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Authority reports $64.6M cash on hand, $110.1M in sales tax revenue for fiscal 2024‑25
Summary
Deputy Director Cynthia Fong told the board the authority held $64.6 million in cash on hand as of June 30, 2025, and collected $110.1 million in sales tax revenue for fiscal 2024‑25, exceeding the budget by 1.7%. The authority is in year one of a three‑year revolving credit agreement and has drawn down prior borrowings to fund capital needs.
The San Francisco County Transportation Authority reported on investments and debt during the Sept. 30 meeting, saying it held $64.6 million in cash on hand as of June 30, 2025.
Cynthia Fong, deputy director for finance and administration, told the board the cash balance represented roughly 61.8% of the authority’s funds in the City and…
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