During its regular meeting on June 8, the OCTA Board approved a balanced $1 billion budget for the 2015-2016 fiscal year.
Encompassing all services, projects, and programs administered by OCTA, this balanced budget is a result of OCTA’s mission to deliver long-term sustainable transportation solutions for the residents of Orange County.
Major initiatives include maintaining bus service levels without raising fares, funding for Metrolink service, continuing Measure M2 transportation improvements, and operating the 91 Express Lanes.
Funding allocations include:
- $371 million to support bus operating and capital expenditures
- $202 million for streets and roads improvements
- $132 million to support rail operating and capital expenditures
- $136 million for freeway projects
