Agenda

• Roll Call
• MFAC Meeting Minutes – December 8, 2025 & January 5, 2026
• November 2025 (FY2026) Financial Report – No live presentation
• December 2025 (FY2026) Financial Report – Live presentation
• Old Business
  • Sustainability Study Status (WSP) – March 2026
  • Project Reconciliation Report (WSP) – March 2026
  • Budget Projection Update – April 2026
  • Monthly Balance Sheet – June 2026
  • Audit Status – FY2025 – June 2026
  • SOP Status Update
  • FY2027 Operating Budget Follow-Up Questions
  • Pending Action Items –
    • Revenue Expense Reconciliation of Capital Projects
    • FY2023-FY2024 Reconciliation Letters Update
• New Business
  • Transfers – Fare Policy Review – in progress
• Upcoming Meetings
  • Monday, February 23, 2026 – Regular MFAC – Norfolk
• Adjourn