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Board says it will prepare detailed response to FTA, plans November millage question
Summary
Trustees agreed to compile documents and draft resolutions to answer an FTA letter, including signature-authority and internal-control updates, and discussed placing the Takata millage on the November ballot to secure long-term funding before the 2027 expiration.
An unidentified board member told trustees they will assemble a formal response to a recent Federal Transit Administration (FTA) letter and prepare several governance measures at the next meeting.
The speaker said the board needs ‘‘designation of signature authority, [an] updated board-approved authorizing resolution, an opinion of counsel,’’ and revised policies and procedures that show segregation of duties and internal controls. ‘‘I think we should take our time and do this…
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