13. SUBJECT: CONTINUING RESOLUTION FOR FISCAL YEAR 2021 BUDGET A. ADOPT a continuing resolution to extend FY20 budget authorization for one quarter into FY21 until September 2020 when Fiscal Year 2021 (FY21) budget is considered for Board adoption B. AUTHORIZE the CEO to execute the adopted continuing resolution through first quarter of FY21 until October 1, 2020 C. AUTHORIZE the extension of all annual Operating and Fare subsidy Memorandums of Understanding (MOUs) subject to available funds until such time as the FY21 budget is adopted - Metro Los Angeles

Meeting: Board of Directors - Regular Board Meeting on 2020-05-28 10:00 AM

Meeting Time: May 28, 2020 at 10:00am PDT

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Agenda Item

13. SUBJECT: CONTINUING RESOLUTION FOR FISCAL YEAR 2021 BUDGET A. ADOPT a continuing resolution to extend FY20 budget authorization for one quarter into FY21 until September 2020 when Fiscal Year 2021 (FY21) budget is considered for Board adoption B. AUTHORIZE the CEO to execute the adopted continuing resolution through first quarter of FY21 until October 1, 2020 C. AUTHORIZE the extension of all annual Operating and Fare subsidy Memorandums of Understanding (MOUs) subject to available funds until such time as the FY21 budget is adopted