Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.

Meeting Details

Meeting Name: Finance, Budget and Audit Committee Agenda status: Final
Meeting date/time: 10/15/2026 10:00 AM Minutes status: Draft  
Meeting location: One Gateway Plaza, Los Angeles, CA 90012, 3rd Floor, Metro Board Room
Watch online: https://boardagendas.metro.net Listen by phone: Dial 888-978-8818 and enter Access Code: 5647249# (English) or 7292892# (Español) To give written or live public comment, please see the top of page 4
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2026-0660 21.ProjectCONSIDER: A. APPROVE an increase in Life-of-Project (LOP) budget for the Los Angeles Union Station West ADA Improvements Project #210191 (Project) by a total of $4,350,000, from $10,500,000 to $14,850,000; and B. AMEND the FY27 budget to increase funding for Project #210191 by $3,500,000 from $3,500,000 to $7,000,000.   Not available Not available
2026-0699 22.BudgetCONSIDER: A. APPROVING programming the Los Angeles County Metropolitan Transportation Authority’s (“Metro”) share of the Southern California Regional Rail Authority’s (SCRRA) Fiscal Year 2026-27 Operating, State of Good Repair, and Capital Budget in the amount of $213,968,128 as described in Attachment A; B. APPROVING the FY 2026-27 Transfers to Other Operators’ payment rate of $1.10 per boarding to Metro and an EZ Pass reimbursement cap to Metro of $5,592,000; and C. AUTHORIZING the Chief Executive Officer to negotiate and execute all necessary agreements between Metro and SCRRA for the approved funding.   Not available Not available
2026-0497 23.ProgramAPPROVE the Resolution in Attachment A that: A. AUTHORIZE the Chief Executive Officer (CEO) or their designee to claim $45,745,590 in fiscal year (FY) 2026-27 State of Good Repair Program (SGR) grant funds as the Regional Entity for Los Angeles County for this program; B. APPROVE the regional SGR Project List for FY2026-27 in Attachment B; and C. CERTIFY that Metro will comply with all conditions and requirements set forth in the SB1 SGR Certification and Assurances document, applicable statutes, regulations and guidelines.   Not available Not available
2026-0732  Informational ReportRECEIVE General Public Comment   Not available Not available