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S.F. No. 2752 - Met Council Budget Assumptions
 
Author: Senator David J. Osmek
 
Prepared By: Alexis C. Stangl, Senate Counsel (651/296-4397)
 
Date: February 26, 2018



 

Section 1 [Budget assumptions] requires the Metropolitan Council to do three things as part of its budget submission to the legislature:  (1) identify the budget assumptions used to prepare the submission; (2) provide copies of any reports or applications that were submitted to the Federal Transit Administration and identify the assumptions made in those reports and applications; and (3) explain the impact of the identified assumptions on the Council’s forecast.

Section 2 [Legislative report] requires the Council, as part of its legislative report, to identify and explain assumptions and methodologies used to prepare the report.  (The legislative report is submitted each even-numbered year and is a report on transit finance in the metropolitan area.)

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