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OVTC reviews May budget; notes MTM buys $5,000 in monthly punch cards
Summary
The Oneida Vilas Transit Commission reviewed its May financials, noting MTM has been purchasing $5,000 worth of punch cards each month and that expenses are being affected by higher gas prices and a workers' compensation premium.
The Oneida Vilas Transit Commission reviewed its budget through May during the June 22 meeting. The minutes record that MTM has been purchasing $5,000.00 worth of punch cards each month; members were also informed that rising gasoline prices and payment of the workers' compensation premium are pressuring expenses.
The review was recorded as a staff presentation in the minutes; no public comments were made on the budget. Commissioners did not take formal action during the item and directed that budget monitoring continue into the next cycle.
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