2024 Preliminary Budget
EMERY GO-ROUND
Revenue
PBID Revenue
PBID Revenue
District Related Costs
NetPBID
Non-PBID Revenue
City of Emeryville - General Benefit Contribution
City of Emeryville - Emery Go Round Bus Yard (CIP)
ETMA Billed Revenue
BGTMA Revenue
Emery Express Revenue
Misc. Revenue (interest income, etc.)
Subtotal Non-PBID Revenues
Total Revenue
Expenditures
Direct Costs
Bus Leases/Purchases
Bus Maintenance
Operations Contract
Fuel
Communications
Indirect costs
Professional Services
Costs
Occupancy (Facilities related expenses)
Membership & Public Outreach Materials
Pilot Projects and Research
TMA Insurance
Conferences, Meetinqs, Office Expenses
Subtotal Indirect Costs
Contingency
Subtotal Other Costs
TOTAL BUDGET /EXPENSES
Estimated Balance
11:'!!!lll'!!llo..,,.a li:■■--5-• {-,n-,-,\
Projected Cash Balance on Dec 31, 2023
2024 Projected Balance
Total Projected Cash Balance on Dec 31, 2024
15% Operating Reserve (per ETMA Policy)
Total Available Cash Balance on December 31, 2023
Based on 10% Operatino Expense Increase from 2023
Anticipated
Revenue
(0% Increase)
4,473,627
(100,552)
4,373,075
639,891
-
112,000
43,366
58,055
1,920
855232
5,228,307
Estimated
Expenditures
500,000
242,000
2,738,806
135 000
5,206,596
21,711
0% Increase
$ 4,615,918
$ 2l,7ll
$ 4,637,629
$ 780,989
$ 3,856,639
2024
Anticipated Anticipated
Revenue Revenue
(3% Increase) (5% Increase)
4,607,835 4,697,308
(102,833) (104,354)
4,505,002 4,592,954
639,891 639,891
- -
115,360 117,600
43,366 43,366
58,055 58,055
1,920 1,920
858,592 860,832
5,363,594 5,453,786
156,998 247,190
3% Increase 5% Increase
$ 4,615,918 $ 4,615,918
$ 156,998 $ 247,190
$ 4,772,916 $ 4,863,107
$ 780,989 $ 780,989
$ 3,991,927 $ 4,082,118
Notes
1.7% of assessment to County Assessor+ $24,500 to City for legal and administrative fees.
Assumed 12.29% of Total Budget.
Revenue derived from 15% Indirect Cost Markup. Does not include passthrough operations expenses
Revenue derived from 20% Indirect Cost Markup. Does not include passthrough operations expenses
Assume level of service remains as is in 2023.
Est. Variable Costs: 33709 driver hours @ $66.02/hour = $2,225,573 Est. Fixed Cost: $513,232 for management and overhead
Annual fees for real-time tracking system, driver radios & automated passenoer counter's.
Route uides bus sto si n re lacements rider alert ostin s etc.
Includes all management, accounting, website & legal service contracts.
Site lease, on-site security, video monitoring, utilites, yard maintenance expenses.
Annual Report, Annual Membership Meeting Invitations & Rider Satisfaction Survey.
Allowance for implementation of new transit enhancements.
Commercial, Directors & Officers, Excess Liability & Property Coverage.
Shuttle Operations Workshop, office equipment and expenses, etc.