TO: | Honorable Tommy Williams, Chair, Senate Committee on Transportation & Homeland Security |
FROM: | John S O'Brien, Director, Legislative Budget Board |
IN RE: | SB650 by Hegar (Relating to management of certain metropolitan rapid transit authorities.), As Introduced |
The bill would amend the Transportation Code to implement recommendations from the Sunset Commission for the Capital Metropolitan Transportation Authority (Capital Metro). The bill would require the Capital Metro board to annually adopt a balanced budget that includes operating and capital spending; develop a five-year capital plan; and adopt and annually reevaluate a five-year strategic plan.
The bill also would require the board to maintain a reserve equal to at least two months of operating expenses at the beginning of the fiscal year. The board would be required to employ a rail director; maintain a comprehensive rail safety plan; and regularly report on rail system safety to the Texas Department of Transportation. Capital Metro would be required to competitively bid and purchase all transit services not directly provided by its own employees.
Source Agencies: | 116 Sunset Advisory Commission
|
LBB Staff: | JOB, KJG, TP, SD
|