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Motor Carrier Revenues <br /> The Motor Carrier Transportation Division of 2.7 percent per year on average expected <br /> (MCTD) collects weight-mile taxes and other through the remainder of the forecast period. <br /> heavy vehicle fees. Table 5 contains the <br /> forecast revenue detail, along with projected Row 3 shows the revenues from Road Use <br /> collection/administration costs and transfers. Assessment Fees (RUAF), permits, passes, <br /> and credentials such as weight receipts and <br /> Row 1 contains information on the amount of cab cards. This row also includes OTIA III <br /> weight-mile and flat fee revenues collected fee increments from the DMV heavy vehicle <br /> each fiscal year. In FY08, weight-mile and portion of the Local Fund. Revenues from <br /> flat-fee revenues reached $236.8 million. This weight receipt and commercial driver's <br /> represented a slight increase of 0.1 percent license fee increases make up the OTIA III <br /> from FY07. As the economy worsens, Local Fund fee increments. Overall, the total <br /> revenues are expected to drop sharply in of these heavy vehicle revenues reached $9.7 <br /> FY09 by 5.7 percent over FY08, but it will million in FY08. The forecast predicts a sharp <br /> rebound in the remaining forecast years decline of approximately 8.0 percent for <br /> averaging 3.0 percent growth per year FY09 and a smaller decline of 2.3 percent in <br /> between FY10 and FY15. FY10. Positive growth in revenues is <br /> expected to return in FYII, with annual <br /> Figure 12: Heavy Vehicle Registration growth averaging 4.6 percent between FYl 1 <br /> Revenues and FY15. <br /> N 40°'° Row 4 reports the total gross revenues for the <br /> 0 <br /> 30°'° Motor Carrier Division. Gross revenues are <br /> ° <br /> 20 lower than the previous forecast over the <br /> 10% ~ forecast horizon. Driven b wei ht-mile <br /> y g <br /> ~ $26 - 3 <br /> ~ 0% v <br /> $24- ~ revenues FY09 revenues are expected to be <br /> -1 o°r° ~ ' <br /> $22 - 3 <br /> $9.9 million lower with a rebound in FY10 <br /> ~ $20 - ~ <br /> $18- that is just slightly lower than the June 2008 <br /> ~ $16- <br /> ~ $14 - forecast value for FY 10. Beyond FY 10, <br /> z $12 _ growth is lower than in the previous forecast <br /> 2000 2005 2010 2015 <br /> Fiscal Year resulting in an increased shortfall in revenue <br /> Heavy Vehicle Registration Revenues Percentage Change over the June forecast. Overall, the forecast <br /> predicts that gross revenues will grow at an <br /> Row 2 of Table 5 shows heavy vehicle average annual rate of just 2.9 percent <br /> registration fee revenues. It includes both between FY10 and FY15. The forecast <br /> International Registration Plan (IRP) indicates that collection and administration <br /> registration fees paid by interstate carriers and costs, as shown in rows 6 and 8, will also <br /> Commercial registration fees paid by increase. Because of the escalation rate for <br /> intrastate carriers. Together these heavy these costs will likely exceed that of projected <br /> vehicle registration fees totaled $22.6 million gross revenues, net revenues in row 11 will <br /> in FY08. Registration fees are expected to grow more slowly than gross revenues <br /> <br /> total $21.9 million in FY09, a 5.9 percent throughout the forecast period. Row 12 of <br /> decline. The forecast indicates that an Table 5 provides a summary of the aggregate <br /> additional decline in FY10 will be followed differences of net revenues from the prior <br /> by a rebound in FY10, with positive growth forecast. <br /> 17 <br /> <br />