CTA Budget Report (from April 2010 Board Meeting)

New Slide: April 2010 Revenues
- A graphic explains the Revenue and variance from budgeted revenue broken out into different categories.
- Farebox revenues were $21.3 million, $1.9 million under budget (unfavorable).
- Passes revenues were $19.8 million, $2.3 million over budget (favorable).
- Total Farebox revenues were $41.1 million, $0.4 million over budget (favorable).
- Non-Farebox revenues were $2.4 million, $1.0 million under budget (unfavorable).
- Half Fare Subsidy revenues were $2.7 million, on target for budget.
- Graphic is shown that total revenue is $46.2million, $0.6 million under budget (unfavorable).
Note: Average Fare of $.94, $.01 under budget is shown. Also, free rides total of 6.5 million, 0.6 million more than April of 2009 is also shown.
New Slide: Year to Date Revenues through April 2010
- 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 $82.0 million, $11.1 million under budget (unfavorable).
- Passes revenues year to date were $77.8 million, $6.2 million over budget (favorable).
- Total Farebox year to date revenues were $159.8 million, $4.9 million under budget (unfavorable).
- Non-Farebox year to date revenues were $9.9 million, $3.4 million under budget (unfavorable).
- Half Fare Subsidy year to date revenues were $10.1 million, $0.7 million under budget (unfavorable).
- Graphic is shown that total year to date revenue is $179.8 million, $9.0 million under budget (unfavorable).
Note: Average year to date Fare of $.95, $.02 under budget is shown. Also, free rides total of 24.3 million, 2.4 million more than year to date April for 2009 is also shown.
New Slide: April 2010 Expenses
- A graphic explains the Expenses and variance from budgeted expenses broken out into different categories.
- Total April expenses were $100.6 million, $4.9 million under budget (favorable).
- Labor expenses were $69.5 million, $1.7 million under budget (favorable).
- Fuel expenses were $4.2 million, $0.8 million under budget (favorable).
- Materials expenses were $6.0 million, $0.6 million over budget (unfavorable).
- All other expenses were $20.9 million, $3.0 million under budget (favorable).
New Slide: Year to Date Expenses through April 2010
- A graphic explains the year to date expenses and variance from budgeted year to date revenue broken out into different categories 
- Total April year to date expenses were $403.8 million, $28.1 million under budget (favorable).
- Labor year to date expenses were $279.2 million, $9.8 million under budget (favorable).
- Fuel year to date expenses were $16.9 million, $3.9 million under budget (favorable).
- Materials year to date expenses were $25.6 million, $3.2 million under budget (favorable).
- All other year to date expenses were $82.1 million, $11.2 million under budget (favorable).