Utah Transit Authority header
File #: 24-513   
Type: Report Status: Presented
In control: Board of Trustees
On agenda: 10/9/2024 Final action: 10/9/2024
Title: Strategic Plan Minute: Generating Critical Economic Return - Finance School
Attachments: 1. _Presentation_Strategic Plan Minute

TO:                

Board of Trustees

THROUGH:  

Jay Fox, Executive Director

FROM:          

Jay Fox, Executive Director

PRESENTER(S):

Jay Fox, Executive Director

 

 

 

TITLE:                                                                                                                                                                         

title

Strategic Plan Minute: Generating Critical Economic Return - Finance School

 

end

 

AGENDA ITEM TYPE:                                                                                                                        

Report

RECOMMENDATION:                                                                                                                       

Informational report for discussion                     

BACKGROUND:                                                                                                                                 

At the end of 2022, UTA adopted its 2022-2030 Strategic Goals and Objectives. The strategic minute provides an update on one of the five UTA strategic priorities - Quality of Life, Customer Experience, Organizational Excellence, Community Support, and Economic Return.

 

DISCUSSION:                                                                                                                                      

Our Generating Critical Economic Return priority focuses how UTA is an economic engine which positively impacts Utah’s statewide economy. A key element in being part of that economic engine is fiscal responsibility by UTA’s workforce. One of the goals for our Chief Finance Office this year was to improve financial stewardship and knowledge and understanding of UTA’s finances. Our Finance team set a strategic initiative to develop a UTA finance school and deploy across the organization. This discussion will highlight the performance and impact of finance school at UTA.

 

ALTERNATIVES:                                                                                                                                    

N/A

FISCAL IMPACT:                                                                                                                                

N/A

ATTACHMENTS:                                                                                                                                

None