May 2015 update to the Arlington County Capital Bikeshare Transit Development Plan.
Arlington, Virginia, United States
Since 2010, the Capital Bikeshare service has connected a network of over 450 stations via 4,000 bicycles across several jurisdictions in the Washington, DC area including Arlington County, VA. Arlington County reported on operating costs for the service in its FY2016-FY2021 Transit Development Plan Update & Progress Report.
Operating Costs
Operating costs for 70 stations with 493 bicycles were broken out by system operations and management and marketing. System costs were projected to increase in FY2015 due to expansion of the service by up to 22 stations.
FY2014 Operating Expenditures and FY2015 Projected Operating Expenditures.
Expenses |
FY2014 (Actual)
|
FY2015 (Projected)
|
---|---|---|
System Operations |
$1,246,000
|
$1,371,000
|
Management and Marketing |
$185,000
|
$103,000
|
Total |
$1,431,000
|
$1,474,000
|
Revenue |
FY2014 (Actual)
|
FY2015 (Projected)
|
---|---|---|
User Revenue |
$792,000
|
$972,0000
|
Private Sponsorships |
$102,000
|
$89,000
|
ACCS Commissions |
$558,339
|
$65,000
|
Local Funding (TCF) |
$0
|
348,000
|
Total |
$1,452,339
|
$1,474,000
|
The overall cost recovery ratio (the portion of operating expenses covered by user revenue and private sponsorships) in FY2014 was 63 percent. Arlington County has a goal to minimize operating costs while providing an effective service at the regional and local levels.
Arlington County Capital Bikeshare: Progress Report and FY2016 - FY2021 TDP Update
$1,431,000 to operate a 70 station bikesharing service with approximately 500 bicycles.