Budget Report – March 2010 Chicago Transit Authority NEW SECTION: SYSTEM GENERATED REVENUES January 2010 REVENUES: VARIANCE TO BUDGET Farebox $20.1 M (down $4.4 M) Passes $18.9 M (down $1.4 M) Farebox Total $39.0 M (down $5.8 M) Non-Farebox $2.6 M (down $0.7 M) Half Fare Subsidy $2.7 M (up $0.00 M) Total Revenue $44.3 M (down $6.5 M) Average Fare $0.97 (down $0.08) YTD REVENUES: VARIANCE TO BUDGET Farebox $20.1 M (down $4.4 M) Passes $18.9 M (down $1.4 M) Farebox Total $39.0 M (down $5.8 M) Non-Farebox $2.6 M (down $0.7 M) Half Fare Subsidy $2.7 M (up $0.00 M) Total Revenue $44.3 M (down $6.5 M) Average Fare $0.97 (down $0.08) NEW SECTION: EXPENSES January 2010 EXPENSES: VARIANCE TO BUDGET January expenses of $ 102.3 M were $ 8.4 M favorable to the 2010 Budget. Dollars in Millions Other 20.8 - Positive to Budget: 2.4 Fuel 4.6 - Positive to Budget: 1.3 Material 5.4 - Positive to Budget: 2.5 Labor 71.5 - Positive to Budget: 2.2 YTD EXPENSES: VARIANCE TO BUDGET YTD expenses of $102.3 M were $8.4 M favorable to the 2010 Budget. Dollars in Millions Other 20.8 - Positive to Budget: 2.4 Fuel 4.6 - Positive to Budget: 1.3 Material 5.4 - Positive to Budget: 2.5 Labor 71.5 - Positive to Budget: 2.2