fy2011 monthly financial report (july 2010)july 2010 monthly financial report -- fy2011 operating...

Finance & Administration Committee

Information Item IV-C

September 16, 2010

FY2011 Monthly Financial Report

(July 2010)

Washington Metropolitan Area Transit Authority

Fiscal 2011 Financials

Monthly Financial Report

July 2010

WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY MONTHLY FINANCIAL REPORT

FY2011 July 2010

_________________________________________________________________

REPORT SECTIONS

Operating Budget

• Revenue • Ridership • Expense

Capital Finances

• Revenues • Costs • Projects

Outstanding Debt

Appendix Operating budget variances, by mode Ridership analysis Capital expenditures, by project

Capital budget and expenditures, Metro Matters and ARRA Transit Infrastructure Investment Fund

Jurisdictional balances on account Grant Activity (July 2010)

Washington Metropolitan Area Transit Authority July 2010 Monthly Financial Report -- FY2011

OPERATING BUDGET Summary For FY2011, the Metro Board approved a fare increase across all modes, along with several innovative changes to the Metro fare structure. The fare changes are budgeted to increase operating revenues by $108.8 million in FY2011, including $82.2 million in rail revenue, $24.7 million in bus revenue, $1.2 million in MetroAccess revenue and $0.7 million from other sources. The recently approved fare increase was implemented on June 27, 2010; July was the first full month of implementation. For this first month, not all components of the fare changes were fully completed. Technology and policy changes had to be implemented in order to support the changeover of Metro’s fare collection systems from the Unified Fare Technology System (UFT) to Next-Fare Collection System (NCS). In addition to increases in the boarding and mileage charges, the maximum rail fare increased from $4.50 to $5.00, and peak period fares were extended to the period of midnight to closing on weekends. For the first time, the Board approved peak-of-the-peak pricing, an additional charge on weekdays of $0.20 between the hours of 7:30 AM to 9:00 AM and from 4:30 PM to 6:00 PM, based on the starting time of the rail trip. The implementation of peak-of-the-peak pricing increases the maximum charge of a rail trip from $4.50 in Fiscal 2010 to $5.20 in Fiscal 2011 for trips paid with a SmarTrip® card. For trips paid with paper farecards, an addition charge of $0.25 per trip was also adopted. Other structural changes include a reduction in the time allotted to make rail-to-bus and bus-to rail transfers from 3 to 2 hours, and changes in the prices of passes and other media, making the prices consistent with the increases in boarding charges. On Metrobus, the fare changes increased the boarding charge from $1.25 to $1.50 for Smartrip and from $1.35 to $1.70 for cash transactions, as well as increased the boarding charge on express buses. Changes to Senior, Disabled and student fares were also implemented. In addition, the price of the One-Week bus pass increased from $11.00 to $15.00, ten times the approved bus boarding fare for Smartrip of $1.50. In July Metro also completed conversion of all rail stations and parking facilities to the Next Fare system. This conversion was necessary to implement several components of the FY2011 approved fares, including peak-of-the-peak pricing, and the $0.25 surcharge for paper farecards on the rail system. The fare increase was implemented in two parts, the first fare change occurred on June 27th for changes that could be supported in both in the legacy fare collection system of UFT and the new NCS. The additional changes of PM peak-of-the-peak pricing, additional changes to pass prices, and the implementation of the $0.25 cash/paper farecard


fare differential were implemented on August 1st. AM peak-of-the-peak pricing was implemented August 29th. Ridership July ridership reports are the product of combining the results of several different data source systems to report compressive ridership results for the month. In general, there does not appear to be any significant ridership decreases beyond anticipated trends caused by the recent fare increases. It should be noted that travel patterns generally change in very subtle way and over long periods of time. There has been only four weeks of ridership results for FY2011, and the data was generated by two different systems. As more data becomes available in the months ahead, staff will disaggregate ridership and revenue changes associated with the fare increase.

Average weekday rail ridership for June was 794,000 trips, a growth rate of almost two percent above the average for FY2010 of 780,500 trips, but one percent less than budget. Total ridership for the month of 20.2 million trips was two percent below the expected ridership of 20.5 million trips. Ridership fell below expectations on Saturday and Sunday during the month with average ridership on Saturday of 393,000 trips, 14 percent below budget, and Sunday ridership of 253,600 trips, almost six percent below budget. Metrobus ridership continued the trend of FY2010 of ridership considerably below projections. For the month, average weekday bus ridership was 414,100 trips, almost 8.2 percent below budget, and almost eight percent below the same period in FY2010. Total monthly ridership was 10.4 million trips, 1 million trips below the budgeted ridership and 11 percent below last year. Saturday and Sunday ridership fell below the previous year by 11 and six percent, respectively. The economy and

July 2009Actual Actual Budget Last Year Budget

TripsMetrorail 780,547 794,032 801,943 2% (1%)

Metrobus 449,755 414,100 451,153 (8%) (8%)MetroAccess 7,611 7,941 7,778 4% 2%

System Total 1,237,913 1,216,073 1,260,875 (2%) (4%)

Trips (Thousands)Metrorail 20,541 20,189 20,544 (2%) (2%)

Metrobus 11,660 10,398 11,442 (11%) (9%)MetroAccess 198 203 203 2% 0%

System Total 32,400 30,791 32,189 (5%) (4%)

Fiscal Year to Date Ridership Growth Rate

July 2010 Above/(Below)

Growth RateAverage Weekday Ridership


minimal change in unemployment continue to have an unfavorable impact on bus ridership. Revenues Rail passenger revenues in July were $51.4 million, a variance to the budget of $2.0 million, while bus passenger revenue had a variance of $0.7 million, with both variances tied to less than expected ridership for the month.

July 2009($ Millions) Actual Actual Budget

Revenue $64.6 $69.8 $73.7 ($3.9) -5%Expense $117.9 $115.9 $122.9 $7.0 6%Subsidy $53.3 $46.1 $49.1 $3.1 6%

Cost Recovery 55% 60% 60%

Revenue $64.6 $69.8 $73.7 ($3.9) -5%Expense $117.9 $115.9 $122.9 $7.0 6%Subsidy $53.3 $46.1 $49.1 $3.1 6%

Cost Recovery 55% 60% 60%

July 2010 Budget

Month to Date Budget Variance Variance

Year to Date Budget Variance Variance

Variance

Expenses Authority-wide operating expenses are favorable to budget by nearly $7 million for the month of July, the first month of the new fiscal year.

Total personnel expenses are under budget by $866,000. Straight time salary and wages are under budget by $1.7 million for the month due to continued vacancies, while overtime is $3.9 million over budget. Transit Infrastructure and Engineering Services is the primary driver in overtime with a $1.9 million variance due to vacation

Monthly Variance (000s)Salary $789Wages $907Overtime ($3,898)Fringe $1,336Services $4,024Materials & Supplies ($557)Fuel & Propulsion $2,201Utilities $1,929Casualty and Liability $26Leases $137Misc. $94

$6,987


coverage. In addition, bus and rail transportation are $1.6 million over budget for vacancies and leave. Fringe is $1.3 million under budget for the month. One reason is that healthcare is $788,000 under budget primarily due to lighter claims activity for CIGNA. The clothing and tool allowances are under budget by $412,000 due to timing difference between the budgeted amounts and when the expense will incur. Non-personnel expenses are under budget by a total of $7.9 million for the month. Services are under budget by $4 million; contract awards are slower than anticipated. Materials and supplies are over budget by $557,000 for the month, driven by expenditures for both bus and rail car parts. Propulsion and utilities are under budget for the month as a result of continued favorable pricing of electricity and diesel. Fuel was $2.2 million favorable and utilities were $1.9 million favorable. CAPITAL FINANCES Revenues The awarded amount includes federal grants, totaling $263 million. Revenue received to date is $285 million, and represents available cash on hand. The State and Local Contributions received total $78 million. Total revenue increased by $135 million due to the annual rollover. Costs The capital budget for FY2011 is $1,107 million. Capital spending through July is as follows: $466 million has been obligated of which $88 million has been expended. The FY2011 approved budget increased by $135 million with the annual roll-over. The appendix includes budget and spending data for each capital project.

Capital Revenues(dollars in millions) Received To be

CFA Budget Awarded to Date ReceivedFederal Grants 391$ -$ -$ 391$

State & Local Contributions 318 78 240 Miscellaneous 135 135

Subtotal 844$ -$ 213$ 631$

Other Programs Security - Federal Grants 61$ 61$ -$ 61$

ARRA - Federal Grants 202 202 72 130 Subtotal 263 263 72 191

Total 1,107$ 263$ 285$ 822$

FY2011


Capital Spending(dollars in millions)

Capital Improvement Program Budget Obligated Expended Unexpended Obl. Rate Exp. RateVehicles/Vehicles Parts 338$ 69$ 1$ 337$ 20% 0%

Rail System Infrastructure Rehab 112 65 1 111 58% 1%Maintenance Failities 73 12 1 72 16% 1%

Systems and Technology 85 32 0 85 37% 0%Track and Structure 76 17 1 76 22% 1%Passenger Facilities 98 65 1 97 67% 1%

Maintenance Equipment 44 5 0 44 10% 1%Other Facilities 12 6 - 12 47% 0%

Project Management and Support 5 0 0 5 8% 8%Subtotal 844$ 270$ 5$ 839$ 32% 1%

Security Program 61$ 4$ 1$ 60$ 7% 1%

ARRA ProgramVehicles and Vehicle Parts 51$ 50$ 50$ 0$ 100% 100%

Maintenance Facilities 59 57 10 49 97% 17%Passenger Facilities 20 19 4 15 96% 22%Safety and Security 12 10 8 3 88% 70%

Maintenance and Repair Equipment 26 21 4 23 79% 13%Operations System 25 24 3 22 98% 13%

Information Technology 9 9 2 7 100% 23%Miscellaneous 1 - - 1 0% 0%

Subtotal 202$ 191$ 82$ 119$ 95% 41%

Total 1,107$ 466$ 88$ 1,018$ 42% 8%

FY2011 Year to Date


Passenger Facilities Elevator & Escalator Report Major repairs were completed on escalators at the Prince George’s Plaza Metrorail station. Major repairs were ongoing at the Pentagon Metrorail station. No major repairs were initiated in July. Rehabilitation/modernizations were completed on escalators at the Bethesda, Gallery Place-Chinatown, and Virginia Square-GMU Metrorail stations; and started at the Gallery Place-Chinatown, Judiciary Square, Union Station, and Virginia Square-GMU Metrorail station. No elevator major repairs or rehabilitation/modernizations were in progress in July. Station Enhancement Report Metrorail station enhancements are ongoing at the Addison Road, Fort Totten (both the Red and Green Line portions), Prince George’s Plaza, and West Hyattsville Metrorail stations. Track and Structures Maintenance Red Line – Old crossties were replaced between the Shady Grove and Twinbrook Metrorail stations. Repairs to the platform at the Rockville Metrorail station were made as part of an effort to return it to a state of good repair. Maintenance is ongoing on the elevated tracks between the New York Avenue-Florida Avenue-Gallaudet U and Rhode Island Avenue-Brentwood Metrorail stations. New rail and crossties were also installed between these same two stations. Blue Line – Systems that support the concrete slabs underneath the rails between the Stadium-Armory and Addison Road-Seat Pleasant Metrorail stations were replaced in an effort to maintain reliable service. Rail fasteners were replaced between the Arlington Cemetery and Foggy Bottom-GWU Metrorail stations. Blue/Yellow Lines – Old rail fasteners were replaced between the Braddock Road and Pentagon City Metrorail stations. Crossties were installed and new rail was welded between the Braddock Road and Huntington Metrorail stations and the Braddock Road and Van Dorn Metrorail stations. Blue/Orange Lines – Work was ongoing to replace a rail switch at the Rosslyn Metrorail station. Orange Line – New rail was welded between the Stadium-Armory and Cheverly Metrorail stations.


OUTSTANDING DEBT Metro’s outstanding debt as of July 31, 2010 is $450.5 million, as shown in the table below. The Series 1993 and 2003 bonds were issued to fund the Rail Construction program. The Series 1993 bonds matured 7/1/2010 and the 2003 bonds are being repaid by semi-annual debt service payments from the jurisdictions. This annual debt service expense is reported as part of the operating budget and is always included on subsidy allocation tables. The Series 2003B bonds matured 7/1/2010. The bonds were issued to increase funding for capital rehabilitation and maintenance of elevators and escalators. The debt service expense was funded from passenger fare revenue. The FY2005 fare increase set aside $6 million per year in revenue to fund the debt service expense. These amounts were reported as part of the capital budget. The Series 2009A and 2009B bonds were issued to (i) pay off all of the $314.5 million in outstanding principal and interest due for Commercial Paper, and (ii) finance the capital cost components of the Metro Matters Program. The annual debt service expense will be paid by the jurisdictions that opted into the bond issuance. The $21.2 million annual debt service expense is reported as part of the capital budget and will be included on the subsidy allocation tables. The Commercial Paper Program was retired during June 2009 with proceeds of the Series 2009A bond issuance and a portion of the jurisdiction opt out receipts. A $125 million line of credit (LOC) with Wachovia, a $125 million line of credit with Bank of America and a $50 million line of credit with U.S. Bank fund operating and capital cash flow needs. Separately, the Metro entered into a multi-year $300 million credit facility to facilitate the Series 7000 rail car procurement.


Debt Type Outstanding Annual Maturity(dollars in million) Principal Debt Service Date

Bond Series 1993 $0.0 $0.0 FY2011Bond Series 2003 $75.9 $15.6 FY2015

Subtotal $75.9 $15.6

Bond Series 2003B $0.0 $0.0 FY 2011

Bond Series 2009A $237.3 $18.7 FY2033Bond Series 2009B $55.0 $2.5 FY2035

Subtotal $292.3 $21.2

Internal Borrowing $82.3 n/a MultipleWachovia LOC $0.0 Varies Jun-11

Bank of America LOC $0.0 Varies Jun-11US Bank LOC $0.0 Varies Jun-11

SMBC LOC $0.0 Varies Jun-15Subtotal $82.3

Grand Total $450.5

July 31, 2010


APPENDIX

• Operating Financials (budget variance report, by mode)

• Ridership analysis -- monthly

• Capital Project Financials

• Capital budget and expenditures, ARRA and Metro Matters

• Transit Infrastructure Investment Fund (TIIF)

• Jurisdictional balances on account

• Grant Activity (July 2010)

9/9/2010

Operating FinancialsJuly-10

FISCAL YEAR 2011Dollars in Millions

Prior Year Current Year Prior Year Current YearActual Actual Budget Actual Actual Budget

REVENUES:Passenger Revenue

$43.5 $51.4 $53.3 ($2.0) -4% Metrorail $43.5 $51.4 $53.3 ($2.0) -4%9.7 11.6 12.3 (0.7) -5% Metrobus 9.7 11.6 12.3 (0.7) -5%0.4 0.4 0.5 (0.1) -28% MetroAccess 0.4 0.4 0.5 (0.1) -28%4.1 3.5 4.0 (0.5) -13% Parking 4.1 3.5 4.0 (0.5) -13%

$57.7 $66.8 $70.1 ($3.3) -5% subtotal $57.7 $66.8 $70.1 ($3.3) -5%

Non-Passenger Revenue$0.1 $0.2 $0.2 ($0.0) 0% D.C. Schools $0.1 $0.2 $0.2 ($0.0) 0%0.0 0.0 0.0 0.0 0% Contract Bus 0.0 0.0 0.0 0.0 0%3.4 0.7 1.3 (0.6) -47% Advertising 3.4 0.7 1.3 (0.6) -47%0.6 0.4 0.5 (0.2) -30% Rent 0.6 0.4 0.5 (0.2) -30%1.1 1.1 1.2 (0.1) -8% Fiber Optic 1.1 1.1 1.2 (0.1) -8%0.5 0.7 0.4 0.2 62% Other 0.5 0.7 0.4 0.2 62%0.0 0.0 0.0 (0.0) -86% Interest 0.0 0.0 0.0 (0.0) -86%0.4 0.0 0.0 0.0 SE Closure 0.4 0.0 0.0 0.0 0.7 0.0 0.0 0.0 SCR Funding 0.7 0.0 0.0 0.0

$6.9 $3.0 $3.6 ($0.6) -17% subtotal $6.9 $3.0 $3.6 ($0.6) -17%

$64.6 $69.8 $73.7 ($3.9) -5% TOTAL REVENUE $64.6 $69.8 $73.7 ($3.9) -5%

EXPENSES:$61.8 $61.3 $59.1 ($2.2) -4% Salary/Wages/OT $61.8 $61.3 $59.1 ($2.2) -4%22.8 24.6 25.9 1.3 5% Fringe Benefits 22.8 24.6 25.9 1.3 5%11.9 11.6 15.7 4.0 26% Services 11.9 11.6 15.7 4.0 26%6.6 5.7 5.1 (0.6) -11% Supplies 6.6 5.7 5.1 (0.6) -11%8.7 7.3 9.5 2.2 23% Power/Diesel/CNG 8.7 7.3 9.5 2.2 23%6.1 5.4 7.6 2.2 29% Insurance/Utilities/Other 6.1 5.4 7.6 2.2 29%0.0 0.0 0.0 0.0 Reimbursements 0.0 0.0 0.0 0.0

$117.9 $115.9 $122.9 $7.0 6% TOTAL EXPENSE $117.9 $115.9 $122.9 $7.0 6%

$53.3 $46.1 $49.1 $3.1 6% SUBSIDY $53.3 $46.1 $49.1 $3.1 6%Favorable/(Unfavorable) Favorable/(Unfavorable)

55% 60% 60% COST RECOVERY RATIO 55% 60% 60%

MONTHLY RESULTS:

Variance

YEAR-TO-DATE RESULTS:

Variance

RAILOperating Financials

July-10FISCAL YEAR 2011

Dollars in Millions


REVENUES:$43.5 $51.4 $53.3 ($2.0) -4% Passenger Fares $43.5 $51.4 $53.3 ($2.0) -4%

0.1 0.1 0.1 (0.1) -47% D.C. Schools 0.1 0.1 0.1 (0.1) -47%4.1 3.5 4.0 (0.5) -13% Parking 4.1 3.5 4.0 (0.5) -13%1.2 0.2 0.4 (0.2) -47% Advertising 1.2 0.2 0.4 (0.2) -47%0.6 0.4 0.5 (0.2) -30% Rent 0.6 0.4 0.5 (0.2) -30%1.1 1.1 1.2 (0.1) -8% Fiber Optic 1.1 1.1 1.2 (0.1) -8%0.1 0.3 0.3 0.1 36% Other 0.1 0.3 0.3 0.1 36%0.0 (0.0) 0.0 (0.0) -152% Interest 0.0 (0.0) 0.0 (0.0) -152%0.1 0.0 0.0 0.0 SCR Funding 0.1 0.0 0.0 0.0

$50.9 $57.0 $59.9 ($3.0) -5% TOTAL REVENUE $50.9 $57.0 $59.9 ($3.0) -5%

EXPENSES:$37.7 $37.0 $34.9 ($2.1) -6% Salary/Wages/OT $37.7 $37.0 $34.9 ($2.1) -6%13.6 14.5 15.0 0.5 3% Fringe Benefits 13.6 14.5 15.0 0.5 3%5.4 2.4 4.9 2.4 50% Services 5.4 2.4 4.9 2.4 50%3.4 3.3 3.0 (0.4) -13% Supplies 3.4 3.3 3.0 (0.4) -13%5.8 4.4 6.1 1.7 28% Power/Diesel/CNG 5.8 4.4 6.1 1.7 28%4.5 3.7 5.5 1.7 32% Insurance/Utilities/Other 4.5 3.7 5.5 1.7 32%0.0 0.0 0.0 0.0 Reimbursements 0.0 0.0 0.0 0.0

$70.6 $65.3 $69.2 $3.9 6% TOTAL EXPENSE $70.6 $65.3 $69.2 $3.9 6%

$19.6 $8.4 $9.3 $0.9 10% SUBSIDY $19.6 $8.4 $9.3 $0.9 10%

Favorable/(Unfavorable) Favorable/(Unfavorable)


Variance Variance

MONTHLY RESULTS: YEAR-TO-DATE RESULTS:

METROBUSOperating Financials


Dollars in Millions


REVENUES:$9.7 $11.6 $12.3 ($0.7) -5% Passenger Fares $9.7 $11.6 $12.3 ($0.7) -5%0.0 0.1 0.0 0.1 205% D.C. Schools 0.0 0.1 0.0 0.1 205%2.2 0.4 0.8 (0.4) -47% Advertising 2.2 0.4 0.8 (0.4) -47%0.1 0.2 0.1 0.1 48% Other 0.1 0.2 0.1 0.1 48%0.0 0.0 0.0 0.0 30% Interest 0.0 0.0 0.0 0.0 30%0.4 0.0 0.0 0.0 SE Closure 0.4 0.0 0.0 0.0 0.6 0.0 0.0 0.0 SCR Funding 0.6 0.0 0.0 0.0

$13.1 $12.4 $13.3 ($0.9) -7% TOTAL REVENUE $13.1 $12.4 $13.3 ($0.9) -7%

EXPENSES:$23.7 $24.0 $24.0 $0.0 0% Salary/Wages/OT $23.7 $24.0 $24.0 $0.0 0%

9.0 9.9 10.9 0.9 8% Fringe Benefits 9.0 9.9 10.9 0.9 8%(0.3) 1.2 2.6 1.4 53% Services (0.3) 1.2 2.6 1.4 53%

3.2 2.3 2.2 (0.2) -9% Supplies 3.2 2.3 2.2 (0.2) -9%2.9 2.9 3.4 0.5 15% Power/Diesel/CNG 2.9 2.9 3.4 0.5 15%1.6 1.6 2.0 0.4 21% Insurance/Utilities/Other 1.6 1.6 2.0 0.4 21%0.0 0.0 0.0 0.0 Reimbursements 0.0 0.0 0.0 0.0

$40.1 $42.0 $45.0 $3.0 7% TOTAL EXPENSE $40.1 $42.0 $45.0 $3.0 7%

$27.0 $29.6 $31.7 $2.1 7% SUBSIDY $27.0 $29.6 $31.7 $2.1 7%



Variance Variance


REGIONAL BUSOperating Financials


Dollars in Millions


REVENUES:$8.2 $9.6 $10.2 ($0.5) -5% Passenger Fares $8.2 $9.6 $10.2 ($0.5) -5%0.0 0.1 0.0 0.1 205% D.C. Schools 0.0 0.1 0.0 0.1 205%2.2 0.4 0.8 (0.4) -47% Advertising 2.2 0.4 0.8 (0.4) -47%0.1 0.2 0.1 0.1 48% Other 0.1 0.2 0.1 0.1 48%0.0 0.0 0.0 0.0 30% Interest 0.0 0.0 0.0 0.0 30%0.4 (0.0) (0.0) 0.0 0% SE Closure 0.4 (0.0) (0.0) 0.0 0%0.6 0.0 0.0 0.0 SCR Funding 0.6 0.0 0.0 0.0

$11.6 $10.4 $11.2 ($0.8) -7% TOTAL REVENUE $11.6 $10.4 $11.2 ($0.8) -7%

EXPENSES:$19.9 $19.4 $19.4 $0.0 0% Salary/Wages/OT $19.9 $19.4 $19.4 $0.0 0%

7.6 8.1 8.8 0.7 8% Fringe Benefits 7.6 8.1 8.8 0.7 8%(0.2) 1.0 2.1 1.1 53% Services (0.2) 1.0 2.1 1.1 53%

2.7 1.9 1.7 (0.2) -9% Supplies 2.7 1.9 1.7 (0.2) -9%2.4 2.3 2.8 0.4 15% Power/Diesel/CNG 2.4 2.3 2.8 0.4 15%1.3 1.3 1.6 0.3 21% Insurance/Utilities/Other 1.3 1.3 1.6 0.3 21%0.0 0.0 0.0 0.0 Reimbursements 0.0 0.0 0.0 0.0

$33.6 $34.0 $36.4 $2.5 7% TOTAL EXPENSE $33.6 $34.0 $36.4 $2.5 7%

$22.1 $23.6 $25.3 $1.7 7% SUBSIDY $22.1 $23.6 $25.3 $1.7 7%



Variance Variance


NON-REGIONAL BUSOperating Financials


Dollars in Millions



.0 .0 .0 .0 0% 08 Fare Inc. .0 .0 .0 .0 0%

.0 .0 .0 .0 0% SE Closure .0 .0 .0 .0 0&%$1.5 $2.0 $2.1 ($0.1) -5% TOTAL REVENUE $1.5 $2.0 $2.1 ($0.1) -5%

EXPENSES:$3.8 $4.6 $4.6 $0.0 0% Salary/Wages/OT $3.8 $4.6 $4.6 $0.0 0%1.4 1.9 2.1 0.2 8% Fringe Benefits 1.4 1.9 2.1 0.2 8%

(0.0) 0.2 0.5 0.3 53% Services (0.0) 0.2 0.5 0.3 53%0.5 0.4 0.4 (0.0) -9% Supplies 0.5 0.4 0.4 (0.0) -9%0.5 0.6 0.6 0.1 15% Power/Diesel/CNG 0.5 0.6 0.6 0.1 15%0.3 0.3 0.4 0.1 21% Insurance/Utilities/Other 0.3 0.3 0.4 0.1 21%.0 .0 .0 .0 Reimbursements .0 .0 .0 .0

$6.4 $8.0 $8.6 $0.6 7% TOTAL EXPENSE $6.4 $8.0 $8.6 $.6 7%

$4.9 $6.0 $6.4 $0.5 7% SUBSIDY $4.9 $6.0 $6.4 $0.5 7%



Variance Variance


METROACCESSOperating Financials


Dollars in Millions



.3 .1 .0 .1 Other .3 .1 .0 .1 $0.6 $0.4 $0.5 ($0.0) -10% TOTAL REVENUE $0.6 $0.4 $0.5 ($0.0) -10%

EXPENSES:$0.4 $0.4 $0.3 ($0.1) -34% Salary/Wages/OT $0.4 $0.4 $0.3 ($0.1) -34%0.2 0.2 0.1 (0.0) -35% Fringe Benefits 0.2 0.2 0.1 (0.0) -35%6.7 8.0 8.2 0.2 2% Services 6.7 8.0 8.2 0.2 2%0.0 0.0 0.0 0.0 65% Supplies 0.0 0.0 0.0 0.0 65%0.0 0.1 0.1 0.0 28% Insurance/Utilities/Other 0.0 0.1 0.1 0.0 28%

$7.3 $8.6 $8.7 $0.1 1% TOTAL EXPENSE $7.3 $8.6 $8.7 $0.1 1%

$6.6 $8.1 $8.2 $0.0 1% SUBSIDY $6.6 $8.1 $8.2 $0.0 1%



Variance Variance


[ FY08 ] [ FY09 ] [ FY10 ] [ FY08 ] [ FY09 ] [ FY10 ]

$0.60

$0.65

$0.70

$0.75

$0.80

$0.85

$0.90

$0.95

$1.00

[ FY08 ] [ FY09 ] [ FY10 ]

Bus Average Fare (Monthly)Budget Actual

($1.0)

($0.5)

$0.0

$0.5

$1.0

$1.5

$ M

illio

ns

Revenue Variance Due to Average Fare

($3.5)

($3.0)

($2.5)

($2.0)

($1.5)

($1.0)

($0.5)

$0.0

$0.5

$1.0

$ M

illio

ns

Revenue Variance Due to Ridership

6

7

8

9

10

11

12

13

Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun

Trip

s (M

illio

ns)

Bus Ridership (Monthly)Prior Yr Budget Actual

[ FY08 ] [ FY09 ] [ FY10 ] [ FY08 ] [ FY09 ] [ FY10 ]

$1.80

$1.90

$2.00

$2.10

$2.20

$2.30

$2.40

$2.50

[ FY08 ] [ FY09 ] [ FY10 ]

Rail Average Fare (Monthly)Budget Actual

($4.0)

($3.0)

($2.0)

($1.0)

$0.0

$1.0

$2.0

$3.0

$4.0

$ M

illio

ns

Revenue Variance Due to Average Fare

($3.5)

($2.5)

($1.5)

($0.5)

$0.5

$1.5

$2.5

$3.5

$4.5

$ M

illio

ns

Revenue Variance Due to Ridership

13 14 15 16 17 18 19 20 21 22


Trip

s (M

illio

ns)

Rail Ridership (Monthly)PriorYr Budget Actual

[ FY08 ] [ FY09 ] [ FY10 ] [ FY08 ] [ FY09 ] [ FY10 ]

$0.50

$1.00

$1.50

$2.00

$2.50

$3.00

$3.50

$4.00

[ FY08 ] [ FY09 ] [ FY10 ]

MetroAccess Average Fare (Monthly)Budget Actual

($120,000)

($90,000)

($60,000)

($30,000)

$0

$30,000 Revenue Variance Due to Average Fare

($80,000)

($60,000)

($40,000)

($20,000)

$0

$20,000

$40,000

$60,000

$80,000

$100,000 Revenue Variance Due to Ridership

130,000

150,000

170,000

190,000

210,000

230,000


Trip

s

MetroAccess Ridership (Monthly)Prior Yr Budget Actual

[ FY08 ] [ FY 09 ] [ FY10 ] [ FY08 ] [ FY 09 ] [ FY10 ]

$2.65

$2.90

$3.15

$3.40

$3.65

$3.90

[ FY08 ] [ FY09 ] [ FY10 ]

Parking Average Fee (Monthly)Budget Actual

($300,000)

($200,000)

($100,000)

$0

$100,000

$200,000 Revenue Variance Due to Average Fee

($1,200,000)

($1,000,000)

($800,000)

($600,000)

($400,000)

($200,000)

$0

$200,000

$400,000 Revenue Variance Due to Transaction

700,000

800,000

900,000

1,000,000

1,100,000

1,200,000

1,300,000


Parking Transactions (Monthly)Prior Yr Budget Actual

Capital Improvement Program - Fiscal Year 2011 Budget Obligated Expended Un-

Expended Obligation

RateExpend

Rate

A. Vehicles/ Vehicle PartsReplacement of Rail Cars

1000 Series Rail Car Replacement $79,253.3 $2,370.3 $197.4 $79,055.9 3.0% 0.2%Subtotal $79,253.3 $2,370.3 $197.4 $79,055.9 3.0% 0.2%

Replacement of BusesBus Replacement $82,692.8 $40,616.6 $184.9 $82,507.8 49.1% 0.2%

Subtotal $82,692.8 $40,616.6 $184.9 $82,507.8 49.1% 0.2%

Rehabilitation of Rail Cars1000 Series Rail Car HVAC Rehabilitation $6,749.8 $130.2 $10.6 $6,739.2 1.9% 0.2%2000/3000 Series Rail Car Mid-Life Rehabilitation 6,080.8 2,789.1 8.1 6,072.7 45.9% 0.1%Rail Car Safety & Reliability Enhancements 15,892.9 8,683.1 145.2 15,747.7 54.6% 0.9%Rail Rehabilitation Program 14,992.9 2,925.9 38.1 14,954.8 19.5% 0.3%Rail Preventive Maintenance 40,861.1 1,222.1 101.8 40,759.3 3.0% 0.2%

Washington Metropolitan Area Transit AuthorityCapital Project Financials

Fiscal 2011 - July 2010Dollars in Thousands

Rail Preventive Maintenance 40,861.1 1,222.1 101.8 40,759.3 3.0% 0.2%Subtotal $84,577.5 $15,750.4 $303.8 $84,273.7 18.6% 0.4%

Rehabilitation of BusesBus Rehabilitation Program $24,400.8 $729.8 $60.8 $24,340.0 3.0% 0.2%Bus Repairables 8,896.8 1,933.8 33.3 8,863.5 21.7% 0.4%Bus Preventive Maintenance 21,471.2 642.2 15.6 21,455.5 3.0% 0.1%

Subtotal $54,768.8 $3,305.8 $109.8 $54,659.0 6.0% 0.2%

Replacement of MetroAccess VehiclesMetroAccess Fleet Replacement $11,569.1 $482.9 $28.5 $11,540.7 4.2% 0.2%

Subtotal $11,569.1 $482.9 $28.5 $11,540.7 4.2% 0.2%

Replacement of Service VehiclesService Vehicle Replacement $2,061.7 $61.7 $5.1 $2,056.5 3.0% 0.2%

Subtotal $2,061.7 $61.7 $5.1 $2,056.5 3.0% 0.2%

Rail Car Fleet Expansion6000 Series Rail Car Procurement $11,224.1 $3,590.9 $20.1 $11,204.0 32.0% 0.2%

Subtotal $11,224.1 $3,590.9 $20.1 $11,204.0 32.0% 0.2%

Bus EnhancementsAutomatic Vehicle Location Equipment Replacement $9,418.7 $281.7 $23.5 $9,395.2 3.0% 0.2%Bus Camera Installation 2,340.6 2,340.6 0.0 2,340.6 100.0% 0.0%

Subtotal $11,759.3 $2,622.3 $23.5 $11,735.9 22.3% 0.2%

Total: Vehicles/ Vehicle Parts $337,906.5 $68,800.9 $873.1 $337,033.4 20.4% 0.3%


Expended Obligation

RateExpend

Rate



B. Rail System Infrastructure RehabilitationRail Line Segment Rehabilitation

Rail Rehabilitation Tier 1: Dupont to Silver Spring $76,941.2 $63,953.2 $173.3 $76,767.9 83.1% 0.2%Rail Rehabilitation Tier 1: National Airport to Stadium Armory 34,894.7 1,381.7 86.1 34,808.7 4.0% 0.2%

Subtotal $111,835.9 $65,334.9 $259.3 $111,576.6 58.4% 0.2%

Total: Rail System Infrastructure Rehabilitation $111,835.9 $65,334.9 $259.3 $111,576.6 58.4% 0.2%

C. Maintenance FacilitiesRehabilitation and Replacement of Bus Garages

Royal Street Bus Garage Replacement (Cinder Bed Road) $16,595.3 $4,372.6 $741.3 $15,854.0 26.3% 4.5%Southeastern Bus Garage Replacement (DC Village) 5,732.4 171.4 14.3 5,718.2 3.0% 0.2%Southern Avenue Bus Garage Replacement 10,533.0 315.0 26.2 10,506.8 3.0% 0.2%

Subtotal $32,860.8 $4,859.1 $781.9 $32,078.9 14.8% 2.4%

Maintenance of Bus GaragesBus Garage Facility Repairs Tier 1: Western, Northern and Landover $18,878.6 $564.6 $47.0 $18,831.6 3.0% 0.2%

Subtotal $18,878.6 $564.6 $47.0 $18,831.6 3.0% 0.2%

Maintenance of Rail YardsRail Yard Facility Repairs Tier 1: Alexandria, Brentwood and New Carrollton $296.6 $296.6 $0.0 $296.6 100.0% 0.0%

Subtotal $296.6 $296.6 $0.0 $296.6 100.0% 0.0%

Rail Maintenance FacilitiesTest Track & Commissioning Facility $5,154.2 $154.2 $12.8 $5,141.3 3.0% 0.2%

Subtotal $5,154.2 $154.2 $12.8 $5,141.3 3.0% 0.2%

Environmental Compliance ProjectsEnvironmental Compliance Projects $622.6 $18.6 $10.3 $612.4 3.0% 1.6%Underground Storage Tank Replacement 2,134.8 63.8 5.3 2,129.5 3.0% 0.2%

Subtotal $2,757.5 $82.5 $15.6 $2,741.9 3.0% 0.6%Maintenance Bus and Rail Facilities

Support Equipment - MTPD $4,601.1 $3,586.2 $2.6 $4,598.5 77.9% 0.1%Financial Planning, Project Administration, and System Wide Infrastructure Upgrades 3,337.9 1,230.5 5.8 3,332.1 36.9% 0.2%

Subtotal $7,938.9 $4,816.7 $8.3 $7,930.6 60.7% 0.1%

Expansion of Bus GaragesBladensburg Shop Reconfiguration $3,092.5 $92.5 $7.7 $3,084.8 3.0% 0.2%Bus Garage Capacity Enhancements 2,215.9 690.1 3.9 2,212.1 31.1% 0.2%

Subtotal $5,308.4 $782.6 $11.6 $5,296.8 14.7% 0.2%

Total: Maintenance Facilities $73,195.0 $11,556.2 $877.2 $72,317.7 15.8% 1.2%


Expended Obligation

RateExpend

Rate



D. Systems and TechnologyPower System Upgrades - Rail

8-Car Train Power Upgrades $4,123.3 $123.3 $10.3 $4,113.0 3.0% 0.2%Subtotal $4,123.3 $123.3 $10.3 $4,113.0 3.0% 0.2%

Operations Support SoftwareBus & Rail Asset Management Software $2,722.1 $1,445.6 $2.8 $2,719.3 53.1% 0.1%Bus Operations Support Software 3,905.8 1,905.8 5.1 3,900.7 48.8% 0.1%Customer & Regional Integration 9,629.8 5,260.6 10.7 9,619.1 54.6% 0.1%Data Centers and Infrastructures 10,335.0 3,351.0 18.5 10,316.5 32.4% 0.2%Enterprise Geographic Information System 2,318.9 598.7 5.1 2,313.8 25.8% 0.2%Network and Communications 3,584.4 579.9 22.7 3,561.7 16.2% 0.6%Network Operations Center (NOC) 1,936.9 57.9 4.8 1,932.1 3.0% 0.2%Rail Mileage Based Asset Management 4,123.3 123.3 0.0 4,123.3 3.0% 0.0%Rail Operations Support Software 2,949.4 715.4 5.7 2,943.7 24.3% 0.2%

Subtotal $41 505 8 $14 038 3 $75 5 $41 430 2 33 8% 0 2%Subtotal $41,505.8 $14,038.3 $75.5 $41,430.2 33.8% 0.2%

Business Support Software & EquipmentCurrency Processing Machines $1,014.3 $30.3 $2.5 $1,011.8 3.0% 0.2%Customer Electronic Communications & Outreach 2,811.6 1,179.5 3.9 2,807.7 42.0% 0.1%Document Management System 1,546.2 46.2 3.9 1,542.4 3.0% 0.2%Management Support Software 9,002.6 6,163.3 144.2 8,858.4 68.5% 1.6%Metro IT OneStop and Office Automation 4,214.4 2,460.6 6.9 4,207.5 58.4% 0.2%Police Portable Radio Replacement 670.0 20.0 1.7 668.4 3.0% 0.2%Sensitive Data Protection Technology 6,660.8 2,769.3 11.2 6,649.6 41.6% 0.2%

Subtotal $25,920.0 $12,669.3 $174.1 $25,745.8 48.9% 0.7%Rail Fare Equipment

Debit/Credit Processing Requirements $1,907.0 $57.0 $4.8 $1,902.3 3.0% 0.2%Ethernet Wiring for Rail Fare Machines 1,340.1 40.1 3.3 1,336.7 3.0% 0.2%Improvements to Coin Collection Machines 2,276.1 68.1 5.7 2,270.4 3.0% 0.2%Integrating regional NEXTFARE System 6,624.8 4,748.8 4.5 6,620.3 71.7% 0.1%Open Bankcard and Automatic Fare Collection Systems 1,546.2 46.2 3.9 1,542.4 3.0% 0.2%

Subtotal $13,694.2 $4,960.2 $22.1 $13,672.1 36.2% 0.2%

Total: Systems and Technology $85,243.2 $31,791.2 $282.0 $84,961.3 37.3% 0.3%


Expended Obligation

RateExpend

Rate



E. Track and StructuresTrack Rehabilitation

Track Fasteners $2,061.7 $61.7 $5.1 $2,056.5 3.0% 0.2%Track Floating Slab Rehabilitation 1,780.8 104.8 36.0 1,744.9 5.9% 2.0%Track Pad/Shock Absorber Rehabilitation 4,510.4 250.1 0.0 4,510.4 5.5% 0.0%Track Rehabilitation 53,067.2 10,910.1 839.3 52,227.9 20.6% 1.6%Track Structural Rehabilitation 2,910.6 656.9 9.8 2,900.8 22.6% 0.3%Cheverly Abutment 7,407.4 4,307.4 8.0 7,399.4 58.1% 0.1%Track Welding Program 1,466.9 43.9 7.7 1,459.1 3.0% 0.5%

Subtotal $73,204.9 $16,334.8 $905.9 $72,299.0 22.3% 1.2%

Station/Tunnel RehabilitationStation/Tunnel Leak Mitigation $3,215.5 $249.5 $9.1 $3,206.5 7.8% 0.3%

Subtotal $3,215.5 $249.5 $9.1 $3,206.5 7.8% 0.3%

Total: Track and Structures $76,420.4 $16,584.4 $915.0 $75,505.4 21.7% 1.2%

F. Passenger FacilitiesElevator/Escalator Facilities

Elevator Rehabilitation $2,426.4 $146.4 $16.8 $2,409.6 6.0% 0.7%Elevator/Escalator Repairables 4,329.5 129.5 10.8 4,318.7 3.0% 0.2%Escalator Rehabilitation 6,515.9 1,960.4 521.7 5,994.2 30.1% 8.0%

Subtotal $13,271.7 $2,236.3 $549.3 $12,722.4 16.8% 4.1%

Maintenance of Rail Station FacilitiesSystem-wide Infrastructure Rehabilitation $67,687.6 $61,583.0 $14.9 $67,672.7 91.0% 0.0%Station Rehabilitation Program 7,759.1 232.1 19.3 7,739.7 3.0% 0.2%

Subtotal $75,446.6 $61,815.1 $34.2 $75,412.4 81.9% 0.0%

Bicycle & Pedestrian FacilitiesBicycle & Pedestrian Facilities: Capacity Improvements $976.2 $29.2 $2.4 $973.8 3.0% 0.2%Replacement of Bicycle Racks & Lockers 456.7 13.7 1.1 455.5 3.0% 0.2%

Subtotal $1,432.9 $42.9 $3.6 $1,429.3 3.0% 0.2%

Rail Station: Capacity/EnhancementsCore & System Capacity Project Development $515.4 $15.4 $1.3 $514.1 3.0% 0.2%

Subtotal $515.4 $15.4 $1.3 $514.1 3.0% 0.2%

Bus Priority Corridor ImprovementsBus Priority Corridor Network Enhancements $6,132.8 $1,361.9 $5.1 $6,127.7 22.2% 0.1%

Subtotal $6,132.8 $1,361.9 $5.1 $6,127.7 22.2% 0.1%


Expended Obligation

RateExpend

Rate



Rail Station EquipmentPolice Emergency Management Equipment $914.3 $27.3 $2.3 $912.1 3.0% 0.2%

Subtotal $914.3 $27.3 $2.3 $912.1 3.0% 0.2%

Total: Passenger Facilities $97,713.8 $65,498.8 $595.8 $97,118.0 67.0% 0.6%

G. Maintenance EquipmentRail Maintenance Equipment

FCC Radio Frequency Communication Changes $176.3 $5.3 $0.4 $175.8 3.0% 0.2%Geometry Vehicle 2,905.2 2,358.2 1.4 2,903.8 81.2% 0.0%NTSB Recommendations 10,308.3 308.3 25.7 10,282.6 3.0% 0.2%Rail Shop Repair Equipment 2,164.7 64.7 5.4 2,159.3 3.0% 0.2%Replacement of Rail Track Signage 1,083.9 99.9 15.4 1,068.5 9.2% 1.4%Switch Machine Rehabilitation Project 908.2 27.2 2.3 905.9 3.0% 0.2%Track Maintenance Equipment 17 981 9 1 206 9 43 1 17 938 8 6 7% 0 2%Track Maintenance Equipment 17,981.9 1,206.9 43.1 17,938.8 6.7% 0.2%Train Control Signal 1,030.8 30.8 2.6 1,028.3 3.0% 0.2%Wayside Work Equipment 4,123.3 123.3 10.3 4,113.0 3.0% 0.2%

Subtotal $40,682.6 $4,224.6 $106.5 $40,576.2 10.4% 0.3%Bus Repair Equipment

Bus Repair Equipment $2,973.7 $323.7 $122.1 $2,851.6 10.9% 4.1%Subtotal $2,973.7 $323.7 $122.1 $2,851.6 10.9% 4.1%

Business Facilities EquipmentMaterials Handling Equipment $157.7 $4.7 $0.4 $157.3 3.0% 0.3%Warehouse Vertical Storage Units/Shelving 675.2 20.2 1.7 673.5 3.0% 0.2%

Subtotal $832.9 $24.9 $2.1 $830.8 3.0% 0.3%

Total: Maintenance Equipment $44,489.2 $4,573.2 $230.7 $44,258.6 10.3% 0.5%

H. Other FacilitiesBusiness Support Facilities

Bus Operations Control Center $1,604.0 $1,604.0 $0.0 $1,604.0 100.0% 0.0%Jackson Graham Building Renovation 7,398.9 3,898.9 9.0 7,389.9 52.7% 0.1%Replacement of Revenue Facility Equipment 694.8 20.8 1.7 693.0 3.0% 0.2%

Subtotal $9,697.7 $5,523.7 $10.7 $9,687.0 57.0% 0.1%

MTPD Support FacilitiesPolice Substation- New District 2/Special Operations Division Facility $1,295.8 $38.8 $3.2 $1,292.5 3.0% 0.2%Special Operations Division Facility 830.8 24.8 2.1 828.8 3.0% 0.2%

Subtotal $2,126.6 $63.6 $5.3 $2,121.3 3.0% 0.2%

Total: Other Facilities $11,824.3 $5,587.3 $16.0 $11,808.3 47.3% 0.1%


Expended Obligation

RateExpend

Rate



I. Project Management and SupportCredit Facility

Credit Facility $5,000.0 $385.0 $385.0 $4,615.0 7.7% 7.7%Subtotal $5,000.0 $385.0 $385.0 $4,615.0 7.7% 7.7%

Total: Project Management and Support $5,000.0 $385.0 $385.0 $4,615.0 7.7% 7.7%

Grand Total: Capital Improvement Program $843,628.4 $270,111.9 $4,434.1 $839,194.3 32.0% 0.5%

DefinitionsBudget: The current fiscal year's total planned cash payout.Obligated: The portion of the current fiscal year's budget for payment against awarded contracts, plus the respective labor cost.Expended: The actual cash payout that has occurred to date in the current fiscal year.Unexpended: The difference between the planned cash payout and the actual cash payout that has occurred to date in the current fiscal yearUnexpended: The difference between the planned cash payout and the actual cash payout that has occurred to date in the current fiscal year.

FY2010 Safety & Security Program Budget Obligated Expended Un-

Expended Obligation

RateExpend

Rate

Security ProgramBus Garage Security $5,800.0 $2,423.4 $442.1 $5,357.9 41.8% 7.6%Cameras on Buses 6,410.0 0.0 0.0 6,410.0 0.0% 0.0%Cameras on Rail Cars 7,139.7 146.7 0.0 7,139.7 2.1% 0.0%CCV and Access Control 11,675.8 339.8 0.0 11,675.8 2.9% 0.0%Chemical Detection 1,906.0 0.0 0.0 1,906.0 0.0% 0.0%Metrorail Station Camera 2,774.0 0.0 0.0 2,774.0 0.0% 0.0%Montgomery Garage 59.9 0.0 0.0 59.9 0.0% 0.0%PG Radio Upgrade 500.0 389.5 283.5 216.5 77.9% 56.7%Platform Security 6,517.8 189.8 0.0 6,517.8 2.9% 0.0%PROTECT Systems 606.0 605.5 0.0 606.0 99.9% 0.0%Radio Redundancy AOCC 5,900.0 88.5 96.2 5,803.8 1.5% 1.6%Vent Intrusion Detection 11,500.0 0.0 0.0 11,500.0 0.0% 0.0%

Total: Security Program $60,789.3 $4,183.3 $821.8 $59,967.5 6.9% 1.4%

Fiscal 2011 - July 2010 Dollars in Thousands

Approved Capital Safety & Security Program FinancialsWashington Metropolitan Area Transit Authority

ARRA - Fiscal Year 2010 Budget Obligated Expended Un-

Expended Obligation

RateExpend

Rate

Vehicles & Vehicle PartsReplacement of Oldest Buses (ST02) $27,026.1 $27,026.1 $27,025.2 $0.8 100.0% 100.0%MetroAccess Fleet Expansion and Replacement (ST10) 3,764.2 3,760.3 3,760.3 4.0 99.9% 99.9%Service Vehicle Replacement (ST14) 5,992.7 5,992.7 5,992.7 100.0% 100.0%Bus Replacement Components (ST26) 2,673.1 2,493.0 2,487.4 185.7 93.3% 93.1%Preventative Maintenance 11,092.1 11,087.1 11,087.1 5.0 100.0% 100.0% Subtotal $50,548.2 $50,359.2 $50,352.7 $190.5 99.6% 99.6%

Maintenance FacilitiesNew Bus Budy and Paint Shop (ST04) $21,400.0 $21,106.9 $4,301.3 $17,098.7 98.6% 20.1%Replacement of Southeastern Bus Garage (ST05) 30,000.0 29,444.0 1,466.1 28,533.9 98.1% 4.9%



Replacement of Southeastern Bus Garage (ST05) 30,000.0 29,444.0 1,466.1 28,533.9 98.1% 4.9%Bus Garage Facility Repairs (ST11) 7,600.0 6,639.1 4,329.7 3,270.3 87.4% 57.0% Subtotal $59,000.0 $57,190.0 $10,097.1 $48,902.9 96.9% 17.1%

Passenger FacilitiesReplacement of Crumbling Platforms (ST08) $16,000.0 $16,000.0 $4,359.4 $11,640.6 100.0% 27.2%Update Platform Real-Time Signs (ST28) 2,500.0 1,893.2 2,500.0 75.7%Metro Center Sales Office Replacement (ST38) 1,200.0 1,139.7 77.2 1,122.8 95.0% 6.4% Subtotal $19,700.0 $19,033.0 $4,436.6 $15,263.4 96.6% 22.5%

Safety & SecurityBus Garage Security Update (ST23) $3,000.0 $2,086.4 $1,911.5 $1,088.5 69.5% 63.7%Communications Equipment for Operations Control Center (ST24) 3,000.0 2,558.6 2,278.3 721.7 85.3% 75.9%Emergency Tunnel Evacuation Carts (ST30) 836.3 836.3 809.3 26.9 100.0% 96.8%Underground Communications Radios (ST40) 868.7 868.7 868.7 0.0 100.0% 100.0%Additional Station Alarm/Chemical Sensors (ST48) 3,991.2 3,991.2 2,486.6 1,504.7 100.0% 62.3% Subtotal $11,696.2 $10,341.1 $8,354.3 $3,341.9 88.4% 71.4%

Maintenance & Repair EquipmentHeavy Duty Locomotives for Maintenance (ST12) $4,998.9 $4,998.9 $4,998.9 100.0%Power Tool Equipment Replacement (ST31) 1,660.5 1,647.9 1,335.5 325.1 99.2% 80.4%

ARRA - Fiscal Year 2010 Budget Obligated Expended Un-

Expended Obligation

RateExpend

Rate



60-Ton Crane for Track Work (ST17) 4,000.0 4,000.0Heavy Duty Track Equipment (ST07) 10,510.6 10,210.6 706.0 9,804.6 97.1% 6.7%Track Welding Program to Repair Defects (ST18) 3,900.0 2,783.7 505.4 3,394.6 71.4% 13.0%Track Pad/Shock Absorber Rehabilitation (ST37) 1,030.0 1,030.0 1,030.0 100.0% 100.0% Subtotal $26,100.0 $20,671.0 $3,576.8 $22,523.2 79.2% 13.7%

Operations SystemsUpgrade 3 (Three) Oldest Stations and Systems (ST09) $17,900.0 $17,900.0 $648.9 $17,251.1 100.0% 3.6%Additional SmarTrip Fare Machines (ST19) 2,220.8 2,220.8 2,038.6 182.3 100.0% 91.8%Bus Real-Time, Route, and Scheduling Systems (ST21) 3,000.0 2,421.0 335.2 2,664.8 80.7% 11.2%Bus Engine Fluid Alert System (ST34) 1,500.0 1,500.0 1,500.0 100.0%Kiosk and Train Control Computers (ST41) 356.8 356.8 291.8 65.0 100.0% 81.8%Kiosk and Train Control Computers (ST41) 356.8 356.8 291.8 65.0 100.0% 81.8% Subtotal $24,977.7 $24,398.6 $3,314.5 $21,663.2 97.7% 13.3%

Information TechnologySensitive Data Protection Technology (ST16) $3,511.2 $3,511.1 $1,461.8 $2,049.4 100.0% 41.6%Document Management System (ST32) 750.0 749.2 430.7 319.3 99.9% 57.4%Financial System Integration (ST63) 5,000.0 5,000.0 256.8 4,743.2 100.0% 5.1% Subtotal $9,261.2 $9,260.3 $2,149.3 $7,111.9 100.0% 23.2%

TOTAL ARRA PROJECTS $201,283.2 $191,253.3 $82,281.4 $118,996.9 95.0% 40.9%

Miscellaneous OtherProgram Management $550.0 $209.8 $550.0 38.1% Subtotal $550.0 $209.8 $550.0 38.1%

TOTAL ARRA PROGRAM $201,833.2 $191,463.1 $82,281.4 $119,546.9 94.9% 40.8%

DefinitionsBudget: The current fiscal year's total planned cash payout.Obligated: The portion of the current fiscal year's budget for payment against awarded contracts, plus the respective labor cost.Expended: The actual cash payout that has occurred to date in the current fiscal year.Unexpended: The difference between the planned cash payout and the actual cash payout that has occurred to date in the current fiscal year.

Funds Jurisdictional Approved UnexpendedReceived Allocation Uses Expenses Approved Uses

Total Received for TIIF $124,185.1Restricted Funds:

Huntington Parking $12,900.0 $12,802.3 $97.7White Flint Parking 4,421.7 4,404.9 16.8FY05/06 Operating 4,000.0 4,000.0 0.0FY07 Operating 2,000.0 2,000.0 0.0FY08 Operating 2,000.0 2,000.0 0.0FY09 Operating 2,000.0 2,000.0 0.0FY10 Operating (continues thru FY12) 2,000.0 2,000.0 0.0FY07 Safe, Clean Reliable 5,850.0 5,850.0 0.0FY08 Safe, Clean Reliable 7,000.0 7,000.0 0.0FY09 Safe, Clean Reliable 7,000.0 7,000.0 0.0FY10 Safe, Clean Reliable (end) 7,000.0 7,000.0 0.0TSSM from Twinbrook to Shady Grove 1,000.0 525.6 474.4Gallery Place Remediation 18.4 18.4 0.0

57,190.1 56,601.3 588.8Unrestricted Funds Available for Use: $6,995.1Total allocated to the Jurisdictions $60,000.0

District of Columbia 36% $21,600.0Use of Funds:

Tivoli $2,500.0 $2,500.0 $0.0Anacostia Light Rail Program/Demonstration 10,447.6 8,632.3 1,815.2U Street/Adams Morgan Link 150.0 150.0 0.0Navy Yard Design 500.0 497.4 2.6Union Row /U Street 1,500.0 1,008.7 491.3Yellow Line Extension 1,500.0 609.1 890.9Navy Yard Improvements 4,452.4 4,412.2 40.2View 14 /U Street & 14Th 500.0 480.7 19.3

21,550.0 18,290.3 3,259.7Balance of DC Funds Available for Use: $50.0

Washington Metropolitan Area Transit AuthorityTransit Infrastructure Investment Fund (TIIF)


Funds Jurisdictional Approved UnexpendedReceived Allocation Uses Expenses Approved Uses

Washington Metropolitan Area Transit AuthorityTransit Infrastructure Investment Fund (TIIF)


Maryland 37% $22,200.0Use of Funds:

New Carrollton Parking $497.6 $496.0 $1.6College Park Parking 9,514.7 9,512.2 2.5Largo Parking 2,432.7 2,432.7 0.0Largo Day Care Center 3,000.0 3,000.0 0.0Takoma-Langley 6,744.3 820.8 5,923.6

22,189.3 16,261.7 5,927.6Balance of Maryland Funds Available for Use: $10.7

Virginia 27% $16,200.0Use of Funds:

Huntington $8,082.8 $8,082.8 $0.0West Falls Church 2,000.0 2,000.0 0.0Royal Street Bus Garage 100.0 100.0 0.0Ballston (Multi-modal improvements) 1,032.2 756.0 276.2Rosslyn Station Access Improve 798.1 716.4 81.8Shirlington 1,977.9 1,961.4 16.5Crystal City Potomac Yard Bus Way 522.0 120.9 401.1Potomac Yard Station 1,500.0 226.7 1,273.3

16,012.9 13,964.1 2,048.8Balance of Virginia Funds Available for Use: $187.1

Grand Total: $124,185.1 $124,185.1 $116,942.3 $105,117.3 $11,825.0

JURISDICTIONAL BALANCES ON ACCOUNTAs of July 31, 2010

($ Refund to Jurisdictions) / $ Due from Jurisdictions$ in millions

JURISDICTION OPERATING NOTES 1

DISTRICT OF COLUMBIADC Dept of Transportation ($0.000)DC Dept of Transportation ($0.233) D.C. Sch Sub.- Estimate for July 2010DC Dept of Transportation 0.000 7th Street BridgeDC Dept of Public Works 0.182 Joint and Adjacent Escort ServicesDC Dept of Public Works 0.150 Joint and Adjacent Escort ServicesCredits to be Applied to 2nd Quarter FY2011 Billing: Metro Matters Interest Earnings for Metro Matters Program $0.000 DC TOTAL $0.098

MARYLANDMontgomery County $0.085 Pending receipt of operating & capital/CMAQPrince George's County ($0.155) Pending receipt of operating & capital/CMAQCredits to be Applied to 2nd Quarter FY2011 Billing: Audit Adjustment Credit Application $0.000 MD TOTAL ($0.070)

VIRGINIAAlexandria ($0.100)Arlington ($0.685)City of Fairfax ($0.031)Fairfax County ($0.446)Fairfax County Dept. of Family Service $0.093 Access to JobsFalls Church ($0.056)Northern VA Transportation Comm. ($0.284)Credits to be Applied to 2nd Quarter FY2011 Billing: Metro Matters Interest Earnings for Metro Matters Program $0.000 VA TOTAL ($1.509)

GRAND TOTAL………………………………………………… ($1.480)

1 Operating credits represent unused audit adjustment credits Capital credits represent interest earnings on capital payments

Washington Metropolitan Area Transit Authority (Metro)CFO - TRES - Grants Management

Grant Activity for the Month ending July 31, 2010

Activity

$201.8 million awarded, which includes $11.1 million for Preventive Maintenance (PM). Project budgets will continue to be reviewed for cost savings that may be to transferred to PM.

To meet heightened reporting expectations:• The previous quarter’s project progress and significant payments were reported and posted on www.recovery.gov for public accountability of federal funds as required by Section 1512.• Monthly reporting to the House Committee on Transportation and Infrastructure Committee has been completed according to the requests of Chairman Oberstar.

Department of Homeland Security Transit Security

Grant

Anti-Terrorism Teams conducted Targeted Train Inspections, rolling train inspections, bus division checks, station checks, area saturation patrols, and coordinated and participated in multi-agency Blue T.I.D.E events. Contract for seven specialized vehicles was awarded.

Annual Formula Grants for Sections 5309 and 5307

FFY2010 Sections 5307 and 5309 grant applications for a total of $240.6 million is in FTA's TEAM system for review.

Passenger Rail Investment and Improvement Act

(PRIIA) The PRIIA grant application for $150M is in FTA's TEAM system for review.

Congestion Mitigation & Air Quality (CMAQ)

Grants were awarded for $16.4 of Maryland CMAQ funds for WMATA FY2009 and $16.4 million for WMATA FY2010, as well as for $6.1 million of Virginia CMAQ funds.

Federal Earmarks

• The Royal Street Bus Garage Relocation grant amendment was submitted to FTA to add $1.8 million of FFY2008 and FFY2009 earmarks for the acquisition of land on Cinder Bed Road for the relocation of the Royal Street Bus Garage. • A grant application for a WMATA Bus Safety Initiative earmark for $0.7 million was submitted to FTA. The funds will be used to purchase and install camera systems on buses. • A Bus and Bus Facilities earmark for $1.1 million was submitted. The funds will be used to purchase replacement buses. • The current redesign and renovation of the Metro plaza at Clarendon Metro plaza is in the last phase of build-out and completion is expected in the fall of 2010. • Current federal legislation does not contain language to permit reprogramming of $0.7 million of a prior year bus earmark as WMATA has been pursuing. The grant is expected to be de-obligated upon consulation with stakeholders.

Transit Security Grant Program (TSGP)

Planning and scheduling of onsite demonstration of additional vendor technologies begun for the FFY2008 TSGP Cameras on Buses grant.

Urban Areas Security Initiative (UASI)

Installation of bi-directional amplifiers continued for the upgrade of first responder underground radio communication in Prince George’s County through FFY2009 UASI grant.

Grant Program

ARRA

FTA Formula Grants for Capital Transit Assistance

and Fixed Guideway Infrastructure Improvement

FTA

Safety

&

Security

fy2011 monthly financial report (july 2010)july 2010 monthly financial report -- fy2011 operating...

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