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Please note: this meeting's minutes have not been finalized yet. Actions taken on legislation and their results are not available.
Meeting Name: Budget Public Hearing Agenda status: Final
Meeting date/time: 9/16/2020 1:30 PM Minutes status: Draft  
Meeting location: Virtual Online Meeting Watch online: http://boardagendas.metro.net OR Listen by phone: Dial +1 (877) 422-8614 and enter extension 3489884#
Comments can be made via: Online: boardagendas.metro.net Email (by 5PM a day before the meeting): jacksonm@metro.net Post Office Mail: LACMTA - Board Secretary's Office One Gateway Plaza MS: 99-3-1 Los Angeles, CA 90012
Published agenda: Agenda Agenda Published minutes: Not available  
Meeting video: eComment: Not available  
Attachments:
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2020-0578 6.Informational ReportRECEIVE COMMENTS FROM THE PUBLIC ON METRO'S FISCAL YEAR 2021 (FY21) BUDGET.   Not available Not available
2020-0522  Public HearingCONSIDER: A. ADOPTING the proposed FY21 Budget as presented in the budget document (provided in a separate transmittal and posted on metro.net); 1. AUTHORIZING $6.0 billion annual consolidated expenditures to achieve goals and objectives set forth by the Board adopted Metro Vision 2028 strategic plan; and 2. AUTHORIZING a total of 10,219 FTEs with 8,482 Represented FTEs and 1,737 Non-Represented FTEs which did not change from FY20 authorized levels; and 3. APPROVING the Life of Project (LOP) budgets for new capital projects with LOP exceeding $5.0 million presented in Attachment A; and 4. AMENDING the proposed budget to include $165.2 million for Gold Line Foothill Extension 2B for a total of $265.2 million, finalized after budget closed; and B. APPROVING the Reimbursement Resolution declaring Metro‚Äôs intention to issue debt in FY21 for capital projects, as shown in Attachment B, with the provision that actual debt issuance will require separate Board approval.   Not available Not available