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Training: The 2014 budgeted amounts increased from 2013 budgeted provisions. <br />TRANSPO plans to use federal grants to offset most of the cost associated with training. <br />The current budget provides continued opportunities for all positions. <br />Transfer — Capital Improvement FundfRestrieted Liability Reserve: The 2014 <br />budget provides the opportunity to transfer up to $41,176 to the Capital Improvements <br />fund for future capital expenditures or deposit up to $41,176 into a restricted liability <br />reserve account, to be used for general liability purposes. <br />i+ UPON THE ADOPTION OF THE ANNUAL BUDGET BY THE SOUTH BEND <br />PUBLIC TRANSPORTATION BOARD OF DIRECTORS, A MONTHLY BUDGET, <br />BASED ON HISTORICAL AND FUTURE TRENDS, WILL BE ESTABLISHED, <br />THIS WILL HELP FACILITATE THE MONTHLY REVIEW OF FINANCIAL <br />REPORTS BY BOARD MEMBERS AND INTERNAL MANAGEMENT. <br />