2005/2006 - 2009/2010
	2005-06	2005-06	2006-07	2007-08	2008-09	2009-10
	Adopted	Estimated	Base Estimated	Estimated	Estimated	Estimated
Personnel Services^a	8,535,000	8,535,000	8,923,000	9,369,000	9,837,000	10,329,000
Operations^b	3,835,000	3,835,000	4,016,000	4,136,000	4,260,000	4,388,000
Capital Reserve Fund^c	269,000	269,000	269,000	283,000	286,000	287,000
TOTAL	12,639,000	12,639,000	13,208,000	13,788,000	14,383,000	15,004,000
Assumptions for 2007-08 to 2009-10: ^aIncludes estimated increase of 5% in salaries and benefits. ^bIncludes increases in operating costs of approximately 3% annually. ^cAmounts allocated for Capital Equipment Reserve Fund for replacement of buses, purchase of capital     equipment.  These amounts do not include the cost of     temporary debt financing for the transit facility that may be necessary based on the level and timing of     federal and State grants available for this project.