Metro - File #: 2025-0404

• File #: 2025-0404
• Type: Budget
• Status: Agenda Ready
• File created: 5/6/2025
• In control: Finance, Budget and Audit Committee
• On agenda: 6/18/2025
• Title: CONSIDER: A. APPROVING $2.9 billion in Fiscal Year 2025-26 (FY26) Transit Fund Allocations for Los Angeles County jurisdictions, transit operators, and Metro Operations as shown in Attachment A. These allocations comply with federal, state, and local regulations and Metro Board approved policies and guidelines. Federal and state fund allocations are subject to actual fund apportionments; B. APPROVING fund exchanges in the estimated amount of $3,140,305 of Metro's Transportation Development Act (TDA) Article 4 allocation with Municipal Operators' shares of the Low Carbon Transit Operations Program. Funding will be adjusted based on LCTOP actual allocations; C. APPROVING fund exchanges in the estimated amount of $1,035,635 of Metro's Proposition (Prop) C 40% allocation with Antelope Valley, Santa Clarita, Burbank, and Glendale's shares of the Low Carbon Transit Operations Program (LCTOP). Funding will be adjusted based on LCTOP actual allocations; D. APPROVING fund exchange of Federa...
• Sponsors: Planning and Development (Department)
• Indexes: Agreements, Arroyo Verdugo subregion, Budget, Budgeting, Burbank, Call For Projects, Federal Transit Administration, Funding plan, Glendale, Grant Aid, Guidelines, Low Carbon Transit Operations Program, Resolution, San Fernando Valley Service Sector, San Fernando Valley subregion, Santa Clarita, Southern California Association Of Governments, Strategic planning, Technical Advisory Committee, Transit operators, Transit System, Zero Emissions

Meeting_Body
FINANCE, BUDGET AND AUDIT COMMITTEE
JUNE 18, 2025

Subject
SUBJECT: FISCAL YEAR 2025-26 TRANSIT FUND ALLOCATIONS

Action
ACTION: APPROVE RECOMMENDATIONS

Heading
RECOMMENDATION

Title
CONSIDER:

A. APPROVING $2.9 billion in Fiscal Year 2025-26 (FY26) Transit Fund Allocations for Los Angeles County jurisdictions, transit operators, and Metro Operations as shown in Attachment A. These allocations comply with federal, state, and local regulations and Metro Board approved policies and guidelines. Federal and state fund allocations are subject to actual fund apportionments;

B. APPROVING fund exchanges in the estimated amount of $3,140,305 of Metro's Transportation Development Act (TDA) Article 4 allocation with Municipal Operators' shares of the Low Carbon Transit Operations Program. Funding will be adjusted based on LCTOP actual allocations;

C. APPROVING fund exchanges in the estimated amount of $1,035,635 of Metro's Proposition (Prop) C 40% allocation with Antelope Valley, Santa Clarita, Burbank, and Glendale's shares of the Low Carbon Transit Operations Program (LCTOP). Funding will be adjusted based on LCTOP actual allocations;

D. APPROVING fund exchange of Federal Section 5307 discretionary fund awarded to the Southern California Regional Transit Training Consortium (SCRTTC) through Long Beach Transit in the amount of $360,000 with Metro's TDA Article 4 allocation subject to final federal apportionments. If federal funds are not available for this fund exchange, $360,000 in FY27 TDA Article 4 funds will be allocated to Metro off the top as reimbursement;

E. APPROVING fund exchanges in the amount totaling $15.6 million of Metro's Federal Section 5307 share with Municipal Operators' shares of Federal Sections 5337 and 5339 subject to final federal apportionments;

F. AUTHORIZING the Chief Executive Officer to adjust FY26 Federal Section 5307 (Urbanized Formula), Section 5339 (Bus and Bus Facilities), and Section 5337 (State of Good Repair)...