ALAMEDA - CONTRA COSTA TRANSIT DISTRICT ... - AC Transit

GM Memo 05-103Attachment 2

ALAMEDA - CONTRA COSTATRANSIT DISTRICT

Summary Comparative Financial StatementsYTD February 28,2005

District:

o2t28tos u2n9to4Operating revenues $35,741,050 537,236,941Subsidies 129.600.404 731.229.360Total operating revenues and subsidies $165,341,454 $16S,466p0i

Less, operating expeuses 165.30j.326 166.007 393

Surplus (deficit) before depreciation andcapital contributions $8,128 $2,45E,8I8

Depreciation e1,375,174) (17,024,248)Capital conributions 2-040-907 19.979.732

Increase (Decrease) in District Equity ($19,299,139) 54,314,302

NOTES:1) As ofthe eight months ended February 28, 2005, surplus before depreciation is

$38,128. Toal operating revenues and subsidies are apgoximxely 2.5% trelowbudgeted amounts; Total operating expenses are less thatr budget byapproxinately 0.5%.

2) As per the attached schedule, year+o-date District firnded capital expendituresis $182.817.

MONTHLY FINANCIAL STATUS REPORT AS OF FEBRUARY 28, 2OO5Districfs Operation Program

Finance Committee Date: April 20, 2005

74

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A!-AMEDA.CONTRA COSTA TRANSIT DISTRTCTFINANCIAL STATEMENTS

FOR. THE EIGHT MONTHS ENDED

FEBRUAR.Y 28, 2OO5

DATE ISSUED:3T,I7'05

75

ALAMEDA.CONTM COSTA TRANSIT D]STRICT

FINANCIAL STATEMENTS

TABLE OF CONTENTS

Summary of Cash and Investments.

Balance Sheet - Asseb

Balance Sheet - Liabilities and Capital

Revenue & Expenses - District Total (year-To-Date)

Statement of Cash Flows

Revenue & Expenses - District Total (Month)

Comparison of Revenue & Expenses, Year-To-Daie20OS vs.20M.

PAGE NO.

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6

76

ALAMEDA.CONTM COSTA TRANSIT DISTRICTSUMMARY OF CASH AND INVESTMENTS

FEBRUARY 28. 2OO5

BALANCE

2005

CHANGESr,UF(IN9

MONTH

PAGE 1

BALANCErtrtrttuArlT

2005A.C. TRANSiT

Cash - In Bank and on Hand

Bank of CA - Money Market

Bank of America - Money Market

Repurchase Agreements

Guaranteed Inv. Certif cates (GlC)

U.S. Treasury Bills -Less than 90 Days

Cash & Cash Equivalenis

U.S. Treasury Bills-Greabr Than 90 Days

Total Cash & Investments

$1,610,314 $7,753,709 $9,364,C23

0

3,551

12,550,000

0

54,090,475

0

2,450,000

0

234,351

0

0.

2 EE2

- 15,000,000

0

54,324,826

0

0

2

77

PAGE 2

ALAMEDA.CONTM COSTA TRANSI DTSTRICTBALANCE SHEET

FEBRUARY 28.2OO5

ASSETS

Cunent Assets:

Cash and Cash Equivaientslnvestments

Receivables

Federal and State Capital GrantsFederal Operating AssistanceSbte and Local Operating AssistanceOther Receivables (Net of Reserve)Due from(to) Pension

Materials and Supplies

Prepaid Expenses

Total Cunent Assets

Unamortized Discount on Certifl catesof Participation

Defened Compensation

Properiy, Plant and Equipment at Cost:

LandBuildings, Strucfu res and lmprovementsRevenue EquipmentShop, ffice, Service and Other EquipmentAcquisitions in Progress

Tobl Before Accumulated DeDreciation

Less: Accumulated Depreciation

Total Properly, Plant and Equipment

Total Assets

$54,324,8260

14,4U,779' -150,933

15,172,8704,562,792

142,854

9,543,217

331,971

98,674,242

1,531,498

0

11,402,646121,806,780222,977,&398,939,21941,438,742

496,564,8:]0

247,186,592

249,378,238

_____$!{9893€Zg_

o

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PAGE 3ALAMEDA.CONTM COSTA TMNSIT DISTRICT

BALANCE SHEETFEBRUARY 28. 2OO5

LIABILITIES AND NET ASSETS

Cunent Liabiliiies:

Accounis PayabieSalaries, Wages , Vacaiions & Sick LeaveBook OverdraftInterest PayableOther UabilitiesNotes Payable - RansNotes Payable - Cops - S/T PortionOther Loans/Advances - S/T.PortionDefened Revenue

Selfjnsurance Reserve6 :Public Liability and Property DamageWorkers' Compensation

Total Cunent Liabilities

Long Term Liabiiities:Defened CompensationAccrued Vacation and Sick LeaveClaims LiabilitiesNotes Payable - UT PortionOther Long Term Loans/AdvancesDue to/(from) Financing Corp.

Total Long Term Liabilities

Totral Liabilities

NET ASSETS

Invested in capital assets, net of related debtRestrictedUnrestricted

TOTAL NET ASSETS

$6,830,157$13,6S3,956$2,700,292

$869,282$5,552,441

$40,000,000$1,140,000

$0$5,533,212

$0$1,280,208

$24,056,763

't01,656,31't

08,770,460

13,125,00017,231,806

00

39,127,266

140,783,577

231,489,7852,013,194

(24,702,5781

$208,800,401

79

@= lcrttt

Q. Bttqprfu

REVENUES:FaleboxBart TransfersContracl S6wic€sAdvertisingInter€st IncorneOther Inoome

OPERANNG REVENUES

SUBSIDIES:Property TaxesSupplementary Servicen elfare to Workla1107Transit Development ActFedl Assisl- ADA Sel Aside/PlanningFed Assist-Bus DefJPrev. Mainlly'H

EXPENSES $165,303,326Surplus (Deticit) bebre Depr & Cap Contrib------55EJ26'

ALAMEDA4ONTM COSTA TMNSIT DISTRICTCOMPARISON OF ACTUAL REVENUE AND EXPENSE WITH BUDGET

FOR THE EIGHT MONT1IS ENDED FEBRUARY 28. 2OO5DISTRIST TOTAL

603,693 700,000 882,1%1,933,(N8 6,345,000 30.4Pi

35,741,050 58,502,0m 61.09%

CDaa@

YEAR.TGDATE

$29,061,0642,6s5,287

01,487,958

34,795,5081,575,000

18,500,00029,2U,8392,662,681

r7,854J364,566,667

13,670,695848,230

2,650,U2

$41,500,000 65.310/64,892,000 '4W"

O N/Ae065,000 72;06%

PAGE 4

% OF YTD 66.56%

Y'D %OF BUDGETFXPENDED

FY04-OsBUDGET

53,780,0005,225,AN

29,000,00047,018,0003,983,000

19,458,000?,000,000

20,651,0001,551,0005,581,000

25-7,414,000

Measure'AAnMeasure 'B'Measure'C'State Transit Assistance

64.70%30.'t4%63.79%62.31%66.85P/691.76%66.6"r%6.Nh54.69%482?A

ADA Paratransfi Service/ConsorlumSUBSIDIES

REVENUE 8 SUBSIDIES

EXPENSES:Operator WsgesOther WagesFringe BeaefitsPengion ExpenseSewicesFuel & LubricantsTires & TubesOmce/Printing SuppliesBus Parts/Mainl SuppliesUtilruesInsulanceTaxesLsases & RerhlsOther ExpensesPurchased Transportation ServicePurshased Transp - ADA CorisortiumInterest Expense

DeDreciationCaDitEl Conbihiionshcrease(Decrease) in District EquityDistrict Equity - Beginning of YearDistrict Equity - End of February 2005

District CaDital

-_ . _16j34191

37,268,33329,961,9444386253212,87s,9389,983,9556,468,86€

980,088419,430

3,624,9@1,872,2492,7402291,346,928

375,472939,942z0J,vcv

11,O91,6551,156,845

56,329,90844,738,7664,783,000r9,610,00015,r 35,0009,549,0001,535,0001,148,8:rl6'231,1692,913,0805,026,000't,863,920

620,3861,269,571

163,04317,414,0001,356,000

66.r6%66�57%67.88%65.66%65.97%87.749l�trt.85%36.51%58.r7%&27%54.52%72.8/r60.5'2%74,U%

14350%6:i,69%85.3t%

(21 ,378,174].2,W,907-l-€-,tdqfin

_-l!?&r

Fargbo( Recovgry Ratio:

Op€raling Rer/enue Ratio:

_---_lJ9Ep09_

66.m96

1e.51%

sgsS%

3.81%80

PAGE 5

ALAMEDA-CONTM COSTA TMNSIT DISTRICTSTATEMENT OF CASH FLOWS

FOR THE EIGHT MONTHS ENDED FEBRUARY 28.2005

CASH FLOWS FROM CAPITALAND RELATED FINANCING ACTIVITIES:Capital contributed by grants 19,241,216Acquisiiion and construction of capital assets (8,726,459)Principal paid on certificates of participation (1,105,000)Discount amortization on note payable (76,099)Principal paid on other loan obligaiions 0Interest paid on certificates of participation 47,20slnterest paid on other loan obligations 0

C,ASH FLO\,VS FROM OPERA.TING AGTlr.rFlES:Cash received from customersCash payments to suppliers for goods and servicesCash payments to employees for servicesOther operating revenues

Net cash used for operating activities

CASH FLOWS FROM NONCAPITAL FINANCING ACTIVITIES:Operating grants receivedProceeds from other loan obligationsInteresi paid on revenue aniicipation notesAmortization of premium on revenue anticipation notes

Net cash provided by noncapital financing activities

Net cash provided by capital and related financing activiiies

CASH FLOWS FROM INVESTING ACTIVITIES:

Sales of investment securitiesPurchases of investment securiiieslnterest and dividends on investments

Net cash used for investing activities

Net increase (decrease )in cash and cash equivalents

CASH AND CASH EQUIVALENTS AT BEGINNING OFYEAR

CASH A.ND CASH EQUI\-/ALENTS AT FEBRUAR\'28, 2OO5

$31,662,527(44,838,324'�)

(124,631,87s)__3Jl5Je3

(134,061,q7e)

136,804,020(20,000,000)

(985,366)_t0,gg,9a

156,165,654

9,380,863

0U

__603,263

OUJ,ZOJ

32,087,901

22,236,924

$*,324.82s

8 1

_- _ - AI4I4EDA"COMRA COS|A TRANSn p|sTRtficorupnasotterlcr_ult nav:ruue no o<FEr.tEE wFn guoe-

ron rxe oNe [4oHtH reenulnv ze. zoos-DISTRICT TOTAL

0,6 0F rEAR 7,67%

% OF BUDGETEXPENDED

7.ilV,6:t8%

N/A

RE\/'ENUES:FaieboxB€rl:IransfersContract ServicesAdr€rlisinglnteEst IncomeOther Income

OPEMTING REVENUES

STJBSIDIES:PrDperq TaxesSupplementary SeMceMelfare to Work481107Transit Development ActFedl Assist- ADA SEt Aside/PtanningFed Assist-Bus DefJPrev. MainLA/HMeasurE'AA'Measure 'B'

Measure 'C"

S'taie Trsosit AssisianceADA PaEtrdnsit Service/Consorlium

SUBSIDIES

REVENUE 8 SUBSIDIES

EXPENSES:Operabr WagesOlher WagesF inge BenefiGPeEion ExpenseServic€sFuel & LubrtcantsIl|es & TubesOffi ca/Printing SuppliesBus Parts/Maint. Suppliest lilitiesInsuranceTaxegLeases & RentalsOfier E)(pensesPutdrased Tr8nsportalion ServicePurchased Transportaiion - ADAlntergst Expen8e

EXPENSESSurplus (Delicit) before Deprn, & CapitalContnbulions

DeprBciationCapihl ContributionsIncreasc(Decrease) in Disfict EquityDisbist Equity - End ofJanuary 3,1, 4005

175,000 2,06s,000 8.170/683,6si 700,000 li.g5%

258J92 ____ 6,345,000 4.07%

_ _.-_4_a{9,!{q--__ 58,502,000 726%

MCNTFILY

$3,400,323

n

4,349,500162,500

2,312,5003,661,855

339"2&r2,220,208

s83,3341,977,A53

10,6,029336,368

4,615,0903,723,0715.202.6041,608,1761,r95,748

771,U2147 3€5231,878

FYo3-04BUDGET

$4t,500,0004,8S2,000

53,780,0005,225,000

29,000,00047,018,0003,983,000

19,458,0007,000,000

20,651,0001,551,0005,581,000

56329,908,14,738,75664,783,00019,610,00015,135,0009,549,m01,535,@01,148831

8.09%3.11%7.97%7,79%ASH.

11.11%8.33%9.58%6.84%6,03%

8.19%a3'fl68.03%4200h7.S0%LO8%

1221%2.n%4.74%829%655%

14.19%3.95%4.U%

a.M%6.86%

414

_ 20,713,592 2t,814,000 8.03%

544,3U 6,231.1592,9.t3,0805,026,000r,863,920

620,3861,269,571

163,04317,414,OO0

135,419 1,356,000 9,99%

_920,160,816 $249,686,664 8.07%

$552,776p,1n,04�s)1,133,770

(1,490,499)210,290,900

241,577329,398264,50624,50351,28839,365

1,194,695

Disttict Equity - End of February28, 2005 2OB.8OO.4O1

82

PAGE 7ALAMEOA4ONTRA COSTATRANSIT DISTRICT

COMPARISON OF ACTUAL REVENUE AND EXPENSEFORTHE EIGHT MONTHS ENDED FEBRUARY 28. 2OO5 AND 2OO4

DISTRICT TOTAL

REVENUES:FareboxBart TransJeEContract ServicesAdvertisinglrferest IncomeOther lncome

OPERATING REVENUES

c l tac t l . r lEc '

Property TaxesSupplementary Service/Welfare to WorkAB1l07TEnsit Development ActFedl Assist- ADA Set Aside/PlanningFed Assist-Bus Def./Prev. Maint.A/HMeasurB'M"Measufe 'B'

Measurc'g'Slaie Transit AssistanceADA Paratransit SeNicdconslrtium

SUBSIDIES

REVENUE & SUBSIDIES

EXPENSES:Operalor WagesOther WagesFringe BenefitsPension ExpenseServicesFuel & LubdcanETires & TubesOffi ce/Printing SuppliesBus Parts,/Mainl SuppliesUtilitieslnsu|:tnceTaxesLeases & RentalsOther ExpensesPurchased Transporlation ServicePurchased Transportation - ADAlnterest Expense

EXPENSESSurplus(Deficlt)before Depm. & C8pitslContributions

DepreciationCapiiral Conidbuiions

Ind€ase(Decrease) in District Equity

0 81,634 (81,634)

INCREASE PERCENTAGE2f2AO5 2T8M OECREASEI CHANGE

$29,061,0M S28,887,,t03 $173.661 0.60%2,655,287 3,146,733 (491,446)

1387,958 1,419,146 68,812 4.85%358,897 146.61%603.693 244.7

1,933,048 3,4t,129 (1,524,081) .44.09%

______9il4j,0s0 3i,r35,&41 (1,

34,795,5081,5./5,000

18,500,00029.294,8392,662,681

17,854,7364,666,667

13,670,695848,230

2,690,942

37268,33329,961,9i14.13,962,53312,875,9389,983,95s6,468,866

980,088419,430

3,624,9601,81?.2492,740,291,346,928

939,942233,959

1,156,846

s33,744,57'l3,214,327

1S,166,66730,502,264

1,908,71618,099,519

46"/566913,446,7051,0(N,0002574,21s

$39,904,13930398,38:|44,625,982.t1:56,5699,2n,5255,046,762

9 t 6,354416,831

4,649,7762,153,0022,678,3001,478.201

423,998474,828186,735

11,219,69479S,904

'|,050,937(1,639,327)

(666,667)(1,207,4251

753,965(244J83)

(e,002)223,990(rs5,770)116,727

(2,635,806)(536139)(653,449)

1,619,36S706,03{)

1,AU,'l0463,7342,599

(1,024,816)(280J53)

61,929('t31,2731

(/l8,s26)465,'�|1447,224

(128,039)356,942

-15.621o-100.00%

3.11%-51.00%4.44%-3.96%39.50%-1.350h-0.11.67%

n5.51%4.5304

6.61%n.76%-1-49%14.3gyo7.61%

28tA%6.96%0-62%

-u.uolon3.o4%

2.31%i.88%

-11/4%s7.95%

.29%-1.'t4%44.62%

165,341,45t_ 168,466,201 (3,124,747) -1.85%

$165,303,326 $166,007,383 004,05/) {.

$38,'t28(21 ,378,174)

$2,458,818{17,024:48)

(2,420,690)(4,353,S26)

-98.45%A.J t ' ln

2,Oi0,907 i8,679,732 (i6,836,825) 49.is%

($19,299.139) $4,314,302 ($23.613.441) -547.33%

83

Summary Gomparative Financiat StatementsYTD February 28,2005

Paratransit:

t2n8ns u2ngtuOpe'atiog revenues 52,777,062 $2,646,420Subsidies 0 0Total operating revenues and subsidies $2,777,062 52,646,420

Less, operathg e|q€nses 2.872-265 2.729.441

Surplus (deficit) before depreciation aadcapital contributiors ($95,203) ($83,021)

Depreciation 0 0Capital contributions 0

Increase @erease) in Paratransit Equity ($95203) ($83,021)

NOTES:l) At February 28, 2005, total revenues are 0.3% above budget aod toal expeces

are nearly 1% under budget.

2) Contract bus services repres€nt the sole source ofParatransit revenues.

MONTHLY FINANCI,AL STATUS REPORT AS OF FEBRUARY 28, 2OO5Paratmnsit

Finance Committee Dab: April 20,2005

Gil illemo 05-103Attachment 2

ALAMEDA - CONTRA COSTATRANSIT DISTRICT

84

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PA.RATRANSIT SERVICESFINANCIAL STATEMENTS

FOR THE EIGFIT I/IONTHS ENDED

FEBRUARY 28, 2OO5

DATE

6 )

ALAMEDA.CONTRA COSTA TRANS]T DTSTRICT(PARATRANSTTSERVTCES)

FINANCIAL STATEMENTS

TABLE OF CONTENTS

Balance She6t - Assetrs

Balance Sheet - Liabilities and Capital

Revenue & Expenses - Dishict Total (Year-To-Date)

Comparison of Revenue & Expenses, Year-to-Date2005vs.2004 . -

Revenue & Expenses - Dishict Totat (Month) .

PAGE NO.

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4

86

Curent Assets:

Cash and Cash EquivalentsInvestments

Receivables

Federal and State Capital GrantsFederal Operating AssistanceDue (to/from A/C TransitOther Receivables (Net of Reserve)

Materials and Supplies

Prepaid Expenses

Total Curenl Assets

Unamortized Discount on Certificatesof Pariicipaiion

Deferred Compensation

Property, Plant and Equipment at Cost:

LandBuildings, Structures andRevenue EqtiipmentShop, ffice, Service andAcquisitions in Progress

PARATMNSIT SERVICESBALANCE SHEET

FEBRUARY 28.2005

ASSETS

PAGE 1

0, 0

2,11ts,942577,1ffi

0

0

2.694.078

$00

lmprovements

Other Equipment

00n00

Total Before Accumulated Depreciation

Less: Accumulated Depreciation

Total Property, Plant and Equipment

Total Assets

0

0

$2.694,078:

87

PARATRANSIT SERVTCESBALANCE SHEET

FEBRUARY 28. 2OO5

LIABILITIES

Curent Liabilities:

Accounts PayableSalaries, Wages , Vacations & Sick LeaveBook OverdrafiOther LiabilitiesDue to{ftom) AC TransitNotes Payable - RansNotes Payable - Cops - S/T PoriionCapital Lease Obligation - S/T PortionDefened Revenue

Self-lnsurance Reseryes:Public Liability and Property DamageWorkers' Compensation

Total Cuneni Liabiliiies

Long Term Liabilities:Defened CompensationEarly RetirementAccrued Unfunded Pension CostsNotes Payable - UT PortionCapital Lease Obligaiion - UTDue to/(from) Financing Corp.

Total Long Term Liabiiities

Total Liabilities

Distict Equity:DesignatedNon-designated

S ub-TotalContriblrted Capital:Federal GrantsState GrantsLocal Transportation Funds

Total Capital

Total Liabilities and Capital

CAPITAL

PAGE 2

$61798,077

0n

00000

722,3U339,315

1,160,343

1,160,343

1 FA? 7?E

$2,694.078

000000

U

00

88

%OFYTD 66.58%

REVENUES:FarcboxContract Bus ServiceBart TrdnsfersAdvertisingInteresl lncomeOther Income

OPEMTING REVENUES

SUBSIDIES:Property TaxesSupplementary ServiceA81107Transit Development ActFederal AssistanceMeasure 'B'

Measure "C'

Shte Transit AssistanceADA Paratransit Service

SUBSIDIES

REVENUE & SUBSIDIES

EXPENSES:Operator WagesOther WagesFringe BenefitsPension ExpenseServicesFuel & LsbricantsTires & TubesOftce,/PriDting S!ppl jesBus Parts/Maint. SuppliesUUlitiesnsutanceTaxesLeases & RentalsOther ExpensesPurchased Transportalon SaryicePurchased Transponation . ADAlnterest ExpenseDeprecialion

EXPENSES

1,711 ,469641,910

1,366,99676,146

J.OOi

23.t,3963 ,114/ro.tu

52,604

255,645'ltF

oiUn00

_*__ 0

YEAR.TO.DATE EI IN/ :ET

$04,147 ,696

0U

00

YTD %OF BUDGETEXPENDED

N/A66.95%N/AMAI'l/AT.I/A

s02,777,A62

0

00

000u

u0U

0

ou000

U0

.N/AN/AN/AN/AN/AN/AN/AN/AN/A

N/A

1,136,032419,568865,49854,4141,534

IAA E2A

5,03646,278

010? q?e

180

(143)0

0

66.38%65.36%63.31%71.46o/039.69%65.06%0.00%

66.000/o87.97YoN/A

75.630/o140.63%

N/AN/AIyAlrl/AN/AN/A

C ,r*rrrr(orr,",r,District Equity - Beginning ofYear

{$95,203)

1,628,938

District Equity - End of February 28, 2005 91.533,735 89

PARATRANSrI SERVICESCOMPARISON OF ACruAL RFVENUE AND o@ENSE

FOR THE EIGHT MON'HS ENDED FEBRUARY 28. 2OO5 AND 2OO4DISlRICT TOTAL

PAGE 4

PERCEITAGECHANGE228frs ?mM

REVENI,JES:FarEboxCd rast Bus ServiceBelt TransbrsAdvedisingInterest IncomeOther Income

OPERATING REVENUES

SUBSIDIES:Prop€rty Tax€sSuFFlerRentary ServiceABlt07TEnsit Dovelopmenl ActFederal AssistanceMeasurc'B'Measure "C"

State Transit AssistanceADA Paratransit Service

SUBSIDIES

REVENUE & SUBSIDIES

EXEENSStOperator WagesOther WsgesFdnge BonefitsPension ExpenseSgrvicesFuel & LubricsntsTires & TubesOfi c€r'Printing SuppliesBus Parts/Mainl SuppliesUtlitiesInsuranceTaxesL€ases & RentialsOther ExpenEesPurcfi ased Transportaton ServicePurcfiasBd Transpoftalion - ADAInlgrest ExpenseDepr€ciation

EXPENSES

SURPLUS(DEFtCTT)

$02,m,062

00u0 0

INCREASE(oECRETASE\

$0130,U2

0000

N/A4.940/c

MANAN/AN/A

1,136,032419,568865,498v,414

1,534

9.U.tb46,278

1800

(143)

o

0

8.140/o9.81%4.21%-r449%-34.A%5j�21%

wA-za%50.69%

it/A0.00%

a45s%-100.0P/6a.28DA

N/AMAN/AMA

90

.$02,6d6420

000

N/AN/AN/AN'AN/AN/AN/AN/AN'A

MA

0U

000

s.0

00

0nn00n

0

00

0000s.0

I,tx4,253382,095903,55063,9t42,:]it3

9?,5955,7825,154

30,7100

193.33327563

(r16)n000

_ 2,n7,o62 2,646,420 13O,A2 4.94%

91,27937,473

(38,052)(9,520)

(7es)5e9.|(l(5,762)

(118)t5,568

00

(e5)(oo,@,

n

__-w226_s_ s2,78,441 142,824 5.A%

695,203) t$83.021 ) (12.1@\ 14.67%

PARATRANSTT SERVICES

FOR THE ONE MONTH ENDED FEBRUARY 28, 2OO5DISTRICT TOTAL

% OF YEAR

PAGF q

7.67%

% OF BUDGETEXPENDED

N/A7.95%

N/AN/AN./AN/A

EEVENIES,FareboxConbact Bus ServiceBari TransfersAdverlisinglntelesl lncomeOther Income

OPEMTING REVENUES

SUBSIDIES:Properly TaxesSupplemenbry ServiceAB1l07Transit Development ActFederal AssisianceMeasure 'B"

Measure 'C'

Slate Transil AssistanceADA Parat"ansit Setvice

SUBSIDIES

REVENUE & SUBSIDIES

EXPENSES:Operator WagesCltherWagesFringe BenefitsPension ExpenseServicesFuel & LubricantsTies & TubesOff cerPrinting SuppliesBus Pans/Mainl SuppliesUullieslnsuranceTaxesLeases & RentalsOther ExpensesPurdrased Transportalion ServicePurchased Transponaton - ADAInterest ExpenseDepreciation

EXPENSES

SURPLUS(DEFTCTT)

District Equity - End ofJanuary 31, 2005Disbict Equity - End oi February 28, 2005

329.545 4,147,696

MONTHLY

329,545n0

ElU!l!:E-!-

4,147,69600

7.95%

132,14845,666

I,r45

195n(1,500)

2355,276

024,165

7:t*h7.110/r9.50%

10.70%0.0P/68.,16%

4A.17%3.08%

Uu

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329,545 4,147,696 7.951o

1J11,469641,910

1,366,99676,1463,865

231,3963,1147,630

52,6040

255,645128

0 0 l,uA

$363,228 $4,3s0,968 8.35%

Summary Gomparative Financial StatementsYTD February 28,2005

Financing Corporation:

urt2Et05 02D9tM@ingrevenue:

lrase revenue fiom AC Trarsit $470,004 $494,232

Operding expeoses:Aoortization of COPS issuance costs 24.017 24.018

Operating income $445,987 54702t4

Non-operating revenues (expenses):Inv€stsnent income 5E,El0 88,916InterestonCOPS (506.079) €3S,292)

Increase (Decrease) in Net Assets ($ltE2) $2E,338

NOTES:l) The decrease in op€rating r€venue atd intcfest ory€Dse results primarily

from the amortized payment schedule ihat decreases over time.

2) Variance in inveshent income refl€cts the changp in marlcet yield rates.

MONTHLY FINANC|AL STATUS REPORT AS OF FEBRUARY 28, 2005Financing Corporation

Finance Gommittee Date: April 20,2005

Gf,l ffemo 0t5-103Attachment 2

ALAMEDA - CONTRA COSTATRANSIT DISTRICT

92

o

o

Alameda ContraCosta Transit District

Financing Corporation

Financial StatementsFor the Eight Months Ending

Februant 28.2005

ECE[T_Et6AR 22 t005

v5

ALAMEDA CONTRA COSTA TRA'NSIT DISTRICTFtNANctNG CORPORAflON (COPS)

STATEMENT OF NET ASSETS AVATLABLE TO CERTIFICATE HOLDERSAt February 28, 2005

As ofFebruarv 28. 2005

Assets:

Cash, unrestrictedInvestments, unrestrictedNote'R€cdivable ACTD- Current poitioiiInteres.t Receivabla.AoTDhtercompany-ACTD

Total Current Assets

Cash & Invesfnents, restricted for debt service

Note Receivable, ACTD-Long lerm portionUnamortized Intercompany defenalNote Receivable, net

Unamortized lssuance Costs

Total Assets

Liabilities:

Accounts PayableInterest PayableCertificates of Pafticipalion-annent portion

Total Cunent Liabilities

Funds Held for ACTDCertafi cates of Participation-Long term portionUnamortized defened amount from refundino

Total Liabilities

Net assets available for oertificate holders

$ 21.436.813

69,282

1,209,282

2,013,19419,245,000

(506,400)

$ (524,263)

PAGE 1

94

2,013,194

19,245,000(1,s31,498)17,713,502

483,353

ALAMEDA CONTRA COSTA TRANSIT DISTRICTF|NANCTNG GORPORATTON (COPS)

STATEMENT OF CHANGES IN NET ASSETS

One MonthEnding February 28

Additions to net assets attributed to:

Interest From ACTD to Fin CorpAmortization on Defenallnvestnent lncome

Total Additions

Deductions from net assets attribuied to:

lnterest to Cedmcate HoldersInterest Expense: amortization of net gain from defeasenceAmortization of COPS issuance costs

Total Deductions

Net increase (decrease)

Net assets available for Gertificate Holders:Beginning of period

Net assets available for Certificaie Holders:End of period

69,2829,512

15,930

69,282a 1 ^ E

3,002

75,429

PAGE 2

ALAMEDA CONTRA COSTA TRANSIT DISTRICTFTNANC|NG CORPORATTON (COPS)

STATEMENT OF CHANGES IN NETASSETSFor the Eight Months Ended February 28, 2005

Additions to net assets attributed to:

Interest From ACTD to Fin CorpAmortization on DefenalInvestment Income

Totat Additions

Deductions ftom net assets attributed to:

Total Deductions

Net increase (decrease)

Net assets available for Certificate Holders:Beginning of period

Nei assets available for Certificate Holders:End of Deriod

lnterest to Certificate Holders $ SSZ.01Slnterest Expense: amortization of net gain from deteasence 25,161Amortization of COPS issuance costs 24.017

Eight MonthsEnding February 28

$ 470,00476,10058,810

$ 606,196

$ (1,282)

$ (s22,s81)

$ (s24,263)

PAGE 3

96

ALAMEDA CONTRA COSTA TRANSIT DISTRICTFtNANctNG CORPOMTTON (GOPS)

REPORT TO CERTIFICATE HOLDERSFor the Eight Months Ended February Zg, ZOO'

The following is a summary of the Financing Corporation activity:

AC Transit Dishict Interest ConhibutionsAmo rtization on DeferralInvestrnent Income

Total Income

Interest Paymentrs to Transfer TrusteeInterest Expense: amortization of net gain from defuasenceAmortization of COPS lssuance Costs

Administrative Expenses

Total Expenses

Net Increase

Net Assets at Beginning of Period

Net Assets at End of Period

Eight MonthsEnding February 28

$ f70,004$ 76,100$ s8,810

-E'-------oABiZ-

$ 5s7,018s 25,161$ 24,017

s -

$ 606,196

-5=----(TE6'�a

$ (s22,s81)

$ (524,263)

PAGE 4

97

GM Memo 05-103 Attachment 3

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98

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GIrt 05-t03Attachment 4

ALAMEDA - CONTRA COSTATRANSIT DISTRIGT

FY 2OO+2005 AND FY 2005.06 ACTUAL PROJEGTED CASHFLOWSFOR THE PERIOD ENDED FEBRUARY 28, 2OO5

The following notes highlight Cash Flow statemeni activity:

e Farebox receipts for February 2005 is $3.491 million, slightly lower than themonthly average of $3.547 million required to meet projected fareboxreceipts. The farebox budget was recenfly reduced $1.1 million to $44.5million. At this time stafi expects farebox receipts to meel budget. Staff willcontinue to closely monitor this situation"

r Accounts Payable expenditures for February is $8.572 million and brings themonthly average to $7.829, within the budgeted $7.905 monthly average. Todate, the monthly average for the ftscal year of $7.829 million is $76K permonth favorable to budget.

. The pension payroll reimbursements for February continue to be higher thanprojected. Additionally, pension contributions for February are slightly lowerthan originally estimated. Projections for future months have been adjustedto these new levels. Stafi will continue to monitor these trends and makeappropriate adjustments during the second half of FY 04/05.

r Salary, wages and benefrts cash outlays for February are approximately $10Kmore than February ot last year but overall YTD totals are $1.583 millionfavorable versus the same time period of FY03/M.

MONTHLY FINANCIAL STATUS REPORT AS OF FEBRUARY 28,2OO5FY 2OO4.2OO5 AND FY 2005.06 ACTUAL PROJECTED CASHFLOWSFORTHE PERIOD ENDED FEBRUARY,2OO5

Finance Committee Date: April 2O,2OA5

a r ,$ E

o,.

GM Memo O5-103Attachment 5

ALAMEDA - CONTRA COSTATRANSIT DISTRICT

Monthly lnvestment Reportfor February 2005

The Monthly Report on Investments for February 2005 is aftactred.

The portfolio contained in the Monthly Report on Investnents for February 2005 is incompliance with lnvestment Poliry 336. As previously approved by the Board, theDistrict was permitted to bonow funds to offset temporary cash deficib that willenhance the ability to pay the oper€rting and capital obligations of the Agency duringFY O4l05. On July 8,2004, the District received $40,520,500 from the sale of RevenueAnticipation Notes.

Cunent investment eaming trends are summarized below:

Feb 2OO4Feb 2005

RepsrchaeAgreementCurtner ltttl

frcasuryBills

Portfollo

DlscountNo@

Po tolio

AgencyBond

Porttolio

3 ttthT- Bill

12 $th Aw

3 littrT - Eill

Cu|.€rt lith

O.456o/a 0.976o/0 0-953% 0.937%

1 .929o/o 2.420Vo 1 .679o/o 2.7660/o

Eamings on the Disticfs Repurchase Agreements for February (.929o/o) fell below thecurent 3 month Treasury Bill benchmark (2.7ffio/o) as rates are dependent on theFederal Funds rate. The Districfs Discount Note Portfolio is slightly below the T-Bill 3Month average due to investments made prior to the Federal Reserve meeting ofFebruary 2, 2OOS when the Federal Funds rate was increased 25 basis points to2.50o/o.

MONTHLY FINANCIAL STATUS REPORT AS OF FEBRUARY 2O(l5Monthly Investment Report for February 2005

Finance Committee Dab: April 20,2OOs

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".x,il;n-;i�8ALAMEDA - CONTRA COSTA

TRANSIT DISTRICTGraphs and Gharts

rransrer[:lf "I"f l5:f"r;.J.TJtr:?ReceiptsThe following notes highlight monthly subsidy, ticket and pass data:overall: Receipt of subsidies. has been consisrent with previous year,s activity. Thedistribution of passes' pass and t'nsfe, ,""g;,-"nil"rebox. revenue is being driven by thechange in the fare structure of september ioriC. rvio,' patrons are using the discounted31-Day passes, ress are,using tr" non<G*unea.1o-10" ticket and ress peopre arepurchasing and using the l-uselransfer. prJ;;;; fte toirowing'

Ei 'y '�vee r

' subsidies: The overar budget for the eight major subsidies the Disirict receivesincreased bv approximar,etv sb.r mirion ouJrFvgaloa n" ""i"0'i"1r,"illr suurioyReceipts graph, the amount ot suosiuesieLi'veo in the first two quarters of the fiscalyear are consistent with past years. The District finished iil;#il;ffi"r srighflyunder rast year's receipts- staff has communilteo with the ;r;;;; tu,ilft agencies;Hr1-:x""1ffiJ3:

no reason to berieve n" oi.t'ia 'iii il ';;;"-;ii'oT'ii's "u',entry

r YTD Totar Farebox Revenue:.As noted above, overart farebox revenue is genenafiyflar asainst previous vear. activitv with F;d;i srishry-Gi;w;;;rhry iq"aion..staff wiil continue ro ciosely moniior trris situailoi as the year prc,gresses.r Pass Distribution to Vendors: overail pass distribution to vendors is down over 6%against rast fiscar vear. The erimination of the discount fo; il10-;;Jlsitreting thedrop in distribution of these tickets. Additionafly,- recent drops in 31-Day passdistribution is orobabry a. resuft ot an oversupfrv-drg,"". t;;. ;-rd; vendors,however, recent distribution saw an increasJln 31-Day pG-oiJriurfio-n penapssignaling a more regular ordering cycb for venOors.' Mag Pass usage: overar! usage for the year is generafiy flat versus prior year usage.The elimination of the 10-ride-discount'nas Jri-ven patrons to the 31_Day pass, asnoted bv the increase in.31-Day p""" u""g" ano'tirei"ri "i io:rti"iiiLt u""g".However, some of the_ actuar usig'emay uJiost as more patrons nasni'te 31_Daypass instead of insert the pass in the TRi[4.. Transfers: lssues/Received:.Jh:.ggpns highlighi the transfer policy change ofseptember 03 (1 use_ only witt 1 i nbursl.

"ine number of transfers issued andreceived drasticatv fe*^falfg1aJtv, rhe peicent or trans]ers neing'iJi tris reuerea

9tr a! a1 average of 60% (77vo f;; pan tra-nsters, zox tor couiesv -"no

ezy" fo,transbay) due to the transfer on! bb varid for 1 use. rnis riis oriven L orop intransfer revenue, doarn g% from previous year.

iIIONTHLY FINANCIAL STATUS REPORT AS OF FEBRUARY 2OO5Graphs and GhartsFinance Committee Date: April 20, 20Os

' t 12

I sgo.ooo.ooo

Juo.ooo,ooo$40,000,000

Total Subsidv Receipts

nr a\e

Fiscal Quarter

Q2 Q3

Fiscal Ouarter

subsidv Receipts YTD 70 OT LUITem Year: Oo.or-lo

FY 03/04:Budget 160,200,000Receipts: 162,570,631o/o rcvd: 101.48%

FY 04105:Budget: 168,323,000Receipts: 112,870,167o/o totd. 67.06%

Vs. Prev YnBudget 8,123,000Receipts: 4,781,482

FY 03104:Budget: 50,187,000Receipts: 51,487,?72% rcvd: 10259%

FY 04/05:Budget: 53,780,000Receipts: 32,077,030o/o rotd:. 59.64%

Vs. Prev Yr:Budget: 3,593,000Receipts: 619,096

@--

Budget: 45,804,000Receipts: 44,693,637o/o rc./d: 97.58%

$30,000,000

$20,000,000

$10,000,000

$26,000,000

$21,000,000

$16,000,000

$11,000,000

$6,000,000

$1,000,000

s21,000,000

$17.000,000

$13,000,000

$9,000,000

$5,000,000

$1.000,000

TDA ReceiDts

02 Q3

Fiscal Quarter

FY 04/05:

Budget:Receipts:Yo rsrd,:

Vs. Prev Yr:

Budgei:Receipts:

47,018,00032,700,587

69.55%

1,214,000360,716

NOTE: Vs. Prev Yr: Receiots are YTD totals vs. same period of last FY'

TOTAL SUBSIDIES include Prop Tax, TDA, A81107, Measure B' BART STA, STA, Measure C, Measure AA4ft to5

Maior Revenue Sources Quarter !l$hs.xts

$14,000,000

$12,000,000

$10,000,000

$8,000,000

$6,000,000

$4,000,000

$2.000,000

$8,500,000

$7,000,000

$5,500,000

s4,000,000

$2,500,000

$1,000,000

AB 1107 Receipts

Q2 Q3

Fiscal Quafter

Q2 Q3

Fiscal Quarbr

BART STA Receipts

@-Budget: 19.317.000Receipts: 19,8'/,800Yo r6!d:

FY O4/05:Budget:Receipts:Vo tstd:

Vs. Prev Yr:Budget:Receipts:

1O2.8Oo/o

7o ot Cunent Yean 66.67%

28,400,00028,321,739

*.72o/o

29,000,0002.490,0U

77.55o/o

600,0005,766,203

?0,651,00015,495,085

75-03o/o

1,334,0003lJ2,448

4,803,0005,?9,8,422

108.86%

4,892,0002,826,298

57.77%

FY 03/04:Budget:Receipts:% ro/d:

FY 04105:B!dget:REceipts:V6 tw�d:

Vs. Pr€r, Yr:Budget:Receipts:

Budget:Receipts:% rc1d:

FY 04/05:Budget:Receipts:Vo to�,td|.

$2,100,000

$1,700.000

$1,300.000

$900,000

$500,000Q2 03

Fiscal Quarter

NOTE: Vs. Prev Yr: Receipts are YTD totals vs. same pedod of last FY.

114

Vs. Pr€v Yr:Budget: 89,000Receipts: (1,347,635)

4ntosMajor Revenue Sources Quarter g.aphs.xls

Subsidv Receiots YTD

J

..-.-r

arulJsruv t\tsuelut:i r llJ

Vs. Prev Yr:Budget: 1,248,000Receipts: (1,030,284)

3,183,0004,862,108

152.750

4,431,0002,611,874

58.95%

1,506,0q01,505,732

99.98%

1,55'1,000954,25861.s3%

45,000(175,O41)

7,000,0003,714,981

53.O7o/o

$1,700,000

$1,300,000

$900,000

$500,000

$100,000

$800,000

$600,000

$400,000

$200,000

$0

STA. Receipts

Q2 03

Fiscal Quarter

Measure C Receipts

FY 03104:Budget:Receipts:o/o tc"'td'.

FY 0/t/05:Budget:Receipts:% rcvd:

FY 03/04:Budget:Receipts:Yo rcvd:

FY 04105:BudgetReceipts:Yo rcrld:

Vs. Prev Yr:Budget:Receipts:

$4,000,000

$3,000,000

$2,000,000

$1,000,000

ELggrgSBudget 7,000,000ReceiDts: 6,613,921% rc\td:

FY 0{05:Budget:Receipts:Vo tcltd:

Vs. Prev Yt1Budget;Receipts:

.48%

n

205,979$0

NOTE: Vs. Prev Yr: Receipts are YTD totals vs. same period of last FY

4n 105Major Revenue Sources Q uarterl*5phs. fs

I

2,200,ooo

2,100,000

2,000,000

1,900,000

1,800,000't,700,000

1,600,000

2,200,000

2,000,000

1,800,000

't,600,000

'1,400,000

1,200.000'1,000,000

4,200,000

4,000,000

3,800,000

3,600,000

3,400,000

3,200,000

3,000,000

2,800,000

Farebox Cash

Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun

G/L Pass Sales Bookinqs

Total Farebox Revenue

,$\ *o9 uoQ d "tS ouo 5oo <uo {gt S *C{ S"

1 1 6

.--*<fft

_ k*AFl\lyY-F

01102: $22,939,14502!03i $22,22241103104: $23,485,426

<- FY 01/02 i{- FY 02/03' -*. - FY 03/O4

01102t $19,467,46OAOSI $15,476,61

Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun

01192: $42,436,605oa03| $37,699,02803/04: $42,291,072

FY 04/05 Proj: $42,434,140

Total Pass Distributlton to Vendors

--+- FY 02103--r- FY 03i04

Pass Distribution to Vendors

FY o4los '

4ll lo5Pass Sales Analysis.xls

Total Pass Dist.FY 02/03: 826,550FY 03i04: 887,UAFY 04/05: 829,100

o/o lnc/Dec: €.99%(vs prev yQ

3f-Dav Pass Dist.FY 02/03: 189,920FY03/04: -214,960FY 04/05: 193,100

o/o lnclDec'. -11.32Vo(vs prev yI)

1o-Ride Pass Dist,FY 02/03: 297,780FY 03/04: 237,960FY04/05: 192,280

% lnc/Dec: -23.760/o(vs prev yr)

o l!l roo,oooft

50,000

:$\ *sQ uoQ o+.rd o.o s}o ("o +... *6.g* So

40,00035,00030,00025,00a20,00015,00010,000

rtI

)s\ "s$*,"Q o+..'d o"" 1ao <.o {gt o{ {g* :so

ol

grl

100,00080,00060,00040,000

20,000

0

g\ *sQ aeF oo* gd .eo 1ao <.o dg* o-{ {g* :oo

Month

o117

-+- FY 02/03-r- FY 03/04

i *-:'- FY 04/05

-.-Fv oz03--r- FY 03/04n

LI a @

Pass Distribution to Vendors 4nto5Pass Sales Analysis.xls

Adult 3l-tlav Pass Dist.FY 02103: 71,260FY O3/(X:FY O4tO5:

% Inc;/Dec:(vs prev yr)

Youth 31oav Pass Dist.

Adult 31-Dav Pass Distribution to Vendors

16,00014,00012,000

gl 1o,ooo$l e,ooo

6,0004,0002,000

, 25,000

20,000

i gl 15,000

5l to,ooo5,000

n

7,0006.000

. 5 , 0 0 03l +,oooSl 3.ooo-'

z,ooo'I.0000

Ii:313O-23.28yo

5s\ r.o96rQ C"*Sa"" 1ao<"o*gt f.Sr{ :oo

1$*s9uoa od..otof 5o"<A=\a"t r{*e{ go

Transbav 31.Dav Pass Distribution to Vendors

FY 0203:FY 03,/04: -FY 04/05:

% lncr'Dec:(vs prev yr)

FY 02/03:FY 03/04:FY (X/05:

06 lncr'Dec:(vs prev yr)

103,280't25,&0

123,O40-2.11%

aq ?F|n

15,92010,520

-C LJJ-/o

Transbav 31-Dav Pass Dist.

\s\ "s9 uoQ od +d cfo 1ao <.o {g* $ sd So

1 1 8

4ntosPass Sales Analysis-xls

Adult 1o-Ride Pass Dist.

ol

30,00025,00020,00015,00010,0005,000

U

/ \ r.' rF t t - - , / - \ D- - .

7r -\"?--: '\-a>+-+<i*-{

)$t"+$uoQ od*rdouP 1ao<.o{g. f.+g* S"

FY 0203:FY 03/04:FY 04/05:

% lnc/Dec:(vs prev yr)

FY 02/03:FY 03/04:FY (X/05:

% lnc/Dec:(vs prev yr)

100,24080,30061,280-31.O4%

87,74080,94076,760-5.45o/o

Youth/Sr/Dis 10-Ride Pass Distribution to Vendors40,000

A/ \

i.Y-)Y),rhr

Transbav 1O-Ride Pass Distribution to Vendors

Y,S/D 1o-Ride Pass Dist.FY 02/03: ' 109,800FY 03/04: 76,720: 30,000

20,000

10,000

FY 04/05: 54.240

a

% Inc/Dec:(vs prev yr)

4145%

Transbav 1o-Ride Pass Dist.

ol

18,50015,50012,5009,5006,5003,500

500

:s\ *+9ad od.rdonP yuo<"o.l9t *d{go go

o1 1 9

Adult l0-Ride Pass Distribution to Vendors

-+ FY 02/03 Y/S/D(s)

-r- FY 03/04 Y/S/D

:$t *,clQ 9s {0 {9\

-F FY 02/03{- FY 03/04

i rv o+ros I

Treasury MaE Pass Usaqe

Total Maq Pass Usaqe

f \ / ' / - \

\]

4nn5Pass Usage Graphs FY 0405.x|s

Total UsaqeFY 03/04: 9.687.008FY 04/05: 9.710.4mo/o ditf: 0.24%

1,600,000

g 1,4oo,ooofl 1 ,200,000

fl r,ooo,ooo

800,000

\$\F9d,+ od+dC Aoq.o{9* *{{g* roo

Month

ola!lo|Ifl=tFI

350,000olEl 3oo,00o)l 250,000=lEl 2oo,ooo

150,000

1,400,0001,200,0001,000,000

800,000600,000400,000

Total 31-Dav Pass Usaqe

I

|r\ ,.-./ \Y I

- l t

..-Y

' < 6 qt !6 d)

Month

31-Dav tlsa'oeFY 03/04: 7,623,343FY 04/05: 7.961.439Yo drtl: 4 .?5%

1ofiide UsaqeFY 03/04: 2,063,665FY 0465: 1.748.989o/o dift: -17.99Yo

I

)$t 9d' +d {9' *"-:of

Month

o120

Treasury

Adult 31-Dav Pass Usaqe

4t7 t05Pass Usage Graphs FY 0405.x|s

Adult UsaoeFY 03/M: 3 ,521 ,29OFY 04/05: 3,471304% diff: -1.44o/o

gl 500,0003l +so.oooDl=l 400,000

El sso,ooo

700,000ot 600,000

fl soo,ooo:rl 400,000Sl soo,oooFr 200.000

100,000

550,000

300,000

)$\ F.)s9@+ o+gd od 5oo<"o +-o"t $*g1 S"

Youth 31-Dav Pass Usaqe Youlh UsaoeFY 03/04:FY 04/05:% ditf:

3,622,9604,022,498

9.93%

:rt *+q.o+ od"td of 5ao <"o oo"t *$Sq* ao"

Transbav 31-Dav Pass Usaqe Transbav UsaqeFY 03/M: 479,093FY 04/05: 467,637o/" dift: -2.45o/o

I zo.oooGIol51 60.000EIill so,ooo

r$t *sou"t o++d d :"o ("$ dgt ft g"\ Oc

121

^ A _ n' \ / - 7 v - \l - H \

1 l

. \Y

Treasury MaE Pass Usaqe 4F tO'Pass Usage Graphs FY 0405.x1s

olaElaDl

fl=lt lFI

I 10,000100,00090,00080,00070,00060,00050,000

Adult l0-Ride Pass Usaqe

r-1.--.-.1 \_--+--|.,|_{

-ts --\t-.-}.--*-f-r

Adult UsaoeFY 03/04: 675,724FY 04/05: 556.530Yo ditf: -21.42o/o

Youth Us?qeFY 03104: 557,133FY 04/05: 473,583o/o dift: -'17 .640/o

Transbav UsaoeFY 03/04: 830,808FY 04/05: 718,876Yo ditt: -15.57o/o

:$\ psq*,.f oegot od 9o<.o*gt S$ S"Month i

Youth 10-Ride Pass Usaqe

90,000

80,00070,00060,000

50,00040,000

ol

|glo l3lEIEIFI

:+t *sou8t o+.:o\ o.o 1ao<"o.1ot S.s"1 :oo

oll!la l3l=lF I

140,000

120,000

100,000

80,000

60,000

Transbav 10-Ride Pass Usaqe

:st*souot d*+o* :oc("otgt $.g* So

Treasury Transfers: lssued/Received

Total Transfers lssued

4t7tosTransfers lssued and Received.xls

Total lssuedFY 03/04: 5,046,058FY M/05: 4,650,874Vodrtf:- -7.83o/o

Local (50.25)FY 03/04: 3,544,211FY 04/05: 3,213,250%diff: -9.34%

TransbavFY 03/04:FY 04rc5:vo diff:-

66,52,285,40828.390k

CourtesvFY 03/04: '1,435,325

FY 04/05: 1,352,216o/o dlff. ' -5.79%

FY 03/04: 3,388,529FY 04/05: 2,892,257o/o diff: -14.65%

Local (S0.25)FY 03/04: 2,800,423FY 04/05: 2,507,939o/o d#. -10.44Vo

el

ql;ltrl

2,300,000

1,800,000

1,300,000

800,000

300,000

=-------*--\

,

2Q 3Q

Fiscal Ouarter

--.- FY 03/04 lssued--r- FY 04/05 lssued

1,700,000

1,200,000

700,000

+- FY 03/04 Received--]- FY 04/05 Received

qrl

3l=lEIFI

TransbavFY 03/04:FY M/05:Yo ditf:

CourtesvFY 03/04:FY 04/05:o/o ditf:

24,67?31,217

26.530k

563.434353.101-37.33%

sl

8O.0Oo/o

70.00%

60.00%

50.00%

7o of Transfers Used

2Q 3Q

Fiscal Quarter

--.- FY 03/M % Used--*- FY 04/05 % Used

4Q

123

Treasury Transfers: lssued/Received

Local Transfers lssued/Received FY 04/05

4t7 tosTransfeG lssued and Rec€ived.xls

Local TEnsfer Revenueol

olral>l=t0alFI

I ,200,000

700,000

200,000

FY 03/04:FY 04i05:% dlfr:

$886,053$803,313

-9.34%

w4 uJ

Fiscal Qualter

FG"*d Ii --r- Received

600,000

ot 500,000

Hl +oo,ooo=l 3oo,oooEIEl 200,000

100,000

0

Courtesv Transferc lssued/Received FY 04/05

Transbav Transfers lssued/Received FY 04/05

__....r

r

-r

r-----------------l

35,000

30,000

gl 2s,000

$l'o'ooo=l 15,000El ro,ooo

5,000' u

124

-{- lssued--l- Received

+-

i--'--------r- _-'l