FY 2015 Proposed PRTC Budget

Transcription

1 POTOMAC AND RAPPAHANNOCK TRANSPORTATION COMMISSION FY 2015 Proposed PRTC Budget Public Hearing(s) Presentation Manassas City Hall on May 20, 7 PM PRTC Transit Center on May 21, 7PM

2 Background Largely conforms to FY 2015 budget guidelines adopted in September 2013 Austerity-minded because increased state assistance resulting from HB 2313 lessens but doesn t cure the local funding shortfall Addresses near-term uncertainties by adopting conservative assumptions Federal funding remains essentially flat Commuter benefit roll-back left unchanged Revenues as assumed match expenses only for two years (FY 2015 & FY 2016)

3 Background (continued) Beyond FY 2016, there is growing shortfall of Prince William local funding Only assumed source of Prince William local funding is the 2.1% motor fuels tax By fashioning the out years of the six-year plan assuming no service cuts and reasoned fare increases, the magnitude of the Prince William shortfall is sized Sets stage for Prince William policy decision(s) Supplement motor fuels tax to sustain sponsored transit services, or Od Orderly retrenchment tof existing iti services

4 Bus Service Levels (FY FY 2020) Existing services continue (Tyson s Express service a possible exception) Virtually no new / expanded service; exceptions Last stage of westerly OmniRide route restructuring t Revenue hour allowances to remedy overcrowding and adjust running times No I-95 express toll lanes service expansion DRPT intends to competitively yp procure; PRTC will propose p but outcome uncertain Change from the adopted FY 2015 budget guidelines Saturday Prince William Metro-Direct sustained as locally sponsored service

5 Fares No increase in FY 2015 why? Guidelines say once every-other-year, and dlast tincrease was July 2013 (avg. of 9%) Roll-back of commuter benefit (from $245/mo. to $130/mo.) is tantamount to a fare increase Increases envisioned in FY 2016, FY 2018, and FY 2020 Each averaging 10%, though management hopes they ll be lower Timing and size of each increase best left to each year s budget preparation

6 Replacement buses Rolling Stock Over-the-road road coaches 16 years (one year longer than adopted budget guidelines) 40 foot coaches 12 years 30 foot coaches 10 years or 350K miles, whichever comes sooner Local match debt-financed to smooth out spikes Four expansion buses (100% funded by DRPT) Mid-life overhauls Over-the-road 8 years old 40 foot 6 years old

7 Facility Improvements Westerly maintenance facility construction ASAP Essential to relieve existing overcrowding & allow for eventual service expansion CMAR project delivery method; award as soon as FY 2016 Contingent on NVTA approval of PRTC s regional funding request Affirmation that NVTA regional funds can be used to match statewide transit capital Bus shelter program sustained at prevailing level l

8 Other Services Vanpool Alliance program One-time local supplement to state bridge funding (in FY 2015 / FY $133K) Borne by Prince William Prince William is sole recipient of PRTC s share of program earnings downstream; treated as revenue source for County s share of bus costs Wheels-to-Wellness program Absent another grant funding source program ceases once Absent another grant funding source, program ceases once PHF grant is depleted (as late as February 2015 if PHF assents to no cost, time extension)

9 Technology Enhancements CAD/AVL implementation Scheduled before end of calendar year 2014 Ongoing O&M once warranty period is over SmarTrip succession plan Technical assistance to prepare for successor, but no implementation funding budgeted because that s premature

10 Administrative Accommodations Employee incentive program as previously adopted by the Commission Merit / COLA allowance (to be finalized after survey of member governments) One more customer service agent position To enhance call center performance Beginning i second half FY2015 Lessens need for temp assistance

11 Revenue FY 2014 / FY 2015 BUDGET COMPARISON Expenses FY 2014 FY 2015 Difference Fares $11,511,400 $11,455,300 ($56,100) Local $15,264,500 $15,465,400 $200,900 Federal / State / Other $11,993,600 $14,775,700 $2,782,100 Total $38,769,500 $41,696,400 $2,926,900 Bus Service contract $20,160,200 $20,661,000 $500,800 PRTC personnel $5,167,800 $5,370,200 $202,400 Fuel $5,064,000 $5,448,100 $384,100 Facility maintenance $382,100 $38,00 $422,400 $40,300 Bus shelter maintenance $235,900 $268,800 $32,900 Printing and reproduction $465,000 $497,500 $32,500 Computer services $263,000 $327,700 $64,700 Professional services $831,000 $826,700 ($4,300) All other $2,299,000 $2,169,100 ($129,900) Total operating budget $34,868,000 $35,991,500 $1,123,500 Bus purchases / rehabs / other Capital improvements $3,901,500 $5,704,900 $1,803,400 Total $38,769,500 $41,696,400 $2,926,900

12 Fuel Tax Fund Balances Over Time (in Millions) Prince William County City of Manassas $30.0 $20.0 $10.0 $- FY15 FY16 FY17 FY18 FY19 FY20 $1.6 $1.4 $1.2 $1.0 $0.8 $0.6 $0.4 $0.2 $- FY15 FY16 FY17 FY18 FY19 FY20 $(10.0) $(20.0) $3.0 City of Manassas Park $(30.0) $2.5 $2.0 $(40.0) $1.5 $1.0 $0.5 $- FY15 FY16 FY17 FY18 FY19 FY20

13 $8.0 $7.0 $6.0 $5.0 $4.0 $3.0 $2.0 $1.0 $- Fuel Tax Fund Balances Over Time (in Millions) Stafford County FY15 FY16 FY17 FY18 FY19 FY20 $2.5 $2.0 $1.5 $1.0 $0.5 $- City of Fredericksburg FY15 FY16 FY17 FY18 FY19 FY20 $6.0 Spotsylvania County $5.0 $4.0 $3.0 $2.0 $1.0 $- FY15 FY16 FY17 FY18 FY19 FY20