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LYNX FY2015 Budget Presentation

LYNX FY2015 Budget Presentation. Orange County Board of County Commissioners. John M. Lewis, Jr. LYNX Chief Executive Officer July 15, 2014. FY2015 Operating Budget Guidelines. FY2015 funding based on LYNX Adopted Funding Model Maintain standard Preventative Maintenance funding level

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LYNX FY2015 Budget Presentation

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  1. LYNX FY2015BudgetPresentation OrangeCounty Board of County Commissioners John M. Lewis, Jr. LYNX Chief Executive Officer July 15, 2014

  2. FY2015OperatingBudget Guidelines FY2015 funding based on LYNX Adopted Funding Model Maintain standard Preventative Maintenance funding level Maximize current service levels through efficiencies Apply additional NeighborLink service, where appropriate Continuation of fuel hedging program Impacts of group health insurance program increases FY2015 will have a Union contract wage re-opener Assess impacts of legislative changes to Medicaid Continued application of reductions based on LYNX ownership of paratransit vehicles

  3. FY2015 Operating Budget Overview

  4. Operating Budget – Preliminary FY2015 Revenue $126,147,045

  5. Operating Budget – Preliminary FY2015 Expense $126,147,045

  6. FY2015 Operating Revenue

  7. FY2015 Operating Expenses

  8. Current Challenges • Union Negotiations • Health Care Cost • Medicaid Reform

  9. LYNX Annual Ridership

  10. Data for Key Performance Indicators (KPI) – FY2012

  11. Data for Key Performance Indicators (KPI) – FY2012

  12. Additional Capital Contributionsin FY2014 • $250,000 Pine Hills Super Stop • $250,000 Other Capital Expenditures

  13. Orange County Funding Trend

  14. FY2015Orange County Proposed Funding Request • FY2015 Funding Model $41,970,473 • Less: Excess Pension Contributions (958,080) • Less: Prepaid (Meadow Woods) (132,903) • FY2015 Request $40,879,490

  15. Action Items • Final approval of LYNX Budget by the LYNX Board

  16. Thank You!

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