Fiscal Year 2027 Proposed Budget
TriMet’s FY2027 Proposed Budget continues efforts to balance our budget, ensure long-term financial stability and continue the vital transit service our region relies on for decades to come.
TriMet’s Proposed Budget for fiscal year 2027 (July 1, 2026–June 30, 2027) continues to respond to inflationary pressures, including rising costs and reduced fare revenues from anticipated service cuts and depressed payroll tax revenue due to Oregon’s high unemployment rate. The ongoing use of reserve funds will help to preserve TriMet’s core transit service essential to our riders, employees and the regional economy.
The Proposed Budget reflects the initial measures TriMet has taken to address the annual budget shortfall, first announced in July 2025 as a $300 million gap between expenses and resources.
The Proposed Budget does not reflect upcoming cost-cutting efforts including the service changes proposed to take effect Aug. 23, 2026, since the TriMet Board will not vote on the changes until April 22, 2026.
Also, TriMet leadership is currently finalizing another round of internal spending cuts as well as a staffing reduction that will include more layoffs.
Those service and internal spending cuts will be included in the FY2027 budget when it goes to the TriMet Board for adoption in May. Because of that, the FY2027 Adopted Budget is expected to come in less than the current Proposed Budget.
Let us know what you think!
We want to hear your thoughts on the proposed budget. We’ll be accepting comments and feedback by noon on March 24.