® orca ee etn ACE ey October 2008 FY 09 - Key Performance Report Management Notes: Reported expenditures through October are under budget by $355 thousand. The current expenditure amount is understated and will be adjusted to reflect an additional $300 thousand in savings from the change to the District's pension amortization schedule. The District's operating budget with respect to fare revenue has been adjusted to reflect the higher assumption that the Board approved in October. Operating revenue is below budget by $122 thousand with a total operating deficit of $863 thousand fiscal year-to-date. The current operating revenue numbers do not include a pending CNG tax credit estimated at $500 thousand, this amount combined with the change in the pension amortization schedule will result in a balanced budget year-to-date * For the second consecutive month, RT's fare revenue is above $2.6 million. The goal for farebox recovery has been adjusted and increased from a goal of 21.1% to 23.9% as a result of the higher fare revenue assumption in the amended budget. October's fare recovery ratio is at 24% surpassing the intended goal by .10% and is 3.6% higher year-to-date compared to FY 2008 * In spite of the dramatic fall in gas prices (october 2008 gas prices fet fom $3.60 to $2.60), RT's system wide ridership for the month of October marked a 14.6% jump from a year earlier. Rail ridership continues to see increases at 19.3% and despite a 5% bus service reduction implemented in January 2008, bus ridership is 10.3% higher compared to the same time last year. © The District's cost per passenger for both bus and rail service for the month of October are well below budgeted levels. Due to higher ridership year-to-date the District has adjusted the cost er passenger goal and decreased it from $5.37 to $5.30 for bus and from $3.02 to $2.97 for rail © RT's other cost factors (cost per hour/cost per mile) continue to trend positive (below expectations), * In October, light rail productivity came in slightly below RT's goal and bus productivity exceeded the District's goal by more than 12% for the second consecutive month. In FY 2008 the District's light rail productivity level was set at 70 passengers per revenue hour and has been raised 17% for FY 2009 to 82 passengers per revenue hour. * Inthe month of October, both rail and bus service surpassed the District's performance goals for mean distance between failures. Rail service was reported at over 21,000 miles between service calls and bus service was reported at over 25,000 miles between service calls. * RT's bus service on-time performance report is slightly above the District's goal. * Completed trips for both rail and bus continue to meet our very high standard. «The District continues to monitor security statistics from RT Police Services and RT's Customer Advocacy Department. Ridership continues to steadily increase and the percentage of passengers inspected in the month of October is slightly over 12%. * Employee availability indicates improvement with the District gaining over half a day per employee.Operating Budget Year-to-date expenses exceed revenues by $863 thousand and total revenues are above budget by $122 thousand and operating costs are below budget by $355 thousand. income Fare Revenue Contracted Services Other Income Carryover Local Subsidy Federal Subsidy Expenses Labor/Fringes Services Supplies Utlties Insurance/Liability Other Expenses Net Operating Surplus (Deficit) Unfunded Capital Projects ‘Total Fiscal Result October 2008 FY 2009 YTD Actual Budget Variance | Actual Budget Variance $ 2688 $ 2732 $ (441 11,040 $ 10.930 § 110 304 395 (1) 1,575 1,581 (6) 148 322 (174) 871,286 (469) 405 405 - 1,620 1,620 4479 8,336 (1,857)] 25,831 25,344 487 1,902 1,902 7607 = 7,607 10,016 12,092 (2,076) 30,863 31,334 4a 2,181 2,165 (16) 8561 8,661 100 906 883 (23) 3691 3,831 (160) Ang 466 82] 2173 1,864 (309) 3379 3,382 3 686 936 $ 12,249 $ 12426 $ 177 | $ 49,353 § 49,708 $ 355 $ (2,233) $ (863)Fare Recovery Ratio Compared to October 2007 the fare recovery ratio for October 2008 increased by 2.1%. FY2009 OCTOBER GOAL VARIANCE YTD Total Fare 9 | Recovery 24.0% 23.9% 10% 24.4% | -FY2008 Total Fare 21.9% 20.6% += 1.3% 20.8% Recovery sy Ai) Sep Oct Nov Dac Jan Fab Mar AG May ne Variance 2.4% 3.3% 3.6% i ECOVERY FY2009_| Novor | DECOT | JaNos | FEBOE | MAROB | APROB | MAYO | JuNos | JuLce | aucos | sePros / ocroa Total Fare Recovery 20.0% | 19.7% | 20.0% | 22.2% | 19.5% 21.5% 23.0% | 29.6% | 25.3% | 25.5% | 23.5% | 24.0% Bus Fare Recovery tos% | 203% | 197% | 194% Light Rail Fare Recovery | | | sean | vam | aan | sz2m Total Ridership Total Ridershi 2,600,000 3,300,000 | Compared to October 2007, total 2.00000 fags te, | combined bus and rail ridership for a October 2008 increased 14.6%. 2.400000 | * =e FY2009 OCTOBER YTD ey Total Ridership 3,328,800 12,134,000 a ee re | July Aug = Sep Oct «= Nov (Dec Jan Feb Mar Apr = May = June: Total Rldoeeti. 2,905,600 10,658,200 <—— Variance 14.56% 13.84% Novo7 DECo7 | JANo8 | FEBOS MAR OB APR 0B MAY 08 JUN0B | JULO8 | AUGO8 | SEPTos | ocTos 2,795,700 | 2,807,100 | 2481,100 | 2,873,300 | 2,693,500 | 2,091,000 | 236,200 | 2,716,100 | 2.02,000 | 2.778.400 | 133,900 | 3.326.600‘otal Bus Ridership 4,800,000, Bees J WON Awe, Bus Ridership Compared to October 2007, total bus ridership for October 2008 increased 10.3%, 900,000 FY2009 OCTOBER YTD i | Bus Ridership 1,701,800 6,127,100 £00,000 a | FY2008 | uy Aug Sep Oct Nov Dec Jan Fe) Mar Apr May June Bus Ridership 1,542,200 5,534,700 ee ) Variance 10.3% 10.7% Novoy | DECO7 | JANOB | FEBOB | MAROS | APRO& | MAYOB | JUNOB | JULOs | AUGOB | SEPTOB | ocTos 1,427,800 | 1,268,500 | 1,245,800 | 41,308,900 | 1,524,300 | 1,629,400 | 1,575,700 | 1,295,700 | 1,388,300 | 1,982,000 1,645,000 | 1,701,800 ‘Total Rall Ridership 1,800,000 5,600,000 1,400,000 Ne | 1,200,000 SS nl 1,000 00 | 00.000 | "600,900 -—— = Jy” Aug Sep Oct Nov Dee Jan Feb t NOV 07 | DEC 07, JAN 08 FEB O08 MAR 08 1,367,900 | 1,238,600 | 4,205,300 | 4,267,400 | 1,300,200 a™ ti Apr My sine May 08, 1,869,000 APR 08 4,561,600 Light Rail Ridership Compared to October 2007, total rail ridership for October 2008 increased 19.3%. FY2009 OCTOBER YTD Rail Ridership 1,627,000 6,006,900 FY2008 Rail Ridership 1,363,400 5,123,500 Variance 19.33% 17.24% JUNOB | JULO8 | AUGOB | SEPTOB | ocToB | sazoato | soso | ranean | tasoce | eonRolling Year Ridership Totals f — | 20,000,000 22,000,000 24,000,000 34,246,500 ‘OCT 2008 lorship NOV 2006 - OCT 2007 Total Ridership 31,626,200 Change 2,620,300 Variance 8.28% Nov-07, Dec-07 Jan-08 Total Ridership 2,795,700 2,607,100 2,451,100 Light Rail Ridership 1 ssrsto 23600 1208300 Bus Ridership 47a 1208500 1245,800 Nov-06 Dec-06 Jan-07, Total Ridership 2,641,900 2,626,600 2,476,900 Light Rait Ridership 1217600 1170800 1.473700 Bus Ridership 1,424,200 1,446,800 1,303,200 Fel 2,573,300 11,257,400 + 305,900 Feb-07 2,430,800 4.477,600 1.281,200 ‘= Nov 2006 - Get 2007 Nov 2007 - OCT 2008 Bus Ridership 17,200,200 NOV 2006 — OCT 2007 Bus Ridership 16,702,900 497,300 2.97% Mar08 —Apr-08 —May-08 2.833800 2,881.0003244,700 1303200 tset.600 1.99000 ts2e00 14294001 575,700 Mar-07 —Apr-07— May-07 2.782000 2484600 3012.00 1.32400 1085400 1.384900 t4er200 1398200 taze0n0 Nov 2 Jun-08 2,716,100 4420,400 41,296,700 Jun-07 2,494,300 41,252,000 1242,300 34,246,500 ‘Total Ridership f 41,626,200 | 000 = Oct 2008 NOV 2007 ~ OCT 2008 Rail Ridership 17,046,300 NOV 2006 ~ OCT 2007 Rail Ridership 14,923,300 2,123,000 14.22% Jul-08 — Aug-08 ~—Sep-08 2.892.900 278.400 3,133,900 1,804,609 7.986.400 1,488,900, 41,988,900 1,992,000 1,646,000, Juo7 — Aug-07Sep-07 2,487,100 2,718,000 2.547.600 4,263,100 1,281.400 1,218,600, 4,224,000 1,436,600 1,381,900 47,048,300 38,000,000 40,000,000, 17,200,200 Oct-08 3,328 800 4,627,000 1,701,800 Oct-07 2,908 600 1,363,400 1,542,200,