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TO: |
Transit Commission |
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THROUGH: |
Jay Fox, Executive Director |
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FROM: |
Viola Miller, Chief Financial Officer |
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PRESENTER(S): |
Viola Miller, Chief Financial Officer |
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TITLE:
title
Financial Report - 3rd Quarter 2026
end
AGENDA ITEM TYPE:
Discussion
RECOMMENDATION:
Informational report for discussion
BACKGROUND:
The Utah Public Transit District Act, as modified by 2026 Senate Bill 197, directs Utah Transit Authority to present quarterly financial reports to the Transit Commission. The Chief Financial Officer will present the financial results comparing actual expenses to the budget for the 3rd calendar quarter. The Transit Commission Dashboard, which summarizes key information from the quarterly financial reports, will be reviewed during the meeting.
DISCUSSION:
At the November 18, 2026, meeting, the Chief Financial Officer will review the Transit Commission Dashboard key items, passenger revenues, sales tax collections, operating expenses, and capital budget status.
ALTERNATIVES:
n/a
FISCAL IMPACT:
n/a
ATTACHMENTS:
• 3rd Quarter 2026 UTA Financial Statements (unaudited)