Toronto Transit Commission Category 47 2015 OPERATING BUDGET OVERVIEW 3
OPERATING PROGRAM SUMMARY Contents Overview I: 2015–2017 Service Overview and Plan 7 II: 2015 Budget by Service 12 III: Issues for Discussion 36 Appendices: 1. 2014 Performance 44 2. Operating Budget by Expense Category 47 Toronto Transit Commission 3. 2015 Organization Chart 48 2015 OPERATING BUDGET OVERVIEW TTC expects that its Conventional service will provide transit to 545 4. Summary of 2015 Service million riders with service that spans 238.5 million kilometres and 9 Changes N/A million hours in 2015. Wheel-Trans provides door-to-door 5. Summary of 2015 New & accessible transit service to 3.2 million riders with physical Enhanced Service Priorities 50 disabilities. 6. Inflows/Outflows to/from 2015 Budget Highlights Reserves & Reserve Funds 51 The total cost to deliver Conventional and Wheel-Trans transit to 7. 2015 User Fee Rate Toronto residents and visitors in 2015 is $1.694 billion and $115.313 Changes N/A million respectively, as shown below. TTC Conventional 2014 2015 Change (in $000's) Approved Budget $ % Gross Expenditures 1,606,683.6 1,693,820.3 87,136.7 5.4% Gross Revenues 1,166,602.6 1,220,089.5 53,486.9 4.6% Net Expenditures 440,081.0 473,730.8 33,649.8 7.6% Wheel-Trans 2014 2015 Change (in $000's) Approved Budget $ % Gross Expenditures 112,561.9 115,313.1 2,751.2 2.4% Gross Revenues 5,738.8 6,514.3 775.5 13.5% Net Expenditures 106,823.1 108,798.8 1,975.7 1.8% The 2015 Budget increases funds by $89.888 million gross ($35.626 million net) to accommodate increased ridership and expand transit services, including providing relief to families by eliminating the Child Fare (ages 12 and under), and introducing a 10 cent fare increase that will fund new and enhanced service priorities.
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