VTA Advisory Board Audit and Finance Subcommittee
DRAFT
Meeting Minutes
June 16, 2017
The Martha’s Vineyard Transit Authority Advisory Board Audit and Finance Subcommittee met Friday, June 16, 2017 at 9:00 AM in the offices of the Transit Authority, 11 A Street, Edgartown. Present were
Lenny Jason)Chilmark) Lou Paciello (Edgartown) Also present were Angela Grant (VTA) and Lois Craine (VTA
The meeting was called to order at 9:01AM.
Meeting Minutes February 10, 2017
Mr. Jason moved to accept the minutes of March 17, 2017 and Mr. Paciello seconded. M/s/c.
Financials through April 2017
Ms. Grant reported that FY17 is expected to finish on budget. There was an increase in Capital funding including buses and in purchased transportation reflecting added service hours on routes 1 and 13. Fuel costs saw a rise of 3c per gallon and OPEB payments decreased after auditing.
The meeting adjourned at 9:15AM
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