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File #: 17-716   
Type: Orange County Local Transportation Authority Item Status: Committee Ready - Regular Calendar
File created: 8/22/2017 In control: Executive Committee
On agenda: 9/7/2017 Final action: 9/11/2017
Title: Next 10: Market Conditions Forecast and Risk Analysis
Sponsors: Tamara Warren, Kia Mortazavi
Indexes: M2
Attachments: 1. Transmittal, 2. Staff Report, 3. Attachment A, 4. Attachment B, 5. PowerPoint

Title

Next 10: Market Conditions Forecast and Risk Analysis

 

Overview

A Market Conditions Forecast and Risk Analysis has been prepared to inform the Orange County Transportation Authority’s Next 10 Plan. The Next 10 Plan provides the framework to accelerate the delivery of Measure M2 freeway, streets and roads, transit, and environmental projects through the year 2026. In response to lower actual sales tax revenue, new forecasting methodology, and increased competition for available resources due to capital work underway in the Southern California Region, a Market Conditions Forecast and Risk Analysis was conducted. The report and findings are presented to the Board of Directors for review. 

 

Recommendation(s)

A.                     Receive and file the Next 10 Market Conditions Forecast and Risk Analysis.

 

B.                     Continue to monitor the changing environment and its effects on the advancement of the Next 10 Delivery Plan.

 

C.                     Continue to prioritize Measure M2 projects for external funding consistent with the Orange County Transportation Authority’s adopted programming policies.