Loading...
HomeMy WebLinkAbout05-15-2024 Paducah Transit Authority Board of Directors Meeting Minutes May 15, 2024 CALL TO ORDER The monthly meeting of the Paducah Transit Authority (PTA) was called to order by Vice Chair – Tommy Whittemore at 3:04p.m. Members present were Mark Davis, Bryan Carner, Joe Benberry, and Patrick White. Exec. Director – Jeremi Bumpus, CFO-Samantha Sanders, and Chuck Simpson HR Director/Secretary to the Board Vice Chair – Tommy Whittemore led the Board in reciting the Pledge of Allegiance Public Comments: N/A Formal introduction of new board member – Joe Benberry and Jim LeFever – MPO Coordinator. REVIEW OF MINUTES Following the review of the April, 2024 minutes Mr. Mark David made a motion to accept the April meeting minutes. Mr. Patrick White 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 the April ridership noting that the 1p.m., time frame had the most riders for the month. The most utilized route was the blue line. Total fixed route ridership for the month = 15,066, and total D&R transports = 4,539. Total combined operating expenses = $269,354.17 and total farebox = $20,035.54. YTD expenses = $3,341,315.74, farebox = $$206,188.21 and total trips = 176,030. Review of Statistical and Financial Reports The Board was provided with a summary review of the April cash flow forecast noting the year end forecast was projected to be at $4.2 million. Jeremi then provided a P&L and balance sheet review. Jeremi informed the Board that per KY-OTD policy change pertaining to the sale of retired vehicles the balance sheet displayed a $96,000 change as the fund were removed from capital equipment account and deposited to the general fund. A review of the vendor payment summary was then provided for board discussion. Following the presentation and discussion Mr. Bryan Carner 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 N/A NEW BUSINESS MPO Update: Mr. LeFever provided an overview the newly formed MPO and the upcoming impact to being declared an urbanized region. There are nine members named to the MPO, funding is to be 80% Federal, 5% from State Government, and 15% from county government. PATS will be a direct recipient of 5307 funds instead of going through KY-OTD. The MPO is to develop a 25 year plan and will be working with a consulting engineer to complete that process. FY23 Audit Report: Jeremi reported that there were no findings/ issues with the annual FY23 Audit Report. KACO Update: the board was informed that the spouse of a former client that is now deceased may pursue legal action in an effort to demonstrate that a transportation accident involving the client was a contributing factor in the recent death of the former client. Performance Pay Program Proposal: Jeremi and Samantha provided an overview of the criteria/performance metrics such as attendance, specific trackable performance measures, and the related financial incentives designed to lead to increased, more efficient performance for the drivers, hourly office staff, and specialized staff positions. The proposed program will contain base pay plus the resulting payout of measured incentives achieved. Following the discussion Jeremi asked for Board approval of the proposed program. Mr. Bryan Carner made a motion to approve pending adjustments to the prepared program definitions. Mr. Patrick White moved to second the motion and it passed with all members voting yes. Review of the April Bank Reconciliation: The complete updated reviews were conducted by Board Member Bryan Carner and Executive Director – Jeremi Bumpus. Each cash account statement ending 4/30/24 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 Mr. Bryan Carner made a motion to approve the reconciliation and credit card expenses. Mr. Mark Davis moved to second the motion and it passed with all members voting yes. Next Board Meeting: June 19th at 3p.m. Adjourn – Mr. Mark Davis motioned to adjourn the meeting and Mr. Bryan Carner moved to second the motion. Meeting adjourned.