1 / 16

FY20 Budget Overview: Addressing Legal Requirements and Funding Measure Projects

This budget overview highlights the legal requirements for paratransit service providers to meet 100% of the next-day ride requests and discusses the budget process, funding measures, and potential risks. It also compares FY19 projections with the FY20 budget and provides recommendations for final adjustments.

vandyke
Télécharger la présentation

FY20 Budget Overview: Addressing Legal Requirements and Funding Measure Projects

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Item 12 FY2019/20 Budget Overview

  2. FY19 Projection *figures in millions

  3. Legal Requirements Anderson v. Rochester-Genesee Regional Transp. Authority  337 F.3d 201, 210 -212 (C.A.2 (N.Y.),2003) § 37.131(b) requires paratransit service providers to plan to meet 100% of the demand for next-day ride requests.  • Requirements to fully fund expected demand • FTA assurances

  4. Budget Process • HDR Projections • Mid-year actuals • Report March/April • Metro Requirements • Per MOU submit preliminary budget info by March 1 • Metro review of draft budget information • Submit revised budget information to Metro • Submit funding request letter • Metro Board approves budget • Metro Board approves subsidies • Access Board approves budget • Execute new MOU

  5. FY 20 Projected Service Demand

  6. Budget Summary

  7. HDR/Contractual Increases

  8. AdministrativeCosts

  9. Cost Comparison

  10. Cost Per Trip LA County Minimum Wage

  11. FY19 Projection/FY20 Budget Comparison *figures in millions

  12. Funding

  13. Measure M Projects

  14. FY20 Budget Risks • Improved service could increase demand • Eligibility

  15. Next Steps • Make final adjustments to budget • Present Final Budget for approval on June 17th

  16. Recommendation Receive and file.

More Related