7 6 AttachD SRTA Draft Financial Statements FY 2024 25 9 23 2026

The Shasta Regional Transportation Agency (SRTA) has released its financial statements for the fiscal year ending June 30, 2025. The report highlights the Agency's financial position, activities, and fund balances. At the end of the fiscal year, the Agency's net position was $13,368,500, a decrease of $1,721,609 from the previous year. The Agency's governmental funds reported a total fund balance of $11,208,633, which decreased by $4,580,962 during the fiscal year. The decrease was primarily due to higher transportation planning and administration expenses. The Agency's capital assets increased by $34,105, primarily due to an increase in building assets. The report also provides details on the Agency's budgetary comparison schedules, pension contributions, and other postemployment benefits. The fiscal year 2025–26 budget is based on historical trends, adjusted for inflation, projected grant funding levels, and anticipated project activity. The Agency aims to continue its policies of prudent fiscal management while ensuring long-term financial stability.