Bus

Santa Clara, Calif. transit agency honored for budget

Posted on March 31, 2010

The Santa Clara Valley Transportation Authority (VTA) is receiving the Distinguished Budget Presentation Award, as presented by the Government Finance Officers Association (GFOA).

 

The award notes the excellence of VTA’s fiscal year 2010-2011 budget as a policy document, a financial plan, an operations guide and a communications device.

 

“A top quality budget is essential if citizens are to be full participants in the budgetary process. Better budget documents contribute to better decision making and enhanced accountability” said Sam Liccardo, San Jose City Council Member and VTA Board of Directors Chairperson. “This award shows that VTA is being recognized on the national level as a financially prudent manager of public transportation services in Santa Clara County.”

 

In order for an organization to receive this award, the GFOA requires that multiple mandatory criteria need to be met. In the letter to VTA announcing the award, the GFOA noted the award represents a significant achievement and reflects the commitment of the organization and its staff to meet the highest principles of governmental budgeting.

 

The letter also says the GFOA considers recipients of the Distinguished Budget Presentation Award to have pioneered efforts to improve the quality of budgeting and provide an excellent example for other state and local governments throughout North America.

View comments or post a comment on this story. (0 Comments)

More News

REI receives New Flyer's gold 'Supplier' award

The company was recognized for exceeding delivery expectations for the fourth year in a row.

Luxury bus Leap Transit shut down for operating illegally

The startup was recently granted what’s known as the “authority to operate” — a precursor to an official license. But by driving its route between the Marina district and the Financial District without a license, regulators determined that Leap was breaking the law, according to SFGate.

New York MTA bus ridership down

Tens of thousands have been ditching the bus in Brooklyn and Manhattan, while there were modest gains on Bronx and Staten Island routes; Queens had a small decline in ridership, according to the MTA figures. The decline is attributed to traffic congestion and fare hikes.

DC Circulator set to intro new diesel-electric buses

In addition to being more energy efficient, the new buses will have better air conditioning and USB ports for riders to charge their phones.

Investing in bus systems may yield return for workforce and employers

The researchers found an increase in bus systems’ per capita operating expenditures is associated with a decrease in employee turnover. In turn, businesses save money by not having to train new workers or rebuild institutional knowledge within the firm.

See More News

Post a Comment

Post Comment

Comments (0)

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment

TruckingInfo.com

THE COMMERCIAL TRUCK INDUSTRY’S MOST IN-DEPTH INFORMATION SOURCE

Work Truck Magazine

The resource for managers of class 1-7 truck Fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close