HomeMy WebLinkAbout01-15-2025 Minutes Paducah Transit Authority Board of Directors Meeting Minutes January 15, 2025 CALL TO ORDER The monthly meeting of the Paducah Transit Authority (PTA) was called to order by Vice Chair – Tommy Whittemore at 3p.m. Members present were Bryan Carner, Patrick White, Mark Davis, Chip Bohle, Mary Byrne, and Joe Benberry. 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 December, 2024 minutes Ms. Mary Byrne made a motion to accept the November meeting minutes. Mr. Patrick White 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 December 31st were conducted by board member Bryan Carner and Executive Director – Jeremi Bumpus. Each cash account statement ending 12/31/24 had been reviewed and initialed. Mr. Bumpus then directed the board to page 14 of the packet to provide a brief review of the P&L pointing out the various increases and decreases pertaining to the Federal operating match, vehicle repairs/seeking insurance reimbursement for damages to PATS. The recent Route Match expenses and the new security key fob activated employee gate entry were also reviewed.. The credit card charges were then reviewed followed by vendor payments. Following the completion of the reviews Mr. Mark Davis made a motion to approve the reconciliation and review of expenses. Mr. Bryan Carner moved to second the motion and it passed with all members voting yes. MANAGER’S REPORT – Jeremi Bumpus Review of Ridership, Cashflow Forecast and Monthly Summary Mr. Bumpus directed the board to page 19 of the packet and provided the updated summary review of the current cashflow forecast noting the present balance was at $3.6 million with a projected year end balance of $2.8 million based on current information. . The board was then provided with an overview of the December ridership noting the new software being utilized provided totals only at present but he will soon be able to resume providing a break out review of fixed route and D&R data. The total fixed route ridership for the month = 11,760 and the total D&R ridership for the month was 3,200. Total combined operating expenses = $317,893.45 and total farebox = $13,343.03. Total contract revenue = $132,421.42 There were no incidents or vehicle accidents to report for December. OLD BUSINESS Bus route/transit study still ongoing, nothing new to report at this time. Legal Update: Miller Trailways case with KY-OTD is going to mediation scheduled for March 11, 2025. Burkeen case scheduled for mediation on January 24, 2025. Jones case regarding Medicaid broker assigned transportation and the complaint filed with the Department of Health and Human Services is at the beginning stages. The claimant failed to show at the initial meeting. The case will be going to mediation. NEW BUSINESS N/A Next Board Meeting: February 19, 2025 at 3p.m. Adjourn – Mr. Bryan Carner motioned to adjourn the meeting and Mr. Mark Davis moved to second the motion. Meeting adjourned.