Skip to Content
Search
ARCHIVE MODE

Finance, Budget, and Audit Committee Agenda*

Location & Date

Metro Board Room, One Gateway Plaza, 3rd Floor, Los Angeles
Wednesday, January 16, 2013 1:00 p.m.

Agenda

Call to Order

Directors

Gloria Molina, Chair
Mel Wilson, Vice Chair
Diane DuBois
Richard Katz
Pam O’Connor
Michael Miles, non-voting member

Officers

Arthur T. Leahy, Chief Executive Officer
Michele Jackson, Board Secretary
Karen Gorman, Ethics Officer
Karen Gorman, Acting Inspector General
County Counsel, General Counsel

5. RECEIVE report from the Chief Financial Services Officer.

6. RECEIVE report from the Chief Executive Officer.

7. RECEIVE oral Federal/State Affairs update.

8. RECEIVE oral report on Project Budget and Schedule Status. [HANDOUT]

(ALSO ON PLANNING AND PROGRAMMING AND CONSTRUCTION COMMITTEE)

9. CONSIDER:

A. adopting the Investment Policy;

B. approving the Financial Institutions Resolution authorizing financial institutions to honor signatures of LACMTA Officials; and

C. delegating to the Treasurer or his/her designees, the authority to invest funds for a one-year period, pursuant to California Government Code Section 53607.

10. RECEIVE AND FILE report on budget themes and performance metrics.

(ALSO ON PLANNING AND PROGRAMMING AND CONSTRUCTION COMMITTEE)

11. RECEIVE AND FILE report on the impacts of the pension reform act.

12. RECEIVE AND FILE the first quarter financial performance for Fiscal Year 2013 budget. [HANDOUT]

13. RECEIVE AND FILE the FY14 Budget Planning Parameters. [HANDOUT]

14. RECEIVE AND FILE report on Debt Policy.

15. RECEIVE AND FILE the first quarter report of Management Audit Services for the period ending September 30, 2012.

Consideration of items not on the posted agenda, including: items to be presented and (if requested) referred to staff; items to be placed on the agenda for action at a future meeting of the Committee or Board; and/or items requiring immediate action because of an emergency situation or where the need to take immediate action came to the attention of the Committee subsequent to the posting of the agenda.

COMMENTS FROM THE PUBLIC ON ITEMS OF PUBLIC INTEREST WITHIN COMMITTEE’S SUBJECT MATTER JURISDICTION

ADJOURNMENT

Advertisement
Close Search Window

Search metro.net, The Source, and El Pasajero