Budget & Financial Information | Community Transit
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Budget & Financial Information

Community Transit financial documents are provided to give easy access to important information about agency revenues, expenditures and overall financial status.

Public Comment for 2022 Proposed Budget

Picture of 2022 Proposed Budget Cover Community Transit's 2022 Proposed Budget is open for public comment. A summary of highlights about the proposed budget is available here.

The public hearing before the agency’s Board of Directors will take place at 3 p.m. Thursday, November 4 at Community Transit’s Merrill Creek Operating Base, 7100 Hardeson Road in Everett

Visit www.communitytransit.org/meetings for details on how to participate in the virtual board meeting. For more information or to inquire about special needs arrangements, call (425) 353-7433. The board is scheduled to act on a final budget proposal on December 2.


Comments can be sent to:

Approved 2021 Budget

ADOPTED 2021 Budget Cover

The 2021 Budget continues to prioritize the health and safety of riders, employees, and their families. The agency has put in place many additional safety measures on vehicles and at bases to ensure a safe ride and a safe working environment for its employees. This budget will continue to fund nightly disinfecting of buses and thorough cleaning of the agency’s operating bases, as well as providing personal protective equipment for employees.

Funding will go towards:

  • Equitable and Safe Access: The agency will increase focus on ensuring it is providing equitable access to Community Transit services. As part of the agency’s commitment to the communities it serves, the 2021 Budget funds expanded public engagement and customer research programs. This includes employing an on-board survey to support federal Title VI and system planning requirements, as well as implementing additional real-time “pulse” surveys to understand current barriers to transit for both riders and non-riders.

    The expanded public engagement program will aid in understanding the impacts of the COVID-19 pandemic, as well as any other established barriers to transit access. Community Transit will continue to partner with local and national health authorities, regional transit partners, and the national transit industry to ensure the agency is meeting or exceeding public health guidance and collaborating on best practices.

  • Service and Workforce: The 2021 budget funds 578,000 total hours of bus and paratransit service. The 2021 budget assumes that only a minimal number of coach operator trainees will be required, mainly to account for normal turnover. While a formal hiring freeze is not in effect, only unique positions that are necessary for operations will be filled.

  • Base Expansion: The budget will fund continued work on the base expansion project, including renovation of the agency’s Kasch Park Casino Road building. This expansion is necessary to address current capacity needs in the maintenance and operations facilities and to plan for future vehicle expansion when the Swift Orange Line opens in 2024. Design work will continue on other agency buildings as well as the beginning of construction on the Merrill Creek Operating Base Maintenance and Body Shops.

  • Replacement Buses: The agency will purchase 21 new vehicles, all of which are replacement vehicles. Those include eight 60-foot replacement buses and 13 replacement DART (Dial-A-Ride Transportation) paratransit buses.

  • High Capacity Transit Network: Planning and development of the Swift network continue with Orange Line design work scheduled to be completed first quarter of 2021 and construction beginning later in the year. In 2021, the agency will also begin design and engineering for Phase 1 of the Swift Blue Line expansion project, connecting the Blue Line to Link light rail at the Shoreline/185th Station in 2024.

 

Budget Documents

The annual adopted budget provides details of Community Transit's plans and projections for the current fiscal year. This includes agency operating revenue, department-level expense budgets, capital projects and other non-operating activity. The Board of Directors adopts an annual budget in December of the preceding year. Each spring, the board adopts an amended budget updating that year's projected revenues and expenses. 

2020 Adopted Budget Notebook (PDF)
2019 Adopted Budget (PDF)
2018 Adopted Budget (PDF)
2017 Adopted Budget (PDF)
2016 Budget Amendment (PDF)
2016 Budget (PDF)

Comprehensive Annual Financial Reports

Comprehensive Annual Financial Reports provide audited financial information for past years, including financial statements, grants, key performance indicators, comparative financial information, and economic data. Each spring, the agency publishes the previous year's audited report.

2020 Comprehensive Annual Financial Report (PDF)
2019 Comprehensive Annual Financial Report (PDF)
2018 Comprehensive Annual Financial Report (PDF)

Sales Taxes Support Transit

Community Transit's primary funding comes from a voter-approved 1.2 percent sales tax within the service district. That’s 12 cents of every $10 taxable purchase. 

Sales tax revenue typically accounts for 65 to 70 percent of Community Transit’s operating budget. Rider fares account for about 20-25 percent of the operating budget, and grants, advertising and interest make up the remainder of operating revenues.