Media Contact: Randol White, 415-515-7624
The new Fiscal Year 2025 San Mateo County Transportation Authority (TA) budget goes into effect on July 1 and has a couple of significant updates compared with previous years.
It now includes a new budget-statement format designed to enhance clarity and improve transparency. It serves both as the budget statement and also replaces the TA’s separate semi-annual report.
The new budget document includes the total amount of funding that is available to program and allocate to projects throughout San Mateo County.
“As the funding arm for transportation projects throughout San Mateo County, our goal is to make the budget easier for everyone to understand,” said TA Executive Officer Peter Skinner. “We feel we’ve achieved that with this format change.”
The new budget also includes interest earnings that are set aside to help support countywide planning efforts by the City/County Association of Governments of San Mateo County (C/CAG). This includes the upcoming updates to the Countywide Transportation Plan 2040 and the Comprehensive Bicycle and Pedestrian Plan.
The TA Board of Directors approved the $189.03 million Fiscal Year 2025 budget at its last meeting.
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