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July 26, 2006

MTA 2007 Preliminary Budget July Financial Plan 2007 – 2010. DJC. July 26, 2006. February Financial Plan Closing Cash Balance Before Policy and Gap-Closing Actions ($ in millions). July Financial Plan Baseline Before Policy and Gap-Closing Actions ($ in millions).

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July 26, 2006

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  1. MTA 2007 Preliminary Budget July Financial Plan 2007 – 2010 DJC July 26, 2006

  2. February Financial PlanClosing Cash BalanceBefore Policy and Gap-Closing Actions($ in millions)

  3. July Financial PlanBaseline Before Policy and Gap-Closing Actions($ in millions)

  4. July Financial PlanReasons for Baseline Net Improvements($ in millions)

  5. July Financial PlanAgency Baseline Changes ($ in millions)

  6. July Financial PlanYear-to-Year Changes in‘Uncontrollable’ and ‘Controllable’ Operating Expenses • ‘Uncontrollable’ Operating Expenses include Paratransit Service Contracts, Fuel for Buses & Trains, Traction & Propulsion Power, Debt Service, Health & Welfare, Pensions, Insurance, and Claims. • ‘Controllable’ Operating Expenses include Payroll, Overtime, Other-Fringe Benefits, Reimbursable Overhead, Maintenance & Other Operating Contracts, Professional Service Contracts, and Materials & Supplies.

  7. July Financial PlanWith Policy and Gap Closing Actions($ in millions)

  8. July Financial PlanClosing Cash Balance After Policy and Gap-Closing Actions *($ in millions) * Consistent with prior plans, includes additional 5% revenue increases - September 2007 and January 2009.

  9. If the Board Does Not Continue Its Policyof Small Bi-Annual Fare & Toll Increases,Out-Year Deficits Will Increase ($42) ($1,141) ($1,626) ($1,986) July Plan Closing Cash Balance, After Policy & Gap-Closing Actions Additional Gap if 2007 & 2009 Fare & Toll Yields Are Not Increased

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