HomeMy WebLinkAbout04-17-2024
Paducah Transit Authority
Board of Directors Meeting
Minutes April 17, 2024
CALL TO ORDER
The monthly meeting of the Paducah Transit Authority (PTA) was called to order by Board Chair – Chip Cox at 3p.m. Members present were Tommy Whittemore, Chip Bohle, Mary Byrne, and
Mark Davis. Exec. Director – Jeremi Bumpus, CFO-Samantha Sanders, and Chuck Simpson HR Director/Secretary to the Board
Board Chair – Chip Cox led the Board in reciting the Pledge of Allegiance
Public Comments: N/A
REVIEW OF MINUTES
Following the review of the March, 2024 minutes Mr. Tommy Whittemore made a motion to accept the March meeting minutes. Mr. Chip Bohle 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 March ridership noting that the 11a.m., and 12p.m., time frame had the most riders for the month. The most utilized routes were the yellow line followed
by the blue line. Total fixed route ridership for the month = 14,094, and total D&R transports = 4,580. Total combined operating expenses = $259,030.02 Federal operating funds expended
= $118,230.00, and contract revenue = $119,719.67 YTD expenses = $3 million, contract revenue = $1.1 million, and a combined YTD 156,425 trips provided. There were two reportable
accidents for the month of March.
Review of Statistical and Financial Reports
The Board was provided with a summary review of the March cash flow forecast noting the year end forecast was projected to be at $3.9 million. Jeremi then provided a P&L and balance
sheet review. Jeremie stated that the admin expense item 60100 in capital equipment was for the recent replacement of shop equipment, tire change and wheel balance machines had to
be replaced. Misc income item 93900 received $600 for vehicle recall manufacturer horsepower mis-statement. Advertising expense item 96100 had increased to the recent advertisements
primarily with the Paducah Sun & WPSD for the public hearings and now for the advertising for additional driver job openings. The vendor payment summary was then reviewed. It was noted
that there was a misprint on the balance sheet and should have been dated March 31, 2024. Following the presentation and discussion Ms. Mary Byrne made a motion to approve the statistical
and financial report. Mr. Mark Davis moved to second the motion and it passed with all members voting yes.
OLD BUSINESS
New Board Member – Joe Benberry to be introduced in the May Board meeting.
NEW BUSINESS
Quilt Week: next week April 23rd through April 27th PATS will begin with one trolley then add the second trolley beginning Wednesday through Friday and drop back to one trolley on Saturday
as the quilt show wraps up on Saturday.
MPO: Unified Planning Work Program – copy of document provided to the Board for review and discussion. The document had been prepared by the City of Paducah for public review of how
the Federal funds are to be utilized for various infrastructure related expenditures.
Capital Funds Awarded: KY-OTD awarded PATS with $140,533 for vehicle acquisition. It was then noted that the current base price for a new cutaway van is $111,332.
Review of the March Bank Reconciliation: The complete updated reviews were conducted by Board Chair Chip Cox and Executive Director – Jeremi Bumpus. Each cash account statement ending
3/31/24 had been reviewed and initialed. The credit card charges were then reviewed. It was also noted that the vendor summary had previously been reviewed as part of the Manager’s
Report. Following the completion of the reviews Ms. Mary Byrne made a motion to approve the reconciliation and credit card expenses. Mr. Chip Bohle moved to second the motion and
it passed with all members voting yes.
Next Board Meeting: May 15, 2024 at 3p.m.
Adjourn – Mr. Mark Davis motioned to adjourn the meeting and Mr. Tommy Whittemore moved to second the motion. Meeting adjourned.