RFTA will ensure cost effective and responsible use of funding, maintain and monitor its short-term and long-term financial forecasts, seek funding partnerships and diversification of revenues.
4.1 – Ensure accurate budgeting and accounting
4.2 – Develop a capital planning prioritization process
4.3 – Preserve financial sustainability and maintain a structurally balanced long-range budget
4.4 – Pursue financing opportunities to deliver better service and complete future capital projects
4.5 – Optimize RFTA services and expenditures for more efficiency and/or costs savings
4.6 – Promote fair and open competition in contracting opportunities to ensure fair and reasonable pricing.
4.7 – Monitor, evaluate and present new revenue sources