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SFMTA trims FY25‑26 budget, deletes more than 500 vacant positions and narrows FY26‑27 deficit to $307 million; long‑term shortfall remains
Summary
CFO Bree Mahorter told the board that SFMTA reduced the FY25‑26 budget by roughly $22 million and removed more than 500 budgeted positions (all vacant) to better align staffing with available resources; the agency now projects a $307 million deficit in FY26‑27 and said the regional revenue measure alone will not close long‑term gaps.
SFMTA Chief Financial Officer Bree Mahorter reported to the board on changes made in the FY25‑26 off‑cycle budget and the agency’s five‑year financial outlook, emphasizing that staff tightened the budget and reduced the number of budgeted but unfilled positions.
Key points: Mahorter said the agency reduced planned expenditures by about $22 million for the FY25‑26 year and deleted “over 500 positions” from the budget; she said the deleted positions were vacant and that current service levels remain in place. The deletion was intended to align the budgeted headcount with realistic funding levels and to reduce the number of positions…
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