Metro’s annual budget sets transportation priorities across LA County for the coming year. Metro has released its proposed budget for 2018 fiscal year , effective July 1, 2017 through June 30, 2018, for public comment. The proposed FY18 budget will go before the Metro Board of Directors in May 2017.
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!
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
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
The Metro Board of Directors will also hear comments on the proposed budget at a public hearing:
Budget Public Hearing
Wednesday, May 17, 2017
Metro Headquarters, Board Room
One Gateway Plaza
Los Angeles, CA 90012
Comments can also be submitted by mail or email:
Attn: FY18 Budget
One Gateway Plaza, 99-24-1
Los Angeles, CA 90012
The deadline for written comments is Friday, May 12 at 5pm.
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.
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.
- Annual Financial Reports
- Investor Relations
- Donna Mills , Treasurer
- Government Finance Officers Association (GFOA)
- California Municipal Treasurer's Association
- City of Los Angeles
- County of Los Angeles
- American Public Transit Association (APTA)
- California Transit Association (CTA)
- Southern California Association of Governments (SCAG)
- Federal Transit Authority (FTA)
- California Transportation Commission (CTC)
- California Department of Transportation (CALTRANS)
- Electronic Municipal Market Access (EMMA)