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

Fiscal Years 2010 and 2011 Actual and Fiscal Year 2012 Budget
Regional Rail Division
Amounts in thousands ('000)
FY 2012
FY 2010 FY 2011 FY 2012 versus
Actual Actual Budget FY 2011
REVENUE
Passenger Revenue $ 121,730 $ 135,349 $ 136,248 $ 899
Shared Ride Program - - - -
Investment Income 502 799 360 (439)
Other Income 11,205 11,248 11,154 (94)
TOTAL OPERATING REVENUE $ 133,437 $ 147,396 $ 147,762 $ 366
EXPENSES
Labor and Fringe Benefits $ 177,766 $ 176,484 $ 183,170 $ 6,686
Materials and Services 73,550 71,564 79,650 8,086
Injuries & Damage Claims (3,253) 1,560 2,199 639
Propulsion Power 17,896 18,952 19,745 793
Fuel 182 227 358 131
Vehicle and Facility Rentals 483 501 540 39
OPERATING EXPENSE $ 266,624 $ 269,288 $ 285,662 $ 16,374
Depreciation/Contributed Capital $ 5,088 $ 5,171 $ 9,030 $ 3,859
TOTAL EXPENSES $ 271,712 $ 274,459 $ 294,692 $ 20,233
DEFICIT BEFORE SUBSIDY $ (138,275) $ (127,063) $ (146,930) $ (19,867)
OPERATING SUBSIDY
Federal $ 6,429 $ 20,337 $ 48,181 $ 27,844
State 115,731 91,550 85,711 (5,839)
Local 15,723 14,390 12,038 (2,352)
Other 486 844 1,000 156
TOTAL SUBSIDY $ 138,369 $ 127,121 $ 146,930 $ 19,809
SURPLUS/(DEFICIT) $ 94 $ 58 $ - $ (58)
SEPTA Fiscal Year 2012 Operating Budget 29