MEASURE M INDEPENDENT TAXPAYER OVERSIGHT COMMITTEE
MEASURE R INDEPENDENT TAXPAYERS OVERSIGHT COMMITTEE
INDEPENDENT CITIZEN’S ADVISORY AND OVERSIGHT COMMITTEE
MARCH 5, 2025
Subject
SUBJECT: COST-BENEFIT ANALYSIS FOR METRO CAPITAL PROJECTS
heading
RECOMMENDATION
Title
RECEIVE oral report on cost-benefit analysis for Metro capital projects.
Issue
ISSUE
The Independent Taxpayer Oversight Committees provide accountability and transparency to the public through independent monitoring of Metro’s taxpayer-funded projects and programs. This report provides an update on a related action taken by the Metro Board on February 27, 2025 via approval of a Motion by Directors Dutra, Najarian, Barger and Butts.
The attached motion directs staff to develop and incorporate a standardized cost-benefit analysis framework that may be used to support funding decisions for infrastructure investments, including competitive grant programs and Metro’s strategic financial planning activities. Such a framework and analysis is expected to inform data-driven and transparent decision-making. Staff will provide an update on the analysis framework as part of the Annual Program Evaluation brought to the Board in 2025.
At future Oversight Committee meetings, Staff will also provide related progress on this effort.
Attachments
ATTACHMENTS
Attachment A - February 2025 Board Motion
Prepared_by
Prepared by: Allison Yoh, Executive Officer, Countywide Planning & Development, (213) 922-4812
Reviewed_by
Reviewed by: Ray Sosa, Chief Planning and Development Officer, (213) 547-4274