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TJPA board approves roughly $29.2 million preliminary operating projection; operator contributions fall 25%
Summary
The Transbay Joint Powers Authority board unanimously approved a preliminary FY2026–27 operating projection of about $29.2 million on Jan. 22; staff said higher reimbursements, advertising and retail revenue and a $2.5 million RM2 allocation reduced required operator contributions to $3.4 million (25% lower).
The Transbay Joint Powers Authority board on Jan. 22 approved a preliminary operating projection for fiscal year 2026–27 totaling approximately $29.2 million, with staff citing stronger projected operating resources and revenue growth that reduce the contribution required from transit operators.
"Our preliminary operating budget totals approximately $29,200,000," CFO Sheema Mirzai told the board. Mirzai said projected operating resources have increased since September, allowing staff to reduce the required transit operator contribution by about $1.1 million "to a total of $3,400,000 which is 25% lower than…
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