Year 1 Year 1 Year 1 Year 1 Year 1 Year 0 Year 1 Year 1 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Year 15 Year 16 Year 17 Year 18 Year 19 Year 20
FY 04-2005 FY 05-2006 FY 06-2007 FY 07-2008 FY 08-2009 2nd Qtr 03/11/2009 FY 08-2009 Act 11/12/2009 Adopted Budget    FY 09-2010 1st Qtr Working Budget      FY 09-2010  FY 09-2010  FY 10-2011 FY 11-2012 FY 12-2013 FY 13-2014 FY 14-2015 FY 15-2016 FY 16-2017 FY 17-2018 FY 18-2019 FY 19-2020 FY 20-2021 FY 21-2022 FY 22-2023 FY 23-2024 FY 24-2025
                         
REVENUES AND SUBSIDIES                          
                         
Operating                          
 Farebox      43,855     43,855     43,855     43,855     43,855     43,855     43,855     43,855                 43,855          43,855          43,855        43,855         43,855          43,855          43,855          43,855         43,855           43,855     43,855     43,855     43,855     43,855     43,855     43,855
 Farebox Increases/Ridership Growth            -        3,790      4,848      5,148      5,148      5,148     10,948     10,948                 10,948          10,948          10,948        20,188         20,188          20,188          26,788          26,788         26,788           26,788     26,788     32,788     32,788     32,788     32,788     38,788
 Farebox decreases - Service Cuts  #REF!         367         690      1,180      1,180      4,500      3,985      3,985                  3,985            2,300            2,200         2,000          2,000           2,000           2,000           2,000           2,000               397         397         842         902         902         902         902
 1   Total Farebox  #REF!     48,012     49,393     50,182     53,503     52,825     58,270     58,270                 58,079          55,667          55,367        64,407         64,407          64,407          69,907          69,907         69,907           75,907     71,040     77,485     77,545     77,545     77,545     83,545
                         
 2 BART Transfers       4,164      4,596      4,596      5,104      2,500      5,301      4,000      4,000                  4,026            2,470            2,581         2,736          5,518           5,603           5,690           5,779           5,872             5,872      3,365      3,466      3,570      3,677      3,787      3,901
 3 Interest Income       1,098      1,450      2,070      2,294         500         349         618         250                       50               250               961         1,295          1,340           1,387           1,436           1,486           1,538             1,592      1,648      1,705      1,765      1,827      1,891      1,957
 4 Advertising       2,188      2,106      2,393      2,496      2,346      2,604      1,000      1,000                  1,000            1,250            1,250         1,250          1,250           2,635           2,714           2,795           2,879             2,966      3,055      3,147      3,241      3,338      3,439      3,542
 5 Other Revenue       3,854      3,264      4,475      2,492      2,432      2,697      9,652      9,652                  1,952            2,167            2,230         2,294          2,361           2,430           2,501           2,574           2,649             2,727 #REF! #REF! #REF! #REF! #REF! #REF!
 6 Rental Income            -             -             -             -        1,000         820      1,000      1,000                     500            1,100            1,200         1,384          1,411           1,440           1,468           1,498           1,528             1,558      1,589      1,621      1,654      1,687      1,720      1,755
 Contract Services            -             -             -             -             -             -             -             -                         -                   -                   -                -                 -                  -                  -                  -                   1                   2             3             4             5             6             7             8
 7   Other Operating Revenues      11,304     11,416     13,534     12,386      8,778     11,772     16,269     15,901                  7,527            7,237            8,222         8,959         11,881          13,495          13,809          14,133         14,467           14,717 #REF! #REF! #REF! #REF! #REF! #REF!        
 8   Total Operating Revenues  #REF!     59,428     62,927     62,569     62,281     64,596     74,539     74,171                 65,606          62,903          63,589        73,366         76,288          77,901          83,716          84,040         84,374           90,623 #REF! #REF! #REF! #REF! #REF! #REF!        
                         
Subsidies                          
 9 Transportation Develop. Act (TDA)      48,259     52,781     54,028     52,928     45,983     46,310     43,605     43,088                 40,146          40,109          43,719        46,780         49,586          52,066          54,669          56,857         59,134           60,908 #REF! #REF! #REF! #REF! #REF! #REF!
 10 AB 1107      29,729     30,875     33,179     33,763     32,000     30,767     30,000     30,000                 26,500          26,000          28,340        30,324         32,143          33,750          35,438          36,855         38,330           39,480 #REF! #REF! #REF! #REF! #REF! #REF!        
 11 Measure B      20,819     21,496     23,176     22,714     21,384     20,733     20,463     20,463                 18,416          18,738          20,425        21,854         23,166          24,324          25,540          26,562         27,624           28,453     33,619     34,628     35,667     36,737     37,839     38,974
 12 State Transit Assistance (STA)       4,640      7,463     13,991      7,421      1,800      9,103           -             -                    2,600          10,400          11,100         7,700          7,893           8,090           8,292           8,499           8,712             8,930      4,514      4,672      4,835      5,005      5,180      5,361
 13 Measure C / J       1,272      1,598      1,608      1,489      2,721      1,472      4,900      4,900                  3,450            3,450            3,450         3,450          1,900           1,900           1,900           1,900           1,900             1,900      1,900      1,900      1,900      1,900      1,900      1,900
 14    Total Sales-Tax based Subsidies    104,719   114,212   125,982   118,315   103,887   108,385     98,968     98,451                 91,113          98,698         107,034      110,108       114,688        120,130        125,839        130,674        135,699         139,670 #REF! #REF! #REF! #REF! #REF! #REF!        
                         
 15 Property Taxes      53,611     57,277     61,479     65,025     69,007     71,859     69,007     65,557                 65,557          64,247          67,459        70,832         73,665          76,612          79,676          82,863         86,178           89,625 #REF! #REF! #REF! #REF! #REF! #REF!
 16 Measure AA/BB/VV and new Meas XX       6,909     14,000     13,700     14,000     14,000     15,175     28,000     29,335                 29,335          29,335          29,335        29,335         29,335          29,335          29,335          29,335         29,335           29,335     28,000     28,000     28,000     28,000     28,000     28,000
 16.a State ERAF Prop Tax Subsidy       29,729     30,875     33,179     34,000     83,007           -       (6,641)     (5,400)                 (5,400)                 -                   -                -                 -                  -                  -                  -                  -                    -       46,666     48,066     49,508     50,993     52,523     54,098
 17   Total Property Taxes based Subsidies      60,520     71,277     75,179     79,025     83,007     87,035     90,366     89,492                 89,492          93,582          96,794      100,167       103,000        105,947        109,011        112,198        115,513         118,960 #REF! #REF! #REF! #REF! #REF! #REF!        
 17.a State Loan compens. Prop Tax ERAF           6,641      5,400                  5,400                
 18 ADA Paratransit Funding       4,935      7,189      6,432      6,284      4,620      4,444      3,932      3,932                  3,574            4,878            5,124         5,336          5,533           5,786           6,052           6,282           6,521             6,717 #REF! #REF! #REF! #REF! #REF! #REF!        
 19 Federal Assistance (ADA)       4,003      3,896      4,872      6,583      4,257      9,370      4,385      4,385                  6,392            4,303            4,389         4,521          4,657           4,796           4,940           5,088           5,241             5,398      5,893      6,069      6,252      6,439      6,632      6,831
 20 ADA Paratransit Vehicles          711         845         754      1,277 #REF!      1,503      1,640      1,640                  1,673            1,673            1,706         1,740          1,793           1,846           1,902           1,959           2,018             2,078      1,640      1,640      1,640      1,640      1,640      1,640
 21   Total ADA related Subsidies       9,649     11,930     12,058     14,144 #REF!     15,317      9,957      9,957                 11,639          10,854          11,220        11,597         11,982          12,429          12,894          13,330         13,780           14,193 #REF! #REF! #REF! #REF! #REF! #REF!        
                         
 22 Fed Assis - Prev Maint.      17,435     13,776     15,554      9,959           -             -             -             -                         -                   -                   -                -                 -                  -                  -                  -                  -                    -             -             -             -             -             -             -  
 23 CMAQ       2,552      2,171      2,265      1,396           -             -             -             -                   17,500          17,500                 -                -                 -                  -                  -                  -                  -                    -   #REF! #REF! #REF! #REF! #REF! #REF!
 24   Total Bus Deferral Income and related Subsidies      19,987     15,947     17,819     11,355           -             -             -             -                   17,500          17,500                 -                -                 -                  -                  -                  -                  -                    -   #REF! #REF! #REF! #REF! #REF! #REF!        
                         
 Sales-based taxes subsidies growth            -             -             -             -             -   #REF!           -             -                         -                   -                   (0)               (0)                (0)                 (0)                -                  -                  -                    -             -             -             -             -             -             -  
                         
 25 Supplemental Service       2,225      2,225      2,225      2,225      2,225      2,942      2,785      2,785                  2,785            2,785            2,785         2,785          2,785           2,785           2,785           2,785           2,785             2,785      2,225      2,225      2,225      2,225      2,225      2,225
 26 Meas B Exp Bus, Labor Grant Reimbursemnt       2,852      2,800      1,455           -             -             -        4,529      4,529                  4,729            2,726            2,767         2,808          2,851           2,893           2,937           2,981           3,025             3,025           -             -             -             -             -             -  
 27 RM2 subsidies            -        5,570 #REF!      9,660      9,467     11,854      9,812      9,812                  9,812            9,812            9,812         9,812          9,812           9,812           9,812           9,812           9,812             9,812     10,235     10,344     10,454     10,566     10,679     10,794
 28 Net I-Bond / PM Section 5307       4,003      3,896      4,872     15,668      9,140      8,800      9,140      9,140                  9,843            8,912            8,260         8,900             522                -             1,199                -                  -                    -             -             -             -             -             -             -  
 29 Federal Assistance Section 5307 Capital Funding            -        1,100      2,033      1,474 #REF!      1,960      2,000      2,000                  2,101            2,122            2,165         2,230          2,297           2,366           2,437           2,510           2,585             2,663      2,000      2,000      2,000      2,000      2,000      2,000
 30 I-Bond Pop            -             -        8,200      3,000           -             -                                   -             -             -             -             -             -  
 31 RTIP Committmment            -        1,000           -             -             -             -                                   -             -             -             -             -             -  
 32  Lifeline STA JARC          971         575           -        3,000      4,552           -        6,778      6,778                  7,916                 -              4,077         4,199          4,325           4,455           4,588           4,726           4,868             5,014           -             -             -             -             -             -  
 33   Total Other Federal, State and Local grants subs      10,051     17,166 #REF!     35,027 #REF!     25,555     35,044     35,044                 37,186          26,357          29,865        30,734         22,591          22,311          23,758          22,813         23,075           23,299     14,460     14,569     14,679     14,791     14,904     15,019        
 34   Total Subsidies    204,926   230,532 #REF!   257,867 #REF! #REF!   240,976   238,344               252,330        246,991         244,913      252,606       252,260        260,816        271,502        279,015        288,067         296,122 #REF! #REF! #REF! #REF! #REF! #REF!        
                         
 35 Total Revenues and Subsidies  #REF!   289,960 #REF!   320,435 #REF! #REF!   313,890   312,514               317,936        309,895         308,502      325,972       328,548        338,717        355,218        363,055        372,441         386,745 #REF! #REF! #REF! #REF! #REF! #REF!        
                         
                         
OPERATING EXPENSES                          
                         
 36 Salary & Wages    101,279   105,088   110,108   115,953   119,474   123,844   116,159   116,513               117,747        112,226         112,787      113,351       113,917        114,487        115,059        115,635        116,213         116,794   135,577   139,644   143,833   148,148   152,593   157,171
 37 Fringe Benefits      62,930     67,378     70,449     73,658     81,129     84,893     84,184     84,503                 84,503          86,128          90,046        94,151         98,450        102,954        107,672        112,614        117,790         123,091   116,652   120,151   123,756   127,469   131,293   135,231
 38 Pension Fund      19,313     22,830     26,338     30,185     29,750     27,485     35,975     38,080                 38,080          39,660          41,170        42,990         44,780          45,060          46,540          46,870         47,340           47,840     55,589     57,257     58,974     60,744     62,566     64,443
 39   Total Labor Costs    183,522   195,296   206,895   219,796   230,353   236,222   236,318   239,095               240,329        238,013         244,003      250,492       257,148        262,501        269,271        275,118        281,343         287,725   307,818   317,052   326,564   336,361   346,452   356,845        
                         
 40 Services      15,395     18,355     18,418     22,150     23,061     21,959     24,554     24,834                 24,756          23,571          24,279        25,007         25,757          26,530          27,326          28,145         28,990           29,860     28,674     29,247     29,832     30,429     31,038     31,658
 41 Fuel & Lubricants      10,088     14,160     14,748     19,709     17,336     17,328     15,242     15,242                 15,242          14,218          14,645        15,084         15,536          16,002          16,483          16,977         17,486           18,011     19,800     20,394     21,006     21,636     22,285     22,954
 42 Other Materials & Supplies       9,630      9,462     10,499     12,317     12,652     15,602     13,991     13,991                 14,033          12,626          13,005        13,395         13,797          14,211          14,637          15,076         15,528           15,994     15,732     16,046     16,367     16,695     17,028     17,369
 44 Utilities & Taxes       4,806      5,214      5,496      5,795      5,627      6,294      3,245      3,245                  3,634            3,475            3,579         3,687          3,797           3,911           4,028           4,149           4,274             4,402      7,789      8,023      8,263      8,511      8,767      9,030
 45 Casualty & Liability       4,316      5,060      6,320      6,271      6,471      6,235      6,850      6,850                  6,890            7,210            7,426         7,649          7,879           8,115           8,358           8,609           8,867             9,133      8,957      9,226      9,503      9,788     10,082     10,384
 46 Interest Expense       1,754      1,785      1,550      2,056      3,028      2,387      2,397      2,397                  2,672            2,222            1,863         1,741          1,612           1,469           1,318           1,158              989               847      1,201      1,171      1,025         988         947         903
 47 ADA Consortium      16,818     17,803     17,500     19,872     21,928     21,061     21,830     21,830                 21,213          22,618          23,297        23,995         24,715          25,457          26,220          27,007         27,817           28,652     29,511     30,397     31,309     32,248     33,215     34,212
 48 Other       1,758      1,818      2,468      2,149      3,149      3,212         666         666                     666            2,357            1,428         2,471          1,545           2,591           1,669           2,719           1,800             2,854      4,235      4,362      4,492      4,627      4,766      4,909
#REF!                        
 49 Addtl Oper Exp from New Capital Projects            -   #REF!           -             -                    2,489            4,370                 -                -                 -                  -                  -                  -                  -                    -             -             -             -             -             -             -  
 50 Total Operating Expenses    248,087   268,954   283,894   310,115 #REF! #REF!   325,093   328,151               331,925        330,681         333,523      343,520       351,785        360,787        369,310        378,959        387,095         397,478   423,717   435,918   448,362   461,283   474,579   488,264        
                         
 51 Service Changes/Restoration/Efficiencies  #REF! #REF! #REF!               -             -                    5,250         (20,089)         (22,000)       (22,550)        (23,114)         (23,692)         (24,284)         (24,891)        (25,513)          (26,151)    (27,328)    (28,558)    (29,843)    (31,186)    (32,589)    (34,056)        
                         
 52 Operating Surplus / (Deficit)          #REF! #REF!    (11,204)    (15,637)                (19,239)              (698)           (3,022)         5,002            (123)           1,622          10,192           8,987         10,859           15,419
 53.a ARRA Federal Stimulus Package #REF!           -             -             -       20,363     26,637            (0)            (0)                  6,700                 -                   -                -                 -                  -                  -                  -                  -                        
 53.b Addtl Funding Sources Sect 5307 #REF!           -        5,000      5,000                       -                   -                   -                -                 -                  -                  -                  -                  -    
 53.c Progress towards Addtl Fund - BART/MTC #REF!           -             -             -                         -                   -                   -                -                 -                  -                  -                  -                  -    
CAPITAL PROGRAM                          
                         
 54 ADA Paratransit Vehicles, Net of Subsidies          711         845         400      3,000     (1,640)           -             -             -                         -                   -              1,640         1,640          1,640           1,640           1,640           1,640           1,640             1,640      1,640      1,640      1,640      1,640      1,640      1,640
 55 District Funded Capital       1,321      4,034      4,579      3,559      3,006      2,837      2,989      2,989                  3,162            1,711                                -   #REF! #REF! #REF! #REF! #REF! #REF!
 56 Capital Section 5307, Net of Subsidies            -        1,100      1,200           -       (2,000)           -             -             -                         -                   -                   -                -                 -                  -                  -                  -                  -                    -        2,000      2,000      2,000      2,000      2,000      2,000
 57 Bus Procurements            -   #REF!           -             -   #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!
 58   Total Capital Expenses       2,032      5,979      6,179      6,559        (634)      2,837      2,989      2,989                  3,162            1,711            1,640         1,640          1,640           1,640           1,640           1,640           1,640             1,640      6,023      6,180      6,210      6,241      6,272      6,424        
                         
 59 Total Expenses    250,119   274,933   290,073   316,674   322,971   333,140   328,082   331,140               340,337        312,303         313,163      322,610       330,312        338,735        346,666        355,708        363,222         372,967   429,740   442,098   454,572   467,523   480,851   494,687        
                         
 60 Surplus / (Deficit)      9,966     15,028     32,492      3,761    (19,172)     (5,615)     (7,568)    (13,626)                (15,700)           (2,409)           (4,662)         3,362         (1,763)               (18)           8,552           7,347           9,219           13,779  (212,347)  (215,126)  (224,312)  (233,939)  (243,844)  (248,156)        
                         
 61 Transfer (To) / From Equity           -             -             -             -             -             -        7,568                   15,700            2,350            4,662              -               853                -                  -                  -                  -                        
                         
 62 Adjusted Surplus / (Deficit)       9,966     15,028     32,492      3,761    (19,172)     (5,615)             0    (13,626)                        (0)               (59)                  0         3,362            (910)               (18)           8,552           7,347           9,219           13,779  (212,347)  (215,126)  (224,312)  (233,939)  (243,844)  (248,156)        
                         
 64 Unrestricted Net Asset Fund Ending Balance      15,828     32,693     14,385     19,067                 32,693          32,634          32,634        35,997         35,086          35,068          43,620          50,967         60,186           73,965  (364,509)  (582,414)  (815,912) ######## ######## ########
63 Memo: Additional Operating Expenses associated with new SRTP capital projects                 -                  -                  -                  -                  -                  -           7,568                                 -                         -                  4,608            2,787              4,678               8,735               5,710               5,795               7,413              10,039                    
Notes: 
1.- Line 59 Total Expenses is Line 50 Total Operating Expenses, net of line 51 Service Adjustments, plus line 58 Total Capital Expenses
2.- Line 60 Surplus / (Deficit) is line 52 Operating Surplus / (Deficit)  plus line 53a., 53b. and 53c. Federal Stimulus and other new funds, minus line 59 Total Expenses