http://www.metrostlouis.org/Libraries/Annual_Financial_Reports/FY_2011_Comprehensive_Annual_Financial_Report.pdf
Now to sort through it.
I hope some Occupy Accountants and Financial Wizards will get on board soon.
The Table of Contents alone has supplied me with some information, and a quick glance at page 29.
Table of Contents:
Regional Statistics
Regional Population.........................................................................................................96
Regional Per Capita Personal Income
.............................................................................97
Regional Unemployment Rate
.........................................................................................98
Regional Top Businesses
................................................................................................99
General population statistics are sited, but nothing on their riders, or changes in their riders.
Page 29:
Metro shows increased ridership and boardings from 2005 through 2009 on their website.
Page 29 says "unemployment" has caused them to LOSE riders.
PROP A:
Missouri Sources
. Funding for Missouri projects comes from the City of St. Louis, St. Louis
County and the Missouri Department of Transportation (MoDOT). The City of St. Louis and
St. Louis County collect revenue from ½ cent and ¼ cent local sales taxes. Beginning this
fiscal year with the passage of Prop A, St. Louis County collects an additional ½ cent and the
City of St. Louis collects an additional ¼ cent. Both the City and the County appropriate all of
their receipts from the ¼ cent sales tax to Metro. The City of St. Louis appropriates virtually all
of its revenues from the ½ cent sales tax and Prop A to Metro. St. Louis County splits revenue
collected from the ½ cent sales tax between Metro and County road and bridge projects. They
also appropriated $39.5 mi
llion of the Prop A funds to Metro, of which $3 million was set aside
for future capital projects. Excluding Prop A, the County appropriated approximately $34.0
million and $34.8 million to Metro in FY 2011 and FY 2010, respectively. From FY 2002
through FY 2008, the County’s ½ cent sales-tax appropriation to Metro was indexed with the
Consumer Price Index. At least 2 percent of the appropriations to Metro from the ½ cent sales
tax must be used for transportation for developmentally disadvantaged persons. The balance
is usually required to fund Missouri operations. MoDOT provides Metro with limited operating
and FTA discretionary capital assistance.
Absolutely nothing going on with Metro in MO or IL:
http://www.fta.dot.gov/12304_14366.html
Statistics on boardings and fare box recovery, and miles/fleet/ etc. There are conclusions to be drawn from this that no one bothers to (or does not want to) make. They attribute the decline to "unemployment" and not reduced service. In 2011 service area decreased, according to a footnote, because of the cancellation of bus lines to Gray Summit, while rider demand increased.
METRO, IT IS OBVIOUS THAT YOUR STATISTICS NEED TO BE BASED ON YOUR TRANSIT RIDERS AND NOT GENERAL POPULATION STATISTICS.
Another very telling thing on this page is that they do not report the money they make from their business enterprises-- or how much of it goes to Metro. I hope it is in this report somewhere.
http://www.metrostlouis.org/Libraries/Annual_Financial_Reports/FY_2011_Comprehensive_Annual_Financial_Report.pdf
Page 10 - The years are 2009 2010 and 2011
Metro Transportation System
Service area square miles
449
579
558 *
Metro Bus
Fleet size – total vehicles
449
412
432
Passenger trips
32,679,788
24,256,126
26,215,139
Revenue miles
16,938,053
16,082,275
18,198,927
Farebox recovery
22.3%
20.7%
19.9%
Metro Link
Fleet size – total vehicles
87
87
87
Passenger trips
19,423,931
15,828,981
16,209,098
Revenue miles
3,398,923
2,913,199
3,147,407
Farebox recovery
28.5%
30.4%
27.8
Demand response
Fleet size – total vehicles
129
147
144
Passenger trips
665,137
545,606
568,419
Revenue miles
4,903,975
4,616,903
4,626,716
Farebox recovery
4.8%
4.2%
4.7Will be adding more, check back.Litigation is on page 29 of the report, page 50 of the PDF (all previous pages listed are the PDF page) Here is a nice pack of lies.
Metro is also the defendant in several lawsuits arising from matters other than workers
compensation and personal injury litigation. These matters principally relate to,
environmental cleanup, breach of contract, and
alleged violations of equal protection and
credit protection requirements. In the opi
nion of management, including its General
Counsel, the ultimate resolution of these matters is not likely to have a material effect of
the Metro’s financial position.On page 56 of the document, page 75 of the PDF, they contradict themselves (not the first time-- still sorting through the Prop A doublespeak before I post that)
In the ordinary course of business, a number of claims and lawsuits arise from individuals
seeking compensation for personal injury, death, and/or property damage resulting from
accidents occurring in the operation of the system. In addition, Metro has been named
as a defendant in a number of lawsuits relating to personnel and contractual matters.
Management does not believe that the outcome of these claims will have a material
adverse effect on Metro’s financial position. However, in the event of an unfavorable
outcome in one or more of these matters, the impact could be material to Metro’s
financial position or results of operations
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