FY 2012 Operating Budget and FY 2013-2017 Financial ... - Septa

More documents

Recommendations

Info

Fringe Benefits Fringe benefits are a major expense for SEPTA representing 27.4% of the Fiscal Year 2012 operating budget of $1.23 billion. Responsibility for management of fringe benefit costs rests with all Authority departments; however, the Employee Benefits, Public and Operational Safety, Labor Relations, Legal and Finance Departments take the lead in cost control. Authority expenditures for fringe benefits are largely controlled by statutory and contractual obligations, and significantly influenced by national trends in the cost of health coverage. These costs may be divided into the following categories: • Medical and Life Insurance – SEPTA provides medical, prescription, dental, vision and life insurance benefits for union and management employees and retirees in accordance with the labor agreements negotiated with each respective union. • Payroll Taxes – This represents the required employer contribution for Social Security (FICA) and Railroad Retirement Taxes (RRT). • Unemployment – SEPTA is required to pay into the State and Railroad unemployment compensation funds. SEPTA is self-insured for non-railroad employees. • Pension – This includes pension obligations, excluding Railroad employees who are covered by the Railroad Retirement System. • Workers’ Compensation and FELA – An obligation to employees injured on duty for their medical bills and lost wages. Fiscal Year 2012 Operating Budget Fringe Benefit Expense (Amounts in Thousands) Medical, Prescription, Dental, Vision & Life $ 188,644 Payroll and Unemployment Taxes 60,591 Pension 88,570 Workers' Compensation and FELA 28,359 Subtotal $ 366,164 Capital Support and Projects * (29,036) Fringe Operating Expense $ 337,128 * The net fringe benefit cost of $337.1 million includes a credit for the portion of employee benefits applicable to capital project labor. For management oversight purposes, the fringe benefits budget is tracked separately from departmental labor. A fully allocated net labor and fringe benefits budget appears on the following page. SEPTA Fiscal Year 2012 Operating Budget 139
Fringe Benefits Fiscal Year 2012 Operating Budget Labor and Fringe Benefits Amounts in Thousands (000's) Net Fringe Net Labor Benefits Total Operations $ 411,905 $ 261,880 $ 673,785 Corporate Staff 2,525 1,605 4,130 Audit and Investigative Services 1,127 717 1,844 Business Services 13,705 8,713 22,418 Customer Service 5,145 3,271 8,416 Engineering, Maintenance and Construction 71,277 45,316 116,593 Finance and Planning 10,892 6,925 17,817 Human Resources 10,679 6,789 17,468 Legal 4,007 2,548 6,555 Public and Government Affairs 1,603 1,019 2,622 Public and Operational Safety 5,230 3,325 8,555 Other * (13,480) (4,980) (18,460) Total $ 524,615 $ 337,128 $ 861,743 * The “Other” category includes Authority-wide capital support labor costs and credit for the Job Access Reverse Commute (JARC) program as well as the fringe costs associated with these programs. SEPTA Fiscal Year 2012 Operating Budget 140
Page 2 and 3:
The Government Finance Officers Ass
Page 4 and 5:
SEPTA Fiscal Year 2012 Operating Bu
Page 6 and 7:
Page 8 and 9:
Southeastern Pennsylvania Transport
Page 10 and 11:
Introduction and SEPTA Profile SEPT
Page 12 and 13:
Introduction and SEPTA Profile Popu
Page 14 and 15:
Page 16 and 17:
Page 18 and 19:
Summary of Assumptions This documen
Page 20 and 21:
FINANCIAL PLANNING POLICIES Financi
Page 22 and 23:
EXPENDITURE POLICIES Financial and
Page 24 and 25:
Financial and Budgetary Policies Ca
Page 26 and 27:
Financial and Budgetary Policies Fu
Page 28 and 29:
Annual Budget Process Fiscal Year 2
Page 30 and 31:
Organizational Structure The Pennsy
Page 32 and 33:
Operating and Staff Departments FIN
Page 34 and 35:
Fiscal Years 2010 and 2011 Actual a
Page 36 and 37:
Page 38 and 39:
Page 40 and 41:
Financial Projections With the pass
Page 42 and 43:
Operating Revenue SEPTA receives re
Page 44 and 45:
Operating Revenue $10 Investmentt I
Page 46 and 47:
Subsidy Introduction Total subsidie
Page 48 and 49:
Subsidy In addition, the operating
Page 50 and 51:
Fiscal Year 2012 Operating Budget C
Page 52 and 53:
Local Subsidies City Regional Total
Page 54 and 55:
Expense Assumptions LABOR & BENEFIT
Page 56 and 57:
Expense Assumptions SEPTA Fiscal Ye
Page 58 and 59:
Page 60 and 61:
Allocation By Division - Fiscal Yea
Page 62 and 63:
Detail of Expenses - Fiscal Year 20
Page 64 and 65:
Headcount Authorization Cause of Ch
Page 66 and 67:
Fiscal Year 2012 Headcount Authoriz
Page 68 and 69:
Corporate Staff SEPTA Fiscal Year 2
Page 70 and 71:
Corporate Staff HEADCOUNT OPERATING
Page 72 and 73:
Corporate Staff Improve Customer an
Page 74 and 75:
Operations Overview The Operations
Page 76 and 77:
Operations HEADCOUNT OPERATING HEAD
Page 78 and 79:
Operations SURFACE TRANSPORTATION P
Page 80 and 81:
Operations LABOR RELATIONS Principa
Page 82 and 83:
Operations Automotive Vehicle Maint
Page 84 and 85:
Operations ‣ Achieve and maintain
Page 86 and 87:
Audit and Investigative Services Ov
Page 88 and 89:
Audit and Investigative Services EX
Page 90 and 91:
Business Services Division SEPTA Fi
Page 92 and 93:
Business Services Information Techn
Page 94 and 95:
Business Services EXPENSES Amounts
Page 96 and 97:
Business Services DIVISIONAL GOALS
Page 98 and 99: Customer Service and Advocacy Overv
Page 100 and 101: Customer Service and Advocacy HEADC
Page 102 and 103: Customer Service and Advocacy Graph
Page 104 and 105: Engineering, Maintenance and Constr
Page 112 and 113: Finance and Planning Division SEPTA
Page 114 and 115: Finance and Planning Accounting Cap
Page 116 and 117: Finance and Planning EXPENSES Amoun
Page 118 and 119: REVENUE, RIDERSHIP AND SALES Financ
Page 120 and 121: Finance and Planning DIVISIONAL GOA
Page 122 and 123: Human Resources Overview Human Reso
Page 124 and 125: Human Resources HEADCOUNT OPERATING
Page 126 and 127: Human Resources Project Management
Page 128 and 129: Legal Division SEPTA Fiscal Year 20
Page 130 and 131: Legal HEADCOUNT OPERATING HEADS A B
Page 132 and 133: Legal DIVISONAL GOALS AND BUSINESS
Page 134 and 135: Public and Government Affairs Overv
Page 136 and 137: Public and Government Affairs HEADC
Page 138 and 139: Public and Government Affairs Feder
Page 140 and 141: Public and Operational Safety Divis
Page 142 and 143: Public and Operatio nal Safety Clai
Page 144 and 145: Public and Operational Safety EXPEN
Page 146 and 147: Public and Operational Safety DIVIS
Page 150 and 151: Non-Departmental Expense Amtrak ADA
Page 152 and 153: Job Access and Reverse Commute Prog
Page 154 and 155: Operating Goals and Performance Eva
Page 164 and 165: Improving Our System Capital Improv
Page 166 and 167: Capital Improvement Program Capital
Page 168 and 169: Capital Improvement Program Infrast
Page 170 and 171: Capital Improvement Program Paratra
Page 172 and 173: Capital Improvement Program System
Page 174 and 175: Glossary of Acronyms A ADA - The Am
Page 176 and 177: Glossary of Acronyms P PCC Car - Pr
Page 178 and 179: Glossary Americans with Disabilitie
Page 180 and 181: Glossary E Enterprise Funds - Funds
Page 182 and 183: Glossary L Leases and Rentals - The
Page 184: Glossary currently consists of thre
show all

FY 2012 Operating Budget and FY 2013-2017 Financial ... - Septa

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?