SFMTA Budget Planning - FY 2026-27 and FY 2027-28

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Your feedback helps shape Muni's budget. Comment on the budget and proposed changes to fares, fees and fines at an upcoming Board of Directors meeting:

San Francisco City Hall, Room 400. 1 Dr. Carlton B. Goodlett Place

4156464619: For free interpretation services, please submit your request 48 hours in advance of meeting. / Para servicios de interpretación gratuitos, por favor haga su petición 48 horas antes de la reunión. / 如果需要免費口語翻譯,請於會議之前48小時提出要求。 / Para sa libreng serbisyo sa interpretasyon, kailangan mag-request 48 oras bago ang miting. / Đối với dịch vụ thông dịch miễn phí, vui lòng gửi yêu cầu của bạn 48 giờ trước cuộc họp. / Для бесплатных услуг устного перевода просьба представить ваш запрос за 48 часов до начала собрания. / Pour les services d'interprétation gratuits, veuillez soumettre votre demande 48 heures avant la réunion. / 무료 통역 서비스를 원하시면 회의 48 시간 전에 귀하의 요청을 제출하십시오. / 無料通訳サービスをご希望の場合は、会議の48時間前までにリクエストを提出してください。للحصول على خدمات الترجمة الفورية المجانية، يرجى تقديم طلبك قبل 48 ساعة من موعد الاجتماع.

Project Introduction

The San Francisco City Charter requires that the SFMTA submit a two-year, balanced budget in even-numbered years. The budget should outline how the agency will allocate its operating and capital resources for the next two years.


Budget Development Process

To establish the two-year budget, SFMTA staff develop a proposed revenue and expenditure plan for the coming two-year cycle for the Operating and Capital Budgets. The SFMTA Board of Directors discusses the budget over the course of numerous public board meetings. They must approve and present the budget to the Mayor by May 1 of each even-numbered year. 

The City Charter outlines formulas that determine the level of funding allocated to the SFMTA from the city's General Fund. If the proposed budget is within the defined funding levels, the Mayor must forward the budget to the Board of Supervisors as proposed. The Board of Supervisors may allow the SFMTA budget to take effect without any action or it may reject the budget. 

The public can provide feedback to proposed changes to fares, fees and fines by sending an email to Budget@SFMTA.com or calling 415-646-2299.

Proposed Changes to Fares, Fees and Fines

As part of the budget process, the SFMTA is considering both fare increases as well as changes to fees and fines. Learn more about the proposed changes.

Community Engagement

Subscribe to SFMTA Budget Planning Updates to receive updates on the SFMTA budget process. 

April Budget Hearings

Your feedback helps shape Muni's budget. Comment on the budget and proposed changes to fares, fees and fines at an upcoming Board of Directors Meeting

4156464619: For free interpretation services, please submit your request 48 hours in advance of meeting.  

Community Budget Open Houses

Thank you to everyone who attended our Community Budget Open House where the public was invited to learn about transit funding needs, the SFMTA budget and proposed changes to fares, fees and fines. 

Community Priorities Survey

Thank you to everyone who provided feedback on the SFMTA/Muni Community Priorities survey. The survey was open from late-October 2025 through mid-January 2026. Survey results were presented at the SFMTA Board Workshop on February 3, 2026. View the presentation deck. Slides 71-88 provide an overview of the budget outreach and survey results of community priorities. Survey results will also be presented at the Community Budget Open Houses on March 7, 11, and 12.

This budget planning process is a critical opportunity to align our resources with community priorities. Your feedback is helping the SFMTA make better informed decisions as we plan our two-year budget for Fiscal Year (FY) 2026-27 and FY 2027-28.  

Project Timeline
April 2025 to December 2025
Planning and Development
Completed
November 2025 to March 2026
Outreach and Engagement
Completed
March 2026 to May 2026
Board of Directors Review and Approval
Completed

The Challenge 

Transportation is vital to San Francisco’s livability, vitality and economic recovery. Unfortunately, we are up against the largest budget deficit we have ever faced. The pandemic decimated the city's tax base by hollowing out downtown. Relief funding and other revenue sources have dried up. 

The Stakes

This leaves the SFMTA with a budget deficit of $307 million beginning July 2026. That deficit is expected to grow to $434 million by July 2030. We will have to make dramatic changes to Muni service and programs if we are unable to fill these gaps. 

The Solution 

Continued cost-savings and transit funding measures. To protect the transportation services local communities depend on, we:  

  • Took proactive steps to develop funding strategies 

    • The Controller’s Office led and facilitated the Muni Funding Working Group to gather public input, identify solutions and provide recommendations to address the funding gap. This process began 1.5 years earlier than the typical start of public engagement for budget planning.  

    • Members overwhelmingly supported addressing the deficit through revenue-raising options. This feedback is informing our work to balance the budget.  

  • Work every day to cut costs and drive efficiencies 

    • We have already reduced what would have been a $440 million deficit in FY 2026-27 to $307 million through internal cost savings and efficiencies, strategic Muni service reductions and transit priority upgrades.

  • Identify transit funding measures critical to maintaining Muni service 

    • We're doing everything we can to save on costs internally, without impacting Muni service, but our budget gap will require additional funding sources in order to close it.

    • Addressing our financial crisis requires ongoing annual internal cost reductions, as well as additional revenue sources. Our state partners and the Mayor are working hard to identify these options. 

    • We will share more information on this page in the coming months.  

Contact Information
415.646.2299