1. November Financial Plan 2006 – 2009
MTA Final Proposed Budget
November Financial Plan 2006 – 2009
DJC
November 16, 2005
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Metropolitan Transportation Authority

2. February vs. July Plans Closing Cash Balances Before Gap Closing and Other Actions ($ in millions)
2005
2006
2007
2008
2009
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3. Three Main Drivers for Baseline Net Improvement from February Plan to July Plan ($ in millions)
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4. Non-Recurring Portion of the 2005 Surplus ($ in millions)
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5. July Financial Plan Closing Cash Balance After Gap Closing and Other Actions* ($ in millions)
* Includes additional 5% revenue increases in 2007 and 2009, consistent with prior plans.
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6. Update of Non-Recurring Funds ($ in millions)
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7. 2005 Monthly Real Estate Transaction Tax Receipts*
Includes State MRT and 90% of Urban Tax (excludes paratransit and CDOT portions). Additional 1/8% in MRT-1 rate is reflected in Mid-Year Update forecast and Actual beginning with July cash, but is not reflected in Adopted Budget forecast.
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8. November Financial Plan Reasons for Baseline Net Improvements ($ in millions)
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9. Recommendations for the Non-Recurring $700 million
Address Needs in MTA Capital Security Program ($100 million)
Provide Agency Service Enhancements
($50 million)
Provide Half Fare Initiative and Holiday Promotions ($50 million in 2005 / $50 million in 2006)
Reduce Unfunded Pension Liabilities
($450 million)
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10. November Financial Plan With Policy and Gap Closing Actions ($ in millions)
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11. November Financial Plan Closing Cash Balance After Policy and Gap Closing Actions* ($ in millions)
* Includes additional 5% revenue increases in 2007 and 2009, consistent with prior plans.
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