Meeting_Body
FINANCE, BUDGET, AND AUDIT COMMITTEE
JANUARY 20, 2021
Subject
SUBJECT: LOCAL RETURN PROJECT CODING
Action
ACTION: APPROVE REVISED PROJECT CODING FOR LOCAL RETURN PROJECTS
Heading
RECOMMENDATION
Title
APPROVE revised Project Coding Structure for Local Return Projects funded through the Metro administered Proposition A, Proposition C, Measure R, and Measure M Local Return (LR) programs. (ATTACHMENT A)
Issue
ISSUE
Metro has recently developed and implemented a significantly upgraded, cloud-based database, Local Return Management System (LRMS) to collect, approve, administer, audit, and report on Local Return activities of the 88 cities and Los Angeles County.
To provide for efficiency of use, consistency of application, and minimize user complexity, staff is seeking Board approval of a unified Project Coding structure across all Local Return (LR) programs.
Current LR guidelines approved by the Board include inconsistent project coding among the different taxes. Staff requires Board approval for the revised project structure.
This report does not revise the definitions of project eligibility but rather seeks to provide a more efficient process to manage and report LR activities.
Background
BACKGROUND
According to LR Guidelines, Metro staff is responsible to ensure that local jurisdictions comply with Board project eligibility guidelines for each of the four locally imposed sales tax Measures (A, C, R, M).
For the past two decades, this process included jurisdictions submitting paper forms that Metro staff was subsequently required to manually input into multiple Microsoft Access databases. These databases have reached the end of their useful life, are undependable for reporting purposes, and are subject to frequent crashes and do not provide the necessary information to provide the Board and staff with a timely and comprehensive understanding of the uses to which Local Return Funds are applied.
Discussion
DISCUSSION
Current...
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