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HomeMy WebLinkAbout11-20-2024 Paducah Transit Authority Board of Directors Meeting Minutes November 20, 2024 CALL TO ORDER The monthly meeting of the Paducah Transit Authority (PTA) was called to order by Board Chair – Chip Cox at 3:03p.m. Members present were Tommy Whittemore, Chip Bohle, Mary Byrne, and Patrick White. Exec. Director – Jeremi Bumpus, CFO-Samantha Sanders, and Chuck Simpson HR Director/Secretary to the Board Public Comments: N/A REVIEW OF MINUTES Following the review of the October, 2024 minutes Mr. Chip Bohle made a motion to accept the October meeting minutes. Mr. Tommy Whittemore moved to second the motion and it passed with all members voting yes. REVIEW OF BANK STATEMENTS – cc charges, vendor payments, P&L, and Balance Sheet: The complete updated reviews for period ending October 31st were conducted by Board Chair Chip Cox and Executive Director – Jeremi Bumpus. Each cash account statement ending 10/31/24 had been reviewed and initialed. The credit card charges were then reviewed followed by vendor payments. Jeremi then informed the Board that the impact to the P&L is a reflection of the new cutaway van that was recently delivered and the reimbursement request has also been submitted to KY-OTD. Following the completion of the reviews Mr. Chip Bohle made a motion to approve the reconciliation and review of expenses. Ms. Mary Byrne 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 October ridership noting the total fixed route ridership for the month = 13,369 the 1 p.m., time frame had the most riders for the month. The most utilized route was the blue line Total combined ridership for the month was 18,336. Total combined operating expenses = $298,579.55 and total farebox = $22,222.77. Federal funds expended =$50,209.00 There were no incidents or vehicle accidents to report for October. OLD BUSINESS Legal Update – potential lawsuit pending per Glenn Denton. Jeremi noted that as a precautionary measure the Board should commit to reviewing the By Laws annually. It was also reported that Jeremi and Office Manager – Angel Bailey are scheduled to be deposed on November 26th. Compliance Review – complete, no findings, letter from KY-OTD presented to the Board. Audit – almost complete, auditors simply waiting on updated contract information from Route Match to complete the audit. NEW BUSINESS FY25 5311 Funding – remains in effect until the transition to 5307 funding is initiated. Holiday Meal – the Board was informed of the December 12th event and invited to stop by the office. Next Board Meeting: December 18th at 3p.m. Adjourn – Ms. Mary Byrne motioned to adjourn the meeting and Mr. Patrick White moved to second the motion. Meeting adjourned.