The bill pertains to the financial operations of the Greater Attleboro-Taunton Regional Transit Authority (GATRA) and includes a detailed audit report for the fiscal year ending June 30, 2024. The report, prepared by Hague, Sahady & Co., P.C., confirms that the financial statements of GATRA were audited in accordance with generally accepted auditing standards, resulting in an unmodified opinion. The supplementary information provided includes a Statement of Income and Calculation of MBTA Share of Income, which outlines the revenue generated from parking lot income and other sources, as well as the associated costs and expenses.
Key financial figures from the report indicate total revenue of $873,394, with total costs and expenses amounting to $655,028, leading to a net income before management fees of $218,366. The MBTA's share of income is calculated based on total revenue and expenses, resulting in a share of $76,432, which represents 50% of the excess income. Notable insertions in the bill include the specific fiscal year referenced, the total costs and expenses, and the MBTA share percentage, which are critical for understanding the financial distribution and obligations of GATRA.