January 11, 2005

TO:           MTA BOARD OF DIRECTORS

FROM:       ROGER SNOBLE, CHIEF EXECUTIVE OFFICER

State Budget

Governor Schwarzenegger yesterday released his 2005-06 Budget Proposal. The following summarizes the major elements of the Governor’s proposal relating to transportation.

If you have questions concerning the State Brief, please contact Government Relations Manager for State Affairs Michael Turner at (213) 922-2122.