Fate of Public Transit Funding Dependent on House/Senate Conference Committee In spite of the successful efforts of local State Representative Mark Schneider to increase the amount of public transit general revenue funds (GRF) in the State’s Biennial Budget (known as House Bill 1) while in the Senate, that increase was not only eliminated, but further […]
Laketran News
Malecek Elected to Lead Laketran Board of Trustees
The Laketran Board of Trustees elected Kevin Malecek as President and John Redmond as Vice-President for the remainder of 2009. The special election was held at the May Board of Trustees meeting as the term for Terrell Dillard, who was serving as President, expired on May 15, 2009. “I’m honored to have been chosen […]
Ohio Senate Weighs Funding for Transit
Laketran General Manager Ray Jurkowski and Trustee McNamee will testify before the Ohio Senate for approval of an amended House Bill 1 that proposes a $6 million increase for public transportation in the 2010-2011 State Budget. Ohio Senate Weighs Funding for Transit Testimony of General Manager Ray Jurkowskibefore the Ohio Senate Finance and Financial Institutions […]
Laketran Board Approves Financial Recovery Plan
Published: Tuesday, May 12, 2009 The Laketran Board of Trustees approved a financial recovery plan for the agency at their May 11, 2009 meeting. The 2009-1010 plan was adopted to close the gap on an expected $5.7 million deficit. The recovery plan includes $1 million in reduction of departmental/personnel expenses; $1.5 million in reduction […]
Commuter Transit Benefits Increased to $230 per Month
Under the American Recovery and Reinvestment Act (ARRA), the monthly tax exclusion for employer-provided commuter highway vehicle transportation and transit pass benefits increased to $230, effective from March through December 2009. Employees may exclude from income $230 per month in transit benefits and $230 per month in parking benefits –– up to a maximum […]
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