The San Mateo County Transit District Board of Directors unanimously approved the Fiscal Year (FY) 2022 Operating and Capital Budgets at its regular board meeting this month. The adopted SamTrans FY2022 Operating Budget is $199.4 million and the Capital Budget is $41.1 million.
Funds from the operating budget will support day-to-day management of District services, including motor bus and Contract Urban Bus (CUB) service, among other expenditures. Over the last fiscal year, SamTrans has been trying to rebound from the negative impacts the coronavirus (COVID-19) pandemic has had on ridership. With the current rate of vaccine distributions and reopening of local businesses across San Mateo County, the FY2022 budget assumes a significant recovery from COVID-19.
In keeping with the District’s need to conserve financial resources, the Capital Budget’s final recommendations reflect the most critical projects that support the District’s goals. Approved projects include ensuring vehicles and facilities are maintained in a state of good repair, and investments in infrastructure and green mobility for the county.
Adoption of the budgets is an important step along the way towards a future that provides service that is relevant, adaptable and financially sustainable.
The District’s FY 2022 Operating Budget begins July 1, 2021 and ends on June 30, 2022.
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About SamTrans: SamTrans operates 70 routes throughout San Mateo County. Funded in part by a half-cent sales tax, the San Mateo County Transit District also provides administrative support for Caltrain and the San Mateo County Transportation Authority. SamTrans has provided bus service to San Mateo County customers since 1976.
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