Metro - File #: 2021-0277

• File #: 2021-0277
• Type: Budget
• Status: Passed
• File created: 4/26/2021
• In control: Board of Directors - Regular Board Meeting
• On agenda: 6/24/2021
• Final action: 6/24/2021
• Title: CONSIDER: A. APPROVING $2.34 billion in FY 2021-22 (FY22) 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 LACMTA Board approved policies and guidelines. B. APPROVING fund exchanges in the estimated amount of $1,467,453 of Metro's TDA Article 4 allocation with Municipal Operators' shares of Low Carbon Transit Operations Program. Funding will be adjusted based on LCTOP actual allocations. C. APPROVING fund exchanges in the estimated amount of $332,916 of Metro's Prop C 40% allocation with Antelope Valley and Santa Clarita's shares of Low Carbon Transit Operations Program. Funding will be adjusted based on LCTOP actual allocations. D. APPROVING Two-year lag funding for $420,856 to Torrance Transit and Commerce Transit for the transitioned services from Metro as follows: 1. The transfer of Metro Line 256 to City of Commerce Municipal B...
• Sponsors: Planning and Development (Department)
• Indexes: Avalon, Budget, Budgeting, Commerce, Coronavirus Aid, Relief, and Economic Security Act, Coronavirus Disease 2019 (COVID-19), Coronavirus Response and Relief Supplemental Appropriations Act of 2021, Federal Transit Administration, Formula Allocation Procedure, Gateway Cities (Southeast LA County) Service Sector, Gateway Cities subregion, Grant Aid, Guidelines, La Mirada, Low Carbon Transit Operations Program, Low-Income Fare is Easy (LIFE), Program, Proposition C, Resolution, Safety, Santa Clarita, Section 5307, Southern California Association Of Governments, Subsidies, Supplemental Appropriation, Technical Advisory Committee, Transfers, Transit operators, Transportation Development Act - Article 4, Transportation Development Act of 1971

Date	Action By	Action	Result
6/24/2021	Board of Directors - Regular Board Meeting
6/16/2021	Finance, Budget and Audit Committee

Meeting_Body
REVISED
FINANCE, BUDGET, AND AUDIT COMMITTEE
JUNE 16, 2021

Subject
SUBJECT: FISCAL YEAR 2021-22 TRANSIT FUND ALLOCATIONS

Action
ACTION: APPROVE RECOMMENDATIONS

Heading
RECOMMENDATION

Title
CONSIDER:

A. APPROVING $2.34 billion in FY 2021-22 (FY22) 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 LACMTA Board approved policies and guidelines.

B. APPROVING fund exchanges in the estimated amount of $1,467,453 of Metro's TDA Article 4 allocation with Municipal Operators' shares of Low Carbon Transit Operations Program. Funding will be adjusted based on LCTOP actual allocations.

C. APPROVING fund exchanges in the estimated amount of $332,916 of Metro's Prop C 40% allocation with Antelope Valley and Santa Clarita's shares of Low Carbon Transit Operations Program. Funding will be adjusted based on LCTOP actual allocations.

D. APPROVING Two-year lag funding for $420,856 to Torrance Transit and Commerce Transit for the transitioned services from Metro as follows:

1. The transfer of Metro Line 256 to City of Commerce Municipal Bus Lines consisting of 56,682 Revenue Miles and corresponding funding in the amount of $80,496.

2. The transfer of Metro Line 130 to Torrance Transit consisting of 239,789 Revenue Miles and corresponding funding in the amount of $346,360.

E. APPROVING base funding increase from $6.0 million to $6.8 million in FY22 for Tier 2 Operators to accommodate local fund exchanges of Coronavirus Response and Relief Supplemental Appropriations Act (CRRSAA) Funding as approved by the LACMTA Board of Directors.

F. APPROVING the execution of local fund exchanges as appropriate in order to implement the Board approved CRRSAA allocations.

G. APPROVING fund exchange of Federal Section 5307 discretionary fund awarded to the Southern California Regional Transit Training Consortium (SCRTT...