(A) The revised budget in Exhibit I, attached to the ordinance incorporated herein and specifically made a part hereof, shall be adopted for 1986, incorporating the revised public funding estimate of $120,932,000.
(B) The Chairperson of the Commuter Rail Division and, at the Chairperson’s designation, the Executive Director and his or her designees are hereby authorized and directed to notify the respective carriers of the revised estimates of funding available to each.
METRA/METROPOLITAN RAIL TABLE 5 FY86 COMMUTER RAIL OPERATING BUDGET, BY CARRIER AND TYPE OF EXPENSE* | |||||||
NIRC | BN | C&NW | ICG | N&W | CSSSB** | TOTAL | |
REVENUES: Passenger Revenue Other Revenues Total System Generated Revenue | $30,765,205 $4,234,000 $34,999,205 | $24,013,754 $38,000 $24,051,754 | $47,919,601 $425,000 $48,344,601 | $21,902,327 $564,000 $22,466,327 | $1,820,222 - $1,820,222 | $1,363,922 $36,000 $1,399,922 | $127,785,031 $5,297,000 $133,082,031 |
EXPENSES: Way and Structures Maintenance and Equipment Fuel Transportation General and Administration Commuter Division Non-Primary Expenses Total Operating Expenses Additional Compensation*** Total Funded Expenses | $10,012,536 $18,546,589 $3,682,973 $30,725,637 $14,358,358 - - $77,326,093 - $77,326,093 | $3,265,592 $7,532,220 $2,023,006 $20,415,599 $3,866,420 - - $37,102,837 $660,378 $37,763,215 | $15,617,359 $19,706,066 $5,237,761 $31,404,175 $6,411,448 - - $78,376,809 $1,317,789 $79,694,598 | $1,721,068 $6,678,508 $5,430,191 $1,138,084 $1,466,860 $28,447,620 $11,122,092 $56,004,423 $602,314 $56,606,737 | $175,010 $419,450 $115,981 $1,300,500 $109,836 - - $2,120,777 $104,000 $2,224,777 | $438,611 $616,104 $269,201 $918,637 $815,058 - - $3,057,611 - $3,057,611 | $31,230,176 $53,498,937 $16,759,113 $85,902,632 $27,027,980 $28,447,620 $11,122,092 $253,988,550 $2,684,481 $256,673,031 |
FUNDING REQUIREMENT | $42,326,888 | $13,711,461 | $31,349,997 | $34,140,410 | $404,555 | $1,657,689 | $123,591,000 |
AVAILABLE FUNDING: RTA FY86 Subsidy Metra FY85 Surplus | $ - $ - | $ - $ - | $ - $ - | $ - $ - | $ - $ - | $ - $ - | $120,932,000 $2,659,000 |
Total Available Funding | $ - | $ - | $ - | $ - | $ - | $ - | $123,591,000 |
*Revised pursuant to RTA Ord. 86-49 (August 7, 1986). **Expenses shown are equal to Metra’s portion (18%) of the Chicago, South Shore and South Bend Railroad’s total expenses. ***Additional compensation is a contractual agreement to pay “Purchase-of-Service” railroads 2.75% of passenger revenues. | |||||||
(Ord. MET 86-27, passed 8-15-1986)