Operations & Finance Committee Meeting Agenda

Size: px
Start display at page:

Download "Operations & Finance Committee Meeting Agenda"

Transcription

1 Operations & Finance Committee Meeting Agenda Nashville MTA Committee Meetings Music City Central Meeting Room 400 Charlotte Ave., Nashville, TN Thursday, November 16, 2017 The Operations & Finance Committee will begin at 1:30 p.m. Operations & Finance Committee Walter Searcy, Chair Hannah Paramore Breen 1. Call to Order 2. Discussion Items a. Monthly Financial Report Compared to Budget Ed Oliphant, CFO b. FY2017 Annual Audit Report Ed Oliphant, CFO c. Monthly Operating Statistics India Birdsong, COO d. 40 Low Floor Bus Replacement Purchase Rick Dooley, Director of Maintenance & Maria Harris, Procurement & Projects Administrator 3. Other Business 4. Adjourn OF-D OF-A OF-D OF-A

2 NASHVILLE METROPOLITAN TRANSIT AUTHORITY OF NASHVILLE AND DAVIDSON COUNTY, TENNESSEE COMMITTEE DISCUSSION ITEM Item Number: OF-D Meeting Date: 11/16/17 Item Title: MONTHLY FINANCIAL REPORT COMPARED TO BUDGET Attached is a statement of operations for the month of September compared to the budget and a balance sheet as of September 30, CURRENT STATUS Chief Financial Officer Ed Oliphant will review the statements at the committee meeting. Approved: Chief Financial Officer November 10, 2017 Date 1

3 Metropolitan Transit Authority Statement of Operations Compared to Budget For the Period Ending September 30, 2017 UNAUDITED Actual Month Month End F / Prior Year Actual Budget Y-T-D F / Original Month Budget Variance U Y-T-D Y-T-D Y-T-D Variance U Budget Revenue form Operations: Passenger Fares $636,956 $616,600 $20,356 F $2,531,536 $2,014,166 $1,887,200 $126,966 F $7,217,000 Access Ride 82,561 85,000 (2,439) U 223, , ,300 (1,684) U 864,900 Contract Revenues 199, ,815 (12,969) U 625, , ,450 (18,978) U 2,553,800 Advertising 84,162 90,000 (5,838) U 318, , ,000 8,213 F 1,100,000 Other Non-Trans Revenue 84,256 84,679 (423) U 323, , ,037 7,027 F 1,062,450 Total Operating Revenue 1,087,781 1,089,094 (1,313) U 4,022,823 3,390,531 3,268, ,544 F 12,798,150 Federal/State/Local Income: Local Assistance 5,000,000 5,000,000 0 F 18,250,000 17,250,000 17,250,000 0 F 48,635,900 State Assistance F F 4,723,500 Federal Assistance - CMAQ 157, ,000 (159) U 477, , ,500 2,824 F 1,900,000 Federal Assistance - JARC/New Free 103, ,610 (4,444) U 106, , ,830 (4,845) U 1,291,320 Total Assistance Income 5,261,007 5,265,610 (4,603) U 18,834,017 18,045,309 18,047,330 (2,021) U 56,550,720 Capital Revenue: Capital Operating Reimbursement F F 9,563,300 Capital ADA Reimbursement F F 2,750,000 Total Capital Income F F 12,313,300 Total Revenue $6,348,788 $6,354,704 ($5,916) U $22,856,840 $21,435,840 $21,316,317 $119,523 F $81,662,170 Expenses from Operations: Labor and Fringes $4,527,505 $4,882,626 $355,121 F $13,203,422 $14,042,776 $14,820,674 $777,898 F $57,850,140 Services 558, , ,328 F 1,680,058 1,775,407 1,985, ,493 F 7,970,200 Fuel 360, ,864 55,072 F 923,436 1,115,997 1,272, ,000 F 5,142,785 Parts, Materials and Supplies 364, , ,757 F 1,456,885 1,414,977 1,574, ,743 F 6,357,220 Utilities 87, ,315 33,096 F 313, , ,690 81,027 F 1,430,850 Casualty and Liability 181, ,817 (4,472) U 558, , ,451 (13,382) U 2,121,800 Other 38,827 66,320 27,493 F 181, , ,948 88,674 F 789,175 Total Operating Expenses 6,119,280 6,858, ,395 F 18,317,530 19,349,927 20,811,380 1,461,453 F 81,662,170 Surplus / (Deficit) before GASB 33 $229,508 ($503,971) $733,479 F $4,539,310 $2,085,913 $504,937 $1,580,976 F $0 Capital Grant Revenue 3,373,172 3,373,172 F 938,681 3,373,172 3,373,172 F 0 Rental income - MCC Amortization 49,167 49,167 F 147, , ,501 F Gain/(Loss) on Sale of Property (25,158) (25,158) U 0 (25,158) (25,158) U Comprehensive Operational Analysis (11,542) (11,542) U 0 (38,683) (38,683) U Depreciation (1,234,439) (1,234,439) U (4,237,116) (3,639,613) (3,639,613) U 0 Surplus / (Deficit) $2,380,708 ($503,971) $2,884,679 F $1,388,376 $1,903,132 $504,937 $1,398,195 F $0 2

4 Metropolitan Transit Authority Comparative Balance Sheets Month Ended Month Ended September 30, 2017 June 30, 2017 (unaudited) (unaudited) CURRENT ASSETS Cash and cash equivalents $5,070,800 $2,254,719 Receivables from federal, state and local government 2,083,452 5,028,295 Accounts receivable 1,387,412 1,744,529 Materials and supplies 3,202,920 3,096,646 Prepaid expense and other 878, ,835 Pension Deferred Outflow 6,412,991 6,412,991 Total Current Assets 19,035,603 19,292,015 PROPERTY AND EQUIPMENT Land 14,733,025 14,733,025 Building, shelter and benches 95,665,423 93,878,816 Revenue equipment and parts 123,811, ,291,561 Office furniture and equipment 4,045,371 4,098,720 Other 6,013,604 8,540, ,268, ,542,477 Less: Accumulated Depreciation (118,319,475) (115,814,900) Total Property and equipment, net 125,949, ,727,577 OTHER ASSETS Cash and investments for self-insurance and other 11,038,047 13,664,028 TOTAL ASSETS $156,022,901 $159,683,620 LIABILITIES AND NET ASSETS CURRENT LIABILITIES Accounts payable $1,231,192 $3,277,698 Accrued expenses 6,744,802 6,089,065 Deferred revenue 47,068 46,466 Note Payable 850,000 2,850,000 Total Current Liabilities 8,873,062 12,263,229 NON-CURRENT LIABILITIES Deferred Revenue 8,999,964 9,147,465 Refundable Grants 2,559,769 5,185,951 Net Pension Liability 16,972,784 16,972,784 Pension Deferred Inflow 1,262,057 1,262,057 Net other postemployment benefits obligations 42,936,147 42,936,147 NET ASSETS Invested in capital assets 116,099, ,730,112 Reserve for capital purchases 10,688,047 13,314,038 Unrestricted (54,271,348) (46,502,782) Current Year Surplus / (deficit) 1,903,132 (9,625,381) Total Net Assets 74,419,118 71,915,987 TOTAL LIABILITIES AND NET ASSETS $156,022,901 $159,683,620 Current Ratio Quick Ratio Working Capital 3,749, ,795 3

5 NASHVILLE METROPOLITAN TRANSIT AUTHORITY OF NASHVILLE AND DAVIDSON COUNTY, TENNESSEE COMMITTEE ACTION ITEM Item Number: OF-A Meeting Date: 11/16/17 Item Title: FY2017 ANNUAL AUDIT REPORT BACKGROUND The enclosed report is the Comprehensive Annual Financial Report for the fiscal year ended June 30, The following page is a copy of the audited Statement of Operations for FY 2017 in the format normally presented to the Committee. We are pleased to report that the MTA once again received a clean opinion on the report from our auditors and that no material internal control weaknesses were encountered during the audit. STAFF RECOMMENDATION MTA s outside accountants from Crosslin will review the Annual Report and their required communications at the committee meeting. We are requesting that the Operations and Finance Committee recommend to the Board the acceptance of the Comprehensive Annual Financial Report for the fiscal year ended June 30, Approved: Chief Financial Officer November 10, 2017 Date 4

6 Metropolitan Transit Authority Statement of Operations Compared to 2/28/17 Reforecast For the Period Ending June 30, 2017 AUDITED Actual Month Month End F / Prior Year Actual Reforecast Y-T-D F / Original Month Reforecast Variance U Y-T-D Y-T-D Y-T-D Variance U Budget Revenue form Operations: Passenger Fares $647,334 $731,242 ($83,908) U $9,561,529 $9,248,918 $9,412,130 ($163,212) U $10,736,615 Access Ride 73,275 71,460 1,815 F 879, , ,129 11,030 F 940,950 Contract Revenues 213, ,325 4,810 F 2,470,648 2,497,151 2,480,649 16,502 F 2,491,185 Advertising 88,967 68,140 20,827 F 1,140,723 1,007, ,609 28,042 F 700,000 Other Non-Trans Revenue 72,884 91,850 (18,966) U 1,305,247 1,116,825 1,156,494 (39,669) U 1,041,300 Total Operating Revenue 1,095,595 1,171,017 (75,422) U 15,357,307 14,728,704 14,876,011 (147,307) U 15,910,050 Federal/State/Local Income: Local Assistance F 40,013,600 42,013,600 42,013,600 0 F 42,013,600 State Assistance F 4,585,000 4,653,700 4,653,700 0 F 4,653,700 Federal Assistance - CMAQ 160, ,560 (4,185) U 1,902,979 1,911,089 1,920,136 (9,047) U 1,900,000 Federal Assistance - JARC/New Free 208,928 86, ,758 F 767, , , ,062 F 994,800 Total Assistance Income 369, , ,573 F 47,268,602 49,283,042 49,145, ,015 F 49,562,100 Capital Revenue: Capital Operating Reimbursement 1,470,000 1,914,000 (444,000) U 8,600,000 9,300,000 9,607,940 (307,940) U 8,693,940 Capital ADA Reimbursement 250, ,000 F 2,500,000 2,500,000 2,500,000 0 F 2,500,000 Total Capital Income 1,720,000 1,914,000 (194,000) U 11,100,000 11,800,000 12,107,940 (307,940) U 11,193,940 Total Revenue $3,184,898 $3,335,747 ($150,849) U $73,725,909 $75,811,746 $76,128,978 ($317,232) U $76,666,090 Expenses from Operations: Labor and Fringes $4,376,120 $4,740,634 $364,514 F $50,176,384 $54,832,543 $55,370,502 $537,959 F $55,330,740 Services 1,035, ,575 (367,349) U 8,772,809 8,017,345 7,664,065 (353,280) U 6,861,150 Fuel 306, ,025 (6,717) U 4,889,955 3,464,155 3,534,982 70,827 F 4,246,005 Parts, Materials and Supplies 637, ,039 (157,921) U 5,708,115 5,791,091 5,436,332 (354,759) U 5,946,500 Utilities 86, ,820 18,884 F 1,137,619 1,220,806 1,291,041 70,235 F 1,386,000 Casualty and Liability (107,356) 188, ,026 F 2,211,043 1,939,283 2,240, ,036 F 2,060,000 Other 37,718 54,670 16,952 F 569, , ,737 48,833 F 835,695 Total Operating Expenses 6,374,044 6,538, ,389 F 73,464,926 75,808,127 76,128, ,851 F 76,666,090 Surplus / (Deficit) before GASB 33 ($3,189,146) ($3,202,686) $13,540 F $260,983 $3,619 $0 $3,619 F $0 Capital Grant Revenue 2,999,337 2,999,337 F 7,342,390 7,258,833 7,258,833 F 0 Rental income - MCC Amortization 49,167 49,167 F 590, , ,004 F Gain on Sale of Property 6,520,230 6,520,230 F 0 6,517,430 6,517,430 F Comprehensive Operational Analysis (280,057) (280,057) U 0 (361,462) (361,462) U GASB OPEB Expense (5,761,741) (5,761,741) U (4,867,693) (5,761,741) (5,761,741) U GASB 68 Pension Disclosure (1,095,645) (1,095,645) U 1,292,478 (1,095,645) (1,095,645) U Depreciation (1,375,622) (1,375,622) U (16,067,870) (16,176,419) (16,176,419) U 0 Surplus / (Deficit) ($2,133,477) ($3,202,686) $1,069,209 F ($11,449,708) ($9,025,381) $0 ($9,025,381) U $0 5

7 NASHVILLE METROPOLITAN TRANSIT AUTHORITY OF NASHVILLE AND DAVIDSON COUNTY, TENNESSEE COMMITTEE DISCUSSION ITEM Item Number: OF-D Meeting Date: 11/16/17 Item Title: MONTHLY OPERATING STATISTICS BACKGROUND Attached are monthly operating statistics through September CURRENT STATUS Chief Operating Officer India Birdsong will review the statistics at the committee meeting. Approved: Chief Operating Officer November 10, 2017 Date 6

8 MTA Operations Dashboard Report September 2017 September 2016 Pct. Change Average Monthly Goals Ridership Total Passengers Bus 826, , % AccessRide (MTA) 25,702 25, % AccessRide (Overflow/Taxi) 12,256 13, % AccessRide Total 37,958 38, % Total 864, , % 850,000 Passengers per Revenue Hour Bus % 20 AccessRide % 2.15 Total Scheduled Revenue Hours 53,968 53, % Total Cost Per Scheduled Revenue Hour of Service $ $ % Safety Miles Between Total Accidents 38,473 31, % 40,000 Miles Between Preventable Accidents 346, , % 325,000 Preventable Accidents % Non-Preventable Accidents % Internal Accidents % External Accidents % Service Quality Bus Trip Completion Percentage 99.51% 99.63% -0.1% 99.9% AccessRide Trip Denials % 0.0% Miles Between Road Calls 2,213 4, % 7,000 On-Time Performance Bus 83.04% 81.55% 1.5% 90.0% Customer Care Passengers Carried Per Complaint Bus 9,392 9, % 8,000 AccessRide % 950 Total Calls Received 29,012 26, % Percent of Calls Answered 95.00% 94.72% 0.3% 95.0% 7

9 MTA Operations Dashboard Report FY 2018 September FY 2017 September Pct. Change Average Monthly Goals Ridership Total Passengers Bus 2,335,887 2,425, % AccessRide (MTA) 78,650 75, % AccessRide (Overflow/Taxi) 35,239 39, % AccessRide Total 113, , % Total 2,449,776 2,539, % 2,550,000 Passengers per Revenue Hour Bus % 20 AccessRide % 2.15 Total Scheduled Revenue Hours 167, , % Total Cost Per Scheduled Revenue Hour of Service $ $ % Safety Miles Between Total Accidents 43,675 31, % 40,000 Miles Between Preventable Accidents 305, , % 325,000 Preventable Accidents % Non-Preventable Accidents % Internal Accidents % External Accidents % Service Quality Bus Trip Completion Percentage 99.55% 99.68% -0.1% 99.9% AccessRide Trip Denials % 0.0% Miles Between Road Calls 2,239 5, % 7,000 On-Time Performance Bus 84.69% 83.13% 1.6% 90.0% Customer Care Passengers Carried Per Complaint Bus 7,487 7, % 8,000 AccessRide % 950 Total Calls Received 83,954 79, % Percent of Calls Answered 91.87% 95.74% -3.9% 95.0% 8

10 MTA Operations Dashboard Glossary Metric Ridership Total Passengers Bus AccessRide (MTA) AccessRide (Overflow/Taxi) AccessRide Total Passengers per Revenue Hour Bus AccessRide Total Scheduled Revenue Hours Definitons Total fixed route passenger boardings on all MTA operated services Total paratransit passenger boardings on MTA vans Total paratransit passenger boardings on 3rd party service providers Total paratransit boardings (MTA vans and 3rd party service providers) Total fixed route passenger boardings divided by total scheduled fixed route revenue vehicle hours. Total paratransit boardings on MTA vans divided by total scheduled paratransit revenue vehicle hours. Total fixed route and paratransit scheduled revenue vehicle hours. Note: Revenue vehicle hours are total vehicle in-service hours excluding vehicle travel from the garage to the first timepoint (or pickup for paratransit) and from the last timepoint (or pickup) to the garage. Total Cost Per Scheduled Revenue Hour of Service Total fully allocated cost to deliver service divided by the total scheduled revenue hours. Safety Miles Between Total Accidents Miles Between Preventable Accidents Preventable Accidents Non-Preventable Accidents Internal Accidents External Accidents Total number of miles travelled by all MTA revenue vehicles (fixed route and paratransit) divided by the total number of accidents. Total number of miles travelled by all MTA revenue vehicles (fixed route and paratransit) divided by the total number of preventable accidents. A motor vehicle collision, in which the Operator did not do everything reasonable to avoid a collision, committed an error or failed to react to the errors of others. A motor vehicle collision in which the Operator committed no driving error and reacted reasonably to the errors of others. A motor vehicle collision that occurs on Nestor or Myatt yard. A motor vehicle collision that occurs outside of Nestor or Myatt yard. Service Quality Bus Trip Completion Percentage Percentage of one-way fixed route revenue trips completed versus scheduled. 9

11 MTA Operations Dashboard Glossary Metric Definitons AccessRide Trip Denials Miles Between Road Calls Total number of paratransit trips that cannot be scheduled within one hour before or after the customer's requested pick-up time. Any mechanical failure, excluding farebox and accidents. Bus and AccessRide metrics will be reported separately. Bus On-Time Performance Percentage of total scheduled fixed route timepoint departures occurring between 59 seconds early and 5 minutes 59 seconds late. Customer Care Passengers Carried Per Complaint Bus AccessRide Total fixed route passengers divided by total fixed route customer complaints. Total paratransit (MTA and 3rd Party service providers) passengers divided by total paratransit customer complaints. Total Calls Received Percent of Calls Answered Percentage of calls received that were answered. Unanswered calls are calls that are lost for any reason once in the customer call phone queue. 10

12 NASHVILLE METROPOLITAN TRANSIT AUTHORITY OF NASHVILLE AND DAVIDSON COUNTY, TENNESSEE COMMITTEE ACTION ITEM Item Number: OF-A Meeting Date: 11/16/17 Item Title: 40FT LOW FLOOR BUS REPLACEMENT PURCHASE BACKGROUND In January 2016, the Board approved Nashville MTA entering into a three-year contract with two (1) one-year options, for the purchase of up to 120 Gillig buses under the procurement contract labeled # Concurrent with MTA s efforts to operate within our fleet replacement plan, staff requests approval to order 20 replacement vehicles under the aforementioned Gillig contract. In doing so, MTA s maintenance department may create a more balanced schedule for vehicle replacement, warding against erratic financial investment over time to amend a rapidly aging fleet. If approved, these buses will replace those vehicles within our fleet which have met their end of useful life, and are no longer recommended for service. It is important to note that in the event that Metro s May 1, 2017 transit referendum passes, vehicle replacement efforts would be deferred to allow for accelerated service expansion. Due to the anticipated lead time for production scheduling, maintenance staff anticipates the following schedule for bus order and delivery: Ordered quantity (10 buses); Delivery date anticipated between the 3 rd and 4 th quarter of FY18. Ordered quantity (10 buses); Delivery date anticipated between the 1 st and 2 nd quarter of FY 19. STAFF RECOMMENDATION Staff requests that the committee seek approval from the Board to provide the Chief Executive Officer authority to approve the purchase of (20) twenty replacement 40ft Low Floor Hybrid buses from Gillig, LLC, for the attainment of replacement vehicles to be used in fixed route service. The total sum of this purchase is $14,580, ($729,000 per bus). The cost per bus includes all ancillary equipment such as on-board Wi-Fi technology and cameras. Funding sources to support this purchase will be comprised of FY17 and FY 18 Metro funding for bus replacement. Approved: Chief Operating Officer 11 November 10, 2017 Date

13 New Initiatives & Community Engagement Committee Meeting Agenda Nashville MTA Committee Meetings Music City Central Meeting Room 400 Charlotte Ave., Nashville, TN Thursday, November 16, 2017 Committees begin meeting at 1:30 p.m. The NICE Committee will immediately follow the Operations & Finance Committee. NICE Committee Janet Miller, Chair Glenn Farner 1. Call to Order 2. Discussion Item a. Route Improvement Communications Plan: Summary of Outcomes Jason Minser, Director of Marketing b. Nestor Operations & Maintenance Facility Renovation Julie Navarrete, CDO 3. Other Business 4. Adjourn NICE-D NICE-D

14 NASHVILLE METROPOLITAN TRANSIT AUTHORITY OF NASHVILLE AND DAVIDSON COUNTY, TENNESSEE COMMITTEE DISCUSSION ITEM Item Number: NICE-D Meeting Date: 11/16/17 Item Title: ROUTE IMPROVEMENT COMMUNICATIONS PLAN: SUMMARY OF OUTCOMES BACKGROUND In previous years, semi-annual service changes were shared with the public in the form of a multipage brochure detailing the intricacies of each of the changes. The summary brochure would often times be lengthy and entirely text based. This approach provided riders with the required technical information on upcoming changes. Although standard for the transportation industry, this approach is considered unfriendly to anyone who is not a transportation professional. In Fall 2017, Nashville MTA overhauled its communications strategy for service changes. This effort focused on diversified communication tactics, visually appealing and graphically oriented communication style, emphasized improvements, offered targeted route messaging, and tracked the reach of the campaign. This presentation gives an overview of the campaign, looks at various tactical approaches, and summarizes the successes and challenges of the new approach. CURRENT STATUS Director of Marketing Jason Minser will present the findings from the route improvement communications plan. Approved: Chief Development Officer November 10, 2017 Date 1

15 NASHVILLE METROPOLITAN TRANSIT AUTHORITY OF NASHVILLE AND DAVIDSON COUNTY, TENNESSEE COMMITTEE DISCUSSION ITEM Item Number: NICE-D Meeting Date: 11/16/17 Item Title: NESTOR OPERATIONS & MAINTENANCE FACILITY RENOVATION BACKGROUND Per the approved capital budget, the Nashville Metropolitan Transit Authority (Nashville MTA) staff is advancing design and construction projects for renovation of Nestor Operations and Maintenance Facility. The Nashville MTA staff will present a review of facility history, current conditions, proposed repairs and improvements, including an estimated cost, for Committee consideration and comment, and proposed future actions. Approved: Chief Development Officer November 10, 2017 Date 2

Nashville MTA Committee Meetings Table of Content

Nashville MTA Committee Meetings Table of Content Nashville MTA Committee Meetings Table of Content WeGo Central 400 Dr. Martin L. King Jr. Blvd. Nashville, TN 37219 Thursday, March 28, 2019 1:30PM The NICE Committee will immediately follow the Operations

More information

Operations & Finance Committee Meeting Agenda

Operations & Finance Committee Meeting Agenda Operations & Finance Committee Meeting Agenda Nashville MTA Committee Meetings Music City Central Meeting Room 400 Charlotte Ave., Nashville, TN 37219 Thursday, February 22, 2018 The Operations & Finance

More information

Operations & Finance Committee Meeting Agenda

Operations & Finance Committee Meeting Agenda Operations & Finance Committee Meeting Agenda Nashville MTA Committee Meetings Music City Central Meeting Room 400 Charlotte Ave., Nashville, TN 37219 Thursday, September 28, 2017 The Operations & Finance

More information

Operations & Finance Committee Meeting Agenda

Operations & Finance Committee Meeting Agenda Operations & Finance Committee Meeting Agenda Nashville MTA Committee Meetings Lentz Public Health Center, Meeting Room A 2900 Charlotte Avenue, Nashville, TN 37209 Please note JULY meeting address! Thursday,

More information

Operations & Finance Committee Meeting Agenda

Operations & Finance Committee Meeting Agenda Operations & Finance Committee Meeting Agenda Nashville MTA Committee Meetings Music City Central Meeting Room 400 Charlotte Ave., Nashville, TN 37219 Thursday, April 26, 2018 The Operations & Finance

More information

Nashville MTA Committee Meetings Table of Content

Nashville MTA Committee Meetings Table of Content Nashville MTA Committee Meetings Table of Content WeGo Central 400 Dr Martin L King Jr Blvd (formally Charlotte Ave.) Nashville, TN 37219 Thursday, December 13, 2018 1:30PM The NICE Committee will immediately

More information

Operations & Finance Committee Meeting Agenda

Operations & Finance Committee Meeting Agenda Operations & Finance Committee Meeting Agenda Nashville MTA Committee Meetings Music City Central Meeting Room 400 Charlotte Ave., Nashville, TN 37219 Thursday, March 22, 2018 The Operations & Finance

More information

Nashville MTA Committee Meetings Table of Content

Nashville MTA Committee Meetings Table of Content Nashville MTA Committee Meetings Table of Content WeGo Central 400 Dr. Martin L. King Jr. Blvd. Nashville, TN 37219 Thursday, January 24, 2019 1:30PM The NICE Committee will immediately follow the Operations

More information

METROPOLITAN TRANSIT AUTHORITY NASHVILLE, TENNESSEE AUDITED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION JUNE 30, 2017 AND 2016

METROPOLITAN TRANSIT AUTHORITY NASHVILLE, TENNESSEE AUDITED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION JUNE 30, 2017 AND 2016 NASHVILLE, TENNESSEE AUDITED FINANCIAL STATEMENTS AND OTHER FINANCIAL INFORMATION JUNE 30, 2017 AND 2016 Table of Contents Page INTRODUCTION... 1-2 INDEPENDENT AUDITOR S REPORT... 3-5 MANAGEMENT S DISCUSSION

More information

Minutes NASHVILLE METROPOLITAN TRANSIT AUTHORITY BOARD OF DIRECTORS MEETING. November 16, 2017

Minutes NASHVILLE METROPOLITAN TRANSIT AUTHORITY BOARD OF DIRECTORS MEETING. November 16, 2017 Minutes NASHVILLE METROPOLITAN TRANSIT AUTHORITY BOARD OF DIRECTORS MEETING November 16, 2017 I. CALL TO ORDER: The regular meeting of the Nashville Metropolitan Transit Authority (Nashville MTA) Board

More information

Operations & Finance Committee Meeting Agenda

Operations & Finance Committee Meeting Agenda Operations & Finance Committee Meeting Agenda Nashville MTA Committee Meetings Metro Nashville Police Department West Precinct 5500 Charlotte Pike, Nashville, TN 37228 Please note SEPTEMBER meeting Thursday,

More information

METRO. Fiscal Year Monthly Performance Report. Revenue Expense Ridership Performance. November 2018 (Third Quarter Fiscal Year-to Date)

METRO. Fiscal Year Monthly Performance Report. Revenue Expense Ridership Performance. November 2018 (Third Quarter Fiscal Year-to Date) METRO Fiscal Year 2019 Monthly Performance Report Revenue Expense Ridership Performance (Third Quarter Fiscal Year-to Date) 12/12/2018 Table of Contents Section A Section B Section C Section D Section

More information

FY17 FY16 Valley Metro RPTA Sources of Funds FY17 vs FY16

FY17 FY16 Valley Metro RPTA Sources of Funds FY17 vs FY16 FY17 ADOPTED ANNUAL OPERATING AND CAPITAL BUDGET Valley Metro Regional Public Transportation Authority (RPTA) provides public transportation services for Maricopa County located in the metro Phoenix, Arizona.

More information

SOUTHEASTERN PENNSYLVANIA TRANSPORTATION AUTHORITY. Financial Statements June 30, 2018 and (With Independent Auditors Report Thereon)

SOUTHEASTERN PENNSYLVANIA TRANSPORTATION AUTHORITY. Financial Statements June 30, 2018 and (With Independent Auditors Report Thereon) SOUTHEASTERN PENNSYLVANIA TRANSPORTATION AUTHORITY Financial Statements June 30, 2018 and 2017 (With Independent Auditors Report Thereon) SOUTHEASTERN PENNSYLVANIA TRANSPORTATION AUTHORITY YEARS ENDED

More information

Minutes NASHVILLE METROPOLITAN TRANSIT AUTHORITY BOARD OF DIRECTORS MEETING. January 26, 2017

Minutes NASHVILLE METROPOLITAN TRANSIT AUTHORITY BOARD OF DIRECTORS MEETING. January 26, 2017 Minutes NASHVILLE METROPOLITAN TRANSIT AUTHORITY BOARD OF DIRECTORS MEETING January 26, 2017 I. CALL TO ORDER: The regular meeting of the Nashville Metropolitan Transit Authority (MTA) Board of Directors

More information

METRO. Fiscal Year Monthly Performance Report. Revenue Expense Ridership Performance. February 2018 (First Quarter Fiscal Year-to Date)

METRO. Fiscal Year Monthly Performance Report. Revenue Expense Ridership Performance. February 2018 (First Quarter Fiscal Year-to Date) METRO Fiscal Year 2018 Monthly Performance Report Revenue Expense Ridership Performance (First Quarter Fiscal Year-to Date) 3/12/2018 Table of Contents Section A Section B Section C Section D Section E

More information

METRO. Fiscal Year 2012 Monthly Board Report. December 2011 (First Quarter Fiscal Year-to-Date)

METRO. Fiscal Year 2012 Monthly Board Report. December 2011 (First Quarter Fiscal Year-to-Date) METRO Fiscal Year 2012 Monthly Board Report Revenue Expense Ridership Performance (First Quarter Fiscal Year-to-Date) 1/27/2012 Table of Contents Section A Section B Section C Section D Section E Section

More information

JANUARY FY Monthly Financial and Operational Report. Rhode Island Public Transit Authority

JANUARY FY Monthly Financial and Operational Report. Rhode Island Public Transit Authority JANUARY FY 2019 Monthly Financial and Operational Report Rhode Island Public Transit Authority Financial Summary As of December FY 2019 Budget Actual Variance % Variance Revenues $ 64,896,602 $ 58,000,401

More information

METRO. Fiscal Year 2017 Monthly Performance Report. Revenue Expense Ridership Performance. October 2016

METRO. Fiscal Year 2017 Monthly Performance Report. Revenue Expense Ridership Performance. October 2016 METRO Fiscal Year 2017 Monthly Performance Report Revenue Expense Ridership Performance 11/18/2016 Table of Contents Section A Section B Section C Section D Section E Section F Section G Section H Section

More information

METRO MONTHLY BOARD REPORT

METRO MONTHLY BOARD REPORT METRO Revenue Expenses Service Performance Fiscal Year FY2011 Table of Contents Section A Section B Section C Section D Section E Section F Section G Section H Summary Sales Tax Revenue Fare Revenue Operating

More information

FY2018 Third Quarter Financial Update

FY2018 Third Quarter Financial Update Finance and Committee Information Item IV-A May 10, 2018 Third Quarter Financial Update Page 30 of 53 Washington Metropolitan Area Transit Authority Board Action/Information Summary Action Information

More information

METRO. Fiscal Year 2013 Monthly Board Report. November 2012

METRO. Fiscal Year 2013 Monthly Board Report. November 2012 METRO Fiscal Year 2013 Monthly Board Report Revenue Expense Ridership Performance 12/13/2012 Table of Contents Section A Section B Section C Section D Section E Section F Section G Section H Section I

More information

SOUTHEASTERN PENNSYLVANIA TRANSPORTATION AUTHORITY. Financial Statements June 30, 2017 and (With Independent Auditors Report Thereon)

SOUTHEASTERN PENNSYLVANIA TRANSPORTATION AUTHORITY. Financial Statements June 30, 2017 and (With Independent Auditors Report Thereon) SOUTHEASTERN PENNSYLVANIA TRANSPORTATION AUTHORITY Financial Statements June 30, 2017 and 2016 (With Independent Auditors Report Thereon) SOUTHEASTERN PENNSYLVANIA TRANSPORTATION AUTHORITY YEARS ENDED

More information

METRO. Fiscal Year 2012 Monthly Board Report. September 2012 (Fourth Quarter Fiscal Year-to-Date)

METRO. Fiscal Year 2012 Monthly Board Report. September 2012 (Fourth Quarter Fiscal Year-to-Date) METRO Fiscal Year 2012 Monthly Board Report Revenue Expense Ridership Performance (Fourth Quarter Fiscal Year-to-Date) This report is based on a preliminary closing of the year-end financials for FY2012

More information

PROPOSED FISCAL YEAR 2011 BUDGET. Testimony of. Richard Sarles, General Manager. Washington Metropolitan Area Transit Authority.

PROPOSED FISCAL YEAR 2011 BUDGET. Testimony of. Richard Sarles, General Manager. Washington Metropolitan Area Transit Authority. PROPOSED FISCAL YEAR 2011 BUDGET Testimony of Richard Sarles, General Manager Washington Metropolitan Area Transit Authority Before the Council of the District of Columbia Committee on Public Works and

More information

METRO. Fiscal Year 2015 Monthly Board Report. February 2015

METRO. Fiscal Year 2015 Monthly Board Report. February 2015 METRO Fiscal Year 2015 Monthly Board Report Revenue Expense Ridership Performance 4/2/2015 Table of Contents Section A Section B Section C Section D Section E Section F Section G Section H Section I Section

More information

VALLEY METRO RPTA FY18 Budget EXECUTIVE SUMMARY

VALLEY METRO RPTA FY18 Budget EXECUTIVE SUMMARY VALLEY METRO RPTA FY18 Budget EXECUTIVE SUMMARY FY18 ADOPTED ANNUAL OPERATING AND CAPITAL BUDGET Valley Metro Regional Public Transportation Authority (RPTA) provides public transportation services for

More information

METRO. Fiscal Year Monthly Performance Report. Revenue Expense Ridership Performance. May 2018 (Second Quarter Fiscal Year-to Date)

METRO. Fiscal Year Monthly Performance Report. Revenue Expense Ridership Performance. May 2018 (Second Quarter Fiscal Year-to Date) METRO Fiscal Year 2018 Monthly Performance Report Revenue Expense Ridership Performance (Second Quarter Fiscal Year-to Date) 6/12/2018 Table of Contents Section A Section B Section C Section D Section

More information

METRO. Fiscal Year 2013 Monthly Board Report. December 2012 (First Quarter Fiscal Year-to-Date)

METRO. Fiscal Year 2013 Monthly Board Report. December 2012 (First Quarter Fiscal Year-to-Date) METRO Fiscal Year 2013 Monthly Board Report Revenue Expense Ridership Performance (First Quarter Fiscal Year-to-Date) 1/14/2013 Table of Contents Section A Section B Section C Section D Section E Section

More information

METRO. Fiscal Year 2013 Monthly Board Report. January 2013

METRO. Fiscal Year 2013 Monthly Board Report. January 2013 METRO Fiscal Year 2013 Monthly Board Report Revenue Expense Ridership Performance 2/14/2013 Table of Contents Section A Section B Section C Section D Section E Section F Section G Section H Section I Section

More information

METRO. Fiscal Year 2014 Monthly Board Report. May 2014

METRO. Fiscal Year 2014 Monthly Board Report. May 2014 METRO Fiscal Year 2014 Monthly Board Report Revenue Expense Ridership Performance 7/11/2014 Table of Contents Section A Section B Section C Section D Section E Section F Section G Section H Section I Section

More information

ST. CLOUD METROPOLITAN TRANSIT COMMISSION St. Cloud, Minnesota AUDITED FINANCIAL STATEMENTS. For the Year Ended September 30, 2015

ST. CLOUD METROPOLITAN TRANSIT COMMISSION St. Cloud, Minnesota AUDITED FINANCIAL STATEMENTS. For the Year Ended September 30, 2015 ST. CLOUD METROPOLITAN TRANSIT COMMISSION St. Cloud, Minnesota AUDITED FINANCIAL STATEMENTS For the Year Ended TABLE OF CONTENTS BOARD OF COMMISSIONERS, ADMINISTRATION AND OTHER DATA... 1 INDEPENDENT AUDITOR

More information

Audit and Finance Subcommittee

Audit and Finance Subcommittee MEETING OF THE Audit and Finance Subcommittee MEETING DATE January 12, 2017 TIME LOCATION 12:00 p.m. Valley Metro 101 N. 1st Ave., 10th Floor Lake Mead Conference Room (10B) Phoenix, AZ 85003 VALLEY METRO

More information

Board Meeting Agenda

Board Meeting Agenda Board Meeting Agenda Nashville MTA Board Meeting Greater Nashville Regional Council Offices Metro Center 220 Athens Way, Suite 200, Nashville, TN 37228 Please note AUGUST meeting address! 2:30 p.m., Thursday,

More information

CITY OF SANTA MONICA, CALIFORNIA

CITY OF SANTA MONICA, CALIFORNIA Financial Statements and Required and Other Supplementary Information (with Independent Auditor s Reports Thereon) Table of Contents Independent Auditor s Report... 1 Management s Discussion and Analysis

More information

PORTAGE AREA REGIONAL TRANSIT AUTHORITY PORTAGE COUNTY AUDIT REPORT FOR THE YEAR ENDED DECEMBER 31, 2016

PORTAGE AREA REGIONAL TRANSIT AUTHORITY PORTAGE COUNTY AUDIT REPORT FOR THE YEAR ENDED DECEMBER 31, 2016 PORTAGE AREA REGIONAL TRANSIT AUTHORITY PORTAGE COUNTY AUDIT REPORT FOR THE YEAR ENDED DECEMBER 31, 2016 PORTAGE AREA REGIONAL TRANSIT AUTHORITY PORTAGE COUNTY DECEMBER 31, 2016 TABLE OF CONTENTS TITLE

More information

Audit and Finance Subcommittee

Audit and Finance Subcommittee MEETING OF THE Audit and Finance Subcommittee MEETING DATE February 9, 2017 TIME LOCATION 11:00 a.m. Valley Metro 101 N. 1st Ave., 10th Floor Lake Mead Conference Room (10B) Phoenix, AZ 85003 VALLEY METRO

More information

The Transit Authority of the City of Omaha FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS REPORT For the years ended December 31, 2014, and 2013

The Transit Authority of the City of Omaha FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS REPORT For the years ended December 31, 2014, and 2013 FINANCIAL STATEMENTS AND INDEPENDENT AUDITORS REPORT For the years ended December 31, 2014, and 2013 TABLE OF CONTENTS INDEPENDENT AUDITOR S REPORT 2-4 MANAGEMENT S DISCUSSION AND ANALYSIS 5-11 GENERAL

More information

Total Operating Activities for FY17 are $56.9 million, an increase of $5.1M or 9.8% from FY16.

Total Operating Activities for FY17 are $56.9 million, an increase of $5.1M or 9.8% from FY16. FY17 ADOPTED ANNUAL OPERATING AND CAPITAL BUDGET Valley Metro Rail, Inc. (VMR) is a public non-profit corporation whose members are the cities of Chandler, Glendale, Mesa, Phoenix, and Tempe. VMR plans,

More information

FINANCE/AUDIT COMMITTEE AGENDA October 25, :00 a.m. 12:00 a.m. Wellness Center SunLine Transit Agency Thousand Palms, CA

FINANCE/AUDIT COMMITTEE AGENDA October 25, :00 a.m. 12:00 a.m. Wellness Center SunLine Transit Agency Thousand Palms, CA FINANCE/AUDIT COMMITTEE AGENDA October 25, 2017 11:00 a.m. 12:00 a.m. Wellness Center SunLine Transit Agency Thousand Palms, CA Public Comments will be accepted on each Agenda item upon the conclusion

More information

OCTOBER FY Monthly Financial and Operational Report. Rhode Island Public Transit Authority

OCTOBER FY Monthly Financial and Operational Report. Rhode Island Public Transit Authority OCTOBER FY 2019 Monthly Financial and Operational Report Rhode Island Public Transit Authority Financial Summary As of September FY 2019 Year to Date Budget Actual Variance % Variance $ 32,562,540 $ 28,304,800

More information

CHICAGO TRANSIT AUTHORITY. FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION December 31, 2010 and 2009 (With Independent Auditors Report Thereon)

CHICAGO TRANSIT AUTHORITY. FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION December 31, 2010 and 2009 (With Independent Auditors Report Thereon) FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION (With Independent Auditors Report Thereon) Chicago, Illinois FINANCIAL STATEMENTS CONTENTS Independent Auditors Report... 1 Management s Discussion and

More information

Operating Budget. Third Quarter Financial Report (July 2005 March 2006)

Operating Budget. Third Quarter Financial Report (July 2005 March 2006) Third Quarter Financial Report (July 2005 March 2006) INDEX A. Executive Summary...page 2 B. Revenue and Expense Analysis...page 3 C. Budget Variance Reports...page 14 D. Ridership and Performance Measures...page

More information

Governor s FY 2016 Revised, FY 2017 and Capital Budget Recommendations House Finance Committee April 13, 2016

Governor s FY 2016 Revised, FY 2017 and Capital Budget Recommendations House Finance Committee April 13, 2016 Governor s FY 2016 Revised, FY 2017 and Capital Budget Recommendations House Finance Committee April 13, 2016 Quasi-public agency Established in 1964 Responsible: Fixed route bus service and Americans

More information

REGIONAL TRANSPORTATION DISTRICT, COLORADO AS OF DECEMBER 31, 2015

REGIONAL TRANSPORTATION DISTRICT, COLORADO AS OF DECEMBER 31, 2015 AS OF DECEMBER 31, RTD Active Fleet of the District Fixed Route Bus Fleet: Number RTD Owned- Fixed Route Buses 40' Transit Coaches 620 Articulated Buses 110 Intercity Coaches 175 Mall Shuttles 37 30' Transit

More information

REGIONAL TRANSPORTATION DISTRICT, COLORADO

REGIONAL TRANSPORTATION DISTRICT, COLORADO REGIONAL TRANSPORTATION DISTRICT, COLORADO Series 2004 Lease RTD Active Fleet of the District Fiscal Year Ended December 31, 2013 Fixed Route Bus Fleet Number RTD Owned Fixed Route Buses 40' Transit Coaches

More information

2019 MANAGEMENT & FINANCIAL PLAN

2019 MANAGEMENT & FINANCIAL PLAN INDIANAPOLIS PUBLIC TRANSPORTATION CORPORATION 2019 MANAGEMENT & FINANCIAL PLAN FISCAL YEAR JANUARY 1, 2019 THROUGH DECEMBER 31, 2019 INTRODUCED TO INDYGO BOARD: JULY 30, 2018 IndyGo Year 2019 INDIANAPOLIS

More information

Washington Metropolitan Area Transit Authority Metro Budget Overview

Washington Metropolitan Area Transit Authority Metro Budget Overview Washington Metropolitan Area Transit Authority Metro Budget Overview February 2011 Metro 10,877 Employees (10,974 budgeted) 1,491 Buses 588 Escalators and 237 Elevators 106 Miles of Track 92 Traction Power

More information

Executive Summary - Fiscal Year 2016 Valley Metro Rail Preliminary Annual Operating and Capital Budget

Executive Summary - Fiscal Year 2016 Valley Metro Rail Preliminary Annual Operating and Capital Budget Executive Summary - Fiscal Year 2016 Valley Metro Rail Preliminary Annual Operating and Capital Budget Valley Metro Rail, Inc. (VMR) is a public non-profit corporation whose members are the cities of Chandler,

More information

South Central Transit Authority. Financial Statements June 30, 2015

South Central Transit Authority. Financial Statements June 30, 2015 Financial Statements Table of Contents Page INDEPENDENT AUDITOR'S REPORT 1 and 2 MANAGEMENT'S DISCUSSION AND ANALYSIS 3 to 6 FINANCIAL STATEMENTS Statement of Net Position 7 Statement of Revenues, Expenses,

More information

Jefferson County Public Transportation Benefit Area (Jefferson Transit Authority)

Jefferson County Public Transportation Benefit Area (Jefferson Transit Authority) Financial Statements Audit Report Jefferson County Public Transportation Benefit Area (Jefferson Transit Authority) For the period January 1, 2016 through December 31, 2016 Published August 3, 2017 Report

More information

FY2018 Second Quarter Financial Update

FY2018 Second Quarter Financial Update Finance and Committee Information Item III-A February 8, 2018 Second Quarter Financial Update 4 of 52 Washington Metropolitan Area Transit Authority Board Action/Information Summary Action Information

More information

Whatcom Transportation Authority

Whatcom Transportation Authority Financial Statements Audit Report Whatcom Transportation Authority Whatcom County For the period January 1, 2016 through December 31, 2017 Published April 30, 2018 Report No. 1021200 April 30, 2018 Office

More information

New York City Transit Authority Consolidated Financial Statements Management s Discussion and Analysis December 31, 2004 and 2003

New York City Transit Authority Consolidated Financial Statements Management s Discussion and Analysis December 31, 2004 and 2003 New York City Transit Authority Consolidated Financial Statements Management s Discussion and Analysis Index Page(s) Independent Auditors Report... 1 Management s Discussion and Analysis... 2 12 Consolidated

More information

Transit Subsidy. Mission Statement. Mandates

Transit Subsidy. Mission Statement. Mandates Mission Statement The Potomac and Rappahannock Transportation Commission (PRTC) is a multi-jurisdictional agency representing Prince William, Stafford, and Spotsylvania Counties and the Cities of Manassas,

More information

Washington Metropolitan Area Transit Authority

Washington Metropolitan Area Transit Authority Washington Metropolitan Area Transit Authority Financial Report issued in Accordance with Government Auditing Standards For the Years Ended June 30, 2016 and 2015 Single Audit Reports issued in Accordance

More information

To: Board of Directors Date: December 21, 2017

To: Board of Directors Date: December 21, 2017 To: Board of Directors Date: December 21, 2017 From: Erick Cheung, Director of Finance Reviewed by: SUBJECT: FY 2017 Financial Audit Summary of Issues: The audit for FY 2017 has been completed and enclosed

More information

South Central Transit Authority

South Central Transit Authority Financial Statements and Supplementary Information For the Year Ended June 30, 2016 and the Six Month Period Ending June 30, 2015 Table of Contents Year Ended June 30, 2016 and the Six Month Period Ending

More information

Washington Metropolitan Area Transit Authority

Washington Metropolitan Area Transit Authority Washington Metropolitan Area Transit Authority Financial Report For the Fiscal Years Ended June 30, 2017 and 2016 Table of Contents Washington Metropolitan Area Transit Authority Financial Report For the

More information

CHATHAM AREA TRANSIT CHATHAM AREA TRANSIT AUTHORITY FINANCIAL REPORT

CHATHAM AREA TRANSIT CHATHAM AREA TRANSIT AUTHORITY FINANCIAL REPORT CHATHAM AREA TRANSIT CHATHAM AREA TRANSIT AUTHORITY FINANCIAL REPORT Years Ended June 30, 2017 and 2016 CHATHAM AREA TRANSIT AUTHORITY TABLE OF CONTENTS Pages FINANCIAL SECTION: Independent Auditor s Report

More information

NEW YORK CITY TRANSIT AUTHORITY. Consolidated Financial Statements. December 31, 2000 and (With Independent Auditors Report Thereon)

NEW YORK CITY TRANSIT AUTHORITY. Consolidated Financial Statements. December 31, 2000 and (With Independent Auditors Report Thereon) Consolidated Financial Statements (With Independent Auditors Report Thereon) 237 (Rev. 4/10/01 5:10 pm flr) Consolidated Financial Statements Table of Contents Page Independent Auditors Report... 1 Consolidated

More information

SUBURBAN MOBILITY AUTHORITY FOR REGIONAL TRANSPORTATION

SUBURBAN MOBILITY AUTHORITY FOR REGIONAL TRANSPORTATION FINANCIAL STATEMENTS For the Years Ended June 30, 2008 and 2007 FINANCIAL STATEMENTS For the Years Ended June 30, 2008 and 2007 BASIC FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION For the Years Ended

More information

CHICAGO TRANSIT AUTHORITY CHICAGO, ILLINOIS

CHICAGO TRANSIT AUTHORITY CHICAGO, ILLINOIS CHICAGO, ILLINOIS FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION Years Ended (With Independent Auditor s Report Thereon) Chicago, Illinois FINANCIAL STATEMENTS Years Ended TABLE OF CONTENTS Independent

More information

Governor s FY 2017 Revised, FY 2018 and Capital Budget Recommendations House Finance Committee April 12, 2017

Governor s FY 2017 Revised, FY 2018 and Capital Budget Recommendations House Finance Committee April 12, 2017 Governor s FY 2017 Revised, FY 2018 and Capital Budget Recommendations House Finance Committee April 12, 2017 Quasi-public agency Established in 1964 Responsible: Fixed route bus service and Americans

More information

This Page Intentionally Left Blank.

This Page Intentionally Left Blank. This Page Intentionally Left Blank. End- of-the Year Program Compliance Report FY 13-14 Page 2 MASS TRANSIT PROGRAM Compliance Report Summary Fiscal Year 2013-14 1. Did your agency receive Measure B Mass

More information

CITY OF SANTA MONICA, CALIFORNIA Big Blue Bus Fund (An Enterprise Fund of the City of Santa Monica) Financial Statements and Supplementary

CITY OF SANTA MONICA, CALIFORNIA Big Blue Bus Fund (An Enterprise Fund of the City of Santa Monica) Financial Statements and Supplementary Financial Statements and Supplementary Information Fiscal Years Ended June 30, 2018 and 2017 (With Independent Auditors Reports Thereon) Fiscal Years Ended June 30, 2018 and 2017 Table of Contents Page

More information

Central Puget Sound Regional Transit Authority

Central Puget Sound Regional Transit Authority Central Puget Sound Regional Transit Authority Single Audit Reports for the Year Ended December 31, 2013 TABLE OF CONTENTS Audited Financial Statements Management s Discussion and Analysis...1 Independent

More information

QUALITY TRANSPORTATION SUMMARY

QUALITY TRANSPORTATION SUMMARY QUALITY TRANSPORTATION SUMMARY Quality Transportation Overview... 126 Department of Transportation... 127 Traffic Field Operations... 129 Winston-Salem Transit Authority... 131 Quality Transportation Non-Departmental...

More information

Jul Aug Sept Oct Nov Dec Jan Feb Mar Apr May Jun

Jul Aug Sept Oct Nov Dec Jan Feb Mar Apr May Jun REVENUE AND RIDERSHIP 4th Quarter FY2014 REVENUE (in Millions) $90M $85M $80M $75M $70M $65M $60M $55M $50M 79 77 74 74 72 70 FY2013 Actual FY2014 Budget FY2014 Actual 79 85 78 78 77 67 66 70 59 67 65

More information

Metropolitan Transportation Authority (A Component Unit of the State of New York)

Metropolitan Transportation Authority (A Component Unit of the State of New York) Metropolitan Transportation Authority (A Component Unit of the State of New York) Consolidated Financial Statements as of and for the Years Ended December 31, 2016 and 2015 Required Supplementary Information,

More information

For purposes of the April 28, 2017 filing of MTA s Combined Continuing Disclosure Filings, the

For purposes of the April 28, 2017 filing of MTA s Combined Continuing Disclosure Filings, the MTA EMMA Filing Combined Continuing Disclosure Filings 2017 Filing For purposes of the April 28, 2017 filing of MTA s Combined Continuing Disclosure Filings, the financial statements for MTA, MTA New York

More information

CHICAGO TRANSIT AUTHORITY. FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION December 31, 2011 and 2010 (With Independent Auditors Report Thereon)

CHICAGO TRANSIT AUTHORITY. FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION December 31, 2011 and 2010 (With Independent Auditors Report Thereon) FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION (With Independent Auditors Report Thereon) Chicago, Illinois FINANCIAL STATEMENTS CONTENTS Independent Auditors Report... 1 Management s Discussion and

More information

Public Transportation

Public Transportation Municipal Manager Marketing & Customer Service Program Planning Transit Planning Para Transit Services Transit Operations & Maintenance Transit Operations Vehicle Maintenance Non-Vehicle Maintenance PT

More information

2017 TRANSIT DEVELOPMENT PLAN PROGRESS REPORT

2017 TRANSIT DEVELOPMENT PLAN PROGRESS REPORT LAKE COUNTY TRANSIT DIVISION P.O. Box 7800, Tavares, Florida 32778 2440 U.S. Highway 441/27, Fruitland Park, Florida 34731 Telephone: 352.323.5733; Facsimile: 352.323.5755 www.ridelakexpress.com 2017 TRANSIT

More information

FY2017 Year-End Financial Update

FY2017 Year-End Financial Update Finance Committee Information Item III-A September 14, 2017 FY2017 Year-End Financial Update Washington Metropolitan Area Transit Authority Board Action/Information Summary Action Information MEAD Number:

More information

Public Transportation

Public Transportation Municipal Manager Marketing & Customer Service Program Planning Transit Operations & Maintenance Transit Planning Transit Operations Para Transit Services Vehicle Maintenance Non-Vehicle Maintenance PT

More information

St. Cloud Metropolitan Transit Commission St. Cloud, Minnesota. Financial Statements. September 30, 2017

St. Cloud Metropolitan Transit Commission St. Cloud, Minnesota. Financial Statements. September 30, 2017 St. Cloud Metropolitan Transit Commission St. Cloud, Minnesota Financial Statements September 30, 2017 Table of Contents Board of Commissioners, Administration, and Other Data 1 Independent Auditor's Report

More information

St. Cloud Metropolitan Transit Commission St. Cloud, Minnesota. Financial Statements. September 30, 2016

St. Cloud Metropolitan Transit Commission St. Cloud, Minnesota. Financial Statements. September 30, 2016 St. Cloud Metropolitan Transit Commission St. Cloud, Minnesota Financial Statements September 30, 2016 Table of Contents Board of Commissioners, Administration and Other Data 1 Independent Auditor's Report

More information

VALLEY METRO RAIL FY18 Budget EXECUTIVE SUMMARY

VALLEY METRO RAIL FY18 Budget EXECUTIVE SUMMARY VALLEY METRO RAIL FY18 Budget EXECUTIVE SUMMARY FY18 ADOPTED ANNUAL OPERATING AND CAPITAL BUDGET Valley Metro Rail, Inc. (VMR) is a public non-profit corporation whose members are the cities of Chandler,

More information

FORT WORTH TRANSPORTATION AUTHORITY

FORT WORTH TRANSPORTATION AUTHORITY FINANCIAL REPORT SEPTEMBER 30, 2010 C O N T E N T S INDEPENDENT AUDITOR'S REPORT... 1 MANAGEMENT'S DISCUSSION AND ANALYSIS... 3 Page BASIC FINANCIAL STATEMENTS Statements of Net Assets... 8 Statements

More information

Chapel Hill Transit Strategic and Financial Sustainability Plan Update

Chapel Hill Transit Strategic and Financial Sustainability Plan Update Chapel Hill Transit Strategic and Financial Sustainability Plan Update ACT January 21, 2015 Today s Agenda Overview of Chapel Hill Transit Performance Overview Funding Overview Key Challenges Overview

More information

RHODE ISLAND PUBLIC TRANSIT AUTHORITY (A COMPONENT UNIT OF THE STATE OF RHODE ISLAND) COMPREHENSIVE ANNUAL FINANCIAL REPORT

RHODE ISLAND PUBLIC TRANSIT AUTHORITY (A COMPONENT UNIT OF THE STATE OF RHODE ISLAND) COMPREHENSIVE ANNUAL FINANCIAL REPORT (A COMPONENT UNIT OF THE STATE OF RHODE ISLAND) COMPREHENSIVE ANNUAL FINANCIAL REPORT For the Fiscal Year Ending June 30, 2015 Prepared by: Department of Finance Karen DiLauro, Executive Director of Finance

More information

Capital Metropolitan Transportation Authority Monthly Performance & Financial Report For Period Ending October 31, 2012 Soft Close

Capital Metropolitan Transportation Authority Monthly Performance & Financial Report For Period Ending October 31, 2012 Soft Close Capital Metropolitan Transportation Authority Monthly Performance & Financial Report For Period Ending October 31, 2012 Soft Close Table of Contents SUMMARY REPORT Financial Performance -Sales Tax 3 -Other

More information

Metropolitan Transportation Authority (A Component Unit of the State of New York)

Metropolitan Transportation Authority (A Component Unit of the State of New York) (A Component Unit of the State of New York) Independent Auditors Review Report as of and for the Six-Month Period Ended June 30, 2018 Table of Contents INDEPENDENT AUDITORS REVIEW REPORT 3 MANAGEMENT S

More information

~ NOTICE OF MEETING ~ CAPITAL METROPOLITAN TRANSPORTATION AUTHORITY BOARD OF DIRECTORS MEETING

~ NOTICE OF MEETING ~ CAPITAL METROPOLITAN TRANSPORTATION AUTHORITY BOARD OF DIRECTORS MEETING ~ NOTICE OF MEETING ~ CAPITAL METROPOLITAN TRANSPORTATION AUTHORITY BOARD OF DIRECTORS MEETING 2910 East Fifth Street Austin, TX 78702 ~ AGENDA ~ Executive Assistant/Board Liaison Gina Estrada 512-389-7458

More information

Audit Presentation. May 25, Donna M. Gonser, CPA Christa L. Kopacz, CPA

Audit Presentation. May 25, Donna M. Gonser, CPA Christa L. Kopacz, CPA Audit Presentation May 25, 2012 Donna M. Gonser, CPA Christa L. Kopacz, CPA 403 Main St., Suite 430 Buffalo, NY 14203 716-856-3300 www.lumsdencpa.com 0 Engagement Scope Audit Scope and Reports Financial

More information

Financial Report - FY 2017 Year to Date May 31, 2017

Financial Report - FY 2017 Year to Date May 31, 2017 Financial Report - FY 2017 Year to Date July 19, 2017 1 Major Highlights Revenue Sales tax remittances received through YTD April 2017 are 4.2% higher than YTD April 2016 Plaza Saltillo lease income budgeted

More information

Whatcom Transportation Authority

Whatcom Transportation Authority Whatcom Transportation Authority Annual Budget 12/14/2017 This Page Intentionally Left Blank Whatcom Transportation Authority (WTA) Annual Budget Table of Contents General Manager s Budget Message... 2

More information

METRO. Monthly Board Report. June 2006

METRO. Monthly Board Report. June 2006 METRO Monthly Board Report Operating Capital Service Performance June 26 7/17/26 June 26 MONTHLY BOARD REPORT INDEX Section A Section B Section C Section D Section E Section F Section G Operating Budget

More information

CITY OF SANTA MONICA, CALIFORNIA Big Blue Bus Fund (An Enterprise Fund of the City of Santa Monica) Basic Financial Statements and Required and Other

CITY OF SANTA MONICA, CALIFORNIA Big Blue Bus Fund (An Enterprise Fund of the City of Santa Monica) Basic Financial Statements and Required and Other Basic Financial Statements and Required and Other Supplementary Information (with Independent Auditor s Reports Thereon) This page intentionally left blank Table of Contents Independent Auditor s Report...

More information

Transit Development Plan And 2013 Annual Report. Asotin County PTBA

Transit Development Plan And 2013 Annual Report. Asotin County PTBA Transit Development Plan 2014-2019 And 2013 Annual Report Asotin County PTBA Date of Public Hearing: September 10, 2014 Table of Contents Section I: Organization... 3 Section II: Physical Plant... 4 Section

More information

3 RD QUARTER 2017 QUARTERLY FINANCIAL AND PERFORMANCE REPORT

3 RD QUARTER 2017 QUARTERLY FINANCIAL AND PERFORMANCE REPORT 3 RD QUARTER 2017 QUARTERLY FINANCIAL AND PERFORMANCE REPORT November 2017 0 3 rd Quarter 2017 Financial and Performance Report Table of Contents Executive Summary... 2 Environmental Factors... 4 Ridership...

More information

WORCESTER REGIONAL TRANSIT AUTHORITY (A Component Unit of the Massachusetts Department of Transportation) Financial Statements And Supplementary

WORCESTER REGIONAL TRANSIT AUTHORITY (A Component Unit of the Massachusetts Department of Transportation) Financial Statements And Supplementary Financial Statements And Supplementary Information For The Year Ended June 30, 2018 And Independent Auditors Report Financial Statements and Supplementary Information For The Year Ended June 30, 2018 And

More information

To: Board of Directors Date: December 7, 2015

To: Board of Directors Date: December 7, 2015 To: Board of Directors Date: December 7, 2015 From: Kathy Casenave, Director of Finance Reviewed by: SUBJECT: FY 2015 Financial Audit Summary of Issues: The audit for FY 2015 has been completed and enclosed

More information

Governor s FY 2018 Revised, FY 2019 and Capital Budget Recommendations House Finance Committee April 12, 2018

Governor s FY 2018 Revised, FY 2019 and Capital Budget Recommendations House Finance Committee April 12, 2018 Governor s FY 2018 Revised, FY 2019 and Capital Budget Recommendations House Finance Committee April 12, 2018 Quasi-public agency Established in 1964 Responsible: Fixed route bus service and Americans

More information

May 31, 2016 Financial Report

May 31, 2016 Financial Report 2016 May 31, 2016 Financial Report Capital Metropolitan Transportation Authority 7/13/2016 Table of Contents SUMMARY REPORTS Budgetary Performance - Revenue 2 - Sales Tax Revenue 6 - Operating Expenses

More information

Central Puget Sound Regional Transit Authority

Central Puget Sound Regional Transit Authority Central Puget Sound Regional Transit Authority Single Audit Reports for the Year Ended December 31, 2014 TABLE OF CONTENTS Audited Financial Statements Management s Discussion and Analysis... 1 Independent

More information

Financial Statements of ST. JOHN S TRANSPORTATION COMMISSION

Financial Statements of ST. JOHN S TRANSPORTATION COMMISSION Financial Statements of ST. JOHN S TRANSPORTATION COMMISSION Table of Contents Statement of Responsibility 1 Page Independent Auditor s Report 2 Statement of Operations and Accumulated Surplus 3 Statement

More information

CHAMPAIGN-URBANA MASS TRANSIT DISTRICT Urbana, Illinois FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION YEARS ENDED JUNE 30, 2016 AND 2015

CHAMPAIGN-URBANA MASS TRANSIT DISTRICT Urbana, Illinois FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION YEARS ENDED JUNE 30, 2016 AND 2015 CHAMPAIGN-URBANA MASS TRANSIT DISTRICT Urbana, Illinois FINANCIAL STATEMENTS AND SUPPLEMENTARY INFORMATION YEARS ENDED JUNE 30, 2016 AND 2015 TABLE OF CONTENTS PAGE INDEPENDENT AUDITORS REPORT... 1-3 MANAGEMENT'S

More information

CITY OF SANTA MONICA, CALIFORNIA Big Blue Bus Fund (An Enterprise Fund of the City of Santa Monica) Basic Financial Statements and Required and Other

CITY OF SANTA MONICA, CALIFORNIA Big Blue Bus Fund (An Enterprise Fund of the City of Santa Monica) Basic Financial Statements and Required and Other Basic Financial Statements and Required and Other Supplementary Information (with Independent Auditor s Reports Thereon) Table of Contents Independent Auditor s Report... 1 Management s Discussion and

More information