Financial Information

SBCTA is proud to have been awarded the Distinguished Budget Preparation Award by the Government Finance Officers Association (GFOA) for a total of eighteen years. The Fiscal Year 2025/2026 budget continues to conform to the GFOA program requirements and strives to maintain the high standards established by the organization. 

The Fiscal Year 2025/2026 Budget contains projections and program overviews, as well as supplemental information that presents task-level details with objectives and accomplishments. Additionally, it includes a map and master schedule for each capital project. Goals and objectives for Fiscal Year 2025/2026, budget summaries, and revenue overview are included in the budget document. 

Other budget facts for 2025/2026: 

• The total budget for Fiscal Year 2025/2026 is $1.28 billion, representing a 19.68% increase from the prior year. This is primarily due to increased allocations and pass-through payments to transit operators and other local agencies for transit projects, as well as ongoing construction projects such as Interstate 10 Contract 2, Interstate 15 Contract 1, and the US 395 Phase 2 widening. 

• Major Projects expenditures outpace most other programs at $482.2 million mainly due to several freeway, interchange, and bridge replacement projects in design and continuing to move through construction, including but not limited to Interstate 10 Contract 2, Interstate 15 Contract 1, US 395 Phase 2 widening, Interstate 215 Landscape Bi-County & Segment 5, Interstate 215 University Parkway Interchange, I-10 Mount Vernon Avenue Interchange, Interstate 10 Cedar Avenue Interchange, and bridge replacements including the Mount Vernon Viaduct. 

• New revenues are projected at $1.008 billion, with an additional $279.0 million in carryover fund balances to cover the variance between estimated revenues and appropriations