laredo bridge system

Laredo Bridge SystemLaredo Bridge SystemBudget PresentationBudget Presentation

FY 2009-2010FY 2009-2010

Budget HighlightsFY 08-09• $6 million shortfall of revenues, 13%• Reduced operating budget - $6 million• Meet 15% required fund balance, $1.7 millionFY 09-10• Revenues and expenditures are similar to FY08-09

– Deleted $6m from proposed budget

• Deleted 11 positions, unfunded 17 positions • Meet 15% required fund balance of $1.8 million• No rate increase proposed

REVENUECOMPARISONS

Estimated Revenue FY08-09

BudgetFY08-09

EstimatedFY08-09

$46,564,504

-13 %

$40,511,119

-$6,053,485

Proposed Revenue FY09-10

EstimatedFY08-09

ProposedFY09-10

$40,511,119

+.00 %

$40,510,627

-$492

$33,069,032

$39,101,761

+18.2%

FY 04-05 FY 05-06

Decrease in Pedestrian & Non-Comm.

50¢ Increase Non-Com & Increase Com. Traffic

5 Year Revenue Comparison

FY 06-07

$38,051,562

- 2.7 %

FY 07-08

$45,576,258

+19.8%

$1.00 Increase Comm. & .40¢ Increase AVI toll rate

Decrease in Non-Comm & Commercial

EstimatedFY 08-09

Proposed

$40,511,119

- 13 % +0%

$40,510,627

FY 09-10

Decrease in Non-Comm & Commercial

TRAFFICTRAFFICCOMPARISONSCOMPARISONS

Yearly Commercial Traffic

1,662,5491,608,566

-3.2%

1,699,732

- 2%

FY 05-06 FY 06-07

-14 %

FY 08-09 Estimated

-37,183

-53,983

F`Y 09-10 ProposedFY 07-08

1,384,975 1,384,975

-223,591

Border City Commercial Traffic Comparison

As of May 31, 2009

Del Rio Eagle Pass Brownsville Pharr

- 24.3%

- 11.4%

- 15.2% - 13.9%

Laredo

- 18.6%

+ .28%

McAllen

23,887

916,553

274,611

193,265

53,888

33,428

- 18.4%

132,023

El Paso

Yearly Non-Commercial Traffic 6,075,453

5,718,799

- 6%

FY 06-07 FY 07-08

- 3.1%

5,539,281

-355,654

FY 05-06

-179,518

FY 08-09Estimated

5,018,589

-520,692

FY09-10Proposed

- 9.4%

5,018,589

Border City Non-Commercial Traffic Comparison

As of May 31, 2009

McAllenBrownsville Laredo

3,024,607

2,617,840

3,407,780

1,799,328

1,074,171

2,395,190

Eagle PassDel Rio Pharr

996,636

El Paso

-14.8%

-13.6%

-9.4%

-3.7%

-9.4%

-7.48%-5.1%

4,137,5434,161,523

4,362,476

FY 06-07

+ .60%

FY 05-06 FY 07-08

+4.8

+23,980

200,953

FY 08-09Estimated

4,157,440

- 4.7%

-205,036

Yearly Pedestrian Traffic

FY 09-10Proposed

4,157,440

Border City Pedestrian Traffic Comparison

As of May 31, 2009

Eagle Pass Brownsville Laredo McAllen

-4.7% -4.6%-5.2%

10.8%-7.1%

Del RioEl Paso

-.31%

40,3231,248,915

2,814,147

1,070,673

451,9603,430,866

Santa Ursula Connector

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Thank You. Mario MaldonadoBridge Manager