Arlington County, VA spent $1,431,000 to operate its bikesharing service in FY2014.

May 2015 update to the Arlington County Capital Bikeshare Transit Development Plan.

Made Public Date
02/27/2018

316

Arlington
Virginia
United States
Identifier
2018-00396
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Summary Information

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.

System Cost

$1,431,000 to operate a 70 station bikesharing service with approximately 500 bicycles.