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Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.
Meeting Name: Finance, Budget and Audit Committee Agenda status: Final
Meeting date/time: 5/18/2022 1:30 PM Minutes status: Draft  
Meeting location: Watch online: http://boardagendas.metro.net Listen by phone: Dial 888-251-2949 and enter Access Code: 8231160# (English) or 4544724# (Español)
To give written or live public comment, please see the top of page 4
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video: eComment: Not available  
Attachments:
File #Agenda #TypeTitleActionResultAction DetailsAudio
2022-0251 13.Informational ReportCONSIDER: A. RECEIVING AND FILING the Management Audit Services FY 2022 third quarter report; and B. ADOPTING the Management Audit Services Audit Charter (Attachment B).   Not available Not available
2022-0193 14.Informational ReportRECEIVE AND FILE Office of the Inspector General (OIG) Final Report on the Statutorily Mandated Audit of Miscellaneous Expenses for the Period of October 1, 2021 to December 31, 2021.   Not available Not available
2022-0243 15.Public HearingCONSIDER: A. ADOPTING the proposed FY23 Budget as presented in the budget document (provided in a separate transmittal and posted on metro.net ); 1. AUTHORIZING $8.8 billion annual consolidated expenditures to achieve goals and objectives set forth by the Board adopted mission and goals; and 2. AUTHORIZING a total of 10,596 FTEs with 8,778 Represented FTEs and 1,818 Non-Represented FTEs; and 3. AUTHORIZING an average 3.5% performance-based merit increase for Non-Represented employees. The wage increases for Represented employees, in accordance with the pre-negotiated Collective Bargaining Agreements, is an average 3.5% (except for SMART); and 4. APPROVING the Life of Project (LOP) budgets for new capital projects; new capital projects with LOP exceeding $5.0 million are presented in Attachment A; and 5. AMENDING the proposed budget to include any Board approved actions currently under consideration, from now to the end of fiscal year (June 30, 2022); and B. APPROVING the Reimbursement Resolution declaring Metro’s intention to issue    Not available Not available
2022-0114 16.ResolutionADOPT a Resolution (Attachment A) that authorizes the issuance and sale of up to $67 million in aggregate principal amount of the Proposition C Sales Tax Revenue Refunding Bonds in one or more series, and the taking all other actions necessary in connection with the issuance of the refunding bonds. (REQUIRES SEPARATE, SIMPLE MAJORITY BOARD VOTE)   Not available Not available
2022-0308  Informational ReportRECEIVE General Public Comment   Not available Not available