Meeting_Body
MEASURE M INDEPENDENT TAXPAYER OVERSIGHT COMMITTEE
OCTOBER 5, 2023
Subject
SUBJECT: FINDINGS AND/OR RECOMMENDATIONS TO IMPROVE THE MEASURE M PROGRAM
Action
ACTION: APPROVE RECOMMENDATIONS
Heading
RECOMMENDATION
Title
APPROVE the findings and/or recommendations to improve the Measure M program made by the Measure M Independent Taxpayer Oversight Committee (Attachment A).
Issue
ISSUE
Measure M, also known as the Los Angeles County Traffic Improvement Plan Ordinance, establishes an Independent Taxpayer Oversight Committee and an oversight process to ensure that the Los Angeles County Metropolitan Transportation Authority (LACMTA) complies with the terms of the Ordinance. The Measure M Independent Taxpayer Oversight Committee (MMITOC) provides an enhanced level of accountability for expenditures of sales tax revenues made under the Expenditure Plan and plays a valuable and constructive role in the ongoing improvement and enhancement of project delivery contemplated under the Measure M Ordinance.
The MMITOC provides quarterly review of Measure M implementation, including revenue generation and expenditures across subfunds and investment categories. In addition, a critical oversight role for the MMITOC is within the Measure M Five Year Comprehensive Program Assessment process, as directed by the Measure M Ordinance and Guidelines. This role includes review of the Five-Year Comprehensive Program Assessment and to make findings and/or provide recommendations for improving the overall Measure M program. Per the Ordinance and Guidelines, results of the Committee's review shall be presented to the Metro Board of Directors as part of Board adoption of the Comprehensive Program Assessment. The Five-Year Assessment presents an interim look at Measure M's progress and an opportunity to continue successful strategies and identify efforts that may need new direction.
Background
BACKGROUND
In late 2022, the MMITOC worked with Metro staff to develo...
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