 11.1 6.8 2.7 2.9 1.9 2.0 2.1 0.4 (9.5)(11.1)(9.1)(4.7) 11 County Line 4.5 11.7 22.3 28.2 29.9 18.7 13.0 13.1 5.7 3.7 3.7 1.2 (9.2)(22.4)(26.2)(15.0) 1 SR91 WB GP Lanes west of Weir Canyon Rd 9.0 10.8 10.2 10.2 10.2 9.9 11.1 10.2 10.0 8.0 7.9 0.3 (0.0)(0.1)(2.2)(2.0) 2 SR91 WB Exp Lanes west of Weir Canyon Rd 9.0 8.2 8.2 8.2 8.1 8.1 8.1 8.1 8.2 8.1 8.1 (0.0)(0.1)0.0 (0.1)(0.0) 5 SR241 SB south of SR91 (via GP Ramp)9.8 10.9 -11.5 11.8 10.7 8.7 8.9 9.0 8.7 8.7 (2.2)--(2.5)(3.1)(2.0) 1 SR91 WB GP Lanes west of Weir Canyon Rd 2.7 2.4 2.2 2.3 2.3 2.3 2.4 2.3 2.3 2.3 2.3 (0.0)0.0 0.0 0.0 0.0 1 SR91 WB GP Lanes west of Weir Canyon Rd 6.9 19.2 19.6 19.9 19.8 18.7 20.1 17.0 12.9 6.1 6.0 0.9 (2.6)(7.0)(13.7)(12.7) 2 SR91 WB Exp Lanes west of Weir Canyon Rd 6.9 10.3 11.5 11.4 11.8 11.1 10.2 9.2 7.7 6.2 6.2 (0.1)(2.4)(3.8)(5.6)(4.9) 5 SR241 SB south of SR91 (via GP Ramp)7.6 19.5 19.9 20.7 21.1 19.1 17.8 15.2 12.9 6.8 6.6 (1.7)(4.7)(7.8)(14.3)(12.5) 8 SR 55/SR 91 Split 18.4 25.5 38.1 46.6 46.1 36.6 28.6 35.4 34.9 20.3 16.9 3.1 (2.7)(11.7)(25.7)(19.8) 5 SR241 SB south of SR91 (via GP Ramp)14.6 23.6 31.5 38.4 41.0 35.3 21.1 23.2 18.3 12.8 12.7 (2.5)(8.3)(20.1)(28.2)(22.6) 11 County Line 9.0 11.2 21.6 27.3 27.4 22.3 13.3 17.9 12.8 6.7 7.8 2.1 (3.7)(14.5)(20.7)(14.5) 8 SR 55/SR 91 Split 9.4 14.3 16.5 19.3 18.7 14.3 15.3 17.5 22.1 13.6 9.1 0.9 1.0 2.8 (5.1)(5.2) 1 Weir Canyon 4.8 10.1 9.1 9.3 9.3 8.6 11.1 9.0 8.4 4.2 4.1 1.0 (0.1)(0.9)(5.1)(4.5) 2025 NO BUILD MODEL 2025 BUILD MODEL 2025 BUILD vs 2025 NO BUILD 7 SR71 SB north of SR91 9 McKinley 11 County Line 4 SR91 WB Exp lanes east of Serfas Club Rd 5 SR241 NB south of SR91 (via GP Ramp) 3 SR 91 WB GP Lanes east of Serfas Club Rd Full-length trip is 2.7- 25.7 min shorter during peak except for 5 AM Travel Time Summary Westbound: 5 –10 AM 17 Period PM EB DONE 43,760 14,800 14,553 14,991 7,962 6,047 263 666 4,462 (33) 1,194 (3,785) (543) (4,981) 29,713 2,856 43,443 3,184 58,313 3,919 County Line Global 13,631 688 241 NB Global Volumes in the GP lanes may not balance because the volume reflects throughput which differs at each location by hour. The difference depends on the length of queue.* 44,303 14,134 10,091 15,024 12,943 4,853 4,048 26,857 40,259 54,39412,943 County Line Global 241 NB Global 5,669 RCTC XL volumes up 5% 241 throughput up 5% RCTC GP throughput up 8% CL GP throughput up 7% PM Peak Period Volumes at County Line: 2 –7 PM 241-91 ELC 18 EB GP Speeds On from SR241WeaveOC GP to RC GPGreen RiverSR71Serfas ClubMaple StLincoln AveMain StDistance (miles)0.5 0.3 0.3 0.9 0.3 0.2 2.4 0.3 0.3 0.6 0.8 0.3 0.2 0.2 0.8 1.5 0.5 0.4 0.9 0.5 0.8 0.2 0.4 0.4 1.0 0.4 0.4 0.3 0.4 0.7 0.3 1.2 2018 OBSERVED 2 - 3 PM 71 69 71 71 69 70 69 56 33 13 23 18 14 20 36 33 32 52 64 67 67 69 72 64 57 57 47 43 36 38 43 43 3 - 4 PM 65 69 67 67 63 64 39 7 5 5 11 10 5 14 45 48 43 61 65 61 62 60 51 49 48 50 37 18 13 17 28 47 4 - 5 PM 64 70 69 67 63 65 37 5 5 6 10 11 6 15 34 45 44 58 63 68 70 66 51 47 42 40 29 14 10 16 20 39 5 - 6 PM 63 70 71 67 64 66 35 4 5 6 9 13 7 17 35 29 33 54 63 64 66 70 62 55 48 50 25 14 10 14 19 42 6 - 7 PM 59 59 67 67 69 69 44 19 27 6 6 6 7 18 28 37 48 60 64 63 65 65 61 60 58 55 53 49 39 33 35 49 7 - 8 PM 63 63 66 66 68 68 46 25 32 8 8 8 8 19 39 47 47 58 63 65 67 66 57 56 55 65 54 63 62 61 42 48 2025 NO BUILD MODEL 2 - 3 PM 68 65 70 68 68 70 59 24 17 14 14 11 11 15 23 37 66 69 70 71 70 72 70 70 69 71 52 23 9 9 14 18 3 - 4 PM 70 68 71 70 57 35 10 4 4 5 7 7 8 12 20 33 67 69 71 71 70 72 70 70 70 58 15 11 6 8 14 17 4 - 5 PM 72 72 73 38 5 5 6 3 4 4 6 6 7 12 19 33 67 70 71 71 70 72 71 71 71 72 28 10 5 7 13 16 5 - 6 PM 72 71 52 13 4 5 5 3 4 5 7 7 8 12 19 33 67 70 71 72 70 72 71 71 71 72 72 71 20 12 17 17 6 - 7 PM 72 71 44 10 5 6 6 3 4 5 8 8 9 11 19 33 68 71 72 72 70 72 71 71 71 72 72 71 73 73 72 55 7 - 8 PM 72 72 73 57 11 8 8 4 5 5 8 8 9 13 19 34 69 71 71 72 70 72 70 71 71 71 72 70 72 72 72 70 2025 BUILD MODEL 2 - 3 PM 70 68 71 70 69 71 68 70 46 17 16 14 14 21 25 34 63 68 70 71 70 72 69 70 68 47 13 12 8 9 14 17 3 - 4 PM 71 70 72 71 72 73 71 13 5 6 8 8 9 14 18 31 58 68 70 71 70 72 70 70 69 30 15 17 7 8 13 17 4 - 5 PM 72 72 73 73 73 73 73 10 5 6 8 7 9 15 17 29 44 67 70 70 69 72 70 71 70 72 72 70 10 8 13 16 5 - 6 PM 72 72 73 72 72 73 72 73 20 8 10 10 11 16 18 29 42 66 71 71 70 72 71 71 71 72 72 71 73 48 18 17 6 - 7 PM 71 71 72 72 72 73 72 73 73 70 26 19 18 23 21 28 43 67 70 71 69 72 69 70 70 71 72 70 72 72 70 59 7 - 8 PM 71 70 72 71 72 73 71 73 73 73 72 71 70 64 70 64 62 70 71 71 70 72 70 71 70 71 72 69 71 72 70 68I-15LakeviewImperial HwyWeir CanyonOff to SR241Gypsum CanyonQueue length in Orange County is shortened by 2-3 miles due to operational improvements at CL Overall, full length trip in 91 GP improves Speed HEAT Map Eastbound: 2 –8 PM 19 Vissim Travel Time (in Minutes)2025 NO BUILD MODEL 2025 BUILD MODEL 2025 BUILD vs 2025 NO BUILD #Origin #Destination Dist 2pm 3pm 4pm 5pm 6pm 2pm 3pm 4pm 5pm 6pm 2pm 3pm 4pm 5pm 6pm 3 SR 91 EB GP Lanes east of Serfas Club Rd 8.8 19.1 36.5 40.6 38.8 36.1 14.7 25.1 31.6 27.9 16.7 (4.4)(11.4)(9.0)(11.0)(19.4) 5 SR241 SB south of SR91 2.2 7.6 21.5 23.2 19.5 22.4 4.5 14.3 15.0 12.4 1.8 (3.1)(7.2)(8.2)(7.1)(20.6) 7 SR71 NB north of SR91 7.4 17.9 35.3 39.4 37.7 35.0 13.8 25.6 29.0 27.7 15.8 (4.1)(9.7)(10.5)(10.0)(19.2) 11 County Line 4.5 16.4 33.8 37.9 36.1 33.4 11.6 22.0 27.1 23.0 11.4 (4.7)(11.8)(10.8)(13.1)(22.0) 3 SR 91 EB GP Lanes east of Serfas Club Rd 8.8 8.0 8.2 8.3 8.2 8.3 8.0 8.3 8.5 8.5 8.7 (0.1)0.1 0.3 0.3 0.4 4 SR91 EB Exp lanes east of Serfas Club Rd 5.5 4.9 5.0 5.0 4.9 4.9 5.0 5.0 5.1 5.0 5.1 0.1 0.1 0.1 0.1 0.2 7 SR71 NB north of SR91 7.7 7.3 7.5 7.5 7.5 7.6 7.3 7.6 8.1 8.0 7.9 0.0 0.1 0.6 0.4 0.4 3 SR 91 EB GP Lanes east of Serfas Club Rd 7.2 10.9 13.6 13.8 13.7 13.7 8.1 8.7 9.0 9.1 9.2 (2.8)(4.9)(4.8)(4.5)(4.5) 7 SR71 NB north of SR91 5.8 10.0 12.7 12.7 12.7 12.8 7.4 7.9 8.3 8.3 8.2 (2.6)(4.9)(4.3)(4.4)(4.6) 3 SR 91 EB GP Lanes east of Serfas Club Rd 2.2 2.3 2.3 2.4 2.3 2.3 2.2 2.3 2.4 2.3 2.4 (0.1)(0.0)0.0 (0.0)0.0 9 McKinley 18.6 28.2 46.2 65.8 73.1 70.6 31.4 41.9 49.5 41.0 25.3 3.2 (4.3)(16.3)(32.1)(45.4) 11 County Line 9.3 16.2 33.4 51.8 58.4 61.1 15.8 25.9 30.7 26.7 15.2 (0.4)(7.5)(21.1)(31.8)(45.9) 3 SR 91 EB GP Lanes east of Serfas Club Rd 4.3 3.8 3.8 3.8 3.8 3.7 3.8 3.9 4.1 4.2 4.4 0.0 0.1 0.4 0.5 0.7 9 McKinley 9.3 15.7 18.4 18.8 15.0 8.2 18.1 20.1 17.7 12.2 8.8 2.3 1.6 (1.0)(2.8)0.6 7 SR71 SB north of SR91 8 SR55/SR 91 merge 11 County Line 5 SR 241 NB south of SR91 (via GP Ramp) 1 SR91 EB GP Lanes west of Weir Canyon Rd 2 SR91 EB Exp Lanes west of Weir Canyon Rd Full-length trip is shorter on average during peak Travel Time Summary Eastbound: 2 –7 PM 20 Questions? 21 22 State Route 91 Corridor Plans SR-91 Corridor Vicinity Map ~18 miles 10 miles 8 miles 2SR-91 –State Route 91 / OCTA –Orange County Transportation Authority / RCTC –Riverside County Transportation Commission Today •18-mile section of SR-91 is a major travel and trade corridor between the Inland Empire and Orange County •SR-91 improvements are key elements of Measure M and Measure A •Nearly $2 billion invested to date in the SR-91 corridor between SR-55 and I-15 •Another $1 billion of planned projects in Measure M and Measure A •Additional projects address lack of capacity (e.g., eastbound afternoon) 3 Nearly $2 billion invested to date SR-55 –State Route 55 / I-15 –Interstate 15 Major Completed Measure Projects •91 Corridor Improvement Project ($1.4 billion) •New fifth general purpose-lane in each direction between SR-55 and SR-241 Toll Road ($85.2 million) •New westbound general-purpose lane at SR-55 and Tustin Avenue ($43.3 million) •New eastbound general-purpose lane between SR-241 Toll Road and SR-71 ($51.2 million) •New Green River Road overcrossing ($24.3 million) •New Metrolink parking structure in Corona ($25 million) 4 $2 billion SR-241 –State Route 241 / SR-71 –State Route 71 Upcoming Measure Projects (partial list) •Widen SR-91 between SR-57 and SR-55 with new general-purpose lanes •Widen SR-91 between SR-241 Toll Road and SR-71 with new general-purpose lanes (westbound planned for earlier implementation) •Improve the SR-91/I-15 interchange with new Express Lanes connectors (both directions) to the north •Improve the SR-91/SR-71 interchange with a new general-purpose connector (eastbound to northbound) •Further details to be included in 2019 SR-91 Implementation Plan update 5 More than $1 billion in additional projects under development SR-57 –State Route 57 Planned Non-Measure Projects •SR-241/91 Express Lanes Toll Connector (TCA) •SR-91 eastbound lane at SR-241 (proposed by Caltrans) •Focus today on Toll Connector 6TCA –Transportation Corridor Agencies / Caltrans –California Department of Transportation Key Connector Considerations •Analysis based on questionable assumptions and conditions •Fewer evening 91 Express Lanes users going through to Riverside •Fewer evening SR-91 drivers enter Express Lanes near county line •Willingness of SR-241 Toll Road users to pay additional connector toll and RCTC tolls •Undisclosed toll schedules •Toll Connector users have no access to SR-71 or Corona destinations •Potential for general-purpose lane congestion in Riverside •Impact of traffic shifts on local circulation system •Limited relief to SR-241 Toll Road users going east on SR-91 7 Sequencing and Benefits •Early projects (not in priority order) •SR-91/71 interchange general-purpose improvements ↓ Eastbound afternoon congestion between SR-241 and SR-71 •SR-91/I-15 Express Lanes improvements ↓ Eastbound afternoon congestion between SR-71 and I-15 •SR-91 westbound general-purpose lane between Green River and SR-241 Toll Road ↓ Westbound morning congestion between Green River and SR-241 Toll Road •SR-91 general-purpose improvements in both directions between SR -55 and SR-57 ↓ Westbound morning congestion near SR-91/SR-55 interchange •Later projects •SR-91 new eastbound general-purpose lane between SR-241 and SR-71 ↓ Eastbound afternoon congestion between SR-241 and SR-71 •SR-241 Toll Road/91 Express Lanes connector •Key benefits contingent on new SR-91 eastbound capacity 8 Next Steps •Submit $75 million federal funding request (RCTC) •Evaluate opportunities to advance SR-91 corridor improvements prior to or concurrent with the implementation of the TCA-proposed SR-241 Toll Road/91 Express Lanes toll connector (OCTA/RCTC) •Include project sequencing in 2019 SR-91 Implementation Plan (OCTA/RCTC) 9 GRANT FUNDING PURSUIT State Route 91 Advisory Committee March 1, 2019 Jillian Guizado, Legislative Affairs Manager 1 2 SR-91 Advisory Committee INFRA 2019 •USDOT discretionary grant for “highway and freight projects of national or regional significance” •~$875 million available •RCTC pursuing $75 million for 3 projects in 2018 SR -91 Implementation Plan, leveraging $301 million state and local funds 3 •Connects EB to NB •Connects SB to WB •$224 million total cost SR-91 Advisory Committee 15/91 Express Lanes Connector 4 •Two-lane direct connector over SR- 91 •EB Green River Rd. auxiliary lane to SR-91 and ramp realignment •$134.2 million total cost SR-91 Advisory Committee 71/91 Interchange Project 5 •3-mile auxiliary lane •Green River on to SR-241 •$43.2 million total cost SR-91 Advisory Committee 91 Corridor Operations Project Partners 6 SR-91 Advisory Committee QUESTIONS? 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