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CVTA finance committee hears fiscal update, moves to Teams for virtual participation and authorizes FY27 public comment advertisement

Central Virginia Transportation Authority Finance Committee · March 12, 2026
AI-Generated Content: All content on this page was generated by AI to highlight key points from the meeting. For complete details and context, we recommend watching the full video. so we can fix them.

Summary

Committee staff reported tax collections and investment returns, announced migration from Zoom to Microsoft Teams for virtual participation, and the committee authorized advertisement of the FY27 budget public comment period (April 9–23) and hearing (April 24).

At its March 11 meeting the Central Virginia Transportation Authority Finance Committee received fiscal updates and a procedural announcement about virtual meeting access, and authorized advertisement of the FY27 public review period and hearing.

On finances, Mr. Parsons reported tax collections and distribution updates: "to date now we are up over 1.1 billion. Um so year to date is just over 100 million," and he summarized the investment…

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