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Presentation on theme: "Transit Agency Status FY 2011-12"— Presentation transcript:
Slide1
Transit Agency StatusFY 2011-12
Current Financial PositionCurrent OperationsService Statistics/TrendsFunding Statistics/TrendsOther Information/AssumptionsCapital Status Review
1
Slide2
Current Financial Position:Reserves/Retained Earnings
SourceBalanceLottery
MATP
MH/MR
Area
Agency on AgingOther State $WIC – Funding Specific (must be used for just WIC)$34k
2
Slide3
Current Financial Position:Level of Short-Term Debt/Loans—Identify each line of credit (excludes long-term bond financing)The county general fund meets all cash flow needs of transportation in order to avoid any short-term loans.
Since 2007-08, the county has subsidized us by $298K. FY11-12 is $240K
Name of Financial Institution
Amount of Available
CreditInterest RateCurrent Credit in Use
3
Slide4
Current Financial Position:Accounts Payable – Past due 90 days and over
Accounts Receivable – Past due 90 days and overVendorAmount Past Due
Estimated Pay Date
Program/Agency
Amount Past Due
Date Requisitioned
Estimated Pay Date
4
Slide5
Current Operations:Staffing LevelContract ProvisionsHealthcarePension
FuelFaresOther major factors producing cost increases above inflationCost Savings Initiatives5
Slide6
Staffing Level/Org Chart
Provide a current organization chart with vacant and new positions. Include a justification for new planned positions. Director: Rose A. Cook Asst. Trans. Mgr: Patti Deimler Admin. Coord: Monica Ayer-Silvious
Trans
Asst
: Jan Keck Dept. Clerk III: Cris Bitner6
Slide7
Staffing Level/Org Chart
Dept. Clerk II: Mark Ryder , Kathy Witmer and vacant Full-time Drivers: Gerald Bailey, Marie Burge, Sandy Hockenberry, Charlotte Horner, Denny Martin, Wayne Myers, Randy Owens, Kim Rohrer, Cathie Stouffer, Millard Wardecker and Jerry Witmer Part-time Drivers: Charlie Carothers, Wally Conrad, Gerald Fair, Robert Forbes, Wilson Gardner, William
Griffie
, Gray
Hockenberry
, Rich Kreitzer, Dean Sadesky, Gary Smith, Denny Steinour, Merle Zinn and 5 vacancies with 2 potentially starting 3/20/12 (Robert Montgomery and Denny Killinger) Driver Training: Wayne Yost
Important Labor ProvisionsUse of part-time employees : Use part-time drivers everyday. Scheduled to work 5 days on/5 days off. Some work 2-3 days a week.
Number/percent of “split shift” drivers: There are time we use drivers in a split shift. We intend to use this in the future.Overtime: Due to current open positions, we are paying overtime. Once we hire new drivers and train them, these hours should decrease. However, we will always have some overtime.Outsourcing : Only MATP. Summer camp, out of service area and hours we cannot accommodate.9
Slide10
Healthcare
Describe any proposed changes and the estimated financial impacts.Healthcare costs will increase 10% year to year.
Non-Union
Basic Coverage
Current
FY 2012-13Employee ContributionsCurrent
FY 2012-13
Co-Payment
Current
FY 2012-13
10
Slide11
Pension
Non-Union
Employee Contributions
Current
5-15%; 5%
tax deferred (min) 10% taxable$106K county portionFY 2012-13
$110K county portion
Minimum Age
to Qualify for Retirement
Current
60 or 55 with 20 yrs. of service
FY 2012-13
60 or 55 with 20 yrs. of service
Minimum Number of Years to Qualify for Retirement
Current
No
amount if over 60
FY 2012-13
No
amount if over 60
Minimum Number of Years to be
Vested
Current
5 years
FY 2012-13
5 years
11
Slide12
Pension:Describe any proposed changes and the estimated financial impacts.The annual actuary valuation is the variable in establishing the financial impact.
Provide a status of the degree to which the pension funding is funded. If not fully funded please provide your strategy to fully fund pension.The plan is a defined benefit plan. It is self-maintained with investments and contributions from county and employees.12
Slide13
Fuel:Current Cost per GallonContract rate or market rate? Market rate Hampden Township $3.25
ConsorsiumSheetz - $3.37 on 1/17/12Gleim Bio-Fuel $3.33 on 1/17/12Projected Cost per Gallon and Basis for ProjectionContract rate or market rate? Market rateHampden TownshipSheetz - $3.707Gleim
Bio-Fuel
13
Slide14
Shared Ride Fares:Date of Last Fare Increase
April 2007Current Average fare $12.50Sponsorship arrangements N/APlanned ChangesDate of planned increase Estimated average fare $15.58Sponsorship arrangements N/ADescribe Fare Policy:
Approved Shared-Ride Fare Structure
14
Slide15
Other Major Factors Producing Cost Increases Beyond Inflation:
FactorsCurrent AmountProjected Future Amount
Explanation
Fuel
$234K
$288KBased on market conditionsVehicle Maintenance(Internal vs. External)$137K$148K$33/hr
internal vs. $117/
hr
external
Health
Benefits/Retirement
$360K
$396K
Based on market conditions
15
Slide16
Cost Savings Initiatives:
InitiativeCurrent CostPlanned Action and Implementation Date
Projected Savings
Change from diesel
to gasoline vehicles
$270KVehicles procured on the road; in process$.50 p/gal decreaseHealth wellness initiatives$360KIn process5-10% savings
Pass. Trips145,121146,024147,484148,959150,449Cost per Trip$14.58$15.58$16.48$17.52$18.63
Rev
. per Trip
$12.95
$12.95
$12.95
$12.95
$12.95
Trips per Hour
3.46
3.36
3.36
3.36
3.36
Slide19
Other Information/Assumptions:Clienteles’ physical/mental capabilities dictate the length of the trips. As client’s care becomes home-based, cost of trip will increaseBought gasoline engine buses to reduce costs associated with diesel vehicles, i.e. non-diesel is less than diesel
Service we provide has qualitative values that cannot be proven monetarilyA raise in fares does not always mean we will not be in a deficitDelivery charges will increase the cost based on fuel chargesTechnological software/hardware initiatives could potentially enhance services/cost savings19
