1595-6370

1595-6370 Commonwealth Transportation Fund Transfer to RTAs

For an operating transfer to the regional transit authorities organized under chapter 161B of the General Laws, or any prior laws, under clause (2) of subsection (d) of section 2ZZZ of chapter 29 of the General Laws; provided, that not later than January 4, 2021, each regional transit authority receiving assistance under this item shall deliver a copy of its most recent audited financial statement to the chief financial officer of the Massachusetts Department of Transportation, the secretary of administration and finance, the treasurer of the commonwealth, the comptroller of the commonwealth, the house and senate committees on ways and means, and the joint committee on transportation; and provided further, that in the distribution of performance grants, prioritization shall be given to a regional transit authority whose contract assistance under section 23 of chapter 161B is less than 50 per cent of the net cost of service of the regional transit authority

Commonwealth Transportation Fund

...............

100%

Vetoed by the Governor

Governor's veto explanation: RTAs received substantial federal funding as part of the CARES Act and are expected to end FY21 with significant cash reserves.

Overridden by the Legislature

Budget Tracking

90,500,000

94,000,000

(3,500,000)

+3,500,000

94,000,000

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Historical Budget

80,400,000

88,000,000

90,500,000

94,000,000

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Spending Categories

Operating Expenses

82,000,000

80,400,000

88,000,000

90,500,000

Grants & Subsidies

90,500,000

3,500,000

Total

82,000,000

80,400,000

88,000,000

90,500,000

94,000,000

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