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Finance/Budget

We’d like your input on Metro’s FY19 Budget!

Metro’s annual budget sets transportation priorities across LA County for the coming year.

Metro’s interactive budget tool includes a short survey to guide our budget, set priorities, allocate dollars and provide feedback.

ONLINE BUDGET TOOL

Provide your input on Metro’s 2019 fiscal year in person at any of the monthly Metro Service Council meetings:

San Fernando Valley Service Council
Wednesday, April 4, 6:30pm
Marvin Braude Constituent Center
6262 Van Nuys Bl
Van Nuys, CA  91401

San Gabriel Valley Service Council
Monday, April 9, 5pm
Metro El Monte Division 9 Building
Third Floor, Conference Room
3449 Santa Anita Av, El Monte, CA 91731

Westside/Central Service Council
Wednesday, April 11, 5 pm
Metro Headquarters
One Gateway Plaza
Union Station Conference Room, 3rd Floor
Los Angeles, CA  90012

Gateway Cities Service Council
Thursday, April 12, 2pm
Salt Lake Park Community Center
3401 E Florence Av
Huntington Park, CA  90255

South Bay Service Council
Friday, April 13, 9:30am
Inglewood City Hall Community Room
1 West Manchester Bl
Inglewood, CA  90301

The Metro Board of Directors will also hear comments on the proposed budget:

Budget Public Hearing
Wednesday, May 16 at 12pm
Metro Headquarters, Board Room
One Gateway Plaza
Los Angeles, CA 90012

Comments can also be submitted by email at budgetcomments@metro.net or by mail. The deadline for written comments is Friday, May 11 at 5pm.

Attn: FY19 Budget
Metro
One Gateway Plaza, 99-24-1
Los Angeles, CA 90012

Graphic of multilanguage options for phone numbers at Metro.


Investment Policy

Per California State Law, Metro adopts an investment policy annually. Metro's investment policy affords Metro a broad spectrum of investment opportunities as long as the investment is deemed prudent and is authorized under the California Government Code Section 53600, et seq.

Metro has invested in U. S. Treasury Securities, Commercial Paper, Corporate Notes and Bonds and other secure investments. Operating funds are maintained in commercial banks where idle balances are invested as permitted by State law in certificates of deposit, money market accounts and other investments.

Restricted cash and investments with fiscal agents represents restricted monies held by Trustees for payment of debt service principal and interest expense, also included are funds set aside for cost overruns on capital projects, and self-insurance reserves for worker's compensation and public liability/property damage claims.

View complete policy

Investment Program

Metro’s Investment Program encompasses those assets managed internally by Treasury Department staff and by external investment managers. The short-term portfolios managed internally are earmarked to cover near-term operating expenses. The externally managed portfolios are invested in medium to long-term higher yielding investments.


Metro has developed this financial section to provide relevant and timely information for individuals interested in its financial data. Here you will find information about Metro's debt and investment policies and programs, bond issuance, annual reports, the annual budget, and other matters of financial interest.

Metro financial information is produced by the offices of Accounting, Management & Budget (OMB), Revenue and Treasury. The Finance offices analyze fiscal issues and advise Metro Board of Directors in the areas of short-term and long-term financing, fund planning, revenue forecasting, operating and capital budgets and compliance with accounting standards.

Financial Information

Management

Investor Relations

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