2019-0198

Mon, 09 Jun 2025 06:34:35 GMT

File #: 2019-0198
Ver.: 1
Agenda #:
Type: Budget
Title: CONSIDER: A. ADOPTING the proposed FY20 Budget as presented in the budget document (provided in a separate transmittal and posted on metro.net): 1. AUTHORIZING $7.2 billion annual consolidated expenditures to achieve goals and objectives set forth by the Board adopted Metro Vision 2028 strategic plan; 2. AUTHORIZING a total of 10,219 FTEs with 8,482 Represented FTEs and 1,737 Non-Represented FTEs which includes an increase of 45 Non-Represented FTEs; 3. AUTHORIZING a 4% merit-based increase for Non-Represented wages which is in alignment with the Collective Bargaining Agreement with Metro’s union groups; 4. APPROVING the Life of Project (LOP) budgets for new capital projects with LOP exceeding $5 million presented in Attachment A; B. AMENDING FY20 Proposed Budget document by increasing Bus service hours from 7,019,376 to 7,094,376, which is higher than FY19 service level of 7,014,606; C. APPROVING the Reimbursement Resolution declaring Metro’s intention to issue debt in FY20 for capital projects, as shown in Attachment B, with the provision that actual debt i
Action:
Result:

Metro - Meeting of Budget Public Hearing on 5/15/2019 at 12:00 PM

2019-0198