NY Pub Auth L § 1305-A (2021)
2021 New York Laws PBA - Public Authorities Article 5 - Public Utility Authorities Title 11-C - Capital District Transportation Authority 1305-A - Filing Five Year Performance, Capital and Operating Finance Plans.

§  1305-a. Filing five year performance, capital and operating finance plans. 1. (a) On or before October first, nineteen hundred  ninety-four, and  annually  thereafter  on or before April first, the authority shall adopt  an  operational  performance  plan  for  the   five-year   period commencing  April first. The plan shall set operational performance plan goals and  objectives,  including  but  not  limited  to  ridership  and passenger  revenue  goals and objectives for the period, for fixed route bus operations, and shall establish performance  indicators  to  measure standards  of  service  and operations. The performance indicators shall include: revenue passengers, total passengers,  revenue  vehicle  miles, revenue  vehicle  hours, number of employees by department, vehicle mean distance  between  failures,  on-time  performance  for  total   service provided,  the cost per passenger, the cost per revenue vehicle mile and the operating-revenue-to-cost ratio.  (b) Quarterly reports shall  be  prepared  for  authority  members  on operating  performance  of  fixed  route  bus operations. The first such report shall  cover  the  three-month  period  commencing  April  first, nineteen hundred ninety-five and shall be submitted no later than thirty days  after  the end of the quarter. Thereafter, quarterly reports shall be submitted on the last day of October, January,  April,  and  July  of each  year.  The report shall compare the performance indicators for the most recent quarter and the year-to-date performance indicators with the same time period in the previous year with the annual goals  established pursuant to this subdivision.   2.  (a)  On or before October first, nineteen hundred ninety-four, and annually thereafter on or before April first, the authority shall  adopt a  capital program plan for the five-year period commencing April first. The plan shall contain the capital program, separately itemized, by  the following  functions: regular fixed route bus service, demand responsive bus service, and any aviation facilities and any marine  facilities  for which it currently has or shall assume responsibility.  (b)  The  plan  shall set goals and objectives by function for capital spending, establish standards for service and operation,  describe  each capital project to be initiated in each of the years covered by the plan and  explain how each proposed project supports the goals and objectives and the service and operational standards established in the performance plan.  The  plan  shall  list  separately  by  function  those  projects contributing  to  the maintenance of the system infrastructure and those intended to enhance the system. The plan shall also include an estimated cost for each project and set forth an estimate of the amount of capital funding required for each year of the plan and the expected  sources  of such  funding.  It  shall  also  include  a  project  schedule  for  the initiation and completion of each project. Each plan subsequent  to  the first  such  plan  shall  describe  the  current  status of each capital project which has a total estimated cost of one hundred thousand dollars or more and which was included in the previously adopted plan.  (c) In addition to the annual update, a quarterly capital plan  status report shall be provided to the authority members and shall include, but not  be  limited  to, a description of any material change in the scope, cost, funding or time of initiation or completion of a project which has a total estimated cost of one  hundred  thousand  dollars  or  more,  as adopted  in  the plan. The first such report shall cover the three-month period commencing April first, nineteen hundred ninety-five and shall be submitted no later than thirty  days  after  the  end  of  the  quarter. Thereafter,  quarterly  reports  shall  be  submitted on the last day of October, January, April, and July of each year.   3. (a) On or before October first, nineteen hundred  ninety-four,  and annually  thereafter on or before April first, the authority shall adopt  an operating finance plan for  the  five-year  period  commencing  April first.  The  plan  shall include the annual estimated operating cost for the  following  authority  functions:  fixed  bus   operations,   demand responsive  bus  operations,  and any aviation facilities and any marine facilities for which it currently has, or shall  assume  responsibility. The plan shall include the proposed method of financing for the level of service  defined  for each year of the plan and shall fully allocate the authority's general costs to each of the above separate  functions.  The plan   shall  provide  a  narrative  describing  the  overall  financial condition of the operating budget of the authority.  (b) In addition to  the  annual  update,  quarterly  operating  budget reports  shall  be  prepared  for the authority members on the financial condition of each of the authority's functions. The  first  such  report shall  cover  the  three-month  period  commencing April first, nineteen hundred ninety-five and shall be submitted no  later  than  thirty  days after  the  end  of  the quarter. Thereafter, quarterly reports shall be submitted on the last day of October, January, April, and July  of  each year.  The  reports  shall  include  a  budgetary comparison of the most recent quarter and year-to-date actual revenue and expenditures with the same time period in the previous year and with the projections for  that time  period based on the board approved budget. The reporting for fixed route bus operations shall be separate from  the  reporting  for  demand responsive bus service.   4.  Any and all reports, including interim reports, shall be submitted to the director of the division  of  the  budget,  the  commissioner  of transportation  and  the chief executive officers of Albany, Rensselaer, Saratoga, and Schenectady counties, the county legislatures  of  Albany, Rensselaer,  Saratoga, and Schenectady counties, the temporary president of the senate, the speaker of the  assembly,  the  chairpersons  of  the senate  finance committee and the assembly ways and means committee, and the chairpersons of the senate and assembly transportation committees.