Capital District
Transportation
Committee
Administrative
& Financial Standing Subcommittee
Meeting Minutes
MEMBERS ATTENDING
Charles Houghtaling,
Mayor John McDonald, City of
Bob Phillips,
Mayor Mark Pratt, City of
ADMINISTRATION
Minutes of the March
15, 2005 Meeting
Chairman McDonald called the meeting to order at approximately
Staff Director’s
Travel
FINANCIAL
Status
of Cash Flow
Mr. Poorman reported that there is a net cash flow level
of $271,000.
Health Insurance
Practices Update
Mr. Poorman
noted that steps are being taken to have the new practices in place by
Mr. Poorman
also distributed a current copy of the “Administrative Procedures for the CDTC
Staff” which reflects the new health care practices.
Draft Annual Audit Report
Mr. Poorman
distributed draft copies of the annual audit report which had been received
earlier in the day. Members quickly
scanned the document which contains no findings or requested actions. After further review, action will be
scheduled for the next meeting.
Implications of SAFETEA-LU on CDTC
operations
Mr. Poorman
noted that a full discussion of the implications of the new federal
authorization act will occur at the Policy Board meeting on October 20. Specifically related to CDTC’s staff
operations, the act provides sufficient funds to maintain operations at roughly
current levels; an approximate 20% increase in funding will allow continuation
of the Linkage program that has been supported by “carryover” funds in recent
years.
OTHER
SAFETEA-LU
and the Transportation Bond
Mr. Poorman noted that Cliff Thomas will be making a
presentation at the October 20 meeting regarding
October
20 Policy Board meeting
A CDTC resolution on the bond is on the agenda for the
meeting. There being no other business,
the meeting was adjourned at approximately
Respectfully Submitted,
Staff Director