Projected $15-Million Budget Deficit Looms over Valley Transportation Authority

Projected $15-million budget deficit looms over Valley Transportation Authority

(KRON) — The Santa Clara Valley Transportation Authority faces an operating deficit close to $900,000 in 2026 and a ballooning deficit of nearly $15 million by 2027, the agency says. The VTA is currently looking at a number of options to fix its budget issues, including a hiring freeze, VTA spokesperson Stacey Hendler Ross told KRON4. VTA Restarts Light Rail Service | Credit The Santa Clara Valley Transportation Authority Mountain lion sighting …

Operating budget projects $26.4 million deficit

Among a projected $26.4 million budget deficit, Provost Evans speaks to the University's financial plan.The operating budget for the 2025-26 school year was approved during the Board of Trustees meeting on May 9, where the motion to pass the budget was adopted unanimously. The budget projects a total operating budget of $693.8 million and a deficit of $26.4 million. Alongside this year's deficit, the budget also makes projections for 2026-27 and…