FINANCIAL SUSTAINABILITY

RFTA will ensure cost-effective and responsible use of funding, maintain and monitor its short-term and five-year long-term financial forecasts, and seek funding partnerships and revenue diversification.

SMART OBJECTIVES

4.1 – Ensure fiscal integrity
4.2 – Develop and maintain a capital planning and prioritization process, while also reviewing and updating RFTA’s financial policies.
4.3 – Preserve financial sustainability and develop, improve and maintain a balanced
long-range budget and financial forecast
4.4 – Pursue financing opportunities to 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