FY 2013 Operating and Capital Budget - Metro Transit

Beverage revenue for FY 2013 is generated from beverage sales on the various types of
cruises and from the Arch View Café. Beverage revenue is budgeted at 8.9% higher than
the FY 2012 projection because of the days lost to high water in FY 2012 during the July 4 th
holidays.
Retail revenue is generated from gift shop sales. These revenues are budgeted 7.5%
higher than the FY 2012 projection.
Other miscellaneous revenue in FY 2013 includes revenues from bike rentals, helicopter
tours and concessions, and a contracted passenger cruise photography service.
Expense
Other
expenses
6.5%
Materials and
supplies
21.1%
Utilities
4.5%
Casualty &
liability
6.5%
Riverfront Attractions
FY 2013 Operating Expense
Services
12.0%
Fuel and
lubrications
3.4%
Wages &
benefits &
OPEB
46.0%
Wages and benefits are budgeted
in FY 2013 at 4.6% higher than the
FY 2012 projection primarily due
to increased pension and medical
costs.
Other postemployment benefits
(OPEB) is retiree benefits expense
of $58,052.
Services in FY 2013 are budgeted
to increase 7.7% from the FY
2012 projection primarily due to
riverboat repair services.
Materials and supplies are budgeted 16.3% higher than the FY 2012 projection.
Materials and supplies include the following (in thousands):
Cost of food $ 300
Cost of beverages 86
Cost of retail shop items 51
Other marine operations supplies 38
Food and beverage service supplies 36
Office supplies, other 35
$ 546
Fuel and lubrications expense is budgeted to increase 15.6% in FY 2013 over the FY
2012 projection due to anticipated higher fuel prices in FY 2013.
154