LACMTA Board adopts new FY 2016 budget

Written by Jenifer Nunez, assistant editor
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The Los Angeles County Metropolitan Transportation Authority (LACMTA) Board of Directors has approved a new $5.56 billion FY 2016 budget.

 

LACMTA’s adopted budget is a balanced budget for FY 16, which begins on July 1, 2015 and runs through June 30, 2016 and does not call for any fare changes or major service changes. In FY 16, five major rail lines are in construction, with the Expo Line extension to Santa Monica and the Gold Line Foothill Phase 2A extension to Azusa opening before the summer of 2016.

Rail projects under planning/engineering in FY 16 include the East San Fernando Valley Transit Corridor, the Airport Metro Connector, the South Bay Metro Green Line Extension, the West Santa Ana Branch and the Gold Line Eastside Extension Phase II.

FY 16 budget highlights include $1.5 billion for maintaining the current level of service, $2.1 billion for various capital projects, which include major construction activity for the Regional Connector Project, the Crenshaw/LAX line and the Westside Extension of the Purple Line subway and $1.4 billion is subsidy funding going back to transit operators and the 88 cities and unincorporated areas of Los Angeles County.

 

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