Patricia A. Nisco

The board discussed financial and operational reports covering bridge traffic, airport activity, port operations, and economic development, including building occupancy and grant status. The meeting included the approval of several lease agreements, specifically for office and warehouse space, as well as an agricultural land lease at the port. Additionally, the board approved the employment agreement for the Executive Director.

The board discussed and authorized the acceptance of an investigative report concerning a whistleblower complaint regarding the authority. Financial updates were provided, including an overview of the statement of financial position, budget to actual performance, and adjustments to fee structures. The board also received a bridge traffic report highlighting an increase in auto traffic despite an overall decline in traffic volume since the baseline year, and addressed the status of surplus property disposal.

The Board of Directors reviewed the financial position, including accounts receivable and payable updates related to the airport revitalization project and other facility construction. The discussion also covered revenue performance, budget variances in expenses such as bridge maintenance and interest costs, and upcoming audit schedules. Additionally, the Board examined traffic data and economic development reports, noting a decline in truck traffic and plans for future projects, including the construction of a new childcare facility with support from a state grant.

The board discussed financial updates including accounts receivable and project accounts payable status, bridge traffic volume, and airport enplanement data. Reports on airport events, port facility maintenance, and ongoing economic development initiatives were provided. Formal actions included the authorization of a new executive director for banking and vendor transactions, approval for roof repairs at the administrative building, and the renewal of an annual HVAC service agreement for the border station. Additionally, the board approved a limited advisory consulting agreement for the former executive director.

The meeting included an audit presentation for the fiscal year ending March 31, 2025, resulting in a clean opinion on financial statements, internal controls, and state investment compliance. The Board discussed personnel updates, including new hires, and reviewed traffic report data, noting significant declines in crossings compared to previous years. Additionally, the Board reviewed airport activity, highlighting healthy flight completion rates and the successful implementation of new ticketing procedures.