Charlottesville Area Transit (CAT), the Department of Rail and Public Transportation (DRPT), and the Federal Transit Administration (FTA) frequently conduct independent oversight reviews to assess the appropriate use of government funds.
Throughout the year, both CAT and DRPT review all of Jaunt’s receipts and invoices representing the expense of government funds for legitimacy. A review occurs when Jaunt submits receipts and invoices (such as those requested in recent FOIA requests to Jaunt) to Charlottesville Area Transit and the Department of Rail and Public Transportation. CAT and DRPT disburse funds once they assure Jaunt's financial information adheres to the strict federal financial guidelines.
Each year, CAT or DRPT conducts an audit based on federal guidelines (a more thorough audit than that performed by Robinson, Farmer, Cox Associates) of Jaunt's financials as part of multiple “Subrecipient Oversight” processes. Charlottesville Area Transit and The Department of Rail and Public Transportation conduct these audits separately. This overlap causes Jaunt’s policies and use of government funds to be assessed for legitimacy every year. The most recent finalized oversight report was presented and accepted by the Jaunt Board of Directors in April 2020. The report, dated April 1, 2020, did not identify any concerns with Jaunt’s financial management process or expenditure of government funds.