It's no secret that there's been lots of adversity in the transit finance world over the last few years. Agencies are still feeling the effects of ridership reduction and policy changes brought about by the pandemic. As CFO, Mark Schofield has helped to bring success and financial foresight to VRE. Get an inside look at what you can do to take transit finance to new heights from this insightful session!
Learn how agile financial planning and analysis is used to combat these ridership reductions, even when recovery figures don't meet their expected timelines. Schofield shows us how instrumental Synario can be for board credibility, it's ability to quickly supply data and visuals by adjusting figures and assumptions on the fly, and finally the part it can play in financial reporting and even lobbying for funding.
Mark is joined by Scott Carlson, Senior Managing Consultant at PFM – who gives us industry-wide insight regarding the future of ridership, the financial planning challenges all agencies will face going forward, and the impact of farebox and relief funds on the future of transit finance.