Lane Transit District Board approves budget
Lane Transit District’s Board of Directors unanimously approved the District’s annual budget for 2023-24 during its June 21 meeting. LTD’s new fiscal year began July 1.
The LTD FY24 Annual Budget is comprised of six funds:
• General Fund ($91,838,382)
• Specialized Services Fund ($14,007,203)
• Medicaid Fund ($16,481,754)
• Point2point Fund ($895,539)
• Capital Projects Fund ($59,515,775)
• Sustainable Services Reserve Fund ($238,919)
Combined, the six funds total $182,977,571.…
