AC Transit Annual Report 1979-1980

8/14/2019 AC Transit Annual Report 1979-1980

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Alameda-Contra Costa Transit District 1980 Annual Report


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ContentsManagement reportFinancial notes 10Directors and personnel 16


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Two DecadesPublicly-owned mass transportation came to the urban East Bay two dec-ades ago , when in Fiscal Year 1959-60 the District's earliest employeesbegan preparing to take over operations from a faltering private carrier onOctober 1st, 1960.Back then , the public agency 's first move was to expand the fleet-adding 237 "New Look" coaches, bringing the total buses in service to about600 - to serve some 45 million riders in the first year of operation.In the twenty intervening years the number of buses increased modestly(to about 820 coaches today) , but ridership on the wide range of vehiclesnow in operation-25-seat minibuses up to 69 -rider articulated coacheshas risen to some 75 million passengers in urban, inter-urban andsuburban bus service.And in the current fiscal period , preparations to assess and report on twodecades of progress was one of the tasks undertaken by AC Transit.Summing UpIn a climate of growing public awareness of and concern about a worrisome energy situation , the District's continued efforts in this fiscal periodhelped meet the need for providing more efficient transportation alternativesin the East Bay.Fiscal Year 1979-80 saw a substantial increase in demand for transitservice as AC Transit operated more bus routes- some 200 peak hour routes-over more miles-1 06,836 scheduled weekday miles-carrying morepeople - a total of about 75 million passenger trips.

AC Transit continued to press forward with planning and action aimedat: improving and extending bus service ; adding new, efficient equipment tothe fleet; making bus usage easier and more convenient for all riders , aswell as more accessible to handicapped persons ; and promoting joint effortswith other Bay Area transit operators to better meet riders' regional needs .AC Transit GeneralManager Robert E. Nisbetpresents new monthlybus pass to OaklandMayor Lionel Wi lson. Thecard offers unlimitedrides with no need for fare

box change or transfers .Articu lated buses atEmeryvil le Division awaitafternoon commute -hourcrowds.


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Passenger Trips(mi llions)2AC Transit began service 10/1/60Statistics are annualized, based on ninemonths of operation60- 65- 70- 75- 79-61 ' 66 71 76 80


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Key events of the year included: Ordering 175 new buses , all equipped with wheelchair lifts andefficient, electronic destination signs. Introducing monthly passes as a convenience for both local East Bayand transbay bus riders. Extending the elderly/handicapped discount ride privilege to 24 hoursa day. Going from a partial door-to-door Dial-A-Ride configuration in Fremontand Newark to a more efficient and greatly improved totally fixed-routebus service. Increasing personnel strength, particularly with a much-needed buildup of bus drivers. Committing all available resources to aiding area residents during theshut down of other transportation systems , including a BART work stoppagein September, 1979. Adopting a new fare structure based on a 50-cent local and onedollar minimum transbay rate , with a substantial discount for elderly andhandicapped riders . Noting (October 20 , 1979) the 20th anniversary of passage of the bondissue which made possible public purchase of then privately-held KeySystem , AC Transit's predecessor; and looking forward to the October 1,1980, anniversary celebrating two decades of public bus service to EastBay riders .Serving RidersBus ridership was on the increase when the fiscal period began-a timewhen gasoline prices were on the rise and growing numbers of urbantravelers were shifting to public transportation . And all projections during theyear ind icated that the trend would continue well into the foreseeable future.

Bus riders find the buses-only lane openedtransbay commute even at Bay Bridge toll plaza.faster since new special

New transbay monthlypass offered commutersth e "easiest way acrossthe Bay"


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To meet increasing demand in the face of rising operating expenses ,the Distr ict undertook a variety of energetic activities aimed at improvingprod uctivity.For much of the fiscal period, intensive study of suburban service wasunderway - particularly in Fremont / Newark where a network of fixed rou tbus service had been supplemented by a door-to-door "Dial-A-Ride :'By the end of the fiscal year, a totally redesigned system was in place-a more efficient network of fixed-route-only bus service with stops placewith in easy reach of virtually every address in the two cities .In the urban East Bay, service routes and schedules were subjected toclose scrutiny, with refinements being made to accommodate more ridersthrough more efficient use of the existing bus fleet. Relatively new69 -passenger articulated buses with the capacity to carry a great manymore riders were moved into service on most-heavily patronized lines ,yielding substantially improved productivity.

And more than 300 new bus drivers were hired and trained- in concewith even greater emphasis on retraining of all drivers-to keep Districtbuses operating over more miles of service to riders .OperationsWhile the number of one-way route miles diminished slightly (downto 2,175 from 2,210 the previous year) , total scheduled weekday milesincreased by three percent (106 ,836 compared to 103,496 miles inFY 1978-79). A total of 31.5 million miles were operated during the year up from just over 30 million miles in fiscal 1978-79."Show and Go" PassesEast Bay bus riders were introduced to a local Monthly Pass early inthe fiscal year, with introduction of Transbay Monthly Passes following a littlater. Rates for the monthly "show-and- go" transit cards were established

William Gamlen.veteran Newark divisiondriver. took top honorsin this year's bus rodeo,and went on to represent AC Transit innational competition.

(Below) During BARTshutdown. AC Transitbeefed up commutehours services to getthe transit users home.


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Service Miles(millions)2AC Transit began service 10/1/60Statistics are annualized . based on ninemonths of operation60 - 65 - 70 - 75 - 79-61 ' 66 71 76 80


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Number of Vehicles(hundreds)2AC Transi t began service 10/1/60Statistics are annualized, based on ninemonths at operation60 - 65 - 70-61 ' 66 71


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at a level below the amount paid by an average commuter-yielding a dis-count quickly perceived by riders as a bargain. Some 3,000 AC Transitriders tried the Monthly Pass in the introductory month; and by fiscal year'send, the number of pass users more than doubled-firmly establishing atrend of steady increases in Monthly Pass usage.Regional CoordinationThe potential for intersystem Monthly Passes was a major option understudy as AC Transit continued energetic efforts to coordinate with servicesoffered by other San Francisco Bay Area transit operators. This year alsosaw implementation of free reciprocal transfers between AC Transit andSanta Clara Transit District, enabling riders to move from one systemto the other at specified transfer points without payment of additional fares.Improved InformationGreatly improved informational materials were made available to Districtriders this year: particularly a new, color-coded route map that made under-standing bus routes much easier. The new map displays bus routes overa subdued rendering of virtually every street in the urban East Bay, enablingriders to see where buses go and also where their destinations andimportant landmarks are. Additionally, the District printed and distributedsome 2.6 million pocket timetables to riders.MaintenanceThe District's Maintenance Department earned its 18th consecutive FleetOwners Maintenance Efficiency Award this fiscal year. Concurrently theDistrict acquired an 11 acre site in east Oakland for development of aCentral Maintenance and District Stores facility-the place where in futureyears all heavy maintenance will be performed.Safe DrivingSeveral safe-driving milestones were reached this year-in a period

Applying a seal toengine blower assembly,21 -year-veteran JohnBuek nears completion ofa major engine overhaul.

Star Warriors centerClifford "Dunker" Rayencouraged use of exactchange instead of dollarbills in fare boxes.


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when many more miles actually operated on the road resulted in a slightadverse impact on some safety statistics. Newark Division drivers setan all-time high record of an average 96 ,860 miles per chargeable accidentsin August (compared to a District-wide goal of 13 ,250 miles per mishap).During the year, all Divisions met this safe driving goal in a total of 36 out of48 possible monthly periods.Five drivers joined the ranks of the veterans who had achieved 25 -YearSafe Driving Awards-bringing the total who've reached this plateau whileserving AC Transit riders to 32. And two veteran drivers achieved 30 -yearSafe Driving Awards in the same period after serving three decadesbehind the steering wheel without a chargeable accident.ClaimsPaid losses for the year were $609,702 compared to $680,128 in theprior year ; while recovery for damage to equipment totaled $95,972 compared to $89,845 in Fiscal Year 1978-79. Paid losses under the District'spermissably self-insured Workers' Compensation program was $1 ,063,442compared to $1 ,023 ,860 the previous year, with recovery up from $66,179(FY 1978-79) to $71 ,675.75 this year.Affirmative ActionThe District continued to pursue its policy of making Affirmative Action aprimary consideration in all aspects of hiring and employment. In add itionto updating all affirmative action policies in this regard , the District also con tinued strengthening its Minority Business Enterprise Program which , thisyear, exceeded the goals established for MBE participation in AC Transitacquisition activities .

(Left) Robert L. Copesand John Zorman Jr.achieved 30 years drivingwith no chargeable acci dents; both started drivingin 1946.(Right) One of the

District's many dedicateddrivers, Nancy Skowbowhas been at the wheel ofa bus for four years.


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Fare Revenue(millions of do llars)2AC Transit began service 10/ 1/60Statistics are annualized , based on ninemonths of operation60 - 65- 70 - 75 - 79 -61' 66 71 76 80

27


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Combined Balance Sheet (Note A)June 30 , 1980 and 1979

AssetsCurrent assets:

CashOn hand and in commercial accountsTime depositsShort-term investments, at amortized cost (approximates market)Accounts receivable and accrued revenues (Notes Band C):Federal operating assistanceFederal cap ital grantsContract service, local transportation funds, property tax proceedsMaterials and supplies, at costPrepaid expenses

Total current assetsDeposits for purchase of landProperty, plant and equipment at cost (note b):LandBuildings, structures and improvementsRevenue equipmentShop, office and other equipment and se rvice vehiclesAcquisitions in progressLess accumulated depreciation

Total property, plant and equipmentTotal assets

Liabilities and CapitalCurrent liabilities:Accounts payableSa laries, wages and vacations (Note AJ

Accrued pension costs (Note AJOther accrued liabilitiesAdvances under grants (Note C):State toll bridge fundsLocal transportation fundsLocal sales tax funds (AB 11OnSelf-insurance reserves (Note A):Public liability and property damangeWorkers' compensationAmount due within one year on general obligation bondsTotal current liabilitiesGeneral ob ligat ion bonds, due serially to 1980, interestat 1% and 3.25%, less amo unts due within one yearCapital (Notes A, D and F):District equ ityContributed capital:Federal grantsState toll bridge fundsLocal transportation fundsTotal capitalTotal liabilities and capital

See accompanying notes.

1980

$ 1,042,19628,500,00024,647,1479,873,9423,028,9033,068,3711,045,531164,545

71,370,6352,154,5003,504,1311,591,770

39,630,3633,959,771205,90348,891,93823,697,59825,194,340

$98,719,475

$ 3,006,8313,953,51725,431,3731,510,071

5,317,0511,834,7352,000,000590,0002,020,0001,400,000

47,063,578

32,886,97914,974,5661,769,1732,025,17951,655,897

$98,719,475

1979

$ 120 ,6622 ,200 ,022 ,981 ,92,270 ,31,444,01,703 ,2761 ,3215 ,5

51,697 ,12,239 ,61,579 ,535,428 ,94,187 ,91,806,8

45 ,242 ,821,446 ,923 ,795,9

$75,493 ,1

$ 2,083,83,527 ,818,372,7672 ,0

2,093,31,199,6570 ,01,460,01,150,0

31 ,129,31,400,0

25 ,901 ,814,675 ,51,507 ,7878 ,542 ,963,7

$75,493 ,1


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Combined Statement of Revenues, Expenses and Capital (Note A)Years ended June 30,1980 and 1979

Revenues:Fare boxContract serviceOther operating revenuesProperty taxes for operationsOperating assistance:Local sales tax (AB 1107) (Note C)Local transportation funds (Note C)Federal (Note B)StateInterest, less amounts allocated to accrued pension costs (Notes A and D)Expenses:Operators wagesOther wagesFringe benefitsServicesFuel and oilOther materials and suppliesInsuranceLeases and rentalsOther expenses (Note E)Interest and fees on bonded debt

Excess of revenues over expenses before depreciation andcumulative effect of change in accounting principleDepreciationExcess of revenues over expenses before cumulativeeffect of change in accounting principleCumulative effect on prior years (to June 30, 1978) of changein method of accounting for vacation expense (Note A)Excess of revenues over expensesCapital (Notes A, D and F):Balance at beginning of yearProperty taxes applied to redemption of bond principalCapital grant funds for acquisition of assets:Federal grants ( note b)State toll bridge funds (note c)Local transportation funds ( note c)Balance at end of yearSee accompanying notes.

1980 1979

$24,925,456 $21 ,350,4044,291,712 3,299 ,325472,579 782 ,24110,836,429 7,572 ,53710,100,00017,524,715 18,834,8269,882,721 11 ,821 ,204943,100 2,963,1753,507,472 1,672 ,89682,484,184 68 ,296 ,60828,507,444 25,306 ,67011,792,331 9,607,50619,471,831 16,891,4022,362,033 1,269,7386,473,812 3,212 ,5623,826,411 2,801 ,7051,120,931 1,012,692524,777 482 ,7302,063,320 638,51223,251 60 ,68776,166,141 61 ,284,204

6,318,043 7,012,4042,250,658 1,876,4994,067,385 5,135 ,905

2,408,0444,067,385 2,727 ,861

42,963,719 31 ,894,9111,358,334 1,141 ,6671,627,648 5,791,758376,280 1,401 ,8381,262,531 5,684

$51,655,897 $42,963,719


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Combined Statement of Changes in Financial Position (Note A)Years ended June 30 , 1980 and 1979 .

Sources of working capital:OperationsExcess of revenues over expenses before depreciation andcumulative effect of change in accounting principleCumulative effect on prior years of change in methodof accounting for vacation expense

Total from operationsProperty taxes applied to redemption of bond principalCapital grant funds for acquisition of assetsApplication of working capital:Current installments due on bonded debtDeposits for purchase of landAcquisition of property, plant and equipment

Increase in working capitalChanges in the components of working capital:Current assets:CashShort-term investmentsReceivablesMaterials and suppliesPrepaid expenses

Current liabilitiesAccounts payable and accrued liabilitiesAccrued pension costsAdvances under grantsSelf-insurance reservesAmount due within one year on general obligation bonds

Increase in working capitalSee accompanying notes.

1980 1979

$ 6,318,043 $ 7,012,40(2,408,04

6,318,043 4,604 ,361,358,334 1,141 ,663,266,459 7,199 ,2810,942,836 12,945 ,301,400,000 1,150,002,154,5003,649,053 7,303 ,077,203,553 8,453 ,07

$ 3,739,283 $ 4,492 ,23

$ 7,221,535 $ 6,462,951,665,241 6,613 ,3610,553,509 (4 ,884 ,22284,223 200 ,60(51,044) 112 ,0719,673,464 8,504 ,78

2,186,769 3,328 ,897,058,626 5,295 ,825,858,786 (4,736 ,1580,000 74 ,00250,000 50 ,00

15,934,181 4,012,5$ 3,739,283 $ 4,492 ,2


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Notes to Combined Financial StatementsJune 30,1980

A. Summary of accounting policiesBasis of presentationThe accompanying financial statements include the combined financialposition , results of operations and changes in financial position of AlamedaContra Costa Transit District, Special Transit Service Districts No.1 andNo.2 and other areas in which the District has contracted to providetransit service.The District has contracted to provide transit service for the Bay AreaRapid Transit District and several cities and other areas in Contra CostaCounty The allocated cost of providing such service, less related operatingrevenue, is funded from local transportation funds, federal operatingassistance and, for BARTO. express se rvice, by direct reimbursementwhich is recorded as contract service revenue.Property, plant and equipmentProperty, plant and equipment is depreciated on the straight-line methodover the estimated useful lives of the assets which are as followsBuildings, structures and improvements 10 -35 yearsRevenue equipmentShop, office and other equipment and service vehiclesSelf-insurance reserves

15 years5-20 years

The District is self-insured for public liability and property damage up to$75,000 and workers' compensation claims up to $100,000 for anyoneoccurrence. Claims in excess of these amounts are insured with commercialcarriers. It is the District's policy to provide, in each period , reserves tocover the estimated charges for the self-insured portion of these claims.PensionsThe District has a noncontributory pension plan covering all unionemployees and provides similar retirement benefits for nonunion employees.The pension contributions (provisions in the financial statements) are basedon percentages of gross payroll determined annually by the Board ofDirectors. The District has adopted a contribution program which providesfor normal cost of the plans plus amortization of prior service cost overa period of forty years The total penSion contribution for the year endedJune 30, 1980 was $6,280,000 (15)79 - $5,583,000) plus an a lloca-tion of interest earned on District investments in the amount of $2,738,000(1979 - $ 1 446,000).

The excess of prior service cost of the plans over balance sheet pensionaccruals at January 1, 1980, the date of the most recent actuarial valuat ions, was approximately $45,000,000 and the excess of the actuariallycomputed value of vested benefits over balance sheet pension accrua lswas approximately $23,000,000.The District is eligible to receive an annual apportionment of local transportation funds (Note C) only if it continues to implement a plan, approvedby the Metropolitan Transportation Commission, which wi ll fully fundthe plans over a forty-year periodVacation payEffective July 1, 1978, the District adopted the po licy of accruing vacationpay as earned by its employees. Previously, vacation pay was chargedto expense when paid The new policy was adopted to more accuratelyreflect employment costs and liabilities. The cumUlative effect of thechange on prior years (to June 30, 1978) has been included in the statement of revenues and expenses for the year ended June 30, 1979 inthe amount of $2,408 ,044.Contributed capitalThe District periodically receives federal grants from the Urban MassTransportation Administration of the U.S. Department of Transportation andstate toll bridge revenues and local transportation funds (Notes BandC) for the acquisition of buses and other equipment and improvements.Capital grant funds earned, less the related portion of depreciation on

the assets, are credited to contributed capital. Advances received on capitalgrants are recorded as liabilities until the funds are expended for capitalacquisitionsChanges in contributed capital for the years ended June 30 , 1980

and 1979 are as follows:Federalgrants

Balances, June 30,1978 $ 9,974,8821979 transactionsCapital grantfunds earned 5,791,758Depreciationchargesincluded inexpenses ,transferredfrom Districtequity (1,091,088)Balances, June 30 ,1979 14,675 ,5521980 transactionsCapital grantfunds earned 1,627,648Depreciationchargesincluded Inexpenses ,transferredfrom Districtequity (1,328,634)Balances, June 30,1980 $14,974 ,566B. Federal grantsFederal operating assistance

State Localtoll bridge transportationfunds funds$ 163 ,954 $ 946,532

1,401 ,838 5,684

(58,036) (73,647)1,507,756 878 ,569

376,280 1,262 ,531

(11 4,863) (115,92 1)$1,769,173 $2,025,179

The District was al located a total of up to $9,873,942 of federal operating assistance for the year ending June 30, 1980 pursuant to Sections5 and 9 of the Urban Mass Transportation Act of 1974, which amount hasbeen accrued as the estimated reimbursement for eligible operating expensesduring the year and is subject to final audit by the Metropolitan Transportation Commission and the Urban Mass Transportation Adm inistration.Federal operating assistance funds are apportioned to the local urbanizedarea and are distributed to individual transit operators by the MetropolitanTransportation Comm iss ion after approval by the Urban Mass TransportationAdministration.Federal capital grantsAt June 30 , 1980, buses and other equipment with a cost of $28,587,000had been purchased under federal grant contracts. Under the terms ofthe grants, proceeds from equipment sold during its useful life in proportionto the related federal capital grant fu nds are refundable to the federalgovernment unless reinvested in like equipment.The District has seven grant contracts in process with the Urban MassTransportation Administration which provide federal funds for th e acquisitionof buses and other equipment and improvements. Budgeted capital additions appl icable to the grant projects are $51,609,192. The related federalparticipation is $39 ,564 ,378 of which $19,604,218 had been earned atJune 30, 1980. At June 30 , 1980, the District has committed to purchaseequipment at a cost of approximately $2 ,500 ,000 in connection withthese projects


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c.State and local assistanceLocal transportation fundsPursuant to the Transportation Development Act of 1971, the District hasreceived an apportionment of local transportation funds generated withinAlameda and Contra Costa Counties to meet, in part, its operating andcapital requirements The funds are apportioned based on an annual claimfiled by the District and approved by the Metropolitan TransportationCommission .Local sales tax lAB 1107)Certain local sales tax funds are apportioned based on annual claims filedby the District and approved by the Metropolitan Transportation Commission. The District was allocated and received $10,100,000 of such funds forthe year ending June 30 , 1980. The District also received an additional$2,000 ,000 which has been recorded as an advance at June 30 , 1980.State toll bridge fundsUnder the provisions of the California Streets and Highways Code, theDistrict has received an allocation of state transportation funds generated from toll bridge net revenues of the San Francisco Bay Bridges tomeet certain of its capital requirements The funds are apportioned basedon claims approved by the Metropolitan Transportation Commission.D. District reserves

The Board of Directors has authorized the appropriation of portionsof available funds for the replacement of facilities and equipment and otherfuture expenditures The amounts available and appropriated at June30 , 1980 and 1979 are as followsAvailable funds:CashShort-term investmentsReceivables

Less current liabilitiesAppropriated as follows:Restricted FundFacilities and Equipment

Replacement FundImprovement AllowanceFundUnemploymentCompensation FundBuilding FundWorking capital

1980$29,542,19624,647 ,14715,971 ,216

70 ,160 ,55947,063 ,578$23,096,981

10,811 ,188600,000

1,134 ,261580,3204,500,0005,471 ,212

$23 ,096 ,981

1979$22,320,66122,981,9065,417,707

50,720 ,27431,129,397$19,590,877

6,500,0003,100,000

9,990,877$19,590,877

The appropriated funds are to be used for the following purposes:Restricted Fund - to meet unusual or otherwise necessary expenditures

for repair, improvements to or replacement of essential elements ofthe District's facilities or for operating requirements.Facilities and Equipment Replacement Fund - for the purpose ofmeeting the District's contractual and related responsibi lities as arecipient of federal , state and regional capital grants.Improvement Allowance Fund - to fund the cost of preliminaryengineering , environmental impact studies, preparation of capital grapplications, professional and technical service agreements and theprocurement of equipment and material related to capital improvemewhich initially may not be reimbursable by Federal grantsUnemployment Compensation Fund - to be used to provide for thepotential unemployment liabilities which may result in the event ofcurtailment of services to or deannexation of District 2 .Building Fund - to assist in meeting the District's potential financialrequirements associated with the purchase, construction or rehabilitation of an existing building to provide adequate permanent accommodations for the District's General Offices consistent with the MastFacilities Improvement Program . Interest earned on investment ofavailable funds is all ocated to the District reserves.

E. LitigationIn September 1979, the District received a preliminary adverse rulingin a class action lawsuit before a U.S. District Court which alleged discrimnation in certain of its hiring, training and promotional practices betwee1972 and 1979. On September 16, 1980 the court granted final approvto a class action consent decree resolving the litigation. Under the termsof the consent decree, the District, while denying any violation of equalemployment opportunity laws, agreed to make a good faith effort to achiecertain hiring and training goals and to provide individual financ ial reliefto certain members of the class. The Districts maximum exposure for sufinancial relief is $385,000 , which amount, plus an estimated liabilityfor plaintiffs' legal fees, has been accrued and charged to operat ions forthe year ended June 30 , 1980.The District is involved in various other claims and litigation arising in tordinary course of business. None of these is expected to have a significant effect on its operations or financial condition.

F. Special transit service districtsand contract service areasRevenue, expense and cap ital for Special Transit Service Districts No.1 and No. 2 and contract service areas for the year ended June 30 , 198are summarized below Combined depreciation on all District revenueequipment and maintenance facilities is allocated to the respective Tra nsService Districts and contract service areas based on mileage. Indirectoperating expenses are allocated based on direct costs. The operating loapplicable to the BARTD. Contract Service ($186,684) is equivalentto the depreciation charge on buses used in providing that service. BARTis not charged for such depreciation since the buses were acquired withfederal capital grant funds and local transportation funds received fromBARTD.


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F. Special transit service districts and contract service areas (continued)Special transit service districts

CombinedRevenues:Fares, charter and other $25,398,035Contract service 4,291 ,712Property taxes foroperations 10,836,429Operating assistanceLocal transportationfunds 17,524,715Federal 9,882,721Sales tax (AB 1107) 10,100,000State 943,100Interest 3,507,472

82,484,184Expenses (allocated)including depreciation 78,416 ,799Excess of revenues overexpenses (expensesover revenues) 4,067,385Capital:Balance at beginningof year 42,963,719Property taxes appliedto redemption ofbond principal 1,358 ,334Capital grant funds foracquisition of assets:Federal grant funds 1,627,648State toll bridge

funds 376,280Local transportationfunds 1,262 ,531Balance at end of year $51,655,897

The Board of DirectorsAlameda-Contra Costa Transit Dis t r i c t

District DistrictNo.1 No. 2

$23,915,549 $ 441,825

9,844,478 991 ,951

12,570,331 1,875,6468,796,558 678,88710,100 ,000943 ,1003,039,575 467 ,897

69,209,591 4,456,20664,715,852 4,695,876

4,493,739 (239,670)

35,418,409 4,789,702

1,358,334

1,627 ,648376,280

1,262,531$44,536,941 $4,550,032

ARTHUR YOUNG & COMPANY1330 BROADWAYOAKLAND, CALIFORNIA 94612

We have examined th e accompanying combined balance sheets ofAlameda-Contra Costa Transi t D i s t r i c t a t June 30 , 1980 a nd 1979and th e re la ted combined s tatements of revenues, expenses andcapi ta l and changes in f inancia l pos i t.ion fo r th e ye a r s thenended. Ou r exam in a t ions we re made in accordance w i th general l yaccepted audi t ing standards and, according ly , included suchtes ts of the accounting records and such other audit ing p roc e dur e s as we considered necessary in th e circumstances.In ou r report dated October 5 , 1979, ou r opinion on th e June 30 ,1979 f inanc ia l statements was qual i f ied as being subject to th ee f fec t s o f such adjustments, if any, as might have been requiredhad th e outcome of certain l i t i ga t ion been known. As explained

Contract service areasEastern Western

City of Contra ContraB.A.R.T.D. City of Pleasant Town of Costa CostaExpress Concord Hill Moraga County County

$ 722,367 $ 163,729 $ 23,011 $ 63,460 $ 67 ,121 $ 9734,291,712

1,365 ,506 248,857 766,975 434,392 263 ,008407 ,276

5,0 14,079 1,529 ,235 271 ,868 830,435 908,789 263 ,9815,200,763 1,529 ,235 271,868 830,435 908,789 263 ,981

(186,684)

2,283,759 72,535 137,161 230,725 29 ,381 2,047

$2,097 ,075 $ 72,535 $137 ,161 $230,725 $ 29,381 $ 2,047

in Note E, th e l i t igation ha s been resolved by a consent decreean d th e estimated f inancia l exposure has been charged to op e rat ions fo r th e year ended June 30, 1980. Acco rd i ng ly , ou rpresent opinion on th e Ju ne 30 , 1979 f inancia l statements, aspresented here in , d o e ~ no t include th e qual i f icat ion.In ou r opinion, th e statements mentioned above present fair lyth e combined f inancia l po s i t i on of Alameda- Contra Costa TransitDis t r ic t a t June 30 , 1980 an d 1979 and th e combined r esu l t s ofoperations and changes in f inancia l posi t ion fo r th e years thenended, i n conformity with general ly accep t ed accounting princi ples applied on a consistent basis during th e period subsequentt o th e c han ge , wi th which we concur, made as of Ju ly 1, 1978,in the method of accounting for vacation expense as described i nNote A to th e f inancia l statements.~ h t ~ December 19 , 1980


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Board ofDirectors

Management

William E. BerkPresident

John McDonnell

Robert E. NisbetGeneral Manager

Nathaniel A. GageExecutive Assistantfor FinancialManagement

Richard W. MeierAttorney for theDistrict

Roy NakadegawaVice President Ray Rinehart

William J. Bettencourt Jean A. Holmes

Lawrence A. RosenbergAssistant General

Manager for Administrationand District Secretary

Ozro D. GouldRisk and InsuranceManager

Mike MillsMarketing Manager

Robert J. ShamoonAssistant GeneralManager forOperations

John A. KrajcarPurchases andStores Manager

Stanley O. PearceSuperintendent ofSafety

Richard H. BertzMaintenanceManager

Donald S. LarsonResearch andPlanning Manager

Warren E. RobinsonTransportationEngineer

Michael H. Fajans

Gregory L. FordAdministrativeProjects Manager

Billy S. LylePersonnel Manager

John W. Rose, Jr.Affirmative ActionCoordinator


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ALAMEDA-CONTRA COSTA TRANSIT DISTRICT508 16th St. , Oakland , California 94612

Documents

AC Transit Annual Report 1979-1980