REVENUE & RIDERSHIP REPORT SEPTEMBER 2018

Transcription

1 REVENUE & RIDERSHIP REPORT SEPTEMBER 2018 Year-to-date passenger revenue 1.3% above last year Year-to-date ridership 2.1% below last year 1,500 SEPTA RIDERSHIP PERFORMANCE Average Daily Rides in 000's 1,250 1, This Year Budget Last Year 500 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun YTD FY 18 FY 19 Budget Prepared By: Revenue & Ridership Management Southeastern Pennsylvania Transportation Authority

2 Revenue & Ridership Performance September FY 2019 & YTD September monthly passenger revenue was slightly down 0.5% from last year and 2.4% below budget. City Transit reported passenger revenue 2.4% and Regional Rail 3.3% below budget, with Suburban Transit 2.7% above budget. Monthly passenger ridership recorded mixed results for transit versus the railroad. City and Suburban Transit trips were down 7.1% and 3.4% from last year. Regional Rail recorded trips slightly up or 0.8% above last year. Consolidated monthly ridership was 6% below last year and 4.6% below budget. Contributing to the ridership decline, Philadelphia rainfall for September totaled 9.76 inches or well above the norm of 3.78 inches. Philadelphia gas prices peaked in mid-september at $3.07 per gallon before ending the month one cent higher than the previous month at $3.04 per gallon. Last September, gas prices were 27 cents lower ending the month at $2.77 per gallon. Local unemployment rates are down about 0.5 percentage points from last year. The City unemployment rate remained unchanged from last month at 6.0%, the consolidated suburban rate is 3.8%, and the statewide rate is 4.4%. FIRST QUARTER RIDERSHIP DIFF. % DIFF % * Above ridership totals reflected in millions. Quarterly ridership totals are listed above comparing fiscal year 2019 to 2018 results. After the first quarter, year-to-date total trips are down 1.5 million or 2.1%. The decrease in ridership compared to last year is due in part to one less transit day in the FY19 fiscal calendar. City and Suburban Transit trips are down 2.4% and 1.7%. Regional Rail trips are 0.6% below last year. Total trips are 2.5% below budget. Year-to-date, passenger revenue is 1.3% above last year and 1.3% below budget. September consolidated passenger revenue of $37.2 million was $0.91 million or 2.4% below budget and $0.2 million or 0.5% below last year. Monthly passenger revenue reported City 2.4% and Regional Rail 3.3% below budget and Suburban 2.7% above budget. Year-to-date consolidated passenger revenue is 1.3% or $1.5 million below budget and 1.3% or $1.4 million above last year. First quarter passenger revenue reports the City 0.3% and Regional Rail 4.0% below budget with Suburban 2% above budget. September consolidated average daily linked ridership of 730,000 was 40,000 trips or 5.2% below last September and 34,000 trips or 4.5% below target. In September, 16.6 million originating trips were recorded or 4.4% below budget and 5.2% below last year. Year-to-date average daily linked ridership of 659,000 trips is 3.0% below budget and 3.5% below last year. City Transit s 493,000 daily riders: 3.3% below budget and 4.6% below last year Suburban Transit s 54,000 daily riders: 0.6% above budget and unchanged from last year Regional Rail s 112,000 daily riders: 3.3% below budget and 0.1% below last year

3 SEPTA RIDERSHIP PERFORMANCE BY DIVISION FISCAL YEAR 2019 SEPTEMBER 2018 VS. LAST YEAR FY 2019 YTD VS. LAST YEAR * City down 1.45 million or -7% * City down 1.34 million or -2.4% * Suburban down 63 thousand or -3% * Suburban down 93 thousand or -1.7% * Reg. Rail up 21 thousand or 1% * Reg. Rail down 50 thousand or -0.6% * Total down 1.49 million or -6% * Total down 1.48 million or -2.1% RIDERSHIP PERFORMANCE FY 2019 VS. FY 2018 PERCENT CHANGE 3% 2% -1% 0% 1% -2% -3% -4% -5% -6% -7% -8% JUL *AUG SEP OCT *NOV DEC JAN FEB *MAR APR *MAY JUN MONTH CITY SUBURBAN REGIONAL RAIL TOTAL FY 2019 JUL *AUG SEP OCT *NOV DEC JAN FEB *MAR APR *MAY JUN YTD CITY SUBURBAN REGIONAL RAIL TOTAL FY 2018 JUL *AUG SEP OCT *NOV DEC JAN FEB *MAR APR *MAY JUN YTD CITY SUBURBAN REGIONAL RAIL TOTAL FY 2019 VS JUL *AUG SEP OCT *NOV DEC JAN FEB *MAR APR *MAY JUN YTD CITY -1% 1% -7% -2.4% SUBURBAN -4% 2% -3% -1.7% REGIONAL RAIL -2% -1% 1% -0.6% TOTAL -1% 1% -6% -2.1% Note: July decrease result of one less day in fiscal month compared to last July. Above unlinked ridership totals are reflected in millions. * Indicates five-week month.

4 Weekday Ridership Trends June - September 2018 vs (Unlinked) Ridership 700, , , , , , , , , , , , ,000 50,000 June 12th Last School Day JUNE JULY AUGUST Schools Open August 27th Eagle'sGame Thur 9-6 SEPTEMBER 0 6/4 6/8 6/14 6/20 6/26 7/2 7/9 7/13 7/19 7/25 7/31 8/6 8/10 8/16 8/22 8/28 9/4 9/10 9/14 9/20 9/26 Surface 2018 Sub/El 2018 Regional Rail 2018 Surface 2017 Sub/El 2017 Regional Rail 2017 DEVIATIONS: Pre/Post Holiday Weather Related Transit Promotion Special Event Holiday Service Interruption Note: Excludes average weekday free interchange ridership of 62,000.

5 RIDERSHIP FARE MIX September FY 2019 YTD Transit Ridership Senior Citizen 11% Other 5% Cash/Quick Trip 17% Token/Travel Wallet 21% Student Pass 6% Pass 40% Railroad Ridership Senior Citizen 5% Other 3% Adult Cash 5% Ticket 20% Pass 67% Note: Above ridership based on linked ridership or base ride originating trips excluding transit transfers.

6 I. Consolidated Passenger Revenue ($000) REVENUE & PASSENGER ANALYSIS SEPTEMBER 2018 Budget Actual % Budget Last Year % Last Yr Surface $13,066 $12, % $13, % Subway-Elevated 8,311 8, % 7, % Light Rail 2,072 2, % 2, % City Transit $23,449 $22, % $23, % Victory $1,974 $2, % $2, % Frontier % % Suburban Transit $2,510 $2, % $2, % Regional Rail $12,173 $11, % $11, % Total Passenger Revenue $38,132 $37, % $37, % II. Consolidated Monthly Passengers (000's linked) Surface 7,232 6, % 7, % Subway-Elevated 4,801 4, % 4, % Light Rail 1,143 1, % 1, % ADA ParaTransit % % Shared Ride Program % % City Transit 13,280 12, % 13, % Victory 1,020 1, % 1, % Frontier % % ADA ParaTransit % % Suburban Transit 1,305 1, % 1, % Regional Rail 2,813 2, % 2, % TOTAL 17,398 16, % 17, % III. Consolidated Monthly Passengers (000's unlinked) City Transit 19,853 18, % 20, % Suburban Transit 1,810 1, % 1, % Regional Rail 2,813 2, % 2, % TOTAL 24,477 23, % 24, % IV. Key Statistics per Equivalent Day Average Daily Passengers (000's, linked): City Transit % % Suburban Transit % % Regional Rail % % TOTAL % %

7 I. Consolidated Passenger Revenue ($000) REVENUE & PASSENGER ANALYSIS SEPTEMBER FYTD 2019 Budget Actual % Budget Last Year % Last Yr Surface $37,725 $35, % $36, % Subway-Elevated $23,956 $25, % $22, % Light Rail $5,972 $5, % $6, % City Transit $67,653 $67, % $65, % Victory $6,047 $6, % $6, % Frontier $1,648 $1, % $1, % Suburban Transit $7,695 $7, % $7, % Regional Rail $35,662 $34, % $34, % Total Passenger Revenue $111,010 $109, % $108, % II. Consolidated Monthly Passengers (000's linked) Surface 21,956 20, % 22, % Subway-Elevated 13,141 13, % 13, % Light Rail 2,984 3, % 3, % ADA ParaTransit % % Shared Ride Program % % City Transit 38,418 37, % 39, % Victory 3,140 3, % 3, % Frontier % % ADA ParaTransit % % Suburban Transit 4,020 4, % 4, % Regional Rail 8,386 8, % 8, % TOTAL 50,824 49, % 51, % III. Consolidated Monthly Passengers (000's unlinked) City Transit 57,005 55, % 56, % Suburban Transit 5,575 5, % 5, % Regional Rail 8,386 8, % 8, % TOTAL 70,966 69, % 70, % IV. Key Statistics per Equivalent Day Average Daily Passengers (000's, linked): City Transit % % Suburban Transit % % Regional Rail % % TOTAL % %

8 Southeastern Pennsylvania Transportation Authority Consolidated Statement of Revenue and Passengers for the Budget Month Ended September 2018 Current month Passenger Revenue Year to Date This Year Last Year (000 omitted) This Year Last Year Budget Actual Var. Var. % Actual Var. % Budget Actual Var. Var. % Actual Var. % $ 7,054 $ 6,125 $ (929) -13.2% $ 6, % Adult Cash $ 21,885 $ 20,822 $ (1,063) -4.9% $ 20, % $ 18,211 $ 17,649 $ (562) -3.1% $ 18, % Passes $ 55,331 $ 54,946 $ (385) -0.7% $ 53, % $ 9,152 $ 9,306 $ % $ 8, % Tickets/Tokens/Tr.Wallet $ 28,115 $ 27,611 $ (504) -1.8% $ 28, % $ 34,416 $ 33,080 $ (1,336) -3.9% $ 33, % Full Fare Adults $ 105,330 $ 103,379 $ (1,952) -1.9% $ 102, % $ 3,395 $ 3,774 $ % $ 3, % School/Senior Fares $ 4,683 $ 4,971 $ % $ 4, % $ 321 $ 369 $ % $ % Half Fare $ 997 $ 1,197 $ % $ % $ 38,132 $ 37,223 $ (909) -2.4% $ 37, % Total Passenger Revenue $ 111,011 $ 109,546 $ (1,464) -1.3% $ 108, % Passengers (000 omitted) 2,198 2,132 (66) -3.0% 2, % Adult Cash 6,858 7, % 7, % 7,479 6,995 (484) -6.5% 7, % Passes 23,265 21,863 (1,402) -6.0% 23, % 3,642 3,364 (278) -7.6% 3, % Tickets/Tokens 11,326 10,348 (977) -8.6% 11, % 13,319 12,491 (828) -6.2% 13, % Full Fare Adults 41,448 39,774 (1,675) -4.0% 42, % 1,862 1, % 1, % School 2,409 2, % 2, % % % Disabled % % 1,523 1,476 (47) -3.1% 1, % Senior 4,746 4, % 4, % (0) -0.1% % Other 1,076 1,072 (4) -0.4% 1, % (6) -7.1% % Paratransit (22) -8.9% % (5) -10.6% % Shared ride (18) -11.1% % 17,398 16,630 (768) -4.4% 17, % Total Linked Passengers 50,824 49,320 (1,504) -3.0% 51, %

9 Southeastern Pennsylvania Transportation Authority All Transit Divisions Statement of Revenue and Passengers for the Budget Month Ended September 2018 Current month Passenger Revenue Year to Date This Year Last Year (000 omitted) This Year Last Year Budget Actual Var. Var. % Actual Var. % Budget Actual Var. Var. % Actual Var. % $ 5,912 $ 5,188 $ (724) -12.2% $ 5, % Adult Cash $ 18,523 $ 17,851 $ (672) -3.6% $ 16, % $ 10,366 $ 10,050 $ (316) -3.0% $ 10, % Passes $ 32,529 $ 33,873 $ 1, % $ 33, % $ 6,115 $ 6,202 $ % $ 5, % Tokens/ Travel wallet $ 19,175 $ 17,895 $ (1,280) -6.7% $ 19, % $ 22,392 $ 21,440 $ (952) -4.3% $ 21, % Full Fare Adults $ 70,227 $ 69,619 $ (608) -0.9% $ 69, % $ 3,293 $ 3,683 $ % $ 3, % School $ 4,261 $ 4,621 $ % $ 3, % $ 275 $ 333 $ % $ % Disabled $ 861 $ 1,061 $ % $ % $ 25,960 $ 25,456 $ (504) -1.9% $ 25, % Total Passenger Revenue $ 75,349 $ 75,300 $ (48) -0.1% $ 73, % Passengers (000 omitted) 2,043 1,997 (46) -2.2% 1, % Adult Cash 6,401 7, % 6, % 5,580 5,138 (442) -7.9% 5, % Passes 17,514 16,474 (1,040) -5.9% 18, % 3,145 2,846 (299) -9.5% 2, % Tokens 9,862 8,692 (1,170) -11.9% 9, % 10,768 9,981 (787) -7.3% 10, % Full Fare Adults 33,778 32,302 (1,476) -4.4% 34, % 1,826 1, % 1, % School 2,364 2, % 2, % % % Disabled % % 1,355 1,314 (41) -3.0% 1, % Senior 4,250 4, % 4, % % % Other (0) 0.0% % (6) -7.1% % Paratransit (22) -8.9% % (5) -10.6% % Shared ride (18) -11.1% % 14,585 13,872 (713) -4.9% 14, % Total Linked Passengers 42,438 41,210 (1,228) -2.9% 43, %

10 Southeastern Pennsylvania Transportation Authority Regional Rail Division Statement of Revenue and Passengers for the Budget Month Ended September 2018 Current month Passenger Revenue Year to Date This Year Last Year (000 omitted) This Year Last Year Budget Actual Var. Var. % Actual Var. % Budget Actual Var. Var. % Actual Var. % $ 1,142 $ 937 $ (205) -18.0% $ 1, % Adult Cash $ 3,362 $ 2,971 $ (391) -11.6% $ 3, % $ 7,845 $ 7,599 $ (246) -3.1% $ 7, % Passes $ 22,802 $ 21,073 $ (1,729) -7.6% $ 20, % $ 3,037 $ 3,104 $ % $ 3, % Tickets/Vouchers $ 8,940 $ 9,716 $ % $ 9, % $ 12,024 $ 11,640 $ (384) -3.2% $ 11, % Full Fare Adults $ 35,104 $ 33,760 $ (1,344) -3.8% $ 33, % $ 102 $ 91 $ (11) -10.9% $ % School Fares $ 422 $ 350 $ (72) -17.1% $ % $ 46 $ 36 $ (10) -22.4% $ % Half Fare $ 137 $ 136 $ (1) -0.7% $ % $ 12,173 $ 11,767 $ (406) -3.3% $ 11, % Total Passenger Revenue $ 35,662 $ 34,246 $ (1,416) -4.0% $ 34, % Passengers (000 omitted) (20) -13.0% % Adult Cash (30) -6.6% % 1,899 1,857 (42) -2.2% 1, % Passes (361) -6.3% % % % Tickets/Vouchers % % 2,551 2,510 (41) -1.6% 2, % Full Fare Adults 7, (198) -2.6% % (4) -12.0% % School (9) -19.7% % (3) -19.9% % Disabled % % (7) -4.0% % Senior (64) -12.9% % (0) -0.7% % Other (4) -3.1% % 2,813 2,758 (55) -2.0% 2, % Total Linked Passengers 8,386 8,110 (275) -3.3% 8, %

11 Ridership Percentage By Time Period September FY % 27% 25% 24% 23% 25% 20% 18% Ridership % 15% 14% 13% 16% 11% 12% 10% 5% 4% 3% 5% 6% 0% 00:00-05:59 06:00-08:59 09:00-11:59 12:00-14:59 15:00-17:59 18:00-20:59 21:00-23:59 A.M. PEAK Time Period P.M. PEAK Surface Transit High Speed (Sub-El) Note: Excludes Free Interchange Ridership

12 SENIOR CITIZEN RIDERSHIP SEPTEMBER FY 2019 Vs. FY 2018 (Unlinked) 20,000 18,000 16,000 14,000 12,000 10,000 8,000 6,000 4,000 2,000 0 SENIOR CITIZEN AVERAGE DAILY RIDERSHIP By Surface District, Sub/El Line & RRD ALG CAL COM ELM FKD MID SOU VIC MSH NOR FRT MKT BRD RRD SEP FY'19 SEP FY'18 MODE CITY TRANSIT AVERAGE DAILY MONTH YEAR TO DATE FY'19 FY'18 % VAR FY'19 FY'18 % VAR FY'19 FY'18 % VAR Surface 55,409 61,420-10% 1,333,952 1,478,660-10% 4,464,870 4,701,448-5% Hi-Speed 14,029 12,402 13% 321, ,620 13% 1,046, ,015 13% SUBURBAN TRANSIT REGIONAL RAIL 5,478 5,882-7% 132, ,812-7% 435, ,513-3% 7,381 7,241 2% 161, ,571 2% 432, ,424-8% TOTAL 82,297 86,945-5% 1,949,622 2,063,663-6% 6,379,493 6,548,400-3%

13 SEPTA RIDERSHIP UPDATE SEPTEMBER 2018 VS. VS. BUDGET LAST YEAR SEP 2018: - 4.6% -6.0% SEP YTD: - 2.5% -2.1% 400 RIDERSHIP AVERAGE: MILLION H I G H E R R D BUDGET Ridership in Millions S T T O T A L I N A L L - T I M E R E Y C O R D 50 E A R S M FY12 FY13 FY14 FY15 FY16 FY17 FY18 FY19 FY 2019: JULY JUNE 2019