JACKSONVILLE, Fla. — Four Jacksonville city council committees have greenlit a proposal to help the Jacksonville Transportation Authority pay off its debt.
Starting Monday in the Neighborhoods, Community Services, Public Health and Safety Committee, the JTA CEO and CFO led a budget presentation. CFO Randall Barnes provided some insight on what went wrong with JTA’s budget.
“The fiscal year 26 budget was flawed. There were optimistic revenue projections and unsupported costs to provide service levels,” CFO Randall Barnes said…