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Finance/Budget


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

Have your say in Metro’s financial planning! This interactive tool includes a short survey to guide our future budget, set transportation priorities, allocate dollars and provide feedback on Metro’s budget.


Comments on the budget can also be provided in person at any of the following Service Council meetings:

San Fernando Valley Service Council
Wednesday, April 3, 6:30pm
Marvin Braude Constituent Center
6262 Van Nuys Bl
Van Nuys, CA 91401

San Gabriel Valley Service Council
Monday, April 8, 5pm
Metro El Monte Transit Plaza
Third Floor, Council Chambers
El Monte, CA 91731

Westside/Central Service Council
Wednesday, April 10, 5pm
Metro Headquarters
One Gateway Plaza
Metro Board Room, 3rd Floor
Los Angeles, CA 90012

Gateway Cities Service Council
Thursday, April 11, 2pm
Salt Lake Park Community Center
3401 E Florence Av
Huntington Park, CA 90255

South Bay Service Council
Friday, April 12, 9:30am
Inglewood City Hall
1 West Manchester Bl
Inglewood, CA 90301

The Metro Board of Directors will also hear comments on the proposed budget at a public hearing:

Budget Public Hearing
Wednesday, May 15, 12pm
Metro Headquarters, Board Room
One Gateway Plaza
Los Angeles, CA 90012

Comments can also be submitted via mail or email:

Attn: FY20 Budget
Metro
One Gateway Plaza, 99-24-1
Los Angeles, CA 90012

budgetcomments@metro.net

The deadline for written comments is May 10, 2019 at 5pm.


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