File #: 2021-0344   
Type: Policy Status: Passed
File created: 5/14/2021 In control: Board of Directors - Regular Board Meeting
On agenda: 7/22/2021 Final action: 7/22/2021
Title: CONSIDER: A. APPROVING the 2021 Records Retention Schedule in Attachment A; and B. DELEGATING administrative authority to the CEO to eliminate obsolete records categories or to reduce retention periods as necessary due to changes in law or business requirements.
Sponsors: Executive Management Committee
Indexes: Budgeting, Policy, Records management, Research, Strategic planning
Attachments: 1. Attachment A - 2021 LACMTA Retention Schedule, 2. Attachment B - Obsolete Categories Removed from the Schedule, 3. Attachment C - California PUC 130051.23
Meeting_Body
EXECUTIVE MANAGEMENT COMMITTEE
JULY 15, 2021

Subject
SUBJECT: 2021 RECORDS RETENTION SCHEDULE

Action
ACTION: APPROVE THE REVISED RECORDS RETENTION SCHEDULE

Heading
RECOMMENDATION

Title
CONSIDER:

A. APPROVING the 2021 Records Retention Schedule in Attachment A; and

B. DELEGATING administrative authority to the CEO to eliminate obsolete records categories or to reduce retention periods as necessary due to changes in law or business requirements.

Issue
ISSUE

California Public Utilities Code Section 130051.23 requires the Los Angeles County Metropolitan Transportation Authority (LACMTA) to maintain records used for operational, financial, and legal reasons, and requires the board authorize any destruction of significant records. Revisions to the Records Retention Schedule have been routinely brought before the Board of Directors in past years.

At its September 2002 meeting, the board delegated administrative authority to the CEO for approving additions of new records categories and for extending the retention periods of categories. Authority to remove obsolete categories or reduce retention time periods was retained by the Board at that time. Delegating this additional administrative authority will streamline processing and reduce the amount of routine, administrative procedures that the Board must review.

To ensure Metro meets its legal requirements and business requirements for records retention, Board approval of the revised Records Retention Schedule ("Retention Schedule"), is required.

Background
BACKGROUND

Since the Board last approved the Retention Schedule in November 2004, new legal requirements for retention emerged, and others were superseded. Beyond requirements, guidance from State and Federal authorities on best practices for retention has evolved; and the way Metro employees work has changed dramatically - Metro is creating new types of records, the period of time they need to be accessible has shifted, and some s...

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