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Finance/Budget

Metro’s annual budget sets transportation priorities across LA County for the coming year. As Metro begins to put together its budget for 2018 fiscal year, effective July 1, 2017 through June 30, 2018, the agency seeks input. The FY18 budget will go before the Metro Board of Directors in May 2017.

Interactive Budget Tool

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

Service Council Meetings

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

  • San Fernando Valley Service Council

    Wednesday, May 3, 2017,  6pm
    Rose Goldwater Community Center
    6600 Topanga Canyon Bl, Canoga Park, CA 91303
  • Westside/Central Service Council

    Wednesday, May 10, 2017, 5pm
    Metro Headquarters
    3rd Floor Gateway Conference Room
    One Gateway Plaza, Los Angeles, CA 90012
  • Gateway Cities Service Council

    Thursday, May 11, 2017, 2pm
    Salt Lake Park Community Center
    3401 E Florence Av, Huntington Park, CA 90255
  • South Bay Service Council

    Friday, May 12, 2017, 9:30am
    Inglewood City Hall
    1 W Manchester Bl, Inglewood, CA 90301
  • San Gabriel Valley Service Council

    Monday, May 8, 2017, 5pm
    Metro Division 9 building (next to El Monte Station)
    3rd Floor Conference Room
    3449 Santa Anita Av, El Monte, CA 91731

Past Meetings

Public Hearings

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

Budget Public Hearing

Wednesday, May 17, 2017
1pm
Metro Headquarters, Board Room
One Gateway Plaza
Los Angeles, CA 90012

By Mail

Comments can also be submitted by mail or email:

Attn: FY18 Budget
Metro
One Gateway Plaza, 99-24-1
Los Angeles, CA 90012
budgetcomments@metro.net

The deadline for written comments is Friday, May 12 at 5pm.

Available in multiple languages


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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