The San Francisco Metropolitan Transportation Agency (SFMTA) is facing a potential $322 million deficit by 2026-2027, requiring urgent attention to avoid service cuts and fare hikes.
Recognizing the urgency of the financing crisis, the San Francisco Controller's Office established the Muni Funding Working Group to identify solutions and gather public input.
Strategies being explored include efficiency improvements within SFMTA, potential service cuts, revenue enhancements like increased fees, and service enhancements to gain voter support for new funding.
If left unaddressed, this fiscal crisis could lead to a 'Muni meltdown', severely impacting daily commuters and the city’s economic recovery post-pandemic.
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