Key West Transit Development Plan FY2025-2034

9.0 Ten-Year Implementation Plan

Table 9-1: Ten Year Financial Plan Costs and Revenues Total Operating and Capital Program

2025 2026 2027 2028 2029 2030 2031

2032 2033 2034 10-Year Total

Costs and Revenues

Total Revenues

$146,120,712 $184,626,359

$13,045,595 $10,663,188 $10,935,143 $10,416,772 $10,623,945 $22,835,261 $23,550,803 $12,104,818 $11,070,150 $10,399,354 $10,633,070 $16,225,653 $29,829,588 $30,164,127

$19,780,656 $26,368,909

$12,015,106 $18,730,788

$12,254,245 $19,099,903

Total Costs

Revenues Minus Costs Rollover from Prev. Year Surplus/Shortfall

$(38,505,647)

$940,777

$(406,962) $535,790

$(216,297)$(5,601,708)$(6,994,328) $(6,613,324) $(6,588,254) $(6,715,682) $(6,845,659)

$(88,053,974)

—

$940,777

$533,815

$1,069,605

$853,307

$(4,748,401)$(11,742,729) $(18,356,053)$(24,944,306)$(31,659,988)

$853,307 $(4,748,401)$(11,742,729)$(18,356,053)$(24,944,306)$(31,659,988)$(38,505,647) $(126,559,621)

$940,777

$533,815

$1,069,605

Operating Cost Assumptions: 2022 NTD Hourly Costs ($78.91) Averaged with $125 Per Hour Capital Cost Assumptions: Price estimates from FL TRIPS contract for variety of vehicle types for fleet diversification, context sensitivity and operational optimization

Transit Development Plan FY 2025–2034

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