Fiscal & Management Control Board Meeting

Event Description

OPEN MEETING

A. Public Comment Period

B. Meeting Minutes

Approval of open meeting minutes of December 21, 2015, January 4, 2016,and January 11, 2016.

C. Report from the General Manager

Possible discussion of operations activities, system performance, and other related matters.

D. Report from the Chief Administrator

Possible discussion of financial performance, ongoing public processes, and other related matters. Also a presentation on advertising revenue.

E. FMCB Schedule

Review and discussion of upcoming FMCB agenda items, including potential Fare Increase and Late Night Service pilot future.

NOTE: Public comment summaries on fare increase and late service are included in the board materials and are posted on the MBTA website.  

F. FY16 Operating Budget Re-cast

Review of FY16 operating budget performance through the first half of the fiscal year, and re-cast of the operating budget based on savings and efficiencies.

G. Bus Maintenance

Review of report by C2MH on bus maintenance costs, processes, procedures and a discussion of ways to improve efficiencies.

H. Overtime Audit

Update by internal and external auditors on the status of ongoing audits of overtime.

I. Keolis Improvement Plan Update

Update on the first 6 months of performance by Keolis under its improvement plan.

EXECUTIVE SESSION

J. Meeting Minutes

Approval of executive session meeting minutes of November 23, 2015, November 30, 2015, December 9, 2015 and December 14, 2015.

K. Real Estate Negotiation/Pending Litigation strategy