1. Board Report | February 21, 2017
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2. Board Report | February 21, 2017
CHAIR REPORT

3. EXECUTIVE MANAGEMENT REPORT
February 21, 2017
Justin T. Augustine, III
Tornado – February 7, UPDATE
City Council Presentation – February 22, 2017
NBA All Star Game/Mardi Gras - UPDATE
New Business – CDM Smith Contract
DBE 4th Quarter Report

4. JANUARY 2017
FINANCIALS
February 21, 2017
Ronald G. Baptiste, Jr.

5. TOTAL OPERATING REVENUES
Month of January
Year-to-Date January
2016
BUDGET
ACTUAL
VARIANCE
OPERATING REVENUES
Passenger Revenue
$ 1,374,506
$ 1,419,833
$ ,327
$ 1,345,591
$ ,374,506
$ ,419,833
$ ,327
General Use Sales Tax
5,005,760
5,165,384
Hotel/Motel Sales Tax
422,731
427,589
State Motor Vehicle Sales Tax
534,810
425,757
Other Revenue
160,200
185,923
25,723
128,078
TOTAL OPERATING REVENUES
$ 7,498,007
$ 7,569,057
$ ,050
$ 7,492,399
$ ,498,007
$ ,569,057
$ ,050
Labor and Fringe Benefits
$ ,509
$ ,019
$ ,491
$ ,201
$ ,509
$ ,019
$ ,491
Services
6,668,292
6,711,499
(43,207)
5,817,683
Materials and Supplies
393,500
264,987
128,513
154,803
Utilities
139,697
132,774
6,923
103,534
Casualty & Liability
513,115
488,538
24,577
512,283
Taxes
39,066
37,571
1,495
28,858
Miscellaneous
14,016
4,134
9,882
5,252
$ 7,827,195
$ 7,656,522
$ ,673
$ 6,638,614
$ ,827,195
$ ,656,522
$ ,673
NET OPERATING REVENUE
$ (329,188)
$ (87,464)
$ ,724
$ ,786
$ (329,188)
$ (87,464)
$ ,724

6. (Before Operating Assistance) TOTAL MARITIME OPERATIONS
Month of January
Year-to-Date January
2016
BUDGET
ACTUAL
VARIANCE
TMSEL LEGACY COSTS
TMSEL Pension Costs $ $
$ ,333 $ $
TMSEL Health Benefit Costs
182,960
116,996
65,964
195,068
TMSEL Workers' Comp. Costs
71,250
18,171
53,079
154,181
TMSEL All Other Costs
70,823
66,694
4,129
46,915
$ ,033
$ ,861
$ ,172
$ ,497
$ ,033
$ ,861
$ ,172
NET REVENUE
$ (654,221)
$ (289,325)
$ ,896
$ ,289
$ (654,221)
$ (289,325)
$ ,896
(Before Operating Assistance)
MARITIME OPERATIONS
Passenger Fares
$ ,500
$ ,021
$ (45,479)
$ ,233
$ ,500
$ ,021
$ (45,479)
Services
(639,965)
(652,445)
12,480
(557,807)
Materials and Supplies
(57,823)
(25,365)
(32,458)
(16,908)
Other Operating Expenses
(108)
(65)
(43)
(66)
Grant Expenses
(77,626)
(5,864)
Preventive Maintenance
Grant Revenues
62,101
4,691
State Subsidy
560,921
586,380
25,458
466,721
TOTAL MARITIME OPERATIONS
$ (0)
$ (0) $
$ (0)

7. Month of January Year-to-Date January
Month of January
Year-to-Date January
2015
2016
BUDGET
ACTUAL
VARIANCE
GOVERNMENT OPERATING ASST.
Preventive Maintenance
$ ,381
$ 1,002,885
$ ,504
$ ,354
$ ,381
$ ,002,885
$ ,504
State Parish Transportation
156,402
184,036
Federal - Other
3,788
(3,788)
Other State Funds
3,313
TOTAL GOV'T. OPERATING ASST.
$ 1,115,571
$ 1,159,287
$ ,716
$ 1,077,703
$ ,115,571
$ ,159,287
$ ,716
NET REVENUE
$ ,350
$ ,962
$ ,612
$ 1,401,992
$ ,350
$ ,962
$ ,612
(after Government Operating Asst.)
GOV'T NON-OPERATING REV. (EXP.)
Federal - Capital
$ ,777
$ ,761
$ (381,016)
$ ,564
$ ,777
$ ,761
$ (381,016)
Local - Capital
740,050
(2,791)
(742,841)
243,801
Capital Expenditures
(1,339,827)
(269,284)
1,070,543
(313,038)
FEMA Insurance Reimbursement
FEMA Project Worksheets
3,342
FEMA Project Worksheet Expenditures
(3,342)
TOTAL GOV'T NON-OPER. REV. (EXP.) $
$ (53,314)
$ (53,314)
$ (10,672) $
$ (53,314)
TOTAL REVENUE (EXPENSE) BEFORE
$ ,647
$ ,297
$ 1,391,319
$ ,647
$ ,297
CAPITAL EXPENDITURES AND DEBT

8. Month of January Year-to-Date January
Month of January
Year-to-Date January
2016
BUDGET
ACTUAL
VARIANCE
CAPITAL EXPENDITURES
Interest Income - Capital (bonds)
$ ,000
$ ,205
$ ,205
$ ,600
$ ,000
$ ,205
$ ,205
Capital Interest Expense
(593,838)
(409,145)
184,693
(405,541)
Interest from Disaster Borrowing
(102,463)
(110,380)
TOTAL CAPITAL EXPENDITURES
$ (691,301)
$ (481,403)
$ ,898
$ (450,320)
$ (691,301)
$ (481,403)
$ ,898
PRINCIPAL ON LONG TERM DEBT
Principal on Long Term Debt
$ (548,882)
$ (0)
$ (531,169)
$ (548,882)
$ (0)
Principal on Disaster Borrowing
(178,538)
(170,621)
TOTAL PRINCIPAL ON L-TERM DEBT
$ (727,420) $
$ (701,789)
$ (727,420) $
OTHER FUNDING SOURCES
Restricted Operating / Capital Reserve
957,371
392,176
565,195
(239,210)
TOTAL OTHER FUNDING
$ ,371
$ ,176
$ ,195 $
$ ,371
$ ,176
$ ,195
NET OPERATING REVENUE $

9. Cleaner, Smarter Transit.
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