LA Metro Finance, Budget and Audit Committee · Jul 16, 2026
Thursday22 min1 official identified0 public speakers11 agenda itemsVideo: Granicus
The longest item after routine business: Access services fiscal year 2027 proposed budget, 9 min of this 22 min meeting.
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Agenda · 11 itemsShowHide
- 0:43Roll Call: 4 members present, 2 members absent, 0 members excused.
- 3:45APPROVE Consent Calendar Items: 24, 25, 26, 27, and 28. Consent Calendar items are approved by one motion unless held by a Director for discussion and/or separate action.
- 6:36Motion to Approve APPROVE Consent Calendar Items: 24, 25, 26, 27, and 28. Consent Calendar items are approved by one motion unless held by a Director for discussion and/or separate action. Moved by 0, no second required.
- 6:41Vote to Approve APPROVE Consent Calendar Items: 24, 25, 26, 27, and 28. Consent Calendar items are approved by one motion unless held by a Director for discussion and/or separate action. (Declined)
- 6:56Vote to Approve APPROVE Consent Calendar Items: 24, 25, 26, 27, and 28. Consent Calendar items are approved by one motion unless held by a Director for discussion and/or separate action. (Approved)
- 6:59CONSOLIDATED AUDIT FOR FISCAL YEAR 2025 RECEIVE AND FILE the Consolidated Audit Financial and Compliance Reports completed by Vasquez and Company (Vasquez) and Simpson and Simpson (Simpson), certified public accountants, for the fiscal year ended June 30, 2025 (FY25).
- 9:27Tim Sandoval was called to speakAra Najarian was called to speakAra Najarian was called to speakTim Sandoval was called to speak
- 12:26ACCESS SERVICES FISCAL YEAR 2027 PROPOSED BUDGET CONSIDER: A. APPROVING local funding request for Access Services (Access) in an amount not to exceed $240,986,909 for FY27. This amount includes: 1. Local funds for operating and capital expenses in the amount of $238,218,046 2. Local funds paid directly to Metrolink for its participation in Access' Free Fare Program in the amount of $2,768,863 B. AMENDING the FY27 Budget by $27,150,139 to fully fund Recommendation A; and C. AUTHORIZING the Chief Executive Officer (CEO) to negotiate and execute all necessary agreements to implement the above funding program.
- 22:24ACCESS SERVICES FISCAL YEAR 2027 PROPOSED BUDGET CONSIDER: A. APPROVING local funding request for Access Services (Access) in an amount not to exceed $240,986,909 for FY27. This amount includes: 1. Local funds for operating and capital expenses in the amount of $238,218,046 2. Local funds paid directly to Metrolink for its participation in Access' Free Fare Program in the amount of $2,768,863 B. AMENDING the FY27 Budget by $27,150,139 to fully fund Recommendation A; and C. AUTHORIZING the Chief Executive Officer (CEO) to negotiate and execute all necessary agreements to implement the above funding program. Moved by 0, no second required.
- 22:31ACCESS SERVICES FISCAL YEAR 2027 PROPOSED BUDGET CONSIDER: A. APPROVING local funding request for Access Services (Access) in an amount not to exceed $240,986,909 for FY27. This amount includes: 1. Local funds for operating and capital expenses in the amount of $238,218,046 2. Local funds paid directly to Metrolink for its participation in Access' Free Fare Program in the amount of $2,768,863 B. AMENDING the FY27 Budget by $27,150,139 to fully fund Recommendation A; and C. AUTHORIZING the Chief Executive Officer (CEO) to negotiate and execute all necessary agreements to implement the above funding program. (Approved)
- 22:33GENERAL PUBLIC COMMENT RECEIVE General Public Comment
What happened
Each sentence checked against the transcript.
- A committee member asked a question on consent calendar item 24, and staff answered about Metro’s liability coverage, described as a $300 million layer.4:03
- No public comment was received on consent calendar items 24 through 28, and the consent calendar was announced as moved.6:35
- Management Audit Services staff presented item 29, the consolidated audit for fiscal year 2025, covering Propositions A and C and Measures R and M local return.7:05
Who spoke
1 official identified · talk time, most first.
- Tim SandovalChair · 4.2 min
Public comment: 0 speakers.
How we count
Each summary sentence is checked against the transcript before it is published; in a blind check, 98 of 100 sentences were right. A voice gets an official’s name only when two AI readers and a code check agree, so the minutes undercount and are not attendance. Officials only: members of the public are counted, never named, shown or quoted, and full transcripts aren’t published because they can carry their names. More on how we know
Cite this page
Hamlet, “LA Metro Finance, Budget and Audit Committee, Jul 16, 2026: Los Angeles.” https://cities.myhamlet.com/la/metro-finance-budget-audit/meetings/2026-07-16. Data as of Oct 9, 2026 (version d14b03c); meeting of Jul 16, 2026.