Link


Social

Embed


Download

Download
Download Transcript

[00:00:03]

GOOD MORNING EVERYONE. I WOULD LIKE TO CALL TO ORDER THE OCTOBER 28TH MEETING OF THE BOARD OF DIRECTORS FOR NTTA.

[Board Meetings on October 28, 2026.]

AND THE FIRST ITEM ON THE AGENDA IS TO ESTABLISH A QUORUM.

DIRECTOR QUEZADA I'M HERE. DIRECTOR HEWLETT HERE.

VICE CHAIR KEMP HERE. DIRECTOR BAKER HERE, DIRECTOR KNIGHT HERE.

DOCTOR LEVINE HERE. AND I UNDERSTAND THERE'S NO ONE ON THE PHONE.

IS THAT CORRECT? ALL RIGHT. THANK YOU. NOW, PLEASE STAND FOR THE PLEDGE.

I PLEDGE ALLEGIANCE TO THE FLAG OF THE UNITED STATES OF AMERICA.

AND TO THE REPUBLIC FOR WHICH IT STANDS. ONE NATION UNDER GOD, INDIVISIBLE, WITH LIBERTY AND JUSTICE FOR ALL.

HONOR THE TEXAS FLAG. I PLEDGE ALLEGIANCE TO THEE.

TEXAS. ONE STATE UNDER GOD, ONE AND INDIVISIBLE.

THANK YOU ALL. THE NEXT ITEM IS PUBLIC COMMENTS NOT RELATED TO SPECIFIC AGENDA ITEM.

ARE THERE ANY PUBLIC COMMENTS? SEEING NONE, WE GO ON TO ITEM NUMBER FOUR WHICH IS THE AGENDA.

COMMENTS BY BOARD MEMBERS. ARE THERE ANY COMMENTS FROM THE BOARD REGARDING ANY OF THE AGENDA ITEMS? ALL RIGHT. HEARING NONE, WE MOVE ON TO ANY OTHER COMMENTS AND ANNOUNCEMENT NOT NECESSARILY RELATED TO AGENDA ITEM BY THE BOARD MEMBERS.

ALL RIGHT. I JUST WANT TO PERSONALLY SAY THAT I WANT TO APPRECIATE MY FELLOW BOARD MEMBERS TO ELECT ME AS THE CHAIR OF THIS GREAT ORGANIZATION, AND I HAVE A LOT OF BIG SHOES TO FILL.

STARTING WITH CHAIRMAN BARR, CHAIRMAN MICHALEK, CHAIRMAN KNIGHT AND GERMAN LEVINE.

SO I'M HOPING THAT WITH COOPERATION FROM MY COLLEAGUES ON THE BOARD, I'LL DO AT LEAST AS GOOD A JOB AS THEM.

SO ANYWAY, THANK YOU ALL AND LOOK FORWARD TO SERVING ALL OF YOU.

NEXT ITEM WE WANT TO TALK ABOUT THE AGENDA OCTOBER REPORT, WHICH ARE ON THE PACKAGE IN YOUR PACKAGE.

AND THE NEXT ONE IS APPROVAL OF THE MINUTES FROM SEPTEMBER 2026.

ARE THERE ANY CHANGES TO THE MEETING MINUTES? SEEING NONE, I WILL ENTERTAIN A MOTION. I HAVE A MOTION BY DIRECTOR KEMP FOR APPROVAL OF THE MINUTES.

IS THERE A SECOND? SECOND. THERE'S A SECOND BY DIRECTOR HEWLETT.

ALL IN FAVOR, SAY AYE. AYE. OPPOSED? SAME SIGN.

MOTION CARRIES. UNANIMOUSLY. THANK YOU. THE NEXT ITEM IS ITEM NUMBER.

CONSENT AGENDA, WHICH IS ITEM SEVEN THROUGH 12.

ARE THERE ANY ITEMS IN THE CONSENT AGENDA THAT ANY BOARD MEMBER WISHES TO PULL FOR SEPARATE DISCUSSIONS? ALL RIGHT. SEEING NONE, THEN I WILL ENTERTAIN A MOTION FOR THE CONSENT AGENDA.

ITEMS NUMBER SEVEN THROUGH 12. MOVE FOR APPROVAL, MR. CHAIR. ALL RIGHT. WE HAVE A MOTION BY DIRECTOR KNIGHT FOR APPROVAL.

IS THERE A SECOND? I'LL SECOND. SECOND BY DIRECTOR LEVINE AND DISCUSSION.

ALL IN FAVOR, SAY AYE. AYE. OPPOSED? SAME SIGN.

MOTION CARRIES. UNANIMOUSLY. THANK YOU. AND NOW WE GO TO ITEM NUMBER 13. YES. THANK YOU. AND THAT IS APPROVAL. APPROVAL OF THE FOLLOWING INTERLOCAL AGREEMENTS FOR LAW ENFORCEMENT SERVICES.

MR. HEMPHILL. GOOD MORNING. GOOD MORNING. OPPORTUNITY TO BE HERE TO DISCUSS THE LAW ENFORCEMENT AGREEMENTS TODAY.

IT'S A LITTLE BIT OF BACKGROUND. AS YOU MAY REMEMBER, DPS HAS BEEN WITH US FOR A LONG TIME.

HOWEVER, IN JUNE OF THIS YEAR, THEY DECIDED IT DIDN'T MEET THEIR MISSION ANYMORE TO SUPPORT US. AND THEREFORE, THEY LET US KNOW THAT ON AUGUST 31ST THEY WOULD NOT BE RENEWING THE AGREEMENT AND THEREFORE IT EXPIRED TODAY.

WE'RE HERE TO TALK ABOUT THE NEXT GENERATION OF LAW ENFORCEMENT ON NTA.

WE'VE BEEN WORKING WITH THE CITIES AROUND US TO GET INTERLOCAL AGREEMENTS TO PROVIDE AND EXECUTE LAW ENFORCEMENT SERVICES ON OUR ROADWAY.

TODAY, WE'RE CONSIDERING 16 OF THOSE AGREEMENTS, BUT I CAN TELL YOU THAT EVERY CITY ALONG OUR CORRIDOR IS ALREADY PROVIDING THESE SERVICES, AND WE'RE WORKING OUT THE ADDITIONAL AGREEMENTS WITH A DOZEN OTHER ENTITIES THAT ARE ALONG OUR SYSTEM, AND WE'LL BE BRINGING THOSE BACK AS WE GET THOSE AGREED TO.

THESE ARE TWO YEAR AGREEMENTS TO LET US FIGURE OUT IF WE'RE DOING THE RIGHT THING AT THE RIGHT TIME, IN THE RIGHT PLACE. THEY INCLUDE ROUTINE TRAFFIC ENFORCEMENT, LAW ENFORCEMENT ENTITIES. BUT THESE AGREEMENTS ALSO ALLOW US SIMILAR TO WHAT WE DID WITH TEXAS DPS TO DO STRATEGIC ENFORCEMENT.

IF WE WANT TO PARTNER WITH THE CITY TO DO COMMERCIAL MOTOR VEHICLE OR CLICK IT, OR TICKET CAMPAIGN AND STAFF UP AND BRING IN ADDITIONAL LAW ENFORCEMENT OFFICERS IN THEIR

[00:05:06]

CITY TO DO THOSE TYPE OF CAMPAIGNS. THESE AGREEMENTS ALSO ALLOW TO DO THAT.

THE PAYMENT IS BEING RETROACTIVE TO SEPTEMBER 1ST, WHICH IS THE DAY DPS ESSENTIALLY STOPPED AND STARTED THEIR TRANSITION AWAY FROM US.

THE COSTS DO INCLUDE ALL THE PERSONNEL, EQUIPMENT, VEHICLES OVERHEAD, AND IT IS PROPORTIONATE TO THE ROADWAY COVERAGE.

AS YOU'LL SEE IN THE AGREEMENT, SOME CITIES HAVE A LOT MORE THAN OTHERS.

BASICALLY, THE ADDITIONAL LANE MILES YOU HAVE ON OUR SYSTEM, THE MORE MONEY YOU WILL GET FOR PAYMENT FOR REIMBURSEMENT OF LAW ENFORCEMENT SERVICES.

SO WE ARE HERE TODAY TO DISCUSS THESE 16 AGREEMENTS.

THESE ARE THE TWO YEAR DOLLAR AMOUNTS. I WILL JUST PROPOSE THEM AS SHOWN INSTEAD OF READING ALL 16 OF THEM TO YOU.

BUT I'LL BE HAPPY TO ANSWER ANY QUESTIONS. ARE THERE ANY QUESTIONS FOR MR. HEMPHILL? NO, BUT MR. CHAIR, I JUST AS A POINT OF ORDER, WHEN IT COMES TO ITEM 13 F, I'M GOING TO BE RECUSING MYSELF AND ABSTAINING FROM THAT VOTE.

SO IF WE COULD TAKE 13 F SEPARATELY FROM THE REST OF THE CITIES, I WOULD APPRECIATE THAT.

ALL RIGHT. 13 F. OKAY. AND TO THAT END, THOUGH, THE RATE IS CONSISTENT ACROSS ALL INTERLOCAL AGREEMENTS.

YES, SIR. WE USE THE SAME BASE DOLLAR PER LANE MILE THAT WAS ESTIMATED FOR A FULLY LOADED OFFICER, INCLUDING EQUIPMENT, PERSONNEL, INSURANCE, ETC..

SO THE DIFFERENCE PURELY IS, IS THE THEIR BASICALLY THEIR SERVICE, THE NUMBER OF LANE MILES THEY HAVE ON OUR SYSTEM.

YES, SIR. GREAT. THANK YOU. JUST CONFIRMING. ALL RIGHT.

ANY OTHER QUESTIONS? YEAH. JUST A QUESTION. GOOD MORNING ERIC.

THANK YOU. SO FOR THE FOR THE AGENCIES THAT ARE NOT A PART OF THIS.

APPROVAL PROCESS. IS OUR IS OUR INTENT TO TO LAYER THEM IN ALSO WITH SIMILAR TWO YEAR AGREEMENTS? YES, SIR. WE ARE SO CLOSE WITH SOME OF THE OTHER CITIES. WE JUST DID NOT MAKE THIS DEADLINE TO MAKE THIS MEETING.

ALL THE OTHER CITIES ARE ON BOARD AND AGREEING TO ALL OF IT.

THEY'RE ALREADY DOING THE SERVICES. THIS HAS BEEN A LEARNING EXPERIENCE FOR ME ABOUT HOW DIFFERENT ATTORNEYS CAN INTERPRET THE SAME WORD DIFFERENT WAYS.

SO WITH ALL DUE RESPECT TO THEM, IT'S BEEN ENTERTAINING.

MELANIE, IN OUR LEGAL SERVICES. THAT TAUGHT ME A LOT THROUGH THIS PROCESS AND I APPRECIATE IT.

SO IT'S REALLY JUST GETTING OVER THOSE LITTLE THINGS.

BUT THE CITIES, THE LAWYERS AND THE CHIEFS ARE ALL ON BOARD WITH THE DOZEN CITIES OR THE DOZEN ENTITIES THAT WE HAVE, AND THEY'RE ALL ON BOARD. WE JUST GOT TO GET THAT FINAL LANGUAGE.

OKAY, GOOD. THE FEE AND THE GENERAL SERVICES ARE THE SAME ACROSS.

YES, SIR. YEAH. GOOD. GOOD WORK. YES, SIR. QUESTION TWO THEN.

SO IS THERE ANY WITH THE SERVICES THAT DPS PERFORM FOR US FOR SO LONG AND THE SERVICES HERE, IS THERE ANY CHANGE OR ADDITIONAL THINGS THAT THESE CITIES ARE DOING THAT DPS WASN'T DOING? NO. THE LAW ENFORCEMENT SERVICES ARE THE SAME.

THEY WILL BE PATROLLING ON OUR SYSTEM. ROUTINE PATROLS, CRASH INVESTIGATION.

THE CITIES WERE ALREADY DOING CRIMINAL INVESTIGATIONS. DPS DID NOT DO CRIMINAL ON OUR ROADWAYS, SO THEY WERE ALREADY DOING THAT. THE ONLY THING DIFFERENT FROM THIS SCOPE VERSUS THE DPS SCOPE IS THE CITATION FOR FAILURE TO PAY TOLL CITATIONS.

AND THAT'S JUST BECAUSE THE DPS BASICALLY DECLINED TO PURSUE THAT.

YES, SIR. YEAH. OKAY. I'M SURE YOU'VE SEEN THE PLETHORA OF SOCIAL MEDIA POSTS THAT'S CRITICIZING THIS EFFORT.

I KNOW I'VE SEEN MANY OF THEM. YES, SIR. AND WE'VE ALREADY RECEIVED A WE, WE ALSO SAW THE SOCIAL MEDIA THINKING THIS WOULD TURN INTO A RACEWAY, ETC. BUT I CAN TELL YOU THAT IT'S TURNING A LITTLE BIT.

WE'RE STARTING TO GET A FEW, WHAT I WOULD CALL COMPLAINTS ABOUT LAW ENFORCEMENT ON OUR ROADWAY.

AND WE'RE SEEING ENTITIES COME ON OUR ROADWAY THAT NEVER DID COME ONTO OUR ROADWAY.

SO OVERALL, I THINK WE'RE GOING TO BE STRONGER IN THE LONG TERM.

CITIES ARE NEARBY. KEEP IN MIND, WHEN WE HAD TROOPERS ASSIGNED TO THE SYSTEM.

THEY WERE ACROSS THE WHOLE SYSTEM. AND SO SOMETIMES THEIR RESPONSE TIME MIGHT BE A LITTLE LONG, BUT OVERALL WE WILL BE STRONGER IN THE END. AND WE'VE GOT A GREAT PARTNERSHIP WITH THE CITIES BEFORE THIS STARTED, THESE AGREEMENTS AND WORKING THROUGH THIS IS EVEN GOING TO MAKE US STRONGER. AND UNFORTUNATELY, I'M CORRECT IN ASSUMING THAT BOARD MEMBERS DO NOT HAVE A PASS WHEN SPEEDING ON THE TOLLWAY.

CORRECT, SIR. NO, THAT WOULD BE CORRECT. FOR THE RECORD, BOARD MEMBERS DO NOT GET A PASS NOR DO ANY TO STAFF.

WOULD YOU LIKE TO TRY? THANK YOU. ERIC. HOW MANY MORE ARE THERE? HOW MANY MORE CITIES ARE THERE? THERE'S ABOUT A DOZEN MORE ENTITIES RIGHT NOW.

THERE ARE SOME ENTITIES LIKE THE CITY OF DALLAS WHO'S ALREADY PATROLLING, BUT WE'RE WORKING WITH HIGHLAND PARK AND ADDISON BECAUSE THEY WANT TO POTENTIALLY ROLL IT UP INTO THE CITY OF DALLAS BECAUSE THEY'RE TINY LITTLE THINGS.

SO THE EXACT NUMBER WILL BE DEPENDING ON IF THEY AGREED TO TURN OVER THEIR SERVICES.

AND WE'RE WORKING ON THOSE DETAILS. AND ARE THERE ANY THAT ARE IN THE COUNTY LIKE CHISHOLM TRAIL IS PART OF IT IN JOHNSON COUNTY AND TARRANT COUNTY.

[00:10:01]

HAVE. DO. DO HAVE SOME PORTIONS OF THE ROADWAY THAT ARE UNINCORPORATED? YES, SIR. AND YOU'RE WORKING WITH THEM AS WELL? YES, SIR. ALL RIGHT. VERY GOOD. ALL RIGHT. THANK YOU. ARE THERE ANY OTHER QUESTIONS FOR MR..

YES, MA'AM. YEAH. I DON'T I DON'T REALLY HAVE A QUESTION OTHER THAN HIGHLAND PARK.

HOW MUCH ROADWAY DO THEY HAVE? JUST A COUPLE MILES.

OKAY. JUST CURIOUS. ADDISON HAS ABOUT 100FT OF THE DALLAS NORTH TOLLWAY.

1100FT. OKAY. YEAH. AND THEY WANT TO PARTICIPATE.

THEY THEY WANT TO PARTICIPATE FOR THE ADDISON AIRPORT TOLL TUNNEL.

THEY'LL TAKE THAT. NO PROBLEM. THEY ARE OKAY IF THEY GET THE DALLAS NORTH TOLLWAY.

WHAT THEY'D PREFER, SINCE IT'S SUCH A TINY PIECE THAT CITY OF DALLAS AND CITY OF DALLAS IS WILLING TO DO THAT.

WE JUST HAVE TO GET BOTH TEAMS ON BOARD TO DO THE APPROPRIATE AGREEMENTS TO ALLOW THAT TO HAPPEN.

SO BOTH HIGHLAND PARK AND ADDISON ARE APPROACHING DALLAS TO TAKE OVER THEIR SECTIONS OF THE DALLAS NORTH TOLLWAY.

OKAY. AND I'M GOING TO ASSUME THAT THESE CITIES ARE WORKING TOGETHER ALSO IN CASE THERE'S SOMEBODY CAN'T, LET'S SAY IN. WELL, PLANO IS PRETTY WELL COVERED, BUT LET'S SAY IN THE COLONY, THEY CAN'T GET SOMEBODY THERE FOR A CRASH INVESTIGATION.

THEN WHAT HAPPENS? YES, MA'AM. THE CITY'S LONG BEFORE WE EVER CAME AROUND HAD MUTUAL AID AGREEMENTS.

AND SO THERE ARE THINGS RELYING ON ADDITIONAL OFFICERS AND STUFF.

BUT THE BEAUTY OF THE CITIES IS, IS THAT IF THERE IS SOMETHING GOING ON, THEY CAN MOVE OFFICERS FROM OTHER PARTS OF THE CITY TO THOSE SECTIONS AS NEEDED.

OKAY. AND I JUST WANT TO SAY, HAVING SOME EXPERIENCE GOING THROUGH THIS PROCESS HAVING MEETINGS AND EVERYTHING.

I JUST WANT TO THANK YOU GUYS SO MUCH FOR MEETING WITH ALL THE CITIES AND COUNTIES AND EVERYONE IN GETTING THIS WORKED OUT REALLY IN A PRETTY FAST PACE. SO THANK YOU VERY MUCH. WE COULD NOT HAVE DONE IT WITHOUT THE BOARD SUPPORT OPENING SOME OF THOSE DOORS.

AND FOR US TO GET IN AND TALK TO SOME FOLKS. SO THANK YOU ALL FOR YOUR SUPPORT AS WE GO THROUGH THIS.

THANK YOU. ARE THERE ANY OTHER QUESTIONS? ALL RIGHT.

NOW I'M GOING TO REMOVE ITEM 13 F FROM THE OVERALL OTHER ITEMS UNDER ITEM 13.

AND IF THERE'S NO OTHER QUESTIONS THEN I WILL ENTERTAIN A MOTION.

I'LL MAKE A MOTION. I'LL MOVE TO APPROVE ITEM NUMBER 13 WITH THE EXCEPTION OF F.

ALL RIGHT. WE HAVE A MOTION FOR APPROVAL ITEM NUMBER 13 EXCEPT F SECOND.

IS THERE A SECOND? SECONDED BY DIRECTOR KNIGHT.

ALL IN FAVOR, SAY AYE. AYE. OPPOSED. SAME SIGN.

MOTION CARRIES. UNANIMOUSLY. THANK YOU. NOW, WE'RE GOING TO VOTE ON ITEM 13 F.

I'LL MAKE A MOTION. ALL RIGHT. WE HAVE A MOTION BY DIRECTOR BAKER FOR APPROVAL OF ITEM 13.

F IS THERE A SECOND? SECOND. SECONDED BY DIRECTOR QUESADA.

ALL IN FAVOR, SAY AYE. AYE. OPPOSED? SAME SIGN.

MOTION CARRIES UNANIMOUSLY. THANK YOU, SIR. THANK YOU.

YOU MIGHT. I DON'T KNOW IF YOU DID. BUT NOTE FOR THE RECORD THAT OUR COLLEAGUE DID NOT VOTE ON THAT ONE.

YES. THANK YOU FOR REMINDING. THAT WAS THE IDEA.

OUR COLLEAGUE, DIRECTOR LEVINE, ABSTAINED FROM ITEM NUMBER 13 F FOR THE RECORD.

THANK YOU. ALL RIGHTY. YOU WANT TO PROTECT HIM? YOU WANT TO MAKE SURE THAT HE DOESN'T GET IN TROUBLE.

ALL RIGHT. NOW WE HAVE ITEM NUMBER 14, AND THAT IS CONSOLIDATED MONTHLY PERFORMANCE REPORT, MR. PORTER. GOOD MORNING, CHAIRMAN HADDAD. HORATIO PORTER, YOUR CFO.

HAPPY TO PRESENT THIS MONTH'S METRICS FOR YOUR REVIEW.

AND IN YOUR PACKET, YOU'LL SEE A ONE PAGE SNAPSHOT THAT COVERS THE THREE FUNCTIONAL AREAS FINANCIAL OPERATIONS AS WELL AS INFRASTRUCTURE.

I'LL JUMP INTO THE FINANCE METRICS. THE FIRST ONE IS REVENUE.

SO TOTAL REVENUE FOR THE NBTA SYSTEM IS 945 MILLION THROUGH AUGUST 8TH MONTHS OF THE YEAR, WITH 3% AHEAD OF BUDGET. GREAT RESULTS HERE, IN PART BECAUSE OF OUR INTEREST INCOME ON OUR INVESTMENTS.

EXPENSE STANDPOINT, WE'RE AT $164 MILLION VERSUS A BUDGET OF 179 AT THIS POINT IN THE YEAR.

CONTINUED COST SAVINGS ACROSS THE ORGANIZATION. DEBT SERVICE COVERAGE STANDPOINT.

WE'RE 2.57 FIRST TIER COVERAGE FOR THE ORGANIZATION.

FROM A CASH STANDPOINT, WHICH AGAIN, FUNDS A CAPITAL PLAN WHERE $2,065 MILLION THROUGH THE FIRST EIGHT MONTHS OF THE YEAR.

AND FINALLY, BEFORE I TURN IT OVER TO RICHARD FOR OUR TSA PERFORMANCE, THE FUND THAT WE USE TO CAPTURE THE PROCESSING OF TRANSACTIONS FOR OUR PARTNERS, YOU'LL SEE WE'RE ACTUALLY $5 MILLION TO THE POSITIVE, LESS THAN BUDGET BECAUSE TRANSACTIONS ARE FEWER ON THE EXPRESS LANES OR TSA LANES.

BUT OVERALL, AGAIN, POSITIVE PERFORMANCE FOR THE TSA FUND.

IF THERE ARE ANY QUESTIONS FOR ME, I'LL TURN IT OVER TO RICHARD. I DO HAVE JUST A COUPLE OF QUESTIONS, IF I MIGHT, MR. CHAIRMAN. YES, SIR. I RECOGNIZE THAT WE'VE ALREADY APPROVED THE BUDGET, BUT WHAT ARE THE SIGNIFICANT WHAT ARE THE MOST SIGNIFICANT PORTIONS OF THE BUDGET THAT ARE INTEREST RATE SENSITIVE? ON THE REVENUE SIDE, JUST INTEREST INCOME ON THE EXPENSE SIDE.

[00:15:07]

I CAN'T THINK OF ANY DIRECTOR CASADO. OKAY. OKAY.

AND WHEN YOU TALK ABOUT THE AS WE LOOK FORWARD IN THE NEXT YEAR OR SO TO CONSIDER THINGS LIKE REFINANCING, WHAT IS Y'ALL'S OVERALL PROJECTION THERE, AT LEAST FOR THE NEXT YEAR OR SO? IT'S A LITTLE BIT DIFFICULT BECAUSE WE DON'T KNOW WHAT INTEREST RATES ARE GOING TO BE BEYOND THE NEXT SIX MONTHS OR SO.

BUT WE LIKE WE'VE DONE IN THE PAST, WE WILL EVALUATE AND FIND THE BEST OPPORTUNITIES FOR US TO REFINANCE THAT BASED ON THE CURRENT INTEREST RATE ENVIRONMENT.

DO YOU FEEL LIKE YOU'VE GOT ENOUGH TOOLS THAT Y'ALL IN FINANCE HAVE ENOUGH TOOLS IN YOUR TOOLBOX THAT THE BOARD HAS GIVEN YOU, OR ARE YOU DOING SOMETHING ELSE? THIS BOARD HAS BEEN VERY FLEXIBLE AND WE REALLY APPRECIATE THAT.

SO MUCH SO THAT WITH YOUR APPROVAL OF THE TRANSACTION THAT WE'RE CONTEMPLATING EARLY IN THE YEAR WE ACTUALLY HAVE BEEN ON A DAY TO DAY STATUS FOR THE TRANSACTION.

WE HAD TO CALL THIS WEEK, ACTUALLY ON MONDAY TO DISCUSS THAT THIS MAY BE A GOOD WEEK TO TRY TO EXECUTE THE TRANSACTION BEFORE THE ELECTION.

WHO KNOWS WHAT'S GOING TO HAPPEN AFTER THE ELECTION. SO TO TAKE SOME OF THAT ELECTION RISK OFF THE TABLE STAFF AND OUR FINANCIAL ADVISORS AND ATTORNEYS HAVE BEEN WORKING TO PERHAPS EXECUTE A TRANSACTION THIS WEEK. INTERESTING.

OKAY. THANK YOU. THANK YOU, MR. CHAIRMAN. SURE.

MR. PORTER MY IS IT MY IMAGINATION THAT WE'RE IN THE BLACK WITH THE TSA? AND IT LOOKS LIKE NOW WE'RE BACK IN RED AGAIN, SO.

NO, SIR. THE ACTUAL COLUMN STARTING AT 643 MILLION.

OKAY. ALL THE WAY DOWN TO THE 5 MILLION. THAT'S THE POSITIVE CASH FLOW THAT WE'RE CURRENTLY EXPERIENCING FROM THE TSA PORTFOLIO.

SO WHAT IS THAT VARIANCE IN THE IN THE RED? SO WHEN WE ADOPTED THE BUDGET LAST YEAR, WE ANTICIPATED HAVING POSITIVE CASH FLOW OF $8 MILLION.

SO THIS IS THE DIFFERENCE. CORRECT. SO WE'RE LESS THAN THE BUDGET BUT IT'S STILL A POSITIVE CASH PERFORMANCE FOR THE FIRST EIGHT MONTHS OF THE YEAR.

VERY GOOD. WE'RE TRAINED TO BE AFRAID OF THOSE RED NUMBERS.

AS ARE WE SIR. THAT'S CORRECT. ALL RIGHT. WELL THANK YOU SO MUCH.

ANY OTHER QUESTIONS FOR MR. PORTER? ALL RIGHT.

THANK YOU, MR. PORTER. AND NOW WE'RE GOING TO THE EXECUTIVE DIRECTORS.

RICHARD. OKAY. GO AHEAD. GOOD MORNING, MR. CHAIRMAN.

MADAM VICE CHAIRMAN, DIRECTORS, AS WE'LL SEE IN THE FIRST SLIDE, OUR TOTAL TRANSACTIONS TO THE SYSTEM.

WE'RE SEEING THE NORMAL SEASONALITY TRENDS COMPARED TO LAST YEAR.

WE DID HAVE A SMALL DROP OF 0.8%. THE TEAM IS INVESTIGATING THAT.

SO WE'LL BE COMING BACK TO THE BOARD TO PROVIDE MORE DETAILS ON WHY WE'RE SEEING THAT SLIGHT DROP.

IN RELATION TO THE TSA. OUR TRANSPONDER PENETRATION WE'RE AGAIN SEEING THE SAME SEASONALITY EFFECT AS PREVIOUS YEAR, BUT WE'RE STILL SEEING A SLIGHT DROP IN THE TOTAL TAC PENETRATION.

THE TEAM, ALONG WITH THE PREVIOUS SLIDE, ARE INVESTIGATING THOSE TRENDS AND WILL BE COMING BACK WITH THE BOARD WITH SOME MORE DETAILS ON THAT AREA. IN THE PURSUABLE TRANSACTIONS.

WE CONTINUE TO SEE. SORRY. MY THING IS NOT. THERE WE GO.

WE'RE CONTINUING TO SEE A INCREASE IN UPWARD MOBILITY, PRIMARILY DRIVEN BY THE CHANGES THAT ALLOWED US TO CONSUME THE THE PLATES.

IF YOU RECALL, JULY OF LAST YEAR, WE HAD THE ISSUE WITH DMV THAT THEY CHANGED FROM PAPER PLATES OVER TO PLATES.

WE NOW WE'RE ABLE TO MAKE THE CHANGES IN OUR SYSTEM THAT ALLOW US TO BETTER CONSUME THOSE THOSE NEW TAGS.

OUR COLLECTION PERFORMANCE AS WE CONTINUE TO SEE KIND OF THAT SAME TREND, AS YOU ALL KNOW, I AM TO COME BACK IN FEBRUARY OF THIS YEAR FOR THE BOARD TO PRESENT.

WHAT ARE THE OPTIONS AND WHAT ARE THE STRATEGIES IN ORDER TO BE ABLE TO CORRECT SOME OF THESE TRENDS THAT WE'RE SEEING THESE DOWNWARD TRENDS IN THE COLLECTION PERFORMANCE.

IN OUR ENFORCEMENT REMEDIES, WE CONTINUE TO BE ABOVE AND TRENDING UPWARDS.

OVERALL, WE HAD ABOUT 38.1 MILLION TRANSACTIONS AS A WHOLE.

OUT OF THAT, WE HAD 9.8 MILLION 10 MILLION IN THE COLLECTED SIDE AND ANOTHER 8.3 IN THE TOTAL TRANSACTIONS.

WHAT THIS MEANS IS WE'VE ACTUALLY COLLECTED $28.3 MILLION.

SO A LOT OF ACTIVITY IN THAT AREA. OUR CALL CENTER PERFORMANCE CONTINUES TO BE ABOVE OUR TARGET.

WE CONTINUE TO EVALUATE IN TERMS OF STAFFING, IN ESSENCE, TO THE RATIO OF OUR OVERALL PERFORMANCE.

SO WE'VE DONE SOME CONTINUED ADJUSTMENT BUT REMAIN TO HAVE OUR OUR OVERALL STATISTICS BE ABOVE THE TARGET LEVEL.

OUR CUSTOMER RATINGS ALSO ARE ABOVE TARGETS. WHAT'S INTERESTING TO SEE THIS IN THE TOLTEC AREA, WE'RE AT 97% IN THE SIP CACHE, 96% AND IN THE AIR, WHICH IS OUR MOST CHALLENGING CUSTOMER, MARK, WE'RE GETTING 93%. SO THAT'S PRETTY SURPRISING.

[00:20:01]

IT SAYS A LOT ABOUT THE TYPE OF CUSTOMER SERVICE THAT OUR TEAM IS DELIVERING.

WITH THAT, IF ANY QUESTIONS, ARE THERE ANY QUESTIONS FOR RICHARD? ALL RIGHT. TO MY COLLEAGUE ELIZABETH. THANK YOU. SO OUR NEXT METRIC IS OUR MAINTENANCE RATING PROGRAM SCORE.

AND AS REPORTED, WE DID BEAT OUR GOAL OF 90 THIS MONTH.

WE MISSED OUR ROADSIDE SAFETY SERVICES CLEARANCE TIME THIS MONTH, COMING IN AT 20 MINUTES ON AVERAGE TO HELP OVER 3300 CUSTOMERS. WE BEAT OUR AVERAGE ACCIDENT CLEARANCE TIME GOAL THIS MONTH, COMING IN AT 42 MINUTES AND 40S ON AVERAGE TO CLEAR NEARLY 400 CRASHES ACROSS THE SYSTEM, AND PROJECT DEVELOPMENT WORK CONTINUES ACROSS THE SYSTEM AND TODAY WE WOULD LIKE TO HIGHLIGHT OUR D AND T FOR A PROJECT.

THIS IS A $450 MILLION PROJECT THAT EXTENDS THE MAIN LANES FROM 380 UP TO 428 IN COLLIN COUNTY, AND IT IS COMING TOGETHER QUITE NICELY. ALL THE BRIDGE DECKS ARE POURED FOR THE ENTIRE SIX MILES.

WE HAVE BARRIER WORK ON THE BRIDGES AS WELL AS THE MAIN LANES BEING DONE, CONCRETE PAVING OPERATIONS FOR THE MAIN LANES FOR THE RAMPS, AS WELL AS THE EXTENSIONS OF ANY FRONTAGE ROADS THAT ARE IN THE PROJECT.

AND WE ARE ALSO FOCUSED ON ELECTRICAL AND IT'S WORK FOR HIGH MASS ROADWAY LIGHTING AND OF COURSE OUR TOLL GANTRY.

SO A LOT OF WORK GOING ON FOR THE FOR A PROJECT.

AND I AM HAPPY TO REPORT THAT WE ARE ON SCHEDULE AND ON BUDGET FOR A MID 2027 OPEN TO TRAFFIC.

THAT IS THE END OF OUR REPORT TODAY. I'D BE HAPPY TO ANSWER ANY QUESTIONS.

SOUNDS LIKE YOUR TRAFFIC ACCIDENT WENT DOWN AND YOU WOULD BE DEAD RECORD.

SO IS THAT HAVE ANYTHING TO DO WITH NEW LAW ENFORCEMENT OR.

THIS IS. REMEMBER, THIS IS TWO MONTHS. SO THIS IS AUGUST.

THIS IS THE LAST MONTH. AND GOING FORWARD AS REPORTED, WE WILL NOT BE REPORTING CRASH METRICS FOR OUR NEW SERVICES AS WE HAVEN'T QUITE FIGURED OUT THE REPORTING FOR THAT.

SO WE'RE LOOKING FOR OTHER ALTERNATIVES. HOW CAN WE REPORT TO THE BOARD BECAUSE OF THE DIFFERENCES IN CRASH CLEARANCE.

I'D BE VERY INTERESTED TO SEE HOW IT IMPACTS US.

VERY GOOD. ALL RIGHT. ANY OTHER QUESTIONS? MISS MAO? WHAT IS HIGH MASS? OH, THE VERY TALL LIGHTS AT INTERCHANGE IS 100 FOOT.

THANK YOU. QUESTION. ALL RIGHTY. WELL. THANK YOU.

IT SOUNDS LIKE. THANK YOU. THE NEXT ITEM IS THE EXECUTIVE DIRECTOR'S REPORT, WHICH IS IN YOUR PACKET.

ARE THERE ANY QUESTIONS ON THAT? MR. CHAIRMAN, I HAD A COUPLE OF QUESTIONS.

YES, SIR. ON THE CARAHSOFT, WHICH IS THE AUDIT MANAGEMENT PLATFORM AND THE THE BUSINESS INTELLIGENCE WORKPLACE LICENSES.

CAN WE HAVE A SLIGHT EXPLANATION ABOUT THESE, PLEASE? I'LL TAKE THE THE CARAHSOFT FOR THE AUDIT MANAGEMENT PLATFORM.

IS THAT THE ONE? YEAH. I SAID YES SIR. THE AUDIT MANAGEMENT PLATFORM.

YES. THAT IS A PLATFORM THAT WE PROCURE ON BEHALF OF THE INTERNAL AUDIT TEAM SO THAT THEY CAN TRACK ALL OF THE AUDIT ACTIVITY IN THEIR DEPARTMENT.

SO I DON'T KNOW IF SAM WANTS TO ADD ANY. YEAH, I'LL ADD A LITTLE BIT OF FLAVOR.

SO WE HAD A THREE YEAR CONTRACT ORIGINALLY, WHICH WE IMPLEMENTED THREE YEARS AGO.

AND THEN NOW IT'S BACK UP FOR RENEWAL. IT'S WHAT WE USE FOR WORKFLOW FOR REQUESTING DOCUMENTS FOR HOUSING, ARCHIVING, AND THEN ULTIMATELY REPORTING. THAT'S WHAT WE USE THAT SOFTWARE FOR.

SO THIS IS JUST A RENEWAL PIECE OF THAT. AND AS IS USUAL, THE PRICE WENT UP SLIGHTLY COMPARED TO PREVIOUS CONTRACT AS SOFTWARE DOES. BUT WE WERE ABLE TO NEGOTIATE AT LEAST TO SOME DEGREE AND GET A, AT LEAST A SMALL REDUCTION IN THAT INCREASE.

SO THANK YOU. AND THE BUSINESS INTELLIGENCE LICENSES.

SO THAT'S 50 GEMINI LICENSES THAT WE PROCURED THEIR AI LICENSES SIMILAR TO COPILOT LICENSE THAT YOU WOULD SEE ON THE MICROSOFT SIDE. AND THESE ARE LICENSES THAT WE'RE EXPLORING HOW TO BETTER USE THEM WITHIN OUR GOOGLE ENVIRONMENT.

OKAY. THANK YOU. THANK YOU, MR. CHAIRMAN. THANK YOU.

YOU KNOW, ONE QUESTION. YEAH. I'D LIKE AN EXPLANATION ON THE ENDPOINT.

REMOTE SOFTWARE, WHAT THAT ALL ENTAILS. SURE.

THIS IS THE REMOTE SOFTWARE THAT OUR SERVICE DESK AND ENDPOINT MANAGEMENT TEAM USES TO HELP OUT USERS REMOTELY.

SO BASICALLY, YOU KNOW, REMOTE CONTROL ISSUES FOR THEIR DEVICE.

IF THEY'RE WORKING FROM HOME OR IN A DIFFERENT CAMPUS, THEY CAN ACTUALLY REMOTE INTO THEIR DEVICE AND HELP DEBUG ISSUES ON THEIR,

[00:25:05]

ON THEIR LAPTOP OR WORKSTATION. OKAY. I WAS GOING TO SAY THAT I'M GLAD THAT THE BOARD MEMBERS PAY ATTENTION TO THAT EXECUTIVE DIRECTORS REPORT. AND IT SEEMS LIKE EVERY MEETING, WE ALL HAVE QUESTIONS.

AND I'D LIKE TO SEE IF THE STAFF CAN PUT THOSE SLIDES ON IT IN THE FUTURE.

IS THAT POSSIBLE TO CREATE? YEAH. SO WHEN WE'RE WHEN SOMEBODY, A BOARD MEMBER ASKS A QUESTION FOR A SPECIFIC ITEM, WE ALL CAN SEE WHAT THAT ITEM IS. SO THANK YOU.

ALL RIGHT. THAT CONCLUDES OUR BRIEFING ITEMS. AND NOW WE WILL BE GOING INTO EXECUTIVE SESSION.

SO AT 1025. 10:25 A.M. ON OCTOBER 28TH. THIS MEETING IS CALLED INTO EXECUTIVE SESSION PURSUANT TO TEXAS GOVERNMENT CODE, SECTION 551.071 TO CONSULT WITH ATTORNEY.

THANK YOU. WHICH IS REGARDING LEGAL UPDATE.

ON YOUR SIX. NO FINAL ACTION, DECISION OR VOTE WAS TAKEN DURING THE EXECUTIVE SESSION.

I'M SORRY. WELL, HE WAS ON BUT HE WAS NOT TURNED OFF FROM BACK THERE.

AND WHAT IS THAT? IT WAS NOT. NO. MINE WAS ON.

I'M SAYING BACK THEN WASN'T. YEAH. YEAH. THEY WERE STILL ON BREAK.

YEAH. SO YOU WANT ME TO REPEAT IT? 1140. I THINK I GOT IT.

YOU GOT IT. ALL RIGHT. AND THERE IS NOTHING ELSE IN FRONT OF BOARD.

WE ARE ADJOURNED.

* This transcript was compiled from uncorrected Closed Captioning.