HomeMy WebLinkAbout10-15-2025
Paducah Transit Authority
Board of Directors Meeting
Minutes October 15, 2025
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 Vice Chair Tommy Whittemore, Mark Davis, Patrick
White, Leigh Ann Ballegeer, Laura Grumley, and Joe Benberry. 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 September, 2025 minutes Mr. Tommy Whittemore made a motion to accept the September meeting minutes. Mr. Mark Davis moved to second the motion and it passed
with all members voting yes.
REVIEW OF BANK STATEMENTS – credit card charges, vendor payments:
The complete updated reviews for periods ending September 30, 2025 were conducted by Board Chair- Chip Cox and Executive Director – Jeremi Bumpus. Each cash account statement for September,
2025 had been reviewed and initialed. Board members then reviewed the P&L, Balance Sheet, Credit Card Charges, and Vendor Payments. Following the completion of the reviews Mr. Mark
Davis made a motion to approve the reconciliation and review of expenses. Mr. Tommy Whittemore moved to second the motion and it passed with all members voting yes.
MANAGER’S REPORT – Jeremi Bumpus
Review of Monthly Summary, Ridership, and Cash Forecast (P&L)
Total operating expenses = $315,506.99 and total farebox = $14,459.82. Total contract revenue = $108,255.82, total Federal funds expended = $178,981.00 and total local funds expended
= $122,066.17. There were no incidents or vehicle accidents to report for the October meeting.
The total combined ridership for August = 15,740. Total Fixed Route = 11,633, the most utilized route for the month was the blue line, and the most ridership for the month occurred
during the 11a.m., run.
The cash flow forecast is currently projected to be $2.9 million at the fiscal year end. The money market account has a present yield of 3% and Samantha provided a review of the monthly
allowed amount to be transferred to the account along with current balance.
Old Business
Annual Compliance Review - KY-OTD site visit scheduled for November 4th, paperwork
already submitted for OTD review.
Annual NTD Report - submitted, response will be delayed due to government shut down.
New Business
FTA 5307 Approval – PATS has transitioned from rural to small urban due to the most
recent population census. The paperwork was submitted in September and approved.
5307 funding will be provided directly to PATS through the Regional FTA office and
while transitioning to 5307 funding, the remaining 5311 funds will continue to be
distributed through KY-OTD.
Fixed Route Bus Stops – went live as of today, brochures available to the public were
also provided to the Board for informational purposes and review of the “MyRide App”.
Next Board Meeting: November 19, 2025 at 3p.m.
Adjourn – Ms. Leigh Ann Ballegeer motioned to adjourn the meeting and Mr. Mark Davis moved to second the motion. Meeting adjourned.