The workshops will better equip transit staff in understanding, predicting, and managing operational costs. The workshops are sponsored by TxDOT and will be conducted in a round-table format based on the Managing Operating Costs Guidebook. Participants will work in small groups to facilitate discussion with “how-to” templates and step-by-step examples.
“Managing Operating Costs for Rural and Small Urban
Public Transit Systems”
The guidebook is a resource for rural and small urban transit agency managers to use in better understanding, predicting, and managing operational costs. Doing so can improve the efficiency, effectiveness, and sustainability of public transit in the community served. The guide is a framework for assessing current transit agency operating costs and tools to predict future costs and is presented in three parts: part 1 introduces the fundamentals of transit operating costs and discusses what drives them; using real-world examples, part 2 looks at the impact of component costs on an agency’s bottom line to help managers prioritize where to optimize spending to get the biggest bang for their buck; and part 3 provides practical tools to help managers allocate costs by service type and conduct market analyses to improve services offered consumers.
Download the guidebook here.