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Home My WebLink AboutSession VIII - 2019 Budget - Transpo2019 Budget Presentation South Bend Public Transportation Corporation (TRANSPO) September 12, 2018 TABLE OF CONTENTS POWERPOINT PRESENTATION .................................................................................... 2-8 TRANSPO BUDGET DETAIL ........................................................................................ 9-25 1 2019 BUDGET PRESENTATION AMY HILL INTERIM GENERAL MANAGER & CEO CHRIS KUBASZAK CONTROLLER Brief Overview •117 employees •Local, State, Federal Funding •49 fixed route buses •17 paratransit vans •Serving the cities of South Bend & Mishawaka 2 2018 At A Glance Accomplishments: New ridership programs with Holy Cross College and IU South Bend Record-setting K-12 Youth Ridership – 27,571 Launched Yellow Line Connector Route New technology to improve paratransit service Bus Shelters 2019 At A Glance Challenges: Aging Fleeting – 27 fixed route vehicles eligible for replacement Uncertainty in Federal and State Funding 2020 Circuit Breaker – estimated decrease of $300,000 in property tax funding Increasing Insurance costs Collective Bargaining – current contract expires November 2019 3 2019 Revenue Sources Local Tax Revenue (36%) State Assistance (19%) Federal Opertaing Assistance(14%) Federal Prev. Maint. (14%) Passenger Fares (13%) Lease Revenue (2%) Advertising/Interest/Mi sc. (1%) 2019 Expenses Wages (52%) Benefits (23%) Materials/Supplies (9%) Fuel Expense (7%) Services (4%) Utilities/Insurance (3%) Misc Expenses (2%) Transpo 2019 Operating Budget - $10,617,606 4 Operating Expenses 2012 2013 2014 2015 2016 2017 2018 2019 Operating Expense 10,325,963 9,996,139 9,779,576 10,438,116 10,845,892 10,869,199 10,662,269 10,617,606 9,500,000 10,000,000 10,500,000 11,000,000 Labor Expense 2012 2013 2014 2015 2016 2017 2018 2019 Labor 4,941,995 4,946,325 5,063,271 5,077,761 5,416,098 5,806,671 5,801,603 5,741,969 4,750,000 5,000,000 5,250,000 5,500,000 5,750,000 6,000,000 5 Health & Dental Insurance 2012 2013 2014 2015 2016 2017 2018 2019 Health & Dental Insurance 1,094,359 1,145,705 1,203,653 1,222,278 1,428,047 1,545,965 1,244,747 1,608,891 1,050,000 1,100,000 1,150,000 1,200,000 1,250,000 1,300,000 1,350,000 1,400,000 1,450,000 1,500,000 1,550,000 1,600,000 1,650,000 Passenger Revenue Passenger Revenue / Ridership continues to trend down with strong economy / low unemployment Strong ridership this summer; building on the momentum Continue to explore new ridership initiatives and partnerships 6 Property Tax Assistance 2016 2017 2018 2019 2020 2021 2022 Property Tax Appropriation 2,675,000 2,883,701 2,954,329 3,104,261 2,784,000 2,860,000 2,945,000 2,500,000 2,750,000 3,000,000 3,250,000 Operating Assistance State Operating Assistance / Public Mass Transportation Fund has remained relatively flat; slight decrease anticipated for 2019 Federal Operating Assistance – decreased in 2018; slight increase anticipated for 2019 7 2019 Priorities •Introducing new technologies: o Paratransit scheduling o Real-time Information •Ridership Initiatives •Workforce Development Partnerships •Fleet Replacement Program o Federal Grant Funding o Indiana VW Mitigation Trust Program Thank You! 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25