WeGo seeks $77.7 million in new operating investments and a 30% operating reserve in FY25-26 submission to Metro

WeGo staff submitted their fiscal year 2025-26 operating request to Metro as required by the Metro budget calendar. The submission contains a baseline operating request and a substantial investment package tied to the Choose How You Move program.

Baseline and investment totals: The baseline operating request submitted to Metro was $88,800,000 to continue current services with inflationary adjustments. The investment request totals $77,700,000 and is composed of one-time and recurring proposals related to Choose How You Move. The largest single line in the investment package is a proposed one-time transfer to an operating reserve: $47,200,000 to establish a minimum operating reserve equal to 30% of operating expenses (three months). Staff said this reserve would provide short-term liquidity, reduce reliance on the agency line of credit and…