Metro - File #: 2023-0613

• File #: 2023-0613
• Type: Informational Report
• Status: Agenda Ready
• File created: 9/20/2023
• In control: Measure M Independent Taxpayer Oversight Committee
• On agenda: 10/2/2023
• Title: RECEIVE AND FILE the Measure M Five-Year Comprehensive Assessment and Equity Report (Attachment A).
• Sponsors: Board of Directors - Regular Board Meeting
• Indexes: Audit, Barriers (Roads), Bids, Budgeting, Capital Project, Construction, Equity Focus Communities, Guidelines, Housing, Informational Report, Labor, Measure M, Metro Equity Platform, Operations and Maintenance, Partnerships, Plan, Program, Project delivery, Short Range Transportation Plan, State Of Good Repair

Meeting_Body
MEASURE M INDEPENDENT TAXPAYER OVERSIGHT COMMITTEE
OCTOBER 5, 2023

Subject
SUBJECT: MEASURE M FIVE-YEAR COMPREHENSIVE ASSESSMENT AND EQUITY REPORT

Action
ACTION: RECEIVE AND FILE

Heading
RECOMMENDATION

Title
RECEIVE AND FILE the Measure M Five-Year Comprehensive Assessment and Equity Report (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 Measure M Ordinance requires that every five (5) years, Metro conduct a comprehensive review of all projects and programs implemented under the Measure M Expenditure Plan to evaluate the performance of the overall program and make recommendations to improve its performance based on current practices, best practices, and organizational changes to improve coordination. In addition, the Measure M Ordinance and Guidelines require that the MMITOC review the Five-Year Comprehensive Assessment and make findings and/or provide recommendations for improving the program. The Measure M Five-Year Comprehensive Assessment and Equity Report (Assessment) evaluates the performance of the overall Measure M program from Fiscal Year (FY) 2018 to FY 2022, including an assessment of the effectiveness of the Program on improving lives of people in Los Angeles.

Background
BACKGROUND

The Measure M program (Program) is a local revenue source for many major multi-year capital projects that will bring mobility improvements acro...