Public Hearing on Metro Budget

by Damien Newton on May 8, 2008

When
May 14, 2008   2:30 pm   

Metro will hold a public hearing on a draft $3.370 billion budget for Fiscal Year 2008-09 on Wednesday, May 14, at 2:30 p.m. in the third floor Board room at Metro Headquarters, One Gateway Plaza next to Union Station in downtown Los Angeles.

The public can view copies of the budget proposal at Metro.net or request a copy by calling Charlene Aguayo in Metro Records Management at (213) 922-2342.

Metro directors will consider adopting the budget at their Thursday, May 22, meeting that starts at 9:30 a.m. at Metro headquarters. The fiscal year begins July 1, 2008.

CEO Roger Snoble has proposed a spending plan that is $230 million or 7.3 percent more than the current Metro budget. The increase is largely due to increased transportation subsidies for municipal bus operators, paratransit service, Metrolink, the County of Los Angeles and cities, preparation to start new Metro Gold Line service to East Los Angeles later in 2009, and rehabilitation of older Metro Rail cars.