California State Rail Plan 2007-08 to 2017-18

Chapter III - Operations ProgramFigure 3BINTERCITY RAIL OPERATING FINANCIAL PLANFederal Fiscal Years 2004-05 - 2017-18(Dollars in Millions)Actual Current • Budget Projected2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11 2011-12 2012-13 2013-14 2014-15 2015-16 2016-17 2017-18REVENUESPacific Surfliners § $ 26.7 $ 32.6 $ 34.5 $ 36.1 $ 37.6 $ 39.4 $ 41.3 $ 44.1 $ 46.1 $ 53.4 $ 58.9 $ 61.6 $ 64.2 $ 67.0San Joaquins $ 22.6 $ 26.5 $ 26.5 $ 29.0 $ 28.8 $ 30.4 $ 32.0 $ 38.6 $ 40.6 $ 42.7 $ 45.0 $ 47.3 $ 56.5 $ 59.4Capitol Corridor $ 14.8 $ 15.7 $ 18.8 $ 20.7 $ 20.5 $ 21.5 $ 22.6 $ 27.3 $ 28.6 $ 33.1 $ 37.5 $ 39.1 $ 41.5 $ 46.0Total Revenues $ 64.1 $ 74.8 $ 79.8 $ 85.8 $ 86.9 $ 91.3 $ 95.9 $ 110.0 $ 115.3 $ 129.2 $ 141.4 $ 148.0 $ 162.2 $ 172.4EXPENSESPacific Surfliners § $ 48.1 $ 57.8 $ 55.9 $ 58.7 $ 60.3 $ 62.7 $ 64.0 $ 67.5 $ 69.5 $ 81.6 $ 89.9 $ 92.6 $ 95.4 $ 98.3San Joaquins $ 49.9 $ 58.2 $ 57.2 $ 61.0 $ 61.3 $ 63.1 $ 65.0 $ 83.4 $ 85.9 $ 88.5 $ 91.2 $ 93.9 $ 110.2 $ 113.5Capitol Corridor $ 39.2 $ 38.8 $ 47.0 $ 44.4 $ 52.6 $ 54.2 $ 55.8 $ 65.7 $ 67.7 $ 76.5 $ 85.0 $ 87.6 $ 91.6 $ 99.7Total Expenses $ 137.2 $ 154.8 $ 160.1 $ 164.1 $ 174.2 $ 180.0 $ 184.8 $ 216.6 $ 223.1 $ 246.6 $ 266.1 $ 274.1 $ 297.2 $ 311.5FAREBOX RATIOPacific Surfliners § 55.5% 56.4% 61.7% 61.5% 62.4% 62.8% 64.5% 65.3% 66.3% 65.4% 65.5% 66.5% 67.3% 68.2%San Joaquins 45.3% 45.5% 46.3% 47.5% 47.0% 48.2% 49.2% 46.3% 47.3% 48.2% 49.3% 50.4% 51.3% 52.3%Capitol Corridor 37.8% 40.5% 40.0% 46.6% 39.0% 39.7% 40.5% 41.6% 42.2% 43.3% 44.1% 44.6% 45.3% 46.1%STATE COSTS *Existing RoutesPacific Surfliners § $ 21.4 $ 21.9 $ 22.1 $ 23.1 $ 23.1 $ 23.1 $ 23.1 $ 23.8 $ 23.8 $ 28.6 $ 31.5 $ 31.5 $ 31.6 $ 31.8San Joaquins $ 27.3 $ 27.6 $ 27.4 $ 32.5 $ 32.9 $ 33.2 $ 33.4 $ 45.3 $ 45.8 $ 46.2 $ 46.7 $ 47.1 $ 54.2 $ 54.6Capitol Corridor $ 24.4 $ 23.6 $ 23.6 $ 24.1 $ 32.6 $ 33.1 $ 33.7 $ 38.8 $ 39.5 $ 43.9 $ 48.0 $ 48.9 $ 50.5 $ 54.2Sub Total $ 73.1 $ 73.1 $ 73.1 $ 79.7 $ 88.6 $ 89.4 $ 90.2 $ 107.9 $ 109.1 $ 118.7 $ 126.2 $ 127.5 $ 136.3 $ 140.6Equipment-Heavy Overhaul $ 13.5 $ 13.8 $ 14.0 $ 13.8 $ 9.3 $ 13.1 $ 12.6 $ 13.6 $ 14.6 $ 15.6 $ 16.0 $ 16.0 $ 16.0 $ 16.0Total $ 86.6 $ 86.9 $ 87.1 $ 93.5 $ 97.9 $ 102.5 $ 102.8 $ 121.5 $ 123.7 $ 134.3 $ 142.2 $ 143.5 $ 152.3 $ 156.6Route Extensions and New RoutesSan Francisco-San Luis Obispo $ 4.6 $ 5.1 $ 5.1 $ 10.3 $ 10.4 $ 10.5 $ 10.6 $ 10.7Sacramento-Reno $ 3.1 $ 3.1 $ 6.3 $ 6.3Sacramento-Redding $ 3.3 $ 3.3 $ 3.3Total $ 4.6 $ 5.1 $ 5.1 $ 10.3 $ 13.5 $ 16.9 $ 20.2 $ 20.3Existing and New RoutesGrand Total $ 86.6 $ 86.9 $ 87.1 $ 93.5 $ 97.9 $ 102.5 $ 107.4 $ 126.6 $ 128.8 $ 144.6 $ 155.7 $ 160.4 $ 172.5 $ 176.9• - 2006-07 revenues and expenses are partial year actual and projected for the remainder of the year.# - Expenses do not include equipment lease costs, as all new equpment will be State owned.* - Reflects operating contract maximum from 2004-05 through 2006-07. In all years, includes payment to Amtrak for minor capital projects not included in any other line item.§ - Reflects Revenues, Expenses, Farebox Ratio and State Costs for state supported portion of the service.43