_____________________________________________________

Proposed
FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Office of Management and Budget
One Gateway Plaza
Los Angeles, CA 90012-2952

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Addendum to Proposed FY08 Budget
A. Program an additional $32 million of fare revenues to fund bus and rail operating
expenses as approved by the Board at the May 2007 meeting;
B. Reduce rail funding by $5.2 million of Proposition C40% revenues and reprogram
those revenues to CP#201044 FY08 CNG Articulated Bus Buy - $4 million and
CP#200225 Universal Fare System - $1.2 million;
C. Program an additional $4.1 million of advertising revenues to the bus operating
budget and an additional $300,000 of advertising revenues to the rail operating
budget as approved by the Board at the June 2007 meeting;
D. Program $35 million of CNG fuel credits (FY07 actual allocation of $15 million and
FY08 expected allocation of $20 million) from the General Fund balance to the bus
operating budget;
E. Program an additional $5 million of Proposition C40% revenues to the Immediate
Needs program as approved by the Board at the May 2007 meeting;
F. Decrease Metro Bus revenues by $1,146,284 in the Enterprise Fund and increase
Subsidies to Others by $1,146,284 in the Special Revenue Fund to accommodate
revised funding marks for Formula Allocation Procedure (FAP) adjustments made
subsequent to printing the proposed budget book.

Proposed FY08 Budget

Addendum • A

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

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B • Addendum

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Table of Contents
Budget Highlights .......................................................................................................................1
Funding and Expense/Expenditure Summaries ........................................................................4
Enterprise Fund Summary of Revenues and Expenses .............................................................5
Service Levels ...............................................................................................................................6
FY08 Bus Operating Statistics.....................................................................................................8
Fare Revenue .............................................................................................................................11
Enterprise Fund ......................................................................................................................... 12
Activity Based Bus Cost Model..................................................................................................14
Activity Based Orange Line Cost Model ...................................................................................16
Activity Based Blue Line Cost Model ........................................................................................17
Activity Based Green Line Cost Model .....................................................................................18
Activity Based Gold Line Cost Model........................................................................................19
Activity Based Heavy Rail Cost Model ......................................................................................20
Modal Operating Statistics ........................................................................................................22
Capital Program Project List .....................................................................................................24
Governmental Funds.................................................................................................................28
Special Revenue Funds..............................................................................................................30
Regional Programs .................................................................................................................... 32
Fund Balances............................................................................................................................34
FY08 LACMTA Financial Organization Chart .........................................................................35
Summary of Budgeted FTEs ..................................................................................................... 36
Metro Summary FTE & Expenditures Budget..........................................................................38
FY08 Debt Service Schedule...................................................................................................... 40
Propositions A & C, and TDA ...................................................................................................42
Summary of Revenue & Carryover by Source ..........................................................................44
Public Transportation Services Corporation ............................................................................46
Agency Fund ..............................................................................................................................48
Service Authority for Freeway Emergencies.............................................................................50
Exposition Metro Line Construction Authority ........................................................................ 52

Proposed FY08 Budget Book

Table of Contents • i

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

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ii •Table of Contents

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Budget Highlights
Metro Bus and Metro Rail
Operations

Metro Bus and Metro Rail Capital
Program

The Enterprise Fund includes 7.8 million
Metro Bus and Metro Orange Line
revenue service hours and 651,000 Metro
Rail revenue service hours. Budget
highlights are the following:

The FY08 annual expenditure for the
capital program is budgeted at $477.6
million for Metro and $167.6 million for
Exposition Line Phase I. The program
includes major construction projects as
well as bus and rail infrastructure projects.
Capital program highlights are the
following:

• Increase bus service by 21,213 hours to
reflect the same number of bus runs as
FY07 but at a lower average mile per
hour.
• No significant changes to rail service
hours.
• Increase hours of service on the Metro
Orange Line to accommodate an
increase in passengers.
• Implement first phase of Metro
Connections.
• Improve transit security through
implementation of Homeland Security
grants to provide security cameras at
Metro bus divisions and the Gateway
Center.
• Implement five new Metro Rapid bus
lines at the following locations:
- West Olympic Blvd.
- Atlantic Blvd.
- San Fernando Rd./Lankershim Blvd.
- Garvey Ave./Cesar E Chavez Ave.
- Manchester Blvd.
• Continue participation in the “bridge”
training program to address
qualification gaps of potential bus
operators. Funding in FY08 will be
provided by partners Los Angeles Valley
College, Wilshire Metro Work Source
Center and Literacy at Work.

Proposed FY08 Budget

• Continue construction of the Metro
Gold Line Eastside extension including
construction of six at-grade stations,
completion of the East Portal, and
installation of track on the 101 Freeway
over-crossing bridge and in the tunnel.
Complete construction in 2009.
• Facilitate construction of Phase I of the
Exposition Line, including substantial
project design completion, utilities
relocation, trench excavation, corridor
improvements and Blue Line tie-in
construction. Complete Phase I
construction in 2010.
• Receive up to 24 P2550 light rail
vehicles.
• Continue improvements at Division 21
including construction of a heavy repair
shop for light rail vehicles.
• Begin preliminary work on building a
Rail Operations Training Facility
including identifying and acquiring a
site.
• Commence overhauling subway rail
cars.
• Procure 50 light rail vehicles for the
Expo/Blue Line fleet by exercising
option 1 on the P2550 rail car contact.
• Purchase up to 100 articulated
replacement buses.

Budget Highlights • 1

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

• Continue the bus preventive
maintenance program with completion
of up to 250 mid-life bus overhauls and
170 bus engine replacements.
• Install new equipment in bus divisions
1, 3, 8 and 9 as part of a facilities
renovation project.
• Construct a new Materiel warehouse
and a Facilities Maintenance
shop/administrative facility at Bauchet
Street to allow relocation from South
Park facility.
• Upgrade ATMS software and hardware.

Countywide Planning and
Development


Countywide Planning and Development
programs and administers federal, state,
and local transportation funds, prepares a
financially constrained Transportation
Improvement Plan (TIP), and plans and
coordinates regional transportation
services and infrastructure improvements.
Budget highlights are the following:

• Conduct planning, design,
development, and programming for
new Metro Rapid lines.
• Complete update of the Long Range
Transportation Plan.
• Review and make recommendations on
federal, state and local legislative
initiatives and policy issues (i.e.
SAFETEA-LU, Proposition 42, SB 45,
State Transportation Infrastructure
Bonds etc); support federal, state and
local legislative requests (e.g. FY2008
and FY2009 USDOT Appropriations).
• Prepare and submit 2008 State
Transportation Improvement Program
request for funding for Los Angeles
County.
• Manage and administer FY08 Transit
Fund Allocations for Cities and Transit

2 • Budget Highlights

Operators and program FY08 funding
for Metrolink commuter rail services.
Obtain Board approval of the 2007 Call
for Projects Recertification/ Deobligation/ Extensions and execute
necessary Letters of
Agreement/Memorandum of
Understandings (LOA/MOU) and
amendments to existing agreements.
Complete multi-county Goods
Movement Action Plan.
Conduct EIS/EIR for SR2 Southern
Freeway terminus and transportation
efficiency improvements to Glendale
Blvd.
Award contract to conduct EIR/EIS for
I-710 corridor.
Award contract to conduct Alternative
Analysis for Westside Extension,
Regional Connector, Eastside Gold Line
Phase II Extension and Harbor
Subdivision.
Initiate Environmental Impact Report
and Preliminary Engineering for the
Canoga North/South Metro Orange
Line Extension.
Initiate Environmental Impact
Statement/ Report for Crenshaw-Prairie
Transit Corridor and release Request for
Proposal (RFP) for Preliminary
Engineering.

Other Highlights
• Begin the implementation phase of the
new automated fare collection system
Transit Access Pass (TAP) which
facilitates the collection of data for
improved service planning.
• Commence construction on six new
joint development projects, enter into
seven joint development agreements,
and issue bids for development of Metro
property to enliven Metro station
environments by providing housing and
services adjacent to Metro stations.

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

• Worker’s compensation and insurance
expenses are capped at the FY07 level as
a result of fewer controllable incidents
and favorable negotiation of insurance
contracts.
• Fully implement the countywide Metro
Vanpool Program to promote vanpool
usage which results in less single
occupant vehicle commutes.
• Cross-promote Metro by partnering
with outside businesses and
organizations to advertise “Go Metro” in
exchange for equivalent crosspromotional advertising.
• Install new generation of bus stop signs
and signage support infrastructure
(such as grand pylons) at rail stations,
bus stations and park/ride facilities, and
construct information walls at rail and
bus station entrances.
• Provide real-time transit arrival
information to riders via the Metro
website "Trip Planner" and wireless
devices which will include a "NexTrip"
and "My Trip" service for web-enabled
cellular phone users.
• Complete a multi-agency Disadvantaged
Business Enterprise (DBE) contracting
disparity study to determine whether

Proposed FY08 Budget

Metro can resume the use of race
conscious contracting goals.

Budget Assumptions
• Fare revenues are forecast at $0.58 per
boarding with a 0.3% increase in
boardings from the FY07 forecast, with
no fare change.
• New sales tax revenues are forecast to
be $1,797.9 million consistent with the
20-year historical average growth rate.
• Salaries and wages increase 3.5% for
employees in all labor groups (except for
AFSCME at 3.1%).
• Agency-wide budgeted full-time
positions increase by 41 from 8,995 to
9,036.
• Total expenditures/expenses grow $84.8
million or 2.79%.
• Fuel expenditures decrease by $5
million consistent with the FY07
experience and the Board adopted CNG
hedging program.

Budget Highlights • 3

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Funding and Expense/Expenditure Summaries
Summary of Funding by Source
(Dollars in millions)
Sales Tax (1)

FY05
Actual

FY04
Actual

FY07
Budget

FY08
Proposed

66.8% $1,587.5

60.4% $1,436.6

56.0% $1,881.5

62% $1,960.4

64.3%

Federal, State, & Local Grants

377.2

16.6%

488.5

18.6%

702.8

27.4%

596.4

20%

629.8

20.6%

Passenger Fares & Advertising

233.4

10.3%

284.2

10.8%

297.8

11.6%

294.8

10%

304.7

10.0%

Net Proceeds from Financing

82.4

3.6%

185.6

7.1%

42.6

1.7%

193.3

6%

83.9

2.8%

61.0

2.7%

80.8

3.1%

85.3

3.3%

70.1

2%

72.0

2.4%

Other (2)
Total Funding Sources

$1,514.0

FY06
Actual

$2,268.0 100.0% $2,626.7 100.0% $2,565.1 100.0% $3,036.1 100.0% $3,050.8 100.0%

Summary of Expenses/Expenditures by Program
(Dollars in millions)

FY07
Budget

FY08
Proposed

$725.5
207.4
933.0

32.0%
9.1%
41.1%

$780.0
298.0
1,078.0

29.7%
11.3%
41.0%

$839.5
179.0
1,018.5

32.7%
7.0%
39.7%

$901.2
208.8
1,110.0

29.7%
6.9%
36.6%

$922.6
215.7
1,138.3

29.6%
6.9%
36.5%

Municipal Operator and
Paratransit Programs (3)
Countywide Bus Subtotal

240.9
1,173.9

10.6%
51.8%

260.4
1,338.4

9.9%
51.0%

242.2
1,260.7

9.4%
49.2%

241.4
1,351.5

8.0%
44.5%

254.0
1,392.3

8.1%
44.6%

Countywide Rail
Metro Rail
Operating
Capital
Major Rail Construction
Metro Rail Subtotal

179.4
15.1
85.9
280.4

7.9%
0.7%
3.8%
12.4%

207.2
22.5
238.3
468.1

7.9%
0.9%
9.1%
17.8%

214.0
35.4
182.8
432.2

8.3%
1.4%
7.1%
16.8%

229.4
22.7
394.3
646.5

7.6%
0.7%
13.0%
21.3%

237.4
34.0
412.1
683.6

7.6%
1.1%
13.2%
21.9%

Metrolink
Countywide Rail Subtotal

39.6
320.0

1.7%
14.1%

42.1
510.2

1.6%
19.4%

45.5
477.7

1.8%
18.6%

57.0
703.4

1.9%
23.2%

58.5
742.1

1.9%
23.8%

Sales tax return to local
jurisdictions

249.6

11.0%

280.7

10.7%

288.3

11.2%

300.7

9.9%

301.6

9.7%

Streets and Highways

146.8

6.5%

138.7

5.3%

191.7

7.5%

291.0

9.6%

290.4

9.3%

Debt Service (4)

312.3

13.8%

286.9

10.9%

294.0

11.5%

305.6

10.1%

308.5

9.9%

65.4

2.9%

71.8

2.7%

52.8

2.1%

83.9

2.8%

85.9

2.8%

Total Expenditures
(2)
(3)

FY06
Actual

Countywide Bus
Metro Bus
Operating
Capital
Metro Bus Subtotal

Other Governmental

(1)

FY05
Actual

FY04
Actual

$2,268.0 100.0% $2,626.7 100.0% $2,565.1 100.0% $3,036.1 100.0% $3,120.9 100.0%

Sales tax revenues include the use of carryover balances.
Primarily investment income and/or proceeds on lease/leaseback to service.
ASI Paratransit: federal amounts included in prior years have been excluded in FY06, FY07 and FY08 because ASI will receive
federal funds directly.

(4)

Includes principal liability payments and Benefit Assessment District debt payments, but excludes debt refunding and defeased
lease. Proprietary fund includes principal payments of $16.3 million in FY04, $12.0 million in FY05, $12.0 million in FY06, $12.1
million in FY07 and $12.3 in FY08.
Note: Totals may not add due to rounding.

4 • Funding and Expense/Expenditure Summaries

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Enterprise Fund Summary of Revenues and Expenses
Statement of Revenues and Expenses
For the Years Ending June 30, 2006, 2007 and 2008
(Amounts in millions)

1
2
3
4
5

FY06
Actual

Enterprise Fund Summary
Operating revenues:
Passenger fares
Route subsidies
Advertising
Total operating revenues

$

9

Operating expenses:
Operating
General & administrative
Operating expenses, excluding depreciation:

10

Operating loss

11

20

Operating subsidies and grants (other expenses):
Local operating grants
State operating grants
Federal operating grants
Interest revenues
Net appreciation (decline) in fair value of investments
Debt (expense)
Gain (loss) on disposition of fixed assets
Other revenue
Total operating subsidies and grants (other expenses)

21

Gain (loss) before debt and capital items

22

6
7
8

280.6 $
0.6
17.2
298.4
863.4
189.9
1,053.3

FY07
Budget

FY08
Proposed

278.5 $
0.5
16.2
295.3
936.0
194.7
1,130.7

289.5
15.2
304.7
969.9
190.3
1,160.2

(754.9)

(835.5)

(855.5)

0.2
207.1
2.0
(3.2)
1.1
5.2
212.3

188.0
0.5
0.0
(14.3)
2.8
177.0

198.9
0.5
(14.1)
3.0
2.7
190.9

(542.6)

(658.5)

(664.6)

Debt service & capital grants / contributions:**
Local
Capital
Debt service other revenues
Proceeds from financing
State - capital
Federal - capital
Total debt service & capital grants / contributions

1.8
2.7
(96.0)
190.3
260.0
358.8

3.7
90.1
234.7
189.3
517.8

17.8
2.3
83.9
197.0
171.3
472.3

Capital program:
Operating capital
Major construction
Total capital program

186.5
200.0
386.5

218.4
408.9
627.3

236.9
428.5
665.4

38

Debt service expenses:*
Interest expense
Principal payments
Services
Total debt service expenses

157.3
108.8
2.7
268.8

152.3
111.9
2.4
266.5

146.2
121.2
2.2
269.5

39

Transfers In

840.7

1,034.5

1,057.1

40

Net surplus (deficit)

12
13
14
15
16
17
18
19

23
24
25
26
27
28
29
30
31
32
33
34
35
36
37

$

1.6 $

(0.0) $

(70.1)

* Excludes defeased leases and includes non-cash items.
** Reflects repayment of State TCRP funds.

Proposed FY08 Budget

Enterprise Fund Summary of Revenues and Expenses • 5

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Service Levels

Mode
Bus

Rail

Local & Rapid
Orange Line
Contracted Svc
Subtotal Bus
Blue Line
Green Line
Gold Line
Heavy Rail
Subtotal Rail

Totals

Revenue
Service
Hours
7,121,003
101,561
550,011
7,772,575

Revenue
Service
Miles
87,161,883
1,619,412
7,628,790
96,410,085

Unlinked
Passenger
Trips
387,959,040
6,869,051
15,761,480
410,589,571

Passenger
Miles
1,432,521,980
48,083,360
51,855,268
1,532,460,608

221,031
88,167
73,715
267,725
650,638
8,423,213

4,858,623
2,705,572
1,653,458
6,258,413
15,476,066
111,886,151

25,410,916
11,154,600
5,871,522
41,116,990
83,554,028
494,143,599

188,726,873
72,348,736
43,449,263
206,530,641
511,055,513
2,043,516,121

Revenue
Service
Miles
$9.85
$12.80
$5.02
$9.52

Unlinked
Passenger
Trips
$2.21
$3.02
$2.43
$2.24

Passenger
Miles
$0.60
$0.43
$0.74
$0.60

$13.74
$14.82
$25.23
$14.23
$15.36
$10.33

$2.63
$3.60
$7.10
$2.17
$2.84
$2.34

$0.35
$0.55
$0.96
$0.43
$0.47
$0.57

Cost Per Unit of Service

Local & Rapid
Orange Line
Contracted Svc
Subtotal Bus

Revenue
Service
Hours
$120.62
$204.08
$69.61
$118.10

Blue Line
Green Line
Gold Line
Heavy Rail
Subtotal Rail
Combined Bus & Rail

$301.97
$454.87
$565.85
$332.73
$365.24
$137.19

Mode
Bus

Rail

6 • Service Levels

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

This page is intentionally left blank.

Proposed FY08 Budget

Service Levels • 7

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

FY08 Bus Operating Statistics
Orange Line
Boardings (000)
Revenue Service Hours (000)
Revenue Service Miles (000)
Hub Miles (000)
Boardings Per Revenue Service Hour
Passenger Miles (000)
Cost Per Revenue Service Hour
Cost Per Passenger Mile
Cost Per Boarding
Subsidy Per Boarding
Subsidy Per Passenger Mile
Fare Recovery Ratio
Fare Revenue per Boarding

San Fernando San Gabriel
Valley
Valley

6,869
102
1,619
1,775
67.6
48,083

59,643
1,274
17,528
21,410
46.8
201,336

$204.08
$0.43
$3.02
$2.43
$0.35
19.2%
$0.58

$101.98
$0.65
$2.18
$1.55
$0.46
26.6%
$0.58

66,984
1,451
17,875
21,178
46.2
251,191
$97.88
$0.57
$2.12
$1.50
$0.40
27.4%
$0.58

Gateway
Cities
80,072
1,307
14,358
17,864
61.3
300,270
$101.53
$0.44
$1.66
$1.04
$0.28
35.3%
$0.58

* Systemwide statistics include bus operating expenses from support activities not assigned directly to sector management,
such as in Central Maintenance, Central Control & Instruction, Facilities, and Adminstrative Support.

sector
systemwide

Cost per Revenue Service Hour
$250.00
$200.00
$150.00
$100.00
$50.00
$0.00
Orange Line

San
Fernando
Valley

8 • FY08 Bus Operating Statistics

San Gabriel
Valley

Gateway

South
Bay

Westside /
Central

Contract
Services

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

South Bay

Westside/
Central

Contract
Services

Boardings (000)
Revenue Service Hours (000)
Revenue Service Miles (000)
Hub Miles (000)
Boardings Per Revenue Service Hour
Passenger Miles (000)

90,589
1,463
18,119
22,593
61.9
339,708

90,671
1,627
19,281
23,653
55.7
340,017

15,761
550
7,629
9,576
28.7
51,855

Cost Per Revenue Service Hour
Cost Per Passenger Mile
Cost Per Boarding
Subsidy Per Boarding
Subsidy Per Passenger Mile
Fare Recovery Ratio
Fare Revenue per Boarding

$102.36
$0.44
$1.65
$1.04
$0.28
35.1%
$0.58

$101.83
$0.49
$1.83
$1.20
$0.32
32.0%
$0.58

$69.61
$0.74
$2.43
$1.85
$0.56
23.9%
$0.58

Systemwide

*

410,590
7,773
96,410
118,049
52.8
1,532,461
$118.10
$0.60
$2.24
$1.62
$0.43
26.0%
$0.58

sector
systemwide

Subsidy per Boarding
$3.00
$2.50
$2.00
$1.50
$1.00
$0.50
$0.00
Orange Line

Proposed FY08 Budget

San
Fernando
Valley

San Gabriel
Valley

Gateway

South
Bay

Westside /
Central

Contract
Services

FY08 Bus Operating Statistics • 9

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Bus Revenue Service Hours
Orange
Line
1%

Contract
Services
7%

San
Fernando
Valley
16%

Westside /
Central
21%

South
Bay
19%

Gateway
17%

San Gabriel
Valley
19%

Bus Boardings by Sectors

Westside /
Central
22%

Contract
Services
4%

South
Bay
21%

10 • FY08 Bus Operating Statistics

Orange Line
2%

Gateway
20%

San
Fernando
Valley
15%

San Gabriel
Valley
16%

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Fare Revenue
The chart below depicts actual passenger
fare revenue received in FY04 through
FY06, plus budgeted receipts for FY07 and
FY08. In FY04, a 35-day strike partially
offset by a fare restructuring resulted in a
10% drop in fare revenue. As a
consequence of the fare restructuring and
uninterrupted service, FY05 fare revenue

shows growth over FY04. Fare revenue in
FY08 is projected to grow by 4% due to
increased boardings.
Fare revenue is allocated among modes
and lines according to ridership estimates
for each line.

Fare Revenue (in millions)
$269

$279

$279

$290

$222

$300
$225
$150
$75
$0

FY04

FY05

FY06

FY07

FY08

Fiscal Year

Fare Revenue by Mode

The chart below illustrates the estimated
FY08 fare revenue by mode. As shown on
Orange Line
Light Rail
Heavy Rail
Bus

Heavy Rail
8.9%

Proposed FY08 Budget

the graph, most of Metro's fare revenue is
attributed to bus operations.

Fare Revenue by Mode (%)
Bus
81.2%

Orange Line
1.4%
Light Rail
8.5%

Fare Revenue • 11

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Enterprise Fund
Statement of Revenues and Expenses

For the Years Ending June 30, 2006, 2007 and 2008
(Amounts in millions)

Enterprise Fund by Mode
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

Operating revenues:
Passenger fares
Route subsidies
Advertising
Total operating revenues

Bus Rapid Transit
FY06
FY07
FY08
Actual
Budget
Proposed
$

1.4 $
1.4

3.0 $
0.1
3.1

FY06
Actual

Bus
FY07
Budget

FY08
Proposed

4.0 $ 232.5 $ 226.0 $
0.6
0.5
0.0
17.2
16.1
4.0
250.3
242.6

FY06
Actual

235.0 $
14.9
249.9

Light Rail
FY07
FY08
Budget
Proposed

22.7 $
22.7

24.7 $
24.7

24.6
24.6

Operating expenses:
Operating
General & administrative
Operating expenses, excluding depreciation:

10.2
1.5
11.7

17.8
2.5
20.2

18.6
2.1
20.7

696.2
129.3
825.5

738.3
139.7
878.0

753.9
143.7
897.6

97.9
38.7
136.6

111.7
32.1
143.8

121.4
27.2
148.6

Operating loss

(10.3)

(17.1)

(16.7)

(575.2)

(635.4)

(647.7)

(113.9)

(119.1)

(123.9)

Operating subsidies and grants (other expenses):
Local operating grants
State operating grants
Federal operating grants
Interest revenues
Net (decline) in fair value of investments
Debt (expense)
Gain (loss) on disposition of fixed assets
Other revenue
Total operating subsidies and grants (other expenses)

7.8
7.8

13.1
0.0
0.0
13.1

12.7
0.0
12.7

0.1
153.2
2.0
(3.2)
1.1
5.1
158.3

125.1
0.5
(14.3)
2.6
113.9

139.8
0.5
(14.1)
3.0
2.6
131.7

38.3
0.1
38.4

30.1
0.1
30.1

27.2
0.1
27.3

Gain (loss) before debt and capital items

(2.5)

(4.0)

(4.0)

(416.9)

(521.5)

(516.0)

(75.5)

(89.0)

(96.7)

(63.2)
98.4
3.7
38.9

1.9
24.8
0.7
27.5

15.0
15.0

1.8
2.7
7.5
(0.2)
127.0
138.8

0.4
36.3
64.3
100.9

0.3
8.6
41.0
49.9

(36.7)
92.1
124.9
180.3

1.8
89.5
167.6
118.4
377.3

17.8
1.7
47.9
197.0
130.3
394.6

43.1
43.1

28.8
28.8

15.0
15.0

156.8
1.7
158.5

194.6
194.6

208.4
208.4

23.5
151.9
175.4

13.6
374.2
387.8

16.9
401.0
417.9

Debt service expenses:(2)
Interest expense
Principal payments
Services
Total debt service expenses

-

-

-

9.9
6.0
0.1
16.0

12.3
11.9
0.4
24.5

11.9
12.0
0.3
24.2

110.7
76.2
1.9
188.8

103.7
73.4
1.6
178.7

99.5
80.3
1.5
181.3

Transfers In

6.7

5.4

3.9

461.6

639.6

628.7

255.9

278.2

301.2

Debt service & capital grants / contributions:(1)
Local
Capital
Debt service grants/other revenues
Proceeds from financing
State - capital
Federal - capital
Total debt service & capital grants / contributions
Capital program:
Operating capital
Major construction
Total capital program

Net surplus (deficit)

$

-

$

-

$

(0.1) $

9.0 $

-

$

(70.0) $

(3.5) $

-

$

(0.0)

(1) Excludes defeased leases and includes non-cash items
Note: Totals may not add due to rounding

12 • Enterprise Fund

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

FY06
Actual
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

$

$

Heavy Rail
FY07
FY08
Budget
Proposed

Non-Modal Regional
FY06
FY07
FY08
Actual
Budget
Proposed

24.0 $
24.0

24.8 $
24.8

25.9 $
0.3
26.2

-

57.0
20.4
77.4

65.4
20.5
85.9

71.7
17.4
89.1

2.1

2.8

4.2

2.1

2.8

4.2

(53.4)

(61.0)

(62.9)

(2.1)

(2.8)

(4.2)

7.8
7.8

19.8
0.1
19.9

19.2
0.1
19.2

-

-

-

(45.6)

(41.1)

(43.7)

(2.1)

(2.8)

(4.2)

(3.6)
4.4
0.8

0.2
6.0
5.9
12.2

0.2
12.5
12.7

-

-

6.2
3.3
9.5

10.2
6.0
16.2

11.6
12.5
24.0

-

36.7
26.6
0.7
64.0

36.2
26.6
0.4
63.2

34.7
28.9
0.4
64.0

114.1

108.5

119.0

(4.2) $

0.1 $

Proposed FY08 Budget

(0.0) $

$

-

$

-

FY06
Actual
$

279.2 $
0.6
17.2
297.0

863.4
189.9
1,053.3

Total
FY07
Budget

FY08
Proposed

278.5 $
0.5
16.2
295.3

936.0
194.7
1,130.7

289.5
15.2
304.7

969.9
190.3
1,160.2

(754.9)

(835.5)

(855.5)

0.1
207.1
2.0
(3.2)
1.1
5.2
212.3

188.0
0.5
0.0
(14.3)
2.8
177.0

198.9
0.5
(14.1)
3.0
2.7
190.9

(542.6)

(658.5)

(664.6)

-

1.8
2.7
(96.0)
190.3
260.0
358.8

3.7
90.1
234.7
189.3
517.8

17.8
2.3
83.9
197.0
171.3
472.3

-

-

186.5
200.0
386.5

218.4
408.9
627.3

236.9
428.5
665.4

-

-

-

157.3
108.8
2.7
268.8

152.3
111.9
2.4
266.5

146.2
121.2
2.2
269.5

2.4

2.8

4.2

840.7

1,034.5

1,057.1

0.3 $

-

$

0.0 $

1.6 $

-

$

(70.1)

Enterprise Fund • 13

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Activity Based Bus Cost Model

1
2
3
4
5
6
7
8

Activities
Transportation
Wages & Benefits
Services
Materials & Supplies
Training
Control Center
Scheduling & Planning
Sub-Total

FY07 Budget
Dollars
$/RSH
$ 324,593,899 $
55,996 $
206,302
5,272,376
7,495,452
3,633,867
341,257,891

45.61
0.01
0.03
0.74
1.05
0.51
47.95

Division Maintenance
Wages & Benefits
Fuel
Materials & Supplies
Fueling Contractor Reimb.
Services
Sub-Total

106,992,220
59,280,846
39,669,732
(2,489,580)
430,770
203,883,989

15.03
8.33
5.57
(0.35)
0.06
28.65

RRC Regular Maintenance
Wages & Benefits
Materials & Supplies
Maintenance Services
Sub-Total

5,900,766
4,294,443
193,000
10,388,209

0.83
0.60
0.03
1.46

5,648,323
1,779,874
263,831
803,233
19,578
8,514,840

Other Maintenance
Maintenance Support
Non-Revenue Vehicles
Facilities Maintenance
Training
Sub-Total
Sub-Total Maintenance

FY08 Proposed
Dollars
$/RSH
$

340,536,597 $
55,996 $
206,302
5,529,012
7,810,793
3,714,970
357,853,670

47.82
0.01
0.03
0.78
1.10
0.52
50.25

112,433,098
53,779,161
39,419,786
(2,342,843)
412,101
203,701,303

FY07 to FY08
Dollars
$/RSH
$

15,942,698 $
$
256,637
315,341
81,102
16,595,779

2.21
(0.00)
(0.00)
0.04
0.04
0.01
2.30

15.79
7.55
5.54
(0.33)
0.06
28.61

5,440,877
(5,501,686)
(249,946)
146,737
(18,669)
(182,686)

0.76
(0.78)
(0.04)
0.02
(0.00)
(0.04)

6,264,066
2,527,756
193,000
8,984,822

0.88
0.35
0.03
1.26

363,300
(1,766,688)
(1,403,387)

0.05
(0.25)
(0.00)
(0.20)

0.79
0.25
0.04
0.11
0.00
1.20

4,973,634
1,941,591
165,873
659,721
19,578
7,760,397

0.70
0.27
0.02
0.09
0.00
1.09

(674,690)
161,717
(97,958)
(143,512)
(754,443)

(0.10)
0.02
0.01
(0.02)
(0.00)
(0.11)

17,007,626
4,910,969
31,892,292
1,628,995
55,439,882

2.39
0.69
4.48
0.23
7.79

17,359,829
5,143,081
34,936,187
1,679,464
59,118,560

2.44
0.72
4.91
0.24
8.30

$ 278,226,920 $

39.09

9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30

RRC Preventive Maintenance
Power Plant Assembly
Accident Repair
Wheelchair Lifts
Painting
Windows
Sub-Total

31
32
33
34
35
36
37

352,202
232,112
3,043,895
50,469
3,678,678

0.05
0.03
0.42
0.01
0.51

1,338,162 $

0.17

38
39

$

279,565,081 $

39.26

$

40

Note: RSH = Revenue Service Hour

14 • Activity Based Bus Cost Model

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

41
42
43
44
45
46
47
48
49
50
51
52
53
54

Activities
Other Operating Costs
Transit Security
General Managers
Revenue
Service Development
Safety
Casualty & Liability
Workers' Comp
Transitional Duty Program
Utilities
Other Metro Operations
Building Costs
Copy Services
Sub-Total

FY07 Budget
Dollars
$/RSH
20,161,248 $
13,822,839
13,289,183
5,794,802
1,830,983
47,047,986
47,866,059
2,226,965
6,102,736
2,360,178
7,586,457
985,205
169,074,639

2.83
1.94
1.87
0.81
0.26
6.61
6.73
0.31
0.86
0.33
1.07
0.14
23.76

FY08 Proposed
Dollars
$/RSH
$

21,406,103 $
13,767,907
16,815,451
6,956,287
1,731,479
55,958,756
38,441,479
2,498,517
7,170,469
2,598,331
7,728,522
1,089,671
176,162,972

3.01
1.93
2.36
0.98
0.24
7.86
5.40
0.35
1.01
0.36
1.09
0.15
24.74

FY07 to FY08
Dollars
$/RSH
$

1,244,855 $
(54,931)
3,526,268
1,161,485
(99,504)
8,910,771
(9,424,580)
271,551
1,067,733
238,154
142,065
104,467
7,088,333

0.17
(0.01)
0.49
0.16
(0.01)
1.25
(1.33)
0.04
0.15
0.03
0.02
0.01
0.98

(4,064,839)

(0.57)

20,957,434
4,091

2.88

55
56

Support Department Costs

49,425,154

6.94

45,360,315

6.37

837,984,604
7,116,912

117.75

858,942,038
7,121,003

120.62

35,585,306
1,558,883
527,113
37,671,302
550,285

64.67
2.83
0.96
68.46

36,180,862
1,653,361
451,181
38,285,405
550,011

65.78
3.01
0.82
69.61

57
58
59

Total Local & Rapid
Revenue Service Hours

60
61
62
63
64
65
66

Purchased Transportation
Contracted Service
Security
Administration
Sub-Total
Revenue Service Hours

595,556
94,479
(75,932)
614,103
(274)

1.12
0.17
(0.14)
1.15

21,571,537 $
3,817

2.76

67
68
69

Total Excluding Debt
Revenue Service Hours

875,655,906 $ 114.21
7,667,197

897,227,442 $ 116.96
7,671,014

70

Enterprise Fund Debt
Interest
Administration
73
74 Sub-Total
71
72

1,695,493
948,223
2,643,716

1,803,379
436,793
2,240,172

107,886
(511,430)
(403,544)

75
76

Total Cost

Proposed FY08 Budget

$ 878,299,621

$

899,467,614

$

21,167,993

Activity Based Bus Cost Model • 15

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Activity Based Orange Line Cost Model
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

Activities
Transportation
Wages & Benefits
Control Center
Sub-Total

FY07 Budget
Dollars
$/RSH
$

FY08 Proposed
Dollars
$/RSH

FY07 to FY08
Dollars
$/RSH

4,051,424 $
243,190
4,294,614

48.14
2.89
51.03

$ 4,298,182 $
246,872
4,545,055

42.32
2.43
44.75

Division Maintenance
Wages & Benefits
Fuel
Materials & Supplies
Fueling Contractor Reimb.
Sub-Total

1,605,308
670,000
666,700
2,942,008

19.07
7.96
7.92
34.96

1,652,465
812,199
666,700
(85,603)
3,045,761

16.27
8.00
6.56
(0.84)
29.99

Other Maintenance
Maintenance Support
Non-Revenue Vehicles
Facilities Maintenance
Sub-Total

20,311
6,737
3,150,108
3,177,156

0.24
0.08
37.43
37.75

20,967
7,236
2,710,422
2,738,625

0.21
0.07
26.69
26.97

656 $ (0.03)
499 $ (0.01)
(439,685) $ (10.74)
(438,531)
(10.78)

Sub-Total Maintenance

6,119,163

72.70

5,784,386

56.95

(334,778)

Other Operating Costs
Transit Security
General Managers
Revenue
Service Development
Casualty & Liability
Workers' Compensation
Utilities
Other Metro Operations
Building Costs
Copy Services
Sub-Total

6,065,150
567,930
1,014,646
54,192
723,363
672,247
99,769
24,392
119,939
16,106
9,357,735

72.06
6.75
12.06
0.64
8.59
7.99
1.19
0.29
1.43
0.19
111.18

6,427,271
637,770
1,101,521
73,173
909,179
537,509
137,794
34,879
126,832
17,955
10,003,884

63.28
6.28
10.85
0.72
8.95
5.29
1.36
0.34
1.25
0.18
98.50

362,121
69,840
86,874
18,981
185,816
(134,738)
38,025
10,487
6,893
1,849
646,149

484,982

5.76

393,163

3.87

(91,819)

Support Department Costs
Total Cost
Total Revenue Service Hours

$ 20,256,495 $ 240.68
84,165

16 • Activity Based Orange Line Cost Model

$ 20,726,488 $ 204.08
101,561

$

$

246,758 $
3,683 $
250,441

(5.82)
(0.46)
(6.27)

47,157 $
142,199 $
$
(85,603)
103,753

(2.80)
0.04
(1.36)
(4.97)

(15.75)

$
$
$
$
$
$
$
$
$
$

(8.78)
(0.47)
(1.21)
0.08
0.36
(2.69)
0.17
0.05
(1.43)
(0.01)
(12.68)
(1.89)

469,993 $ (36.60)
17,396

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Activity Based Blue Line Cost Model

1
2
3
4
5

FY07 Budget
Dollars
$/RSH

Activities
Transportation
Wages & Benefits
Materials & Supplies
Other
Sub-Total

$9,268,441 $
46,327
12,635
9,327,403

FY08 Proposed
Dollars
$/RSH

41.90
0.21
0.06
42.17

$9,508,181 $ 43.02
46,327
0.21
12,635
0.06
9,567,143
43.28

FY07 to FY08
Dollars
$/RSH
$

239,740 $
239,740

1.12
0.00
0.00
1.12

6
7
8
9
10
11
12
13

Maintenance
Vehicle Maintenance
Wages & Benefits
Materials & Supplies
Other
Services
Sub-Total

10,739,287
3,937,322
4,134
40,821
14,721,565

48.55
17.80
0.02
0.18
66.55

11,117,209
3,908,453
4,134
40,821
15,070,618

50.30
17.68
0.02
0.18
68.18

377,922
(28,869)
349,053

1.75
(0.12)
0.00
0.00
1.63

Wayside Maintenance
Wages & Benefits
Materials & Supplies
Services
Propulsion Power
Other
Sub-Total

5,655,807
789,747
412,280
6,791,563
5,568
13,654,964

25.57
3.57
1.86
30.70
0.03
61.73

5,874,758
789,747
656,558
6,791,563
4,568
14,117,193

26.58
3.57
2.97
30.73
0.02
63.87

218,951
244,278
(1,000)
462,229

1.01
0.00
1.11
0.02
(0.00)
2.14

Other Maintenance
Non-Revenue Vehicles
Facilities Maintenance
Sub-Total

321,346
1,357,456
1,678,802

1.45
6.14
7.59

314,529
1,457,325
1,771,854

1.42
6.59
8.02

(6,817)
99,869
93,052

(0.03)
0.46
0.43

Sub-Total Maintenance

30,055,332

135.88

30,959,665

140.07

904,333

4.19

Other Operating Costs
Transit Security
General Manager
Revenue
Service Development
Safety
Casualty & Liability
Workers' Comp
Utilities
Other Metro Operations
Building Costs
Copy Services
Sub-Total

11,610,718
479,839
1,221,674
232,682
306,325
962,661
1,580,512
687,193
183,678
339,759
68,190
17,673,231

52.49
2.17
5.52
1.05
1.38
4.35
7.15
3.11
0.83
1.54
0.31
79.90

12,366,084
608,439
1,363,634
474,528
389,269
3,292,247
1,237,052
1,045,572
22,191
364,781
54,884
21,218,681

55.95
2.75
6.17
2.15
1.76
14.89
5.60
4.73
0.10
1.65
0.25
96.00

755,366
128,600
141,960
241,846
82,944
2,329,585
(343,460)
358,379
(161,487)
25,022
(13,306)
3,545,450

3.46
0.58
0.65
1.09
0.38
10.54
(1.55)
1.62
(0.73)
0.11
(0.06)
16.10

5,177,067

23.40

4,999,030

22.62

(178,037)

(0.79)

$ 4,511,487 $
(166)

20.62

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

Support Department Costs

45
46
47

Total Cost
Total Revenue Service Hours

Proposed FY08 Budget

$

62,233,033 $ 281.35
221,197

$

66,744,520 $ 301.97
221,031

Activity Based Blue Line Cost Model • 17

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Activity Based Green Line Cost Model

1
2
3
4
5

FY07 Budget
Dollars
$/RSH

Activities
Transportation
Wages & Benefits
Materials & Supplies
Other
Sub-Total

8

73.07
0.49
0.14
73.71

9
10

59.61
18.37
0.04
0.57
78.58

5,071,255
1,670,995
3,174
50,821
6,796,246

57.52
18.95
0.04
0.58
77.08

(284,761)
20,584
(264,177)

(2.09)
0.58
0.00
0.01
(1.50)

11
12
13

Wayside Maintenance
Wages & Benefits
Materials & Supplies
Services
Propulsion Power
Other
Sub-Total

5,560,496
314,353
285,110
3,373,492
4,976
9,538,427

61.89
3.50
3.17
37.55
0.06
106.16

5,721,121
314,353
285,110
3,373,492
3,976
9,698,052

64.89
3.57
3.23
38.26
0.05
110.00

160,625
(1,000)
159,625

3.00
0.07
0.06
0.72
(0.01)
3.84

Other Maintenance
Non-Revenue Vehicles
Facilities Maintenance
Sub-Total

314,256
1,909,049
2,223,305

3.50
21.25
24.74

314,529
1,945,422
2,259,952

3.57
22.07
25.63

273
36,374
36,647

0.07
0.82
0.89

Sub-Total Maintenance

18,822,155

209.48

18,754,249

212.71

(67,905)

3.23

Other Operating Costs
Transit Security
General Manager
Revenue
Service Development
Safety
Casualty & Liability
Workers' Comp
Utilities
Other Metro Operations
Building Costs
Copy Services
Sub-Total

6,229,228
454,071
1,127,847
192,725
297,699
387,029
1,053,969
483,745
129,300
240,541
48,002
10,644,155

69.33
5.05
12.55
2.14
3.31
4.31
11.73
5.38
1.44
2.68
0.53
118.47

6,613,810
580,263
1,219,763
273,057
372,892
196,305
809,337
641,836
106,827
248,993
37,467
11,100,550

75.01
6.58
13.83
3.10
4.23
2.23
9.18
7.28
1.21
2.82
0.42
125.90

384,582
126,192
91,916
80,332
75,193
(190,724)
(244,632)
158,091
(22,473)
8,452
(10,535)
456,395

5.69
1.53
1.28
0.95
0.92
(2.08)
(2.55)
1.90
(0.23)
0.15
(0.11)
7.44

3,741,384

41.64

3,563,667

40.42

(177,718)

(1.22)

Maintenance
Vehicle Maintenance
Wages & Benefits
Materials & Supplies
Other
Services
Sub-Total

$6,629,230 $ 75.19
44,319
0.50
12,635
0.14
6,686,184
75.84

FY07 to FY08
Dollars
$/RSH

6,565,704 $
44,319
12,635
6,622,658
5,356,016
1,650,412
3,174
50,821
7,060,424

6
7

FY08 Proposed
Dollars
$/RSH
$

63,526.04 $
63,526

2.12
0.01
0.00
2.13

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

Support Department Costs

45
46
47

Total Cost
Total Revenue Service Hours

$

39,830,352 $ 443.30
89,850

18 • Activity Based Green Line Cost Model

$ 40,104,650 $ 454.87
88,167

$

274,298 $
(1,683)

11.57

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Activity Based Gold Line Cost Model

1
2
3
4
5

Activities
Transportation
Wages & Benefits
Materials & Supplies
Other
Sub-Total

FY07 Budget
Dollars
$/RSH

FY08 Proposed
Dollars
$/RSH

$6,660,886 $ 86.92
50,832
0.66
41,981
0.55
6,753,698
88.13

$6,798,386 $
50,832
41,981
6,891,198

92.23
0.69
0.57
93.48

FY07 to FY08
Dollars
$/RSH
$ 137,500.10 $
137,500

5.31
0.03
0.02
5.35

6
7
8
9
10
11
12
13

Maintenance
Vehicle Maintenance
Wages & Benefits
Materials & Supplies
Other
Services
Sub-Total

5,073,428
1,037,812
3,174
30,819
6,145,234

66.20
13.54
0.04
0.40
80.19

4,994,935
1,062,268
3,174
30,819
6,091,197

67.76
14.41
0.04
0.42
82.63

(78,494)
24,457
(54,037)

1.56
0.87
0.00
0.02
2.44

Wayside Maintenance
Wages & Benefits
Materials & Supplies
Services
Propulsion Power
Other
Sub-Total

5,493,050
514,249
249,681
2,089,821
3,876
8,350,677

71.68
6.71
3.26
27.27
0.05
108.97

5,709,057
514,249
712,906
2,089,821
3,876
9,029,909

77.45
6.98
9.67
28.35
0.05
122.50

216,008
463,225
679,232

5.77
0.27
6.41
1.08
0.00
13.53

Other Maintenance
Non-Revenue Vehicles
Facilities Maintenance
Sub-Total

313,723
1,422,117
1,735,840

4.09
18.56
22.65

314,529
1,457,970
1,772,499

4.27
19.78
24.05

806
35,853
36,659

0.17
1.22
1.39

Sub-Total Maintenance

16,231,750

211.81

16,893,605

229.17

661,855

17.36

Other Operating Costs
Transit Security
General Manager
Revenue
Service Development
Safety
Casualty & Liability
Workers' Comp
Utilities
Other Metro Operations
Building Costs
Copy Services
Sub-Total

8,716,625
480,627
1,113,252
189,725
344,573
1,050,279
1,020,656
468,446
125,212
227,629
46,484
13,783,509

113.75
6.27
14.53
2.48
4.50
13.71
13.32
6.11
1.63
2.97
0.61
179.86

9,284,674
606,660
1,253,530
363,590
372,941
549,607
803,183
743,785
89,227
247,740
37,359
14,352,295

125.95
8.23
17.01
4.93
5.06
7.46
10.90
10.09
1.21
3.36
0.51
194.70

568,049
126,032
140,278
173,865
28,367
(500,672)
(217,473)
275,339
(35,985)
20,111
(9,124)
568,786

12.21
1.96
2.48
2.46
0.56
(6.25)
(2.42)
3.98
(0.42)
0.39
(0.10)
14.84

4,954,289

64.65

3,574,207

48.49

(1,380,083)

(16.16)

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

Support Department Costs

45
46
47

Total Cost
Total Revenue Service Hours

Proposed FY08 Budget

$ 41,723,246 $ 544.46
76,633

$ 41,711,305 $ 565.85
73,715

$

(11,942) $ 21.39
(2,918)

Activity Based Gold Line Cost Model • 19

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Activity Based Heavy Rail Cost Model

1
2
3
4
5

Activities
Transportation
Wages & Benefits
Materials & Supplies
Other
Sub-Total

FY07 Budget
Dollars
$/RSH

FY08 Proposed
Dollars
$/RSH
$ 9,139,584 $ 34.14
50,693
0.19
12,635
0.05
9,202,912
34.37

FY07 to FY08
Dollars
$/RSH

$ 8,830,367 $
50,693
12,635
8,893,695

32.97
0.19
0.05
33.21

$

309,217 $
309,217

1.17
0.00
0.00
1.17

10,599,227
3,745,941
11,134
109,728
14,466,031

39.57
13.99
0.04
0.41
54.01

11,041,063
3,743,355
11,134
109,728
14,905,281

41.24
13.98
0.04
0.41
55.67

441,836
(2,586)
439,250

1.67
(0.00)
0.00
0.00
1.66

Wayside Maintenance
Wages & Benefits
Materials & Supplies
Services
Propulsion Power
Other
Sub-Total

12,892,645
1,068,541
1,081,242
9,238,600
37,480
24,318,508

48.14
3.99
4.04
34.49
0.14
90.80

13,707,894
1,068,541
1,146,182
9,238,600
7,480
25,168,697

51.20
3.99
4.28
34.51
0.03
94.01

815,249
64,940
(30,000)
850,189

3.06
0.00
0.24
0.01
(0.11)
3.21

Other Maintenance
Non-Revenue Vehicles
Facilities Maintenance
Sub-Total

327,002
5,548,965
5,875,967

1.22
20.72
21.94

314,529
5,689,517
6,004,046

1.17
21.25
22.43

Sub-Total Maintenance

44,660,506

166.75

46,078,024

172.11

(12,473)
140,552
128,079
1,417,518

(0.05)
0.53
0.49
0.00
5.36

Other Operating Costs
Transit Security
General Manager
Revenue
Service Development
Safety
Casualty & Liability
Workers' Comp
Utilities
Other Metro Operations
Building Costs
Copy Services
Sub-Total

17,366,169
503,637
1,259,925
264,558
385,497
2,907,503
1,904,759
849,521
227,067
446,120
84,298
26,199,054

64.84
1.88
4.70
0.99
1.44
10.86
7.11
3.17
0.85
1.67
0.31
97.82

18,567,048
630,683
1,651,661
434,801
465,993
3,156,624
1,536,072
1,119,023
82,939
457,432
68,504
28,328,180

69.35
2.36
6.17
1.62
1.74
11.79
5.74
4.18
0.31
1.71
0.26
105.81

1,200,878
127,046
391,737
170,243
80,496
249,120
(368,687)
269,502
(144,129)
11,312
(15,793)
2,129,127

4.51
0.48
1.47
0.64
0.30
0.93
(1.37)
1.01
(0.54)
0.04
(0.06)
7.99

Support Department Costs

5,872,545

21.93

5,471,683

20.44

(400,862)

(1.49)

6
7
8
9
10
11
12
13

Maintenance
Vehicle Maintenance
Wages & Benefits
Materials & Supplies
Other
Services
Sub-Total

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

Total Cost
Total Revenue Service Hours

20 • Activity Based Heavy Rail Cost Model

$ 85,625,799 $ 319.70
267,831

$ 89,080,799 $ 332.73
267,725

$ 3,454,999 $ 13.03
(106)

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

This page is intentionally left blank.

Proposed FY08 Budget

Activity Based Heavy Rail Cost Model • 21

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Modal Operating Statistics

1
2
3
4
5
6
7
8
9
10
11
12
13
14

Bus excluding
Orange Line
Fares ($000)
Other Operating Revenue ($000)
Expenses ($000)
Boardings (000)
Farebox Recovery Ratio
Vehicle Service Hours (000)
Cost Per Hour
Cost Per Passenger Mile
Vehicle Service Miles (000)
Passenger Miles (000)
Fare Revenue Per Boarding
Subsidy Per Boarding
Subsidy Per Passenger Mile
Vehicles Operated

15
16
17
18
19
20
21
22
23
24
25
26
27
28

Orange Line
Fares ($000)
Other Operating Revenue ($000)
Expenses ($000)
Boardings (000)
Farebox Recovery Ratio
Vehicle Service Hours (000)
Cost Per Hour
Cost Per Passenger Mile
Vehicle Service Miles (000)
Passenger Miles (000)
Fare Revenue Per Boarding
Subsidy Per Boarding
Subsidy Per Passenger Mile
Vehicles Operated

22 • Modal Operating Statistics

Notes

(1)

$
$
$

(2)
$
$
(2)
(3)
$
$
$

Notes

(1)

$
$
$

(2)
$
$
(2)
(3)
$
$
$

FY06
Actual
231,545
17,681
825,312
397,408
28.1%
7,554
109.25
0.57
92,046
1,450,081
0.58
1.45
0.40
2,203

FY06
Actual
1,424
12,494
3,790
11.4%
56
223.52
0.51
891
24,637
0.38
2.92
0.45
21

$
$
$

$
$
$
$
$

$
$
$

$
$
$
$
$

FY07
Budget
225,983
16,631
875,656
381,113
25.8%
7,667
114.21
0.62
93,827
1,411,688
0.59
1.66
0.45
2,218

FY07
Budget
3,041
94
20,256
5,147
15.0%
84
240.68
0.56
1,342
36,028
0.59
3.33
0.48
21

$
$
$

$
$
$
$
$

$
$
$

$
$
$
$
$

FY08
Proposed
235,032
14,876
897,227
403,721
26.2%
7,671
116.96
0.60
94,791
1,484,377
0.58
1.60
0.44
2,208

Inc/(Dec)
Budget
$
9,050
$
(1,755)
$
21,572
22,608
0.4%
4
$
2.76
$
(0.02)
964
72,690
$
(0.01)
$
(0.06)
$
(0.01)
(10)

FY08
Proposed
3,984
24
20,726
6,869
19.2%
102
204.08
0.43
1,619
48,083
0.58
2.43
0.35
28

Inc/(Dec)
Budget
$
943
$
(70)
$
470
1,722
4.2%
17
$
(36.60)
$
(0.13)
277
12,055
$
(0.01)
$
(0.89)
$
(0.13)
7

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Notes

29
30
31
32
33
34
35
36
37
38
39
40
41

Light Rail (4)
Fares ($000)
Other Revenue ($000)
Expenses ($000)
Boardings (000)
Farebox Recovery Ratio
Vehicle Service Hours (000)
Cost Per Hour
Cost Per Passenger Mile
Vehicle Service Miles (000)
Passenger Miles (000)
Fare Revenue Per Boarding
Subsidy Per Boarding
Subsidy Per Passenger Mile

Notes

42
43
44
45
46
47
48
49
50
51
52
53
54

Heavy Rail (5)
Fares ($000)
Other Revenue ($000)
Expenses ($000)
Boardings (000)
Farebox Recovery Ratio
Vehicle Service Hours (000)
Cost Per Hour
Cost Per Passenger Mile
Vehicle Service Miles (000)
Passenger Miles (000)
Fare Revenue Per Boarding
Subsidy Per Boarding
Subsidy Per Passenger Mile

(1)

$
$
$

(2)
$
$
(2)
(3)
(3)

(1)

$
$
$

$
$
$

(2)
$
$
(2)
(3)
(3)

$
$
$

FY06
Actual
22,656
135,657
42,021
16.7%
345
393.51
0.46
8,031
297,477
0.54
2.69
0.38

FY06
Actual
24,015
78,460
40,277
30.6%
256
306.03
0.41
5,856
193,020
0.60
1.35
0.28

$
$

$
$
$
$
$

$
$

$
$
$
$
$

FY07
Budget
24,685
143,787
41,778
17.2%
388
370.89
0.50
9,326
289,449
0.59
2.85
0.41

FY07
Budget
23,187
1,634
85,626
38,868
27.1%
268
319.70
0.47
6,296
183,467
0.59
1.56
0.33

$
$

$
$
$
$
$

$
$

$
$
$
$
$

FY08
Proposed
24,613
148,560
42,437
16.6%
383
387.97
0.49
9,218
304,525
0.58
2.92
0.41

Inc/(Dec)
Budget
$
(72)
$
4,774
659
-0.6%
(5)
$
17.08
$
(0.01)
(108)
15,076
$
(0.01)
$
0.07
$
(0.00)

FY08
Proposed
24,148
2,041
89,081
41,117
27.1%
268
332.73
0.43
6,258
206,531
0.58
1.53
0.30

Inc/(Dec)
Budget
$
961
407
$
3,455
2,249
0.0%
$
13.03
$
(0.04)
(37)
23,063
$
(0.01)
$
(0.03)
$
(0.03)

(1) Expenses include Transitional Duty Program but exclude interest and debt administration.
(2) Reflect revenue vehicle hours & miles.
(3) Subsidy excludes all operating revenue.
(4) Light Rail includes the Blue, Green and Gold Lines.
(5) Heavy Rail includes the Red and Purple Lines.

Proposed FY08 Budget

Modal Operating Statistics • 23

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Capital Program Project List
(Amounts in thousands)
Project Title

CP#

Expected

FY09

Expenditures

and

of

Future

Project

Through FY07

FY08

Life
New

1 Bus Acquisition
2

ATV Bus Purchase (Hybrid Vehicles)

200044

3

HCNG Demonstration Project

201033

4

CNG Articulated Buses, Option 2

201044

5 Bus Acquisition Total

$

4,295
1,144

$

130

$

177

107

$

4,603

7

1,258
92,289

-

86,428

5,439

86,666

184

-

86,428

Y

6
7 Bus Facilities Improvements
8

RRC General Building Modifications

202006

1,066

39

13

1,118

9

In-ground Bus Hoist Replacement

202007

8,118

163

-

8,281

10

Division 9 Transportation Facilities Improvements

202014

14,990

1,505

5

16,500

11

Temple & Beaudry Layover Facility

202016

1,448

220

23

1,692

12

Division 7 Facility Improvements

202017

4,323

764

12

5,100

13

El Monte Transit Station Enhancements

202021

106

7

3

115

14

FY08 UST Replacement

202027

-

1,315

-

1,315

Y

15

FY08 Bus Facility Contingency Projects

202037

-

2,503

-

2,503

Y

16

FY08 Bus Division Maintenance Equipment

202042

-

2,253

-

2,253

Y

17

FY08 Replace Bus Div. Emergency Generators

202047

-

1,859

-

1,859

Y

18

FY08 HVAC Replacement Program All Divisions

202062

-

1,288

-

1,288

Y

19

Articulated Bus Facility Modifications

202065

4,886

1,736

19

6,641

20

Division 1 Expansion

202066

11,491

77

6

11,574

21

Division 5, 10, & 18 Renovations

202181

18,127

172

33

18,333

22

In-ground Bus Hoist Replacement -- Phase II

202203

-

1,402

2,970

4,372

23

Articulated Bus Facility Modifications -- Phase II

202204

2,184

1,179

16

3,380

9,351

11,125

Y

24

ATMS Upgrade

202232

-

1,774

25

Division 18 Solar Energy Project

202237

-

5,000

26

Division 1, 3, 8, 9 and 15 Renovations (BOS)

202239

-

7,096

6,624

13,720

27

Bauchet Street Storage and Facilities Structure

202246

-

4,652

8,273

12,925

Y

28

Metro Orange Line Enhancement

202249

-

100

515

615

Y

66,740

35,105

27,863

129,708

29 Bus Facilities Improvements Total

(0)

Y

5,000
Y

30
31 Bus Maintenance
32

FY08 Bus Midlife Program

203005

-

29,500

-

29,500

Y

33

FY08 Replace Regional Rebuild Center Shop Equipment

203011

-

1,015

-

1,015

Y

34

FY08 RRC Engine Replacement Program

203015

-

11,000

-

11,000

Y

35 Bus Maintenance Total

-

41,515

-

41,515

36
37 IT/Communications
38

ITS Telecommunications Transmission Repl. Project

207010

1,343

3,245

4,953

9,541

39

FY08 Computer Equipment Technology Program

207024

-

2,104

-

2,104

Y

40

FY08 Financial/HR System Upgrades

207040

-

447

-

447

Y

41 IT/Communications Continued Next Page

24 • Capital Program Project List

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

(Amounts in thousands)
Project Title

CP#

Expected

FY09

Expenditures

and

of

Future

Project

Through FY07

FY08

Life
New

42 IT/Communications
43

Remote Storage for Disaster Recovery

207053

44

Transit Operator Activity Scheduling and Tracking

207061

45

Red Line Segment 1: PBX T-1 Trunk Route Retrofit

207078

46 IT/Communications Total

$

- $
2,288

783
3,552

$

1,841

$

783

Y

7,681

-

519

-

519

3,631

10,650

6,794

21,075

Y

47
48 Non-Revenue Vehicles
FY08 Bus System Replacement Non-Revenue Vehicles
49

208007

-

10,841

-

10,841

50

FY08 Rail Support Replacement Non-Revenue Vehicles

208017

-

4,636

-

4,636

Y

51

FY08 Rail Support Expansion Non-Revenue Vehicles

208022

-

2,042

-

2,042

Y

52 Non-Revenue Vehicles Total

-

17,519

-

Y

17,519

53
54 Other Capital Projects
55

Universal Fare Collection System

200225

82,768

13,363

1,476

97,607

56

Regional Service Center and Clearinghouse

200351

15,940

4,131

1

20,072

57

Gateway Headquarters Improvement Projects

210008

2,645

135

54

2,834

58

Replace Two Color Printing Press

210014

13

3,391

-

3,404

101,365

21,020

1,531

123,916

6,586

59 Other Capital Projects Total

Y

60
61 Rail Facilities Improvements
62

MRL Station Canopies

204006

1,434

313

4,839

63

Vermont/Santa Monica Sta. Underground Water Mitigation

204016

752

285

247

1,283

64

FY08 Rail Facility Improvements Contingency Projects

204031

-

1,500

-

1,500

65

MRL Segment 2 & 3 Station PLC and EMP Upgrade

204035

204

729

193

1,126

66

Division 22 Improvements - Phase II

204037

1,653

2,473

769

4,895

67

Division 20 Carwash & Cleaning Platform

204047

236

1,060

14,103

15,400

68

Division 21 Improvements - Phase II

204053

908

2,343

11,749

15,000

69

Division 20 Additional Vehicle Hoists

204054

1,001

904

2,345

4,250

70

Division 22 Paint Booth

204059

3

145

2

150

71

Rail Operations Training Facility

204068

-

449

17,151

17,600

Y

72

FY08 Rail Security Projects

204080

-

1,000

-

1,000

Y

6,190

11,200

51,399

68,790

73 Rail Facilities Improvements Total

Y

74
75 Rail Vehicle Maintenance
76

Breda Rail Car Retrofit

206004

1,825

517

-

2,342

77

P2000 Vehicle Signaling Package Upgrade

206005

829

963

1,572

3,364

78

FY08 Rail Facility Tools & Equipment

206029

-

431

-

431

2,654

1,911

1,572

6,137

79 Rail Vehicle Maintenance Total

Proposed FY08 Budget

Y

Capital Program Project List • 25

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Capital Program Project List (cont.)
(Amounts in thousands)
Project Title

CP#

Expected

FY09

Expenditures

and

of

Future

Project

Through FY07

FY08

Life
New

80 Warehouse
81

Division 3 Replace Warehouse Facility

209027

82

Division 7 Warehousing Support - West Hollywood

209028

83 Warehouse Total

$

167

$

1,437

-

1,184

167

2,621

$

-

$

1,604
1,184

-

2,787

Y

84
85 Wayside Systems
86

Fiber Optic Rail Communication System

205001

1,280

724

1,007

3,011

87

Rail Security Improvements

205004

4,416

116

1,937

6,469

88

Rail Communications Systems Upgrade

205005

1,126

394

812

2,332

89

MBL Grade Crossing Improvements

205006

4,807

1,459

4,335

10,600

90

MBL Four-Quadrant Gate Program Expansion

205012

2,495

1,437

1,723

5,655

91

Light Rail Train Tracking Improvements

205014

513

400

43

956

92

MRL Segment 1 Remote Terminal Unit (RTU) Upgrade

205017

2,381

264

-

2,645

93

FY08 Wayside Systems Tools and Equipment

205021

-

365

-

365

Y

94

FY08 Wayside Systems Contingency Projects

205031

-

1,500

-

1,500

Y

95

Pasadena Gold Line Traction Power Substations

205034

6,918

1,521

262

8,701

23,936

8,180

10,117

42,234

210,124

236,387

99,461

545,972

96 Wayside Systems Total
97 Subtotal for Capital Program

26 • Capital Program Project List

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

(Amounts in thousands)
Project Title

CP#

Expected

FY09

Expenditures

and

of

Future

Project

Through FY07

FY08

Life
New

98 Major Construction*
Subway Railcar Midlife Overhaul

206034

202,575

Y

100

99

Expo/Blue Line Light Rail Vehicle Procurement

206035

$

-

-

$

1,101

4,421

$

173,304

198,154

$

174,405

Y

101

Metro Gold Line Eastside Extension

800088

633,548

170,003

95,263

898,814

102

Orange Line

800112

271,179

10,821

31,000

313,000

103

SFV East-West Bikeway Project

800114

9,821

612

205

10,638

104

Canoga Station Park and Ride Project

800117

24,071

1,929

-

26,000

105

Lankershim Depot Restoration Project

800118

1,313

1,668

619

3,600

106

Light Rail Vehicle Fleet Enhancement

800151

91,586

22,608

38,725

152,919
22,000

107

MGL Eastside Extension Enhancements

800288

3,562

17,227

1,211

108

Pasadena Gold Line Closeout

809005

-

2,729

-

2,729

109

MRL Segment 2 Closeout

809081

7,620

7,172

515

15,307

110

MRL Segment 3 North Hollywood Closeout

809082

111 Major Construction Total
112 Capital Program Grand Total

$

2,185

883

571

3,639

1,044,884

241,174

539,568

1,825,626

1,255,008

$

477,561

$

639,029

$

Y

2,371,598

* Excludes Expo LRT. Metro participation in Project 800113 is reflected in the Expo LRT budget.

Proposed FY08 Budget

Capital Program Project List • 27

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Governmental Funds
(Amounts in millions)

Governmental Funds
1

Governmental Funds
General Fund
Special Revenue Fund
FY06
Actual

FY07
Budget

FY08
Proposed

FY06
Actual

FY07
Budget

Total

FY08
Proposed

FY06
Actual

FY07
Budget

FY08
Proposed

Revenue:

2

Sales tax

3

Intergovernmental grants

$1,739.0 $1,850.8 $
26.1

49.6

1,797.9 $
45.7

0.9

$

5.7

$

6.0

$1,739.0 $1,850.8 $
27.0

55.2

1,797.9
51.7

4

Investment income

27.7

4.6

6.9

8.0

4.1

4.1

35.7

8.7

11.0

5

Net decline in fair value of investments

(2.4)

-

-

6

Lease and rental

-

-

7

Proceeds on lease/leaseback to service

-

-

7

Licenses and fines

7.7

7.0

8

Other

-

-

9

Total Revenues

(0.6)

-

-

(3.0)

-

-

12.7

10.3

14.6

12.7

10.3

14.6

-

-

-

-

-

-

-

7.0

0.5

0.5

0.5

8.2

7.5

7.5

2.7

21.5

21.4

2.7

21.5

21.4

24.2

42.1

46.5

1,822.3

1,954.1

1,904.0

1,798.1

1,912.0

1,857.5

710.8

815.5

841.1

0.2

0.0

-

711.0

815.5

841.1

60.3

91.5

80.6

5.5

14.8

15.1

65.8

106.3

95.7
1.5

10
11

Expenditures:

12

Subsidies

13

Services

14

Debt and interest expenditures

15

Interest and fiscal charges

-

-

-

1.5

1.5

1.5

1.5

1.5

16

Bond principal & commercial paper retirement

-

-

-

0.8

0.8

0.8

0.8

0.8

0.8

17

General and administrative

41.9

44.4

43.7

5.0

5.7

6.0

46.9

50.1

49.7

18

Total expenditures

813.0

951.4

965.4

13.0

22.8

23.4

826.0

974.2

988.8

87.5

92.1

120.5

98.2

19
20

Transfers In

21

Transfers (out)

22

Proceeds from Financing

(933.4) (1,123.5)

98.8
(1,153.3)

36.8

-

33.0

6.1

4.7

(24.4)

(5.3)

(4.0)

(957.7) (1,128.8)

103.5
(1,157.4)

-

36.8

-

23
24

Net change in fund balances

139.3

(34.0)

(163.1)

19.8

20.0

23.8

159.1

(13.9)

(139.3)

Fund balances - beginning of year

650.6

789.9

756.0

96.3

116.2

136.2

746.9

906.1

892.2

25
26
27
28

Fund balances - end of year

$ 789.9 $ 756.0 $

593.5 $ 116.2 $ 136.2 $

160.0 $ 906.1 $ 892.2 $

753.5

Note: Totals may not add due to rounding.

28 • Governmental Funds

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

This page is intentionally left blank.

Proposed FY08 Budget

Governmental Funds • 29

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Special Revenue Funds
(Amounts in millions)
Proposition A & C, TDA
Administration

Special Revenue Funds
1

FY06
Actual

FY07
Budget

Proposition A

FY08
Proposed

FY06
Actual

FY07
Budget

Transportation Devel. Act

Proposition C

FY08
Proposed

FY06
Actual

FY07
Budget

FY08
Proposed

FY06
Actual

FY07
Budget

FY08
Proposed

Revenue:

2

Sales tax

3

Intergovernmental grants

3.2

2.9

4.5

-

-

-

16.5

27.7

25.4

4

Investment income

-

-

-

5.3

1.2

1.2

13.2

2.3

2.3

5

Net (decline) in fair value of
investments

-

(1.7)

6

Licenses and fines

-

-

-

Other

-

-

-

-

-

-

-

-

-

-

-

3.2

2.9

4.5

673.8

668.7

695.4

697.6

697.6

722.1

344.4

338.8

353.4

7
8

$

-

$

-

-

Total revenues

$

-

-

$ 669.0 $ 667.5 $

-

(0.5)
-

694.2 $ 669.0 $ 667.6 $

-

-

0.5

694.3 $ 338.7 $ 338.8 $

-

-

-

5.6

-

1.0

-

352.4

-

-

-

-

9
10

Expenditures:

11

Subsidies

-

0.1

0.9

248.3

243.7

253.8

346.1

435.8

447.4

97.7

109.3

113.8

12

Services

10.2

18.0

14.2

-

-

-

47.9

56.2

49.7

-

-

-

13

General and administrative

34.8

34.7

34.5

-

-

-

4.9

7.1

7.1

-

-

-

Total expenditures

45.0

52.8

49.6

248.3

243.7

253.8

398.9

499.1

504.2

97.7

109.3

113.8

16

Transfers In

44.7

49.4

54.4

-

-

-

42.7

41.9

43.6

-

17

Transfers Out

-

(1.8)

(2.2)

(395.8)

(354.1)

(560.9)

(271.7)

(345.9)

(253.9)

(218.3)

18

Proceeds from Financing

36.8

-

14
15

-

-

0.6
(247.2)

0.6
(264.1)
-

19
20

Net change in fund balance

3.0

(2.3)

7.1

29.7

70.9

(119.4)

69.7

(68.8)

(3.0)

0.0

(2.3)

136.9

166.6

237.5

287.3

357.0

7.6

28.5

(17.0)

(23.9)

288.2

138.4

166.9

149.8

21
22

Fund balance - beginning of year

23
24

Fund balance - end of year

$

0.0 $

(2.3) $

4.8 $ 166.6 $ 237.5 $

118.2 $ 357.0 $ 288.2 $

295.8 $ 166.9 $ 149.8 $

126.0

* Other includes regional EZ Transit Pass Program, Regional Grantee - FTA, and MTA Sponsored CFP.

Note: Totals may not add due to rounding.

30 • Special Revenue Funds

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

State Transit Assistance
FY06
Actual

FY07
Budget

SAFE

FY08
Proposed

FY06
Actual

Other*

FY07
Budget

FY08
Proposed

FY06
Actual

FY07
Budget

Total
FY08
Proposed

FY06
Actual

FY07
Budget

FY08
Proposed

1
2

$

62.2 $ 176.9 $

57.1 $

-

$

-

$

-

$

-

$

3

-

-

-

-

-

-

6.3

4

2.2

0.4

1.7

1.4

0.7

0.7

-

5

-

-

-

(0.2)

-

-

-

$

-

$ 1,739.0 $ 1,850.8 $

1,797.9

19.0

15.7

26.1

49.6

45.7

-

-

27.7

4.6

6.9

(2.4)

-

-

-

-

-

6

-

-

-

7.7

7.0

7.0

-

-

-

7.7

7.0

7.0

7

-

-

-

-

-

-

-

-

-

-

-

-

64.4

177.3

58.7

8.9

7.7

7.7

6.3

19.0

15.7

1,798.1

1,912.0

1,857.5

9.4

11.3

-

8
9
10

-

-

4.1

17.2

13.9

710.8

815.5

841.1

12

14.6
-

-

-

2.3

15.7

15.0

0.0

1.6

1.7

60.3

91.5

80.6

13

-

-

-

1.8

2.2

1.6

0.4

0.4

0.4

41.9

44.4

43.7

11.3

4.1

17.9

16.7

4.5

19.2

16.0

813.0

951.4

965.4

11

14.6

14

9.4

15
16
17

-

-

-

(46.3)

(171.5)

(69.3)

-

-

-

0.1

0.2

0.2

(1.3)

(3.0)

(3.0)

-

-

-

(933.4)

-

-

36.8

-

-

18

-

87.5

92.1

98.8

(1,123.5)

(1,153.3)

19
20

3.5

(3.6)

(21.9)

3.5

(13.2)

(12.0)

1.9

(0.0)

0.0

139.3

(34.0)

(162.4)

62.1

65.6

62.0

29.0

32.5

19.3

(0.2)

1.8

1.8

650.6

789.9

755.9

65.6 $

62.0 $

40.1 $

32.5 $

19.3 $

1.8 $

1.8 $

789.9 $

755.9 $

593.5

21
22
23
24

$

Proposed FY08 Budget

7.4 $

1.8 $

Special Revenue Funds • 31

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Page Revised
June 6, 2007

Regional Programs
Metro provides funding directly to projects
through grants of local funds or indirectly
through allocated federal or state grants.
Local funds consist mainly of Proposition
A and Proposition C funds which are
disbursed by Metro to agencies based on
an approved spending plan. Federal and
state grant funds are programmed or
allocated by Metro and disbursed directly
by the granting agency or disbursed by
Metro to the grantee or recipient. The
recipient agency is responsible for

administering and managing the federal
or state grant.
The FY08 budget for local funding
commitments to the Call for Projects
(CFP) reflects current year cash flow.
Funding for all other local programs,
including Municipal Operator programs,
ASI, Proposition A Incentive, Local
Return, and Metrolink, reflects the FY08
programmed amounts.

FY08 Proposed Budget Revenue Summary - Regional Subsidy Program Budget
(Amounts in thousands)

`

1
2
3
4
5
6
7
8
9
10
11
12

Funding Category
Prop A - Local Return 25%
Prop A - Discretionary 95% of 40%
Prop A - Incentive 5% of 40%
Prop C - Local Return 20%
Prop C - Security 5%
Prop C - Commuter Rail 10%
Prop C - Streets & Hwys 25%
Prop C - Discretionary 40%
Other (Federal, FAU Cash, & CMAQ)
Other (EZ Pass)
TDA
STA Formula

13

Total

32 • Regional Programs

ADA/
Commuter
Accessibility CFP Projects Other Local
Rail &
Funding
& Programs
Projects
Intercity
Program
Rail
$
$ 164,872 $
$
218,235
186
18,132
136,772
32,977
7,958
58,212
160,832
103,775
28,070
5,350
9,405
5,367
8,500
343,498
27,768
45,560

Transit
Operator
Programs
$

$

744,046

$

46,202

$

507,606

$

19,403

$ 58,212

Other
Total
Planning
Subsidy Budget
Projects
164,872
218,421
18,132
136,772
32,977
66,170
161,832
137,195
14,772
8,500
371,266
45,560

1,000

$ 1,000

$

1,376,469

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Page Revised
June 6, 2007

Regional Subsidy Program Budget Detail
FY08 Proposed Budget
(Amounts in thousands)

FY06
Actual

Regional Fund Description

FY07
Budget

FY08
Proposed

1

2 Transit Operator Programs
Formula Allocated Funds - other agencies
3
4
Transit Security
5
BSIP & MOSIP Programs (1)
6
Foorhill Mitigation
7
Transit Service Expansion
8
FY07 Fuel Inflation allocation
9
Base Bus Restructuring

$

Transit Operator Programs Total

10
11

12 ADA/Accessibility Funding Programs
13
ASI - Access Services, Inc.
14
Proposition A Incentive programs
ADA Accessibility Funding
15

Programs Total

16
17 CFP Projects and Programs
18
Proposition A and C Local Return
19
Call for Projects & Rapid Bus
20
TDA Bikeways/Transit/Streets & Hwys Pgms
CFP Projects and Programs Total
21
22
23 Other Local Projects
24
Immediate Needs
25
SHORE/General Relief Tokens
26
Regional Grantee-FTA
27
EZ Pass Program
28
Miscellaneous Other Local Projects
Other Local Projects Total
29
30
31 Commuter Rail & Intercity Rail Programs
32
Metrolink (2)
33
Intercity Rail
Commuter Rail & Intercity Rail Programs Total
34
35
36 Other Planning Projects
37
Other P&P Planning
38
Transit Planning
39
Pedestrian Bikeway Enhancements & Rideshare Svcs
40
Bus Speed Improvements on Van Nuys Blvd.
41
Pasadena MBL disbursement
Other Planning Projects Total
42
43
44

Total Metro Funded Programs

$

504,531 $
31,241
69,735
7,676
5,954
3,011

574,536 $
30,195
29,576
7,114
6,282
6,000
3,289

607,736
32,977
83,701
9,827
6,436
3,369

622,148

656,992

744,046

24,177
10,379

25,059
13,149

28,070
18,132

34,556

38,208

46,202

288,264
127,099
18,268

300,730
177,666
25,617

301,644
178,194
27,768

433,631

504,013

507,606

5,015
1,050
3,859
14
-

5,000
1,050
9,739
7,500
-

5,000
350
5,367
8,500
186

9,938

23,289

19,403

45,303
25

52,277
25

58,187
25

45,328

52,302

58,212

13
221
-

65
40
-

1,000
-

234

105

1,000

1,145,835 $

1,274,908 $

1,376,469

NOTES:
1) BSIP/MOSIP funds for FY08 includes Metro MOSIP.
2) Commuter Rail & Intercity Rail for Metrolink ($3.7M includes Capital funds that were reflected in
FY07 in the CFP Projects and Programs' category).

Proposed FY08 Budget

Regional Programs • 33

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Fund Balances
For The Years Ending June 30, 2006, 2007, and 2008.
(Amounts in millions)

1
2
3
4
5
6
7
8
9

FY07
Estimated

FY06
Actual

Fund
Special Revenue Funds:
Proposition A:
Administration
Local Return
Rail Set Aside
Discretionary
Incentive
Interest
Proposition C:
Administration
Local Return
Commuter Rail
Discretionary
Street & Highways
Security
Interest

$

4.7 $
5.8
67.5
3.2
20.6
0.7

88.2 (1)
58.5 (1)
20.1
1.9

FY08
Estimated

$

34.0 (2)
15.2
3.1

1.8
4.9
50.2
105.9
192.7
6.7
(1.7)

39.3
72.3
68.3
8.8
0.7

Transportation Development Act:
Administration
Article 3
Article 4
Article 8
Interest

0.5
22.1
1.3
-

0.5
22.1
1.3
-

-

26

State Transit Assistance:
Revenue Share
Population Share
Interest

12.8
8.7
-

13.9
9.2
-

1.3

27

SAFE

32.5

19.3

7.3

28

Prop. A, C, TDA Administration

-

0.9

4.8

30.3
37.5
0.5
0.2
0.2
2.5
1.4
43.9
-

17.8
37.5
0.5
0.3
1.4
1.4
49.6
15.3

982.4

982.4

10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25

29
30
31
32
33
34
35
36
37
38
39
40

General Fund:
Sales/leaseback
Right-of-Way Lease
HOV Fines
Interest
Employee Activities
FAU
Ridesharing
General
CNG Fuel Credits
Other:
Debt Service

41

Benefit Assessment Districts (6)

42

Pension Plans (Jointly Administered) (6)
(1)
(2)
(3)
(4)
(5)
(6)
(7)

28.6
162.3 (3)
4.7 (4)
2.1

15.1
42.4
4.1
0.6
49.8
35.7 (5)
987.8

(7)

84.6

84.6

84.6

(7)

711.1

711.1

711.1

(7)

Swap in FY07 with STA windfall.
Committed to capital rail rehabilitation program.
$41.4 million committed to outstanding encumbrances.
Proposed in FY08 budget for security reserve.
Proposed in FY08 budget for bus operating reserve.
FY06 ending balance used for budgeting purposes.
Fully committed.

34 • Fund Balances

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

FY08 LACMTA Financial Organization Chart

LACMTA BOARD
OF DIRECTORS

Board Secretary

Ethics Officer

County Counsel

CHIEF EXECUTIVE
OFFICER

Inspector General

Board Relations,
Policy & Research

ECONOMIC
DEVELOPMENT

MANAGEMENT
AUDIT SERVICES

FINANCIAL
SERVICES

ADMINISTRATIVE
SERVICES

New Business
Development

Audit Support &
Research Services

Office of
Management & Budget

Information
Technology Services

TAP Operations

Internal Audit

Finance & Treasury

Human Services

Real Estate
Administration

Compliance Audit

Accounting

Procurement &
Material Management

IT Audit

Risk Management

Diversity &
Economic Opportunity

CONSTRUCTION
PROJECT
MANAGEMENT

TRANSIT
OPERATIONS
RAIL

TRANSIT
OPERATIONS
BUS

COUNTYWIDE
PLANNING &
DEVELOPMENT

COMMUNICATIONS

Capital Development

Wayside Systems

Operations Central
Instruction

Long Range Planning
& Coordination

Customer
Communications

Project Support

Transportation

Manpower Systems
& Support

Programming
& Policy Analysis

Customer Relations

Project Administration

Fleet Services

Service Development
Performance Analysis

Trans. Development &
Implementation

Public Relations

Transit Systems
Engineering

Safety & Security

Regional Communications Programs

Rail & Bus Operations
Control

Facilities

Government Relations

Operations
Labor Relations

Creative Services

Metro Bus
Service Sectors

Customer Programs
& Services

San Fernando Valley
Service Sector

San Gabriel Valley
Service Sector

Vehicle Technology

Central Maintenance

Gateway Cities
Service Sector

Westside/Central
Service Sector
Motorist Services

South Bay
Service Sector

Contract Services

* represents financial hierarchy, not necessarily reporting hierarchy

Proposed FY08 Budget

FY08 LACMTA Financial Organization Chart • 35

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Summary of Budgeted FTEs
FY06
Budget
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

FY07
Budget

FY08
Proposed

Metro Bus Operations
San Fernando Valley Service Sector
San Gabriel Valley Service Sector
Gateway Cities Service Sector
South Bay Service Sector
West Side/Central Service Sector
Contract Services
Manpower-Transit Ops
Operations Central Instruction
Service Development Performance Analysis
Safety And Transit Security
Central Maintenance
Vehicle And Systems Technology
Facilities
Motorist Services
Operations Labor Relations
Metro Bus Operations Total

1,071
961
1,027
1,206
1,371
4
17
80
80
114
328
32
159
9
7
6,466

1,117
1,073
1,033
1,178
1,308
4
17
82
62
111
335
33
159
9
13
6,534

1,118
1,072
1,038
1,173
1,310
4
16
83
59
111
372
32
153
8
13
6,562

Metro Rail Operations
Wayside Systems
Transportation
Fleet Services
Transit Systems Engineering
Rail & Bus Operations Control
Metro Rail Operations Total

385
329
330
45
86
1,174

388
336
346
28
87
1,185

388
337
345
28
87
1,185

26
30
48
104

26
31
57
114

25
31
58
114

Construction Project Management
Capital Development
Project Support
Project Administration
Construction Project Management Total

27
13
48
88

25
14
47
86

25
14
47
86

Communications
Customer Communications
Customer Relations
Public Relations
Regional Communications Program
Government Relations
Creative Services
Customer Programs & Services
Communications Total

30
103
18
16
6
14
28
215

30
103
18
18
6
14
28
217

37
103
19
15
7
14
28
223

Countywide Planning & Development
Long Range Planning & Coordination
Programming & Policy Analysis
Trans Development & Implementation
Countywide Planning & Development Total

36 • Summary of Budgeted FTEs

Change
from FY07
1
(1)
5
(5)
2
(1)
1
(3)
37
(1)
(6)
(1)
28

1
(1)
-

(1)
1
-

-

7
1
(3)
1
6

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

FY06
Budget
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
74
75
76
77
78
79
80
81
82
83
84
85
86
87

FY07
Budget

FY08
Proposed

Change
from FY07

Financial Services
Office of Management & Budget
Finance & Treasury
Accounting
Risk Management
Financial Services Total

19
64
79
47
209

19
62
78
61
220

19
65
78
61
223

Administrative Services
Information Technology Services
Human Services
Procurement & Material Management
Diversity & Economic Opportunity
Administrative Services Total

132
168
226
22
548

130
153
223
22
528

130
152
228
22
532

Economic Development
New Business Development
TAP Operations
Real Estate Administration
Economic Development Total

3
1
20
24

7
1
20
28

7
1
20
28

Management Audit
Audit Support & Research Services
Internal Audit
Compliance Audit
IT Audit
Management Audit Total

13
5
8
4
30

7
10
7
4
28

8
9
6
5
28

-

Office of the Chief Executive Officer
Board Relation, Policy, Research & Library Service
Chief Executive Officer
Office of the Chief Executive Officer Total

12
1
13

10
1
11

10
1
11

-

Board of Directors
Board Secretary
Ethics Office
County Counsel
Inspector General
Board of Directors Total

12
7
4
23
46

11
7
4
23
45

11
7
4
23
45

-

8,917

8,996

9,037

Agency Total

Proposed FY08 Budget

3
3

(1)
5
4

-

1
(1)
(1)
1

41

Summary of Budgeted FTEs • 37

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Metro Summary FTE & Expenditures Budget
FTEs
1
2
3
4
5
6
7
8
9
10
11
12

Metro Bus Operations
Metro Rail Operations
Countywide Planning & Development
Construction Project Management
Communications
Financial Services
Administrative Services
Economic Development
Management Audit
Office of the Chief Executive Officer
Board of Directors
Agency Total

FY06
Budget
$
6,466 $
1,174
104
88
215
209
548
24
30
13
46
$
8,917 $

Expenditures
(Amounts in thousands)
13
14
15
16
17
18
19
20
21
22
23
24

Metro Bus Operations
Metro Rail Operations
Countywide Planning & Development
Construction Project Management
Communications
Financial Services
Administrative Services
Economic Development
Management Audit
Office of the Chief Executive Officer
Board of Directors
Agency Total

$

$

Expenditure Types
(Amounts in thousands)
25
26
27
28
29
30
31
32
33
34
35

Wages & Benefits
Services
Purchased Transportation
Fuel, Lubricants & Propulsion Power
Materials & Supplies
Casualty & Liability
Other Support
Acquisitions
Subsidies
Debt
Agency Total

$

$

FY07
FY08
Budget
Proposed
6,534 $
6,562
1,185
1,185
114
114
86
86
217
223
220
223
528
532
28
28
28
28
11
11
45
45
8,996 $
9,037

FY06
FY07
FY08
Actual
Budget
Proposed
989,607 $ 1,110,818 $ 1,146,115
170,363
203,300
198,772
728,759
826,046
839,624
189,091
242,531
198,100
33,111
38,295
41,910
306,518
360,319
364,317
86,368
73,556
78,750
26,998
55,253
52,434
3,933
3,895
3,936
2,738
2,665
2,334
16,252
23,147
26,977
2,553,739 $ 2,939,826 $ 2,953,270 *

FY06
FY07
FY08
Actual
Budget
Proposed
771,114 $
814,562 $
837,185
193,150
264,605
257,918
33,587
35,585
36,181
73,857
85,323
80,519
92,641
88,046
104,476
47,672
49,449
60,840
37,547
44,126
50,973
306,301
439,766
380,104
729,781
821,891
841,248
268,090
296,473
303,827
2,553,739 $ 2,939,826 $ 2,953,270 *

*Excludes $167.6 million for Exposition Metro Line Construction Authority

38 • Metro Summary FTE & Expenditures Budget

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

This page is intentionally left blank.

Proposed FY08 Budget

Metro Summary FTE & Expenditures Budget • 39

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

FY08 Debt Service Schedule
Budgeted Debt

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

Principal Adjustments

Transaction Name
1991-B Refunding
1992-A Refunding
1996-A New Money
1997-A Refunding
1999-A Forward Refunding
1999-B New Money
1999-C Refunding
2001-A New Money
2001-B Refunding
2003-A Forward Refunding
2003-B Refunding
2005-A New Money
2005-B Refunding
2005-C Refunding
2007-A Refunding
1996 Refunding
Prop A Commercial Paper
Prop A Debt Sub-Total

Initial PAR
Value
281,425,000
98,700,000
110,580,000
256,870,000
160,205,000
150,340,000
170,495,000
55,685,000
191,215,000
273,505,000
243,795,000
242,795,000
43,655,000
265,825,000
46,635,000
104,715,000
350,000,000
3,046,440,000

Principal
Balance as of
6/30/07
65,510,000
61,200,000
54,495,000
140,255,000
29,255,000
167,870,000
15,425,000
178,420,000
238,625,000
243,795,000
238,345,000
43,655,000
265,825,000
46,635,000
109,948,000
1,899,258,000

1992-A New Money
1993-A Refunding
1995-A New Money
1998-A Refunding
1999-A New Money
2000-A New Money
2003-A Refunding
2003-B Refunding
2003-C Refunding
2004-A New Money
2006-A Refunding
Prop C Commercial Paper
Local Allocation -- City of Los Angeles
Prop C Debt Sub-Total

516,855,000
204,095,000
250,000,000
219,710,000
124,805,000
161,995,000
94,840,000
170,775,000
221,850,000
176,345,000
129,385,000
150,000,000
21,700,000
2,442,355,000

13,450,000
195,650,000
13,655,000
219,710,000
108,650,000
22,045,000
68,835,000
168,075,000
214,850,000
171,035,000
129,385,000
77,254,000
4,340,000
1,406,934,000

-

-

-

-

-

-

-

-

13,450,000
1,185,000
6,630,000
2,915,000
3,245,000
8,945,000
375,000
1,625,000
3,290,000
385,000
2,825,000
2,170,000
47,040,000

2000 Breda Lease (Norwest)
2000 Breda Lease (CIBC)
2000 Breda Lease (Comerica)
2001 Agilent Lease
2001 Comerica Lease
2002 Textron Lease
2002 Philip Morris Lease
2002 First Hawaiian Lease
2003 Fleet Lease
Capitalized Leases
Debt Overhead Costs
Other Debt Sub-Total

64,882,355
13,780,433
87,396,529
264,054,348
75,742,288
114,779,263
384,088,739
65,774,837
89,632,800
96,848,132
1,256,979,725

49,781,112
11,093,527
67,107,788
41,711,377
90,346,210
19,585,645
319,687,373
75,143,407
100,505,173
13,895,708
788,857,320

-

-

-

-

1,845,958
1,200,793
2,477,295
3,864,583
29,770,851
2,535,893
3,307,713
3,367,421
48,370,506

2005 Capital Grant Revenue
Grant Revenue Debt Sub-Total

264,885,000
264,885,000

239,710,000
239,710,000

-

-

-

-

47,750,000
47,750,000

-

191,960,000
191,960,000

2003 Workers Comp
1996-A Refunding (USG)
2004-A Refunding (USG)
General Revenue Debt Sub-Total

88,485,000
185,735,000
197,050,000
471,270,000

52,040,000
188,350,000
240,390,000

-

-

-

-

12,330,000
4,100,000
16,430,000

-

39,710,000
184,250,000
223,960,000

Enterprise Fund Debt Total

7,481,929,725

4,575,149,320

1993-A CRA Housing
2002-A CRA Redevelopment Refunding
Prop A General Fund Debt Sub-Total

9,454,406
20,920,000
30,374,406

8,457,535
19,005,000
27,462,535

62

MTA Debt Total

7,512,304,130

4,602,611,855

63
64
65
66
67

1992-A Bnft Assmt. Dist. A1
2001-A Bnft Assmt. Dist. A1 Refunding
2001-A Bnft Assmt. Dist. A2 Refunding
Agency Fund Sub-Total

154,055,000
42,465,000
6,705,000
203,225,000

18,905,000
41,560,000
3,175,000
63,640,000

68
69

Interim
Commercial
Paper
Financing
-

New
New
Financing
Financing
Cost
-

-

-

-

-

-

Commer.
Paper
Refunding
-

-

Total 7,715,529,130 4,666,251,855
Footnotes
1 - Debt service is paid from Prop A 35% Sales Tax Revenue and is to be reimbursed from net revenues of the project.
2 - Interest expense is calculated using a 3.75% interest rate.
3 - Interest expense is calculated using a 3.75% interest rate for tax-exempt notes and a 5.75% interest rate for taxable notes.

40 • FY08 Debt Service Schedule

-

Principal
Payment
FY08
12,450,000
11,900,000
4,770,000
7,735,000
2,825,000
505,000
1,135,000
75,000
12,080,000
5,515,000
4,770,000
1,350,000
5,698,000
70,808,000

230,398,506
234,932
590,000
824,932

-

231,223,438
18,905,000
180,000
1,020,000
20,105,000

-

251,328,438

Accreted
Interest
2,777,017
6,510,114
1,281,259
16,776,056
4,952,560
6,812,579
39,109,585

39,109,585
39,109,585
39,109,585

Principal
Balance as of
6/30/08
53,060,000
49,300,000
49,725,000
132,520,000
26,430,000
167,365,000
14,290,000
178,345,000
226,545,000
243,795,000
232,830,000
38,885,000
264,475,000
46,635,000
104,250,000
1,828,450,000
194,465,000
7,025,000
219,710,000
105,735,000
18,800,000
59,890,000
167,700,000
213,225,000
167,745,000
129,000,000
74,429,000
2,170,000
1,359,894,000
47,935,154
9,892,734
64,630,493
44,488,394
92,991,741
20,866,905
306,692,578
77,560,075
104,010,038
10,528,287
779,596,399

4,383,860,399
8,222,603
18,415,000
26,637,603
4,410,498,002
41,380,000
2,155,000
43,535,000
4,454,033,002

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Principal
12,450,000
11,900,000
4,770,000
7,735,000
2,825,000
505,000
1,135,000
75,000
12,080,000
5,515,000
4,770,000
1,350,000
5,698,000
70,808,000

Interest
3,448,900
2,888,980
16,000
6,714,488
1,263,799
8,270,448
623,381
9,357,425
10,602,794
11,308,950
11,403,781
1,944,250
9,201,383
2,329,650
4,123,050
83,497,279

Total D/S
P&I
15,898,900
14,788,980
4,786,000
14,449,488
4,088,799
8,775,448
1,758,381
9,432,425
22,682,794
11,308,950
16,918,781
6,714,250
10,551,383
2,329,650
9,821,050
154,305,279

Misc. Fees*
15,000
320,000
61,314
436,600
9,500
246,141
9,500
153,799
9,500
(1,078,919)
(659,280)
(458,034)
(421,605)
771,054
15,000
37,149
660,000
126,719

Total D/S
Expense
15,913,900
15,108,980
61,314
5,222,600
14,458,988
4,334,940
8,784,948
1,912,180
9,441,925
21,603,875
10,649,670
16,460,747
6,292,645
11,322,437
2,344,650
37,149
10,481,050
154,431,998

Enterprise
Fund
15,913,900
15,108,980
61,314
5,222,600
14,458,988
4,334,940
8,784,948
1,912,180
9,441,925
21,603,875
10,649,670
16,460,747
6,292,645
11,322,437
2,344,650
37,149
10,481,050
154,431,998

13,450,000
1,185,000
6,630,000
2,915,000
3,245,000
8,945,000
375,000
1,625,000
3,290,000
385,000
2,825,000
2,170,000
47,040,000

10,024,671
414,475
11,234,875
5,017,288
931,475
3,026,488
5,977,278
7,524,047
8,079,093
5,900,450
3,742,105
93,310
61,965,555

13,450,000
11,209,671
7,044,475
11,234,875
7,932,288
4,176,475
11,971,488
6,352,278
9,149,047
11,369,093
6,285,450
6,567,105
2,263,310
109,005,555

5,000
680,000
5,000
5,000
5,000
194,730
7,500
(384,105)
679,777
(162,991)
(101,555)
346,500
1,279,856

13,455,000
11,889,671
7,049,475
11,239,875
7,937,288
4,371,205
11,978,988
5,968,173
9,828,824
11,206,102
6,183,895
6,913,605
2,263,310
110,285,411

13,455,000
11,889,671
7,049,475
11,239,875
7,937,288
4,371,205
11,978,988
5,968,173
9,828,824
11,206,102
6,183,895
6,913,605
2,263,310
110,285,411

1,845,958
1,200,793
2,477,295
3,864,583
29,770,851
2,535,893
3,307,713
3,367,421
48,370,506

1,394,840
819,383
1,881,932
-

446,701
4,542,856

3,240,798
2,020,175
4,359,227
3,864,583
29,770,851
2,535,893
3,307,713
3,814,122
52,913,362

750,000
750,000

3,240,798
2,020,175
4,359,227
3,864,583
29,770,851
2,535,893
3,307,713
3,814,122
750,000
53,663,362

47,750,000
47,750,000

7,862,888
7,862,888

55,612,888
55,612,888

(431,551)
(431,551)

12,330,000
4,100,000
16,430,000

1,666,477
6,450,593
8,117,070

13,996,477
10,550,593
24,547,070

56
57
58
59
60
61

230,398,506

165,985,648

234,932
590,000
824,932

62
63
64
65
66
67
68
69

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

General
Fund
-

Agency
Fund
-

-

-

-

-

-

-

-

-

3,240,798
2,020,175
4,359,227
3,864,583
29,770,851
2,535,893
3,307,713
3,814,122
750,000
53,663,362

-

-

55,181,337
55,181,337

55,181,337
55,181,337

-

-

146,402
495,596
620,808
1,262,806

14,142,879
495,596
11,171,401
25,809,876

14,142,879
495,596
11,171,401
25,809,876

-

-

396,384,154

2,987,830

399,371,984

399,371,984

486,056
953,039
1,439,095

720,988
1,543,039
2,264,027

1,000
1,000
2,000

721,988
1,544,039
2,266,027

231,223,438

167,424,743

398,648,181

2,989,830

401,638,011

18,905,000
180,000
1,020,000
20,105,000

557,698
1,607,575
106,425
2,271,698

19,462,698
1,787,575
1,126,425
22,376,698

9,500
157,596
46,057
213,153

19,472,198
1,945,171
1,172,482
22,589,851

251,328,438

169,696,441

421,024,879

3,202,983

424,227,862

399,371,984
399,371,984

721,988
1,544,039
2,266,027
2,266,027
2,266,027

Foot
notes

2

3

4

6

-

1
1

19,472,198
1,945,171
1,172,482
22,589,851

5
5
5

22,589,851

4 - The interest expense budgeted for the 2005 Capital Grant Revenue Bonds is net of earnings from the Debt Service Reserve Fund.
5 - The Benefit Assessment District debt service is solely an obligation of the respective Districts and is paid from assessments levied within each district.
6 - Debt service for the 2004 Union Station Gateway bonds is treated as rent and is reimbursed to the Enterprise Fund through the overhead allocation process.
* Includes amortized issuance costs, bond discounts & premiums.

Proposed FY08 Budget

FY08 Debt Service Schedule • 41

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Propositions A & C, and TDA
Administration Expenditures and Funding
REVENUE SOURCE

Project

Task Name

1

Beginning Fund Balance

2

Transfers Carryover

3
4

FY08
Proposed
$

Prop A
Administration
-

(2,272,833) $

-

$

PPM (Planning
and Programming
Monitoring) &
Other (1)

TDA Planning
and
Programming

TDA
Administration

Total
Allocation

- $

- $

- $ (2,272,833)

2,481,760

745,562

-

-

-

3,227,323

Revenues for the year - Actual

34,709,672

10,414,221

2,287,340

3,712,660

4,516,568

55,640,460

Available funds

34,918,599

11,159,783

2,287,340

3,712,660

4,516,568

56,594,950

-

22,247,236

-

$

Prop C
Administration

5
6
7

100002-Governmental/Oversight
General Oversight

8

Legal Expenses

9

Transportation Foundation

10

Treasury Oversight

11

Total Project 100002

22,247,236

22,247,236

190,000

190,000

-

-

-

-

1,952

1,952

-

-

-

-

-

-

-

1,952

206,585

206,585

-

-

-

-

206,585

22,645,773

22,645,773

-

-

-

-

22,645,773

190,000

12
13 100012-Prop A & C Audit
14
15

Prop A & C Audit
Total Project 100012

51,280

25,640

25,640

-

-

-

51,280

51,280

25,640

25,640

-

-

-

51,280

16
17 100050-Administration-Special Revenue Planning
18
19

G&A Costs
Total Project 100050

3,666,307

-

3,666,307

-

-

-

3,666,307

3,666,307

-

3,666,307

-

-

-

3,666,307

20
21 100060-Admin.-General Planning
22
23

G & A Costs
Total Project 100060

8,035,526

5,511,529

2,523,997

-

-

-

8,035,526

8,035,526

5,511,529

2,523,997

-

-

-

8,035,526

24
25 400228-Regional Downtown Connector
26
27

Regional Downtown Connector
Total Project 400228

367,239

-

-

-

367,239

-

367,239

367,239

-

-

-

367,239

-

367,239

28
29 400229-Harbor Subdivision AA
30

Harbor Subdivision AA

243,862

-

243,862

-

-

-

243,862

31

Total Project 400229

243,862

-

243,862

-

-

-

243,862

32
33 400231-DMU Tech Feasibility Study
34
35

DMU Tech Feasibility Study
Total Project 400231

20,138

-

20,138

-

-

-

20,138

20,138

-

20,138

-

-

-

20,138

36
37 400232- Eastside Extension
38
39

Eastside Extension
Total Project 400232

296,304

-

296,304

-

-

-

296,304

296,304

-

296,304

-

-

-

296,304

40
41 402130-Disparity Study-Contracting
42
43

Disparity Study-Contracting
Total Project 402130

500,000

500,000

-

-

-

-

500,000

500,000

500,000

-

-

-

-

500,000

44
45 405510-Other Planning and Programming - Admin.
46

Consolidated Audit Services

498,246

134,073

134,073

230,099

-

-

498,246

47

Triennial Audit Management

496,771

-

-

496,771

-

-

496,771

14,076

-

14,076

-

-

-

14,076

188,598

94,299

94,299

-

-

-

188,598

48

HOV Administration

49

Prop A/C Administration

50

Grants Administration

988,169

-

-

500,548

-

487,621

988,169

51

TDA Article 3 & 8

119,393

-

-

119,393

-

-

119,393

52

TIP Administration

53

STIP PPM

915,219

-

-

-

-

915,219

915,219

1,089,851

-

-

-

-

1,089,851

1,089,851

54

Government Coordination / Outreach.

628,672

-

628,672

-

-

-

628,672

55

Bus System Improvements Plan

201,927

201,927

-

-

-

-

201,927

56

Station Planning/Joint Develop

226,116

-

226,116

-

-

-

226,116

57

Bike Parking Racks & Lockers

156,423

-

-

-

156,423

-

156,423

58

Art Program

170,291

-

170,291

-

-

-

170,291

59

Public Outreach

15,322

7,661

7,661

-

-

-

15,322

60

General Planning

1,041,822

-

-

-

1,041,822

-

1,041,822

61

General Commuter Program

62

Increase customer awareness Program

63

Total Project 405510

42 • Propositions A & C, and TDA

3,301
1,984,158
8,738,354

-

3,301

-

3,301

-

1,984,158

-

-

-

1,984,158

3,262,647

1,346,811

1,198,245

2,492,691

8,738,354

437,960

-

-

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

REVENUE SOURCE

64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
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
117
118
119
120
121

Project
Task Name
405511-Transit Planning - Admin.
SHORE Program Support
Long Range Plan Update
Smart Shuttle
Municipal Funding & Coordination.
Admin. NTD Report - Local Cities
Restructuring Study
Bus Service Improvements
Metro Rapid Bus
(BSP) Bus Service Efficiency & Effectiveness
Transit Planning
Rapid Bus Planning (BRT) Research
Railvolution
ADA Compliance
Research & Development
Metro Access - South Bay - Pedestrian/Bicycle
GIS Work for Planning Studies
Total Project 405511

FY08
Proposed
$

Prop A
Administration

37,633 $
1,476,849
11,825
338,830
235,502
515,315
438,621
416,225
282,608
650,660
10,000
27,360
37,064
86,302
37,866
450,726
5,053,386

Prop C
Administration

- $
11,825
112,943
67,789
438,621
334,073
965,251

TDA
Administration

37,633 $
112,943
11,413
515,315
416,225
27,360
1,120,889

PPM (Planning
and Programming
Monitoring) &
Other (1)

TDA Planning
and
Programming

- $
112,943
156,301
29,196
7,088
305,529

- $
253,411
309,499
37,064
37,866
637,840

Total
Allocation

- $
37,633
1,476,849
1,476,849
11,825
338,830
235,502
515,315
438,621
416,225
282,608
650,660
10,000
10,000
27,360
37,064
86,302
86,302
37,866
450,726
450,726
2,023,877
5,053,386

405518-Red Line Westside Extension
Red Line Westside Extension
Total Project 405518

621,247
621,247

-

-

-

621,247
621,247

-

621,247
621,247

407001-SR91/I-605 Corridor
SR91/I-605 Corridor
Total Project 407001

250,000
250,000

-

-

-

250,000
250,000

-

250,000
250,000

55,000
55,000

-

-

-

55,000
55,000

-

55,000
55,000

407003-OCTA Partnership Improvement
OCTA Partnership Improvement
Total Project 407003

125,000
125,000

-

-

-

125,000
125,000

-

125,000
125,000

407004-I-10 South Master Plan
I-10 South Master Plan
Total Project 407004

120,000
120,000

-

-

-

120,000
120,000

-

120,000
120,000

407007-South Bay Goods Movement
South Bay Goods Movement
Total Project 407007

100,000
100,000

-

-

-

100,000
100,000

-

100,000
100,000

407008-Gateway COG
Gateway COG
Total Project 407008

238,089
238,089

-

-

-

238,089
238,089

-

238,089
238,089

410053-TDA Subsidy (SCAG & LA County Auditor/Controller)
SCAG & LA County Auditor/Controller
Total Project 410053

635,000
635,000

-

-

635,000
635,000

-

-

635,000
635,000

19,478
19,478

19,478
19,478

-

-

-

-

19,478
19,478

51,781,982

30,105,632

11,159,783

2,287,340

3,712,660

4,516,568

51,781,982

407002-South Bay Transit Corridor
South Bay Transit Corridor
Total Project 407002

609911-Transit Academy/TOPS
TOP
Total Project 609911
Total Expenditures/Allocations
Remaining balance at June 30, 2008

$

- $

4,812,968 $

- $

- $

-

- $

- $ 4,812,968

(1) Other in PPM & Other Revenue Source is a $10,000 Planning Research-Rapid Bus, BRT Federal Grant.

Proposed FY08 Budget

Propositions A & C, and TDA • 43

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Summary of Revenue & Carryover by Source
(Amounts in thousands)
Revenue Source
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

Sales Tax Revenues
Proposition A
Administration
Local Return (25%)
Rail - Set Aside (35%)
Discretionary (95% of 40%)
Incentive (5% of 40%)
Total proposition A

Carryover

$

Proposition C
Administration
Local Return (20%)
Security (5%)
Commuter Rail (10%)
Streets & Highways (25%)
Discretionary (40%)
Total proposition C
Transportation Development Act - TDA
Administration
Article 3 - (2%)
Article 4 - (92.68%)
Article 8 - (5.32%)
Total TDA
State Transit Assistance - STA
Revenue Share - PUC 99314
Population Share - PUC 99313
Total STA**

30 Total Sales Tax
31
32 Intergovernmental
33
Local Funds
34
City of LA.
35
Local*
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

Total local funds
State Funds
State Regional STIP
State Highway Account
TCRP, AB 2928 (State Traffic
Congestion Relief Program)
STIP - PPM
Freeway Service Patrol - State/Local
Grant
State - Homeland Security
State Other
Total state funds
Federal Funds
Federal Section 5309 [ 3 ] Capital - New
Starts
Federal Section 5309 [ 3 ] Fixed
Guideways
Federal Section 5309 [ 3 ] Bus Facilities
Federal Section 5307 [ 9 ]
Congestion Mitigation & Air Quality CMAQ
Federal TEA
Regional Surface Transp. Funds
(RSTP)
Federal STP
Growing State Rail Prev. Maint. Sec.
5340
Federal Homeland Security
Job Access Reverse Commute (JARC)
S3035
New Freedoms S5316, S5317
Federal Other
Total federal funds
Total Intergovernmental
Balance to following page

$

Fiscal Year 2006
Actual
Total

Spent

2,245 $
38,739
79,550
19,271
139,805

33,449 $
158,884
222,437
241,503
12,711
668,984

35,694 $
158,884
261,177
321,053
31,981
808,789

30,968
158,884
193,663
249,185
11,397
644,096

1,090
5,529
49,649
189,869
51,145
297,283

10,035
131,798
32,949
65,899
164,747
263,596
669,025

11,126
131,798
38,479
115,548
354,616
314,741
966,307

12,994
125,613
1,806
140,413

6,000
6,655
308,204
17,882
338,742

47,341
14,792
62,133
639,633

Carryover

$

Fiscal Year 2007
Budget
Total

Programmed

4,726 $
5,828
67,513
3,224
20,585
101,877

33,375
158,532
221,944
240,968
12,683
667,502

38,101 $
164,360
289,458
244,192
33,267
769,379

35,677
164,360
201,212
155,668
13,149
570,066

9,290
131,798
31,783
65,573
178,715
208,881
626,040

1,836
4,855
6,696
50,227
192,692
105,860
362,167

10,014
131,515
32,879
65,757
164,393
263,029
667,587

11,850
136,370
39,575
115,985
357,085
280,193
941,057

6,000
19,649
433,817
19,689
479,154

6,000
1,523
289,051
16,745
313,320

29
478
22,119
1,297
23,924

6,000
6,656
308,100
18,068
338,825

34,378
27,867
62,245
1,738,995

81,719
42,659
124,378
2,378,628

37,920
23,034
60,954
1,644,410

12,760
8,698
21,458
509,425

-

5,438
1,325
6,763

5,438
1,325
6,763

-

175,998
-

5,438
1,325
6,763
175,998
-

175,998

Carryover

Programmed

209 $
1
88,246
58,533
20,118
167,107

34,710
164,871
230,819
250,604
13,190
694,193

34,919
164,872
319,065
309,137
33,308
861,301

30,104
164,872
285,065
275,682
18,132
773,855

10,014
136,370
30,736
76,691
188,290
332,981
775,082

746
(1)
8,839
39,294
68,335
72,293
189,506

10,414
136,773
34,193
68,387
170,967
273,547
694,281

11,160
136,772
43,033
107,680
239,302
345,840
883,787

11,160
136,772
38,318
79,092
239,302
223,469
728,113

6,029
7,134
330,220
19,366
362,749
-

6,000
6,897
324,219
18,720
355,836

477
22,103
1,313
23,893

6,000
6,927
320,395
19,051
352,373

6,000
7,404
342,498
20,364
376,266

6,000
7,404
342,498
20,364
376,266

90,140
86,783
176,923
1,850,837

102,900
95,481
198,382
2,271,566

92,968
87,576
180,544
1,881,528

13,930
9,216
23,146
403,652

31,630
25,428
57,058
1,797,906

45,560
34,644
80,204
2,201,558

45,560
34,644
80,204
1,959,138

-

4,277
133
4,410

4,277
133
4,410

4,277
134
4,411

-

20,063
20,063

20,063
20,063

20,063
20,063

-

70,991
157

70,991
157

71,011
159

-

131,811
181

131,811
181

131,811
181

98,808

98,808

98,808

65,017

65,017

65,017

3,687

3,687

4,776

5,980

5,980

5,980

9,500

9,500

9,500

11,112

11,112

11,112

-

14,895

14,895

14,895

-

-

-

-

-

7,038

7,038

7,038

-

137
3,907
201,974

3,907
201,974
-

3,907
201,837

-

183,142

183,142

184,254

-

3,328
217,429

3,328
217,429

3,328
217,429

-

120,958

120,958

120,958

-

100,000

100,000

100,000

-

129,000

129,000

129,000

-

31,150

31,150

31,150

-

47,254

47,254

47,255

-

39,400

39,400

39,400

-

6,559

6,559

6,559

-

11,952

11,952

11,952

-

7,239

7,239

7,239

-

219,611

219,611

219,611

-

134,257

134,257

134,257

-

148,528

148,528

148,528

-

104,017

104,017

103,683

-

93,201

93,201

93,320

-

55,424

55,424

55,424

-

1,330

1,330

1,330

-

207

207

207

-

-

-

-

-

-

-

-

-

492

492

492

-

1,272

1,272

1,272

-

-

-

-

-

-

-

-

-

-

-

1,948

1,948

1,948

-

-

-

-

485,572
485,572
485,239
694,309
694,309
693,839
639,633 $ 2,433,304 $ 3,072,938 $ 2,338,249

44 • Summary of Revenue & Carryover by Source

-

$

Fiscal Year 2008
Budget
Total

-

$

-

1,484

1,484

1,484

6,731

6,731

6,400

-

6,400

6,400

6,731

-

836

836

836

-

68

68

3,795

-

2,946

2,946

2,946

208
208
1,554
1,554
403,809
403,809
591,361
591,361
509,425 $ 2,442,198 $ 2,862,927 $

325
1,554
407,772
596,437
2,477,965

$

-

-

-

6,400

6,400

6,400

157
157
856
856
392,059
392,059
629,551
629,551
403,652 $ 2,427,457 $ 2,831,109 $

157
856
392,059
629,551
2,587,989

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

(Amounts in thousands)
Revenue Source
63 Balance from previous page
64 Investment Income
65
Prop A Interest
66
Prop C Interest
67
TDA Interest
68
STA Interest
69
General Fund - Interest Revenue
70
Sales Leaseback
71
Right of way lease revenues
72
SAFE - Interest Revenue
73
FAU Cash Interest
74
Interest Earned on Debt Service Funds
75
Interest revenues Transit Operations
76
Interest Earned on Capital Projects

Carryover
$

Fiscal Year 2006
Actual
Total

Spent

639,633 $ 2,433,304 $ 3,072,938 $ 2,338,249

Carryover
$

Fiscal Year 2007
Budget
Total

509,425 $ 2,442,198 $ 2,951,623 $

Programmed
2,477,965

Carryover
$

Fiscal Year 2008
Budget
Total

Programmed

403,652 $ 2,427,457 $ 2,831,109 $

2,587,989

(2,868)
(9,942)
1,806
-

4,760
11,513
5,644
2,188
2,198
2,135
2,575
1,245
360
10,169
(577)
7,826

1,892
1,571
7,451
2,188
2,198
2,135
2,575
1,245
360
10,169
(577)
7,826

772
2,608
2,024
-

713
(1,651)
185
-

1,200
2,342
400
2,500
600
800
685
150
-

1,913
692
400
2,685
600
800
685
150
-

400
685
150
-

1,913
692
-

1,200
2,342
1,000
1,688
2,500
600
800
700
150
500
-

3,113
3,034
1,000
1,688
2,500
600
800
700
150
500
-

912
1,000
400
700
500
-

(11,004)
26,881
28,982
13
28,995

50,036
12,509
7,663
494
8,158

39,032
39,390
36,645
507
37,152

5,404
4,426
5,384
4,378
9,761

(753)
37,540
32,511
529
33,040

8,677
10,325
7,000
500
7,500

7,924
47,865
39,511
1,029
40,540

1,235
10,354
20,205
500
20,705

2,604
37,511
19,306
529
19,835

11,480
11,550
7,000
500
7,500

14,085
49,061
26,306
1,029
27,335

3,512
9,680
18,967
1,029
19,996

-

2,134
422
170
184
2,129
5,039
1
-

-

-

-

-

-

22,768
(10)
39,055
61,812
6,264
1,344

24,902
411
170
184
41,184
66,851
6,265
1,344

(5,397)
581

333
(4,483)
4,378
-

30,300
185
43,911
74,395
2,543
1,446

569
20,953
21,522
-

30,300
753
64,864
95,917
2,543
1,446

3,757
468
4,225
1,121
-

17,806
286
64,864
82,956
1,422
1,446

69,420

21,241
5,282
31,562

21,241
5,282
100,982

21,241
4,941
26,076

78,384

22,983
8,073
52,577

22,983
8,073
130,961

22,984
8,073
36,404

85,824

1,500
1,513
749
217
40
20,400
24,419
240
22,853
9,078
56,589

1,500
1,513
17,806
1,035
217
40
85,264
107,375
1,422
1,446
240
22,853
9,078
142,413

2,700
469
3,169
1,422
1,446
240
22,853
9,078
38,207

-

277,382
481
3,190
17,200
298,253

277,382
481
3,190
17,200
298,253

277,382
621
3,190
17,200
298,393

-

275,880
2,650
16,225
294,755

275,880
2,650
16,225
294,755

275,880
2,650
16,225
294,755

-

286,603
2,915
15,200
304,718

286,603
2,915
15,200
304,718

286,603
2,915
15,200
304,718

458
455
1,713
1,085
2,724
6,435
6,435
2,840,258

458
455
1,713
1,085
2,724
6,435
6,435
3,594,182

458
455
1,713
1,085
2,724
6,435
6,435
2,688,745

530
550
439
750
1,011
500
3,780
3,780
2,819,812

530
550
439
750
1,011
500
3,780
3,780
3,388,753

530
550
439
750
1,011
500
3,780
3,780
2,845,198

530
550
450
650
3,000
500
5,680
5,680
2,824,975

530
550
450
650
3,000
500
5,680
5,680
3,374,401

530
550
450
650
3,000
500
5,680
5,680
2,970,483

Fund/ISF
77 Total investment income
78 Lease and Rental
79
SAFE
80
HOV Lanes Fines
81
Total license and fines
82 Other
83
General fund revenues
84
Parking Fees - USG Building
85 Joint Development
86
Sales Leaseback
87
Employee Activities
88
Miscellaneous other
89
Surplus Property
90
Cafeteria, Vending at station
91
General fund
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
117
118
119
120
121
122
123
124
125
126
127
128

Total General Fund Revenues
FAU Cash
Ridesharing
AQMD
Benefit Assessment District
EZ Pass Program
Total other
Operating revenues:
Fare Box Revenues - Passenger fares
Route subsidies - Hollywood shuttle
Metrolink
Advertising
Total operating revenues
Non-operating revenues
Other:
Bus Parts/Scrap Sales
Filming Fees
County Buy down
Rental - Bldg/Other
Proceeds from Sales of Surplus Property
Miscellaneous
Total other
Total non-operating revenue
Total Revenues
Other financing Sources
Proceeds from financing
Proposition A Rail Bonds/CP
Proposition A Disc Bonds/CP
Proposition Commuter Rail Bond/CP
Proposition C Discretionary Bonds/CP
Proposition C St & Hwys Bonds/CP
Bridge/FFGA Financing Bonds
General Revenue Bond
Total proceeds from financing
Proceeds from refunding bonds
Total other financing sources
Total revenues and carryovers***
$

753,925

-

9,518
9,518
9,518
5,976
5,976
5,976
285
285
285
15,779
15,779
15,779
15,779
15,779
15,779
753,925 $ 2,856,037 $ 3,609,961 $ 2,704,524

657,636

$

57,001
57,001
8,536
8,536
11,998
11,998
25,409
25,409
73,310
73,310
15,669
15,669
1,302
1,302
193,225
193,225
193,225
193,225
657,636 $ 3,013,037 $ 3,670,675 $

57,003
8,541
12,005
25,418
73,334
15,715
1,304
193,321
193,321
3,038,518

549,426

-

$

19,570
19,570
3,831
3,831
60,413
60,413
135
135
83,948
83,948
83,948
83,948
549,426 $ 2,905,092 $ 3,454,518 $

NOTE: Intergovernmental funds are on reimbursement basis; therefore, no carryover balances are assumed.
*
Includes non-cash items
** State sales tax
*** Includes non-cash items for debt $2,892,147.

Proposed FY08 Budget

Summary of Revenue & Carryover by Source • 45

-

19,570
3,831
60,413
135
83,948
83,948
3,053,731

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Public Transportation Services Corporation
In December 1996, LACMTA created the
Public Transportation Services
Corporation (PTSC), a nonprofit public
benefit corporation organized under the
laws of the state. PTSC was created in
order to transfer certain functions,
currently performed by the LACMTA, and
the employees related to those functions,
to this new corporation. The PTSC
conducts essential public transportation
activities including but not limited to the
following: (a) coordinates multi-modal
multi-jurisdictional transportation
planning, (b) programs Federal, state and
local funds for transportation projects

46 • Public Transportation Services Corporation

county-wide within Los Angeles County,
(c) oversees construction, (d) provides
certain business services to the County’s
Service Authority for Freeway
Emergencies (SAFE) and the Southern
California Regional Rail Authority
(SCRRA), (e) provides security services to
the operation of the Metro Bus and Rail
systems, and (f) provides other activities
and services as it deems necessary. One
advantage of the PTSC is that it allows the
employees of the corporation, including
those transferred from the LACMTA, to
participate in the California Public
Employees Retirement System (PERS).

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Statement Of Revenues, Expenses and Changes in Retained Earnings
For The Years Ending June 30, 2006, 2007 and 2008.
(Amounts in millions)

PTSC Only
1 Revenue:
2
Reimbursement for support services
3 Total revenue
4
5 Operating expenses:
6
Salaries, wages & fringe
7
Services, leases, taxes & misc
8 Total expenses
9
10 Increase(decrease) in retained earnings
11
12 Retained earnings - beginning of year
13
14 Retained earnings - end of year

Proposed FY08 Budget

FY06
Actual
$

$

171.7
171.7

FY07
Budget
$

177.1
177.1

FY08
Proposed
$

187.3
187.3

171.5
0.3
171.7

176.9
0.3
177.1

187.0
0.3
187.3

-

-

-

-

-

-

-

$

-

$

-

Public Transportation Services Corporation • 47

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Agency Fund
The Agency Fund is used to report Benefit
Assessment financial activity.
A Benefit Assessment is a fee used to pay
part or all of the cost of capital
improvements enhancing the value of
property receiving service from, or located
near and benefiting from, those capital
improvements. Metro’s Benefit
Assessment is a levy on properties within
one-half mile of downtown Metro Heavy
Rail stations and one-third mile of the
Westlake/ MacArthur Park Station.
Metro’s Benefit Assessment Districts
(BAD) A1 and A2 were created pursuant to
a resolution adopted by the former
Southern California Rapid Transit
District’s Board of Directors on July 11,
1985 to pay for a portion of the
construction costs of the Metro Heavy Rail
Segment 1 stations. BAD A1 includes the

48 • Agency Fund

downtown area of Los Angeles. The
boundary is set at one-half mile from the
centers of the Metro Heavy Rail stations at
Union, Civic Center, Pershing Square, and
7th Street Metro Center. BAD A2 includes
the MacArthur Park area. The boundary is
set at one-third mile from the center of the
Westlake/MacArthur Park Station.
The purpose of the BAD Program is
threefold: (1) to ensure that assessments
are levied at a rate high enough to repay
the A1 and A2 Assessment Districts’
bonded indebtedness and administrative
costs, (2) to implement the property owner
appeals process, and (3) to maintain a
current inventory of assessable properties.
The A1 and A2 Districts’ bonds do not
constitute an indebtedness of the Metro
and are payable solely from payments
received on assessments against the levied
properties.

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Statement of Revenues, Expenditures and Changes in Fund Balances
For the Years Ending June 30, 2006, 2007 and 2008

Benefit Assessment District

(Amounts in millions)

FY06
Actuals

Agency Fund
1

Revenue:

2

Other

3

$

Total revenues

FY07
Budget

FY08
Proposed

23.5 $

23.0 $

22.9

23.5

23.0

22.9

23.2

22.6

22.6

0.2

0.4

0.3

23.5

23.0

22.9

-

-

-

-

-

-

4
5

Expenditures:

6

Debt and interest expenditures

7

General and administrative

8

Total expenditures

9
10

Net change in fund balances

11
12

Fund balances - beginning of year

13
14

Fund balances - end of year

Proposed FY08 Budget

$

-

$

-

$

-

Agency Fund • 49

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Service Authority for Freeway Emergencies
The Los Angeles County Service Authority
for Freeway Emergencies (SAFE) was
established in Los Angeles County in
1988. SAFE is a separate legal authority
created under state law and is responsible
for providing motorist aid services in Los
Angeles County. SAFE currently operates,
manages and/or funds:



The Los Angeles County Kenneth
Hahn Call Box System
#399 – Mobile Call Box program
Metro Freeway Service Patrol (FSP)
Big Rig Demonstration Project
The expansion of the Metro Freeway
Service Patrol.

In FY08, SAFE will continue the operation
and management of the call box system
and the #399 program. SAFE will also
continue its funding of the Metro FSP Big
Rig Demonstration Project and the
expansion of the Metro FSP program.
SAFE also plans on completing an
evaluation of the entire call box system
and obtaining authorization to proceed
with implementing the recommendations

50 • Service Authority for Freeway Emergencies

regarding the placement and number of
call boxes throughout the County.
Another item on SAFE’s agenda for FY08
is the implementation of a new Motorist
Aid and Traveler Information System
(MATIS). This new system will
consolidate all call center operations,
provide Metro FSP fleet monitoring
services and provide comprehensive
traveler information services via the web
and phone (511). SAFE plans on having a
contract awarded during the first quarter
of FY08 and will begin the operation of
MATIS during the third quarter of FY08.
Additionally, SAFE is in the process of
updating all the analog call boxes to digital
in accordance with the discontinuance of
the availability of any analog signals
beginning in 2008.
SAFE receives its funding from a
dedicated $1 surcharge assessed on each
vehicle registered within Los Angeles
County. SAFE’s annual budget is
developed and approved separately from
Metro’s budget by the SAFE Board of
Directors.

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

(Amounts in millions)
FY06
Actual

Service Authority for Freeway Emergencies
1

FY07
Budget

FY08
Proposed

Revenue:

2

Investment income

3
4

$

1.2 $

0.7 $

0.7

Licenses and fines

7.7

7.0

7.0

Other

0.0

-

-

8.9

7.7

7.7

5

Total revenues

6

Expenditures:

7

Services

2.3

15.7

15.0

8

General and administrative

1.8

2.2

1.6

4.1

17.9

16.7

4.9

(10.2)

(9.0)

9

Total expenditures

10

Excess (deficiency) of revenue over

11
12

expense before transfers
Other Financing Sources (Uses)

13

Operating Transfers in

-

-

14

Operating Transfer (out)

(1.3)

(3.0)

(3.0)

15

Total other financing and sources (uses)

(1.3)

(3.0)

(3.0)

16

Fund balances - beginning of year

29.0

32.5

19.3

17

Fund balances - end of year

32.5 $

19.3 $

Proposed FY08 Budget

$

7.3

Service Authority for Freeway Emergencies • 51

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Exposition Metro Line Construction Authority
The Exposition Metro Line Construction
Authority was created by the State
Legislature under Public Utilities Code
Section 132600, et seq. for the purpose of
awarding and overseeing final design and
construction contracts for completion of
the Los Angeles-Exposition Metro Line
light rail project from the Metro Rail
Station at 7th Street and Flower Street in
the City of Los Angeles to the downtown
of the City of Santa Monica.

are appointed as follows: 1) two members
appointed by the City Councils of the
Cities of Santa Monica and Culver City,
2) two members appointed by the Los
Angeles County Board of Supervisors,
3) one member appointed by Metro, and
4) two members appointed by the City
Council of the City of Los Angeles. The
CEO of Metro also serves as an ex officio,
non-voting member.

The Authority is governed by a board
consisting of seven voting members, who

52 • Exposition Metro Line Construction Authority

Proposed FY08 Budget

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

Statement of Revenues, Expenditures and Changes in Fund Balances
For The Years Ending June 30, 2006, 2007, and 2008.
(Amounts in millions)
FY06
Actual

Exposition Metro Line Construction Authority
1

FY08
Proposed

Revenue:
Reimbursement from Metro

2
3

FY07
Budget

$

Total revenue

20.2

$

121.1

$

173.9

20.2

121.1

173.9

3.7

6.6

7.2

4
5

Expenditures:

6

Expo & Metro Staff & Administration

7

Professional Services & Consultants

3.9

14.7

15.6

8

Real Estate Acquisition

1.7

20.3

18.3

9

Utility Relocation

10

Design/Build Contract

11

$

-

2.4

3.6

10.8

77.0

129.2

20.2

121.1

173.9

Increase(decrease) in retained earnings

-

-

-

Retained earnings - beginning of year

-

-

-

Total expenditures*

12
13
14
15
16
17

Retained earnings - end of year
*

$

-

$

-

$

-

FY08 Proposed: Phase I is $167.6 million and Phase II is $6.3 million.

Proposed FY08 Budget

Exposition Metro Line Construction Authority • 53

Los Angeles County Metropolitan Transportation Authority
Proposed FY08 Budget

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54 • Exposition Metro Line Construction Authority

Proposed FY08 Budget