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SFMTA Budget Planning - Fiscal Years 2025 & 2026
Project Introduction

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

Transportation is vital to San Francisco’s livability, vitality and economic recovery as well as to our equity and environmental goals. As we plan our two-year budget for Fiscal Year (FY) 24-25 and FY 25-26, we are focused on how we can best use our limited resources to provide San Franciscans with the transportation services they need and deserve. Our challenge is that we are still recovering from the economic impact of the COVID-19 pandemic and grappling with the structural deficit we had prior to the pandemic.

Project Timeline 
August 2023 to January 2024
Planning and Development
January 2024 to March 2024
Outreach and Engagement
March 2024 to May 2024
Board of Directors' Review and Approval
Predicted Completion
April 2024
Project Status

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 board meetings and must approve the budget in time for it to be presented to the Mayor no later than May 1of 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.

In order to continue providing the same level of programs and services we provide now – from Muni service to traffic control to street safety improvements – we need to raise $12.7 million in new revenue. This is because costs go up every year with inflation and the cost of living. We are considering increasing Muni fares and parking fees and fines to bridge our budget gap and want to explain our proposals to you and respond to your questions and concerns.

Community Engagement

In addition to regular updates and formal hearings at the SFMTA Board of Directors meetings, the SFMTA Budget Team will host meetings for members of the public to meet staff, ask questions, provide suggestions and learn how the agency is funded and allocates resources.

  • Virtual Meeting (via Zoom): February 22, 2024, from 5:00 pm – 7:00 pm.
  • In-person Open House: March 2, 2024 at the Richmond Library (351 9th Ave, San Francisco, CA), from 11:30 am – 1:30 pm 

We’ll also be presenting our budget proposal at neighborhood group, merchant association and community-based organization meetings. For more information or to offer feedback please call 415.646.2299 or email

☎ (415) 646-2299: 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。

Budget Information

Contact Information