Subject
title
Reserve Policy Update
overview
Overview
The Orange County Transportation Authority is committed to prudent fiscal management and maintaining the ability to fund its programs and services during times of economic uncertainty. The Orange County Transportation Authority has a history of maintaining reserves to mitigate the impacts of financial risks to the programs it operates. Staff is proposing to update the reserve policy to increase the minimum balance requirement for the general liability reserve.
recommendation
Recommendation(s)
Adopt the Proposed Reserve Policy dated June 23, 2025, and implement the policy in current and future financial plans.