Los Angeles County Metropolitan Transportation Authority FY06 Proposed Budget Annual Governance Council Meet & Confer May 23, 2005

2 Budget Challenges

3 Budget Solutions

4 Budget Risks Consent decree Fuel/propulsion power price fluctuation Orange Line Service Fare revenues Workers’ compensation Homeland security Casualty & Liability settlements Sales tax revenues

5 FY06 Proposed FTE Changes

6 FY06 Proposed Budget Change by Dept

7 General & Administrative FTE in Budget

8 General & Administrative Cost

9 FY06 Proposed Sources of Funds

10 FY06 Proposed Uses Expended by Program

11 Fare Revenues

12 FY07 Enterprise Fund Forecast

13 Los Angeles Fare Revenue per Boarding – (ranked among the eight lowest cities in the nation)

14 Discussion