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~A ~ ` <br /> <br />3ALSM ARBA MA33 TRAN3IT DI3TRICT <br />10 YEAR PROJECfION ADNSTID TO <br />96-9'I PROJECTED ACT[1AL AND 1997-98 APPRO~/ED BUDGET <br />15-Apr-97 P ROJECT I ONS <br />Footnote 1 2 3 4 5 6 7 8 9 10 11 <br />Night Service Only 96-97 97-98 98-99 99-00 00-OS OS-02 02-03 03-04 04-OS OS-06 06-07 <br /> Projected Approved <br /> Actual Budget <br />Prior Year Taxes 654,272 350,000 292,~62 307,400 322,770 338,909 355,854 373,647 392,329 411,946 432,543 <br />Paseenger Fares 1 1,235,226 1,325,000 1,364,750 1,405,693 1,447,863 1,491,299 1,536,038 1,582,119 1,629,583 1,678,470 1,728,824 <br />Investment Income 247,684 225,000 190,040 164,074 161,492 153,902 141,511 123,788 100,179 70,087 32,865 <br />Miscellaneoue/advertising 170,118 140,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 125,000 <br />State In-Lieu 1 2,711,061 2,480,000 2,554,400 2,631,032 2,709,963 2,791,262 2,875,000 2,961,250 3,050,087 3,141,590 3,235,837 <br />FTA-Operating 1,000,000 499,000 499,000 499,000 499,000 499,000 499,000 499,000 499,000 499,000 499,000 <br />FTA-Planning 36,000 32,000 37,500 37,500 37,500 37,500 3'),500 37,500 37,500 37,500 37,500 <br />STF 0 104,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 2,000 <br />Total Revenues 6,054,361 5,155,000 5,065,452 5,171,698 5,305,589 5,438,872 5,571,903 5,704,304 5,835,679 5,965,593 6,093,570 <br />EXPENDITURES: <br />Personnel 2 5,304,317 7,006,430 ~,427,516 7,873,910 8,347,132 8,848,795 9,380,607 9,944,382 10,542,039 11,175,616 11,847,270 <br />~ Materials & Supplies 3 1,425,629 1,853,780 1,924,038 1,996,959 2,072,644 2,151,197 2,232,728 2,317,348 2,405,176 2,496,332 2,590,943 <br />v <br />N p,pp <br />4 <br />350,000 <br />675,000 <br />715,500 <br />758,430 <br />803,936 <br />852,1~2 <br />903,302 <br />957,500 <br />1,OI4,950 <br />1,075,847 <br />1,140,398 <br />Capital & COG 5 44,868 15,550 25,000 25,500 26,010 26,530 27,061 27,602 28,154 28,717 29,291 <br />Contingency 6 0 500,000 0 0 0 0 0 0 0 0 0 <br />Transfers 350,000 1,022,250 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 200,000 <br />Total Expenditures 7,4~4,814 11,073,010 10,292,055 10,854,799 11,449,~22 12,078,694 12,743,698 13,446,832 14,190,319 14,976,512 15,80'7,903 <br />Total Revenues 15,076,395 17,635,952 16,751,'733 17,010,883 17,110,154 17,030,209 16,750,869 16,250,298 15,504,909 14,489,236 13,175,799 <br />Revenues 6,054,361 5,155,000 5,065,452 5,171,698 5,305,589 5,438,872 5,571,903 5,704,304 5,835,679 5,965,593 6,093,570 <br />Cash Carryover 3 476 034 7,601,581 6,562,942 6,459,678 6,156,083 5,660,432 4,951,515 4,007,171 2,803,466 1,314,590 (487,276) <br />Amount Needed to Balance (2,055,581) (1,683,571) (1,336,339) (776,577) (11,950) 979,391 2,220,280 3,735,358 5,551,175 7,696,329 10,201,609 <br />Tax Base 7 5,900,000 5,190,820 5,450,361 5,722,879 6,009,023 6,309,479 6,624,948 6,956,195 7,304,005 7,669,205 8,052,666 <br />Collectible current 0944 5,546,000 4,879,371 5,123,339 5,379,506 5,648,482 5,930,906 6,227,451 6,538,824 6,865,765 7,209,053 7,569,506 <br />1 - Increase 33 annually <br />2- Increased 6.013 annually based on historical data. <br />3- Increased 3.~9t annually based on historical data. <br />4- Increased 6~ annually based on historical data. <br />5- Increased 2 8 annually based on hiatorical data. <br />6- Contingenr_y budgeted as an expenae of $500,000 for 1996-97, and carried forward in aubsequent years. <br />7- Tax base calculated ae: 1997-98 -$5,900,000. plus 6~, lesa 173, 1998-99 thereafter increased by 3~ allowed by propoaed law plus 28 for growth. <br />