Budget Report – February 2010
Chicago Transit Authority


NEW SECTION:  SYSTEM GENERATED REVENUES

December 2009 REVENUES: VARIANCE TO BUDGET

Farebox 		$20.4 M 	(down $7.4 M)
Passes 			$18.5 M 	(down $1.2 M)
Farebox Total 		$38.9 M 	(down $8.6 M)


Non-Farebox 		$9.5 M 		(up $1.7 M)
Half Fare Subsidy 	$6.0 M 		(up $6.00 M)
Total Revenue 		$54.5 M 	(down $.9 K)
Average Fare		$0.98 M		(down $0.16 M)


YTD REVENUES: VARIANCE TO BUDGET

Farebox 		$267.0 M 	(down $16.0 M)
Passes			$238.7 M 	(down $7.9 M)
Farebox Total		$505.7 M 	(down $23.9 M)

Non-Farebox		$67.7 M 	(up $11.5 M)
HalfFare Subsidy	$28.2 M 	(up $12.1 M)
Total Revenue		$601.6 M 	(down $.3 M)

Average Fare 		$0.97



NEW SECTION: EXPENSES

December 2009 EXPENSES: VARIANCE TO BUDGET

December expenses of $ 110. M were $ 6.0 M favorable to the 2009 Budget.

Dollars in Millions

Other 17.2 - Positive to Budget: 6.1
Fuel 8.5 - Negative to Budget: .1
Material 6.6 - Positive to Budget: 1.4
Labor 77.7 - Negative to Budget: 1.4


YTD EXPENSES: VARIANCE TO BUDGET

YTD expenses of $1,261.6 M were $10.3 M favorable to the 2009 Budget.

Dollars in Millions

Other 207.6 - Positive to Budget: 2.1
Fuel 100.5 - Negative to Budget: 2.4
Material 83.0 - Positive to Budget: 9.3
Labor 870.5 - Positive to Budget: 1.3