New Slide: March 2015 Revenues - A graphic explains the Revenue and variance from budgeted revenue broken out into different categories. - Farebox revenues were $29.7 million, $0.8 million under budget (unfavorable). - Passes revenues were $18.9 million, $0.3 million under budget (unfavorable). - Total Farebox revenues were $48.6 million, $1.1 million under budget (unfavorable). - Non-Farebox revenues were $5.6 million, $1.0 million over budget (favorable) - Half Fare Subsidy revenues were $2.3 million, under budget(unfavorable). - Graphic is shown that total revenue is $54.2 million, $2.4 million under budget (unfavorable). Note: Average Fare of $1.09 and is .01 more than budget is shown. Also, free rides total of 6.1 million, 0.6 million less than March 2014 is also shown. New Slide: Year to Date Revenues through March 2015 - A graphic explains the year to date revenue and variance from budgeted year to date revenue broken out into different categories. - Farebox year to date revenues were $81.4 million, $2.5 million under budget (unfavorable). - Passes revenues year to date were $53.4 million, $0.4 million over budget (favorable). - Total Farebox year to date revenues were $134.8 million, $2.1 million under budget (unfavorable). - Non-Farebox year to date revenues were $15.4 million, $1.9 million over budget (favorable). - Half Fare Subsidy year to date revenues were $4.7 million, $2.4 million under budget (unfavorable) - Graphic is shown that total year to date revenue is $154.9 million, $2.6 million under budget (unfavorable). Note: Average year to date Fare of $1.10 and is on par with budget is shown. Also, free rides total of 16.1 million, 1.8 million less than year to date March 2014 is also shown. New Slide: March 2015 Expenses - A graphic explains the Expenses and variance from budgeted expenses broken out into different categories. - Total March expenses were $124.0 million, $0.9 million under budget (favorable). - Labor expenses were $84.7 million, $2.1 million under budget (favorable). - Fuel expenses were $4.5 million, $0.2 million under budget (favorable). - Materials expenses were $6.7 million, $0.7 over budget (unfavorable). - All other expenses were $28.1 million, is $0.7 million over budget (unfavorable) . New Slide: Year to Date Expenses through March 2015 - A graphic explains the year to date expenses and variance from budgeted year to date revenue broken out into different categories - Total March year to date expenses were $360.9 million, $3.4 million under budget (favorable). - Labor year to date expenses were $244.8 million, $4.2 million under budget (favorable). - Fuel year to date expenses were $13.2 million, $0.7 million under budget (favorable). - Materials year to date expenses were $20.4 million, $1.4 million over budget (unfavorable). - All other year to date expenses were $82.6 million, $0.1 million over budget (unfavorable).