HomeMy WebLinkAbout01-17-2024
Paducah Transit Authority
Board of Directors Meeting
Minutes January 17, 2024
CALL TO ORDER
The monthly meeting of the Paducah Transit Authority (PTA) was called to order by Board Member – Mark Davis at 3:04p.m. Members present were Chip Bohle, Bryan Carner, Mary Byrne, and
Patrick White. Exec. Director – Jeremi Bumpus, CFO-Samantha Sanders, Accounting Clerk – Bridgette Tabers, and Chuck Simpson HR Director/Secretary to the Board
Board Member – Mark Davis led the Board in reciting the Pledge of Allegiance
Public Comments: N/A
REVIEW OF MINUTES
Following the review of the December 2023 minutes Mr. Chip Bohle made a motion to accept the December meeting minutes. Mr. Mark Davis moved to second the motion and it passed with all
members voting yes.
MANAGER’S REPORT – Jeremi Bumpus
Ridership Statistics
.
Mr. Bumpus provided an overview of ridership for December beginning with a fixed route transport total of 11,465 passengers for the month. The most utilized time frame was 11 a.m.,
followed by the 12p.m. The most utilized route for November was the 11a.m., yellow line followed by the 12p.m., blue line. Per Board Chair request Jeremi provided the prior year comparison
noting last year at this time 9,743 fixed riders. The comparison revealed a 17.6% increase in ridership for December 2023.
Total combined operating expenses = $327,587.87
Contract revenue received = $156,679.23 / contract revenue expended = $148,958.00
Farebox revenue received = $21,951.16
Jeremi then provided a revue of expenses YTD along with revenue received and total ridership.
There were no vehicle accidents to report for December
Review of Statistical and Financial Reports
The Board was directed to the cash flow forecast. Jeremi noted that currently PATS was at $3.8 million and current projections indicated a fiscal year end at $3.2 million. The YTD
P&L Fed Operating indicated a 73% decrease which reflected the fact that the 100% CARES funding had ended. Advertising had increased reflecting the addition of three organizations
now utilizing bus wraps. Following the presentation and discussion Mr. Bryan Carner made a motion to approve the statistical and financial report. Mr. Patrick White moved to second
the motion and it passed with all members voting yes.
OLD BUSINESS
There were no old business items for the January 2024 agenda.
NEW BUSINESS
Annual Board Review of Procurement Policy and Title VI Policy: Jeremi informed the Board of the necessity for the annual review requirement and during each review pointed out that there
had been no changes or revisions at this time. Following the review and discussion of each policy Mr. Chip Bohle made a motion to approve the Procurement and Title VI policies. Mr.
Bryan Carner moved to second the motion and both policies were approved/passed with all members voting yes.
Utilization Analysis: Current workforce demographics review based on latest US Census data. Jeremi provided an overview of the ethnic and gender diversity at PATs as it compares to
the census data for our region.
MPO Meeting: First official meeting January 25th at the KYTC District Office. PATS is to be first on the agenda to accommodate direct access to the 5307 funding process.
5311 Grant Application: begins February 1st, Jeremi will primarily be working with Samantha to prepare and eventually submit the FY25 budget.
Annual Chamber Dinner – January 26th
Board Vacancy: Zach Hosman recently resigned and by request, Jeremi met with Mayor Bray and in summary was encouraged to seek out a new Board Member to recommend to the Mayor for consideration.
Review of the December Bank Reconciliation: The complete updated reviews were conducted by Board Member – Bryan Carner and Executive Director – Jeremi Bumpus. Each cash account statement
ending 12/31/23 had been reviewed and initialed. The credit card charges and vendor summary were then reviewed. Following the completion of the reviews Mr. Chip Bohle made a motion
to approve the reconciliation, credit card and vendor expenses. Ms. Mary Byrne moved to second the motion and it passed with all members voting yes.
Next Board Meeting: February 21, 2024 at 3p.m.
Adjourn – Ms. Mary Byrne motioned to adjourn the meeting and Mr. Chip Bohle moved to second the motion. Meeting adjourned.