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<br /> Attachment 5, Exhibit 2
<br /> FY14 Draft Budget - Durham/Grange Bus and Rail Investiment, Plan
<br /> FY 14 Forecast
<br /> Orange Durham, Total
<br /> Revenue;
<br /> .......................................... FY14
<br /> Fcst based an FY1 3 yr end estimate 4%
<br /> 1/2 Cent Sales Tax 6,283,6201 21,730,640 28,0114,259 Increase In Orange;3%In Durbam
<br /> ...m .. JuTy-1,20 13-June.30,2014);90—%,
<br /> of total collections-1$4.5M
<br /> Orange-M.1%;Durham-2.0.78 based an 2012
<br /> ce'-s data;FY14 assumed at 2%growth over
<br /> Rental Tax 456,375, 9,35,,343 1,391,719 FY13 yr end esUrnote
<br /> .......... ...........
<br /> (HMtXqA Wober 1,2013-June 30,2014);
<br /> FY14 ossmood at 2A groveth in Orange and
<br /> $7 County RegistratiGn Tax 577,071 1,139,764 1,716,835 2.5%m Durham over FY1 3 y'ear'end estimate
<br /> $3 Regional Registration,Tax increase 6 0 Pending legislative action
<br /> —---—-----------------------------------------------------
<br /> Grants/Other 0 0 0
<br /> ----—----------
<br /> Total C(ALections 1,317,066 23,805,747 31,122,813
<br /> Ajorin,Casts (75,000) (75,000 (150,000)
<br /> Operating and capital reserve(50%of saies
<br /> Reserve (3,193,482) (10,969,075) (14,162,557) tax;5%of regMration and rental taxp
<br /> W,'NO ME ORION Z"'NNW'
<br /> 736,250 673,180 11,409,430 Per County plans
<br /> —----------------
<br /> Expensec
<br /> Pro-rated based on We date Includes benefits
<br /> Personnel^ 169,266 568,276 737,542 and employee rellated e)qwnses
<br /> ConsuttanW 3,206,115 10,763,885 13,970,000
<br /> Cann-Kinkations Outreacb(Bus) 20,000 20,000
<br /> Capital daklars are remaining local costs after
<br /> Capital 25,000 97,000 122,000 grants
<br /> Transit Services
<br /> Per Orange Plan OPT Is 12%of Orange revenue
<br /> Orange Pubtic Transit(OPT) 88,350 88,350 ayaRaWo for bus
<br /> Per Orange plan CHT Is 64"6 of Orange revonoe
<br /> Chapel 1111ITramft(01T) 471,200 471,200 for bus
<br /> Durham county 33,658 33,658
<br /> Durharn Area Transit Authority(DATA) 451,300 451,300
<br /> Per(1-angL Plan TTA is 24%of Orange
<br /> Trionoe Trafl$ftr AothOtky(TTA) 176,700 118,620 295,320 revenue avallabte for bus
<br /> Total Bus Svc Expenses: 736,2 50 603,578 11)39,828
<br /> Bus Revenue AvaNaNe 73(8,250 VIAQ 1.109A34,
<br /> Remaining a 69,602 69,602
<br /> Total Expenims(incl Admin cwt4--........................ -21,I",,6,3"I 1-2,"l—27,73,9'—1
<br /> 9 0
<br /> t
<br /> Total Revenue 2,31Z_06 31 22 8 3
<br /> 22 8 31
<br /> $3, !�
<br /> Balance.Remaining 3,105,435 11,678,009 14,783,�4441
<br /> Remaining(unre5med) (88,047) 708,933 620'a86
<br /> Reserve(Operating and Capital) _3j 123A82 10x969.075 14.162 557
<br /> 3 105 435 111 678,0CD9 14,7834 44
<br /> Ught Rall expenses spilt by cattnty:
<br /> Durham 77,05%
<br /> GranSp 22.95%
<br />
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