Subject
title
Approval of Board Member Travel
overview
Overview
On an annual basis, OCTA conducts a series of meetings with the rating agencies, financing institutions, and other interested parties in New York. This year, OCTA representatives will be discussing various issues affecting the agency with New York analysts. These topics include the Interstate 405 Express Lanes, 91 Express Lanes, Measure M2 Program, sales tax collections, Fiscal Year 2024-25 approved budget, and the status of the local economy. Meetings have been scheduled with Moody’s Investor Service, Fitch Ratings, Standard & Poor’s and other interested parties. The meetings will take place the week of July 29, 2024.
recommendation
Recommendation
Approve the travel to New York for Chair Tam T. Nguyen and Finance and Administration Committee Chair Michael Hennessey for the Orange County Transportation Authority’s Annual Rating Agency Trip.