Board Report. May 22, 2018

Transcription

1 Board Report May 22, 218 Speaking on an Agenda Item If you wish to speak before the vote on any agenda item, please fill out a purple form on the sign-in table. Comments will be limited to three minutes. Speaking During the Public Comment Period If you wish to speak during the public comment period, please fill out a white form on the sign-in table before the meeting. Comments will be limited to three minutes.

2 Agenda Vice Chairwoman s Report General Manager s Report 2

3 Chair s Report Vice Chairwoman Earline Roth 3

4 General Manager s Report Follow-up items from previous Board and Committee meetings Provided the Board with the Draft of the Alternative Analysis on the Downtown Transfer Center Awaiting a legal opinion from General Counsel regarding Bus Simulators for Commissioner Herrera Other business 1st Quarter DBE Report Presented at the Finance Committee and submitted to Commissioners Jazz Fest No Incidents Received $2,437,67 in Funds for the Algiers Ferry Grant Planning Stages of Hurricane Season Ridership Ranking 217 Leadership Development Program Closing Ceremony Transdev Electric Bus Operations Ferry Boats May 1, 218 4

5 National Press Only four (out of 35) of the country s high-ridership regions saw an overall increase in transit use (across trains, buses, and other modes) in 217: Seattle, Phoenix, Houston, and New Orleans. Seattle, San Francisco, Phoenix, and New Orleans are the only high-ridership areas where bus ridership increased in

6 Leadership Development Program Closing Ceremony 6

7 Transdev Electric Bus Operations May 218 Tanguy Bouton Energy Transformation Business Manager Paris, France

8 Agenda Transdev electric bus operations around the world Case Study: France Case Study: the Netherlands Preparing for electric buses Transdev Living Lab

9 Transdev Electric Bus Operations

10 Globally, Transdev Operates 442 Electric Buses This will grow to at least 1, by 224 We are the largest electric-bus operator in the world, outside of China Manufacturers: Proterra BYD VDL And more

11 Agenda Transdev electric bus operations around the world Case Study: France Case Study: the Netherlands Preparing for electric buses Transdev Living Lab

12 Case Study: Argenteuil, France (Paris Area) Overnight Charging Context: Client wanted to move to 1% electric buses Transdev solution: Build an interoperable charging station Open System, compliant with European standards Possibility of slow or fast charge (6kW or 12 kw) Fleet battery-level and consumption monitoring System follows Operational needs Maintenance plan Technical restrictions Cost efficiency Argenteuil Paris

13 Case Study: France (Paris Area) Overnight Charging

14 Agenda Transdev electric bus operations around the world Case Study: France Case Study: the Netherlands Preparing for electric buses Transdev Living Lab

15 Case Study: The Netherlands (Amsterdam Region) Europe s Largest Electric Bus Fleet Transdev operates 1 electric buses in the Amsterdam region Will grow to 26 electric buses by 221 Similar to New Orleans, part of a broad operational contract for Transdev to operate on-demand and fixed-route vehicles of all shapes and sizes

16 Case Study: The Netherlands (Amsterdam Region) The World s Largest Opportunity and Depot Charging Infrastructure

17 Case Study: The Netherlands (Amsterdam Region) Transdev Constantly Monitors the Energy Level of Each Bus Decreasing charge throughout each run Charge it up and send it back out

18 Case Study: The Netherlands (Amsterdam Region) Monitoring Peak Power Demand to Limit Costs

19 Agenda Transdev electric bus operations around the world Case Study: France Case Study: the Netherlands Preparing for electric buses Transdev Living Lab

20 Preparing for Electric Buses Initial Analysis What are the constraints with an e-bus operation? Are schedule adjustments needed? What specifications do we need in the bus? Battery size How many extra buses do we need compared with a diesel fleet? How and where will we recharge the buses? Choice of technology and charging infrastructure How much energy do we need, and how can we control the cost?

21 Preparing for Electric Buses Training Drivers Training is needed on how to drive electric buses efficiently For example, taking your foot off the gas engages the brake on an electric bus, and begins charging the battery

22 Preparing for Electric Buses Charging Options

23 Agenda Transdev electric bus operations around the world Case Study: France Case Study: the Netherlands Preparing for electric buses Transdev Living Lab

24 Electric Bus Gathering Clients from around the World to Share Knowledge Advising our clients Sharing knowledge across operations Annual visits to e-bus operations: 215: France (Nice Airport) 216: Netherlands (Eindhoven) 217: France (Paris region Argenteuil)

25

26 Ferry Boats May 1,

27 Ferry Boats May 1,

28 Ferry Boats May 1,

29 Ferry Boats May 1,

30 Ferry Boats May 1, 218 3

31 Ferry Boats May 1,

32 Ferry Boats May 1,

33 Ferry Boats May 1,

34 Ferry Boats 34

35 Ferry Boats 35

36 Ferry Boats 36

37 Ferry Boats 37

38 Ferry Boats May 1,

39 Ferry Boats May 1,

40 APRIL 218 FINANCIALS May 15, 218 Ronald G. Baptiste, Jr. 4

41 Net Operating Revenue Calculation Operating revenues operating expenses Comparison to Budget Conclusions So far in 218, RTA s net operating revenues have exceeded operating costs by $7.8 million For the first four months of 218, net operating revenue has exceeded expectations by about $1.4 million $9. $7.8 $8. $7. $5.5 Millions $6. $6.4 $5. $4. $4.5 $3. $2.4 $2. $1. $.6 $- $.4 Jan $1.9 Feb Mar Budget 41 Actual Apr

42 Calculation Total revenue from operations before government assistance, including tax revenues, fares, and ancillary revenues Revenue Sources Millions Conclusions About 8% of RTA s operating revenue comes from sales taxes Spikes in March and April revenues (and ridership) happens every year. Expectation is for monthly revenue (and ridership) to continue to decrease until the fall $1.2 $1. $8.9 $9. $1.4 $8.2 $7.5 $1.2 $8. $1.1 $7. $1. $6. $5. $4. $6.6 $5.1 $5.5 $1.3 $1.4 Jan Other Revenue General Use Sales Tax Feb $5.7 $3. $2. $1. $1.7 $1.8 $Mar Apr Other Taxes (State Vehicles and Local Hotels) Passenger Fares 42

43 Calculation Fares collected / Operating expenses Farebox Recovery Ratio Conclusions Highs of 23% fare recovery in April due to annual ridership spike Fare recovery ratio is in line with other agencies, which typically range from 1% to 3% Fares have not been raised since 1999, keeping prices low for passengers 24% 22% 23% 22% 2% 18% 18% 17% 16% 14% 12% 1% Jan Feb Mar 43 Apr

44 Calculation Net operating income / (Debt interest + Debt principal) Debt Service Coverage Ratio Conclusions RTA consistently earns sufficient operating income to cover debt interest and principal, without dipping into reserves Jan Feb Mar Cumulative DSCR 44 Apr

45 Capital Investments Calculation Actual capital expenditures / Budgeted capital expenditures Comparison to Budget Conclusions So far in 218, RTA has invested 25% more than planned in new capital projects This high rate likely reflects some projects planned for 217, but delayed to 218. The rate will converge towards planned spending in future months Actual capital expenditures / budgeted capital expenditures 35% 296% 3% 25% 222% 188% 2% 15% 125% 1% 5% % Jan Feb Mar 45 Apr

46 Calculation Sum of all paid out liability claims Liability Claims Conclusions Payments on liability claims were an average of.5% of revenues for the first four months of 218 $6 $51 $5 $43 Thousands $4 $32 $28 $3 $2 $1 $Jan Feb Mar 46 Apr

47 Thank You

48 Appendix Detailed Income Statement (1/4) April 218 Year to Date Actual vs 218 vs Budget 217 Actual Budget Actual vs Budget 5% 6,174,475 6,149,879 % -3% -2% -44% -2% -43% 22,913,122 1,625,535 22,695,813 1,845,15 1% -12% 2% -1% 88,54 13% -6% 3,4,551 2,863,732 5% 1% 226,42 136,73 66% 2% 1,98, ,848 1% 27% Total Operating Revenues 8,912,721 8,922,277 % -3% 34,815,925 34,551,422 1% 1% Operating Expenses Labor and Fringe Benefits 15,586 56,755-73% -45% 61, ,254-74% -23% 6,751,77 422,585 6,814, ,299-1% 6% 3% 66% 26,8,557 1,43,79 27,25,784 1,492,771-1% -4% 2% 33% 98,638 14,154-3% -18% 519, , -1% 1% 56,46 519,585-3% 4% 2,25,622 2,78,339-3% 4% 45,864 4,225 14% 14% 146,781 15,979-3% 7% 9,284 1,28-9% 92% 15,32 4,832-62% -4% Total Ops Expenses (excl. Depr.) 7,849,44 7,978,475-2% 5% 31,,68 31,778,959-2% 3% Net Operating Revenue 1,63, ,82 13% -35% 38% -16% Actual Budget Passenger Fares 1,784,32 1,625,961 1% General Use Sales Tax State Motor Vehicle Sales Tax 5,71, ,12 5,856,22 495,717 Hotel/Motel Sales Tax 914,954 Other Revenue 218 vs 217 Operating Revenues Services Materials and Supplies Utilities Casualty & Liability Taxes Miscellaneous 48 3,815,857 2,772,463

49 Appendix Detailed Income Statement (2/4) April 218 Year to Date Actual vs 218 vs Budget 217 Actual Budget 1, ,517-47% TMSEL Workers' Comp Costs 14,222 69,643 TMSEL All Other Costs 6,58 Total TMSEL Legacy Costs Net Revenue (Before Gov't. Asst.) Actual vs Budget 218 vs 217 Actual Budget -47% 519, ,66-31% 4% -8% -89% 234, ,572-16% % 74,583-19% 122% 176, ,333-41% -19% 175,88 332,743-47% -49% 929,989 1,33,971-3% -2% 888, ,59 45% -32% 2,885,868 1,441,492 1% -2% 193, ,829 % -2% 777,53 73,662 1% 1% (526,912) (468,512) 12% 46% (2,273,694) (2,641,842) -14% -12% Materials and Supplies Other Operating Expenses (63,251) (133) (26,141) (11) 142% 21% 97% 55% (145,745) (241) (14,74) (437) 4% -45% 17% -26% Grant Expenses (8,26) (1,484,593) -95% 722% (1,9,552) (5,898,372) -68% 727% TMSEL Legacy Costs TMSEL Pension Costs TMSEL Health Benefit Costs Maritime Operations Passenger Fares Services Preventive Maintenance Grant Revenues State Subsidy Total Maritime Operations 39,576-1% 64,165 1,187,674-95% 412, ,276-26% ,34-1% 722% 1,52,442 4,718,698-68% 727% 19% 2,22,261 3,64,62-34% -2%

50 Appendix Detailed Income Statement (3/4) April 218 Year to Date Actual vs 218 vs Budget 217 Actual Budget Actual vs Budget 31% 4,274,797 4,38,129-1% 3% -8% -1% 66, ,26 6,5-2% -95% -3% -97% 24% 4,881,655 4,93,835-1% 2% 25% -6% 7,767,523 6,372,327 22% 655,378-64% -44% 864,589 1,783,981-52% -49% (86,338) 163, % 1,931, , % -49% Capital Expenditures (148,916) (819,222) -82% -73% 25% -55% FEMA Insurance Reimbursement FEMA Project Worksheets 146,555 15, 4% 565% 364,49 39, -7% 443% FEMA Project Worksheet Expend. (144,29) (15,) 37% 454% (359,92) (39,) -8% 34% Actual Budget 1,265,556 1,77,32 18% 144, ,51 1,625-6% -1% Total Government Ops Assistance 1,49,91 1,232,78 14% Net Revenue (After Gov't. Asst.) 2,298,13 1,843,767 Federal - Capital 235,255 Local - Capital 218 vs 217 Government Operating Assistance Preventive Maintenance State Parish Transportation Federal - Other Other State Funds Government Non-Ops Rev. (Exp.) Total Gov't. Non-Ops Rev. (Exp.) 2,265 2,3,368 1,843,767 (2,795,924) (2,229,976) -12% 4,129 % 7,771,652 6,372,327-11% Total Revenues (Expenses) Before Capital Expenditures and Debt 25% 5 22% 2%

51 Appendix Detailed Income Statement (4/4) April 218 Actual Budget Year to Date Actual vs 218 vs Budget 217 Actual Budget Actual vs Budget 218 vs 217 Capital Expenditures Interest Income - Capital (bonds) Capital Interest Expense Interest from Disaster Borrowing Total Capital Expenditures 47,69 56% 173,234 52% (39,52) (387,676) 1% -5% (1,517,849) (1,55,73) -2% -7% (94,179) (94,179) % -8% (376,715) (376,715) % -8% (437,161) (481,855) -9% -1% (1,721,33) (1,927,418) -11% -11% Principal on Long Term Debt Principal on Long Term Debt (57,616) (57,615) Principal on Disaster Borrowing (186,822) (186,822) % % 4% 5% (757,438) (757,437) % 4% Total Principal on Long Term Debt (2,282,463) (2,282,463) (747,287) (747,287) % % 4% 5% (3,29,75) (3,29,75) % 4% Net Rev. less Capital Expenditures and Principal on Long Term Debt 1,15,769 64,475 83% 1% 3,2,572 1,415, % 8% (1,15,769) (64,475) 83% 1% (3,2,572) (1,415,159) 113% 8% (1,15,769) (64,475) 83% 1% (3,2,572) (1,415,159) 113% 8% Other Funding Sources Restricted Operating / Capital Reserve Total Other Funding Net Revenue / Expense Depreciation - Local Depreciation - Federal Total Depreciation 18, ,89-42% -3% 488, ,353-34% 1% 1,785,861 1,689,996 6% 1% 7,132,14 6,759,985 6% 3% 1,894,3 1,876,85 1% 1% 7,62,62 7,54,338 2% 3% 51