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Transportation Commission May 15, 2024 FY2024 – FY2025 Amendment to the Intergovernmental Agreement with Valley Metro Amendment Terms • This is the 6th of 6 Annual Amendments to the FY2019 – 2025 IGA with Valley Metro. • The proposed amendment will run through June 30, 2025. • For FY24-25, the local funding amount for fixed route, paratransit, and RideChoice is $759,523. Services Provided Fixed Route Bus Service Paratransit RideChoice Funding Sources The City relies on four different funding sources to pay for these services: • Public Transportation Funds (PTF) • Arizona Lottery Fund (ALF) • Federal Grants • City General Fund Funding Sources Other Funding Sources Local Funding Sources Totals Public Transportation Fund (PTF) Federal Grant City General Fund Arizona Lottery Fund (ALF) $12,406,049 $12,406,049 $0 $0 $0 Fixed Route Bus $1,915,588 $1,915,588 $0 $0 $0 Paratransit $1,276,805 $458,586 $58,696 $259,523 $500,000 RideChoice $15,598,442 $14,780,223 $58,696 $259,523 $500,000 Sub-Total $14,838,919 $759,523 Total Proposed Motion Recommend approval of an amendment to the Intergovernmental Agreement between the Regional Public Transportation Authority (RPTA) and the City of Chandler to provide fixed route bus, paratransit and RideChoice service for Fiscal Year 2024-25 for an estimated amount of $759,523. Questions? Thank you! Backup Slides Funding Sources: FY21-24