TL;DR (generated · confidence: high)

The five-year General Transportation Budget forecast shows a structural deficit growing from $6.7M in FY24-25 to $37.5M by FY28-29, with the GTR ending balance projected at negative $203.3M by FY2030 if current service levels are maintained. Programmatic expenditures are forecast to grow significantly from $113.5M to $161.9M, while revenues remain relatively flat with limited growth in the State Highway Fund. PBOT's FY 2026 budget addresses this gap with $37.9M in ongoing expenditure reductions. The forecast highlights the need for new funding models to reduce reliance on fossil fuel sales while maintaining critical capital assets.

Key points (each cites a PDF page):

GTR ending balance projected at negative $203.3 million by FY2030 without intervention (p. 1400)
Annual deficit grows from $6.7M (FY24-25) to $37.5M (FY28-29) (p. 1400)
FY 2026 budget includes $37.9M in ongoing GTR expenditure reductions to balance budget by FY2030 (p. 1400)
Programmatic expenditures forecast to grow from $113.5M (FY24-25) to $161.9M (FY29-30) (p. 1400)
State Highway Fund revenue remains relatively flat at approximately $86-87M annually (p. 1400)
Parking revenue grows from $51.4M (FY24-25) to $65.3M (FY29-30) (p. 1400)
Total FY25-26 requirements of $170.3M exceed revenues of $143.2M by $27.0M (p. 1400)
Debt repayment decreases from $17.2M (FY25-26) to $9.0M (FY29-30) (p. 1400)

💰 $113.5M · $135.8M · $141.9M · $148.8M · $155.1M · $161.9M · $16.9M · $17.2M · 📋 General Transportation Budget · CAL · GTR · 🏛️ PBOT

General Transportation Budget Forecast

Source: PDF p. 1400 · raw: 1400

Breadcrumb: 6 pw › PW---FYFP---ALL_0 › Executive Summary › Discretionary Revenue › General Transportation Budget Forecast

General Transportation Budget Forecast From a statutory perspective, the most important forecast is found in Table 3. Table 3 Five-Year General Transportation Budget (In Millions) Estimated FY 24-25 FY 25-26 FY 26-27 FY 27-28 FY 28-29 FY 29-30 Requirements Programmatic Expenditures 113.5 135.8 141.9 148.8 155.1 161.9 Repayment of Debt 16.9 17.2 17.5 17.9 18.2 9.0 Citywide Overhead Charges 12.6 13.5 13.9 14.3 14.8 15.2 Reserves and Contingency 3.8 3.8 3.6 3.4 2.8 2.8 Total Requirements 146.8 170.3 176.9 184.4 190.9 188.9 Revenues State Highway Fund 85.9 86.9 86.9 86.3 86.0 86.5 Parking 51.4 54.3 57.3 60.4 63.6 65.3 Parking Facilities Fund Transfer - - - - 1.8 1.8 General Fund Transfer 0.8 0.03 0.03 0.03 0.03 0.03 Interest on Investments 2.0 2.0 2.0 2.0 2.0 2.0 Total Revenues 140.1 143.2 146.2 148.7 153.4 155.6 Annual Surplus/Deficit (6.7) (27.0) (30.7) (35.7) (37.5) (33.3) Beginning GTR Balance (32.5) (39.2) (66.2) (96.9) (132.6) (170.1) Ending GTR Balance (39.2) (66.2) (96.9) (132.6) (170.1) (203.3) Table 3 shows that maintaining the FY2025 CAL service levels throughout the forecast period would result in a $203.3 million deficit in the GTR Balancing Reserve at the end of FY2030. The FY 2026 Requested Budget includes a decision package (DP) with ongoing GTR expenditure reductions – totaling $37.9 million in FY2025-26 – that will balance the budget by FY2030. Risks and Opportunities PBOT must aggressively seek operational efficiencies and more complete statutory cost recovery for the services it provides. Going forward, PBOT also needs new funding models that will allow it to maintain the City’s capital assets while simultaneously diminishing its reliance on the sale of fossil fuels to finance operating expenditures. Following are principal risks and opportunities for PBOT discretionary revenue. E-Commerce The pandemic-driven increase in online shopping and deliveries presents risks and opportunities for the City’s transportation system. The growth of delivery services as users of the 7

Parent: Discretionary Revenue · PDF: p. 1400