Board Report | February 21, 2017 ANYONE WISHING TO SPEAK BEFORE THE VOTE ON ANY AGENDA ITEM MUST FILL OUT A PURPLE FORM ON THE SIGN-IN TABLE. COMMENTS WILL BE LIMITED TO THREE MINUTES. Audience Questions and Comments PERSONS WISHING TO SPEAK MUST FILL OUT A WHITE FORM, LOCATED ON THE SIGN-IN TABLE, BEFORE THE MEETING. COMMENTS WILL BE LIMITED TO THREE MINUTES.

Board Report | February 21, 2017 CHAIR REPORT

EXECUTIVE MANAGEMENT REPORT February 21, 2017 Justin T. Augustine, III Tornado – February 7, 2017 - UPDATE City Council Presentation – February 22, 2017 NBA All Star Game/Mardi Gras - UPDATE New Business – CDM Smith Contract DBE 4th Quarter Report

JANUARY 2017 FINANCIALS February 21, 2017 Ronald G. Baptiste, Jr.

TOTAL OPERATING REVENUES   Month of January Year-to-Date January - - - - - - - - - - - - - 2 0 1 7 - - - - - - - - - - - - - 2016 - - - - - - - - - - - - - - - 2 0 1 7 - - - - - - - - - - - - - - - BUDGET ACTUAL VARIANCE OPERATING REVENUES Passenger Revenue $ 1,374,506 $ 1,419,833 $ 45,327 $ 1,345,591 $ 1,374,506 $ 1,419,833 $ 45,327 General Use Sales Tax 5,005,760 5,165,384 Hotel/Motel Sales Tax 422,731 427,589 State Motor Vehicle Sales Tax 534,810 425,757 Other Revenue 160,200 185,923 25,723 128,078 TOTAL OPERATING REVENUES $ 7,498,007 $ 7,569,057 $ 71,050 $ 7,492,399 $ 7,498,007 $ 7,569,057 $ 71,050 Labor and Fringe Benefits $ 59,509 $ 17,019 $ 42,491 $ 16,201 $ 59,509 $ 17,019 $ 42,491 Services 6,668,292 6,711,499 (43,207) 5,817,683 Materials and Supplies 393,500 264,987 128,513 154,803 Utilities 139,697 132,774 6,923 103,534 Casualty & Liability 513,115 488,538 24,577 512,283 Taxes 39,066 37,571 1,495 28,858 Miscellaneous 14,016 4,134 9,882 5,252 $ 7,827,195 $ 7,656,522 $ 170,673 $ 6,638,614 $ 7,827,195 $ 7,656,522 $ 170,673 NET OPERATING REVENUE $ (329,188) $ (87,464) $ 241,724 $ 853,786 $ (329,188) $ (87,464) $ 241,724

(Before Operating Assistance) TOTAL MARITIME OPERATIONS   Month of January Year-to-Date January - - - - - - - - - - - - - 2 0 1 7 - - - - - - - - - - - - - 2016 - - - - - - - - - - - - - - - 2 0 1 7 - - - - - - - - - - - - - - - BUDGET ACTUAL VARIANCE TMSEL LEGACY COSTS TMSEL Pension Costs $ - $ 0 $ 133,333 $ - $ 0 TMSEL Health Benefit Costs 182,960 116,996 65,964 195,068 TMSEL Workers' Comp. Costs 71,250 18,171 53,079 154,181 TMSEL All Other Costs 70,823 66,694 4,129 46,915 $ 325,033 $ 201,861 $ 123,172 $ 529,497 $ 325,033 $ 201,861 $ 123,172 NET REVENUE $ (654,221) $ (289,325) $ 364,896 $ 324,289 $ (654,221) $ (289,325) $ 364,896 (Before Operating Assistance) MARITIME OPERATIONS Passenger Fares $ 152,500 $ 107,021 $ (45,479) $ 109,233 $ 152,500 $ 107,021 $ (45,479) Services (639,965) (652,445) 12,480 (557,807) Materials and Supplies (57,823) (25,365) (32,458) (16,908) Other Operating Expenses (108) (65) (43) (66) Grant Expenses (77,626) (5,864) Preventive Maintenance Grant Revenues 62,101 4,691 State Subsidy 560,921 586,380 25,458 466,721 TOTAL MARITIME OPERATIONS $ (0) $ (0) $ 0 $ (0)

Month of January Year-to-Date January   Month of January Year-to-Date January - - - - - - - - - - - - - 2 0 1 7 - - - - - - - - - - - - - 2015 - - - - - - - - - - - - - - - 2 0 1 7 - - - - - - - - - - - - - - - 2016 BUDGET ACTUAL VARIANCE GOVERNMENT OPERATING ASST. Preventive Maintenance $ 955,381 $ 1,002,885 $ 47,504 $ 890,354 $ 955,381 $ 1,002,885 $ 47,504 State Parish Transportation 156,402 184,036 Federal - Other 3,788 (3,788) Other State Funds 3,313 TOTAL GOV'T. OPERATING ASST. $ 1,115,571 $ 1,159,287 $ 43,716 $ 1,077,703 $ 1,115,571 $ 1,159,287 $ 43,716 NET REVENUE $ 461,350 $ 869,962 $ 408,612 $ 1,401,992 $ 461,350 $ 869,962 $ 408,612 (after Government Operating Asst.) GOV'T NON-OPERATING REV. (EXP.) Federal - Capital $ 599,777 $ 218,761 $ (381,016) $ 58,564 $ 599,777 $ 218,761 $ (381,016) Local - Capital 740,050 (2,791) (742,841) 243,801 Capital Expenditures (1,339,827) (269,284) 1,070,543 (313,038) FEMA Insurance Reimbursement FEMA Project Worksheets 3,342 FEMA Project Worksheet Expenditures (3,342) TOTAL GOV'T NON-OPER. REV. (EXP.) $ - $ (53,314) $ (53,314) $ (10,672) $ - $ (53,314) TOTAL REVENUE (EXPENSE) BEFORE $ 816,647 $ 355,297 $ 1,391,319 $ 816,647 $ 355,297 CAPITAL EXPENDITURES AND DEBT

Month of January Year-to-Date January   Month of January Year-to-Date January - - - - - - - - - - - - - 2 0 1 7 - - - - - - - - - - - - - 2016 - - - - - - - - - - - - - - - 2 0 1 7 - - - - - - - - - - - - - - - BUDGET ACTUAL VARIANCE CAPITAL EXPENDITURES Interest Income - Capital (bonds) $ 5,000 $ 30,205 $ 25,205 $ 65,600 $ 5,000 $ 30,205 $ 25,205 Capital Interest Expense (593,838) (409,145) 184,693 (405,541) Interest from Disaster Borrowing (102,463) (110,380) TOTAL CAPITAL EXPENDITURES $ (691,301) $ (481,403) $ 209,898 $ (450,320) $ (691,301) $ (481,403) $ 209,898 PRINCIPAL ON LONG TERM DEBT Principal on Long Term Debt $ (548,882) $ (0) $ (531,169) $ (548,882) $ (0) Principal on Disaster Borrowing (178,538) (170,621) TOTAL PRINCIPAL ON L-TERM DEBT $ (727,420) $ 0 $ (701,789) $ (727,420) $ 0 OTHER FUNDING SOURCES Restricted Operating / Capital Reserve 957,371 392,176 565,195 (239,210) TOTAL OTHER FUNDING $ 957,371 $ 392,176 $ 565,195 $ - $ 957,371 $ 392,176 $ 565,195 NET OPERATING REVENUE $ 0

Cleaner, Smarter Transit. THE END @NewOrleansRTA