Memorandum
Date: June 11, 2015
To: Boston Region Metropolitan Planning Organization
From: Paul Regan, Chairman
Administration and Finance Committee
Re: Recommendation to approve the SFY2016 CTPS Operating Budget
The Administration and Finance Committee met on June 4, 2015, to discuss the SFY2016 CTPS Draft Operating Budget.
Karl Quackenbush, Executive Director, and Robin Mannion, Deputy Executive Director, presented the following materials to the Committee:
The SFY2016 CTPS Draft Operating Budget totals $6,527,900. This budget represents an increase of $583,100 from the approved SFY2015 level of $5,944,100. This increase is solely attributable to expected increases in MBTA revenue. MPO 3C funds and MassDOT funds are actually expected to decrease. SFY2015 is projected to end the year at $5,682,733.
A thorough presentation of the funding by source, operating budget and computer plan was provided to the Administration and Finance Committee by Executive Director Quackenbush and Deputy Executive Director Mannion.
Having conducted a satisfactory review of the SFY2016 CTPS Draft Operating Budget, the Administration and Finance Committee recommends approval of said budget to the Boston Region Metropolitan Planning Organization.