Fiscal Year 2026 Budget
Our budget shows how we manage our community’s public transportation, roadways and infrastructure spending. Our online fiscal year budget information is a means to share the costs of public transportation, services, and roadway funding.
There will be fiscal years where the funding uses will exceed the funding sources. In those situations the RTC will use its available reserves or issue bonds to cover the funding gap.
The RTC’s budgeting is an annual process that is presented to the public and approved by the RTC Board of Commissioners. The fiscal year 2026 budget was presented during the RTC Board Meeting May 22, 2025.
The fiscal year 2026 budget started on July 1, 2025 and ends on June 30, 2026.
Funding Sources
The RTC will take in $1336.4 million in funding during FY 2026. The RTC’s largest funding source (29.4%) is sales tax, while funding collected from farebox revenue money accounts for only 5.6% of the agency’s funding.
Total Funding Sources FY26: $1336.4 Million
FAQs
Funding Uses
The RTC’s operating budget pays for the contracted public transit service, capital projects, employee salaries, debt service and day-to-day operations, such as maintenance equipment, software, and other basic expenses that every business needs to operate efficiently. View the chart below for a complete breakdown of the RTC’s operating and capital outlay.
Funding Uses Total FY26: $1336.4 Million
Capital Outlay
Capital outlay is money spent to acquire or extend the useful life of capital assets, which can include vehicles, equipment, network hardware, computer software, roadway construction projects and others.
Capital Outlay Total FY26: $749.5 Million
Transit operations budget
The RTC contracts transit service and security operations with private-sector companies. While the RTC owns all the vehicles, we do not operate or maintain them. During fiscal year 2026, the RTC has budgeted $419 million to cover all the operational expenses. The chart below provides a breakdown of the budget.