Ventura County Transportation Commission Fiscal Year 2018/2019 Budget Highlights
Explore the Ventura County Transportation Commission's draft budget for Fiscal Year 2018/2019, highlighting a $70 million balanced budget and the sources of revenue including federal, state, and local contributions. Discover the state of transportation funding, with insights on federal and state allocations impacting VCTC's budget and investments in transit operations, rail infrastructure, and active transportation grants.
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VENTURA COUNTY TRANSPORTATION COMMISSION FISCAL YEAR 2018/2019 DRAFT BUDGET APRIL 6, 2018 1
Budget Highlights $70 million Balanced Budget using reliable and sustainable revenues Revenue Sources Local & Other 7% Federal 24% State 69% 2
State of Transportation Funding Federal Funding: Fixing America s Surface Transportation (FAST Act) - 2015-2020 Continued borrowing to keep Federal Highway Trust Fund solvent - Only approved through 2020 Fiscal Year 2018/2019 Federal Budget - Transportation formula funds continue at authorized levels Administrations Infrastructure Proposal No traction - $1.5 billion investment leveraged from $200 million federal funding Bottom Line - Do not expect anything new from Federal Government 3
State of Transportation Funding State Funding: Proposition 1B funds - Completely allocated No new funding SB 1 (Beall), Road Repair and Accountability Act of 2017 - $52.4 billion statewide over 10 years in new transportation revenues - Fix it First emphasis with significant shares going to Caltrans, Counties and Cities for road repair - State Transportation Improvement Program (STIP) is stabilized but no significant increases - Funding for Transit Operations and State of Good Repair for capital assets - Establishes Competitive Grant Programs including: Congested Corridors Trade (Freight) Corridors Active Transportation (bicycle and pedestrian) - Local Partnership - VCTC not eligible due to lack of transportation sales tax measure 4
State of Transportation Funding What SB 1 means to VCTC s Budget: Direct Impacts: - Transit Operations - $2.8 million Funds to sustain existing VCTC Intercity Bus services levels - State of Good Repair - $1.1 million VCTC/Metrolink owned railroad track and bridge repairs - Planning Programming and Monitoring (PPM) $140,000 Perform VCTC core functions Indirect Impacts: - State Rail Assistance Program - $4 million Metrolink Commuter Rail Operations - Local Agency State Transit Assistance increase - $800,000 Camarillo, Moorpark, Simi Valley, Thousand Oaks, GCTD, SCRRA Other Investments: - Rice Avenue/SR 34 Railroad Bridge - $70 million ? - Transit and Inner-city Rail Capital Program - $90 million ? Simi Valley and Camarillo/Oxnard double tracks - Active Transportation Grants $1.5 million 5
Local Transportation Fund (LTF) Revenue Fiscal Year 1998/1999 2018/2019 Receipts have flattened $40,000,000 $35,000,000 $30,000,000 $25,000,000 $37,506,271 $35,400,000 $34,601,613 $34,300,000 $33,844,974 $33,580,379 $31,537,317 $31,190,931 $31,089,552 $29,581,810 $28,259,739 $27,990,689 $20,000,000 $27,069,959 $26,756,432 $25,928,716 $25,283,234 $24,630,438 $23,919,336 $23,889,078 $21,841,321 $19,428,790 $15,000,000 $10,000,000 $5,000,000 $- *Fiscal Year 2013/2014 included one-time payment for settlement 6
State Transit Assistance (STA) Revenue Fiscal Year 1998/1999 2018/2019 STA revenues increased (with SB 1) to $8.3 million Sustains Transit Operations and Transit Capital State of Good Repair $9,000,000 $8,000,000 SB 1 $7,000,000 Regular STA $6,000,000 $5,000,000 $4,000,000 $3,000,000 $2,000,000 $1,000,000 $- 7
VCTC - STA Funding Fiscal Year 2018/2019 Fund Balance used for cash-flow purpose (i.e. FTA grants) Additional funds possibly for: - Metrolink capital rehabilitation - VCTC Intercity Bus purchase Not all SB 1 funds budgeted out of extreme caution - Possible SB 1 repeal ballot measure One-time or Capital Expenditures On-going Includes SB1 VCTC Intercity Services Lossan Metrolink SPBL TDA Pass-through $3,915,643 $ 245,241 34,600 157,719 434,200 469,545 $0.95 million - 3,569,393 $3.57 million - - $0.3 million 8
Personnel Costs Salaries and Benefits = $3,074,300 or 4.4% of budget 21 full-time employees Costs up $7,900 or 0.3% from Fiscal Year 2017/2018 Retirement Pension and Taxes $436,200 >1% Worker's Compensation Insurance $13,600 >1% Retirement Health Insurance $108,000 >1% Wages $2,086,200 3% Employee Insurance $430,300 >1% Expenses w/o Personnel $67,252,665 96% 9
Pass Through Regional Services Core & Countywide Services Pass Through 50% of Budget at $35,000,882 TDA Administration LTF Distribution Transit Grant Administration Pass-Through $35,000,882 Regional Services $30,750,183 Core - Countywide Services $4,575,900 10
Pass Through Regional Services Core & Countywide Services Regional Services 44% of Budget at $30,750,183 Highway Project Management LOSSAN & Coast Rail Council Metrolink Commuter Rail Regional Transit Information Center Regional Transit Technology Santa Paula Branch Line Senior & Disabled Transportation Services SpeedInfo Highway Speed Sensors Valley Express VCTC Intercity Services Pass-Through $35,000,882 Core - Countywide Services $4,575,900 Regional Services $30,750,183 11
Pass Through Regional Services Core & Countywide Services Core & Countywide Services 6% of Budget at $4,575,900 Airport Land Use Commission Callbox System Community Outreach Freight Movement Management & Administration Regional Transit Planning Regional Transportation Planning Rideshare Programs State and Federal Governmental Relations TDA Administration Transit Grant Administration Transportation Programming and Monitoring Pass-Through $35,000,882 Regional Services $30,750,183 Core - Countywide Services $4,575,900 12
Budgeted Expenditures by Program General Government 2% Transit and Transportation 28% Planning and Programming 47% Highway 8% Commuter Assistance 1% Rail 14% Fiscal Year 2016/2017 Actual Fiscal Year 2017/2018 Budget Fiscal Year 2018/2019 Budget % of Change Program Budget Categories Transit and Transportation Highway Rail Commuter Assistance Planning and Programming General Government Total Program Budget $15,238,349 497,394 6,202,886 478,290 31,686,170 1,320,673 $55,423,762 $22,099,250 1,605,100 6,310,984 691,400 32,558,632 5,173,001 $68,438,367 $20,089,400 5,373,200 10,023,683 539,800 33,180,182 1,120,700 $70,326,965 -9.1% 234.8% 58.8% -21.9% 1.9% -78.3% 2.8% 13
Transit and Transportation Budget Tasks Fiscal Year 2016/2017 Actual $ 365,986 230,954 3,948,392 1,577,118 9,115,899 Fiscal Year 2017/2018 Budget $ 3,373,450 306,800 7,342,900 2,127,500 8,948,600 Fiscal Year 2018/2019 Budget $ 663,500 307,600 4,510,300 1,943,400 12,664,600 % of Change Budget Tasks Regional Transit Technology Senior and Disabled Transportation Services Transit Grant Administration Valley Express VCTC Intercity Services -80.3% 0.3% -38.6% -8.7% 41.5% Total Transit and Transportation Budget $15,238,349 $22,099,250 $20,089,400 -9.1% Changes from Fiscal Year 2017/2018 to 2018/2019 Regional Transit Technology: - $2,709,950 for CAD/AVL project completed and combining of Farebox/APC and Transit Stop Enhancement budgets. Transit Grant Administration: - $2,832,600 for pass-through projects completed and new projects not yet identified. Valley Express: - $184,100 for service adjustments and completed farebox purchases. VCTC Intercity Services: + $3,716,000 for purchase of 3 new buses and increase in operating costs. 14
Highway Budget Tasks Fiscal Year 2016/2017 Actual Fiscal Year 2017/2018 Budget Fiscal Year 2018/2019 Budget % of Change Budget Tasks Callbox System Highway Project Management SpeedInfo Highway Speed Sensors Total Highway Budget $343,534 29,171 124,689 $497,394 $ 720,200 737,800 147,100 $1,605,100 $ 491,600 4,728,600 153,000 $5,373,200 -31.7% 540.9% 4.0% 243.8% Changes from Fiscal Year 2017/2018 to 2018/2019 Callbox System: - $282,600 for lower contract costs and partial completion of ADA upgrades project. Highway Project Management: + $3,990,800 for US 101 PAED. 15
Rail Budget Tasks Fiscal Year 2016/2017 Actual Fiscal Year 2017/2018 Budget Fiscal Year 2018/2019 Budget % of Change Budget Tasks LOSSAN & Coast Rail Coordinating Council $ 17,705 $ 35,800 $ 34,600 -3.4% Metrolink Commuter Rail Santa Paula Branch Line Total Rail Budget 3,508,530 2,676,651 $6,202,886 5,162,432 1,112,752 $6,310,984 9,148,083 841,000 $10,023,683 77.2% -24.4% 58.8% Changes from Fiscal Year 2017/2018 to 2018/2019 Metrolink Commuter Rail: + $3,985,651 for SB1 funded capital rehabilitation projects and increased operating costs. Santa Paula Branch Line: - $271,752 for lower legal and staffing costs and one-time capital repairs. 16
Commuter Assistance Budget Tasks Fiscal Year 2016/2017 Actual Fiscal Year 2017/2018 Budget Fiscal Year 2018/2019 Budget % of Change Budget Tasks Regional Transit Information Center Rideshare Programs Total Commuter Assistance Budget $199,936 278,354 $478,290 $248,400 443,000 $691,400 $265,800 274,000 $539,800 7.0% -38.1% -21.9% Changes from Fiscal Year 2017/2018 to 2018/2019 Regional Transit Information Center: + $17,400 for increased staffing costs. Rideshare Programs: - $169,000 for lower staffing costs as tasks were outsourced. 17
Planning and Programming Budget Tasks Fiscal Year 2016/2017 Actual $ 13,724 18,414 713,874 600,411 30,024,119 315,628 $31,686,170 Fiscal Year 2017/2018 Budget $ 25,800 38,800 982,600 922,100 30,261,132 328,200 $32,558,632 Fiscal Year 2018/2019 Budget $ 27,700 42,700 938,800 961,300 30,873,682 336,000 $33,180,182 % of Change Budget Tasks Airport Land Use Commission Freight Movement Regional Transit Planning Regional Transportation Planning Transportation Development Act Transportation Programming Total Planning & Programming Budget 7.4% 10.1% -4.5% 4.3% 2.0% 2.4% 1.9% . Changes from Fiscal Year 2017/2018 to 2018/2019 Regional Transit Planning: - $43,800 for completion of consultant studies. Regional Transportation Planning: + $39,200 for new studies and increase in staff costs. Transportation Development Act: + $612,550 for additional pass-through funds to local agencies. 18
General Government Budget Tasks Fiscal Year 2016/2017 Actual $ 727,024 316,434 185,773 91,442 $1,320,673 Fiscal Year 2017/2018 Budget $ 450,000 356,000 216,600 4,150,401 $5,173,001 Fiscal Year 2018/2019 Budget $ 514,500 383,400 222,800 Budget Tasks % of Change Community Outreach Management and Administration State and Federal Governmental Relations VCTC Office Building Total General Government Budget 14.3% 7.7% 2.9% -100.0% -78.3% - $1,120,700 Changes from Fiscal Year 2017/2018 to 2018/2019 Community Outreach: + $64,500 for increased outreach, consultant work and staffing costs. Management and Administration: + $27,400 for hardware/software and increased staffing costs. VCTC Office Building: - Task removed from budget as no longer purchasing the building. 19
Where We End Up Estimated $13.9 million Total Fund Balance (after reserve) Available for general use - General Fund $ 37,068 Restricted Fund Balances - LTF - STA - SAFE $ 3,044,025 $ 36,425 $ 10,776,971 $70 million budget that is balanced and sustainable* * Assuming SB1 remains in place. 20
VENTURA COUNTY TRANSPORTATION COMMISSION FISCAL YEAR 2018/2019 DRAFT BUDGET APRIL 6, 2018 22
