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CVTA financial update: $81M collected in period; Jamis financial system goes live
Summary
Staff reported $81 million in tax collections for the reporting period, distribution allocations to localities/region/GRTC, $437,000 in operating expenses year‑to‑date, and that the Jamis financial management system went live on Jan. 1; investment yields have leveled off and portfolio yield is about 3.9%.
CVTA staff provided the committee with a quarterly financial update that included tax collection totals, operating expenses, the rollout status of the new Jamis financial management system and a December investment report.
Miss Shepherd reported tax activity through Dec. 31, 2025: "tax revenues on the left in orange, that's sales and use tax at 61,000,000, making up 75% of the total revenues funding CBTA and…
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