MFAC May 2024 – Hampton Roads Transit
Thanksgiving Holiday Period
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Management / Financial Advisory Committee

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Meeting Agenda

  • Call to Order
  • Roll Call
  • Approval of the MFAC Meeting Minutes of April 22, 2024
  • April 2024 FY2024 Financial Report
  • FY2024/2025 Draft Budget Inquiry Responses
  • FY2025 Final Operating Budget Presentation
  • Reserve Funding Update – Tabled
  • Old Business
    • Quarterly Staff Update – August 2024
    • Quarterly Grants Update – June 2024
    • Quarterly Balance Sheet Update – Tabled
    • FY2025 Strategic Allocation Resolution Update
    • Budget Projections
    • Budget Tracking Expectations
  • New Business
    • Free Fare Day “Earth Day” Update
    • The Agency’s Line of Credit Discussion – Tabled Per-Commission July 2024
    • Review of Action Items – N/A
  • Adjourn
Meeting Date

May 20, 2024 1:30pm



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