Financial Sustainability

Financial Sustainability

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.

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Smart Objectives

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