Drafter
Clerk 09/03/2026
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A MOTION acknowledging the receipt of the transit funding needs report in compliance with the 2026-2027 Biennial Budget Ordinance, Ordinance 20023, Section 116, Proviso P7, as amended by Ordinance 20086, Section 76.
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WHEREAS, the 2026-2027 Biennial Budget Ordinance, Ordinance 20023, Section 116, Proviso P7, as amended by Ordinance 20086, Section 76, states that $100,000 of the moneys appropriated to transit from the public transportation operating fund shall not be expended or encumbered until the executive provides a briefing and transmits a transit funding needs report together with a motion acknowledging receipt of the report, and
WHEREAS, Ordinance 20023, Section 116, Proviso P7, as amended by Ordinance 20086, Section 76, directs that the report shall include, but not be limited to, the following:
A. An estimate of the Metro transit department's 2028-2029, 2030-2031, and 2032-2033 biennium total reserve levels, defined as the sum of the individual reserves and designations in the reserves category of the public transportation fund, which are expected to be below the level required in the King County comprehensive fund management policies adopted through Motion 15250 and the fund management policies for the public transportation fund adopted through Ordinance 19863, including, but not limited to, information on;
1. Potential impacts to the Metro transit department's operating budget, including, but not limited to, transit service, staffing, or operating procedures; and
2. Potential impacts to the Metro transit department's infrastructure capital fund or revenue fleet fund, including, but not limited to, reducing, reprioritizing, modifying, or delaying planned capital investments or planned fleet purchases;
B. A description of the Metro transit department's operational and capital funding needs, including, but not limited, to the funding needed to:
1. Provide transit service in accordance with the King C...
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