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HomeMy WebLinkAbout08a Budget Hearing Packet - TranspotransP o south bend public transportation corporation 2020 FISCAL OPERATING & CAPITAL BUDGET January 1, 2020 through December 31, 2020 Prepared By South Bend Public Transportation SOUTH BEND PUBLIC TRANSPORTATION CORPORATION SOUTH BEND, INDIANA 2020 FISCAL YEAR BUDGET REQUEST TABLE OF CONTENTS BUDGET ESTIMATE FOR 2020 PROJECTIONS / ASSUMPTIONS 2020 Revenue Projection...................................................................................1 2020 Expense Projection...................................................................................2 2020 Appropriations...........................................................................................3 2020 Budget Assumptions.................................................................................4 2020 Budget Policy Statements.........................................................................6 2020 Budget Summaries by Category — All Accounts........................................7 Z O O Na w U Z _O a O a V) Z U J m CL 0 Z W m D O N z O p U W O w a w Z W w w O N O N J Q H Q N F w i� D M m O N O N w 0 z Q 2 U 0 V" \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \ 0 \o o \ e O M U) r r O O (n O N O r U� V: O (O (i O ti O O O O r o) co r N � O N co O ' r J co ~ N Q 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 o 0 e C ( M N O Cl) 01 LU I- M O 1- M pro 000 N r O r 6 O ti ri M M r G O G ' M ' l() ' N N M m r M LO .- LO r fl- N O O O O w M O LO co r M It O 0) O m O O O M O N O O r f� O v P- O N J M It w O 00 N � (N O N r O It M M (D r M) In M � In O r 0o = O H Cl r r- O M N O N C7 r I- r N O r Q 64 69 69 69 69 69 69 U). 03� 69 69 69 69 It O O O CO r O 00 N O In O w h O O O co O O 00 O M O O 00 O r (o N O N M O I- O (D �l O N `7 O f: O O M O P O W O N M O r 00 't 00 O r C7 M r r N LO O V- `V' N (O O O r M N r r O N r m 69 619 vi 69 69 69 69 69 161) b9 69 69 69 69 69 fR r O O O M O O M N O O O co O O O O O r O 00 po O O O r. w r O V r,.! 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The application of such funds towards the operating budget assists with offsetting loss in revenues from the State of Indiana's Public Mass Transportation Fund (PMTF) and local Property Tax revenue. This allocation decreases the funds available for routine maintenance and equipment replacement. Ridership and Revenue: For the last several years, Transpo's fixed route ridership and revenue has decreased with the improved economy and low employment rates. This trend is expected to continue through 2020. Access revenue and ridership continues to grow as the population continues to age. This trend is expected to continue through 2020. Transpo is in the process of negotiating contract renewals with the University of Notre Dame, Saint Mary's College, Holy Cross College and Ivy Tech Community College with an anticipated increase in revenue. EXPENSES: Em to ee Wages and Benefits: For 2020, Transpo budgeted, a slight increase in wages for employees. Employee benefits reflect an estimated increase of 10% from the 2019 budget. This is mainly due to an anticipated increase in health insurance premiums and pension contributions (to be determined during the collective bargaining process). Vehicular and Operating: Vehicular and other insurances costs have increased over the 2019 budget. This was due to an increase in vehicle liability insurance over the last year. Fuel cost per gallon decreased from the prior year amounts to $2.20 per gallon for both diesel and unleaded fuels. Transpo's CNG usage for fixed route vehicles has increased and will continue to do so as diesel vehicles, that have exceeded their useful life, are replaced with CNG. Transpo anticipates receipt of at least two new fixed route CNG vehicles in 2020. Transfer — Capital Improvement Fund/Restricted Liability Reserve: The 2020 budget does not provide the opportunity to transfer funds into the capital account to fund capital purchases. If at the end of 2020, a budget surplus would occur, the surplus would be transferred to the capital account to fund 2021 capital purchases. al ➢ UPON THE ADOPTION OF THE ANNUAL BUDGET BY THE SOUTH BEND PUBLIC TRANSPORTATION BOARD OF DIRECTORS, A MONTHLY BUDGET, BASED ON HISTORICAL AND FUTURE TRENDS, WILL BE ESTABLISHED. THIS WILL HELP FACILITATE THE MONTHLY REVIEW OF FINANCIAL REPORTS BY BOARD MEMBERS AND INTERNAL MANAGEMENT. Aft VF transpo 2020 OPERATING BUDGET POLICY STATEMENTS FINANCIAL CAPACITY: 1. Management will continue to search for investment, grant and funding opportunities to maximize revenues. 2. Management will assure cash handling practices to safeguard funds in its protection and toward timely collection of funds owed. SERVICE POLICY: 3. A review of current services levels will be conducted and recommendations will follow based upon the results of the analysis. 4. Access service will be provided in accordance with all applicable FTA guidelines. MANAGEMENT: 5. A professional workforce will carry out our Mission Statement. Management will assure fairness, consistency, and effective Equal Employment Opportunity and Affirmative Action policies and practices. 6. Assumes continuation of team development, employee recognition, and continuation of increased opportunities for employee training. T Assumes continued pursuit of programs of wellness and accident prevention in an effort to stem, to whatever extent possible, rising insurance costs. N. TRANSPO 2020 BUDGET SUBMISSION DEPARTMENT: ACCOUNT TITLE: All Salaries & Wages Summary 2018 ACTUAL $ 5,336,932 2020 BUDGET REQUEST $ 5,910,479 2019 MONTHLY AVERAGE $ 450,768 2019 APPROVED BUDGET $ 5,741,969 2019 EST EXPENSE $ 5,409,218 BUDGET CHANGE $ 168,510 Account Title 2019 2020 Operations -Fixed Route $3,405,159 $ 3,363,191 Operations -ADA 492,838 632,017 Operations -Administration 457,693 472,302 Maintenance- Vehicles 715,239 742,952 Maintenance- Administration 126,588 130,042 Maintenance -Non -Revenue 75,273 92,260 General Administration 469,179 477,715 Total $5,741,969 $ 5,910,479 7 TRANSPO 2020 BUDGET SUBMISSION DEPARTMENT: All ACCOUNT TITLE: Fringe Benefits Summary 2018 ACTUAL _$ 2,045,682 2020 BUDGET REQUEST $ 2,441,45E 2019 MONTHLY AVERAGE $ 188,080 2019 APPROVED BUDGET $ 2,565,921 2019 EST EXPENSE $ 2,256,955 BUDGET CHANGE $ (124,465) Account Title 2019 2020 Fringe Benefits -FICA $ 439,261 338,295 $ 452,151 345,5341,557,303 Fringe Benefits -Pension Plan 1,435,997 Fringe Benefits -Medical Insurance 51,588 48,364 Fringe Benefits- Dental Insurance 27 740 10,974 Fringe Benefits --Life Insurance 21,168 9,150 Fringe Benefits -Short Term Disability 11,139 11,140 Fringe Benefits -Unemployment insurance 69,230 78 389 Fringe Benefits -Workman's Compensation 46,197 45,757 Fringe Benefits -Uniforms 4,000 4,000 Fringe Benefits- Tool Allowance Total $2,565,921 $ 2,441,456 �:3 DEPARTMENT: ACCOUNT TITLE: TRANSPO 2020 BUDGET SUBMISSION All Services Summary 2018 ACTUAL $ 596,149 2020 BUDGET REQUEST $ 511,079 2019 MONTHLY AVERAGE $ 46,589 2019 APPROVED BUDGET $ 501,079 2019 EST EXPENSE $ 561,566 BUDGET CHANGE $ 10,000 Account Title 2019 2020 Management Service Fees $ - $ - Professional & Technical 193,439 207,939 Board Travel 10,000 5,000 Temporary Help 2,500 2,500 Contract Services Operations 37,050 37,050 Contract Services Maintenance 139,500 140,000 Contract Services Administration 54,540 54,540 Security Services 64,050 64,050 Physical Damage Repairs 20,000 20,000 Recoveries of Physical Damage Repairs (20,000) (20,000) Total $ 501,079 .? U 1,v1v DEPARTMENT: ACCOUNT TITLE: ACCOUNT NUMBER: 2020 BUDGET SUBMISSION Administration & Maintenance Utilities 505-0x50-00 505-Ox2x-00 2018 ACTUAL $ 232,063 2020 BUDGET REQUEST $ 335,716 $ 2019 MONTHLY AVERAGE $ 28,467 2019 APPROVED BUDGET $ 381,545 $ 2019 EST EXPENSE $ 341,609 BUDGET CHANGE $ (45,829) Trash Collection $ Account Title 2019 2020 Electricity $ 98,014 $ 120,000 Electricity -CNG $ 147,629 $ 73,814 Water & Sewage $ 16,654 $ 16,654 Trash Collection $ 6,000 $ 6,000 Telephone $ 34,000 $ 40,000 Natural Gas $ 79,248 $ 79,248 Totals $ 381,545 $ 335,716 10 DEPARTMENT: ACCOUNT TITLE: TRANSPO 2020 BUDGET SUBMISSION All Insurance Summa 2018 ACTUAL $ 241,776 2020 BUDGET REQUEST 2019 MONTHLY AVERAGE $ 20,673 2019 APPROVED BUDGET 2019 EST EXPENSE $ 248,071 BUDGET CHANGE Insurance - Liability & Physical Damage Other Corporate Insurance 11 Total $ 259,436 $ 250,477 $ 8,959 $ 253,151 6,285 $ 259,436 DEPARTMENT: ACCOUNT TITLE: TRANSPO 2020 BUDGET SUBMISSION w Miscellaneous Summary 2018 ACTUAL $ 205,243 2019 MONTHLY AVERAGE $ 10,742 2019 EST EXPENSE $ 132,237 Account Title Dues & Subscriptions Travel & Meetings Community Services Promotion Advertising Placements Interest Expense on Tax Warrants/Loans 12 2020 BUDGET REQUEST 2019 APPROVED BUDGET BUDGET CHANGE $ 118,777 $ 127,277 $ (8,500) 2019 2020 $ 20,277 $ 19,777 30,000 25,000 15,000 12,000 6,000 6,000 45,500 45,500 10,500 10,500 Total $ 127,277 $ 118,777 TRANSPO 2020 BUDGET SUBMISSION DEPARTMENT: All ACCOUNT TITLE: Materials & Supplies Summary 2018 ACTUAL $ 744,264 2020 BUDGET REQUEST $ 994,734 $ 728,722 $ 695,720 2019 MONTHLY AVERAGE $ 65,407 2019 APPROVED BUDGET $ 1,049,336 2,560 2,560 Materials & Supplies 2019 EST EXPENSE $ 784,885 BUDGET CHANGE $ (54,602) 230,000 Materials & Supplies Marketing Account Title 2019 2020 Fuel & Lubricants Operations $ 728,722 $ 695,720 Fuel & Lubricants Maintenance 11,954 11,954 Tires & Tubes Maintenance 2,560 2,560 Materials & Supplies Operations 25,000 20,000 Materials & Supplies Maintenance 230,000 230,000 Materials & Supplies Marketing 33,600 17,000 Other Materials & Supplies Operations 4,500 4,500 Other Materials & Supplies Maintenance 2,600 2,600 Other Materials & Supplies General Administration 10,400 10,400 Total $1,049,336 $ 994,734 13 DEPARTMENT: ACCOUNT TITLE: ACCOUNT NUMBER: TRANSPO 2020 BUDGET SUBMISSION All Capital Fund Requirements 301-0101-00 2018 ACTUAL $ 3,706,636 2019 MONTHLY AVERAGE $ 173,785 2019 EST EXPENSE $ 2,085,425 2020 BUDGET REQUEST $ 1,413,550 2019 APPROVED BUDGET -$ 906,550 BUDGET CHANGE $ 507,000 Total $ 6,367,750 $ 4,954,200 $ 1,413,550 14 $$$ FTA/State Total Grant Number Available Funded Required Grant- IN -04-0053 $ 1,512,750 $ 1,210,200 $ 302,550 Grant -IN -16-X021 $ 800,000 $ 500,000 $ 300,000 Grant -IN -90-X685 $ 30,000 $ 24,000 $ 6,000 Grant- IN -90-X694 $ 50,000 $ 40,000 $ 10,000 Grant- IN -90-X714 $ 75,000 $ 60,000 $ 15,000 2019-5307- FTA GRANT $ 3,000,000 $ 2,400,000 $ 600,000 2019 -5339 -Funding $ 900,000 $ 720,000 $ 180,000 Total $ 6,367,750 $ 4,954,200 $ 1,413,550 14 TRANSPO 2020 BUDGET SUBMISSION DEPARTMENT: All ACCOUNT TITLE: Passenger Fares Summary ACCOUNT NUMBER: 413-0100-00 2018 ACTUAL: $ 1.337,076 2020 BUDGET REQUEST $ 1,370,101 2019 AVERAGE: $ 117,420 2019 APPROVED BUDGET $ 1,394,874 2019 ESTIMATED: $ 1,409,034 BUDGET CHANGE: $ (24,773) Account Title 2019 2020 Passenger Revenue $ 713,002 $ 697,301 Access Passenger Revenue 50,916 57,136 Access Punch Card Revenue 83,818 86,868 Passport Revenue 166,110 176,155 Student Pass Revenue 40,560 34,950 Tripper Revenue 9,783 9,783 Two Week Pass 109,026 107,928 One Day Pass 221,658 199,980 Student Summer Pass 15 $ 1,394,874 $ 1,370,101