Revised (Slide 10)
Planning & Programming #14Finance, Budget, and Audit #27
Long Range Transportation Plan
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Project AccelerationMetoooges
Finance, Budget, & Audit CommitteeExecutive Management Committee
April 2012
“30/10” Status & On-Going Efforts
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30/10 Initiative
MTA Board’s April 2010 Policies and Principles
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Main goal: Accelerate projects in Long RangeTransportation Plan sequence
–MTA approval of accelerated schedules required–No re-programming of highway funding for use on transitor vice versa–Project costs capped at Long Range Plan amounts
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Priorities from 2009 Long Range Plan and Measure R
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–Include project planning, design, delivery, and operations
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Seek federal aid for accelerated financial assistance
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Ask LA County Congressional delegation to work with theAdministration on financing mechanisms
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30-10 Intiative Project Acceleration Methodologies
Metro staff report to the Los Angeles County Metropolitan Transportation Authority's Board of Directors on different funding scenarios for transportation projects if Measure R was extended. Measure R is the half-cent sales tax approved by voters in November 2008 to help fund dozens of critical transit and highway projects.
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