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November 8 Agenda Item 2
Attachments:
Attachment NameAttachment SizeAttachment Date
Size: 10K
Last Updated: 2010/10/29
Size: 169K
Last Updated: 2010/10/29
Size: 684K
Last Updated: 2010/10/29
Subject:
Review the Greater Portland Transportation District's, A.K.A METRO, proposed preliminary budget and municipal subsidy formula.

ACTION: Council action is not anticipated.
Summary:
The Greater Portland Transportation Disctrict, A.K.A METRO, is required by statute to submit a preliminary budget and municipal allocation subsidy formula no later than October 31. The Town Council has 30 days to reject the proposed formula.

A legal explanation about the budget process, the FY11 Preliminary Budget introduction letter and the FY11 Preliminary budget is attached.