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Accessible text for Blog Post SFMTA Budget: Revenue, Expenditures, & Future Projections

Thursday, March 26, 2020

This page contains accessible text for the blog post SFMTA Budget: Revenue, Expenditures, & Future Projections.

Graphic #1

Title: FY 2021 Operating Revenue Projections:

The Fiscal Year 2020-2021 Operating revenue projections for the four largest revenue sources are as follows: $399 million in General Fund Transfers (34%), $364 million in Parking and Traffic fees, finds and in-lieu taxes (31%), $219 million in Transit Fares (18%), and $201 million in Operating Grants (17%).

Resume blog post at Graphic #1

Graphic #2

Title: 1/28/20 – Long Term Revenue trends in $2019 Constant, $M

The long-term revenue trends in 2019 inflation-adjusted dollars for the four largest revenue sources are as follows.

For General Fund Transfers, in fiscal year 2013-2014 $285 million, in fiscal year 2014-2015 $309 million, in fiscal year 2015-2016 $314 million, in fiscal year 2016-2017 $335 million, in fiscal year 2017-2018 $348 million, in fiscal year 2018-2019 $358 million, projected in fiscal year 2019-2020 $381 million, projected in fiscal year 2020-2021 $376 million, and projected in fiscal year 2021-2022 $367 million.

For Parking and Traffic, fees, fines, and in-lieu taxes, in fiscal year 2013-2014 $410 million, in fiscal year 2014-2015 $370 million, in fiscal year 2015-2016 $362 million, in fiscal year 2016-2017 $365 million, in fiscal year 2017-2018 $357 million, in fiscal year 2018-2019 $354 million, projected in fiscal year 2019-2020 $351 million, projected in fiscal year 2020-2021 $344 million, and projected in fiscal year 2021-2022 $342 million.

For Passenger fares, in fiscal year 2013-2014 $248 million, in fiscal year 2014-2015 $244 million, in fiscal year 2015-2016 $228 million, in fiscal year 2016-2017 $211 million, in fiscal year 2017-2018 $209 million, in fiscal year 2018-2019 $197 million, projected in fiscal year 2019-2020 $196 million, projected in fiscal year 2020-2021 $202 million, and projected in fiscal year 2021-2022 $196 million.

For State operating grants, in fiscal year 2013-2014 $162 million, in fiscal year 2014-2015 $167 million, in fiscal year 2015-2016 $158 million, in fiscal year 2016-2017 $147 million, in fiscal year 2017-2018 $157 million, in fiscal year 2018-2019 $182 million, projected in fiscal year 2019-2020 $167 million, projected in fiscal year 2020-2021 $179 million, and projected in fiscal year 2021-2022 $175 million.

Resume blog post at Graphic #2

Graphic #3

Title: FY 2021 Projected Operating Expenditures:

The Fiscal Year 2020-2021 Operating expenditures can be split between the following two categories: $458 million in non-labor expenditures (36%), $817 million salaries and mandatory fringe benefits (64%).

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Graphic #4

Title: 1/28/20 – SFMTA 5-Year Forecast:

Over the next five years the projected gap between revenue and expenditures, ( where expenditures are greater than revenue) is as follows: in fiscal year 2020-2021 $66 million, in fiscal year 2021-2022 $77 million, in fiscal year 2022-2023 $87 million, in fiscal year 2023-2024 $123 million, in fiscal year 2024-2025 $167 million.

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Graphic #5

Title: Change in CIP Spending Over Time

Spending has decreased over the last three CIP as tracked by 4 categories, listed from the largest to the smallest: State of Good Repair (e.g. Fleet, Transit Fixed Guideway), Transit Optimization Expansion (e.g. Bus Rapid Transit, Muni Forward), Streets (e.g. Bicycle and Pedestrian) and Central Subway. In the fiscal year 2017-2021 CIP there were 367 projects costing $3.4 billion. In the fiscal year 2019-2023 CIP there were 266 projects costing $3 billion. Finally, in the fiscal year 2021-2025 CIP there are 157 projects costing $2.4 billion.

Resume blog post at Graphic #5