03/26/2026
Muni is facing a significant projected operating deficit. Failure to close the funding gap will guarantee severe cuts to transit, including route eliminations and reduced service. To avoid cuts, SFMTA is relying on two ballot initiatives in November 2026 and has committed to finding savings and efficiencies of up to $100 million annually. Given the scale of financial need, policymakers and voters may be wondering whether further investment will be put to good use. A new study by SPUR shows that despite current financial strains, Muni has performed well over the last decade, managing cost increases better than its peers while delivering highly productive service. As voters consider new funding measures, these positive metrics should reassure them that their investment will support a well-used and well-run transit system.
Muni is in dire financial straits as COVID-relief funds reach their end. To avoid catastrophic service cuts, San Francisco’s transit agency will need voters to approve two different revenue measures in November 2026. Cost reductions and efficiency are also part of the strategy to keep buses and tr...