CVTA Finance Committee 10-9-24
Central Virginia Transportation Authority Finance Committee · October 10, 2024
The Central Virginia Transportation Authority Finance Committee met to review financial reports, consider a regional funding deallocation policy (recommended to the full authority), receive a clean audit, discuss a working capital reserve strategy and the bond-validation process. Committee members asked for clarifications about the 4‑year deallocation window, how requests for additional funding reset that clock, and next procedural steps for bonds.
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