TEXAS TRANSPORTATION COMMISSION TRANSPORTATION COMMISSION ... The Central Texas Turnpike System ... TxDOT selected Xerox State and Local Solutions, Inc. to …

TEXAS TRANSPORTATION COMMISSION

TRAVIS and WILLIAMSON Counties MINUTE ORDER Page 1 of 1

AUSTIN Districts

Transportation Code, Chapter 22$ and other applicable law authorizes the Texas TransportationCommission (commission) to issue toll revenue bonds, bond anticipation notes, and other obligations tofinance turnpike projects on the state highway system, and to enter into trust agreements and indentures oftrust governing matters relating to the issuance of such obligations.

The commission has previously isstied bonds and obligations, with approximately$2,149,548,463 outstanding, to finance or refinance a portion of the costs of the Central Texas TurnpikeSystem (system), pursuant to an Indenture of Trust and seven supplemental indentures. The Indenture ofTrust dated July 15, 2002 (Indenture), prescribes the terms, provisions and covenants related to theissuance of turnpike revenue bonds and obligations to finance a portion of the costs of the system.

Section 501(c) of the Indenture covenants that for the first five full years of operation of thesystem, the commission will provide to the Trustee a report showing the traffic and revenue of the systemfor the previous quarter.

Pursuant to Minute Order 111081, dated September 27, 2007, the system was declaredSubstantially Complete as defined within the Indenture.

A report of actual traffic and revenue, attached as Exhibit A, has been prepared consistent withthe reports previously filed pursuant to Section 50 1(c) of the Indenture of Trust.

IT IS THEREFORE ORDERED by the commission that the report of actual traffic and revenueattached as Exhibit A is accepted.

Seweaby/

_______

Director, Toll Operations Division Executive Di ector

c39Jp\j cjMinute Date

Number Passed

Texas Department of Transportation 1

DRAFT

2015 December 2013 – February 2014 September 2014 – August 2015


TABLE OF CONTENTS

Notes on Data Collection and Analysis 3

Signif icant Events 4

CTTS Executive Summary 5

Revenue Comparison 6

Transaction Comparison 7

Average Weekday Transactions Comparison 8

Transactions by Type 9

Loop 1 10





State Highway 45N 15





State Highway 130 20





State Highway 45SE 25





Active Accounts and TxTags 30

CTTS Map 32

Additional Information 33


Notes on Data Collection and Analysis

The Central Texas Turnpike System (CTTS) Fiscal Year to Date 2015 Report is a comparison of traffic counts,

revenue projections and collections, and traffic forecasts.

Information for this report was collected from records generated through the roadway Toll Management System

(TMS) and the TxTag Customer Service Center (CSC) database.

Traffic and revenue projections used in this report are based on the traffic and revenue projections documented in

the 2014 CTTS Traffic and Revenue Forecast dated December 30, 2014, and have been seasonally adjusted to

better represent the month-to-month trends established over recent years.

All revenue projections are based on the assumed shares of transactions by payment method and adjusted to

reflect anticipated losses due to uncollectable transactions assumed at the time the 2014 forecasts were

prepared.

Projections provided for Average Weekday Transactions (AWT) are inclusive of all transactions.

Seasonal impacts, such as holidays and the number of weekdays in each month, have an impact on month-to-

month changes in revenue and transactions.

Transaction counts and revenue are derived from different systems, and it is not possible on a monthly basis to

directly link the revenue totals with the transaction data on any road within this report. Transaction and revenue

trends may not exactly correlate on a monthly or quarterly basis due to the following factors:

o On a monthly basis, transactions (when a vehicle passes through a toll facility, plaza or ramp) are reported in

the period in which they occur.

o Revenue for Tag transactions are recognized when they are earned, which is at the time the transaction

occurs.

o Pay By Mail revenues are recognized when cash payment is received.

o A Pay By Mail transaction may be reported in one month, but revenue for that transaction may not be

received until a later month.

o Each transaction represents a different amount of revenue depending on the rate charged for the type of

vehicle and tolling point.

A fiscal year end adjustment is made to revenue in the Annual Financial Report to reflect Pay By Mail revenues

earned but not collected, less an allowance for doubtful accounts, as of year-end. Total annual net toll revenues in

the report, when adjusted, should reflect the revenue earned during the fiscal year for transactions that occurred

in the fiscal year.

Toll waiver transactions are reported in the period they occur.

Data in this report is unaudited.

Traffic and Revenue data table for individual roadways may vary slightly from the CTTS totals due to rounding.


Significant Events

In August of 2012, the Texas Transportation Commission (Commission) adopted a number of changes to the

CTTS which were designed in aggregate to make the CTTS more self-sufficient and to strengthen the CTTS

financial credit including an adoption of the annual toll escalation, scheduled for January of each year based on

the Consumer Price Index-Urban (or “CPI-U”) . The initial toll rate escalation of 1.5% to all roads occurred on

January 1, 2014, and a subsequent escalation of 1.7% occurred on January 1, 2015.

Beginning September 1, 2013, Senate Bill 1792 was implemented to strengthen the toll collection process by

authorizing additional toll collection remedies for habitual violators. The legislation provides more authority to

enforce non-payment, including publishing violator names, addresses and amounts due on websites and in

newspapers, and banning the vehicles from using Texas Department of Transportation (TxDOT) toll roads. If

caught driving after being banned and ticketed, the violator’s vehicle may be impounded. The legislation also

includes authority to report habitual violators to county tax assessor collectors, who have the discretion to block

their vehicle registration.

In September of 2013, TxDOT selected Xerox State and Local Solutions, Inc. to provide customer service and toll

operations for the TxTag system over the next five years to process a growing base of approximately 10 million

monthly toll transactions and manage over 900,000 accounts. Customer service operations include transaction

processing, license plate image review, invoicing, collections, transponder sales and management, physical

maintenance of the toll plaza buildings and Courtesy Patrol roadway assistance for TxDOT toll roads in Austin.

Benefits of the new system include website improvements, a mobile website and streamlined billing.

The transition to the Xerox system occurred July 3, 2014 and such transition activities required interruptions to

customer service including delayed toll postings, statement processing, pay by mail billing and escalation of past

due transactions to violations and collections. Daily processing for monthly statements resumed in phases after

the transition. As a result of the delays, certain monthly revenue variances to the prior year are not comparable,

however this is considered immaterial to overall annual revenue performance. The delays did not impact reporting

of transactions.

This report is produced quarterly as a voluntary disclosure to provide timely data to stakeholders. Published CTTS

reports may be accessed at: http://www.txdot.gov/business/investors.html.

http://www.txdot.gov/business/investors.html

http://www.txdot.gov/business/investors.html


Loop 1 13%

SH 45N 26%

SH 130 (Seg 1-4) 57%

SH 45SE 4%

FY2015 YTD- CTTS Toll Revenue

Loop 1 17%

SH 45N 34%

SH 130 (Seg 1-4) 44%

SH 45SE 5%

FY 2015 YTD - CTTS Transactions

CTTS Fiscal Year Highlights:

During fiscal 2015, CTTS generated 124.5 million in transactions, an increase of 14% compared to fiscal 2014 and an increase of 2% compared to projections. Toll revenues generated of $151.6 million were 21% higher than the prior year and 8% higher than projections.


Figure 1: CTTS Revenue Comparison

Table 1: CTTS Revenue Comparison

FY 2015 YTD - CTTS Total Toll Revenue

FY 2015 Current Revenue Projected Revenue Current - vs - Projected Revenue

Prior Year Revenue Current -vs- Prior Year

Variance % Variance Variance % Variance

Sep-14 $9,921,515 $11,084,400 ($1,162,885) -10% $11,006,500 ($1,084,985) -10%

Oct-14 $10,382,210 $11,484,600 ($1,102,390) -10% $11,396,800 ($1,014,590) -9%

Nov-14 $11,519,300 $10,862,800 $656,500 6% $10,543,200 $976,100 9%

Dec-14 $12,152,440 $10,378,900 $1,773,540 17% $9,237,100 $2,915,340 32%

Jan-15 $12,415,757 $11,009,200 $1,406,557 13% $9,440,300 $2,975,457 32%

Feb-15 $12,247,790 $10,623,100 $1,624,690 15% $9,398,800 $2,848,990 30%

Mar-15 $14,005,841 $12,523,100 $1,482,741 12% $10,877,500 $3,128,341 29%

Apr-15 $13,310,304 $12,305,200 $1,005,104 8% $10,775,500 $2,534,804 24%

May-15 $13,803,862 $12,874,200 $929,662 7% $10,501,900 $3,301,962 31%

Jun-15 $13,657,325 $13,235,700 $421,625 3% $12,558,900 $1,098,425 9%

Jul-15 $13,981,578 $12,042,500 $1,939,078 16% $9,876,900 $4,104,678 42%

Aug-15 $14,232,157 $12,240,900 $1,991,257 16% $9,549,200 $4,682,957 49%

Totals: $151,630,078 $140,664,600 $10,965,478 8% $125,162,600 $26,467,478 21%

Note: Revenues do not include a fiscal year-end adjustment made to revenue of $676,056; see “Notes on Data

Collection and Analysis” on page 3 for details on reported revenues. Also, see “Significant Events” on page 4 concerning monthly variances to prior year.

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Sep-14 Oct-14 Nov-14 Dec-14 Jan-15 Feb-15 Mar-15 Apr-15 May-15 Jun-15 Jul-15 Aug-15

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FY 2015 YTD - CTTS Toll Revenue Comparison

Prior Year Revenue Current Revenue Projected Revenue


Figure 2: CTTS Transaction Comparison

Table 2: CTTS Transaction Comparison

FY 2015 Current

Transactions Projected

Transactions

Current -vs-Projected Transactions Prior Year

Transactions

Current -vs-Prior Year Transaction

Variance % Variance Variance

% Variance

Sep-14 9,646,649 9,514,800

131,849 1% 8,572,600

1,074,049 13%

Oct-14 10,512,275 10,123,700

388,575 4% 9,159,500

1,352,775 15%

Nov-14 9,644,466 9,947,700

(303,234) (3%) 8,853,900

790,566 9%

Dec-14 9,877,355 9,611,500

265,855 3% 8,452,000

1,425,355 17%

Jan-15 9,182,045 9,177,000

5,045 0% 8,041,200

1,140,845 14%

Feb-15 9,008,894 9,122,900

(114,006) (1%) 7,927,900

1,080,994 14%

Mar-15 10,694,942 10,570,000

124,942 1% 9,376,100

1,318,842 14%

Apr-15 10,967,043 10,507,000

460,043 4% 9,510,700

1,456,343 15%

May-15 10,867,386 10,913,600

(46,214) (0%) 9,754,200

1,113,186 11%

Jun-15 11,188,868 10,641,500

547,368 5% 9,663,800

1,525,068 16%

Jul-15 11,554,580 10,616,700

937,880 9% 9,814,300

1,740,280 18%

Aug-15 11,361,172 11,073,100

288,072 3% 9,922,400

1,438,772 15%

Totals: 124,505,675 121,819,500

2,686,175 2% 109,048,600

15,457,075 14%

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4,000,000

6,000,000

8,000,000

10,000,000

12,000,000

14,000,000


FY 2015 YTD - CTTS Total Transactions Comparison

Prior Year Transactions Current Transactions Projected Transactions


Figure 3: CTTS Average Weekday Transactions Comparison

Table 3: CTTS Average Weekday Transactions Comparison

FY 2015 Current AWT Projected

AWT

Current -vs- Projected AWT Prior Year AWT

Current -vs- Prior Year AWT


Sep-14 358,328 362,828 (4,500) (1%) 322,226 36,102 11%

Oct-14 370,757 363,633 7,124 2% 322,106 48,651 15%

Nov-14 369,528 372,088 (2,560) (1%) 330,872 38,656 12%

Dec-14 354,179 354,162 17 0% 306,871 47,308 15%

Jan-15 343,534 340,528 3,006 1% 290,703 52,831 18%

Feb-15 360,849 363,156 (2,307) (1%) 311,716 49,133 16%

Mar-15 376,363 381,667 (5,304) (1%) 334,545 41,818 12%

Apr-15 398,352 387,127 11,225 3% 344,103 54,249 16%

May-15 400,530 394,328 6,202 2% 348,291 52,239 15%

Jun-15 404,585 396,779 7,806 2% 352,514 52,071 15%

Jul-15 410,146 386,125 24,021 6% 349,556 60,590 17%

Aug-15 407,504 398,701 8,803 2% 353,649 53,855 15%

0

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200,000

300,000

400,000

500,000


FY 2015 YTD - CTTS Average Weekday Transactions (AWT) Comparison

Prior Year AWT Current AWT Projected AWT


Figure 4: CTTS FY 2015 YTD – Transactions by Type

Table 4: CTTS Transactions by Type

FY 2015 Transaction

Count

Tag Pay By Mail

Count Percent Count Percent

Sep-14 9,646,649 6,787,510 70% 2,859,139 30%

Oct-14 10,512,275 7,249,146 69% 3,263,129 31%

Nov-14 9,644,466 6,697,165 69% 2,947,301 31%

Dec-14 9,877,355 6,753,144 68% 3,124,211 32%

Jan-15 9,182,045 6,338,769 69% 2,843,276 31%

Feb-15 9,008,894 6,160,485 68% 2,848,409 32%

Mar-15 10,694,942 7,392,630 69% 3,302,312 31%

Apr-15 10,967,043 7,503,354 68% 3,463,689 32%

May-15 10,867,386 7,418,599 68% 3,448,787 32%

Jun-15 11,188,868 7,562,376 68% 3,626,492 32%

Jul-15 11,554,580 7,719,613 67% 3,834,967 33%

Aug-15 11,361,172 7,608,224 67% 3,752,948 33%

Totals: 124,505,675 85,191,015 68% 39,314,660 32%

Tag, 68%

Pay By Mail, 32%

FY 2015 YTD - CTTS Transactions by Type

Tag

Pay By Mail


Loop 1 Fiscal Year Highlights:

During fiscal 2015, Loop 1 generated 21.5 million in transactions, an increase of 8% compared to fiscal 2014 and a decrease of 8% compared to projections. Toll revenues generated of $20.5 million were 10% higher than the prior year and 12% lower than projections.


Figure 5: Loop 1 Revenue Comparison

Table 5: Loop 1 Revenue Comparison

FY 2015 YTD - Loop 1 - Total Toll Revenue




Sep-14 $1,455,650 $1,803,300 ($347,650) -19% $1,625,700 ($170,050) -10%

Oct-14 $1,545,971 $1,905,600 ($359,629) -19% $1,730,300 ($184,329) -11%

Nov-14 $1,598,376 $1,737,900 ($139,524) -8% $1,518,400 $79,976 5%

Dec-14 $1,690,550 $1,753,800 ($63,250) -4% $1,525,600 $164,950 11%

Jan-15 $1,696,420 $1,938,700 ($242,280) -12% $1,493,000 $203,420 14%

Feb-15 $1,619,557 $1,857,900 ($238,343) -13% $1,428,500 $191,057 13%

Mar-15 $1,851,867 $2,064,400 ($212,533) -10% $1,587,600 $264,267 17%

Apr-15 $1,807,915 $1,981,300 ($173,385) -9% $1,542,900 $265,015 17%

May-15 $1,805,617 $2,069,800 ($264,183) -13% $1,498,500 $307,117 20%

Jun-15 $1,781,042 $2,103,100 ($322,058) -15% $1,768,000 $13,042 1%

Jul-15 $1,796,926 $1,930,700 ($133,774) -7% $1,424,000 $372,926 26%

Aug-15 $1,808,743 $1,976,500 ($167,757) -8% $1,417,300 $391,443 28%

Totals: $20,458,635 $23,123,000 ($2,664,365) -12% $18,559,800 $1,898,835 10%



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FY 2015 YTD- Loop 1 Toll Revenue Comparison



Figure 6: Loop 1 Transaction Comparison

Table 6: Loop 1 Transaction Comparison

FY 2015 Current


Transactions


Transactions


Variance % Variance Variance

% Variance

Sep-14 1,713,429 1,888,800 (175,371) (9%) 1,610,900 102,529 6%

Oct-14 1,850,051 2,002,600 (152,549) (8%) 1,731,100 118,951 7%

Nov-14 1,641,009 1,877,300 (236,291) (13%) 1,595,800 45,209 3%

Dec-14 1,750,582 1,873,200 (122,618) (7%) 1,576,400 174,182 11%

Jan-15 1,685,592 1,862,600 (177,008) (10%) 1,564,200 121,392 8%

Feb-15 1,614,992 1,812,200 (197,208) (11%) 1,508,300 106,692 7%

Mar-15 1,816,907 1,981,500 (164,593) (8%) 1,676,900 140,007 8%

Apr-15 1,868,948 1,985,900 (116,952) (6%) 1,705,000 163,948 10%

May-15 1,854,299 2,040,800 (186,501) (9%) 1,742,200 112,099 6%

Jun-15 1,874,207 1,952,100 (77,893) (4%) 1,678,600 195,607 12%

Jul-15 1,906,824 1,959,000 (52,176) (3%) 1,707,800 199,024 12%

Aug-15 1,891,186 2,055,100 (163,914) (8%) 1,741,900 149,286 9%

Totals: 21,468,026 23,291,100 (1,823,074) (8%) 19,839,100 1,628,926 8%

0

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1,000,000

1,500,000

2,000,000

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FY 2015 YTD - Loop 1 Total Transactions Comparison



Figure 7: Loop 1 Average Weekday Transactions Comparison

Table 7: Loop 1 Average Weekday Transactions Comparison

FY 2015 Current

AWT Projected

AWT

Current -vs- Projected AWT Prior Year

AWT



Sep-14 65,359 73,286 (7,927) (11%) 62,362 2,997 5%

Oct-14 66,585 72,780 (6,195) (9%) 62,302 4,283 7%

Nov-14 66,010 72,008 (5,998) (8%) 61,822 4,188 7%

Dec-14 63,964 70,061 (6,097) (9%) 58,920 5,044 9%

Jan-15 63,761 69,252 (5,491) (8%) 57,186 6,575 11%

Feb-15 65,515 72,169 (6,654) (9%) 60,036 5,479 9%

Mar-15 65,887 72,732 (6,845) (9%) 61,785 4,102 7%

Apr-15 69,412 74,287 (4,876) (7%) 63,452 5,960 9%

May-15 69,683 74,669 (4,986) (7%) 64,063 5,620 9%

Jun-15 69,728 74,338 (4,610) (6%) 63,678 6,050 10%

Jul-15 69,885 72,739 (2,854) (4%) 63,181 6,704 11%

Aug-15 69,656 74,651 (4,995) (7%) 63,630 6,026 9%

0

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50,000

75,000


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FY 2015 YTD - Loop 1 Average Weekday Transactions Comparison



Figure 8: Loop 1 Transactions by Type

Table 8: Loop 1 Transactions by Type

FY 2015 Transactions

Count

Tag Pay By Mail


Sep-14 1,713,429 1,285,918 75% 427,511 25%

Oct-14 1,850,051 1,361,108 74% 488,943 26%

Nov-14 1,641,009 1,195,836 73% 445,173 27%

Dec-14 1,750,582 1,284,197 73% 466,385 27%

Jan-15 1,685,592 1,241,197 74% 444,395 26%

Feb-15 1,614,992 1,184,179 73% 430,813 27%

Mar-15 1,816,907 1,357,160 75% 459,747 25%

Apr-15 1,868,948 1,383,856 74% 485,092 26%

May-15 1,854,299 1,360,630 73% 493,669 27%

Jun-15 1,874,207 1,367,608 73% 506,599 27%

Jul-15 1,906,824 1,377,718 72% 529,106 28%

Aug-15 1,891,186 1,362,423 72% 528,763 28%

Totals: 21,468,026 15,761,830 73% 5,706,196 27%

Tag, 73%

Pay By Mail, 27%

FY2015 YTD - Loop 1 Transaction by Type

Tag

Pay By Mail


SH 45N Fiscal Year Highlights:

During fiscal 2015, SH 45N generated 42.7 million in transactions, an increase of 12% compared to fiscal 2014 and a decrease of 2% compared to projections. Toll revenues generated of $39 million were 12% higher than the prior year and 7% lower than projections due to lower transactions compared to projections.


Figure 9: SH 45N Revenue Comparison

Table 9: SH 45N Revenue Comparison

FY 2015 YTD - SH 45N - Total Toll Revenue




Sep-14 $2,790,240 $3,226,000 ($435,760) -14% $2,981,200 ($190,960) -6%

Oct-14 $2,962,245 $3,378,700 ($416,455) -12% $3,181,300 ($219,055) -7%

Nov-14 $3,032,759 $3,095,300 ($62,541) -2% $2,810,300 $222,459 8%

Dec-14 $3,193,417 $3,234,700 ($41,283) -1% $3,072,300 $121,117 4%

Jan-15 $3,157,924 $3,452,500 ($294,576) -9% $2,719,100 $438,824 16%

Feb-15 $3,045,692 $3,330,800 ($285,108) -9% $2,629,900 $415,792 16%

Mar-15 $3,502,023 $3,742,000 ($239,977) -6% $2,973,900 $528,123 18%

Apr-15 $3,447,017 $3,607,200 ($160,183) -4% $2,897,700 $549,317 19%

May-15 $3,476,040 $3,804,000 ($327,960) -9% $2,834,200 $641,840 23%

Jun-15 $3,400,360 $3,884,600 ($484,240) -12% $3,325,200 $75,160 2%

Jul-15 $3,454,277 $3,534,800 ($80,523) -2% $2,694,900 $759,377 28%

Aug-15 $3,495,080 $3,631,600 ($136,520) -4% $2,710,800 $784,280 29%

Totals: $38,957,075 $41,922,200 ($2,965,125) -7% $34,830,800 $4,126,275 12%



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FY 2015 YTD - SH 45N Toll Revenue Comparison



Figure 10: SH 45N Transaction Comparison

Table 10: SH 45N Transaction Comparison

FY 2015 Current


Transactions

Current -vs-Projected Transactions

Prior Year Transactions


Variance % Variance Variance % Variance Sep-14 3,393,120 3,502,000 (108,880) (3%) 3,087,100 306,020 10%

Oct-14 3,654,959 3,714,900 (59,941) (2%) 3,296,100 358,859 11%

Nov-14 3,259,662 3,501,600 (241,938) (7%) 3,065,800 193,862 6%

Dec-14 3,454,315 3,496,100 (41,785) (1%) 3,017,200 437,115 14%

Jan-15 3,278,894 3,426,800 (147,906) (4%) 2,943,800 335,094 11%

Feb-15 3,154,511 3,346,200 (191,689) (6%) 2,853,300 301,211 11%

Mar-15 3,593,014 3,702,700 (109,686) (3%) 3,216,000 377,014 12%

Apr-15 3,752,554 3,732,700 19,854 1% 3,314,100 438,454 13%

May-15 3,728,699 3,876,200 (147,501) (4%) 3,426,100 302,599 9%

Jun-15 3,761,674 3,685,600 76,074 2% 3,280,600 481,074 15%

Jul-15 3,814,861 3,666,600 148,261 4% 3,326,500 488,361 15%

Aug-15 3,839,806 3,883,900 (44,094) (1%) 3,429,200 410,606 12%

Totals: 42,686,069 43,535,300 (849,231) (2%) 38,255,800 4,430,269 12%

0

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1,000,000

1,500,000

2,000,000

2,500,000

3,000,000

3,500,000

4,000,000

4,500,000


FY 2015 YTD - SH 45N Total Transactions Comparison



Figure 11: SH 45N Average Weekday Transactions Comparison

Table 11: SH 45N Average Weekday Transactions Comparison


AWT


AWT



Sep-14 127,079 135,565 (8,486) (6%) 116,671 10,408 9%

Oct-14 129,642 135,336 (5,694) (4%) 116,577 13,065 11%

Nov-14 127,163 134,070 (6,907) (5%) 115,937 11,226 10%

Dec-14 124,175 130,170 (5,995) (5%) 109,855 14,320 13%

Jan-15 122,048 127,520 (5,472) (4%) 105,748 16,300 15%

Feb-15 125,841 133,508 (7,667) (6%) 111,546 14,295 13%

Mar-15 127,762 136,018 (8,256) (6%) 115,797 11,965 10%

Apr-15 137,564 139,869 (2,305) (2%) 120,904 16,660 14%

May-15 137,444 142,084 (4,640) (3%) 123,201 14,243 12%

Jun-15 137,436 139,720 (2,284) (2%) 121,232 16,204 13%

Jul-15 136,947 135,974 973 1% 120,257 16,690 14%

Aug-15 138,901 141,574 (2,673) (2%) 122,959 15,942 13%

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150,000


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FY 2015 YTD - SH 45N Average Weekday Transactions Comparison



Figure 12: SH 45N Transactions by Type

Table 12: SH 45N Transactions by Type

FY 2015 Transaction

Count

Tag Pay By Mail


Sep-14 3,393,120 2,552,070 75% 841,050 25%

Oct-14 3,654,959 2,697,369 74% 957,590 26%

Nov-14 3,259,662 2,547,891 78% 711,771 22%

Dec-14 3,454,315 2,656,251 77% 798,064 23%

Jan-15 3,278,894 2,518,971 77% 759,923 23%

Feb-15 3,154,511 2,417,830 77% 736,681 23%

Mar-15 3,593,014 2,655,749 74% 937,265 26%

Apr-15 3,752,554 2,731,699 73% 1,020,855 27%

May-15 3,728,699 2,709,583 73% 1,019,116 27%

Jun-15 3,761,674 2,712,334 72% 1,049,340 28%

Jul-15 3,814,861 2,728,921 72% 1,085,940 28%

Aug-15 3,839,806 2,725,878 71% 1,113,928 29%

Totals: 42,686,069 31,654,546 74% 11,031,523 26%

Tag, 74%Pay By Mail, 26%

FY 2015 YTD - SH 45N Transaction by Type

Tag

Pay By Mail


SH 130 Fiscal Year Highlights:

During fiscal 2015, SH 130 Segments 1-4 generated 54.8 million in transactions, an increase of 19% compared to fiscal 2014 and an increase of 10% compared to projections. Toll revenues generated of $86.2 million were 28% higher than the prior year and 22% higher than projections due to higher transactions compared to projections.


Figure 13: SH 130 (Seg. 1-4) Revenue Comparison

Table 13: SH 130 (Seg. 1-4) Revenue Comparison

FY 2015 YTD - SH 130 (Seg 1-4) - Total Toll Revenue




Sep-14 $5,319,238 $5,639,600 ($320,362) -6% $6,088,300 ($769,062) -13%

Oct-14 $5,491,147 $5,766,900 ($275,753) -5% $6,144,600 ($653,453) -11%

Nov-14 $6,431,037 $5,603,200 $827,837 15% $5,825,200 $605,837 10%

Dec-14 $6,786,934 $4,986,600 $1,800,334 36% $4,295,600 $2,491,334 58%

Jan-15 $7,061,447 $5,232,900 $1,828,547 35% $4,886,500 $2,174,947 45%

Feb-15 $7,076,976 $5,063,000 $2,013,976 40% $4,987,600 $2,089,376 42%

Mar-15 $8,091,300 $6,265,200 $1,826,100 29% $5,892,400 $2,198,900 37%

Apr-15 $7,540,480 $6,220,200 $1,320,280 21% $5,761,000 $1,779,480 31%

May-15 $7,966,476 $6,566,600 $1,399,876 21% $5,762,700 $2,203,776 38%

Jun-15 $7,925,397 $6,796,200 $1,129,197 17% $6,981,200 $944,197 14%

Jul-15 $8,161,981 $6,183,400 $1,978,581 32% $5,383,800 $2,778,181 52%

Aug-15 $8,342,874 $6,249,500 $2,093,374 33% $5,083,400 $3,259,474 64%

Totals: $86,195,287 $70,573,300 $15,621,987 22% $67,092,300 $19,102,987 28%

Note: Revenues do not include a fiscal year-end adjustment made to revenue of $476,025; see “Notes on Data Collection and Analysis” on page 3 for details on reported revenues. Also, see “Significant Events” on page 4 concerning monthly variances to prior year.

.

$0

$1

$2

$3

$4

$5

$6

$7

$8

$9


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FY 2015 YTD - SH 130 (Seg 1-4) Toll Revenue Comparison



Figure 14: SH 130 (Seg. 1-4) Transaction Comparison

Table 14: SH 130 (Seg. 1-4) Transaction Comparison

FY 2015 Current


Transactions


Transactions



Sep-14 4,120,743 3,733,000

387,743 10% 3,512,800

607,943 17%

Oct-14 4,538,141 3,994,600

543,541 14% 3,747,600

790,541 21%

Nov-14 4,299,049 4,152,000

147,049 4% 3,789,700

509,349 13%

Dec-14 4,248,358 3,860,200

388,158 10% 3,501,700

746,658 21%

Jan-15 3,835,395 3,537,800

297,595 8% 3,209,800

625,595 19%

Feb-15 3,846,224 3,601,400

244,824 7% 3,231,000

615,224 19%

Mar-15 4,796,322 4,426,700

369,622 8% 4,059,400

736,922 18%

Apr-15 4,855,918 4,359,300

496,618 11% 4,075,200

780,718 19%

May-15 4,800,725 4,534,900

265,825 6% 4,157,800

642,925 15%

Jun-15 5,046,303 4,536,700

509,603 11% 4,272,500

773,803 18%

Jul-15 5,287,629 4,522,900

764,729 17% 4,339,000

948,629 22%

Aug-15 5,110,909 4,653,600

457,309 10% 4,314,200

796,709 18%

Totals: 54,785,716 49,913,100

4,872,616 10% 46,210,700

8,575,016 19%

0

1,000,000

2,000,000

3,000,000

4,000,000

5,000,000

6,000,000


FY 2015 YTD - SH 130 (Seg 1-4) Total Transactions Comparison



Figure 15: SH 130 (Seg. 1-4) Average Weekday Transactions Comparison

Table 15: SH 130 (Seg. 1-4) Average Weekday Transactions Comparison


AWT


AWT



Sep-14 150,764 139,442 11,322 8% 129,924 20,840 16%

Oct-14 158,420 140,990 17,430 12% 129,967 28,453 22%

Nov-14 160,056 150,944 9,112 6% 138,575 21,481 16%

Dec-14 151,036 140,057 10,979 8% 125,572 25,464 20%

Jan-15 143,469 130,665 12,804 10% 116,028 27,441 24%

Feb-15 153,896 143,009 10,887 8% 127,060 26,836 21%

Mar-15 165,999 156,682 9,317 6% 142,216 23,783 17%

Apr-15 174,079 157,501 16,578 11% 145,035 29,044 20%

May-15 175,804 161,196 14,608 9% 146,089 29,715 20%

Jun-15 179,467 165,654 13,813 8% 152,353 27,114 18%

Jul-15 184,596 160,729 23,867 15% 150,814 33,782 22%

Aug-15 180,867 165,462 15,405 9% 151,881 28,986 19%

0

50,000

100,000

150,000

200,000


AW

TFY 2015 YTD - SH 130 (Seg. 1-4) Average Weekday Transactions Comparison



Figure 16: SH 130 (Seg. 1-4) Transactions by Type

Table 16: SH 130 (Seg. 1-4) Transactions by Type

FY 2015 Transaction

Count

Tag Pay By Mail


Sep-14 4,120,743 2,688,795 65% 1,431,948 35%

Oct-14 4,538,141 2,906,632 64% 1,631,509 36%

Nov-14 4,299,049 2,688,306 63% 1,610,743 37%

Dec-14 4,248,358 2,558,273 60% 1,690,085 40%

Jan-15 3,835,395 2,344,829 61% 1,490,566 39%

Feb-15 3,846,224 2,320,165 60% 1,526,059 40%

Mar-15 4,796,322 3,073,877 64% 1,722,445 36%

Apr-15 4,855,918 3,083,491 63% 1,772,427 37%

May-15 4,800,725 3,050,768 64% 1,749,957 36%

Jun-15 5,046,303 3,174,608 63% 1,871,695 37%

Jul-15 5,287,629 3,287,905 62% 1,999,724 38%

Aug-15 5,110,909 3,203,276 63% 1,907,633 37%

Totals: 54,785,716 34,380,925 63% 20,404,791 37%


SH 45SE Fiscal Year Highlights:

During fiscal 2015, SH 45SE generated 5.6 million in transactions, an increase of 17% compared to fiscal 2014 and an increase of 10% compared to projections. Toll revenues generated of $6 million were 29% higher than the prior year and 19% higher than projections due to higher transactions compared to projections.


Figure 17: SH 45SE Revenue Comparison

Table 17: SH 45SE Revenue Comparison

FY 2015 YTD - SH 45SE - Total Toll Revenue




Sep-14 $356,387 $415,500 ($59,113) -14% $311,300 $45,087 14%

Oct-14 $382,848 $433,400 ($50,552) -12% $340,600 $42,248 12%

Nov-14 $457,128 $426,400 $30,728 7% $389,300 $67,828 17%

Dec-14 $481,538 $403,800 $77,738 19% $343,600 $137,938 40%

Jan-15 $499,965 $385,100 $114,865 30% $341,700 $158,265 46%

Feb-15 $505,565 $371,400 $134,165 36% $352,800 $152,765 43%

Mar-15 $560,650 $451,500 $109,150 24% $423,600 $137,050 32%

Apr-15 $514,892 $496,500 $18,392 4% $573,900 ($59,008) -10%

May-15 $555,729 $433,800 $121,929 28% $406,500 $149,229 37%

Jun-15 $550,526 $451,800 $98,726 22% $484,500 $66,026 14%

Jul-15 $568,393 $393,600 $174,793 44% $374,200 $194,193 52%

Aug-15 $585,460 $383,300 $202,160 53% $337,700 $247,760 73%

Totals: $6,019,081 $5,046,100 $972,981 19% $4,679,700 $1,339,381 29%



$0

$200,000

$400,000

$600,000


FY 2015 YTD - SH 45SE Toll Revenue Comparison



Figure 18: SH 45SE Transaction Comparison

Table 18: SH 45SE Transaction Comparison

FY 2015 Current


Transactions

Current -vs-Projected Transactions

Prior Year Transactions



Sep-14 419,357 391,000 28,357 7% 361,800

57,557 16%

Oct-14 469,124 411,600 57,524 14% 384,700

84,424 22%

Nov-14 444,746 416,800 27,946 7% 402,600

42,146 10%

Dec-14 424,100 382,000 42,100 11% 356,700

67,400 19%

Jan-15 382,164 349,800 32,364 9% 323,400

58,764 18%

Feb-15 393,167 363,100 30,067 8% 335,300

57,867 17%

Mar-15 488,699 459,100 29,599 6% 423,800

64,899 15%

Apr-15 489,623 429,100 60,523 14% 416,400

73,223 18%

May-15 483,663 461,700 21,963 5% 428,100

55,563 13%

Jun-15 506,684 467,100 39,584 8% 432,100

74,584 17%

Jul-15 545,266 468,200 77,066 16% 441,000

104,266 24%

Aug-15 519,271 480,500 38,771 8% 437,100

82,171 19%

Totals: 5,565,864 5,080,000 485,864 10% 4,743,000

822,864 17%

0

100,000

200,000

300,000

400,000

500,000

600,000


FY 2015 YTD - SH 45SE Total Transactions Comparison



Figure 19: SH 45SE Average Weekday Transactions Comparison

Table 19: SH 45SE Average Weekday Transactions Comparison


AWT


AWT



Sep-14 15,126 14,535 591 4% 13,269 1,857 14%

Oct-14 16,109 14,527 1,582 11% 13,260 2,850 21%

Nov-14 16,300 15,066 1,234 8% 14,538 1,763 12%

Dec-14 15,004 13,874 1,130 8% 12,524 2,480 20%

Jan-15 14,255 13,091 1,164 9% 11,741 2,514 21%

Feb-15 15,598 14,470 1,128 8% 13,074 2,524 19%

Mar-15 16,715 16,235 480 3% 14,747 1,968 13%

Apr-15 17,297 15,470 1,827 12% 14,712 2,585 18%

May-15 17,598 16,379 1,219 7% 14,938 2,660 18%

Jun-15 17,955 17,067 888 5% 15,251 2,704 18%

Jul-15 18,719 16,683 2,036 12% 15,304 3,415 22%

Aug-15 18,080 17,014 1,066 6% 15,179 2,901 19%

0

5,000

10,000

15,000

20,000


AW

T

FY 2015 YTD - SH 45SE Average Weekday Transactions Comparison



Figure 20: SH 45SE Transactions by Type

Table 20: SH 45SE Transactions by Type

FY 2015 Transaction

Count

Tag Pay By Mail


Sep-14 419,357 260,727 62% 158,630 38%

Oct-14 469,124 284,037 61% 185,087 39%

Nov-14 444,746 265,132 60% 179,614 40%

Dec-14 424,100 254,423 60% 169,677 40%

Jan-15 382,164 233,772 61% 148,392 39%

Feb-15 393,167 238,311 61% 154,856 39%

Mar-15 488,699 305,844 63% 182,855 37%

Apr-15 489,623 304,308 62% 185,315 38%

May-15 483,663 297,618 62% 186,045 38%

Jun-15 506,684 307,826 61% 198,858 39%

Jul-15 545,266 325,069 60% 220,197 40%

Aug-15 519,271 316,647 61% 202,624 39%

Totals: 5,565,864 3,393,714 61% 2,172,150 39%


Active Accounts and TxTag Highlights: At the end of FY 2015, there were approximately 1.6 million active TxTags and 912,937 active TxTag accounts statewide. As a result of the data migration to the new back office system, total number of active TxTag accounts are not comparable to prior year reports due to change in methodology.


Figure 21: Active Accounts and TxTags

Table 21: Active Accounts and TxTags

FY 2015 Stats Total Active

TxTag Accounts

Total Active TxTags

Percent TxTag Increase per

Month

Sep-14 858,795 1,566,934 1.23%

Oct-14 866,269 1,565,776 (0.07%)

Nov-14 873,379 1,572,614 0.44%

Dec-14 858,153 1,556,309 (1.04%)

Jan-15 861,434 1,560,387 0.26%

Feb-15 878,719 1,581,673 1.36%

Mar-15 891,151 1,596,291 0.92%

Apr-15 896,723 1,601,283 0.31%

May-15 904,256 1,614,635 0.83%

Jun-15 909,910 1,619,684 0.31%

Jul-15 902,278 1,619,145 (0.03%)

Aug-15 912,937 1,633,146 0.86%

Note: April & June, 2015 Active TxTag Accounts and Active TxTags were estimated based on previous month data. Actual data was not available.

0

500,000

1,000,000

1,500,000

2,000,000

Sep-14 Nov-14 Jan-15 Mar-15 May-15 Jul-15

FY 2015 YTD Active Accounts and TxTags

Total Active TxTag Accounts Total Active TxTags



About the Central Texas Turnpike System

The CTTS is a 72.8 mile facility of roadways (Loop 1, SH 45N, SH 45SE and SH 130) designed to expedite traffic flow, improve access to regional services and promote safe travel for Central Texas motorists. Texas toll facilities are safe, reliable and cost efficient, and can be built faster than conventional transportation projects through the use of toll revenue bonds. This non-traditional approach to road financing and construction supports TxDOT’s four goals—maintain a safe system, address congestion, connect Texas communities, and be a Best-in-Class agency.

Transaction Terminology

TxDOT uses state-of-the-art technology to allow drivers to pay tolls in various ways. The types of transactions are:

Tag: This payment method or transaction type includes TxTag, TollTag and EZ TAG, which are tied to a pre-paid customer toll account. Note that the section reporting on Active Accounts and TxTags only refers to TxDOT’s TxTag program.

Pay By Mail Program: These transactions are created when a customer crosses a tolling point and a valid TxTag is not recognized. Since the toll is not being paid at the time the transaction occurs, an image of the license plate is captured. The Customer Service Center processes these images to either post the toll to an existing account for that license plate or send the vehicle owner a bill for the toll charges.

Documents

TEXAS TRANSPORTATION COMMISSION TRANSPORTATION COMMISSION ... The Central Texas Turnpike System ... TxDOT selected Xerox State and Local Solutions, Inc. to …