8H Consent Calendar 2017 1204 - Laserfiche WebLink

Home

File Number: 17-648 ridership will continue to trend upward. Budget The BID funds approximately one-half of the cost of the LINKS service. Grants make up the next largest funding source which requires the SLTMO to actively pursue grants on an on-going basis. The City of San Leandro contributes $50,000 annually under the current budget. Partnerships and advertising also generate a small amount of revenue. A summary of the FY 2017-19 LINKS budget is below. Exhibit C contains details regarding the LINKS budget since FY 2010-11. FY 2017-18 FY 2018-19 Budget Budget Revenue: BID $376,000 $387,000 Grants 265,443 265,000 City of San Leandro 50,000 50,000 Kaiser 513,000 513,000 Other 71,000 71,000 1,275,443 1,286,000 Expenses: LINKS Shuttle 580,000 590,000 Kaiser Shuttle 446,000 446,000 Consulting - Admin 62,000 62,000 Consulting - Survey 510,000 10,000 Advertising 5,000 5,000 Improvements/Nextbus 48,340 6,000 1,156,340 1,124,000 Net Income/(loss)$119,103 $162,000 Over the last year, the SLTMO applied for the following grants: ·Transportation Fund for Clean Air (TFCA) Grant - Received $79,905 (two-year grant) ·TFCA BAAQMD Grant - Determined not eligible ·Lifeline Cycle 3 Supplemental Grant - Received $265,443 (one-year grant) ·Measure BB Five Year Grant - Received $1.02M (five-year grant) The first-year funding for the Measure BB grant was later eliminated as a result of receiving the $265,443 Lifeline Grant allocation. But overall, the Measure BB grant stabilized the LINKS funding for the next five years adding significant financial security to the shuttle program. Grant funds are unpredictable and, because they are drawn on a reimbursement basis, create cash flow issues that make it necessary to have a strong reserve balance at all times. The SLTMO, which manages the LINKS, also manages an agreement with Kaiser Permanente to Page 3 City of San Leandro Printed on 11/28/2017 196