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7 <br /> BACKGROUND <br /> The governing boards of GoTriangle, DCHC MPO, and the Orange County Board of Commissioners adopted the first Bus <br /> and Rail Investment Plan in 2012, prior to the referendum on the transit sales tax. Following adoption of the transit sales <br /> tax referendum and passage of the Orange County transit sales tax referendum in 2012,an Interlocal Agreement(ILA)was <br /> adopted by the three parties in 2013. The ILA guides the overall implementation of the three transit tax revenues and <br /> the expanded transit network they are used to fund.The governing bodies of the ILA are: <br /> • Research Triangle Regional Public Transportation Authority(Go Triangle) <br /> • Durham-Chapel Hill-Carrboro Metropolitan (DCHC MPO) <br /> • Orange County <br /> In 2023, The Comprehensive Participation Agreement (CPA) was approved by all project sponsors and updated the Staff <br /> Working Group (SWG), comprised of staff from all CPA parties. <br /> Orange <br /> ® • Triangle <br /> County <br /> Hillsborough • . Chapel Hill <br /> Per the ILA and CPA, the SWG is charged with producing a recommended Orange Annual Transit Work Plan (AWP)to the <br /> governing boards. The AWP is comprised of annual operating and capital budgets, including future assumptions of <br /> revenue and spending on those operating and capital projects. This Draft FY25 work program operates under the current <br /> 2022 Orange Transit Plan. <br /> 5 <br />