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SCRTD staff lays out FY2026 budget; capital grant carryovers and federal awards drive large capital program
Summary
Finance staff presented a FY2026 operating budget with $3.31 million in projected revenue and $3.22 million in operating expenditures, leaving a carryover. The presentation also outlined substantial capital carryovers and multiple federal and state grant sources including CMAQ and FTA 5339 funds.
Adam Shea, presenting the draft fiscal year 2026 budget at the May 28 board meeting, said the district expects $3,310,559.65 in revenue and proposed operating expenditures of $3,219,760.75, leaving a carryover balance of $90,798.89.
Shea summarized personnel costs at $1,890,965.95 and employee benefits at $637,542.81, the latter driven by a health‑care cost adjustment. He described other operating subtotals including travel and…
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