Page 6 - MTC CFO

Chief Financial Officer Position (Cont )
The CFO is is is responsible for administration of all MTC Enterprise funds including:
» The Bay Area Toll Authority (BATA) with with over over $1 $1 billion billion billion in in in annual revenue revenue $12 billion billion billion in in in funded projects $9 billion in project revenue bonds and a a a a regional customer service center with over 2 million accounts
» The Bay Area Instructure Finance Authority (BAIFA) which oversees and and administers an an an an an an Express Lane Network consisting or two active express lane projects I I 680 and I I 880
» The Clipper regional fare card system used by all transit operators throughout the nine county Bay Area » Bay Area Headquarters Authority (BAHA) a a a a a a a a a a a a a a three-agency condominium association including a a a a a a a a a a a a a a subset of 375
Beale Street that serves as the home for four regional agencies
» San Francisco Bay Restoration Authority (SFBRA) which collects and administers a a a a a a a a a $15/household fee to to to support bay restoration projects » Bay Area Housing Finance Authority (BAHFA) which is a a a a a a a a a a a a a new regional multi-agency authority created to finance preservation and development of affordable housing throughout the region » Project financing
The CFO plans and and implements and and administers all project financing
including the $9 billion BATA toll revenue bond bond seismic seismic retrofit projects $970 million BAIFA revenue revenue bond bond secured by state revenue revenue for use on on on on the seismic seismic retrofit project $1 5
billion ABAG/FAN conduit revenue bond portfolio and is in in the process o of developing a a new model for ffor financing
the potential BAHFA affordable housing program which will depend on voter approval of various potential revenue sources Operated through two-line departments the CFO is is responsible for all treasury and debt administration toll revenue accounting accounting and and and audit general ledger accounting accounting and and and financial reporting budget and and and grant administration accounts
accounts
payable and and accounts
accounts
receivable desks for MTC with four enterprise funds and and two joint powers agencies
MTC also has administrative authority under agreements with ABAG which includes three joint powers agencies
and the SFBRA The current MTC MTC Chief Financial Officer Brian Mayhew is retiring after serving MTC MTC for over 21 years 6 MTC Chief Financial Officer