Central Midlands Regional Transit Authority FINANCE

3613 LUCIUS ROAD. • COLUMBIA, SC • 29201 WWW.CATCHTHECOMET.ORG • (O) 803.255.7133 • (F) 803.255.7113

Central Midlands Regional Transit Authority

FINANCE COMMITTEE AGENDA

Wednesday, Aug 11, 2021 10:00 a.m.

3613 Lucius Road, Columbia, SC, 29201 Conference Room A (Large) – 2nd Floor

OFFICERS

Andy Smith, Chair (Forest Acres) Rep. Leon Howard (Richland County Legislative Delegation) Dr. Robert Morris, (Richland County Legislative Delegation) Mike Green (West Columbia) Christopher Lawson (Richland County)

1. CALL TO ORDER AND DETERMINATION OF QUORUM

2. ADOPTION OF AGENDA* Page(s) 1-2

3. ADOPT MINUTES FROM July 14, 2021, MEETING Page(s) 3-5

4. MATTERS REFERRED FROM THE BOARD OF DIRECTORS Page(s) 6 • Discuss Previous Motions From 2017 to Present

5. MONTHLY FINANCIAL REPORTS (Rosalyn Andrews) Page(s) 7-21 • June 2021 (fiscal year end)

Financial Highlights Condensed Financial Summary Income Statement Balance Sheet Statement of Cash Flows Fuel Cost Summary Month to Month Budget comparison view

Prior to entering the meeting, please turn all electronic devices (cell phones, pagers, etc.) to a silent, vibrate or off position.

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6. DISADVANTAGED BUSINESS ENTERPRISE (DBE) UPDATE (A. Prince) Page(s)22

7. DISCUSSION AND ACTION ITEMS • None

8. LEGAL/CONTRACTUAL/PERSONNEL (may require executive session) • None

9. ADJOURN

All items on this agenda are subject to action being taken by the Committee.

*Agenda order is subject to change.

GENERAL INFORMATION ABOUT BOARD COMMITTEE MEETINGS: The COMET will make all reasonable accommodations for persons with disabilities to participate in this meeting. Upon request to the Administrative & Customer Service Specialist, The COMET will provide 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. Requests should be sent to The COMET by mail at 3613 Lucius Road, Columbia, SC 29201, by fax at (803) 255-7113, or by e-mail to [email protected]. For language assistance, interpreter services, please contact (803) 255-7133, 711 through the Relay Service. Para información en Español, por favor llame al (803) 255-7133. Catch The COMET to the Meeting! Route 6 and DART serve the facility. Visit www.catchthecomet.org or call (803) 255-7100 for more details. Upcoming Meeting Dates: Board of Directors Meeting Wednesday, Aug 25, 2021 @ 12:00 p.m.

Lowell C. Spires, Jr. Regional Transit Facility 3613 Lucius Road Columbia, SC 29201 Conference Room A (Large)

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The COMET Committee Meeting minutes are prepared and presented in summary form. Audio recordings of the meetings are on file at The COMET and are part of the approved minutes. If you would like to hear the recording from the meeting, please contact Angela Jacobs at [email protected]. Per SC Code of Laws, Title 30, Chapter 4, Section 30-4-80 - All public bodies shall notify persons or organizations, local news media, or such other news media as may request notification of the times, dates, places, and agenda of all public meetings, whether scheduled, rescheduled, or called, and the efforts made to comply with this requirement must be noted in the minutes of the meetings. The COMET complied with the notification of this meeting on July 7, 2021.


FINANCE SUBCOMMITTEE MEETING Wednesday, July 14, 2021-10:00 A.M.

3613 Lucius Road, Columbia, SC 29201 – Teleconference

Members Present Christopher Lawson Robert Morris Andy Smith, Committee Chair Michael Green** Members Absent Rep. Leon Howard **Advisory board member

1. CALL TO ORDER AND DETERMINATION OF A QUORUM

Mr. Smith called the meeting to order at 10:05 A.M. A quorum was present at the opening of the meeting.

2. ADOPTION OF AGENDA Motion: A motion was made by Dr. Morris to adopt agenda. The motion was seconded by Mr. Lawson. Ayes Lawson, Morris, Smith Nays: None. Absent: Howard Motion passed.

3. ADOPTION OF MINUTES FROM JUNE 9, 2021, MEETING Motion: A motion was made by Dr. Morris to adopt the minutes from June 9, 2021, meeting. The motion was

seconded by Mr. Lawson. Ayes: Lawson, Morris, Smith Nays: None Absent: Howard Motion passed.

The COMET Staff Present: Rosalyn Andrews, Director of Finance/CFO Pamela Bynoe-Reed, Director of Marketing & Community Affairs/PIO LeRoy DesChamps, Interim Executive Director Angela R. Jacobs, Public Information Specialist & Board Clerk Arlene Prince, Director of Regulatory Compliance & Civil Rights Officer Crystal Willis, Financial Accountant

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4. MATTERS REFERRED FROM THE BOARD OF DIRECTORS Mr. Smith asked if there was an update on returning to in-person meetings and Mr. DesChamps reported that Chairman Huggins would poll all board members about their comfort level in resuming in-person meetings and report to the full board at the July 28th meeting. Dr. Morris suggested that the Finance Committee go on record with the recommendation of returning to in-person meetings in September. Because this is not an agenda item for this committee, Mr. Smith will relay to Chairman Huggins that it was discussed by the Finance Committee and that the committee agrees that it is appropriate to return to in-person meetings in September.

5. MONTHLY FINANCIAL REPORTS Ms. Andrews referred the committee to the financial highlights beginning on page 7 of the committee packet and reported that for the month of May there is a deficit of $386,000 while year-to-date is on a positive note at $1.4 million and total revenues, which is all money coming in, is at a little over $2 million with year-to-date overall totals at $27 million. She reported that an ECOH drawdown request was done and those funds should appear later in the month of July. She reported that total depreciation with expenses included is $2.37 million, with year-to-date at $29 million. Year-to-date paid to the contractor, RATP Dev, which includes the 90% agreement with the Standstill Agreement is at $9.3 million and has been paid through April, with a total of $10.5 million for the month of April. She referred to the committee to the breakdown for contract services which includes marketing and budget line items broken down by vendor. The total collections of Penny Revenue since its inception is over $140 million of the $300 million promised to The COMET and the total monies collected from Richland County for this fiscal year. Mr. Smith asked Ms. Andrews to clarify if 90% of invoices were being paid and Ms. Andrews confirmed that 90% was paid in February, March, and April but she was informed by Mr. Hubbell that if there are no invoicing disputes going forward, The COMET would begin paying 100%. The invoice for May has no disputes and 100% should be paid. Mr. Smith referred to page 8 for the contract operator expenses and asked if 100% was being included in the invoices or if this includes an additional 10% and Ms. Andrews clarified that it was at 100%. Dr. Morris suggested that Ms. Andrews update the check register the day before the committee meeting to allow members to review as opposed to sending them the morning of the committee. Ms. Andrews said the fiscal year would end on a positive note and that finance staff are requesting invoices from all vendors and ensuring that everything is captured for the year. Mr. Smith asked for clarification on the $1.6 million on a $19 million-dollar budget, and Ms. Andrews reported it is federal CARES ACT funding. She also explained that with the Standstill Agreement with RATP Dev reimbursements form the FTA could not be received until all invoices have been collected. She reported that Ms. Ransom did a drawdown for a little over $2 million dollars and this amount would have been larger with reimbursements for RATP Operations. Mr. Smith asked if there would still be time to claim funds after the reimbursement data is received and Ms. Ransom confirmed that there is almost a full year of RATP Dev operating invoices that can be drawn down against the CARES Act funds and that she is awaiting consistency in those invoices as well as the appropriate backup to those invoices before she completes the drawdown. Mr. Smith asked for an update on alternative fuel vehicles and Ms. Ransom said reported that The COMET has been applying for the Low No Emissions Grant since 2018 and was pleased to announce that the grant was awarded for FY 2021 and The COMET will receive about $2.9 million which should allow for purchase of two electric and two hydrogen fuel cell vehicles with charging equipment and supportive infrastructure. The COMET will partner with CTE to get the project started in the next few months. Mr. Smith asked if one technology over the other could be chosen if there is a strong preference and Ms. Ransom said the grant allows us to get the infrastructure in at very little cost. Dr. Morris said staff could hold off on reminded the committee that staff were looking into free electrical buses and that this effort could be put on hold if electrical buses were included in the grant. Mr. DesChamps reported that Mr. Andoh received an update at the end of March from Proterra that they could not afford free or demo bus usage but

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offered a lease option. Mr. DesChamps agreed with moving forward with the grant. Mr. Lawson asked what the details of the grant award were and Ms. Ransom confirmed reported that the grant application and award was for two electric and two hydrogen buses and after direction from the board she would get clarification on the flexibility of the grant to approve one or both technologies. Mr. Smith thanked finance staff for the positive news and their hard work.

6. DISADVANTAGED BUSINESS ENTERPRISE (DBE) UPDATE Dr. Prince referred the committee to the DBE Utilization report on page 23 and reported that the information reflects July 2020 through June 30, 2021. She reported that The COMET year-to-date paid information is taken directly from the financial register. The DBE paid year-to-date at 100% comes from the financial register, if less than 100% it is information received directly from the vendor and they also provide proof of payment. She reported that The COMET has paid vendors a total of approximately $17.3 million dollars and of that amount approximately $5.7 million has been paid to DBE firms and is approximately 32%. Dr. Prince reported that she monitors the progress on a monthly basis.

7. DISCUSSION AND ACTION ITEMS – None.

8. LEGAL/CONTRACTUAL/PERSONNEL (may require executive session) – None.

9. ADJOURNMENT

Motion: A motion was made by Dr. Morris and seconded by Mr. Lawson to adjourn. The meeting adjourned at 10:27 A.M. CENTRAL MIDLANDS REGIONAL TRANSIT AUTHORITY Adopted this _______________________, 2021. Prepared by: __________________________________________________________________________ Angela R. Jacobs, Public Information Specialist & Clerk to the Board

Reviewed by: __________________________________________________________________________ Pamela Bynoe-Reed, Director of Marketing & Community Affairs/PIO Approved by: __________________________________________________________________________ Christopher Lawson, Secretary

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Date Motion Status Next StepsOpen or Closed

Completion Date

6/9/2021Confer with Chairman Huggins about resuming in-person meetings

Chairman Huggins to poll other board members

Discuss at July 2021 Meeting (awaiting resolution from board - to be revisited at Aug 2021 meeting) Open

Finance Committee Motions List

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Financial Highlights FY 2021 Month End June 2021

100% of fiscal year completed

• Net Income (Loss):o Excluding depreciation - Month = ~$2.18M Actual YTD = ~$3.40M

• Total Revenue:o PTD = $4.48M Actual YTD ~ $32.18M

Compared to 100% of annual budget o f ~$44.05M; total YTD collections represent an average ~73% of annual budgeted amount

• Total Expenses (w/depreciation):o PTD = $2.56M Actual YTD ~ $31.90M

compared to 100% of annual budget of ~ $47.53M; total YTD expenditures represent an average ~ 67% of annual budgeted amount

• YTD paid to contract operator RATP Dev 7/1/2020 to reporting month: ~$11,802,129 • Professional Contract Svcs, Marketing & Security (4203, 4361, 4509):

• ABLE South Carolina 3,794 • Swiftly 1,733 • Burr Forman McNair 18,585 • The LeFlore Group 10,980 • CTEE 200 • Chernoff Newman, LLC 1,350 • iT1 Solutions 5,500 • Security (4509) 55,772 • Natavis Harris (planner consultant) 5,200 • Robinson Gray Law Firm 1,372 • Marketing, Adv & Promotion

(Flock & Rally included - 4203)o Facebook Ado F&R Adv expenseso F&R website designo WP Engine

38,940

• Total collections of Penny Revenue since 2013 to present: $140,461,357 of $300,991,000 allocation; remaining balance = $160,529,643 Payments received from Richland County.

o Aug 2020 - $4,369,088o Nov 2020- $5,622,504o Feb 2021 - $5,148,622o April 2021 – $5,582,888

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Actual PTD Actual YTD Budget YTD6/30/2021 6/30/2021 FY 2021

Revenues:

Passenger Fares/Revenue Contracts 220,640 1,885,067 1,993,122

Special (Advertising, Interest, Rental, Etc) 29,217 455,904 409,120

Admin/Misc 258 440,681 350,600

Local Revenue (The Penny) 1,860,963 24,724,384 17,955,696

Reimbursement (RTAP, UofSC, etc) - 1,375 916,353

State (SCDOT) - 493,881 698,596

CBDG & Hospitality 4,167 67,413 95,000

Federal 2,361,182 4,109,315 21,628,321

Total Revenue 4,476,427$ 32,178,020$ 44,046,808$

Expenses:

Contract Operator 1,493,903 17,906,048 23,169,733

Federal/State 422,468 5,634,964 16,014,266

Fuel 113,635 1,243,258 2,668,793 Administrative (includes Salaries & Benefits) 107,713 1,467,988 1,484,811

Professional Services 117,508 1,559,274 2,006,547

Utilities 22,881 276,014 303,300

Other Operating Expenses 16,908 688,649 1,884,449

Depreciation 264,357 3,124,042 -

Total Expenses 2,559,372$ 31,900,236$ 47,531,900$

Net Income (Loss) From Operations + Depreciation add back: 2,181,413$ 3,401,825$ (3,485,091)$

Cash:Wells Fargo

Petty Cash 170

Operating Acct 1,703,809

OPTUS BankOperating Reserve Funds 3,799,173

Capital Reserve Funds 2,758,963 6,558,136

Central Midlands Regional Transit AuthorityCondensed Statement of Financial Position

Period Ended 06/30/21

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Central Midlands Regional Transit AuthorityCondensed Statement of Financial Position

Period Ended 06/30/21Local Gov't Investment Pool

Emergency Reserve 8,563,410

Operating Reserve 8,563,410 17,126,819

Security Federal BankOperating/Sweeps Acct 4,436,851

Total Cash 29,825,785$

Total Assets 70,348,044$

Total Liabilities 11,299,497$

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100%

Actual PTD Actual YTD

Budgeted YTD

($) Variance ($)

Annual

Budgeted

($) of Budget

remaining

6/30/2021 6/30/2021

Actual YTD vs

Budget YTD Amount

Actual YTD vs

Annual Budget

Revenue:

Operating Revenues

Passenger Revenue 93,814 216,589 200,000 (16,589) 200,000 (16,589)

Advertising Revenue 19,143 97,044 111,850 14,806 111,850 14,807

Contracted Services Revenue 126,826 1,668,478 1,793,122 124,644 1,793,122 124,644

Human Trafficking Awareness - - 75,888 75,888 75,888 75,888

CARES Act Funding (Federal & SCDOT) 357,779 494,009 7,268,923 6,774,914 7,268,923 6,774,914

Older American Act - - 50,000 50,000 50,000 50,000

Miscellaneous Income 258 352,001 350,000 (2,001) 350,000 (2,001)

Total Operating Revenue 597,821 2,828,121 9,849,783 7,021,662 9,849,783 7,021,663

Nonoperating Revenues

In Kind Revenue - Lexington Cty - 60,000 - (60,000) - (60,000)

Local Revenue - Lexington Cty - 252,353 256,520 4,167 256,520 4,167

USC Cap Ex reimbursment - - 913,353 913,353 913,353 913,353

Interest Income 2,239 79,444 189,000 109,556 189,000 109,556

Richland County 1% Sales Tax 1,860,963 24,472,031 17,699,176 (6,772,855) 17,699,176 (6,772,854)

RTAP Reimbursement - 1,375 3,000 1,625 3,000 1,625

Fuel Tax Refunds 6,792 268,921 106,800 (162,121) 106,800 (162,121)

OPT/SMTF 5339 - 279,073 430,897 151,824 430,897 151,824

OPT Rural Program 5311 Revenue - 18,185 213,180 194,995 213,180 194,995

Hospitality/Accomodations Tax 4,167 19,154 20,000 846 20,000 845

CDBG Revenue (Shelters & Pass Program) - 48,259 75,000 26,742 75,000 26,742

SCDOT - OPT 5304 - 20,152 54,519 34,367 54,519 34,367

Rental Income 60 1,470 1,470 - 1,470 -

Federal Revenue - Health Care Access - - 249,912 249,912 249,912 249,912

Federal Revenue - Planning - - 144,000 144,000 144,000 144,000

Federal Revenue - Capital: Non Prev Maint 474,688 1,252,718 1,041,912 (210,806) 1,041,912 (210,806)

Federal Revenue - Capital: Prev. Maint - - 324,220 324,220 324,220 324,220

Federal Revenue - CapX Fleet Procurement - 87,406 5,154,206 5,066,800 5,154,206 5,066,800

Federal Revenue - Salaried Positions - 21,846 - (21,846) - (21,846)

Federal Revenue - ADP Software 542,292 688,907 360,000 (328,907) 360,000 (328,907)

Federal Revenue - ADP Hardware 826,936 861,683 880,000 18,317 880,000 18,317

Federal Revenue - Operations Assistance - 10,916 1,287,280 1,276,364 1,287,280 1,276,364

Fiscal Year % complete =

Central Midlands Regional Transit AuthorityStatement of Income vs Budget

Period Ended June 30, 2021

Page 1 of 4

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100%


Budgeted YTD

($) Variance ($)

Annual

Budgeted

($) of Budget

remaining

6/30/2021 6/30/2021

Actual YTD vs

Budget YTD Amount

Actual YTD vs

Annual Budget




Federal Revenue - ADA Paratransit - - 550,000 550,000 550,000 550,000

Federal Revenue - EE Training - - 25,000 25,000 25,000 25,000

Federal Revenue - Mobility 5310 6,554 6,554 79,600 73,046 79,600 73,046

Federal Revenue - 3rd Party Contractual (Website) - 546 15,000 14,454 15,000 14,454

Federal Revenue - APC - - 399,037 399,037 399,037 399,037

Federal Revenue - Safety & Security - 1,149 130,557 129,408 130,557 129,408

Federal Revenue - Vanpool 12,967 19,467 120,000 100,533 120,000 100,533

Federal Revenue - Bike Program - 98,176 202,500 104,324 202,500 104,324

Federal Revenue - 5339 Shelter ACQ & Install 139,966 565,938 3,057,566 2,491,628 3,057,566 2,491,628

SCDOT: OPT 5339 - 176,471 - (176,471) - (176,471)

Federal Revenue - Intermodal Station - - 212,720 212,720 212,720 212,720

Gain(Loss) Sale of Asset - - 600 600 600 600

Insurance Claims Revenue - 28,680 - (28,680) - (28,680)

Concessions Revenue 983 9,026 - (9,026) - (9,026)

Total Nonoperating Revenue 3,878,607 29,349,899 34,197,025 4,847,126 34,197,028 4,847,129

Total Revenues: 4,476,427 32,178,020 44,046,808 11,868,788 44,046,811 11,868,791

Expenses:

Administrative

Salaries (Staff/Intern) & Other Paid Wages 85,295 1,108,078 1,051,361 (56,717) 1,051,361 (56,718)

SC Retirement: ER 12,718 164,506 176,279 11,773 176,279 11,772

FICA & Medicare 6,407 80,811 81,433 622 81,433 622

Health Insurance: ER 2,214 89,203 99,644 10,441 99,644 10,441

SC Unemployment 931 20,869 58,547 37,678 57,797 36,928

Workers Comp 147 1,940 17,547 15,607 17,547 15,607

Dues/Subscriptions/Memberships 92 7,934 21,270 13,336 21,270 13,336

Tuition Reimbursement - 10,500 10,500 - 10,500 -

Marketing/Advertising/Promotional Material 38,939 311,953 331,521 19,568 331,521 19,568

Charitable Donations (Passes ONLY) - - - - - -

Postage & Shipping 33 2,796 10,000 7,204 10,000 7,205

Printing 6,084 151,089 150,000 (1,089) 150,000 (1,089)

Board/Committee - 167 10,000 9,833 10,000 9,834

Employee Relocation - 2,580 - (2,580) - (2,580)

Page 2 of 4

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100%


Budgeted YTD

($) Variance ($)

Annual

Budgeted

($) of Budget

remaining

6/30/2021 6/30/2021

Actual YTD vs

Budget YTD Amount

Actual YTD vs

Annual Budget




Transit Academy - 103 3,000 2,897 3,000 2,897

Tickets & Transfers 764 10,051 - (10,051) - (10,051)

Office Equipment - Lease & Rental 372 16,070 35,000 18,930 35,000 18,930

Admin Misc: Office Supplies, Fines, Taxes, etc. 796 57,463 73,000 15,537 73,000 15,537

Banking Fees 1,822 4,820 34,100 29,280 34,100 29,280

Payroll Processing Fees 519 4,138 3,900 (238) - (4,138)

Employee Training & Development (Fed & Non Fed) 199 33,516 59,100 25,584 59,100 25,584

Intermodal Station Expenses (incl travel) - - 25,000 25,000 25,000 25,000

Total Administrative 157,332 2,078,588 2,251,202 172,614 2,246,551 167,963

Operations & Maintenance

In Kind Expense (Facility use) - 60,000 - (60,000) - (60,000)

Contractor-Fixed Route 1,177,260 14,585,506 18,290,969 3,705,463 18,290,969 3,705,462

Contractor-DART 273,308 3,091,916 3,953,852 861,936 3,953,852 861,936

Contractor-Spcl Svc/Svc Enhancements 30,901 82,394 604,912 522,518 604,912 522,518

CARES Act - SCDOT 5311 - - 213,180 213,180 213,180 213,180

Propane Fuel 42,895 398,646 900,000 501,354 900,000 501,354

Diesel & Vehicle Fuel 70,740 844,612 751,083 (93,529) 751,083 (93,529)

Hydrogen Fuel - - 500 500 500 500

OPT: SMTF Expenses - 1,050 1,549,146 1,548,096 1,549,146 1,548,096

Facility Related Repairs & Maintenance Expense (PM) 29,954 324,490 445,000 120,510 445,000 120,511

Federal Expense: ADP Software ACQ & Maint 108,083 1,201,664 457,161 (744,503) 457,161 (744,503)

Federal Expense: ADP Hardware ACQ & Maint 137,174 1,008,970 1,174,000 165,030 1,174,000 165,030

Federal Expense: 3rd Party Contractual (Website) - - 18,750 18,750 18,750 18,750

Federal Expense: APC - 6,882 498,796 491,914 498,796 491,914

Federal Expense: Safety & Security 55,773 712,281 980,830 268,549 980,830 268,550

Federal Expense: Van Pool Ops 6,600 76,232 120,000 43,768 120,000 43,768

Federal Expense: Bike Program 5,833 70,000 200,000 130,000 200,000 130,000

Federal Expense: 5310 43,800 135,093 122,000 (13,093) 122,000 (13,094)

Total Operations & Maintenance 1,982,321 22,599,736 30,280,179 7,680,443 30,280,179 7,680,443

Insurance

Insurance - Vehicle 478 20,562 20,109 (453) 20,109 (453)

Insurance - Facility 2,078 24,349 29,500 5,151 29,500 5,151

Insurance-Tort Liability 2,221 24,724 35,000 10,276 35,000 10,276

Page 3 of 4

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100%


Budgeted YTD

($) Variance ($)

Annual

Budgeted

($) of Budget

remaining

6/30/2021 6/30/2021

Actual YTD vs

Budget YTD Amount

Actual YTD vs

Annual Budget




Insurance-Officers & Directors 641 7,741 15,000 7,259 15,000 7,259

Total Insurance 5,418 77,376 99,609 22,233 99,609 22,233

Technical Services

Professional Contract Services 78,569 1,247,321 1,675,026 427,705 1,675,026 427,705

Fare Collection Service & Supplies 891 7,346 3,400 (3,946) 3,400 (3,945)

Total Technical Services 79,460 1,254,667 1,678,426 423,759 1,678,426 423,760

Utilities

Natural Gas 83 8,899 16,800 7,901 16,800 7,901

Electric 8,125 101,930 132,000 30,070 132,000 30,070

Water & Sewer 2,182 28,094 30,000 1,906 30,000 1,906

Telecommunications 12,492 137,091 124,500 (12,591) 124,500 (12,591)

Total Utilites 22,881 276,014 303,300 27,286 303,300 27,286

Capital Expense

Federal Expense: Preventative Maint (PM) 46,414 446,500 405,275 (41,225) 405,275 (41,226)

Furniture, Fixtures, & Equipment < $5000 - 57,654 60,000 2,346 60,000 2,346

Non - Federal Expense: Cap Ex - 219,537 1,250,300 1,030,763 1,250,300 1,030,763

Federal Expense: Shelter & Accessories ACQ/Install - 1,299,732 3,821,958 2,522,226 3,821,958 2,522,226

Federal Expense: Cap EX (Non PM) - - 6,065,140 6,065,140 6,065,164 6,065,164

Federal Expense: Capital (Non PM) 1,072 464,785 1,221,140 756,355 1,221,140 756,355

CDBG Expenses (Shelters & Benches) - - 93,750 93,750 93,750 93,750

Interest Expense 117 1,607 1,620 13 1,716 109

Total Capital Expense 47,602 2,489,814 12,919,183 10,429,369 12,919,302 10,429,488

Depreciation Expense 264,357 3,124,042 - (3,124,042) - (3,124,042)

Total Expenses: 2,559,372 31,900,236 47,531,899 15,631,663 47,527,368 15,627,132

Net Income before Deprecation: 1,917,055 277,784 (3,485,091) (3,762,875) (3,480,557) (3,758,341)

Add Back: Depreciation Expense 264,357 3,124,042 - (3,124,042) - (3,124,042)

Net Income From Operations: 2,181,413 3,401,825 (3,485,091) (6,886,916) (3,480,557) (6,882,382)

Page 4 of 4

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Assets

Current Assets

Petty Cash 170.28

Operating (Wells Fargo) 1,703,808.94

OPTUS Bank 3,799,172.58

Capital Reserve Funding (OPTUS) 2,758,963.31

Emergency Reserve Fund (LGIP) 8,563,409.60

Operating Reserve Fund (LGIP) 8,563,409.60

Operating/Sweeps Acct ( Security Federal) 4,436,850.51

Accts Receivable: Local Gov't 54,054.25

Accts Receivable: Ticket Sales 2,360,602.75

Accts Receivable: Contract Services Revenue 9,950.98

Accts Receivable: 1% Sales Tax Est. Revenue 11,048,739.82

Accts Receivable: Fuel Tax Refunds 6,791.52

Accts Receivable: Penny Sales Tax Interest Due 350,007.51

Accts Receivable: Interest Revenue Earned 19,407.54

Inventory 130,685.65

Prepaid Insurance 19,130.65

Prepaid Expenses 129,967.32

Total Current Assets: 44,094,214$

Fixed Assets

Land 1,772,521.78

Building 15,837,621.74

DART Vehicles 2,284,944.84

Buses 21,059,050.15

Trolleys 40,324.88

Automobiles 279,601.33

Equipment 6,464,867.43

Furniture & Fixtures 249,011.56

Accumulated Depr.: Furniture & Fixtures (189,966.83)

Accumulated Depr.: Equipment (4,073,425.92)

Accumulated Depr.: Buildings (7,171,348.99)

Accumulated Depr.: Vehicles (10,735,591.32)

Accumulated Depr.: Land Improvements (5,333.33)

Total Fixed Assets: 25,812,277$

Deferred Outflows of Resources

Deferred Outflows on Pensions 441,553.00

Total Deferred Outflows of Resources: 441,553$

Total Assets 70,348,044$


Balance Sheet

As of June 30, 2021

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Balance Sheet

As of June 30, 2021

Liabilities

Current Liabilities

Accounts Payable 9,204,259.88

Accruals (AP) 1,020.00

Salaries Payable 45,438.60

State Tax Withholding - EE (30.00)

State Unemployment Tax Payable 1,730.26

SC Retirement - Employee 4,055.55

State Health: Employee (4,154.50)

Dental: Employee (195.36)

Dental Plus: Employee (551.06)

Optional Life (169.54)

Dependent Life: Employee (7.89)

Supplemental LTD 74.13

Optional Life Pretax (80.95)

State Tobacco Prem (18.50)

State Vision Plan (198.71)

Medical Spending Acct Admin Fees 8.91

Colonial Life Supplemental (39.43)

Supplemental Insurance: EE (192.39)

Accrued Annual Leave 65,837.29

Capital Leases Payable 12,112.75

Total Current Liabilities 9,328,899$

Deferred Inflows of Resources

Deferred Inflows on Pensions 60,678.00

Total Deferred Inflows of Resources 60,678$

Non Current Liabilities

Net Pension Liability/OPEB 1,909,920.00

Total Net Pension Liability: 1,909,920$

Total Liabilities 11,299,497$

Fund Balance

Fund Balance 57,686,555.74

Net Assets-Current Year 277,783.65

Fund Balance: Restricted for Vehicle 224,808.00

Prior Period Adjustment 77,858.75

Prior Period Adjustment Grant #210 1,400,156.00

Prior Period Adjustment Restricted Cash (618,615.00)

Total Fund Balance: 59,048,547$

Total Liabilities & Fund Balance: 70,348,044$

15 of 22

Cash Flow from Operating Activities

Change in net assets 277,784$

Adjustments to reconcile change in net assets to net cash provided:

Depreciation 3,124,042

Changes in assets and liabilities:

(Increase) Decrease in:

Accounts receivable - Local Government 156,544

Accounts receivable - Ticket Sales (2,349,403)

Accounts receivable - Contract Services 56,156

Accounts receivable - Deferred 1% Sales Tax (3,721,926)

Accounts receivable - Fuel Tax Refunds 1,373

Accounts receivable - OPT Rural 5311 29,709

Inventory (5,711)

Prepaid Insurance 11,397

Prepaid Expenses (126,645)

Increase (Decrease) in:

Accounts Payable 5,917,915

SC Unemployment Tax Payable (281)

State Health - EE (1,311)

Dental - EE (188)

Dental Plus - EE (108)

Optional Life - EE (45)

Dependent Life- EE (3)

Supplemental LTD - EE 108

Optional Life Pretax - EE (33)

State Tobacco Premium (19)

State Vision Plan (55)

(111,114)

Net Cash Provided by (used in) Operating Activities 3,290,712

Cash Flows from Investing Activities:

Purchase of Fixed Assets (3,781,333)

Net Cash Provided by (used in) Investing Activities (3,781,333)

Cash Flows from Financing Activities:

Capital Lease Principle Payments (3,973)

Proceeds from New Borrowings -

Net Cash Provided by (used in) Financing Activities (3,973)

Net Increase (Decrease) in Cash and Cash Equivalents: (494,594)

Cash & Cash Equivalent at Begin of Year: 30,320,379

Cash & Cash Equivalent at End of Year: 29,825,785


Statement of Cash Flows

For the Quarter Ending June 30, 2021

Unaudited - For Management Purposes Only

16 of 22

Jul-19 Aug-19 Sep-19 Oct-19 Nov-19 Dec-19 Jan-20 Feb-20 Mar-20 Apr-20 May-20 Jun-20

Beginning Balance 13,798,343$ 12,183,258$ 11,171,420$ 10,726,982$ 10,007,267$ 12,676,007$ 13,717,338$ 13,703,812$ 12,680,754$ 11,256,327$ 13,027,207$ 12,371,742$

+Projected Cash Inflow 1,629,178$ 1,628,531$ 2,041,047$ 1,634,242$ 4,884,020$ 3,282,342$ 2,282,467$ 1,444,064$ 2,297,504$ 4,433,526$ 2,074,175$ 4,476,427$

Cash Available 15,427,520$ 13,811,789$ 13,212,466$ 12,361,224$ 14,891,288$ 15,958,349$ 15,999,805$ 15,147,877$ 14,978,258$ 15,689,853$ 15,101,382$ 16,848,169$

-Projected Cash Outflow 3,244,263$ 2,640,369$ 2,485,484$ 2,353,957$ 2,215,281$ 2,241,011$ 2,295,992$ 2,467,123$ 3,721,931$ 2,662,646$ 2,729,640$ 2,559,372$

Net Cash Available 12,183,258$ 11,171,420$ 10,726,982$ 10,007,267$ 12,676,007$ 13,717,338$ 13,703,812$ 12,680,754$ 11,256,327$ 13,027,207$ 12,371,742$ 14,288,797$

Xfer of Funds

Ending Balance 12,183,258$ 11,171,420$ 10,726,982$ 10,007,267$ 12,676,007$ 13,717,338$ 13,703,812$ 12,680,754$ 11,256,327$ 13,027,207$ 12,371,742$ 14,288,797$

Annual Budgeted

Amount 7/31/2020 8/31/2020 9/30/2020 10/31/2020 11/30/2020 12/31/2020 1/31/2021 2/28/2021 3/31/2021 4/30/2021 5/31/2021 6/30/2021

Revenue:

Operating Revenues

Passenger Revenue - 1,125 478 120 1,150 160 - - 47 - 56,061 63,633 93,814

Advertising Revenue 111,850 1,215 1,215 810 - 18,738 405 27,612 405 19,143 - 9,572 19,143

Contracted Services Revenue 1,793,122 153,529 153,529 137,271 137,271 131,052 142,966 154,692 131,123 131,333 143,318 126,826 126,826

Miscellaneous Income 350,000 1,093 1,093 1,399 1,020 4,841 333,348 693 465 4,085 4,038 402 258

Local Revenue - Lexington Cty 256,520 - - - 63,088 - - 63,088 - - 58,086 - -

Interest Income 189,000 5,291 5,291 14,614 7,788 5,160 25,588 419 4,412 2,184 411 3,737 2,239

Richland County 1% Sales Tax 17,699,176 1,333,333 1,333,333 1,333,333 1,333,333 4,685,260 1,874,168 1,990,600 1,283,855 1,716,208 3,866,681 1,860,963 1,860,963

RTAP Reimbursement 3,000 - - - - 325 - - 1,050 - - - -

Fuel Tax Refunds 106,800 8,835 8,835 8,920 8,948 8,970 173,319 9,020 9,021 7,201 10,000 8,983 6,792

OPT/SMTF 5339 430,897 - - - - - - - - - 279,073 - -

OPT Rural Program 5311 Revenue 213,180 - - 18,185 - - - - - - - - -

Hospitality/Accomodations Tax 20,000 - - 14,987 - - - - - - - - 4,167

CDBG Grants (Shelters & Pass Program) 75,000 - - - - - 13,559 34,700 - - - - -

Rental Income 1,470 810 810 60 60 60 60 60 60 60 60 60 60

Federal Revenue: Planning - - - - - - - - - - - - -

Federal Revenue - Capital: Non Prev Maint 1,041,912 - - 123,354 - - 342,013 - - 312,663 - - 474,688

Federal Revenue - Capital: Prev. Maint 324,220 - - - - - - - - - - - -

Federal Revenue - CapX Fleet Procurement - - - 87,406 - - - - - - - - -

Federal Revenue - Salaried Positions - - - - 7,646 - 7,646 - - 6,554 - - -

Federal Revenue - ADP Software 360,000 - - 80,712 - - 62,524 - - 3,379 - - 542,292

Federal Revenue - ADP Hardware 880,000 - - - - - 29,803 - - 4,944 - - 826,936

Federal Revenue - Operations Assistance 1,287,280 - - - - - 10,916 - - - - - -

Federal Revenue - ADA Paratransit 550,000 - - - - - - - - - - - -

Federal Revenue - EE Training 25,000 - - - - - - - - - - - -

Federal Revenue - Mobility 5310 79,600 - - - - - - - - - - - 6,554

Federal Revenue - 3rd Party Contractual (Website) 15,000 - - - - - 546 - - - - - -

Federal Revenue - APC 399,037 - - - - - - - - - - - -

Federal Revenue - Safety & Security 130,557 - - - - - 1,149 - - - - - -

Federal Revenue - Vanpool 120,000 - - - - - - - - 6,500 - - 12,967

Federal Revenue - Bike Program 202,500 - - 98,176 - - - - - - - - -

Federal Revenue - 5339 Shelter ACQ & Install 3,057,566 122,610 122,610 66,746 40,896 - 76,876 - - 71,341 - - 139,966

SCDOT: OPT Rural 5339 - - - - - - 176,471 - - - - - -

CARES ACT Funding (State & Federal) 7,268,923 - - 54,954 32,155 27,890 10,986 - - 10,245 - - 357,779

Gain(Loss) Sale of Asset 600 - - - - - - - - - - - -

Insurance Claim - - - - - - - - 13,840 - 14,840 - -

Management Fee - - - - - - - - - - - - -

Concenssions Revenue - 1,337 1,337 - 886 1,563 - 1,584 (212) 1,664 958 - 983

Total Revenues: 36,992,210 1,629,178 1,628,531 2,041,047 1,634,242 4,884,020 3,282,342 2,282,467 1,444,064 2,297,504 4,433,526 2,074,175 4,476,427

Central Midlands Transit Cash Budget Analysis*

Period Ended February 29, 2020


17 of 22




Cash Available 15,427,520$ 13,811,789$ 13,212,466$ 12,361,224$ 14,891,288$ 15,958,349$ 15,999,805$ 15,147,877$ 14,978,258$ 15,689,853$ 15,101,382$ 16,848,169$



Xfer of Funds

Ending Balance 12,183,258$ 11,171,420$ 10,726,982$ 10,007,267$ 12,676,007$ 13,717,338$ 13,703,812$ 12,680,754$ 11,256,327$ 13,027,207$ 12,371,742$ 14,288,797$

Annual Budgeted

Amount 7/31/2020 8/31/2020 9/30/2020 10/31/2020 11/30/2020 12/31/2020 1/31/2021 2/28/2021 3/31/2021 4/30/2021 5/31/2021 6/30/2021



Expenses:

Administrative

Salaries (Staff/Intern) & Other Paid Wages 1,051,361 89,910 86,792 95,646 88,276 87,253 97,313 85,087 85,433 93,876 102,912 110,285 85,295

SC Retirement: ER 176,279 11,525 14,744 14,883 13,736 13,164 15,563 12,661 12,674 13,774 12,789 16,276 12,718

FICA & Medicare 81,433 6,098 6,426 7,109 6,455 5,715 6,591 6,623 6,689 7,067 7,468 8,164 6,407

Health Insurance: ER 99,644 6,372 5,530 10,581 8,063 8,063 8,063 8,063 8,063 8,063 8,063 8,063 2,214

SC Unemployment 58,547 856 1,113 860 889 867 1,143 4,486 4,263 2,929 1,639 892 931

Workers Comp 17,547 176 176 176 176 176 176 147 147 147 147 147 147

Dues/Subscriptions/Memberships 21,270 723 400 - 1,184 1,120 330 150 410 300 2,531 694 92

Tuition Reimbursement 10,500 - - - - 3,500 7,000 - - - - - -

Marketing/Advertising/Promotional Material 331,521 51,097 18,719 14,652 31,039 8,501 21,445 12,067 18,521 28,153 38,944 29,874 38,939

Office Supplies & Other Related Expense - - - - - - - - - - - - -

Charitable Donations (Passes ONLY) - - - - - - - - - - - - -

Postage & Shipping 10,000 445 153 376 - 793 80 82 373 - 354 107 33

Printing 150,000 6,778 5,976 20,938 4,612 3,784 14,905 12,094 14,470 21,886 37,934 1,628 6,084

Board/Committee 10,000 - - - - 120 - 34 13 - - - -

Transit Academy 3,000 - - - 38 16 16 16 16 - - - -

Tickets & Transfers - 46 1,012 - 90 92 - - 0 4,462 1,480 2,106 764

Office Equipment - Lease & Rental 35,000 1,039 1,038 828 828 1,038 8,028 1,038 412 412 412 622 372

Admin Misc: Fines, Taxes, etc. 73,000 15,858 7,589 2,252 5,218 3,714 5,010 4,344 2,812 2,692 (211) 7,388 796

Banking Fees 34,100 272 142 111 54 188 319 187 92 167 139 1,328 1,822

Payroll Processing Fees 4,680 229 327 274 269 270 278 262 102 360 247 1,001 519

Federal Expense: Staff Training & Development 59,100 (67) 9,605 12,793 1,904 150 3,421 2,178 369 565 823 1,576 199

Contractor-Fixed Route 18,290,969 1,532,434 1,096,114 1,208,769 1,218,744 1,218,196 1,166,443 1,186,222 1,118,943 1,325,999 1,188,543 1,147,838 1,177,260

Contractor-DART 3,953,852 321,159 260,090 254,215 237,874 227,058 232,195 244,357 248,441 266,190 263,994 263,035 273,308

Contractor-Spcl Svc/Svc Enhancements 604,912 1,569 1,899 2,309 2,489 3,127 2,747 4,042 10,358 18,062 27,107 (22,217) 30,901

Contractor- Rural Expenses 5311 - - - - - - - - - - - - -

Propane Fuel 900,000 27,248 32,551 31,250 32,831 28,137 28,564 29,489 34,047 41,396 35,304 34,933 42,895

Diesel & Vehicle Fuel 751,083 58,842 58,312 55,201 56,523 60,217 55,361 72,491 79,979 85,794 92,029 99,124 70,740

OPT: SMTF Expenses 1,017,210 - - - - - - - - - - - -

Facility Related Repairs & Maintenance Expense 445,000 32,157 20,931 35,388 18,008 16,958 18,517 34,888 23,518 23,739 36,415 34,017 29,954

Federal Expense: ADP Software ACQ & Maint 457,161 22,773 174,421 25,794 30,549 30,673 55,379 3,499 86,110 592,996 10,861 60,526 108,083

Federal Expense: ADP Hardware ACQ & Maint 1,174,000 4,765 153,409 6,758 7,915 11,880 5,249 5,889 1,777 672,160 497 1,497 137,174

Federal Expense: 3rd Party Contractual (Website) 18,750 - - - - - 200 - - - - (200) -

Federal Expense: APC 498,796 - - - - - - - - - 6,882 - -

Federal Expense: Safety & Security 980,830 80,402 63,316 56,326 57,879 59,242 60,978 56,308 50,323 61,460 53,958 56,317 55,773

Federal Expense: Van Pool Ops 120,000 5,500 5,806 6,133 6,483 6,500 6,500 6,500 6,000 6,452 6,983 6,774 6,600

Federal Expense: Bike Program 200,000 - - - - - - 5,833 5,833 5,833 40,833 5,833 5,833

Federal Expense: 5310 122,000 5,964 5,964 5,964 5,964 5,964 5,964 5,964 6,044 6,432 6,114 30,955 43,800

Insurance - Vehicle 92,660 7,722 7,722 817 478 478 478 478 478 478 478 478 478

Insurance - Facility 29,500 1,783 1,783 2,078 2,078 2,078 2,078 2,078 2,078 2,078 2,078 2,078 2,078

Insurance-Tort Liability 35,000 1,259 1,259 2,220 2,221 2,221 2,221 2,221 2,221 2,221 2,221 2,221 2,221


18 of 22




Cash Available 15,427,520$ 13,811,789$ 13,212,466$ 12,361,224$ 14,891,288$ 15,958,349$ 15,999,805$ 15,147,877$ 14,978,258$ 15,689,853$ 15,101,382$ 16,848,169$



Xfer of Funds

Ending Balance 12,183,258$ 11,171,420$ 10,726,982$ 10,007,267$ 12,676,007$ 13,717,338$ 13,703,812$ 12,680,754$ 11,256,327$ 13,027,207$ 12,371,742$ 14,288,797$

Annual Budgeted

Amount 7/31/2020 8/31/2020 9/30/2020 10/31/2020 11/30/2020 12/31/2020 1/31/2021 2/28/2021 3/31/2021 4/30/2021 5/31/2021 6/30/2021



Insurance-Officers & Directors 15,000 641 641 641 641 641 641 692 641 641 641 641 641

Professional Contract Services 1,675,026 118,075 87,804 70,043 121,426 57,324 96,877 125,978 125,130 119,714 131,530 114,852 78,569

Fare Collection Service & Supplies 3,400 (818) 272 272 853 890 853 899 853 879 891 611 891

Natural Gas 16,800 27 18 19 734 834 1,293 1,970 1,437 940 942 601 83

Electric 132,000 8,942 8,033 8,316 8,331 9,054 8,514 9,420 8,673 8,266 7,830 8,425 8,125

Water & Sewer 30,000 1,640 1,773 2,579 2,510 2,442 2,009 2,052 2,914 2,481 3,201 2,312 2,182

Telecommunications 124,500 9,886 9,742 9,555 10,065 11,950 13,410 12,189 11,723 12,159 12,103 11,818 12,492

Federal Expense: Preventative Maint (PM) 405,275 4,539 4,407 1,141 32,410 15,940 3,678 13,670 2,840 5,784 4,751 310,926 46,414

Furniture, Fixtures, & Equipment < $5000 60,000 35,607 16,194 1,869 (15,544) 517 9,106 7,910 12 997 984 - -

Federal Expense: Shelter & Accessories ACQ/Install 3,821,958 234,302 225,555 247,897 87,963 44,358 6,600 48,140 217,254 7,533 170,728 9,404 -

Federal Expense: Cap EX (Non PM) - - - - - - - - - - - - -

Federal Expense: Capital (Non PM) 1,221,140 284,290 (12,338) 13,417 4,861 (932) 4,025 (144) 1,043 2,370 74,909 92,212 1,072

Interest Expense 1,620 151 148 145 142 139 136 133 129 126 123 120 117

Depreciation Expense - 252,047 254,800 254,889 256,697 260,870 261,313 263,305 263,466 263,899 264,041 264,357 264,357

Total Expenses: 39,425,424 3,244,263 2,640,369 2,485,484 2,353,957 2,215,281 2,241,011 2,295,992 2,467,123 3,721,931 2,662,646 2,729,640 2,559,372

Add Back: Depreciation Expense - 252,047 254,800 254,889 256,697 260,870 261,313 263,305 263,466 263,899 264,041 264,357 264,357

Net Income From Operations: (2,433,214) (1,363,038) (757,038) (189,549) (463,017) 2,929,609 1,302,644 249,780 (759,593) (1,160,528) 2,034,921 (391,108) 2,181,413


19 of 22

Diesel Propane

FY 2021 YTDJuly 2020 - June 2021

Budgeted Cost Per Gallon 2.05$ 1.87$ Average Price per Gallon 1.90$ 1.44$ Net Gallons Purchased 444,059 274,389 Total Cost 844,611.67$ 394,076.21$

Total Savings per Gallon Average ($) 0.15$ 0.43$ Total Savings This Budget Period Average 64,852.41$ 119,144.78$

FY 2020 YTD July 2019 - Jun 2020

Budgeted Cost Per Gallon 2.42$ 2.17$ Average Price per Gallon 1.91$ 1.75$ Net Gallons Purchased 434,518 332,245 Total Cost 831,704.90$ 580,779.90$

Total Savings per Gallon Average ($) 0.51$ 0.42$ Total Savings This Budget Period Average 220,309.87$ 140,195.84$

Jun-21

MONTHLY FUEL GAUGE REPORT

20 of 22

Diesel Propane Diesel PropaneFY 2021 YTD 1.90$ 1.44$ FY 2021 YTD 844,611.67$ 394,076.21$

FY 2020 YTD 1.91$ 1.75$ FY 2020 YTD 831,704.90$ 580,779.90$

Diesel PropaneFY 2021 YTD 444,059 274,389

FY 2020 YTD 434,518 332,245

$‐

$0.50

$1.00

$1.50

$2.00

$2.50

Diesel Propane

Average Price Per Gallon

FY 2021 YTD

FY 2020 YTD

‐

100,000

200,000

300,000

400,000

500,000

Diesel Propane

Net Gallons Purchased

FY 2021 YTD

FY 2020 YTD

$‐ $200,000.00 $400,000.00 $600,000.00 $800,000.00

$1,000,000.00

Diesel Propane

Total Fuel Cost

FY 2021 YTD

FY 2020 YTD

21 of 22

Agenda Item #6 M/DBE Tracking

July 1, 2020 - July 31, 2021

Vendor Name Service Description

The COMET Paid

Vendor YTD

Amount DBE

Paid YTD**

M/DBE

Requirement

Percentag

e of Goal

Achieved

Vendors Paid - Contracts with

M/DBE Goal 1 A James Global Services Landscaping 38,450.37$ 38,450.37$ 100% 100%

# M/DBEs Paid 2 AOS Specialty Bus Stop Amenities 1,404,863.70$ 1,404,863.70$ 100% 100%

M/DBE Goal Percentage

Achieved 3 Able South Carolina Certification/Mobility

Management $ 135,957.12 $ 2,900.00 2% 2%

# Vendors with M/DBE Goal 4 Amerigas Propane Fuel $ 530,568.22 $ 9,360.00 2% 2%

5Apollo Video/Luminator

Tech Bus Security Cameras $ 34,163.59 $ - 10% 0%

6 B & C Associates Janitorial 47,006.50$ $ 47,006.50 100% 100%

7Brownstone Construction

Group (MBE)Architectural &

Engineering $ 386,901.35 $ 358,058.85 2% 93%

8 Burr Furman McNair Legal Services $ 388,432.00 $ 73,730.00 2% 19%

9 Capital Building Services Janitorial/Landscaping $ 116,854.61 $ 116,854.61 100% 100%

10 Chernoff Newman PR/Website $ 55,418.75 $ 4,050.00 2% 7%

11 CR Jackson Inc Parking Lot Repair $ 644,178.30 $ 73,340.00 5% 11%

12 Flock and Rally Marketing $ 336,364.50 $ 336,364.50 100% 100%

13 IT1 Solutions IT $ 115,501.00 $ - 2% 0%

14 New Age Protection Security $ 261,933.80 $ 261,933.80 100% 100%

15 RATP Dev*Fixed Route/Paratransit

Oper $ 11,802,128.52 $ 2,991,211.99 20.06% 25%

16 RLS & Associates Safety Plan $ 8,316.56 $ 8,316.56 100% 100%

17 Strategic Mapping ITS $ 1,703,422.00 $ 91,950.00 7% 5%

18 The LeFlore Group Procurement Assist $ 22,415.34 $ 22,415.34 100% 100%

19 Tolar Manufacturing Bus Shelters $ 532,158.00 $ 11,948.00 2% 2%

20

Transit Mgmt Oversight &

Solutions Triennial Review Prep $ 17,014.92 $ 17,014.92 100% 100%

21 Walker White HVAC Replacement $ 360,770.00 $ 34,848.00 12% 10%

18,942,819.15$ $ 5,904,617.14 25% 31.2%

*Payments paid by The COMET to RATP Dev

thru June 2021

Total Payments

Month Summary

(as of July 31, 2021)

$ 18,942,819.15

$ 5,904,617.14

31.2%

21

Note: Data reviewed from The COMET's

Financial Roster from July 2020-July 2021

22 of 22

Documents

Central Midlands Regional Transit Authority FINANCE