Strong tax revenues help offset slight Summit Stage ridership decline
September 26, 2016
The Transit Board will be meeting at the Community and Senior in Frisco tomorrow, Sept. 28 at 8:15 a.m. in the Fremont Room. Summit Stage will be reporting that ridership in August was slightly down from last year, decreasing 4.9 percent. The biggest decline was in service to Copper Mountain, which fell off 22.2 percent.
The new Lake County Connect line, on the other hand, was up a brisk 52.3 percent compared to last year, fed by demand from people who commute to work from outside Summit.
Total operating expenses are up 2.1 percent, but robust tax receipts have left Summit Stage relatively flush at about three-and-a-half percent over budget.
At the last Transit Board meeting, Stage announced it had been awarded a $2.5 million grant for its Frisco Transit Center from CDOT. Construction on the project, which may begin next year but is more likely to start in 2018, would consist of eight bus bays and parking for roughly 120 people.
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