La Metro - Budget Proposed Fy08
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_____________________________________________________
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Office of Management and Budget One Gateway Plaza Los Angeles, CA 90012-2952
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Addendum to Proposed FY08 Budget A. Program an additional $32 million of fare revenues to fund bus and rail operating expenses as approved by the Board at the May 2007 meeting; B. Reduce rail funding by $5.2 million of Proposition C40% revenues and reprogram those revenues to CP#201044 FY08 CNG Articulated Bus Buy - $4 million and CP#200225 Universal Fare System - $1.2 million; C. Program an additional $4.1 million of advertising revenues to the bus operating budget and an additional $300,000 of advertising revenues to the rail operating budget as approved by the Board at the June 2007 meeting; D. Program $35 million of CNG fuel credits (FY07 actual allocation of $15 million and FY08 expected allocation of $20 million) from the General Fund balance to the bus operating budget; E. Program an additional $5 million of Proposition C40% revenues to the Immediate Needs program as approved by the Board at the May 2007 meeting; F. Decrease Metro Bus revenues by $1,146,284 in the Enterprise Fund and increase Subsidies to Others by $1,146,284 in the Special Revenue Fund to accommodate revised funding marks for Formula Allocation Procedure (FAP) adjustments made subsequent to printing the proposed budget book.
Proposed FY08 Budget
Addendum • A
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
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B • Addendum
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Table of Contents Budget Highlights .......................................................................................................................1 Funding and Expense/Expenditure Summaries ........................................................................4 Enterprise Fund Summary of Revenues and Expenses .............................................................5 Service Levels ...............................................................................................................................6 FY08 Bus Operating Statistics.....................................................................................................8 Fare Revenue .............................................................................................................................11 Enterprise Fund ......................................................................................................................... 12 Activity Based Bus Cost Model..................................................................................................14 Activity Based Orange Line Cost Model ...................................................................................16 Activity Based Blue Line Cost Model ........................................................................................17 Activity Based Green Line Cost Model .....................................................................................18 Activity Based Gold Line Cost Model........................................................................................19 Activity Based Heavy Rail Cost Model ......................................................................................20 Modal Operating Statistics ........................................................................................................22 Capital Program Project List .....................................................................................................24 Governmental Funds.................................................................................................................28 Special Revenue Funds..............................................................................................................30 Regional Programs .................................................................................................................... 32 Fund Balances............................................................................................................................34 FY08 LACMTA Financial Organization Chart .........................................................................35 Summary of Budgeted FTEs ..................................................................................................... 36 Metro Summary FTE & Expenditures Budget..........................................................................38 FY08 Debt Service Schedule...................................................................................................... 40 Propositions A & C, and TDA ...................................................................................................42 Summary of Revenue & Carryover by Source ..........................................................................44 Public Transportation Services Corporation ............................................................................46 Agency Fund ..............................................................................................................................48 Service Authority for Freeway Emergencies.............................................................................50 Exposition Metro Line Construction Authority ........................................................................ 52
Proposed FY08 Budget Book
Table of Contents • i
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
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ii •Table of Contents
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Budget Highlights Metro Bus and Metro Rail Operations
Metro Bus and Metro Rail Capital Program
The Enterprise Fund includes 7.8 million Metro Bus and Metro Orange Line revenue service hours and 651,000 Metro Rail revenue service hours. Budget highlights are the following:
The FY08 annual expenditure for the capital program is budgeted at $477.6 million for Metro and $167.6 million for Exposition Line Phase I. The program includes major construction projects as well as bus and rail infrastructure projects. Capital program highlights are the following:
• Increase bus service by 21,213 hours to reflect the same number of bus runs as FY07 but at a lower average mile per hour. • No significant changes to rail service hours. • Increase hours of service on the Metro Orange Line to accommodate an increase in passengers. • Implement first phase of Metro Connections. • Improve transit security through implementation of Homeland Security grants to provide security cameras at Metro bus divisions and the Gateway Center. • Implement five new Metro Rapid bus lines at the following locations: - West Olympic Blvd. - Atlantic Blvd. - San Fernando Rd./Lankershim Blvd. - Garvey Ave./Cesar E Chavez Ave. - Manchester Blvd. • Continue participation in the “bridge” training program to address qualification gaps of potential bus operators. Funding in FY08 will be provided by partners Los Angeles Valley College, Wilshire Metro Work Source Center and Literacy at Work.
Proposed FY08 Budget
• Continue construction of the Metro Gold Line Eastside extension including construction of six at-grade stations, completion of the East Portal, and installation of track on the 101 Freeway over-crossing bridge and in the tunnel. Complete construction in 2009. • Facilitate construction of Phase I of the Exposition Line, including substantial project design completion, utilities relocation, trench excavation, corridor improvements and Blue Line tie-in construction. Complete Phase I construction in 2010. • Receive up to 24 P2550 light rail vehicles. • Continue improvements at Division 21 including construction of a heavy repair shop for light rail vehicles. • Begin preliminary work on building a Rail Operations Training Facility including identifying and acquiring a site. • Commence overhauling subway rail cars. • Procure 50 light rail vehicles for the Expo/Blue Line fleet by exercising option 1 on the P2550 rail car contact. • Purchase up to 100 articulated replacement buses.
Budget Highlights • 1
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
• Continue the bus preventive maintenance program with completion of up to 250 mid-life bus overhauls and 170 bus engine replacements. • Install new equipment in bus divisions 1, 3, 8 and 9 as part of a facilities renovation project. • Construct a new Materiel warehouse and a Facilities Maintenance shop/administrative facility at Bauchet Street to allow relocation from South Park facility. • Upgrade ATMS software and hardware.
Countywide Planning and Development
•
• •
•
Countywide Planning and Development programs and administers federal, state, and local transportation funds, prepares a financially constrained Transportation Improvement Plan (TIP), and plans and coordinates regional transportation services and infrastructure improvements. Budget highlights are the following:
•
• Conduct planning, design, development, and programming for new Metro Rapid lines. • Complete update of the Long Range Transportation Plan. • Review and make recommendations on federal, state and local legislative initiatives and policy issues (i.e. SAFETEA-LU, Proposition 42, SB 45, State Transportation Infrastructure Bonds etc); support federal, state and local legislative requests (e.g. FY2008 and FY2009 USDOT Appropriations). • Prepare and submit 2008 State Transportation Improvement Program request for funding for Los Angeles County. • Manage and administer FY08 Transit Fund Allocations for Cities and Transit
•
2 • Budget Highlights
•
Operators and program FY08 funding for Metrolink commuter rail services. Obtain Board approval of the 2007 Call for Projects Recertification/ Deobligation/ Extensions and execute necessary Letters of Agreement/Memorandum of Understandings (LOA/MOU) and amendments to existing agreements. Complete multi-county Goods Movement Action Plan. Conduct EIS/EIR for SR2 Southern Freeway terminus and transportation efficiency improvements to Glendale Blvd. Award contract to conduct EIR/EIS for I-710 corridor. Award contract to conduct Alternative Analysis for Westside Extension, Regional Connector, Eastside Gold Line Phase II Extension and Harbor Subdivision. Initiate Environmental Impact Report and Preliminary Engineering for the Canoga North/South Metro Orange Line Extension. Initiate Environmental Impact Statement/ Report for Crenshaw-Prairie Transit Corridor and release Request for Proposal (RFP) for Preliminary Engineering.
Other Highlights • Begin the implementation phase of the new automated fare collection system Transit Access Pass (TAP) which facilitates the collection of data for improved service planning. • Commence construction on six new joint development projects, enter into seven joint development agreements, and issue bids for development of Metro property to enliven Metro station environments by providing housing and services adjacent to Metro stations.
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
• Worker’s compensation and insurance expenses are capped at the FY07 level as a result of fewer controllable incidents and favorable negotiation of insurance contracts. • Fully implement the countywide Metro Vanpool Program to promote vanpool usage which results in less single occupant vehicle commutes. • Cross-promote Metro by partnering with outside businesses and organizations to advertise “Go Metro” in exchange for equivalent crosspromotional advertising. • Install new generation of bus stop signs and signage support infrastructure (such as grand pylons) at rail stations, bus stations and park/ride facilities, and construct information walls at rail and bus station entrances. • Provide real-time transit arrival information to riders via the Metro website "Trip Planner" and wireless devices which will include a "NexTrip" and "My Trip" service for web-enabled cellular phone users. • Complete a multi-agency Disadvantaged Business Enterprise (DBE) contracting disparity study to determine whether
Proposed FY08 Budget
Metro can resume the use of race conscious contracting goals.
Budget Assumptions • Fare revenues are forecast at $0.58 per boarding with a 0.3% increase in boardings from the FY07 forecast, with no fare change. • New sales tax revenues are forecast to be $1,797.9 million consistent with the 20-year historical average growth rate. • Salaries and wages increase 3.5% for employees in all labor groups (except for AFSCME at 3.1%). • Agency-wide budgeted full-time positions increase by 41 from 8,995 to 9,036. • Total expenditures/expenses grow $84.8 million or 2.79%. • Fuel expenditures decrease by $5 million consistent with the FY07 experience and the Board adopted CNG hedging program.
Budget Highlights • 3
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Funding and Expense/Expenditure Summaries Summary of Funding by Source (Dollars in millions) Sales Tax (1)
FY05 Actual
FY04 Actual
FY07 Budget
FY08 Proposed
66.8% $1,587.5
60.4% $1,436.6
56.0% $1,881.5
62% $1,960.4
64.3%
Federal, State, & Local Grants
377.2
16.6%
488.5
18.6%
702.8
27.4%
596.4
20%
629.8
20.6%
Passenger Fares & Advertising
233.4
10.3%
284.2
10.8%
297.8
11.6%
294.8
10%
304.7
10.0%
Net Proceeds from Financing
82.4
3.6%
185.6
7.1%
42.6
1.7%
193.3
6%
83.9
2.8%
61.0
2.7%
80.8
3.1%
85.3
3.3%
70.1
2%
72.0
2.4%
Other (2) Total Funding Sources
$1,514.0
FY06 Actual
$2,268.0 100.0% $2,626.7 100.0% $2,565.1 100.0% $3,036.1 100.0% $3,050.8 100.0%
Summary of Expenses/Expenditures by Program (Dollars in millions)
FY07 Budget
FY08 Proposed
$725.5 207.4 933.0
32.0% 9.1% 41.1%
$780.0 298.0 1,078.0
29.7% 11.3% 41.0%
$839.5 179.0 1,018.5
32.7% 7.0% 39.7%
$901.2 208.8 1,110.0
29.7% 6.9% 36.6%
$922.6 215.7 1,138.3
29.6% 6.9% 36.5%
Municipal Operator and Paratransit Programs (3) Countywide Bus Subtotal
240.9 1,173.9
10.6% 51.8%
260.4 1,338.4
9.9% 51.0%
242.2 1,260.7
9.4% 49.2%
241.4 1,351.5
8.0% 44.5%
254.0 1,392.3
8.1% 44.6%
Countywide Rail Metro Rail Operating Capital Major Rail Construction Metro Rail Subtotal
179.4 15.1 85.9 280.4
7.9% 0.7% 3.8% 12.4%
207.2 22.5 238.3 468.1
7.9% 0.9% 9.1% 17.8%
214.0 35.4 182.8 432.2
8.3% 1.4% 7.1% 16.8%
229.4 22.7 394.3 646.5
7.6% 0.7% 13.0% 21.3%
237.4 34.0 412.1 683.6
7.6% 1.1% 13.2% 21.9%
Metrolink Countywide Rail Subtotal
39.6 320.0
1.7% 14.1%
42.1 510.2
1.6% 19.4%
45.5 477.7
1.8% 18.6%
57.0 703.4
1.9% 23.2%
58.5 742.1
1.9% 23.8%
Sales tax return to local jurisdictions
249.6
11.0%
280.7
10.7%
288.3
11.2%
300.7
9.9%
301.6
9.7%
Streets and Highways
146.8
6.5%
138.7
5.3%
191.7
7.5%
291.0
9.6%
290.4
9.3%
Debt Service (4)
312.3
13.8%
286.9
10.9%
294.0
11.5%
305.6
10.1%
308.5
9.9%
65.4
2.9%
71.8
2.7%
52.8
2.1%
83.9
2.8%
85.9
2.8%
Total Expenditures (2) (3)
FY06 Actual
Countywide Bus Metro Bus Operating Capital Metro Bus Subtotal
Other Governmental
(1)
FY05 Actual
FY04 Actual
$2,268.0 100.0% $2,626.7 100.0% $2,565.1 100.0% $3,036.1 100.0% $3,120.9 100.0%
Sales tax revenues include the use of carryover balances. Primarily investment income and/or proceeds on lease/leaseback to service. ASI Paratransit: federal amounts included in prior years have been excluded in FY06, FY07 and FY08 because ASI will receive federal funds directly.
(4)
Includes principal liability payments and Benefit Assessment District debt payments, but excludes debt refunding and defeased lease. Proprietary fund includes principal payments of $16.3 million in FY04, $12.0 million in FY05, $12.0 million in FY06, $12.1 million in FY07 and $12.3 in FY08. Note: Totals may not add due to rounding.
4 • Funding and Expense/Expenditure Summaries
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Enterprise Fund Summary of Revenues and Expenses Statement of Revenues and Expenses For the Years Ending June 30, 2006, 2007 and 2008 (Amounts in millions)
1 2 3 4 5
FY06 Actual
Enterprise Fund Summary Operating revenues: Passenger fares Route subsidies Advertising Total operating revenues
$
9
Operating expenses: Operating General & administrative Operating expenses, excluding depreciation:
10
Operating loss
11
20
Operating subsidies and grants (other expenses): Local operating grants State operating grants Federal operating grants Interest revenues Net appreciation (decline) in fair value of investments Debt (expense) Gain (loss) on disposition of fixed assets Other revenue Total operating subsidies and grants (other expenses)
21
Gain (loss) before debt and capital items
22
6 7 8
280.6 $ 0.6 17.2 298.4 863.4 189.9 1,053.3
FY07 Budget
FY08 Proposed
278.5 $ 0.5 16.2 295.3 936.0 194.7 1,130.7
289.5 15.2 304.7 969.9 190.3 1,160.2
(754.9)
(835.5)
(855.5)
0.2 207.1 2.0 (3.2) 1.1 5.2 212.3
188.0 0.5 0.0 (14.3) 2.8 177.0
198.9 0.5 (14.1) 3.0 2.7 190.9
(542.6)
(658.5)
(664.6)
Debt service & capital grants / contributions:** Local Capital Debt service other revenues Proceeds from financing State - capital Federal - capital Total debt service & capital grants / contributions
1.8 2.7 (96.0) 190.3 260.0 358.8
3.7 90.1 234.7 189.3 517.8
17.8 2.3 83.9 197.0 171.3 472.3
Capital program: Operating capital Major construction Total capital program
186.5 200.0 386.5
218.4 408.9 627.3
236.9 428.5 665.4
38
Debt service expenses:* Interest expense Principal payments Services Total debt service expenses
157.3 108.8 2.7 268.8
152.3 111.9 2.4 266.5
146.2 121.2 2.2 269.5
39
Transfers In
840.7
1,034.5
1,057.1
40
Net surplus (deficit)
12 13 14 15 16 17 18 19
23 24 25 26 27 28 29 30 31 32 33 34 35 36 37
$
1.6 $
(0.0) $
(70.1)
* Excludes defeased leases and includes non-cash items. ** Reflects repayment of State TCRP funds.
Proposed FY08 Budget
Enterprise Fund Summary of Revenues and Expenses • 5
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Service Levels
Mode Bus
Rail
Local & Rapid Orange Line Contracted Svc Subtotal Bus Blue Line Green Line Gold Line Heavy Rail Subtotal Rail
Totals
Revenue Service Hours 7,121,003 101,561 550,011 7,772,575
Revenue Service Miles 87,161,883 1,619,412 7,628,790 96,410,085
Unlinked Passenger Trips 387,959,040 6,869,051 15,761,480 410,589,571
Passenger Miles 1,432,521,980 48,083,360 51,855,268 1,532,460,608
221,031 88,167 73,715 267,725 650,638 8,423,213
4,858,623 2,705,572 1,653,458 6,258,413 15,476,066 111,886,151
25,410,916 11,154,600 5,871,522 41,116,990 83,554,028 494,143,599
188,726,873 72,348,736 43,449,263 206,530,641 511,055,513 2,043,516,121
Revenue Service Miles $9.85 $12.80 $5.02 $9.52
Unlinked Passenger Trips $2.21 $3.02 $2.43 $2.24
Passenger Miles $0.60 $0.43 $0.74 $0.60
$13.74 $14.82 $25.23 $14.23 $15.36 $10.33
$2.63 $3.60 $7.10 $2.17 $2.84 $2.34
$0.35 $0.55 $0.96 $0.43 $0.47 $0.57
Cost Per Unit of Service
Local & Rapid Orange Line Contracted Svc Subtotal Bus
Revenue Service Hours $120.62 $204.08 $69.61 $118.10
Blue Line Green Line Gold Line Heavy Rail Subtotal Rail Combined Bus & Rail
$301.97 $454.87 $565.85 $332.73 $365.24 $137.19
Mode Bus
Rail
6 • Service Levels
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
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Proposed FY08 Budget
Service Levels • 7
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
FY08 Bus Operating Statistics Orange Line Boardings (000) Revenue Service Hours (000) Revenue Service Miles (000) Hub Miles (000) Boardings Per Revenue Service Hour Passenger Miles (000) Cost Per Revenue Service Hour Cost Per Passenger Mile Cost Per Boarding Subsidy Per Boarding Subsidy Per Passenger Mile Fare Recovery Ratio Fare Revenue per Boarding
San Fernando San Gabriel Valley Valley
6,869 102 1,619 1,775 67.6 48,083
59,643 1,274 17,528 21,410 46.8 201,336
$204.08 $0.43 $3.02 $2.43 $0.35 19.2% $0.58
$101.98 $0.65 $2.18 $1.55 $0.46 26.6% $0.58
66,984 1,451 17,875 21,178 46.2 251,191 $97.88 $0.57 $2.12 $1.50 $0.40 27.4% $0.58
Gateway Cities 80,072 1,307 14,358 17,864 61.3 300,270 $101.53 $0.44 $1.66 $1.04 $0.28 35.3% $0.58
* Systemwide statistics include bus operating expenses from support activities not assigned directly to sector management, such as in Central Maintenance, Central Control & Instruction, Facilities, and Adminstrative Support.
sector systemwide
Cost per Revenue Service Hour $250.00 $200.00 $150.00 $100.00 $50.00 $0.00 Orange Line
San Fernando Valley
8 • FY08 Bus Operating Statistics
San Gabriel Valley
Gateway
South Bay
Westside / Central
Contract Services
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
South Bay
Westside/ Central
Contract Services
Boardings (000) Revenue Service Hours (000) Revenue Service Miles (000) Hub Miles (000) Boardings Per Revenue Service Hour Passenger Miles (000)
90,589 1,463 18,119 22,593 61.9 339,708
90,671 1,627 19,281 23,653 55.7 340,017
15,761 550 7,629 9,576 28.7 51,855
Cost Per Revenue Service Hour Cost Per Passenger Mile Cost Per Boarding Subsidy Per Boarding Subsidy Per Passenger Mile Fare Recovery Ratio Fare Revenue per Boarding
$102.36 $0.44 $1.65 $1.04 $0.28 35.1% $0.58
$101.83 $0.49 $1.83 $1.20 $0.32 32.0% $0.58
$69.61 $0.74 $2.43 $1.85 $0.56 23.9% $0.58
Systemwide
*
410,590 7,773 96,410 118,049 52.8 1,532,461 $118.10 $0.60 $2.24 $1.62 $0.43 26.0% $0.58
sector systemwide
Subsidy per Boarding $3.00 $2.50 $2.00 $1.50 $1.00 $0.50 $0.00 Orange Line
Proposed FY08 Budget
San Fernando Valley
San Gabriel Valley
Gateway
South Bay
Westside / Central
Contract Services
FY08 Bus Operating Statistics • 9
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Bus Revenue Service Hours Orange Line 1%
Contract Services 7%
San Fernando Valley 16%
Westside / Central 21%
South Bay 19%
Gateway 17%
San Gabriel Valley 19%
Bus Boardings by Sectors
Westside / Central 22%
Contract Services 4%
South Bay 21%
10 • FY08 Bus Operating Statistics
Orange Line 2%
Gateway 20%
San Fernando Valley 15%
San Gabriel Valley 16%
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Fare Revenue The chart below depicts actual passenger fare revenue received in FY04 through FY06, plus budgeted receipts for FY07 and FY08. In FY04, a 35-day strike partially offset by a fare restructuring resulted in a 10% drop in fare revenue. As a consequence of the fare restructuring and uninterrupted service, FY05 fare revenue
shows growth over FY04. Fare revenue in FY08 is projected to grow by 4% due to increased boardings. Fare revenue is allocated among modes and lines according to ridership estimates for each line.
Fare Revenue (in millions) $269
$279
$279
$290
$222
$300 $225 $150 $75 $0
FY04
FY05
FY06
FY07
FY08
Fiscal Year
Fare Revenue by Mode
The chart below illustrates the estimated FY08 fare revenue by mode. As shown on Orange Line Light Rail Heavy Rail Bus
Heavy Rail 8.9%
Proposed FY08 Budget
the graph, most of Metro's fare revenue is attributed to bus operations.
Fare Revenue by Mode (%) Bus 81.2%
Orange Line 1.4% Light Rail 8.5%
Fare Revenue • 11
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Enterprise Fund Statement of Revenues and Expenses
For the Years Ending June 30, 2006, 2007 and 2008 (Amounts in millions)
Enterprise Fund by Mode 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49
Operating revenues: Passenger fares Route subsidies Advertising Total operating revenues
Bus Rapid Transit FY06 FY07 FY08 Actual Budget Proposed $
1.4 $ 1.4
3.0 $ 0.1 3.1
FY06 Actual
Bus FY07 Budget
FY08 Proposed
4.0 $ 232.5 $ 226.0 $ 0.6 0.5 0.0 17.2 16.1 4.0 250.3 242.6
FY06 Actual
235.0 $ 14.9 249.9
Light Rail FY07 FY08 Budget Proposed
22.7 $ 22.7
24.7 $ 24.7
24.6 24.6
Operating expenses: Operating General & administrative Operating expenses, excluding depreciation:
10.2 1.5 11.7
17.8 2.5 20.2
18.6 2.1 20.7
696.2 129.3 825.5
738.3 139.7 878.0
753.9 143.7 897.6
97.9 38.7 136.6
111.7 32.1 143.8
121.4 27.2 148.6
Operating loss
(10.3)
(17.1)
(16.7)
(575.2)
(635.4)
(647.7)
(113.9)
(119.1)
(123.9)
Operating subsidies and grants (other expenses): Local operating grants State operating grants Federal operating grants Interest revenues Net (decline) in fair value of investments Debt (expense) Gain (loss) on disposition of fixed assets Other revenue Total operating subsidies and grants (other expenses)
7.8 7.8
13.1 0.0 0.0 13.1
12.7 0.0 12.7
0.1 153.2 2.0 (3.2) 1.1 5.1 158.3
125.1 0.5 (14.3) 2.6 113.9
139.8 0.5 (14.1) 3.0 2.6 131.7
38.3 0.1 38.4
30.1 0.1 30.1
27.2 0.1 27.3
Gain (loss) before debt and capital items
(2.5)
(4.0)
(4.0)
(416.9)
(521.5)
(516.0)
(75.5)
(89.0)
(96.7)
(63.2) 98.4 3.7 38.9
1.9 24.8 0.7 27.5
15.0 15.0
1.8 2.7 7.5 (0.2) 127.0 138.8
0.4 36.3 64.3 100.9
0.3 8.6 41.0 49.9
(36.7) 92.1 124.9 180.3
1.8 89.5 167.6 118.4 377.3
17.8 1.7 47.9 197.0 130.3 394.6
43.1 43.1
28.8 28.8
15.0 15.0
156.8 1.7 158.5
194.6 194.6
208.4 208.4
23.5 151.9 175.4
13.6 374.2 387.8
16.9 401.0 417.9
Debt service expenses:(2) Interest expense Principal payments Services Total debt service expenses
-
-
-
9.9 6.0 0.1 16.0
12.3 11.9 0.4 24.5
11.9 12.0 0.3 24.2
110.7 76.2 1.9 188.8
103.7 73.4 1.6 178.7
99.5 80.3 1.5 181.3
Transfers In
6.7
5.4
3.9
461.6
639.6
628.7
255.9
278.2
301.2
Debt service & capital grants / contributions:(1) Local Capital Debt service grants/other revenues Proceeds from financing State - capital Federal - capital Total debt service & capital grants / contributions Capital program: Operating capital Major construction Total capital program
Net surplus (deficit)
$
-
$
-
$
(0.1) $
9.0 $
-
$
(70.0) $
(3.5) $
-
$
(0.0)
(1) Excludes defeased leases and includes non-cash items Note: Totals may not add due to rounding
12 • Enterprise Fund
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
FY06 Actual 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49
$
$
Heavy Rail FY07 FY08 Budget Proposed
Non-Modal Regional FY06 FY07 FY08 Actual Budget Proposed
24.0 $ 24.0
24.8 $ 24.8
25.9 $ 0.3 26.2
-
57.0 20.4 77.4
65.4 20.5 85.9
71.7 17.4 89.1
2.1
2.8
4.2
2.1
2.8
4.2
(53.4)
(61.0)
(62.9)
(2.1)
(2.8)
(4.2)
7.8 7.8
19.8 0.1 19.9
19.2 0.1 19.2
-
-
-
(45.6)
(41.1)
(43.7)
(2.1)
(2.8)
(4.2)
(3.6) 4.4 0.8
0.2 6.0 5.9 12.2
0.2 12.5 12.7
-
-
6.2 3.3 9.5
10.2 6.0 16.2
11.6 12.5 24.0
-
36.7 26.6 0.7 64.0
36.2 26.6 0.4 63.2
34.7 28.9 0.4 64.0
114.1
108.5
119.0
(4.2) $
0.1 $
Proposed FY08 Budget
(0.0) $
$
-
$
-
FY06 Actual $
279.2 $ 0.6 17.2 297.0
863.4 189.9 1,053.3
Total FY07 Budget
FY08 Proposed
278.5 $ 0.5 16.2 295.3
936.0 194.7 1,130.7
289.5 15.2 304.7
969.9 190.3 1,160.2
(754.9)
(835.5)
(855.5)
0.1 207.1 2.0 (3.2) 1.1 5.2 212.3
188.0 0.5 0.0 (14.3) 2.8 177.0
198.9 0.5 (14.1) 3.0 2.7 190.9
(542.6)
(658.5)
(664.6)
-
1.8 2.7 (96.0) 190.3 260.0 358.8
3.7 90.1 234.7 189.3 517.8
17.8 2.3 83.9 197.0 171.3 472.3
-
-
186.5 200.0 386.5
218.4 408.9 627.3
236.9 428.5 665.4
-
-
-
157.3 108.8 2.7 268.8
152.3 111.9 2.4 266.5
146.2 121.2 2.2 269.5
2.4
2.8
4.2
840.7
1,034.5
1,057.1
0.3 $
-
$
0.0 $
1.6 $
-
$
(70.1)
Enterprise Fund • 13
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Activity Based Bus Cost Model
1 2 3 4 5 6 7 8
Activities Transportation Wages & Benefits Services Materials & Supplies Training Control Center Scheduling & Planning Sub-Total
FY07 Budget Dollars $/RSH $ 324,593,899 $ 55,996 $ 206,302 5,272,376 7,495,452 3,633,867 341,257,891
45.61 0.01 0.03 0.74 1.05 0.51 47.95
Division Maintenance Wages & Benefits Fuel Materials & Supplies Fueling Contractor Reimb. Services Sub-Total
106,992,220 59,280,846 39,669,732 (2,489,580) 430,770 203,883,989
15.03 8.33 5.57 (0.35) 0.06 28.65
RRC Regular Maintenance Wages & Benefits Materials & Supplies Maintenance Services Sub-Total
5,900,766 4,294,443 193,000 10,388,209
0.83 0.60 0.03 1.46
5,648,323 1,779,874 263,831 803,233 19,578 8,514,840
Other Maintenance Maintenance Support Non-Revenue Vehicles Facilities Maintenance Training Sub-Total Sub-Total Maintenance
FY08 Proposed Dollars $/RSH $
340,536,597 $ 55,996 $ 206,302 5,529,012 7,810,793 3,714,970 357,853,670
47.82 0.01 0.03 0.78 1.10 0.52 50.25
112,433,098 53,779,161 39,419,786 (2,342,843) 412,101 203,701,303
FY07 to FY08 Dollars $/RSH $
15,942,698 $ $ 256,637 315,341 81,102 16,595,779
2.21 (0.00) (0.00) 0.04 0.04 0.01 2.30
15.79 7.55 5.54 (0.33) 0.06 28.61
5,440,877 (5,501,686) (249,946) 146,737 (18,669) (182,686)
0.76 (0.78) (0.04) 0.02 (0.00) (0.04)
6,264,066 2,527,756 193,000 8,984,822
0.88 0.35 0.03 1.26
363,300 (1,766,688) (1,403,387)
0.05 (0.25) (0.00) (0.20)
0.79 0.25 0.04 0.11 0.00 1.20
4,973,634 1,941,591 165,873 659,721 19,578 7,760,397
0.70 0.27 0.02 0.09 0.00 1.09
(674,690) 161,717 (97,958) (143,512) (754,443)
(0.10) 0.02 0.01 (0.02) (0.00) (0.11)
17,007,626 4,910,969 31,892,292 1,628,995 55,439,882
2.39 0.69 4.48 0.23 7.79
17,359,829 5,143,081 34,936,187 1,679,464 59,118,560
2.44 0.72 4.91 0.24 8.30
$ 278,226,920 $
39.09
9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
RRC Preventive Maintenance Power Plant Assembly Accident Repair Wheelchair Lifts Painting Windows Sub-Total
31 32 33 34 35 36 37
352,202 232,112 3,043,895 50,469 3,678,678
0.05 0.03 0.42 0.01 0.51
1,338,162 $
0.17
38 39
$
279,565,081 $
39.26
$
40
Note: RSH = Revenue Service Hour
14 • Activity Based Bus Cost Model
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
41 42 43 44 45 46 47 48 49 50 51 52 53 54
Activities Other Operating Costs Transit Security General Managers Revenue Service Development Safety Casualty & Liability Workers' Comp Transitional Duty Program Utilities Other Metro Operations Building Costs Copy Services Sub-Total
FY07 Budget Dollars $/RSH 20,161,248 $ 13,822,839 13,289,183 5,794,802 1,830,983 47,047,986 47,866,059 2,226,965 6,102,736 2,360,178 7,586,457 985,205 169,074,639
2.83 1.94 1.87 0.81 0.26 6.61 6.73 0.31 0.86 0.33 1.07 0.14 23.76
FY08 Proposed Dollars $/RSH $
21,406,103 $ 13,767,907 16,815,451 6,956,287 1,731,479 55,958,756 38,441,479 2,498,517 7,170,469 2,598,331 7,728,522 1,089,671 176,162,972
3.01 1.93 2.36 0.98 0.24 7.86 5.40 0.35 1.01 0.36 1.09 0.15 24.74
FY07 to FY08 Dollars $/RSH $
1,244,855 $ (54,931) 3,526,268 1,161,485 (99,504) 8,910,771 (9,424,580) 271,551 1,067,733 238,154 142,065 104,467 7,088,333
0.17 (0.01) 0.49 0.16 (0.01) 1.25 (1.33) 0.04 0.15 0.03 0.02 0.01 0.98
(4,064,839)
(0.57)
20,957,434 4,091
2.88
55 56
Support Department Costs
49,425,154
6.94
45,360,315
6.37
837,984,604 7,116,912
117.75
858,942,038 7,121,003
120.62
35,585,306 1,558,883 527,113 37,671,302 550,285
64.67 2.83 0.96 68.46
36,180,862 1,653,361 451,181 38,285,405 550,011
65.78 3.01 0.82 69.61
57 58 59
Total Local & Rapid Revenue Service Hours
60 61 62 63 64 65 66
Purchased Transportation Contracted Service Security Administration Sub-Total Revenue Service Hours
595,556 94,479 (75,932) 614,103 (274)
1.12 0.17 (0.14) 1.15
21,571,537 $ 3,817
2.76
67 68 69
Total Excluding Debt Revenue Service Hours
875,655,906 $ 114.21 7,667,197
897,227,442 $ 116.96 7,671,014
70
Enterprise Fund Debt Interest Administration 73 74 Sub-Total 71 72
1,695,493 948,223 2,643,716
1,803,379 436,793 2,240,172
107,886 (511,430) (403,544)
75 76
Total Cost
Proposed FY08 Budget
$ 878,299,621
$
899,467,614
$
21,167,993
Activity Based Bus Cost Model • 15
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Activity Based Orange Line Cost Model 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37
Activities Transportation Wages & Benefits Control Center Sub-Total
FY07 Budget Dollars $/RSH $
FY08 Proposed Dollars $/RSH
FY07 to FY08 Dollars $/RSH
4,051,424 $ 243,190 4,294,614
48.14 2.89 51.03
$ 4,298,182 $ 246,872 4,545,055
42.32 2.43 44.75
Division Maintenance Wages & Benefits Fuel Materials & Supplies Fueling Contractor Reimb. Sub-Total
1,605,308 670,000 666,700 2,942,008
19.07 7.96 7.92 34.96
1,652,465 812,199 666,700 (85,603) 3,045,761
16.27 8.00 6.56 (0.84) 29.99
Other Maintenance Maintenance Support Non-Revenue Vehicles Facilities Maintenance Sub-Total
20,311 6,737 3,150,108 3,177,156
0.24 0.08 37.43 37.75
20,967 7,236 2,710,422 2,738,625
0.21 0.07 26.69 26.97
656 $ (0.03) 499 $ (0.01) (439,685) $ (10.74) (438,531) (10.78)
Sub-Total Maintenance
6,119,163
72.70
5,784,386
56.95
(334,778)
Other Operating Costs Transit Security General Managers Revenue Service Development Casualty & Liability Workers' Compensation Utilities Other Metro Operations Building Costs Copy Services Sub-Total
6,065,150 567,930 1,014,646 54,192 723,363 672,247 99,769 24,392 119,939 16,106 9,357,735
72.06 6.75 12.06 0.64 8.59 7.99 1.19 0.29 1.43 0.19 111.18
6,427,271 637,770 1,101,521 73,173 909,179 537,509 137,794 34,879 126,832 17,955 10,003,884
63.28 6.28 10.85 0.72 8.95 5.29 1.36 0.34 1.25 0.18 98.50
362,121 69,840 86,874 18,981 185,816 (134,738) 38,025 10,487 6,893 1,849 646,149
484,982
5.76
393,163
3.87
(91,819)
Support Department Costs Total Cost Total Revenue Service Hours
$ 20,256,495 $ 240.68 84,165
16 • Activity Based Orange Line Cost Model
$ 20,726,488 $ 204.08 101,561
$
$
246,758 $ 3,683 $ 250,441
(5.82) (0.46) (6.27)
47,157 $ 142,199 $ $ (85,603) 103,753
(2.80) 0.04 (1.36) (4.97)
(15.75)
$ $ $ $ $ $ $ $ $ $
(8.78) (0.47) (1.21) 0.08 0.36 (2.69) 0.17 0.05 (1.43) (0.01) (12.68) (1.89)
469,993 $ (36.60) 17,396
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Activity Based Blue Line Cost Model
1 2 3 4 5
FY07 Budget Dollars $/RSH
Activities Transportation Wages & Benefits Materials & Supplies Other Sub-Total
$9,268,441 $ 46,327 12,635 9,327,403
FY08 Proposed Dollars $/RSH
41.90 0.21 0.06 42.17
$9,508,181 $ 43.02 46,327 0.21 12,635 0.06 9,567,143 43.28
FY07 to FY08 Dollars $/RSH $
239,740 $ 239,740
1.12 0.00 0.00 1.12
6 7 8 9 10 11 12 13
Maintenance Vehicle Maintenance Wages & Benefits Materials & Supplies Other Services Sub-Total
10,739,287 3,937,322 4,134 40,821 14,721,565
48.55 17.80 0.02 0.18 66.55
11,117,209 3,908,453 4,134 40,821 15,070,618
50.30 17.68 0.02 0.18 68.18
377,922 (28,869) 349,053
1.75 (0.12) 0.00 0.00 1.63
Wayside Maintenance Wages & Benefits Materials & Supplies Services Propulsion Power Other Sub-Total
5,655,807 789,747 412,280 6,791,563 5,568 13,654,964
25.57 3.57 1.86 30.70 0.03 61.73
5,874,758 789,747 656,558 6,791,563 4,568 14,117,193
26.58 3.57 2.97 30.73 0.02 63.87
218,951 244,278 (1,000) 462,229
1.01 0.00 1.11 0.02 (0.00) 2.14
Other Maintenance Non-Revenue Vehicles Facilities Maintenance Sub-Total
321,346 1,357,456 1,678,802
1.45 6.14 7.59
314,529 1,457,325 1,771,854
1.42 6.59 8.02
(6,817) 99,869 93,052
(0.03) 0.46 0.43
Sub-Total Maintenance
30,055,332
135.88
30,959,665
140.07
904,333
4.19
Other Operating Costs Transit Security General Manager Revenue Service Development Safety Casualty & Liability Workers' Comp Utilities Other Metro Operations Building Costs Copy Services Sub-Total
11,610,718 479,839 1,221,674 232,682 306,325 962,661 1,580,512 687,193 183,678 339,759 68,190 17,673,231
52.49 2.17 5.52 1.05 1.38 4.35 7.15 3.11 0.83 1.54 0.31 79.90
12,366,084 608,439 1,363,634 474,528 389,269 3,292,247 1,237,052 1,045,572 22,191 364,781 54,884 21,218,681
55.95 2.75 6.17 2.15 1.76 14.89 5.60 4.73 0.10 1.65 0.25 96.00
755,366 128,600 141,960 241,846 82,944 2,329,585 (343,460) 358,379 (161,487) 25,022 (13,306) 3,545,450
3.46 0.58 0.65 1.09 0.38 10.54 (1.55) 1.62 (0.73) 0.11 (0.06) 16.10
5,177,067
23.40
4,999,030
22.62
(178,037)
(0.79)
$ 4,511,487 $ (166)
20.62
14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44
Support Department Costs
45 46 47
Total Cost Total Revenue Service Hours
Proposed FY08 Budget
$
62,233,033 $ 281.35 221,197
$
66,744,520 $ 301.97 221,031
Activity Based Blue Line Cost Model • 17
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Activity Based Green Line Cost Model
1 2 3 4 5
FY07 Budget Dollars $/RSH
Activities Transportation Wages & Benefits Materials & Supplies Other Sub-Total
8
73.07 0.49 0.14 73.71
9 10
59.61 18.37 0.04 0.57 78.58
5,071,255 1,670,995 3,174 50,821 6,796,246
57.52 18.95 0.04 0.58 77.08
(284,761) 20,584 (264,177)
(2.09) 0.58 0.00 0.01 (1.50)
11 12 13
Wayside Maintenance Wages & Benefits Materials & Supplies Services Propulsion Power Other Sub-Total
5,560,496 314,353 285,110 3,373,492 4,976 9,538,427
61.89 3.50 3.17 37.55 0.06 106.16
5,721,121 314,353 285,110 3,373,492 3,976 9,698,052
64.89 3.57 3.23 38.26 0.05 110.00
160,625 (1,000) 159,625
3.00 0.07 0.06 0.72 (0.01) 3.84
Other Maintenance Non-Revenue Vehicles Facilities Maintenance Sub-Total
314,256 1,909,049 2,223,305
3.50 21.25 24.74
314,529 1,945,422 2,259,952
3.57 22.07 25.63
273 36,374 36,647
0.07 0.82 0.89
Sub-Total Maintenance
18,822,155
209.48
18,754,249
212.71
(67,905)
3.23
Other Operating Costs Transit Security General Manager Revenue Service Development Safety Casualty & Liability Workers' Comp Utilities Other Metro Operations Building Costs Copy Services Sub-Total
6,229,228 454,071 1,127,847 192,725 297,699 387,029 1,053,969 483,745 129,300 240,541 48,002 10,644,155
69.33 5.05 12.55 2.14 3.31 4.31 11.73 5.38 1.44 2.68 0.53 118.47
6,613,810 580,263 1,219,763 273,057 372,892 196,305 809,337 641,836 106,827 248,993 37,467 11,100,550
75.01 6.58 13.83 3.10 4.23 2.23 9.18 7.28 1.21 2.82 0.42 125.90
384,582 126,192 91,916 80,332 75,193 (190,724) (244,632) 158,091 (22,473) 8,452 (10,535) 456,395
5.69 1.53 1.28 0.95 0.92 (2.08) (2.55) 1.90 (0.23) 0.15 (0.11) 7.44
3,741,384
41.64
3,563,667
40.42
(177,718)
(1.22)
Maintenance Vehicle Maintenance Wages & Benefits Materials & Supplies Other Services Sub-Total
$6,629,230 $ 75.19 44,319 0.50 12,635 0.14 6,686,184 75.84
FY07 to FY08 Dollars $/RSH
6,565,704 $ 44,319 12,635 6,622,658 5,356,016 1,650,412 3,174 50,821 7,060,424
6 7
FY08 Proposed Dollars $/RSH $
63,526.04 $ 63,526
2.12 0.01 0.00 2.13
14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44
Support Department Costs
45 46 47
Total Cost Total Revenue Service Hours
$
39,830,352 $ 443.30 89,850
18 • Activity Based Green Line Cost Model
$ 40,104,650 $ 454.87 88,167
$
274,298 $ (1,683)
11.57
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Activity Based Gold Line Cost Model
1 2 3 4 5
Activities Transportation Wages & Benefits Materials & Supplies Other Sub-Total
FY07 Budget Dollars $/RSH
FY08 Proposed Dollars $/RSH
$6,660,886 $ 86.92 50,832 0.66 41,981 0.55 6,753,698 88.13
$6,798,386 $ 50,832 41,981 6,891,198
92.23 0.69 0.57 93.48
FY07 to FY08 Dollars $/RSH $ 137,500.10 $ 137,500
5.31 0.03 0.02 5.35
6 7 8 9 10 11 12 13
Maintenance Vehicle Maintenance Wages & Benefits Materials & Supplies Other Services Sub-Total
5,073,428 1,037,812 3,174 30,819 6,145,234
66.20 13.54 0.04 0.40 80.19
4,994,935 1,062,268 3,174 30,819 6,091,197
67.76 14.41 0.04 0.42 82.63
(78,494) 24,457 (54,037)
1.56 0.87 0.00 0.02 2.44
Wayside Maintenance Wages & Benefits Materials & Supplies Services Propulsion Power Other Sub-Total
5,493,050 514,249 249,681 2,089,821 3,876 8,350,677
71.68 6.71 3.26 27.27 0.05 108.97
5,709,057 514,249 712,906 2,089,821 3,876 9,029,909
77.45 6.98 9.67 28.35 0.05 122.50
216,008 463,225 679,232
5.77 0.27 6.41 1.08 0.00 13.53
Other Maintenance Non-Revenue Vehicles Facilities Maintenance Sub-Total
313,723 1,422,117 1,735,840
4.09 18.56 22.65
314,529 1,457,970 1,772,499
4.27 19.78 24.05
806 35,853 36,659
0.17 1.22 1.39
Sub-Total Maintenance
16,231,750
211.81
16,893,605
229.17
661,855
17.36
Other Operating Costs Transit Security General Manager Revenue Service Development Safety Casualty & Liability Workers' Comp Utilities Other Metro Operations Building Costs Copy Services Sub-Total
8,716,625 480,627 1,113,252 189,725 344,573 1,050,279 1,020,656 468,446 125,212 227,629 46,484 13,783,509
113.75 6.27 14.53 2.48 4.50 13.71 13.32 6.11 1.63 2.97 0.61 179.86
9,284,674 606,660 1,253,530 363,590 372,941 549,607 803,183 743,785 89,227 247,740 37,359 14,352,295
125.95 8.23 17.01 4.93 5.06 7.46 10.90 10.09 1.21 3.36 0.51 194.70
568,049 126,032 140,278 173,865 28,367 (500,672) (217,473) 275,339 (35,985) 20,111 (9,124) 568,786
12.21 1.96 2.48 2.46 0.56 (6.25) (2.42) 3.98 (0.42) 0.39 (0.10) 14.84
4,954,289
64.65
3,574,207
48.49
(1,380,083)
(16.16)
14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44
Support Department Costs
45 46 47
Total Cost Total Revenue Service Hours
Proposed FY08 Budget
$ 41,723,246 $ 544.46 76,633
$ 41,711,305 $ 565.85 73,715
$
(11,942) $ 21.39 (2,918)
Activity Based Gold Line Cost Model • 19
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Activity Based Heavy Rail Cost Model
1 2 3 4 5
Activities Transportation Wages & Benefits Materials & Supplies Other Sub-Total
FY07 Budget Dollars $/RSH
FY08 Proposed Dollars $/RSH $ 9,139,584 $ 34.14 50,693 0.19 12,635 0.05 9,202,912 34.37
FY07 to FY08 Dollars $/RSH
$ 8,830,367 $ 50,693 12,635 8,893,695
32.97 0.19 0.05 33.21
$
309,217 $ 309,217
1.17 0.00 0.00 1.17
10,599,227 3,745,941 11,134 109,728 14,466,031
39.57 13.99 0.04 0.41 54.01
11,041,063 3,743,355 11,134 109,728 14,905,281
41.24 13.98 0.04 0.41 55.67
441,836 (2,586) 439,250
1.67 (0.00) 0.00 0.00 1.66
Wayside Maintenance Wages & Benefits Materials & Supplies Services Propulsion Power Other Sub-Total
12,892,645 1,068,541 1,081,242 9,238,600 37,480 24,318,508
48.14 3.99 4.04 34.49 0.14 90.80
13,707,894 1,068,541 1,146,182 9,238,600 7,480 25,168,697
51.20 3.99 4.28 34.51 0.03 94.01
815,249 64,940 (30,000) 850,189
3.06 0.00 0.24 0.01 (0.11) 3.21
Other Maintenance Non-Revenue Vehicles Facilities Maintenance Sub-Total
327,002 5,548,965 5,875,967
1.22 20.72 21.94
314,529 5,689,517 6,004,046
1.17 21.25 22.43
Sub-Total Maintenance
44,660,506
166.75
46,078,024
172.11
(12,473) 140,552 128,079 1,417,518
(0.05) 0.53 0.49 0.00 5.36
Other Operating Costs Transit Security General Manager Revenue Service Development Safety Casualty & Liability Workers' Comp Utilities Other Metro Operations Building Costs Copy Services Sub-Total
17,366,169 503,637 1,259,925 264,558 385,497 2,907,503 1,904,759 849,521 227,067 446,120 84,298 26,199,054
64.84 1.88 4.70 0.99 1.44 10.86 7.11 3.17 0.85 1.67 0.31 97.82
18,567,048 630,683 1,651,661 434,801 465,993 3,156,624 1,536,072 1,119,023 82,939 457,432 68,504 28,328,180
69.35 2.36 6.17 1.62 1.74 11.79 5.74 4.18 0.31 1.71 0.26 105.81
1,200,878 127,046 391,737 170,243 80,496 249,120 (368,687) 269,502 (144,129) 11,312 (15,793) 2,129,127
4.51 0.48 1.47 0.64 0.30 0.93 (1.37) 1.01 (0.54) 0.04 (0.06) 7.99
Support Department Costs
5,872,545
21.93
5,471,683
20.44
(400,862)
(1.49)
6 7 8 9 10 11 12 13
Maintenance Vehicle Maintenance Wages & Benefits Materials & Supplies Other Services Sub-Total
14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47
Total Cost Total Revenue Service Hours
20 • Activity Based Heavy Rail Cost Model
$ 85,625,799 $ 319.70 267,831
$ 89,080,799 $ 332.73 267,725
$ 3,454,999 $ 13.03 (106)
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
This page is intentionally left blank.
Proposed FY08 Budget
Activity Based Heavy Rail Cost Model • 21
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Modal Operating Statistics
1 2 3 4 5 6 7 8 9 10 11 12 13 14
Bus excluding Orange Line Fares ($000) Other Operating Revenue ($000) Expenses ($000) Boardings (000) Farebox Recovery Ratio Vehicle Service Hours (000) Cost Per Hour Cost Per Passenger Mile Vehicle Service Miles (000) Passenger Miles (000) Fare Revenue Per Boarding Subsidy Per Boarding Subsidy Per Passenger Mile Vehicles Operated
15 16 17 18 19 20 21 22 23 24 25 26 27 28
Orange Line Fares ($000) Other Operating Revenue ($000) Expenses ($000) Boardings (000) Farebox Recovery Ratio Vehicle Service Hours (000) Cost Per Hour Cost Per Passenger Mile Vehicle Service Miles (000) Passenger Miles (000) Fare Revenue Per Boarding Subsidy Per Boarding Subsidy Per Passenger Mile Vehicles Operated
22 • Modal Operating Statistics
Notes
(1)
$ $ $
(2) $ $ (2) (3) $ $ $
Notes
(1)
$ $ $
(2) $ $ (2) (3) $ $ $
FY06 Actual 231,545 17,681 825,312 397,408 28.1% 7,554 109.25 0.57 92,046 1,450,081 0.58 1.45 0.40 2,203
FY06 Actual 1,424 12,494 3,790 11.4% 56 223.52 0.51 891 24,637 0.38 2.92 0.45 21
$ $ $
$ $ $ $ $
$ $ $
$ $ $ $ $
FY07 Budget 225,983 16,631 875,656 381,113 25.8% 7,667 114.21 0.62 93,827 1,411,688 0.59 1.66 0.45 2,218
FY07 Budget 3,041 94 20,256 5,147 15.0% 84 240.68 0.56 1,342 36,028 0.59 3.33 0.48 21
$ $ $
$ $ $ $ $
$ $ $
$ $ $ $ $
FY08 Proposed 235,032 14,876 897,227 403,721 26.2% 7,671 116.96 0.60 94,791 1,484,377 0.58 1.60 0.44 2,208
Inc/(Dec) Budget $ 9,050 $ (1,755) $ 21,572 22,608 0.4% 4 $ 2.76 $ (0.02) 964 72,690 $ (0.01) $ (0.06) $ (0.01) (10)
FY08 Proposed 3,984 24 20,726 6,869 19.2% 102 204.08 0.43 1,619 48,083 0.58 2.43 0.35 28
Inc/(Dec) Budget $ 943 $ (70) $ 470 1,722 4.2% 17 $ (36.60) $ (0.13) 277 12,055 $ (0.01) $ (0.89) $ (0.13) 7
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Notes
29 30 31 32 33 34 35 36 37 38 39 40 41
Light Rail (4) Fares ($000) Other Revenue ($000) Expenses ($000) Boardings (000) Farebox Recovery Ratio Vehicle Service Hours (000) Cost Per Hour Cost Per Passenger Mile Vehicle Service Miles (000) Passenger Miles (000) Fare Revenue Per Boarding Subsidy Per Boarding Subsidy Per Passenger Mile
Notes
42 43 44 45 46 47 48 49 50 51 52 53 54
Heavy Rail (5) Fares ($000) Other Revenue ($000) Expenses ($000) Boardings (000) Farebox Recovery Ratio Vehicle Service Hours (000) Cost Per Hour Cost Per Passenger Mile Vehicle Service Miles (000) Passenger Miles (000) Fare Revenue Per Boarding Subsidy Per Boarding Subsidy Per Passenger Mile
(1)
$ $ $
(2) $ $ (2) (3) (3)
(1)
$ $ $
$ $ $
(2) $ $ (2) (3) (3)
$ $ $
FY06 Actual 22,656 135,657 42,021 16.7% 345 393.51 0.46 8,031 297,477 0.54 2.69 0.38
FY06 Actual 24,015 78,460 40,277 30.6% 256 306.03 0.41 5,856 193,020 0.60 1.35 0.28
$ $
$ $ $ $ $
$ $
$ $ $ $ $
FY07 Budget 24,685 143,787 41,778 17.2% 388 370.89 0.50 9,326 289,449 0.59 2.85 0.41
FY07 Budget 23,187 1,634 85,626 38,868 27.1% 268 319.70 0.47 6,296 183,467 0.59 1.56 0.33
$ $
$ $ $ $ $
$ $
$ $ $ $ $
FY08 Proposed 24,613 148,560 42,437 16.6% 383 387.97 0.49 9,218 304,525 0.58 2.92 0.41
Inc/(Dec) Budget $ (72) $ 4,774 659 -0.6% (5) $ 17.08 $ (0.01) (108) 15,076 $ (0.01) $ 0.07 $ (0.00)
FY08 Proposed 24,148 2,041 89,081 41,117 27.1% 268 332.73 0.43 6,258 206,531 0.58 1.53 0.30
Inc/(Dec) Budget $ 961 407 $ 3,455 2,249 0.0% $ 13.03 $ (0.04) (37) 23,063 $ (0.01) $ (0.03) $ (0.03)
(1) Expenses include Transitional Duty Program but exclude interest and debt administration. (2) Reflect revenue vehicle hours & miles. (3) Subsidy excludes all operating revenue. (4) Light Rail includes the Blue, Green and Gold Lines. (5) Heavy Rail includes the Red and Purple Lines.
Proposed FY08 Budget
Modal Operating Statistics • 23
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Capital Program Project List (Amounts in thousands) Project Title
CP#
Expected
FY09
Expenditures
and
of
Future
Project
Through FY07
FY08
Life New
1 Bus Acquisition 2
ATV Bus Purchase (Hybrid Vehicles)
200044
3
HCNG Demonstration Project
201033
4
CNG Articulated Buses, Option 2
201044
5 Bus Acquisition Total
$
4,295 1,144
$
130
$
177
107
$
4,603
7
1,258 92,289
-
86,428
5,439
86,666
184
-
86,428
Y
6 7 Bus Facilities Improvements 8
RRC General Building Modifications
202006
1,066
39
13
1,118
9
In-ground Bus Hoist Replacement
202007
8,118
163
-
8,281
10
Division 9 Transportation Facilities Improvements
202014
14,990
1,505
5
16,500
11
Temple & Beaudry Layover Facility
202016
1,448
220
23
1,692
12
Division 7 Facility Improvements
202017
4,323
764
12
5,100
13
El Monte Transit Station Enhancements
202021
106
7
3
115
14
FY08 UST Replacement
202027
-
1,315
-
1,315
Y
15
FY08 Bus Facility Contingency Projects
202037
-
2,503
-
2,503
Y
16
FY08 Bus Division Maintenance Equipment
202042
-
2,253
-
2,253
Y
17
FY08 Replace Bus Div. Emergency Generators
202047
-
1,859
-
1,859
Y
18
FY08 HVAC Replacement Program All Divisions
202062
-
1,288
-
1,288
Y
19
Articulated Bus Facility Modifications
202065
4,886
1,736
19
6,641
20
Division 1 Expansion
202066
11,491
77
6
11,574
21
Division 5, 10, & 18 Renovations
202181
18,127
172
33
18,333
22
In-ground Bus Hoist Replacement -- Phase II
202203
-
1,402
2,970
4,372
23
Articulated Bus Facility Modifications -- Phase II
202204
2,184
1,179
16
3,380
9,351
11,125
Y
24
ATMS Upgrade
202232
-
1,774
25
Division 18 Solar Energy Project
202237
-
5,000
26
Division 1, 3, 8, 9 and 15 Renovations (BOS)
202239
-
7,096
6,624
13,720
27
Bauchet Street Storage and Facilities Structure
202246
-
4,652
8,273
12,925
Y
28
Metro Orange Line Enhancement
202249
-
100
515
615
Y
66,740
35,105
27,863
129,708
29 Bus Facilities Improvements Total
(0)
Y
5,000 Y
30 31 Bus Maintenance 32
FY08 Bus Midlife Program
203005
-
29,500
-
29,500
Y
33
FY08 Replace Regional Rebuild Center Shop Equipment
203011
-
1,015
-
1,015
Y
34
FY08 RRC Engine Replacement Program
203015
-
11,000
-
11,000
Y
35 Bus Maintenance Total
-
41,515
-
41,515
36 37 IT/Communications 38
ITS Telecommunications Transmission Repl. Project
207010
1,343
3,245
4,953
9,541
39
FY08 Computer Equipment Technology Program
207024
-
2,104
-
2,104
Y
40
FY08 Financial/HR System Upgrades
207040
-
447
-
447
Y
41 IT/Communications Continued Next Page
24 • Capital Program Project List
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
(Amounts in thousands) Project Title
CP#
Expected
FY09
Expenditures
and
of
Future
Project
Through FY07
FY08
Life New
42 IT/Communications 43
Remote Storage for Disaster Recovery
207053
44
Transit Operator Activity Scheduling and Tracking
207061
45
Red Line Segment 1: PBX T-1 Trunk Route Retrofit
207078
46 IT/Communications Total
$
- $ 2,288
783 3,552
$
1,841
$
783
Y
7,681
-
519
-
519
3,631
10,650
6,794
21,075
Y
47 48 Non-Revenue Vehicles FY08 Bus System Replacement Non-Revenue Vehicles 49
208007
-
10,841
-
10,841
50
FY08 Rail Support Replacement Non-Revenue Vehicles
208017
-
4,636
-
4,636
Y
51
FY08 Rail Support Expansion Non-Revenue Vehicles
208022
-
2,042
-
2,042
Y
52 Non-Revenue Vehicles Total
-
17,519
-
Y
17,519
53 54 Other Capital Projects 55
Universal Fare Collection System
200225
82,768
13,363
1,476
97,607
56
Regional Service Center and Clearinghouse
200351
15,940
4,131
1
20,072
57
Gateway Headquarters Improvement Projects
210008
2,645
135
54
2,834
58
Replace Two Color Printing Press
210014
13
3,391
-
3,404
101,365
21,020
1,531
123,916
6,586
59 Other Capital Projects Total
Y
60 61 Rail Facilities Improvements 62
MRL Station Canopies
204006
1,434
313
4,839
63
Vermont/Santa Monica Sta. Underground Water Mitigation
204016
752
285
247
1,283
64
FY08 Rail Facility Improvements Contingency Projects
204031
-
1,500
-
1,500
65
MRL Segment 2 & 3 Station PLC and EMP Upgrade
204035
204
729
193
1,126
66
Division 22 Improvements - Phase II
204037
1,653
2,473
769
4,895
67
Division 20 Carwash & Cleaning Platform
204047
236
1,060
14,103
15,400
68
Division 21 Improvements - Phase II
204053
908
2,343
11,749
15,000
69
Division 20 Additional Vehicle Hoists
204054
1,001
904
2,345
4,250
70
Division 22 Paint Booth
204059
3
145
2
150
71
Rail Operations Training Facility
204068
-
449
17,151
17,600
Y
72
FY08 Rail Security Projects
204080
-
1,000
-
1,000
Y
6,190
11,200
51,399
68,790
73 Rail Facilities Improvements Total
Y
74 75 Rail Vehicle Maintenance 76
Breda Rail Car Retrofit
206004
1,825
517
-
2,342
77
P2000 Vehicle Signaling Package Upgrade
206005
829
963
1,572
3,364
78
FY08 Rail Facility Tools & Equipment
206029
-
431
-
431
2,654
1,911
1,572
6,137
79 Rail Vehicle Maintenance Total
Proposed FY08 Budget
Y
Capital Program Project List • 25
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Capital Program Project List (cont.) (Amounts in thousands) Project Title
CP#
Expected
FY09
Expenditures
and
of
Future
Project
Through FY07
FY08
Life New
80 Warehouse 81
Division 3 Replace Warehouse Facility
209027
82
Division 7 Warehousing Support - West Hollywood
209028
83 Warehouse Total
$
167
$
1,437
-
1,184
167
2,621
$
-
$
1,604 1,184
-
2,787
Y
84 85 Wayside Systems 86
Fiber Optic Rail Communication System
205001
1,280
724
1,007
3,011
87
Rail Security Improvements
205004
4,416
116
1,937
6,469
88
Rail Communications Systems Upgrade
205005
1,126
394
812
2,332
89
MBL Grade Crossing Improvements
205006
4,807
1,459
4,335
10,600
90
MBL Four-Quadrant Gate Program Expansion
205012
2,495
1,437
1,723
5,655
91
Light Rail Train Tracking Improvements
205014
513
400
43
956
92
MRL Segment 1 Remote Terminal Unit (RTU) Upgrade
205017
2,381
264
-
2,645
93
FY08 Wayside Systems Tools and Equipment
205021
-
365
-
365
Y
94
FY08 Wayside Systems Contingency Projects
205031
-
1,500
-
1,500
Y
95
Pasadena Gold Line Traction Power Substations
205034
6,918
1,521
262
8,701
23,936
8,180
10,117
42,234
210,124
236,387
99,461
545,972
96 Wayside Systems Total 97 Subtotal for Capital Program
26 • Capital Program Project List
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
(Amounts in thousands) Project Title
CP#
Expected
FY09
Expenditures
and
of
Future
Project
Through FY07
FY08
Life New
98 Major Construction* Subway Railcar Midlife Overhaul
206034
202,575
Y
100
99
Expo/Blue Line Light Rail Vehicle Procurement
206035
$
-
-
$
1,101
4,421
$
173,304
198,154
$
174,405
Y
101
Metro Gold Line Eastside Extension
800088
633,548
170,003
95,263
898,814
102
Orange Line
800112
271,179
10,821
31,000
313,000
103
SFV East-West Bikeway Project
800114
9,821
612
205
10,638
104
Canoga Station Park and Ride Project
800117
24,071
1,929
-
26,000
105
Lankershim Depot Restoration Project
800118
1,313
1,668
619
3,600
106
Light Rail Vehicle Fleet Enhancement
800151
91,586
22,608
38,725
152,919 22,000
107
MGL Eastside Extension Enhancements
800288
3,562
17,227
1,211
108
Pasadena Gold Line Closeout
809005
-
2,729
-
2,729
109
MRL Segment 2 Closeout
809081
7,620
7,172
515
15,307
110
MRL Segment 3 North Hollywood Closeout
809082
111 Major Construction Total 112 Capital Program Grand Total
$
2,185
883
571
3,639
1,044,884
241,174
539,568
1,825,626
1,255,008
$
477,561
$
639,029
$
Y
2,371,598
* Excludes Expo LRT. Metro participation in Project 800113 is reflected in the Expo LRT budget.
Proposed FY08 Budget
Capital Program Project List • 27
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Governmental Funds (Amounts in millions)
Governmental Funds 1
Governmental Funds General Fund Special Revenue Fund FY06 Actual
FY07 Budget
FY08 Proposed
FY06 Actual
FY07 Budget
Total
FY08 Proposed
FY06 Actual
FY07 Budget
FY08 Proposed
Revenue:
2
Sales tax
3
Intergovernmental grants
$1,739.0 $1,850.8 $ 26.1
49.6
1,797.9 $ 45.7
0.9
$
5.7
$
6.0
$1,739.0 $1,850.8 $ 27.0
55.2
1,797.9 51.7
4
Investment income
27.7
4.6
6.9
8.0
4.1
4.1
35.7
8.7
11.0
5
Net decline in fair value of investments
(2.4)
-
-
6
Lease and rental
-
-
7
Proceeds on lease/leaseback to service
-
-
7
Licenses and fines
7.7
7.0
8
Other
-
-
9
Total Revenues
(0.6)
-
-
(3.0)
-
-
12.7
10.3
14.6
12.7
10.3
14.6
-
-
-
-
-
-
-
7.0
0.5
0.5
0.5
8.2
7.5
7.5
2.7
21.5
21.4
2.7
21.5
21.4
24.2
42.1
46.5
1,822.3
1,954.1
1,904.0
1,798.1
1,912.0
1,857.5
710.8
815.5
841.1
0.2
0.0
-
711.0
815.5
841.1
60.3
91.5
80.6
5.5
14.8
15.1
65.8
106.3
95.7 1.5
10 11
Expenditures:
12
Subsidies
13
Services
14
Debt and interest expenditures
15
Interest and fiscal charges
-
-
-
1.5
1.5
1.5
1.5
1.5
16
Bond principal & commercial paper retirement
-
-
-
0.8
0.8
0.8
0.8
0.8
0.8
17
General and administrative
41.9
44.4
43.7
5.0
5.7
6.0
46.9
50.1
49.7
18
Total expenditures
813.0
951.4
965.4
13.0
22.8
23.4
826.0
974.2
988.8
87.5
92.1
120.5
98.2
19 20
Transfers In
21
Transfers (out)
22
Proceeds from Financing
(933.4) (1,123.5)
98.8 (1,153.3)
36.8
-
33.0
6.1
4.7
(24.4)
(5.3)
(4.0)
(957.7) (1,128.8)
103.5 (1,157.4)
-
36.8
-
23 24
Net change in fund balances
139.3
(34.0)
(163.1)
19.8
20.0
23.8
159.1
(13.9)
(139.3)
Fund balances - beginning of year
650.6
789.9
756.0
96.3
116.2
136.2
746.9
906.1
892.2
25 26 27 28
Fund balances - end of year
$ 789.9 $ 756.0 $
593.5 $ 116.2 $ 136.2 $
160.0 $ 906.1 $ 892.2 $
753.5
Note: Totals may not add due to rounding.
28 • Governmental Funds
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
This page is intentionally left blank.
Proposed FY08 Budget
Governmental Funds • 29
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Special Revenue Funds (Amounts in millions) Proposition A & C, TDA Administration
Special Revenue Funds 1
FY06 Actual
FY07 Budget
Proposition A
FY08 Proposed
FY06 Actual
FY07 Budget
Transportation Devel. Act
Proposition C
FY08 Proposed
FY06 Actual
FY07 Budget
FY08 Proposed
FY06 Actual
FY07 Budget
FY08 Proposed
Revenue:
2
Sales tax
3
Intergovernmental grants
3.2
2.9
4.5
-
-
-
16.5
27.7
25.4
4
Investment income
-
-
-
5.3
1.2
1.2
13.2
2.3
2.3
5
Net (decline) in fair value of investments
-
(1.7)
6
Licenses and fines
-
-
-
Other
-
-
-
-
-
-
-
-
-
-
-
3.2
2.9
4.5
673.8
668.7
695.4
697.6
697.6
722.1
344.4
338.8
353.4
7 8
$
-
$
-
-
Total revenues
$
-
-
$ 669.0 $ 667.5 $
-
(0.5) -
694.2 $ 669.0 $ 667.6 $
-
-
0.5
694.3 $ 338.7 $ 338.8 $
-
-
-
5.6
-
1.0
-
352.4
-
-
-
-
9 10
Expenditures:
11
Subsidies
-
0.1
0.9
248.3
243.7
253.8
346.1
435.8
447.4
97.7
109.3
113.8
12
Services
10.2
18.0
14.2
-
-
-
47.9
56.2
49.7
-
-
-
13
General and administrative
34.8
34.7
34.5
-
-
-
4.9
7.1
7.1
-
-
-
Total expenditures
45.0
52.8
49.6
248.3
243.7
253.8
398.9
499.1
504.2
97.7
109.3
113.8
16
Transfers In
44.7
49.4
54.4
-
-
-
42.7
41.9
43.6
-
17
Transfers Out
-
(1.8)
(2.2)
(395.8)
(354.1)
(560.9)
(271.7)
(345.9)
(253.9)
(218.3)
18
Proceeds from Financing
36.8
-
14 15
-
-
0.6 (247.2)
0.6 (264.1) -
19 20
Net change in fund balance
3.0
(2.3)
7.1
29.7
70.9
(119.4)
69.7
(68.8)
(3.0)
0.0
(2.3)
136.9
166.6
237.5
287.3
357.0
7.6
28.5
(17.0)
(23.9)
288.2
138.4
166.9
149.8
21 22
Fund balance - beginning of year
23 24
Fund balance - end of year
$
0.0 $
(2.3) $
4.8 $ 166.6 $ 237.5 $
118.2 $ 357.0 $ 288.2 $
295.8 $ 166.9 $ 149.8 $
126.0
* Other includes regional EZ Transit Pass Program, Regional Grantee - FTA, and MTA Sponsored CFP.
Note: Totals may not add due to rounding.
30 • Special Revenue Funds
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
State Transit Assistance FY06 Actual
FY07 Budget
SAFE
FY08 Proposed
FY06 Actual
Other*
FY07 Budget
FY08 Proposed
FY06 Actual
FY07 Budget
Total FY08 Proposed
FY06 Actual
FY07 Budget
FY08 Proposed
1 2
$
62.2 $ 176.9 $
57.1 $
-
$
-
$
-
$
-
$
3
-
-
-
-
-
-
6.3
4
2.2
0.4
1.7
1.4
0.7
0.7
-
5
-
-
-
(0.2)
-
-
-
$
-
$ 1,739.0 $ 1,850.8 $
1,797.9
19.0
15.7
26.1
49.6
45.7
-
-
27.7
4.6
6.9
(2.4)
-
-
-
-
-
6
-
-
-
7.7
7.0
7.0
-
-
-
7.7
7.0
7.0
7
-
-
-
-
-
-
-
-
-
-
-
-
64.4
177.3
58.7
8.9
7.7
7.7
6.3
19.0
15.7
1,798.1
1,912.0
1,857.5
9.4
11.3
-
8 9 10
-
-
4.1
17.2
13.9
710.8
815.5
841.1
12
14.6 -
-
-
2.3
15.7
15.0
0.0
1.6
1.7
60.3
91.5
80.6
13
-
-
-
1.8
2.2
1.6
0.4
0.4
0.4
41.9
44.4
43.7
11.3
4.1
17.9
16.7
4.5
19.2
16.0
813.0
951.4
965.4
11
14.6
14
9.4
15 16 17
-
-
-
(46.3)
(171.5)
(69.3)
-
-
-
0.1
0.2
0.2
(1.3)
(3.0)
(3.0)
-
-
-
(933.4)
-
-
36.8
-
-
18
-
87.5
92.1
98.8
(1,123.5)
(1,153.3)
19 20
3.5
(3.6)
(21.9)
3.5
(13.2)
(12.0)
1.9
(0.0)
0.0
139.3
(34.0)
(162.4)
62.1
65.6
62.0
29.0
32.5
19.3
(0.2)
1.8
1.8
650.6
789.9
755.9
65.6 $
62.0 $
40.1 $
32.5 $
19.3 $
1.8 $
1.8 $
789.9 $
755.9 $
593.5
21 22 23 24
$
Proposed FY08 Budget
7.4 $
1.8 $
Special Revenue Funds • 31
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Page Revised June 6, 2007
Regional Programs Metro provides funding directly to projects through grants of local funds or indirectly through allocated federal or state grants. Local funds consist mainly of Proposition A and Proposition C funds which are disbursed by Metro to agencies based on an approved spending plan. Federal and state grant funds are programmed or allocated by Metro and disbursed directly by the granting agency or disbursed by Metro to the grantee or recipient. The recipient agency is responsible for
administering and managing the federal or state grant. The FY08 budget for local funding commitments to the Call for Projects (CFP) reflects current year cash flow. Funding for all other local programs, including Municipal Operator programs, ASI, Proposition A Incentive, Local Return, and Metrolink, reflects the FY08 programmed amounts.
FY08 Proposed Budget Revenue Summary - Regional Subsidy Program Budget (Amounts in thousands)
`
1 2 3 4 5 6 7 8 9 10 11 12
Funding Category Prop A - Local Return 25% Prop A - Discretionary 95% of 40% Prop A - Incentive 5% of 40% Prop C - Local Return 20% Prop C - Security 5% Prop C - Commuter Rail 10% Prop C - Streets & Hwys 25% Prop C - Discretionary 40% Other (Federal, FAU Cash, & CMAQ) Other (EZ Pass) TDA STA Formula
13
Total
32 • Regional Programs
ADA/ Commuter Accessibility CFP Projects Other Local Rail & Funding & Programs Projects Intercity Program Rail $ $ 164,872 $ $ 218,235 186 18,132 136,772 32,977 7,958 58,212 160,832 103,775 28,070 5,350 9,405 5,367 8,500 343,498 27,768 45,560
Transit Operator Programs $
$
744,046
$
46,202
$
507,606
$
19,403
$ 58,212
Other Total Planning Subsidy Budget Projects 164,872 218,421 18,132 136,772 32,977 66,170 161,832 137,195 14,772 8,500 371,266 45,560
1,000
$ 1,000
$
1,376,469
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Page Revised June 6, 2007
Regional Subsidy Program Budget Detail FY08 Proposed Budget (Amounts in thousands)
FY06 Actual
Regional Fund Description
FY07 Budget
FY08 Proposed
1
2 Transit Operator Programs Formula Allocated Funds - other agencies 3 4 Transit Security 5 BSIP & MOSIP Programs (1) 6 Foorhill Mitigation 7 Transit Service Expansion 8 FY07 Fuel Inflation allocation 9 Base Bus Restructuring
$
Transit Operator Programs Total
10 11
12 ADA/Accessibility Funding Programs 13 ASI - Access Services, Inc. 14 Proposition A Incentive programs ADA Accessibility Funding 15
Programs Total
16 17 CFP Projects and Programs 18 Proposition A and C Local Return 19 Call for Projects & Rapid Bus 20 TDA Bikeways/Transit/Streets & Hwys Pgms CFP Projects and Programs Total 21 22 23 Other Local Projects 24 Immediate Needs 25 SHORE/General Relief Tokens 26 Regional Grantee-FTA 27 EZ Pass Program 28 Miscellaneous Other Local Projects Other Local Projects Total 29 30 31 Commuter Rail & Intercity Rail Programs 32 Metrolink (2) 33 Intercity Rail Commuter Rail & Intercity Rail Programs Total 34 35 36 Other Planning Projects 37 Other P&P Planning 38 Transit Planning 39 Pedestrian Bikeway Enhancements & Rideshare Svcs 40 Bus Speed Improvements on Van Nuys Blvd. 41 Pasadena MBL disbursement Other Planning Projects Total 42 43 44
Total Metro Funded Programs
$
504,531 $ 31,241 69,735 7,676 5,954 3,011
574,536 $ 30,195 29,576 7,114 6,282 6,000 3,289
607,736 32,977 83,701 9,827 6,436 3,369
622,148
656,992
744,046
24,177 10,379
25,059 13,149
28,070 18,132
34,556
38,208
46,202
288,264 127,099 18,268
300,730 177,666 25,617
301,644 178,194 27,768
433,631
504,013
507,606
5,015 1,050 3,859 14 -
5,000 1,050 9,739 7,500 -
5,000 350 5,367 8,500 186
9,938
23,289
19,403
45,303 25
52,277 25
58,187 25
45,328
52,302
58,212
13 221 -
65 40 -
1,000 -
234
105
1,000
1,145,835 $
1,274,908 $
1,376,469
NOTES: 1) BSIP/MOSIP funds for FY08 includes Metro MOSIP. 2) Commuter Rail & Intercity Rail for Metrolink ($3.7M includes Capital funds that were reflected in FY07 in the CFP Projects and Programs' category).
Proposed FY08 Budget
Regional Programs • 33
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Fund Balances For The Years Ending June 30, 2006, 2007, and 2008. (Amounts in millions)
1 2 3 4 5 6 7 8 9
FY07 Estimated
FY06 Actual
Fund Special Revenue Funds: Proposition A: Administration Local Return Rail Set Aside Discretionary Incentive Interest Proposition C: Administration Local Return Commuter Rail Discretionary Street & Highways Security Interest
$
4.7 $ 5.8 67.5 3.2 20.6 0.7
88.2 (1) 58.5 (1) 20.1 1.9
FY08 Estimated
$
34.0 (2) 15.2 3.1
1.8 4.9 50.2 105.9 192.7 6.7 (1.7)
39.3 72.3 68.3 8.8 0.7
Transportation Development Act: Administration Article 3 Article 4 Article 8 Interest
0.5 22.1 1.3 -
0.5 22.1 1.3 -
-
26
State Transit Assistance: Revenue Share Population Share Interest
12.8 8.7 -
13.9 9.2 -
1.3
27
SAFE
32.5
19.3
7.3
28
Prop. A, C, TDA Administration
-
0.9
4.8
30.3 37.5 0.5 0.2 0.2 2.5 1.4 43.9 -
17.8 37.5 0.5 0.3 1.4 1.4 49.6 15.3
982.4
982.4
10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
29 30 31 32 33 34 35 36 37 38 39 40
General Fund: Sales/leaseback Right-of-Way Lease HOV Fines Interest Employee Activities FAU Ridesharing General CNG Fuel Credits Other: Debt Service
41
Benefit Assessment Districts (6)
42
Pension Plans (Jointly Administered) (6) (1) (2) (3) (4) (5) (6) (7)
28.6 162.3 (3) 4.7 (4) 2.1
15.1 42.4 4.1 0.6 49.8 35.7 (5) 987.8
(7)
84.6
84.6
84.6
(7)
711.1
711.1
711.1
(7)
Swap in FY07 with STA windfall. Committed to capital rail rehabilitation program. $41.4 million committed to outstanding encumbrances. Proposed in FY08 budget for security reserve. Proposed in FY08 budget for bus operating reserve. FY06 ending balance used for budgeting purposes. Fully committed.
34 • Fund Balances
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
FY08 LACMTA Financial Organization Chart
LACMTA BOARD OF DIRECTORS
Board Secretary
Ethics Officer
County Counsel
CHIEF EXECUTIVE OFFICER
Inspector General
Board Relations, Policy & Research
ECONOMIC DEVELOPMENT
MANAGEMENT AUDIT SERVICES
FINANCIAL SERVICES
ADMINISTRATIVE SERVICES
New Business Development
Audit Support & Research Services
Office of Management & Budget
Information Technology Services
TAP Operations
Internal Audit
Finance & Treasury
Human Services
Real Estate Administration
Compliance Audit
Accounting
Procurement & Material Management
IT Audit
Risk Management
Diversity & Economic Opportunity
CONSTRUCTION PROJECT MANAGEMENT
TRANSIT OPERATIONS RAIL
TRANSIT OPERATIONS BUS
COUNTYWIDE PLANNING & DEVELOPMENT
COMMUNICATIONS
Capital Development
Wayside Systems
Operations Central Instruction
Long Range Planning & Coordination
Customer Communications
Project Support
Transportation
Manpower Systems & Support
Programming & Policy Analysis
Customer Relations
Project Administration
Fleet Services
Service Development Performance Analysis
Trans. Development & Implementation
Public Relations
Transit Systems Engineering
Safety & Security
Regional Communications Programs
Rail & Bus Operations Control
Facilities
Government Relations
Operations Labor Relations
Creative Services
Metro Bus Service Sectors
Customer Programs & Services
San Fernando Valley Service Sector
San Gabriel Valley Service Sector
Vehicle Technology
Central Maintenance
Gateway Cities Service Sector
Westside/Central Service Sector Motorist Services
South Bay Service Sector
Contract Services
* represents financial hierarchy, not necessarily reporting hierarchy
Proposed FY08 Budget
FY08 LACMTA Financial Organization Chart • 35
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Summary of Budgeted FTEs FY06 Budget 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47
FY07 Budget
FY08 Proposed
Metro Bus Operations San Fernando Valley Service Sector San Gabriel Valley Service Sector Gateway Cities Service Sector South Bay Service Sector West Side/Central Service Sector Contract Services Manpower-Transit Ops Operations Central Instruction Service Development Performance Analysis Safety And Transit Security Central Maintenance Vehicle And Systems Technology Facilities Motorist Services Operations Labor Relations Metro Bus Operations Total
1,071 961 1,027 1,206 1,371 4 17 80 80 114 328 32 159 9 7 6,466
1,117 1,073 1,033 1,178 1,308 4 17 82 62 111 335 33 159 9 13 6,534
1,118 1,072 1,038 1,173 1,310 4 16 83 59 111 372 32 153 8 13 6,562
Metro Rail Operations Wayside Systems Transportation Fleet Services Transit Systems Engineering Rail & Bus Operations Control Metro Rail Operations Total
385 329 330 45 86 1,174
388 336 346 28 87 1,185
388 337 345 28 87 1,185
26 30 48 104
26 31 57 114
25 31 58 114
Construction Project Management Capital Development Project Support Project Administration Construction Project Management Total
27 13 48 88
25 14 47 86
25 14 47 86
Communications Customer Communications Customer Relations Public Relations Regional Communications Program Government Relations Creative Services Customer Programs & Services Communications Total
30 103 18 16 6 14 28 215
30 103 18 18 6 14 28 217
37 103 19 15 7 14 28 223
Countywide Planning & Development Long Range Planning & Coordination Programming & Policy Analysis Trans Development & Implementation Countywide Planning & Development Total
36 • Summary of Budgeted FTEs
Change from FY07 1 (1) 5 (5) 2 (1) 1 (3) 37 (1) (6) (1) 28
1 (1) -
(1) 1 -
-
7 1 (3) 1 6
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
FY06 Budget 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87
FY07 Budget
FY08 Proposed
Change from FY07
Financial Services Office of Management & Budget Finance & Treasury Accounting Risk Management Financial Services Total
19 64 79 47 209
19 62 78 61 220
19 65 78 61 223
Administrative Services Information Technology Services Human Services Procurement & Material Management Diversity & Economic Opportunity Administrative Services Total
132 168 226 22 548
130 153 223 22 528
130 152 228 22 532
Economic Development New Business Development TAP Operations Real Estate Administration Economic Development Total
3 1 20 24
7 1 20 28
7 1 20 28
Management Audit Audit Support & Research Services Internal Audit Compliance Audit IT Audit Management Audit Total
13 5 8 4 30
7 10 7 4 28
8 9 6 5 28
-
Office of the Chief Executive Officer Board Relation, Policy, Research & Library Service Chief Executive Officer Office of the Chief Executive Officer Total
12 1 13
10 1 11
10 1 11
-
Board of Directors Board Secretary Ethics Office County Counsel Inspector General Board of Directors Total
12 7 4 23 46
11 7 4 23 45
11 7 4 23 45
-
8,917
8,996
9,037
Agency Total
Proposed FY08 Budget
3 3
(1) 5 4
-
1 (1) (1) 1
41
Summary of Budgeted FTEs • 37
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Metro Summary FTE & Expenditures Budget FTEs 1 2 3 4 5 6 7 8 9 10 11 12
Metro Bus Operations Metro Rail Operations Countywide Planning & Development Construction Project Management Communications Financial Services Administrative Services Economic Development Management Audit Office of the Chief Executive Officer Board of Directors Agency Total
FY06 Budget $ 6,466 $ 1,174 104 88 215 209 548 24 30 13 46 $ 8,917 $
Expenditures (Amounts in thousands) 13 14 15 16 17 18 19 20 21 22 23 24
Metro Bus Operations Metro Rail Operations Countywide Planning & Development Construction Project Management Communications Financial Services Administrative Services Economic Development Management Audit Office of the Chief Executive Officer Board of Directors Agency Total
$
$
Expenditure Types (Amounts in thousands) 25 26 27 28 29 30 31 32 33 34 35
Wages & Benefits Services Purchased Transportation Fuel, Lubricants & Propulsion Power Materials & Supplies Casualty & Liability Other Support Acquisitions Subsidies Debt Agency Total
$
$
FY07 FY08 Budget Proposed 6,534 $ 6,562 1,185 1,185 114 114 86 86 217 223 220 223 528 532 28 28 28 28 11 11 45 45 8,996 $ 9,037
FY06 FY07 FY08 Actual Budget Proposed 989,607 $ 1,110,818 $ 1,146,115 170,363 203,300 198,772 728,759 826,046 839,624 189,091 242,531 198,100 33,111 38,295 41,910 306,518 360,319 364,317 86,368 73,556 78,750 26,998 55,253 52,434 3,933 3,895 3,936 2,738 2,665 2,334 16,252 23,147 26,977 2,553,739 $ 2,939,826 $ 2,953,270 *
FY06 FY07 FY08 Actual Budget Proposed 771,114 $ 814,562 $ 837,185 193,150 264,605 257,918 33,587 35,585 36,181 73,857 85,323 80,519 92,641 88,046 104,476 47,672 49,449 60,840 37,547 44,126 50,973 306,301 439,766 380,104 729,781 821,891 841,248 268,090 296,473 303,827 2,553,739 $ 2,939,826 $ 2,953,270 *
*Excludes $167.6 million for Exposition Metro Line Construction Authority
38 • Metro Summary FTE & Expenditures Budget
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
This page is intentionally left blank.
Proposed FY08 Budget
Metro Summary FTE & Expenditures Budget • 39
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
FY08 Debt Service Schedule Budgeted Debt
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61
Principal Adjustments
Transaction Name 1991-B Refunding 1992-A Refunding 1996-A New Money 1997-A Refunding 1999-A Forward Refunding 1999-B New Money 1999-C Refunding 2001-A New Money 2001-B Refunding 2003-A Forward Refunding 2003-B Refunding 2005-A New Money 2005-B Refunding 2005-C Refunding 2007-A Refunding 1996 Refunding Prop A Commercial Paper Prop A Debt Sub-Total
Initial PAR Value 281,425,000 98,700,000 110,580,000 256,870,000 160,205,000 150,340,000 170,495,000 55,685,000 191,215,000 273,505,000 243,795,000 242,795,000 43,655,000 265,825,000 46,635,000 104,715,000 350,000,000 3,046,440,000
Principal Balance as of 6/30/07 65,510,000 61,200,000 54,495,000 140,255,000 29,255,000 167,870,000 15,425,000 178,420,000 238,625,000 243,795,000 238,345,000 43,655,000 265,825,000 46,635,000 109,948,000 1,899,258,000
1992-A New Money 1993-A Refunding 1995-A New Money 1998-A Refunding 1999-A New Money 2000-A New Money 2003-A Refunding 2003-B Refunding 2003-C Refunding 2004-A New Money 2006-A Refunding Prop C Commercial Paper Local Allocation -- City of Los Angeles Prop C Debt Sub-Total
516,855,000 204,095,000 250,000,000 219,710,000 124,805,000 161,995,000 94,840,000 170,775,000 221,850,000 176,345,000 129,385,000 150,000,000 21,700,000 2,442,355,000
13,450,000 195,650,000 13,655,000 219,710,000 108,650,000 22,045,000 68,835,000 168,075,000 214,850,000 171,035,000 129,385,000 77,254,000 4,340,000 1,406,934,000
-
-
-
-
-
-
-
-
13,450,000 1,185,000 6,630,000 2,915,000 3,245,000 8,945,000 375,000 1,625,000 3,290,000 385,000 2,825,000 2,170,000 47,040,000
2000 Breda Lease (Norwest) 2000 Breda Lease (CIBC) 2000 Breda Lease (Comerica) 2001 Agilent Lease 2001 Comerica Lease 2002 Textron Lease 2002 Philip Morris Lease 2002 First Hawaiian Lease 2003 Fleet Lease Capitalized Leases Debt Overhead Costs Other Debt Sub-Total
64,882,355 13,780,433 87,396,529 264,054,348 75,742,288 114,779,263 384,088,739 65,774,837 89,632,800 96,848,132 1,256,979,725
49,781,112 11,093,527 67,107,788 41,711,377 90,346,210 19,585,645 319,687,373 75,143,407 100,505,173 13,895,708 788,857,320
-
-
-
-
1,845,958 1,200,793 2,477,295 3,864,583 29,770,851 2,535,893 3,307,713 3,367,421 48,370,506
2005 Capital Grant Revenue Grant Revenue Debt Sub-Total
264,885,000 264,885,000
239,710,000 239,710,000
-
-
-
-
47,750,000 47,750,000
-
191,960,000 191,960,000
2003 Workers Comp 1996-A Refunding (USG) 2004-A Refunding (USG) General Revenue Debt Sub-Total
88,485,000 185,735,000 197,050,000 471,270,000
52,040,000 188,350,000 240,390,000
-
-
-
-
12,330,000 4,100,000 16,430,000
-
39,710,000 184,250,000 223,960,000
Enterprise Fund Debt Total
7,481,929,725
4,575,149,320
1993-A CRA Housing 2002-A CRA Redevelopment Refunding Prop A General Fund Debt Sub-Total
9,454,406 20,920,000 30,374,406
8,457,535 19,005,000 27,462,535
62
MTA Debt Total
7,512,304,130
4,602,611,855
63 64 65 66 67
1992-A Bnft Assmt. Dist. A1 2001-A Bnft Assmt. Dist. A1 Refunding 2001-A Bnft Assmt. Dist. A2 Refunding Agency Fund Sub-Total
154,055,000 42,465,000 6,705,000 203,225,000
18,905,000 41,560,000 3,175,000 63,640,000
68 69
Interim Commercial Paper Financing -
New New Financing Financing Cost -
-
-
-
-
-
Commer. Paper Refunding -
-
Total 7,715,529,130 4,666,251,855 Footnotes 1 - Debt service is paid from Prop A 35% Sales Tax Revenue and is to be reimbursed from net revenues of the project. 2 - Interest expense is calculated using a 3.75% interest rate. 3 - Interest expense is calculated using a 3.75% interest rate for tax-exempt notes and a 5.75% interest rate for taxable notes.
40 • FY08 Debt Service Schedule
-
Principal Payment FY08 12,450,000 11,900,000 4,770,000 7,735,000 2,825,000 505,000 1,135,000 75,000 12,080,000 5,515,000 4,770,000 1,350,000 5,698,000 70,808,000
230,398,506 234,932 590,000 824,932
-
231,223,438 18,905,000 180,000 1,020,000 20,105,000
-
251,328,438
Accreted Interest 2,777,017 6,510,114 1,281,259 16,776,056 4,952,560 6,812,579 39,109,585
39,109,585 39,109,585 39,109,585
Principal Balance as of 6/30/08 53,060,000 49,300,000 49,725,000 132,520,000 26,430,000 167,365,000 14,290,000 178,345,000 226,545,000 243,795,000 232,830,000 38,885,000 264,475,000 46,635,000 104,250,000 1,828,450,000 194,465,000 7,025,000 219,710,000 105,735,000 18,800,000 59,890,000 167,700,000 213,225,000 167,745,000 129,000,000 74,429,000 2,170,000 1,359,894,000 47,935,154 9,892,734 64,630,493 44,488,394 92,991,741 20,866,905 306,692,578 77,560,075 104,010,038 10,528,287 779,596,399
4,383,860,399 8,222,603 18,415,000 26,637,603 4,410,498,002 41,380,000 2,155,000 43,535,000 4,454,033,002
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Principal 12,450,000 11,900,000 4,770,000 7,735,000 2,825,000 505,000 1,135,000 75,000 12,080,000 5,515,000 4,770,000 1,350,000 5,698,000 70,808,000
Interest 3,448,900 2,888,980 16,000 6,714,488 1,263,799 8,270,448 623,381 9,357,425 10,602,794 11,308,950 11,403,781 1,944,250 9,201,383 2,329,650 4,123,050 83,497,279
Total D/S P&I 15,898,900 14,788,980 4,786,000 14,449,488 4,088,799 8,775,448 1,758,381 9,432,425 22,682,794 11,308,950 16,918,781 6,714,250 10,551,383 2,329,650 9,821,050 154,305,279
Misc. Fees* 15,000 320,000 61,314 436,600 9,500 246,141 9,500 153,799 9,500 (1,078,919) (659,280) (458,034) (421,605) 771,054 15,000 37,149 660,000 126,719
Total D/S Expense 15,913,900 15,108,980 61,314 5,222,600 14,458,988 4,334,940 8,784,948 1,912,180 9,441,925 21,603,875 10,649,670 16,460,747 6,292,645 11,322,437 2,344,650 37,149 10,481,050 154,431,998
Enterprise Fund 15,913,900 15,108,980 61,314 5,222,600 14,458,988 4,334,940 8,784,948 1,912,180 9,441,925 21,603,875 10,649,670 16,460,747 6,292,645 11,322,437 2,344,650 37,149 10,481,050 154,431,998
13,450,000 1,185,000 6,630,000 2,915,000 3,245,000 8,945,000 375,000 1,625,000 3,290,000 385,000 2,825,000 2,170,000 47,040,000
10,024,671 414,475 11,234,875 5,017,288 931,475 3,026,488 5,977,278 7,524,047 8,079,093 5,900,450 3,742,105 93,310 61,965,555
13,450,000 11,209,671 7,044,475 11,234,875 7,932,288 4,176,475 11,971,488 6,352,278 9,149,047 11,369,093 6,285,450 6,567,105 2,263,310 109,005,555
5,000 680,000 5,000 5,000 5,000 194,730 7,500 (384,105) 679,777 (162,991) (101,555) 346,500 1,279,856
13,455,000 11,889,671 7,049,475 11,239,875 7,937,288 4,371,205 11,978,988 5,968,173 9,828,824 11,206,102 6,183,895 6,913,605 2,263,310 110,285,411
13,455,000 11,889,671 7,049,475 11,239,875 7,937,288 4,371,205 11,978,988 5,968,173 9,828,824 11,206,102 6,183,895 6,913,605 2,263,310 110,285,411
1,845,958 1,200,793 2,477,295 3,864,583 29,770,851 2,535,893 3,307,713 3,367,421 48,370,506
1,394,840 819,383 1,881,932 -
446,701 4,542,856
3,240,798 2,020,175 4,359,227 3,864,583 29,770,851 2,535,893 3,307,713 3,814,122 52,913,362
750,000 750,000
3,240,798 2,020,175 4,359,227 3,864,583 29,770,851 2,535,893 3,307,713 3,814,122 750,000 53,663,362
47,750,000 47,750,000
7,862,888 7,862,888
55,612,888 55,612,888
(431,551) (431,551)
12,330,000 4,100,000 16,430,000
1,666,477 6,450,593 8,117,070
13,996,477 10,550,593 24,547,070
56 57 58 59 60 61
230,398,506
165,985,648
234,932 590,000 824,932
62 63 64 65 66 67 68 69
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55
General Fund -
Agency Fund -
-
-
-
-
-
-
-
-
3,240,798 2,020,175 4,359,227 3,864,583 29,770,851 2,535,893 3,307,713 3,814,122 750,000 53,663,362
-
-
55,181,337 55,181,337
55,181,337 55,181,337
-
-
146,402 495,596 620,808 1,262,806
14,142,879 495,596 11,171,401 25,809,876
14,142,879 495,596 11,171,401 25,809,876
-
-
396,384,154
2,987,830
399,371,984
399,371,984
486,056 953,039 1,439,095
720,988 1,543,039 2,264,027
1,000 1,000 2,000
721,988 1,544,039 2,266,027
231,223,438
167,424,743
398,648,181
2,989,830
401,638,011
18,905,000 180,000 1,020,000 20,105,000
557,698 1,607,575 106,425 2,271,698
19,462,698 1,787,575 1,126,425 22,376,698
9,500 157,596 46,057 213,153
19,472,198 1,945,171 1,172,482 22,589,851
251,328,438
169,696,441
421,024,879
3,202,983
424,227,862
399,371,984 399,371,984
721,988 1,544,039 2,266,027 2,266,027 2,266,027
Foot notes
2
3
4
6
-
1 1
19,472,198 1,945,171 1,172,482 22,589,851
5 5 5
22,589,851
4 - The interest expense budgeted for the 2005 Capital Grant Revenue Bonds is net of earnings from the Debt Service Reserve Fund. 5 - The Benefit Assessment District debt service is solely an obligation of the respective Districts and is paid from assessments levied within each district. 6 - Debt service for the 2004 Union Station Gateway bonds is treated as rent and is reimbursed to the Enterprise Fund through the overhead allocation process. * Includes amortized issuance costs, bond discounts & premiums.
Proposed FY08 Budget
FY08 Debt Service Schedule • 41
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Propositions A & C, and TDA Administration Expenditures and Funding REVENUE SOURCE
Project
Task Name
1
Beginning Fund Balance
2
Transfers Carryover
3 4
FY08 Proposed $
Prop A Administration -
(2,272,833) $
-
$
PPM (Planning and Programming Monitoring) & Other (1)
TDA Planning and Programming
TDA Administration
Total Allocation
- $
- $
- $ (2,272,833)
2,481,760
745,562
-
-
-
3,227,323
Revenues for the year - Actual
34,709,672
10,414,221
2,287,340
3,712,660
4,516,568
55,640,460
Available funds
34,918,599
11,159,783
2,287,340
3,712,660
4,516,568
56,594,950
-
22,247,236
-
$
Prop C Administration
5 6 7
100002-Governmental/Oversight General Oversight
8
Legal Expenses
9
Transportation Foundation
10
Treasury Oversight
11
Total Project 100002
22,247,236
22,247,236
190,000
190,000
-
-
-
-
1,952
1,952
-
-
-
-
-
-
-
1,952
206,585
206,585
-
-
-
-
206,585
22,645,773
22,645,773
-
-
-
-
22,645,773
190,000
12 13 100012-Prop A & C Audit 14 15
Prop A & C Audit Total Project 100012
51,280
25,640
25,640
-
-
-
51,280
51,280
25,640
25,640
-
-
-
51,280
16 17 100050-Administration-Special Revenue Planning 18 19
G&A Costs Total Project 100050
3,666,307
-
3,666,307
-
-
-
3,666,307
3,666,307
-
3,666,307
-
-
-
3,666,307
20 21 100060-Admin.-General Planning 22 23
G & A Costs Total Project 100060
8,035,526
5,511,529
2,523,997
-
-
-
8,035,526
8,035,526
5,511,529
2,523,997
-
-
-
8,035,526
24 25 400228-Regional Downtown Connector 26 27
Regional Downtown Connector Total Project 400228
367,239
-
-
-
367,239
-
367,239
367,239
-
-
-
367,239
-
367,239
28 29 400229-Harbor Subdivision AA 30
Harbor Subdivision AA
243,862
-
243,862
-
-
-
243,862
31
Total Project 400229
243,862
-
243,862
-
-
-
243,862
32 33 400231-DMU Tech Feasibility Study 34 35
DMU Tech Feasibility Study Total Project 400231
20,138
-
20,138
-
-
-
20,138
20,138
-
20,138
-
-
-
20,138
36 37 400232- Eastside Extension 38 39
Eastside Extension Total Project 400232
296,304
-
296,304
-
-
-
296,304
296,304
-
296,304
-
-
-
296,304
40 41 402130-Disparity Study-Contracting 42 43
Disparity Study-Contracting Total Project 402130
500,000
500,000
-
-
-
-
500,000
500,000
500,000
-
-
-
-
500,000
44 45 405510-Other Planning and Programming - Admin. 46
Consolidated Audit Services
498,246
134,073
134,073
230,099
-
-
498,246
47
Triennial Audit Management
496,771
-
-
496,771
-
-
496,771
14,076
-
14,076
-
-
-
14,076
188,598
94,299
94,299
-
-
-
188,598
48
HOV Administration
49
Prop A/C Administration
50
Grants Administration
988,169
-
-
500,548
-
487,621
988,169
51
TDA Article 3 & 8
119,393
-
-
119,393
-
-
119,393
52
TIP Administration
53
STIP PPM
915,219
-
-
-
-
915,219
915,219
1,089,851
-
-
-
-
1,089,851
1,089,851
54
Government Coordination / Outreach.
628,672
-
628,672
-
-
-
628,672
55
Bus System Improvements Plan
201,927
201,927
-
-
-
-
201,927
56
Station Planning/Joint Develop
226,116
-
226,116
-
-
-
226,116
57
Bike Parking Racks & Lockers
156,423
-
-
-
156,423
-
156,423
58
Art Program
170,291
-
170,291
-
-
-
170,291
59
Public Outreach
15,322
7,661
7,661
-
-
-
15,322
60
General Planning
1,041,822
-
-
-
1,041,822
-
1,041,822
61
General Commuter Program
62
Increase customer awareness Program
63
Total Project 405510
42 • Propositions A & C, and TDA
3,301 1,984,158 8,738,354
-
3,301
-
3,301
-
1,984,158
-
-
-
1,984,158
3,262,647
1,346,811
1,198,245
2,492,691
8,738,354
437,960
-
-
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
REVENUE SOURCE
64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121
Project Task Name 405511-Transit Planning - Admin. SHORE Program Support Long Range Plan Update Smart Shuttle Municipal Funding & Coordination. Admin. NTD Report - Local Cities Restructuring Study Bus Service Improvements Metro Rapid Bus (BSP) Bus Service Efficiency & Effectiveness Transit Planning Rapid Bus Planning (BRT) Research Railvolution ADA Compliance Research & Development Metro Access - South Bay - Pedestrian/Bicycle GIS Work for Planning Studies Total Project 405511
FY08 Proposed $
Prop A Administration
37,633 $ 1,476,849 11,825 338,830 235,502 515,315 438,621 416,225 282,608 650,660 10,000 27,360 37,064 86,302 37,866 450,726 5,053,386
Prop C Administration
- $ 11,825 112,943 67,789 438,621 334,073 965,251
TDA Administration
37,633 $ 112,943 11,413 515,315 416,225 27,360 1,120,889
PPM (Planning and Programming Monitoring) & Other (1)
TDA Planning and Programming
- $ 112,943 156,301 29,196 7,088 305,529
- $ 253,411 309,499 37,064 37,866 637,840
Total Allocation
- $ 37,633 1,476,849 1,476,849 11,825 338,830 235,502 515,315 438,621 416,225 282,608 650,660 10,000 10,000 27,360 37,064 86,302 86,302 37,866 450,726 450,726 2,023,877 5,053,386
405518-Red Line Westside Extension Red Line Westside Extension Total Project 405518
621,247 621,247
-
-
-
621,247 621,247
-
621,247 621,247
407001-SR91/I-605 Corridor SR91/I-605 Corridor Total Project 407001
250,000 250,000
-
-
-
250,000 250,000
-
250,000 250,000
55,000 55,000
-
-
-
55,000 55,000
-
55,000 55,000
407003-OCTA Partnership Improvement OCTA Partnership Improvement Total Project 407003
125,000 125,000
-
-
-
125,000 125,000
-
125,000 125,000
407004-I-10 South Master Plan I-10 South Master Plan Total Project 407004
120,000 120,000
-
-
-
120,000 120,000
-
120,000 120,000
407007-South Bay Goods Movement South Bay Goods Movement Total Project 407007
100,000 100,000
-
-
-
100,000 100,000
-
100,000 100,000
407008-Gateway COG Gateway COG Total Project 407008
238,089 238,089
-
-
-
238,089 238,089
-
238,089 238,089
410053-TDA Subsidy (SCAG & LA County Auditor/Controller) SCAG & LA County Auditor/Controller Total Project 410053
635,000 635,000
-
-
635,000 635,000
-
-
635,000 635,000
19,478 19,478
19,478 19,478
-
-
-
-
19,478 19,478
51,781,982
30,105,632
11,159,783
2,287,340
3,712,660
4,516,568
51,781,982
407002-South Bay Transit Corridor South Bay Transit Corridor Total Project 407002
609911-Transit Academy/TOPS TOP Total Project 609911 Total Expenditures/Allocations Remaining balance at June 30, 2008
$
- $
4,812,968 $
- $
- $
-
- $
- $ 4,812,968
(1) Other in PPM & Other Revenue Source is a $10,000 Planning Research-Rapid Bus, BRT Federal Grant.
Proposed FY08 Budget
Propositions A & C, and TDA • 43
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Summary of Revenue & Carryover by Source (Amounts in thousands) Revenue Source 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29
Sales Tax Revenues Proposition A Administration Local Return (25%) Rail - Set Aside (35%) Discretionary (95% of 40%) Incentive (5% of 40%) Total proposition A
Carryover
$
Proposition C Administration Local Return (20%) Security (5%) Commuter Rail (10%) Streets & Highways (25%) Discretionary (40%) Total proposition C Transportation Development Act - TDA Administration Article 3 - (2%) Article 4 - (92.68%) Article 8 - (5.32%) Total TDA State Transit Assistance - STA Revenue Share - PUC 99314 Population Share - PUC 99313 Total STA**
30 Total Sales Tax 31 32 Intergovernmental 33 Local Funds 34 City of LA. 35 Local* 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62
Total local funds State Funds State Regional STIP State Highway Account TCRP, AB 2928 (State Traffic Congestion Relief Program) STIP - PPM Freeway Service Patrol - State/Local Grant State - Homeland Security State Other Total state funds Federal Funds Federal Section 5309 [ 3 ] Capital - New Starts Federal Section 5309 [ 3 ] Fixed Guideways Federal Section 5309 [ 3 ] Bus Facilities Federal Section 5307 [ 9 ] Congestion Mitigation & Air Quality CMAQ Federal TEA Regional Surface Transp. Funds (RSTP) Federal STP Growing State Rail Prev. Maint. Sec. 5340 Federal Homeland Security Job Access Reverse Commute (JARC) S3035 New Freedoms S5316, S5317 Federal Other Total federal funds Total Intergovernmental Balance to following page
$
Fiscal Year 2006 Actual Total
Spent
2,245 $ 38,739 79,550 19,271 139,805
33,449 $ 158,884 222,437 241,503 12,711 668,984
35,694 $ 158,884 261,177 321,053 31,981 808,789
30,968 158,884 193,663 249,185 11,397 644,096
1,090 5,529 49,649 189,869 51,145 297,283
10,035 131,798 32,949 65,899 164,747 263,596 669,025
11,126 131,798 38,479 115,548 354,616 314,741 966,307
12,994 125,613 1,806 140,413
6,000 6,655 308,204 17,882 338,742
47,341 14,792 62,133 639,633
Carryover
$
Fiscal Year 2007 Budget Total
Programmed
4,726 $ 5,828 67,513 3,224 20,585 101,877
33,375 158,532 221,944 240,968 12,683 667,502
38,101 $ 164,360 289,458 244,192 33,267 769,379
35,677 164,360 201,212 155,668 13,149 570,066
9,290 131,798 31,783 65,573 178,715 208,881 626,040
1,836 4,855 6,696 50,227 192,692 105,860 362,167
10,014 131,515 32,879 65,757 164,393 263,029 667,587
11,850 136,370 39,575 115,985 357,085 280,193 941,057
6,000 19,649 433,817 19,689 479,154
6,000 1,523 289,051 16,745 313,320
29 478 22,119 1,297 23,924
6,000 6,656 308,100 18,068 338,825
34,378 27,867 62,245 1,738,995
81,719 42,659 124,378 2,378,628
37,920 23,034 60,954 1,644,410
12,760 8,698 21,458 509,425
-
5,438 1,325 6,763
5,438 1,325 6,763
-
175,998 -
5,438 1,325 6,763 175,998 -
175,998
Carryover
Programmed
209 $ 1 88,246 58,533 20,118 167,107
34,710 164,871 230,819 250,604 13,190 694,193
34,919 164,872 319,065 309,137 33,308 861,301
30,104 164,872 285,065 275,682 18,132 773,855
10,014 136,370 30,736 76,691 188,290 332,981 775,082
746 (1) 8,839 39,294 68,335 72,293 189,506
10,414 136,773 34,193 68,387 170,967 273,547 694,281
11,160 136,772 43,033 107,680 239,302 345,840 883,787
11,160 136,772 38,318 79,092 239,302 223,469 728,113
6,029 7,134 330,220 19,366 362,749 -
6,000 6,897 324,219 18,720 355,836
477 22,103 1,313 23,893
6,000 6,927 320,395 19,051 352,373
6,000 7,404 342,498 20,364 376,266
6,000 7,404 342,498 20,364 376,266
90,140 86,783 176,923 1,850,837
102,900 95,481 198,382 2,271,566
92,968 87,576 180,544 1,881,528
13,930 9,216 23,146 403,652
31,630 25,428 57,058 1,797,906
45,560 34,644 80,204 2,201,558
45,560 34,644 80,204 1,959,138
-
4,277 133 4,410
4,277 133 4,410
4,277 134 4,411
-
20,063 20,063
20,063 20,063
20,063 20,063
-
70,991 157
70,991 157
71,011 159
-
131,811 181
131,811 181
131,811 181
98,808
98,808
98,808
65,017
65,017
65,017
3,687
3,687
4,776
5,980
5,980
5,980
9,500
9,500
9,500
11,112
11,112
11,112
-
14,895
14,895
14,895
-
-
-
-
-
7,038
7,038
7,038
-
137 3,907 201,974
3,907 201,974 -
3,907 201,837
-
183,142
183,142
184,254
-
3,328 217,429
3,328 217,429
3,328 217,429
-
120,958
120,958
120,958
-
100,000
100,000
100,000
-
129,000
129,000
129,000
-
31,150
31,150
31,150
-
47,254
47,254
47,255
-
39,400
39,400
39,400
-
6,559
6,559
6,559
-
11,952
11,952
11,952
-
7,239
7,239
7,239
-
219,611
219,611
219,611
-
134,257
134,257
134,257
-
148,528
148,528
148,528
-
104,017
104,017
103,683
-
93,201
93,201
93,320
-
55,424
55,424
55,424
-
1,330
1,330
1,330
-
207
207
207
-
-
-
-
-
-
-
-
-
492
492
492
-
1,272
1,272
1,272
-
-
-
-
-
-
-
-
-
-
-
1,948
1,948
1,948
-
-
-
-
485,572 485,572 485,239 694,309 694,309 693,839 639,633 $ 2,433,304 $ 3,072,938 $ 2,338,249
44 • Summary of Revenue & Carryover by Source
-
$
Fiscal Year 2008 Budget Total
-
$
-
1,484
1,484
1,484
6,731
6,731
6,400
-
6,400
6,400
6,731
-
836
836
836
-
68
68
3,795
-
2,946
2,946
2,946
208 208 1,554 1,554 403,809 403,809 591,361 591,361 509,425 $ 2,442,198 $ 2,862,927 $
325 1,554 407,772 596,437 2,477,965
$
-
-
-
6,400
6,400
6,400
157 157 856 856 392,059 392,059 629,551 629,551 403,652 $ 2,427,457 $ 2,831,109 $
157 856 392,059 629,551 2,587,989
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
(Amounts in thousands) Revenue Source 63 Balance from previous page 64 Investment Income 65 Prop A Interest 66 Prop C Interest 67 TDA Interest 68 STA Interest 69 General Fund - Interest Revenue 70 Sales Leaseback 71 Right of way lease revenues 72 SAFE - Interest Revenue 73 FAU Cash Interest 74 Interest Earned on Debt Service Funds 75 Interest revenues Transit Operations 76 Interest Earned on Capital Projects
Carryover $
Fiscal Year 2006 Actual Total
Spent
639,633 $ 2,433,304 $ 3,072,938 $ 2,338,249
Carryover $
Fiscal Year 2007 Budget Total
509,425 $ 2,442,198 $ 2,951,623 $
Programmed 2,477,965
Carryover $
Fiscal Year 2008 Budget Total
Programmed
403,652 $ 2,427,457 $ 2,831,109 $
2,587,989
(2,868) (9,942) 1,806 -
4,760 11,513 5,644 2,188 2,198 2,135 2,575 1,245 360 10,169 (577) 7,826
1,892 1,571 7,451 2,188 2,198 2,135 2,575 1,245 360 10,169 (577) 7,826
772 2,608 2,024 -
713 (1,651) 185 -
1,200 2,342 400 2,500 600 800 685 150 -
1,913 692 400 2,685 600 800 685 150 -
400 685 150 -
1,913 692 -
1,200 2,342 1,000 1,688 2,500 600 800 700 150 500 -
3,113 3,034 1,000 1,688 2,500 600 800 700 150 500 -
912 1,000 400 700 500 -
(11,004) 26,881 28,982 13 28,995
50,036 12,509 7,663 494 8,158
39,032 39,390 36,645 507 37,152
5,404 4,426 5,384 4,378 9,761
(753) 37,540 32,511 529 33,040
8,677 10,325 7,000 500 7,500
7,924 47,865 39,511 1,029 40,540
1,235 10,354 20,205 500 20,705
2,604 37,511 19,306 529 19,835
11,480 11,550 7,000 500 7,500
14,085 49,061 26,306 1,029 27,335
3,512 9,680 18,967 1,029 19,996
-
2,134 422 170 184 2,129 5,039 1 -
-
-
-
-
-
22,768 (10) 39,055 61,812 6,264 1,344
24,902 411 170 184 41,184 66,851 6,265 1,344
(5,397) 581
333 (4,483) 4,378 -
30,300 185 43,911 74,395 2,543 1,446
569 20,953 21,522 -
30,300 753 64,864 95,917 2,543 1,446
3,757 468 4,225 1,121 -
17,806 286 64,864 82,956 1,422 1,446
69,420
21,241 5,282 31,562
21,241 5,282 100,982
21,241 4,941 26,076
78,384
22,983 8,073 52,577
22,983 8,073 130,961
22,984 8,073 36,404
85,824
1,500 1,513 749 217 40 20,400 24,419 240 22,853 9,078 56,589
1,500 1,513 17,806 1,035 217 40 85,264 107,375 1,422 1,446 240 22,853 9,078 142,413
2,700 469 3,169 1,422 1,446 240 22,853 9,078 38,207
-
277,382 481 3,190 17,200 298,253
277,382 481 3,190 17,200 298,253
277,382 621 3,190 17,200 298,393
-
275,880 2,650 16,225 294,755
275,880 2,650 16,225 294,755
275,880 2,650 16,225 294,755
-
286,603 2,915 15,200 304,718
286,603 2,915 15,200 304,718
286,603 2,915 15,200 304,718
458 455 1,713 1,085 2,724 6,435 6,435 2,840,258
458 455 1,713 1,085 2,724 6,435 6,435 3,594,182
458 455 1,713 1,085 2,724 6,435 6,435 2,688,745
530 550 439 750 1,011 500 3,780 3,780 2,819,812
530 550 439 750 1,011 500 3,780 3,780 3,388,753
530 550 439 750 1,011 500 3,780 3,780 2,845,198
530 550 450 650 3,000 500 5,680 5,680 2,824,975
530 550 450 650 3,000 500 5,680 5,680 3,374,401
530 550 450 650 3,000 500 5,680 5,680 2,970,483
Fund/ISF 77 Total investment income 78 Lease and Rental 79 SAFE 80 HOV Lanes Fines 81 Total license and fines 82 Other 83 General fund revenues 84 Parking Fees - USG Building 85 Joint Development 86 Sales Leaseback 87 Employee Activities 88 Miscellaneous other 89 Surplus Property 90 Cafeteria, Vending at station 91 General fund 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128
Total General Fund Revenues FAU Cash Ridesharing AQMD Benefit Assessment District EZ Pass Program Total other Operating revenues: Fare Box Revenues - Passenger fares Route subsidies - Hollywood shuttle Metrolink Advertising Total operating revenues Non-operating revenues Other: Bus Parts/Scrap Sales Filming Fees County Buy down Rental - Bldg/Other Proceeds from Sales of Surplus Property Miscellaneous Total other Total non-operating revenue Total Revenues Other financing Sources Proceeds from financing Proposition A Rail Bonds/CP Proposition A Disc Bonds/CP Proposition Commuter Rail Bond/CP Proposition C Discretionary Bonds/CP Proposition C St & Hwys Bonds/CP Bridge/FFGA Financing Bonds General Revenue Bond Total proceeds from financing Proceeds from refunding bonds Total other financing sources Total revenues and carryovers*** $
753,925
-
9,518 9,518 9,518 5,976 5,976 5,976 285 285 285 15,779 15,779 15,779 15,779 15,779 15,779 753,925 $ 2,856,037 $ 3,609,961 $ 2,704,524
657,636
$
57,001 57,001 8,536 8,536 11,998 11,998 25,409 25,409 73,310 73,310 15,669 15,669 1,302 1,302 193,225 193,225 193,225 193,225 657,636 $ 3,013,037 $ 3,670,675 $
57,003 8,541 12,005 25,418 73,334 15,715 1,304 193,321 193,321 3,038,518
549,426
-
$
19,570 19,570 3,831 3,831 60,413 60,413 135 135 83,948 83,948 83,948 83,948 549,426 $ 2,905,092 $ 3,454,518 $
NOTE: Intergovernmental funds are on reimbursement basis; therefore, no carryover balances are assumed. * Includes non-cash items ** State sales tax *** Includes non-cash items for debt $2,892,147.
Proposed FY08 Budget
Summary of Revenue & Carryover by Source • 45
-
19,570 3,831 60,413 135 83,948 83,948 3,053,731
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Public Transportation Services Corporation In December 1996, LACMTA created the Public Transportation Services Corporation (PTSC), a nonprofit public benefit corporation organized under the laws of the state. PTSC was created in order to transfer certain functions, currently performed by the LACMTA, and the employees related to those functions, to this new corporation. The PTSC conducts essential public transportation activities including but not limited to the following: (a) coordinates multi-modal multi-jurisdictional transportation planning, (b) programs Federal, state and local funds for transportation projects
46 • Public Transportation Services Corporation
county-wide within Los Angeles County, (c) oversees construction, (d) provides certain business services to the County’s Service Authority for Freeway Emergencies (SAFE) and the Southern California Regional Rail Authority (SCRRA), (e) provides security services to the operation of the Metro Bus and Rail systems, and (f) provides other activities and services as it deems necessary. One advantage of the PTSC is that it allows the employees of the corporation, including those transferred from the LACMTA, to participate in the California Public Employees Retirement System (PERS).
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Statement Of Revenues, Expenses and Changes in Retained Earnings For The Years Ending June 30, 2006, 2007 and 2008. (Amounts in millions)
PTSC Only 1 Revenue: 2 Reimbursement for support services 3 Total revenue 4 5 Operating expenses: 6 Salaries, wages & fringe 7 Services, leases, taxes & misc 8 Total expenses 9 10 Increase(decrease) in retained earnings 11 12 Retained earnings - beginning of year 13 14 Retained earnings - end of year
Proposed FY08 Budget
FY06 Actual $
$
171.7 171.7
FY07 Budget $
177.1 177.1
FY08 Proposed $
187.3 187.3
171.5 0.3 171.7
176.9 0.3 177.1
187.0 0.3 187.3
-
-
-
-
-
-
-
$
-
$
-
Public Transportation Services Corporation • 47
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Agency Fund The Agency Fund is used to report Benefit Assessment financial activity. A Benefit Assessment is a fee used to pay part or all of the cost of capital improvements enhancing the value of property receiving service from, or located near and benefiting from, those capital improvements. Metro’s Benefit Assessment is a levy on properties within one-half mile of downtown Metro Heavy Rail stations and one-third mile of the Westlake/ MacArthur Park Station. Metro’s Benefit Assessment Districts (BAD) A1 and A2 were created pursuant to a resolution adopted by the former Southern California Rapid Transit District’s Board of Directors on July 11, 1985 to pay for a portion of the construction costs of the Metro Heavy Rail Segment 1 stations. BAD A1 includes the
48 • Agency Fund
downtown area of Los Angeles. The boundary is set at one-half mile from the centers of the Metro Heavy Rail stations at Union, Civic Center, Pershing Square, and 7th Street Metro Center. BAD A2 includes the MacArthur Park area. The boundary is set at one-third mile from the center of the Westlake/MacArthur Park Station. The purpose of the BAD Program is threefold: (1) to ensure that assessments are levied at a rate high enough to repay the A1 and A2 Assessment Districts’ bonded indebtedness and administrative costs, (2) to implement the property owner appeals process, and (3) to maintain a current inventory of assessable properties. The A1 and A2 Districts’ bonds do not constitute an indebtedness of the Metro and are payable solely from payments received on assessments against the levied properties.
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Statement of Revenues, Expenditures and Changes in Fund Balances For the Years Ending June 30, 2006, 2007 and 2008
Benefit Assessment District
(Amounts in millions)
FY06 Actuals
Agency Fund 1
Revenue:
2
Other
3
$
Total revenues
FY07 Budget
FY08 Proposed
23.5 $
23.0 $
22.9
23.5
23.0
22.9
23.2
22.6
22.6
0.2
0.4
0.3
23.5
23.0
22.9
-
-
-
-
-
-
4 5
Expenditures:
6
Debt and interest expenditures
7
General and administrative
8
Total expenditures
9 10
Net change in fund balances
11 12
Fund balances - beginning of year
13 14
Fund balances - end of year
Proposed FY08 Budget
$
-
$
-
$
-
Agency Fund • 49
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Service Authority for Freeway Emergencies The Los Angeles County Service Authority for Freeway Emergencies (SAFE) was established in Los Angeles County in 1988. SAFE is a separate legal authority created under state law and is responsible for providing motorist aid services in Los Angeles County. SAFE currently operates, manages and/or funds: • • • •
The Los Angeles County Kenneth Hahn Call Box System #399 – Mobile Call Box program Metro Freeway Service Patrol (FSP) Big Rig Demonstration Project The expansion of the Metro Freeway Service Patrol.
In FY08, SAFE will continue the operation and management of the call box system and the #399 program. SAFE will also continue its funding of the Metro FSP Big Rig Demonstration Project and the expansion of the Metro FSP program. SAFE also plans on completing an evaluation of the entire call box system and obtaining authorization to proceed with implementing the recommendations
50 • Service Authority for Freeway Emergencies
regarding the placement and number of call boxes throughout the County. Another item on SAFE’s agenda for FY08 is the implementation of a new Motorist Aid and Traveler Information System (MATIS). This new system will consolidate all call center operations, provide Metro FSP fleet monitoring services and provide comprehensive traveler information services via the web and phone (511). SAFE plans on having a contract awarded during the first quarter of FY08 and will begin the operation of MATIS during the third quarter of FY08. Additionally, SAFE is in the process of updating all the analog call boxes to digital in accordance with the discontinuance of the availability of any analog signals beginning in 2008. SAFE receives its funding from a dedicated $1 surcharge assessed on each vehicle registered within Los Angeles County. SAFE’s annual budget is developed and approved separately from Metro’s budget by the SAFE Board of Directors.
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
(Amounts in millions) FY06 Actual
Service Authority for Freeway Emergencies 1
FY07 Budget
FY08 Proposed
Revenue:
2
Investment income
3 4
$
1.2 $
0.7 $
0.7
Licenses and fines
7.7
7.0
7.0
Other
0.0
-
-
8.9
7.7
7.7
5
Total revenues
6
Expenditures:
7
Services
2.3
15.7
15.0
8
General and administrative
1.8
2.2
1.6
4.1
17.9
16.7
4.9
(10.2)
(9.0)
9
Total expenditures
10
Excess (deficiency) of revenue over
11 12
expense before transfers Other Financing Sources (Uses)
13
Operating Transfers in
-
-
14
Operating Transfer (out)
(1.3)
(3.0)
(3.0)
15
Total other financing and sources (uses)
(1.3)
(3.0)
(3.0)
16
Fund balances - beginning of year
29.0
32.5
19.3
17
Fund balances - end of year
32.5 $
19.3 $
Proposed FY08 Budget
$
7.3
Service Authority for Freeway Emergencies • 51
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Exposition Metro Line Construction Authority The Exposition Metro Line Construction Authority was created by the State Legislature under Public Utilities Code Section 132600, et seq. for the purpose of awarding and overseeing final design and construction contracts for completion of the Los Angeles-Exposition Metro Line light rail project from the Metro Rail Station at 7th Street and Flower Street in the City of Los Angeles to the downtown of the City of Santa Monica.
are appointed as follows: 1) two members appointed by the City Councils of the Cities of Santa Monica and Culver City, 2) two members appointed by the Los Angeles County Board of Supervisors, 3) one member appointed by Metro, and 4) two members appointed by the City Council of the City of Los Angeles. The CEO of Metro also serves as an ex officio, non-voting member.
The Authority is governed by a board consisting of seven voting members, who
52 • Exposition Metro Line Construction Authority
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Statement of Revenues, Expenditures and Changes in Fund Balances For The Years Ending June 30, 2006, 2007, and 2008. (Amounts in millions) FY06 Actual
Exposition Metro Line Construction Authority 1
FY08 Proposed
Revenue: Reimbursement from Metro
2 3
FY07 Budget
$
Total revenue
20.2
$
121.1
$
173.9
20.2
121.1
173.9
3.7
6.6
7.2
4 5
Expenditures:
6
Expo & Metro Staff & Administration
7
Professional Services & Consultants
3.9
14.7
15.6
8
Real Estate Acquisition
1.7
20.3
18.3
9
Utility Relocation
10
Design/Build Contract
11
$
-
2.4
3.6
10.8
77.0
129.2
20.2
121.1
173.9
Increase(decrease) in retained earnings
-
-
-
Retained earnings - beginning of year
-
-
-
Total expenditures*
12 13 14 15 16 17
Retained earnings - end of year *
$
-
$
-
$
-
FY08 Proposed: Phase I is $167.6 million and Phase II is $6.3 million.
Proposed FY08 Budget
Exposition Metro Line Construction Authority • 53
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
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54 • Exposition Metro Line Construction Authority
Proposed FY08 Budget
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Office of Management and Budget One Gateway Plaza Los Angeles, CA 90012-2952
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Addendum to Proposed FY08 Budget A. Program an additional $32 million of fare revenues to fund bus and rail operating expenses as approved by the Board at the May 2007 meeting; B. Reduce rail funding by $5.2 million of Proposition C40% revenues and reprogram those revenues to CP#201044 FY08 CNG Articulated Bus Buy - $4 million and CP#200225 Universal Fare System - $1.2 million; C. Program an additional $4.1 million of advertising revenues to the bus operating budget and an additional $300,000 of advertising revenues to the rail operating budget as approved by the Board at the June 2007 meeting; D. Program $35 million of CNG fuel credits (FY07 actual allocation of $15 million and FY08 expected allocation of $20 million) from the General Fund balance to the bus operating budget; E. Program an additional $5 million of Proposition C40% revenues to the Immediate Needs program as approved by the Board at the May 2007 meeting; F. Decrease Metro Bus revenues by $1,146,284 in the Enterprise Fund and increase Subsidies to Others by $1,146,284 in the Special Revenue Fund to accommodate revised funding marks for Formula Allocation Procedure (FAP) adjustments made subsequent to printing the proposed budget book.
Proposed FY08 Budget
Addendum • A
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
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B • Addendum
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Table of Contents Budget Highlights .......................................................................................................................1 Funding and Expense/Expenditure Summaries ........................................................................4 Enterprise Fund Summary of Revenues and Expenses .............................................................5 Service Levels ...............................................................................................................................6 FY08 Bus Operating Statistics.....................................................................................................8 Fare Revenue .............................................................................................................................11 Enterprise Fund ......................................................................................................................... 12 Activity Based Bus Cost Model..................................................................................................14 Activity Based Orange Line Cost Model ...................................................................................16 Activity Based Blue Line Cost Model ........................................................................................17 Activity Based Green Line Cost Model .....................................................................................18 Activity Based Gold Line Cost Model........................................................................................19 Activity Based Heavy Rail Cost Model ......................................................................................20 Modal Operating Statistics ........................................................................................................22 Capital Program Project List .....................................................................................................24 Governmental Funds.................................................................................................................28 Special Revenue Funds..............................................................................................................30 Regional Programs .................................................................................................................... 32 Fund Balances............................................................................................................................34 FY08 LACMTA Financial Organization Chart .........................................................................35 Summary of Budgeted FTEs ..................................................................................................... 36 Metro Summary FTE & Expenditures Budget..........................................................................38 FY08 Debt Service Schedule...................................................................................................... 40 Propositions A & C, and TDA ...................................................................................................42 Summary of Revenue & Carryover by Source ..........................................................................44 Public Transportation Services Corporation ............................................................................46 Agency Fund ..............................................................................................................................48 Service Authority for Freeway Emergencies.............................................................................50 Exposition Metro Line Construction Authority ........................................................................ 52
Proposed FY08 Budget Book
Table of Contents • i
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
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ii •Table of Contents
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Budget Highlights Metro Bus and Metro Rail Operations
Metro Bus and Metro Rail Capital Program
The Enterprise Fund includes 7.8 million Metro Bus and Metro Orange Line revenue service hours and 651,000 Metro Rail revenue service hours. Budget highlights are the following:
The FY08 annual expenditure for the capital program is budgeted at $477.6 million for Metro and $167.6 million for Exposition Line Phase I. The program includes major construction projects as well as bus and rail infrastructure projects. Capital program highlights are the following:
• Increase bus service by 21,213 hours to reflect the same number of bus runs as FY07 but at a lower average mile per hour. • No significant changes to rail service hours. • Increase hours of service on the Metro Orange Line to accommodate an increase in passengers. • Implement first phase of Metro Connections. • Improve transit security through implementation of Homeland Security grants to provide security cameras at Metro bus divisions and the Gateway Center. • Implement five new Metro Rapid bus lines at the following locations: - West Olympic Blvd. - Atlantic Blvd. - San Fernando Rd./Lankershim Blvd. - Garvey Ave./Cesar E Chavez Ave. - Manchester Blvd. • Continue participation in the “bridge” training program to address qualification gaps of potential bus operators. Funding in FY08 will be provided by partners Los Angeles Valley College, Wilshire Metro Work Source Center and Literacy at Work.
Proposed FY08 Budget
• Continue construction of the Metro Gold Line Eastside extension including construction of six at-grade stations, completion of the East Portal, and installation of track on the 101 Freeway over-crossing bridge and in the tunnel. Complete construction in 2009. • Facilitate construction of Phase I of the Exposition Line, including substantial project design completion, utilities relocation, trench excavation, corridor improvements and Blue Line tie-in construction. Complete Phase I construction in 2010. • Receive up to 24 P2550 light rail vehicles. • Continue improvements at Division 21 including construction of a heavy repair shop for light rail vehicles. • Begin preliminary work on building a Rail Operations Training Facility including identifying and acquiring a site. • Commence overhauling subway rail cars. • Procure 50 light rail vehicles for the Expo/Blue Line fleet by exercising option 1 on the P2550 rail car contact. • Purchase up to 100 articulated replacement buses.
Budget Highlights • 1
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
• Continue the bus preventive maintenance program with completion of up to 250 mid-life bus overhauls and 170 bus engine replacements. • Install new equipment in bus divisions 1, 3, 8 and 9 as part of a facilities renovation project. • Construct a new Materiel warehouse and a Facilities Maintenance shop/administrative facility at Bauchet Street to allow relocation from South Park facility. • Upgrade ATMS software and hardware.
Countywide Planning and Development
•
• •
•
Countywide Planning and Development programs and administers federal, state, and local transportation funds, prepares a financially constrained Transportation Improvement Plan (TIP), and plans and coordinates regional transportation services and infrastructure improvements. Budget highlights are the following:
•
• Conduct planning, design, development, and programming for new Metro Rapid lines. • Complete update of the Long Range Transportation Plan. • Review and make recommendations on federal, state and local legislative initiatives and policy issues (i.e. SAFETEA-LU, Proposition 42, SB 45, State Transportation Infrastructure Bonds etc); support federal, state and local legislative requests (e.g. FY2008 and FY2009 USDOT Appropriations). • Prepare and submit 2008 State Transportation Improvement Program request for funding for Los Angeles County. • Manage and administer FY08 Transit Fund Allocations for Cities and Transit
•
2 • Budget Highlights
•
Operators and program FY08 funding for Metrolink commuter rail services. Obtain Board approval of the 2007 Call for Projects Recertification/ Deobligation/ Extensions and execute necessary Letters of Agreement/Memorandum of Understandings (LOA/MOU) and amendments to existing agreements. Complete multi-county Goods Movement Action Plan. Conduct EIS/EIR for SR2 Southern Freeway terminus and transportation efficiency improvements to Glendale Blvd. Award contract to conduct EIR/EIS for I-710 corridor. Award contract to conduct Alternative Analysis for Westside Extension, Regional Connector, Eastside Gold Line Phase II Extension and Harbor Subdivision. Initiate Environmental Impact Report and Preliminary Engineering for the Canoga North/South Metro Orange Line Extension. Initiate Environmental Impact Statement/ Report for Crenshaw-Prairie Transit Corridor and release Request for Proposal (RFP) for Preliminary Engineering.
Other Highlights • Begin the implementation phase of the new automated fare collection system Transit Access Pass (TAP) which facilitates the collection of data for improved service planning. • Commence construction on six new joint development projects, enter into seven joint development agreements, and issue bids for development of Metro property to enliven Metro station environments by providing housing and services adjacent to Metro stations.
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
• Worker’s compensation and insurance expenses are capped at the FY07 level as a result of fewer controllable incidents and favorable negotiation of insurance contracts. • Fully implement the countywide Metro Vanpool Program to promote vanpool usage which results in less single occupant vehicle commutes. • Cross-promote Metro by partnering with outside businesses and organizations to advertise “Go Metro” in exchange for equivalent crosspromotional advertising. • Install new generation of bus stop signs and signage support infrastructure (such as grand pylons) at rail stations, bus stations and park/ride facilities, and construct information walls at rail and bus station entrances. • Provide real-time transit arrival information to riders via the Metro website "Trip Planner" and wireless devices which will include a "NexTrip" and "My Trip" service for web-enabled cellular phone users. • Complete a multi-agency Disadvantaged Business Enterprise (DBE) contracting disparity study to determine whether
Proposed FY08 Budget
Metro can resume the use of race conscious contracting goals.
Budget Assumptions • Fare revenues are forecast at $0.58 per boarding with a 0.3% increase in boardings from the FY07 forecast, with no fare change. • New sales tax revenues are forecast to be $1,797.9 million consistent with the 20-year historical average growth rate. • Salaries and wages increase 3.5% for employees in all labor groups (except for AFSCME at 3.1%). • Agency-wide budgeted full-time positions increase by 41 from 8,995 to 9,036. • Total expenditures/expenses grow $84.8 million or 2.79%. • Fuel expenditures decrease by $5 million consistent with the FY07 experience and the Board adopted CNG hedging program.
Budget Highlights • 3
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Funding and Expense/Expenditure Summaries Summary of Funding by Source (Dollars in millions) Sales Tax (1)
FY05 Actual
FY04 Actual
FY07 Budget
FY08 Proposed
66.8% $1,587.5
60.4% $1,436.6
56.0% $1,881.5
62% $1,960.4
64.3%
Federal, State, & Local Grants
377.2
16.6%
488.5
18.6%
702.8
27.4%
596.4
20%
629.8
20.6%
Passenger Fares & Advertising
233.4
10.3%
284.2
10.8%
297.8
11.6%
294.8
10%
304.7
10.0%
Net Proceeds from Financing
82.4
3.6%
185.6
7.1%
42.6
1.7%
193.3
6%
83.9
2.8%
61.0
2.7%
80.8
3.1%
85.3
3.3%
70.1
2%
72.0
2.4%
Other (2) Total Funding Sources
$1,514.0
FY06 Actual
$2,268.0 100.0% $2,626.7 100.0% $2,565.1 100.0% $3,036.1 100.0% $3,050.8 100.0%
Summary of Expenses/Expenditures by Program (Dollars in millions)
FY07 Budget
FY08 Proposed
$725.5 207.4 933.0
32.0% 9.1% 41.1%
$780.0 298.0 1,078.0
29.7% 11.3% 41.0%
$839.5 179.0 1,018.5
32.7% 7.0% 39.7%
$901.2 208.8 1,110.0
29.7% 6.9% 36.6%
$922.6 215.7 1,138.3
29.6% 6.9% 36.5%
Municipal Operator and Paratransit Programs (3) Countywide Bus Subtotal
240.9 1,173.9
10.6% 51.8%
260.4 1,338.4
9.9% 51.0%
242.2 1,260.7
9.4% 49.2%
241.4 1,351.5
8.0% 44.5%
254.0 1,392.3
8.1% 44.6%
Countywide Rail Metro Rail Operating Capital Major Rail Construction Metro Rail Subtotal
179.4 15.1 85.9 280.4
7.9% 0.7% 3.8% 12.4%
207.2 22.5 238.3 468.1
7.9% 0.9% 9.1% 17.8%
214.0 35.4 182.8 432.2
8.3% 1.4% 7.1% 16.8%
229.4 22.7 394.3 646.5
7.6% 0.7% 13.0% 21.3%
237.4 34.0 412.1 683.6
7.6% 1.1% 13.2% 21.9%
Metrolink Countywide Rail Subtotal
39.6 320.0
1.7% 14.1%
42.1 510.2
1.6% 19.4%
45.5 477.7
1.8% 18.6%
57.0 703.4
1.9% 23.2%
58.5 742.1
1.9% 23.8%
Sales tax return to local jurisdictions
249.6
11.0%
280.7
10.7%
288.3
11.2%
300.7
9.9%
301.6
9.7%
Streets and Highways
146.8
6.5%
138.7
5.3%
191.7
7.5%
291.0
9.6%
290.4
9.3%
Debt Service (4)
312.3
13.8%
286.9
10.9%
294.0
11.5%
305.6
10.1%
308.5
9.9%
65.4
2.9%
71.8
2.7%
52.8
2.1%
83.9
2.8%
85.9
2.8%
Total Expenditures (2) (3)
FY06 Actual
Countywide Bus Metro Bus Operating Capital Metro Bus Subtotal
Other Governmental
(1)
FY05 Actual
FY04 Actual
$2,268.0 100.0% $2,626.7 100.0% $2,565.1 100.0% $3,036.1 100.0% $3,120.9 100.0%
Sales tax revenues include the use of carryover balances. Primarily investment income and/or proceeds on lease/leaseback to service. ASI Paratransit: federal amounts included in prior years have been excluded in FY06, FY07 and FY08 because ASI will receive federal funds directly.
(4)
Includes principal liability payments and Benefit Assessment District debt payments, but excludes debt refunding and defeased lease. Proprietary fund includes principal payments of $16.3 million in FY04, $12.0 million in FY05, $12.0 million in FY06, $12.1 million in FY07 and $12.3 in FY08. Note: Totals may not add due to rounding.
4 • Funding and Expense/Expenditure Summaries
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Enterprise Fund Summary of Revenues and Expenses Statement of Revenues and Expenses For the Years Ending June 30, 2006, 2007 and 2008 (Amounts in millions)
1 2 3 4 5
FY06 Actual
Enterprise Fund Summary Operating revenues: Passenger fares Route subsidies Advertising Total operating revenues
$
9
Operating expenses: Operating General & administrative Operating expenses, excluding depreciation:
10
Operating loss
11
20
Operating subsidies and grants (other expenses): Local operating grants State operating grants Federal operating grants Interest revenues Net appreciation (decline) in fair value of investments Debt (expense) Gain (loss) on disposition of fixed assets Other revenue Total operating subsidies and grants (other expenses)
21
Gain (loss) before debt and capital items
22
6 7 8
280.6 $ 0.6 17.2 298.4 863.4 189.9 1,053.3
FY07 Budget
FY08 Proposed
278.5 $ 0.5 16.2 295.3 936.0 194.7 1,130.7
289.5 15.2 304.7 969.9 190.3 1,160.2
(754.9)
(835.5)
(855.5)
0.2 207.1 2.0 (3.2) 1.1 5.2 212.3
188.0 0.5 0.0 (14.3) 2.8 177.0
198.9 0.5 (14.1) 3.0 2.7 190.9
(542.6)
(658.5)
(664.6)
Debt service & capital grants / contributions:** Local Capital Debt service other revenues Proceeds from financing State - capital Federal - capital Total debt service & capital grants / contributions
1.8 2.7 (96.0) 190.3 260.0 358.8
3.7 90.1 234.7 189.3 517.8
17.8 2.3 83.9 197.0 171.3 472.3
Capital program: Operating capital Major construction Total capital program
186.5 200.0 386.5
218.4 408.9 627.3
236.9 428.5 665.4
38
Debt service expenses:* Interest expense Principal payments Services Total debt service expenses
157.3 108.8 2.7 268.8
152.3 111.9 2.4 266.5
146.2 121.2 2.2 269.5
39
Transfers In
840.7
1,034.5
1,057.1
40
Net surplus (deficit)
12 13 14 15 16 17 18 19
23 24 25 26 27 28 29 30 31 32 33 34 35 36 37
$
1.6 $
(0.0) $
(70.1)
* Excludes defeased leases and includes non-cash items. ** Reflects repayment of State TCRP funds.
Proposed FY08 Budget
Enterprise Fund Summary of Revenues and Expenses • 5
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Service Levels
Mode Bus
Rail
Local & Rapid Orange Line Contracted Svc Subtotal Bus Blue Line Green Line Gold Line Heavy Rail Subtotal Rail
Totals
Revenue Service Hours 7,121,003 101,561 550,011 7,772,575
Revenue Service Miles 87,161,883 1,619,412 7,628,790 96,410,085
Unlinked Passenger Trips 387,959,040 6,869,051 15,761,480 410,589,571
Passenger Miles 1,432,521,980 48,083,360 51,855,268 1,532,460,608
221,031 88,167 73,715 267,725 650,638 8,423,213
4,858,623 2,705,572 1,653,458 6,258,413 15,476,066 111,886,151
25,410,916 11,154,600 5,871,522 41,116,990 83,554,028 494,143,599
188,726,873 72,348,736 43,449,263 206,530,641 511,055,513 2,043,516,121
Revenue Service Miles $9.85 $12.80 $5.02 $9.52
Unlinked Passenger Trips $2.21 $3.02 $2.43 $2.24
Passenger Miles $0.60 $0.43 $0.74 $0.60
$13.74 $14.82 $25.23 $14.23 $15.36 $10.33
$2.63 $3.60 $7.10 $2.17 $2.84 $2.34
$0.35 $0.55 $0.96 $0.43 $0.47 $0.57
Cost Per Unit of Service
Local & Rapid Orange Line Contracted Svc Subtotal Bus
Revenue Service Hours $120.62 $204.08 $69.61 $118.10
Blue Line Green Line Gold Line Heavy Rail Subtotal Rail Combined Bus & Rail
$301.97 $454.87 $565.85 $332.73 $365.24 $137.19
Mode Bus
Rail
6 • Service Levels
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
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Proposed FY08 Budget
Service Levels • 7
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
FY08 Bus Operating Statistics Orange Line Boardings (000) Revenue Service Hours (000) Revenue Service Miles (000) Hub Miles (000) Boardings Per Revenue Service Hour Passenger Miles (000) Cost Per Revenue Service Hour Cost Per Passenger Mile Cost Per Boarding Subsidy Per Boarding Subsidy Per Passenger Mile Fare Recovery Ratio Fare Revenue per Boarding
San Fernando San Gabriel Valley Valley
6,869 102 1,619 1,775 67.6 48,083
59,643 1,274 17,528 21,410 46.8 201,336
$204.08 $0.43 $3.02 $2.43 $0.35 19.2% $0.58
$101.98 $0.65 $2.18 $1.55 $0.46 26.6% $0.58
66,984 1,451 17,875 21,178 46.2 251,191 $97.88 $0.57 $2.12 $1.50 $0.40 27.4% $0.58
Gateway Cities 80,072 1,307 14,358 17,864 61.3 300,270 $101.53 $0.44 $1.66 $1.04 $0.28 35.3% $0.58
* Systemwide statistics include bus operating expenses from support activities not assigned directly to sector management, such as in Central Maintenance, Central Control & Instruction, Facilities, and Adminstrative Support.
sector systemwide
Cost per Revenue Service Hour $250.00 $200.00 $150.00 $100.00 $50.00 $0.00 Orange Line
San Fernando Valley
8 • FY08 Bus Operating Statistics
San Gabriel Valley
Gateway
South Bay
Westside / Central
Contract Services
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
South Bay
Westside/ Central
Contract Services
Boardings (000) Revenue Service Hours (000) Revenue Service Miles (000) Hub Miles (000) Boardings Per Revenue Service Hour Passenger Miles (000)
90,589 1,463 18,119 22,593 61.9 339,708
90,671 1,627 19,281 23,653 55.7 340,017
15,761 550 7,629 9,576 28.7 51,855
Cost Per Revenue Service Hour Cost Per Passenger Mile Cost Per Boarding Subsidy Per Boarding Subsidy Per Passenger Mile Fare Recovery Ratio Fare Revenue per Boarding
$102.36 $0.44 $1.65 $1.04 $0.28 35.1% $0.58
$101.83 $0.49 $1.83 $1.20 $0.32 32.0% $0.58
$69.61 $0.74 $2.43 $1.85 $0.56 23.9% $0.58
Systemwide
*
410,590 7,773 96,410 118,049 52.8 1,532,461 $118.10 $0.60 $2.24 $1.62 $0.43 26.0% $0.58
sector systemwide
Subsidy per Boarding $3.00 $2.50 $2.00 $1.50 $1.00 $0.50 $0.00 Orange Line
Proposed FY08 Budget
San Fernando Valley
San Gabriel Valley
Gateway
South Bay
Westside / Central
Contract Services
FY08 Bus Operating Statistics • 9
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Bus Revenue Service Hours Orange Line 1%
Contract Services 7%
San Fernando Valley 16%
Westside / Central 21%
South Bay 19%
Gateway 17%
San Gabriel Valley 19%
Bus Boardings by Sectors
Westside / Central 22%
Contract Services 4%
South Bay 21%
10 • FY08 Bus Operating Statistics
Orange Line 2%
Gateway 20%
San Fernando Valley 15%
San Gabriel Valley 16%
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Fare Revenue The chart below depicts actual passenger fare revenue received in FY04 through FY06, plus budgeted receipts for FY07 and FY08. In FY04, a 35-day strike partially offset by a fare restructuring resulted in a 10% drop in fare revenue. As a consequence of the fare restructuring and uninterrupted service, FY05 fare revenue
shows growth over FY04. Fare revenue in FY08 is projected to grow by 4% due to increased boardings. Fare revenue is allocated among modes and lines according to ridership estimates for each line.
Fare Revenue (in millions) $269
$279
$279
$290
$222
$300 $225 $150 $75 $0
FY04
FY05
FY06
FY07
FY08
Fiscal Year
Fare Revenue by Mode
The chart below illustrates the estimated FY08 fare revenue by mode. As shown on Orange Line Light Rail Heavy Rail Bus
Heavy Rail 8.9%
Proposed FY08 Budget
the graph, most of Metro's fare revenue is attributed to bus operations.
Fare Revenue by Mode (%) Bus 81.2%
Orange Line 1.4% Light Rail 8.5%
Fare Revenue • 11
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Enterprise Fund Statement of Revenues and Expenses
For the Years Ending June 30, 2006, 2007 and 2008 (Amounts in millions)
Enterprise Fund by Mode 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49
Operating revenues: Passenger fares Route subsidies Advertising Total operating revenues
Bus Rapid Transit FY06 FY07 FY08 Actual Budget Proposed $
1.4 $ 1.4
3.0 $ 0.1 3.1
FY06 Actual
Bus FY07 Budget
FY08 Proposed
4.0 $ 232.5 $ 226.0 $ 0.6 0.5 0.0 17.2 16.1 4.0 250.3 242.6
FY06 Actual
235.0 $ 14.9 249.9
Light Rail FY07 FY08 Budget Proposed
22.7 $ 22.7
24.7 $ 24.7
24.6 24.6
Operating expenses: Operating General & administrative Operating expenses, excluding depreciation:
10.2 1.5 11.7
17.8 2.5 20.2
18.6 2.1 20.7
696.2 129.3 825.5
738.3 139.7 878.0
753.9 143.7 897.6
97.9 38.7 136.6
111.7 32.1 143.8
121.4 27.2 148.6
Operating loss
(10.3)
(17.1)
(16.7)
(575.2)
(635.4)
(647.7)
(113.9)
(119.1)
(123.9)
Operating subsidies and grants (other expenses): Local operating grants State operating grants Federal operating grants Interest revenues Net (decline) in fair value of investments Debt (expense) Gain (loss) on disposition of fixed assets Other revenue Total operating subsidies and grants (other expenses)
7.8 7.8
13.1 0.0 0.0 13.1
12.7 0.0 12.7
0.1 153.2 2.0 (3.2) 1.1 5.1 158.3
125.1 0.5 (14.3) 2.6 113.9
139.8 0.5 (14.1) 3.0 2.6 131.7
38.3 0.1 38.4
30.1 0.1 30.1
27.2 0.1 27.3
Gain (loss) before debt and capital items
(2.5)
(4.0)
(4.0)
(416.9)
(521.5)
(516.0)
(75.5)
(89.0)
(96.7)
(63.2) 98.4 3.7 38.9
1.9 24.8 0.7 27.5
15.0 15.0
1.8 2.7 7.5 (0.2) 127.0 138.8
0.4 36.3 64.3 100.9
0.3 8.6 41.0 49.9
(36.7) 92.1 124.9 180.3
1.8 89.5 167.6 118.4 377.3
17.8 1.7 47.9 197.0 130.3 394.6
43.1 43.1
28.8 28.8
15.0 15.0
156.8 1.7 158.5
194.6 194.6
208.4 208.4
23.5 151.9 175.4
13.6 374.2 387.8
16.9 401.0 417.9
Debt service expenses:(2) Interest expense Principal payments Services Total debt service expenses
-
-
-
9.9 6.0 0.1 16.0
12.3 11.9 0.4 24.5
11.9 12.0 0.3 24.2
110.7 76.2 1.9 188.8
103.7 73.4 1.6 178.7
99.5 80.3 1.5 181.3
Transfers In
6.7
5.4
3.9
461.6
639.6
628.7
255.9
278.2
301.2
Debt service & capital grants / contributions:(1) Local Capital Debt service grants/other revenues Proceeds from financing State - capital Federal - capital Total debt service & capital grants / contributions Capital program: Operating capital Major construction Total capital program
Net surplus (deficit)
$
-
$
-
$
(0.1) $
9.0 $
-
$
(70.0) $
(3.5) $
-
$
(0.0)
(1) Excludes defeased leases and includes non-cash items Note: Totals may not add due to rounding
12 • Enterprise Fund
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
FY06 Actual 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49
$
$
Heavy Rail FY07 FY08 Budget Proposed
Non-Modal Regional FY06 FY07 FY08 Actual Budget Proposed
24.0 $ 24.0
24.8 $ 24.8
25.9 $ 0.3 26.2
-
57.0 20.4 77.4
65.4 20.5 85.9
71.7 17.4 89.1
2.1
2.8
4.2
2.1
2.8
4.2
(53.4)
(61.0)
(62.9)
(2.1)
(2.8)
(4.2)
7.8 7.8
19.8 0.1 19.9
19.2 0.1 19.2
-
-
-
(45.6)
(41.1)
(43.7)
(2.1)
(2.8)
(4.2)
(3.6) 4.4 0.8
0.2 6.0 5.9 12.2
0.2 12.5 12.7
-
-
6.2 3.3 9.5
10.2 6.0 16.2
11.6 12.5 24.0
-
36.7 26.6 0.7 64.0
36.2 26.6 0.4 63.2
34.7 28.9 0.4 64.0
114.1
108.5
119.0
(4.2) $
0.1 $
Proposed FY08 Budget
(0.0) $
$
-
$
-
FY06 Actual $
279.2 $ 0.6 17.2 297.0
863.4 189.9 1,053.3
Total FY07 Budget
FY08 Proposed
278.5 $ 0.5 16.2 295.3
936.0 194.7 1,130.7
289.5 15.2 304.7
969.9 190.3 1,160.2
(754.9)
(835.5)
(855.5)
0.1 207.1 2.0 (3.2) 1.1 5.2 212.3
188.0 0.5 0.0 (14.3) 2.8 177.0
198.9 0.5 (14.1) 3.0 2.7 190.9
(542.6)
(658.5)
(664.6)
-
1.8 2.7 (96.0) 190.3 260.0 358.8
3.7 90.1 234.7 189.3 517.8
17.8 2.3 83.9 197.0 171.3 472.3
-
-
186.5 200.0 386.5
218.4 408.9 627.3
236.9 428.5 665.4
-
-
-
157.3 108.8 2.7 268.8
152.3 111.9 2.4 266.5
146.2 121.2 2.2 269.5
2.4
2.8
4.2
840.7
1,034.5
1,057.1
0.3 $
-
$
0.0 $
1.6 $
-
$
(70.1)
Enterprise Fund • 13
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Activity Based Bus Cost Model
1 2 3 4 5 6 7 8
Activities Transportation Wages & Benefits Services Materials & Supplies Training Control Center Scheduling & Planning Sub-Total
FY07 Budget Dollars $/RSH $ 324,593,899 $ 55,996 $ 206,302 5,272,376 7,495,452 3,633,867 341,257,891
45.61 0.01 0.03 0.74 1.05 0.51 47.95
Division Maintenance Wages & Benefits Fuel Materials & Supplies Fueling Contractor Reimb. Services Sub-Total
106,992,220 59,280,846 39,669,732 (2,489,580) 430,770 203,883,989
15.03 8.33 5.57 (0.35) 0.06 28.65
RRC Regular Maintenance Wages & Benefits Materials & Supplies Maintenance Services Sub-Total
5,900,766 4,294,443 193,000 10,388,209
0.83 0.60 0.03 1.46
5,648,323 1,779,874 263,831 803,233 19,578 8,514,840
Other Maintenance Maintenance Support Non-Revenue Vehicles Facilities Maintenance Training Sub-Total Sub-Total Maintenance
FY08 Proposed Dollars $/RSH $
340,536,597 $ 55,996 $ 206,302 5,529,012 7,810,793 3,714,970 357,853,670
47.82 0.01 0.03 0.78 1.10 0.52 50.25
112,433,098 53,779,161 39,419,786 (2,342,843) 412,101 203,701,303
FY07 to FY08 Dollars $/RSH $
15,942,698 $ $ 256,637 315,341 81,102 16,595,779
2.21 (0.00) (0.00) 0.04 0.04 0.01 2.30
15.79 7.55 5.54 (0.33) 0.06 28.61
5,440,877 (5,501,686) (249,946) 146,737 (18,669) (182,686)
0.76 (0.78) (0.04) 0.02 (0.00) (0.04)
6,264,066 2,527,756 193,000 8,984,822
0.88 0.35 0.03 1.26
363,300 (1,766,688) (1,403,387)
0.05 (0.25) (0.00) (0.20)
0.79 0.25 0.04 0.11 0.00 1.20
4,973,634 1,941,591 165,873 659,721 19,578 7,760,397
0.70 0.27 0.02 0.09 0.00 1.09
(674,690) 161,717 (97,958) (143,512) (754,443)
(0.10) 0.02 0.01 (0.02) (0.00) (0.11)
17,007,626 4,910,969 31,892,292 1,628,995 55,439,882
2.39 0.69 4.48 0.23 7.79
17,359,829 5,143,081 34,936,187 1,679,464 59,118,560
2.44 0.72 4.91 0.24 8.30
$ 278,226,920 $
39.09
9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30
RRC Preventive Maintenance Power Plant Assembly Accident Repair Wheelchair Lifts Painting Windows Sub-Total
31 32 33 34 35 36 37
352,202 232,112 3,043,895 50,469 3,678,678
0.05 0.03 0.42 0.01 0.51
1,338,162 $
0.17
38 39
$
279,565,081 $
39.26
$
40
Note: RSH = Revenue Service Hour
14 • Activity Based Bus Cost Model
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
41 42 43 44 45 46 47 48 49 50 51 52 53 54
Activities Other Operating Costs Transit Security General Managers Revenue Service Development Safety Casualty & Liability Workers' Comp Transitional Duty Program Utilities Other Metro Operations Building Costs Copy Services Sub-Total
FY07 Budget Dollars $/RSH 20,161,248 $ 13,822,839 13,289,183 5,794,802 1,830,983 47,047,986 47,866,059 2,226,965 6,102,736 2,360,178 7,586,457 985,205 169,074,639
2.83 1.94 1.87 0.81 0.26 6.61 6.73 0.31 0.86 0.33 1.07 0.14 23.76
FY08 Proposed Dollars $/RSH $
21,406,103 $ 13,767,907 16,815,451 6,956,287 1,731,479 55,958,756 38,441,479 2,498,517 7,170,469 2,598,331 7,728,522 1,089,671 176,162,972
3.01 1.93 2.36 0.98 0.24 7.86 5.40 0.35 1.01 0.36 1.09 0.15 24.74
FY07 to FY08 Dollars $/RSH $
1,244,855 $ (54,931) 3,526,268 1,161,485 (99,504) 8,910,771 (9,424,580) 271,551 1,067,733 238,154 142,065 104,467 7,088,333
0.17 (0.01) 0.49 0.16 (0.01) 1.25 (1.33) 0.04 0.15 0.03 0.02 0.01 0.98
(4,064,839)
(0.57)
20,957,434 4,091
2.88
55 56
Support Department Costs
49,425,154
6.94
45,360,315
6.37
837,984,604 7,116,912
117.75
858,942,038 7,121,003
120.62
35,585,306 1,558,883 527,113 37,671,302 550,285
64.67 2.83 0.96 68.46
36,180,862 1,653,361 451,181 38,285,405 550,011
65.78 3.01 0.82 69.61
57 58 59
Total Local & Rapid Revenue Service Hours
60 61 62 63 64 65 66
Purchased Transportation Contracted Service Security Administration Sub-Total Revenue Service Hours
595,556 94,479 (75,932) 614,103 (274)
1.12 0.17 (0.14) 1.15
21,571,537 $ 3,817
2.76
67 68 69
Total Excluding Debt Revenue Service Hours
875,655,906 $ 114.21 7,667,197
897,227,442 $ 116.96 7,671,014
70
Enterprise Fund Debt Interest Administration 73 74 Sub-Total 71 72
1,695,493 948,223 2,643,716
1,803,379 436,793 2,240,172
107,886 (511,430) (403,544)
75 76
Total Cost
Proposed FY08 Budget
$ 878,299,621
$
899,467,614
$
21,167,993
Activity Based Bus Cost Model • 15
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Activity Based Orange Line Cost Model 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37
Activities Transportation Wages & Benefits Control Center Sub-Total
FY07 Budget Dollars $/RSH $
FY08 Proposed Dollars $/RSH
FY07 to FY08 Dollars $/RSH
4,051,424 $ 243,190 4,294,614
48.14 2.89 51.03
$ 4,298,182 $ 246,872 4,545,055
42.32 2.43 44.75
Division Maintenance Wages & Benefits Fuel Materials & Supplies Fueling Contractor Reimb. Sub-Total
1,605,308 670,000 666,700 2,942,008
19.07 7.96 7.92 34.96
1,652,465 812,199 666,700 (85,603) 3,045,761
16.27 8.00 6.56 (0.84) 29.99
Other Maintenance Maintenance Support Non-Revenue Vehicles Facilities Maintenance Sub-Total
20,311 6,737 3,150,108 3,177,156
0.24 0.08 37.43 37.75
20,967 7,236 2,710,422 2,738,625
0.21 0.07 26.69 26.97
656 $ (0.03) 499 $ (0.01) (439,685) $ (10.74) (438,531) (10.78)
Sub-Total Maintenance
6,119,163
72.70
5,784,386
56.95
(334,778)
Other Operating Costs Transit Security General Managers Revenue Service Development Casualty & Liability Workers' Compensation Utilities Other Metro Operations Building Costs Copy Services Sub-Total
6,065,150 567,930 1,014,646 54,192 723,363 672,247 99,769 24,392 119,939 16,106 9,357,735
72.06 6.75 12.06 0.64 8.59 7.99 1.19 0.29 1.43 0.19 111.18
6,427,271 637,770 1,101,521 73,173 909,179 537,509 137,794 34,879 126,832 17,955 10,003,884
63.28 6.28 10.85 0.72 8.95 5.29 1.36 0.34 1.25 0.18 98.50
362,121 69,840 86,874 18,981 185,816 (134,738) 38,025 10,487 6,893 1,849 646,149
484,982
5.76
393,163
3.87
(91,819)
Support Department Costs Total Cost Total Revenue Service Hours
$ 20,256,495 $ 240.68 84,165
16 • Activity Based Orange Line Cost Model
$ 20,726,488 $ 204.08 101,561
$
$
246,758 $ 3,683 $ 250,441
(5.82) (0.46) (6.27)
47,157 $ 142,199 $ $ (85,603) 103,753
(2.80) 0.04 (1.36) (4.97)
(15.75)
$ $ $ $ $ $ $ $ $ $
(8.78) (0.47) (1.21) 0.08 0.36 (2.69) 0.17 0.05 (1.43) (0.01) (12.68) (1.89)
469,993 $ (36.60) 17,396
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Activity Based Blue Line Cost Model
1 2 3 4 5
FY07 Budget Dollars $/RSH
Activities Transportation Wages & Benefits Materials & Supplies Other Sub-Total
$9,268,441 $ 46,327 12,635 9,327,403
FY08 Proposed Dollars $/RSH
41.90 0.21 0.06 42.17
$9,508,181 $ 43.02 46,327 0.21 12,635 0.06 9,567,143 43.28
FY07 to FY08 Dollars $/RSH $
239,740 $ 239,740
1.12 0.00 0.00 1.12
6 7 8 9 10 11 12 13
Maintenance Vehicle Maintenance Wages & Benefits Materials & Supplies Other Services Sub-Total
10,739,287 3,937,322 4,134 40,821 14,721,565
48.55 17.80 0.02 0.18 66.55
11,117,209 3,908,453 4,134 40,821 15,070,618
50.30 17.68 0.02 0.18 68.18
377,922 (28,869) 349,053
1.75 (0.12) 0.00 0.00 1.63
Wayside Maintenance Wages & Benefits Materials & Supplies Services Propulsion Power Other Sub-Total
5,655,807 789,747 412,280 6,791,563 5,568 13,654,964
25.57 3.57 1.86 30.70 0.03 61.73
5,874,758 789,747 656,558 6,791,563 4,568 14,117,193
26.58 3.57 2.97 30.73 0.02 63.87
218,951 244,278 (1,000) 462,229
1.01 0.00 1.11 0.02 (0.00) 2.14
Other Maintenance Non-Revenue Vehicles Facilities Maintenance Sub-Total
321,346 1,357,456 1,678,802
1.45 6.14 7.59
314,529 1,457,325 1,771,854
1.42 6.59 8.02
(6,817) 99,869 93,052
(0.03) 0.46 0.43
Sub-Total Maintenance
30,055,332
135.88
30,959,665
140.07
904,333
4.19
Other Operating Costs Transit Security General Manager Revenue Service Development Safety Casualty & Liability Workers' Comp Utilities Other Metro Operations Building Costs Copy Services Sub-Total
11,610,718 479,839 1,221,674 232,682 306,325 962,661 1,580,512 687,193 183,678 339,759 68,190 17,673,231
52.49 2.17 5.52 1.05 1.38 4.35 7.15 3.11 0.83 1.54 0.31 79.90
12,366,084 608,439 1,363,634 474,528 389,269 3,292,247 1,237,052 1,045,572 22,191 364,781 54,884 21,218,681
55.95 2.75 6.17 2.15 1.76 14.89 5.60 4.73 0.10 1.65 0.25 96.00
755,366 128,600 141,960 241,846 82,944 2,329,585 (343,460) 358,379 (161,487) 25,022 (13,306) 3,545,450
3.46 0.58 0.65 1.09 0.38 10.54 (1.55) 1.62 (0.73) 0.11 (0.06) 16.10
5,177,067
23.40
4,999,030
22.62
(178,037)
(0.79)
$ 4,511,487 $ (166)
20.62
14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44
Support Department Costs
45 46 47
Total Cost Total Revenue Service Hours
Proposed FY08 Budget
$
62,233,033 $ 281.35 221,197
$
66,744,520 $ 301.97 221,031
Activity Based Blue Line Cost Model • 17
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Activity Based Green Line Cost Model
1 2 3 4 5
FY07 Budget Dollars $/RSH
Activities Transportation Wages & Benefits Materials & Supplies Other Sub-Total
8
73.07 0.49 0.14 73.71
9 10
59.61 18.37 0.04 0.57 78.58
5,071,255 1,670,995 3,174 50,821 6,796,246
57.52 18.95 0.04 0.58 77.08
(284,761) 20,584 (264,177)
(2.09) 0.58 0.00 0.01 (1.50)
11 12 13
Wayside Maintenance Wages & Benefits Materials & Supplies Services Propulsion Power Other Sub-Total
5,560,496 314,353 285,110 3,373,492 4,976 9,538,427
61.89 3.50 3.17 37.55 0.06 106.16
5,721,121 314,353 285,110 3,373,492 3,976 9,698,052
64.89 3.57 3.23 38.26 0.05 110.00
160,625 (1,000) 159,625
3.00 0.07 0.06 0.72 (0.01) 3.84
Other Maintenance Non-Revenue Vehicles Facilities Maintenance Sub-Total
314,256 1,909,049 2,223,305
3.50 21.25 24.74
314,529 1,945,422 2,259,952
3.57 22.07 25.63
273 36,374 36,647
0.07 0.82 0.89
Sub-Total Maintenance
18,822,155
209.48
18,754,249
212.71
(67,905)
3.23
Other Operating Costs Transit Security General Manager Revenue Service Development Safety Casualty & Liability Workers' Comp Utilities Other Metro Operations Building Costs Copy Services Sub-Total
6,229,228 454,071 1,127,847 192,725 297,699 387,029 1,053,969 483,745 129,300 240,541 48,002 10,644,155
69.33 5.05 12.55 2.14 3.31 4.31 11.73 5.38 1.44 2.68 0.53 118.47
6,613,810 580,263 1,219,763 273,057 372,892 196,305 809,337 641,836 106,827 248,993 37,467 11,100,550
75.01 6.58 13.83 3.10 4.23 2.23 9.18 7.28 1.21 2.82 0.42 125.90
384,582 126,192 91,916 80,332 75,193 (190,724) (244,632) 158,091 (22,473) 8,452 (10,535) 456,395
5.69 1.53 1.28 0.95 0.92 (2.08) (2.55) 1.90 (0.23) 0.15 (0.11) 7.44
3,741,384
41.64
3,563,667
40.42
(177,718)
(1.22)
Maintenance Vehicle Maintenance Wages & Benefits Materials & Supplies Other Services Sub-Total
$6,629,230 $ 75.19 44,319 0.50 12,635 0.14 6,686,184 75.84
FY07 to FY08 Dollars $/RSH
6,565,704 $ 44,319 12,635 6,622,658 5,356,016 1,650,412 3,174 50,821 7,060,424
6 7
FY08 Proposed Dollars $/RSH $
63,526.04 $ 63,526
2.12 0.01 0.00 2.13
14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44
Support Department Costs
45 46 47
Total Cost Total Revenue Service Hours
$
39,830,352 $ 443.30 89,850
18 • Activity Based Green Line Cost Model
$ 40,104,650 $ 454.87 88,167
$
274,298 $ (1,683)
11.57
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Activity Based Gold Line Cost Model
1 2 3 4 5
Activities Transportation Wages & Benefits Materials & Supplies Other Sub-Total
FY07 Budget Dollars $/RSH
FY08 Proposed Dollars $/RSH
$6,660,886 $ 86.92 50,832 0.66 41,981 0.55 6,753,698 88.13
$6,798,386 $ 50,832 41,981 6,891,198
92.23 0.69 0.57 93.48
FY07 to FY08 Dollars $/RSH $ 137,500.10 $ 137,500
5.31 0.03 0.02 5.35
6 7 8 9 10 11 12 13
Maintenance Vehicle Maintenance Wages & Benefits Materials & Supplies Other Services Sub-Total
5,073,428 1,037,812 3,174 30,819 6,145,234
66.20 13.54 0.04 0.40 80.19
4,994,935 1,062,268 3,174 30,819 6,091,197
67.76 14.41 0.04 0.42 82.63
(78,494) 24,457 (54,037)
1.56 0.87 0.00 0.02 2.44
Wayside Maintenance Wages & Benefits Materials & Supplies Services Propulsion Power Other Sub-Total
5,493,050 514,249 249,681 2,089,821 3,876 8,350,677
71.68 6.71 3.26 27.27 0.05 108.97
5,709,057 514,249 712,906 2,089,821 3,876 9,029,909
77.45 6.98 9.67 28.35 0.05 122.50
216,008 463,225 679,232
5.77 0.27 6.41 1.08 0.00 13.53
Other Maintenance Non-Revenue Vehicles Facilities Maintenance Sub-Total
313,723 1,422,117 1,735,840
4.09 18.56 22.65
314,529 1,457,970 1,772,499
4.27 19.78 24.05
806 35,853 36,659
0.17 1.22 1.39
Sub-Total Maintenance
16,231,750
211.81
16,893,605
229.17
661,855
17.36
Other Operating Costs Transit Security General Manager Revenue Service Development Safety Casualty & Liability Workers' Comp Utilities Other Metro Operations Building Costs Copy Services Sub-Total
8,716,625 480,627 1,113,252 189,725 344,573 1,050,279 1,020,656 468,446 125,212 227,629 46,484 13,783,509
113.75 6.27 14.53 2.48 4.50 13.71 13.32 6.11 1.63 2.97 0.61 179.86
9,284,674 606,660 1,253,530 363,590 372,941 549,607 803,183 743,785 89,227 247,740 37,359 14,352,295
125.95 8.23 17.01 4.93 5.06 7.46 10.90 10.09 1.21 3.36 0.51 194.70
568,049 126,032 140,278 173,865 28,367 (500,672) (217,473) 275,339 (35,985) 20,111 (9,124) 568,786
12.21 1.96 2.48 2.46 0.56 (6.25) (2.42) 3.98 (0.42) 0.39 (0.10) 14.84
4,954,289
64.65
3,574,207
48.49
(1,380,083)
(16.16)
14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44
Support Department Costs
45 46 47
Total Cost Total Revenue Service Hours
Proposed FY08 Budget
$ 41,723,246 $ 544.46 76,633
$ 41,711,305 $ 565.85 73,715
$
(11,942) $ 21.39 (2,918)
Activity Based Gold Line Cost Model • 19
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Activity Based Heavy Rail Cost Model
1 2 3 4 5
Activities Transportation Wages & Benefits Materials & Supplies Other Sub-Total
FY07 Budget Dollars $/RSH
FY08 Proposed Dollars $/RSH $ 9,139,584 $ 34.14 50,693 0.19 12,635 0.05 9,202,912 34.37
FY07 to FY08 Dollars $/RSH
$ 8,830,367 $ 50,693 12,635 8,893,695
32.97 0.19 0.05 33.21
$
309,217 $ 309,217
1.17 0.00 0.00 1.17
10,599,227 3,745,941 11,134 109,728 14,466,031
39.57 13.99 0.04 0.41 54.01
11,041,063 3,743,355 11,134 109,728 14,905,281
41.24 13.98 0.04 0.41 55.67
441,836 (2,586) 439,250
1.67 (0.00) 0.00 0.00 1.66
Wayside Maintenance Wages & Benefits Materials & Supplies Services Propulsion Power Other Sub-Total
12,892,645 1,068,541 1,081,242 9,238,600 37,480 24,318,508
48.14 3.99 4.04 34.49 0.14 90.80
13,707,894 1,068,541 1,146,182 9,238,600 7,480 25,168,697
51.20 3.99 4.28 34.51 0.03 94.01
815,249 64,940 (30,000) 850,189
3.06 0.00 0.24 0.01 (0.11) 3.21
Other Maintenance Non-Revenue Vehicles Facilities Maintenance Sub-Total
327,002 5,548,965 5,875,967
1.22 20.72 21.94
314,529 5,689,517 6,004,046
1.17 21.25 22.43
Sub-Total Maintenance
44,660,506
166.75
46,078,024
172.11
(12,473) 140,552 128,079 1,417,518
(0.05) 0.53 0.49 0.00 5.36
Other Operating Costs Transit Security General Manager Revenue Service Development Safety Casualty & Liability Workers' Comp Utilities Other Metro Operations Building Costs Copy Services Sub-Total
17,366,169 503,637 1,259,925 264,558 385,497 2,907,503 1,904,759 849,521 227,067 446,120 84,298 26,199,054
64.84 1.88 4.70 0.99 1.44 10.86 7.11 3.17 0.85 1.67 0.31 97.82
18,567,048 630,683 1,651,661 434,801 465,993 3,156,624 1,536,072 1,119,023 82,939 457,432 68,504 28,328,180
69.35 2.36 6.17 1.62 1.74 11.79 5.74 4.18 0.31 1.71 0.26 105.81
1,200,878 127,046 391,737 170,243 80,496 249,120 (368,687) 269,502 (144,129) 11,312 (15,793) 2,129,127
4.51 0.48 1.47 0.64 0.30 0.93 (1.37) 1.01 (0.54) 0.04 (0.06) 7.99
Support Department Costs
5,872,545
21.93
5,471,683
20.44
(400,862)
(1.49)
6 7 8 9 10 11 12 13
Maintenance Vehicle Maintenance Wages & Benefits Materials & Supplies Other Services Sub-Total
14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47
Total Cost Total Revenue Service Hours
20 • Activity Based Heavy Rail Cost Model
$ 85,625,799 $ 319.70 267,831
$ 89,080,799 $ 332.73 267,725
$ 3,454,999 $ 13.03 (106)
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
This page is intentionally left blank.
Proposed FY08 Budget
Activity Based Heavy Rail Cost Model • 21
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Modal Operating Statistics
1 2 3 4 5 6 7 8 9 10 11 12 13 14
Bus excluding Orange Line Fares ($000) Other Operating Revenue ($000) Expenses ($000) Boardings (000) Farebox Recovery Ratio Vehicle Service Hours (000) Cost Per Hour Cost Per Passenger Mile Vehicle Service Miles (000) Passenger Miles (000) Fare Revenue Per Boarding Subsidy Per Boarding Subsidy Per Passenger Mile Vehicles Operated
15 16 17 18 19 20 21 22 23 24 25 26 27 28
Orange Line Fares ($000) Other Operating Revenue ($000) Expenses ($000) Boardings (000) Farebox Recovery Ratio Vehicle Service Hours (000) Cost Per Hour Cost Per Passenger Mile Vehicle Service Miles (000) Passenger Miles (000) Fare Revenue Per Boarding Subsidy Per Boarding Subsidy Per Passenger Mile Vehicles Operated
22 • Modal Operating Statistics
Notes
(1)
$ $ $
(2) $ $ (2) (3) $ $ $
Notes
(1)
$ $ $
(2) $ $ (2) (3) $ $ $
FY06 Actual 231,545 17,681 825,312 397,408 28.1% 7,554 109.25 0.57 92,046 1,450,081 0.58 1.45 0.40 2,203
FY06 Actual 1,424 12,494 3,790 11.4% 56 223.52 0.51 891 24,637 0.38 2.92 0.45 21
$ $ $
$ $ $ $ $
$ $ $
$ $ $ $ $
FY07 Budget 225,983 16,631 875,656 381,113 25.8% 7,667 114.21 0.62 93,827 1,411,688 0.59 1.66 0.45 2,218
FY07 Budget 3,041 94 20,256 5,147 15.0% 84 240.68 0.56 1,342 36,028 0.59 3.33 0.48 21
$ $ $
$ $ $ $ $
$ $ $
$ $ $ $ $
FY08 Proposed 235,032 14,876 897,227 403,721 26.2% 7,671 116.96 0.60 94,791 1,484,377 0.58 1.60 0.44 2,208
Inc/(Dec) Budget $ 9,050 $ (1,755) $ 21,572 22,608 0.4% 4 $ 2.76 $ (0.02) 964 72,690 $ (0.01) $ (0.06) $ (0.01) (10)
FY08 Proposed 3,984 24 20,726 6,869 19.2% 102 204.08 0.43 1,619 48,083 0.58 2.43 0.35 28
Inc/(Dec) Budget $ 943 $ (70) $ 470 1,722 4.2% 17 $ (36.60) $ (0.13) 277 12,055 $ (0.01) $ (0.89) $ (0.13) 7
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Notes
29 30 31 32 33 34 35 36 37 38 39 40 41
Light Rail (4) Fares ($000) Other Revenue ($000) Expenses ($000) Boardings (000) Farebox Recovery Ratio Vehicle Service Hours (000) Cost Per Hour Cost Per Passenger Mile Vehicle Service Miles (000) Passenger Miles (000) Fare Revenue Per Boarding Subsidy Per Boarding Subsidy Per Passenger Mile
Notes
42 43 44 45 46 47 48 49 50 51 52 53 54
Heavy Rail (5) Fares ($000) Other Revenue ($000) Expenses ($000) Boardings (000) Farebox Recovery Ratio Vehicle Service Hours (000) Cost Per Hour Cost Per Passenger Mile Vehicle Service Miles (000) Passenger Miles (000) Fare Revenue Per Boarding Subsidy Per Boarding Subsidy Per Passenger Mile
(1)
$ $ $
(2) $ $ (2) (3) (3)
(1)
$ $ $
$ $ $
(2) $ $ (2) (3) (3)
$ $ $
FY06 Actual 22,656 135,657 42,021 16.7% 345 393.51 0.46 8,031 297,477 0.54 2.69 0.38
FY06 Actual 24,015 78,460 40,277 30.6% 256 306.03 0.41 5,856 193,020 0.60 1.35 0.28
$ $
$ $ $ $ $
$ $
$ $ $ $ $
FY07 Budget 24,685 143,787 41,778 17.2% 388 370.89 0.50 9,326 289,449 0.59 2.85 0.41
FY07 Budget 23,187 1,634 85,626 38,868 27.1% 268 319.70 0.47 6,296 183,467 0.59 1.56 0.33
$ $
$ $ $ $ $
$ $
$ $ $ $ $
FY08 Proposed 24,613 148,560 42,437 16.6% 383 387.97 0.49 9,218 304,525 0.58 2.92 0.41
Inc/(Dec) Budget $ (72) $ 4,774 659 -0.6% (5) $ 17.08 $ (0.01) (108) 15,076 $ (0.01) $ 0.07 $ (0.00)
FY08 Proposed 24,148 2,041 89,081 41,117 27.1% 268 332.73 0.43 6,258 206,531 0.58 1.53 0.30
Inc/(Dec) Budget $ 961 407 $ 3,455 2,249 0.0% $ 13.03 $ (0.04) (37) 23,063 $ (0.01) $ (0.03) $ (0.03)
(1) Expenses include Transitional Duty Program but exclude interest and debt administration. (2) Reflect revenue vehicle hours & miles. (3) Subsidy excludes all operating revenue. (4) Light Rail includes the Blue, Green and Gold Lines. (5) Heavy Rail includes the Red and Purple Lines.
Proposed FY08 Budget
Modal Operating Statistics • 23
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Capital Program Project List (Amounts in thousands) Project Title
CP#
Expected
FY09
Expenditures
and
of
Future
Project
Through FY07
FY08
Life New
1 Bus Acquisition 2
ATV Bus Purchase (Hybrid Vehicles)
200044
3
HCNG Demonstration Project
201033
4
CNG Articulated Buses, Option 2
201044
5 Bus Acquisition Total
$
4,295 1,144
$
130
$
177
107
$
4,603
7
1,258 92,289
-
86,428
5,439
86,666
184
-
86,428
Y
6 7 Bus Facilities Improvements 8
RRC General Building Modifications
202006
1,066
39
13
1,118
9
In-ground Bus Hoist Replacement
202007
8,118
163
-
8,281
10
Division 9 Transportation Facilities Improvements
202014
14,990
1,505
5
16,500
11
Temple & Beaudry Layover Facility
202016
1,448
220
23
1,692
12
Division 7 Facility Improvements
202017
4,323
764
12
5,100
13
El Monte Transit Station Enhancements
202021
106
7
3
115
14
FY08 UST Replacement
202027
-
1,315
-
1,315
Y
15
FY08 Bus Facility Contingency Projects
202037
-
2,503
-
2,503
Y
16
FY08 Bus Division Maintenance Equipment
202042
-
2,253
-
2,253
Y
17
FY08 Replace Bus Div. Emergency Generators
202047
-
1,859
-
1,859
Y
18
FY08 HVAC Replacement Program All Divisions
202062
-
1,288
-
1,288
Y
19
Articulated Bus Facility Modifications
202065
4,886
1,736
19
6,641
20
Division 1 Expansion
202066
11,491
77
6
11,574
21
Division 5, 10, & 18 Renovations
202181
18,127
172
33
18,333
22
In-ground Bus Hoist Replacement -- Phase II
202203
-
1,402
2,970
4,372
23
Articulated Bus Facility Modifications -- Phase II
202204
2,184
1,179
16
3,380
9,351
11,125
Y
24
ATMS Upgrade
202232
-
1,774
25
Division 18 Solar Energy Project
202237
-
5,000
26
Division 1, 3, 8, 9 and 15 Renovations (BOS)
202239
-
7,096
6,624
13,720
27
Bauchet Street Storage and Facilities Structure
202246
-
4,652
8,273
12,925
Y
28
Metro Orange Line Enhancement
202249
-
100
515
615
Y
66,740
35,105
27,863
129,708
29 Bus Facilities Improvements Total
(0)
Y
5,000 Y
30 31 Bus Maintenance 32
FY08 Bus Midlife Program
203005
-
29,500
-
29,500
Y
33
FY08 Replace Regional Rebuild Center Shop Equipment
203011
-
1,015
-
1,015
Y
34
FY08 RRC Engine Replacement Program
203015
-
11,000
-
11,000
Y
35 Bus Maintenance Total
-
41,515
-
41,515
36 37 IT/Communications 38
ITS Telecommunications Transmission Repl. Project
207010
1,343
3,245
4,953
9,541
39
FY08 Computer Equipment Technology Program
207024
-
2,104
-
2,104
Y
40
FY08 Financial/HR System Upgrades
207040
-
447
-
447
Y
41 IT/Communications Continued Next Page
24 • Capital Program Project List
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
(Amounts in thousands) Project Title
CP#
Expected
FY09
Expenditures
and
of
Future
Project
Through FY07
FY08
Life New
42 IT/Communications 43
Remote Storage for Disaster Recovery
207053
44
Transit Operator Activity Scheduling and Tracking
207061
45
Red Line Segment 1: PBX T-1 Trunk Route Retrofit
207078
46 IT/Communications Total
$
- $ 2,288
783 3,552
$
1,841
$
783
Y
7,681
-
519
-
519
3,631
10,650
6,794
21,075
Y
47 48 Non-Revenue Vehicles FY08 Bus System Replacement Non-Revenue Vehicles 49
208007
-
10,841
-
10,841
50
FY08 Rail Support Replacement Non-Revenue Vehicles
208017
-
4,636
-
4,636
Y
51
FY08 Rail Support Expansion Non-Revenue Vehicles
208022
-
2,042
-
2,042
Y
52 Non-Revenue Vehicles Total
-
17,519
-
Y
17,519
53 54 Other Capital Projects 55
Universal Fare Collection System
200225
82,768
13,363
1,476
97,607
56
Regional Service Center and Clearinghouse
200351
15,940
4,131
1
20,072
57
Gateway Headquarters Improvement Projects
210008
2,645
135
54
2,834
58
Replace Two Color Printing Press
210014
13
3,391
-
3,404
101,365
21,020
1,531
123,916
6,586
59 Other Capital Projects Total
Y
60 61 Rail Facilities Improvements 62
MRL Station Canopies
204006
1,434
313
4,839
63
Vermont/Santa Monica Sta. Underground Water Mitigation
204016
752
285
247
1,283
64
FY08 Rail Facility Improvements Contingency Projects
204031
-
1,500
-
1,500
65
MRL Segment 2 & 3 Station PLC and EMP Upgrade
204035
204
729
193
1,126
66
Division 22 Improvements - Phase II
204037
1,653
2,473
769
4,895
67
Division 20 Carwash & Cleaning Platform
204047
236
1,060
14,103
15,400
68
Division 21 Improvements - Phase II
204053
908
2,343
11,749
15,000
69
Division 20 Additional Vehicle Hoists
204054
1,001
904
2,345
4,250
70
Division 22 Paint Booth
204059
3
145
2
150
71
Rail Operations Training Facility
204068
-
449
17,151
17,600
Y
72
FY08 Rail Security Projects
204080
-
1,000
-
1,000
Y
6,190
11,200
51,399
68,790
73 Rail Facilities Improvements Total
Y
74 75 Rail Vehicle Maintenance 76
Breda Rail Car Retrofit
206004
1,825
517
-
2,342
77
P2000 Vehicle Signaling Package Upgrade
206005
829
963
1,572
3,364
78
FY08 Rail Facility Tools & Equipment
206029
-
431
-
431
2,654
1,911
1,572
6,137
79 Rail Vehicle Maintenance Total
Proposed FY08 Budget
Y
Capital Program Project List • 25
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Capital Program Project List (cont.) (Amounts in thousands) Project Title
CP#
Expected
FY09
Expenditures
and
of
Future
Project
Through FY07
FY08
Life New
80 Warehouse 81
Division 3 Replace Warehouse Facility
209027
82
Division 7 Warehousing Support - West Hollywood
209028
83 Warehouse Total
$
167
$
1,437
-
1,184
167
2,621
$
-
$
1,604 1,184
-
2,787
Y
84 85 Wayside Systems 86
Fiber Optic Rail Communication System
205001
1,280
724
1,007
3,011
87
Rail Security Improvements
205004
4,416
116
1,937
6,469
88
Rail Communications Systems Upgrade
205005
1,126
394
812
2,332
89
MBL Grade Crossing Improvements
205006
4,807
1,459
4,335
10,600
90
MBL Four-Quadrant Gate Program Expansion
205012
2,495
1,437
1,723
5,655
91
Light Rail Train Tracking Improvements
205014
513
400
43
956
92
MRL Segment 1 Remote Terminal Unit (RTU) Upgrade
205017
2,381
264
-
2,645
93
FY08 Wayside Systems Tools and Equipment
205021
-
365
-
365
Y
94
FY08 Wayside Systems Contingency Projects
205031
-
1,500
-
1,500
Y
95
Pasadena Gold Line Traction Power Substations
205034
6,918
1,521
262
8,701
23,936
8,180
10,117
42,234
210,124
236,387
99,461
545,972
96 Wayside Systems Total 97 Subtotal for Capital Program
26 • Capital Program Project List
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
(Amounts in thousands) Project Title
CP#
Expected
FY09
Expenditures
and
of
Future
Project
Through FY07
FY08
Life New
98 Major Construction* Subway Railcar Midlife Overhaul
206034
202,575
Y
100
99
Expo/Blue Line Light Rail Vehicle Procurement
206035
$
-
-
$
1,101
4,421
$
173,304
198,154
$
174,405
Y
101
Metro Gold Line Eastside Extension
800088
633,548
170,003
95,263
898,814
102
Orange Line
800112
271,179
10,821
31,000
313,000
103
SFV East-West Bikeway Project
800114
9,821
612
205
10,638
104
Canoga Station Park and Ride Project
800117
24,071
1,929
-
26,000
105
Lankershim Depot Restoration Project
800118
1,313
1,668
619
3,600
106
Light Rail Vehicle Fleet Enhancement
800151
91,586
22,608
38,725
152,919 22,000
107
MGL Eastside Extension Enhancements
800288
3,562
17,227
1,211
108
Pasadena Gold Line Closeout
809005
-
2,729
-
2,729
109
MRL Segment 2 Closeout
809081
7,620
7,172
515
15,307
110
MRL Segment 3 North Hollywood Closeout
809082
111 Major Construction Total 112 Capital Program Grand Total
$
2,185
883
571
3,639
1,044,884
241,174
539,568
1,825,626
1,255,008
$
477,561
$
639,029
$
Y
2,371,598
* Excludes Expo LRT. Metro participation in Project 800113 is reflected in the Expo LRT budget.
Proposed FY08 Budget
Capital Program Project List • 27
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Governmental Funds (Amounts in millions)
Governmental Funds 1
Governmental Funds General Fund Special Revenue Fund FY06 Actual
FY07 Budget
FY08 Proposed
FY06 Actual
FY07 Budget
Total
FY08 Proposed
FY06 Actual
FY07 Budget
FY08 Proposed
Revenue:
2
Sales tax
3
Intergovernmental grants
$1,739.0 $1,850.8 $ 26.1
49.6
1,797.9 $ 45.7
0.9
$
5.7
$
6.0
$1,739.0 $1,850.8 $ 27.0
55.2
1,797.9 51.7
4
Investment income
27.7
4.6
6.9
8.0
4.1
4.1
35.7
8.7
11.0
5
Net decline in fair value of investments
(2.4)
-
-
6
Lease and rental
-
-
7
Proceeds on lease/leaseback to service
-
-
7
Licenses and fines
7.7
7.0
8
Other
-
-
9
Total Revenues
(0.6)
-
-
(3.0)
-
-
12.7
10.3
14.6
12.7
10.3
14.6
-
-
-
-
-
-
-
7.0
0.5
0.5
0.5
8.2
7.5
7.5
2.7
21.5
21.4
2.7
21.5
21.4
24.2
42.1
46.5
1,822.3
1,954.1
1,904.0
1,798.1
1,912.0
1,857.5
710.8
815.5
841.1
0.2
0.0
-
711.0
815.5
841.1
60.3
91.5
80.6
5.5
14.8
15.1
65.8
106.3
95.7 1.5
10 11
Expenditures:
12
Subsidies
13
Services
14
Debt and interest expenditures
15
Interest and fiscal charges
-
-
-
1.5
1.5
1.5
1.5
1.5
16
Bond principal & commercial paper retirement
-
-
-
0.8
0.8
0.8
0.8
0.8
0.8
17
General and administrative
41.9
44.4
43.7
5.0
5.7
6.0
46.9
50.1
49.7
18
Total expenditures
813.0
951.4
965.4
13.0
22.8
23.4
826.0
974.2
988.8
87.5
92.1
120.5
98.2
19 20
Transfers In
21
Transfers (out)
22
Proceeds from Financing
(933.4) (1,123.5)
98.8 (1,153.3)
36.8
-
33.0
6.1
4.7
(24.4)
(5.3)
(4.0)
(957.7) (1,128.8)
103.5 (1,157.4)
-
36.8
-
23 24
Net change in fund balances
139.3
(34.0)
(163.1)
19.8
20.0
23.8
159.1
(13.9)
(139.3)
Fund balances - beginning of year
650.6
789.9
756.0
96.3
116.2
136.2
746.9
906.1
892.2
25 26 27 28
Fund balances - end of year
$ 789.9 $ 756.0 $
593.5 $ 116.2 $ 136.2 $
160.0 $ 906.1 $ 892.2 $
753.5
Note: Totals may not add due to rounding.
28 • Governmental Funds
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
This page is intentionally left blank.
Proposed FY08 Budget
Governmental Funds • 29
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Special Revenue Funds (Amounts in millions) Proposition A & C, TDA Administration
Special Revenue Funds 1
FY06 Actual
FY07 Budget
Proposition A
FY08 Proposed
FY06 Actual
FY07 Budget
Transportation Devel. Act
Proposition C
FY08 Proposed
FY06 Actual
FY07 Budget
FY08 Proposed
FY06 Actual
FY07 Budget
FY08 Proposed
Revenue:
2
Sales tax
3
Intergovernmental grants
3.2
2.9
4.5
-
-
-
16.5
27.7
25.4
4
Investment income
-
-
-
5.3
1.2
1.2
13.2
2.3
2.3
5
Net (decline) in fair value of investments
-
(1.7)
6
Licenses and fines
-
-
-
Other
-
-
-
-
-
-
-
-
-
-
-
3.2
2.9
4.5
673.8
668.7
695.4
697.6
697.6
722.1
344.4
338.8
353.4
7 8
$
-
$
-
-
Total revenues
$
-
-
$ 669.0 $ 667.5 $
-
(0.5) -
694.2 $ 669.0 $ 667.6 $
-
-
0.5
694.3 $ 338.7 $ 338.8 $
-
-
-
5.6
-
1.0
-
352.4
-
-
-
-
9 10
Expenditures:
11
Subsidies
-
0.1
0.9
248.3
243.7
253.8
346.1
435.8
447.4
97.7
109.3
113.8
12
Services
10.2
18.0
14.2
-
-
-
47.9
56.2
49.7
-
-
-
13
General and administrative
34.8
34.7
34.5
-
-
-
4.9
7.1
7.1
-
-
-
Total expenditures
45.0
52.8
49.6
248.3
243.7
253.8
398.9
499.1
504.2
97.7
109.3
113.8
16
Transfers In
44.7
49.4
54.4
-
-
-
42.7
41.9
43.6
-
17
Transfers Out
-
(1.8)
(2.2)
(395.8)
(354.1)
(560.9)
(271.7)
(345.9)
(253.9)
(218.3)
18
Proceeds from Financing
36.8
-
14 15
-
-
0.6 (247.2)
0.6 (264.1) -
19 20
Net change in fund balance
3.0
(2.3)
7.1
29.7
70.9
(119.4)
69.7
(68.8)
(3.0)
0.0
(2.3)
136.9
166.6
237.5
287.3
357.0
7.6
28.5
(17.0)
(23.9)
288.2
138.4
166.9
149.8
21 22
Fund balance - beginning of year
23 24
Fund balance - end of year
$
0.0 $
(2.3) $
4.8 $ 166.6 $ 237.5 $
118.2 $ 357.0 $ 288.2 $
295.8 $ 166.9 $ 149.8 $
126.0
* Other includes regional EZ Transit Pass Program, Regional Grantee - FTA, and MTA Sponsored CFP.
Note: Totals may not add due to rounding.
30 • Special Revenue Funds
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
State Transit Assistance FY06 Actual
FY07 Budget
SAFE
FY08 Proposed
FY06 Actual
Other*
FY07 Budget
FY08 Proposed
FY06 Actual
FY07 Budget
Total FY08 Proposed
FY06 Actual
FY07 Budget
FY08 Proposed
1 2
$
62.2 $ 176.9 $
57.1 $
-
$
-
$
-
$
-
$
3
-
-
-
-
-
-
6.3
4
2.2
0.4
1.7
1.4
0.7
0.7
-
5
-
-
-
(0.2)
-
-
-
$
-
$ 1,739.0 $ 1,850.8 $
1,797.9
19.0
15.7
26.1
49.6
45.7
-
-
27.7
4.6
6.9
(2.4)
-
-
-
-
-
6
-
-
-
7.7
7.0
7.0
-
-
-
7.7
7.0
7.0
7
-
-
-
-
-
-
-
-
-
-
-
-
64.4
177.3
58.7
8.9
7.7
7.7
6.3
19.0
15.7
1,798.1
1,912.0
1,857.5
9.4
11.3
-
8 9 10
-
-
4.1
17.2
13.9
710.8
815.5
841.1
12
14.6 -
-
-
2.3
15.7
15.0
0.0
1.6
1.7
60.3
91.5
80.6
13
-
-
-
1.8
2.2
1.6
0.4
0.4
0.4
41.9
44.4
43.7
11.3
4.1
17.9
16.7
4.5
19.2
16.0
813.0
951.4
965.4
11
14.6
14
9.4
15 16 17
-
-
-
(46.3)
(171.5)
(69.3)
-
-
-
0.1
0.2
0.2
(1.3)
(3.0)
(3.0)
-
-
-
(933.4)
-
-
36.8
-
-
18
-
87.5
92.1
98.8
(1,123.5)
(1,153.3)
19 20
3.5
(3.6)
(21.9)
3.5
(13.2)
(12.0)
1.9
(0.0)
0.0
139.3
(34.0)
(162.4)
62.1
65.6
62.0
29.0
32.5
19.3
(0.2)
1.8
1.8
650.6
789.9
755.9
65.6 $
62.0 $
40.1 $
32.5 $
19.3 $
1.8 $
1.8 $
789.9 $
755.9 $
593.5
21 22 23 24
$
Proposed FY08 Budget
7.4 $
1.8 $
Special Revenue Funds • 31
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Page Revised June 6, 2007
Regional Programs Metro provides funding directly to projects through grants of local funds or indirectly through allocated federal or state grants. Local funds consist mainly of Proposition A and Proposition C funds which are disbursed by Metro to agencies based on an approved spending plan. Federal and state grant funds are programmed or allocated by Metro and disbursed directly by the granting agency or disbursed by Metro to the grantee or recipient. The recipient agency is responsible for
administering and managing the federal or state grant. The FY08 budget for local funding commitments to the Call for Projects (CFP) reflects current year cash flow. Funding for all other local programs, including Municipal Operator programs, ASI, Proposition A Incentive, Local Return, and Metrolink, reflects the FY08 programmed amounts.
FY08 Proposed Budget Revenue Summary - Regional Subsidy Program Budget (Amounts in thousands)
`
1 2 3 4 5 6 7 8 9 10 11 12
Funding Category Prop A - Local Return 25% Prop A - Discretionary 95% of 40% Prop A - Incentive 5% of 40% Prop C - Local Return 20% Prop C - Security 5% Prop C - Commuter Rail 10% Prop C - Streets & Hwys 25% Prop C - Discretionary 40% Other (Federal, FAU Cash, & CMAQ) Other (EZ Pass) TDA STA Formula
13
Total
32 • Regional Programs
ADA/ Commuter Accessibility CFP Projects Other Local Rail & Funding & Programs Projects Intercity Program Rail $ $ 164,872 $ $ 218,235 186 18,132 136,772 32,977 7,958 58,212 160,832 103,775 28,070 5,350 9,405 5,367 8,500 343,498 27,768 45,560
Transit Operator Programs $
$
744,046
$
46,202
$
507,606
$
19,403
$ 58,212
Other Total Planning Subsidy Budget Projects 164,872 218,421 18,132 136,772 32,977 66,170 161,832 137,195 14,772 8,500 371,266 45,560
1,000
$ 1,000
$
1,376,469
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Page Revised June 6, 2007
Regional Subsidy Program Budget Detail FY08 Proposed Budget (Amounts in thousands)
FY06 Actual
Regional Fund Description
FY07 Budget
FY08 Proposed
1
2 Transit Operator Programs Formula Allocated Funds - other agencies 3 4 Transit Security 5 BSIP & MOSIP Programs (1) 6 Foorhill Mitigation 7 Transit Service Expansion 8 FY07 Fuel Inflation allocation 9 Base Bus Restructuring
$
Transit Operator Programs Total
10 11
12 ADA/Accessibility Funding Programs 13 ASI - Access Services, Inc. 14 Proposition A Incentive programs ADA Accessibility Funding 15
Programs Total
16 17 CFP Projects and Programs 18 Proposition A and C Local Return 19 Call for Projects & Rapid Bus 20 TDA Bikeways/Transit/Streets & Hwys Pgms CFP Projects and Programs Total 21 22 23 Other Local Projects 24 Immediate Needs 25 SHORE/General Relief Tokens 26 Regional Grantee-FTA 27 EZ Pass Program 28 Miscellaneous Other Local Projects Other Local Projects Total 29 30 31 Commuter Rail & Intercity Rail Programs 32 Metrolink (2) 33 Intercity Rail Commuter Rail & Intercity Rail Programs Total 34 35 36 Other Planning Projects 37 Other P&P Planning 38 Transit Planning 39 Pedestrian Bikeway Enhancements & Rideshare Svcs 40 Bus Speed Improvements on Van Nuys Blvd. 41 Pasadena MBL disbursement Other Planning Projects Total 42 43 44
Total Metro Funded Programs
$
504,531 $ 31,241 69,735 7,676 5,954 3,011
574,536 $ 30,195 29,576 7,114 6,282 6,000 3,289
607,736 32,977 83,701 9,827 6,436 3,369
622,148
656,992
744,046
24,177 10,379
25,059 13,149
28,070 18,132
34,556
38,208
46,202
288,264 127,099 18,268
300,730 177,666 25,617
301,644 178,194 27,768
433,631
504,013
507,606
5,015 1,050 3,859 14 -
5,000 1,050 9,739 7,500 -
5,000 350 5,367 8,500 186
9,938
23,289
19,403
45,303 25
52,277 25
58,187 25
45,328
52,302
58,212
13 221 -
65 40 -
1,000 -
234
105
1,000
1,145,835 $
1,274,908 $
1,376,469
NOTES: 1) BSIP/MOSIP funds for FY08 includes Metro MOSIP. 2) Commuter Rail & Intercity Rail for Metrolink ($3.7M includes Capital funds that were reflected in FY07 in the CFP Projects and Programs' category).
Proposed FY08 Budget
Regional Programs • 33
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Fund Balances For The Years Ending June 30, 2006, 2007, and 2008. (Amounts in millions)
1 2 3 4 5 6 7 8 9
FY07 Estimated
FY06 Actual
Fund Special Revenue Funds: Proposition A: Administration Local Return Rail Set Aside Discretionary Incentive Interest Proposition C: Administration Local Return Commuter Rail Discretionary Street & Highways Security Interest
$
4.7 $ 5.8 67.5 3.2 20.6 0.7
88.2 (1) 58.5 (1) 20.1 1.9
FY08 Estimated
$
34.0 (2) 15.2 3.1
1.8 4.9 50.2 105.9 192.7 6.7 (1.7)
39.3 72.3 68.3 8.8 0.7
Transportation Development Act: Administration Article 3 Article 4 Article 8 Interest
0.5 22.1 1.3 -
0.5 22.1 1.3 -
-
26
State Transit Assistance: Revenue Share Population Share Interest
12.8 8.7 -
13.9 9.2 -
1.3
27
SAFE
32.5
19.3
7.3
28
Prop. A, C, TDA Administration
-
0.9
4.8
30.3 37.5 0.5 0.2 0.2 2.5 1.4 43.9 -
17.8 37.5 0.5 0.3 1.4 1.4 49.6 15.3
982.4
982.4
10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25
29 30 31 32 33 34 35 36 37 38 39 40
General Fund: Sales/leaseback Right-of-Way Lease HOV Fines Interest Employee Activities FAU Ridesharing General CNG Fuel Credits Other: Debt Service
41
Benefit Assessment Districts (6)
42
Pension Plans (Jointly Administered) (6) (1) (2) (3) (4) (5) (6) (7)
28.6 162.3 (3) 4.7 (4) 2.1
15.1 42.4 4.1 0.6 49.8 35.7 (5) 987.8
(7)
84.6
84.6
84.6
(7)
711.1
711.1
711.1
(7)
Swap in FY07 with STA windfall. Committed to capital rail rehabilitation program. $41.4 million committed to outstanding encumbrances. Proposed in FY08 budget for security reserve. Proposed in FY08 budget for bus operating reserve. FY06 ending balance used for budgeting purposes. Fully committed.
34 • Fund Balances
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
FY08 LACMTA Financial Organization Chart
LACMTA BOARD OF DIRECTORS
Board Secretary
Ethics Officer
County Counsel
CHIEF EXECUTIVE OFFICER
Inspector General
Board Relations, Policy & Research
ECONOMIC DEVELOPMENT
MANAGEMENT AUDIT SERVICES
FINANCIAL SERVICES
ADMINISTRATIVE SERVICES
New Business Development
Audit Support & Research Services
Office of Management & Budget
Information Technology Services
TAP Operations
Internal Audit
Finance & Treasury
Human Services
Real Estate Administration
Compliance Audit
Accounting
Procurement & Material Management
IT Audit
Risk Management
Diversity & Economic Opportunity
CONSTRUCTION PROJECT MANAGEMENT
TRANSIT OPERATIONS RAIL
TRANSIT OPERATIONS BUS
COUNTYWIDE PLANNING & DEVELOPMENT
COMMUNICATIONS
Capital Development
Wayside Systems
Operations Central Instruction
Long Range Planning & Coordination
Customer Communications
Project Support
Transportation
Manpower Systems & Support
Programming & Policy Analysis
Customer Relations
Project Administration
Fleet Services
Service Development Performance Analysis
Trans. Development & Implementation
Public Relations
Transit Systems Engineering
Safety & Security
Regional Communications Programs
Rail & Bus Operations Control
Facilities
Government Relations
Operations Labor Relations
Creative Services
Metro Bus Service Sectors
Customer Programs & Services
San Fernando Valley Service Sector
San Gabriel Valley Service Sector
Vehicle Technology
Central Maintenance
Gateway Cities Service Sector
Westside/Central Service Sector Motorist Services
South Bay Service Sector
Contract Services
* represents financial hierarchy, not necessarily reporting hierarchy
Proposed FY08 Budget
FY08 LACMTA Financial Organization Chart • 35
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Summary of Budgeted FTEs FY06 Budget 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47
FY07 Budget
FY08 Proposed
Metro Bus Operations San Fernando Valley Service Sector San Gabriel Valley Service Sector Gateway Cities Service Sector South Bay Service Sector West Side/Central Service Sector Contract Services Manpower-Transit Ops Operations Central Instruction Service Development Performance Analysis Safety And Transit Security Central Maintenance Vehicle And Systems Technology Facilities Motorist Services Operations Labor Relations Metro Bus Operations Total
1,071 961 1,027 1,206 1,371 4 17 80 80 114 328 32 159 9 7 6,466
1,117 1,073 1,033 1,178 1,308 4 17 82 62 111 335 33 159 9 13 6,534
1,118 1,072 1,038 1,173 1,310 4 16 83 59 111 372 32 153 8 13 6,562
Metro Rail Operations Wayside Systems Transportation Fleet Services Transit Systems Engineering Rail & Bus Operations Control Metro Rail Operations Total
385 329 330 45 86 1,174
388 336 346 28 87 1,185
388 337 345 28 87 1,185
26 30 48 104
26 31 57 114
25 31 58 114
Construction Project Management Capital Development Project Support Project Administration Construction Project Management Total
27 13 48 88
25 14 47 86
25 14 47 86
Communications Customer Communications Customer Relations Public Relations Regional Communications Program Government Relations Creative Services Customer Programs & Services Communications Total
30 103 18 16 6 14 28 215
30 103 18 18 6 14 28 217
37 103 19 15 7 14 28 223
Countywide Planning & Development Long Range Planning & Coordination Programming & Policy Analysis Trans Development & Implementation Countywide Planning & Development Total
36 • Summary of Budgeted FTEs
Change from FY07 1 (1) 5 (5) 2 (1) 1 (3) 37 (1) (6) (1) 28
1 (1) -
(1) 1 -
-
7 1 (3) 1 6
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
FY06 Budget 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87
FY07 Budget
FY08 Proposed
Change from FY07
Financial Services Office of Management & Budget Finance & Treasury Accounting Risk Management Financial Services Total
19 64 79 47 209
19 62 78 61 220
19 65 78 61 223
Administrative Services Information Technology Services Human Services Procurement & Material Management Diversity & Economic Opportunity Administrative Services Total
132 168 226 22 548
130 153 223 22 528
130 152 228 22 532
Economic Development New Business Development TAP Operations Real Estate Administration Economic Development Total
3 1 20 24
7 1 20 28
7 1 20 28
Management Audit Audit Support & Research Services Internal Audit Compliance Audit IT Audit Management Audit Total
13 5 8 4 30
7 10 7 4 28
8 9 6 5 28
-
Office of the Chief Executive Officer Board Relation, Policy, Research & Library Service Chief Executive Officer Office of the Chief Executive Officer Total
12 1 13
10 1 11
10 1 11
-
Board of Directors Board Secretary Ethics Office County Counsel Inspector General Board of Directors Total
12 7 4 23 46
11 7 4 23 45
11 7 4 23 45
-
8,917
8,996
9,037
Agency Total
Proposed FY08 Budget
3 3
(1) 5 4
-
1 (1) (1) 1
41
Summary of Budgeted FTEs • 37
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Metro Summary FTE & Expenditures Budget FTEs 1 2 3 4 5 6 7 8 9 10 11 12
Metro Bus Operations Metro Rail Operations Countywide Planning & Development Construction Project Management Communications Financial Services Administrative Services Economic Development Management Audit Office of the Chief Executive Officer Board of Directors Agency Total
FY06 Budget $ 6,466 $ 1,174 104 88 215 209 548 24 30 13 46 $ 8,917 $
Expenditures (Amounts in thousands) 13 14 15 16 17 18 19 20 21 22 23 24
Metro Bus Operations Metro Rail Operations Countywide Planning & Development Construction Project Management Communications Financial Services Administrative Services Economic Development Management Audit Office of the Chief Executive Officer Board of Directors Agency Total
$
$
Expenditure Types (Amounts in thousands) 25 26 27 28 29 30 31 32 33 34 35
Wages & Benefits Services Purchased Transportation Fuel, Lubricants & Propulsion Power Materials & Supplies Casualty & Liability Other Support Acquisitions Subsidies Debt Agency Total
$
$
FY07 FY08 Budget Proposed 6,534 $ 6,562 1,185 1,185 114 114 86 86 217 223 220 223 528 532 28 28 28 28 11 11 45 45 8,996 $ 9,037
FY06 FY07 FY08 Actual Budget Proposed 989,607 $ 1,110,818 $ 1,146,115 170,363 203,300 198,772 728,759 826,046 839,624 189,091 242,531 198,100 33,111 38,295 41,910 306,518 360,319 364,317 86,368 73,556 78,750 26,998 55,253 52,434 3,933 3,895 3,936 2,738 2,665 2,334 16,252 23,147 26,977 2,553,739 $ 2,939,826 $ 2,953,270 *
FY06 FY07 FY08 Actual Budget Proposed 771,114 $ 814,562 $ 837,185 193,150 264,605 257,918 33,587 35,585 36,181 73,857 85,323 80,519 92,641 88,046 104,476 47,672 49,449 60,840 37,547 44,126 50,973 306,301 439,766 380,104 729,781 821,891 841,248 268,090 296,473 303,827 2,553,739 $ 2,939,826 $ 2,953,270 *
*Excludes $167.6 million for Exposition Metro Line Construction Authority
38 • Metro Summary FTE & Expenditures Budget
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
This page is intentionally left blank.
Proposed FY08 Budget
Metro Summary FTE & Expenditures Budget • 39
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
FY08 Debt Service Schedule Budgeted Debt
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61
Principal Adjustments
Transaction Name 1991-B Refunding 1992-A Refunding 1996-A New Money 1997-A Refunding 1999-A Forward Refunding 1999-B New Money 1999-C Refunding 2001-A New Money 2001-B Refunding 2003-A Forward Refunding 2003-B Refunding 2005-A New Money 2005-B Refunding 2005-C Refunding 2007-A Refunding 1996 Refunding Prop A Commercial Paper Prop A Debt Sub-Total
Initial PAR Value 281,425,000 98,700,000 110,580,000 256,870,000 160,205,000 150,340,000 170,495,000 55,685,000 191,215,000 273,505,000 243,795,000 242,795,000 43,655,000 265,825,000 46,635,000 104,715,000 350,000,000 3,046,440,000
Principal Balance as of 6/30/07 65,510,000 61,200,000 54,495,000 140,255,000 29,255,000 167,870,000 15,425,000 178,420,000 238,625,000 243,795,000 238,345,000 43,655,000 265,825,000 46,635,000 109,948,000 1,899,258,000
1992-A New Money 1993-A Refunding 1995-A New Money 1998-A Refunding 1999-A New Money 2000-A New Money 2003-A Refunding 2003-B Refunding 2003-C Refunding 2004-A New Money 2006-A Refunding Prop C Commercial Paper Local Allocation -- City of Los Angeles Prop C Debt Sub-Total
516,855,000 204,095,000 250,000,000 219,710,000 124,805,000 161,995,000 94,840,000 170,775,000 221,850,000 176,345,000 129,385,000 150,000,000 21,700,000 2,442,355,000
13,450,000 195,650,000 13,655,000 219,710,000 108,650,000 22,045,000 68,835,000 168,075,000 214,850,000 171,035,000 129,385,000 77,254,000 4,340,000 1,406,934,000
-
-
-
-
-
-
-
-
13,450,000 1,185,000 6,630,000 2,915,000 3,245,000 8,945,000 375,000 1,625,000 3,290,000 385,000 2,825,000 2,170,000 47,040,000
2000 Breda Lease (Norwest) 2000 Breda Lease (CIBC) 2000 Breda Lease (Comerica) 2001 Agilent Lease 2001 Comerica Lease 2002 Textron Lease 2002 Philip Morris Lease 2002 First Hawaiian Lease 2003 Fleet Lease Capitalized Leases Debt Overhead Costs Other Debt Sub-Total
64,882,355 13,780,433 87,396,529 264,054,348 75,742,288 114,779,263 384,088,739 65,774,837 89,632,800 96,848,132 1,256,979,725
49,781,112 11,093,527 67,107,788 41,711,377 90,346,210 19,585,645 319,687,373 75,143,407 100,505,173 13,895,708 788,857,320
-
-
-
-
1,845,958 1,200,793 2,477,295 3,864,583 29,770,851 2,535,893 3,307,713 3,367,421 48,370,506
2005 Capital Grant Revenue Grant Revenue Debt Sub-Total
264,885,000 264,885,000
239,710,000 239,710,000
-
-
-
-
47,750,000 47,750,000
-
191,960,000 191,960,000
2003 Workers Comp 1996-A Refunding (USG) 2004-A Refunding (USG) General Revenue Debt Sub-Total
88,485,000 185,735,000 197,050,000 471,270,000
52,040,000 188,350,000 240,390,000
-
-
-
-
12,330,000 4,100,000 16,430,000
-
39,710,000 184,250,000 223,960,000
Enterprise Fund Debt Total
7,481,929,725
4,575,149,320
1993-A CRA Housing 2002-A CRA Redevelopment Refunding Prop A General Fund Debt Sub-Total
9,454,406 20,920,000 30,374,406
8,457,535 19,005,000 27,462,535
62
MTA Debt Total
7,512,304,130
4,602,611,855
63 64 65 66 67
1992-A Bnft Assmt. Dist. A1 2001-A Bnft Assmt. Dist. A1 Refunding 2001-A Bnft Assmt. Dist. A2 Refunding Agency Fund Sub-Total
154,055,000 42,465,000 6,705,000 203,225,000
18,905,000 41,560,000 3,175,000 63,640,000
68 69
Interim Commercial Paper Financing -
New New Financing Financing Cost -
-
-
-
-
-
Commer. Paper Refunding -
-
Total 7,715,529,130 4,666,251,855 Footnotes 1 - Debt service is paid from Prop A 35% Sales Tax Revenue and is to be reimbursed from net revenues of the project. 2 - Interest expense is calculated using a 3.75% interest rate. 3 - Interest expense is calculated using a 3.75% interest rate for tax-exempt notes and a 5.75% interest rate for taxable notes.
40 • FY08 Debt Service Schedule
-
Principal Payment FY08 12,450,000 11,900,000 4,770,000 7,735,000 2,825,000 505,000 1,135,000 75,000 12,080,000 5,515,000 4,770,000 1,350,000 5,698,000 70,808,000
230,398,506 234,932 590,000 824,932
-
231,223,438 18,905,000 180,000 1,020,000 20,105,000
-
251,328,438
Accreted Interest 2,777,017 6,510,114 1,281,259 16,776,056 4,952,560 6,812,579 39,109,585
39,109,585 39,109,585 39,109,585
Principal Balance as of 6/30/08 53,060,000 49,300,000 49,725,000 132,520,000 26,430,000 167,365,000 14,290,000 178,345,000 226,545,000 243,795,000 232,830,000 38,885,000 264,475,000 46,635,000 104,250,000 1,828,450,000 194,465,000 7,025,000 219,710,000 105,735,000 18,800,000 59,890,000 167,700,000 213,225,000 167,745,000 129,000,000 74,429,000 2,170,000 1,359,894,000 47,935,154 9,892,734 64,630,493 44,488,394 92,991,741 20,866,905 306,692,578 77,560,075 104,010,038 10,528,287 779,596,399
4,383,860,399 8,222,603 18,415,000 26,637,603 4,410,498,002 41,380,000 2,155,000 43,535,000 4,454,033,002
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Principal 12,450,000 11,900,000 4,770,000 7,735,000 2,825,000 505,000 1,135,000 75,000 12,080,000 5,515,000 4,770,000 1,350,000 5,698,000 70,808,000
Interest 3,448,900 2,888,980 16,000 6,714,488 1,263,799 8,270,448 623,381 9,357,425 10,602,794 11,308,950 11,403,781 1,944,250 9,201,383 2,329,650 4,123,050 83,497,279
Total D/S P&I 15,898,900 14,788,980 4,786,000 14,449,488 4,088,799 8,775,448 1,758,381 9,432,425 22,682,794 11,308,950 16,918,781 6,714,250 10,551,383 2,329,650 9,821,050 154,305,279
Misc. Fees* 15,000 320,000 61,314 436,600 9,500 246,141 9,500 153,799 9,500 (1,078,919) (659,280) (458,034) (421,605) 771,054 15,000 37,149 660,000 126,719
Total D/S Expense 15,913,900 15,108,980 61,314 5,222,600 14,458,988 4,334,940 8,784,948 1,912,180 9,441,925 21,603,875 10,649,670 16,460,747 6,292,645 11,322,437 2,344,650 37,149 10,481,050 154,431,998
Enterprise Fund 15,913,900 15,108,980 61,314 5,222,600 14,458,988 4,334,940 8,784,948 1,912,180 9,441,925 21,603,875 10,649,670 16,460,747 6,292,645 11,322,437 2,344,650 37,149 10,481,050 154,431,998
13,450,000 1,185,000 6,630,000 2,915,000 3,245,000 8,945,000 375,000 1,625,000 3,290,000 385,000 2,825,000 2,170,000 47,040,000
10,024,671 414,475 11,234,875 5,017,288 931,475 3,026,488 5,977,278 7,524,047 8,079,093 5,900,450 3,742,105 93,310 61,965,555
13,450,000 11,209,671 7,044,475 11,234,875 7,932,288 4,176,475 11,971,488 6,352,278 9,149,047 11,369,093 6,285,450 6,567,105 2,263,310 109,005,555
5,000 680,000 5,000 5,000 5,000 194,730 7,500 (384,105) 679,777 (162,991) (101,555) 346,500 1,279,856
13,455,000 11,889,671 7,049,475 11,239,875 7,937,288 4,371,205 11,978,988 5,968,173 9,828,824 11,206,102 6,183,895 6,913,605 2,263,310 110,285,411
13,455,000 11,889,671 7,049,475 11,239,875 7,937,288 4,371,205 11,978,988 5,968,173 9,828,824 11,206,102 6,183,895 6,913,605 2,263,310 110,285,411
1,845,958 1,200,793 2,477,295 3,864,583 29,770,851 2,535,893 3,307,713 3,367,421 48,370,506
1,394,840 819,383 1,881,932 -
446,701 4,542,856
3,240,798 2,020,175 4,359,227 3,864,583 29,770,851 2,535,893 3,307,713 3,814,122 52,913,362
750,000 750,000
3,240,798 2,020,175 4,359,227 3,864,583 29,770,851 2,535,893 3,307,713 3,814,122 750,000 53,663,362
47,750,000 47,750,000
7,862,888 7,862,888
55,612,888 55,612,888
(431,551) (431,551)
12,330,000 4,100,000 16,430,000
1,666,477 6,450,593 8,117,070
13,996,477 10,550,593 24,547,070
56 57 58 59 60 61
230,398,506
165,985,648
234,932 590,000 824,932
62 63 64 65 66 67 68 69
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55
General Fund -
Agency Fund -
-
-
-
-
-
-
-
-
3,240,798 2,020,175 4,359,227 3,864,583 29,770,851 2,535,893 3,307,713 3,814,122 750,000 53,663,362
-
-
55,181,337 55,181,337
55,181,337 55,181,337
-
-
146,402 495,596 620,808 1,262,806
14,142,879 495,596 11,171,401 25,809,876
14,142,879 495,596 11,171,401 25,809,876
-
-
396,384,154
2,987,830
399,371,984
399,371,984
486,056 953,039 1,439,095
720,988 1,543,039 2,264,027
1,000 1,000 2,000
721,988 1,544,039 2,266,027
231,223,438
167,424,743
398,648,181
2,989,830
401,638,011
18,905,000 180,000 1,020,000 20,105,000
557,698 1,607,575 106,425 2,271,698
19,462,698 1,787,575 1,126,425 22,376,698
9,500 157,596 46,057 213,153
19,472,198 1,945,171 1,172,482 22,589,851
251,328,438
169,696,441
421,024,879
3,202,983
424,227,862
399,371,984 399,371,984
721,988 1,544,039 2,266,027 2,266,027 2,266,027
Foot notes
2
3
4
6
-
1 1
19,472,198 1,945,171 1,172,482 22,589,851
5 5 5
22,589,851
4 - The interest expense budgeted for the 2005 Capital Grant Revenue Bonds is net of earnings from the Debt Service Reserve Fund. 5 - The Benefit Assessment District debt service is solely an obligation of the respective Districts and is paid from assessments levied within each district. 6 - Debt service for the 2004 Union Station Gateway bonds is treated as rent and is reimbursed to the Enterprise Fund through the overhead allocation process. * Includes amortized issuance costs, bond discounts & premiums.
Proposed FY08 Budget
FY08 Debt Service Schedule • 41
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Propositions A & C, and TDA Administration Expenditures and Funding REVENUE SOURCE
Project
Task Name
1
Beginning Fund Balance
2
Transfers Carryover
3 4
FY08 Proposed $
Prop A Administration -
(2,272,833) $
-
$
PPM (Planning and Programming Monitoring) & Other (1)
TDA Planning and Programming
TDA Administration
Total Allocation
- $
- $
- $ (2,272,833)
2,481,760
745,562
-
-
-
3,227,323
Revenues for the year - Actual
34,709,672
10,414,221
2,287,340
3,712,660
4,516,568
55,640,460
Available funds
34,918,599
11,159,783
2,287,340
3,712,660
4,516,568
56,594,950
-
22,247,236
-
$
Prop C Administration
5 6 7
100002-Governmental/Oversight General Oversight
8
Legal Expenses
9
Transportation Foundation
10
Treasury Oversight
11
Total Project 100002
22,247,236
22,247,236
190,000
190,000
-
-
-
-
1,952
1,952
-
-
-
-
-
-
-
1,952
206,585
206,585
-
-
-
-
206,585
22,645,773
22,645,773
-
-
-
-
22,645,773
190,000
12 13 100012-Prop A & C Audit 14 15
Prop A & C Audit Total Project 100012
51,280
25,640
25,640
-
-
-
51,280
51,280
25,640
25,640
-
-
-
51,280
16 17 100050-Administration-Special Revenue Planning 18 19
G&A Costs Total Project 100050
3,666,307
-
3,666,307
-
-
-
3,666,307
3,666,307
-
3,666,307
-
-
-
3,666,307
20 21 100060-Admin.-General Planning 22 23
G & A Costs Total Project 100060
8,035,526
5,511,529
2,523,997
-
-
-
8,035,526
8,035,526
5,511,529
2,523,997
-
-
-
8,035,526
24 25 400228-Regional Downtown Connector 26 27
Regional Downtown Connector Total Project 400228
367,239
-
-
-
367,239
-
367,239
367,239
-
-
-
367,239
-
367,239
28 29 400229-Harbor Subdivision AA 30
Harbor Subdivision AA
243,862
-
243,862
-
-
-
243,862
31
Total Project 400229
243,862
-
243,862
-
-
-
243,862
32 33 400231-DMU Tech Feasibility Study 34 35
DMU Tech Feasibility Study Total Project 400231
20,138
-
20,138
-
-
-
20,138
20,138
-
20,138
-
-
-
20,138
36 37 400232- Eastside Extension 38 39
Eastside Extension Total Project 400232
296,304
-
296,304
-
-
-
296,304
296,304
-
296,304
-
-
-
296,304
40 41 402130-Disparity Study-Contracting 42 43
Disparity Study-Contracting Total Project 402130
500,000
500,000
-
-
-
-
500,000
500,000
500,000
-
-
-
-
500,000
44 45 405510-Other Planning and Programming - Admin. 46
Consolidated Audit Services
498,246
134,073
134,073
230,099
-
-
498,246
47
Triennial Audit Management
496,771
-
-
496,771
-
-
496,771
14,076
-
14,076
-
-
-
14,076
188,598
94,299
94,299
-
-
-
188,598
48
HOV Administration
49
Prop A/C Administration
50
Grants Administration
988,169
-
-
500,548
-
487,621
988,169
51
TDA Article 3 & 8
119,393
-
-
119,393
-
-
119,393
52
TIP Administration
53
STIP PPM
915,219
-
-
-
-
915,219
915,219
1,089,851
-
-
-
-
1,089,851
1,089,851
54
Government Coordination / Outreach.
628,672
-
628,672
-
-
-
628,672
55
Bus System Improvements Plan
201,927
201,927
-
-
-
-
201,927
56
Station Planning/Joint Develop
226,116
-
226,116
-
-
-
226,116
57
Bike Parking Racks & Lockers
156,423
-
-
-
156,423
-
156,423
58
Art Program
170,291
-
170,291
-
-
-
170,291
59
Public Outreach
15,322
7,661
7,661
-
-
-
15,322
60
General Planning
1,041,822
-
-
-
1,041,822
-
1,041,822
61
General Commuter Program
62
Increase customer awareness Program
63
Total Project 405510
42 • Propositions A & C, and TDA
3,301 1,984,158 8,738,354
-
3,301
-
3,301
-
1,984,158
-
-
-
1,984,158
3,262,647
1,346,811
1,198,245
2,492,691
8,738,354
437,960
-
-
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
REVENUE SOURCE
64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121
Project Task Name 405511-Transit Planning - Admin. SHORE Program Support Long Range Plan Update Smart Shuttle Municipal Funding & Coordination. Admin. NTD Report - Local Cities Restructuring Study Bus Service Improvements Metro Rapid Bus (BSP) Bus Service Efficiency & Effectiveness Transit Planning Rapid Bus Planning (BRT) Research Railvolution ADA Compliance Research & Development Metro Access - South Bay - Pedestrian/Bicycle GIS Work for Planning Studies Total Project 405511
FY08 Proposed $
Prop A Administration
37,633 $ 1,476,849 11,825 338,830 235,502 515,315 438,621 416,225 282,608 650,660 10,000 27,360 37,064 86,302 37,866 450,726 5,053,386
Prop C Administration
- $ 11,825 112,943 67,789 438,621 334,073 965,251
TDA Administration
37,633 $ 112,943 11,413 515,315 416,225 27,360 1,120,889
PPM (Planning and Programming Monitoring) & Other (1)
TDA Planning and Programming
- $ 112,943 156,301 29,196 7,088 305,529
- $ 253,411 309,499 37,064 37,866 637,840
Total Allocation
- $ 37,633 1,476,849 1,476,849 11,825 338,830 235,502 515,315 438,621 416,225 282,608 650,660 10,000 10,000 27,360 37,064 86,302 86,302 37,866 450,726 450,726 2,023,877 5,053,386
405518-Red Line Westside Extension Red Line Westside Extension Total Project 405518
621,247 621,247
-
-
-
621,247 621,247
-
621,247 621,247
407001-SR91/I-605 Corridor SR91/I-605 Corridor Total Project 407001
250,000 250,000
-
-
-
250,000 250,000
-
250,000 250,000
55,000 55,000
-
-
-
55,000 55,000
-
55,000 55,000
407003-OCTA Partnership Improvement OCTA Partnership Improvement Total Project 407003
125,000 125,000
-
-
-
125,000 125,000
-
125,000 125,000
407004-I-10 South Master Plan I-10 South Master Plan Total Project 407004
120,000 120,000
-
-
-
120,000 120,000
-
120,000 120,000
407007-South Bay Goods Movement South Bay Goods Movement Total Project 407007
100,000 100,000
-
-
-
100,000 100,000
-
100,000 100,000
407008-Gateway COG Gateway COG Total Project 407008
238,089 238,089
-
-
-
238,089 238,089
-
238,089 238,089
410053-TDA Subsidy (SCAG & LA County Auditor/Controller) SCAG & LA County Auditor/Controller Total Project 410053
635,000 635,000
-
-
635,000 635,000
-
-
635,000 635,000
19,478 19,478
19,478 19,478
-
-
-
-
19,478 19,478
51,781,982
30,105,632
11,159,783
2,287,340
3,712,660
4,516,568
51,781,982
407002-South Bay Transit Corridor South Bay Transit Corridor Total Project 407002
609911-Transit Academy/TOPS TOP Total Project 609911 Total Expenditures/Allocations Remaining balance at June 30, 2008
$
- $
4,812,968 $
- $
- $
-
- $
- $ 4,812,968
(1) Other in PPM & Other Revenue Source is a $10,000 Planning Research-Rapid Bus, BRT Federal Grant.
Proposed FY08 Budget
Propositions A & C, and TDA • 43
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Summary of Revenue & Carryover by Source (Amounts in thousands) Revenue Source 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29
Sales Tax Revenues Proposition A Administration Local Return (25%) Rail - Set Aside (35%) Discretionary (95% of 40%) Incentive (5% of 40%) Total proposition A
Carryover
$
Proposition C Administration Local Return (20%) Security (5%) Commuter Rail (10%) Streets & Highways (25%) Discretionary (40%) Total proposition C Transportation Development Act - TDA Administration Article 3 - (2%) Article 4 - (92.68%) Article 8 - (5.32%) Total TDA State Transit Assistance - STA Revenue Share - PUC 99314 Population Share - PUC 99313 Total STA**
30 Total Sales Tax 31 32 Intergovernmental 33 Local Funds 34 City of LA. 35 Local* 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62
Total local funds State Funds State Regional STIP State Highway Account TCRP, AB 2928 (State Traffic Congestion Relief Program) STIP - PPM Freeway Service Patrol - State/Local Grant State - Homeland Security State Other Total state funds Federal Funds Federal Section 5309 [ 3 ] Capital - New Starts Federal Section 5309 [ 3 ] Fixed Guideways Federal Section 5309 [ 3 ] Bus Facilities Federal Section 5307 [ 9 ] Congestion Mitigation & Air Quality CMAQ Federal TEA Regional Surface Transp. Funds (RSTP) Federal STP Growing State Rail Prev. Maint. Sec. 5340 Federal Homeland Security Job Access Reverse Commute (JARC) S3035 New Freedoms S5316, S5317 Federal Other Total federal funds Total Intergovernmental Balance to following page
$
Fiscal Year 2006 Actual Total
Spent
2,245 $ 38,739 79,550 19,271 139,805
33,449 $ 158,884 222,437 241,503 12,711 668,984
35,694 $ 158,884 261,177 321,053 31,981 808,789
30,968 158,884 193,663 249,185 11,397 644,096
1,090 5,529 49,649 189,869 51,145 297,283
10,035 131,798 32,949 65,899 164,747 263,596 669,025
11,126 131,798 38,479 115,548 354,616 314,741 966,307
12,994 125,613 1,806 140,413
6,000 6,655 308,204 17,882 338,742
47,341 14,792 62,133 639,633
Carryover
$
Fiscal Year 2007 Budget Total
Programmed
4,726 $ 5,828 67,513 3,224 20,585 101,877
33,375 158,532 221,944 240,968 12,683 667,502
38,101 $ 164,360 289,458 244,192 33,267 769,379
35,677 164,360 201,212 155,668 13,149 570,066
9,290 131,798 31,783 65,573 178,715 208,881 626,040
1,836 4,855 6,696 50,227 192,692 105,860 362,167
10,014 131,515 32,879 65,757 164,393 263,029 667,587
11,850 136,370 39,575 115,985 357,085 280,193 941,057
6,000 19,649 433,817 19,689 479,154
6,000 1,523 289,051 16,745 313,320
29 478 22,119 1,297 23,924
6,000 6,656 308,100 18,068 338,825
34,378 27,867 62,245 1,738,995
81,719 42,659 124,378 2,378,628
37,920 23,034 60,954 1,644,410
12,760 8,698 21,458 509,425
-
5,438 1,325 6,763
5,438 1,325 6,763
-
175,998 -
5,438 1,325 6,763 175,998 -
175,998
Carryover
Programmed
209 $ 1 88,246 58,533 20,118 167,107
34,710 164,871 230,819 250,604 13,190 694,193
34,919 164,872 319,065 309,137 33,308 861,301
30,104 164,872 285,065 275,682 18,132 773,855
10,014 136,370 30,736 76,691 188,290 332,981 775,082
746 (1) 8,839 39,294 68,335 72,293 189,506
10,414 136,773 34,193 68,387 170,967 273,547 694,281
11,160 136,772 43,033 107,680 239,302 345,840 883,787
11,160 136,772 38,318 79,092 239,302 223,469 728,113
6,029 7,134 330,220 19,366 362,749 -
6,000 6,897 324,219 18,720 355,836
477 22,103 1,313 23,893
6,000 6,927 320,395 19,051 352,373
6,000 7,404 342,498 20,364 376,266
6,000 7,404 342,498 20,364 376,266
90,140 86,783 176,923 1,850,837
102,900 95,481 198,382 2,271,566
92,968 87,576 180,544 1,881,528
13,930 9,216 23,146 403,652
31,630 25,428 57,058 1,797,906
45,560 34,644 80,204 2,201,558
45,560 34,644 80,204 1,959,138
-
4,277 133 4,410
4,277 133 4,410
4,277 134 4,411
-
20,063 20,063
20,063 20,063
20,063 20,063
-
70,991 157
70,991 157
71,011 159
-
131,811 181
131,811 181
131,811 181
98,808
98,808
98,808
65,017
65,017
65,017
3,687
3,687
4,776
5,980
5,980
5,980
9,500
9,500
9,500
11,112
11,112
11,112
-
14,895
14,895
14,895
-
-
-
-
-
7,038
7,038
7,038
-
137 3,907 201,974
3,907 201,974 -
3,907 201,837
-
183,142
183,142
184,254
-
3,328 217,429
3,328 217,429
3,328 217,429
-
120,958
120,958
120,958
-
100,000
100,000
100,000
-
129,000
129,000
129,000
-
31,150
31,150
31,150
-
47,254
47,254
47,255
-
39,400
39,400
39,400
-
6,559
6,559
6,559
-
11,952
11,952
11,952
-
7,239
7,239
7,239
-
219,611
219,611
219,611
-
134,257
134,257
134,257
-
148,528
148,528
148,528
-
104,017
104,017
103,683
-
93,201
93,201
93,320
-
55,424
55,424
55,424
-
1,330
1,330
1,330
-
207
207
207
-
-
-
-
-
-
-
-
-
492
492
492
-
1,272
1,272
1,272
-
-
-
-
-
-
-
-
-
-
-
1,948
1,948
1,948
-
-
-
-
485,572 485,572 485,239 694,309 694,309 693,839 639,633 $ 2,433,304 $ 3,072,938 $ 2,338,249
44 • Summary of Revenue & Carryover by Source
-
$
Fiscal Year 2008 Budget Total
-
$
-
1,484
1,484
1,484
6,731
6,731
6,400
-
6,400
6,400
6,731
-
836
836
836
-
68
68
3,795
-
2,946
2,946
2,946
208 208 1,554 1,554 403,809 403,809 591,361 591,361 509,425 $ 2,442,198 $ 2,862,927 $
325 1,554 407,772 596,437 2,477,965
$
-
-
-
6,400
6,400
6,400
157 157 856 856 392,059 392,059 629,551 629,551 403,652 $ 2,427,457 $ 2,831,109 $
157 856 392,059 629,551 2,587,989
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
(Amounts in thousands) Revenue Source 63 Balance from previous page 64 Investment Income 65 Prop A Interest 66 Prop C Interest 67 TDA Interest 68 STA Interest 69 General Fund - Interest Revenue 70 Sales Leaseback 71 Right of way lease revenues 72 SAFE - Interest Revenue 73 FAU Cash Interest 74 Interest Earned on Debt Service Funds 75 Interest revenues Transit Operations 76 Interest Earned on Capital Projects
Carryover $
Fiscal Year 2006 Actual Total
Spent
639,633 $ 2,433,304 $ 3,072,938 $ 2,338,249
Carryover $
Fiscal Year 2007 Budget Total
509,425 $ 2,442,198 $ 2,951,623 $
Programmed 2,477,965
Carryover $
Fiscal Year 2008 Budget Total
Programmed
403,652 $ 2,427,457 $ 2,831,109 $
2,587,989
(2,868) (9,942) 1,806 -
4,760 11,513 5,644 2,188 2,198 2,135 2,575 1,245 360 10,169 (577) 7,826
1,892 1,571 7,451 2,188 2,198 2,135 2,575 1,245 360 10,169 (577) 7,826
772 2,608 2,024 -
713 (1,651) 185 -
1,200 2,342 400 2,500 600 800 685 150 -
1,913 692 400 2,685 600 800 685 150 -
400 685 150 -
1,913 692 -
1,200 2,342 1,000 1,688 2,500 600 800 700 150 500 -
3,113 3,034 1,000 1,688 2,500 600 800 700 150 500 -
912 1,000 400 700 500 -
(11,004) 26,881 28,982 13 28,995
50,036 12,509 7,663 494 8,158
39,032 39,390 36,645 507 37,152
5,404 4,426 5,384 4,378 9,761
(753) 37,540 32,511 529 33,040
8,677 10,325 7,000 500 7,500
7,924 47,865 39,511 1,029 40,540
1,235 10,354 20,205 500 20,705
2,604 37,511 19,306 529 19,835
11,480 11,550 7,000 500 7,500
14,085 49,061 26,306 1,029 27,335
3,512 9,680 18,967 1,029 19,996
-
2,134 422 170 184 2,129 5,039 1 -
-
-
-
-
-
22,768 (10) 39,055 61,812 6,264 1,344
24,902 411 170 184 41,184 66,851 6,265 1,344
(5,397) 581
333 (4,483) 4,378 -
30,300 185 43,911 74,395 2,543 1,446
569 20,953 21,522 -
30,300 753 64,864 95,917 2,543 1,446
3,757 468 4,225 1,121 -
17,806 286 64,864 82,956 1,422 1,446
69,420
21,241 5,282 31,562
21,241 5,282 100,982
21,241 4,941 26,076
78,384
22,983 8,073 52,577
22,983 8,073 130,961
22,984 8,073 36,404
85,824
1,500 1,513 749 217 40 20,400 24,419 240 22,853 9,078 56,589
1,500 1,513 17,806 1,035 217 40 85,264 107,375 1,422 1,446 240 22,853 9,078 142,413
2,700 469 3,169 1,422 1,446 240 22,853 9,078 38,207
-
277,382 481 3,190 17,200 298,253
277,382 481 3,190 17,200 298,253
277,382 621 3,190 17,200 298,393
-
275,880 2,650 16,225 294,755
275,880 2,650 16,225 294,755
275,880 2,650 16,225 294,755
-
286,603 2,915 15,200 304,718
286,603 2,915 15,200 304,718
286,603 2,915 15,200 304,718
458 455 1,713 1,085 2,724 6,435 6,435 2,840,258
458 455 1,713 1,085 2,724 6,435 6,435 3,594,182
458 455 1,713 1,085 2,724 6,435 6,435 2,688,745
530 550 439 750 1,011 500 3,780 3,780 2,819,812
530 550 439 750 1,011 500 3,780 3,780 3,388,753
530 550 439 750 1,011 500 3,780 3,780 2,845,198
530 550 450 650 3,000 500 5,680 5,680 2,824,975
530 550 450 650 3,000 500 5,680 5,680 3,374,401
530 550 450 650 3,000 500 5,680 5,680 2,970,483
Fund/ISF 77 Total investment income 78 Lease and Rental 79 SAFE 80 HOV Lanes Fines 81 Total license and fines 82 Other 83 General fund revenues 84 Parking Fees - USG Building 85 Joint Development 86 Sales Leaseback 87 Employee Activities 88 Miscellaneous other 89 Surplus Property 90 Cafeteria, Vending at station 91 General fund 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125 126 127 128
Total General Fund Revenues FAU Cash Ridesharing AQMD Benefit Assessment District EZ Pass Program Total other Operating revenues: Fare Box Revenues - Passenger fares Route subsidies - Hollywood shuttle Metrolink Advertising Total operating revenues Non-operating revenues Other: Bus Parts/Scrap Sales Filming Fees County Buy down Rental - Bldg/Other Proceeds from Sales of Surplus Property Miscellaneous Total other Total non-operating revenue Total Revenues Other financing Sources Proceeds from financing Proposition A Rail Bonds/CP Proposition A Disc Bonds/CP Proposition Commuter Rail Bond/CP Proposition C Discretionary Bonds/CP Proposition C St & Hwys Bonds/CP Bridge/FFGA Financing Bonds General Revenue Bond Total proceeds from financing Proceeds from refunding bonds Total other financing sources Total revenues and carryovers*** $
753,925
-
9,518 9,518 9,518 5,976 5,976 5,976 285 285 285 15,779 15,779 15,779 15,779 15,779 15,779 753,925 $ 2,856,037 $ 3,609,961 $ 2,704,524
657,636
$
57,001 57,001 8,536 8,536 11,998 11,998 25,409 25,409 73,310 73,310 15,669 15,669 1,302 1,302 193,225 193,225 193,225 193,225 657,636 $ 3,013,037 $ 3,670,675 $
57,003 8,541 12,005 25,418 73,334 15,715 1,304 193,321 193,321 3,038,518
549,426
-
$
19,570 19,570 3,831 3,831 60,413 60,413 135 135 83,948 83,948 83,948 83,948 549,426 $ 2,905,092 $ 3,454,518 $
NOTE: Intergovernmental funds are on reimbursement basis; therefore, no carryover balances are assumed. * Includes non-cash items ** State sales tax *** Includes non-cash items for debt $2,892,147.
Proposed FY08 Budget
Summary of Revenue & Carryover by Source • 45
-
19,570 3,831 60,413 135 83,948 83,948 3,053,731
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Public Transportation Services Corporation In December 1996, LACMTA created the Public Transportation Services Corporation (PTSC), a nonprofit public benefit corporation organized under the laws of the state. PTSC was created in order to transfer certain functions, currently performed by the LACMTA, and the employees related to those functions, to this new corporation. The PTSC conducts essential public transportation activities including but not limited to the following: (a) coordinates multi-modal multi-jurisdictional transportation planning, (b) programs Federal, state and local funds for transportation projects
46 • Public Transportation Services Corporation
county-wide within Los Angeles County, (c) oversees construction, (d) provides certain business services to the County’s Service Authority for Freeway Emergencies (SAFE) and the Southern California Regional Rail Authority (SCRRA), (e) provides security services to the operation of the Metro Bus and Rail systems, and (f) provides other activities and services as it deems necessary. One advantage of the PTSC is that it allows the employees of the corporation, including those transferred from the LACMTA, to participate in the California Public Employees Retirement System (PERS).
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Statement Of Revenues, Expenses and Changes in Retained Earnings For The Years Ending June 30, 2006, 2007 and 2008. (Amounts in millions)
PTSC Only 1 Revenue: 2 Reimbursement for support services 3 Total revenue 4 5 Operating expenses: 6 Salaries, wages & fringe 7 Services, leases, taxes & misc 8 Total expenses 9 10 Increase(decrease) in retained earnings 11 12 Retained earnings - beginning of year 13 14 Retained earnings - end of year
Proposed FY08 Budget
FY06 Actual $
$
171.7 171.7
FY07 Budget $
177.1 177.1
FY08 Proposed $
187.3 187.3
171.5 0.3 171.7
176.9 0.3 177.1
187.0 0.3 187.3
-
-
-
-
-
-
-
$
-
$
-
Public Transportation Services Corporation • 47
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Agency Fund The Agency Fund is used to report Benefit Assessment financial activity. A Benefit Assessment is a fee used to pay part or all of the cost of capital improvements enhancing the value of property receiving service from, or located near and benefiting from, those capital improvements. Metro’s Benefit Assessment is a levy on properties within one-half mile of downtown Metro Heavy Rail stations and one-third mile of the Westlake/ MacArthur Park Station. Metro’s Benefit Assessment Districts (BAD) A1 and A2 were created pursuant to a resolution adopted by the former Southern California Rapid Transit District’s Board of Directors on July 11, 1985 to pay for a portion of the construction costs of the Metro Heavy Rail Segment 1 stations. BAD A1 includes the
48 • Agency Fund
downtown area of Los Angeles. The boundary is set at one-half mile from the centers of the Metro Heavy Rail stations at Union, Civic Center, Pershing Square, and 7th Street Metro Center. BAD A2 includes the MacArthur Park area. The boundary is set at one-third mile from the center of the Westlake/MacArthur Park Station. The purpose of the BAD Program is threefold: (1) to ensure that assessments are levied at a rate high enough to repay the A1 and A2 Assessment Districts’ bonded indebtedness and administrative costs, (2) to implement the property owner appeals process, and (3) to maintain a current inventory of assessable properties. The A1 and A2 Districts’ bonds do not constitute an indebtedness of the Metro and are payable solely from payments received on assessments against the levied properties.
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Statement of Revenues, Expenditures and Changes in Fund Balances For the Years Ending June 30, 2006, 2007 and 2008
Benefit Assessment District
(Amounts in millions)
FY06 Actuals
Agency Fund 1
Revenue:
2
Other
3
$
Total revenues
FY07 Budget
FY08 Proposed
23.5 $
23.0 $
22.9
23.5
23.0
22.9
23.2
22.6
22.6
0.2
0.4
0.3
23.5
23.0
22.9
-
-
-
-
-
-
4 5
Expenditures:
6
Debt and interest expenditures
7
General and administrative
8
Total expenditures
9 10
Net change in fund balances
11 12
Fund balances - beginning of year
13 14
Fund balances - end of year
Proposed FY08 Budget
$
-
$
-
$
-
Agency Fund • 49
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Service Authority for Freeway Emergencies The Los Angeles County Service Authority for Freeway Emergencies (SAFE) was established in Los Angeles County in 1988. SAFE is a separate legal authority created under state law and is responsible for providing motorist aid services in Los Angeles County. SAFE currently operates, manages and/or funds: • • • •
The Los Angeles County Kenneth Hahn Call Box System #399 – Mobile Call Box program Metro Freeway Service Patrol (FSP) Big Rig Demonstration Project The expansion of the Metro Freeway Service Patrol.
In FY08, SAFE will continue the operation and management of the call box system and the #399 program. SAFE will also continue its funding of the Metro FSP Big Rig Demonstration Project and the expansion of the Metro FSP program. SAFE also plans on completing an evaluation of the entire call box system and obtaining authorization to proceed with implementing the recommendations
50 • Service Authority for Freeway Emergencies
regarding the placement and number of call boxes throughout the County. Another item on SAFE’s agenda for FY08 is the implementation of a new Motorist Aid and Traveler Information System (MATIS). This new system will consolidate all call center operations, provide Metro FSP fleet monitoring services and provide comprehensive traveler information services via the web and phone (511). SAFE plans on having a contract awarded during the first quarter of FY08 and will begin the operation of MATIS during the third quarter of FY08. Additionally, SAFE is in the process of updating all the analog call boxes to digital in accordance with the discontinuance of the availability of any analog signals beginning in 2008. SAFE receives its funding from a dedicated $1 surcharge assessed on each vehicle registered within Los Angeles County. SAFE’s annual budget is developed and approved separately from Metro’s budget by the SAFE Board of Directors.
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
(Amounts in millions) FY06 Actual
Service Authority for Freeway Emergencies 1
FY07 Budget
FY08 Proposed
Revenue:
2
Investment income
3 4
$
1.2 $
0.7 $
0.7
Licenses and fines
7.7
7.0
7.0
Other
0.0
-
-
8.9
7.7
7.7
5
Total revenues
6
Expenditures:
7
Services
2.3
15.7
15.0
8
General and administrative
1.8
2.2
1.6
4.1
17.9
16.7
4.9
(10.2)
(9.0)
9
Total expenditures
10
Excess (deficiency) of revenue over
11 12
expense before transfers Other Financing Sources (Uses)
13
Operating Transfers in
-
-
14
Operating Transfer (out)
(1.3)
(3.0)
(3.0)
15
Total other financing and sources (uses)
(1.3)
(3.0)
(3.0)
16
Fund balances - beginning of year
29.0
32.5
19.3
17
Fund balances - end of year
32.5 $
19.3 $
Proposed FY08 Budget
$
7.3
Service Authority for Freeway Emergencies • 51
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Exposition Metro Line Construction Authority The Exposition Metro Line Construction Authority was created by the State Legislature under Public Utilities Code Section 132600, et seq. for the purpose of awarding and overseeing final design and construction contracts for completion of the Los Angeles-Exposition Metro Line light rail project from the Metro Rail Station at 7th Street and Flower Street in the City of Los Angeles to the downtown of the City of Santa Monica.
are appointed as follows: 1) two members appointed by the City Councils of the Cities of Santa Monica and Culver City, 2) two members appointed by the Los Angeles County Board of Supervisors, 3) one member appointed by Metro, and 4) two members appointed by the City Council of the City of Los Angeles. The CEO of Metro also serves as an ex officio, non-voting member.
The Authority is governed by a board consisting of seven voting members, who
52 • Exposition Metro Line Construction Authority
Proposed FY08 Budget
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
Statement of Revenues, Expenditures and Changes in Fund Balances For The Years Ending June 30, 2006, 2007, and 2008. (Amounts in millions) FY06 Actual
Exposition Metro Line Construction Authority 1
FY08 Proposed
Revenue: Reimbursement from Metro
2 3
FY07 Budget
$
Total revenue
20.2
$
121.1
$
173.9
20.2
121.1
173.9
3.7
6.6
7.2
4 5
Expenditures:
6
Expo & Metro Staff & Administration
7
Professional Services & Consultants
3.9
14.7
15.6
8
Real Estate Acquisition
1.7
20.3
18.3
9
Utility Relocation
10
Design/Build Contract
11
$
-
2.4
3.6
10.8
77.0
129.2
20.2
121.1
173.9
Increase(decrease) in retained earnings
-
-
-
Retained earnings - beginning of year
-
-
-
Total expenditures*
12 13 14 15 16 17
Retained earnings - end of year *
$
-
$
-
$
-
FY08 Proposed: Phase I is $167.6 million and Phase II is $6.3 million.
Proposed FY08 Budget
Exposition Metro Line Construction Authority • 53
Los Angeles County Metropolitan Transportation Authority Proposed FY08 Budget
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54 • Exposition Metro Line Construction Authority
Proposed FY08 Budget
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