Meeting_Body
REVISED
FARE SUBSIDY PROGRAM PUBLIC HEARING
FINANCE, BUDGET AND AUDIT COMMITTEE
MAY 17, 2017
EXECUTIVE MANAGEMENT COMMITTEE
MAY 18, 2017
Subject/Action
SUBJECT: NEW LOW INCOME FARE SUBSIDY PROGRAM
ACTION: APPROVE RECOMMENDATIONS
Heading
RECOMMENDATION
Title
APPROVE:
A. a new low income fare subsidy program to replace the Rider Relief Transportation Program (RRTP) and Immediate Needs Transportation Program (INTP), with an estimated year one budget of $14 million, and;
B. the Title VI Analysis for the new program.
Issue
ISSUE
We are consolidating and expanding our existing fare subsidy programs to increase subsidies and transit benefits to our low-income riders who need it the most.
The new program will focus on low income riders in Los Angeles County and is the merger of current fare subsidy programs, RRTP (Rider Relief Transportation Program) and INTP (Immediate Needs Transportation Program). The new program will incorporate the benefits offered separately under each program into a unified subsidy program for low-income individuals, while preserving special transit and taxi benefits for specific trip purposes through an agency-centered element. The program will utilize funds from the existing programs and additional Measure M revenues to offer additional subsidies to program participants, with a total estimated FY18 budget of $14 million - $5 million from INTP, $5 million from RRTP, and a projected potential $4 million in new sales tax revenues from at least 25% of the 2% of the Measure M funds for discounts to seniors and students (subject to Board approval of Measure M guidelines and future Board action to program funds). Future year budget will be adjusted based on Measure M revenues (current year receipts and any unspent funds from prior year), as well as the $10 million from the INTP and RRTP.
All elements of the INTP and RRTP operating guidelines including administration, cost and functions, as previously approved by th...
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