Financial Information

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SBCTA is proud to have been awarded the Distinguished Budget Preparation Award by the Government Finance Officers Association (GFOA) for a total of 19 years. The Fiscal Year 2026/2027 budget continues to conform to the GFOA program requirements and strives to maintain the high standards established by the organization. 

 The Fiscal Year 2026/2027 Budget provides an overview of major capital construction, operational priorities, and strategic initiatives aligned with the agency’s refined goals. It outlines agencywide objectives such as data‑driven project delivery, technology modernization, regional coordination, and long‑range planning supported. The budget incorporates summary‑level financial information including revenue composition, expenditure categories, and overall program funding that guides project and operational implementation for the year.

Other budget facts for 2026/2027: 

• The total budget for Fiscal Year 2026/2027 is $1.46 billion, representing a 2.02% decrease from the prior year’s revised budget. The decrease is primarily due to the timing and lower‑than‑anticipated cost of the 2026A Sales Tax Revenue Bond issuance, originally estimated at $200 million but issued at $150 million. 
• Major construction and corridor improvement projects continue to drive expenditures, including Interstate 15 Contract 1, US 395 Phase 2, Interstate 10 Contract 2, and the I‑10 Mount Vernon Interchange, along with commencement of revenue service for the West Valley Connector transit investment. These activities reflect significant ongoing capital delivery supported by Measure I and external funding sources. 
• New revenues are projected at $1.097 billion, with an additional $364.3 million in carryover fund balances to cover the variance between estimated revenues and appropriations.