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File #: 2022-0736   
Type: Informational Report Status: Filed
File created: 10/17/2022 In control: Executive Management Committee
On agenda: 11/17/2022 Final action: 11/17/2022
Title: RECEIVE AND FILE the report back on using 2022 Equity Focus Communities (EFCs) to prioritize investments during the development of the Metro FY24 budget.
Sponsors: Board of Directors - Regular Board Meeting
Indexes: Budget, Budgeting, Equity Focus Communities, Eric Garcetti, Informational Report, Maps, Transit operators
Attachments: 1. Presentation
Meeting_Body
EXECUTIVE MANAGEMENT COMMITTEE
NOVEMBER 17, 2022

Subject
SUBJECT: EQUITY FOCUS COMMUNITIES REPORT BACK ON FY24 BUDGET DEVELOPMENT

Action
ACTION: RECEIVE AND FILE

Heading
RECOMMENDATION

Title
RECEIVE AND FILE the report back on using 2022 Equity Focus Communities (EFCs) to prioritize investments during the development of the Metro FY24 budget.

Issue
ISSUE

During the August 2022 Executive Management Committee (EMC) meeting, Director Garcetti requested a report back by the end of 2022 on the plan for using the newly updated 2022 Equity Focus Communities (EFC) map to prioritize funding during the development of Metro's FY24 budget.

Background
BACKGROUND

During the May 2022 Executive Management Committee (EMC) meeting, Director Garcetti requested a report back in August 2022 on recommendations for using the newly updated 2022 Equity Focus Communities (EFC) map to prioritize funding during the development of Metro's FY24 budget. At the August 2022 EMC meeting, staff presented a plan to develop an EFC budget baseline that 1) identifies the percentage of Metro's FY23 budget that provides targeted benefits in EFCs and for people living and working in EFCs and 2) guides FY24 investments through the agency's second Equitable Zero-Based Budgeting (EZBB) process. EFCs are defined as census tracts with the highest concentration of people and households that are low-income, Black, Indigenous, and other People of Color (BIPOC), and zero car households.

A goal of the FY24 EZBB is to achieve equitable investments and targeted benefits for EFCs, representing 40 percent of Los Angeles County. Staff planned to categorize FY23 investments based on EFC benefits to calculate the FY23 budget equity baseline percentage. The 2022 EFC map incorporates 40 percent of Los Angeles County; by definition, EFCs have very high and high mobility investment needs. Metro's budget needs to invest more than a 40 percent share of the budget for the 40 percent of the popu...

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