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NOTICE OF PUBLIC HEARING AND MEETING

Notice is hereby given that the Greater Hartford Transit District (the "District") will hold a PUBLIC
HEARING AND MEETING on Thursday, January 3, 2008 at 6:00 p.m. in the Multipurpose Room of the District's Offices, One Union Place, Hartford, Connecticut, to consider the Proposed Final Budget for Fiscal Year 2007 and Proposed Budget for Fiscal Year 2008 as follows:
ADOPTED REVISED ADOPTED REVISED
HARTFORD, CONNECTICUT FY 07 FY 07 FY 08 FY 08
BUDGET BUDGET BUDGET BUDGET
A. SPECIAL REVENUE FUNDS
I. REVENUE
407 Fares
     .01 Non ADA Transportation 0 0 0 0
     .02 ADA 250000 326242 300000 300000
413 Grant Account
     .01 FTA Grants 4404116 4276240 3822438 3822438
     .02 State Grants 10462802 10234846 10168540 10168540
     .03 Local Match 1744418 1940949 1642792 1642792
     .04 GHTD Match 0 0 0 0
0
414 Receivables 0 0 0 0
TOTAL REVENUE 16861336 16778277 15933770 15933770
II. EXPENSES
503 Professional Services 229250 214724 196000 196000
510 Administration 1045217 1121312 1047278 939962
513 FTA/State/GHTD Transp. Projects 15586869 15465248 14675743 14675743
0
16861336 16801284 15919020 15811705
REVENUE OVER EXPENSE 0 (23007) 14750 122066
B. GENERAL FUND
I. REVENUE
305 Prior Unrestricted Surplus 0 0 0 0
407 Non-Transportation Revenue 0
     .04 Investment Income 30000 42671 25000 25000
     .99 Member Town Contributions 40111 40111 40111 40111
440 Miscellaneous Receipts 0
     .01 Incidental Charter/Vehicle Sales 80000 39858 65000 65000
     .99 Other 0 0
TOTAL REVENUE 150111 122640 130111 130111
II. EXPENSES
503 Professional Services 0 1899 0 0
508 Charter Bus Maintenance 56000 0 40000 40000
510 Administration 27600 9814 5300 5300
513 Property Acquisition 0 10493 0 0
514 USTC and Special Fund Transfer 0 28850 0 0
515 Contingency Reserve 33915 0 0 0
0
TOTAL EXPENSES 117515 51056 45300 45300
III. REVENUE OVER EXPENSES 32596 71584 84811 84811
ADOPTED REVISED ADOPTED REVISED
FY 07 FY 07 FY 08 FY 08
BUDGET BUDGET BUDGET BUDGET
C. PARKING LOT ENTERPRISE FUND
I. REVENUE
407 Parking Fees 340000 269360 310000 310000
408 Sales Tax Collected 20400 17547 17547
413 FTA/State Capital Grant 0 0 0 0
0
TOTAL REVENUE 360400 269360 327547 327547
0
II. EXPENSES 0
221 Bond Principal Reduction 25000 25860 23040 23040
503 Professional Services 220000 195634 200000 200000
507 Sales Tax 20400 17547 17547
510 Overhead 0
     .01 Direct 8700 12761 9125 9125
     .02 Administration 0 0 0 0
     .03 Interfund Transfer 0 0 0 0
511 Bond Interest 16000 15180 18000 18000
513 Capital Improvements 0 0 0 0
TOTAL EXPENSES 265100 249435 267712 267712
III. REVENUE OVER EXPENSES 95300 19925 59835 59835
D. TRANSPORTATION CENTER FUND - PUBLIC
I. REVENUE
407 Center Revenue
     .03 Rents 290000 294472 306636 306636
     .04 Concessions 30000 35949 12000 12000
440 Miscellaneous Income 0
     .01 South Parking Lot 2580 1865 2580 2580
     .02 Spruce Street Lot Transfer 0 0 0 0
     .03 Federal and State Grants 250000 199210 1000000 1000000
TOTAL REVENUE 572580 531496 1321216 1321216
II. EXPENSES
503 Professional Services 17500 22268 19500 19500
510 Overhead 190698 139968 127351 127351
513 Property Development/ 0 34173 680649 680649
                          Amortization
TOTAL EXPENSES 208198 196409 827500 827500
III. REVENUE OVER EXPENSES 364382 335087 493716 493716
ADOPTED REVISED ADOPTED REVISED
FY 07 FY 07 FY 08 FY 08
BUDGET BUDGET BUDGET BUDGET
E. TRANSPORTATION CENTER FUND - PRIVATE
I. REVENUE
407 Center Revenue
     .03 Rents 414000 347082 494992 387676
     .04 Incidental Income 10000 5000 0 0
440 Miscellaneous Income 0
     .02 GHTD Administrative Support 0 0 0 0
     .03 Federal and State Grants 0 330055 0 0
TOTAL REVENUE 424000 682137 494992 387676
II. EXPENSES
503 Professional Services 384500 362864 371460 371460
507 Real Estate Taxes 187100 187075 205800 186524
510 Overhead 355100 459127 460075 460075
513 Property Development/Amortization 0 3733 0 0
TOTAL EXPENSES 926700 1012799 1037335 1018059
III. REVENUE OVER EXPENSES -502700 -330662 -542343 -630383
ALL FUNDS REVENUE OVER EXPENSE -10422 72927 110769 130045
All persons from member towns - Bloomfield, East Hartford, East Windsor, Enfield, Farmington, Granby, Hartford, Manchester, Newington, Rocky Hill, Simsbury, South Windsor, Vernon, Wethersfield, West Hartford and Windsor will be heard in regard to any appropriation which they would like the District to accept, modify or reject.
Dated:  December 14, 2007            By: Vicki L. Shotland, Executive Director