Updated February 6, 2012

 

Status of 33 Initiatives in the 2009 GGBHTD Financial Plan

On September 9, 2011, the Golden Gate Bridge, Highway and Transportation District Board of Directors received the annually updated 5- and 10-year Financial Projections which show a projected 5-year shortfall of $87 million. To reduce the shortfall, the Board of Directors will continue to work with staff towards implementation of additional initiatives that were first laid out in GGBHTD's 2009 Financial Plan.

Employee Positions Impacted by the 2009 Financial Plan, Updated April 22, 2011

 

Status of Financial Plan Initiatives
What is Proposed?
Press Releases, Public Information Materials and Board Actions
Implement an Annual 5% Golden Gate Ferry "Stored Value" Clipper Fare Increase

Press Release, January 13, 2012
Staff Report, January 12, 2012, Finance Committee
Public Workshops/Open Houses (Outreach Materials)

  • Tuesday, February 7, 3-6pm @ San Francisco Ferry Terminal
  • Thursday, February 9, 6:15-8:30am @ Larkpsur Ferry Terminal
  • Wednesday, February 15, 5-7pm @ San Francisco Ferry Terminal

Public Hearing

  • Thursday, March 22, 9:30am @ Board Room, Administration Building, Golden Gate Bridge, San Francisco, CA

Implement Five-year Transit Fare Increase Plan - PHASE 1

(Initiative #25)

Implement Fare Increase on Regional Buses for Local Trips(Initiative #12)

PHASE 1 COMPLETED
Public Hearing Notice, April 6 & 7, 2011
Public Hearing Staff Report, April 6 & 7, 2011
Press Release, February 21, 2011, and updated February 24 and February 25, 2011
Staff Report, February 24, 2011, Finance Committee
Outreach Materials
February 25, 2011: Board approved the setting of Public Meetings on the Proposed 5-year Transit Fare Program (July 1, 2011, and annually through July 1, 2015).
Board Action

Further Reliance on Automated Information for Transit Customers (Initiative #2) UNDERWAY - CLOSE TO COMPLETION IN EARLY 2012
Press Release, April 8, 2011
Staff Report, April 8, 2011, Rules Committee
Supplemental Staff Report to Board, April 22, 2011
April 22, the Board of Directors approved this item. It was modified after going to Committee on April 8, 2011
Consider Implementation of All Electronic Tolling
(Initiative #4)

UNDERWAY – IMPLEMENTATION LATE 2011/EARLY 2012
Press Release, January 10, 2011
Staff Report, January 13, 2011, Finance Committee
Press Release Update, January 13, 2011
Questions and Answers, January 27, 2011, Finance Committee (re: questions raised at January 13 Finance meeting)
Staff Report, January 27, 2011, for Finance Committee (same staff report previously issued for January 13 Finance meeting)
Staff Report, April 9, 2010, Finance Committee
Press Release, April 6, 2010

Provide Automated Ticket Vending Machines on Golden Gate Ferry System

(Initiative #5)

 COMPLETED
Press Release, October 21, 2010, and updated January 19, 2011
Staff Report, October 21, 2010, Finance Committee
Staff Report, February 25, 2010, Building & Operating Committee
Board Action, February 26, 2010
Board Action, October 22, 2010

Reduce Ferry Fare Discount for Clipper Card Users to 30%

(Initiative #13)

Reduce Ferry Trips with Low Ridership

(Initiative #9)

Press Release, November 30, 2010
November 19, 2010: Board of approved changes to the ferry fares and the Larkspur schedule. The new Clipper discount ferry fares will go into effect on January 1, 2011, and the schedule changes will go into effect on February 1, 2011.
Staff Report, November 18, 2010, Transportation Committee
Press Release, November 10, 2010
Press Release, October 8, 2010
Public Hearing Staff Report, October 7, 2010
September 2010 Open House Meetings
September 2010 Open House Meeting Materials
Staff Report, August 6, 2010, Transportation Committee
Press Release, August 3, 2010

Increase Carpool and Multi-Axle Toll

(Initiative #23)

COMPLETED
February 11, 2010: Press Release and Finance Committee Staff Report
April 2010 Open House Meetings and April 2010: Open House Materials
May 12 & 14, 2010: Public Hearing Notice
May 28, 2010: Staff Report, Finance Committee
May 28, 2010: Toll Rate Changes Approved - Carpool Toll implementation July 1, 2010 Multi-axle Toll: July 1, 2011, and July 1, 2012

Reduce Underutilized GGT Commute Bus Service

(Initiative #9)

COMPLETED
March 11, 2010 Staff Report, Transportation Committee; March 12, 2010: Press Release
April 2010 Open House Meetings and April 2010 Open House Materials
May 12 & 14, 2010: Public Hearing Notices
May 27, 2010: Staff Report, Transportation Committee
May 28, 2010: Board Action, May 28, 2010. GGT bus service reductions approved for implementation September 12, 2010 and based on public input, the approved bus service reductions were slightly different from the original proposal.
August 26, 2010: Press Release and September 12, 2010, GGT Bus Service Reductions
Maps showing Proposed Bus Changes: Sonoma County, Marin County, San Francisco (up to 3MB)

Freeze Salaries of Non-Represented Employees and Officers an Additional Six Months

(Initiative #18)

COMPLETED: 6-month Salary Freeze Extension through December 31, 2010 approved.
Staff Report, April 9, 2010, Finance Committee

Implement New Banking Collections Methods

(Initiative #1)

 COMPLETED: Implemented as an internal administrative cost reduction measure. It is included in the adopted budget for FY 2010/2011 and includes the elimination of two positions. It is estimated to save $200,000 annually.

Reduce Manual Toll Collection

(Initiative #3)

 COMPLETED: Implemented as an internal administrative cost reduction measure. It is included in the adopted budget for FY 2010/2011 and includes the elimination of two positions. It is estimated to save $170,000 annually.

Adjust 10-Year Capital Plan

(Initiative #16)

 COMPLETED: Implemented as an internal administrative cost reduction measure as the initiative sets a longer timeframe for current projects and looks to increase grant commitments to reduce the yearly capital contribution amount from $19 million to $13 million. This is included in the adopted budget for FY 2010/2011.

Reduce Administrative Expense

(Initiative #17)

 COMPLETED: Implemented as an internal administrative cost reduction measure with annual savings estimated at $745,000. This is included in the adopted budget for FY 2010/2011.

Implement Expanded Bridge Concession Opportunities

(Initiative #22)

 ON HOLD:
Press Release, April 2, 2010