At last night’s meeting of the Contra Costa Transportation Authority (CCTA) the Board agreed to release the Draft Final Financial Feasibility of Contra Costa County Ferry Service, 2015-2024.
Over the past year, a working group of Contra Costa ferry service stakeholders has been meeting to discuss issues related to Water Emergency Transportation Authority (WETA) expansion into Contra Costa. A financial feasibility study has been developed.
Over the past decade, WETA has assumed operational control of the key San Francisco Bay ferry service routes, expanded service to one new route, and planned for additional ferry service routes. As part of this, it has prepared a variety of planning, engineering, and environmental review documents for the additional ferry service routes, including the proposed future Contra Costa destinations of Richmond, Hercules, Martinez, and Antioch. Up until now, no specific financial feasibility analysis has been conducted for these routes, however, such analysis was sought to understand key financial feasibility issues for the proposed new routes. The findings of the financial feasibility assessment will guide future planning, investment priorities and funding efforts as may be conducted by WETA, CCTA, or the individual cities for which the service is planned.
The Study presents a financial feasibility analysis of the four direct-service ferry lines being
considered for Contra Costa: Richmond, Hercules, Martinez and Antioch. These cities were identified for future routes to San Francisco in a study prepared by WETA’s predecessor agency the Water Transit Authority’s (WTA). WTA’s Implementation and Operations Plan (IOP) was published in 2003 as required by Senate Bill 428 (1999). In addition, the Study also evaluates the feasibility of the combined, or interlined, routes of Antioch/Martinez, Martinez/Hercules and Antioch/Martinez/Hercules to understand the magnitude of potential operating efficiencies and changes to potential ridership.