File #: 2015-0973   
Type: Motion / Motion Response Status: Passed
File created: 6/19/2015 In control: Board of Directors - Regular Board Meeting
On agenda: 6/25/2015 Final action: 6/25/2015
Title: APPROVED Antonovich, Knabe, Solis and Najarian Motion as amended by Dupont-Walker that the Board directs the CEO to develop a policy on the use of Metrolink-dedicated sources of funding (Proposition C 10% and Measure R 3%) that embodies at minimum the following principles. A. The first priority for the use of these funding categories is for Metrolink core functions of operations, maintenance, safety and rehabilitation capital improvements, and State of Good Repair projects; B. All subordinate demands for these sources of funding shall not draw down funding from nor encumber debt upon these funding sources that are necessary to support the projected demands of Metrolink core functions unless sufficient capacity for future years can be demonstrated; and C. A quarterly written report shall be presented to the Board that reviews and tracks at minimum the project implementation timelines, cashflow, costs, and Life-of-Project budget for Metrolink (Los Angeles County) and Metro Re...
Sponsors: Board of Directors - Regular Board Meeting
Indexes: Ara Najarian, Budget, Budgeting, Call For Projects, Capital Project, Capital Project Funds, Debt, Funding plan, Hilda Solis, Jacquelyn Dupont-Walker, Maintenance, Maintenance practices, Measure R, Metrolink, Michael Antonovich, Motion / Motion Response, Operations and Maintenance, Policy, Program, Project, Proposition A, Proposition C, Railroad commuter service, Rehabilitation (Maintenance), Safety, State Of Good Repair, Subsidies, System safety
Meeting_Body
REGULAR BOARD MEETING
JUNE 25, 2015

Preamble
Motion by:

Directors Antonovich, Knabe, Solis and Najarian
Amended by Dupont-Walker

June 25, 2015

Relating to Item 6, File ID 2015-0259
Metrolink/Regional Rail Fiscal Accountability

The Southern California Regional Rail Authority (Metrolink), comprising five member County Regional Transportation Agencies, provides a vital regional commuter rail service that connects the residents, businesses, and attractions of Los Angeles County to those of Ventura, San Bernardino, Riverside, Orange, and San Diego Counties.
Los Angeles County Metro (Metro) is the largest agency in the Metrolink system by all measurements - service area, number of stations, ridership, and annual subsidy to support Metrolink's annual operating budget.
As the majority contributor to Metrolink's annual operating budget (51%), Los Angeles County plays an essential role in funding the operations, maintenance, and State of Good Repair of the capital-intensive Metrolink system to provide a safe, reliable, and efficient transit alternative for the people of Los Angeles County.
In support of this mission, Metro programs and provides funding to Metrolink through Proposition C 10% and Measure R 3%. Combined, these funding categories will provide approximately $96 million in Fiscal Year 2016 (FY16).
The demand for these finite funds continues to grow with increasing requests from Metrolink and Metro departments. Metrolink, for example, has requested approximately $107.5 million for FY16, including:
* $65.5 million operating subsidy
* $20.0 million for new Capital Rehabilitation programs
* $13.0 million to acquire new Ticket Vending Machines (TVMs) to replace the antiquated, unreliable 20-year-old TVMs
* $5.8 million for Crash Energy Management passenger railcars to provide greater safety for our customers
* $2.6 million for Right of Way (ROW) Security
* $0.5 million in various other programs
* $0.1 million f...

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