June 11, 2021 10:00 am
·
17 comments
The BART Board of Directors approved a $1.019 billion budget Thursday, with board members expressing optimism about the agency’s potential to rebound as the pandemic recedes.
The balanced fiscal year 2022 budget is $104 million more than the one the agency approved for fiscal year 2021, which spans from July 1, 2020, to June 30, 2021.
It’s also buoyed by $386 million in federal relief funding, according to BART budget officials, $75 million more than the federal funding total in the FY 2021 budget.
“It’s been an extremely challenging 15 months to get us to this balanced budget,” BART Assistant General Manager for Performance and Budget Pamela Herhold said to the board Thursday morning.