Finance and Administration Committee Meeting

Meeting Details

For public participation, please see the agenda for further instructions to join our meeting.

1. Call to Order and Pledge of Allegiance

2. Roll Call of Members

3. Meeting Open to Public

• Members of the audience may address the Committee on any matter within the general subject matter jurisdiction of the LAVTA Board of Directors.
• Members of the audience may address the Committee on items on the Agenda at the time the Chair calls for the particular Agenda item. 
• Public comments should not exceed three (3) minutes. 
• Agendas are published 72 hours prior to the meeting. 
• No action may be taken on matters raised that are not on the Agenda.

4. Minutes of the March 25, 2025 Meeting of the F&A Committee

Recommendation: Approval

5. Treasurer’s Report for March 2025

Recommendation: Staff recommends submitting the attached March 2025 Treasurer’s Report to the Board for approval.

6. Legislative Update

Recommendation: Staff recommends the Committee accept this report and refer four legislative positions to the Board of Directors for approval.

7. Approval of Resolutions Authorizing Staff to Apply for TDA, STA, RM2 and RM3 funds for Fiscal Year 2025-2026

Recommendation: Staff recommends that the Finance and Administration Committee recommend that the Board of Directors approve Resolution 14-2025 and Resolution 15-2025 authorizing the filing of a claim with MTC for Allocation of TDA Article 4.0, 4.5, STA, RM2, and RM3 Funds for Fiscal Year 2025-2026.

8. LAVTA’s Operating & Capital Budget for FY 2026

Recommendation: Staff recommends that the Finance and Administration Committee forward the Operating and Capital Budget for FY 2026 and Resolution 16-2025 to the Board for approval.

9. Preview of Upcoming F&A Committee Agenda Items

10. Matters Initiated by Committee Members

11. Next Meeting Date is Scheduled for: May 27, 2025

12. Adjourn

I hereby certify that this agenda was posted 72 hours in advance of the noted meeting.

LAVTA, Executive Assistant /s/ Lynn Domagas 4/17/2025

On request, the Livermore Amador Valley Transit Authority will provide written agenda materials in appropriate alternative formats, or disability-related modification or accommodation, including auxiliary aids or services, to enable individuals with disabilities to participate in public meetings. A written request, including name of the person, mailing address, phone number and brief description of the requested materials and preferred alternative format or auxiliary aid or service should be sent at least seven (7) days before the meeting. Requests should be sent to:

Executive Director
Livermore Amador Valley Transit Authority
1362 Rutan Court, Suite 100
Livermore, CA 94551
Fax: 925.443.1375

Finance and Administration Committee Meeting

Meeting Details

For public participation, please see the agenda for further instructions to join our meeting.

1. Call to Order and Pledge of Allegiance
2. Roll Call of Members
3. Meeting Open to Public
   • Members of the audience may address the Committee on any matter within the general subject matter jurisdiction of the LAVTA Board of Directors.
   • Members of the audience may address the Committee on items on the Agenda at the time the Chair calls for the particular Agenda item.
   • Public comments should not exceed three (3) minutes.
   • Agendas are published 72 hours prior to the meeting.
   • No action may be taken on matters raised that are not on the Agenda.
4. Minutes of the February 25, 2025 Meeting of the F&A Committee
   Recommendation: Approval
5. Treasurer’s Report for February 2025
   Recommendation: Staff recommends submitting the attached February 2025 Treasurer’s Report to the Board for approval.
6. Legislative Update
   Recommendation: Staff recommends an informational update on recent legislative activities in Washington, D.C. and Sacramento and refer one position to the Board of Directors for approval.
7. Low Carbon Transit Operations Program (LCTOP)
   Recommendation: Staff requests the Finance & Administration recommend that the Board of Directors approve Resolution 10-2025 in support of an allocation request to Caltrans for the FY 24-25 Low Carbon Transit Operations Program (LCTOP) to construct necessary facility improvements at LAVTA’s Atlantis Operations & Maintenance Facility to replace existing aging, insufficient facilities and accommodate the agency’s transition to and future expansion of a 100% Fuel Cell Electric Bus (FCEB) fleet. This resolution is required to request an allocation of these funds from Caltrans.
8. LAVTA Records Retention Policy
   Recommendation: Staff recommends the Finance and Administration forward Resolution 11-2025 and the Records Retention Policy to the Board for approval.
9. FY 2026 Budget Outlook
   Recommendation: None – Information only
10. Preview of Upcoming F&A Committee Agenda Items
11. Matters Initiated by Committee Members
12. Next Meeting Date is Scheduled for: April 29, 2025
13. Adjourn
    

I hereby certify that this agenda was posted 72 hours in advance of the noted meeting.

LAVTA, Executive Assistant /s/ Lynn Domagas 3/20/2025

On request, the Livermore Amador Valley Transit Authority will provide written agenda materials in appropriate alternative formats, or disability-related modification or accommodation, including auxiliary aids or services, to enable individuals with disabilities to participate in public meetings. A written request, including name of the person, mailing address, phone number and brief description of the requested materials and preferred alternative format or auxiliary aid or service should be sent at least seven (7) days before the meeting. Requests should be sent to:

Executive Director
Livermore Amador Valley Transit Authority
1362 Rutan Court, Suite 100
Livermore, CA 94551
Fax: 925.443.1375