San Francisco Municipal Transportation Agency
Return to FY2011 and FY2012 Budget
| Subobject | Subobject Title | 2009-2010 Amended Budget | 2009-2010 Unaudited Actual Results (As of 9/22/10) | 2010-2011 Board Adopted Budget | 2011-2012 Board Adopted Budget | 2010-2011 Compared to 2009-2010 Amended Budget Increase/(Decrease) | 2011-2012 Compared to 2010-2011 Board Adopted Budget Increase/(Decrease) |
|---|---|---|---|---|---|---|---|
| Sub-Fund: 5XOPFAAA OFF-STREET PARKING OPERATING-NON PROJ | |||||||
| 30120 | INTEREST EARNED-FISCAL AGENT ACCOUNT | 0 | 15,392 | 0 | 0 | 0 | 0 |
| This line item represents FY 2010 year-end entries for interest revenues earned from Parking Meter Revenue Bonds and other Bond activities. | |||||||
| 30150 | INTEREST EARNED - POOLED CASH | 1,275,000 | 235,884 | 637,500 | 650,000 | (637,500) | 12,500 |
| This line item records interest earned from City’s Treasurer pooled funds on cash balances. | |||||||
| 30199 | INTEREST EARNED ADJUSTMENT | 0 | 12,289 | 0 | 0 | 0 | 0 |
| This is an interest earning adjustment. | |||||||
| 35212 | LOMBARD GARAGE | 342,480 | 158,770 | 349,795 | 353,292 | 7,315 | 3,497 |
| Lombard Garage is a SFMTA owned parking facility. In FY 2011, the SFMTA has changed the way it budgets its garage revenue to fulfill certain accounting requirements. Instead of budgeting the net revenue after the expense, gross revenue is budgeted and garage expense is added on the expenditure budget side to reflect the actual cash flow. The revenue projections have taken into consideration factors such as continued economic trend, parking rate adjustment, elimination of free parking for employees, and cost-cutting strategies implemented in the 4th quarter of FY 2010 and into FY 2011 and FY 2012. | |||||||
| 35215 | PERFORMING ARTS GARAGE | 1,072,487 | 844,304 | 1,867,370 | 1,890,603 | 794,883 | 23,233 |
| Performing Arts Garage is a SFMTA owned parking facility. In FY 2011, the SFMTA has changed the way it budgets its garage revenue to fulfill certain accounting requirements. Instead of budgeting the net revenue after the expense, gross revenue is budgeted and garage expense is added on the expenditure budget side to reflect the actual cash flow. The revenue projections have taken into consideration factors such as continued economic trend, parking rate adjustment, elimination of free parking for employees, and cost-cutting strategies implemented in the 4th quarter of FY 2010 and into FY 2011 and FY 2012. | |||||||
| 35216 | POLK-BUSH GARAGE | 205,467 | 61,659 | 458,739 | 463,325 | 253,272 | 4,586 |
| Polk Bush Garage is a SFMTA owned parking facility. In FY 2011, the SFMTA has changed the way it budgets its garage revenue to fulfill certain accounting requirements. Instead of budgeting the net revenue after the expense, gross revenue is budgeted and garage expense is added on the expenditure budget side to reflect the actual cash flow. The revenue projections have taken into consideration factors such as continued economic trend, parking rate adjustment, elimination of free parking for employees, and cost-cutting strategies implemented in the 4th quarter of FY 2010 and into FY 2011 and FY 2012. | |||||||
| 35217 | SEVENTH & HARRISON LOT | 109,386 | 155,279 | 310,596 | 313,701 | 201,210 | 3,105 |
| Seventh & Harrison (parking) Lot is owned by Caltrans but is leased to the City. In FY 2011, the SFMTA has changed the way it budgets its garage revenue to fulfill certain accounting requirements. Instead of budgeting the net revenue after the expense, gross revenue is budgeted and garage expense is added on the expenditure budget side to reflect the actual cash flow. The revenue projections have taken into consideration factors such as continued economic trend, parking rate adjustment, elimination of free parking for employees, and cost- cutting strategies implemented in the 4th quarter of FY 2010 and into FY 2011 and FY 2012. | |||||||
| 35218 | ST. MARY'S GARAGE | 1,143,727 | 1,164,882 | 2,630,064 | 2,656,365 | 1,486,337 | 26,301 |
| St. Mary's Square garage is jointly owned by the Recreation and Park Department and the SFMTA. Revenue generated at this location is split 50:50 between the two departments. In FY 2011, the SFMTA has changed the way it budgets its garage revenue to fulfill certain accounting requirements. Instead of budgeting the net revenue after the expense, gross revenue is budgeted and garage expense is added on the expenditure budget side to reflect the actual cash flow. The revenue projections have taken into consideration factors such as continued economic trend, parking rate adjustment, elimination of free parking for employees, and cost-cutting strategies implemented in the 4th quarter of FY 2010 and into FY 2011 and FY | |||||||