The Authority also receives some funding directly from central government and seeks to maximise income opportunities, for example from its own properties. The largest elements of expenditure are on securing rail and bus services and on the concessionary travel scheme. In addition to this Metro funds the operating costs of the bus stations, shelters and passenger information, including real time information and administers a countywide prepaid ticket scheme.
The Authority receives a capital grant to deliver its infrastructure improvements in line with the Local Transport Plan. Again it seeks to increase the available resources through grants and other income from third parties.
The classes of information we publish under this heading are as follows:-
Summary of revenue budget estimates and capital expenditure plans
Annual Statement of Accounts
Annual Audit Letter
ITA Members Allowances Scheme
Allowances paid to Members
