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Metropolitan Transportation Commission Resolution (MTC) No. 4638, Revised. FY 2024-25 Operating and Capital Budgets Amendment No. 1.
Staff requests that the Committee refer MTC Resolution No. 4638 Revised, the MTC FY 2024-25 Operating and Capital Budgets, Amendment No. 1, to the Commission for approval. This amendment increases operating revenue by $10.5 million and operating expenses by $11.4 million. The resulting $0.8 million increase to the projected operating deficit is funded by a draw from fund balance.
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