Finance, Administration and Oversight Committee

Information Item IV-B

January 14, 2009

FY2010 Monthly Financial Report (November 2009)

Washington Metropolitan Area Transit Authority

Fiscal 2010 Financials

Monthly Financial Report

November 2009

WASHINGTON METROPOLITAN AREA TRANSIT AUTHORITY MONTHLY FINANCIAL REPORT FY2010 November 2009 ______

REPORT SECTIONS

Operating Budget • Ridership • Revenue • Expense

Capital Finances • Revenues • Costs • Projects

Outstanding Debt

Appendix

Operating budget variances, by mode

Ridership analysis

Capital expenditures, by project

Capital budget and expenditures, Metro Matters by ARRA

Jurisdictional balances on account

Transit Infrastructure Investment Fund

Grant Activity (November 2009)

Washington Metropolitan Area Transit Authority November 2009 Monthly Financial Report -- FY2010

OPERATING BUDGET

Summary

Total operating revenue in November was $54.3 million, $4.9 million or 8 percent less than budget. The greatest shortfall for the month occurred in passenger and parking revenues which totaled $47.9 million, $4.1 million or 8 percent below the budgeted total of $52.0 million. Non-passenger revenues for the month were $6.4 million, $0.9 million less than the budgeted amount of $7.3 million. Following recent trends, in November rail passenger revenues totaled $36.3 million, $2.7 million or 7 percent below the budgeted amount of $39.0 million. Bus passenger revenue was $7.8 million, $1.2 million or 13 percent below the budget amount of $9 million. MetroAccess revenue for November was $0.3 million, 10 percent less than budgeted. Total expenses for the month of $113.3 million were unfavorable by $2.1 million. Jurisdictional subsidy for the month was unfavorable by $7 million or 13 percent, and through the first five months of Fiscal 2010, jurisdictional subsidy of $267.8 million was unfavorable by $29.6 million or 12 percent.

Nov 2008 Nov 2009 Budget ($ Millions) Actual Actual Budget Variance

November Budget Variance Variance Revenue $54.7 $54.3 $59.2 ($4.9) -8% Expense $101.9 $113.3 $111.2 ($2.1) -2% Subsidy $47.2 $59.0 $52.0 ($7.0) -13% Cost Recovery 54% 48% 53%

Year to Date Budget Variance Variance Revenue $316.0 $307.0 $329.2 ($22.2) -7% Expense $545.2 $574.8 $567.4 ($7.4) -1% Subsidy $229.2 $267.8 $238.2 ($29.6) -12% Cost Recovery 58% 53% 58%

Washington Metropolitan Area Transit Authority November 2009 Monthly Financial Report -- FY2010

Ridership

Average weekday ridership in November was 709,321 trips, a decrease of 1 percent below the same period last year. Rail ridership declined in every weekday time- period this month, with the largest decline, -1.73 percent, in the evening. However, year-to-year comparisons of growth rates show some improvements, with November’s decline the lowest since the beginning of the fiscal year. Average Saturday rail ridership increased almost 2 percent over last year, while average Sunday ridership of 191,272 trips is almost the same as last year. Through the first five months of FY2010, total rail ridership was 91.6 million trips, 1.9 million trips below the same period last year and 5.3 million trips below budget.

Changes in Average Weekday and Average Weekend Rail Ridership

FY2010 Avg. AM Peak Avg. Midday Avg. PM Peak Avg. Evening Avg. Weekday Avg. Sat. Avg. Sun. Growth Rate Compared to FY09 July -5.14% -1.29% -4.03% -4.02% -3.82% 7.30% 4.91% August -3.73% -0.69% -1.95% -3.83% -2.49% -6.65% -8.56% September -4.84% 0.80% -3.27% -1.33% -2.83% 13.19% -4.89% October -3.45% 1.65% -1.78% 0.51% -1.42% -5.96% 2.84% November -1.08% -0.78% -1.24% -1.73% -1.15% 1.72% 0.31%

Average Metrobus ridership in November was 399,143 trips, a decrease of 9 percent below last year and 12 percent below budget. Bus ridership fell in all periods, with average Saturday and Sunday trips decreasing by 12 and 6 percent, respectively. For the month, total bus trips of 9.5 million trips were almost 700,000 trips below the same month last year, even though November had one extra weekday when compared with last year. Washington Metropolitan Area Transit Authority November 2009 Monthly Financial Report -- FY2010

Nov 2008 Nov 2009 Above/(Below) Actual Actual Budget Last Year Budget

Trips Average Weekday Ridership Growth Rate Metrorail 717,571 709,321 742,333 -1% -4% Metrobus 436,756 399,143 453,134 -9% -12% MetroAccess 6,542 7,727 7,589 18% 2% System Total 1,160,869 1,116,191 1,203,057 -4% -7%

Trips (Thousands) Year to Date Ridership Growth Rate Metrorail 93,519 91,637 96,986 -2% -6% Metrobus 58,290 54,851 60,596 -6% -9% MetroAccess 834 993 951 19% 4% System Total 152,643 147,482 158,533 -3% -7%

Revenues Rail passenger revenue of $36.3 million was $2.7 million lower than expected, contributing to an average fare of $2.22, five cents below the budgeted average fare of $2.27. The year-to-date rail average fare is $2.24, $0.04 below the budgeted $2.28. On Metrobus, the passenger revenue shortfall of $1.2 million translated to a shortfall in the average fare of $0.01.

Expenses

Authority wide operating expenses are over budget by $2.1 million for the month of November and ($7.4 million) over budget year to date. YTD includes work associated with the red line accident. Total personnel expenses are over budget by ($2.4 million) or -3% for the month. Total labor is ($1.6 million) over budget in November. Straight time salary and wages are over budget by ($567,000) for the month. The continuing accrual for the labor arbitration and lighter than anticipated capitalization of engineering expenses, combine for the variance. Overtime for the month is over budget by $1 million; almost evenly split in bus and rail. The majority of the overtime is associated with coverage for vacant positions or absenteeism coverage. Fringe benefits are ($789,000) over budget for the month. This is due to Washington Metropolitan Area Transit Authority November 2009 Monthly Financial Report -- FY2010

timing issues in the health care payments and an unbudgeted charge for DC workers compensation special assessment of $300,000 per month.

Non-personnel expenses are under budget by $318,000 for the month. Services and Materials and Supplies are over budget, but this is offset by savings in fuel and power. Services are over budget by $461,000 for the month, with the ADA variance of ($848,000) being the primary driver. Materials and supplies are over budget by ($1.5 million) for the month. Energy and utilities are under budget by $2.5 million in November due to favorable rates/pricing of $764,000 in diesel fuel and the remainder due to lighter usage and better electricity rates. Casualty and liability is over budget by ($225,000) due to higher insurance premium payments. Leases and miscellaneous items are over budget by ($131,000) due to a $200,000 charge for settling a rail vendor dispute.

CAPITAL FINANCES

Revenues

Revenues received to date for the FY2010 capital budget total $387 million. The State and Local Contributions were received, totaling $78 million. The FY2010 debt balance is $59 million. Note: That total revenue increased by $61 million to include Security Grants. Federal grants are $8 million higher and miscellaneous funds are $7 million lower than anticipated.

Washington Metropolitan Area Transit Authority November 2009 Monthly Financial Report -- FY2010

Costs

The capital budget for FY2010 is $825 million. Capital spending through November is as follows: $445 million has been obligated, and $137 million has been expended. Note, the FY2010 approved budget was increased by $95 million, $34 million due to the annual roll-over of unexpended budget and $61 million in the Security Program. The appendix includes budget and spending data for each capital project.

Capital Revenues FY2010 (dollars in millions) Received To be Metro Matters Program Budget to Date Received Federal Grants $ 282 $ 42 $ 240 State & Local Contributions 188 78 110 Miscellaneous 33 2 31 Debt Issuance 59 59 - Subtotal $ 562 $ 181 $ 381 Security Grants 61 6 55 Subtotal $ 623 $ 187 $ 436

ARRA Program Federal Grants $ 202 $ 200 $ 2

Total $ 825 $ 387 $ 438

Washington Metropolitan Area Transit Authority November 2009 Monthly Financial Report -- FY2010

Capital Spending FY2010 Year to Date (dollars in millions) Metro Matters Program Budget Obligated Expended Unexpended Infrastructure Renewal Program $ 461 $ 265 $ 99 $ 362 Eight-Car Train Initiative 39 26 10 29 Bus Improvement Initiative 10 3 1 9 Program Management 31 25 17 14 Borrowing Expense 21 9 - 21 Subtotal $ 562 $ 328 $ 127 $ 435 Security Program 61 - - 61 Sub-Total $ 623 $ 328 $ 127 $ 496

ARRA Program Vehicles and Vehicle Parts $ 40 $ 39 $ 4 $ 36 Maintenance Facilities 62 23 2 60 Passenger Facilities 20 17 - 20 Safety and Security 12 9 3 9 Maintenance and Repair Equipment 30 7 - 30 Operations System 26 20 - 26 Information Technology 10 2 - 10 Miscellaneous 2 - - 2 Subtotal $ 202 $ 117 $ 10 $ 192

Total $ 825 $ 445 $ 137 $ 688

Washington Metropolitan Area Transit Authority November 2009 Monthly Financial Report -- FY2010

PROJECTS

MetroAccess Van Procurement

Funding for eighty (80) vehicles has been allocated under the American Recovery and Reinvestment Act of 2009 (ARRA). Contracts were awarded on July 16, 2009. First Article Inspection of the pilot vehicle was performed on October 7, 2009. Production of the remaining 79 vehicles commenced November 9, 2009. Deliveries are on schedule to begin late-December 2009 and continue through the end of January 2010.

Bus Procurement

As of November 17, Metrobus has received 163 buses in its procurement of 203 diesel-electric hybrid buses, 135 of which are in revenue service. This $125 million procurement with New Flyer of America, Inc. includes 161 42-foot buses, 22 62-foot articulated buses, and 20 37-foot buses.

Passenger Facilities

Huntington Parking Garage Credit Card Readers

Customers who commute and park their vehicles at any of the three Huntington Metrorail station garages can now use a major credit card to pay for their parking fees. Newly installed credit card readers at both the Huntington Avenue and North Kings Road exits provide an in-lane credit card payment option for customers in addition to the SmarTrip® card.

Metro’s credit card pilot program now consists of seven parking facilities, including Anacostia, Franconia-Springfield, Largo Town Center, Vienna/Fairfax-GMU, Shady Grove and New Carrollton Metrorail stations. Each facility has one exit lane that accepts credit card or SmarTrip® card payments. Customers are able to use their Discover, Mastercard, Visa, American Express or Japanese Credit Bank cards at these locations.

Metro launched the credit card parking pilot program in April 2007 as a way to address customer concerns about the lack of payment alternatives at Metro parking facilities. Metro’s conversion to a “cashless” payment system in 2004 required customers to pay parking facility exit fees using a pre-loaded SmarTrip card only.

Washington Metropolitan Area Transit Authority November 2009 Monthly Financial Report -- FY2010

Mezzanine Lighting Pilot Program

A new bank of lights is being tested on the mezzanine level at the F Street entrance to the Judiciary Square Metrorail station.

The $38,000 pilot program is designed to provide additional lighting on the vaulted ceiling over the mezzanine area as well as additional lighting down to the mezzanine level at the Judiciary Square F St. entrance. This location was chosen as a pilot since it was one of the darker mezzanines in the rail system. The fixture types and lamps were selected for their ease of maintenance, energy efficiency, and to achieve an overall lighting level based on Metro’s new criteria.

These new light fixtures are expected to be installed at Metrorail stations where mezzanines overlook rail station platforms, such as Dupont Circle, Metro Center and Foggy Bottom-GWU Metrorail stations.

Elevator & Escalator Report

During November, work was completed on six escalators, ongoing on seven, and began on three as follows:

Status Repair Type Station Unit Complete Major Repair Franconia-Springfield 2 Complete Major Repair Huntington 3 Complete Major Repair King Street 1 Complete Major Repair L'Enfant Plaza 3 Complete Rehab/Modernization Friendship Heights 7 Complete Rehab/Modernization Potomac Avenue 2 Ongoing Major Repair Congress Heights 5 U Street/African-American Civil War Ongoing Major Repair Memorial/Cardozo 1 Ongoing Rehab/Modernization Clarendon 7 Ongoing Rehab/Modernization Court House 7 Ongoing Rehab/Modernization Federal Triangle 6 Ongoing Rehab/Modernization Gallery Place-Chinatown 4 Ongoing Rehab/Modernization Medical Center 4 New Major Repair Judiciary Square 3 New Rehab/Modernization Cleveland Park 6 New Rehab/Modernization Crystal City 2

A rehabilitation and modernization of one elevator (unit 4) was completed in November at the Huntington Metrorail station.

Washington Metropolitan Area Transit Authority November 2009 Monthly Financial Report -- FY2010

Station Enhancement Report

Metrorail station enhancements were completed at the Dunn Loring station in November. Station enhancements included painting of exterior metal work, repairing graphics, and resurfacing of bus shelter benches. In addition, station enhancements were ongoing at nine other Metrorail stations – Franconia-Springfield, West Falls Church, East Falls Church, Shady Grove, Rockville, Twinbrook, Medical Center, Bethesda, and Wheaton stations.

Track and Structures Maintenance

Crossties replacement and other maintenance was conducted on the aerial structure outside the Stadium-Armory Metrorail station on the Orange Line. Also on the Orange Line, crossties were replaced between the East Falls Church and Ballston-MU Metrorail stations and rail fasteners between the Cheverly and New Carrollton Metrorail stations were replaced. Tunnel repairs were made and rail fasteners replaced between the Friendship Heights and Van Ness-UDC Metrorail stations and the Medical Center and Grosvenor-Strathmore Metrorail stations on the Red Line. On the Blue Line, between the Stadium-Armory and Addison Road-Seat Pleasant Metrorail stations, concrete slabs underneath the rails were replaced. On the Yellow Line, rail fasteners between the Huntington and Braddock Road Metrorail stations were replaced.

A crack was identified in the ceiling of the Farragut North Metrorail station by members of Metro’s Track and Structures Department during a routine inspection. Upon further inspection, extensive damage to a support bean was discovered. After contractor proposals are evaluated, it is expected that repairs will take six to ten weeks to complete.

Washington Metropolitan Area Transit Authority November 2009 Monthly Financial Report -- FY2010

OUTSTANDING DEBT Metro’s outstanding debt as of November 30, 2009 is $495.4 million, as shown in the table below.

The Series 1993 and 2003A bonds were issued to fund the Rail Construction program. These bonds are being repaid by semi-annual debt service payments from the jurisdictions. This $27.5 million annual debt service expense is reported as part of the operating budget and is always included on subsidy allocation tables.

The Series 2003B bonds were issued to increase funding for capital rehabilitation and maintenance of elevators and escalators. The debt service expense is being paid from passenger fare revenue. The FY05 fare increase set aside $6 million per year in revenue to fund the debt service expense. These amounts are reported as part of the capital budget.

The Series 2009A and 2009B bonds were issued to (i) pay off all of the $314.5 million in outstanding principal and interest due for Commercial Paper, and (ii) finance the capital cost components of the Metro Matters Program. The annual debt service expense will be paid by the jurisdictions that opted into the bond issuance. The $21.2 million annual debt service expense is reported as part of the capital budget and will be included on the subsidy allocation tables.

The Commercial Paper Program was retired during June 2009 with proceeds of the Series 2009A bond issuance and a portion of the jurisdiction opt out receipts. A $125 million line of credit (LOC) with Wachovia and a $125 million line of credit with Bank of America further support Metro Matters. Additionally, there is internal borrowing to meet the cash flow needs of capital expenses.

Washington Metropolitan Area Transit Authority November 2009 Monthly Financial Report -- FY2010

November 30, 2009 Debt Type Outstanding Annual Maturity (dollars in million) Principal Debt Service Date Bond Series 1993 $11.4 $11.8 FY2011 Bond Series 2003 $87.5 $15.6 FY2015 Subtotal $98.9 $27.5

Bond Series 2003B $5.7 $5.9 FY 2011 Bond Series 2009A $242.7 $18.7 FY2033 Bond Series 2009B $55.0 $2.5 FY2035 Subtotal $297.7 $21.2 Internal Borrowing $93.1 n/a Multiple Wachovia LOC $0.0 Varies May-10 Bank of America LOC $0.0 Varies Jun-10 Subtotal $93.1 Grand Total $495.4

Washington Metropolitan Area Transit Authority November 2009 Monthly Financial Report -- FY2010

APPENDIX

• Operating Financials (budget variance report, by mode)

• Ridership analysis -- monthly

• Capital Project Financials, Metro Matters by project

• Capital budget and expenditures, Metro Matters by ARRA

• Jurisdictional balances on account

• Transit Infrastructure Investment Fund (TIIF)

• Grant Activity (November 2009)

Operating Financials November-09 FISCAL YEAR 2009 Dollars in Millions MONTHLY RESULTS: YEAR-TO-DATE RESULTS: Prior Year Current Year Prior Year Current Year Actual Actual Budget Variance Actual Actual Budget Variance REVENUES: Passenger Revenue $35.8 $36.3 $39.0 ($2.7) -7% Metrorail $210.8 $205.3 $220.7 ($15.3) -7% 8.3 7.8 9.0 (1.2) -13% Metrobus 49.1 45.0 50.2 (5.2) -10% 0.3 0.3 0.4 (0.0) -10% MetroAccess 1.3 1.8 2.0 (0.2) -12% 3.4 3.4 3.6 (0.2) -5% Parking 19.9 19.5 20.9 (1.4) -7% $47.8 $47.9 $52.0 ($4.1) -8% subtotal $281.0 $271.6 $293.8 ($22.2) -8% Non-Passenger Revenue $0.5 $0.5 $0.5 ($0.0) 0% D.C. Schools $1.9 $1.7 $1.7 ($0.0) 0% 0.0 0.0 0.0 0.0 0% Contract Bus 0.1 0.0 0.0 0.0 0% 3.4 3.7 3.5 0.2 5% Advertising 16.3 17.4 17.5 (0.1) 0% 0.6 0.4 0.5 (0.1) -25% Rent 2.9 3.1 2.4 0.7 30% 1.1 1.0 1.0 0.0 4% Fiber Optic 5.4 5.8 5.0 0.8 16% 0.2 0.3 0.3 (0.1) -15% Other 2.1 2.6 1.7 0.9 53% 0.1 (0.0) 0.3 (0.3) -113% Interest 0.9 (0.0) 1.3 (1.3) -101% 0.4 0.4 0.4 0.0 0% SE Closure 2.0 2.1 2.1 0.0 0% 0.7 0.1 0.8 (0.6) -84% SCR Funding 3.6 2.8 3.8 (1.0) -27% $6.9 $6.4 $7.3 ($0.9) -12% subtotal $35.0 $35.5 $35.5 $0.0 0%

$54.7 $54.3 $59.2 ($4.9) -8% TOTAL REVENUE $316.0 $307.0 $329.2 ($22.2) -7%

EXPENSES: $51.2 $55.6 $54.0 ($1.6) -3% Salary/Wages/OT $280.5 $286.6 $278.6 ($8.0) -3% 19.6 24.0 23.2 (0.8) -3% Fringe Benefits 98.8 117.7 116.0 (1.7) -1% 11.3 13.5 13.0 (0.5) -4% Services 57.9 67.0 67.9 0.8 1% 5.0 7.0 5.6 (1.5) -26% Supplies 30.7 34.3 28.1 (6.2) -22% 8.6 7.5 8.9 1.5 16% Power/Diesel/CNG 47.1 39.3 45.7 6.5 14% 7.9 5.7 6.4 0.8 12% Insurance/Utilities/Other 38.9 29.9 31.1 1.2 4% (1.7) 0.0 0.0 0.0 Reimbursements (8.6) 0.0 0.0 0.0 $101.9 $113.3 $111.2 ($2.1) -2% TOTAL EXPENSE $545.2 $574.8 $567.4 ($7.4) -1%

$47.2 $59.0 $52.0 ($7.0) -13% SUBSIDY $229.2 $267.8 $238.2 ($29.6) -12% Favorable/(Unfavorable) Favorable/(Unfavorable)

54% 48% 53% COST RECOVERY RATIO 58% 53% 58%

12/21/2009 RAIL Operating Financials November-09 FISCAL YEAR 2009 Dollars in Millions MONTHLY RESULTS: YEAR-TO-DATE RESULTS:

Prior Year Current Year Prior Year Current Year Actual Actual Budget Variance Actual Actual Budget Variance

REVENUES: $35.8 $36.3 $39.0 ($2.7) -7% Passenger Fares $210.8 $205.3 $220.7 ($15.3) -7% 0.2 0.2 0.2 (0.0) 0% D.C. Schools 0.8 0.7 0.7 (0.0) 0% 3.4 3.4 3.6 (0.2) -5% Parking 19.8 19.5 20.9 (1.4) -7% 1.2 1.4 1.2 0.3 23% Advertising 5.9 6.2 5.8 0.5 8% 0.6 0.4 0.5 (0.1) -25% Rent 2.9 3.1 2.4 0.7 30% 1.1 1.0 1.0 0.0 4% Fiber Optic 5.4 5.8 5.0 0.8 16% 0.1 0.1 0.2 (0.1) -31% Other 1.1 1.4 0.9 0.5 55% 0.0 0.0 0.2 (0.1) -88% Interest 0.3 0.0 0.8 (0.8) -96% 0.6 0.1 0.6 (0.5) -79% SCR Funding 2.9 0.4 3.0 (2.6) -86% $43.1 $43.1 $46.4 ($3.3) -7% TOTAL REVENUE $249.9 $242.6 $260.2 ($17.6) -7%

EXPENSES: $28.8 $32.5 $31.8 ($0.8) -2% Salary/Wages/OT $162.8 $170.9 $163.6 ($7.3) -4% 11.1 14.0 13.4 (0.6) -5% Fringe Benefits 57.8 68.9 66.7 (2.2) -3% 2.4 3.6 4.6 1.0 22% Services 16.7 21.2 24.0 2.8 12% 2.7 3.9 3.2 (0.7) -21% Supplies 17.7 21.7 16.4 (5.3) -32% 6.1 5.4 5.7 0.3 6% Power/Diesel/CNG 29.6 26.2 29.3 3.1 11% 5.2 4.0 4.6 0.6 13% Insurance/Utilities/Other 25.7 21.7 22.6 1.0 4% (0.2) 0.0 0.0 0.0 Reimbursements (1.1) 0.0 0.0 0.0 $56.1 $63.4 $63.3 ($0.1) 0% TOTAL EXPENSE $309.1 $330.6 $322.6 ($7.9) -2%

$13.0 $20.4 $16.9 ($3.5) -20% SUBSIDY $59.3 $88.0 $62.4 ($25.6) -41%

Favorable/(Unfavorable) Favorable/(Unfavorable)

77% 68% 73% COST RECOVERY RATIO 81% 73% 81% METROBUS Operating Financials November-09 FISCAL YEAR 2009 Dollars in Millions MONTHLY RESULTS: YEAR-TO-DATE RESULTS:

Prior Year Current Year Prior Year Current Year Actual Actual Budget Variance Actual Actual Budget Variance

REVENUES: $8.3 $7.8 $9.0 ($1.2) -13% Passenger Fares $49.1 $45.0 $50.2 ($5.2) -10% 0.3 0.3 0.3 (0.0) 0% D.C. Schools 1.0 1.0 1.0 (0.0) 0% 2.1 2.2 2.3 (0.1) -4% Advertising 10.4 11.2 11.7 (0.5) -5% 0.1 0.1 0.2 (0.0) -20% Other 0.8 0.8 0.8 (0.0) -1% 0.0 (0.1) 0.1 (0.2) -159% Interest 0.6 (0.0) 0.5 (0.5) -109% 0.4 0.4 0.4 0.0 0% SE Closure 2.0 2.1 2.1 0.0 0% 0.1 0.0 0.1 (0.1) -100% SCR Funding 0.7 2.3 0.7 1.6 213% $11.4 $10.8 $12.4 ($1.6) -13% TOTAL REVENUE $64.6 $62.3 $67.0 ($4.7) -7%

EXPENSES: $22.4 $22.8 $21.9 ($0.9) -4% Salary/Wages/OT $117.5 $114.3 $113.6 ($0.7) -1% 8.5 9.9 9.7 (0.2) -2% Fringe Benefits 40.9 48.2 48.8 0.5 1% 2.4 2.7 2.1 (0.6) -30% Services 8.8 10.0 10.6 0.6 6% 2.2 3.1 2.3 (0.8) -33% Supplies 12.9 12.5 11.6 (0.9) -8% 2.5 2.1 3.2 1.1 35% Power/Diesel/CNG 17.5 13.0 16.4 3.4 21% 2.7 1.6 1.8 0.2 10% Insurance/Utilities/Other 13.1 8.1 8.2 0.1 1% (1.5) 0.0 0.0 0.0 Reimbursements (7.5) 0.0 0.0 0.0 $39.2 $42.2 $41.1 ($1.1) -3% TOTAL EXPENSE $203.2 $206.2 $209.2 $3.0 1%

$27.8 $31.4 $28.7 ($2.7) -10% SUBSIDY $138.6 $143.9 $142.2 ($1.7) -1%

Favorable/(Unfavorable) Favorable/(Unfavorable)

29% 26% 30% COST RECOVERY RATIO 32% 30% 32% REGIONAL BUS Operating Financials November-09 FISCAL YEAR 2009 Dollars in Millions MONTHLY RESULTS: YEAR-TO-DATE RESULTS:

Prior Year Current Year Prior Year Current Year Actual Actual Budget Variance Actual Actual Budget Variance

REVENUES: $7.0 $6.5 $7.4 ($1.0) -13% Passenger Fares $41.4 $37.3 $41.6 ($4.3) -10% 0.3 0.3 0.3 (0.0) 0% D.C. Schools 1.0 1.0 1.0 (0.0) 0% 2.1 2.2 2.3 (0.1) -4% Advertising 10.4 11.2 11.7 (0.5) -5% 0.1 0.1 0.2 (0.0) -20% Other 0.8 0.8 0.8 (0.0) -1% 0.0 (0.1) 0.1 (0.2) -159% Interest 0.6 (0.0) 0.5 (0.5) -109% 0.4 0.4 0.4 0.0 0% SE Closure 2.0 2.1 2.1 0.0 0% 0.1 0.0 0.1 (0.1) -100% SCR Funding 0.7 2.3 0.7 1.6 213% $10.1 $9.5 $10.9 ($1.4) -13% TOTAL REVENUE $57.0 $54.6 $58.4 ($3.8) -7%

EXPENSES: $18.8 $18.5 $17.8 ($0.7) -4% Salary/Wages/OT $98.7 $92.5 $91.9 ($0.6) -1% 7.1 8.0 7.9 (0.1) -2% Fringe Benefits 34.3 39.1 39.5 0.4 1% 2.0 2.2 1.7 (0.5) -30% Services 7.4 8.1 8.6 0.5 6% 1.9 2.5 1.9 (0.6) -33% Supplies 10.8 10.1 9.4 (0.7) -8% 2.1 1.7 2.6 0.9 35% Power/Diesel/CNG 14.7 10.6 13.3 2.7 21% 2.2 1.3 1.5 0.2 10% Insurance/Utilities/Other 11.0 6.6 6.6 0.1 1% (1.3) 0.0 0.0 0.0 Reimbursements (6.3) 0.0 0.0 0.0 $32.9 $34.2 $33.3 ($0.9) -3% TOTAL EXPENSE $170.6 $166.9 $169.3 $2.4 1%

$22.8 $24.7 $22.4 ($2.3) -10% SUBSIDY $113.6 $112.3 $110.9 ($1.4) -1%

Favorable/(Unfavorable) Favorable/(Unfavorable)

31% 28% 33% COST RECOVERY RATIO 33% 33% 34% NON-REGIONAL BUS Operating Financials November-09 FISCAL YEAR 2009 Dollars in Millions MONTHLY RESULTS: YEAR-TO-DATE RESULTS:

Prior Year Current Year Prior Year Current Year Actual Actual Budget Variance Actual Actual Budget Variance

REVENUES: $1.3 $1.3 $1.5 ($0.2) -13% Passenger Fares $7.6 $7.7 $8.6 ($0.9) -10% .0 .0 .0 .0 0% 08 Fare Inc. .0 .0 .0 .0 0% .0 .0 .0 .0 0% SE Closure .0 .0 .0 .0 0&% $1.3 $1.4 $1.6 ($0.2) -13% TOTAL REVENUE $7.6 $7.7 $8.6 ($0.9) -10%

EXPENSES: $3.6 $4.3 $4.2 ($0.2) -4% Salary/Wages/OT $18.9 $21.8 $21.7 ($0.1) -1% 1.4 1.9 1.9 (0.0) -2% Fringe Benefits 6.6 9.2 9.3 0.1 1% 0.4 0.5 0.4 (0.1) -30% Services 1.4 1.9 2.0 0.1 6% 0.4 0.6 0.4 (0.1) -33% Supplies 2.1 2.4 2.2 (0.2) -8% 0.4 0.4 0.6 0.2 35% Power/Diesel/CNG 2.8 2.5 3.1 0.6 21% 0.4 0.3 0.3 0.0 10% Insurance/Utilities/Other 2.1 1.5 1.6 0.0 1% (.2) .0 .0 .0 Reimbursements (1.2) .0 .0 .0 $6.3 $8.0 $7.8 ($0.2) -3% TOTAL EXPENSE $32.7 $39.3 $39.9 $.6 1%

$5.0 $6.7 $6.3 ($0.4) -7% SUBSIDY $25.0 $31.6 $31.2 ($0.3) -1%

Favorable/(Unfavorable) Favorable/(Unfavorable)

21% 17% 20% COST RECOVERY RATIO 23% 20% 22% METROACCESS Operating Financials November-09 FISCAL YEAR 2009 Dollars in Millions MONTHLY RESULTS: YEAR-TO-DATE RESULTS:

Prior Year Current Year Prior Year Current Year Actual Actual Budget Variance Actual Actual Budget Variance

REVENUES: $0.3 $0.3 $0.4 ($0.0) -10% Passenger Fares $1.3 $1.8 $2.0 ($0.2) -12% .0 .0 .0 .0 Other .3 .4 .0 .4 $0.3 $0.4 $0.4 ($0.0) 0% TOTAL REVENUE $1.6 $2.2 $2.0 $0.2 7%

EXPENSES: $0.0 $0.3 $0.3 $0.0 5% Salary/Wages/OT $0.2 $1.4 $1.4 $0.1 4% 0.0 0.1 0.1 (0.0) -11% Fringe Benefits 0.1 0.6 0.5 (0.1) -10% 6.5 7.2 6.3 (0.9) -13% Services 32.3 35.9 33.2 (2.6) -8% 0.0 0.0 0.0 0.0 16% Supplies 0.0 0.1 0.1 0.0 15% 0.1 0.0 0.1 0.0 27% Insurance/Utilities/Other 0.2 0.2 0.3 0.2 50% $6.6 $7.6 $6.8 ($0.8) -12% TOTAL EXPENSE $32.9 $38.1 $35.6 ($2.5) -7%

$6.4 $7.3 $6.4 ($0.8) -13% SUBSIDY $31.3 $35.9 $33.6 ($2.3) -7%

Favorable/(Unfavorable) Favorable/(Unfavorable)

4% 5% 6% COST RECOVERY RATIO 5% 6% 6% Bus Ridership (Monthly) Bus Average Fare (Monthly)

Prior Yr Budget Actual Budget Actual 13 $0.90

$0.85 12 $0.80

11 $0.75

$0.70

Trips (Millions) 10 $0.65

9 $0.60 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun [ FY08 ] [ FY09 ] [ FY10 ]

Revenue Variance Due to Ridership Revenue Variance Due to Average Fare $0.8 $1.5 $0.6 $0.4 $1.0 $0.2 $0.0 $0.5 ($0.2)

($0.4) $ Millions $0.0 $ Millions ($0.6) ($0.8) ($0.5) ($1.0) ($1.2) ($1.0)

[ FY08 ] [ FY09 ] [ FY10 ] [ FY08 ] [ FY09 ] [ FY10 ] Rail Ridership (Monthly) Rail Average Fare (Monthly)

PriorYr Budget Actual Budget Actual 22 $2.50 21 $2.40 20 $2.30 19 $2.20 18 $2.10 17 $2.00 16 Trips (Millions) 15 $1.90 14 $1.80 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun [ FY08 ] [ FY09 ] [ FY10 ]

Revenue Variance Due to Ridership Revenue Variance Due to Average Fare $4.5 $4.0 $3.5 $3.0 $2.5 $2.0 $1.5 $0.5 $1.0 ($0.5) $ Millions $ Millions $0.0 ($1.5) ($1.0) ($2.5)

($3.5) ($2.0)

[ FY08 ] [ FY09 ] [ FY10 ] [ FY08 ] [ FY09 ] [ FY10 ]

N:\FY2010\GM-Report\2009-11 (2009-05)\4 - Appendix_FY10-Nov- AvgFare-Trend.xls MetroAccess Ridership (Monthly) MetroAccess Average Fare (Monthly)

Prior Yr Budget Actual Budget Actual $4.00 220,000

210,000 $3.50

200,000 $3.00

190,000 $2.50

$2.00 Trips 180,000

170,000 $1.50

160,000 $1.00

150,000 $0.50 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun [ FY08 ] [ FY09 ] [ FY10 ]

Revenue Variance Due to Ridership Revenue Variance Due to Average Fare $80,000 $30,000

$60,000 $0

$40,000 ($30,000)

$20,000 ($60,000)

$0 ($90,000)

($20,000) ($120,000)

[ FY08 ] [ FY09 ] [ FY10 ] [ FY08 ] [ FY09 ] [ FY10 ] Parking Transactions (Monthly) Parking Average Fee (Monthly)

Prior Yr Budget Actual Budget Actual

$3.90 1,250,000

$3.65 1,150,000 $3.40

1,050,000 $3.15

950,000 $2.90

850,000 $2.65 Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun [ FY08 ] [ FY09 ] [ FY10 ]

Revenue Variance Due to Transaction Revenue Variance Due to Average Fee $200,000 $200,000

$0 $100,000

($200,000) $0

($400,000)

($100,000) ($600,000)

($200,000) ($800,000)

($1,000,000) ($300,000)

[ FY08 ] [ FY 09 ] [ FY10 ] [ FY08 ] [ FY 09 ] [ FY10 ] Year-to-Date-November FY 2010

Account Analysis Modal Analysis

Last Year This Year This Year Actual Actual Actual Budget Budget Variance Actual vs Budget vs. Last Year Actual a. Passenger Revenue d. Metrorail Metrorail $210,765 $205,334 $221,063 ($15,728) (7%) Ridership ($12,190) (6%) ($4,242) (2.0%) Metrobus $49,069 $44,970 $50,206 ($5,236) (10%) Average Fare ($3,538) (2%) ($1,190) (1%) MetroAccess $1,309 $1,776 $2,010 ($235) (12%) Budget Variance ($15,728) (7%) ($5,431) (3%) Monthly Total $261,143 $252,080 $273,278 ($21,199) (8%) b. Ridership e. Metrobus Metrorail 93,520 91,638 96,986 (5,348) (6%) Ridership ($4,780) (10%) ($2,915) (6%) Metrobus 58,290 54,827 60,596 (5,769) (10%) Average Fare ($456) (1%) ($1,184) (3%) MetroAccess 834 994 951 43 5% Budget Variance ($5,236) (10%) ($4,099) (8%) Monthly Total 152,643 147,459 158,533 (11,074) (7%) c. Average Fare f. MetroAccess Metrorail $2.25 $2.24 $2.28 ($0.04) (2%) Ridership $91 5% $251 19% Metrobus $0.84 $0.82 $0.83 ($0.01) (1%) Average Fare ($325) (15%) $216 14% MetroAccess $1.57 $1.79 $2.11 ($0.33) (15%) Budget Variance ($235) (12%) $467 36% Monthly Total $1.71 $1.71 $1.72 ($0.01) (1%) Ridership and Revenue Analysis: November FY2010

Account Analysis Modal Analysis

Last Year This Year This Year Actual Actual Actual Budget Budget Variance Actual vs Budget vs. Last Year Actual a. Passenger Revenue d. Metrorail Metrorail $35,771 $36,331 $38,997 ($2,666) (7%) Ridership ($1,868) (5%) $553 2% Metrobus $8,319 $7,809 $8,980 ($1,171) (13%) Average Fare ($798) (2%) $7 0% MetroAccess $271 $343 $381 ($37) (10%) Budget Variance ($2,666) (7%) $560 2% Monthly Total $44,360 $44,484 $48,358 ($3,874) (8%) b. Ridership e. Metrobus Metrorail $16,130 16,379 17,203 (824) (5%) Ridership ($1,071) (12%) ($563) (7%) Metrobus $10,208 9,517 10,805 (1,289) (12%) Average Fare ($100) (1%) $54 1% MetroAccess $157 190 191 (1) (0%) Budget Variance ($1,171) (13%) ($509) (6%) Monthly Total 26,494 26,086 28,199 ($2,113) (7%) c. Average Fare f. MetroAccess Metrorail $2.22 $2.22 $2.27 ($0.05) (2%) Ridership ($2) (0%) $57 21% Metrobus $0.81 $0.82 $0.83 ($0.01) (1%) Average Fare ($36) (9%) $15 5% MetroAccess $1.72 $1.80 $1.99 ($0.19) (9%) Budget Variance ($37) (10%) $73 27% Monthly Total $1.67 $1.71 $1.71 ($0.01) (1%) Washington Metropolitan Area Transit Authority Capital Project Financials Fiscal 2010 - November 2009 Dollars in Thousands

METRO MATTERS - Fiscal Year 2010 Budget Obligated Expended Un-Expended

A. Infrastructure Renewal Program (IRP) Rolling Stock: Bus Hybrid Bus Replacement 85,645.6 $81,436.1 19,039.8 66,605.8 Bus Procurement 58.2 58.2 58.2 Bus Vehicle Maintenance 20,000.0 5,007.0 5,007.0 14,993.0 Subtotal $105,703.7 $86,501.2 $24,046.8 $81,657.0

Rolling Stock: Rail Rail Car Enhancements $296.9 $296.9 $23.2 $273.8 2000/3000 Series Rail Cars Rehab 10,617.9 4,401.7 1,147.7 9,470.2 7000 Series Railcar Procurement 4,000.0 4,000.0 Subtotal $14,914.9 $4,698.6 $1,170.9 $13,744.0

Passenger Facilities Escalator Rehabilitation $4,498.1 $4,069.4 $160.7 $4,337.4 Elevator/Escalator Maint. 3,989.8 2,970.5 1,877.5 2,112.3 Elevator Rehabilitation 660.2 122.0 122.0 538.2 Station Enhancement 7,744.8 3,083.6 3,083.6 4,661.2 Parking Lot Rehabilitation 3,257.3 2,023.1 1,657.7 1,599.6 Station & Tunnel Rehab. 2,944.1 2,011.1 1,491.5 1,452.6 Fire System Rehabilitation 9,204.6 8,077.0 2,130.9 7,073.7 Station Chiller Rehabilitation 3,407.1 3,118.4 1,035.8 2,371.3 Drainage Pumping/Sewer Rehab. 385.1 150.2 81.2 303.9 Red Line Rehab (Dupont Circle to Silver Spring 33,056.0 29,610.7 3,279.9 29,776.1 Orange/Blue Line Rehab (Reagan Airport to Ne 1,500.0 300.0 1,500.0 Washington Metropolitan Area Transit Authority Capital Project Financials Fiscal 2010 - November 2009 Dollars in Thousands

METRO MATTERS - Fiscal Year 2010 Budget Obligated Expended Un-Expended Rail Facilities Rehab (Brentwood, New Carrollto 600.0 600.0 600.0 Bus Facility Rehabilitation 6,189.0 1,176.6 640.6 5,548.4 Subtotal $77,436.1 $57,312.7 $15,561.4 $61,874.6

Maintenance Facilities Environment Assessment $790.5 $708.9 $790.5 Emergency Construction Bus 32.3 32.3 Rail/Bus Str, Offices, Yards 368.2 337.3 87.0 281.2 Repairables 8,362.4 2,588.4 838.5 7,523.9 Non-Revenue Vehicles 1,727.2 1,557.8 1,398.0 329.3 Support Equipment - MTPD 5,990.9 1,995.5 1,836.9 4,153.9 Support Equipment - IT 3,434.7 1,581.6 1,069.9 2,364.8 Support Equipment - Other Offices 2,095.8 1,058.8 682.7 1,413.1 Bus Support Equipment 1,840.8 721.6 79.6 1,761.1 Rail Support Equipment 3,606.5 1,759.6 891.2 2,715.3 Bus Lifts/Work Equipment 400.0 87.8 80.5 319.5 Rail Car Washer Rehabilitation 500.0 401.6 172.4 327.6 Locomotives and Prime Movers 8,941.1 35.0 35.0 8,906.1 Subtotal $38,090.3 $12,834.0 $7,171.8 $30,918.6

Systems Train Communication Upgrade $8,773.6 $8,483.5 $649.4 $8,124.2 Train Monitoring System 8,000.0 8,000.0 Mid-Life Rehabilitation ATC 5,838.2 5,787.9 2,279.5 3,558.7 Mid-Life Rehab AC/TPSS/TBS 411.6 354.9 250.0 161.5 Traction Power Switchgear 7,953.8 4,051.4 350.0 7,603.8 Washington Metropolitan Area Transit Authority Capital Project Financials Fiscal 2010 - November 2009 Dollars in Thousands

METRO MATTERS - Fiscal Year 2010 Budget Obligated Expended Un-Expended UPS System Replacement 201.8 201.8 86.9 114.9 Electrical Systems Rehab 992.1 475.8 372.3 619.8 Power Distribution Unit (PDU) at JGB 4,000.0 4,000.0 Fare Collection Equipment 6,811.3 2,859.1 166.4 6,644.9 Regional Fare Integration (SmarTrip) 17,070.0 2,520.7 474.6 16,595.4 Subtotal $60,052.4 $24,735.2 $4,629.1 $55,423.3

Track and Structure ROW Structure Rehabilitation $6,172.8 $6,036.2 $3,348.2 $2,824.6 ROW Floating Slabs 1,314.3 608.0 475.3 839.1 ROW Track Rehabilitation 19,400.1 10,621.4 6,933.5 12,466.6 Station Tunnel Leak Mitigation 3,804.7 1,299.1 1,175.5 2,629.2 Subtotal $30,692.0 $18,564.7 $11,932.5 $18,759.5

Information Technology Information Technology (IT) $28,601.3 $15,333.7 $5,854.4 $22,746.8 NextBus Real Time Information 578.1 572.3 291.8 286.3 CRCS Cable Replacement 750.0 750.0 Return to Work 750.0 502.0 386.0 364.0 Bus Operations Control Center at CTF 2,000.0 2,000.0 ROCS Upgrade Program (IRPG) 62.6 57.9 62.6 Subtotal $32,742.0 $16,465.8 $6,532.2 $26,209.8

Preventive Maintenance Preventive Maintenance $30,700.0 $12,791.7 $12,791.7 $17,908.3 Washington Metropolitan Area Transit Authority Capital Project Financials Fiscal 2010 - November 2009 Dollars in Thousands

METRO MATTERS - Fiscal Year 2010 Budget Obligated Expended Un-Expended Subtotal $30,700.0 $12,791.7 $12,791.7 $17,908.3

Urgent Capital Needs Safety $500.0 $500.0 $500.0 Rail Cars 8,971.0 843.8 206.3 8,764.7 Train Power Systems 3,055.5 1,214.4 781.4 2,274.0 Buses 3,200.0 21.0 3,200.0 Metro Access 1,447.1 926.2 926.2 520.9 Rail Equipment 4,000.0 4,000.0 State of Good Repair 27,781.9 20,604.6 10,218.0 17,563.9 Train Control/Business Systems 21,046.5 6,873.4 2,643.5 18,403.0 Subtotal $70,001.9 $30,983.4 $14,775.5 $55,226.5

Total: Infrastructure Renewal Program $460,333.3 $264,887.4 $98,611.7 $361,721.6

B. Eight-Car Train Capital Initiative 6000 Series Rail Car $16,530.1 $5,629.8 $1,603.7 $14,926.4 Rail Yard Maintenance & Storge 11,290.0 11,171.2 5,078.1 6,211.9 Traction Power Substation Upgrade 9,349.2 8,485.2 3,521.4 5,827.8 Precision Stopping 1,841.2 1,262.7 170.8 1,670.4 Total: Eight-Car Train Capital Initiative $39,010.4 $26,548.9 $10,373.9 $28,636.5

C. Bus Improvement Capital Initiative Bus Procurement $20.3 $20.3 $20.3 Washington Metropolitan Area Transit Authority Capital Project Financials Fiscal 2010 - November 2009 Dollars in Thousands

METRO MATTERS - Fiscal Year 2010 Budget Obligated Expended Un-Expended West Ox Bus Garage 1,816.5 346.2 3.9 1,812.6 Customer Facilities 8,555.2 2,703.5 1,471.9 7,083.3 Total: Bus Improvement Capital Initiative $10,392.0 $3,070.0 $1,475.8 $8,916.2

E. Program Management Credit Facility $1,474.0 $591.9 $505.3 $968.8 System Expansion Planning (Proj. Dev.) 478.4 $478.4 Program Management & Support 11,082.3 5,727.1 5,718.9 5,363.3 Finance 192.4 52.7 9.8 182.6 PreMM - Finance 12,237.8 12,237.8 7,851.7 4,386.1 Vertical Transportation Bonds 6,000.0 6,000.0 2,500.0 3,500.0 Total: Program Management $31,464.8 $24,609.4 $16,585.6 $14,879.2

Borrowing Expense 21,176.0 8,624.7 21,176.0

2010 TOTAL $562,376.6 $327,740.4 $127,047.1 $435,329.5

Security Program Bus Garage Security $5,800.0 $5,800.0 Cameras on Buses 6,410.0 6,410.0 Cameras on Rail Cars 7,139.7 7,139.7 CCV and Access Control 11,675.8 11,675.8 Chemical Detection 1,906.0 1,906.0 Metrorail Station Camera 2,774.0 2,774.0 Washington Metropolitan Area Transit Authority Capital Project Financials Fiscal 2010 - November 2009 Dollars in Thousands

METRO MATTERS - Fiscal Year 2010 Budget Obligated Expended Un-Expended PG Radio Upgrade 500.0 500.0 Platform Security 6,517.8 6,517.8 PROTECT Systems 606.0 606.0 Radio Redundancy AOCC 5,900.0 5,900.0 Vent Intrusion Detection 11,500.0 11,500.0 Total: Security Program $60,729.4 $60,729.4

2010 GRAND TOTAL CAPITAL PROJECTS $623,106.0 $327,740.4 $127,047.1 $496,058.9

Definitions Budget: The current fiscal year's total planned cash payout. Obligated: The portion of the current fiscal year's budget for payment against awarded contracts, plus the respective labor cost. Expended: The actual cash payout that has occurred to date in the current fiscal year. Unexpended: The difference between the planned cash payout and the actual cash payout that has occurred to date in the current fiscal year. Washington Metropolitan Area Transit Authority Capital Project Financials Fiscal 2010 - November 2009 Dollars in Thousands

ARRA - Fiscal Year 2010 Budget Obligated Expended Un-Expended

Vehicles & Vehicle Parts Replacement of Oldest Buses (ST02) $27,026.1 $27,026.1 $27,026.1 MetroAccess Fleet Expansion and Replacement (ST10) 3,775.0 3,748.3 381.0 3,394.0 Service Vehicle Replacement (ST14) 6,000.0 5,913.5 2,079.5 3,920.5 Bus Replacement Components (ST26) 2,803.6 2,324.3 1,118.3 1,685.3 Subtotal $39,604.7 $39,012.2 $3,578.8 $36,025.9

Maintenance Facilities New Bus Budy and Paint Shop (ST04) $23,900.0 $18,608.2 $524.2 $23,375.8 Replacement of Southeastern Bus Garage (ST05) 30,000.0 30,000.0 Bus Garage Facility Repairs (ST11) 7,600.0 4,427.9 1,205.2 6,394.8 Subtotal $61,500.0 $23,036.1 $1,729.4 $59,770.6

Passenger Facilities Replacement of Crumbling Platforms (ST08) $16,000.0 $15,886.0 $16,000.0 Update Platform Real-Time Signs (ST28) 2,500.0 2,500.0 Metro Center Sales Office Replacement (ST38) 1,200.0 1,007.3 7.5 1,192.5 Subtotal $19,700.0 $16,893.3 $7.5 $19,692.5

Safety & Security Bus Garage Security Update (ST23) $3,000.0 $2,849.2 $37.7 $2,962.3 Communications Equip. for Operations Control Center (ST24) 3,000.0 1,816.4 1,116.6 1,883.4 Washington Metropolitan Area Transit Authority Capital Project Financials Fiscal 2010 - November 2009 Dollars in Thousands

ARRA - Fiscal Year 2010 Budget Obligated Expended Un-Expended Emergency Tunnel Evacuation Carts (ST30) 1,000.0 701.3 1,000.0 Underground Communications Radios (ST40) 1,000.0 868.7 868.7 131.3 Additional Station Alarm/Chemical Sensors (ST48) 4,000.0 3,597.2 1,251.6 2,748.4 Subtotal $12,000.0 $9,832.8 $3,274.5 $8,725.5

Maintenance & Repair Equipment Heavy Duty Locomotives for Maintenance (ST12) $7,500.0 $7,500.0 Power Tool Equipment Replacement (ST31) 1,934.0 1,335.5 40.3 1,893.7 60-Ton Crane for Track Work (ST17) 4,000.0 4,000.0 Heavy Duty Track Equipment (ST07) 11,564.5 4,659.3 11,564.5 Track Welding Program to Repair Defects (ST18) 3,900.0 62.7 62.7 3,837.3 Track Pad/Shock Absorber Rehabilitation (ST37) 1,030.0 532.0 532.0 498.0 Subtotal $29,928.5 $6,589.5 $635.1 $29,293.4

Operations Systems Upgrade 3 (Three) Oldest Stations and Systems (ST09) $17,900.0 $16,557.0 $17,900.0 Additional SmarTrip Fare Machines (ST19) 3,500.0 1,875.8 3,500.0 Bus Real-Time, Route, and Scheduling Systems (ST21) 3,000.0 3,000.0 Bus Engine Fluid Alert System (ST34) 1,500.0 1,500.0 1,500.0 Kiosk and Train Control Computers (ST41) 395.0 99.8 395.0 Subtotal $26,295.0 $20,032.6 $26,295.0 Washington Metropolitan Area Transit Authority Capital Project Financials Fiscal 2010 - November 2009 Dollars in Thousands

ARRA - Fiscal Year 2010 Budget Obligated Expended Un-Expended

Information Technology Sensitive Data Protection Technology (ST16) $4,900.0 $1,013.2 $886.5 $4,013.5 Document Management System (ST32) 750.0 649.2 750.0 Financial System Integration (ST63) 5,000.0 256.8 5,000.0 Subtotal $10,650.0 $1,919.2 $886.5 $9,763.5

TOTAL ARRA PROJECTS $199,678.2 $117,315.6 $10,111.9 $189,566.3

Miscellaneous Other 2,155.0 2,155.0

TOTAL ARRA PROGRAM $201,833.2 $117,315.6 $10,111.9 $191,721.3

Definitions Budget: The current fiscal year's total planned cash payout. Obligated: The portion of the current fiscal year's budget for payment against awarded contracts, plus the respective labor cost. Expended: The actual cash payout that has occurred to date in the current fiscal year. Unexpended: The difference between the planned cash payout and the actual cash payout that has occurred to date in the current fiscal year. JURISDICTIONAL BALANCES ON ACCOUNT As of November 30, 2009 ($ Refund to Jurisdictions) / $ Due from Jurisdictions $ in millions

JURISDICTION OPERATING NOTES 1

DISTRICT OF COLUMBIA DC Dept of Transportation ($0.087) DC Dept of Transportation ($0.423) D.C. School Subsidy - Includes actuals thru May 2009; estimates for June Thru November 2009. DC Dept of Transportation 0.000 7th Street Bridge DC Dept of Public Works 0.182 Joint and Adjacent Escort Services DC Dept of Public Works 0.150 Joint and Adjacent Escort Services Credits to be Applied to 3rd Quarter FY2010 Billing: Metro Matters Interest Earnings for Metro Matters Program $0.000 DC TOTAL ($0.177)

MARYLAND Montgomery County $0.122 Pending receipt of capital/CMAQ Prince George's County (0.123) Pending receipt of capital/CMAQ Credits to be Applied to 3rd Quarter FY2010 Billing: Audit Adjustment Credit Application $0.000 MD TOTAL ($0.001)

VIRGINIA Alexandria ($0.100) Arlington ($0.658) City of Fairfax ($0.031) Fairfax County ($0.445) Fairfax County Dept. of Family Service $0.093 Access to Jobs Falls Church ($0.056) Northern VA Transportation Comm. ($0.284) Credits to be Applied to 3rd Quarter FY2010 Billing: Metro Matters Interest Earnings for Metro Matters Program $0.000 VA TOTAL ($1.481)

GRAND TOTAL………………………………………………… ($1.659) Washington Metropolitan Area Transit Authority Transit Infrastructure Investment Fund (TIIF) Fiscal 2010 - November 2009 Dollars in Thousands

Funds Jurisdictional Approved Unexpended Received Allocation Uses Expenses Approved Uses Total Received for TIIF $106,662.1 Restricted Funds: Huntington Parking $12,900.0 $12,802.3 $97.7 White Flint Parking 4,421.7 $4,404.9 16.8 FY05/06 Operating 4,000.0 $4,000.0 0.0 FY07 Operating 2,000.0 $2,000.0 0.0 FY08 Operating 2,000.0 $2,000.0 0.0 FY09 Operating 2,000.0 $2,000.0 0.0 FY10 Operating (continues thru FY12) 2,000.0 $666.7 1,333.3 FY07 Safe, Clean Reliable 5,850.0 5,850.0 0.0 FY08 Safe, Clean Reliable 7,000.0 7,000.0 0.0 FY09 Safe, Clean Reliable 7,000.0 7,000.0 0.0 FY10 Safe, Clean Reliable (end) 7,000.0 2,333.3 4,666.7 TSSM from Twinbrook to Shady Grove 1,000.0 525.6 474.4 Gallery Place Remediation 18.4 18.4 0.0 57,190.1 50,601.3 6,588.8 Unrestricted Funds Available for Use: ($10,528.0) Total allocated to the Jurisdictions $60,000.0 District of Columbia 36% $21,600.0 Use of Funds: Tivoli 2,500.0 2,500.0 0.0 Anacostia Demonstration 10,000.0 8,511.7 1,488.3 U Street/Adams Morgan Link 150.0 150.0 0.0 Navy Yard Design 500.0 497.4 2.6 Union Row /U Street 1,500.0 1,008.7 491.3 Yellow Line Extension 1,500.0 609.1 890.9 Navy Yard Improvements 4,900.0 4,412.2 487.8 View 14 /U Street & 14Th 500.0 0.0 500.0 21,550.0 17,689.0 3,861.0 Balance of DC Funds Available for Use: $50.0 Washington Metropolitan Area Transit Authority Transit Infrastructure Investment Fund (TIIF) Fiscal 2010 - November 2009 Dollars in Thousands

Funds Jurisdictional Approved Unexpended Received Allocation Uses Expenses Approved Uses Maryland 37% $22,200.0 Use of Funds: New Carrollton Parking 497.6 496.0 1.6 College Park Parking 9,514.7 9,512.2 2.5 Largo Parking 2,432.7 2,432.7 0.0 Largo Day Care Center 3,000.0 3,000.0 0.0 Takoma-Langley 6,744.3 734.4 6,009.9 22,189.3 16,175.3 6,014.0 Balance of Maryland Funds Available for Use: $10.7 Virginia 27% $16,200.0 Use of Funds: Huntington 8,082.8 8,082.8 0.0 West Falls Church 2,000.0 2,000.0 0.0 Royal Street Bus Garage 100.0 3.5 96.5 Ballston 1,032.2 750.0 282.1 Rosslyn Station Access Improve 798.1 455.3 342.9 Shirlington 2,500.0 1,961.4 538.6 Potomac Yard Station 1,500.0 136.7 1,363.3 16,013.0 13,389.7 2,623.3 Balance of Virginia Funds Available for Use: $187.0

Grand Total: $106,662.1 $106,662.1 $116,942.4 $97,855.3 $19,087.1 Washington Metropolitan Area Transit Authority (Metro) CFO - TRES - Grants Management

Grant Activity for the Month ending November 30, 2009

Grant Program Activity

$200.2 million awarded. $1.6 million to be requested for award for preventive maintenance (PM). PM will be funded additionallly from savings realized on approved ARRA grant projects. FTA Formula Grants for Capital Transit To meet heightened reporting requirements: Assistance and Fixed • Ad-hoc reports are being created upon the request of FTA for Guideway Infrastructure presentation at the FTA Quarterly meeting. Improvement ARRA • Monthly reporting to the House Committee on Transportation and Infrastructure has been completed according to the requests of Chairman Oberstar.

MTPD has begun interviewing and hiring ten new officers to replace Department of Homeland half of the 20 patrol officers that will form four anti-terrorism teams. Security Transit Security Funding for the anti-terrorism teams is for three years for up to $9.6 Grant million.

Applications for awards totaling $239.0 million will be submitted in Annual Formula Grants January 2010 following FTA concurrence with the TIP project for Sections 5309 and assignments on the grant in December and Metro signing of the 5307 FTA certifications and assurances in early January.

• Metro has begun drawing on Virginia 2009 CMAQ Grant award to fund 12 62-foot buses for $10.1 million. Congestion Mitigation & • Maryland 2009 CMAQ funds are being flexed from Federal Air Quality (CMAQ) FTA Highway Administration to FTA. Upon receipt, the grant application will be drafted for $16.4 million.

• Engineering services have proceeded to advance planning for the Royal Street Bus Garage Relocation to Cinder Bed Road as funded by the $0.5 million grant award. Federal Earmarks • Representative Moran has requested to the House Subcommittee on Transportation to allow use of the prior years earmarked grant awards to be used for $1.8 million of current bus facility needs.

Department of Homeland Projects to enhance security in the rail system through video Security Transit Security technology and explosives detection canine teams are beginning as Safety Grant funded by $24.3 million in grants. & Security District of Columbia Ten projects for $19.4 million in capital security improvements and Homeland Security & $2.3 million in operational emergency preparedness projects are Emergency Management beginning.