1. 1 FY05 Budget Proposal March 4, 2004

2. 2 Presentation Overview FY04 ridership and improvements FY05 background FY05 anticipated outcomes FY05 budget highlights Looking beyond FY05

3. 3 Rail and Bus Ridership Setting New Highs Cumulative Growth RailBus Avg. annual growth rate BusRail 1/01 – 1/02 13%15%15% 13% 1/01 – 1/0332%37%15% 17% 1/01 – 1/0441%44%12% 13%

4. 4 Ridership growth rates – Why have they slowed? VRE Limited available seating Parking shortages Bus Fare increase reduced OmniLink ridership more than anticipated Transitional difficulties resulting from contractor change

5. 5 FY04 Bus Service Improvements PRTC Website enhancement (August 03) Delivery of 8 MCI buses (September 03) Implementation of Fare/Ticketing Plan Phase I (October 03) Added trips to relieve crowding (October 03 and February 04) MDTs Phase I operational (November 03) Customers’ perceptions of service quality have rebounded (January 04), marking end of transition – better now in most areas than WMATA at its best

6. 6 FY04 Rail Service Improvements Gallery cars introduced to expand seating capacity (November 03 and incrementally thereafter) New ticket vending machines fully implemented (January 04) Expanded parking to ease shortage at Rippon (March 04) New AMTRAK agreement through end of FY05 (March 04) to afford time for negotiation of longer-term agreement Train tracking program enhancement (“Train Brain”) implemented (March 04)

7. 7 FY05 Background Observations Follows Commission's adopted budget principles Summary of principles “Existing service expansion” allowance to handle ridership growth Phase II fare/ticketing plan for bus services deferred to FY06 Bus service formerly supported by reimbursable funding to be sustained with local funds Additional Ride/Link services:  Saturday Link service for easterly Link routes  Linton Hall Ride service  Ridgefield Road Ride service OmniLink subsidy allocation formula change adopted by Commission to achieve equitable cost sharing Embraces PRTC share of VRE budget as accepted by commissions

8. 8 Anticipated FY05 Outcomes -- Bus New all-time ridership high Continued gains in customer satisfaction Award contract for as many as 21 OmniRide buses Delivery of 18 Gillig buses New fareboxes installed Rehabilitation of 17 OmniRide buses Land Acquisition/Environmental Assessment for Transit Center parking expansion Updated bus service improvement plan

9. 9 Anticipated FY05 Outcomes -- Rail All gallery cars placed in service to expand seating capacity Parking expansion Surface lots completed @ Woodbridge, Broad Run, and Old Town Manassas Deck plans fully designed @ Old Town Manassas and Burke New rolling stock procurement plans prepared Mid-day yard storage capacity expansion plans finalized

10. 10 FY05 Local Subsidy in Brief Jurisdiction FY04 FY05 Chg Prince William$5.183M $6.192M 19% Manassas.388M.332M (14%) Manassas Park.120M.149M 24% Stafford.054M.045M (17%) Fredericksburg.026M.024M (8%) PRTC Local Subsidy$5.771M $6.742M 17% (Excluding VRE) VRE Subsidy (from PRTC $3.151M $3.148M 0% Jurisdictions) Total PRTC Subsidy $8.922M $9.890M 11%

11. 11 Looking Beyond FY05 -- Bus Expanded Bus Service: Increased OmniRide Route One service (FY06) Supplemental OmniLink Route One service (FY06) Possible longer-term service additions as outgrowths of updated bus service plan and prospective HOT lanes Transit Center parking expansion

12. 12 Looking Beyond FY05 -- Rail Capacity expansion as envisioned by completed strategic plan and as resources allow Possible system extensions Long-term agreement with AMTRAK ensuring terminal access rights

13. 13 FY06 – FY09 Local Subsidy Implications __ _ FY06___ FY07___ _FY08___FY09_ PWC $7.617M $6.742M $6.632M $6.697M Manassas.337M.330M.329M.339M Manassas Park.151M.148M.147M.151M Stafford.046M.033M.019M.019M Fredericksburg.024M____.018M____ _.010M___ _.010M Total $8.175M $7.271M $7.137M $7.216M (Excluding VRE) VRE Subsidy $3.492M $3.758M___$4.096M $7.747M from PRTC Jurisdictions) Total Subsidy $11.667M $11.029M $11.233M $14.963M

14. 14 Projected Fuel Tax Revenue

15. 15 Projected Fuel Tax Fund Balances