Proposed FY 2010 Budget: Highlights

• Overall revenue is expected to be $185 million – down $9.9 million from FY 2009.

• Operating expenses are expected to be $165 million – down almost $4 million.

• After capital expenses, contributions to area mobility projects, and railcar leases, the ending cash balance is expected to be $10.8 million (20.5 days of operating expenses). Goal is to build up to $27.4 million (two months of expenses) over three years.

• $2.6 million of federal stimulus money will be used to forestall fare increases until August.

• Most rank-and-file employees will still get scheduled 1.5% raises in January and July, as per union contract, but increases in medical deductibles are possible.

• For administrative staff: There will be no merit pay increases; 37 positions (12% of work force) remain unfilled; employee contributions to health plan will be increased.

• 'Dillo service will be suspended and some other routes will be cut or modified, resulting in 1.6% fewer annual service hours.

• Changes for MetroAccess (services for disabled) will be enacted, including stronger penalties for no-shows and cancellations.