The Los Angeles Metropolitan Transportation Authority has prepared a 2018 to 2019 budget that includes spending of $6.6 billion.
The budget is considered the largest in the agency’s history and will take effect on July 1.
Approximately $1.74 billion will be used for rail and transit initiatives and $250 million for highway projects. And approximately $980 million will be spent on the $2.5 billion second phase of the Purple Line Westside Subway extension. Another $1.8 billion will be spent on operations and maintenance; $493 million for “state of good repair” improvements; $1.5 billion to subsidize local transportation agencies and regional rail; $167 million on planning and studying future projects; and $417 million to pay off existing Metro debt.
To read the full proposal, click here.
