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File #: 24-5904   
Type: Orange County Transportation Authority Item Status: Committee Ready - Regular Calendar
File created: 12/5/2024 In control: Finance and Administration Committee
On agenda: 1/22/2025 Final action:
Title: Fiscal Year 2024-25 First Quarter Budget Status Report
Sponsors: Victor Velasquez, Andrew Oftelie
Attachments: 1. Staff Report, 2. Attachment A

Subject

title

Fiscal Year 2024-25 First Quarter Budget Status Report

overview

Overview

Orange County Transportation Authority staff has implemented the fiscal year 2024-25 budget.  This report summarizes the material variances between the budget and actual revenues and expenses through the first quarter of fiscal year 2024-25.

 

recommendation

Recommendation(s)

Approve a budget amendment to the fiscal year 2024-25 405 Express Lanes Budget, reducing it from $57,230,430 to $42,603,879.