SANTA CRUZ METROPOLITAN TRANSIT DISTRICT

C. Capital Budget
Capital Budget spending year to date through September 2012 was $633K or 2 % of the Capital
Budget. Of this, $441K or 45 % has been spent on the Video Surveillance Project – CCTV
(State-1B), $107K or 1% has been spent on the MetroBase Project – FY11 Allocation Operations
Bldg., and $51K has been spent on the State of Good Repair project.
IV.
FINANCIAL CONSIDERATIONS
Funds from Carryover from Previous Years, STIC, STA, and Operating Reserves will be used in
the listed order to bridge the budget gap at the end of the fiscal year, when the amount of the
operating income/loss for the year is determined. In the meantime, the amount of operating
income/loss year to date is reported in the monthly budget status reports.
Attachment A: FY13 Operating Revenue & Expenses Year to Date as of 09/30/12
Attachment B: FY13 Capital Budget Report for the month ending – 09/30/12
Prepared by: Kristina Mihaylova, Sr. Financial Analyst
Date Prepared: December 5, 2012
6-4.3