Meeting_Body
MEASURE M INDEPENDENT TAXPAYER OVERSIGHT COMMITTEE
OCTOBER 3, 2024
Subject
SUBJECT: TRANSIT OPERATIONS AND MAINTENANCE BUDGET AND SERVICE METRICS
Action
ACTION: ORAL REPORT
Heading
RECOMMENDATION
Title
RECEIVE oral report on review of the Measure M transit operations budget and countywide bus service metrics to support discussion on the effective and efficient use of funds.
Issue
ISSUE
To support the discussion on the effective use of Measure M fund budget and expenses. This report provides: 1) efficiency and effectiveness metrics for Metro’s systemwide service during fiscal year 2024 (FY24), 2) FY24 budget versus actual data for Metro operations and maintenance, 3) Measure M transit fund allocations and expenditures for each Los Angeles County bus operator, and 4) the most recent National Transit Database efficiency and effectiveness data for Los Angeles transit operators receiving Measure M funding.
Equity_Platform
EQUITY PLATFORM
Under Board-adopted Measure M Guidelines, the Measure M Transit Operations and Maintenance funds allocated to transit agencies support the implementation of various transit services and improvements throughout the region. These funds are allocated to Metro and the municipal transit operators on an annual basis and are intended to enhance mobility for transit users, and individuals with disabilities. Through the process of public input and engagement, local decision-making, and project implementation, transit operators can appropriately and equitably address the needs of their communities and improve access to opportunity.
Attachments
ATTACHMENTS
Attachment A - Budget and Service Metrics Presentation
Prepared_by
Prepared by: Cosette Stark, DEO, Local Programming, (213) 922-2822
Michelle Navarro, Senior Executive Officer, Finance, (213) 922-3056
Reviewed_By
Reviewed by: Nalini Ahuja, Chief Financial Officer, (213) 922-3088