Meeting_Body
FINANCE, BUDGET AND AUDIT COMMITTEE
SEPTEMBER 16, 2020
Subject
SUBJECT: FY 2020-21 METROLINK ANNUAL WORK PROGRAM BUDGET
Action
ACTION: APPROVE RECOMMENDATIONS
Heading
RECOMMENDATION
Title
A. APPROVING the Los Angeles County Metropolitan Transportation Authority's ("Metro") share of the Southern California Regional Rail Authority's (SCRRA operated as "Metrolink") FY 2020-21 Budget Transmittal dated July 24, 2020, in the amount of $129,089,000 as detailed in Attachment A;
B. REPROGRAMMING $2,018,016 in surplus FY14, FY15, FY16 and PTIMSEA state of good repair and capital funds to fund a portion of Metro's share of Metrolink's FY 21 rehabilitation program;
C. REPROGRAMMING up to $7,000,000 in cost savings from the FY19 and FY20 state of good repair and capital funds to fund a portion of Metro's share of Metrolink's FY 21 rehabilitation program detailed in Attachment B as first priority as additional funding for reprogramming becomes available;
E. APPROVING programming additional funding for the acquisition of new Metrolink Ticket Vending Devices in the amount of $1,599,242 to fund Metro's remaining share of the total project budget totaling $9,673,242;
F. APPROVING the FY21 Transfers to Other Operators payment rate of $1.10 per boarding to Metro and an EZ Pass reimbursement cap to Metro of $5,592,000; and
G. AUTHORIZING the Chief Executive Officer to negotiate and execute all necessary agreements between Metro and the SCRRA for the approved funding.
Issue
ISSUE
Staff is recommending the approval of $129,089,000 (listed in Attachment A) for Metro's share of Metrolink's FY2020-21 Budget of $217 million and programming in the amount of $1,599,242 for the new Metrolink Ticket Vending Devices.
Discussion
DISCUSSION
The Southern California Regional Rail Authority operates and provides the Metrolink commuter rail service in the Southern California region serving the counties of Los Angeles, Orange, Riverside, San Bernardino, Ventura and u...
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