Key West Transit Development Plan FY2025-2034

Unfunded Needs

Unfunded Needs Several transit service improvements were identified through the development of Key West on the Move. Annual operating costs were estimated for each improvement based on the estimated revenue hours of service and cost per revenue hour. Expanding fixed-route service will require complementary ADA service to also be provided at the same time. The operating costs for the expanded ADA service were estimated based on costs to operate current ADA service. As shown in Table ES-7 and Appendix G , the total operating costs (in 2024 dollars) for existing services and if all identified transit improvements were implemented are estimated to total $135.4 million for the ten-year planning horizon. The operating costs of the transit improvements are estimated to total $56.6 million from the beginning of implementation in 2027 through the new ten-year horizon of 2034. The annual estimated operating cost is $8.5M to only implement the improvements identified in Key West On the Move. New transit vehicles with equipment and infrastructure are needed to support the existing KWT network for future service expansions. In addition to the capital costs identified in the Ten-Year Financial Plan, unfunded capital needs over the next 10 years include 17 additional fixed-route vehicles consisting of transit vans, buses and/or trolley-like vehicles to operate new or expanded services including ADA trips. These additional vehicles are estimated to cost $7.7 million in 2024 dollars. Fleet diversification was identified as a priority to improve operational efficiency. By incorporating different vehicle types such as smaller hybrid-electric buses and vans, KWT can optimize their services to better meet the needs of the community. Smaller vehicles can be deployed in neighborhoods with narrow streets, where all the buses can operate on the main roads and overseas highway to accommodate higher passenger capacities.

The unfunded needs plan includes an estimated $32 million for the phased construction of the Key West Intermodal Center (KWIC). Housing costs, ranging from $8 million to $25 million, depend on the number and size of units. The parking garage cost, between $3 million and $7 million, varies based on the type and level of automation. These preliminary estimates are subject to change due to rising costs and future plans. Costs for other KWIC components like commercial space and amenities

remain undetermined and will depend on factors such as space utilization and construction details to be decided in later studies. As shown in Appendix G , the ten-year capital needs are estimated to cost $49.1 million. Of this total, $18.5 million is currently projected as funded. The remaining $30.6 million is contingent on federal

grant awards with the assumptions of KWT pursing discretionary opportunities. The ten-year total, rather than an annual cost, is provided since capital expenditures do not typically reoccur each year.

Transit Development Plan FY 2025–2034

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