Todd Spitzer
Chairman, Finance and Administration Committee @Orange County Transportation Authority
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WORK HISTORY
Chairman, Finance and Administration Committee @Orange County Transportation Authority
The Finance and Administration Committee is tasked with reviewing and providing recommendations to the Board of Directors on a variety of financial and administrative matters including but not limited to investments, debt financing, financial operations, financial reporting, human resources, risk management, and information systemsAs Chairman, Spitzer oversees the finances of the $ 1.2 billion agency and the funds managed through the County\'s sales tax, know as Measure M and Measure M 2. OCTA outstanding investments total $1.4 billion and a debt portfolio of $495.6 million.Spitzer also oversees the 91 express lanes, 11 miles of toll lanes connecting Riverside and Orange Counties. The project was authorized as a toll road by the State of California legislature in 1989. Built at a cost of $135 million, the toll road opened in 1995. The California Private Transportation Company was the original owner of the 91 Express Lanes. An agreement with the State of California Department of Transportation (Caltrans) included a non-compete provision that created a 1.5-mile protection zone along each side of the Riverside Freeway. To mitigate growing concerns over congestion, the Orange County Transportation Authority acquired the 91 Express Lanes franchise rights in January 2003. This eliminated the non-compete provision, clearing the way for future enhancements that will increase capacity and improve traffic flow along the SR-91 corridor.The Orange County Transportation Authority Board of Directors approved the issuance of Senior Lien Toll Road Revenue Refunding Bonds (91 Express Lanes), Series 2013 on July 22, 2013. The 2013 Bonds are rated A1, A, A- respectively by Moody’s, S&P and Fitch Ratings. Barclays was the senior managing underwriter. The offering was overprescribed based on the solvency and confidence in OCTA.
EDUCATION
Harvard Kennedy School
Executive Education, Public Policy Analysis
University of California, College of the Law, San Francisco (formerly UC Hastings)
J.D., Law
UCLA
B.A., English
Harvard Kennedy School
Advanced Public Policy Study, Public Policy Analysis
University of California, Berkeley
M.P.P., Masters in Public Policy
ABOUT TODD SPITZER
Attorney at Law since 1990. Campaign Manager, Proposition 9 (2008), aka \"Marsy\'s Law\" Victim Bill of Rights; Former Orange County (CA) Supervisor (19••••02); Former California State Assemblymember (20••••08); Former Orange County Prosecutor (19••••96; 20••••10). Specialties: Victims\' Rights; business negotiations including mediation and problem solving. Teaches social media and succession planning.
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