Meeting_Body
AD-HOC REGIONAL RAIL COMMITTEE
JANUARY 20, 2016
Subject/Action
SUBJECT: SCOPE AND OBJECTIVES - COST/BENEFIT ANALYSIS OF METRO'S SUBSIDY TO METROLINK
ACTION: RECEIVE AND FILE
Heading
RECOMMENDATION
Title
RECEIVE AND FILE status report and provide guidance on the scope and objective of staff's proposed Cost/Benefit Analysis of Metro's subsidy to Metrolink.
Issue
ISSUE
At its meeting of December 3, 2015 Metro's Board adopted Motion 40 recommending:
A. The CEO assign staff to complete a comprehensive Cost/Benefit analysis for the Los Angeles County subsidy to Metrolink; and
B. That until such analysis is completed and approved by the board, any and all funding requests from Metrolink that increase, or have the potential to increase the Metro contribution above the FY16 approved budget, or affect Los Angeles County residents/riders negatively, shall come to the MTA board for approval prior to Metrolink full board approval; and
C. That the Chair of the MTA board create an ad hoc committee to convene, as required, to vote on Los Angeles County Metrolink issues and to direct the cost/benefit analysis. Said study shall include MTA staff, including, at a minimum, finance and innovation executives, to oversee a cost/benefit analysis to look at innovative ways the MTA can best serve the Los Angeles County constituency; and
D. That the ad hoc Metrolink committee be convened beginning January 2016; and
E. That staff complete the cost/benefit analysis and report back to the board
in March 2016.
Discussion
DISCUSSION
Through the initiation of a Cost/Benefit Study of LA Metro's subsidy of Metrolink, staff will seek to provide information that allows the Committee and Metro's Board to examine, review, and make recommendations based on the following:
Costs
? Metrolink's cost structure and performance in relation to Commuter Rail industry standards; and
? Metrolink's performance in key categories in comparison to Metr...
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