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Legislation Details
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Type:
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Oral Report / Presentation
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Status:
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Agenda Ready
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On agenda:
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3/6/2026
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Final action:
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Title:
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RECEIVE an oral report on Metro's current financial position, including an overview of the near-term budget outlook, policy topics to mitigate financial challenges, and a capital program review on cost performance and delivery trends. The presentation will also summarize actions implemented to date, and potential revenue-generating strategies under consideration.
The workshop is designed to provide the Board with a comprehensive assessment of Metro's financial deficit, key fiscal risks and uncertainties, and strategies available to address emerging financial challenges while sustaining service, advancing capital priorities, and protecting long-term organizational stability.
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Indexes:
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Active Transportation Program, Advertising, Budget, Budgeting, Bus rapid transit, Capital Improvement Program, Capital Project, Cleaning, Construction, Contracts, Crenshaw/LAX Transit Corridor Project, Curbs, Design build, Federal Transit Administration, First/Last Mile, Flexible Funds, Gender, Guidelines, Hubs, Inglewood, Insurance, LA River Path Project, Light rail transit, Local Returns, Los Angeles International Airport, Low-Income Fare is Easy (LIFE), Maintenance, Maintenance practices, Measure M, Measure R, Metro Bike Share, Metro Rail D Line, Metro Rail K Line, Metro Vision 2028 Plan, Micromobility Vehicles, Mitigation, Mode choice, Operations and Maintenance, Oral Report / Presentation, Partnerships, Pedestrians, Policy analysis, Policy, legislation and regulation, Project delivery, Property management, Public private partnerships, Race and ethnicity, Ridership, Rolling stock, Safety, Safety and security, San Fernando, San Fernando Valley Service Sector, San Fernando Valley subregion, Schedules and scheduling, State Of Good Repair, Subsidies, Tax Increment Financing, Transfer on 2nd Boarding, Transit buses, Transit Oriented Development, Twenty-eight by '28 Initiative, Value capture, Vehicle sharing, Westside Subway Extension/Purple Line Extension Phase 2, Westside Subway Extension/Purple Line Extension Phase 3
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Attachments:
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1. Presentation
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Meeting_Body
SPECIAL BOARD MEMBER WORKSHOP
MARCH 6, 2026
Subject
SUBJECT: BOARD WORKSHOP
Action
ACTION: RECEIVE ORAL REPORT
Heading
RECOMMENDATION
Title
RECEIVE an oral report on Metro’s current financial position, including an overview of the near-term budget outlook, policy topics to mitigate financial challenges, and a capital program review on cost performance and delivery trends. The presentation will also summarize actions implemented to date, and potential revenue-generating strategies under consideration.
The workshop is designed to provide the Board with a comprehensive assessment of Metro’s financial deficit, key fiscal risks and uncertainties, and strategies available to address emerging financial challenges while sustaining service, advancing capital priorities, and protecting long-term organizational stability.
Prepared_by
Prepared by: Jeffrey Lopez, Director, Budget (213) 418-3183
Irene Fine, Deputy Chief Financial Officer (Interim), (213) 922-4420
Reviewed_By
Reviewed by: Michelle Navarro, Chief Financial Officer (Interim), (213) 922-3056
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