State government / Antonio Gallo brief

Jacksonville committee seeks testimony tied to JTA’s $40 million deficit

Antonio GalloBriefNov 2 · 11:49 PM ET

Toll sign at Jacksonville’s Hart Bridge; file photo, not a current JTA toll proposal. · Photographer not listed · Public domain · File photo; display crop

The story in brief

Jacksonville’s Financial Audit and Oversight Committee heard from two former transportation authority finance chiefs as it investigates how JTA accumulated a $40 million deficit. Former CFO Raj Srinath, who served from 2023 to 2025 during the period central to the decline, did not attend. Councilman Chris Miller said the committee may subpoena Srinath but will first give him time to testify voluntarily. Members want his account before questioning former CEO Nat Ford, expected in January.

Originally reported by News4JAX · Northeast Florida · Read the original report ↗ · Published Nov 2 · 11:49 PM ET · Brief updated Nov 3 · 4:00 AM ET

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