Metro - File #: 2015-0259

• File #: 2015-0259
• Type: Program
• Status: Passed
• File created: 4/21/2015
• In control: Finance, Budget and Audit Committee
• On agenda: 6/17/2015
• Final action: 6/25/2015
• Title: APPROVED: A. the Southern California Regional Rail Authority's (SCRRA) FY 2015-16 Annual Work Program pursuant to their April 17, 2015, budget transmittal (Attachment A) and subsequent May 28, 2015, revised budget transmittal (Attachment B); B. the Los Angeles County Metropolitan Transportation Authority's (LACMTA) share of SCRRA FY 2015-16 Metrolink funding totaling $87,514,128 to reflect the programming of funds as follows: 1. $65,481,000 for Metrolink Operations; 2. $2,578,128 for Right of Way (ROW) Security; 3. $5,806,000 for ROTEM Reimbursement; 4. $13,074,000 for New TVM Purchase in Los Angeles County; 5. $475,000 for Capital Projects; and 6. $100,000 for one-time special events C. authorizing the Chief Executive Officer (CEO) to defer LACMTA's share of SCRRA FY 2015-16 Renovation and Rehabilitation budget and extend the lapsing dates of expiring MOUs until the agreed upon cash flow and reconciliation of SCRRA's Renovation and Rehabilitation program ...
• Sponsors: Board of Directors - Regular Board Meeting
• Indexes: Audit, Automatic vehicle location, Budget, Budgeting, Capital Project, Ez Pass, Grant Aid, Joint Powers Agreement, Los Angeles Sheriffs Department, Los Angeles Union Station, Measure R, Memorandum Of Understanding, Metro Rail A Line, Metrolink, Metrolink Antelope Valley Line, Payment, Program, Purchasing, Railroad commuter service, Ramona, Rehabilitation (Maintenance), Ridership, Rolling stock, Security, State Of Good Repair, Subsidies, Ticket vending machines, Transfer on 2nd Boarding, Transfers

Date	Action By	Action	Result
6/25/2015	Board of Directors - Regular Board Meeting	APPROVED	Pass
6/17/2015	Finance, Budget and Audit Committee

Meeting_Body
FINANCE, BUDGET, AND AUDIT COMMITTEE
JUNE 17, 2015

Subject/Action
SUBJECT: FY 2015-16 METROLINK ANNUAL WORK PROGRAM BUDGET

ACTION: APPROVE METROLINK'S FY 2015-16 ANNUAL WORK PROGRAM AND RELATED ACTIONS

Heading
RECOMMENDATION

Title
APPROVED:

A. the Southern California Regional Rail Authority's (SCRRA) FY 2015-16 Annual Work Program pursuant to their April 17, 2015, budget transmittal (Attachment A) and subsequent May 28, 2015, revised budget transmittal (Attachment B);

B. the Los Angeles County Metropolitan Transportation Authority's (LACMTA) share of SCRRA FY 2015-16 Metrolink funding totaling $87,514,128 to reflect the programming of funds as follows:

1. $65,481,000 for Metrolink Operations;

2. $2,578,128 for Right of Way (ROW) Security;

3. $5,806,000 for ROTEM Reimbursement;

4. $13,074,000 for New TVM Purchase in Los Angeles County;

5. $475,000 for Capital Projects; and

6. $100,000 for one-time special events

C. authorizing the Chief Executive Officer (CEO) to defer LACMTA's share of SCRRA FY 2015-16 Renovation and Rehabilitation budget and extend the lapsing dates of expiring MOUs until the agreed upon cash flow and reconciliation of SCRRA's Renovation and Rehabilitation program is provided to LACMTA or until September 30, 2015;

D. the FY 2015-16 Transfers to Other Operators payment rate of $1.10 per boarding to LACMTA and an EZ Pass reimbursement cap to LACMTA of $5,592,000;

E. authorizing the CEO to amend LACMTA's Commuter Rail Program budget as described in the financial impact section of this report and to negotiate and execute all necessary agreements between LACMTA and the SCRRA for the approved funding; and

F. authorizing the CEO to amend LACMTA's adopted budget to reflect the above recommendations.


Issue
ISSUE
The SCRRA Joint Powers Agreement (JPA) requires the member agencies to approve their share of Metrolink funding before the SCRRA Board adopts their budget....