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

2014/15 BudgetNevada County Department of Public Works

Transit Services Division

March 2014

Transit Services….Rolling Forward on a Positive Path

Initial Service Assumptions FY 2014-15

• 14.0 full time employees (FTE)

• 11,600 temporary driver hours• Continued fixed route and paratransit Saturday

service • Extension of service hours until 8:00 p.m. Monday-

Friday• Minimal GCS route efficiency adjustments (no service

reductions)

FY 2014-15 Revenue

Revenue Assumptions• $2,479,140 in operational revenue representing:

►100 % of FY 2014/15 Local Transportation Fund (LTF) revenue ($1,680,836)available to the

County and the Cities of Grass Valley and Nevada City dedicated to Transit .► $ 85,000 (estimated) in Article 4.5 Consolidated Transportation Service (CTS) funds dedicated to use in supporting mandated paratransit services.► $308,978 in reserve revenues directed to service

hour expansion and operations expenses.• $800,000 in State Prop 1B funds for approved capital

projects.

Revenue Assumptions (cont’d)• $232,140 in Section 5316 JARC funding for support of

Saturday service.• $294,000 of combined transit and paratransit fare

revenue (does not include any proposed fare increase.)

• $350,000 in Federal Transit Assistance Section 5311 operational funding.

• $68,000 from the renewal of the Placer County Route 5 agreement.

• $34,304 in combined revenue from interest, miscellaneous charges and transfers.

Operations Revenue Trends

FY 2014-15 Expenses

FY 2014-15 Expenses Assumptions

• $143,340 increase in Class 1 expenses reflecting salary and benefits (one additional FTE, increased Temp hours, three FTE step increases) and health/employment insurance costs.

• $10,618 increase in maintenance costs as a result of anticipated fuel usage and price increases.

• Up to a $120,000 increase in projected Paratransit services cost due to service hours increase and rate adjustment.

Expenses Assumptions (cont’d)

• $130,849 increase in CDA overhead due to the transfer of the Accounting Tech position from Transit to CDA and increased fiscal and administration expenses.

• $2,450 decrease in Department of Public Works administration expense.

• $40,455 increase in the cost allocation plan A87 expense reflecting undercharges in FY2012/13 Transit budget, increased use of other County departments and an overall larger Transit budget.

Operations Expenses Trends

Capital Projects Expense FY 14/15

• Prop 1B-PTMISEA Bus Stop Improvements $250,000• Prop 1B – PTMISEA Vehicle Replacement $300,000• Prop 1B PTMISEA– Transit Technology $250,000 TOTAL $ 800,000

Transit Revenue Reserves

.• The remaining revenue reserve balance will be available

for service expansion with

• The TSC approved establishment of an ongoing reserve of $1,125,000 that includes operational, vehicle replacement and cash flow revenue.

• Revenue reserve balance is also available for service expansion.

Projections FY 13/14(Budget)

FY 14/15 FY 15/16 FY 16/17 FY17/18

End of Year Reserve $3,271,789 $2,997,988 $2,652,690 $2,196,461 $1,666,716

Recommended Reserve

$1,125,000 $1,125,000 $1,125,000 $1,125,000 $1,125,000

Available for Service Expansion

$2,146,789 $1,872,988 $1,527,690 $1,071,461 $541,716

QUESTIONS ????