Extracted text (via pymupdf)
1228 characters
RPTA and VMR Funding Agreements (Item 5B and 5C) Timing January agreements were for FY26 (July 1, 2025 – June 30, 2026) June agreements are for FY27 (July 1, 2026 – June 30, 2027) Historically have taken agreements to July or August Council meeting ◦Both RPTA and VMR agreements are taken at the same time ◦FY26 was delayed due to contract negotiations RPTA Funding Agreement Breakdown Agreement funds $41.1M in transit service ◦20 bus routes operating in Mesa ◦15 fixed-routes ◦2 circulators ◦3 express routes ◦Paratransit and RideChoice programs for ADA eligible residents ◦Funding ◦Prop 400 and Prop 479 combined fund $38.8M ◦Mesa funds $5.5M ◦FY 27 represents a $2.4M increase over FY26 VMR Funding Agreement Breakdown VMR Funded Service is $21.1M Estimated net cost of service $18.3M Item not funded in Prop 479 ◦$1M for Future Project Development ◦$300K for Systemwide Improvements FY27 represents an increase of $3.2M over FY26 Transit Ridership 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 3,000,000 3,500,000 4,000,000 4,500,000 18 19 20 21 22 23 24 25 26 Bus Ridership by FY 0 500,000 1,000,000 1,500,000 2,000,000 2,500,000 18 19 20 21 22 23 24 25 26 Light Rail Ridership by FY FY 26 data is through April