Orange County Transportation Authority  
Finance and Administration Committee Agenda  
Wednesday, December 3, 2025 at 10:30 a.m.  
Board Room, 550 South Main Street, Orange, California  
Committee Members  
Michael Hennessey, Chair  
Patrick Harper, Vice Chair  
Jamey M. Federico  
William Go  
Carlos A. Leon  
Vicente Sarmiento  
Mark Tettemer  
Any person with a disability who requires a modification or accommodation in order to participate  
in this meeting should contact the Orange County Transportation Authority (OCTA) Clerk of the  
Board's office at (714) 560-5676, no less than two business days prior to this meeting to enable  
OCTA to make reasonable arrangements to assure accessibility to this meeting.  
Agenda Descriptions  
Agenda descriptions are intended to give members of the public a general summary of items of  
business to be transacted or discussed. The posting of the recommended actions does not  
indicate what action will be taken. The Committee may take any action which it deems to be  
appropriate on the agenda item and is not limited in any way by the notice of the recommended  
action.  
Public Availability of Agenda Materials  
All documents relative to the items referenced in this agenda are available for public inspection at  
www.octa.net or through the Clerk of the Board’s office at the OCTA Headquarters, 600 South  
Main Street, Orange, California.  
Meeting Access and Public Comments on Agenda Items  
Members of the public can either attend in-person or access live streaming of the Committee  
meetings by clicking this link: https://octa.legistar.com/Calendar.aspx  
In-Person Comment  
Members of the public may attend in-person and address the Board regarding any item within the  
subject matter jurisdiction of the Orange County Transportation Authority. Please complete a  
speaker’s card and submit it to the Clerk of the Board and notify the Clerk regarding the agenda  
item number on which you wish to speak. Speakers will be recognized by the Chair at the time of  
the agenda item is to be considered by the Board. Comments will be limited to three minutes. The  
Brown Act prohibits the Board from either discussing or taking action on any non-agendized  
items.  
Written Comment  
Written public comments may also be submitted by emailing them to ClerkOffice@octa.net, and  
must be sent by 5:00 p.m. the day prior to the meeting. If you wish to comment on a specific  
agenda Item, please identify the Item number in your email. All public comments that are timely  
received will be part of the public record and distributed to the Board. Public comments will be  
made available to the public upon request.  
Call to Order  
Pledge of Allegiance  
Director Tettemer  
Closed Session  
There are no Closed Session items scheduled.  
Special Calendar  
There are no Special Calendar matters.  
Consent Calendar (Items 1 through 9)  
All items on the Consent Calendar are to be approved in one motion unless a Committee  
Member or a member of the public requests separate action or discussion on a specific item.  
1.  
Approval of Minutes  
Clerk of the Board  
Recommendation(s)  
Approve the minutes of the November 12, 2025 Finance and Administration Committee  
meeting.  
Attachments:  
Minutes  
2.  
Same-Day Taxi Service, Internal Audit Report No. 26-503  
Jonathan Thompson/Janet Sutter  
Overview  
The Internal Audit Department of the Orange County Transportation Authority has  
completed an audit of Same-Day Taxi service. Based on the audit, program and contract  
oversight controls and invoice review controls are adequate and functioning, and Cabco  
Yellow, Inc., doing business as California Yellow Cab, complies with contract terms.  
Recommendation(s)  
Receive and file Same-Day Taxi Service Internal Audit Report No. 26-503, as an  
information item.  
Attachments:  
Staff Report  
Attachment A  
3.  
State Route 55 Improvement Project Between Interstate 405 and Interstate 5,  
Design and Construction Management, Internal Audit Report No. 26-504  
Serena Ng/Janet Sutter  
Overview  
The Internal Audit Department has completed an audit of the design and construction  
management contracts for the State Route 55 Improvement Project between Interstate 405  
and Interstate 5. Based on the audit, oversight and invoice review controls are in place and  
operating effectively and consultants comply with their respective agreements; however,  
one recommendation was made to enhance controls over amendment processing.  
Recommendation(s)  
Direct staff to implement the recommendation provided in State Route 55 Improvement  
Project Between Interstate 405 and Interstate 5, Design and Construction Management,  
Internal Audit Report No. 26-504.  
Attachments:  
Staff Report  
Attachment A  
4.  
91 Express Lanes Update for the Period Ending - September 30, 2025  
Kirk Avila  
Overview  
The Orange County Transportation Authority has owned and managed the operations of  
the 91 Express Lanes since January 2003. Since then, traffic volumes and toll revenues  
have fluctuated with changes in the economy and the added capacity to the State Route 91  
corridor. During the month of September 2025, trips increased by 4.5 percent, reaching  
1.86 million, on the 91 Express Lanes in Orange County. This report focuses on the  
operational and financial activities for the period ending September 30, 2025.  
Recommendation(s)  
Receive and file as an information item.  
Attachments:  
Staff Report  
Attachment A  
Attachment B  
5.  
405 Express Lanes Update for the Period Ending - September 30, 2025  
Kirk Avila  
Overview  
The Orange County Transportation Authority oversees the operations of the 405 Express  
Lanes, which commenced on December 1, 2023. During the month of September 2025,  
transactions increased 12.9 percent while trips grew by six percent on the 405 Express  
Lanes. This report focuses on the operational and financial activities for the period ending  
September 30, 2025  
Recommendation(s)  
Receive and file as an information item.  
Attachments:  
Staff Report  
Attachment A  
6.  
Orange County Transportation Authority Investment and Debt Programs Report -  
October 2025  
Robert Davis/Andrew Oftelie  
Overview  
The Orange County Transportation Authority has a comprehensive investment and debt  
program to fund its immediate and long-term cash flow demands. Each month, the  
Treasurer submits  
a
report detailing investment allocation, performance, compliance,  
outstanding debt balances, and credit ratings for the Orange County Transportation  
Authority’s debt program. This report is for the month ending October 31, 2025. The report  
has been reviewed and is consistent with the investment practices contained in the  
investment policy.  
Recommendation(s)  
Receive and file as an information item.  
Attachments:  
Staff Report  
Attachment A  
Attachment B  
7.  
Environmental  
Mitigation  
Program  
Endowment  
Fund  
Investment  
Report  
for  
September 30, 2025  
Robert Davis/Andrew Oftelie  
Overview  
The Orange County Transportation Authority has developed  
a
Natural Community  
Conservation Plan/Habitat Conservation Plan, acquired conservation properties, and  
funded habitat restoration projects to mitigate the impacts of Measure M2 freeway  
programs. The California Community Foundation manages the non-wasting endowment  
required to fund the long-term management of the conservation properties. Each quarter,  
the California Community Foundation publishes a comprehensive report detailing the  
composition of the pool and its performance.  
Recommendation(s)  
Receive and file as an information item.  
Attachments:  
Staff Report  
Attachment A  
Attachment B  
Attachment C  
8.  
First Quarter Fiscal Year 2025-26 Procurement Status Report  
Pia Veesapen/Andrew Oftelie  
Overview  
The first quarter procurement status report summarizes the procurement activities for  
information purposes to the Orange County Transportation Authority Board of Directors.  
This report focuses on procurement activity from July 1, 2025, through September 30,  
2025, that was approved by the Board of Directors. The first quarter procurement status  
report also projects future procurement activity for the second quarter as identified in the  
fiscal year 2025-26 budget.  
Recommendation(s)  
Receive and file as an information item.  
Attachments:  
Staff Report  
Attachment A  
Attachment B  
Attachment C  
Attachment D  
Attachment E  
Attachment F  
Attachment G  
9.  
Fiscal Year 2025-26 First Quarter Grant Reimbursement Status Report  
Sam Kaur/Andrew Oftelie  
Overview  
The Quarterly Grant Reimbursement Status Report summarizes grant activities for the  
Orange County Transportation Authority Board of Directors. This report focuses on activity  
for the first quarter of fiscal year 2025-26, covering July through September 2025.  
Recommendation(s)  
Receive and file as an information item.  
Attachments:  
Staff Report  
Attachment A  
Attachment B  
Attachment C  
Attachment D  
Regular Calendar  
There are no Regular Calendar items scheduled.  
Discussion Items  
10.  
Express Lanes Programs Update  
Kirk Avila  
Overview  
As the 405 Express Lanes concludes its second year of operations and the 91 Express  
Lanes nears its 30th anniversary, Orange County Transportation Authority staff will present  
an update on both programs.  
Attachments:  
Presentation  
11.  
12.  
13.  
14.  
Public Comments  
Chief Executive Officer's Report  
Committee Members' Reports  
Adjournment  
The next regularly scheduled meeting of this Committee will be held:  
To Be Determined  
OCTA Headquarters  
Board Room  
550 South Main Street  
Orange, California