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TIMA outlines FY26 funding gaps after $20M EPA grant ended; proposes $1M capital contribution to ferry charging
Summary
TIMA staff told the committee that the termination of a $20 million EPA grant left gaps in planned services and projects; TIMA’s FY26 budget is $4.6 million and staff propose using DDA capital funds and up to $1 million toward a $4.1 million ferry charging infrastructure need while pursuing grants and other sources.
On Oct. 28 the Treasure Island Mobility Management Agency Committee received an informational update on TIMA’s FY26 budget and a proposed funding strategy to fill gaps left when a $20,000,000 EPA grant ended earlier this year.
Swanee Cho, assistant deputy director for planning, said the adopted FY26 budget totals $4.6 million and covers ferry terminal enhancements and other program priorities. Cho said TIMA is pursuing two funding streams from the disposition and development agreement (DDA) with the developer — an operating subsidy to support early operations and a capital fund for capital expenses — and staff are working with the developer to finalize protocols for those funds.
Cho said the electric ferry charging infrastructure construction need totals about $4.1 million; TIMA proposes contributing up to $1,000,000 from the capital fund and is discussing additional sources with SF Bay Ferry. The agency is also seeking grant funding for bus shelters that could reduce a remaining need for shelter funding from $800,000 to $200,000 if successful, with a grant decision expected in December.
TIMA is planning to expand Bay Wheels bike share on the islands and has secured some operating funding; staff expect to bring an agreement for about 30 bikes and stations, with deployment possible as early as May 2026. The agency said an on‑island shuttle is a high priority and staff are budgeting a launch in 2027, using a mix of the developer operating subsidy, Prop L TDM funds, and other sources.
Cho told the committee TIMA needs additional program management funds for evaluation, data collection, grant strategy, early project development and administrative functions. She said some requests are one‑time startup costs to build tools for the organization but that ongoing expenses are expected to ensure TIMA can implement and manage services efficiently. Staff plan to return with an update in early 2026 prior to the spring budget amendment.
The item was presented for information; the committee did not take action at this meeting.
