New Board Member Orientation Packet

Green Mountain Transit

GREEN MOUNTAIN TRANSIT New Board Member Orientation Packet

Welcome Aboard! Table of Contents

Organizational Background A. About GMT B. Mission Statement C. Prior year(s) Retreat Minutes

Governance D. Board List and Contact Information E. Board Member Job Description F. Upcoming Meeting Dates G. Governing Documents: By-laws, copy of Charter H. Most Recent Minutes I. Committee Descriptions

Finance J. CCTA Funding Description K. Current Funding & Budget L. Strategic Plan M. Capital Projects N. Recent Audited Financial Statement Policies O. FOIA P. Open Meetings Law

Key Staff / Transit Terminology Q. Org Chart R. Resumes of Executive Leadership Team S. Transit Terms

15 Industrial Parkway, Burlington, VT 05401 | T: 802-864-2282 F: 802-864-5564 6088 VT Route 12, Berlin, VT 05602 | T: 802-223-7287 F: 802-223-6236 375 Lake Road, Suite 5, St. Albans, VT 05478 | T: 802-527-2181 F: 802-527-5302

About Green Mountain Transit (GMT)

A Brief History • The Chittenden County Transportation Authority (CCTA) was created in 1973 by the Vermont General Assembly, after Burlington Rapid Transit, a private bus contractor, went out of business. • In 2011, CCTA and GMTA became one organizations, making CCTA the first and only transit regional authority in the State of Vermont • CCTA serves Burlington, Essex, South Burlington, Shelburne, Williston, Winooski, Milton, Hinesburg and a portion of Colchester. CCTA also offers commuter routes to and from Montpelier, Middlebury, St. Albans, and Jeffersonville. • GMTA serves over 25 municipalities in Washington, Lamoille, Franklin, and Grand Isle counties. • In 2016, the Board of Commissioners voted to add the Green Mountain Transit as our business name in order to project a regional transit view.

A few Facts: • 180+ full time employees • 50 Admin • 70 urban drivers • 40 rural drivers • 20 mechanics • Approximately 40 volunteer drivers in the rural area • Last year GMT provided 2.8 million urban rides and 458,000 rural rides for a total of 3.2 million rides • 70 urban buses and 40 rural buses • All of our buses are 100% ADA Accessible and have bike racks on the front. • On any given day GMT buses drive the distance from here to California and 1/3 of the way back • GMT operations budget is about $20M a year and consists of funding sources from Federal (FTA), State (VTrans), Municipal assessments, farebox revenue, advertising, and local purchase of service agreements such as Medicaid and contracts with universities. • GMT’s capital budget varies year to year depending on what we have coming up. We recently finished constructing a new Downtown Transfer Center and have recently purchased the facility next to our main operating facility. Other upcoming projects include replacement bus purchases and upgraded technology.

• We have yearly independent audits, and every 3 years, the Federal Transit Administration comes in and does a comprehensive, thorough audit. GMT operates the urban transportation services in Chittenden County and is a direct recipient of the Federal Transit Administration (FTA). • Directly operates fixed-route and commuter bus service within and to and from Chittenden County • Contracts for ADA (Americans with Disabilities Act) complementary paratransit service • Administers the Chittenden County Medicaid bus pass program

GMT also provides rural rides and is a subrecipient of VTrans. GMTA provides rural public transportation services in Washington County, the towns of Orange, Washington, and Williamstown in Orange County, Stowe/Lamoille County, and the Mad River Valley as well as Franklin County and Grand Isle County. • Directly operates fixed-route and commuter public transportation bus services within and to and from Washington and Lamoille Counties; within Franklin County, and to and from Orleans County. • Operates demand-response service within and to and from Washington County, Stowe/Lamoille County, Franklin County, and the Mad River Valley • Directly operates seasonal deviated fixed and fixed route service in Stowe/Lamoille County and the Mad River Valley areas. • Administers the Chittenden County, Franklin-Grand Isle County and Washington County Elders and Disabled (E&D) programs • Serves as the Medicaid broker for Franklin-Grand Isle County and Washington Counties

Mission Statement

The mission of GMT is to promote and operate safe, convenient, accessible, innovative and sustainable public transportation services in the Chittenden County region that reduce congestion and pollution, encourage transit-oriented development, and enhance the quality of life for all.

GMT Board Minutes

Date: September 18, 2018 Time: 8:30 AM Place: VT State House Room 10 115 State St Montpelier, VT 05601

Present: Tom Chittenden, Chair, South Burlington Bonnie Waninger, Vice Chair, Washington County Denis Barton, Secretary, Shelburne Phil Pouech, Commissioner, Hinesburg Chapin Kaynor, Commissioner, Williston Katherine Miles, Commissioner, Burlington Bob Buermann, Commissioner, Grand Isle County Chapin Spencer, Commissioner, Burlington John Sharrow, Commissioner, Milton Ebony Kirkland, Commissioner Winooski Ray Coffey, Alternate Commissioner, Winooski Catherine Dimitruk, Commissioner, Franklin County Tasha Wallis. Commissioner Lamoille County Robert Moore, Alternate Commissioner, Lamoille County

Mark A. Sousa, General Manager Jon Moore, Director of Maintenance and Planning Michelle Daley, Director of Finance and Grants Patricia Redalieu, Director of Human Resources Jamie Smith, Marketing and Public Affairs Manager Rachel Kennedy, Senior Transit Planner David Hamblin. IT Manager Matthew Young, Administrative Support Specialist

Not Present: Paul Bohne, Treasurer, Essex

Members of the Public: Ross McDonald, VTrans

1. Open Meeting- Chair Chittenden opened the meeting at 8:32 AM. A quorum of the Board was present. Commissioner Wallis was welcomed as a Commissioner and Introductions were made.

2. Adjustment to the Agenda- There were no adjustments to the agenda.

3. Public Comment- There were no public comments

4. Consent Agenda – Commissioner Barton made a motion to approve the consent agenda excluding the finance report, and changing June to July in the July 2018 Board meeting minutes. Commissioner Sharrow seconded the motion. All were in favor and the consent agenda was approved with changes, excluding the finance report.

Alternate Commissioner Moore entered 8:40 am.

Mrs. Daley reviewed and discussed the finance report with the Board. Commissioner Barton motioned to approve the finance report as presented. Commissioner Miles seconded the motion. All were in favor and the finance report was approved as presented.

5. Board Priorities/Strategic Goals Update - Chair Chittenden presented the results of the Board Survey to the Board. Chair Chittenden explained that after reviewing the survey the monthly Board meetings will stay on the third Tuesday on the month at 7:30 am.

Chair Chittenden informed the Board that we will have time at the November Board meeting to discuss/update the Strategic Goals.

6. Implementation of NextGen- Ms. Kennedy presented the NextGen timeline that was included in the September 2018 Board packet. Ms. Kennedy explained the most cost neutral improvements will be made first. Ms. Kennedy also stated that the NextGen advisory committee will start meeting again soon. There was discussion on the NextGen timeline.

7. Financial Update-

Commissioner Coffey entered 9:15 am.

Mrs. Daley presented the FY19 Financial Update with the fare share equation. Mrs. Daley informed the Board that in the rural areas there has only been a three percent inflation increase in the dues paid to GMT. There was discussion on the fare share equation.

Mr. McDonald “To ask for more legislation to ensure more money it could jeopardize some of our internal funding. OK so now you got this local money coming in so no more your states going to this or your FHWA flex is going to that. We are very much in the crosshairs of the budget process right now. VPTA working through the legislature, Mark leading the charge for some legislation would be interesting I don’t know what I could actually say on behalf of the state other than I think it could be a great outcome.”

Mr. Sousa “My only concern Ross is that I understand what you are saying I agree with you the and the States financials, but I think we are at a crossroads right now where we have even with all those funds we have so much service out there right now that we are currently to a point where we are using our fund balance to do a yearly operational balance so I guess we are at that point we have kicked this can down the road for quite a while now we are there I think and so that is kind of why this came about. I understand exactly what you are saying and I agree with you. I am just saying we are at that point of now its just not enough state funds not enough local funds, that’s the point.”

Mr. McDonald “For capital last year we got 7 Million dollars we asked for 14 million. This year we needed 18 million as 50 % of our vehicles have meet their useful life that are on the roads right now. We are very concerned about that as well as admin and operations that are staying flat funded. More money is needed or less service is coming. Those are the conversations we are having last Friday and tomorrow with our budget committee. They gave us a target that if we were to hit that it would alive more 7 million rather that 18 in capital, it would mean more level funding on admin and operations. We saw this coming seven eight years down the road. With David Pelliteer and myself doing some analysis saying o we really got these hurdles in the future and we should see if we are able to accommodate those.”

Chair Chittenden “I think what I heard you say is pushing for another state sourced funding we could be jeopardiz our current funding, that’s a big hurdle. My other question on this referring back to what you just presented is there an appetite or recommendation to instead of nickel and dimming all of these small communities for a couple thousand couple hundred dollars if you look at Saint Albans City, Saint Albans Town, and Swanton they represent half of the short fall. Does it make more sense for us to take a more targeted approach to the larger municipalities based on this formula to get them to subscribe and pay into this. Are we at this stage trying to develop strategies to move forward toward more sustainable funding source.”

Mr. Sousa “Absolutely.”

Chair Chittenden “What are we doing as a Board to help develop the strategy?” Mr. Sousa “So one thing that I am going to bring to the board in October we have a VPTA meeting on Thursday I am working with Jamie Feehan and his law firm to put together a plan going forward. The comment that was made when I meet with Jamie was that they talked about this for years and they did actually put stuff on paper it was just thoughts to bring to legislature and it just was not time. So, one thing we are going to do is to put together a plan. One thing Jamie mentioned was that you have to have a purpose to do this you can’t just say I need a penny on the gas tax. You need a reason to go after that penny on the gas tax. So, present the issue or the problem first and then think about where you are going to get that penny, whether from the gas tax or whatever the source. We are going to put together a plan for the October board meeting, to start to get the discussions going. Whether or not we have the appetite to move forward with this we are going to work with VTrans on this because we do not want to jeopardize the funding they currently have. This has to be new funding and we have to somehow stress that.”

Commissioner Wallis “I guess as I hear you but my concern would be that the gas tax is a state-wide thing and I would be concerned about the southern delegations would not want to.”

Mr. Sousa “I am not saying that is what it is. Maybe we identify four possibilities. That may be one of them it may not be. I agree with you gas tax everybody gets a little nervous when they hear it. When they did the five-cent jump that one year politically it was not the best. There was not a lot of feedback after that.”

Vice Chair Waninger “So from a timing perspective we have been looking at rural losses of 100k or more every year for a number of years, they have been much larger at times. Can you tell us about the rural fund balance and how many more years we have before that fund balance is too low to cover these losses?”

Mrs. Daley “We are there. I would say if we get through nineteen minimal hits to the fund balance we will be lucky.”

Chair Chittenden “So we are there?”

Mrs. Daley “We are there. I have seen this coming. We have tried to raise fares that doesn’t happen.

Commissioner Pouch “But that is only 2%.”

Mrs. Daley “I understand that and I get that but at this point every little bit of revenue helps. Sitting in my chair it is really hard to have to come in and tell you guys where we are financially. So, we are there.”

Vice Cahir Waninger “So we are there, does that mean in FY20 we could be potentially looking at service cuts?”

Mr. Sousa “Yes” Mrs. Daley “Absolutely.”

Vice Cahir Waninger” Is that a statewide legislative conversation? Is it not a one-year conversation?”

Mrs. Daley “It’s not and actually as we plan the budget it may delay us getting you the first draft in October as we typically do. I think the budget for FY20 is going to assume cuts or improvements as we like to say.”

Commissioner Kaynor “We have very lively regional planning commissions and I wonder if they are willing to play a part in making the local matches more efficiently gathered. This is from somebody that has no idea.”

Commissioner Pouch “To that point comment kind of question I know that this board has discussed this issue over many years and I think there are several people on the board that have been involved in those conversations. It was my impression that there was some base level formulation of a strategy at least brainstorming on how to advance this subject and how do we go about who do we ask for the funding. I think it may be helpful to the current board to have an update form those folks that have been involved in the past, so we do not need to re-invent the wheel. So, we can pick up where we left off in the past. Whether that happens today or maybe in October.”

Mr. Sousa “I will say the most recent part of this was when Meredith was still here they were going to do a study it was going to be a funding source study. Originally GMT, CCTA at the time was going to do that study. VTrans then said no why don’t we do it state wide and we will do it. They did a study identified several sources had one public hearing put the document together and I think that is about as far as it has gone. If I can recall that is the most recent piece of it that was done state wide. Part of it was registration tax all sorts of different taxes and fees.”

Mr. McDonald “We require 20% statewide. So that is where the policy conversation was lets try to maintain 20% statewide local contribution. You know at that point statewide no real legislation would be necessary and it would provide a happy result if we could just see the local contributions get to 20%.”

Chair Chittenden “This was the number one point of discussion on the board survey so we are not done with this we will discuss this more in the October board meeting so we can move this along.”

Commissioner Pouch “One follow up what I don’t see on there I don’t think is actual riders from each community population. So, keeping in mind these are rural communities that neighboring towns that have similar populations my actually use the services in quit different ways. So, I think ridership would be a good column to add to this analysis and take into consideration. If it is a town of 700 people and only 5 people use the service we certainly cannot ask them for $7000.”

Commissioner Spencer “I think we need to focus on this ultimately transit is a regional solution and the challenges when we look at a particular town and say only five people are riding but it connects from town A to town B but town C is in the middle, we need to be providing the regional service and if we myopically spend our time focusing town-by-town I fear we are not going to be provide the greatest good for the public and I think part of this visioning of how we find ourselves really drives how we set policy for serving the public best and not be thinking well geez Burlington pays 10% more we better be getting 10% more service.”

8. GM & Committee Reports – General Manager Report A. Mr. Sousa informed the Board that RouteMatch (RM) has fixed five of the six issues remaining. The last item to be completed is the beacons at the Downtown Transit Center (DTC). RouteMatch is currently looking for a contractor to install the beacons.

B. Mr. Sousa informed the Board that four businesses submitted bids for the electric bus procurement. Mr. Sousa explained that the bids came in higher than originally expected at $1,000,000 per bus

C. Mr. Sousa notified the Board that GTM has received a No-Low grant thought VTrans for smaller electric buses in the Montpelier area.

Finance Committee Report Commissioner Powers explained that a large portion of their committee meeting concerned the presentation Mrs. Daley gave today to the Board on the fare share equation.

Leadership Committee Report Chair Chittenden informed the Board that Commissioner Barton has requested to invite past Commissioner Fred Schmidt to the October 2018 Board meeting if there are no objections.

Operations Committee Report Secretary Barton informed the Board that we have created a new chart to show trends with the data from the Performance Improvement Plan. Also, that we are now getting “on time” performance reports using the RouteMatch software.

Strategy Committee Report Commissioner Buermann informed the Board that the committee worked on some formatting for the strategic goals. Commissioner Buermann also noted that the Marketing plan was presented at the meeting.

Commissioner Comments and Announcements – Commissioner Pouch ask about the status of the Berlin Facility. Mr. Sousa informed the Board that there will be no construction at the Berlin facility this year.

9. Appreciative Inquiry Exercise Part 1 – The Board participated in an Appreciative Inquiry training until lunch at 12:15 pm

10. Lunch – The Board recessed between 12:15 pm and 1:30 pm for lunch. Some commissioners walked to the Montpelier Transit Center for a site visit during lunch.

11. Appreciative Inquiry Exercise Part 2 – The Board participated in an Appreciative Inquiry training until 3:30 pm

12. Adjourn – Commissioner Kaynor made a motion to adjourn, Commissioner Sharrow seconded the motion to adjourn. All were in favor, and the meeting adjourned at 3:33 pm.

Respectfully Submitted,

______Denis Barton, Secretary

Town Name Role Email Committee Burlington Chapin Spencer Commissioner [email protected] Strategy Katherine Miles Commissioner [email protected] Operations/NextGen Miro Weinburger Mayor of BVT Chief [email protected] Bob Rusten Admin Officer [email protected] Essex Paul Bohne Treasurer [email protected] Leadership,Finance,SSTA Marti Powers Alt. Commissioner [email protected] Finance Patrick Scheidel Town Manager [email protected] Max G. Levy Select Board Chair [email protected] South Tom Chittenden Chair [email protected] Operations/Leadership Burlington Kevin Dorn City Manager [email protected] Tom Hubbard Deputy City Manager [email protected] Winooski Austin Davis Commissioner [email protected] Ray Coffey Alt. Commissioner/ [email protected] Jessie Baker City Manager [email protected] Seth Leonard Mayor [email protected] Shelburne Lee Krohn Commissioner [email protected]

Gary Von Strange Selectboard Chair [email protected]

Williston Chapin Kaynor Secretary [email protected] Leadership Amy Brewer Alt. Commissioner [email protected] Finance Richard McGuire Town Manager [email protected] Terry MaCaig Selectboard Chair [email protected] Milton John Sharrow Commissioner [email protected] Operations Karen Trombley Alt. Commissioner [email protected] Donna Barlow Casey Town Manager [email protected] Hinesburg Phil Pouech Commissioner [email protected] Strategy Karla Munson Alt. Commissioner [email protected] Washington Bonnie Waninger Vice Chair [email protected] Leadership,Operations,NextGen, SSTA County Dan Currier Commissioner [email protected] Strategy Franklin County Catherine Dimitruk Commissioner [email protected] Finance, NextGen Amanda Holland Alt. Commissioner [email protected] Strategy Lamoille County Tasha Wallis Commissioner [email protected] Finance Robert Moore Alt. Commissioner [email protected] NextGen Grand Isle Bob Buermann Commissioner [email protected] Strategy,NextGen County Amanda Holland Alt. Commissioner [email protected] Strategy Colchester Dawn Francis Town Manager [email protected] (non-member Aaron Frank CFO/Asst. Town Manager [email protected] community) Nadine Schibek Selectboard Chair [email protected]

Job Description Commissioner of the GMT Board

The role of the Commissioner is vital to the success and mission of Green Mountain Transit (GMT). GMT Commissioners are expected to actively participate in their responsibilities of financial management and oversight and policy making for the organization. This job description was developed to assist Commissioners in understanding their role and responsibilities.

Legal Responsibilities • Work to ensure that all actions of GMT are in accordance with its bylaws and applicable governmental laws. • Oversee the finances of GMT and protect the financial interests of its members.

Transit Knowledge • Ride at least one GMT bus a year. • Understand the range of services GMT offers. • Pursue professional development opportunities for non-profit Board members.

Participation • Prepare in advance for all Board meetings. • Attend at least 75% of regularly scheduled Board meetings each year. • Actively participate in one Board standing committee

Ambassador • Be an informed spokesperson for the organization. • Regularly communicate with the appointing community and its leaders. • Actively educate community and stakeholder groups on GMT’s goals, services, activities, etc.

The GMT Board will go through an evaluation process annually that will measure its performance against this job description.

Upcoming Board Meetings FY19-FY20

Date Time Location* September 17, 2019 7:30 am Burlington October 15, 2019 7:30 am Burlington November 19, 2019 7:30 am Burlington December 17, 2019 7:30 am Burlington January 15, 2019 7:30 am Burlington February 19, 2019 7:30 am Burlington March 19, 2019 8:00 am TBD- Chittenden County April 16, 2019 7:30 am Burlington May 21, 2019 TBD-Afternoon TBD-Rural County June 18,2019 7:30 am Burlington July 16, 2019 7:30 am Burlington August 20, 2019 7:30 am Burlington November 19, 2019 7:30 am Burlington December 17, 2019 7:30 am Burlington

* Burlington location: 101 Queen City Park Rd, Burlington, VT 05401 ** Board Retreat – all day – Not yet Scheduled

Throughout the past year, the Green Mountain Transit (GMT) has continued to provide valuable public transportation services to Burlington and the greater Burlington area. In FY18, services included local fixed-route bus service; interregional commuter service; supermarket and school tripper shuttles; and contracted ADA para-transit service for individuals who are unable to ride fixed- route service.

In FY18, a 13 member Board of Commissioners governed GMT with two Commissioners representing Burlington and one Commissioner from Essex, Hinesburg, Milton, Shelburne, South Burlington, Winooski, Williston, Washington County, Franklin County, Lamoille County, and Grand Isle County. The annual FY18 operating expenses, for the urban area, were $17,198,207.03.

Ridership:

GMT provided 2,257,406 fixed route trips in FY18. This represents a .60% decrease from FY17. While the ridership trend was still pointing down, the decrease was less significant over past years. We are hopeful that system changes will help bring ridership numbers up in the next fiscal year.

In FY18, we continued the NextGen Transit Study. The GMT NextGen Transit Study represents a comprehensive evaluation of the complete GMT system as it exists today. An analysis of existing services and market demand for transit, as well as feedback from stakeholders, riders, and members of the greater community let us know where GMT needs to be, in order to best serve our community. Included in this plan are three phases of development. GMT is currently refining the overall plan based on community feedback. Once this process is complete GMT will be creating detailed plans for the implementation of Phase 1. Phase 1 implementation in expect to start in FY19.

Capital Projects: Downtown Transit Center: The one-year warranty with PC Construction ended in October of FY18, although some building components remain under warranty through various subcontractors and manufacturers. Two new platform heaters were installed in late winter/early spring of FY18 to test if the higher heat output would have a noticeable improvement on passenger comfort when using the heaters. The new heaters provided significantly better heating output and it was decided that remaining eight heaters on the platform should be replaced during the summer months. Replacement of the remaining heaters began toward the end of FY18 and would be completed in FY19. Staff also disposed of the remaining DTC project soil that was not approved for reuse by GMT. This soil was disposed in Clinton County, NY and was removed in January 2018. Solar Shelter Lights: Testing of five new solar light models was completed and it was determined that the Enseicom solar light was the preferred model light for the agency based on performance and price. Twelve new solar lights have been installed at shelters located in Burlington, South Burlington, Colchester, Winooski, Essex Junction, and Williston. Driveway Connection Ramp: GMT worked with VHB on the design and permitting of a new driveway connection ramp between 1 Industrial Pkwy and 15 Industrial Pkwy. The project also included coordination with Vermont Department of Environmental Conservation on the approval of reuse of soil from the DTC project for construction of the driveway ramp. After evaluating the site needs at 1 Industrial Pkwy and available funding for the project, it was decided that it would be advantageous to repave the parking lot and front apron as part of the project. All storm water and zoning permit applications were completed and an IFB for construction was issued in June 2018. Award is anticipated to be made in July 2018 with construction anticipated to be completed in 4 months. Security System Installation: Continuing on the design work that began in late FY17, designs were finalized for the expansion of the security system at the DTC to add card reader access and security cameras to the GMT main facility at 15 Industrial Parkway. The final design included 26 security cameras, card reader access for 16 doors (including the elevator), and system monitoring of 5 man doors and 19 overhead doors. An IFB for construction was issued in April 2018 with an award made to Norris, Inc. in May. Installation commenced in mid-June with installation work continuing into FY19. Construction is scheduled for completion by the end of August. Training: In Fy18, GMT continued to develop and enhance the in-house training program. GMT trained 19 employees to receive their Commercial Drivers License (CDL) B with passenger endorsements. Given the state of the current labor market this is a business necessity.

Contact GMT for Route and Schedule Information: By phone: 802-864-2282, by e-mail: [email protected] , or visit us online at: RideGMT.com.

MUNICIPAL CORPORATIONS, 1973 NO.122

NO. 122. AN ACT RELATING TO THE CHITTENDEN COUNTY TRANSIT AUTHORITY.

(H. 215)

It is hereby enacted by the General Assembly of the State of Vermont:

Sec. 1. Creation of authority There is hereby created a transit authority to be known as the “Chittenden County Transportation Authority”.

Sec. 2. Area of operation The area of operation shall be Chittenden, Franklin, Grand Isle, and Washington Counties and the towns of Orange, Washington, and Williamstown. The area of operation shall include Addison and Caledonia counties and the towns of Orange County other than Orange, Washington, and Williamstown, but only for the provision of commuter services. The area of operation shall include Lamoille County, but only for the provision of published scheduled services.

Sec. 3. Membership in the authority Membership in the authority shall consist of those municipalities, which elect to join the authority by majority vote of its voters present and voting on the question at an annual or special meeting duly warned for the purpose prior to July 1, 2010. Beginning July 1, 2010, a municipality may hold an annual meeting or a special meeting for the purpose of determining through election by a majority vote of its voters present and voting on the question only if the municipality is specifically authorized to join the authority either under Sec. 13 of this charter or by resolution duly passed by the Chittenden County Transportation Authority Board of Commissioners. The initial meeting of a municipality called to determine whether or not to join the authority shall be warned in the manner provided by law, except that for such meeting only, any warning need not be posted for a period in excess of 20 days, any other provision of law or municipal charter to the contrary notwithstanding. Membership may be terminated only in the manner provided in section 8 of this act.

Sec. 4. Purposes and powers (a) The authority is hereby created for the following purposes and is granted the following authority: to purchase, own, operate or provide for the operation of land transportation facilities, and to contract for transit services, to conduct studies and to contract with other governmental agencies, private companies and individuals. (b) The authority shall be a body politic and corporate with the powers incident to a municipal corporation under the laws of the state of Vermont consistent with the purposes of the authority, and shall further have the purposes and powers set forth herein.

MUNICIPAL CORPORATIONS, 1973 NO.122 (c) The authority is granted the authority to exercise all powers necessary, appurtenant, convenient or incidental to the carrying out of the aforesaid purposes, including, but not limited to, the following rights and powers: (1) To sue and be sued; (2) To adopt, use and alter at will a corporate seal; (3) To acquire, purchase, hold, lease as a lessee and use any franchise, property, real, personal or mixed, tangible or intangible, or any interest therein, necessary or desirable for carrying out the purposes of the authority, and to sell, lease as lessor, transfer or dispose of any property or interest therein acquired by it; (4) To fix, alter, charge and establish rates, fares and other charges for the services and facilities within its area of operation, which rates, fees and charges shall be equitable and just; (5) To acquire and operate, or provide for the operation of local transportation systems, public or private, within its area of operation; (6) To make contracts of every name and nature and to execute all instruments necessary or convenient for the carrying on of its business; (7) To enter into management contracts with any person or persons for the management of a public transportation system or controlled by the authority for such a period or periods of time, and under such compensation and other terms and conditions as shall be deemed advisable by the authority; (8) To accept gifts or grants or loans of money or other property, and to enter into contracts, leases or other transactions with any federal agency, the state, any agency of the state, or with any other public body of the state, including municipalities, school districts and other authorities; (9) To borrow money and issue evidence of indebtedness as provided by Chapter 47 of Title 24. For the purpose of that chapter, the grand list of the authority shall be deemed to be the total of the grand lists of the member municipalities, and the debt limit of the authority shall not be diminished by any obligation incurred by a member municipality alone. Obligations incurred under such chapter shall be the joint and several obligations of the authority and of each member municipality but shall not affect any limitation on indebtedness of a member municipality. The cost of debt service shall be included in the annual budget of the authority as provided in section 7 of this act, and shall be allocated among the member municipalities as set forth in said section. Where voter approval is required pursuant to Chapter 47 of Title 24, the board of commissioners shall determine the number and location of polling places, and when a majority of all the voters present and voting on the question from all of the member municipalities at such meeting vote to authorize the issuance of bonds, the board of commissioners shall be authorized to issue the bonds as provided in said chapter. The counting of ballots shall be conducted by the board of commissioners together with the town or city clerk from each member municipality or his designee. (10) To develop transportation plans, and to coordinate its planning and programs with those of appropriate municipal, county, and state agencies and other political subdivisions of the state;

MUNICIPAL CORPORATIONS, 1973 NO.122 (11) Within Chittenden County and its member municipalities, to acquire by the exercise of the power of eminent domain any real property which it may have found necessary for its purposes, in the manner provided for the condemnation of land or rights therein as set forth in sections 221-233 of Title 19, and acts amendatory thereof or supplementary thereto; (12) To prescribe and promulgate necessary rules and regulations consistent with the provisions hereof; (13) To do all acts and things necessary or convenient for the conduct of its business and the general welfare of the authority in order to carry out the powers granted to it by this act or any other law.

Sec. 5. Exemption from regulation The public transportation systems and facilities operating under this authority are generally exempt from any of the regulatory provisions of Title 30. However, the public service board may impose those regulatory provisions of Title 30 that it may determine from time to time to be necessary.

Sec. 6. Government and organization (a) The officers of the authority, and their election or designation shall be as follows: Board of commissioners. The purposes, powers, duties and responsibilities of the authority shall be exercised by the Board of Commissioners, consisting of one commissioner from each municipality which is a member of this authority and two commissioners from the City of Burlington. The commissioners shall be appointed by and serve at the pleasure of the legislative body of the member municipality. Any vacancies on the board of commissioners shall be filled by the legislative body of the respective member municipality, but in the event that the legislative body fails to appoint a commissioner within two months from the date of the occurrence of the vacancy, the vacancy shall be filled by the Board of Commissioners. Commissioners shall serve without pay. (1) Terms of office. Each commissioner shall serve for a term of three years ending June 30 or until his successor is duly appointed and has qualified. (b) Officers. The board of commissioners annually shall elect from among its members a chairman, vice-chairman, treasurer and secretary, and such other officers that are necessary for the conduct of its business. (c) Meetings of the board of commissioners. The frequency and method of calling regular and special meetings of the board of commissioners, procedures for the transaction of business, and other necessary matters shall be in accordance with bylaws adopted and amended from time to time by a majority of the commissioners. (d) Administrative personnel. The board of commissioners may appoint a transit director, and such other personnel as is necessary for the conduct of the business of the authority, and the board of commissioners shall have the power to prescribe their duties, fix their compensation, and delegate to them such responsibilities for the management and control of the operations of the authority, as its interest may require. Sec. 7. Annual budget and assessments

MUNICIPAL CORPORATIONS, 1973 NO.122 (a) On or before February 15 in each year the board of commissioners shall prepare a budget for the authority for the next fiscal year, which shall include an estimate of the revenue of the authority from fares and other sources, except membership assessments, and the expenses for the next fiscal year, including debt service, and at such time the board of commissioners shall call a meeting of the residents of its members for the purpose of presenting the proposed budget and inviting discussion thereon. The meeting shall be held at a place within the county and shall be warned by a notice published in a newspaper of general circulation in the county at least 15 days prior to the meeting. The notice shall contain a copy of the purposed budget, and members of the legislative body of each member municipality shall be notified of the meeting by certified mail. (b) Annually, following the meeting provided in the preceding paragraph, the board of commissioners shall review the proposed budget of the authority in light of any discussion thereon at the meeting, and shall then adopt said budget with or without changes. (c) The treasurer of the authority, following adoption of the budget, shall apportion the sums required to be contributed by each member municipality according to the formula for apportionment. The formula for apportionment may be changed by the board of commissioners with the concurrence of all the legislative bodies of at least three-quarters of the member municipalities. (d) The treasurer of the authority shall immediately notify the treasurer of each member municipality and the chairman of the legislative body in each member municipality, of the amount of such assessment, and the member municipality shall add such assessment to its own budget and shall asses such tax as is necessary to raise the amount of the assessment. The amount of the assessment in each member municipality shall be paid to the treasurer of the authority on or before July 15 in each year. (e) In the event that the budget of the authority in any year becomes insufficient to support the operations of the authority, the board of commissioners may assess the member municipalities for additional sums, apportioned in the manner provided in this section, but such additional assessment shall require the approval of all the legislative bodies in the member municipalities.

Sec. 8. Termination of membership (a) A member municipality may withdraw from membership in the authority, if notification of withdrawal is given more than one year after the member municipality joined such authority. Such withdrawal shall take effect at the end of the first full fiscal year following such notification of withdrawal, such notification to be in the form of a resolution duly adopted by the legislative body of the withdrawing member and delivered to the board of commissioners at a regular meeting thereof. (b) Notwithstanding subsection (a) of this section, upon giving notice as required by subsection (a), a member municipality may withdraw from the authority after the authority has voted to bond itself in accordance with the provisions hereof but shall continue to be liable for its share of all existing indebtedness incurred under Chapter 47 of Title 24 at the time notice of its withdrawal is given.

MUNICIPAL CORPORATIONS, 1973 NO.122 Sec. 9. Miscellaneous provisions (a) The authority shall prepare an annual report of its activities, including a financial statement, and submit the report to the legislative bodies of the member municipalities. (b) The fiscal year of the authority shall commence July 1 in each year. (c) It is declared to be the legislative intent that, if any section, subsection, sentence, clause or provision of this act is held invalid, no other section, subsection, sentence, clause or provision of this act shall be deemed invalid or ineffective.

Sec. 10. Implementation (a) The initial members of this authority shall be those municipalities which elect to join, in accordance with the provisions of section 3 of this act on or before March 7, 1973. The authority may commence operations when two municipalities have joined as members. On or before March 15, 1973, the authority shall prepare a budget for the period ending June 30, 1973 and for the fiscal period July 1, 1973 through June 30, 1974, and shall proceed with the adoption of same and assessment as provided in section 7 of this act. Until such time as the initial members have appointed commissioners as provided herein, the executive director of the Chittenden County Regional Planning Commission shall have the authority to initiate the organization of the authority and to submit preliminary applications for financial assistance, provided, however, that he shall have no authority to incur financial obligations on behalf of the authority. (b) The membership of municipalities other than the initial members shall require the approval of the board of commissioners. (c) Immediately upon joining the authority, the municipality shall appoint two commissioners as provided herein. The initial terms of the commissioners of the initial members shall be arranged by the Chittenden County Regional Planning Commission so that the terms of approximately one-third of the commissioners shall expire in each year. The initial terms of commissioners from municipalities joining after March 7, 1973, shall be set by the board of commissioners.

Sec. 11. Sec. 11. This act shall take effect from passage.

Sec. 12. Assessments of New Members Outside of Chittenden County Municipalities outside of Chittenden County that vote to join Chittenden County Transportation Authority on or after July 1, 2010, shall negotiate with the board of commissioners of the Chittenden County Transportation Authority on the amount of the levy to be assessed upon the municipality and terms of payment of that assessment; and the municipality may not join prior to agreement with the authority on terms of the levy and payment. Upon the addition of one municipality to the membership of the Chittenden County Transportation Authority from outside Chittenden County, said authority shall immediately begin work on the formula for assessment that will be approved in accordance with this act.

Sec. 13. Municipalities Authorized to Vote for Membership in the Chittenden County Transportation Authority

MUNICIPAL CORPORATIONS, 1973 NO.122 The following municipalities are authorized to hold an election for the purpose of determining membership in the Chittenden County Transportation Authority: Barre City, Berlin, Colchester, Hinesburg, Montpelier, Morristown, Richmond, St. Albans City, Stowe, and Waterbury.

Sec. 14. Other Representation If Washington, Lamoille, Franklin, or Grand Isle county does not have a municipal member from its county on the board of commissioners of the Chittenden County Transportation Authority, the regional planning commission serving the county may appoint a board member to the Chittenden County Transportation Authority from a member of its regional planning commission or regional planning commission staff to represent its interests on the Chittenden County Transportation Authority board.

Sec. 15. Repeal Secs. 46 and 47 of No. 56 of the Acts of 2003 are repealed.

Sec. 16. Effective Date This act shall take effect on July 1, 2011. However, a municipality that is authorized to vote for membership in the Chittenden County Transportation Authority under Secs. 3 and 13 of No. 122 of the Acts of 1973 as amended by this act, shall be authorized to do so at its 2011 annual meeting.

Originally approved: February 2, 1973. Amended: March 30, 2010

MUNICIPAL CORPORATIONS, 1973 NO.122

ATTACHMENT A

Supplements Section 7(c)

The Treasurer of the Authority, following adoption of the budget, shall apportion the sums required to be contributed by each member municipality according to the following: 1. (a) Member assessments for fixed route service, defined as all service operated by the authority exclusive of paratransit and interregional commuter express routes (known as LINK Express services), will be frozen at the amount assessed to each municipality in fiscal year 2007, with the exception of the amount assessed for non-fare fixed route services which shall be assessed utilizing the formula in paragraph (d) of this subsection. The amount of fixed route service, in terms of the number of revenue hours of service, provided to member and non-member municipalities in fiscal year 2007 is considered to be the base level of fixed route service. The total municipal assessment for the base level of fixed route service may be increased or decreased subject to Board approval. (b) The Board may authorize minor changes in service within the base level of fixed route service with no impact on individual member assessments if:

1. the service changes do not affect driver pay hours by more than 10 hours per week in a given member municipality or the value of the net local share of the proposed service changes are not more than 10% of the total fixed route assessment for that municipality, whichever is less; and 2. minor service reductions within a member community occur not more than twice in a five year period, unless said member community has received similar minor service increases within the same time period. Any approved minor service changes under this paragraph shall be formally communicated in writing to the affected municipalities. (c) Budgeted ADA complementary paratransit service expenses will be assessed to each municipality receiving such services according to the percentage of ridership of the total originating from each municipality, based upon paratransit ridership in the most recently completed year. Member municipalities will be assessed 50% of the net cost of service for the budgeted fiscal year for the total number of ADA rides originating in that municipality expressed as a percentage from the total number of rides from the most recently completed year. Non-member municipalities will be invoiced 100% of the net cost of service for the budgeted fiscal year for the total number of ADA rides originating in that municipality expressed as a percentage from the total number of rides from the most recently completed year. (d) If the Board determines that a route should operate without charging a passenger fare, the community or communities in which the route operates will reimburse the Authority for the foregone fare revenue in addition to the standard local share for that route. The amount of foregone fare revenue assessed to that community or communities shall equal the total annual ridership from the most recently completed year on the subject route multiplied by the

MUNICIPAL CORPORATIONS, 1973 NO.122 average fare revenue per passenger for all other fixed route services from the most recently completed fiscal year at the time of budget adoption. In the case of a fare free route that serves more than one community the rides per community shall be determined by an annual ridecheck conducted for this purpose. Burlington shall be assessed both the standard local share and the foregone fare revenue for the College Street Shuttle. The Board of Commissioners shall determine and approve of a transition plan from the current assessment for the College Street Shuttle to the assessment contained in this paragraph.

2. (a) New services are defined as any fixed, deviated fixed, commuter route or demand response public transportation service not operating at the time of the adoption of this amendment. (b) Major changes in service are defined as anything that cannot be defined as a minor change in service as defined in (1)(b) of this section. (c) Proposals for new services and/or major changes in service shall be prepared by Authority staff in consultation with the affected member community commissioners and communities. The staff will prepare a funding package for any such services or changes and present it to the board for approval.

3. For any new service the required local share shall be paid according to the funding package approved by the Board. Such local share shall appear on the municipalities’

assessment as new service. When the Board determines that a new service is sustainable based upon ridership and funding availability, the Board may incorporate such service into the base level of fixed route service. Once a service has been incorporated into the base level of fixed route service the host community/ies will pay the local share at the same rate as paid for other base services. For its initial year as part of the base level of fixed route service, the local share for fixed route services will be based on the most recently completed fiscal year; for later years, the new service will be treated the same as all other routes in the base level of fixed route service.

4. Pursuant to the powers granted in this Charter, the Authority may negotiate special agreement(s) with a community seeking membership in the Authority or with an existing member community for the levy of special one-time or multi-year assessments to be paid by that community which the Authority deems necessary and appropriate for the purchase of capital equipment required for new route(s), or new route segment(s), or new transportation service(s) provided in that community. Assessments for new members shall include their share of the base level of fixed route service for services operating in their municipality that they would have paid if they were members in fiscal year 2007. At the discretion of the Board new members could also be assessed for a portion of the local share for past capital investments. Assessments may take form of cash payment, or grant, or in-kind contribution. The terms of such agreement(s) shall be clearly defined and agreed to by the community on which the assessment is being levied. The obligation of the specially assessed community shall be clearly defined and secured.

MUNICIPAL CORPORATIONS, 1973 NO.122

5. The amount of debt service due from each member community from the total indebtedness of the Authority will be proportional to the amount of local funding provided by each municipality for all public transportation services supported by bond revenue. Upon a notice of termination of membership from the authority by a municipality, the treasurer of the Authority shall calculate the debt service owed to the Authority by such member municipality. Such calculation shall be as follows: The total outstanding indebtedness of the Authority as of the end of the last fiscal year for which service is provided will be multiplied by a percentage arrived at by dividing the withdrawing community’s average billing for operating expenses for the last three fiscal years in which service is provided by the Authority’s total billing to all member communities for operating expenses for the same fiscal years. The resulting amount will represent the withdrawing community’s obligation for indebtedness pursuant to Section 8(b) of the Charter. Such amount shall be paid to the Authority on a schedule as determined by the Board of Commissioners. The Board is authorized to create special agreements that may change the calculation contained in this subsection, in those instances the terms of the special agreement shall apply.

6. The formula for apportionment may be changed by the Board of Commissioners, with the concurrence of all the legislative bodies of the member municipalities.

GMT Board Minutes

Date: July, 16 2019 Time: 7:30AM Place: 19 Gregory Drive South Burlington, VT

Present: Tom Chittenden, Chair, South Burlington Bonnie Waninger, Vice Chair, Washington County Paul Bohne, Treasurer, Essex Chapin Kaynor, Commissioner, Williston John Sharrow, Commissioner, Milton Phil Pouech, Commissioner, Hinesburg (phone) Tasha Wallis, Commissioner, Lamoille County (phone) Chapin Spencer, Commissioner, Burlington Catherine Dimitruk, Commissioner, Franklin County Bob Buermann, Commissioner, Grand Isle County Ray Coffey, Commissioner, Winooski

Jon Moore, Acting General Manager Cari Whittemore, Executive Assistant Jamie Smith, Marketing and Public Affairs Manager Nicholas Foss, Director of Finance (phone) Deb Coppola, Senior Accountant Matthew Kimball, Capital Projects Manager Patricia Redalieu, Director of Human Resources

Open Meeting –Chair Chittenden opened the meeting at 7:34 AM. A quorum of the Board was present.

Adjustment to the Agenda- None

Public Comment- No Comment

Route 14 New Service Planning & Implementation Process*- Mrs. Smith described the conversation with VTrans regarding VTrans and RCT. The Route 14 would begin approximately October 2019. This would be fare free, M-F round trip with RCT covering the morning and GMT would cover the afternoon. Ms. Smith asked to move forward with Public meetings and a VTrans fund 1 year pilot program. VTrans is committed to continue after 1 year with a possible fee. There was discussion regarding the viability of the route. The Board asked for additional information prior to approval. Commissioner Sharrow moved to table this conversation until next month. Commissioner Spencer seconded the motion. The motion to table the Route 14 Route discussion was approved and passed unanimously.

Nextgen Update- Ms. Smith proposed that GMT table the rural NextGen implementation because the Micro transit study changed the landscape of transportation for downtown Montpelier. Also, GMT would like to give Jen Wood an opportunity to get out and have conversations with public. GMT would like to double check on the cost saving efforts that they once felt would work and do an in-depth analysis. Commissioner Kaynor would like further reporting next month from staff regarding micro transit in Montpelier. Commissioner Sharrow proposed a motion to postpone the rural NextGen implementations until September. Commissioner Kaynor seconded the motion. Motion passes unanimously. Ms. Smith also gave an overview of the Urban NextGen implementation.

Queen City Road Roof Replacement Contract Award*- Mr. Kimball presented a memo regarding the useful life of the roof at 101 Queen City Road. He discussed his conversations with bidder firms. Commissioner Dimitruk proposed a motion to accept the bid from Monahan & Loughlin for $641,000.00. Commissioner Buermann seconded the motion. The motion passed unanimously.

FY20 Capital Budget Amendment- Mr. Kimball discussed amendments for the Montpelier transit center budget. Mr. Kimball also stated that GMT was not given the grant money for an employee to staff the transit center. Commissioner Dimitruk proposed a motion to accept the amendments to the Capital Budget. Commissioner Bohne seconded the motion. The motion passed unanimously.

State Grant Application Process & Update- Mr. Foss presented his memo and gave an update on the grant. He also gave a breakdown on the awards from VTrans.

Resolution for Check Signing Authority* Memo- Mr. Foss presented a resolution to temporarily remove Mark Sousa’s check signing authority. Mr. Foss also presented a request to temporarily removed Mr. Sousa from the business credit card account. Commissioner Dimitruk proposed a motion to update the check signing policy as presented. Commissioner Waninger seconded the motion. Commissioner Dimitruk

proposed a motion to update the business credit card account as presented. Commissioner Bohne seconded the motion. The motion passes unanimously.

Board Retreat Meeting Date & Topics- No specific individuals have been chosen to present. The retreat will potentially be pushed to September.

Committee Reports

• Leadership Committee: No updates. Next meeting TBD • Strategy Committee: No updates. Next meeting TBD • Finance Committee: Commissioner Bohne would like to hear from staff GMTSs initiative to keep the FY20 budget in line. Next meeting TBD • Operations Committee: Next Meeting August 12, 2019, 9:30 a.m. Commissioner Sharrow will serve as Chair of Operations. • Commissioner Comments & Announcements -none

Chair Chittenden proposed to add Jon Moore and Ed Adrian to the executive session to discuss three personnel matters. Commissioner Dimitruk moved to find that premature knowledge of the personnel matters would clearly place GMT at a substantial disadvantage. Commissioner Bohne seconded. The motion passes. Commissioner Waninger moved to enter executive session, inviting Jon Moore and Ed Adrian to receive legal advice. Commissioner Sharrow seconded the motion. The motion passes unanimously.

Jon Moore, Phil Pouech, and Tasha Wallis left the meeting during the executive session.

Motion to exit executive session was made by Paul Bohne, seconded by Catherine Dimitruk. Passed unanimously. Executive session exited at 10:07.

In open session...

Bonnie Waninger moved to authorize the chair to resolve a personnel matter based on discussion in executive session. Seconded by Bob Buermann. Passed unanimously.

John Sharrow moved to adjourn. Seconded by Bonnie Waninger. Passed unanimously. Meeting adjourned at 10:09 AM.

Next GMT Board of Commissioners Meeting Date: August 20, 2019

Respectfully Submitted,

______Chapin Kaynor, Secretary

GMT Policy GMT Standing Committee Policy Attachment 1 Leadership Committee

Committee Membership: The GMT Board Chair shall appoint the Chair of the Leadership Committee and only GMT Board Members and alternates are eligible for membership to the Leadership Committee. The Committee members shall consist of the following members: the Board Chair, the Board Vice Chair, the most immediate past Board Chair, and other Board members limited to that number that doesn’t produce a quorum of Board members.

Committee Charge: To develop the effectiveness of the Board and the General Manager and by extension GMT as a whole, through the following tasks: • Conduct annual evaluation of General Manager and recommend compensation package to the full Board. • Identify the optimal skill sets needed on the Board to accomplish the goals set forth in GMT’s strategic plan – and cultivate candidates that possess the needed skill sets. • Act as a Nominating Committee for Board Officer elections. • Establish and participate in the Board orientation process for all new Board members. • Work with the General Manager to develop annual Board retreat agenda. • Organize and execute annual Board evaluation. • Review and revise the job description for Commissioners. • Identify the Board development opportunities for individual Commissioners and the Board as a whole. • At the request of the General Manager or the Chair of the Board serve as a sounding Board for substantive staff concerns.

Amended by CCTA Board September 24, 2008 Amended by CCTA Board August 25, 2010 Name changed to GMT by Executive Assistant June 6, 2017

GMT Policy GMT Standing Committee Policy Attachment 2 Finance Committee

Committee Membership: The GMT Treasurer shall chair the Finance Committee and only GMT Board members and alternates are eligible for membership to the Finance Committee. This committee shall be limited to a number that doesn’t constitute a quorum of the full Board.

Committee Charge: To oversee the financial planning and management of the organization by ensuring that all fiscal aspects of operations are in order.

Committee Responsibilities: • Review GMT’s financials in detail at least once a quarter. • Budget development with staff. • Recommend strategies to strengthen GMT’s financial health and pursue alternative funding sources in collaboration with staff and stakeholders. • Oversee the annual audit process: o Recommend auditor selection to full Board o Review audit with auditor. o Ensure that appropriate internal controls are in place. o Present audit findings, reportable conditions, and advisories to the Board. o Monitor implementation of management findings. • Oversee GMT’s investment strategy. • Report to the full Board as necessary.

Amended by CCTA Board September 24, 2008 Amended by CCTA Board August 25, 2010 Name changed to GMT by Executive Assistant June 6, 2017

GMT Policy GMT Standing Committee Policy Attachment 3 Strategy Committee

Committee Membership: The GMT Chair shall appoint the Chair of the Strategy Committee and GMT Board members, alternates, and community members from GMT member communities are eligible for membership to the Strategy Committee. GMT Board membership on the Strategy Committee will be limited to that number that doesn’t produce a quorum of Board members. Community members of the Strategy Committee shall be approved by the GMT Board and shall be required to be interviewed by the Board prior to their appointment to the committee. The appointment term for the community members shall be one year and such committee members will need to be reappointed by the Board annually.

Committee Charge: To set the vision and broad goals for GMT.

Committee Responsibilities: • Periodically re-evaluate GMT’s vision and mission statements. • Guide a periodic strategic planning process for the Board of Commissioners that produces recommended Board and organizational goals. • Identify, evaluate, and prioritize new ventures (service expansion, new technology implementation, capital projects, etc.) for the Board’s review and approval. • Develop GMT’s Transit Development Plan.

Amended by CCTA Board September 24, 2008 Amended by CCTA Board August 25, 2010 Name changed to GMT by Executive Assistant June 6, 2017

GMT Policy GMT Standing Committee Policy Attachment 4 Operations Committee

Committee Membership: The GMT Chair shall appoint the Chair of the Operations Committee. GMT Commissioners and alternates are eligible for membership in the Operations Committee. Membership in the Operations Committee will be limited to a number that does not produce a quorum of the GMT Board of Commissioners. To the extent feasible, the Operations Committee will reflect the geographic makeup of the Board as a whole.

The Operations Committee shall engage GMT staff (union and nonunion), and community members from rural and urban areas served by GMT who are reflective of the diversity of the community, and will provide an opportunity for advisory input to the Operations Committee relevant to its purpose.

Committee Charge: Review established maintenance and operations policies and review proposed new policies where deemed appropriate by the committee. Oversee the human resource, maintenance, and operations management of the organization by ensuring the relevant policies serve the best interest of the organization. Ensure that adequate measures are in place to assure and monitor accountability to those policies.

Committee Responsibilities: • Review operating policies for consistency with industry standards, identify the need for revision of these policies, and recommend appropriate revisions to the full Board. • Develop, with the help of staff (union and non-union), key elements of a maintenance, human resources, and operational reporting process including the content, format, and frequency of performance reports to Board, and oversee implantation of the process. • Review GMT Human Resources policies, procedures, and outcomes. • Review the operation and maintenance of all facilities and properties owned and/or operated by GMT and make recommendations for improvements to the Board. • Assess GMT’s maintenance and operational performance improvement relative to forecasts, action plans, and industry standards to improve

efficiency, effectiveness, access to services, safety, and sustainability of operations. • Present an overall assessment of the past year’s maintenance and operational performance at the annual strategic planning work session(s) involving the full Board of Commissioners and lead discussions in regard to performance improvement strategies.

FY15 Board Retreat September 16, 2014. CCTA Urban Revenue

FY14 Operating Revenues (pre-audit) Federal formula for small urban area: Base funding = $1,416,537

State Passenger 17% Revenue Misc. Revenue Small Transit Intensive Cities bonus: 18% 5% Purchase of Services Year Amount Per Factor # Factors Total 0% 2011 $129,606 3 $388,819 Federal Local 37% 23% 2012 $131,515 4 $526,059 2013 $180,461 5 $902,303 2014 $192,016 5 $960,081

FY14 pre-audit operating revenue: $12,901,406 Based on: bus utilization; level of service provided; level of service consumed FY14 Fixed Route Expenses: • $13,237,949.11 FY14 Capital Budget Program: $7,005,371 FY14 Fixed Route Passenger Rev: • $5,704,297 Federal (80%) • $2,341,048.54 • $650,537 State (10%) • $644,537 Local (10%) FY14 Fixed Route Farebox Recovery: • 18% CCTA Rural Revenue

FY14 Operating Revenues (pre-audit) FY14 Capital Budget Program: $737,807 • $590,246 Federal (pass-through) (80%) • $73,781 State (10%) Passenger Misc. Revenue Revenue 5% 3% • $73,781 Local (10%) Purchase of Services 2%

State 35% Medicaid NEMT FY14 Deviated Fixed Route Expenses: 20% $5,887,794.87 Federal Pass- Through Local 28% 7% FY14 Passenger Rev: $159,071

FY14 Farebox Recovery: 3% Who are the State & the Feds?

• State: • Federal: – Governor – Congress – Legislature • Transportation Authorization Bills (MAP- – VTrans- Vermont 21) Agency of • Annual Appropriations Transportation – FTA- Federal Transit – DVHA – Department Administration of VT Health Access – FHWA- Federal Highway Administration Federal Funding

• The FTA provides CCTA (direct recipient) Operating (5307) funding per MAP-21 based on annual Congressional appropriations. Small Transit Intensive Cities (STIC) is a category for small urban areas that provide more service than expected due to special factors.

• The USDOT provides “flex” funding which goes to the State and can be transferred back to FHWA to FTA for transit use. – STP- Surface Transportation Program – CMAQ- Congestion Mitigation and Air Quality Improvement Program

• Under MAP-21, many federal funds that came directly to CCTA now flow to the State as allocations for small urbanized areas and are either transferred by the State back to FTA for CCTA to apply directly, or are awarded to CCTA directly through the annual state grant application process State Funding • From VTrans, • From VTrans, GMTA CCTA receives receives • State dollars • State dollars • Annual operating grants for urban • Annual operating grants for rural system and E&D in urban area routes and demand-response • 10% match to CCTA annual capital • 10% match to GMTA annual capital program program • Federal Funding via State of • Federal Funding via State of Vermont Vermont • Transfer grants for urban CMAQ & • Operating, preventive maintenance, preventive maintenance administrative funds for rural routes • Planning and mobility management • Planning • Capital • E&D demand-response • RTAP • Capital Federal Funds Direct to CCTA

Transportation Bill Congress provides authorizes annual programs and appropriations maximum dollar amount

Congress provides FHWA annual Flexible appropriations Funds

5307-Operating & Federal Allocations to 5310 E&D 5311 E&D CMAQ-Congestion STP-Surface PL-Planning Funds Capital and STIC Capital Operating Mitigation and Air Transportation Program States for Small Urban Quality Areas for JARC; Mobility Management & Capital VTRANS VTRANS VTRANS VTRANS VTRANS CCTA applies for Grant w/FTA VTRANS

CCTA GMTA (rural CCTA submits CCTA submits CCRPC grant request) application to application to VTRANS VTRANS VTRANS awards 5339 CCTA and 5311 submits SSTA for VTRANS transfers VTRANS transfers CCTA application to funds to FHWA funds to FHWA JARC to Vehicles leased E&D VTRANS CCTA in state to SSTA & program application Town of Essex For 5311, in Chittenden FHWA transfers FHWA transfers VTrans must County for VTrans applies for funds to FTA funds to FTA verify to FTA human mobility management that State’s services grant w/FTA on behalf other 5311 transportation of CCTA then passes needs have coordination been met. funds through to CCTA applies for CCTA applies for CCTA grant w/FTA grant w/FTA for Preventive Maintenance

**Projects must be in the TIP to receive funding** Federal Funding to GMTA via VTrans

Transportation Bill Congress provides authorizes programs and annual appropriations maximum dollar amount

FHWA Flexible Funds

Rural Technical 5311 or 5310 5311 CMAQ-Congestion PL-Planning Funds 5309 Capital Mitigation and Air Assistance Operating/ Quality Program (RTAP) Capital Admin/PM

VTRANS VTRANS VTRANS VTRANS VTRANS VTRANS

CCTA CCTA CCTA GMTA (rural CCTA submits CCTA submits grant request) application to application to VTRANS VTRANS (not every year)

Rural training Rural capital Vehicles used Rural VTRANS passes VTRANS awards for and technical program for human deviated CMAQ funds through special projects assistance services and fixed to CCTA for rural CMAQ routes transportation routes; coordination – leases with E&D CIDER & City Program in of Montpelier FGI & Central VT

**Projects must be in the STIP to receive federal funding** Urban Grant Compliance Cognizant Agency Dept. of Transportation - Federal Transit Administration ADA CCTA Board of Commissioners Advisory Committee General Manager

Human Financial Maintenance Service Operations Grants Resources Management Planning • Equal • Cost allocation • Maintenance Plan • RPC funding • Safety & • FTA Master Employment plan • State of Good compliance Security Agreement Opportunity (categorization of Repair [TDP] Management • Application submittals, • Title 1 program costs by o Fleet maintenance at • Program of Plan • ADA department & regular intervals projects • Drug & drawdowns, (employment determination of o Mid-life rebuilds • Public Alcohol reporting o Facility maintenance • Fixed asset list ) eligible and non- for safety & security participation • ADA • Federal • Drug-free eligible costs) • Heavy • Fares • Bus Acquisition Workplace • Full Scope Audit duty/cutaway bus • Service utilization rate Regulation • DOT Testing • Financial procurements planning & and spare (procurements) & condition & • Buy America design ratio • Contracts & background capability • Fixed asset • Passenger • On-time leases checks assessment replacement and counts performance • Capital [TIP] • Insurance and disposition • Charter • Accident rate • Satisfactory risk assessment • Capital purchases service continuing • Common rule for maintenance • Title VI control standards: equipment • Capital o Financial reporting planning • DBE o Accounting records • ITS • Debarment & o Internal controls suspension Budget control Architecture o • Lobbying o Allowable costs o Source • NTD reporting documentation • Records o Cash management retention Rural Grant Compliance Cognizant Agency Regional Planning Vermont Agency of Transportation Transportation Advisory Committees: E&D Advisory Northwest Committees: CCTA Board of Commissioners Central VT Chittenden County Lamoille County FGI Mad River Valley Central VT General Manager

Human Financial Maintenance Service Operations Grants Resources Management Planning • Equal • Cost allocation • State of Good • GMTA TDP • Driver safety • Application Employment plan Repair • Public & security submittals, Opportunity (categorization of participation o fleet maintenance • System safety billing, • Title 1 program costs by at regular • Fares & security reporting • ADA department & intervals • Service • Drug & • Contracts & (employment) determination of planning & o facility Alcohol leases • Drug-free eligible and non- maintenance for design • ADA - • Capital [STIP] Workplace eligible costs) safety & security • Passenger deviations • NTD reporting • Full Scope Audit • Cutaway bus counts • Bus utilization • Debarment • Non-Emergency procurements • Charter rate and • Human Medicaid • Buy America service spare ratio services Transportation • Fixed asset • Title VI • On-time transportation (NEMT) replacement and • Capital performance coordination administration disposition planning • Accident rate • Capital • Capital purchases • Service planning & for maintenance Metrics budgeting equipment Green Mountain Transit FY19 Operating Budget

ABC DEFGHI $ Changes between FY19 Approved & s PROPOSED FY19 Adjusted Budget Approved FY19 Budget (APPROVED DEC 17) Proposed Adjusted FY19

URBAN RURAL Total URBAN RURAL Total URBAN RURAL Total

1 Revenues 2 3 FEDERAL, STATE AND LOCAL REVENUES 4 Municipal Member Assessments 2,300,970 0 2,300,970 2,300,970 0 2,300,970 0 0 0 5 Municipal Paratransit Assessments 637,765 0 637,765 637,765 0 637,765 00 0 6 Local Operating Assistance 96,661 421,725 518,386 96,661 421,725 518,386 0 0 0 7 Federal Urban Formula Grant 3,062,532 0 3,062,532 2,678,726 0 2,678,726 383,806 0 383,806 8 Federal Rural Operating Grant 0 1,180,000 1,180,000 0 1,180,000 1,180,000 0 0 0 9 State Regular Subsidy Operating Grant 2,247,786 1,100,000 3,347,786 2,437,612 900,000 3,337,612 (189,826) 200,000 10,174 10 E&D Grants and Cash Match 0 1,117,698 1,117,698 0 1,117,698 1,117,698 00 0 11 CMAQ Grants 1,116,622 328,500 1,445,122 1,036,427 305,644 1,342,071 22,856 12 Preventative Maintenance Grants 1,613,684 550,000 2,163,684 1,500,000 547,474 2,047,474 113,684 2,526 116,210 13 Other Federal/State Grants 78,750 74,250 153,000 72,122 18,000 90,122 6,628 56,250 62,878 14 Fund Balance Reserves 0 0 0 0 0 0 0 0 0 15 Capital Reserve Revenue 0 0 0 281,250 190,000 471,250 (281,250) (190,000) (471,250) 16 Total Federal, State and Local Revenues 11,154,770 4,772,173 15,926,944 11,041,533 4,680,541 15,722,075 33,042 91,632 101,818 17 18 OPERATING REVENUE 19 Passenger Revenue 2,252,500 124,954 2,377,454 2,389,600 125,200 2,514,800 (137,100) (246) (137,346) 20 Paratransit Fare (pass thru from SSTA) 115,000 0 115,000 115,000 0 115,000 0 0 0 21 Advertising Revenue 200,000 50,000 250,000 200,000 50,000 250,000 0 0 0 22 Planning Revenue 362,106 25,000 387,106 362,106 30,000 392,106 0 (5,000) (5,000) 23 Interest Earnings 1,200 4,000 5,200 3,000 4,000 7,000 (1,800) 0 (1,800) 24 Miscellaneous Revenue 19,000 0 19,000 19,000 0 19,000 0 0 0 25 Sales of Equipment 3,000 5,000 8,000 11,000 5,000 16,000 (8,000) 0 (8,000) 26 Medicaid Purchase of Service Revenue 0 2,047,728 2,047,728 0 1,611,771 1,611,771 0 435,957 435,957 27 Misc. Purchase of Service 43,844 140,000 183,844 43,844 225,716 269,560 0 (85,716) (85,716) 28 Warranty Revenue 2,000 2,000 4,000 2,000 2,000 4,000 0 0 0 29 30 Operating Revenues 2,998,650 2,398,682 5,397,332 3,145,550 2,053,687 5,199,237 (146,900) 344,995 198,095 31 32 TOTAL REVENUES 14,153,420 7,170,856 21,324,276 14,187,083 6,734,229 20,921,312 (113,858) 436,627 299,913 33 68% 32% 34 Expenses 35 SALARIES AND WAGES 36 Other Wages 1,611,945 973,620 2,585,565 1,718,852 980,931 2,699,783 (106,907) (7,311) (114,218) 37 Driver Wages 4,232,344 1,932,897 6,165,241 4,242,344 1,472,643 5,714,987 (10,000) 460,254 450,254 38 Mechanic Wages 934,095 186,324 1,120,419 989,794 169,445 1,159,239 (55,699) 16,879 (38,820) 39 SALARIES AND WAGES 6,778,384 3,092,841 9,871,225 6,950,991 2,623,019 9,574,009 (172,607) 469,823 297,216 40 41 PERSONNEL TAXES AND BENEFITS 42 Payroll Taxes FICA/MC (7.65% of Wages) 518,546 216,602 735,148 531,751 200,661 732,412 (13,205) 15,941 2,736

S:\CCTA\Budget & Assessments\FY19 Budget\FY2019 Operating Budget (DEC2018).xlsx Green Mountain Transit FY19 Operating Budget

ABC DEFGHI $ Changes between FY19 Approved & s PROPOSED FY19 Adjusted Budget Approved FY19 Budget (APPROVED DEC 17) Proposed Adjusted FY19

URBAN RURAL Total URBAN RURAL Total URBAN RURAL Total

43 Unemployment Tax Exp 20,000 22,000 42,000 7,000 22,000 29,000 13,000 0 13,000 44 Medical Insurance 1,745,723 426,165 2,171,888 1,571,720 570,016 2,141,736 174,003 (143,851) 30,152 45 Retirement ER Contributions 281,981 71,135 353,116 289,161 60,329 349,490 (7,180) 10,806 3,626 46 Employee Development 31,000 28,000 59,000 31,000 28,000 59,000 0 0 0 47 GM Developmentt/training 0 0 0 4,500 4,500 9,000 (4,500) (4,500) (9,000) 48 Employee Benefits 245,894 75,074 320,968 255,666 94,063 349,729 (9,772) (18,989) (28,761) 49 PERSONNEL TAXES AND BENEFITS 2,843,144 838,976 3,682,120 2,690,798 979,569 3,670,367 152,346 (140,593) 11,753 50 51 GENERAL AND ADMIN EXPENSES 52 Admin Supplies and Expenses 43,740 21,600 65,340 43,740 21,600 65,340 00 0 53 Recruiting Expenses 18,400 12,000 30,400 18,400 12,000 30,400 0 0 0 54 Dues and Subscriptions 27,838 10,033 37,871 27,838 10,033 37,871 0 0 0 55 Travel and meetings 3,500 3,500 7,000 3,500 3,500 7,000 0 0 0 56 Communications 59,360 28,816 88,176 58,880 28,336 87,216 480 480 960 57 Computer Services 124,320 57,164 181,484 124,320 57,164 181,484 0 0 0 58 Board Development 0 0 0 0 0 0 0 0 0 59 Legal Fees 25,000 3,000 28,000 10,000 3,000 13,000 15,000 0 15,000 60 Insurance 906,451 402,456 1,308,907 769,771 317,850 1,087,621 136,680 84,606 221,286 61 Audit Fees 19,425 8,325 27,750 19,425 8,325 27,750 0 0 0 62 Consulting Fees 6,000 6,000 12,000 0 0 0 6,000 6,000 12,000 63 GENERAL AND ADMIN EXPENSES 1,234,034 552,894 1,786,928 1,075,874 461,808 1,537,683 158,160 91,086 249,246 64 65 OPERATIONS EXPENSES 66 Employee New Hire/Background Checks 1,900 8,325 10,225 1,900 8,325 10,225 0 0 0 67 Drug & Alcohol Testing 0 0 0 0 0 0 0 0 0 68 DOT Testing 5,850 7,920 13,770 5,850 7,920 13,770 0 0 0 69 Employment Recruitment Referral Program 800 400 1,200 800 400 1,200 0 0 0 70 Drivers' Uniforms 22,546 20,170 42,716 25,746 20,170 45,916 (3,200) 0 (3,200) 71 Safety Expense 2,300 1,700 4,000 2,300 1,700 4,000 0 0 0 72 Misc. Operating Expenses 7,100 2,675 9,775 7,100 2,675 9,775 0 0 0 73 OPERATIONS EXPENSES 40,496 41,190 81,686 43,696 41,190 84,886 (3,200) 0 (3,200) 74 75 PLANNING EXPENSES 76 Other Planning Expense 0 25,000 25,000 0 25,000 25,000 0 0 0 77 CCRPC Planning Exp 100,000 0 100,000 100,000 0 100,000 0 0 0 78 PLANNING EXPENSES 100,000 25,000 125,000 100,000 25,000 125,000 0 0 0 79 80 VEHICLE/BUILDING MAINTENANCE EXP 81 Parts Expense ‐ Non‐Revenue Vehicle 7,000 4,500 11,500 7,000 4,500 11,500 0 0 0 82 Parts Expense ‐ Revenue Vehicles 408,394 190,000 598,394 408,394 166,823 575,217 0 23,177 23,177 83 Tires 90,000 25,000 115,000 90,000 25,000 115,000 0 0 0 84 Facility Maintenance 70,000 57,200 127,200 70,000 57,200 127,200 0 0 0 85 Passenger Facility Expense 34,452 0 34,452 42,988 0 42,988 (8,536) 0 (8,536)

S:\CCTA\Budget & Assessments\FY19 Budget\FY2019 Operating Budget (DEC2018).xlsx Green Mountain Transit FY19 Operating Budget

ABC DEFGHI $ Changes between FY19 Approved & s PROPOSED FY19 Adjusted Budget Approved FY19 Budget (APPROVED DEC 17) Proposed Adjusted FY19

URBAN RURAL Total URBAN RURAL Total URBAN RURAL Total

86 Cleaning Expense 58,000 7,200 65,200 58,000 7,200 65,200 0 0 0 87 Repeater Fees 21,600 16,200 37,800 21,600 16,200 37,800 0 0 0 88 Light, Heat and Water 153,000 55,000 208,000 153,000 55,000 208,000 0 0 0 89 Fuel ‐Vehicles 1,036,308 333,235 1,369,543 1,036,308 333,235 1,369,543000 90 Maintenance Tools/Supplies/Uniforms 88,975 15,944 104,919 90,075 14,744 104,819 (1,100) 1,200 100 91 Misc. Maintenance Expenses and fees 6,000 2,000 8,000 6,000 2,000 8,000 0 0 0 92 VEHICLE/BUILDING MAINTENANCE EXP 1,973,729 706,279 2,680,008 1,983,365 681,902 2,665,267 (9,636) 24,377 14,741 93 94 95 CONTRACTED EXPENSES 96 ADA/SSTA PARATRANSIT 1,215,055 0 1,215,055 1,215,000 0 1,215,000 55 0 55 97 Partner Local Share (ACTR) 19,833 0 19,833 19,833 0 19,833 0 0 0 98 Functional Assessment Expenses 8,500 0 8,500 10,000 0 10,000 (1,500) 0 (1,500) 99 Volunteer Drivers 0 520,000 520,000 0 600,000 600,000 0 (80,000) (80,000) 100 Other Transportation Svcs 14,021 800,000 814,021 17,776 700,000 717,776 (3,755) 100,000 96,245 101 CONTRACTOR EXPENSES 1,257,409 1,320,000 2,577,409 1,262,609 1,300,000 2,562,609 (5,200) 20,000 14,800 102 103 MARKETING EXPENSE 104 Bus Tickets/Fare Media 20,000 2,400 22,400 20,000 2,400 22,400 0 0 0 105 Marketing Exp 52,000 42,340 94,340 52,000 45,840 97,840 0 (3,500) (3,500) 106 Public Information 29,000 19,500 48,500 37,000 23,000 60,000 (8,000) (3,500) (11,500) 107 MARKETING EXPENSE 101,000 64,240 165,240 109,000 71,240 180,240 (8,000) (7,000) (15,000) 108 109 OTHER EXPENSES 110 Debt Service/Capital Reserve 50,000 0 50,000 50,000 0 50,000 0 0 0 111 Capital Match Fund 94,224 210,435 304,659 281,250 190,000 471,250 (187,026) 20,435 (166,591) 112 OTHER EXPENSES 144,224 210,435 354,659 331,250 190,000 521,250 (187,026) 20,435 (166,591) 113 114 Total Expenses 14,472,420 6,851,856 21,324,276 14,547,583 6,373,728 20,921,311 59,537 898,442 957,979 115 116 Cost Allocations 319,000 (319,000) 0 360,500 (360,500) 0 41,500 (41,500) 0 117 118 Balance (0.00) (0.00) (0.01) 0 0 0 (131,895) (503,315) (658,066)

S:\CCTA\Budget & Assessments\FY19 Budget\FY2019 Operating Budget (DEC2018).xlsx FY19 Capital Budget Run date: 11/27/2018

Awarded Urban Capital Federal From GMT Current From Local From Non- Federal Funds Funds Prio fiscal year Local Capital Match GMT local Awarded by Awarded by rity Item Description GL Acct 100% 80% Federal 10% State 10% Local Capital Match Fund Funds Vtrans FTA

1 A 3 - Replacement Big Buses 9700-0900-10$ 1,501,196 $1,200,957 $150,120$ 150,120 $ (0.00) 150,120 $1,200,957

1 C One Industrial Renovations/Equipment/Design 9750-0900-10 $ 715,000 $572,000 $58,604$ 84,396 $ - 84,396 $572,000

1 D 9 - Replacement SSTA Vehicles 9700-0900-10$ 788,700 $670,395 $39,435$ 78,870 $ - - $78,870 $670,395

1 E Replace Roof and HVAC @ 15 Industrial 9750-0900-10 $ 900,000 $720,000 $52,896$ 127,104 $ 52,104.00 75,000 $360,000 $360,000

2 F Facility PM (such as front steps/Handicap entrance, replace tile flooring, etc) 9750-0900-10 $ 20,000 $16,000 $2,000$ 2,000 $ 2,000.00 - $16,000

2 G Spare parts, miscellaneous support equipment 9715-0900-10 $ 340,000 $272,000 $34,000$ 34,000 $ 34,000.00 - $272,000

CF H Security Project (remaining project balance) 9740-0900-10 $ 130,000 $104,000 $13,000$ 13,000 $ - 13,000 $104,000

CF I Routematch AVL and paratransit software 9765-0900-10 $ 140,981 $112,785 $28,196$ - $ - - $112,785

CF J Ramp and Site Improvements 9740-0900-10 $ 475,000 $380,000 $47,500$ 47,500 $ - 47,500 $380,000

CF K DTC Heater Upgrade (remaining project balance) 9750-0900-10 $ 10,600 $8,480 $0$ 2,120 $ 2,120.00 -

CF L Bus Passenger Shelters and Amenities 9720-0900-10 $ 20,000 $16,000 $0$ 4,000 $ 4,000.00 - $16,000 Total $ 5,041,477 $ 4,072,617 $ 425,751 $ 543,110 $ 94,224 370,016 $ 2,632,137 $ 1,432,000 Total Local Match$ 464,240 ** Special Services Transportation Agency Balance of LCMF 6/30/18 617,356 247,340 *** Elders and Persons With Disabilities Program. Remaining after 6/30/2019

Rural Capital

From Prior Federal From GMT Current Year Local From Non Federal Funds Funds Prio fiscal year Local Capital Match GMT Local Awarded by Awarded by rity Item Description TDP Link 100% 80% Federal 10% State 10% Local Capital Match Fund Funds Vtrans FTA

1 AA 10 Expansion cutaways 9700-0900-30 $ 1,000,000 $800,000 $0$ 200,000 $ 100,000 100,000 $800,000

1 AB 11 Replacement Vehicles 9700-0900-30 $ 1,054,350 $896,198 $52,717$ 105,435 $ 105,435 -

1 AC Spare Parts, Misc. Suppoort Equipt, etc 9715-0900-30 $ 25,000 $20,000 $2,500$ 2,500 $ 2,500 - $20,000

2 AD Facility PM - rural facilities 9750-0900-30 $ 25,000 $20,000 $2,500$ 2,500 $ 2,500 - $20,000

Total $ 2,104,350 $ 1,736,198 $ 57,717 $ 310,435 $ 210,435 100,000 $ 840,000 Total Local Match$ 310,435 * Cut Away Bus = Truck/Van Front/Bus Body Balance of LCMF 6/30/18 273,699 173,699 ** Champlain Islanders Developing Essential Resources. CIDER pays a one time lease fee that helps us meet our the local match obligation. Remaining after 6/30/2019

S:\CCTA\Budget & Assessments\FY19 Budget\FY2019 Operating Budget (DEC2018).xlsx Printed on:12/11/2018

2018 STRATEGIC PLAN

DOCUMENTS

2018 Strategic Plan

This one-sheet document acts as a snap shot overview of GMT’s goals and objectives. Who should use this document?

This document is useful for board members, departments, and stakeholders. This document serves as both an inward and outward facing tool for GMT to communicate its priorities to employees and the public.

2018 Strategic Plan Logframe

This document is a road-map for achieving GMT’s goals. Who should use this document?

The logframe is a tool that departments and the GM can use to shape their action plans for achieving GMT’s objectives. This is a living document that should be edited and updated as objectives are identified, tasks are completed, and measures and outcomes are met.

Objective Based Action Plans

Action Plans can be formal or informal documents created by departments assigned to specific objectives. These plans should contain a more detailed breakdown of tasks, the employees assigned to complete them, and a timeline for completion.

DEFINITIONS

Mission Statement: A statement that expresses the high-level intention of an organization.

Goals: A high-level, broad, non-specific, and long-term definition of what the organization wants to accomplish.

Objectives: An objective is a low-level description of the specific and measurable activities and deliverables required to achieve a goal.

Tasks: What needs to be done to complete the objective. A task can be a specific action or process, and many tasks will likely be involved to meet objectives. The key consideration for tasks is that they contribute directly to achieving the objective, and therefore the goal.

Measures/Outcomes: Measures and outcomes are milestones to let you know when you’ve completed a task or objective.

2018 STRATEGIC PLAN LOGFRAME

Goal Objective Task Department Measures - Outcome Research possible grant opportunities Finance Successful grant negotiations Identify new revenue streams Research advertising revenue Marketing Advertising revenue increased by X

Minimize financial burden Review financial impact of strategic Gross costs of strategic plan of strategic plan Finance 1. Achieve plan task items before implementation implementation shall not exceed X Financial implementation Complete capital asset management What measure of success will the capital Stability Balance budget Finance plan (October 2018) asset plan lead to? Achieve a clean single What task would result in a clean single Finance Clean single audit audit audit? Planning Identify and implement labor cost Reduce the cost of labor Operations Reduction in overtime costs containment strategies HR Design and implement quarterly Improve customer Planning Improvement in tracked service variables surveys (see goal 8) feedback Track online feedback Planning Improvement in tracked service variables Improve customer service Develop CSR training manual Admin Positive customer feedback on CSR Increased ridership and improvement in 2. Improve Install digital signage Admin customer feedback variable Customer Make the transit system Customers will be able to purchase tickets Implement mobile ticketing Admin Experience easy to navigate on their phone and use them on the bus Increased ridership and improvement in AVL technology Admin (Enhance customer feedback variable Master database of stop and transit User Preform bus stop audit Planning Design amenity oriented amenities Friendliness) transit centers and stops Prioritize budget for amenity Plan for amenity implementation based Ops implementation on stop metrics Expand wireless How can we increase customers access connectivity along routes Admin to wifi? and near stops

Improve public Install stop announcements on buses Admin communications Automate passenger counter signal Admin prioritization Goal Objective Task Department Measures - Outcome Identify and implement technology Planning that can provide on-time performance Accurate metrics on on-time performance Ops Measure and achieve %90 metrics on-time performance Improve performance metrics to Planning Increase in on-time performance to achieve at least %90 on time Ops exceed %90 performance Identify marketing and PR Implement marketing and public affairs Marketing priorities plan Improve information Admin

technology system Finance

Planning 3. Increase Improve parking Ridership Admin

Improve public Marketing

communication Admin

Identify opportunities for transit to Improve multi-modal integrate with existing and potential Planning connections forms of alternative transportation

Planning Implement route changes Ops

Goal Objective Task Department Measures - Outcome Implement new updated training Improve safety for programs for Operations and Ops Operations and Decrease in safety incidents Maintenance including prevention and Maintenance Maintenance employees safety topics Improve reliability of fleet Increase % of PM completed on time Maintenance Decrease in road calls 4. Operational Reduce average age of Prioritize grant funding to purchase Admin/Finance Decrease in road calls Excellence, fleet new vehicles Maintain positive labor & Efficiency, What initiatives will achieve this? Admin/HR Positive employee feedback and Safety employee relationship

Review Performance Improvement Improve performance HR/Board Implement new PIP Plan (PIP)

Board is engaged with Board attendance and participation in Board Attendance is above %80 GMT assigned committee meetings 5. Board Board is informed on Board members will participate in Options for training available and being Board Engagement public transit training events taken advantage of Informed ridership Surveys at DTC and on Buses HR/Marketing experiences Analyze current services including rural Admin/ADA Comprehensive data on current services ADA and recommend Figure out where we are Evaluate Non-Emergency Medical 6. Operate now Efficient and Transportation (NEMT and Medicaid) Finance Recommendations for improvement contract services Accessible Paratransit and Medicaid Include name change and community Review Charter Admin Updated Charter Services assessments in Charter

Goal Objective Task Department Measures - Outcome Complete third party consultant review Admin and recommendations Energy Efficiency Plan Plan with Vtrans and RPCs to meet Admin state energy goals 7. Improve Decrease in amount and cost of energy Add electric buses to GMT’s fleet Admin/Finance Energy consumed by facilities and fleet Efficiency Improve fleet efficiency Decrease in amount and cost of energy Implement recommended fuel changes Maintenance consumed by fleet

Foster productive relationship with VTRANS Admin and the FTA

Understand Design and implement quarterly community/customer Marketing Survey results surveys (see goal 2) needs and priorities

8. Be an Asset to the Community Coordinate with regional Attend quarterly TAC meetings (with Improved integration of GMT into Planning planning commissions additional trips as needed) planning initiatives

Establish public policy Planning priorities with state and Admin federal legislative

Goal Objective Task Department Measures - Outcome

9. Improve Prioritized implementation Complete NextGen Report Planning System Wide recommendations Delivery Assess current situation Effectiveness and Efficiency Complete Comprehensive Service Action items to improve inter-regional Planning Analysis connectivity Complete fare and fare media analysis Planning Action items to improve service structure

1 Industrial Ave. Roof Replacement and HVAC Maintenance

Upgraded to a training facility or call 15 Industrial Admin center Monitor utility costs and upgrade as Admin DTC 10. Upgrade and needed Maintenance Complete upgrade for maintenance Admin Improve Berlin facility and admin areas Maintenance Facilities St. Albans Continue to monitor Maintenance

Stowe Garage Continue to monitor Maintenance Admin Montpelier Transit Center Capital Staff

Effective 5/2/2018 ■ Security System Installation at 15 Industrial Pkwy ■ Berlin Facility Renovation ■ Berlin Maintenance Garage ■ Connection Ramp between 1 Industrial Pkwy and 15 Industrial Pkwy ■ 1 Industrial Pkwy Site Improvements ■ 1 Industrial Pkwy Building Renovation ■ Montpelier Transit Center

Effective 5/2/2018 ■ Current system has five cameras, not all in working order ■ Current system has no access control or intrusion alerts ■ New system will have 26 cameras and 13 card reader doors ■ Same system currently used at DTC ■ Possibility for expansion to other GMT locations ■ Allows for management of all locations under a single system

Effective 5/2/2018 Effective 5/2/2018 ■ One of the oldest transit facilities in the state ■ Crumbling stucco exterior ■ Insufficient indoor bus parking ■ Small maintenance area with uneven floors ■ No quiet rooms for operators

Effective 5/2/2018 ■ New front entrance ■ New employee lounge and dining area ■ Completely remodeled bathrooms ■ New conference room with glass storefront ■ Large quiet room with space for partitioning ■ All new flooring with carpet and luxury vinyl tile ■ Major overhaul of HVAC system ■ Stucco exterior replaced with new insulated metal panel

Effective 5/2/2018 Effective 5/2/2018 ■ New carpet in offices and employee lounge ■ New tile in corridors, kitchen, dining area, bathrooms, cash room, and storage rooms ■ Luxury vinyl tile offers lots of design possibilities ■ Storefront glass brings light into conference room and generates a more spacious atmosphere

Effective 5/2/2018 Hallway to ■ Garage currently has insufficient space for parking bathrooms ■ Limited pull-through capability ■ Most of the morning pull-out is parked outside ■ Many buses are parked in unpaved section of the parking lot, which gets hazardous in the winter/spring Maintenance

Effective 5/2/2018 ■ Demolition of hallway and maintenance shop will dramatically increase parking space ■ Entire morning pull-out fleet could be parked indoors ■ All bays would have pull-through capability ■ Additional buses could be parked in new maintenance garage overnight

Effective 5/2/2018 ■ Dedicated wash bay with undercarriage wash ■ Third maintenance bay large enough to perform service on Gillig or MCI bus ■ Larger parts/storage space ■ Radiant slab ■ New waste oil burner ■ New bathroom

Effective 5/2/2018 Effective 5/2/2018 ■ Unites the two properties into a single campus. ■ Improve bus flow between properties. ■ Assist with management of bus washing queue during night shift. ■ Additional soils needed for ramp are obtained from DTC soil stockpile

Effective 5/2/2018 Dry swale for Possibility to add storm water offset Underground fiber line for New parking lot lights future connection to 15 Industrial

Complete re- paving of back Complete re-paving lot of front lot

Effective 5/2/2018 ■ Purchased in 2015 ■ GMT occupied in 2016 ■ Currently being used for storage and bus body repair. ■ Lots of rehab needed

Effective 5/2/2018 ■ Roof membrane application is several years past the warranty period. Insulation is in poor condition. ■ Majority of garage doors in need of repair or replacement. ■ Multiple sections of exterior siding and insulation in need of replacement ■ New concrete slab needed in southeast expansion ■ Main HVAC system is red-tagged

Effective 5/2/2018 ■ Expand indoor bus storage – could fit up to 21 buses ■ Repair overhead doors, garage floors, and demolish interior partitions ■ Rehab roof, exterior, and major systems ■ Renovate office and mechanical spaces into areas capable of accommodating future growth of the agency

Effective 5/2/2018 Effective 5/2/2018 Effective 5/2/2018 ■ Located at One Taylor Street ■ Main hub for Capitol District ■ Multi-modal center with the ability to serve bike, bus, inter-city bus, and rail passengers ■ Anticipated to open in late FY19 or early FY20

Effective 5/2/2018 Effective 5/2/2018 Effective 5/2/2018 Effective 5/2/2018 Effective 5/2/2018

Federal Compliance Audit

Green Mountain Transit Authority

June 30, 2018

Proven Expertise and Integrity

GREEN MOUNTAIN TRANSIT AUTHORITY

CONTENTS

JUNE 30, 2018

PAGE

INDEPENDENT AUDITORS' REPORT 1 - 3

MANAGEMENT’S DISCUSSION AND ANALYSIS 4 - 8

BASIC FINANCIAL STATEMENTS

GOVERNMENT-WIDE FINANCIAL STATEMENTS

STATEMENT A - STATEMENTS OF NET POSITION 9

STATEMENT B - STATEMENTS OF ACTIVITIES 10

STATEMENT C - STATEMENTS OF CASH FLOWS 11 - 12

NOTES TO FINANCIAL STATEMENTS 13 - 24

SUPPLEMENTAL INFORMATION

SCHEDULE A - SCHEDULES OF OPERATING REVENUES AND SUBSIDIES 25 - 26

SCHEDULE B - SCHEDULES OF EXPENSES 27 - 34

FEDERAL COMPLIANCE

SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 35 - 36

NOTES TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS 37

INDEPENDENT AUDITORS' REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS 38 - 39

INDEPENDENT AUDITORS' REPORT ON COMPLIANCE FOR EACH MAJOR PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE REQUIRED BY UNIFORM GUIDANCE 40 - 42

SCHEDULE OF FINDINGS AND QUESTIONED COSTS 43

Proven Expertise and Integrity

INDEPENDENT AUDITORS’ REPORT

Board of Commissioners Green Mountain Transit Authority Burlington, Vermont

Report on the Financial Statements

We have audited the accompanying financial statements of the business-type activities of the major fund of Green Mountain Transit Authority, as of and for the year ended June 30, 2018, and the related notes to the financial statements, which collectively comprise the Authority’s basic financial statements as listed in the table of contents.

Management’s Responsibility for the Financial Statements

Management is responsible for the preparation and fair presentation of these financial statements in accordance with accounting principles generally accepted in the United States of America; this includes the design, implementation, and maintenance of internal control relevant to the preparation and fair presentation of financial statements that are free from material misstatement, whether due to fraud or error.

Auditors’ Responsibility

Our responsibility is to express opinions on these financial statements based on our audit. We conducted our audit in accordance with auditing standards generally accepted in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement.

An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the entity’s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. Accordingly, we express no such opinion. An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness 3 Old Orchard Road, Buxton, Maine 04093 Tel: (800) 300-7708 (207) 929-4606 Fax: (207) 929-4609 www.rhrsmith.com 2 reasonableness of significant accounting estimates made by management, as well as evaluating the overall presentation of the financial statements.

We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinions.

Opinions

In our opinion, the financial statements referred to above present fairly, in all material respects, the respective financial position of the business-type activities of the major fund of Green Mountain Transit Authority as of June 30, 2018, and the respective changes in financial position and where applicable, cash flows thereof for the year then ended, in accordance with accounting principles generally accepted in the United States of America.

Other Matters

Required Supplementary Information

Accounting principles generally accepted in the United States of America require that the management’s discussion and analysis on pages 4 through 8 be presented to supplement the basic financial statements. Such information, although not a part of the basic financial statements, is required by the Governmental Accounting Standards Board, who considers it to be an essential part of financial reporting for placing the basic financial statements in an appropriate operational, economic, or historical context. We have applied certain limited procedures to the required supplementary information in accordance with auditing standards generally accepted in the United States of America, which consisted of inquiries of management about the methods of preparing the information and comparing the information for consistency with management’s responses to our inquiries, the basic financial statements, and other knowledge we obtained during our audit of the basic financial statements. We do not express an opinion or provide any assurance on the information because the limited procedures do not provide us with sufficient evidence to express an opinion or provide any assurance.

Other Information

Our audit was conducted for the purpose of forming opinions on the financial statements that collectively comprise Green Mountain Transit Authority’s basic financial statements. The Schedule of Operating Revenues and Subsidies and Schedule of Expenses are presented for purposes of additional analysis and are not a required part of the basic financial statements. The accompanying Schedule of Expenditures of Federal Awards is presented for purposes of additional analysis as required by Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance), and is also not a required part of the basic financial statements.

The Schedule of Operating Revenues and Subsidies, Schedule of Expenses and the Schedule of Expenditures of Federal Awards are the responsibility of management and were derived from and related directly to the underlying accounting and other records used to prepare the basic financial statements. Such information has been subjected to the auditing procedures applied in the audit of the basic financial statements and certain additional procedures, including comparing and reconciling such information directly to the underlying accounting and other records used to prepare the basic financial statements or to the basic financial statements themselves, and other additional procedures in accordance with auditing standards generally accepted in the United States of America. In our opinion, the Schedule of Operating Revenues and Subsidies, Schedule of Expenses and the Schedule of Expenditures of Federal Awards are fairly stated in all material respects in relation to the basic financial statements as a whole.

Other Reporting Required by Government Auditing Standards

In accordance with Government Auditing Standards, we have also issued our report dated January 7, 2019, on our consideration of Green Mountain Transit Authority’s internal control over financial reporting and our tests of its compliance with certain provisions of laws, regulations, contracts and grants agreements and other matters. The purpose of that report is to describe the scope of our testing of internal control over financial reporting and compliance and the results of that testing, and not to provide an opinion on internal control over financial reporting or on compliance. That report is an integral part of an audit performed in accordance with Government Auditing Standards and should be read in considering the Green Mountain Transit Authority’s internal control over financial reporting and compliance.

Buxton, Maine Vermont Registration No. 092.0000697 January 7, 2019

REQUIRED SUPPLEMENTARY INFORMATION MANAGEMENT'S DISCUSSION AND ANALYSIS JUNE 30, 2018

(UNAUDITED)

The following management’s discussion and analysis of Green Mountain Transit Authority's financial performance provides an overview of the Authority's financial activities for the fiscal year ended June 30, 2018. Please read it in conjunction with the Authority's financial statements.

Financial Statement Overview

The Authority’s basic financial statements include the following components: 1) government-wide financial statements and 2) notes to the financial statements. This report also includes required supplementary information which consists of other supplementary information including combining and other schedules.

Basic Financial Statements

The basic financial statements include financial information in the government- wide financial statements. These basic financial statements also include the notes to financial statements that explain in more detail certain information in the financial statements and also provide the user with the accounting policies used in the preparation of the financial statements.

Government-Wide Financial Statements

The government-wide financial statements provide a broad view of the Authority’s operations in a manner that is similar to private businesses. These statements provide both short-term as well as long-term information in regards to the Authority’s financial position. These financial statements are prepared using the accrual basis of accounting. This measurement focus takes into account all revenues and expenses associated with the fiscal year regardless of when cash is received or paid. The government-wide financial statements include the following two statements:

The Statement of Net Position – this statement presents all of the government’s assets, deferred outflows of resources, liabilities and deferred inflows of resources with the difference being reported as net position.

The Statement of Activities – this statement presents information that shows how the government’s net position changed during the period. All changes in net position are reported as soon as the underlying event giving rise to the change occurs, regardless of the timing of the related cash flows.

Both of the above mentioned financial statements have one column for the Authority’s activities. The type of activity presented for the Authority is:

● Business-type activities - These activities are normally intended to recover all or a significant portion of their costs through user fees and/or charges to external users for goods and/or services.

Notes to the Financial Statements

The notes provide additional information that is essential to a full understanding of the data provided in the Government-Wide Financial Statements. The Notes to Financial Statements can be found following the Statements of Cash Flows.

Other Supplementary Information

Other supplementary information follows the notes to the financial statements. These combining and other schedules provide information in regards to operating revenues and subsidies and expenses.

Government-Wide Financial Analysis

Our analysis below focuses on the net position and changes in net position of the Authority's business-type activities. The Authority's net position increased by $1,527,005 from $31.80 million to $33.23 million.

Table 1 Green Mountain Transit Authority Net Position June 30,

2018 2017 Assets: Current Assets $ 4,494,632 $ 6,106,729 Capital Assets 30,628,967 28,031,330 Total Assets $ 35,123,599 $ 34,138,059

Liabilities: Current Liabilities $ 911,971 $ 1,516,828 Long-term Debt Outstanding 836,689 808,572 Total Liabilities $ 1,748,660 $ 2,325,400

Deferred Inflows of Resources: Deferred Revenue $ 48,635 $ 13,360 Total Deferred Inflows of Resources $ 48,635 $ 13,360

Net Position: Net Investment in Capital Assets $ 30,628,967 $ 28,031,330 Restricted 957,675 1,547,482 Unrestricted 1,739,662 2,220,487 Total Net Position $ 33,326,304 $ 31,799,299

Unrestricted net position - the part of net position that can be used to finance day- to-day operations without constraints established by debt covenants, enabling legislation, or other legal requirements - decreased by $480,825 from $2,220,487 to a balance of $1,739,662 at the end of this year.

Table 2 Green Mountain Transit Authority Changes in Net Position For the Years Ended June 30,

2018 2017

Operating Revenues: Purchase of services $ 4,075,932 $ 4,257,846 Intergovernmental 16,158,523 15,175,415 Other income 121,080 228,460 Total Operating Revenues 20,355,535 19,661,721

Operating Expenses: Transportation 20,558,400 19,679,335

Operating income (loss) (202,865) (17,614)

Nonoperating revenues (expenses) Contributions 5,949,821 3,667,103 Other nonoperating revenue (37,908) 13,941 Nonoperating expense (4,095,299) (4,824,165) Change in deferred cost pool (86,744) (61,055) Total non-operating revenues (expenses) 1,729,870 (1,204,176)

Change in net position 1,527,005 (1,221,790)

Net Position - July 1 31,799,299 33,021,089

Net Position - June 30 $ 33,326,304 $ 31,799,299

Revenues and Expenses

The Authority’s operating revenues and expenses increased over last year’s amounts. Operating revenues increased by 3.53% and operating expenses increased by 4.47%.

Capital Asset and Long-Term Debt Activity

Capital Assets

As of June 30, 2018, the net book value of capital assets recorded by the Authority increased by $2,597,637 over the prior year. Capital additions of $6,110,775 were recorded while net disposals of $175,750 were removed from the books. Depreciation expense in the amount of $3,337,388 was recorded.

All capital assets and capital improvements with an original cost of $5,000 or more are capitalized and depreciated, if necessary, in accordance with Government Accounting Standards Board Statement No. 34. More information on capital assets is included in Note 3 of Notes to Financial Statements.

Table 3 Green Mountain Transit Authority Capital Assets (Net of Depreciation) June 30,

2018 2017

Land $ 775,000 $ 775,000 Construction in progress 244,348 122,892 Land easement - right of way 278,687 281,552 Buildings and improvements 14,830,330 15,290,248 Bus stops and shelters 970,790 1,132,087 Revenue vehicles 13,144,931 10,061,978 Non-revenue vehicles 118,133 69,868 Office equipment 32,905 29,693 Shop equipment 233,843 268,012 Total $ 30,628,967 $ 28,031,330

Currently Known Facts, Decisions, or Conditions

Economic Factors and Next Year's Budgets and Rates

The Authority has steadily maintained a sufficient unrestricted net position to sustain government operations for a period of approximately one month, while also maintaining significant reserve accounts for future capital and program needs. However, several factors including the following will have an impact on that balance:

● Fuel market volatility ● Expansion of services and service routes ● Purchases of additional buses ● Rising medical, workers’ compensation and other insurance costs ● Declining State revenues and its effect on agency allocations ● Declining and/or level funded Federal grants

Contacting the Authority's Financial Management

This financial report is designed to provide our citizens, taxpayers, customers, and investors and creditors with a general overview of the Authority's finances and to show the Authority's accountability for the money it receives. If you have questions about this report or need additional financial information, contact the Authority’s Finance Department at 15 Industrial Parkway, Burlington, Vermont 05401.

STATEMENT A GREEN MOUNTAIN TRANSIT AUTHORITY

STATEMENTS OF NET POSITION JUNE 30,

2018 2017

ASSETS Current assets: Cash and cash equivalents (Note 2) $ 1,232,473 $ 1,936,055 Receivables (net of allowance for uncollectibles): Grants 1,624,956 2,134,753 Other 812,796 1,334,700 Deferred cost pool (Note 10) (267,263) (180,519) Inventories 662,976 638,426 Prepaid items 428,694 243,314 Total current assets 4,494,632 6,106,729

Noncurrent assets: Land, structures and equipment - net of accumulated depreciation and amortization (Note 3) 30,628,967 28,031,330

TOTAL ASSETS $ 35,123,599 $ 34,138,059

LIABILITIES Current liabilities: Accounts payable $ 619,168 $ 1,255,523 Accrued payroll expenses 182,827 152,669 Other accrued liabilities 109,976 108,636 Total current liabilities 911,971 1,516,828

Long-term liabilities: Accrued compensated absences (Note 4) 836,689 808,572 Total long-term liabilities 836,689 808,572

TOTAL LIABILITIES 1,748,660 2,325,400

DEFERRED INFLOWS OF RESOURCES Deferred revenue 48,635 13,360 TOTAL DEFERRED INFLOWS OF RESOURCES 48,635 13,360

NET POSITION Net investment in capital assets 30,628,967 28,031,330 Restricted (Note 5) 957,675 1,547,482 Unrestricted (Note 6) 1,739,662 2,220,487 TOTAL NET POSITION 33,326,304 31,799,299

TOTAL LIABILITIES, DEFERRED INFLOWS OF RESOURCES AND NET POSITION $ 35,123,599 $ 34,138,059

See accompanying independent auditors’ report and notes to financial statements. 9

STATEMENT B GREEN MOUNTAIN TRANSIT AUTHORITY

STATEMENTS OF ACTIVITIES FOR THE YEARS ENDED JUNE 30,

2018 Urban Rural Total 2017

OPERATING REVENUES Purchase of services $ 2,301,633 $ 1,774,299 $ 4,075,932 $ 4,257,846 Other income 103,813 17,267 121,080 228,460 Local subsidies 2,990,675 488,919 3,479,594 3,341,522 State subsidies 2,437,612 900,000 3,337,612 3,237,179 Federal subsidies 3,106,471 1,180,000 4,286,471 3,519,124 Other grants 3,063,175 1,991,671 5,054,846 5,077,590 TOTAL OPERATING REVENUES 14,003,379 6,352,156 20,355,535 19,661,721

OPERATING EXPENSES Transportation 13,764,445 6,793,955 20,558,400 19,679,335

OPERATING INCOME (LOSS) 238,934 (441,799) (202,865) (17,614)

NONOPERATING REVENUES (EXPENSES) SSTA lease payments - 3,736 3,736 55,057 Interest income 988 3,811 4,799 5,326 Lease payments (46,443) - (46,443) (46,442) Capital fund expense (607,736) (150,175) (757,911) (1,494,337) Depreciation expense (2,698,347) (639,041) (3,337,388) (3,329,828) TOTAL NONOPERATING REVENUES (EXPENSES) (3,351,538) (781,669) (4,133,207) (4,810,224)

CHANGE IN NET POSITION BEFORE CAPITAL CONTRIBUTIONS (3,112,604) (1,223,468) (4,336,072) (4,827,838)

CAPITAL CONTRIBUTIONS Capital contributions - grants 5,699,600 250,221 5,949,821 3,667,103 TOTAL CAPITAL CONTRIBUTIONS 5,699,600 250,221 5,949,821 3,667,103

CHANGE IN DEFERRED COST POOL (86,744) - (86,744) (61,055)

CHANGE IN NET POSITION 2,500,252 (973,247) 1,527,005 (1,221,790)

NET POSITION - JULY 1 28,680,349 3,118,950 31,799,299 33,021,089

NET POSITION - JUNE 30 $31,180,601 $ 2,145,703 $33,326,304 $ 31,799,299

See accompanying independent auditors’ report and notes to financial statements 10

STATEMENT C GREEN MOUNTAIN TRANSIT AUTHORITY

STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED JUNE 30,

2018 2017

CASH FLOWS FROM OPERATING ACTIVITIES Receipts from customers and users $ 8,198,510 $ 7,802,447 Receipts from operating grants 13,224,001 12,727,394 Payments to vendors (8,086,591) (8,588,662) Payments to employees (13,258,479) (12,888,948) NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES 77,441 (947,769) CASH FLOWS FROM INVESTING ACTIVITIES Interest income 4,799 5,326 NET CASH PROVIDED BY INVESTING ACTIVITIES 4,799 5,326

CASH FLOWS FROM CAPITAL AND RELATED FINANCING ACTIVITIES (Increase) decrease in land, structure and equipment (5,935,025) (1,824,067) Payments for capital fund expenses (757,911) (1,494,337) Proceeds from SSTA lease payments 3,736 55,057 Payments on leases (46,443) (46,442) Proceeds from capital grants and contributions 5,949,821 3,667,103 NET CASH PROVIDED (USED) BY CAPITAL AND RELATED FINANCING ACTIVITIES (785,822) 357,314 NET INCREASE (DECREASE) IN CASH (703,582) (585,129) CASH AND CASH EQUIVALENTS - JULY 1 1,936,055 2,521,184 CASH AND CASH EQUIVALENTS - JUNE 30 $ 1,232,473 $ 1,936,055

STATEMENT C (CONTINUED) GREEN MOUNTAIN TRANSIT AUTHORITY

STATEMENTS OF CASH FLOWS FOR THE YEARS ENDED JUNE 30,

2018 2017

RECONCILIATION OF OPERATING INCOME (LOSS) TO NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES: Operating income (loss) $ (202,865) $ (17,614) Changes in operating assets and liabilities: (Increase) decrease in grants receivables 509,797 948,269 (Increase) decrease in other receivables 521,904 (25,381) (Increase) decrease in inventories (24,550) 1,603 (Increase) decrease in prepaid items (185,380) 86,657 (Decrease) increase in accounts payable (636,355) (1,814,119) (Decrease) increase in accrued payroll expenses 30,158 (182,831) (Decrease) increase in deferred revenue 35,275 (54,768) (Decrease) increase in other accrued liabilities 1,340 14,309 (Decrease) increase in accrued compensated absences 28,117 96,106 NET CASH PROVIDED (USED) BY OPERATING ACTIVITIES $ 77,441 $ (947,769)

See accompanying independent auditors’ report and notes to financial statements. 12

GREEN MOUNTAIN TRANSIT AUTHORITY

NOTES TO FINANCIAL STATEMENTS JUNE 30, 2018 AND 2017

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Reporting Entity

Green Mountain Transit Authority was created in 1973 under the name Chittenden County Transportation Authority as a municipal corporation by an Act of the General Assembly of the State of Vermont. The Authority was formed for the purpose of providing public transportation services in Chittenden County. Fixed route (bus) transportation is provided in the following GMTA member communities: Burlington, Essex, Hinesburg, Milton, Shelburne, South Burlington, Williston, and Winooski. Paratransit service for people with disabilities is provided in those communities where it is required and Colchester. GMTA is governed by a Board of Commissioners consisting of one commissioner from each member community with the exception of Burlington who has two. The name of the Authority was changed to Green Mountain Transit Authority in the current fiscal year.

With the addition of Green Mountain Transit Agency on July 1, 2011, GMTA now also provides public transportation in Washington, Lamoille, Franklin and Grand Isle Counties in Vermont and the municipalities of Washington, Williamstown and Orange in Orange County, Vermont. GMTA currently provides a variety of transportation options including deviated fixed route bus service in Montpelier and Barre, Medicaid brokering for eligible recipients, commuter routes to Waterbury, Montpelier, Burlington, Morristown, Richford, Alburg, St. Albans City and St. Albans Town, volunteer drivers and Ticket-To- Ride program. In addition, GMTA participates with the Central Vermont Council on Aging, Barre Project Independence, Care Partners, Vermont Center for Independent Living, CIDER, Central Vermont Area Aging and the Franklin County Senior Center, in the Elderly and Disabled Program.

The Authority’s financial statements are prepared in accordance with generally accepted accounting principles (GAAP). The Governmental Accounting Standards Board (GASB) is responsible for establishing GAAP for state and local governments through its pronouncements (Statements and Interpretations). Governments are also required to follow the pronouncements of the Financial Accounting Standards Board (FASB) issued through November 30, 1989 (when applicable) that do not conflict with or contradict GASB pronouncements. Although the Authority has the option to apply FASB pronouncements issued after that date to its business-type activities and enterprise funds, the Authority has chosen not to do so.

The Authority’s combined financial statements include all accounts and all operations of the Authority. We have determined that the Authority has no component units as described in GASB Statement No. 14 and amended by GASB Statements No. 39 and No. 61.

GREEN MOUNTAIN TRANSIT AUTHORITY

NOTES TO FINANCIAL STATEMENTS JUNE 30, 2018 AND 2017

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Implementation of New Accounting Standards

During the year ended June 30, 2018, the following statements of financial accounting standards issued by the Governmental Accounting Standards Board became effective:

Statement No. 75, “Accounting and Financial Reporting for Postemployment Benefits Other than Pensions.” The primary objective of this Statement is to improve accounting and financial reporting by state and local governments for postemployment benefits other than pensions (other postemployment benefits or OPEB). It also improves information provided by state and local governmental employers about financial support for OPEB that is provided by other entities. This Statement results from a comprehensive review of the effectiveness of existing standards of accounting and financial reporting for all postemployment benefits (pensions and OPEB) with regard to providing decision- useful information, supporting assessments of accountability and interperiod equity, and creating additional transparency. Management has determined the impact of this Statement is not material to the financial statements.

Statement No. 81, “Irrevocable Split-Interest Agreements”. The objective of this Statement is to improve accounting and financial reporting for irrevocable split-interest agreements by providing recognition and measurement guidance for situations in which a government is a beneficiary of the agreement. Split-interest agreements are a type of giving agreement used by donors to provide resources to two or more beneficiaries, including governments. Split-interest agreements can be created through trusts or other legally enforceable agreements with characteristics that are equivalent to split-interest agreements in which a donor transfers resources to an intermediary to hold and administer for the benefit of a government and at least one other beneficiary. Examples of these types of agreements include charitable lead trusts, charitable remainder trusts, and life-interests in real estate. As such, this Statement requires that a government that receives resources pursuant to an irrevocable split-interest agreement recognize assets, liabilities, and deferred inflows of resources at the inception of the agreement. Management has determined the impact of this Statement is not material to the financial statements.

Statement No. 85, “Omnibus 2017.” The objective of this Statement is to address practice issues that have been identified during implementation and application of certain GASB Statements. This Statement addresses a variety of topics including issues related to blending component units, goodwill, fair value measurement and application, and postemployment benefits (pensions and other postemployment benefits [OPEB]). Management has determined the impact of this Statement is not material to the financial statements.

GREEN MOUNTAIN TRANSIT AUTHORITY

NOTES TO FINANCIAL STATEMENTS JUNE 30, 2018 AND 2017

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Statement No. 86, “Certain Debt Extinguishment Issues.” The primary objective of this Statement is to improve consistency in accounting and financial reporting for in- substance defeasance of debt by providing guidance for transactions in which cash and other monetary assets acquired with only existing resources - resources other than the proceeds of refunding debt - are placed in an irrevocable trust for the sole purpose of extinguishing debt. This Statement also improves accounting and financial reporting for prepaid insurance on debt that is extinguished and notes to financial statements for debt that is defeased in substance. Management has determined the impact of this Statement is not material to the financial statements.

Government-Wide and Fund Financial Statements

In the government-wide Statement of Net Position, the business-type activities are (a) presented on a consolidated basis, and (b) is reported on a full accrual, economic resources basis, which recognizes all long-term assets and receivables as well as long- term debt and obligations. The Authority's net position is reported in three parts - net investment in capital assets; restricted net position; and unrestricted net position. The Authority first utilizes restricted resources to finance qualifying activities.

The net costs (by function) are normally covered by general revenue (certain intergovernmental revenues and charges for services, etc.).

The government-wide focus is more on the sustainability of the Authority as an entity and the change in the Authority’s net position resulting from the current year’s activities.

Measurement Focus - Basic Financial Statements & Fund Financial Statements

The financial transactions of the Authority are reported in one fund in the financial statements. This fund is accounted for by providing self-balancing accounts that comprise its assets, deferred outflows of resources, liabilities, deferred inflows of resources, net position, revenues and expenditures/expenses. The following fund type is used by the Authority:

1. Proprietary Fund

The focus of proprietary fund measurement is upon determination of operating income, changes in net position, financial position, and cash flows. The generally accepted accounting principles applicable are those similar to businesses in the private sector. Operating revenues include charges for services, intergovernmental reimbursements and other miscellaneous fees which are a direct result of the proprietary activity. Nonoperating revenues are any revenues which are generated outside of the general proprietary activity, i.e. interest income. The following is a description of the proprietary fund of the Authority:

GREEN MOUNTAIN TRANSIT AUTHORITY

NOTES TO FINANCIAL STATEMENTS JUNE 30, 2018 AND 2017

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Major Fund

a. Enterprise Funds are required to be used to account for operations for which a fee is charged to external users for goods or services and the activity (a) is financed with debt that is solely secured by a pledge of net revenues, (b) has third party requirements that the cost of providing services, including capital costs, be recovered with fees and charges or (c) established fees and charges based on a pricing policy designed to recover similar costs.

The emphasis in fund financial statements is on the major funds in either the governmental or business-type activities categories. Nonmajor funds by category are summarized into a single column. GASB Statement No. 34 sets forth minimum criteria (percentage of the assets, deferred outflows of resources, liabilities, deferred inflows of resources, revenues, or expenses of either the fund category or the governmental and enterprise combined) for the determination of major funds. The activity of the Authority is in one major fund and there are no nonmajor funds.

Basis of Accounting

Basis of accounting refers to when revenues and expenditures or expenses are recognized in the accounts and reported in the financial statements. Basis of accounting relates to the timing of the measurements made, regardless of the measurement focus applied.

1. Accrual

Business-type activities in the government-wide financial statements are presented on the accrual basis of accounting. Revenues are recognized when earned and expenses are recognized when incurred.

Deposits and Investments

The Authority’s cash and cash equivalents are considered to be cash on hand, demand deposits and short-term investments with original maturities of three months or less from the date of acquisition.

GREEN MOUNTAIN TRANSIT AUTHORITY

NOTES TO FINANCIAL STATEMENTS JUNE 30, 2018 AND 2017

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

It is the Authority’s policy to value investments at fair value. None of the Authority’s investments are reported at amortized cost. The Authority’s Treasurer is authorized by State Statutes to invest all excess funds in the following:

- Obligations of the U.S. Government, its agencies and instrumentalities - Certificates of deposits and other evidences of deposits at banks, savings and loan associations, and credit unions - Repurchase agreements - Money market mutual funds

Inventories

Inventories consist of expendable supplies held for consumption and are valued at cost which approximates market, using the first-in/first-out (FIFO) method. The costs of inventories are recorded as expenditures when used (consumption method). Inventory of the Authority consists of tickets, fuel, oil, materials and supplies.

Prepaid Items

Certain payments to vendors reflect costs applicable to future accounting periods and are recorded as prepaid items in the government-wide financial statements.

Receivables

Receivables include amounts due from governmental agencies and local businesses. All receivables are current and therefore due within one year. Receivables are reported net of an allowance for uncollectible accounts and revenues net of uncollectibles. Allowances are reported when accounts are proven to be uncollectible. Allowances for uncollectible accounts netted with accounts receivable were $812,796 for the year ended June 30, 2018. The allowance for uncollectible accounts is estimated to be $0 as of June 30, 2018. Allowances for uncollectible accounts netted with grants receivable were $1,624,956 for the year ended June 30, 2018. The allowance for uncollectible accounts for grants receivable is estimated to be $0 as of June 30, 2018.

Capital Assets

Capital assets purchased or acquired with an original cost of $5,000 or more and a useful life longer than one year are reported at historical cost or estimated historical cost. Contributed assets are reported at fair market value as of the date received. Additions, improvements and other capital outlays that significantly extend the useful life of an asset are capitalized. Other costs incurred for repairs and maintenance are expensed as incurred. Depreciation on all assets is provided on the straight-line basis over the estimated useful lives.

GREEN MOUNTAIN TRANSIT AUTHORITY

NOTES TO FINANCIAL STATEMENTS JUNE 30, 2018 AND 2017

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

The assets are valued at historical cost when available and estimated historical cost where actual invoices or budgetary data was unavailable. Donated fixed assets are valued at their estimated fair market value on the date received. All retirements have been recorded by eliminating the net carrying values.

Estimated useful lives are as follows:

Land easement - right of way 99 years Buildings and improvements 10-50 years Bus stops and shelters 5-20 years Office equipment 5-10 years Revenue vehicles 7-12 years Shop equipment 7-20 years Non-revenue vehicles 4-12 years Computer equipment/software 3 years

Long-term Obligations

All long-term debt to be repaid from business-type resources is reported as liabilities in government-wide statements. The long-term debt consists of accrued compensated absences.

Compensated Absences

The Authority’s policies regarding combined time off permit employees to accumulate earned but unused combined time off. The liability for these compensated absences is recorded as long-term debt in the government-wide financial statements.

Net Position

Net position represents the difference between assets and liabilities. Net position invested in capital assets, net of related debt consists of capital assets, net of accumulated depreciation, reduced by the outstanding balances of any borrowing used for those assets, and adding back unspent proceeds. Net position is reported as restricted when there are limitations imposed on their use either through the enabling legislations adopted by the Authority or through external restrictions imposed by creditors, grantors or laws or regulations of other governments. Unrestricted net position is the net amount of the assets, deferred outflows of resources, liabilities, and deferred inflows of resources that are not included in the determination of net investment in capital assets or restricted net position.

GREEN MOUNTAIN TRANSIT AUTHORITY

NOTES TO FINANCIAL STATEMENTS JUNE 30, 2018 AND 2017

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Program Revenues

Program revenues include all directly related income items applicable to a particular program (charges to customers or applicants for goods, services, or privileges provided; operating or capital grants and contributions, including special assessments).

Operating/Nonoperating Proprietary Fund Revenues

Operating revenues consist mainly of direct revenue sources and/or charges for services applicable to that fund’s ongoing operations. All revenues and expenses not meeting this definition are reported as nonoperating revenues and expenses.

Deferred Outflows and Inflows of Resources

In addition to assets, the statement of financial position and/or balance sheet will at times report a separate section for deferred outflows of resources. This separate financial statement element, deferred outflows of resources, represents a consumption of net position that applies to a future period(s) and so will not be recognized as an outflow of resources (expense/expenditure) until then. The Authority currently has no deferred outflows of resources.

In addition to liabilities, the statement of financial position and or balance sheet will at times report a separate section for deferred inflows of resources. This separate financial statement element, deferred inflows of resources, represents an acquisition of net position that applies to a future period(s) and so will not be recognized as an inflow of resources (revenue) until that time. Deferred revenue qualifies for reporting in this category. This item is reported in both the statements of net position and proprietary funds balance sheet. All items in this category are deferred and recognized as an inflow of resources in the period that the amounts become available.

Encumbrance Accounting

Encumbrances are not liabilities and, therefore, are not recorded as expenditures until receipt of material or service. For budgetary purposes, operating budget appropriations lapse at fiscal year-end and capital budget appropriations remain available until appropriations are liquidated. The Authority does not utilize encumbrance accounting for its operations.

GREEN MOUNTAIN TRANSIT AUTHORITY

NOTES TO FINANCIAL STATEMENTS JUNE 30, 2018 AND 2017

NOTE 1 - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (CONTINUED)

Use of Estimates

During the preparation of the Authority’s financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets, liabilities, and disclosure of contingent items as of the date of the financial statements and the reported amounts of revenues and expenses/expenditures during the reporting period. Actual results may differ from these estimates.

NOTE 2 - DEPOSITS AND INVESTMENTS

State statutes require that all investments made by the Authority consider the safe and sound investment of principal and preservation of capital in the overall portfolio, maintenance of sufficient liquidity to meet day-to-day operations and other cash requirements and maximization of income, within established investment risk guidelines, with consistent cash flows throughout the budgetary cycle. These investment policies apply to all Authority funds.

Deposits:

Custodial credit risk for deposits is the risk that, in the event of a failure of a depository financial institution, the Authority will not be able to recover its deposits. The Authority does not have a policy covering custodial credit risk for deposits. However, the Authority maintains deposits in qualifying financial institutions that are a member of the FDIC or NCUSIF. At June 30, 2018, the Authority’s cash balances amounting to $1,232,473 were comprised of deposits of $1,139,602. Of these bank deposits, $250,000 was fully insured by federal depository insurance and consequently was not exposed to custodial credit risk and $889,602 was insured or collateralized with securities held by the financial institution in the Authority’s name and consequently were not exposed to custodial credit risk.

Bank Account Type Balance

Checking accounts $ 116,601 Repurchase agreements 1,023,001 $ 1,139,602

Investments:

Custodial credit risk for investments is that, in the event of failure of the counterparty, the Authority will not be able to recover the value of its investments or collateral securities that are in possession of an outside party.

GREEN MOUNTAIN TRANSIT AUTHORITY

NOTES TO FINANCIAL STATEMENTS JUNE 30, 2018 AND 2017

NOTE 2 - DEPOSITS AND INVESTMENTS (CONTINUED)

At June 30, 2018, the Authority did not have any investments.

Credit risk - Statutes for the State of Vermont authorize the Authority to invest in obligations of the U.S. Treasury, agencies and instrumentalities, other states and Canada, provided such securities are rated within the three highest grades by an approved rating service of the State of Vermont, corporate stocks and bonds within statutory limits, financial institutions, mutual funds and repurchase agreements. Generally, the Authority invests excess funds in cash management accounts and various insured certificates of deposit.

Interest rate risk - is the risk that changes in interest rates will adversely affect the fair value of an investment. The Authority does not have a formal investment policy that limits investment maturities as a means of managing its exposure to fair value losses arising from fluctuations in interest rates.

NOTE 3 - CAPITAL ASSETS

The following is a summary of changes in capital assets for the year ended June 30, 2018:

Balance, Balance, 7/1/17 Additions Deletions 6/30/18 Primary government: Non-depreciated assets: Land $ 775,000 $ - $ - $ 775,000 Construction in progress 122,892 154,445 (32,989) 244,348 897,892 154,445 (32,989) 1,019,348 Depreciated assets: Land easement - right of way 283,600 - - 283,600 Buildings and improvements 17,667,164 17,736 - 17,684,900 Bus stops and shelters 2,732,918 - - 2,732,918 Revenue vehicles 31,686,640 5,832,905 (3,062,807) 34,456,738 Non-revenue vehicles 321,711 81,262 (7,776) 395,197 Office equipment 22,939 18,107 (17,261) 23,785 Computer equipment/software 329,126 6,320 (5,208) 330,238 Bus accessories 234,260 - (106,507) 127,753 Shop equipment 566,919 - (22,230) 544,689 53,845,277 5,956,330 (3,221,789) 56,579,818 Less: accumulated depreciation (26,711,839) (3,337,388) 3,079,028 (26,970,199) Net depreciated capital assets 27,133,438 2,618,942 (142,761) 29,609,619

Total net capital assets $ 28,031,330 $ 2,773,387 $ (175,750) $ 30,628,967

GREEN MOUNTAIN TRANSIT AUTHORITY

NOTES TO FINANCIAL STATEMENTS JUNE 30, 2018 AND 2017

NOTE 4 - LONG-TERM DEBT

The following is a summary of changes in the long-term debt for the year ended June 30, 2018:

Balance, Balance, 7/1/17 Additions Deletions 6/30/18

Capital lease payable $ 321,970 $ - $ (35,831) $ 286,139 Accrued compensated absences 808,572 90,044 (61,927) 836,689

$ 1,130,542 $ 90,044 $ (97,758) $ 1,122,828

A summary of the outstanding capital lease payable is as follows:

The Authority entered into a capital lease payable with Municipal Leasing Consultants, LLC dated as of July 2, 2012 to acquire 10 replacement motor coaches. Under the agreement the Authority pays annual principal and interest payments of $46,443 through July 2, 2024. $ 286,139

The following is a summary of outstanding capital lease requirements for the fiscal years ending June 30:

Year Ending June 30: 2019 $ 46,443 2020 46,443 2021 46,443 2022 46,443 2023 46,443 2024-2028 92,886 Total minimum lease payment 325,101 Less amount representing interest (38,962) Present value of future minimum lease payments $ 286,139

GREEN MOUNTAIN TRANSIT AUTHORITY

NOTES TO FINANCIAL STATEMENTS JUNE 30, 2018 AND 2017

NOTE 5 - RESTRICTED NET POSITION

The following net position has been restricted at June 30, for the following purposes:

2018 2017 Restricted for obligated local match on capital purchases $ 66,620 $ 816,385 Restricted by the Board for future capital match 891,055 731,097 $ 957,675 $ 1,547,482

NOTE 6 - NET POSITION

The following table discloses the composition of net position at June 30, 2018, separated between Rural and Urban programs:

Urban Rural Total

Net investment in capital assets $ 28,966,474 $ 1,662,493 $ 30,628,967 Restricted net position (Note 5) 683,976 273,699 957,675 Unrestricted net position: Unrestricted, operating reserve 1,523,847 215,815 1,739,662

$ 31,174,297 $ 2,152,007 $ 33,326,304

The Authority currently has approximately one month of operating expenses in unrestricted net position.

NOTE 7 - RETIREMENT PLAN

Green Mountain Transit Authority contributes to a qualified 401(a) plan covering all eligible employees who have completed one year of service and have attained the age of 21. The plan is administered by Future Planning Associates, Inc. Employee contributions vest immediately and employer contributions are 100% vested after three years of service. Normal retirement age is 65, however, the pension plan also provides for early retirement at age 62 with completion of three years of service. GMTA’s contribution will be equal to 3% or more of the eligible employees’ gross wages for that year. Employee contributions during fiscal years ended June 30, 2018 and 2017, respectively, were $367,029 and $350,055. Pension expense for fiscal years ended June 30, 2018 and 2017, respectively, was $337,220 and $334,839. Total payroll covered under the plan is $8,355,012.

GREEN MOUNTAIN TRANSIT AUTHORITY

NOTES TO FINANCIAL STATEMENTS JUNE 30, 2018 AND 2017

NOTE 8 - CONTINGENCY

The Authority receives federal funds through grants and loans. Closeout of these grants may not happen until subsequent fiscal years. The Authority may be responsible for returning federal funds based upon the close out of these grants.

NOTE 9 - RISK MANAGEMENT

The Authority is exposed to various risks of loss related to torts; theft of, damage to, and destruction of assets; errors and omissions; injuries to employees; and natural disasters. The Authority maintains insurance coverage covering each of those risks of loss. Management believes such coverage is sufficient to preclude any significant uninsured losses to GMTA. Settled claims have not exceeded this coverage in any of the past three fiscal years.

GMTA is self-insured for unemployment coverage. The Authority must pay the Vermont Department of Labor for any paid claims. GMTA paid $33,885 and $38,274 for unemployment claims for the years ended June 30, 2018 and 2017, respectively.

NOTE 10 - DEFERRED COST POOL

For the fiscal years ended June 30, 2018 and 2017, the Authority used a Simplified Allocation Method with a fixed rate and a carryforward provision as prescribed under the Uniform Guidance. This methodology resulted in an under-allocation of general and administration costs at June 30, 2018 of $86,744 and an under-allocation of general and administration costs at June 30, 2017 of $61,938.

SCHEDULE A GREEN MOUNTAIN TRANSIT AUTHORITY

SCHEDULES OF OPERATING REVENUES AND SUBSIDIES FOR THE YEARS ENDED JUNE 30,

Total Urban Rural 2018 2017

Operating Revenues:

Passenger fares: Fixed route $ 2,156,654 $ 99,250 $ 2,255,904 $ 2,340,516 Paratransit 97,896 - 97,896 99,511 Subtotal passenger fares 2,254,550 99,250 2,353,800 2,440,027

Purchase of services: Fixed route 47,083 1,675,049 1,722,132 1,817,819

Total other purchase of services 2,301,633 1,774,299 4,075,932 4,257,846

Other income: Advertising 78,094 9,200 87,294 158,671 Gain (loss) - sale of asset 11,814 7,932 19,746 16,165 Other income 13,905 135 14,040 53,624 Subtotal other income 103,813 17,267 121,080 228,460

Local subsidies: Fixed route operating 2,279,717 - 2,279,717 2,182,180 Paratransit operating 627,908 - 627,908 691,231 Municipal donations 83,050 488,919 571,969 468,111 Subtotal local subsidies 2,990,675 488,919 3,479,594 3,341,522

State subsidies - State operating grant 2,437,612 900,000 3,337,612 3,237,179

Federal subsidies - Federal operating grant 3,106,471 1,180,000 4,286,471 3,519,124

Other grants: Planning revenue 377,293 38,000 415,293 371,918 Grants - JARC, CMAQ, other 2,685,882 1,953,671 4,639,553 4,705,672 Subtotal other grants 3,063,175 1,991,671 5,054,846 5,077,590

Total operating revenues 14,003,379 6,352,156 20,355,535 19,661,721

SCHEDULE A (CONTINUED) GREEN MOUNTAIN TRANSIT AUTHORITY

SCHEDULES OF OPERATING REVENUES AND SUBSIDIES FOR THE YEARS ENDED JUNE 30,

Total Urban Rural 2018 2017

Nonoperating revenues:

Local contributions: SSTA lease payments - 3,736 3,736 55,057

Interest income 988 3,811 4,799 5,326

Total nonoperating revenue 988 7,547 8,535 60,383

Total revenues from operating grants and subsidies $ 14,004,367 $ 6,359,703 $ 20,364,070 $ 19,722,104

See accompanying independent auditors' report and notes to financial statements. 26

SCHEDULE B GREEN MOUNTAIN TRANSIT AUTHORITY

SCHEDULES OF EXPENSES FOR THE YEARS ENDED JUNE 30,

Urban General Transit Special Mobility Capital Exp./ Urban Admin. Operations Maintenance Projects Marketing Planning ADA Manager Depreciation Total

Operating Expenses: Labor: Operators' salaries and wages $ 218 $ 4,185,462 $ 876,502 $ - $ - $ - $ - $ - $ - $ 5,062,182 Other salaries and wages 730,894 554,252 199,767 - 85,900 151,333 8,416 28,572 20,060 1,779,194 Subtotal labor 731,112 4,739,714 1,076,269 - 85,900 151,333 8,416 28,572 20,060 6,841,376

Fringe benefits: Payroll taxes 54,356 362,652 82,105 - 6,130 12,077 524 2,296 1,513 521,653 Pension plan 42,973 169,447 39,584 - 5,516 13,929 - 3,423 - 274,872 Life insurance and short-term disability plan 15,457 69,969 15,475 - 1,812 2,684 51 514 - 105,962 Medical plan 169,945 1,137,991 273,019 - 31,528 38,397 2,251 9,816 3,657 1,666,604 Dental plan 11,133 75,558 16,431 - 1,949 2,484 124 519 193 108,391 Employer flex contribution 1,242 (1,148) (628) ------(534) Vision reimbursement 500 1,964 84 ------2,548 Vision plan 1,826 12,013 2,715 - 324 427 21 85 30 17,441 Employee events ------Employee testing 306 8,777 2,610 ------11,693 Employee referral program - 1,800 ------1,800 Unemployment insurance 4,518 11,616 - - - 4,660 - - - 20,794 Pension admin fees ------Other employee benefits 11,346 6,298 1,081 ------18,725 Uniform and work clothing allowance - 19,839 28,092 ------47,931 Employee development 32,004 3,736 5,124 6,000 223 - - - - 47,087 Tool allowance - - 11,550 ------11,550 Subtotal fringe benefits 345,606 1,880,512 477,242 6,000 47,482 74,658 2,971 16,653 5,393 2,856,517

Services: Legal fees 6,380 7,015 ------13,395 Accounting and audit fees 23,350 ------23,350 Cleaning - - 15,000 ------15,000 Consultants ------7,987 - 7,987 Subtotal services 29,730 7,015 15,000 - - - - 7,987 - 59,732

SCHEDULE B (CONTINUED) GREEN MOUNTAIN TRANSIT AUTHORITY

SCHEDULES OF EXPENSES FOR THE YEARS ENDED JUNE 30,

Transit Elders & Broker Capital Exp./ Rural 2018 2017 Operations Maintenance Marketing RTAP Planning Disabled Services Depreciation Total Total Total

Operating Expenses: Labor: Operators' salaries and wages $ 1,448,646 $ 147,580 $ - $ - $ - $ - $ - $ - $ 1,596,226 $ 6,658,408 $ 6,337,911 Other salaries and wages 451,788 47,040 70,365 - 11,302 12,319 356,045 4,447 953,306 2,732,500 2,797,111 Subtotal labor 1,900,434 194,620 70,365 - 11,302 12,319 356,045 4,447 2,549,532 9,390,908 9,135,022

Fringe benefits: Payroll taxes 144,203 15,186 5,456 - 906 942 26,959 335 193,987 715,640 688,869 Pension plan 50,846 - 4,175 - 1,192 - 6,135 - 62,348 62,348 334,839 Life insurance and short-term disability plan 29,436 3,346 1,502 - - 6,435 1,698 - 42,417 148,379 132,361 Medical plan 498,558 44,408 16,309 - 2,602 4,294 86,867 837 653,875 2,320,479 2,059,821 Dental plan 30,197 2,969 865 - 173 234 6,874 45 41,357 149,748 149,241 Employer flex contribution (159) (1,502) - - - - (216) - (1,877) (2,411) (9,809) Vision reimbursement ------1,000 - 1,000 3,548 4,771 Vision plan 4,903 419 138 - 31 39 1,081 7 6,618 24,059 24,776 Employee events ------3,294 Employee testing 9,692 444 - - - - 8,155 - 18,291 29,984 43,368 Employee referral program ------1,800 600 Unemployment insurance 13,091 ------13,091 33,885 38,274 Pension admin fees ------4,853 Other employee benefits 2,812 45 - - - - 167 - 3,024 21,749 30,662 Uniform and work clothing allowance 14,374 4,723 ------19,097 67,028 100,987 Employee development 1,841 688 - 10,044 - - 1,328 - 13,901 60,988 49,794 Tool allowance - 2,200 ------2,200 13,750 10,500 Subtotal fringe benefits 799,794 72,926 28,445 10,044 4,904 11,944 140,048 1,224 1,069,329 3,925,846 3,667,201

Services: Legal fees ------13,395 7,987 Accounting and audit fees ------23,350 27,750 Cleaning 2,852 9,823 - - - - 1,100 - 13,775 28,775 35,568 Consultants ------7,987 11,384 Subtotal services 2,852 9,823 - - - - 1,100 - 13,775 73,507 82,689

SCHEDULE B (CONTINUED) GREEN MOUNTAIN TRANSIT AUTHORITY

SCHEDULES OF EXPENSES FOR THE YEARS ENDED JUNE 30,

Urban General Transit Special Mobility Capital Exp./ Urban Admin. Operations Maintenance Projects Marketing Planning ADA Manager Depreciation Total

Materials and supplies: Fuels and lubricants - 939,821 ------939,821 Tires and tubes - - 68,771 ------68,771 Other materials and supplies: Hardware - - 42,421 ------42,421 Facility maintenance - - 99,739 ------99,739 Small tools expense - - 10,998 ------10,998 Parts expense: Service vehicles - - 3,180 ------3,180 Revenue vehicles - - 478,769 ------478,769 Maintenance supplies - - 39,064 ------39,064 Radio maintenance - - 4,189 ------4,189 Repeater fees - 23,490 ------23,490 Safety expense - 937 ------937 Kiosk/shelter expense - - 2,463 ------2,463 Vehicle registrations - 915 ------915 Subtotal materials and supplies - 965,163 749,594 ------1,714,757

Utilities: Light, heat and water 18,954 5,575 139,135 ------163,664 Communications 10,746 28,212 8,688 - 1,191 1,306 - - - 50,143 Subtotal utilities 29,700 33,787 147,823 - 1,191 1,306 - - - 213,807

Casualty and liability costs: Insurance premiums 92,473 616,598 120,345 - 6,443 7,234 113 - - 843,206 Subtotal casualty and liability costs 92,473 616,598 120,345 - 6,443 7,234 113 - - 843,206

SCHEDULE B (CONTINUED) GREEN MOUNTAIN TRANSIT AUTHORITY

SCHEDULES OF EXPENSES FOR THE YEARS ENDED JUNE 30,

Transit Elders & Broker Capital Exp./ Rural 2018 2017 Operations Maintenance Marketing RTAP Planning Disabled Services Depreciation Total Total Total

Materials and supplies: Fuels and lubricants 404,701 ------404,701 1,344,522 1,081,676 Tires and tubes - 35,574 ------35,574 104,345 117,176 Other materials and supplies: Hardware - 20,606 ------20,606 63,027 55,698 Facility maintenance - 32,092 ------32,092 131,831 109,860 Small tools expense - 2,593 ------2,593 13,591 9,486 Parts expense: Service vehicles - 1,192 ------1,192 4,372 11,737 Revenue vehicles - 320,346 ------320,346 799,115 682,096 Maintenance supplies - 11,384 ------11,384 50,448 47,109 Radio maintenance - 1,667 ------1,667 5,856 4,383 Repeater fees 17,550 ------17,550 41,040 34,074 Safety expense 61 ------61 998 3,636 Kiosk/shelter expense ------2,463 5,498 Vehicle registrations 179 ------179 1,094 839 Subtotal materials and supplies 422,491 425,454 ------847,945 2,562,702 2,163,268

Utilities: Light, heat and water 21,088 27,799 - - - - 6,096 - 54,983 218,647 184,036 Communications 25,781 - - - - - 7,861 - 33,642 83,785 77,451 Subtotal utilities 46,869 27,799 - - - - 13,957 - 88,625 302,432 261,487

Casualty and liability costs: Insurance premiums 266,051 35,064 6,091 - 11,225 - 26,626 - 345,057 1,188,263 1,221,596 Subtotal casualty and liability costs 266,051 35,064 6,091 - 11,225 - 26,626 - 345,057 1,188,263 1,221,596

SCHEDULE B (CONTINUED) GREEN MOUNTAIN TRANSIT AUTHORITY

SCHEDULES OF EXPENSES FOR THE YEARS ENDED JUNE 30,

Urban General Transit Special Mobility Capital Exp./ Urban Admin. Operations Maintenance Projects Marketing Planning ADA Manager Depreciation Total

General and administration: Dues and subscriptions 32,075 ------32,075 Travel, meetings and meals 5,208 43 517 - 200 46 - - - 6,014 Marketing expense - - - - 26,901 - - 150 - 27,051 Advertising/public information - - - - 13,260 - - - - 13,260 Office supplies 27,793 536 18 ------28,347 Fare media - - - - 22,691 - - - - 22,691 Recruiting 2,240 4,418 10,487 ------17,145 Computer services 61,571 60 3,440 ------65,071 Postage and freight 9,832 ------9,832 Bank charges 9,733 ------9,733 Rent expense ------Subtotal general and administration 148,452 5,057 14,462 - 63,052 46 - 150 - 231,219

SCHEDULE B (CONTINUED) GREEN MOUNTAIN TRANSIT AUTHORITY

SCHEDULES OF EXPENSES FOR THE YEARS ENDED JUNE 30,

Transit Elders & Broker Capital Exp./ Rural 2018 2017 Operations Maintenance Marketing RTAP Planning Disabled Services Depreciation Total Total Total

General and administration: Dues and subscriptions ------32,075 33,715 Travel, meetings and meals 65 - 272 - 42 - 65 - 444 6,458 7,420 Marketing expense - - 32,845 - - - 144 - 32,989 60,040 50,568 Advertising/public information - - 11,919 - - - - - 11,919 25,179 63,836 Office supplies 5,743 - - - - - 1,316 - 7,059 35,406 42,123 Fare media - - 1,429 - - - - - 1,429 24,120 14,584 Recruiting 8,389 144 - - - - 1,205 - 9,738 26,883 33,991 Computer services - 5,338 - - - - 39 - 5,377 70,448 72,851 Postage and freight ------898 - 898 10,730 8,032 Bank charges ------9,733 8,363 Rent expense - 32,100 ------32,100 32,100 41,446 Subtotal general and administration 14,197 37,582 46,465 - 42 - 3,667 - 101,953 333,172 376,929

SCHEDULE B (CONTINUED) GREEN MOUNTAIN TRANSIT AUTHORITY

SCHEDULE OF EXPENSES FOR THE YEARS ENDED JUNE 30,

Urban General Transit Special Mobility Capital Exp./ Urban Admin. Operations Maintenance Projects Marketing Planning ADA Manager Depreciation Total

Miscellaneous expenses: Park and ride lease payments - 25,671 - 1,873 - - - - - 27,544 Planning expenses - - - - - 148,305 - - - 148,305 Cash counting expense 4,390 ------4,390 Paratransit transportation expense ------1,161,518 - - 1,161,518 Volunteer mileage reimbursements ------Contracted transportation expense - 30,837 ------30,837 Other reimbursements ------Other miscellaneous expenses - 4,206 ------4,206 Other misc. - parking expense - 75 ------75 Transfers ------Subtotal miscellaneous expenses 4,390 60,789 - 1,873 - 148,305 1,161,518 - - 1,376,875

Total operating expenses 1,381,463 8,308,635 2,600,735 7,873 204,068 382,882 1,173,018 53,362 25,453 14,137,489

Nonoperating expenses: Bad debt expense ------Capital fund expenses ------607,736 607,736 Depreciation expense ------2,698,347 2,698,347 Capital lease expense 46,443 ------46,443 Subtotal nonoperating expenses 46,443 ------3,306,083 3,352,526

Total expenses 1,427,906 8,308,635 2,600,735 7,873 204,068 382,882 1,173,018 53,362 3,331,536 17,490,015

General administration allocation (1,622,656) 988,673 208,783 - 20,121 23,129 1,134 5,262 2,510 (373,044)

Deferred Cost Pool - Current year 86,744 ------86,744 Deferred Cost Pool - Prior year ------Total change in deferred cost pool 86,744 ------86,744

Net expenses $ (108,006) $ 9,297,308 $ 2,809,518 $ 7,873 $ 224,189 $ 406,011 $ 1,174,152 $ 58,624 $ 3,334,046 $ 17,203,715

SCHEDULE B (CONTINUED) GREEN MOUNTAIN TRANSIT AUTHORITY

SCHEDULE OF EXPENSES FOR THE YEARS ENDED JUNE 30,

Transit Elders & Broker Capital Exp./ Rural 2018 2017 Operations Maintenance Marketing RTAP Planning Disabled Services Depreciation Total Total Total

Miscellaneous expenses: Park and ride lease payments ------27,544 32,685 Planning expenses - - - - 75,781 - - - 75,781 224,086 150,244 Cash counting expense ------4,390 3,865 Paratransit transportation expense ------1,161,518 1,156,939 Volunteer mileage reimbursements - - - - - 148,294 362,486 - 510,780 510,780 575,416 Contracted transportation expense - - - - - 644,812 172,142 - 816,954 847,791 843,865 Other reimbursements ------Other miscellaneous expenses 1,180 ------1,180 5,386 8,063 Other misc. - parking expense ------75 66 Transfers ------Subtotal miscellaneous expenses 1,180 - - - 75,781 793,106 534,628 - 1,404,695 2,781,570 2,771,143

Total operating expenses 3,453,868 803,268 151,366 10,044 103,254 817,369 1,076,071 5,671 6,420,911 20,558,400 5,274,234

Nonoperating expenses: Bad debt expense ------Capital fund expenses ------150,175 150,175 757,911 1,494,337 Depreciation expense ------639,041 639,041 3,337,388 3,329,828 Capital lease expense ------46,443 46,442 Subtotal nonoperating expenses ------789,216 789,216 4,141,742 4,870,607

Total expenses 3,453,868 803,268 151,366 10,044 103,254 817,369 1,076,071 794,887 7,210,127 24,700,142 10,144,841

General administration allocation 165,538 126,852 14,925 - 9,392 2,392 53,386 559 373,044 - -

Deferred Cost Pool - Current year ------86,744 61,938 Deferred Cost Pool - Prior year ------(883) Total change in deferred cost pool ------86,744 61,055

Net expenses $ 3,619,406 $ 930,120 $ 166,291 $ 10,044 $ 112,646 $ 819,761 $ 1,129,457 $ 795,446 $ 7,583,171 $ 24,786,886 $ 10,205,896

See accompanying independent auditors' report and notes to financial statements. 34

GREEN MOUNTAIN TRANSIT AUTHORITY

SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS FOR THE YEAR ENDED JUNE 30, 2018

Federal Grantor Federal Pass-Through Total Expenditures Pass-through Grantor CFDA Grantor Identifying Federal to Program Title Number Number Expenditures Subrecipients

U.S. DEPARTMENT OF TRANSPORTATION: Federal Transit Cluster: Direct Programs: Federal Transit Capital Investment Grants - Capital Assistance Program 20.500 VT-03-0048 $ 6,475 $ - Federal Transit Capital Investment Grants - Capital Assistance Program 20.500 VT-04-0004 166,672 - Federal Transit Capital Investment Grants - Capital Assistance Program 20.500 VT-04-0011 9,692 - Federal Transit Capital Investment Grants - Capital Assistance Program 20.500 VT-04-0019 5,480 -

Passed through State of Vermont, Agency of Transportation: Federal Transit Capital Investment Grants - Capital Assistance Program 20.500 VT-04-0021 1,200 - 189,519 -

Direct Programs: Federal Transit Formula Grants - Capital Assistance Program 20.507 VT-90-0072 1,138 - Federal Transit Formula Grants - Capital Assistance Program 20.507 VT-95-X015 15,200 - Federal Transit Formula Grants - Capital Assistance Program 20.507 VT-2016-001 359,463 - Federal Transit Formula Grants - Capital Assistance Program 20.507 VT-2016-002 17,342 - Federal Transit Formula Grants - Preventive Maintenance 20.507 VT-2016-001 95,985 - Federal Transit Formula Grants - Preventive Maintenance 20.507 VT-2017-005 1,315,670 - Federal Transit Formula Grants - Preventive Maintenance 20.507 VT-2018-001 88,345 - Federal Transit Formula Grants - Operating 20.507 VT-2016-002 2,188,514 - Federal Transit Formula Grants - Operating 20.507 VT-2017-006 917,957 - Federal Transit Formula Grants - CMAQ Operating 20.507 VT-95-X017 224,174 - Federal Transit Formula Grants - CMAQ Operating 20.507 VT-2016-001 786,238 - Federal Transit Formula Grants - CMAQ Operating 20.507 VT-2017-005 76,607 - 6,086,633 -

Passed through State of Vermont, Agency of Transportation: Bus and Bus Facilities Formula Program - Capital Assistance Program 20.526 VT-2016-003 36,001 - Bus and Bus Facilities Formula Program - Capital Assistance Program 20.526 VT-2017-003 3,844,897 - Bus and Bus Facilities Formula Program - Capital Assistance Program 20.526 VT-2017-008 373,605 - Bus and Bus Facilities Formula Program - Capital Assistance Program 20.526 VT-34-0001 343,602 - Bus and Bus Facilities Formula Program - Capital Assistance Program 20.526 VT-34-0001 62,530 - 4,660,635 -

Subtotal Federal Transit Cluster 10,936,787 -

GREEN MOUNTAIN TRANSIT AUTHORITY

SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS (CONTINUED) FOR THE YEAR ENDED JUNE 30, 2018

Federal Grantor Federal Pass-Through Total Expenditures Pass-through Grantor CFDA Identifying Grantor Federal to Program Title Number Number Expenditures Subrecipients

Passed through State of Vermont, Agency of Transportation: Highway Planning and Construction - FHWA Capital 20.205 101-TB-LG03 6,245 -

Passed through Chittenden County Regional Planning Commission (CCRPC): Highway Planning and Construction - CCRPC 20.505 PL 2018-04 335,372 - Rural Planning 20.505 VT-2016-006 30,000 -

Subtotal Highway Planning and Construction 371,617 -

Passed through State of Vermont, Agency of Transportation: Formula Grants for Rural Areas - Admin 20.509 VT-2017-009 580,000 - Formula Grants for Rural Areas - Capital Assistance Program 20.509 VT-85-X010 73,925 - Formula Grants for Rural Areas - Capital Assistance Program 20.509 VT-85-X011 57,336 - Formula Grants for Rural Areas - Operating Assistance Program 20.509 VT-2017-007 600,000 - Formula Grants for Rural Areas - Preventive Maintenance 20.509 VT-2017-009 547,474 - Formula Grants for Rural Areas - E&D - Chittenden County - Rural 20.509 VT-2017-009 427,990 - Formula Grants for Rural Areas - E&D - Franklin/Grand Isle County 20.509 VT-2017-009 299,300 - Formula Grants for Rural Areas - E&D - Washington County 20.509 VT-2017-009 252,710 - Formula Grants for Rural Areas - CMAQ Operating 20.509 VT-2017-009 138,673 - Formula Grants for Rural Areas - CMAQ Operating 20.509 VT-2017-009 71,594 - Formula Grants for Rural Areas - CMAQ Operating 20.509 VT-2017-009 72,588 - Formula Grants for Rural Areas - Rural Transit Assistance Program 20.509 VT-2017-007 18,000 - Subtotal Formula Grants for Rural Areas 3,139,590 -

Passed through State of Vermont, Agency of Transportation: Enhanced Mobility of Seniors and Individuals with Disabilities - Capital Assistance Program 20.513 VT-2016-005 19,731 - Enhanced Mobility of Seniors and Individuals with Disabilities - Capital Assistance Program 20.513 VT-16-X048 20,790 - Subtotal Enhanced Mobility of Seniors and Individuals with Disabilities 40,521 -

Total Federal Expenditures $ 14,488,515 $ -

GREEN MOUNTAIN TRANSIT AUTHORITY

NOTES TO SCHEDULE OF EXPENDITURES OF FEDERAL AWARDS FOR THE YEAR ENDED JUNE 30, 2018

1. Basis of Presentation

The accompanying Schedule of Expenditures of Federal Awards (the Schedule) includes the federal awards activity of Green Mountain Transit Authority under programs of the federal government for the year ended June 30, 2018. The federal awards activity presented in the Schedule includes all federal awards received directly from federal agencies as well as federal awards passed through other government agencies. The information in this Schedule is presented in accordance with the requirements of Title 2 U.S. Code of Federal Regulations Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards (Uniform Guidance). Since the Schedule presents only a selected portion of the operations of the Green Mountain Transit Authority, it is not intended to and does not present the financial position, changes in net position, or cash flows of the Green Mountain Transit Authority.

2. Summary of Significant Accounting Policies

a. Expenditures presented on the Schedule are reported on the accrual basis of accounting. Such expenditures are recognized following the cost principles contained in the Uniform Guidance, wherein certain types of expenditures are not allowable or are limited as to reimbursement.

b. The Green Mountain Transit Authority elected to use a 9.55% fixed indirect cost rate for fiscal year 2018, as approved by the Federal Transit Administration. The approved fixed indirect cost rate used by Green Mountain Transit Authority in fiscal year 2018 is calculated using an indirect cost rate base type of modified total direct costs.

3. Major Programs - Federal

The following programs were considered major programs as defined by the Uniform Guidance and also Type A programs as defined by the Uniform Guidance. These programs were tested due to the Agency being classified as low-risk as defined in the Uniform Guidance:

Program CFDA #

Federal Transit Cluster 20.500/20.507/20.526

Proven Expertise and Integrity

INDEPENDENT AUDITORS’ REPORT ON INTERNAL CONTROL OVER FINANCIAL REPORTING AND ON COMPLIANCE AND OTHER MATTERS BASED ON AN AUDIT OF FINANCIAL STATEMENTS PERFORMED IN ACCORDANCE WITH GOVERNMENT AUDITING STANDARDS

Board of Commissioners Green Mountain Transit Authority Burlington, Vermont

We have audited, in accordance with generally accepted auditing standards in the United States of America and the standards applicable to financial audits contained in Government Auditing Standards issued by the Comptroller General of the United States, the financial statements of the business-type activities of the major fund of the Green Mountain Transit Authority as of and for the year ended June 30, 2018, and the related notes to the financial statements, which collectively comprise the Green Mountain Transit Authority’s basic financial statements, and have issued our report thereon dated January 7, 2019.

Internal Control Over Financial Reporting

In planning and performing our audit of the financial statements, we considered the Green Mountain Transit Authority’s internal control over financial reporting (internal control) to determine the audit procedures that are appropriate in the circumstances for the purpose of expressing our opinions on the financial statements, but not for the purpose of expressing an opinion on the effectiveness of the Green Mountain Transit Authority’s internal control. Accordingly, we do not express an opinion on the effectiveness of the Green Mountain Transit Authority’s internal control.

A deficiency in internal control exists when the design or operation of a control does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, misstatements on a timely basis. A material weakness is a deficiency, or a combination of deficiencies, in internal control, such that there is a reasonable possibility that a material misstatement of the entity’s financial statements will not be prevented, or detected and corrected on a timely basis. A significant deficiency is a deficiency, or a combination of deficiencies, in internal control that is less severe than a material weakness, yet important enough to merit attention by those charged with governance. 3 Old Orchard Road, Buxton, Maine 04093 Tel: (800) 300-7708 (207) 929-4606 Fax: (207) 929-4609 www.rhrsmith.com

Our consideration of internal control was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control that might be material weaknesses or, significant deficiencies. Given these limitations, during our audit we did not identify any deficiencies in internal control that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.

Compliance and Other Matters

As part of obtaining reasonable assurance about whether the Green Mountain Transit Authority’s financial statements are free from material misstatement, we performed tests of its compliance with certain provisions of laws, regulations, contracts, and grant agreements, noncompliance with which could have a direct and material effect on the determination of financial statement amounts. However, providing an opinion on compliance with those provisions was not an objective of our audit, and accordingly, we do not express such an opinion. The results of our tests disclosed no instance of noncompliance or other matter that are required to be reported under Government Auditing Standards.

Purpose of this Report

The purpose of this report is solely to describe the scope of our testing of internal control and compliance and the results of that testing, and not to provide an opinion on the effectiveness of the entity’s internal control or on compliance. This report is an integral part of an audit performed in accordance with Government Auditing Standards in considering the entity’s internal control and compliance. Accordingly, this communication is not suitable for any other purpose.

Buxton, Maine Vermont Registration No. 092.0000697 January 7, 2019

Proven Expertise and Integrity

INDEPENDENT AUDITORS’ REPORT ON COMPLIANCE FOR EACH MAJOR PROGRAM AND ON INTERNAL CONTROL OVER COMPLIANCE REQUIRED BY UNIFORM GUIDANCE

Board of Commissioners Green Mountain Transit Authority Burlington, Vermont

Report on Compliance for Each Major Federal Program

We have audited Green Mountain Transit Authority’s compliance with the types of compliance requirements described in the OMB Compliance Supplement that could have a direct and material effect on each of Green Mountain Transit Authority’s major federal programs for the year ended June 30, 2018. Green Mountain Transit Authority’s major federal programs are identified in the summary of auditor’s results section of the accompanying schedule of findings and questioned costs.

Management’s Responsibility

Management is responsible for compliance with the requirements of laws, regulations, contracts, and grants applicable to its federal programs.

Auditors’ Responsibility

Our responsibility is to express an opinion on compliance for each of Green Mountain Transit Authority’s major federal programs based on our audit of the types of compliance requirements referred to above. We conducted our audit of compliance in accordance with auditing standards generally accepted in the United States of America; the standards applicable to financial audits contained in Government Auditing Standards, issued by the Comptroller General of the United States; and Title 2 U.S. Code of Federal Regulations (CFR) Part 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Award (Uniform Guidance). Those standards and the Uniform Guidance require that we plan and perform the audit to obtain reasonable assurance about whether noncompliance with the types of compliance requirements referred to above that could have a direct and material effect on a major federal program occurred. An audit includes examining, on a test basis, evidence about Green Mountain Transit Authority’s compliance with those requirements and performing such other procedures as we considered necessary in the circumstances.

3 Old Orchard Road, Buxton, Maine 04093 Tel: (800) 300-7708 (207) 929-4606 Fax: (207) 929-4609 www.rhrsmith.com 40

We believe that our audit provides a reasonable basis for our opinion on compliance for each major federal program. However, our audit does not provide a legal determination of Green Mountain Transit Authority’s compliance.

Opinion on Each Major Federal Program

In our opinion, Green Mountain Transit Authority complied, in all material respects, with the types of compliance requirements referred to above that could have a direct and material effect on each of its major federal programs for the year ended June 30, 2018.

Report on Internal Control Over Compliance

Management of Green Mountain Transit Authority is responsible for establishing and maintaining effective internal control over compliance with the types of compliance requirements referred to above. In planning and performing our audit of compliance, we considered Green Mountain Transit Authority’s internal control over compliance with the types of requirements that could have a direct and material effect on each major federal program to determine the auditing procedures that are appropriate in the circumstances for the purpose of expressing an opinion on compliance for each major federal program and to test and report on internal control over compliance in accordance with the Uniform Guidance, but not for the purpose of expressing an opinion on the effectiveness of internal control over compliance. Accordingly, we do not express an opinion on the effectiveness of Green Mountain Transit Authority’s internal control over compliance.

A deficiency in internal control over compliance exists when the design or operation of a control over compliance does not allow management or employees, in the normal course of performing their assigned functions, to prevent, or detect and correct, noncompliance with a type of compliance requirement of a federal program on a timely basis. A material weakness in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance, such that there is a reasonable possibility that material noncompliance with a type of compliance requirement of a federal program will not be prevented, or detected and corrected, on a timely basis. A significant deficiency in internal control over compliance is a deficiency, or a combination of deficiencies, in internal control over compliance with a type of compliance requirement of a federal program that is less severe than a material weakness in internal control over compliance, yet important enough to merit attention by those charged with governance.

Our consideration of internal control over compliance was for the limited purpose described in the first paragraph of this section and was not designed to identify all deficiencies in internal control over compliance that might be material weaknesses or significant deficiencies. We did not identify any deficiencies in internal control over compliance that we consider to be material weaknesses. However, material weaknesses may exist that have not been identified.

The purpose of this report on internal control over compliance is solely to describe the scope of our testing of internal control over compliance and the results of that testing based on the requirements of the Uniform Guidance. Accordingly, this communication is not suitable for any other purpose.

Buxton, Maine Vermont Registration No. 092.0000697 January 7, 2019

GREEN MOUNTAIN TRANSIT AUTHORITY

SCHEDULE OF FINDINGS AND QUESTIONED COSTS FOR THE YEAR ENDED JUNE 30, 2018

Section I - Summary of Auditor’s Results

• Financial Statements

Type of auditor’s report issued: Unmodified

Internal control over financial reporting: • Material weakness(es) identified? yes X no • Significant deficiency(ies) identified? yes X no • Noncompliance material to financial statements noted? yes X no

• Federal Awards

Internal control over major programs: • Material weakness(es) identified? yes X no • Significant deficiency(ies) identified? yes X no

Type of auditor’s report issued on compliance for major programs: Unmodified

Any audit findings disclosed that are required to be reported In accordance with 2 CFR 200.516(a) yes X no

Identification of major programs:

CFDA Numbers Name of Federal Program or Cluster

20.500/20.507/20.526 Federal Transit Cluster

Dollar threshold used to distinguish between type A and B: $750,000

Auditee qualified as low-risk auditee? X yes _ no

Section II – Financial Statement Findings None

Section III – Federal Awards Findings and Questioned Costs None

The Vermont Statutes Online Title 01: General Provisions Chapter 005: Common Law; General Rights Subchapter 003: Access To Public Records (Cite as: 1 V.S.A. § 316) § 316. Access to public records and documents

(a) Any person may inspect or copy any public record of a public agency, as follows:

(1) For any agency, board, department, commission, committee, branch, instrumentality, or authority of the State, a person may inspect a public record on any day other than a Saturday, Sunday, or a legal holiday, between the hours of nine o'clock and 12 o'clock in the forenoon and between one o'clock and four o'clock in the afternoon.

(2) For any agency, board, committee, department, instrumentality, commission, or authority of a political subdivision of the State, a person may inspect a public record during customary business hours.

(b) If copying equipment maintained for use by a public agency is used by the agency to copy the public record or document requested, the agency may charge and collect from the person requesting the copy the actual cost of providing the copy. The agency may also charge and collect from the person making the request, the costs associated with mailing or transmitting the record by facsimile or other electronic means. Nothing in this section shall exempt any person from paying fees otherwise established by law for obtaining copies of public records or documents, but if such fee is established for the copy, no additional costs or fees shall be charged.

(c) Unless otherwise provided by law, in the following instances an agency may also charge and collect the cost of staff time associated with complying with a request for a copy of a public record: (1) the time directly involved in complying with the request exceeds 30 minutes; (2) the agency agrees to create a public record; or (3) the agency agrees to provide the public record in a nonstandard format and the time directly involved in complying with the request exceeds 30 minutes. The agency may require that requests subject to staff time charges under this subsection be made in writing and that

all charges be paid, in whole or in part, prior to delivery of the copies. Upon request, the agency shall provide an estimate of the charge.

(d) The Secretary of State, after consultation with the Secretary of Administration, shall establish the actual cost of providing a copy of a public record that may be charged by State agencies. The Secretary shall also establish the amount that may be charged for staff time, when such a charge is authorized under this section. To determine "actual cost," the Secretary shall consider the following only: the cost of the paper or the electronic media onto which a public record is copied, a prorated amount for maintenance and replacement of the machine or equipment used to copy the record, and any utility charges directly associated with copying a record. The Secretary of State shall adopt, by rule, a uniform schedule of public record charges for State agencies.

(e) After public hearing, the legislative body of a political subdivision shall establish actual cost charges for copies of public records. The legislative body shall also establish the amount that may be charged for staff time, when such a charge is authorized under this section. To determine actual cost charges, the legislative body shall use the same factors used by the Secretary of State. If a legislative body fails to establish a uniform schedule of charges, the charges for that political subdivision shall be the uniform schedule of charges established by the Secretary of State until the local legislative body establishes such a schedule. A schedule of public records charges shall be posted in prominent locations in the town offices.

(f) State agencies shall provide receipts for all monies received under this section. Notwithstanding any provision of law to the contrary, a State agency may retain monies collected under this section to the extent such charges represent the actual cost incurred to provide copies under this subchapter. Amounts collected by a State agency under this section for the cost of staff time associated with providing copies shall be deposited in the General Fund, unless another disposition or use of revenues received by that agency is specifically authorized by law. Charges collected under this section shall be deposited in the agency's operating account or the General Fund, as appropriate, on a monthly basis or whenever the amount totals $100.00, whichever occurs first.

(g) A public agency having the equipment necessary to copy its public records shall utilize its equipment to produce copies. If the public agency does not have such equipment, nothing in this section shall be construed to require the public agency to provide or arrange for copying service, to use or permit the use of copying equipment other than its own, to permit operation of its copying equipment by other than its own personnel, to permit removal of the public record by the requesting person for purposes of copying,

or to make its own personnel available for making handwritten or typed copies of the public record or document requested.

(h) Standard formats for copies of public records shall be as follows: for copies in paper form, a photocopy of a paper public record or a hard copy print-out of a public record maintained in electronic form; for copies in electronic form, the format in which the record is maintained. Any format other than the formats described in this subsection is a nonstandard format.

(i) If an agency maintains public records in an electronic format, nonexempt public records shall be available for copying in either the standard electronic format or the standard paper format, as designated by the party requesting the records. An agency may, but is not required to, provide copies of public records in a nonstandard format, to create a public record, or to convert paper public records to electronic format.

(j) A public agency may make reasonable rules to prevent disruption of operations, to preserve the security of public records or documents, and to protect them from damage.

(k) Information concerning facilities and sites for the treatment, storage, and disposal of hazardous waste shall be made available to the public under this subchapter in substantially the same manner and to the same degree as such information is made available under the Resource Conservation and Recovery Act of 1976, as amended, 42 U.S.C. chapter 82, subchapter 3, and the Federal Freedom of Information Act, 5 U.S.C. section 552 et seq. In the event of a conflict between the provisions of this subchapter and the cited federal laws, federal law shall govern. (Added 1975, No. 231 (Adj. Sess.), § 1; amended 1987, No. 85, § 5, eff. June 9, 1987; 1995, No. 159 (Adj. Sess.), § 1; 2003, No. 158 (Adj. Sess.), § 4; 2011, No. 59, § 2.)

Obtained from http://legislature.vermont.gov/statutes/section/01/005/00316

Vermont Open Meeting Law Vt. Stat. Ann. tit. 1, §§ 310-314

§ 310. Definitions

As used in this subchapter:

(1) "Deliberations" means weighing, examining and discussing the reasons for and against an act or decision, but expressly excludes the taking of evidence and the arguments of parties.

(2) "Meeting" means a gathering of a quorum of the members of a public body for the purpose of discussing the business of the public body or for the purpose of taking action.

(3) "Public body" means any board, council or commission of the state or one or more of its political subdivisions, any board, council or commission of any agency, authority or instrumentality of the state or one or more of its political subdivisions, or any committee of any of the foregoing boards, councils or commissions, except that "public body" does not include councils or similar groups established by the governor for the sole purpose of advising the governor with respect to policy.

(4) "Publicly announced" means that notice is given to an editor, publisher or news director of a newspaper or radio station serving the area of the state in which the public body has jurisdiction, and to any editor, publisher or news director who has requested under section 312(c)(5) of this title to be notified of special meetings.

(5) "Quasi-judicial proceeding" means a proceeding which is:

(A) a contested case under the Vermont Administrative Procedure Act; or

(B) a case in which the legal rights of one or more persons who are granted party status are adjudicated, which is conducted in such a way that all parties have opportunity to present evidence and to cross-examine witnesses presented by other parties, which results in a written decision, and the result of which is appealable by a party to a higher authority.

§ 311. Declaration of public policy; short title

(a) In enacting this subchapter, the legislature finds and declares that public commissions, boards and councils and other public agencies in this state exist to aid in the conduct of the people's business and are accountable to them pursuant to Chapter I, Article VI of the Vermont constitution.

(b) This subchapter may be known and cited as the Vermont open meeting law.

§ 312. Right to attend meetings of public agencies

(a) All meetings of a public body are declared to be open to the public at all times, except as provided in section 313 of this title. No resolution, rule, regulation, appointment, or formal action shall be considered binding except as taken or made at such open meeting, except as provided under section 3 I 3(a)(2) of this title. A meeting may be conducted by audio conference or other electronic means, as long as the provisions of this subchapter are met. A public body shall record by audio tape, all hearings held to provide a forum for public comment on a proposed rule, pursuant to section 840 of Title 3. The public shall have access to copies of such tapes as described in section 316 of this title.

(b) (I) Minutes shall be taken of all meetings of public bodies. The minutes shall cover all topics and motions that arise at the meeting and give a true indication of the business of the meeting. Minutes shall include at least the following minimal information:

(A) All members of the public body present;

(B) All other active participants in the meeting;

(D) The results of any votes, with a record of the individual vote of each member if a roll call is taken.

(2) Minutes of all public meetings shall be matters of public record, shall be kept by the clerk or secretary of the public body, and shall be available for inspection by any person and for purchase of copies at cost upon request after five days from the date of any meeting.

(c) (I) The time and place of all regular meetings subject to this section shall be clearly designated by statute, charter, regulation, ordinance, bylaw, resolution or other determining authority of the public body and this information shall be available to any person upon request.

(2) The time, place and purpose of a special meeting subject to this section shall be publicly announced at least 24 hours before the meeting. Municipal public bodies shall post notices of special meetings in or near the municipal clerk's office and in at least two other public places in the municipality, at least 24 hours before the meeting. In addition, notice shall be given, either orally or in writing, to each member of the public body at least 24 hours before the meeting, except that a member may waive notice of a special meeting.

Emergency meetings may be held without public announcement, without posting of notices and without 24-hour notice to members, provided some public notice thereof is given as soon as possible before any such meeting. Emergency meetings may be held only when necessary to respond to an unforeseen occurrence or condition requiring immediate attention by the public body.

(3) Any adjourned meeting shall be considered a new meeting, unless the time and place for the adjourned meeting is announced before the meeting adjourns.

(4) An editor, publisher or news director of any newspaper, radio station or television station serving the area of the state in which the public body has jurisdiction may request in writing that a public body notify the editor, publisher or news director of special meetings of the public body. The request shall apply only to the calendar year in which it is made, unless made in December, in which case it shall apply also to the following year.

(d) The agenda for a regular or special meeting shall be made available to the news media or concerned persons prior to the meeting upon specific request.

(e) Nothing in this section or in section 313 of this title shall be construed as extending to the judicial branch of the government of Vermont or of any part of the same or to the public service board; nor shall it extend to the deliberations of any public body in connection with a quasi judicial proceeding; nor shall anything in this section be construed to require the making public of any proceedings, records, or acts which are specifically made confidential by the laws of the United States of America or of this state.

(f) A written decision issued by a public body in connection with a quasi-judicial proceeding need not be adopted at an open meeting if the decision will be a public record.

(g) The provisions of this subchapter shall not apply to site inspections for the purpose of assessing damage or making tax assessments or abatements, clerical work, or work assignments of staff or other personnel. Routine day-to-day administrative matters that do not require action by the public body, may be conducted outside a duly warned meeting, provided that no money is appropriated, expended, or encumbered.

(h) At an open meeting the public shall be given a reasonable opportunity to express its opinion on matters considered by the public body during the meeting as long as order is maintained. Public comment shall be subject to reasonable rules established by the chairperson. This subsection shall not apply to quasi-judicial proceedings.

(i) Nothing in this section shall be construed to prohibit the parole board from meeting at correctional facilities with attendance at the meeting subject to rules regarding access and security established by the superintendent of the facility.

§ 313. Executive sessions

(a) No public body described in section 312 of this title may hold an executive session from which the public is excluded, except by the affirmative vote of two-thirds of its members present in the case of any public body of state government or of a majority of its members present in the case of any public body of a municipality or other political subdivision. A motion to go into executive session shall indicate the nature of the business of the executive session, and no other matter may be considered in the executive session. Such vote shall be taken in the course of an open meeting and the result of the vote recorded in the minutes. No formal or binding action shall be taken in executive session except actions relating to the securing of real estate options under subdivision (2) of this subsection. Minutes of an executive session need not be taken, but if they are, shall not be made public subject to subsection 3 I 2(b) of this title. A public body may not hold an executive session except to consider one or more of the following:

(I) Contracts, labor relations agreements with employees, arbitration, mediation, grievances, civil actions, or prosecutions by the state, where premature general public knowledge would clearly place the state, municipality, other public body, or person involved at a substantial disadvantage;

(2) The negotiating or securing of real estate purchase options;

(3) The appointment or employment or evaluation of a public officer or employee;

(4) A disciplinary or dismissal action against a public officer or employee; but nothing in this subsection shall be construed to impair the right of such officer or employee to a public hearing if formal charges are brought;

(5) A clear and imminent peril to the public safety;

(6) Discussion or consideration of records or documents excepted from the access lo public records provisions of subsection 3l 7(b) of this title. Discussion or consideration of the excepted record or document shall not itself permit an extension of the executive session to the general subject to which the record or document pertains;

(7) The academic records or suspension or discipline of students;

(8) Testimony from a person in a parole proceeding conducted by the parole board if public disclosure of the identity of the person could result in physical or other harm to the person;

(9) Information relating to a pharmaceutical rebate or to supplemental rebate agreements, which is protected from disclosure by federal law or the terms and conditions required by the Centers for Medicare and Medicaid Services as a condition of rebate authorization under the Medicaid program, considered pursuant to [Vt. Stat. Ann. tit. 33, §§ 1998(f)(2) and 2002(c)].

(b) Attendance in executive session shall be limited to members of the public body, and, in the discretion of the public body, its staff, clerical assistants and legal counsel, and persons who are subjects of the discussion or whose information is needed.

(c) The senate and house of representatives, in exercising the power to make their own rules conferred by Chapter II of the Vermont Constitution, shall be governed by the provisions of this section in regulating the admission of the public as provided in Chapter II, § 8 of the Constitution.

§ 314. Penalty and enforcement

(a) A person who is a member of a public body and who knowingly and intentionally violates the provisions of this subchapter or who knowingly and intentionally participates in the wrongful exclusion of any person or persons from any meeting for which provision is herein made, shall be guilty of a misdemeanor and shall be fined not more than $500.00.

(b) The attorney general or any person aggrieved by a violation of the provisions of this subchapter may apply to the superior court in the county in which the violation has taken place for appropriate injunctive relief or for a declaratory judgment. Except as to cases the court considers of greater importance, proceedings before the superior court, as authorized by this section and appeals therefrom, take precedence on the docket over all cases and shall be assigned for hearing and trial or for argument at the earliest practicable date and expedited in every way.

Board of Commissioners Executive Leadership Team (13 Members)

GMT Officers: Interim General Manager EEO Officer: Jon Moore Procurement Officer: DBE Officer: Trish Redalieu Title VI Officer: Jon Moore Drug & Alcohol Compliance: Jonathan Mabee

Director of Finance Director of Transportation Director of Human Resources Director of Marketing and Planning Nick Foss Jon Moore Trish Redalieu

Capital Operations Operations HR ADA and CSR's Senior Grants Mgr Broker Svs Mgr Projects Operations Manager Manager Maintenance IT Manager Training Coordinator Public Affairs Marketing Broker Svs Transit Urban Rural Kevin Nguyen Accountant Kim Wall Donna Gallagher Manager Rich Gorton John Charissakis Supervisor David Hamblin Supervisors Matthew Young Coordinator Coordinator Mgr Manager Planner Foreman Foreman Estevan Alvarez Debbie Coppola Matt Kimball Mev Bahonjic Justin Town Hunter Eddy Jenn Wood Milia Bell Jordan Posner Vacant Keanu Bradley- Jeremy Whiting VonDiez

Staff Acct Procurement Urban Rural Parts Clerk Karen Plante Coordinator ADA and Broker Urban Ops Operations Rural Ops Transit Mechanics Mechanics Alec Robinson Cheryl Whitaker Services Program Supervisors Supervisor Supervisors Adminstrator John Mabee Tim Gaudette Gene Winnicki Planner Pam McDonald Mike Zhu Mark Stupik Devin Mason Accounting Damber Gurung Al Prive Urban Rural Dave Lamm Tom Barnes Custodians Custodians Clerk Rural Operators Kelly Bean Scheduler for FGI Urban Patty Chadwick Rural Operators Operators

CSR's Cynthia Gilbert Rural Seasonal Judy Bruce Victoria Carleton Operators Blake Stebber Sarah Lee