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News & Updates | Newsroom
News & Updates: Newsroom

Friday, Feb
RTA news

 

May 19, 2009

 

RTA Board meeting highlights

 

CLEVELAND – Here are highlights of today’s meeting of the Board of Trustees of the Greater Cleveland Regional Transit Authority (RTA).

 

  • Board members Dennis M. Clough and Valarie J. McCall were sworn in for new three-year terms. Clough is Mayor of Westlake and an appointee of the Cuyahoga County Mayors and City Manager’s Association. McCall, Chief of Government Affairs for Mayor Frank Jackson, is an appointee of the City of Cleveland.

 

  • Approved an amendment to RTA’s Energy Risk Management Program, and extended the maximum fuel hedging time period from 24 to 36 months. Staff has already hedged 86.6 percent of RTA’s 2010 fuel requirement, and 23.5 percent of the 2011 requirement.

 

 

 

  • Learned that ridership on the HealthLine was up 46.9 percent in April, or 106,800 more rides.

 

  • Met in executive session to discuss the 2008 external audit.

 

  • Held a working session with staff to discuss a projected deficit in the 2009 budget. If no action is taken, and if no additional funds are provided by outside agencies, RTA will finish 2009 with an $8.8 million deficit. A number of options were discussed; no action was taken.

 

NEXT BOARD MEETING: 9 a.m. June 2.

 

FOR MEDIA INQUIRIES ONLY:

 



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