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The TriMet Board of Directors has adopted our agency’s fiscal year 2027 (FY 2027) budget.
TriMet will make major spending cuts and a historic staffing reduction beginning July 1, 2026, as we continue taking action to address an annual budget deficit and preserve our core transit service for our riders and the region, even in the face of rising costs.
Most of the actions directed in the budget streamline our overall spending by about $64.5 million, reflecting about $53 million in administrative spending cuts and about $11 million in service cuts.
The FY 2027 adopted budget totals $1.75 billion, with $1.14 billion available for service, operations, capital/maintenance projects and other requirements. The budget relies on $127 million in reserve funds to close the gap between expenses and revenues.
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