Bill > HF2204

This bill modifies financial reporting requirements for the Metropolitan Council's transportation services, primarily focusing on enhancing transparency and detail in financial reviews and reporting. The bill requires the Metropolitan Council to submit two annual financial reviews: one by January 15 that details transportation revenue and expenditures using state fiscal years, and another by August 15 that provides actual financial data for the most recently completed budget year. These reviews must include comprehensive breakdowns of revenues, expenditures, transfers, reserves, and balances across various transportation funding sources and budget categories, such as bus, light rail, commuter rail, and special transportation services. Additionally, the bill changes reporting deadlines for transit cleanliness, moving the annual report from October 1 to February 15, and requires more detailed information about cleaning expenditures, repair frequencies, and strategies for addressing persistent maintenance issues. The bill also requires replacement service providers to report their projected operating expenditures and reserve fund balances by December 15 each year. Finally, the bill repeals a previous statute related to transit operating reserves, effectively consolidating and streamlining the reporting requirements for the Metropolitan Council's transportation services. The changes are specifically applicable to the seven-county metropolitan area: Anoka, Carver, Dakota, Hennepin, Ramsey, Scott, and Washington counties.

Transportation and Infrastructure

https://www.revisor.mn.gov/bills/bill.php?b=House&f=HF2204&ssn=0&y=2025