ac transit annual report 1975-1976

8/14/2019 AC Transit Annual Report 1975-1976

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1975/76


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BOARD OF DIRECTORS

John L. McDonnellVice President

Chester C. McGuire, Jr.


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The opening of bus service in Concord was marked with a celebration at the BART/Concord station. The seven bus line system takes riders neighborhood shopping areas and major office facilities, as well as to the train station .

It was a busy year for AC Transit, as service expandedinto suburban areas and as planning crystalized intodifferent system designs, new equipment needs andexpanded passenger comforts.Highlights included:

o Start of local bus service in Concord .o Start of a local bus system in Pleasant Hill.o Agreement with Moraga for service to connect thatcommunity to BART stations and shopping areas.o Finalization of plans for improved commute service andoff-peak Dial-A-Ride in Fremont and Newark.o Award of contract for newly designed small bus.o Opening of bids for articulated bus.o Expansion of shelter program.At the end of the fiscal year, AC Transit was operatingmore l ines - 167 - over more miles - 98,889 scheduledeach weekday registering more yearly passenger trips -58,220,157 - than at any time since the District went intooperation on Oct. 1, 1960.CONTRACT SERVICES . ..

The concept of individual communities contracting withAC Transit for bus service resulted in expansion intoConcord and Pleasant Hill in Contra Costa County duringthe fiscal year . At the same time, planning was proceedingin other areas for similar local bus systems, indicative of theincreasing realization the energy situation is getting worseand the need to provide public transit as an alternate choiceto the private car is getting greater.By working through AC Transit, Concord and Pleasant Hill

were able to take advantage of Federal funding and localsales tax monies to underwrite most of the costs of the initialsmall transit systems.Concord got off to a start first, with a seven-line systemopened on September 8. Six of these lines converge onBART/Concord, offering residents access to trains, as wellas business and recreational facilities. A seventh lineprovides a connection from the Ygnacio Valley section toBART/Pleasant Hill during peak hours. Buses wereoperating six days a week and SunValley Shopping Centerquickly proved a major attraction to midday shoppers .The Concord system was welcomed with speeches by cityfathers and coffee and pastries at the local bus stop at theBART/Concord station.While Concord designed a conventional bus systemexpanding through business sections into various sectionsof the community, Pleasant Hill started on Dec. 8, with atwo-loop system planned for individual needs.The two-bus system changed according to time anddestination, with coaches operating to BART/Pleasant Hillduring commute hours, then following a different routing tomeet requirements for schools and shopping. The designhad the practical purpose of getting the maximum use fromtwo buses, all Pleasant Hill felt it could finance at thebeginning.After trial operation, however, it was evident all serviceshould connect Diablo Valley College and the BART stationand routing was changed to a two-way pattern that went intoeffect on June 1, 1976, with no increase in man power orequipment.Moraga, meanwhile, was working with AC Transit onroutes to serve that suburban area, connecting


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System Expenditures Per MileFiscal year ending June 30CENTS

PASSENGERS - FARES - MILEAGE%1975-76 1974-75 Change

East Bay ............ 43,546,422 33,742,676Transbay .... . .. .... 12,475,887 10,505,091Fremont/Newark ... 887 ,318 404,727Contract ServicesBART .. . . . . . . . . . . . . 877,889 347,147Concord 377,511Pleasant Hill . . . . . . . 55,130

Total . . . . . . . . . . . . . 58,220,157 44,999,641

East Bay . 0. $ 8,389,067 $ 6,752,056Transbay ... .... ..... 6,472,917 5,575,658Fremont/Newark . .. 167,170 78,496Contract Services BART . .. . . . . .. . . . . . 296,073 123,080Concord . . . . . . . . . . . 60,118Pleasant Hill 8,223Total . . . . . . . . . . .. . $15,393,568 $12,529 ,290

East Bay ..... .. ... . 16,912,363 14 ,262,438Transbay ... ..... ... 9,323,481 8,134,288Fremont/Newark ., . 866,445 548,670Contract ServicesBART . ...... . . . . . . . 1,711,666 981 ,803Concord . . . . . . . . .. . 381,447Pleasant Hill 66 ,074Total . . . . . . . . . . . . . 29,261,476 23 ,927,199

' Reflects 61-day strikeFremont service inaugurated Nov . 12, 1974Newark service inaugurated Dec . 16, 1974Contract service to BART inaugurated Dec . 2, 1974Concord contract serv i ce inaugurated Sept. 8, 1975Pleasant Hill contract service inaugurated Dec . 8, 1975

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29.118.8119.2152.9

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24.216.1113.0140.6

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18.614.657.974.3

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Oakland Raiders Phil Villapiano and Otis Sistrunk workedwith students in an anti-vandalism program to encouragerespect for equipment. They have been taking the ACTransit story to schools for four years .

neighborhoods and St. Mary's College with BART stations atOrinda and Lafayette.FREMONT-NEWARK NEW SYSTEM DESIGN, . .

Plans for a complex bus system in Fremont and Newarkcontinued to be refined.Public hearings were held in both cities in an attempt todeal with one of the knotty problems facing theDistr ict-Dial-A-Ride.What concerned citizens, management and the Board ofDirectors was the dilemma of how to pay for a fullDial-A-Ride system with limited funding. Yet campaignworkers and political spokesmen stressed during the publichearings and planning sessions they had promised sometype of demand responsive service in getting out the vote topass annexation to AC Transit with a maximum 33 cent taxrate per $100 assessed valuation.AC Transit planners believed, however, there was notenough money to operate Dial-A-Ride during commutehours. Consultants, engaged by the two cities to plan theoriginal system, also agreed, after a second look, that itwould take 58 percent more buses to operate in commutehours than originally projected.What emerged from the meetings was a system designinvolving three distinct types of service.The backbone of the service would be the existing sevenfixed routes with minor service pattern changes.During commute hours, the basic fixed routes wouldbeaugmented by 12 mini-fixed routes, reaching into virtuallyevery neighborhood.Dial-A-Ride service would operate weekdays duringoff-peak hours and on Saturdays and Sundays. To startwith, two Dial-A-Ride zones approximately one square milein area would be opened, with additional zones to beimplemented on a six to eight week schedule depending onridership and availablility of equipment. Ultimately, the


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Vehicle MilesFiscal year ending June 30

MILLIONS OF MILES

29 One-Way Route MilesFiscal year ending June 3028 HUNOREDS OF MILES

27 19

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1625

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1323

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The first driver out of the Newark Division yard , Donald E. Figas, greetsHerman M. Ramos , the first passengerto board a coach from the new division. The opening of the Newark facility marked the first time a new busdivision yard has been establishedin the East Bay since 1947. , _ , _ , _ , ~ , m 1 ~ 1 ~ 1 ~ 1 ~ 1 _ * Reflects 19-day stroke 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976** Reflects 61-day strIke

system design calls for 21 zones in the two cities.RICHMOND EXPERIMENT . . .

As the Fremont-Newark system design was nearingcompletion, a year-long experiment with Dial-A-Ride in a 4.9square mile area of Richmond was drawing to a close.The Board of Directors concluded the Richmond projectciting prohibitively high operational costs - more than$3.50 per passenger carried.The decision was reached following public hearings in thecommunity at which expense of operation was discussed.Little opposition during the hearings was registered over theending of the project.The Richmond experiment, which ran from Sept. 16, 1974to Sept. 5, 1975, provided valuable information in planningthe Dial-A-Ride operation in Fremont and Newark.BUSES . . .

DlJring the year the District sought new equipment andexplored new bus technology.Since 1970 the hunt had been on for a heavy duty smallbus for neighborhood use. Such a coach was called for inthe Fremont-Newark system design.Wanted was a bus which could match the rest of the fleetwith an operating expectancy of 15 years and which couldprovide passenger comfort without sacrificing performancereliability.After seeking bids twice for a bus 25 feet long, the Districtawarded a contract to Minibus of Downey, Calif., for 23newly designed, heavy duty small buses, at a price of$49,088 each, plus delivery and taxes. The buses seat 25passengers each. The contract, awarded May 28, specifieddelivery 180 days from date of award. An option wasincluded to buy six small buses for Moraga and PleasantHill.

Evaluation also was underway near the close of the fiscayear on the sole responsive bid received for articulatedbuses, which priced each coach at $171,163 beforedelivery. The quoted price was being studied byCALTRANS, which handled bid procedure for AC Transitand 10 other properties, jOintly interestedin buying 325buses as a means of increasing productivity.M.A.N. of West Germany offered the bid in conjunctionwith AM General. Additional funding also mustbe obtainedbefore purchase can be made.As the fiscal year ended, Directors authorized solicitingbids for 66 advanced design 40-foot city transit coaches, 12of which would be put into service in Fremont and Newark.Specifications for the buses call for climate controlandcantilevered seats for passenger comfort. Additionally, eac47-passenger bus would have a number of featuresanticipated to save $13,637 per bus in maintenance andmaterial costs over the 15-year life expectancy of eachcoach.AC Transit is participating with five other properties inseeking a joint order, expected to total at least 418 of themodern design coaches.PASSENGER TRAVEL . . .

Passenger travel on transbay service remained stablewith a slight increase in ridership at the turn of the year.East Bay patronage showed an increase in District 1 andDistrict 2 ; passenger growth steadily increased on servicesoperated under contract with BART and with Concord andPleasant Hill, indicating more people than ever were ridingthe bus.Use of BART/AC Transit transfers showed an increasefrom 2,220,674 in the 1974-75 fiscal year to 3,393,303in thfiscal year ending June 30, 1976, up 1,172,629 or 52.8percent. However, buses did not roll in July and August of1974 because of a two-month strike.Night patronage on buses showed no significant increas


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Diablo Valley College students John Taylor and ElizabethMart in study brochure explaining bus serv ice to and fromcampus. Some 10,000 brochures were distributed at thecollege as part of an on-going program to distributeinformation on bus service to community colleges anduniversities .

as result of corresponding night service on BART.One-way street miles increased from 925.6 to 985.5, up59.9 miles or 6.4 percent. One-way route miles increasedfrom 1,886.9 to 1,985.5, an increase of 198.6 miles or 5.2percent. Total weekday schedule miles increased from98,713 miles to 98 ,889 miles, an increase of 176 miles.A decrease of 1,400 miles in Richmond Dial-A-Ride inSeptember, 1975, held down the mileage figure, but thiswas absorbed by inauguration of contract serviceinConcord and Pleasant Hill, plus increases in District 1 andDistrict 2. .Continuing changes in service were made, to better meetpassenger needs while making the best productive use ofavailable equipment in suburban areas, as well as in EastBay cities and on transbay lines.SURVEYS .. .

Senior citizen surveys taken in October, 1975, showeda riding increase of 3.0 percent on East Bay lines onweekdays over May, 1975. On Saturdays, East Bayridership showed an increase of 4.8 percent among seniorcitizens. Sunday remained approximately the same.TIMETABLES . ..

Printing of public timetables to aid riders increased from2,702,000 in fiscal 1974-75 to 3,541 ,000, or 31.1 percent.PASSENGER STOPS . ..

Passenger stop poles increased by 445 from 5,921 to6,366 between fiscal 1974-75 and 1975-76.LEADERSHIP . ..

As the 1976 calendar year opened, Director Kimi Fujii of

Buses In ServiceFiscal year ending June 30 AC Transit Liners 0 Former Key System

HUNDREDS OF BUSES

Hayward was elected to her second term as President of theBoard of Directors.Director John McDonnell of Oakland, a member of theBoard since AC Transit was created by the voters in 1956,was elected to a second term as Vice President of theBoard.FACE LIFT . ..

Sixty-one coaches had a new face lift as the MaintenanceDepartment completed refurbishing 100 series buses.Giving the "old friends" a new look took a year's time, butthe buses are expected to operate at least anothe r fiveyears - at a savings to taxpayers. Cost of refurbishing thebuses was approximately $3,000 per bus. Originally in 1960,the buses had a price tag of $34,420 each, including tax. Toreplace them with a comparable new coach would costinexcess of $70,000 per bus.The District in November, 1975, received the first of 36new 45-passenger Flxible coaches scheduled for servicebeing operated under contract with BART in suburban areasof Contra Costa and Alameda counties.A total fleet of 801 coaches were in service at the close ofthe fiscal year. Of that number, 40 were former Key Systembuses and 760 were " new look" AC Transit coaches. Onewas the articulated " Freeway Train" XMC-77.

FARE ZONES ELIMINATED . ..When the fiscal year opened on July1, 1975, regularadult passengers on East Bay local lines began paying thesame fare - 25 cents - as zone charges were eliminated.The long tradition of interzone fare charges ended after asurvey showed a majority of interzonal local riders weremaking trips that averaged between five and six miles -virtually the same average trip length for passengers ridingfor the single zone fare of 25 cents.


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Fare Box RevenueFiscal year ending June 30

Passenger TripsFiscal year ending June 301976: District #1District #2Contract ServicesTotal

MILLIONS OF PEOPLE

56 ,022,309 .887,31811i111,310,530 058220, 157

1976: District #1 $14.861 .984 .District #2 167 .170 iiiContract Services 364,414 0

Checking out future proposed routinginto St. Mary's College, AC Transit busmakes loop past the chapel. Studentsof St. Mary 's can expect free transportation in latest example of suburbantransit planning .

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Total $15,393,568MILLIONS OF DOLLARS

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52

50

46

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421967 1968 1969 1970 1971 1972 1973 1974 1975 1976 1967 1968 1969 1970 1971 1972 1973 1974 1975 1976

SAFETY RECORDS . . .

.. Rell e


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Deaf child from Concord's WestwoodElementary School uses sign language to pose questions during anon-board class to acquaint youngsterswith the proper means of safely ridingthe bus. Watching is District instructorGeorge Silva.

Driver Ernest L. Harper wasawarded AC Transit's Community Service Citation forrescuing eight people from aSan Leandro apartment fire.His assistance in evacuatingtenants from the burningbuilding earned him com-mendations from fire andpolice officials and th eCalifornia State AttorneyGeneral's award for valor .

Contract bus service with individual communities likePleasant Hill brought first public transit into suburbanareas oriented to the automobile.

events at the Oakland-Alameda County Coliseum Complexand the University of California Memorial Stadium againprovided fans with an opportunity to cheer for their favoriteteam.An experimental subscription bus service to an industrialpark in Hayward was initiated for a trial period. After threemonths, the pilot experiment was abandoned because oflack of patronage.Although the project was discontinued, valuableexperience and information were gained on the concept ofsubscription service to specific areas not currently served bypublic transit.WEATHER PROTECTION . ..

The program to install shelters moved along, as the publicresponded enthusiastically to the convenience of weatherprotection. By the end of the fiscal year, 65 shelters wereinstalled in the 11-city area from San Pablo and Richmondsouth to Hayward . Seventy more shelters are scheduled forthe same East Bay cities.An additional 75 shelters are destined for Fremont andNewark. Thirty shelters will be installed for service operatedunder contract with BART, 25 shelters are destined forConcord, four for Moraga/Orinda contract service and onefor Pleasant Hill contract service.The City of Emeryville purchased two shelters and gavethem to AC Transit. The Oakland Redevelopment Agencypurchased one shelter for the bus system and F.P. LathropCompany in the Watergate complex purchased two shelters .

EXCLUSIVE LANE . ..Use of the exclusive lane through the toll plaza entranceto the San Francisco-Oakland Bay Bridge was expandedand tolls were removed during midday hours effective Jan .2, as result of action taken by the California Toll BridgeAuthority.


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Average Annual Employee EarningsFiscal ye ar en ding June 30

'" Aelle.cts 19-cay s t r j ~ e ** Ref(>Cts 61 -day strike

Previously , buses were granted free passage and rolledthrough the toll gates on an exclusive lane between 6 a .m.and 9 a.m. and 3 p.m. and 6 p.m . Under the new expansion ,buses can z ip through the toll gates, traveling free between6 a .m. and 6 p.m. on weekdays , excluding holidays. Theadditional free passage results in an annual projectedsavings of $3,379 .

INCREASED FUNDING SOUGHT . . .To meet the growing demands to finance public transit,AC Transit aggressively sought increased funding fromState and Federal sources.The District views a situation in coming years in which thecosts of operation are expected to increase, beyond theincome received through the fare box, from the property tax,from State sales tax funds and from Federal capital andoperating assistance.Credited as one of the most efficiently-operatedproperties in the transit industry, AC Transit was looking atall operations, including nighttime and weekend services , forcurtailments, which at best , would decrease future unfundeddeficits . At the same time, practical figures were being

gathered to encourage legislators to give priority to publictransit as a logical solution to coming energy and congestionstagnation .MAINTENANCE DEPARTMENT .. .

In addition to their other work, the MaintenanceDepartment commemorated the nation's 200th birthday bydesigning and painting two specially decorated Bicentennialbuses which were put into service on various lines incelebration of the historic event. They also appeared incommunity parades in cities throughout the District.For the 14th straight year the Maintenance Departmentreceived the Fleet Owner Maintenance Efficiency Awardreflecting the high achievement of their work .

"Uncle Sam ," enacted by Nicholas P. Alevizos, superintendent ofthe Richmond Division , holds flag on high as smoke billows fromcannon fire on top of AC Transit bicentennial-decorated coach ."Uncle Sam " and his cannons were a hit during a number of com-munity parades during the year .

Special public informationmaterials were prepared fornew areas served by busservice like SunValleyShopping Center in theConcord-Pleasant Hill areaShopping center managerWilliam Burrous reflects theenthusiasm exhibited ingreeting the new service.


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To mark the bicentennial , ACTransit Maintenance Departmentpainted two buses white , stripedwith star-spangled blue and red ,to operate on different lines during the year . The buses carried alegend saluting " USA '76".

Adding to the impressive maintenance performance wasa new record established of 84,000 miles per mechanicalfailure.Again this year, the Maintenance Department decorated aspecial " Santa Claus Express Bus" to spread good will andcandy canes to youngsters and oldsters during the holidayseason.CLAIMS .. .

Paid losses for the fiscal year were $296,509 for personalinjury and $97,582 for property damage, a total of $404,309compared to $401,739 the previous year.Cost of claims amounted to 2.51 percent of grosspassenger revenue, compared to 2.98 percent in the1974-75 fiscal year.Recoveries totaled $49,344, an increase over $44,144 theprevious year.Paid losses under the District permissibly uninsuredWorkers' Compensation program were $372,741 comparedto $238,894 the prior year. Recoveries amounted to$49 ,457, up from the $20,413 in 1974-75.

Nine " new look" buses recordedmore than one mill ion miles ofservice for the District. The busesbegan operation in 1960 an d1961 and are still in top mechanical condition.

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PERSONNEL DEPARTMENT . ..The Personnel Department headed up open recruitmentfor bus driver trainees in order to have an updated existingapplicant pool and to establishan eligibility list from which todraw for a period of one year.The program was in line with the District's upgradedaffirmative action program. During the recruitment, 13,000application packages were distributed.

THE YEAR IN REVIEW . ..Tough goals were set during 1975-76.Increasingly demanding challenges presented themselvesas employees rose to meet them.Building blocks of the future continued to be constructedas everyone worked toward the goal of providing a betterpublic transit system, both for today and for the future.

TRAFFIC ACCIDENTSPER 100,000 MILES

PASSENGER ACCIDENTS PER1,000,000 PASSENGERS CARRIED THOUSANDS OF MILESOPERATED PER ACCIDENT

" '-- " "'" ,"'-I( ' ..!\.I , ., I," ," "'" '- 8

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1413

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10 AC Transit passengers rode safer than ever during the fiscal year , as new records were registered .


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MANAGEMENT

Alan L. BinghamGeneral Manager

Virginia DennisonPublic Information Manager

John A. KrajcarPurchases and StoresManager

Stanley O. PearceSuperintendent of Safetyand Training

(Robert J. ShamoonPersonnel Manager

..,;J. Dale GoodmanTransportation Manager

Anthony R. LucchesiMaintenance Manager

Warren E. RobinsonTransportation Engineer

Ozro D. GouldClaims Manager

Robert E. NisbetAttorney

Lawrence A. RosenbergDistrict Secretary andAdministrative ProjectsManager


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TA)

and 1975

plant and equipment, at cost (Note 0) :Property, plant and equipment acquiredOctober 1, 1960Less accumulated depreciationOther property and equipment:Revenue equipmentShop, office and other equipment , servicevehicles and building improvements

Less accumulated depreciationTotal property, plant and equipment

assets:Cash:On hand and in commercial accountsTime depositsShort-term investments, at amortizedcost (approximates market)Receivables :Federal operating assistance (Note C)Property tax proceeds, charter serviceand otherMaterials and supplies , at costPrepaid expenses

Total current assets

obligation bonds, due serially to1980 at various interest rates (1 % to 3.25%),less amounts due within one year

l iabilities:Accounts payableSa laries and wagesAccrued payroll taxes and amountswithheld from employeesAccrued pension costs (Note A)Accrued interest on bonded debtUnredeemed tickets and tokensSelf-insurance reserves (Note A) :Public liability and property damageWorkmen's compensationAmount due within one yearon general obligation bondsTotal current l iabilities

Capital (Notes A and F):District equityFederal contributed capitalTotal capital

See accompanying notes.

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1976

$ 5,621,8822,805,3362,816,546

27,749,8862,264,148

30,014,03414,468,39315,545,64118,362,187

1,142,3676,117,3627,259,7294,499,9926,868,3571,344,589479,24973,753

20,525,669$38,887,856

$ 4,700,000891,490869,338330,1125,013,54451,250153,531529,000669,000

1,000,0009,507,265

15,478,9619,201,63024,680,591

$38,887,856

1975

$ 5,884 ,3063,023,9112,860 ,395

24,964,2491,744,093

26,708,34212,790,46213,917,88016,778,275

405 ,8115,375,0005,780,8114,796 ,1 61

977,3381,392,458406 ,68973,090

13,426,547$30,204,822

$ 5,700,000772,665699 ,991274,8183,112,39161 ,650155,678451,000758,000975,000

7,261 ,1939,910 ,1357,333,494

17,243 ,629$30 ,204,822

ALAMEDA-CONTRA COSTATRANSIT DISTR ICTNOTES TO COMBINEDFINANCIAL STATEMENTSJune 30, 1976A. Summary of accounting polic iesBasis of presentationThe accompanying financial statementsinclude the combined financial position, resultsof operations and changes in financial positionof Alameda-Contra Costa Transit District ,Speci al Transit Service Districts No .1 and No.2and other areas in which the Distr ict providestransit service .

In November, 1974, the electorate of thecities of Fremont and Newark approvedannexation to the Dist rict and the establishmenof Special Transit Service District No. 2,effective July 1, 1975. The District hadpreviously provided transit service in SpecialTransit Service District No. 1 which includesportions of Alameda and Contra CostaCounties . From November, 1974 through June ,1975, the District operated contract transitservice for the c it ies of Fremont and Newark.Operating revenues, property taxes, localtransportation funds and federal operatingassistance appl icable to each special t rans itservice district are separately accounted for andused to provide for the cost of transit service inthat service distr ict.

The District has also contracted to providetrans it service for the Bay Area Rapid TransitDistrict and several other local cities . Theallocated cost of providing such service, lessrelated operat ing revenue , local transportationfunds and federal operating ass istance , arereimbursed by each entity and recorded ascontra9t service revenue .Property, plant and equipmentProperty, plant and equipment, acquiredOctober 1, 1960 from Key System Transit Li nesand its parent , Bay Area Publ ic ServiceCorporation, is being amortized on a compositebasis over assigned lives which range from tento thirty-five years .Other property is depreciated on thestraight-line method over the estimated usefullives of the assets which are as follows :

Revenue equ ipment(buses)Shop, office and otherequipmentBuilding improvementsSelf-i nsurance reserves

15 year5 to 20 year27 and 30 year

The District is self-insured for public liabilityand property damage and workmen 'scompensation cla ims up to $75,000 for anyoneoccurrence. Claims in excess of these amountsare insured with commercial carriers . It is theDistrict's policy to provide, in each period,reserves to cover the estimated charges for theself-insured portion of these claims .

PensionsThe District has a pension plan covering allunion employees and provides similarretirement benefits for nonunion employees. Inaccordance with the terms of the currentagreement with the Amalgamated Trans it Unionannual contributions (provisions in the financiastatements) by the District to the un ion plan areto be made at the discretion of the District ,except that they shall not be less than$552,000. The pension provisions (1976 -$2,684,000 and 1975 - $1,762,000) are basedprincipally on percentages of gross payroll asreviewed annually by the Board of Directors .Effective July 1, 1976, the District hasadopted a contribution program which willprovide for normal cost of the plans and


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amortize unfunded prior service cost over aperiod of forty years in accordance withgenerally accepted accounting principles. Underthis program, the pension provision for 1977 isexpected to be approximately $4 ,300 ,000.Funding practices in effect in 1976 and prioryears postponed the funding of future pensionliabilit ies beyond the period generally used byactuaries and resulted in provisions which wereless than the minimum amounts as determinedunder generally accepted accounting principles .Based on the latest actuarial valuations, theprovisions for pensions for 1976 and 1975 areestimated to be respectively $1,000,000 and$1,600,000 less than the minimum provision as

determined under generally acceptedaccounting principles.The unfunded prior service cost of the plansat December 31, 1975, the date of the mostrecent actuarial valuations, was approximately$34,500,000 and the actuarially computed valueof unfunded vested benefits was approximately$22,700,000.For 1977 and subsequent years , the Districtwill be eligible to receive an apportionment oflocal transportation funds (Note B) only if thepension plans are fully funded or if the Districtcontinues to implement a plan, approved by theMetropolitan Transportation Commission, whichwill fully fund the plans within a forty yearperiod.Federal contributed capitalThe District periodically receives federalgrants from the Urban Mass TransportationAdministration of the U.S. Department ofTransportation for the acquisition of buses andother equipment and improvements. Federalgrant funds received , less the related portion ofdepreciation on the assets , is credited to federalcontributed capital. Changes in federalcontributed capital for the years ended June 30,1976 and 1975 are as follows:

1976 1975Balance atbeginning of year $7 ,333,494 $3,941,080Federal grantfunds received 2,519,845 3,832,381Depreciationcharges includedin operatingexpenses,transferred fromDistrict equity (651,709) (439,967)

Balance atend of year $9,201,630 $7,333,494B. Local transportation fundsPursuant to the Transportation DevelopmentAct of 1971 , the District has received anapportionment of local transportation fundsgenerated within Alameda and Contra CostaCounties to meet, in part , its operating andcapital requirements. The funds are apportionedbased on an annual claim filed by the Districtand approved by the MetropolitanTransportation Commission.

Local transportation funds for capitalacquisitions in 1976 ($696,487) representprincipally amounts received from the Bay AreaRapid Transit District (BAR.T.D .) for the localshare of the cost of buses to be used inproviding contract service. The remaining costof the buses was provided by federal capitalgrant funds.C. Federal operating assistanceThe District was allocated a total of up to$6,934,566 of federal operating assistance forthe periods ending June 30, 1976 and 1975pursuant to Section 5 of the Urban MassTransportation Act of 1964, as amended by theMass Transportation Assistance Act of 1974.The estimated reimbursement for eligible

operating expenses during the periods (1976 -$5,891,019 and 1975 - $977,338) have beenaccrued and are subject to final audit by theMetropolitan Transportation Commission andthe Urban Mass Transportation Administration.The federal funds are apportioned to thelocal urbanized area and are distributed toindividual transit operators by the MetropolitanTransportation Commission after approval bythe Urban Mass Transportation Administration.

D. Federal capital grantsThe District has four grant contracts inprocess with the Urban Mass TransportationAdministration which provide federal funds forthe acquisition of buses and other equipmentand improvements through 1977. Budgetedcap ital additions applicable to the grant projectsare $30,331 ,937. The related federalparticipation is $22,542 ,574 of which$9,747,814 had been received at June 30,1976. At June 30, 1976, in connection withthese projects, the District has committed topurchase equipment at a cost of approximately$1,596,000.

At June 30, 1976, buses and otherequipment with a cost of $16,207 ,000 had beenpurchased under federal grant contracts . Underthe terms of the grants, proceeds fromContinued on Page 14

ALAMEDA-CONTRA COSTA TRANSIT DISTRICTCOMBINED STATEMENT OF REVENUE,EXPENSE AND CAPITAL (NOTE A)Years ended June 30, 1976 and 1975Operating revenue:FaresContract service (Note A)CharterAdvertisingInterestOther operations

Operating expense:TransportationMaintenanceDepreciation and amortization (Note A)Operating taxes and licensesAdministrative and generalWelfare and pensions (Note A)Insurance and safetyPublic information and advertisingOperating lossNonoperating items:Proceeds from property taxesLocal transportation funds (Note B)Federal operating assistance (Note C)

Less:Provision for current year'sredemption of bond principalInterest and fees on bonded debtNet proceeds available foroperations

Increase in equity after provisionfor bond principal redemptionCapital:Balance at beginning of yearRestoration of provision for bondprinCipal redemption deducted aboveFederal grant funds for capitalacquisitions (Note D)Local transportation funds forcapital acquisitions (Note B)

Balance at end of yearSee accompanying notes.

1976

$15,393,5681,973,894654,589248,081317 ,93578,14718,666,21428,216,6954,962,2501,721 ,9551,599,4602,772,3715,323,3931,385,893418,20846,400,22527,734,01119,379,9166,846,7685,891,019

(995,830)(163,062)30,958 ,811

3,224 ,80017,243,629

995 ,8302,519,845

696,487$24,680,591

1975

$12 ,529,1,251 ,8567,3180,9507,0161 ,515,198,122 ,135,03,866,41,759,01,371 ,02,120,23,761,81,555,6368,636,938 ,121 ,740,017,062,76,216,7977,3

(966,6(193,923,096 ,

1,356,11 ,088 ,

966 ,63,832,3

$17,243,


14/16


15/16


16/16

/lCTransit

508 16th StreetOakland, California 94612

ac transit annual report 1975-1976

Documents