Budget & Financial Information | Community Transit

Budget & Financial Information

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

2023 BudgetCover Image of Proposed 2023 Budget document

The public comment period for Community Transit's 2023 Proposed Budget ended Nov. 3. The Board of Directors will take action on this budget at their regularly scheduled monthly meeting on Dec. 1.

Visit www.communitytransit.org/meetings for details on how to participate in person or virtually. For more information or to inquire about special needs arrangements, call (425) 353-7433.

Approved 2022 Budget

Cover image for 2022 Approved BudgetThe 2022 Adopted Budget details several projects that will have a lasting impact on public transportation by expanding travel options for riders in Snohomish County. Underlying these plans is the agency’s commitment to providing safe transportation for all.

2022 Adopted Budget highlights include:

  • Providing safe transportation is one of the agency’s highest priorities in 2022. A combination of COVID-19 safety measures, including masks, vehicle disinfection, and HVAC air filters help mitigate viruses. This year, bipolar ionization units will be added to vehicles, a type of air-purifying technology.
  • Construction of the Swift Orange Line, Community Transit’s third bus rapid transit (BRT) line, beginning in 2022. The Orange Line is expected to open in 2024 with service between McCollum Park and Edmonds College and a direct connection to light rail in Lynnwood.
  • Redesign of Community Transit bus network to coincide with light rail connections coming to Lynnwood, Mountlake Terrace, and Shoreline in 2024. This creates opportunities for improvements and additions to local Snohomish County bus routes.
  • Updates to the Long Range Plan to create a vision for transit through 2050. Part of this long-term planning will involve a study of zero-emission vehicles and new transportation options beyond regular bus service, including a test of microtransit, a flexible, on-demand service in Lynnwood.
  • Proactively involving the public through surveys, public engagement, and customer research programs to ensure we are providing equitable access to services and to help determine where to expand services for riders and potential riders.

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. 

2021 Adopted Budget (PDF) (PDF)
2020 Adopted Budget Notebook (PDF)
2019 Adopted Budget (PDF)
2018 Adopted Budget (PDF)
2017 Adopted Budget (PDF)
2016 Budget Amendment (PDF)
2016 Budget (PDF)

Annual Comprehensive Financial Reports

Annual Comprehensive 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.

2021 Annual Comprehensive Financial Report (PDF)

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