CALENDAR

Events in March 2026

  • Operating Budget Oversight Committee

    Operating Budget Oversight Committee

    –
    March 2, 2026

    Agenda to come...

  • Budget & Audit Committee

    Budget & Audit Committee

    –
    March 23, 2026

    AGENDA
    MBTA ADVISORY BOARD
    BUDGET & AUDIT COMMITTEE
    March 23, 2026
    11:00 AM – 12:00 PM
    https://us02web.zoom.us/j/81258209848?pwd=C1jWaPUczsquUzZ3NyvEjN4bb3ItbZ.1
    Meeting ID: 812 5820 9848
    Passcode: 807253

    A. Call to order & Roll Call: Colette Aufranc (Wellesley) – Chair
    B. Public Comment.
    C. Minutes: Discussion and action on the minutes of the 12/08/2024 committee meeting minutes.
    D. Financial Update:
    1. Budget v Actual for the period 1/1/2025 - 11/30/2025.
    2. Monthly reconciliation report update.
    3. Projected 2025 surplus and cash reserves
    4. Reserve Policy review
    E. 2026 Draft Internal Budget Review: Discussion and possible action to approve the draft 2026 Internal Budget.
    F. Old Business: CY2022, and/or CY2023 audit/review discussion.
    G. New Business:
    1. Update on procurement of an independent accounting entity to
    conduct an audit/review of the organization’s financials for the
    period 01/01/2024-12/31/2024 and 01/01/2025-12/31/2025.
    H. Upcoming Meetings: Full MBTA Advisory Board meeting March 24 10AM via zoom.
    I. Adjourn: Chair

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  • MBTA Advisory Board (FULL BOARD)

    MBTA Advisory Board (FULL BOARD)

    –
    March 24, 2026

    MBTA ADVISORY BOARD
    March 24, 2026
    10:00 AM – 11:00 AM
    Join Zoom Meeting: https://us02web.zoom.us/j/87633753890?pwd=nfBK4oWcWXCcB4gyfR1dOhv80L4spn.1
    Meeting ID: 876 3375 3890 Passcode: 352952

    A. Call To Order: Mayor Breanna Lungo-Koehn, Medford– Chair

    B. Jeffrey S. Shapiro, Inspector General: IG Shapiro is the fifth Inspector General of the Commonwealth, taking office in 2023. In that time, the Office of Inspector General has spearheaded investigations into many MBTA and transportation-related matters, including MBTA privatized police dispatch, Highway Service Plazas, Commuter Rail Fare Collection, and in numerous other areas. IG Shapiro’s remarks will focus on lessons learned from these transportation related investigations, his experiences visiting numerous Massachusetts municipalities, and suggestions for how organizations such as the MBTA Advisory Board can improve their oversight role. [10AM-10:30AM]

    C. Minutes: Discussion and action on the minutes of the December 16, 2025 meeting.

    D. State Retirement System: Discussion and action to accept the provisions of sections 1 through 28 inclusive of the Massachusetts General Lawes Chapter 32 and to authorize the Executive Director to transmit proof of such to the Public Employee Retirement Administrative Commission.

    E. Reports of Committees

    F. Next Meeting: Tuesday, April 28, 2026, 10AM via Zoom.

    G. Adjourn: Chair

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