Short Range Transit Plan/Capital Improvement Program (SRTP/CIP) 

The Short Range Transit Plan / Capital Improvement Program (SRTP/CIP) provides an overview of BART’s long-term operating and capital financial outlook, and as such is a guiding document for staff and policymakers. It it helps inform BART's yearly budget process, and assesses system performance.

The most recently drafted SRTP and CIP cover 10 years and 15 years, respectively, from fiscal year 2017 through FY2031, and can be downloaded by clicking here.

Here are key findings from the FY 2017 SRTP/CIP:

BART’s operating financial forecast identifies revenues and expenses associated with operating and maintaining BART.  Projected operating needs over the 10-year timeframe total $10.1 billion, with a projected $326.5 million shortfall.  BART has identified potential solutions to the projected deficit and has committed to balance each future year budget.

BART’s Capital Improvement Program (CIP) is a projection of all BART’s capital needs, regardless of funding availability.  For the 15-year timeframe, $17.1 billion is needed to fully fund the CIP. Voters' passage of Measure RR in November 2016 approved $3.5 billion in general obligation bonds, part of the $11.4 billion in identified funding slated to go toward the CIP, leaving $5.7 billion unfunded through the early 2030s.

Click here for the previous FY15 SRTP/CIP.

BART System Renewal Program Plan 2016

This document is BART's plan to repair and replace the agency's 90 miles of deteriorating rail, corroding tunnel walls and aging speed control equipment. The goal is rebuilding the 43-year old infrastructure in order to maintain BART’s excellent safety record, increase train reliability, reduce traffic and protect the environment in the years to come.  Download the plan here. 

For information and a educational brochure about our $3.5 billion infrastructure bond on the November 2016 ballot go to www.bart.gov/betterbart  

To help better understand the structure of BART's bond measure, we have provided an overview which includes a visualization of the bond's issuance as well as projected costs. Click here to see the document.

Read the bond resolution passed by the Board of Directors

Read the bond tax rate statement 

Read the Maintenance of Effort language

Financial and Operating Information

BART's Financial and Operating Information Appendix A General Obligation Bonds (Election of 2004), 2015 Refunding Series D and Sales Tax Revenue Bonds 2015 Refunding Series A"  (09/14/15)