Los Angeles County Metropolitan Transportation Authority adopted budget FY2008 July 1, 2007 – June 30, 2008 ______________________________________________ FY08 Budget Los Angeles County Metropolitan Transportation Authority Office of Management and Budget One Gateway Plaza Los Angeles, CA 90012-2952 Los Angeles County Metropolitan Transportation Authority FY08 Budget Table of Contents I. Description of Metro and Strategic Plan Message from the Chief Executive Officer............................................................................. I-1 FY08 Los Angeles County Metropolitan Transportation Authority Organization Chart...... I-3 Metro Board of Directors........................................................................................................I-4 Metro Profile ........................................................................................................................... I-9 Strategic Planning Process Update ...................................................................................... I-11 Strategic Plan FY08............................................................................................................... I-12 Practicing Leadership Model ................................................................................................ I-17 Key Performance Indicators and the Agency Scorecard...................................................... I-18 II. Budget Highlights About the Budget ...................................................................................................................II-1 FY08 Budget Highlights and Major Budget Assumptions...................................................II-4 Summary of Funding by Source ...........................................................................................II-6 Enterprise Fund Summary of Revenues and Expenses........................................................II-9 Governmental Funds Summary of Revenues and Expenditures.......................................II-10 Financial Structure Comparison to Organizational Structure ...........................................II-11 III. Customer Services Customer Services ............................................................................................................... III-1 Metro Bus............................................................................................................................. III-6 Metro Rail........................................................................................................................... III-10 Transportation Services ..................................................................................................... III-13 What Our Passengers Think ............................................................................................. III-17 IV. Financial Details By Fund Business-Type Activities .......................................................................................................IV-1 Service Levels ........................................................................................................................IV-2 Fare Revenue.........................................................................................................................IV-3 Enterprise Fund by Mode .....................................................................................................IV-4 Capital Program ....................................................................................................................IV-6 Debt Program........................................................................................................................IV-7 Governmental Activities .....................................................................................................IV-11 Special Revenue Fund ........................................................................................................IV-12 Regional Programs..............................................................................................................IV-18 Regional Programs Descriptions........................................................................................IV-20 General Fund ......................................................................................................................IV-22 Fund Balances.....................................................................................................................IV-24 V. Capital Program Program Description .............................................................................................................V-1 Major Construction Projects.................................................................................................. V-1 Infrastructure Improvement and Acquisition Capital Projects............................................ V-4 Capital Projects List ............................................................................................................... V-5 Capital Programs – Expenditures by Element ...................................................................... V-9 Gold Line Eastside Extension Project.................................................................................. V-10 Mid-City Exposition Light Rail Transit Project ................................................................... V-18 Capital Project Operating Impact Assessment ................................................................... V-21 FY08-12 Capital Projects with Potential Operating Cost Impacts...................................... V-22 Metro FY08 Budget Table of Contents • i Los Angeles County Metropolitan Transportation Authority FY08 Budget VI. Strategic Business Units Metro Summary Description................................................................................................VI-1 Metro Bus Operations...........................................................................................................VI-5 Metro Rail Operations.........................................................................................................VI-12 Countywide Planning and Development ...........................................................................VI-16 Construction Project Management ....................................................................................VI-21 Communications ................................................................................................................VI-26 Economic Development......................................................................................................VI-33 Administrative Services ......................................................................................................VI-37 Financial Services ...............................................................................................................VI-47 Management Audit Services...............................................................................................VI-55 Board of Directors...............................................................................................................VI-60 Office of the Chief Executive Officer..................................................................................VI-64 VII. Appendix Appendix 1: Metro Budget Process ................................................................................. VII-1 Appendix 2: Financial Stability Policy Development ...................................................... VII-7 Appendix 3: Financial Stability Policy ............................................................................. VII-9 Appendix 4: FY08 Debt Service Schedule ..................................................................... VII-18 Appendix 5: Revenue Detail – FY08 Budget ................................................................. VII-23 Appendix 6: Summary of Revenues and Carryover by Source..................................... VII-32 Appendix 7: Propositions A & C, and TDA Administration......................................... VII-34 Appendix 8: Activity Based Bus Cost Model ................................................................. VII-36 Appendix 9: Activity Based Orange Line Cost Model ................................................... VII-38 Appendix 10: Activity Based Blue Line Cost Model........................................................ VII-39 Appendix 11: Activity Based Green Line Cost Model ..................................................... VII-40 Appendix 12: Activity Based Gold Line Cost Model ....................................................... VII-41 Appendix 13: Activity Based Heavy Rail Cost Model...................................................... VII-42 Appendix 14: FY08 Bus Operating Statistics .................................................................. VII-44 Appendix 15: Modal Operating Statistics........................................................................ VII-48 Appendix 16: Advanced Technology Vehicle Consortium ............................................. VII-53 Appendix 17: Public Transportation Services Corporation ............................................ VII-54 Appendix 18: Agency Funds............................................................................................ VII-56 Appendix 19: Exposition Metro Line Construction Authority........................................ VII-58 Appendix 20: Service Authority for Freeway Emergencies............................................. VII-60 Appendix 21: Metro's Clientele ......................................................................................