Budget Report – March 2010
Chicago Transit Authority


NEW SECTION:  SYSTEM GENERATED REVENUES

February 2010 REVENUES: VARIANCE TO BUDGET

Farebox 		$19.0 M 	(down $1.4 M)
Passes 			$19.2 M 	(up $1.1 M)
Farebox Total 		$38.2 M 	(down $.3 M)


Non-Farebox 		$2.8 M 		(down $0.9 M)
Half Fare Subsidy 	$2.7 M 		(up $1.3 M)
Total Revenue 		$43.7 M 	(down $2.9 M)
Average Fare		$0.97 		(down $0.05)


YTD REVENUES: VARIANCE TO BUDGET

Farebox 		$39.1 M 	(down $2.6 M)
Passes 			$38.2 M 	(down $0.7 M)
Farebox Total 		$77.3 M 	(down $3.3 M)


Non-Farebox 		$5.3 M 		(down $0.7 M)
Half Fare Subsidy 	$5.4 M 		(up $0.00 M)
Total Revenue 		$88.0 M 	(down $6.5 M)
Average Fare		$0.97 		(down $0.08)



NEW SECTION: EXPENSES

January 2010 EXPENSES: VARIANCE TO BUDGET

January expenses of $ 96.7 M were $ 7.7 M favorable to the 2010 Budget.

Dollars in Millions

Other 19.9 - Positive to Budget: 3.2
Fuel 3.8 - Positive to Budget: 0.9
Material 7.3 - Positive to Budget: 0.7
Labor 65.7 - Positive to Budget: 2.9

YTD EXPENSES: VARIANCE TO BUDGET

YTD expenses of $199.0 M were $16.1 M favorable to the 2010 Budget.

Dollars in Millions

Other 40.6 - Positive to Budget: 5.6
Fuel 8.4 - Positive to Budget: 2.2
Material 12.7 - Positive to Budget: 3.2
Labor 137.3 - Positive to Budget: 5.1