2014 15 budget
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2014/15 Budget. Nevada 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

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2014/15 Budget

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2014 15 budget

2014/15Budget

Nevada County Department of Public Works

Transit Services Division

March 2014


Transit services rolling forward on a positive path

Transit Services….Rolling Forward on a Positive Path


Initial service assumptions fy 2014 15

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

FY2014-15Revenue


Revenue assumptions

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

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

Operations Revenue Trends


Fy 2014 15 expenses

FY 2014-15 Expenses


Fy 2014 15 expenses assumptions

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

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

Operations Expenses Trends


Capital projects expense fy 14 15

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

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.


2014 15 budget

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