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6 <br /> BACKGROUND <br /> The governing boards of GoTriangle, DCHC MPO, and the Orange County Board of Commissioners <br /> adopted the first Bus and Rail Investment Plan in 2012, prior to the referendum on the transit sales tax. <br /> Following adoption of the transit sales tax referendum and passage of the Orange County transit sales tax <br /> referendum in 2012,an Interlocal Agreement(ILA)was adopted by the three parties in 2013.The ILA guides <br /> the overall implementation of the four transit tax funds and the expanded transit network they are used to <br /> fund. The ILA also created the Staff Working Group (SWG), comprised of staff from the three ILA parties. <br /> ORANGE <br /> COUNTY <br /> NORTH CAROLINA <br /> I <br /> Orange <br /> Transit <br /> Plan <br /> DURHAM•CHAPEL IAILL•CARRBDRO <br /> DCHCTriangle <br /> METROPOUTAM PLAWNG ORGANfZAT10M <br /> Per the ILA, the SWG is charged with producing a recommended Orange Annual Transit Work Program <br /> (Work Program), comprised of annual operating and capital budgets, including future assumptions of <br /> spending on those operating and capital projects. This Draft FY24 Work Program operates under the <br /> current Orange Transit Plan and anticipates a 2023 adopted Orange Transit Plan by the GoTriangle Board <br /> of Trustees, the DCHC MPO Board, and the Orange County Board of Commissioners. The Draft FY24 <br /> Work Program incorporates high-priority projects identified through the planning process for the new <br /> Orange County Transit Plan. Those projects that require an amendment to the 2017 Plan, per the existing <br /> ILA, will undergo that process prior to adoption of the FY24 Work Program. <br /> There is a process underway to examine the ILA and make recommendations for amendments. It is likely <br /> that a new ILA will be adopted and in place for the FY24 Work Program. <br />