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HomeMy WebLinkAbout12-20-2023Paducah Transit Authority Board of Directors Meeting Minutes December 20, 2023 G31s'�LPC VIED' JAN 19 2024 -CITY CLERK 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 Mark Davis, Chip Bohle, Mary Byrne, Patrick White, and Bryan Carrier. Exec. Director — Arthur Boykin, Assistant Director Jeremi Bumpus, and Chuck Simpson FIR 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 November 2023 minutes Mr. Bryan Carrier made a motion to accept the November 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 ridership for November beginning with fixed route transports noting that the most utilized time frame was 9a.m., followed by the 12p.m., station departures and a monthly total of 11, 953 passengers. The most utilized route for November was the l la.m., yellow line followed by the 10a.m., green line. There was a combined D&R / Fixed route total of 90,457 riders for the month. Total combined operating expenses = $344,898.64 Contract revenue received = $145,529.82 / contract revenue expended = $145,529.72 Federal operating expended = $179,506 / Total unlinked passenger trips = 16,550 YTD fiscal expenditures = $1.9 million / contract revenue received = $752,870.67 Federal funds expended = $696,321 / contract revenue expended = $1.1 million Review of Statistical and Financial Reports • The Board was directed to review page 6 to review the cash flow forecast. Jeremi noted that currently PATS was at $3.7 million and current projections indicated a fiscal year end at $3.5 million. The YTD P&L indicated a 76% change in funding support which reflected the fact that the 100% funding had ended. YTD vehicle parts expense was at $53,000 vs. $19,00 last year due to current policy of maintaining current fleet until new vehicle become available for public transit agencies. Contract services, specifically accounting fees, was now at $15,000 vs. $31,000 reflecting the hiring and utilization of PATS accountant — Samantha Sanders. Advertising revenue was now at $41,000 vs. $18,000, reflecting the addition of new clients. Following the presentation and discussion Mr. Mark Davis made a motion to approve the statistical and financial report. Mr. Patrick White moved to second the motion and it passed with all members voting yes. 1 OLD BUSINESS 1. Fiscal 23 Audit — complete, submitted and forwarded to the clearinghouse. 2. MPO — November meeting results: good meeting and moving forward the PADD office will act as the host site for the upcoming monthly meetings. 3. Authorizing Resolution — formal acknowledgement of Jeremi Bumpus as new PATS Executive Director. The Board was informed that in addition to the announcement provided by the Board Personnel Committee formal board approval with basic details would be required. NEW BUSINESS 1 New Executive Director Board Resolution: Mr. Chip Bohle announced that Jeremi Bumpus had formally accepted the position of Executive Director as of December 15, 2023. The annual salary of $90,000 with current/standard benefits as defined in the PATS personnel manual is to be made effective as of December 31,2023. Jeremi will completely assume the responsibilities of Executive Director effective January 4, 2024. Following the Board discussion Mr. Chip Bohle motioned to approve the resolution. Mr. Patrick White moved to second the motion and it passed with all members voting yes. 2 Miller Meeting with KYOTD & Attorneys: In summary the State informed Miller that the 2019 contract was not fulfilled. PATS had provided documentation to Miller as of November 2019 regarding the line -item budget. PATS received no further invoices from Miller to forward on to the State for reimbursement. Miller claims to have continued the service, however, there is no evidence that a contract had been offered to Miller for continuation of services. No further line -item budgets were issued by KY OTD to PATS and to Miller. Jeremi stated that he will keep the Board informed as to the outcome of Millers attempt to obtain funding from KYOTD. 3 Medicaid Rate Changes: The Board was informed that effective January 1, 2024 the post COVID Medicaid rates will be reduced, reflecting the more traditional rate structure. Per mile will go from $3.12 to $2.71. 15107 pick up will go from $18.90 to $16.44. 15108 pickup will go from $47.25 to $41.11. The changes represent a 13% decrease. 4 Health Insurance Savings: Jeremi provided the Board with an overview of the PATS expense to remain with traditional employer paid fully funded insurance vs. the transition to working with Remodel Health. The projected traditional group plan would cost an estimated $673,000. By working with Remodel and individual health plans PATS will save an estimated $334,574.47 while providing equivalent coverage and the total out of pocket expense to employees remains limited to $1,000 for the new plan year. 5 Arthur's Retirement Dinner: Jeremi announced that the retirement dinner is scheduled to take place 5p.m., January 11, 2024 at Doe's Eat Place. 6 Review of the November Bank Reconciliation: The complete updated reviews were conducted by Board Chair — Chip Cox and Assistant Director — Jeremi Bumpus. Each cash account statement ending 11/30/23 had been reviewed. The credit card charges and vendor summary were then reviewed. Jeremi did point out the vendor payments 2 to Boyd were related to expenses incurred for the Gillig buses and the payment to Remodel was for the annual service agreement. Following the completion of the bank account and credit card statements review Mr. Mark Davis made a motion to approve the reconciliation, credit card, and vendor expense reviews. Ms. Mary Byrne moved to second the motion and it passed with all members voting yes. 7 Next Board Meeting: January 17, 2024 at 3p.m. 8 Adjourn — Mr. Mark Davis motioned to adjourn the meeting and Mr. Bryan Carrier moved to second the motion. Meeting adjourned. 3