Chicago Transit Board
Financial Report
For The Month Ended June 30, 2006

August 9, 2006


FINANCIAL SUMMARY – CURRENT MONTH

 - Current operating deficit of $10.3 million with a 49.77% recovery ratio.

FINANCIAL SUMMARY – YEAR

 - YTD operating surplus of $0.7 million with a 52.42% recovery ratio.

OPERATING EXPENSES

- Current expenses equaled $104.0 million — $15.1 million over budget.

- YTD expenses equaled $554.2 million — $21.2 million over budget.

LABOR

- Current expenses equaled $74.7 million — $12.3 million over budget.

- YTD expenses equaled $382.7 million — $9.9 million over budget.

MATERIALS

- Current expenses equaled $7.0 million — $1.2 million over budget.

- YTD expenses equaled $37.7 million — $3.8 million over budget.

FUEL – REVENUE EQUIPMENT

- Current fuel expense equaled $5.0 million - $0.9 million over budget.

- FY2006 fuel expense equaled $26.0 million - $1.7 million over budget.

SYSTEM GENERATED REVENUE

- System-Generated Revenues equaled $49.0 million in June‘06.

- Strong Fare/Pass Revenue reflects ridership and cash fare adjustment and ridership.


FARE/PASS REVENUE

- Fare/Pass Revenue of $40.9 million — 11.5%  or $4.2 million higher than budget.

- YTD Fare/Pass Revenue of $226.9 million — 9.8%  or $20.2 million higher than budget.

OTHER REVENUE

- Current Other Revenue of $8.1million — 6.6%  or $0.5 million higher than budget.

- YTD Other Revenue of $46.5 million — 3.6%  or $1.6 million higher than budget.

LOOKING AHEAD

 - YTD Capital obligations and expenditures were $227.1 million and $268.7 million, respectively.

- Non-STO full time employees remained below Board approved level.