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2014/15 Budget. Nevada County Department of Public Works Transit Services Division March 2014. Transit Services…. Rolling Forward on a Positive Path. Initial Service Assumptions FY 2014-15. 14.0 full time employees (FTE) 11,600 temporary driver hours - PowerPoint PPT Presentation
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2014/15 BudgetNevada County Department of Public Works
Transit Services Division
March 2014
Transit Services….Rolling Forward on a Positive Path
Initial Service Assumptions FY 2014-15
• 14.0 full time employees (FTE)
• 11,600 temporary driver hours• Continued fixed route and paratransit Saturday
service • Extension of service hours until 8:00 p.m. Monday-
Friday• Minimal GCS route efficiency adjustments (no service
reductions)
FY 2014-15 Revenue
Revenue Assumptions• $2,479,140 in operational revenue representing:
►100 % of FY 2014/15 Local Transportation Fund (LTF) revenue ($1,680,836)available to the
County and the Cities of Grass Valley and Nevada City dedicated to Transit .► $ 85,000 (estimated) in Article 4.5 Consolidated Transportation Service (CTS) funds dedicated to use in supporting mandated paratransit services.► $308,978 in reserve revenues directed to service
hour expansion and operations expenses.• $800,000 in State Prop 1B funds for approved capital
projects.
Revenue Assumptions (cont’d)• $232,140 in Section 5316 JARC funding for support of
Saturday service.• $294,000 of combined transit and paratransit fare
revenue (does not include any proposed fare increase.)
• $350,000 in Federal Transit Assistance Section 5311 operational funding.
• $68,000 from the renewal of the Placer County Route 5 agreement.
• $34,304 in combined revenue from interest, miscellaneous charges and transfers.
Operations Revenue Trends
FY 2014-15 Expenses
FY 2014-15 Expenses Assumptions
• $143,340 increase in Class 1 expenses reflecting salary and benefits (one additional FTE, increased Temp hours, three FTE step increases) and health/employment insurance costs.
• $10,618 increase in maintenance costs as a result of anticipated fuel usage and price increases.
• Up to a $120,000 increase in projected Paratransit services cost due to service hours increase and rate adjustment.
Expenses Assumptions (cont’d)
• $130,849 increase in CDA overhead due to the transfer of the Accounting Tech position from Transit to CDA and increased fiscal and administration expenses.
• $2,450 decrease in Department of Public Works administration expense.
• $40,455 increase in the cost allocation plan A87 expense reflecting undercharges in FY2012/13 Transit budget, increased use of other County departments and an overall larger Transit budget.
Operations Expenses Trends
Capital Projects Expense FY 14/15
• Prop 1B-PTMISEA Bus Stop Improvements $250,000• Prop 1B – PTMISEA Vehicle Replacement $300,000• Prop 1B PTMISEA– Transit Technology $250,000 TOTAL $ 800,000
Transit Revenue Reserves
.• The remaining revenue reserve balance will be available
for service expansion with
• The TSC approved establishment of an ongoing reserve of $1,125,000 that includes operational, vehicle replacement and cash flow revenue.
• Revenue reserve balance is also available for service expansion.
Projections FY 13/14(Budget)
FY 14/15 FY 15/16 FY 16/17 FY17/18
End of Year Reserve $3,271,789 $2,997,988 $2,652,690 $2,196,461 $1,666,716
Recommended Reserve
$1,125,000 $1,125,000 $1,125,000 $1,125,000 $1,125,000
Available for Service Expansion
$2,146,789 $1,872,988 $1,527,690 $1,071,461 $541,716
QUESTIONS ????