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Authority approves budget amendment after contract renegotiation that saved about $500,000
Summary
Staff reported a renegotiated Metra/Hector contract will save a little over $500,000 in 2026; the board approved a budget amendment to return those savings to fund balance.
The Montgomery County Toll Road Authority approved a budget modification to reflect savings from contract renegotiations.
A staff member told the board that "Metra has renegotiated their Hector contract, which has saved the the total a little over $500,000 is what we're anticipating, for 2026." The board moved, seconded and approved the budget amendment, which will return the anticipated savings to fund balance.
The staff member and presenters did not provide a line-item breakdown in the session; staff will include detailed accounting in future budget documents.
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