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

2. 2 Budget Challenges

3. 3 Budget Solutions

4. 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. 5 FY06 Proposed FTE Changes

6. 6 FY06 Proposed Budget Change by Dept

7. 7 General & Administrative FTE in Budget

8. 8 General & Administrative Cost

9. 9 FY06 Proposed Sources of Funds

10. 10 FY06 Proposed Uses Expended by Program

11. 11 Fare Revenues

12. 12 FY07 Enterprise Fund Forecast

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

14. 14 Discussion