LAKETRAN

REVENUE AND EXPENSE PROJECTION - 2010

2010 Budget
2010 2009 2010 vs 2009 Budget 2010 vs 2009 Budget 2009 vs
Budget Budget Dollars Percent Projection 2009 Projection
Operating Revenue
Fares, Commuter Express 635,000 618,011 16,989 2.75% 635,000 0.00%
Fares, Local Fixed Route 231,000 275,843 (44,843) -16.26% 231,000 0.00%
Fares, Dial-a-Ride 595,000 582,759 12,241 2.10% 512,000 16.21%
New Freedom Dialysis 90,000 - 90,000 90,000 0.00%
Medicaid NET 312,000 - 312,000 275,000 13.45%
Medicaid IO Waivers 312,000 - 312,000 200,000 56.00%
I Formula Funds ADA 55,000 57,154 (2,154) 50,000 10.00%
II Formula Funds ADA - - - -
Society for Rehab - - - -
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Sub-Total 2,230,000 1,533,767 696,233 45.39% 1,993,000 11.89%
Advertising 80,000 80,000 - 0.00% 75,000 6.67%
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Total Operating Revenue 2,310,000 1,613,767 696,233 43.14% 2,068,000 11.70%

Non-Operating Revenue
Sales Tax Revenue 7,070,000 7,680,152 (610,152) -7.94% 7,070,000 0.00%
Federal Grants and Reimb. 1,640,000 1,600,000 40,000 2.50% 1,600,000 2.50%
ARRA - - - -
State Grants, Reimb., E&D 622,000 633,000 (11,000) -1.74% 697,000 -10.76%
New Freedom Funds - Travel 36,000 33,000 3,000 9.09% 15,000 140.00%
New Freedom Funds - Admin 6,300 8,700 (2,400) -27.59% 6,000 5.00%
Interest Income 120,000 180,000 (60,000) -33.33% 130,000 -7.69%
Fuel Tax Credit - 65,000 (65,000) 55,000 -100.00%
Other Income - 21,000 (21,000) -100.00% 6,500 -100.00%
Auction Proceeds - - - -
Prior Years Cash - 1,830,881 (1,830,881) -100.00% -
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Total Non-Operating Revenue 9,494,300 12,051,733 (2,557,433) -21.22% 9,579,500 -0.89%

Total Revenue 11,804,300 13,665,500 (1,861,200) -13.62% 11,647,500 1.35%

Wages & Benefits

Wages 5,460,000 6,550,000 (1,090,000) -16.64% 5,600,000 -2.50%
PERS & Other P/R Benefits 1,266,150 1,490,000 (223,850) -15.02% 1,300,000 -2.60%
Healthcare Insurance 1,165,000 1,172,000 (7,000) -0.60% 1,060,000 9.91%
Other Benefits 105,000 132,000 (27,000) -20.45% 57,000 84.21%
Services 775,000 645,000 130,000 20.16% 600,000 29.17%
Supplies
Fuel & Oil 977,000 1,424,000 (447,000) -31.39% 1,106,000 -11.66%
Parts 325,000 367,000 (42,000) -11.44% 280,000 16.07%
Other 220,000 272,000 (52,000) -19.12% 200,000 10.00%
Utilites 220,000 228,500 (8,500) -3.72% 205,000 7.32%
Casualty & Liability 575,000 593,000 (18,000) -3.04% 540,000 6.48%
Purchased Transportation 575,000 559,000 16,000 2.86% 540,000 6.48%
Miscellaneous Expenses
Dues & Subscriptions 35,000 50,000 (15,000) -30.00% 35,000 0.00%
Professional Dev. - Employee 20,000 20,000 - 0.00% 17,500 14.29%
Professional Dev. - Board 8,500 17,000 (8,500) -50.00% 8,500 0.00%
Advertising & Marketing 69,500 131,000 (61,500) -46.95% 69,500 0.00%
Other 8,150 15,000 (6,850) -45.67% 29,000 -71.90%
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11,804,300 13,665,500 (1,861,200) -13.62% 11,647,500 1.35%

Net Income (Exc. Deprec.) - - -