Skip to main content

SFMTA Budget Priorities for FY 2023 to FY 2024

SFMTA Budget Priorities for FY 2023 to FY 2024
By Andrea Buffa

T Line LRV at the Oakdale boarding island in the Bayview District

It’s budget season! 

Every two years, the SFMTA develops a consolidated budget to guide the agency’s decisions about where to focus our funding to best meet the transportation needs of all San Franciscans. We’re developing a budget that’s designed to support San Francisco’s economic recovery, increase transportation equity, protect the environment and keep the agency on sound financial footing.  

We presented the base budget (projected revenues and expenditures for the next two years if we made no changes and continued our current policies) to our Board of Directors in early February to get their feedback and are now seeking input from the public. Your feedback will help us understand what to change in our base budget: which investments are most important to San Franciscans and which new revenue sources you think we should pursue. We’re considering both fare increases and decreases as well as changes to parking fees. 

The City Charter requires us to submit the final budget to the Mayor’s Office by May 1. The Mayor then sends it to the Board of Supervisors on June 1 for a final vote. 

How to provide your input on the SFMTA FY 2023 to FY 2024 budget 

Online Survey: We invite you to give us feedback about your transportation priorities by filling out this short survey. It’s available in English, Spanish, Chinese and Filipino. We’ve included an open-ended question so you can let us know if there’s a specific transportation priority you want to let us know about. 

Community Transportation Priorities Survey image

Online Listening Sessions: We’re hosting two listening sessions that will include a short budget presentation and time to hear your questions and suggestions. You can request simultaneous interpretation in any language for our budget listening sessions by calling 415.646.2109 at least 48 hours prior.  

Online Town Hall: At our online Town Hall meeting, we’ll share the feedback we heard from the survey and online listening sessions. 

March 10, 2022, 6:00 p.m. - 7:00 p.m.  
Get login information at SFMTA Budget Planning - Fiscal Years 2023 & 2024 

After gathering feedback from the public, our directors and our staff, we’ll revise the budget and present it for additional review at two SFMTA Board of Directors meetings: 

SFMTA Board of Directors Budget Meetings:  

  • March 15, 2022, 1:00 p.m. 

  • April 5, 2022, 1:00 p.m. 

Budget Background 

If you’ve been tuning in to our Board of Directors meetings during the two years, you’ll know that the SFMTA’s revenue was severely reduced by the COVID-19 pandemic. COVID devastated our transit fare and parking revenues, which are two of our three biggest revenue sources. Even now, our transit revenues are about 75% lower than pre-pandemic levels and parking revenues are 20% lower.  

The recovery of our transit fare and parking revenue depends on the pace of San Francisco’s economic recovery, which is still uncertain. Data from the Controller’s Office shows that the city’s economy and downtown are recovering more slowly than comparable metropolitan areas. 

This compounded the financial problems our agency already had. Over the last 20 years, the demands on San Francisco’s transportation system have grown and revenues haven’t kept up. Our agency has what’s called a “structural deficit” -- the amount of money it takes to operate our system costs more than the revenues we take in. 

We got through the last two years because we fought for and won San Francisco’s fair share of federal pandemic relief funding and then we were prudent about using that funding to restore service.  

Recently, our short-term budget outlook has somewhat improved because some of the external revenue sources we rely on did better than expected. We’re receiving more money than we thought we would from the San Francisco General Fund and need to spend less on our pension costs. Still, according to the Controller’s Office, the SFMTA will face a structural deficit of approximately $20 - $50 million every year beginning in FY 2024-25.  

This background informs the FY 2023 to FY 2024 base budget that we’re asking for feedback on. It tries to balance the need for us to restore and expand services with the need to maintain the agency’s long-term economic stability. 

Click below to view the budget website in:  

Español - 繁體中文 -  Filipino    



Published March 02, 2022 at 12:33AM
https://ift.tt/BameGSR
Labels:

Comments

Post a Comment

Popular posts from this blog

New top story from Time: Angry Youths Rattle Spain in Support of Jailed Catalan Rapper Pablo Hasel

https://ift.tt/2NUGSpC BARCELONA, Spain — The imprisonment of a rap artist for his music and tweets praising terrorist violence and insulting the Spanish monarchy has set off a powder keg of pent-up rage this week in the southern European country. The arrest of Pablo Hasél has brought thousands to the streets for different reasons. Under the banner of freedom of expression, many Spaniards strongly object to putting an artist behind bars for his lyrics and social media remarks. They are clamoring for Spain’s left-wing government to fulfill its promise and roll back the Public Security Law passed by the previous conservative administration that was used to prosecute Hasél and other artists. Hasél’s imprisonment to serve a nine-month sentence on Tuesday has also tapped into a well of frustration among Spain’s youths, who have the highest unemployment rate in the European Union. Four in every 10 eligible workers under 25 years old are without a job. “I think that what we ...
Post a Comment
Read more

New top story from Time: How Facebook’s Australia News Ban Could Hamper Vaccine Rollout to Aboriginal People

https://ift.tt/37E8rL1 The COVID-19 vaccine rollout was never going to be easy in Australia’s sparsely populated, desert-covered Northern Territory. With many small towns located hours apart by road, organizers even considered using drones and dry ice to make deliveries. But the vaccination campaign is facing an even greater uphill battle after Facebook removed news content across the country of 25 million on Feb. 18 following a battle over a bill that would force Big Tech companies to pay for the use of news stories. The ban also swept up Indigenous media organizations, meaning that Aboriginal people, who make up more than 25% of the region’s population may not have access to reliable information about vaccinations. Many Aboriginal people rely on Facebook as a portal to the Internet. During the COVID-19 pandemic, Facebook has become “a primary vehicle for promoting health information to remote Aboriginal communities,” says Malarndirri McCarthy , a senator in the Northe...
Post a Comment
Read more

New top story from Time: How a Belarusian Teacher and Stay-at-Home Mom Came to Lead a National Revolt

https://ift.tt/3bD4WG2 On a hot summer day last August, Svetlana Tikhanovskaya was pacing up and down her empty apartment in Minsk, the capital of Belarus in Central Europe, her life—and her country—in turmoil. With her husband in jail, she had sent her two small children out of the country, to safety, and she now faced a stark choice, bluntly handed to her by the nation’s hard-line security forces: flee into exile herself, or face arrest. “I had a couple of hours, but I could not pack anything, because I was so overstressed,” she recalls. “It was a shock. I was not prepared for this.” Indeed, it is hard to imagine how Tikhanovskaya could have prepared for the jolting transformation of her life. Within the space of a few months, she emerged from obscurity to become the leader of Belarus’ biggest revolt in decades, determined to bring down President Alexander Lukashenko, who has ruled the former Soviet republic with an iron hand for more than 26 years as what many call Euro...
Post a Comment
Read more

New top story from Time: President Rodrigo Duterte of the Philippines Has Changed His Mind About Scrapping a U.S. Security Pact

https://ift.tt/3fe21WW MANILA, Philippines — Philippine President Rodrigo Duterte has retracted a decision to end a key defense pact with the United States, allowing large-scale combat exercises between U.S. and Philippine forces that at times have alarmed China to proceed. Duterte’s decision was announced Friday by Defense Secretary Delfin Lorenzana in a joint news conference with visiting U.S. counterpart Lloyd Austin in Manila. It was a step back from the Philippine leader’s stunning vow early in his term to distance himself from Washington as he tried to rebuild frayed ties with China over territorial rifts in the South China Sea. [time-brightcove not-tgx=”true”] “The president decided to recall or retract the termination letter for the VFA,” Lorenzana told reporters after an hour-long meeting with Austin, referring to the Visiting Forces Agreement. “There is no termination letter pending and we are back on track.” Austin thanked Duterte for the decision, which he sai...
Post a Comment
Read more

New top story from Time: ‘I Will Cry When I Deliver That Last Yogurt.’ Small Ranch Owners Are Selling Their Herds For Lack of Water

https://ift.tt/3l9IavO Gail Ansley delivered her final batch of homemade Picabo Desert Farms goat yogurt to Atkinson’s Market in Hailey, ID two weeks ago. As usual, each 16-oz unit of rich, creamy goat’s milk yogurt was packaged in a plain plastic container with a simple disclaimer stuck to the lid: “We know this label isn’t Chic, but the Yogurt inside is the best you’ll Eat!” it proudly proclaims . The ingredients: raw goat milk, culture, and sometimes gourmet vanilla bean paste sourced from nearby Boise, or fresh lemon curd, or peach jam. But this chapter is all over: she sold her last goat, a Nigerian dwarf named Kea, the weekend before. Kea was the final remaining animal in Ansley’s hundred-plus goat herd, which she grew and raised over the past six years on her small farm in Richfield, ID. “ And I will cry when I deliver that last yogurt tomorrow, ” Ansley says over the phone, audibly tearing up. “ When we started, my husband had a pickup truck and a camper, that’s wha...
Post a Comment
Read more

New top story from Time: Protests Against an Abortion Ban Continue for a Fifth Day in Poland

https://ift.tt/2HDCNDx WARSAW, Poland — Women’s rights activists and many thousands of supporters held a fifth day of protests across Poland on Monday, defying pandemic restrictions to express their fury at a top court decision that tightens the predominantly Catholic nation’s already strict abortion law. In Warsaw, mostly young demonstrators — women and men — with drums, horns and firecrackers blocked rush-hour traffic for hours at a number of major roundabouts. Some of them took off their shirts and stood topless on top of cars. Many held banners with an obscenity calling on the right-wing government to step down. A group of far-right supporters held a counter-protest in front of a church and police in riot gear kept the two groups apart, using pepper spray at one point. Some of the people protesting the court ruling were detained and others sat down in the street to stop the police van taking away the detainees. A protesting woman was taken to hospital with slight in...
Post a Comment
Read more

New top story from Time: DOJ Reportedly Investigating Whether New York Gov. Cuomo Manipulated Data on COVID-19 Nursing Home Deaths

https://ift.tt/3u8AJab (ALBANY, N.Y.) — New York Gov. Andrew Cuomo faced mounting challenges to his leadership on the coronavirus pandemic Wednesday as state lawmakers threatened to strip him of the power to issue emergency orders and federal investigators scrutinized his administration’s handling of nursing home data. The U.S. Justice Department has been examining the governor’s coronavirus task force and trying to determine whether the state intentionally manipulated data regarding deaths in nursing homes, two people familiar with the matter told The Associated Press. The people, who weren’t authorized to discuss the investigation and spoke on condition of anonymity, said the Cuomo administration had not been cooperative with prosecutors, especially in the early stages of the probe, and for months had not produced documents and other data the Justice Department had requested. The inquiry began months ago in the Justice Department’s civil division, and parts of it have ...
Post a Comment
Read more

'Situation not normal, don't lower guard': Delhi's 1st COVID patient cautions people https://ift.tt/35GmCxs

As many continue to take leeway during the festive season, Delhi's coronavirus patient has cautioned people to stay indoors as much as possible because "situation is not back to normal". Rohit Datta, who was diagnosed with the infection on March 1, appealed to the masses to "not lower guard" by getting into a casual festive mode. 
Post a Comment
Read more

Van Ness Improvement Project Nears Completion

Van Ness Improvement Project Nears Completion By Nehama Rogozen After years of planning and construction, work on the Van Ness Improvement Project is progressing rapidly and the end is in sight! Construction is projected to be finished by the end of this year, with Bus Rapid Transit (BRT) service running on Van Ness Avenue from Mission to Lombard beginning in early 2022. Work on the red transit lanes between Broadway and Pacific is almost complete. Crews have been busy on Van Ness Avenue. You may have noticed them building new medians and sidewalks, paving the roadway and installing poles that provide lighting and power to the BRT system. Most recently they have installed the red lanes that will allow buses to move Muni and Golden Gate Transit riders quickly along the corridor, without getting stuck in traffic. To ensure durability and reduce fading, these red transit lanes are made from poured red concrete, as opposed to red paint or thermoplastic on top of concrete. We are als...
Post a Comment
Read more

US Trial Shows Gilead's Remdesivir Drug Works Best in Coronavirus Patients Who Require Extra Oxygen Gilead said it expects results from its own study of remdesivir in patients with moderate COVID-19 at the end of this month. Gilead said it expects results from its own study of remdesivir in patients with moderate COVID-19 at the end of this month.

Gilead said it expects results from its own study of remdesivir in patients with moderate COVID-19 at the end of this month. from Top World News- News18.com https://ift.tt/2WXmCpD https://ift.tt/2SpBVES Gilead said it expects results from its own study of remdesivir in patients with moderate COVID-19 at the end of this month.
Post a Comment
Read more