Not to spoil the conclusion for you, but yes, the service
had a good year. The County expanded Capital Bikeshare throughout the
Rosslyn-Ballston corridor during this time period, more than doubling its
number of stations from 18 to 41 and bikes from 123 to 286. With the additional
stations and bikes came an increased cost recovery ratio – the percentage of
revenues divided by expenses. Fiscal Year 2011 had a 53% cost recovery ratio
and FY12 saw an increase to 64%.
Arlington’s portion of the service had $411,000 in revenues
from memberships, user fees, and sponsorships and $473,000 in operations
expenses, plus $170,000 in management and marketing – totaling $643,000 in
expenses. The number of trips starting and ending in Arlington increased by
about 280% to 88,613 (trips starting) and 86,438 (trips ending). The number of
miles ridden in Arlington increased 343% to about 95,000 miles, which helped
remove nearly 64,000 pounds of CO2 from the air. The service also got us more
active and we burned over 4.1 million calories to be fit.
The Report also discusses our accomplishments, such as our
partnership with Bank on DC, Transit Development Plan, map panels design
updated, marketing campaign, and call center improvements. The report can be
found online at BikeArlington.com.
(cross-posted on BikeArlington.com)