SRTA DRAFT Financial Statements FY 2024 25

The Shasta Regional Transportation Agency (SRTA) shared its draft financial report for the year ending June 30, 2025. The report shows the Agency's money activities and status, with key numbers and changes from the last year. At the end of the year, the Agency's net position was $13,368,500, down $1,721,609 from the year before. The governmental funds had a total balance of $11,208,633, down $4,580,962. The drop in net position was mainly due to higher costs for transportation planning and administration. Capital assets went up by $34,106, while long-term debts went down by $75,503. The Agency's budget for the next year is based on past trends, inflation, expected grants, and planned projects. The report has full financial statements and notes, giving a complete look at the Agency's finances and work.