P OTOMAC AND R APPAHANNOCK T RANSPORTATION C OMMISSION FY2008 Budget Presentation March 1, 2007 1
Presentation Overview •FY2007 ridership and highlights •FY2008 background •FY2008 anticipated outcomes •FY2008 budget highlights •Looking beyond FY2008 2
Continuing Ridership Gains (Though growth rates have slowed) 18,000 Ridership Growth Average Daily Ridership 16,000 14,000 Year vs. Year Rail Bus 12,000 10,000 2002 vs. 2001 14% 21% 2003 vs. 2002 14% 11% 8,000 2004 vs. 2003 6% 5% 6,000 2005 vs. 2004 1% 15% 4,000 Jan 01 July 01 Jan 02 July 02 Jan 03 July 03 Jan 04 July 04 Jan 05 July 05 Jan 06 Jul 06 Jan 07 2006 vs. 2005 -5% 13% Rail Ridership Bus 5 Year Growth 32% 84% 3
Rail Ridership Growth Rates – Why have they slowed? •On-time performance problems associated with slow orders, infrastructure work, mechanical issues •Parking shortages •No recent, one-time boosts (e.g.: Metrochek for all Federal employees, Mixing Bowl traffic fears) 4
FY2007 Bus Service Highlights • Customer satisfaction ratings – Incidence of “excellent” ratings (Fall ‘06 survey) • 73% of Link riders • 76% of Ride riders • Bus fleet improvements • Four OmniRide bus rehabs • Eleven OmniRide buses slated to be ordered • Electronic fareboxes later this year • New / expanded service • Increased frequency on easterly OmniLink and Cross-County routes • Inauguration of new Rosslyn/Ballston OmniRide route • Transit Center Improvements • Construction of bus storage yard expansion to start later this year • Installation of self-cleaning restrooms • Installation of new bus washer • Procurement of additional facility security cameras 5
FY2007 Rail Service Highlights • Progress on projects to increase train operating privileges (up to 40 trains/day) Quantico Creek bridge construction completed (Spring 2007) • • Other projects not yet implemented in design phase • Eleven (11) new gallery cab cars delivered • Fifty (50) new gallery trailer cars ordered • Substantial progress on parking decks in Manassas and Burke (1350 spaces) • Progress on plans to free VRE of its Union Station/Ivy City dependency for fleet maintenance 6
FY2008 Budget – Background Observations • Proposal guided by Commission's adopted budget principles • “Existing service expansion” allowance to avert overcrowded trips • Budget as though Phase II fare/ticketing plan for bus services is deferred to FY2009 • Bus service formerly supported by reimbursable funding sustained by local funds • PRTC share of VRE budget incorporated 7
PRTC’s Proposed Bus Service Expansion for FY2008 – FY2012 • New Haymarket OmniRide route (FY2009) To / from West Falls Church Metrorail Haymarket OmniRide route 8
Anticipated FY2008 Outcomes - Bus • New all-time ridership high • Link average daily ridership: 4,251 • Ride average daily ridership: 7,263 • Sustained high customer satisfaction ratings • Continued bus fleet upgrades • Contract for two more Ride buses • Rehab (mid-life overall) of seven Orion buses • Transition to electronic fareboxes completed • Bus surveillance cameras purchased/installed – joint venture with First Transit • Complete bus storage yard expansion and design of new commuter lot • Progression of enhanced bus shelter initiative • Dispatch office expansion 9
Anticipated FY2008 Outcomes - Rail • Two parking decks substantially completed – 1350 spaces • Improved performance owing to completion of Quantico Bridge project • Other projects in first MOU progressed to set stage for more train service • New long-term agreement with CSXT and NS for operating/use rights 10
FY2008 Operating and Capital Expenses Amount Percent PRTC First Transit contract $ 13,912,900 58.4% PRTC personnel 3,802,000 16.0% Fuel 2,699,800 11.3% Facility improvements 576,500 2.4% All other 2,842,400 11.9% Total Operating Budget $ 23,833,600 100.0% Bus purchases / rehabs / other capital improvements 4,429,789 Operating and Capital $ 28,263,389 VRE Operating and Capital $ 64,419,553* _____ * 100% of VRE Budget; PRTC and NVTC jurisdictions combined 11
FY2008 PRTC Expense Increases/Decreases Operating increase $ 2.56M • First Transit Contract 1.38M • Fuel 0.63M • Other 0.55M Capital decrease ($ 5.51M) • Buses ( 4.16M) • Western Facility 1.50M • Bus Yd/Commuter Lot ( 3.01M) • Other 0.16M Net Decrease ($ 2.95M) ( 9% relative to FY07) 12
FY2008 VRE Expense Increases/Decreases Operating increase $ 4.10M • Amtrak ( 0.21M) • Reserves (Operating/Insurance) 3.79M • Fuel 0.60M • Other ( 0.08M) Capital decrease ($ 2.52M) Net Increase $ 1.58M ( 2.5% relative to FY07) 13
FY2008 Local Subsidy in Brief – PRTC Jurisdiction FY2007 FY2008 Change Prince William $11.881M $ 9.623M (19%) Manassas 0.312M 0.296M ( 5%) Manassas Park 0.153M 0.146M ( 5%) Stafford 0.063M 0.038M (40%) Fredericksburg 0.027M 0.014M (48%) PRTC Local Subsidy $12.436M $10.117M (19%) 14
FY2008 Local Subsidy in Brief – VRE* Jurisdiction FY2007 FY2008 Change Prince William $ 2.961M $ 4.625M 56% Manassas 0.428M 0.655M 53% Manassas Park 0.184M 0.359M 95% Stafford 0.917M 2.430M 165% Fredericksburg 0.111M 0.331M 198% VRE Local Subsidy $ 4.601M $ 8.400M 83% ___ * Confined to PRTC jurisdictions only, assuming “governance” recommendations are adopted (100% ridership subsidy allocation phased in over four years) 15
FY2008 Local Subsidy in Brief – PRTC and VRE Jurisdiction FY2007 FY2008 Change Prince William $14.842M $14.248M ( 4%) Manassas 0.740M 0.951M 29% Manassas Park 0.337M 0.505M 50% Stafford 0.980M 2.468M 152% Fredericksburg 0.138M 0.345M 150% Local Subsidy $17.037M $18.517M 9% 16
Looking Beyond FY2008 - Bus Certainties • SmarTrip implemented • Westerly bus maintenance facility initiated Uncertainties (policy issues) • Expanded bus service sponsorship (in light of PRTC long range plan, looming HOT lanes, BRAC relocation) 17
Looking Beyond FY2008 - Rail • Capacity expansion as envisioned by completed strategic plan and as resources allow • Possible system extensions •Gainesville/Haymarket •Bealeton (Fauquier County) •Crossroads (Spotsylvania County) 18
FY2009 – FY2012 Local Subsidy Implications – PRTC & VRE * FY2009 FY2010 FY2011 FY2012 PWC $16.644M $15.668M $15.799M $16.305M Manassas 1.145M 1.160M 1.170M 1.207M Manassas Park 0.616M 0.631M 0.640M 0.660M Stafford 3.166M 3.212M 3.188M 3.269M Fredericksburg 0.442M 0.454M 0.454M 0.468M Total Subsidy $22.013M $21.125M $21.251M $21.909M 19
PWC Fund Balance Projection 90 Millions Projected fuel tax if there were no draws 80 70 60 50 40 30 20 10 0 FY08 FY09 FY10 FY11 FY12 -10 Deficit in FY2012 of $3.7M assuming general fund support PRTC / VRE Draws “flat-lined” at $0.7M/yr. 20
Manassas Fund Balance Projection 14 Millions 12 Projected fuel tax if there were no draws 10 8 6 4 2 0 FY08 FY09 FY10 FY11 FY12 Projected fuel tax revenue after PRTC / VRE Draws accounting for all anticipated draws Jurisdictional Draws 21
Manassas Park Fund Balance Projection 14 Millions Projected fuel tax if there were no draws 12 10 8 6 4 2 0 FY08 FY09 FY10 FY11 FY12 PRTC / VRE Draws Projected fuel tax revenue after accounting for all anticipated draws Jurisdictional Draws 22
Stafford Fund Balance Projection 30 Millions Projected fuel tax if there were no draws 25 20 15 10 5 0 FY08 FY09 FY10 FY11 FY12 PRTC / VRE Draws Projected fuel tax revenue after accounting for all anticipated draws Jurisdictional Draws 23
Fredericksburg Fund Balance Projection 12 Millions Projected fuel tax if there were no draws 10 8 6 4 2 0 FY08 FY09 FY10 FY11 FY12 Projected fuel tax revenue after PRTC / VRE Draws accounting for all anticipated draws Jurisdictional Draws 24
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