Long Range Financial Plan
Date Created:
June 2025
What does this plan do?
LTD’s Long-Range Financial Plan (LRFP) is a 10-year outlook that helps us make smart, sustainable financial decisions. It guides how we fund transit service, replace aging vehicles, invest in infrastructure, and plan long-term projects that benefit Lane County. At its core, the LRFP aligns financial capacity with the objectives outlined in LTD’s Strategic Business Plan.
Why it matters
The LRFP ensures LTD can:
- Continue to provide reliable, consistent service
- Maintain buses, facilities, and infrastructure in good condition
- Align financial resources with community priorities
- Plan responsibly for future needs and economic changes
How we’re funded
Most of LTD’s ongoing revenue, about 80%, comes from payroll taxes. Additional funding comes from federal grants and Oregon’s Statewide Transportation Improvement Fund (STIF). LTD’s revenue projections are intentionally conservative to protect against economic uncertainty.
Challenges we’re planning for
LTD’s financial outlook considers several key factors:
- Rising labor, healthcare, and materials costs
- Inflation and higher interest rates
- Shifts in travel patterns after COVID-19
- The need to replace aging buses and maintain critical infrastructure
- Scheduled wage and benefit increases under current labor agreements
Federal COVID-19 relief funds continue to help offset short-term operating costs and maintain service levels through FY27.
Building long-term stability
LTD follows a Board-adopted reserve policy to ensure financial resiliency. Four types of reserves—service, cash flow, capital, and risk—help the District navigate economic ups and downs while protecting service for riders.
Our commitment
By connecting financial planning with community priorities, the LRFP supports LTD’s mission to provide safe, reliable, and accessible transportation throughout Lane County, today and into the future.
