Texas Transportation Code
§ 452.455 — COMPUTATION OF PERFORMANCE INDICATORS
TN § 452.455Title 6. ROADWAYS · Part K. MASS TRANSPORTATION · Ch. 452. REGIONAL TRANSPORTATION AUTHORITIES · Art. J. FINANCIAL AND PERFORMANCE AUDITS
Statute text
View on source(a)This section applies to an authority required under Section 452.454 to contract for a performance audit.
(b)An authority's operating cost per passenger is computed by dividing the authority's annual operating cost by the passenger trips for the same period.
(c)The sales and use tax receipts per passenger are computed by dividing the annual receipts from authority sales and use taxes by passenger trips for the same period. (c-1) The subsidy per passenger is computed by subtracting annual operating revenues from annual operating costs and dividing that amount by the total number of passengers for the same period.
(d)The operating cost per revenue hour is computed by dividing the annual operating cost by the total of scheduled hours that authority revenue vehicles are in revenue service for the same period.
(e)The operating cost per revenue mile is computed by dividing the annual operating cost by the number of miles traveled by authority revenue vehicles while in revenue service.
(f)The fare recovery rate is computed by dividing the annual revenue, including fares, tokens, passes, tickets, and route guarantees, provided by passengers and sponsors of passengers of revenue vehicles, by the operating cost for the same period. Charter revenue, interest income, advertising income, and other operating income are excluded from revenue provided by passengers and sponsors of passengers.
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Legislative history
Acts 2007, 80th Leg., R.S., Ch. 118 (S.B. 1077), Sec. 2, eff. May 17, 2007. Acts 2007, 80th Leg., R.S., Ch. 118 (S.B. 1077), Sec. 3, eff. May 17, 2007. Acts 2023, 88th Leg., R.S., Ch. 709 (H.B. 2190), Sec. 14, eff. September 1, 2023.