FY 2025 Budget

Each year, Metro establishes an operating budget that lays out how it will spend its money to operate and manage Metro’s transit services. The budget covers a twelve-month period from July 1 to June 30. Usually, the budget is developed around the beginning of the year and presented to the public in March for comment.

The proposed budget for the 2025 fiscal year (which runs from July 1, 2024 through June 30, 2025) is $X.X billion. The budget will be considered for adoption by the Board at a public hearing on March XX, 2024.

See the FY2025 Proposed Budget (PDF)

See detailed public hearing materials, and learn how to comment on the budget

Under the terms of the interstate compact that governs Metro’s operations, the budget must be balanced each year. So the amount of money we plan to spend each year is equal to the amount we expect to receive.

Learn more about where the money comes from >>

Separate from the proposed operating budget, we’ve proposed a capital budget of $2.4 billion, which is part of the current six-year Capital Improvement Program. We’ll use this money to make longer-term improvements to our system, like buying new buses and railcars. 

Learn more about the capital program >>

How we developed the FY2025 operating budget

Each year, we develop the budget based on the comments we collect from outreach to riders, employees, the community, and other stakeholders. We hold town hall meetings and open houses, survey and interview members of the public, and come to rail stations to meet riders and discuss what they would like to see Metro do in the coming year. 

This year, we engaged with XXX,000 people across the region during the budget comment period, and received and analyzed over X,XXX comments, letters, and statements. 

This year’s Public Engagement Report (PDF)

FY2025 budget goals

In talking with people, we learned that what matters most is more frequent service that’s safe, reliable, and sustainable. So our proposed budget aims to:

• Make service more frequent and reliable, including increased train service and a complete redesign of the bus network
• Create a simpler and more accessible fare system, including a low-income fare program
• Improve customer service and communications with a new integrated communications center
• Enhance safety by supporting our police force and introducing new crisis intervention specialists
• Move forward with sustainability initiatives, including investments in our zero-emission bus program
• Continue capital improvements, including major construction and maintenance projects 

Watch a video from Randy Clarke, our General Manager, and our leadership team about the importance of this year's budget process.

See the video 

Additional implications of the FY2025 budget proposal (service and fare changes, interesting operational changes, confirmed capital projects) go here

Budget documents from previous years

FY2024 Proposed Budget >>

FY2024 public meeting materials >>

FY2023 Proposed Budget >>

FY2023 public meeting materials >>

FY2022 Proposed Budget >>

FY2022 public meeting materials >>

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