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Muni projects two‑year budget gaps; board hears plan mixing fees, reserves and service changes
Summary
MTA officials told the Budget & Finance Committee the agency faces a $15.3 million gap for FY2009 and a $66.2 million gap for FY2010. Their proposed two‑year balancing plan relies on Prop A revenue, increased permit/fee revenue, potential parking meter and citation changes, fare/pass adjustments and use of fund balance; supervisors pressed for detail, neighborhood impacts and enforcement metrics.
Muni staff presented a two‑year budget to the Board’s Budget & Finance Committee that showed a projected FY2009 shortfall of about $15.3 million and a larger FY2010 gap of roughly $66.2 million. Nat Ford (MTA) and Sonali Bose (MTA) outlined a mix of revenue and expense steps aimed at balancing those years.
Key revenue measures presented to close the first‑year gap include tighter cost recovery for neighborhood permits, revised special event and street use fees, a proposed $10 increase in the monthly FastPass, and…
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