Lane Transit District Seeking Public Comment
Media Contact: Therese Lang
Lane Transit District presented its draft 2017-2026 Long Range Financial Plan (LRFP) as well as the draft 2017-2026 Capital Improvements Program (CIP) to the Board of Directors on Wednesday, April 19, 2017, and the public comment period is now open.
The LRFP is the basis for LTD’s 2018-2019 budget and draws on analysis and projections from the previous fiscal year. Key performance indicators such as local economic trends and the effect on payroll tax receipts are considered.
The CIP has two fundamental objectives: to facilitate the efficient use of LTD’s limited financial resources; and to implement regional priorities that anticipate the need for public transportation in the future.
The public comment period closes at 5:00 p.m. on Wednesday, May 17. Comments will be forwarded to Board members prior to the meeting scheduled for that evening. The Board will subsequently take a vote on the adoption of these plans.
For more information about these two plans, visit www.ltd.org or send public comments to email@example.com.