1	Transportation and Parking Committee February 16, 2011
2	Revisions 2010/2011 Revenue down in citation fees, permit fees and hourly garage and meter fees. The net impact is 7% or approximately $345K. Operational expenditures will be reduced to match the decrease in revenue. Expenditures for fuel will be $100K over original budget. Access and Revenue control equipment will be upgraded in three facilities by the end of the year (EIG, Culbreth and CGG). Required asphalt and structural repairs will begin this year.
3	2011/2012 Assumptions Sales trends will remain relatively flat with slight upturns because of Fontaine, collections, and charter business. CAT reciprocal ridership will continue in 2011/2012. Thursday night extended late night bus service will continue in 2011/2012 and will be paid for with P&T’s resources. Fuel prices will continue to rise. Budget guidance dictated a 3% increase in personal services. Asphalt and structural repairs will be more extensive in 2011/2012. UTS bus fleet is under-sized for requirements.
4	Permit fees $16/month permits were last increased on June 1, 2007 $39/month and $49/month permits were last raised on June 1, 2008 Medical Center is planning a $5 increase (from $80 to $85); last increase was June 1, 2010
5	Asphalt and Structural Repair Prioritizing asphalt repair throughout Grounds and implementing a 5 year plan Parking garage maintenance; primarily associated with water infiltration. Water infiltration products last 7-12 years. Structural repairs will be $700K-800K/year for the seven parking garages in the P&T budget.
6	Bus Fleet Expansion Buses cost $330K each (today’s dollars) P&T will expand fleet by 5 buses over four years to meet expanding needs. Replacement schedule will shift from 15 years to 12 years over the next 10 years.
7	10-year Outlook Flatter acceleration of fees than previously assumed. Constructions impacts: Battle Building Whitehead Road landscape Drama Expansion Bayly CAS II Curry Expansion