1. Transit Financials - Round Table Discussion
Lan Rao
Finance Administrator
Mountain Metropolitan Transit
September 21, 2017

2. Part I: MMT Information Part II: Round Table Discussion
Transit Financials
Part I: MMT Information
Part II: Round Table Discussion

3. Mountain Metropolitan Transit (MMT)
Transit Services Division
A division of the City of Colorado Springs
Transit staff functions
Visioning, planning and community relations
Contract management, oversight and compliance
Set policies and standards
Transit Org Chart
Support from other City departments
Transit Contractors
Fixed-Route Service: McDonald Transit
ADA Paratransit Service: National Express
Fleet Maintenance: Transdev
Human Service Providers (HSP)
Facilities Contractors
IT Contractors
Planning Consultants

4. MMT Services Mountain Metro Fixed-Route Service
7 days a week, 362 days per year
Provided more than 3 million passenger trips annually
Specialized Transportation
Metro Mobility ADA paratransit
ADA-required within ¾ miles of fixed-route service
Same days and times as fixed-route service (7/362)
Human Services Transportation
Above and beyond ADA requirements
Services provided by Silver Key, Fountain Valley Sr. Center, Amblicab and Community Intersections
Metro Rides
Vanpool commuter program
7 days a week; primarily weekdays
Carpool, Schoolpool and biking programs

5. Fixed-Route Bus Service
Serving the Pikes Peak Region
North to Research Parkway
East to the Powers/Tutt Boulevard Corridor
South into Widefield/Security
West into Manitou Springs

6. 2017 Transit Operating Budget Revenue
Total: $22,670,399
MOE: $5,717,814

7. 2017 Transit Operating Budget Expenditure
Total: $22,670,399

8. 2017 Transit Capital Budget Revenue
Total: $10,243,265

9. 2017 Transit Capital Budget Expenditure
Total: $10,243,265

10. Transit Operating Budget Projection PPRTA and City Funding

11. Part I: MMT Information Part II: Round Table Discussion
Transit Financials
Part I: MMT Information
Part II: Round Table Discussion

12. Potential Discussion Topics
What are the biggest challenges?
Staffing, Audit, Grants, NTD, Contracts
Revenue collection
Who collects revenue, cash control, online bus pass system
Expenditure monitor
Budget vs. expenditure, Encumbrance report
NTD reporting
Operational, Safety and Security, Financial, assets, sampling data
Budgeting
Budget cycle, operating vs capital, CIP projects, operating reserve
Grants Management
Rules and regs, CDOT and FTA grants, system, reporting
Audit
Annual NTD, Triennial, Single audit, others
Procurement
Spending threshold, fuel purchase, credit card, use of financial data to help procurement practices

13. Potential Discussion Topics
Additional topics

14. Transit Financials Part I: MMT Information
Part II: Round Table Discussion
Lan Rao
Finance Administrator
Mountain Metropolitan Transit
(719)