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Orange County FY25 Annual Work Program 19 <br /> Administration <br /> REQUEST# Project Name Requesting Agency <br /> 21GOTADI Tax District Administration Finance Team GoTriangle <br /> Estimated Start Date Estimated Completion Orange Transit Estimated Operating Cost <br /> FY2025 (Current) $ 196,800 <br /> July 1, 2018 Ongoing FY 2026 (Subsequent) $ 201,720 <br /> Project Description/Scope Enter below a summary of the project that may later be used as the project <br /> The project request is a continuation of on-going operating and consolidation of 19GOT_AM and 20GOT_AD1 <br /> submissions approved in previous work plans with a revised project name of Tax District Administration Finance Team. <br /> Financial oversight staff to the Orange Transit Plan for a total of 1.0 FTE. In FY25 the roles will continue improve financial <br /> policies, provide financial analysis for the new Transit plan development including the commuter rail project, and process <br /> quarterly reimbursements and reporting. The 1.0 FTEs will also be responsible for producing annual operating and capital <br /> budgets and ordinances(and amendments thereto), updating the Orange Transit financial plan/model, annual financial <br /> reports, coordinating integration of proposed plans into the budget, monitoring spending to ensure the Orange Transit <br /> budget stays balanced.The team will also navigate and lead the process of debt issuance,transit fund revenue investing <br /> and the yearend financial audit for the Orange Transit Plan. <br /> Project Goal <br /> Position filled 100% <br /> Project Matrics <br /> Position status <br /> 17 <br />