CTA Budget Report (from May 2010 Board Meeting)

New Slide: March 2010 Revenues
- A graphic explains the Revenue and variance from budgeted revenue broken out into different categories.
- Farebox revenues were $21.6 million, $1.7 million under budget (unfavorable).
- Passes revenues were $19.8 million, $3.0 million over budget (favorable).
- Total Farebox revenues were $41.4 million, $1.2 million over budget (favorable).
- Non-Farebox revenues were $2.2 million, $1.1 million under budget (unfavorable).
- Half Fare Subsidy revenues were $2.0 million, $0.7 million under budget (unfavorable).
- Graphic is shown that total revenue is $45.6 million, $0.6 million under budget (unfavorable).
Note: Average Fare of $.93, $.01 over budget is shown. Also, free rides total of 6.5 million, 0.6 million more than March of 2009 is also shown.
New Slide: Year to Date Revenues through March 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 $60.8 million, $9.2 million under budget (unfavorable).
- Passes revenues year to date were $58.0 million, $3.9 million over budget (favorable).
- Total Farebox year to date revenues were $118.8 million, $5.3 million under budget (unfavorable).
- Non-Farebox year to date revenues were $7.5 million, $2.5 million under budget (unfavorable).
- Half Fare Subsidy year to date revenues were $7.4 million, $0.7 million under budget (unfavorable).
- Graphic is shown that total year to date revenue is $133.7 million, $8.5 million under budget (unfavorable).
Note: Average year to date Fare of $.95, $.03 under budget is shown. Also, free rides total of 17.8 million, 1.8 million more than year to date March for 2009 is also shown.
New Slide: March 2010 Expenses
- A graphic explains the Expenses and variance from budgeted expenses broken out into different categories.
- Total March expenses were $104.3 million, $7.2 million under budget (favorable).
- Labor expenses were $72.5 million, $3.0 million under budget (favorable).
- Fuel expenses were $4.3 million, $0.9 million under budget (favorable).
- Materials expenses were $6.9 million, $0.6 million under budget (favorable).
- All other expenses were $20.6 million, $2.7 million under budget (favorable).
New Slide: Year to Date Expenses through March 2010
- 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 $303.2 million, $23.2 million under budget (favorable).
- Labor year to date expenses were $209.8 million, $8.1 million under budget (favorable).
- Fuel year to date expenses were $12.7 million, $3.1 million under budget (favorable).
- Materials year to date expenses were $19.6 million, $3.8 million under budget (favorable).
- All other year to date expenses were $61.1 million, $8.2 million under budget (favorable).