Transportation Authority gives final approval to 2024 annual report, lists grants and project priorities

The San Francisco County Transportation Authority on Jan. 28 gave final approval to its 2024 annual report by an 11-0 roll-call vote, endorsing a summary of the authority's planning, funding and project-delivery work during the prior year and priorities for 2025.

Executive Director Tilly Chang presented the report and framed the authority's role as "plan, fund, deliver, repeat," saying the document covers statutory roles, funding administered on behalf of voters and project delivery responsibilities. Chang noted the authority manages roughly $108,000,000 in annual sales tax revenue and highlighted several major grants and projects secured or advanced in 2024, including a reported $3.4 billion commitment toward the downtown rail extension/portal, Caltrain electrification (cited as $2.4 billion), and federal and regional grant awards that included a $25,000,000 USDOT grant to BART and a $10,000,000 RAISE grant for SFMTA Presidio Yard site planning.

The presentation also covered local projects the authority funds or oversees: Yerba Buena Island and Treasure Island construction and housing delivery (the authority cited support for up to 8,000 units with 27% affordable housing), West Side Bridges ramp retrofit (about $130,000,000), street repaving and quick-build safety projects tied to Proposition L and other local funding streams, and ongoing support for Muni vehicle and subway renewal programs. Chang described Proposition L's reauthorization as a strong citywide endorsement in November (passed 71.9%) that underpins much of the authority's capital program.

Public commenters reiterated concern about the city's fiscal position and questioned spending priorities, citing specific studies and projects they said should be deferred in favor of preserving Muni operating capacity. After the public-comment period Commissioner Mandelmann moved and Commissioner Walton seconded final adoption of the report; roll-call voting recorded 11 ayes and the board adopted the report.

The authority's adopted report summarizes prior-year achievements and frames the authority's 2025 priorities around regional collaboration, addressing transit operating shortfalls and continuing capital work on safety, vehicle replacement, facility upgrades and the Yerba Buena Island program. The board did not amend the report at the meeting; staff said they will continue oversight and reporting on the projects and grants described in the document.