Performance-Based Budgeting for North Carolina Transit Systems
Institute for Transportation Research and Education, Public Transportation Group v
Table of Contents
EXECUTIVE SUMMARY.........................................................................................................................................1
INTRODUCTION...........................................................................................................................................................1
LITERATURE REVIEW ................................................................................................................................................1
CASE STUDIES.............................................................................................................................................................2
ANALYSIS OF THE PLANNING, ACCOUNTING, BUDGETING AND PERFORMANCE MEASUREMENT SYSTEMS
OF NC PUBLIC TRANSPORTATION SYSTEMS...........................................................................................................3
CONCLUSIONS.............................................................................................................................................................4
RECOMMENDED APPROACH.....................................................................................................................................5
INTRODUCTION........................................................................................................................................................7
LITERATURE REVIEW...........................................................................................................................................9
DEFINITION AND PURPOSE........................................................................................................................................9
BENEFITS................................................................................................................................................................... 10
GENERAL USAGE...................................................................................................................................................... 11
PERFORMANCE-BASED BUDGETING IN NORTH CAROLINA................................................................................ 12
PERFORMANCE-BASED BUDGETING METHODOLOGY......................................................................................... 14
KEY IMPLEMENTATION CONSIDERATIONS............................................................................................................ 18
CHALLENGES............................................................................................................................................................ 19
MISCONCEPTIONS..................................................................................................................................................... 20
CONCLUSIONS........................................................................................................................................................... 21
CASE STUDIES ..........................................................................................................................................................23
AC TRANSIT ............................................................................................................................................................. 24
CATAWBA COUNTY................................................................................................................................................. 33
CHARLOTTE/CHARLOTTE AREA TRANSIT SYSTEM (CATS)............................................................................... 36
CITY OF HICKORY.................................................................................................................................................... 46
TRIANGLE TRANSIT AUTHORITY (TTA)................................................................................................................ 55
ANALYSIS OF NC TRANSIT AGENCY GOAL-SETTING, PERFORMANCE MEASUREMENT,
BUDGETING AND ACCOUNTING SYSTEMS ...............................................................................................59
CONCLUSIONS .........................................................................................................................................................65
RECOMMENDED METHODOLOGY.................................................................................................................67
AGENCY MISSION AND VISION ............................................................................................................................... 67
STRATEGIC GOALS................................................................................................................................................... 68
BUDGET-YEAR OBJECTIVES................................................................................................................................... 69
STRATEGIES/PROGRAMS/ACTIONS........................................................................................................................ 70
BUDGET ..................................................................................................................................................................... 70
FINANCIAL/PERFORMANCE REPORTING AND EVALUATION............................................................................... 70
INTEGRATING PBB WITH THE NCDOT/PTD BUDGET APPLICATION PROCESS....................73
RURAL SYSTEM EXAMPLE...................................................................................................................................... 73
Our Process:.......................................................................................................................................................73
The Results:.........................................................................................................................................................74
URBAN SYSTEM EXAMPLE ..................................................................................................................................... 75
Our Process:.......................................................................................................................................................75
The Results:.........................................................................................................................................................76
REFERENCES............................................................................................................................................................79
APPENDIX: PROBLEM-SOLVING/DECISION-MAKING PROCESS ...................................................81