1. Water Emergency Transportation Authority 1 San Francisco Bay Area Draft Short Range Transit Plan January 2016

2. What is an Short Range Transit Plan? Strategic Plan Updated every 10-20 years Mission/Vision & Board Policies Used to assess unexpected opportunities Short Range Transit Plan Updated every 2-3 years Financially constrained Budget & Workplan Updated every year Used for day-to-day management Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016 2

3. Current Short Range Transit Plan Adopted by WETA Board in January 2013. Major themes - declining ridership and rising costs. 10-year Operating Plan – total cost $326.6 million. New expansion services to Berkeley, Richmond, and Treasure Island. 10-year Capital Improvement Program – Total cost $422.1 million. 3 Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016

4. Updated Draft SRTP 4 Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016 System Overview and Performance Evaluation for FY 2012 – FY 2015 10-year Capital Improvement Program at total cost of $515.5 million. 10-year Operating Plan for FY 2016 – FY 2025 at total cost of $500.0 million. Schedule: Public Comment (January 2016) Prepare Final Draft (February 2016) WETA Board (March 2016) Submit to MTC (March 2016)

5. System Performance Key MetricsFY 2012-13FY 2014-15 Total Annual Passengers1,564,0002,144,000 Total Cost$23.8 million$26.5 million Passengers per Hour107140 Subsidy per Passenger$8.51$5.89 Farebox Recovery44.1%52.5% Peak Occupancy49.7%58.3% 300,000 new trips on Alameda/Oakland 58% farebox recovery ratio on Vallejo 173 passengers per hour on Harbor Bay 161% ridership increase on South San Francisco 5 Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016

6. Capital Improvement Program (CIP) $515,476,600 Revenue Vessels - $329 Million Rehabilitation, replacement, and expansion of WETA Fleet Fleet of 18 vessels by FY 2024-25 Service Expansion - $93 Million Richmond Ferry Terminal Downtown San Francisco Ferry Terminal Expansion Major Facilities - $17 Million Rehabilitation and replacement of terminal and berthing facilities Maintenance Facilities - $75 Million Central Bay O&M Facility North Bay O&M Facility 6 Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016

7. Capital Improvement Program (CIP) $515,476,600 Federal Revenues - $224 Million FTA Section 5307/5337/5309 Passenger Ferry Grant Program (FTA) State Revenues - $220 Million Proposition 1B State Transportation Assistance (STA) Local Revenues - $71 Million Bridge Tolls - Regional Measure 1 and Regional Measure 2 Local Sales Tax - San Francisco Prop K and Alameda Measure B/BB 7 Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016

8. 10-Year Operating Plan Total cost $500.0 million, $34.2 million in FY 2015-16, $59.7 million in FY 2024-25. Maintain existing services, anticipate cost inflation Limited service enhancement – additional peak-period departures for Alameda/Oakland and Vallejo in FY 2015-16 New expansion services – Richmond (FY 2018-19) and Treasure Island (FY 2021-22) 8 Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016

9. 10-Year Operating Plan 9 Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016

10. 10-Year Operating Plan 10 Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016 12-13% Annual Ridership Growth Assumptions

11. Reserve Funding 11 Short Range Transit Plan | WETA Board of Directors Meeting | January 14, 2016