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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.

Proposed 2021 BudgetCommunity Transit 2021 Proposed Budget Notebook Cover

Public Comment Underway

Community Transit's Proposed 2021 Budget is available for public comment through Friday, Nov. 6. 

People can offer their comments before the Board of Directors at a public hearing at 3 p.m., Thursday, Nov. 5.

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

Comments can be sent to:

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 (CAFRs) 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 CAFR.

2019 Comprehensive Annual Financial Report (PDF)
2018 Comprehensive Annual Financial Report (PDF)
2017 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.