Indygo budget 2013

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Indygo budget 2013

  1. 1. 2013 Management & Financial Plan Indianapolis Public Transportation Corporation Introduced to IndyGo Board: August 2, 2012 IndyGo Board Adopted On:City County Council Adopted on:
  2. 2. INDIANAPOLIS PUBLIC TRANSPORTATION CORPORATION TABLE OF CONTENTS PagesTransmittal Letter for Original Submission date August 2, 2012 1-4Year 2013 IPTC Proposed Financial Plan Year 2013 Financial Plan Assumptions - Original Submission date August 2, 2012 5 IPTC Financial Plan - Expenditures - Original Submission date August 2, 2012 6 General Operation Fund - Revenues - Original Submission date August 2, 2012 7 Capital Improvement Plan - Utilization of Capital Funds 8General Information IPTC Budget Calendar 10 Department of Local Government Finance - Budget DIvision General Debit Services Cumulative Fund Capital Grants Federal Pass Through
  3. 3. To: IPTC Chair and Board of DirectorsRe: IPTC 2013 Financial & Management PlanFrom: Michael A. Terry, President and CEODate: August 2, 2012IntroductionAttached for your review and consideration is the 2013 IPTC proposed budget. The stability ofrevenue sources continues to impact long-term fiscal planning for the agency. The federalgovernment has passed a two-year transportation bill and state funding changed to a two yearbudget line item from the Public Mass Transit dedicated state fund. Local funding is dependenton property tax receipts and fare revenue typically correlates to ridership.Combined with fluctuating revenue forecasts, the cost of operating IndyGo at existing servicelevels continues to grow. While the agency has tackled many operating efficiencies in order toreduce expenses, projecting fuel costs and health benefits costs as well as maintaining an everaging bus fleet presents budget-balancing challenges.In light of revenue and expenditure challenges, IndyGo’s ridership continues to increase.Ridership in 2011 increased 10% over 2010. Through June 2012, we have seen a 12.4% increasein passenger trips over 2011. This is the highest level of ridership in more than a decade and withfewer bus routes. Indianapolis is at a pivotal time as more residents are looking for alternativemodes of commuting and transportation options. The opportunity to grow service levels throughadditional frequency and weekend operations would not only increase ridership, but allowresidents of Indianapolis greater access to job opportunities, education, healthcare and overallquality of life.The proposed 2013 budget presents an opportunity for our city to invest in the growth of ourtransit system. As demand for service increases and more discussion occurs on the future ofpublic transportation in our region, if additional funding is available IndyGo would beginphasing in additional service in the form of more frequency, longer service hours, more weekendservice and new routes. The following 2013 Operating Budget Overview increases our baselinebudget with additional funding to increase transit service.
  4. 4. 2013 Operating Budget OverviewThe 2013 Operating Budget Expenditure totals $65.2M. This represents an increase of $8.3Mcompared to the final revised 2012 budget of $56.9M.The operating budget as proposed includes the following objectives: 1. As required in 2012, an excess property tax levy is planned to maintain the current fixed route services and fares at the 2012 level through 2013. Furthermore, an additional excess property tax levy is planned in the operating budget to begin providing additional bus service in Indianapolis. 2. ADA para transit service (Open Door) will continue to operate throughout Marion County/Indianapolis, exceeding federal requirements of providing service within ¾ of mile around fixed route. 3. With an additional investment of $6M, IndyGo would begin to phase in more service during 2013 following the implementation plans detailed in the comprehensive operational analysis completed during the Indy Connect study. The additional service would begin with greater frequency of service, extending the span of service hours, increasing hours of service on weekends and adding a new route. 4. We will continue to invest in technology to improve external customer communications as well as internal operations. With the award of several competitive grants, IndyGo will be able to upgrade existing software, improve the security of technology systems and procure new tools to enhance service delivery. 5. We will continue to develop relationships with community organizations through our award- winning Community Collaborations program to grow overall awareness of IndyGo and promote the benefits of transit within the community. 6. While fuel costs for 2013 are budgeted at the same $3.18 per gallon as 2012, the agency will continue to use its strategic approach for incremental and periodic fuel purchasing. Fuel supplies and cost remain volatile and the uncertainties require management to be conservative in our budgeting. 7. We will continue efforts to maintain the full time workforce staffing levels necessary to provide scheduled service and control overtime costs within the fixed route and maintenance areas. 8. We will continue to provide an on-site primary healthcare clinic and wellness program to promote health and compliance for IndyGo employees and their families while controlling agency healthcare costs. 9. IndyGo will continue participation in two professional organizations; the American Public Transportation Association (APTA) and the Conference of Minority Transportation Officials (COMTO). Whether as committee and board members, or presenters and committee chairs, employees will continue to lend their support to industry initiatives and gain knowledge from other transit agencies and professionals across the country. 10. A 1% adjustment has been allocated for compensation adjustments in 2013.
  5. 5. 11. No funding from the Capital Cumulative Fund is planned in the 2013 budget. 12. Funding has not been provided to cover a $3M insurance reserve gap as well as coverage for physical damage to the buses and other vehicles operated by IndyGo. This is an exposure that will be evaluated and addressed in 2013. 13. Repayment of the $2M loan with the City of Indianapolis has been extended to 2013. A new loan agreement was executed that provides for IPTC to make investments in certain capital assets that have mutual benefit to the City and IPTC. IPTC is working with the City to extend that agreement through 2016. Consequently, repayment of the loan has not been budgeted in the general fund.2013 Capital PlanAn outline of the Capital Plan has been updated and included in the attachment. The program asstructured provides adequate local match from the Capital Cumulative fund as required for plannedFederal capital grant expenditures. The primary investments will be for facility upgrades and repairs,replacement buses and para transit vehicles, installation of additional bus shelters, benches, lighting, bikeracks and new bus stop signs, continuation on the rehabilitation of the existing administration andmaintenance facility and the construction of a new downtown transit facility.When the cumulative capital transit fund was established, IPTC no longer had the need to bond debt toprovide the local match for federally funded capital projects. A pay as you go method enables us toeliminate costly fees and interest associated with issuing debt and thereby reduces our burden on propertytax payers. In recent years it has been necessary to transfer Capital Cumulative funds into the operatingbudget. This is not a sustainable financial model. Most Federal grants require a local match. Reducingthe Capital Cumulative fund jeopardizes our ability to secure future Federal grants for capital projects.IPTC is diligent in submitting competitive Federal grant applications for funding which would providecapital and operating funding for specific programs and capital needs. IndyGo was successful inobtaining a Federal State of Good Repair (SGR) grant in 2012 for $10,000,000 for the purchase of newbuses to replace some of the oldest in the fleet. In addition, IndyGo was awarded Job Access ReverseCommute (JARC) and New Freedoms grants to enhance our technology and communications systems toimprove service to our customers and individuals desiring to use public transportation in our city.IndyGo will continue to submit grant applications for various federally funded programs as they becomeavailable.SummaryEach year, IndyGo continues to operate within a very minimal budget in order to maintain existingservice levels and fare structure. In recent years IndyGo has been budgeting the Federal fundingdesignated for capital expenditures (replacement buses and para transit vehicles; and facilityrepairs/upgrades) as well as using local Capital Cumulative funds to subsidize the agency’s operatingbudget. This conversion of capital funds has had a dramatic impact on IndyGo’s bus replacement plan,with the average age of the fleet being around 10 years. IndyGo has had to rely on competitive grants toprocure new buses or look to other transit agencies to buy their used buses instead of relying on adesignated and funded capital replacement program.It has been necessary for IPTC to be creative with capital grants and local capital funds. In 2012 it wasnecessary to procure 21 used buses from the Central Ohio Transit Agency COTA) in order to stabilize our
  6. 6. fleet and replace older IndyGo buses that have exceeded their useful life and are more costly to operateand maintain.Without an infusion of new or increased operating dollars, public transportation in the city of Indianapoliswill continue to erode. With the passing of the new transportation bill, the nation’s leadership realizes theimportance of its transportation programs and their role in community infrastructure.Because of IPTC’s operating efficiencies and transit industry experience, we are well-positioned forgrowth. Between IndyGo’s planning team and the recent Comprehensive Operational Analysis, IndyGoservice expansion could be executed efficiently in phases during 2013. The scalability of our agency notonly allows for great improvements in Marion County, but acts as the backbone for the Indy Connect longrange transportation plan and vision.IPTC continues to implement and refine operational strategies to control costs and balance budgets. Atthis point, the 2013 budget challenges our community with an opportunity to invest in the bus system andbegins to increase service. Without a change in strategic thinking for transportation and mobility in ourcity and the means to fund this valuable infrastructure service, Indianapolis will be faced with reductionsin transit services. Public transportation support the economy, provides access to employment, savesenergy, reduces the impact on our environment, and improves the quality of life for so many citizens.Respectfully Submitted:Michael A. TerryPresident and CEO
  7. 7. Year 2013 Proposed Financial Plan  Financial Plan - Assumptions  Financial Plan – Expenditures  Financial Plan – Revenues  Capital Improvement Program Pass Through to Sub Recipients
  8. 8. Year 2013Plan Assumptions
  9. 9. Indianapolis Public Transportation Corporation Summary of Significant Assumptions -Original Submission dated August 2, 2012 Budget 2013A. Revenues: 1. Property, excise and local option income taxes were calculated using the current rules that are in effect. A provision for the effect of the circuit breaker was estimated for 2013. It is assumed that IPTC will collect the approved tax levies net of the circuit breaker in their entirety for 2012 and a provision of 5% was established for 2013. 2. The State Public Mass Transit Funding distribution pool is assumed to be similar to the prior year and the current data has been updated in estimating 2013 PMTF revenue distribution to IPTC. The result is a reduction of approximately $29,000. 3. Federal Transit operating assistance is expected to increase by approximately $2,800,000 as a result of the new 2 year Transportation bill passed by Congress in June 2012. 4. Fare revenue for the budget period is expected to increase by $600,000 or 6%. 5. Special route guarantees a n d a d v e r t i s i n g r e v e n u e s are expected to remain the same.B. Expenditures: 1. Benefits costs are expected to increase approximately 5% from the prior year. 2. Diesel Fuel costs have been budgeted at $3.18 per gallon for the remainder of 2012 and for 2013. 3. A provision for a one percent wage increases for 2013 has been factored into the 2013 budget. 4. Repayment of the loan from the City of Indianapolis has been extended to 2013. A new loan agreement was executed that provides for IPTC to make investments in certain capital assets and service projects that have mutual benefit to the City and IPTC. IPTC is working with the City to extend that agreement through 2016. Consequently, repayment of the loan has not been budgeted in the general fund. 5. Money has been budgeted to deploy some Transit security as the result of being awarded a Transportation Safety Administration grant 6. Costs for purchased transportation and dispatch services for demand response are anticipated at rates set . forth in existing contracts. 7. The budget is predicated on hitting certain marks for revenue and expenses. If actual costs are substantially more than estimated or revenue streams are substantially less than anticipated, changes to service may be required unless another source of funding is located. Presently, no reductions to service are proposed. 8. In 2012 Federal Transit Administration conducted a Financial Management Oversight review we have not received the results of that review and do not know what recommendations they have made which could affect the 2013 budget.
  10. 10. IndyGo (IPTC) Financial &Resources Plan - Expenditures
  11. 11. Indianapolis Public Transportation Corporation Summary Budget - General Operating Fund Expenditures - Original Submission Dated August 2, 2012 Budget Year 2013 2012 2012 2013Account Name Orginal Revised BudgetWages 20,019,070 20,019,070 20,420,202Benefits 7,236,000 7,236,000 6,544,307Retirement 800,000 800,000 800,000Other Benefits 348,000 348,000 1,081,000Payroll Taxes 1,530,766 1,530,766 1,562,145Total Personal Services 29,933,836 29,933,836 30,407,654Parts 3,954,000 3,954,000 3,425,000Office Supplies 74,000 74,000 60,000Operating Supplies 230,500 230,500 840,500Fuel 5,466,000 5,466,000 5,462,000Other - - 26,000Total Materials and Supplies 9,724,500 9,724,500 9,813,500Professional Services 786,000 786,000 1,014,000Contractual Services 12,160,800 12,160,800 11,967,800Dues and Subscriptions 59,000 59,000 56,000Training and Conferences 96,000 96,000 129,255Printing and Advertising 397,000 397,000 735,000Utilities 980,000 980,000 980,000Telephone 100,000 100,000 100,000Insurance 1,900,000 1,900,000 1,885,000Other 882,345 762,693 8,082,435Total Other Services and Charges 17,361,145 17,361,145 24,949,490TOTAL 57,019,481 56,899,829 65,170,644
  12. 12. GeneralOperating Fund - Revenues
  13. 13. Indianapolis Public Transportation Corporation Summary Budget - General Operating Fund Revenues - Original Submission Dated August 2, 2012 Budget Year 2013Object 2012 2012 2013 Code Account Name Original Revised Budget 10 Fares 9,804,540 9,804,540 10,401,921 80 Property and Excise Tax 17,589,892 23,923,860 28,381,855 70 Public Mass Transit Funds 10,260,138 10,260,138 10,543,133 70 Federal Transit Administration 11,552,340 11,552,340 14,616,177 20 Route Guarantees 785,000 785,000 785,000 30 Advertising 300,000 300,000 400,000 40 Other Operating 273,951 273,951 112,400 Transportation Safety Administration - - 223,951 45 Transfer from Cumulative Fund - - - Unfunded Balance 6,453,620 - - Total 57,019,481 56,899,829 65,464,437
  14. 14. Capital Improvement Program –Utilization of Bond Fund
  15. 15. Indianapolis Public Transportation Corporation Capitial Improvementt Program Projected Capitial Funds Utilization Program budget 2013 2012 2013 Total Federal Local Match Total Federal Local Match Project Description Project amount amount Project amount amountBus Rolling Stockrolling stock 3,074,493 2,459,594 614,899 17,167,030 13,733,624 3,433,406Bus station /stops / terminalsacquire/build/cinstruct shelters and signs 705,502 578,553 126,949 607,001 485,601 121,400acquire park and ride facility 1,250,000 1,000,000 250,000 1,250,000 1,000,000 250,000acquire urban transfer center 2,500,000 2,000,000 500,000 2,500,000 2,000,000 500,000contingent capitial reserve 25,148,900 20,119,120 5,029,780 25,115,196 20,092,157 5,023,039Bus Support Equipment and Facilitiesrehab/rennovate adm/main facility 1,959,836 1,567,869 391,967 5,149,911 4,119,929 1,029,982equipment 4,492,415 3,593,931 898,484 7,714,344 6,171,475 1,542,869Bus- communication Equipmentcommunication and support equipment - - - 315,029 252,023 63,006totals 39,131,146 31,319,067 7,812,079 59,818,511 47,854,809 11,963,702note 1 balances to worksheet capitial funds detail
  16. 16. Indianapolis Public Transportation Corporation JARC and New Freedom Grants, CMAQ and Other Federal Grants Pass Through to Sub Recipients budget 2013Note based on awards unawarded Awarded Grants Awarded Grants 2013 Funding balance July 5, 2012 balance July 5, 2012 Total available To Grant Year 5-Jul-12 JARC New Freedom budget 2008 - 138,499 402 2009 303,839 25,196 2010 - 74,649 2011 (19,147) 918,991 459,946 2012 914,339 - - 2013 712,092 - - 1,607,284 1,361,329 560,193 3,528,806 CICS (van pool) 600,000 Alternative analysis 2,300,000 6,428,806
  17. 17. Department of Local Government Finance – Budget Division  General  Debt Services  Cumulative Fund  Capital Grants  Federal Pass Through Grants City County Council
  18. 18. IPTC Budget Calendar
  19. 19. Indianapolis Public Transportation Corporation Revised Budget Calendar Fiscal Year 2013June 4, 2012 Monday Meeting with City Council CFO-Discuss Budget Schedule - Council OfficeJune 11, 2012 Monday Executive Team Meeting-Discuss Budget Issues and Formulate PlanJune 21, 2012 Thursday Finance Committee - Provide Guidance on Overall Budget ParametersJune 28, 2012 Thursday Regularly Scheduled Board MeetingJuly 3, 2012 Tuesday Rough Out-Revenue Projections 2nd Half 2012 and 2013July 6, 2012 Friday June 30, 2012 - Month End ClosingJuly 9, 2012 Monday Draft Budget Worksheets to Department HeadsJuly 11 & 12, 2012 Wed/Thur Two on One (CEO/CFO) Meetings with Department HeadsJuly 20, 2012 Friday Finance Committee InputJuly 23, 2012 Monday First Pass - Draft 2013 BudgetJuly 24 - 26, 2012 Tue - Thur Budget Changes - CEO/Department Head TweaksJuly 27, 2012 Friday Budget Complete - Put into DLGF Budget FormsJuly 30, 2012 Monday Budget to PrinterAugust 2, 2012 Thursday IPTC Board Meeting (5pm) - Lay Budget on Table (Staffs Plan)August 2, 2012 Thursday Submit Advertisement for PublicationAugust 6, 2012 Monday Advertisement Begins (First Advertising)August 13, 2012 Monday Second Advertisement to Appear in NewspaperAugust 16, 2012 Thursday IPTC Board Meeting (5pm) - Public Hearing/ Comment on BudgetAugust 17, 2012 Friday IPTC Finance Committee - Review Budget and Develop Recommendation to Full BoardAugust 21, 2012 Tuesday Finalize Board Budget Plan and Send to PrinterAugust 27, 2012 Monday IPTC Board Meeting (5pm) - Final Adoption of BudgetAugust 29, 2012 Wednesday File IPTC Approved Budget Electronically with City County CouncilSeptember 10, 2012 Monday Council First AdvertisementSeptember 17, 2012 Monday Council Second AdvertisementSeptember 17, 2012 Monday Budget Introduced at Council Meeting - notice of Public Hearing on BudgetSeptember 20, 2012 (5:30pm) Thursday Municipal Corp Committee - Present Board Approved Budget to CommitteeSeptember 27, 2012 (5:30pm) Thursday Municipal Corp Committee - public hearing on Budget - Present Board Approved Budget to CommitteeOctober 2, 2012 Tuesday Municipal Corp Committee - Final Budget Review and RecommendationOctober 15, 2012 Monday City County Council (7pm-PAR) - IPTC Budget AdoptionOctober 29, 2012 Monday Budget Submitted to County Auditor, City Controller & DLGFDecember 17-28, 2012 Various Field Examination by DLGFDecember 28, 2012 Friday Preliminary Approval by DLGFFebruary 15, 2013 Tuesday Budget Certified by DLGF Revision 2: Dated June 19, 2012
  20. 20. General Information  IPTC Budget Calendar Department of Local Government Finance – Budget Division
  21. 21. General
  22. 22. Prescribed by State Board of Accounts Budget Form 4-B (Rev. 2002)Approved by State Board of Accounts 503 2013 49 6 8001 ID YEAR CO TYPE KEY BUDGET ESTIMATE - FINANCIAL STATEMENT - PROPOSED TAX RATE TAXING UNIT Indianapolis Public Transportation Corp. COUNTY Marion FUND General Fund NET ASSESSED VALUATION 31,584,305,545 (This form is to be prepared for each fund that requires either a tax rate or an appropriation.) ( NOT TO BE PUBLISHED)FUNDS REQUIRED FOR EXPENSES TO DECEMBER 31st OF INCOMING YEAR Indianapolis Public Indianapolis Public City-County Council Transportation Transportation APPROPRIATING BODY 1. Total budget estimate for incoming year 65,170,644 2. Necessary expenditures, July 1 to December 31 of present year, to be made from appropriation unexpended 29,461,804 3. Additional appropriation necessary to be made July 1 to to December 31 of present year 4. Outstanding temporary loans a. To be paid not included in lines 2 or 3 b. Not repaid by December 31 of present year 5. TOTAL FUNDS required (add lines 1, 2, 3, 4a and 4b) 94,632,448 FUNDS ON HAND AND TO BE RECEIVED FROM SOURCES OTHER THAN PROPOSED TAX LEVY: 6. Actual cash balance, June 30 of present year of present year (including cash investments) 5,674,625 7. Taxes to be collected, present year (December Settlement) 9,105,712 8. Miscellaneous revenue to be received July 1 of present year to December 31 of incoming year (Schedule on File): a. Total Column A Budget Form 2 20,548,481 b. Total Column B Budget Form 2 38,783,608 9. TOTAL FUNDS (add lines 6,7,8a and 8b) 74,112,426 10. Net amount to be raised for expenses to December 31of incoming year (deduct line 9 from 5) 20,520,022 11. Operating balance (not in excess of expense January 1 to June 30, less miscellaneous revenue (for same period) 8,947,840 12. Amount to be raised by tax levy (add lines 10 and 11) 29,467,862 13A. Property Tax Replacement Credit from Local Option Tax x 0 13B Operating Loit 1,972,752 14. NET AMOUNT TO BE RAISED BY TAX LEVY (deduct line 13A and 13B from line 12) 27,495,110 15. Levy Excess Fund Applied to Current Budget 0 16. Net Amount to be Raised 27,495,110 17. Net Tax Rate on Each One Hundred Dollars of Taxable Property 0.0871 2
  23. 23. Prescribed by State Board of Accounts City & Town Budget Form No. 2 (Rev. 2002)Approved by State Board of Accounts Boyce Forms Systems 1-800-382-8702 503 2013 49 6 8001 ID YEAR CO TYPE KEY Indianapolis Public Transportation Corporation, Marion COUNTY, IND. ESTIMATE OF MISCEL L ANEOUS REVENUES - GENERAL FUND FROM SOURCES OTHER THAN GENERAL PROPERTY TAXES FOR USE IN PREPARATION OF ESTIMATE OF FUNDS TO B E RAISED, YEAR 2012 ESTIMATE AMOUNTS TO BE RECEIVED A X B X 1-Jul-12 Indianapolis Department of 1-Jan-13 Indianapolis Department of to Public Local Government to Public Local GovernmentOTHER TAXES: 31-Dec-12 Transportation Finance 31-Dec-13 Transportation Finance Indianapolis Public Indianapolis Public DOW PILOT Transportation Transportation 0201 Financial Institutions Tax 41,804 83,600 0202 License Excise Tax 745,523 1,491,000 0203 CAGIT Certified Shares 0204 CAGIT Property Tax Replacement Credit 0212 County Opt Income Tax (LOIT) 987,343 0 0217 CVET Commercial Excise Tax 46,213 92,426 0206 Loit Circuit BreakerLICENSES AND PERMITS:31013102 Dog Licenses Cable TV 3201 Building Permits 3202 Street and Curb Cut PermitsINTERGOVERNMENTAL REVENUE: 1121 1300 Federal Matching Funds (PM) 5,653,518 14,416,177 1399 Transportation Safety Administration Grant 223,951 223,951 1417Public Mass Transit Fund 5,286,558 10,543,133 1501Local Road and Street 1502Liquor Excise Tax Distributions 1503Alcoholic Beverage Gallonage Tax Distribution 1504Cigarette Tax Distributions - General 1505Cigarette Tax to CCIF 1506Cigarette Tax - Fire Pension Fund 1600Cigarette Tax - Police Pension Fund State Payment in Lieu of TaxesCHARGES FOR SERVICES:22062501 Fire Protection Contracts2715 In Lieu of Tax-Mun. Util. 117,402 234,000 2725 Contract Services 2726 Transportation Receipts (Fares) 4,902,270 10,401,921 Route Guarantees 424,260 785,000FINES AND FORFEITURES:41014104 Court Docket Fees Ordinance ViolationsMISCELLANEOUS REVENUES 6100 Interest of Investments 14,000 112,400 6200 Rental Property 6500 Advertising 105,639 400,000 Non-Identified (Miscellaneous)OTHER FINANCING SOURCES: " " "52015202 Transfer From Parking Meter Fund5206 Transfer From CCIF 2725 Tranfer From ______________ Cumulative 2,000,000 Transportation Receipts 9999 Total Columns A and B 20,548,481 38,783,608NOTE: Col. A is for the period from July 1 to December 31 of the present year. Col. B is for the period from January 1 to December 31 of the incoming year. Cols. X are reserved for the State Board of Tax Commissioners adjustments. (CAGIT) means County Adjusted Gross Income Tax.
  24. 24. PRESCRIBED BY THE DEPT. OF LOCAL GOVERNMENT FINANCE BUDGET FORM 4-A 9REVISED 2002)APPROVED BY STATE BOARD OF ACCOUNTS BUDGET REPORT FOR503 2013 49 6 8001 Indianapolis Public Transportation Corporation MARIONID YEAR CO TYPE KEY TAXING UNIT COUNTY ORIGINAL FINAL BUDGET AFTER PUBLISHED AMOUNT APPROVED BY REDUCTION OFFERED BY BUDGET LOCAL COUNCIL OR THE DEPT. OF LOCAL APPROPRIATION BOARD City-County Council GOVT. FINANCE FUND: General DEPARTMENT: Board of Directors FUNCTION: 100000 PERSONAL SERVICES $0 200000 SUPPLIES 0 300000 OTHER SERVICES & CHARGES 0 400000 CAPITAL OUTLAY 0 9999 TOTAL 0 0 FUND: General DEPARTMENT: Executive Dept. 100000 PERSONAL SERVICES $245,815 200000 SUPPLIES 6,000 300000 OTHER SERVICES & CHARGES 6,996,500 400000 CAPITAL OUTLAY 9999 TOTAL $7,248,315 FUND: General DEPARTMENT: Marketing and Service Development 100000 PERSONAL SERVICES $351,700 200000 SUPPLIES 7,000 300000 OTHER SERVICES & CHARGES 1,150,000 400000 CAPITAL OUTLAY 9999 TOTAL 1,508,700 next page TOTAL (ONLY IF DEPARTMENTALIZED)
  25. 25. PRESCRIBED BY THE DEPT. OF LOCAL GOVERNMENT FINANCE BUDGET FORM 4-A 9REVISED 2002)APPROVED BY STATE BOARD OF ACCOUNTS BUDGET REPORT FOR503 2011 49 6 8001 Indianapolis Public Transportation Corporation MARION ID YEAR CO TYPE KEY TAXING UNIT COUNTY ORIGINAL FINAL BUDGET AFTER PUBLISHED AMOUNT APPROVED BY REDUCTION OFFERED BY BUDGET LOCAL COUNCIL OR THE DEPT. OF LOCAL APPROPRIATION BOARD City-County Council GOVT. FINANCE FUND: General DEPARTMENT: Operations Dept. FUNCTION: 100000 PERSONAL SERVICES $15,612,208 200000 SUPPLIES 29,500 300000 OTHER SERVICES & CHARGES 930,738 400000 CAPITAL OUTLAY 9999 TOTAL $16,572,446 FUND: General Flexible Services 100000 PERSONAL SERVICES $219,530 200000 SUPPLIES 4,000 300000 OTHER SERVICES & CHARGES 8,373,000 400000 CAPITAL OUTLAY 9999 TOTAL $8,596,530 FUND: General Maintenance and Facility Management Dept. 100000 PERSONAL SERVICES $3,802,502 200000 SUPPLIES 9,583,000 300000 OTHER SERVICES & CHARGES 1,991,000 400000 CAPITAL OUTLAY 9999 TOTAL $15,376,502 FUND Next page TOTAL (ONLY IF DEPARTMENTALIZED)
  26. 26. PRESCRIBED BY THE DEPT. OF LOCAL GOVERNMENT FINANCE BUDGET FORM 4-A 9REVISED 2002)APPROVED BY STATE BOARD OF ACCOUNTS BUDGET REPORT FOR503 2011 49 6 8001 Indianapolis Public Transportation Corporation MARIONID YEAR CO TYPE KEY TAXING UNIT COUNTY ORIGINAL FINAL BUDGET AFTER PUBLISHED AMOUNT APPROVED BY REDUCTION OFFERED BY BUDGET LOCAL COUNCIL OR THE DEPT. OF LOCAL APPROPRIATION BOARD City-County Council GOVT. FINANCE FUND: General DEPARTMENT: Administrative Services FUNCTION: Dept. 100000 PERSONAL SERVICES $10,175,899 200000 SUPPLIES 184,000 300000 OTHER SERVICES & CHARGES 5,508,252 400000 CAPITAL OUTLAY 0 9999 TOTAL $15,868,151 FUND: DEPARTMENT: FUNCTION: 100000 PERSONAL SERVICES 200000 SUPPLIES 300000 OTHER SERVICES & CHARGES 400000 CAPITAL OUTLAY 9999 TOTAL FUND: DEPARTMENT: FUNCTION: 100000 PERSONAL SERVICES 200000 SUPPLIES 300000 OTHER SERVICES & CHARGES 400000 CAPITAL OUTLAY 9999 TOTAL General Fund TOTAL $65,170,644 (ONLY IF DEPARTMENTALIZED)
  27. 27. Prescribed by the Department of Local Government Finance Budget Form No. 1 (Rev. 2002)Approved by State Board of Accounts 503 2012 49 6 8001 ID YEAR CO TYPE KEY BUDGET ESTIMATE FOR Board of Directors (Office, Board, Commission, Department, Institution or Fund)Indianapolis Public Transportation Corporation Marion (If City ,Town or Fire Protection District Budget, Enter Name) (If County Budget, Enter County Name) For Calendar Year 2013 Total Items Estimate Approved1. PERSONAL SERVICES Salaries and Wages 100 Wages Employee Benefits 120 Benefits 121 Retirement 125 Other Benefits Other Personal Services 170 Payroll Taxes Total Personal Services2. SUPPLIES Office Supplies 200 Parts 210 Office Supplies Operating Supplies 220 Operating Supplies 230 Fuel Repair and Maintenance Supplies Other Supplies 240 Other Supplies Total Supplies
  28. 28. Total Estimate3. OTHER SERVICES AND CHARGES Professional Services 300 Professional Contracts 310 Contract Services 315 Maintenance Contracts Communication and Transportation 320 Dues and Subscriptions 330 Training & Conferences Printing and Advertising 340 Printing & Advertising 347 Promotion Insurance 360 Insurance Utility Services Repairs and Maintenance Rentals Debt Service Other Services and Charges 370 other additional service Total Other Services and Charges 0
  29. 29. Total Total Items Estimate Estimate4. CAPITAL OUTLAYS Land Buildings Improvements Other Than Buildings Machinery and Equipment Other Capital Outlays Total Capital Outlays 0 TOTAL BUDGET ESTIMATE 0 0 (I) (We) hereby certify that the foregoing is a true and fair estimate of the necessary expense of the Indianapolis Public Transportation Corporation Board of Directors (Name of Office, Board, Commission, Department, Institution or Fund) for the calendar year 2013 for the purposes therein specified. Dated this 27th Day of August, 2012 Signature and Title of Officer(s) or Department Head
  30. 30. Prescribed by the Department of Local Government Finance Budget Form No. 1 (Rev. 2002)Approved by State Board of Accounts 503 2013 49 6 8001 ID YEAR CO TYPE KEY B UDGET ESTIMATE FOR Executive Dept. (Office, Board, Commission, Department, Institution or Fund)Indianapolis Public Transportation Corporation Marion (If City ,Town or Fire Protection District Budget, Enter Name) (If County Budget, Enter County Name) For Calendar Year 2013 To tal Item s Es tim ate Ap p r o ved1. PERSONAL SERVICES Salar ies an d Wag es 100 W ages 228,346 Em p lo yee B en efits 228,346 120 Benefits 121 Retirement 125 Other Benefits Oth er Per s o n al Ser vic es 170 Payroll Taxes 17,469 To tal Per s o n al Ser vic es 17,469 245,8152. SUPPL IES Offic e Su p p lies 200 Parts 210 Office Supplies 5,000 Op er atin g Su p p lies 5,000 220 Operating Supplies 230 Fuel Rep air an d Main ten an c e Su p p lies Oth er Su p p lies 240 Other Supplies 1,000 To tal Su p p lies 1,000 6,000 ,
  31. 31. To tal Total Es tim ate3. OTHER SERVICES AND CHARGES Items Estimate Pr o fes s io n al Ser vic es 300 Professional Contracts 310 Contract Services 72,000 315 Maintenance Contracts 10,000 82,000 Co m m u n ic atio n an d Tr an s p o r tatio n 320 Dues and Subscriptions 50,000 330 Training & Conferences 36,000 86,000 Pr in tin g an d Ad ver tis in g 340 Printing & Advertising 6,000 6,000 In s u r an c e 360 Insurance Utility Ser vic es Rep air s an d Main ten an c e Ren tals Deb t Ser vic e Oth er Ser vic es an d Ch ar g es 370 Other 132,500 additional service 6,690,000 6,822,500 To tal Oth er Ser vic es an d Ch ar g es 6,996,500
  32. 32. To tal To tal Item s Es tim ate Es tim ate4. CAPITAL OUTL AYS L an d 0 0 B u ild in g s 0 0 Im p r o vem en ts Oth er Th an B u ild in g s 0 0 Mac h in er y an d Eq u ip m en t 0 0 Oth er Cap ital Ou tlays 0 0 To tal Cap ital Ou tlays 0 TOTAL B UDGET ESTIMATE 7,248,315 (I) (W e) hereby certify that the foregoing is a true and fair estimate of the necessary expense of the In d ian ap o lis Pu b lic Tr an s p o r tatio n Co r p o r atio n (Name of Office, Board, Commission, Department, Institution or Fund) for the calendar year 2013 for the purposes therein specified. Dated this 27th Day of August 2012 Signature and Title of Officer(s) or Department Head
  33. 33. Prescribed by the Department of Local Government Finance Budget Form No. 1 (Rev. 2002)Approved by State Board of Accounts 503 2013 49 6 8001 ID YEAR CO TYPE KEY B UDGET ESTIMATE FOR Marketing and Service Develom ent (Office, Board, Commission, Department, Institution or Fund)Indianapolis Public Transportation Corporation Marion (If City ,Town or Fire Protection District Budget, Enter Name) (If County Budget, Enter County Name) For Calendar Year 2013 To tal Item s Es tim ate Ap p r o ved1. PERSONAL SERVICES Salar ies an d Wag es 100 W ages 326,707 326,707 Em p lo yee B en efits 120 Benefits 0 121 Retirement 0 125 Other Benefits 0 0 Oth er Per s o n al Ser vic es 170 Payroll Taxes 24,993 24,993 To tal Per s o n al Ser vic es 351,7002. SUPPL IES Offic e Su p p lies 200 Parts 0 210 Office Supplies 3,000 3,000 Op er atin g Su p p lies 220 Operating Supplies 230 Fuel Rep air an d Main ten an c e Su p p lies 0 Oth er Su p p lies 240 Other Supplies 4,000 4,000 To tal Su p p lies 7,000
  34. 34. To tal Item s Es tim ate3. OTHER SERVICES AND CHARGES Pr o fes s io n al Ser vic es 300 Professional Contracts 0 310 Contract Services 500,000 315 Maintenance Contracts 0 500,000 Co m m u n ic atio n an d Tr an s p o r tatio n 320 Dues and Subscriptions 0 330 Training & Conferences 0 0 Pr in tin g an d Ad ver tis in g 340 Printing & Advertising 650,000 650,000 In s u r an c e 360 Insurance 0 Utility Ser vic es 0 Rep air s an d Main ten an c e 0 0 Ren tals 0 0 Deb t Ser vic e 0 0 Oth er Ser vic es an d Ch ar g es 370 Other (CICS) 0 0 To tal Oth er Ser vic es an d Ch ar g es 1,150,000
  35. 35. To tal Item s Es tim ate4. CAPITAL OUTL AYS L an d 0 0 B u ild in g s 0 0 Im p r o vem en ts Oth er Th an B u ild in g s 0 0 Mac h in er y an d Eq u ip m en t 0 0 Oth er Cap ital Ou tlays 0 0 To tal Cap ital Ou tlays 0 TOTAL B UDGET ESTIMATE 1,508,700 (I) (W e) hereby certify that the foregoing is a true and fair estimate of the necessary expense of the In d ian ap o lis Pu b lic Tr an s p o r tatio n Co r p o r atio n (Name of Office, Board, Commission, Department, Institution or Fund) for the calendar year 2013 for the purposes therein specified. Dated this 27th Day Of August 2012 Signature and Title of Officer(s) or Department Head
  36. 36. Prescribed by the Department of Local Government Finance Budget Form No. 1 (Rev. 2002)Approved by State Board of Accounts 503 2013 49 6 8001 ID YEAR CO TYPE KEY B UDGET ESTIMATE FOR Operations Dept. (Office, Board, Commission, Department, Institution or Fund)Indianapolis Public Transportation Corporation Marion (If City ,Town or Fire Protection District Budget, Enter Name) (If County Budget, Enter County Name) For Calendar Year 2013 To tal Item s Es tim ate Ap p r o ved1. PERSONAL SERVICES Salar ies an d Wag es 100 W ages 14,381,986 14,381,986 Em p lo yee B en efits 120 Benefits 121 Retirement 125 Other Benefits 130,000 130,000 Oth er Per s o n al Ser vic es 170 Payroll Taxes 1,100,222 1,100,222 To tal Per s o n al Ser vic es 15,612,2082. SUPPL IES Offic e Su p p lies 200 Parts 0 210 Office Supplies 15,000 15,000 Op er atin g Su p p lies 220 Operating Supplies 14,500 230 Fuel 14,500 Rep air an d Main ten an c e Su p p lies Oth er Su p p lies 240 Other Supplies To tal Su p p lies 29,500
  37. 37. To tal Item s Es tim ate3. OTHER SERVICES AND CHARGES Pr o fes s io n al Ser vic es 300 Professional Contracts 310 Contract Services 646,800 315 Maintenance Contracts 2,000 648,800 Co m m u n ic atio n an d Tr an s p o r tatio n 320 Dues and Subscriptions 0 330 Training & Conferences 0 0 Pr in tin g an d Ad ver tis in g 340 Printing & Advertising In s u r an c e 360 Insurance 0 0 Utility Ser vic es Rep air s an d Main ten an c e 0 Ren tals 0 Deb t Ser vic e 0 Oth er Ser vic es an d Ch ar g es 370 Other 281,938 281,938 To tal Oth er Ser vic es an d Ch ar g es 930,738
  38. 38. To tal Item s Es tim ate4. CAPITAL OUTL AYS 0 L an d 0 B u ild in g s 0 0 Im p r o vem en ts Oth er Th an B u ild in g s 0 0 Mac h in er y an d Eq u ip m en t 0 0 Oth er Cap ital Ou tlays 0 0 To tal Cap ital Ou tlays 0 TOTAL B UDGET ESTIMATE 16,572,446 (I) (W e) hereby certify that the foregoing is a true and fair estimate of the necessary expense of the In d ian ap o lis Pu b lic Tr an s p o r tatio n Co r p o r atio n (Name of Office, Board, Commission, Department, Institution or Fund) for the calendar year 2013 for the purposes therein specified. Dated this 27th day of August,2012 Signature and Title of Officer(s) or Department Head
  39. 39. Prescribed by the Department of Local Government Finance Budget Form No. 1 (Rev. 2002)Approved by State Board of Accounts 503 2013 49 6 8001 ID YEAR CO TYPE KEY B UDGET ESTIMATE FOR Flexible Services Dept. (Office, Board, Commission, Department, Institution or Fund)Indianapolis Public Transportation Corporation Marion (If City ,Town or Fire Protection District Budget, Enter Name) (If County Budget, Enter County Name) For Calendar Year 2013 To tal Item s Es tim ate Ap p r o ved1. PERSONAL SERVICES Salar ies an d Wag es 100 W ages 203,000 203,000 Em p lo yee B en efits 120 Benefits 121 Retirement 125 Other Benefits 1,000 1,000 Oth er Per s o n al Ser vic es 170 Payroll Taxes 15,530 15,530 To tal Per s o n al Ser vic es 219,5302. SUPPL IES Offic e Su p p lies 200 Parts 210 Office Supplies 4,000 4,000 Op er atin g Su p p lies 220 Operating Supplies 230 Fuel Rep air an d Main ten an c e Su p p lies Oth er Su p p lies 240 Other Supplies To tal Su p p lies 4,000
  40. 40. 3. OTHER SERVICES AND CHARGES Pr o fes s io n al Ser vic es 300 Professional Contracts 310 Contract Services 7,898,000 315 Maintenance Contracts 7,898,000 Co m m u n ic atio n an d Tr an s p o r tatio n 320 Dues and Subscriptions 330 Training & Conferences Pr in tin g an d Ad ver tis in g 340 Printing & Advertising In s u r an c e 360 Insurance Utility Ser vic es Rep air s an d Main ten an c e Ren tals Deb t Ser vic e Oth er Ser vic es an d Ch ar g es 370 Other 475,000 475,000 To tal Oth er Ser vic es an d Ch ar g es 8,373,000
  41. 41. To tal Item s Es tim ate4. CAPITAL OUTL AYS L an d 0 0 B u ild in g s 0 0 Im p r o vem en ts Oth er Th an B u ild in g s 0 0 Mac h in er y an d Eq u ip m en t 0 0 Oth er Cap ital Ou tlays 0 To tal Cap ital Ou tlays 0 TOTAL B UDGET ESTIMATE 8,596,530 (I) (W e) hereby certify that the foregoing is a true and fair estimate of the necessary expense of the In d ian ap o lis Pu b lic Tr an s p o r tatio n Co r p o r atio n (Name of Office, Board, Commission, Department, Institution or Fund) for the calendar year 2013 for the purposes therein specified. Dated this 27th Day of August, 2012 Signature and Title of Officer(s) or Department Head
  42. 42. Prescribed by the Department of Local Government Finance Budget Form No. 1 (Rev. 2002)Approved by State Board of Accounts 503 2013 49 6 8001 ID YEAR CO TYPE KEY B UDGET ESTIMATE FOR Maintenance and Facility Managem ent Dept. (Office, Board, Commission, Department, Institution or Fund)Indianapolis Public Transportation Corporation Marion (If City ,Town or Fire Protection District Budget, Enter Name) (If County Budget, Enter County Name) For Calendar Year 2013 To tal Item s Es tim ate Ap p r o ved1. PERSONAL SERVICES Salar ies an d Wag es 100 W ages 3,478,404 3,478,404 Em p lo yee B en efits 120 Benefits 121 Retirement 125 Other Benefits 58,000 58,000 Oth er Per s o n al Ser vic es 170 Payroll Taxes 266,098 266,098 To tal Per s o n al Ser vic es 3,802,5022. SUPPL IES Offic e Su p p lies 200 Parts 3,425,000 210 Office Supplies 3,000 3,428,000 Op er atin g Su p p lies 220 Operating Supplies 667,000 230 Fuel 5,462,000 6,129,000 Rep air an d Main ten an c e Su p p lies Oth er Su p p lies 240 Other Supplies 26,000 26,000 To tal Su p p lies 9,583,000
  43. 43. To tal Item s Es tim ate3. OTHER SERVICES AND CHARGES Pr o fes s io n al Ser vic es 300 Professional Contracts 310 Contract Services 1,011,000 315 Maintenance Contracts 1,011,000 Co m m u n ic atio n an d Tr an s p o r tatio n 320 Dues and Subscriptions 330 Training & Conferences Pr in tin g an d Ad ver tis in g 340 Printing & Advertising In s u r an c e 360 Insurance Utility Ser vic es 350 Utilities 980,000 980,000 Rep air s an d Main ten an c e Ren tals Deb t Ser vic e Oth er Ser vic es an d Ch ar g es 370 Other To tal Oth er Ser vic es an d Ch ar g es 1,991,000
  44. 44. To tal Item s Es tim ate4. CAPITAL OUTL AYS L an d B u ild in g s Im p r o vem en ts Oth er Th an B u ild in g s Mac h in er y an d Eq u ip m en t Oth er Cap ital Ou tlays To tal Cap ital Ou tlays TOTAL B UDGET ESTIMATE 15,376,502 (I) (W e) hereby certify that the foregoing is a true and fair estimate of the necessary expense of the In d ian ap o lis Pu b lic Tr an s p o r tatio n Co r p o r atio n (Name of Office, Board, Commission, Department, Institution or Fund) for the calendar year 2013 for the purposes therein specified. Dated this 27th Day of August, 2012 Signature and Title of Officer(s) or Department Head
  45. 45. Prescribed by the Department of Local Government Finance Budget Form No. 1 (Rev. 2002)Approved by State Board of Accounts 503 2013 49 6 8001 ID YEAR CO TYPE KEY BUDGET ESTIMATE FOR Administrative Services Dept. (Office, Board, Commission, Department, Institution or Fund)Indianapolis Public Transportation Corporation Marion (If City ,Town or Fire Protection District Budget, Enter Name) (If County Budget, Enter County Name) For Calendar Year 2013 Total Items Estimate Approved1. PERSONAL SERVICES Salaries and Wages 100 Wages 1,801,758 1,801,758 Employee Benefits 120 Benefits 6,544,307 121 Retirement 800,000 125 Other Benefits 892,000 8,236,307 Other Personal Services 170 Payroll Taxes 137,834 137,834 Total Personal Services 10,175,8992. SUPPLIES Office Supplies 200 Parts 30,000 210 Office Supplies 30,000 Operating Supplies 220 Operating Supplies 230 Fuel 0 Repair and Maintenance Supplies 0 Other Supplies 240 Other Supplies 154,000 154,000 Total Supplies 184,000
  46. 46. Total Items Estimate3. OTHER SERVICES AND CHARGES Professional Services 300 Professional Contracts 1,014,000 310 Contract Services 1,828,000 315 Maintenance Contracts 1,250,000 2,842,000 Communication and Transportation 320 Dues and Subscriptions 6,000 330 Training & Conferences 93,255 99,255 Printing and Advertising 340 Printing & Advertising 79,000 79,000 Insurance 360 Insurance 1,885,000 1,885,000 Utilities 355 Telephone 100,000 100,000 Repairs and Maintenance 0 0 Rentals 0 0 Debt Service 0 0 Other Services and Charges 370 Other 502,997 502,997 Total Other Services and Charges 5,508,252
  47. 47. Total Items Estimate4. CAPITAL OUTLAYS Land 0 Buildings 0 Improvements Other Than Buildings 0 Machinery and Equipment 0 Other Capital Outlays Total Capital Outlays 0 TOTAL BUDGET ESTIMATE 15,868,151 (I) (We) hereby certify that the foregoing is a true and fair estimate of the necessary expense of the Indianapolis Public Transportation Corporation (Name of Office, Board, Commission, Department, Institution or Fund) for the calendar year 2013 for the purposes therein specified. Dated this 27th Day of August, 2012 Signature and Title of Officer(s) or Department Head
  48. 48. Debt Services
  49. 49. Prescribed by State Board of Accounts Budget Form 4-B (Rev. 2002)Approved by State Board of Accounts 503 2013 49 6 8080 ID YEAR CO TYPE KEY BUDGET ESTIMATE - FINANCIAL STATEMENT - PROPOSED TAX RATE TAXING UNIT Indianapolis Public Transportation Corp. COUNTY Marion FUND Debt Service NET ASSESSED VALUATION 31,584,305,545 (This form is to be prepared for each fund that requires either a tax rate or an appropriation.) (NOT TO BE PUBLISHED)FUNDS REQUIRED FOR EXPENSES TO DECEMBER 31st OF INCOMING YEAR 508 Indianapolis Public Indianapolis Public CITY-COUNTY COUNCIL Control Board Ana DLGF Transportation Transportation Appropriating Body Fi nal Action 1. Total budget estimate for incoming year 1,859,776 2. Necessary expenditures, July 1 to December 31 of present year, to be made from appropriation unexpended 1,674,653 3. Additional appropriation necessary to be made July 1 to to December 31 of present year 4. Outstanding temporary loans a. To be paid not included in lines 2 or 3 b. Not repaid by December 31 of present year 5. TOTAL FUNDS required (add lines 1, 2, 3, 4a and 4b) 3,534,429 FUNDS ON HAND AND TO BE RECEIVED FROM SOURCES OTHER THAN PROPOSED TAX LEVY: 6. Actual cash balance, June 30 of present year of present year (including cash investments) 678,356 7. Taxes to be collected, present year (December Settlement) 707,913 8. Miscellaneous revenue to be received July 1 of present year to December 31 of incoming year (Schedule on File): a. Total Column A Budget Form 2 67,496 b. Total Column B Budget Form 2 134,992 9. TOTAL FUNDS (add lines 6,7,8a and 8b) 1,588,757 10. Net amount to be raised for expenses to December 31of incoming year (deduct line 9 from 5) hyh 1,945,672 11. Operating balance (not in excess of expense January 1 to June 30, less miscellaneous revenue (for same period) 12,803 12. Amount to be raised by tax levy (add lines 10 and 11) 1,958,475 13A. Property Tax Replacement Credit from Local Option Tax 0 13B Operating Loit 0 14. NET AMOUNT TO BE RAISED BY TAX LEVY (deduct line 13A and 13B from line 12) 1,958,475 15. Levy Excess Fund Applied to Current Budget 0 16. Net Amount to be Raised 1,958,475 17. Net Tax Rate on Each One Hundred Dollars of Taxable Property 0.0062

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