Subject
title
Final Approval of the Los Angeles-San Diego-San Luis Obispo Rail Corridor Agency Business Plan for Fiscal Years 2025-26 and 2026-27
overview
Overview
The Los Angeles - San Diego - San Luis Obispo Rail Corridor Agency is required to submit an annual business plan to the California State Transportation Agency by April 1st of each year that provides the basis for its annual budget request, outlines operations and service goals, and discusses any proposed changes to the Pacific Surfliner intercity passenger rail service. Staff has prepared a draft of the Annual Business Plan for fiscal years 2025-26 and 2026-27 for the Board of Directors’ review.
recommendation
Recommendation(s)
A. Adopt the Los Angeles - San Diego - San Luis Obispo Rail Corridor Agency business plan for fiscal years 2025-26 and 2026-27.
B. Direct staff to submit the Los Angeles - San Diego - San Luis Obispo Rail Corridor Agency business plan for fiscal years 2025-26 and 2026-27 to the Secretary of the California State Transportation Agency by April 1, 2025.
C. Direct staff to return to the Board of Directors in June 2025, as needed, with an updated business plan that includes any revised budget assumptions consistent with revenue and expense estimates developed by Amtrak and the State-Amtrak Intercity Passenger Rail Committee.
D. Authorize the Managing Director to approve total advertising expenditures to exceed $100,000 in Fiscal Year 2025-26 with Facebook and Google for digital ad placements.