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Officials said the agency continues highlighting the importance of fiscal planning in an environment where operational costs are rising faster than revenues, impacting transit agencies across the region.
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The proposed plan will now be resubmitted to the MTA Capital Program Review Board in Albany, signaling a major step forward for what MTA officials are calling the agency's most rigorously developed capital program.
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Why it's time for public transit agencies to shift focus from the size of their budgets to how effectively those funds drive service on the street.
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Facing a $213 million deficit, SEPTA is launching the next phase of its Efficiency & Accountability Program, building on employee-led innovations, fare enforcement, and real estate development.
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MTS has balanced its FY 2026 budget with projected revenues and expenses at $473.1 million.
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The approved budget continues to fund WMATA at levels where service is safe, frequent, and reliable.
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The release of the budget comes amid critical negotiations on a statewide transit funding plan introduced in February by Gov. Shapiro that would prevent these dire measures from taking effect.
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The $770 million budget shortfall that agencies face beginning in 2026 threatens unprecedented cuts to CTA, Metra, and Pace services, the scale of which are now coming into clearer view.
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The assessment, covering the period from July 2021 to June 2024, was conducted by Sjoberg Evashenk Consulting and evaluated OCTA’s efficiency, effectiveness, and compliance in delivering transportation improvements funded through the half-cent sales tax initiative.
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If approved by PRT's board next week, the agency would begin soliciting public feedback on March 31 and hold three public hearings in April, May, and June before the board adopts next year's budget, which begins in July.
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