Fiscal Year 2027 Adopted Budget
TriMet’s FY2027 Adopted 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.
Budget Update
The TriMet Board of Directors adopted our agency’s fiscal year 2027 (FY 2027) budget on Wednesday, May 27, 2026.
TriMet will make major spending cuts and a historic staffing reduction beginning July 1, 2026, as we continue taking action to address an annual budget deficit and preserve our core transit service for our riders and the region, even in the face of rising costs.
Most of the actions directed in the budget streamline our overall spending by about $44.6 million compared to the FY 2026 budget, including about $44.4 million in general and administrative cuts, about $11 million in direct service cuts, and a net increase of $10.8 million in non-operational required costs for Debt service, Other Post Employment Benefits, Capital program, Pass-Through, and Contingency. The FY 2027 adopted budget totals $1.75 billion, with $1.14 billion available for service, operations, capital/maintenance projects and other requirements. The budget relies on $187.4 million in reserve funds to close the gap between expenses and revenues.
TriMet’s Adopted 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. 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 Adopted Budget reflects measures TriMet has taken to address the annual budget shortfall including internal spending cuts and service reduction. TriMet will continue to evaluate service, organizational structure and opportunities to increase revenue.