New Slide: November 2012 Revenues - A graphic explains the Revenue and variance from budgeted revenue broken out into different categories. - Farebox revenues were $21.8 million, $0.3 million over budget (favorable). - Passes revenues were $22.9 million, $0.1 million over budget (favorable). - Total Farebox revenues were $44.7 million, $0.4 million over budget (favorable). - Non-Farebox revenues were $5.5 million, $1.2 million over budget (favorable) - Half Fare Subsidy revenues were $2.3 million, in line with the budget. - Graphic is shown that total revenue is $52.5 million, $1.6 million over budget (favorable). Note: Average Fare of $0.99 and is on par with the budget is shown. Also, free rides total of 5.7 million, 0.6 million more than November of 2011 is also shown. New Slide: Year to Date Revenues through November 2012 - 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 $250.8 million, $2.0 million under budget (unfavorable). - Passes revenues year to date were $255.7 million, $6.9 million over budget (favorable). - Total Farebox year to date revenues were $506.5 million, $4.9 million over budget (favorable). - Non-Farebox year to date revenues were $62.2 million, $12.4 million over budget (favorable). - Half Fare Subsidy year to date revenues were $25.4 million, $0.2 million under budget (unfavorable). - Graphic is shown that total year to date revenue is $594.1 million, $17.1 million over budget (favorable). Note: Average year to date Fare of $1.00 and is .01 under budget is shown. Also, free rides total of 63.7 million, 2.5 million less than year to date November of 2011 is also shown. New Slide: November 2012 Expenses - A graphic explains the Expenses and variance from budgeted expenses broken out into different categories. - Total November expenses were $107.3 million, $2.9 million over budget (unfavorable). - Labor expenses were $77.1 million, $0.1 million under budget ( favorable). - Fuel expenses were $5.4 million, $0.3 million over budget (unfavorable). - Materials expenses were $6.5 million, $1.0 over budget (unfavorable). - All other expenses were $18.3 million, is $1.7 million over budget (unfavorable) . New Slide: Year to Date Expenses through November 2012 - A graphic explains the year to date expenses and variance from budgeted year to date revenue broken out into different categories - Total November year to date expenses were $1169.5 million, $10.8 million over budget (unfavorable). - Labor year to date expenses were $848.3 million, $4.2 million over budget (unfavorable). - Fuel year to date expenses were $58.0 million, $1.8 million under budget (favorable). - Materials year to date expenses were $66.2 million, $3.1 million over budget (unfavorable). - All other year to date expenses were $197.0 million, $5.3 million over budget (unfavorable).