Chicago Transit Board
Financial Report
For The Month Ended July 31, 2006

September 13, 2006


FINANCIAL SUMMARY – CURRENT MONTH

 - Current operating deficit of $0.8 million with a 56.82% recovery ratio.

FINANCIAL SUMMARY – YEAR

 - YTD operating deficit of $0.1 million with a 53.00% recovery ratio.

OPERATING EXPENSES

- Current expenses equaled $85.0 million — $3.8 million over budget.

- YTD expenses equaled $639.2 million — $25.0 million over budget.

LABOR

- Current expenses equaled $63.0 million — $2.4 million over budget.

- YTD expenses equaled $445.7 million — $12.3 million over budget.

MATERIALS

- Current expenses equaled $6.3 million — $1.0 million over budget.

- YTD expenses equaled $44.0 million — $4.8 million over budget.

FUEL – REVENUE EQUIPMENT

- Current fuel expense equaled $5.0 million - $1.3 million over budget.

- FY2006 fuel expense equaled $31.0 million - $2.9 million over budget.

SYSTEM GENERATED REVENUE

- System-Generated Revenues equaled $45.5 million in July‘06.

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


LOOKING AHEAD

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

- Illinois Commerce Commission conducted its electricity auction in September, 
2006. The result will establish the ceiling for electricity generation prices for large 
electric users.

- CTA kicked of the 2007 budget process on August 15, 2006.