The Board of Directors of the Los Angeles County Metropolitan Transportation Authority (Metro) has approved a $6.1 billion budget for fiscal year (FY) 2018. The fiscal year begins July 1 and runs through June 30, 2018, and is a 1.45 percent increase from the FY17 budget.
“The adoption of the budget demonstrates Metro’s commitment to fiscal discipline and tight budget controls,” said John Fasana, Metro board chair. “Through an aggressive transportation initiative focused on construction, bus and rail operations and making sure our system is in a state of good repair to maintain and protect our assets, we are working diligently to anticipate long term transportation needs.”
Metro’s new budget has an increase of 129,000 rail revenue service hours, up by 11.6 percent over FY17. There will also be the addition of more rail cars on the Expo and Gold lines and more service for special events.
The budget includes:
- $1.706 billion for bus and rail operations;
- $2.224 billion for capital projects, including construction on the Regional Connector Project, the Crenshaw/LAX Line and extensions of the Purple Line subway; and
- $1.510 billion in funding for other transit agencies in L.A. County, as well as local funding for the county’s 88 cities and unincorporated areas. This is a $205 million increase over FY17.
In FY18, Metro will continue to focus on maintaining its fleet, rail lines, transit stations and facilities in a state of good repair. The agency expects to break ground on the Airport Connector project and complete final design and begin early construction for the 96th Street Station. Metro also plans to begin work on the Gold Line Foothill Extension Phase 2B to Claremont. Metro will also take delivery of 48 new light rail vehicles during FY18 and ramp up heavy rail vehicle procurement for the Purple Line Extension.
“As we work to deliver the promises of Measure R and Measure M, it is Metro’s duty to exercise careful planning and to responsibly spend every dollar the voting public has entrusted us with,” Metro CEO Phillip A. Washington stated. “This budget continues the transportation revolution already in progress and prepares our region for the next century and beyond.”
During the budget process, the public had the opportunity to provide comments by visiting the Interactive Budget Tool. This tool includes a short survey where the public can set their transportation priorities and provide feedback on Metro’s budget.