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LYNX FY2014 Budget Presentation

LYNX FY2014 Budget Presentation. Orange County Board of County Commissioners. John M. Lewis, Jr. LYNX Chief Executive Officer July 16, 2013. FY2014 Operating Budget Guidelines. FY2014 Funding based on LYNX Adopted Funding Model Maintain standard Preventative Maintenance funding level

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LYNX FY2014 Budget Presentation

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  1. LYNX FY2014BudgetPresentation OrangeCounty Board of County Commissioners John M. Lewis, Jr. LYNX Chief Executive Officer July 16, 2013

  2. FY2014OperatingBudget Guidelines FY2014 Funding based on LYNX Adopted Funding Model Maintain standard Preventative Maintenance funding level Maximize current service levels through efficiencies Apply additional NeighborLink services, where appropriate Assess impacts of legislative changes to Medicaid (?) Maximize utilization of JARC/NFP funds New Group Health Insurance Program Impact of year two Union wage re-opener (?) Impact of pension reform (?) Continuation of Fuel Hedging Program Continued application of reductions based on LYNX ownership of paratransit vehicles

  3. FY2014 Operating Budget Overview

  4. Operating Budget - Revenue $124,796,817

  5. Operating Budget - Expense $124,796,817

  6. FY2014 Operating Revenue

  7. FY2014 Operating Expenses

  8. FY2014 Preliminary Operating Expenses

  9. FY2013 Preliminary Operating Expenses by Jurisdiction

  10. Orange County Funding Trend

  11. FEDERAL PREVENTATIVE MAINTENANCE FUNDING TRENDS

  12. Current Challenges • System Efficiency (COA) • Union Negotiations • Medicaid Reform

  13. LYNX ANNUAL RIDERSHIP

  14. Action Items • Implementation of COA recommendations • Reallocation of JARC/NFP to current service • Final approval of LYNX Budget by the LYNX Board

  15. FY2014Orange County Proposed Funding Request • FY2014 Request - $37,321,213

  16. Thank You!

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