Capital assets including land , right - of - way improvements , and machinery and equipment , are reported in the government - wide financial statements . Capital assets are defined by the OCLTA as assets with an initial , individual cost of more than $ 5 and a useful life exceeding one year .
The 405 EL uses these capital assets to provide improved mobility for 405 EL customers and commuters along the SR - 405 corridor . The increase of $ 18 , 041 , 106 in net investment in capital assets was primarily due to increase in capital assets acquired to support the operations of the 405 EL .
In our opinion , the accompanying financial statements referred to above present fairly , in all material respects , the financial position of the 91 EL , a major enterprise fund of OCTA , as of June 30 , 2022 , and the changes in its financial position and its cash flows thereof for the year then ended in accordance with accounting principles generally accepted in the United States of America .
Capital assets including land , right - of - way improvements , and machinery and equipment , are reported in the government - wide financial statements . Capital assets are defined by the OCLTA as assets with an initial , individual cost of more than $ 5 and a useful life exceeding one year .
Capital assets including land , right - of - way improvements , and machinery and equipment , are reported in the government - wide financial statements . Capital assets are defined by the OCLTA as assets with an initial , individual cost of more than $ 5 and a useful life exceeding one year .
Every year the Orange County Transportation Authority ( OCTA ) determines if a local jurisdiction is eligible to receive Measure M net revenues . A local jurisdiction must satisfy certain requirements .
Senior Mobility Program or SNEM FY 2011 - 12 6 / 30 / 11 9 / 9 / 11 11 / 15 / 11 1 / 17 / 12 3 / 6 / 12 5 / 15 / 12 6 / 30 / 12
The description of this project is installation of electrical service infrastructure and equipment , emergency stand - by generator , Authority furnished battery - electric bus chargers , and related work at Santa Ana Bus Base .
This action provided $ 243 million in state and federal funding commitments toward freeway , local interchange , and rail projects in Orange County and supports OCTA ’ s initiative to invest more than $ 5 billion in transportation improvements to reduce congestion , improve mobility and enhance safety throughout Orange County .
Applicant initially requested less funding but award is increased to reflect consistent equipment unit costs . Total project cost is $ 4 . 70 million for IMP and O & M , which is equivalent to the M2 grant plus local match . Applicant requested additional funding but award is reduced to reflect updated cost estimate for Task 2 .