group of people in budget meeting

Annual Budgets and 5-Year Forecasts

The annual budgets are prepared through a collaborative process with the agency's senior management and the Board of Directors providing strategic direction to deliver a fiscally prudent, balanced budget. The annual budgets are adopted by the Board of Directors before the start of each fiscal year.

Comprehensive Annual Financial Reports

State statute requires that the Valley Metro Regional Public Transportation Authority issue a report on its financial position and activity, and that this report be audited by an independent firm of certified public accountants.

Single Audit Reports

The Single Audit Reports for the Valley Metro Regional Public Transportation Authority and Valley Metro Rail, Inc. are annual publications that provide information about the expenditures of Federal awards. The reports include the Auditor’s reports on internal control and compliance as well as findings and questioned costs relating to financial statements and Federal programs.