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Transit fund 'worse than we thought,' transportation director says
Summary
Transportation Director Sean Egan told council that while transit service performance has improved, the transit fund faces a larger-than-expected gap; he and the city manager recalled a FY '25 $10,000,000 surplus and noted last year’s decisions to keep fare-free service and not raise the transit portion of the tax.
Transportation Director Sean Egan told the council that, despite improving service performance, the transit fund’s financial position has deteriorated compared with the same point last year and that the gap between revenues and expenditures is larger than expected.
"While our service performance has continued to improve, our…
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