Professional Documents
Culture Documents
Los Angeles County Metropolitan Transportation Authority Office of Management and Budget One Gateway Plaza Los Angeles, CA 90012
Budget Message from the CEO This is an exciting time to be a part of Metro as we continue the delivery of projects promised to the voters when they passed Measure R in 2008. Metro is moving forward with the construction of five major rail lines. Work on the Gold Line Extension to Azusa and the Expo Line Phase II Extension to Santa Monica have both surpassed the halfway mark and continue on schedule for a 2016 completion along with construction of two major rail maintenance facilities to support the new extensions. The Crenshaw Line is under construction and plans for a 2019 opening which includes the Southwestern Yard. The Light Rail Regional Connector joining the Blue and Gold Lines for which Congress awarded a $670 million full funding grant agreement, is set to break ground this Fall. The Metro Purple Line Extension has cleared major legal hurdles and is expected to receive a Federal full funding grant agreement by mid-May. Growth of our system will result in station locations within 3 miles (or less) of 7.8 million LA County residents. The First/Last Mile Strategic Plan focuses on providing improved walking and biking facilities to put our network closer to our customers doorstep making public transportation the preferred choice for more of our citizens. More of the next-generation buses will be put into service to enhance our compressed natural gas (CNG) fleet. Commute times will be trimmed by as much as 25% on one of the most congested transit corridors in the county upon completion of the Wilshire Boulevard Bus Rapid Transit (BRT) lane. More frequent service will be added on the Silver Line. We are also working to identify as many as five other transit corridors appropriate for BRTs. Our new downtown bus maintenance facility promises to be as modern and innovative as any facility of its kind. While growing our system, Metro continues its commitment to keeping the existing system working in top form by allocating $283 million to maintain our bus and rail systems in a state of good repair. This includes rail car refurbishments, power system replacements, bus engine replacements, 550 replacement buses for our fleet and the first two dozen new light rail vehicles are expected by mid-year. Long Beach, Santa Monica and several other cities will be joining our TAP System. Innovations are planned for a mobile phone application that allows users to manage their TAP accounts, register cards, add payment options, and purchase a variety of fare products. It will also enable links to rail/bus schedules, real-time bus arrivals, service alerts, and trip planning. A future fare collection system study will also be undertaken to explore new fare technologies that ensure compatibility, seamless travel, and connectivity with other regional transit agencies. The safety and security of our passengers and employees remains a priority. Latching the gates on the Metro Rail System will be completed and a contract with a local policing service will result in the monitoring of all rail platforms to ensure that the only station occupants are legitimate fare paying transit patrons. Scores of freeway, highway and street projects designed to improve car and truck movement throughout LA County continue to move forward. The I-405 project through the Sepulveda Pass including three major bridges and on/off ramps is scheduled for completion this summer, adding an HOV lane and more capacity for the 300,000 vehicles that use the freeway daily. Other highway projects in progress include the I-5 widening from Orange County to the I-605, the SR-710 South Corridor, the North SR-710 Gap Closure and a variety of State Route improvements. Lastly, to preserve our quality of service and maintain fiscal responsibility, Ive asked the Board to approve a fare restructuring plan to be implemented in three stages over the course of six years. It is designed to offset a projected operating budget deficit starting in FY17 and bring Metros fares more in line with other major transportation providers while increasing our fare recovery ratio from 26% of the cost of operating the bus and rail systems to 33%. The restructuring will appropriately reflect the integration of our bus service with our expanding rail service. Promises of transit and highway projects to improve transportation in LA County that were made with the Measure R Ordinance are well on their way. We hope you share our excitement about our progress to date and what lies ahead in our future.
Arthur T. Leahy Chief Executive Officer Los Angeles County Metropolitan Transportation Authority
Table of Contents
Section Page
Introduction .................................................................................................1 Resources ................................................................................................11 Expenditures.............................................................................................15 FTEs .........................................................................................................19 Capital Program........................................................................................25 Regional Subsidy Funding Programs .......................................................29 Debt ..........................................................................................................31 Measure R ................................................................................................33 Funds .......................................................................................................37 Service Statistics ......................................................................................43 Activity Based Cost Models ......................................................................47 Appendix I: Legally Separate Entities .......................................................51 Appendix II: Capital Program Project Listing ............................................55 Appendix III: Regional Transit Allocation ..................................................63
Page i
Introduction
Introduction
Page 1
Page 2
Introduction
Deputy CEO
Board Relations Policy, & Research Service Regional Councils Civil Rights
Operations
Congestion Reduction
Information Technology
Communications
Transit Project Executive Office Delivery Regional Highway Project Transportation Delivery Planning Regional Rail Long Range Planning & Coordination Regional Capital Development Strategic Financial Planning & Programming Strategic Initiatives Department Transp. Dev. & Implm. (Central/East/SE Region) Transp. Dev. & Implm. (North/West/SW Region) Economic Development
Bus Operations Maintenance Service Development Rail Operations Rail Fleet Svcs Engr & Maint Rail MOW & Engineering Transit Capital Projects
Accounting Information Mgmt Treasury Ops & Service OMB Delivery -TAP Operations Sys Arch & Tech -Local Programming Integration ITS Admin Technology Strategy Research & Records Info Mgmt
Customer Communications (Marketing) Customer Programs & Services Customer Relations Government Relations Public Relations Community Relations
Introduction
Page 3
Budget Highlights
Metro forecasts a balanced budget through Fiscal Year 2016 (FY16), as shown in the graph below. However, moving forward, we face an operating deficit by FY17 unless we adjust our fares and restructure bus services to complement the new service lines: Exposition Transit Corridor (Expo Line) to Santa Monica, Wilshire Bus Rapid Transit (BRT), Foothill Extension, Crenshaw/LAX Transit Corridor, San Fernando Valley North/South Transit Corridor, Regional Connector, operation of the Expo Line to La Cienega / Culver City and the Orange Line Extension. While voter approved Measure R for Los Angeles County allows us to build these new projects, operating costs continue to grow as the transit network expands. Enterprise Fund Operating Deficit Ten-Year Forecast FY14 Adopted thru FY23 Forecast
FY14 $$FY15 $$(36.8) (Operating Deficit in millions $) $(50.0) $(71.6) $(100.0) $(80.2) $(100.7) FY16 FY17 FY18 FY19 FY20 FY21 FY22 FY23
$(225.8) $(250.0)
Even as Metro expands service and enhances service quality, we continue to spend responsibly, streamlining existing processes, reducing duplicative services and re-evaluating discretionary programs whenever possible. This budget includes many programs and projects to improve transportation throughout Los Angeles County. Improved Bus and Rail Service Improved services include peak frequency increases on the Silver Line to reduce overcrowding, as well as continued implementation of headway improvements and extended late night service on all rail lines. We will also initiate a Comprehensive Operations Analysis (COA) study to plan and integrate service and infrastructure that support Los Angeles Countys changing transportation footprint for new rail lines and service restructuring.
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Introduction
Operating Capital by Mode ($ in thousands) Blue Line Green Line Red/Purple Line Gold Line Rail Mode Subtotal Bus Subtotal Systemwide/Infrastructure Deferred Maintenance Total
Deferred Maintenance $ 24,248 317 22,046 2,379 $ 48,990 $ 192,789 $ 41,643 $ 283,422
The table to the right details the allocation to each of the modes. Metros Board established a policy requiring that our assets be maintained in accordance with manufacturer recommended standards and that the Board be notified of any instances of scheduled maintenance that were deferred. Safety & Security Capital Program The continued safety of our passengers is critical and in FY15, $48.7 million is allocated to our Safety & Security capital projects. Systemwide camera and video enhancements will improve security. Over $7.3 million is allocated for the Blue Line to address safety improvements. These projects include pedestrian swing gates, signal system rehabilitations and continued traction power substation rehabilitations. Green Line continues with its signal system rehabilitation while Red Line improves its pedestrian safety with an underpass and overpass bridge planned in the Universal City and North Hollywood locations.
Operating Capital by Mode ($ in thousands) Blue Line Green Line Red/Purple Line Gold Line * Rail Mode Subtotal Bus Subtotal Systemwide Subtotal Safety & Security Capital Total
$ $ $ $
In FY15, Transit Security will progress on the installation of security kiosks in various rail stations. Additionally Metro is upgrading our Payment Card Industry (PCI) compliance standards to enhance the protection of our patrons using our Transit Access Pass (TAP) systems. We continue to progress on the Division Inspection Program initiated in FY14 to improve division performance. These inspections will enhance the stability of the transit system by focusing on safety, vehicle servicing and maintenance, vehicle condition and management at the divisions.
* Safety and Security projects that impact the Gold Line are included in the systemwide improvements, which include video security system enhancements and emergency operations booths at all divisions.
Introduction
Page 5
ExpressLanes and Service Authority for Freeway Emergencies (SAFE) The Metro ExpressLanes project, as part of Metros Congestion Reduction Program, continues to successfully improve freeway traffic flow by providing enhanced travel options on the I-10 and I-110 Freeways in Los Angeles. Future expansion of ExpressLanes throughout LA County will be studied during FY15 and the Net Toll Reinvestment Grant Program will reinvest tolls earned during the demonstration period with program partners. Operation of the Kenneth Hahn Countywide Call Box system continues along with the development of the Motorist Aid and Travel Information System (MATIS). Transit Access Pass (TAP) Fare Collection In late 2014, Long Beach became the newest operator to join our Transit Access Pass (TAP) system, and in FY15, Santa Monica and several other cities will follow suit. Innovations are planned for a mobile phone application that allows users to manage their TAP accounts, register cards, add payment options, and purchase a variety of fare products. It will also enable links to rail/bus schedules, real-time bus arrivals, service alerts, and trip planning. Looking toward future fare technology, studies and evaluations of fare collection systems will also be initiated to ensure that these technologies are compatible and allow seamless travel and connectivity with other regional transit agencies.
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Introduction
Other Highlights Metro and Caltrans continue work and evaluation of the Accelerated Regional Transportation Improvements (ARTI) project. We are coordinating with pilot cities to develop a Regional Bike Share Implementation Program as well as prioritizing new technology initiatives to improve the customer experience and to pursue technology innovations in transportation. Lastly, Metro continues to work on the Countywide Sustainability Plan and numerous other projects, studies and initiatives to enhance transit planning, support system integration, continue efficient operations and maintain our assets in a state of good repair.
Introduction
Page 7
Service Assumptions: The FY15 budget assumes added peak bus service to reduce overcrowding on the Harbor Transitway portion of the Silver Line. As a result of the added Silver Line service, total bus Revenue Service Hours will increase by 13,018 or 0.2%. We will enhance the customer trip experience by implementing route adjustments to gain connectivity with regional destinations and transit hubs, as well as partnering with Santa Monicas Big Blue Bus and Foothill Transit to reduce route duplication and increase connectivity with Muni services. This will be accomplished with no change from the FY14 Revenue Service Hour Levels. Service quality will continue to be improved by increasing focus on the current level of maintenance activity and on-street supervision. This will improve the state of good repair and cleanliness, as well as reduce deferred maintenance of the bus fleet. Although Rail Revenue Service Hours are unchanged in FY15, we will continue to implement reduced headways and extended late night service that was budgeted in FY14. Additional Service Level Details are found under Service Statistics (see page 45).
RAIL FY15 Rail Revenue Service Hours (RSH) Changes Late Night Weekend RSH FY14 Budget (Rail) Changes Blue, Expo, Green, Gold and Red Lines Other Minor Changes TOTAL CHANGES FY15 Budget (Rail) % Increase 1,027,799 1,027,799 0.0%
BUS FY15 Bus Revenue Service Hours (RSH) Changes RSH FY14 Budget (Bus) Changes Silver Line 7,048,717 13,018
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Introduction
Capital Assumptions: Expand Measure R transit and highway project activities as well as light rail vehicle delivery. Increased emphasis on safety and security projects benefiting customers and employees. Commence Bus, Light Rail vehicle and Heavy Rail vehicle midlife maintenance projects. Continued reduction of the bus and rail deferred maintenance backlog. Continued procurement of 40-foot replacement buses for our fleet. Continued advancement of zero emission bus technology.
Areas of Risk: Sales tax growth less than UCLAs Anderson School Forecast. STA funding lower than State Controllers estimate. Less than full funding of MAP-21 including CMAQ and New Starts. Compressed Natural Gas at 60 per therm, and other non-labor cost inflation above 2.3%. Timely issuance of Prop 1B bonds by the State. If not, funding is at risk for Crenshaw/LAX Corridor, Bus Acquisitions, and Regional Connector projects.
Introduction
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Page 10
Introduction
Resources
Resources
Page 11
Summary of Resources
FY14 Budget $ 708.4 708.4 708.4 354.2 115.5 $ 2,594.9 $ FY15 Proposed $ 734.2 734.2 734.2 367.1 104.7 2,674.4 % Change FY14 to FY15 3.6% 3.6% 3.6% 3.6% -9.4% 3.1%
($ in millions)
Sales Tax, TDA and STA Revenues (1) Proposition A Proposition C Measure R Transportation Development Act (TDA) State Transit Assistance (STA) Total Sales Tax, TDA, & STA Operating & Other Revenues Passenger Fares Express Lane Tolls Advertising Other Revenues Subtotal Operating & Other Revenues Capital and Bond Resources Grants Reimbursements (3) Bond Funding and Prior Year Carryover Resources Subtotal Capital and Bond Resources Total Resources Agencywide Expenditures (Deficit) / Surplus Note: Totals may not add due to rounding.
(1) (4) (2)
448.5
450.9
$ $ $ $ $
$ $ $ $ $
Sales tax and TDA revenue estimates based on UCLA's Anderson School Long-Term Forecast Update.
(2)
Other Revenues includes lease revenues, vending revenues, film revenues, county buy down, auto county registration buy down,and fees, transit other miscellaneous court fees, Federal resources. CNG Fuel credits, investment income and other miscellaneous revenues. (3) Includes grant reimbursement of preventative maintenance operating capital cost and transit capital and highway capital costs. (4) Represents use of bond proceeds and sales tax revenue received and unspent in prior years.
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Resources
Type of Revenue
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
($ in millions)
Proposition A 5% Administration 25% Local Return 35% Rail Development 40% Discretionary Transit (95% of 40%) Incentive (5% of 40%) Estimated Tax Revenue from Prop A Proposition C 1.5% Admnistration 5% Rail / Bus Security 10% Commuter Rail 20% Local Return 25% Freeways/Highways 40% Discretionary Estimated Tax Revenue from Prop C Measure R 1.5% Admnistration 2% Transportation Capital Metro Rail 3% Transportation Capital Metrolink 5% Operations - New Rail 15% Local Return 20% Operations - Bus (1) 20% Highway Capital 35% Transportation Capital New Rail/BRT Estimated Tax Revenue from Measure R Transportation Development Act (TDA) Administration 2% Article 3 (Pedestrians & Bikeways) 91.6593% Article 4 (Bus Transit) 6.3407% Article 8 (Transit/Streets & Hwys) Estimated Tax Revenue from TDA State Transit Assistance (STA) STA Bus STA Rail Estimated STA Total Revenues $ $ $ 64.1 51.4 115.5 2,594.9 $ $ $ 55.8 48.9 104.7 2,674.4 $ $ $ (8.3) (2.5) (10.8) 79.5 -12.9% -4.9% -9.5% 3.1% Eligible Eligible $ $ 8.5 6.9 316.9 21.9 354.2 $ $ 8.5 7.2 328.7 22.7 367.1 $ $ 0.3 11.8 0.8 12.9 0.0% 3.7% 3.7% 3.7% 3.6% Eligible $ $ 10.6 14.0 20.9 34.9 104.7 139.6 139.6 244.2 708.4 $ $ 11.0 14.5 21.7 36.2 108.5 144.6 144.6 253.1 734.2 $ $ 0.4 0.5 0.8 1.3 3.8 5.1 5.1 8.9 25.8 3.6% 3.6% 3.6% 3.6% 3.6% 3.6% 3.6% 3.6% 3.6% Eligible Eligible
38
39 40 41 42 43 44
Revenues Eligible for Bus & Rail Operating Proposition A Proposition C Measure R TDA STA Total Bus & Rail Eligible Revenues Note: Totals may not add due to rounding.
(1)
$ change % Change from FY14 from FY14 Budget Budget $ 17.9 3.6% 11.4 3.6% 6.4 3.6% 11.8 3.7% (10.8) -9.4% $ 36.7 2.6%
Measure R 5% Rail Operating funding is restricted to projects beginning rail operations after Measure R passage.
Resources
Page 13
Page 14
Resources
Expenditures
Expenditures
Page 15
FY14 Budget $ 28.8 260.1 37.8 71.4 1,345.8 313.9 1,070.4 42.0 1,510.7 297.0 45.1 $ 5,023.0
FY15 Proposed $ 28.0 272.6 48.3 73.4 1,738.5 379.2 1,093.2 47.6 1,512.2 265.4 49.7 $ 5,508.2 $
Change $ (0.7) 12.5 10.5 2.0 392.7 65.3 22.8 5.6 1.5 (31.6) 4.5 $ 485.2 % -2.6% 4.8% 27.8% 2.8% 29.2% 20.8% 2.1% 13.2% 0.1% -10.7% 10.0% 9.7%
FY14 Budget $ 939.7 1,210.4 671.2 1,252.6 282.6 221.6 92.3 8.5 11.7 332.5 $ 5,023.0
FY15 Proposed $ 951.0 1,894.9 406.4 1,271.7 297.9 227.3 100.5 9.6 12.7 336.1 $ 5,508.2 $
Change $ 11.4 684.5 (261.6) 19.1 15.3 5.7 8.2 1.1 1.0 0.5 $ 485.2 % 1.2% 56.6% -39.4% 1.5% 5.4% 2.6% 8.9% 12.6% 8.2% 0.1% 9.7%
Salaries and Benefits Asset Acquisitions for Transit & Highway Projects Professional Services & Advertising Regional Transit / Highway Subsidies Maintenance & Security Contracts Materials & Supplies Insurance / Taxes / PLPD / Workers' Comp Training & Travel As-Needed / Interns / ELTPs Debt Total Expenditures Note: Totals may not add due to rounding.
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Expenditures
($ in millions) $ $ $
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
$ $ $ $ $
$ $ $ $ $
$ $ $ $ $
1,239.4
1,248.2
8.8
72.2
77.0
4.8
$ $ $
$ $ $
$ $ $
Combines related program costs regardless of Generally Accepted Accounting Principles (GAAP) reporting criteria used for fund financial presentation on pages 37-41. Represents subsidies to Municipal Operators, Metrolink and Access Services Incorporated (ASI).
(2)
Expenditures
Page 17
Page 18
Expenditures
FTEs
FTEs
Page 19
FY14 Budget 36 429 261 13 176 183 133 7,571 143 270 9,215 1,288 7,927 9,215
FY15 Proposed 36 429 261 13 176 183 133 7,579 143 270 9,223 1,288 7,935 9,223
Board of Directors Chief Executive Office Communications Congestion Reduction Engineering and Construction Finance and Budget Information Technology Operations Planning and Development Vendor/Contract Management Total FTEs Subtotal Agencywide Non-Contract Subtotal Agencywide Union Total FTEs
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FTEs
FTEs
Page 21
3 7 16 10 36 36 36 5 20 104 155 109 36 429 238 191 429 25 54 120 4 7 42 9 261 83 178 261 4 9 13 13 13 21 7 148 176 175 1 176
3 7 16 10 36 36 36 5 20 104 155 109 36 429 238 191 429 25 54 120 4 7 42 9 261 83 178 261 4 9 13 13 13 21 7 148 176 175 1 176
FTEs
Page 22
68 65 50 183 118 65 183 133 133 85 48 133 2,101 394 290 560 127 26 14 4,059 7,571 269 7,302 7,571 26 2 21 13 15 16 18 32 143 143 143 19 69 182 270 128 142 270 1,288 7,927 9,215
68 65 50 183 118 65 183 133 133 85 48 133 2,101 394 290 560 127 26 14 4,067 7,579 269 7,310 7,579 26 2 21 13 15 16 18 32 143 143 143 19 69 182 270 128 142 270 1,288 7,935 9,223
8 8 8 8 8 8
FTEs
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FTEs
Capital Program
Capital Program
Page 25
Capital Program
Forecasted Expenditures thru FY14 FY15 Proposed Life of Project
($ in thousands)
Note
Measure R Component of Capital Program: Measure R Transit Construction Projects: Crenshaw/LAX Light Rail Transit Expo Blvd Light Rail Transit Phase I Expo Blvd Light Rail Transit Phase II Gold Line Foothill Extension Measure R Vehicles Orange Line Extension Purple Line Subway Extension Regional Connector Measure R Transit Planning Projects: Airport Metro Connector Eastside Extension Phase II Eastside Light Rail Access Green Line Ext: Redondo to South Bay San Fernando Valley East N/S Rapidways Sepulveda Pass Corridor West Santa Ana Branch Corridor $ 420,183 930,887 841,194 530,127 100,394 137,065 299,181 184,534 $ 305,647 54,015 449,127 263,953 12,075 1,674 374,592 228,161 $ 2,058,000 930,625 1,527,260 948,437 739,000 215,600 711,406 412,695
8,207 $ 2,882 $ 11,089 1 22,040 2,349 24,390 1 9,586 4,682 14,268 1 7,242 1,755 8,998 1 8,627 2,287 10,914 1 6,794 4,288 11,082 1 2,959 2,194 5,153 1 Subtotal Measure R Component of Capital Program $ 3,509,020 $ 1,709,681 $ 7,628,916 Note: Totals may not add due to rounding. Note 1: No Board Adopted Life Of Project (LOP) during planning phase; project is funded on an annual basis.
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Capital Program
($ in thousands)
Note
Operating Component of Capital Program: Safety & Security Projects Bus Blue Line Green Line Red Line Systemwide Security Deferred Maintenance Bus Blue Line Gold Line Green Line Red Line Rail Systemwide Infrastructure Systemwide Capital Improvement Infrastructure Bus ExpressLanes Tollways & Facilities Blue Line Gold Line Green Line Red Line Rail Systemwide Infrastructure Systemwide Subtotal Operating Component of Capital Program Total Capital Program Note: Totals may not add due to rounding.
627 79,055 2,917 13,490 26,630 428,897 136,278 1,674 1,037 74,669 2,824 29,346 31,782
7,385 2,842 25,125 13,366 192,789 24,248 2,379 317 22,046 8,785 10,660 22,198 32,614 9,564 619 3,549 438 1,533 236 13,786 6,441 400,921
3,700 166,900 11,400 55,680 58,860 782,176 406,003 11,297 1,942 326,033 14,832 86,854 96,629 163,976 210,977 8,000 968,044 10,900 34,406 661 69,559 142,490 3,631,319
77,849 177,091 253 950,761 268 28,271 21,607 113,799 $ 2,199,128 $ 5,708,148
$ 2,110,602
$ 11,260,235
FY15 PROPOSED OPERATING CAPITAL SUMMARY BY MODE Safety & Security $ 7,385 2,842 25,125 13,366 48,718 Deferred Capital Maintenance Improvements $ 192,789 24,248 2,379 317 22,046 8,785 10,660 22,198 283,423 $ 32,614 619 438 1,533 3,549 236 9,564 13,786 6,441 68,780 Mode Total $ 225,403 32,252 5,659 26,976 25,595 9,021 9,564 24,447 42,005 $ 400,921
1 2 3 4 5 6 7 8 9 10 11
Operating Capital by Mode ($ in thousands) Mode: Bus Blue Line Gold Line Green Line Red Line Rail Systemwide ExpressLanes Tollways & Facilities Support Infrastructure Systemwide Total Operating Capital Note: Totals may not add due to rounding.
Capital Program
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Capital Program
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FY14 Budget
Regional Transit: Municipal and Local Operators Access Services Metrolink Total Regional Transit Local Agencies: Allocation by Population: Proposition A Local Return Proposition C Local Return Measure R Local Return Transportation Development Act Article 3 Transportation Development Act Article 8 Subtotal Allocation by Population Call for Projects: Regional Surface Transportation Improvements Local Traffic System Regional Bikeways Transportation Demand Management Transportation Enhancement Act Bus Capital Operations Subtotal Call for Projects Transit Oriented Development Total Local Agencies Wilshire Bus Rapid Transit (BRT) Project: Wilshire Bus Lane Project Very Small Wilshire Bus Lane Metro Rapid Bus Gap Closure Project Metro Rapid Program Total Wilshire BRT Project Federal Pass Throughs: Regional Grantee - FTA Job Access and Reverse Commute Program (JARC) Capital & Operating New Freedom Capital & Operating Highway Pass Through Program Total Federal Pass Throughs Fare Assistance: Immediate Needs Transportation Rider Relief Support for Homeless Re-Entry Program (SHORE)/General Relief Tokens Total Fare Assistance Highway Subsidy: Freeway Phase II Advanced Conceptual Engineering (ACE) Grade Separation Highway Operational Improvements - Arroyo Verdugo Highway Operational Improvements - Virgenes/Malibu I-405 / I-110 / I-105 / SR-91 Ramp & Interchange I-5N Enhance SR-14/Kern County I-605 Corridor "Hot Spot" SR-710 North Gap Closure SR-710 South Early Action Projects SR-138 Capacity Enhancements High Desert Corridor Total Highway Subsidy Total Regional Subsidy Funding Programs Note: Totals may not add due to rounding.
6.4 $ 531.3
$ 105.8 32.0 4.3 10.3 2.3 1.5 0.7 3.0 16.3 0.6 5.0 $ 181.7 $ 1,239.4
64.8 15.5 16.2 12.1 1.5 10.2 0.5 5.8 1.5 8.0 136.0
$ $
(41.0) (32.0) 11.2 5.9 9.8 9.5 (2.5) (10.5) 1.0 3.0 (45.7) 8.8
-38.7% -100.0% 258.9% 57.9% 428.3% 0.0% 1316.7% -83.3% -64.7% 172.7% 60.0% -25.1% 0.7%
$ 1,248.2
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Debt
Debt
Page 31
Bus
Total
Bus
Rail
Total
Funding Demand of Debt Service Resources Proposition A 35% Rail Set Aside (1) Proposition A 40% Discretionary Proposition C 40% Discretionary Proposition C 10% Commuter Rail Proposition C 25% Street & Highways Transportation Development Act Article 4 Measure R Transit Capital - New Rail 35% Measure R Transit Capital - Metrolink 3% Measure R Transit Capital - Metro Rail 2% Measure R Highway Capital 20% Measure R BAB Federal Subsidy Proposition A 35% Rail Set Aside (CRA Debt) Total Funding Demand of Debt Service (Premium)/Discount Amortization (2) Total Debt Service Expense $ Debt Service (Deficit) / Surplus $ $ $ 2,319.9 34.0 10,020.4 1,871.0 4,844.1 1,534.5 20,623.8 (414.2) 20,209.6 $ $ $ $ 157,611.7 2,310.4 63,758.2 11,904.7 30,822.4 43,835.9 11,112.8 2,183.0 323,539.1 (11,291.0) 312,248.0 $ $ $ $ $ $ $ $ 159,931.6 2,344.4 73,778.6 13,775.7 35,666.5 1,534.5 43,835.9 11,112.8 2,183.0 344,162.9 (11,705.2) 332,457.7 $ $ $ $ 2,154.3 34.0 9,885.1 1,726.5 4,540.3 1,534.5 19,874.7 (1,103.0) 18,771.7 $ $ $ $ 146,362.0 2,309.7 62,897.5 10,985.6 28,889.3 50,668.0 11,112.8 2,180.2 315,405.0 (20,332.0) 295,073.0 $ $ $ $ 22,221.6 22,221.6 $ $ $ $ 148,516.3 2,343.7 72,782.6 12,712.1 55,651.2 1,534.5 50,668.0 11,112.8 2,180.2 357,501.3 (21,435.1) 336,066.3 -
Beginning FY15 Balance Total $ 1,324,900.0 1,054,829.0 701,935.0 6,410.4 21,630.0 $ 3,109,704.4 162,451 $ Bus 18,927.7 139,080.5 5,111.0 $ 163,119.2 2,594,716 Rail $ 1,285,927.3 884,948.5 686,050.0 20,520.0 $ 2,877,445.8 507,982 $ Highway 309,760.0 $ 309,760.0 Total $ 1,304,855.0 1,333,789.0 686,050.0 5,111.0 20,520.0 $ 3,350,325.0
Highway 714,114
Outstanding Debt Principal Balance Proposition A Proposition C Measure R Transportation Development Act Article 4 Proposition A 35% Rail Set Aside (CRA Debt) Total Outstanding Debt Principal Balance (3)
Proposition A 35 Rail Set Aside includes Union Station Purchase debt funding: $10.1 million in FY14 and $4.6 million in FY15. Amortizing the difference between the market value of the debt instrument and the face value of the debt instrument over the life of the debt. The Debt Service Expense and Outstanding Principal Balance exclude USG Building General Revenue Bonds of $13.5 million Debt Service and $142 million Outstanding Principal. It is treated as rent and reimbursed to the Enterprise Fund through the Federal overhead allocation process.
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Debt
Measure R
Measure R
Page 33
Subfund
Expenditure Program
% of Sales Tax
New Revenue
Expenditures
35.0% $
253.1 $
473.6
(1)
Carpool Lanes, Highways, Goods Movement, Grade Separations, and Soundwalls Metro Rail Capital - System Transit Capital Improvements, Rail Yards, and Rail Cars Bus Operations - Countywide Operations Bus Service Operations, Maintenance, and Expansion Rail Operations (New Transit Operations Projects Operations and Maintenance) Administration Administration Metrolink Capital Improvement Projects within Los Angeles Transit Capital County (Operations, Maintenance, and Expansion) Local Return See footnote
(2)
20.0%
330.0
144.6
131.4
343.3
2.0%
31.2
14.5
22.5
23.2
20.0%
11.8
144.6
155.6
0.8
5.0%
77.0
36.2
29.6
83.5
1.5%
28.0
11.0
7.0
32.1
3.0%
60.2
21.7
51.5
30.3
15.0%
108.5
108.5
Subtotal Measure R Projects Funding Plan from $ Sales Tax Revenues Measure R Transit Capital 35% TIFIA Loan Proceeds
(3)
758.7 758.7
734.2 438.0
979.7 438.0
513.1 -
10
11
Subtotal Measure R Projects Funding Plan from $ Measure R Sources Measure R Projects Funding from $ Non-Measure R Sources (4)
$ 1,172.2
1,417.7
513.1
12
$ 1,028.1
1,028.1
13
Total $
758.7
$ 2,200.3
2,445.8
513.1
(1) (2)
(3)
(4)
Note: Totals may not add due to rounding. Excludes $2.3 million amortization cost of bond premium to reflect the total Measure R funding. To the incorporated Cities within Los Angeles County and to Los Angeles County for the Unincorporated Area on a per capita basis for major street resurfacing, rehabilitation and reconstruction, pothole repair, left turn signals, bikeways, pedestrian improvements, streetscapes, signal synchronization, and transit. Metro is planning to draw down $438 million TIFIA (Transportation Infrastructure Finance and Innovation Act) loan in FY15 to fund Measure R Transit Capital 35% activities. Funding from non-Measure R funding sources for Measure R projects: Federal Subsidies $304.3 million; State Subsidies $414.2 million; Local Subsidies $309.6 million.
Page 34
Measure R
FY15 Measure R Project Expenditures NonMeasure R Measure R Total Funds (1) Funds (2) Expenses $ 125.7 4.7 306.8 12.1 194.5 0.3 2.2 175.0 7.4 1.4 2.9 833.0 13.9 9.6 15.5 16.3 12.1 2.0 10.2 14.8 0.0 5.3 16.1 15.5 131.4 12.9 19.0 7.5 3.0 1.0 0.5 2.0 1.7 1.5 1.5 1.0 51.5 6.4 2.0 6.8 5.3 27.9 2.0 50.5 47.8 103.8 4.0 155.6 29.6 7.0 108.5 50.7 1,417.7 $ 152.0 2.3 196.3 1.8 227.9 4.3 197.6 151.9 1.7 0.9 936.7 3.6 3.6 6.5 3.0 9.5 69.4 69.4 8.8 1,028.1 $ 277.7 2.3 4.7 503.1 12.1 194.5 1.8 228.2 4.3 2.2 372.6 159.4 1.7 2.3 2.9 1,769.7 13.9 9.6 15.5 16.3 12.1 2.0 10.2 14.8 0.0 5.3 16.1 19.1 135.0 12.9 19.0 7.5 3.0 1.0 0.5 6.5 3.0 2.0 1.7 1.5 1.5 1.0 61.0 6.4 2.0 6.8 5.3 69.4 27.9 2.0 119.9 47.8 103.8 4.0 155.6 29.6 7.0 108.5 59.5 2,445.8
FY15 Measure R Project FTEs NonMeasure Measure R Total R Funds Funds FTEs (3) 19.1 0.4 10.4 3.1 6.1 0.1 1.8 23.1 1.9 2.0 1.0 69.1 5.9 1.2 0.1 0.7 0.1 1.5 2.7 1.4 0.2 1.2 2.1 1.4 18.3 3.9 1.6 5.5 6.4 2.8 7.8 4.8 0.4 22.2 685.4 19.0 704.4 121.2 18.5 959.2 23.1 2.0 0.1 2.8 37.4 0.1 23.1 5.2 0.6 1.3 95.4 0.2 0.2 95.7 42.2 2.0 0.4 10.5 3.1 6.1 2.8 37.5 0.1 1.8 46.2 7.1 0.6 3.3 1.0 164.5 5.9 1.2 0.1 0.7 0.1 1.5 2.7 1.4 0.2 1.2 2.1 1.6 18.6 3.9 1.6 5.5 6.4 2.8 7.8 4.8 0.4 22.2 685.4 19.0 704.4 121.2 18.5 1,054.9
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 62 63 64 65
$ $
$ $
$ $
$ $
$ $
$ $
$ $
$ $
$ $
$ $
$ $
$ $
$ $ $ $ $ $
$ $ $ $ $ $
$ $ $ $ $ $
Measure R funding sources include Measure R Bond Proceeds, Measure R cash and TIFIA loan. Funding from non-Measure R funding sources for Measure R projects: Federal Subsidies $304.3 million; State Subsidies $414.2 Total MTA FTEs in Measure R Project are 1,054.9, with 262.4 Non-Contract and 792.5 Contract. $2.3 million amortization cost of bond premium is included as Non-MR funding source. Current debt service expenses are funded by Measure R Transit Capital 35% contigency.
(3) (4)
Measure R
Page 35
Page 36
Measure R
Funds
Funds
Page 37
Governmental Funds
Estimated Fund Balances For The Year Ending June 30, 2015 Fund Type
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40
($ in millions)
FY15 Estimated Ending Fund Balance $ 268.1 6.2 4.7 $ $ 279.0 202.4 9.2 6.0 17.4 $ $ 235.0 32.1 30.3 23.2 343.2 83.5 0.8 $ $ 513.1 13.7 49.8 2.5 $ $ $ $ $ $ 65.9 10.9 10.9 158.9 158.9 21.1 47.3
(2) (1) (3) (1) (1) (1) (1) (1) (2) (1) (1)
Proposition A: Discretionary Transit (95% of 40%) Discretionary Incentive (5% of 40%) Rail (35%) Interest Total Proposition A Proposition C: Discretionary (40%) Security (5%) Commuter Rail (10%) Interest Total Proposition C Measure R: Administration (1.5%) Transit Capital - Metrolink (3%) Transit Capital - Metro Rail (2%) Highway Capital (20%) New Rail Operations (5%) Bus Operations (20%) Total Measure R Transportation Development Act (TDA): Article 3 Article 4 Article 8 Total TDA State Transit Assistance (STA): Revenue Share Population Share Total STA PTMISEA Total PTMISEA SAFE Fund Other Special Revenue Funds General Fund: Administration - Proposition A, C, & TDA Mandatory Operating Reserve General Fund / Other Total General Fund Total Note: Totals may not add due to rounding.
(1) (2) (3)
182.1 266.8
(2)
$ $
448.9 1,780.2
Previously allocated to Metro, Municipal Operators and cities. Committed. PTMISEA stands for Public Transportation Modernization, Improvement, and Service Enhancement Account. Committed for capital projects.
Page 38
Funds
Governmental Funds
Statement of Revenues, Expenditures and Changes in Fund Balances For the Years Ending June 30, 2014 and 2015
Special Revenue Fund (1) General Fund FY14 Budget $ 33.8 4.1 20.9 0.5 18.3 $ 77.6 $ FY15 Proposed $ 21.5 4.1 16.2 0.5 0.2 42.4 FY14 Budget $ 2,603.3 541.8 4.6 20.9 0.5 18.3 $ 3,189.3 Total FY15 Proposed $ 2,683.4 449.8 4.6 16.2 0.5 0.2 $ 3,154.7
Governmental Funds
($ in millions)
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
Revenue Sales Tax Intergovernmental Grants Investment Income Lease and Rental Licenses and Fines Other Total Revenues
Expenditures Subsidies Operating Expenditures Debt & Interest Expenditures Debt Principal Retirement Total Expenditures $ $ 1,215.1 370.6 1,585.8 $ $ 1,228.9 286.0 1,514.9 $ 22.8 120.5 1.1 1.1 $ 145.4 $ $ 30.0 134.2 1.0 1.2 166.5 $ 1,237.9 491.1 1.1 1.1 $ 1,731.2 $ 1,258.9 420.2 1.0 1.2 $ 1,681.3
Transfers Transfers In Transfers (Out) Total Transfers $ 22.0 (2,122.7) $ (2,100.7) $ $ 27.2 (2,530.5) (2,503.3) $ $ 122.6 (40.9) 81.7 $ $ 92.1 (30.7) 61.3 $ 144.6 (2,163.6) $ 119.2 (2,561.2)
$ (2,019.0) $ (2,442.0)
(574.8) $
(906.0) $
13.9
(62.7) $
(560.9) $
(968.7)
$ $
2,218.5 1,643.7
$ $
2,237.2 1,331.3
$ 475.0 $ 488.9
$ $
511.6 448.9
$ 2,693.5 $ 2,132.6
$ 2,748.8 $ 1,780.2
Special Revenue Fund includes Measure R fund which is presented separately on page 34 and 35. Beginning FY15 Fund Balances reflect anticipated unspent FY14 budgeted expenditures.
Funds
Page 39
FY14 Budget
Total
Bus
Rail
Transit Court
Regional Activities
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
$ 345.8 20.5
(1)
$ 347.7 21.5 9.9 $ 379.1 $ 228.9 17.4 7.8 $ 254.1 $ 207.7 57.7 139.1 243.9 89.8 $ 738.2 $ 1,371.4 $ 751.9 1,108.3 250.3 $ 2,110.6 $ 3,482.0 $ 843.0 66.3 97.8 178.0 51.2 45.9 57.0 32.2 $ 1,371.4 2,089.4 21.2 $ 2,110.6 $ 3,482.0 $ -
$ 260.2 19.2 8.5 $ 287.9 $ 149.2 4.0 $ 153.2 $ 114.7 52.5 107.8 232.5 33.2 $ 540.7 $ 981.8 $ 190.1 107.5 $ 297.6 $ 1,279.4 $ 652.4 29.3 69.9 58.5 47.1 45.9 36.1 21.4 21.2 $ 981.8 297.6 $ $ 297.6 $ 1,279.4
87.0 2.3 -
1.4
0.5 -
6.1 $ 372.4 $ 210.8 24.1 14.5 $ 249.4 $ 93.2 27.7 155.3 330.0 121.1 $ 727.2 $ 1,349.0 $ 652.7 583.0 376.1 $ 1,611.8 $ 2,960.8 $ 835.8 57.9 98.1 182.0 46.6 45.9 54.2 28.5 $ 1,349.0 1,586.7 25.1 $ 1,611.8 $ 2,960.8 $ -
$ $
$ $
1.4 -
$ $
0.5 4.4 -
$ $
$ $
$ $
$ 180.5 $ 366.4 $ 561.8 1,000.8 250.3 $ 1,812.9 $ 2,179.4 $ 171.1 37.0 22.6 99.6 4.1 17.3 7.3 7.3 $ 366.4 1,791.8 21.2 $ 1,812.9 $ 2,179.4 $ -
$ $ $
1.4 -
$ $ $
17.0 21.9 -
$ $ $
$ $ $
1.4 -
21.9 -
$ $ $
1.4 -
$ $ $
21.9 -
Other Revenues includes, toll, parking, vending revenues, county buy down, transit court and other miscellaneous revenues. Includes funding from Sales Tax, General Fund, State Repayment of Capital Project Loans, and State Proposition 1B cash funds. Year-to-year changes in overhead distribution reflect changes in overhead allocation approved by Federal funding partners. Other Expenses includes utilities and credits, taxes, advertisement/settlement, travel/mileage/meals, training/seminars/periodicals. Capital expenses for operations and planning are combined for reporting purpose.
(3) (4)
(5)
Page 40
Funds
FY14 Budget
Total
Union Station
Express Lanes
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22
$ $ $ $ $ $
12.4 0.9 13.3 2.7 2.7 16.1 0.8 13.5 0.2 0.1 1.2
$ $
33.5 33.5 -
$ $
2.8 2.8 -
$ $
30.7 30.7 -
$ $ $
$ $ $
$ $ $
$ $
15.9 0.2 -
5.5
0.7
4.8
Toll revenues in excess of expenses will be reinvested within the Transit Corridor where ExpressLanes operates. Subsidy provided to Other Operators.
(2)
Funds
Page 41
Page 42
Funds
Service Statistics
Service Statistics
Page 43
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
Statistic Service Provided (000) Revenue Service Hours (RSH) Revenue Service Miles (RSM) Service Consumed (000) Unlinked Boardings Passenger Miles Operating Revenue (000) Fare Revenue Advertising/Other Total Operating Cost Data (000) Transportation Maintenance Other & Support Cost Total Subsidy Data (000): Per Boarding Statistics Fare Revenue Operating Cost Subsidy Passenger Miles Fare Recovery % Per RSH Statistics Revenue Boardings Passenger Miles Transportation Cost Maintenance Cost Other & Support Cost Total Cost Subsidy Per Passenger Mile Statistics Revenue Revenue Mile Transportation Cost Maintenance Cost Other & Support Cost Total Cost Subsidy
% Inc 0.2% 0.3% 0.7% 1.7% 0.7% 4.8% 0.9% -2.2% 1.6% 4.7% 1.4% 1.7% 0.0% 0.0% 1.0% 1.0% -0.9% 0.7% 0.5% 1.5% -2.3% -0.4% 4.5% 1.3% 1.5% -0.8% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
0.3% $ 87,611 4.8% $ 2,191 0.7% $ 89,802 -3.3% 0.7% 4.9% 0.5% $ 53,101 $159,209 $139,907 $352,217
1.3% $ 345,773 4.9% $ 27,310 1.4% $ 373,083 5.9% 3.2% 4.2% 4.0% $ 427,108 $ 444,246 $ 457,524 $ 1,328,878
$ 693,379 $ $ $
$ 696,541 0.70 0.77 1.89 4.04 26.4% 40.40 52.23 211.02 51.22 40.64 47.18 139.03 98.64 0.19 0.05 0.24 0.19 0.22 0.66 0.47
0.5% $262,415 0.0% $ 0.0% $ 0.0% $ 0.0% 0.0% 0.5% 0.1% 0.2% -3.5% 0.5% 4.7% 0.3% 0.3% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.1% 0.0% 0.0% 0.0% 0.0% $
4.9% $ 955,795 0.0% $ 0.0% $ 3.0% $ 2.3% -2.6% 1.4% 1.8% 4.2% 5.9% 3.2% 4.2% 4.0% 4.9% -2.7% 0.0% 1.6% 0.0% 0.0% 0.0% 0.6% 0.0% 0.0% 0.0% 0.0% 0.0% $
0.70 $ 0.77 $ 1.89 $ 4.04 26.4% 40.19 52.17 210.66 53.06 40.44 45.06 138.56 98.37 0.19 0.05 0.25 0.19 0.21 0.66 0.47 $
0.70 $ 0.72 $ 2.11 $ 6.22 24.9% 87.37 120.79 751.11 51.66 154.90 136.12 342.69 255.32 0.12 0.03 0.07 0.21 0.18 0.46 0.34 3.56 0.09 0.05 19.04 1.22 $
0.70 $ 0.76 $ 1.94 $ 4.59 26.0% 46.19 60.91 279.44 52.88 107.89 56.65 164.54 118.34 0.17 0.04 0.19 0.20 0.20 0.59 0.42 5.30 0.10 0.05 19.04 0.58 $
$ $ $ $ $ $ $ $ $ $ $
$ $ $ $ $ $ $ $ $ $ $
$ $ $ $ $ $ $ $ $ $ $
$ $ $ $ $ $ $ $ $ $ $
$ $ $ $ $ $ $ $ $ $ $
$ $ $ $ $ $ $ $ $ $ $
FTE's per Hundred Operators per RSH 5.58 5.58 Mechanics per RSM 0.11 0.11 Service Attendants RSM 0.06 0.05 MOW Inspectors per RM * Transit Operations Supervisors 0.48 0.48 per RSH * per route mile Percentage calculations based on un-rounded amounts.
Page 44
Service Statistics
Boardings (000s)
FY14 Budget 342,761 1,298 9,321 14,373 367,753 32,674 15,272 15,074 11,842 49,290 124,152 491,905 FY15 Proposed 343,137 1,825 9,521 14,373 368,856 33,273 15,552 15,350 12,059 50,196 126,430 495,286
1 2 3 4 5 6 7 8 9 10 11 12 13 14
Mode Bus Local & Rapid Silver Line Orange Line Purchased Transp Subtotal Bus Rail Blue Line Green Line Gold Line Expo Line Heavy Rail Subtotal Rail Totals
Mode Bus Local & Rapid Silver Line Orange Line Purchased Transp Subtotal Bus Rail Blue Line Green Line Gold Line Expo Line Heavy Rail Subtotal Rail Totals
Inc/(Dec) 376 527 200 1,103 599 280 276 217 906 2,278 3,381
13,018
1 2 3 4 5 6 7 8 9 10 11 12 13 14
Mode Bus Local & Rapid Silver Line Orange Line Purchased Transp Subtotal Bus Rail Blue Line Green Line Gold Line Expo Line Heavy Rail Subtotal Rail Totals
Mode Bus Local & Rapid Silver Line Orange Line Purchased Transp Subtotal Bus Rail Blue Line Green Line Gold Line Expo Line Heavy Rail Subtotal Rail Totals
Inc/(Dec) 3,107 2,043 144 5,294 7,699 3,252 3,071 4,631 13,893 32,546 37,840
282,491
Service Statistics
Page 45
Page 46
Service Statistics
Page 47
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
128,937 $ 19.75 $ 31,847 4.88 42,234 6.47 (699) (0.11) 135 0.02 202,455 $ 31.01 $
129,381 $ 19.78 $ 444 $ 32,928 5.03 1,081 44,978 6.87 2,744 (875) (0.13) (177) 216 0.03 81 206,628 $ 31.58 $ 4,173 $
$ 1,625 $ 1,625
0.24 0.24
$ $
$ $
$ (1,629) $ (0.25) 140 0.02 (2,300) (0.36) (70) (0.01) $ (3,860) $ (0.61) $ 1,938 $ 0.21
$ 43.65
$ 43.86
Page 48
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 62 63 64 65 66 67 68 69 70 71 72 73
$ $
1,476 5,296 1,441 20,309 9,943 7,797 2,930 2,325 16,214 1,821 888 70,440 927,671 6,530
0.23 0.81 0.22 3.11 1.52 1.19 0.45 0.36 2.48 0.28 0.14 $ 10.79 $142.07
$ $
577 4,590 1,504 20,803 10,600 8,723 3,188 2,508 19,256 1,820 1,307 74,875 932,861 6,543
0.09 0.70 0.23 3.18 1.62 1.33 0.49 0.38 2.94 0.28 0.20 $ 11.44 $142.58
(899) $ (0.14) (706) (0.11) 63 0.01 494 0.07 657 0.10 927 0.14 258 0.04 183 0.03 3,042 0.46 (1) (0.00) 419 0.06 $ 4,435 $ 0.66 $ 5,190 13 $ 0.51
$138.56
$139.03
$ 5,150 13
Page 49
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 62
$ (1,400) $ (1.36) (441) (0.43) (1,455) (1.42) 6,650 6.47 $ 3,355 $ 3.26
$ $
$ $
$ $
$ $
(81) $ (0.08) 978 0.95 2,000 1.95 $ 2,897 $ 2.82 $ 5,089 $ 4.95
64,919 20,119 101 5,562 3,886 7,029 60 2,686 2,402 4,289 429 111,482
63.16 19.57 0.10 5.41 3.78 6.84 0.06 2.61 2.34 4.17 0.42 108.47
65,271 20,467 101 5,320 4,205 7,767 60 2,721 2,903 4,496 442 113,753
63.51 19.91 0.10 5.18 4.09 7.56 0.06 2.65 2.82 4.37 0.43 110.68
352 $ 0.34 348 0.34 (243) (0.24) 319 0.31 738 0.72 34 0.03 502 0.49 207 0.20 13 0.01 $ 2,272 $ 2.21
$ $
22.48 2,553 669 6,077 6,201 2,213 2,682 1,360 5,127 828 693 28,425 352,217 1,028
$ $
0.02 2.48 0.65 5.91 6.03 2.15 2.61 1.32 4.99 0.81 0.67 27.66 342.69
$ $
55 2,419 709 6,714 5,765 4,285 3,087 1,504 5,918 858 679 31,992 366,292 1,028
$ $
0.05 2.35 0.69 6.53 5.61 4.17 3.00 1.46 5.76 0.84 0.66 31.13 356.38
33 $ 0.03 (134) (0.13) 40 0.04 636 0.62 (436) (0.42) 2,072 2.02 406 0.39 143 0.14 791 0.77 30 0.03 (15) (0.01) $ 3,567 $ 3.47 $14,074 $13.69
Page 50
Appendix I
Page 51
1 2 3 4 5
PTSC ($ in millions) Revenue Expenses Increase(decrease) in retained earnings Retained earnings - beginning of year Retained earnings - end of year
Note: Totals may not add due to rounding.
Notes: - Expo budget will be changed based on Expo Board's adoption of FY15 budget. - FY15 Budget is composed of Phase I $54 million and Phase II $449.1 million. - Funding for all Expo projects LOP is provided by Metro. Additional funding outside the LOP is provided by municipalities for improvements within their city limits.
Page 52
Appendix I
FY14 FY15 Budget Proposed $ 8.8 $ 9.5 11.7 11.4 (2.9) (1.9) (1.5) (5.0) 32.5 28.1 $ 28.1 $ 21.1
Appendix I
Page 53
Page 54
Appendix I
Appendix II
Page 55
FY15 Proposed
Life of Project
Note
Measure R Transit Program Crenshaw/LAX Crenshaw/LAX Light Rail Transit: Construction Crenshaw/LAX Light Rail Transit: Planning Phase I Crenshaw/LAX Light Rail Transit: Planning Phase II Southwestern Maintenance Yard Total Crenshaw/LAX EXPO I Expo Blvd Light Rail Transit Phase I: Metro Incurred Expo Blvd Light Rail Transit Phase I: Expo Authority Incurred Total EXPO I EXPO II Division 22 Paint And Body Shop Expo Blvd Light Rail Transit Phase II: Holdback Expo Blvd Light Rail Transit Phase II: Non-Holdback Expo Blvd Light Rail Transit Phase II: Construction Expo Blvd Light Rail Transit Phase II: Planning Expo Phase II Bikeway Total EXPO II Gold Line Foothill Extension Gold Line Foothill Extension to Azusa: Construction Gold Line Foothill Extension to Azusa: Planning Gold Line Foothill Maintenance Facility - Metro 75% Total Gold Line Foothill Extension Measure R Vehicles Light Rail Vehicle Procurement for Measure R & Fleet Replacement Total Measure R Vehicles Orange Line Extension Metro Orange Line Extension Total Orange Line Extension Purple Line Extension Heavy Rail Vehicle Procurement Non-Revenue Vehicle for Transit Project Delivery Department Westside Subway Extension: Section I Westside Subway Extension: Section II Westside Subway Extension: Planning Phase I Westside Subway Extension: Planning Phase II Total Purple Line Extension Regional Connector Regional Connector: Construction Regional Connector: Planning Total Regional Connector Total Measure R Transit Construction Measure R Transit Planning Airport Metro Connector Eastside Extension Phase II Eastside Light Rail Access Green Line Extension: Redondo to South Bay San Fernando Valley East North/South Rapidways Sepulveda Pass Transit Corridor West Santa Ana Branch Corridor Total Measure R Transit Planning Project $ $ $ $ 157,862 26,673 184,534 3,443,564 8,207 22,040 9,586 7,242 8,627 6,794 2,959 65,456 $ $ $ $ 227,862 299 228,161 1,689,243 2,882 2,349 4,682 1,755 2,287 4,288 2,194 20,437 $ $ $ $ 412,695 412,695 7,543,023 11,089 24,390 14,268 8,998 10,914 11,082 5,153 85,893 7,628,916 3 3 3 3 3 3 3 $ $ 2,276 852 222,376 28,403 8,505 36,770 299,181 $ $ 2,010 350,292 21,948 341 374,592 $ $ 10,910 950 650,267 49,279 711,406 $ $ 137,065 137,065 $ $ 1,674 1,674 $ $ 215,600 215,600 $ $ 100,394 100,394 $ $ 12,075 12,075 $ $ 739,000 739,000 4 $ $ 391,610 508 138,010 530,127 $ $ 194,468 57 69,428 263,953 $ $ 741,000 207,437 948,437 1 $ $ 492 52,472 143,811 636,671 392 7,355 841,194 $ $ 385 83,954 30,241 325,800 8,747 449,127 $ $ 1,511,158 16,102 1,527,260 $ $ 103,945 826,942 930,887 $ $ 9,315 44,700 54,015 $ $ 930,625 930,625 $ $ 287,976 5,526 20,054 106,626 420,183 $ $ 277,717 27,931 305,647 $ $ 2,058,000 2,058,000 2
$ $
Total Measure R Transit Program $ 3,509,020 $ 1,709,681 Note: Totals may not add due to rounding. Note 1: Planning Phase I & II are annually funded and do not require a Life of Project (LOP). Note 2: Southwestern Yard is partially funded through the Crenshaw/LAX Light Rail Transit Construction LOP. Note 3: No Board Adopted LOP during planning phase; project is funded on an annual basis. Note 4: LOP includes $242.5M for Expo I & II, $57.7M for Gold Line Foothill Extension and $82.1M for Crenshaw.
Page 56
Appendix II
FY15 Proposed
Life of Project
Note
Blue Line Metro Blue Line Overhead Catenary System Rehabilitation Metro Blue Line Pedestrian & Swing Gate Installations Metro Blue Line Signal System Rehabilitation Metro Blue Line Traction Power Sub-Stations Rehabilitation Total Blue Line Green Line Metro Green Line Signal System Rehabilitation Metro Green Line Signal System Rehabilitation - Phase II Total Green Line Red/Purple Line Metro Red Line Operator Cab Camera Installation Metro Red Line to Orange Line Underpass at North Hollywood Station Metro Red Line Universal City Pedestrian Bridge Total Red/Purple Line Bus Bus Division Backup Generators Total Bus Systemwide Automated License Plate Recognition Network Phase I Automated License Plate Recognition Network Phase II Emergency Operations Booth at Divisions Fiber Optic Connection EOB/RTACR Metro Blue and Green Line Transit Passenger Info System Metro Emergency Operations Center Metro Emergency Radio System Phase I Metro Intelligent Video Metro Mobile Command Vehicle Metro Security Kiosks at Rail Stations Seismic Monitoring System Replacement Simulcast Security Radio System Upgrade UFS Security - Purchase Card Industry (PCI) Compliance Union Station Smart Hi Definition CCTV Video Security System Enhancement Total Systemwide Total Safety & Security Blue Line Division 11 Body Shop Ventilation Division 11 Water Mitigation Light Rail Vehicle (P2000) Midlife Overhaul Light Rail Vehicle (P865/P2020) Midlife Overhaul Light Rail Vehicle Fleet Enhancement Long Beach Duct Bank Upgrade Metro Blue Line Communication & Signal Building Rehabilitation Metro Blue Line Rail Replacement & Booting Metro Blue Line Station Refurbishments Metro Blue Line Turnout Replacement Metro Blue Line Wheel True Machine Metro Blue Line Yard Signal System Rehabilitation P2000 Vehicle Component Replacement P2000 Vehicle Signaling Package Upgrade Total Blue Line Gold Line Division 21 Car Wash Improvement Pasadena Gold Line Headway Improvements Pasadena Gold Line SONET Upgrade Total Gold Line Green Line Metro Green Line Central Automatic Train Control System Rehab Metro Green Line Material Storage Building & Offices Upgrade Total Green Line Note: Totals may not add due to rounding. Note 1: LOP adjustment in process.
$ $ $ $
1,709 1,684 898 74,764 79,055 1,908 1,009 2,917 2,179 5,710 5,600 13,490 627 627 1,852 837 100 50 3,305 12,868 426 1,020 641 1,277 109 673 910 699 1,864 26,630 122,720
$ $ $ $
1,246 1,168 4,674 298 7,385 1,503 1,338 2,842 1,348 7,999 15,778 25,125 215 2,682 1,458 223 3,873 12 50 3,324 1,148 382 13,366 48,718
$ $ $ $
13,000 7,700 64,000 82,200 166,900 3,600 7,800 11,400 6,380 22,000 27,300 55,680 3,700 3,700 2,069 1,602 452 450 5,987 16,103 621 734 1,250 5,150 275 1,318 19,500 1,849 1,500 58,860 296,540
$ $ $ $
$ $ $ $
$ $ $ $
$ $
$ $
$ $
91 Rail Deferred Maintenance 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
$ $
538 1,303 796 9,131 113,483 424 839 2,092 35 516 50 5,352 1,721 136,278 295 451 928 1,674 162 875 1,037
$ $
643 872 5,932 435 1,496 9,291 298 67 648 2,925 1,643 24,248 136 190 2,054 2,379 317 317
$ $
2,200 2,000 130,800 30,000 152,919 980 1,800 13,000 33,430 2,350 2,200 4,600 26,360 3,364 406,003 670 1,400 9,227 11,297 750 1,192 1,942
New
$ $ $
$ $ $
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117 118 119 120 121 122 123 124 125 126 127 128 129 130 131 132 134 135 136 137 138 139 140 141 142 143 144 145 146
$ $
$ $
$ $
$ $ $
$ $ $
$ $ $
147 Bus Deferred Maintenance 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175
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176 177 178 179 180 181 182 183 184 185 186 187 188 189 190 191 192 193 194 195 196 197 198 199 200 201 202 203 204 205 206 207 208 209 210
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$ $
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211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258 259 260 261 262 263 264 265 266 267 268 269 270
$ $ $
253 253 140 8,728 887,147 54,336 305 25 81 950,761 3 265 268 2,092 673 169 22,092 3,245 28,271 979,554 1,230 233 289 468 807 80 65,059 550 160 305 1,031 433 535 601 328 4,035 548 114 927 115 77,849 58,363 107,591 3,790 7,347 177,091
$ $ $
619 619 152 2,400 65 224 708 3,549 164 273 438 105 408 71 775 175 1,533 88 148 236 6,375 10 738 564 450 991 24,272 603 2,714 152 31 304 80 72 1,634 32,614 156 60 9,348 9,564
$ $ $
8,000 8,000 1,024 9,079 898,814 55,903 750 600 1,874 968,044 9,700 1,200 10,900 3,600 4,000 300 22,867 3,639 34,406 240 421 661 1,022,011 1,240 1,659 5,838 4,250 20,866 86 104,200 950 205 3,102 6,500 465 373 1,031 1,164 615 615 400 7,845 684 149 990 750 163,976 60,106 116,037 3,850 30,984 210,977
$ $ $ $
$ $ $ $
$ $ $ $
$ $ $ $ $
$ $ $ $ $
$ $ $ $ $
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271 272 273 274 275 276 277 278 279 280 281 282 283 284 285 286 287 288 289 290 291 292 293 294 295 296 297 298 299 300 301 302 303 304 305 306 307 308
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1 2 3 4 5 6 7 8
$ $
$ 218,654 (218,654) $ $
$ $
$ $
2.0% $ 7,172,000 91.7% 328,690,094 6.3% 22,737,906 Total $ 367,100,000 36,710,000 174,372,500 244,121,500 226,108,329 38,937,871 265,046,200
1,958,128 $ 1,958,128 -
9 10 11 12 13 14 15 16 17
Proposition A: Administration 5.0% $ Local Return 25.0% Rail Development 35.0% Bus Transit: 40.0% 95% of 40% Capped at CPI (2.3%) 95% of 40% Over CPI Sub-total $ 5% of 40% Incentive Total Proposition C: Administration Rail/Bus Security Commuter Rail Local Return Freeways and Highways Discretionary
226,108,329 38,937,871 $ 265,046,200 15,049,289 $ 757,433,937 11,883,415 39,017,211 78,034,423 144,637,400 195,086,057 312,137,692 $ 780,796,198 $ $ 44,852,452 48,406,411 93,258,863 $
2 4
221,024,760 34,707,640 $ 255,732,400 14,287,855 $ 725,902,331 11,281,135 37,039,726 74,079,453 139,554,800 185,198,632 296,317,810 $ 743,471,556 $ 64,145,077 51,464,498 $ 115,609,575 $
13,949,800 $ 734,200,000
$ $
18 19 20 21 22 23 24
1.5% $ 11,013,000 5.0% 36,159,350 10.0% 72,318,700 20.0% 144,637,400 25.0% 180,796,750 40.0% 289,274,800 Total $ 734,200,000 $ 51,270,767 48,928,358 $ 100,199,125
1 5
25 26 27
State Transit Assistance: Bus (PUC 99314 Rev Base Share) Rail (PUC 99313 Population Share) Total Measure R: Administration Transit Capital - New Rail Transit Capital - Metrolink Transit Capital - Metro Rail Highway Capital Operations New Rail Operations Bus Local Return
28 29 30 31 32 33 34 35 36 37 38 39
1.5% $ 11,013,000 35.0% 253,115,450 3.0% 21,695,610 2.0% 14,463,740 20.0% 144,637,400 5.0% 36,159,350 20.0% 144,637,400 15.0% 108,478,050 Total $ 734,200,000 $ 2,669,899,125 $ 67,236,000
833,375 19,153,745 1,641,750 1,094,500 10,944,997 2,736,249 10,944,997 n/a $ 47,349,613 $ 139,199,044 $ 4,597,182
11,856,326 272,556,769 24,008,176 15,596,268 155,720,916 38,971,106 155,612,900 108,478,050 $ 782,800,512 $ 2,812,501,541 $ 71,843,133
3 1
11,659,084 260,991,997 22,760,091 14,978,095 149,292,032 37,402,164 147,479,831 104,664,614 $ 749,227,908 $ 2,715,012,353 $ 69,039,837
Total Funds Available for Allocation Total Planning & Admin Allocations: (Lines 4, 9, 18 and 28)
9,951
Note: Totals may not add due to rounding. 1) Sales Tax and TDA Revenue estimate is 3.6% over FY14 budget based on review of several economic forecasts. 2) Consumer Price Index (CPI) of 2.3% represents a composite index from several economic forecasting sources applied to Proposition A Discretionary allocated to included operators. 3) Local Return subfunds do not show carryover balances. These funds are distributed in the same period received. 4) Proposition A 95% of 40% Bus Transit current year estimate will be used to fund eligible and Tier 2 operators. The carry-over is not shown since it has been converted into Proposition C 40% Discretionary to fund various Board-approved discretionary programs. 5) STA Bus (PUC 99314 Revenue Base Share) estimate from the State Controller's Office is further reduced by $4.5 million to reflect estimated shortfall in FY14.
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