Notes
Slide Show
Outline
1
 
2
February vs. July Plans
Closing Cash Balances
Before Gap Closing and Other Actions
($ in millions)
3
Three Main Drivers
for Baseline Net Improvement
from February Plan to July Plan
($ in millions)
4
Non-Recurring Portion of the 2005 Surplus
 ($ in millions)
5
July Financial Plan
Closing Cash Balance After Gap Closing and Other Actions*
($ in millions)
6
Update of Non-Recurring Funds
 ($ in millions)
7
2005 Monthly Real Estate
Transaction Tax Receipts*
8
November Financial Plan
Reasons for Baseline Net Improvements
($ in millions)
9
Recommendations
for the Non-Recurring $700 million
  • Address Needs in MTA Capital Security Program ($100 million)


  • Provide Agency Service Enhancements
  •     ($50 million)


  • Provide Half Fare Initiative and Holiday Promotions ($50 million in 2005 / $50 million in 2006)


  • Reduce Unfunded Pension Liabilities
  •     ($450 million)
10
 November Financial Plan
With Policy and Gap Closing Actions ($ in millions)
11
November Financial Plan
Closing Cash Balance After Policy and Gap Closing Actions*
($ in millions)