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2014/15 Budget

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

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2014/15 Budget

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  1. 2014/15Budget Nevada County Department of Public Works Transit Services Division March 2014

  2. Transit Services….Rolling Forward on a Positive Path

  3. 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)

  4. FY2014-15Revenue

  5. 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.

  6. 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.

  7. Operations Revenue Trends

  8. FY 2014-15 Expenses

  9. 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.

  10. 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.

  11. Operations Expenses Trends

  12. 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

  13. 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.

  14. QUESTIONS ????

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