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SOUTH BEND PUBLIC TRANSPORTATION CORPORATION <br /> 2026 REVENUE PROJECTION <br /> %CHANGE-2024 BUDGET vs. <br /> ACTUAL 2023 <br /> 2026 2025 2024 2025 2024 <br /> SOURCE BUDGET BUDGET ACTUAL BUDGET ACTUAL <br /> FAREBOX $ 1,494,777 $ 1,406,375 $ 1,422,834 6.29% 5.06% <br /> ADVERTISING $ 271,665 $ 262,493 $ 281,224 3.49% -3.40% <br /> LEASE REVENUE $ 15,318 $ 25,963 $ 14,566 -41.00% 5.16% <br /> CONCESSIONS AND MISCELLANEOUS $ 24,600 $ 24,600 $ 9,947 0.00% 147.31% <br /> INTEREST INCOME $ 2,704 $ 2.704 $ 43,950 0.00% -93.85% <br /> $ <br /> PROPERTY TAX $ 4,053,116 $ 4,065,115 $ 3,985,853 -0.30% 1.69% <br /> LICENSE EXCISE TAX $ 260,000 $ 260,000 $ 249,946 0.00% 4.02% <br /> $ - <br /> LOCAL INCOME TAX $ 739,168 $ 808,971 $ 764,444 -8.63% -3.31% <br /> STATE ASSISTANCE $ 2,080,062 $ 2,060,889 $ 2,080,062 0.93% 0.00% <br /> FEDERAL PREVENTATIVE MAINTENANCE $ 1,250,000 $ 1,250,000 $ 1,081,000 0% 15.63% <br /> FEDERAL ASSISTANCE $ 2,284,955 $ 1,934,955 $ 1,791,200 18% 27.57% <br /> LEASE PAYMENT FROM CITY $ - $ 145,205 $ 200,000 -20% -100.00% <br /> TOTAL $ 12,476,365 $ 12,247,942 $ 11,925,026 1.86% 4.62% <br /> 1 <br />