FINANCIAL MANAGEMENT UPDATE MEETING
PLEASE NOTE CHANGE IN TIME AND LOCATION
Thursday, March 6, 2008
4:30 PM
Issac Newton Senter Auditorium
County Government Center
70 West Hedding Street
San Jose, California
Agenda
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1. |
CALL TO ORDER
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Review VTA background information on current assets, long term liabilities, outstanding debt, current liabilities, non-operating assistance and investment income, sales tax revenue performance, and targeted operating reserves.
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Review the financial recommendations from the 2007 Organizational and Financial Assessment and actions taken by VTA in response to the recommendations.
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Review financial improvements implemented by VTA April 2007 through January 2008.
Financial Improvements
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Review the benefits to VTA of implementing the financial improvements.
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6. |
Discuss next steps and conclusion.
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7. |
Public Comments: Speakers are limited to 2 minutes. Please complete a blue card located at the public information table and hand it to the Board Secretary staff.
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8. |
ADJOURN
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NOTE COMMITTEE MEMBERS: In order to establish a quorum for this meeting, members are asked to call the Office of the Board Secretary (408) 321-5680 or E-mail: board.secretary@vta.org before 5:00 p.m. on the day prior to the meeting. Thank you for your cooperation.
In compliance with the Americans with Disabilities Act (ADA), those requiring accommodations or accessible media for this meeting should notify the Board Secretary’s Office 48 hours prior to the meeting at (408) 321-5680 or e-mail: board.secretary@vta.org, TDD (408) 321-2330. VTA’s Homepage is located on the Web at: http://www.vta.org
All reports for items on the open meeting agenda are available for review in the Board Secretary's Office, 3331 North First Street, San Jose, California, (408) 321-5680, the Monday, Tuesday and Wednesday prior to the meeting. This information is available on VTA's website at www.vta.org and also at the meeting.
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