FY 2013 Operating and Capital Budget - Metro Transit

Metro Transit System
Budget Summary
Fiscal Year Ending June 30, 2013
$ Change
13 Bgt
vs. 12 Proj
% Change
13 Bgt
vs. 12 Proj
FY 2013
FY 2012
FY 2011
Operating revenue:
Budget Projection Budget
Actual
Passenger revenue
Bus/Rail revenue
$ 49,508,981 $ 47,587,055 $ 47,623,242 $ 1,921,926 4.0% $ 45,227,025
C-A-R revenue
948,549 930,697 899,724 17,852 1.9% 888,397
Total Passenger Revenue
50,457,530 48,517,752 48,522,966 1,939,778 4.0% 46,115,422
TMA revenue
1,385,000 1,458,017 1,565,000 (73,017) -5.0% 1,381,174
Other operating revenue
3,635,986 3,687,119 3,475,648 (51,133) -1.4% 3,690,847
Total operating revenue 55,478,516 53,662,888 53,563,614 1,815,628 3.4% 51,187,442
Operating expenses:
Wages and benefits excluding OPEB
OPEB
Services
Realized gain fuel hedging
Fuel and lubrications
Parts & supplies
Casualty and liability costs
Utilities
Taxes, leases, & other
Agency fees
153,841,325
11,038,502
27,465,006
(1,588,449)
21,835,319
18,816,134
5,233,448
7,902,197
2,573,715
2,600,000
147,673,531
11,367,327
25,324,846
(1,517,645)
20,619,974
18,410,015
4,851,672
7,547,026
2,267,640
1,800,000
151,079,876
12,185,896
24,794,433
(1,510,652)
21,385,205
18,409,573
4,798,754
7,575,385
2,599,314
1,800,000
6,167,794
(328,825)
2,140,160
(70,804)
1,215,345
406,119
381,776
355,172
306,075
800,000
4.2%
-2.9%
8.5%
4.7%
5.9%
2.2%
7.9%
4.7%
13.5%
44.4%
138,365,284
10,266,283
24,168,313
(1,669,024)
15,626,137
17,533,255
5,933,642
6,876,536
1,959,250
1,500,000
Total operating expenses 249,717,198 238,344,386 243,117,784 11,372,813 4.8% 220,559,676
Operating income (loss) (194,238,683) (184,681,498) (189,554,169) (9,557,185) 5.2% (169,372,234)
Non-operating revenue (expense):
Grants & assistance
Investment income
Capital lease revenue
Capital lease expense
Interest expense
Realized gain/(loss) capital lease
Sheltered workshop
Contributions (to) from outside entities
Other misc nonoperating revenue (expense)
207,313,927
,
301,000
5,233,202
(5,233,202)
(23,040,667)
-
(1,070,994)
40,000
-
205,661,417
,
339,556
5,071,191
(5,071,191)
(22,549,138)
-
(1,087,003)
44,658
466,942
200,674,483
,
406,300
5,071,191
(5,071,191)
(22,570,380)
-
(1,025,997)
40,000
-
1,652,510
,
(38,556)
162,011
(162,011)
(491,529)
-
16,009
(4,658)
(466,942)
0.8%
-11.4%
3.2%
3.2%
2.2%
-1.5%
-10.4%
-100.0%
197,185,104
,
311,439
6,757,352
(6,757,352)
(22,513,859)
(6,488,743)
(1,051,835)
80,417
1,163,548
Total nonoperating revenues (expenses) 183,543,266 182,876,433 177,524,406 666,833 0.4% 168,686,071
Net Income (deficit) before
depreciation & amortization (10,695,417) (1,805,065) (12,029,763) (8,890,352) 492.5% (686,163)
Depreciation and amortization 69,305,966 72,584,724 72,559,537 (3,278,758) -4.5% 75,490,541
Net surplus (deficit) $ (80,001,383) $ (74,389,789) $ (84,589,300) $ (5,611,594) 7.5% $ (76,176,704)
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