Recent activity at Central New York Regional Transportation Authority
Meetings, budgets, and plans from this organization.
Oct 23, 2026·Board meeting
Board Board Meeting
The meeting featured an investment performance update concerning various pension funds, including non-salary and salary defined benefit (DB) plans, as well as the Utica plan. The discussion focused on third-quarter asset allocation, the impact of market volatility, inflation, and rising bond yields on portfolio stability. Presenters reviewed long-term compounded returns, compared performance against benchmark indices, and highlighted the role of diversification in managing risk within the pension portfolios.
Sep 25, 2026
Enterprise
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The Central New York Regional Transportation Authority Board Meeting
The board meeting covered several key operational and financial topics, including the recognition of a retiring bus operator and various community engagement activities. Operational reports were presented, covering the recent success of the New York State Fair, updates on MOUs, the completion of the HUB LED project, and progress on infrastructure and HR initiatives. The Audit and Finance Committee reported on the authority's favorable financial performance relative to the budget. The board approved resolutions regarding the renewal of property insurance, the awarding of contracts for third-party dental administration, virtual infrastructure software, virtualization storage upgrades, and bulk diesel fuel. Updates were also provided on capital programs, ongoing grant management, and the overall status of infrastructure projects.
Aug 28, 2026·Board meeting
Central New York Regional Transportation Authority Board Meeting Minutes
The Board received reports from the Chief Executive Officer detailing recent community engagement initiatives, including support for back-to-school events and local transportation partnerships. The meeting included the approval of several equity analysis reports regarding fare and service modifications for the Cortland system and the Better Bus Onondaga redesign. Several procurement resolutions were passed, authorizing contracts for software licensing, bulk engine oil purchases, tire leasing, and lift-equipped vehicle services. Additionally, the Board authorized the purchase of new supervisory vehicles and the formal acceptance of a historic bus gift.
Jul 31, 2026·Board meeting
Board Board Meeting
The meeting featured a presentation from Allesco regarding the management of pension plans, with a focus on asset allocation and managing risk in institutional portfolios. Key discussions included the importance of diversifying portfolios across different asset classes, such as equities, bonds, and real return assets, to achieve long-term liability matching. The speaker addressed the performance of the pension plans, noting significant gains for the quarter and the year, while emphasizing the role of corporate earnings growth in driving market performance. Additionally, there was a review of market risks, including inflation, and the impact of the artificial intelligence infrastructure buildout on global markets.
