Gold Coast Transit District FY2027 Budget
The Gold Coast Transit District's proposed operating and capital budget for fiscal year 2027 (July 1, 2026 - June 30, 2027), a pre-adoption draft presented to the Board of Directors for consideration.
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The Gold Coast Transit District's proposed operating and capital budget for fiscal year 2027 (July 1, 2026 - June 30, 2027), a pre-adoption draft presented to the Board of Directors for consideration.
The Board of Directors discussed and reviewed various agenda items, including the General Manager's monthly report, the approval of monthly expenditures, and the receipt of financial reports for April. The board conducted a public hearing and approved the FY 2027 Operating Budget and Capital Plan. Additionally, the Board authorized the filing of a TDA claim for Fiscal Year 2026-27, approved participation in the SPURR Low Carbon Fuel Standard Program, and received a presentation on the TDA Triennial Performance Audit. The meeting also included reports on monthly budget updates, contracts awarded, and updates on weighted vote formulas based on updated population estimates.
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The Board of Directors meeting addressed several operational and financial items. Key discussions included a report of monthly expenditures, the approval of a revised purchase order for paratransit buses due to cost increases, and the authorization for the District to utilize LCTOP allocation and interest from SB 125 funds to support countywide free fare programs. Additionally, the Board received reports on contracts awarded, held a public hearing regarding vacancies and recruitment under AB 2561, and received a presentation on the draft FY 2027 operating budget and capital plan.
The Regular Board of Directors Meeting agenda included introductory items such as the Pledge of Allegiance and Employee Service Awards for employees reaching service milestones. General public comment was reserved for non-agenda business. Key discussions and recommendations involved the General Manager's Monthly Report, approval of consent items including the minutes from the February 4, 2026, Board of Directors Meeting, reports on expenditures, budget/actual status for January, and approval of updates to the FTA Drug and Alcohol Program Policy. Formal items addressed the annual update to GCTD Personnel Rules, approval of a Cybersecurity and Artificial Intelligence Use Policy, and authorization for updating the Fleet Management Plan and seeking an exemption from the CARB ICT rule for 2026-2028. Informational items included a presentation on the Annual Passenger Survey results and an update on Operations & Maintenance activities. A closed session was scheduled for the performance evaluation of the General Manager.
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