Investor Relations Information

AUDITED FINANCIAL STATEMENTS

• FY 2023-2024 Audited Financial Statements (PDF)
• FY 2023 Audited Financial Statements (PDF)
• FY 2022 Audited Financial Statements (PDF)
• FY 2020-2021 Audit Financial Statements (PDF)
• FY 2019-2020 Audit Financial Statements (PDF)
• FY 2018-2019 Audit Financial Statements (PDF)
• FY 2017-2018 Audit Financial Statements (PDF)
• FY 2016-2017 Audit Financial Statements (PDF)
• FY 2015-2016 Audit Financial Statements (PDF)
• FY 2014-2015 Audit Financial statements (PDF)
• FY 2013-2014 Audit Financial statements (PDF)
• FY 2012-2013 Audit Financial Statements (PDF)
• FY 2011-2012 Audit Financial Statements (PDF)
• FY 2010-2011 Audit Financial Statements (PDF)
• FY 2009 Audit Financial Statements (PDF)
• FY 2008 Audit Financial Statements (PDF)
• FY 2007 Audit Financial Statements (PDF)
• FY 2006 Audit Financial Statements (PDF)
• FY 2005 Audit Financial Statements (PDF)
• FY 2004 Audit Financial Statements (PDF)
• FY 2003 Audit Financial Statements (PDF)
• FY 2002 Audit Financial Statements (PDF)
• FY 2001 Audit Financial Statements (PDF)
• FY 2000 Audit Financial Statements (PDF)
• FY 1999 Audit Financial Statements (PDF)
• City and County of San Francisco Comprehensive Annual Financial Report (CAFR)

BUDGETS

2 Year Operating and Capital Budgets

• FY 2023-2024 Consolidated Budget, Operating & Capital (PDF)
• FY 2021-2022 Operating Budget (PDF)
• FY 2019-2020 Capital Budget (PDF)
• FY 2019-2020 Operating Budget (PDF) - Part 1
• FY 2019-2020 Operating Budget (PDF) - Part 2
• FY 2017-2018 Operating Budget (PDF) - Part 1
• FY 2017-2018 Operating Budget (PDF) - Part 2
• FY 2017-2018 Capital Budget (PDF)
• FY 2015-2016 Operating Budget (PDF)
• FY 2015-2016 Capital Budget (PDF)
• FY 2013-2014 Operating Budget (PDF)
• FY 2013-2014 Capital Budget (Attachment A - PDF)
• FY 2013-2014 Capital Budget (Attachment B - PDF)
• FY 2011-2012 Operating Budget (PDF)

5 Year Capital Improvement Program

• FY 2023-2027 (PDF)
• FY 2021-2025 (PDF)
• FY 2019-2023 (PDF)
• FY 2017-2021 (PDF) - Part 1
• FY 2017-2021 (PDF) - Part 2
• FY 2015-2019 (PDF)
• FY 2013-2017 (PDF)

20 Year Capital Plan

• 2021 20-Year Capital Plan (PDF)
• FY 2013-2032 (PDF)

DISCLOSURES

Annual Disclosures

• Annual Disclosure - FY 2023 (PDF)
• Annual Disclosure - FY 2022 (PDF)
• Annual Disclosure - FY 2021 (PDF)
• Annual Disclosure - FY 2020 (PDF)
• Annual Disclosure - FY 2019 (PDF)
• Annual Disclosure - FY 2018 (PDF)
• Annual Disclosure - FY 2017 (PDF)
• Annual Disclosure - FY 2016 (PDF)
• Annual Disclosure - FY 2015 (PDF)
• Annual Disclosure - FY 2014 (PDF)
• Annual Disclosure - FY 2013 (PDF)
• Annual Disclosure - FY 2012 (Accessible PDF)

FINANCIAL ADVISOR G42 LETTERS

• G-42 Official Statement - Revenue Bonds Series 2015
• G-42 Municipal Advisor Conflicts of Interest Disclosures 

OTHER DISCLOSURES

• Voluntary Notice of Delay in Preparation of Audited Financial Information, October 1, 2018

OFFICIAL STATEMENTS

• SFMTA Series 2021C Revenue Bonds - Official Statement
  • Series 2021C S&P Green Bonds Evaluation
• SFMTA Series 2021A/B Revenue Bonds - Official Statement
• SFMTA Series 2017 Revenue Bonds - Official Statement
• SFMTA Series 2014 Revenue Bonds - Official Statement (PDF)
• SFMTA Series 2013 Revenue Bonds - Official Statement (PDF)
• SFMTA Commercial Paper Offering Memorandum, September 2013.(PDF)
• SFMTA Series 2012A and B Revenue Bonds - Official Statement (PDF)
• SFMTA Official Statements - Bonds
  Information concerning the SFMTA available from the Electronic Municipal Market Access System (EMMA). Site visitors may find Official Statements, continuing disclosure filings and other materials relating to certain bonds issued by the SFMTA on EMMA.

RATINGS

• Moody's Credit Opinion – 03-14-24 (PDF)
• Standard & Poor's Rating Report – 01-19-24 (PDF)
• Standard & Poor's Rating Report – 07-20-22 (PDF)
• Moody's Credit Opinion – 07-05-22 (PDF)
• Moody's Credit Opinion – 01-28-21 (PDF)
• Standard & Poor's Rating Report – 01-21-21 (PDF)
• Standard & Poor's Rating Report – 11-20-20 (PDF)
• Standard & Poor's Rating Report – 11-26-19 (PDF)
• Standard & Poor's Rating Report – 08-31-18 (PDF)
• Standard & Poor's Rating Report – 06-19-18 (PDF)
• Moody’s Rating Report 2018 Commercial Paper Program – 06-14-18 (PDF)
• Standard & Poor's Rating Report – 05-15-17 (PDF)
• Moody's New Issue Report SFMTA 2017 Revenue Bonds – 05-12-17 (PDF)  
• Standard & Poor's Rating Report – 03-23-16 (PDF)
• Standard & Poor's Rating Report – 11-06-14 (PDF)
• Moody's Rating Report – 11-05-14 (PDF)
• Standard & Poor's Rating Report – 03-18-14 (PDF)
• Moody's Rating Report – 10-02-13 (PDF)
• Standard & Poor's Rating Report – 10-02-13 (PDF)
• Moody's Rating Report – 09-06-13 (PDF)
• Standard & Poor's Rating Report – 06-11-12 (PDF)
  (Accessibility: This document is not tagged. A blind-accessible copy of the text (tagged PDF) is available but cannot be certified as identical.)
• Moody's Rating Report – 05-22-12 (PDF)
  (Accessibility: This document can be read aloud by Adobe Reader. There are two graphics reading "Moody's Investors Service.")

ENABLING LEGISLATION

• 2021C Revenue Bond MTAB 201215-110
• 2021C Revenue Bond BOS 23-21
• 2017 Revenue Bonds MTAB 16-044
• 2017 Revenue Bonds BOS 231-16
• 2014 Revenue Bonds MTAB 14-154
• 2013 Revenue Bonds MTAB 10-15-13--13-234
• 2013 Revenue Bonds MTAB 09-03-13--13-206
• 2013 Revenue Bonds BOS 337-13
• 2012B Revenue Bonds MTAB 05-01-12-12-065
• 2011 Revenue Bonds MTAB 11-151

TRUSTEE APPOINTMENT

• Notice of Appointment of Successor Trustee, November 2013 (PDF)

POLICIES

• Debt Policy (PDF)
• Indexing Policy (Accessible PDF) Revised 4/3/18
• Contingency Reserve Policy (Accessible PDF)
• SEC Municipal Advisor Rule (Accessible PDF)
• Revenue Bond Policies and Procedures (PDF) Revised 9/18/2018
• SFMTA BOC Resolution (PDF)
• Capital Plan and Program Policies (PDF) Revised 7/13/2017
• Commercial Paper Policies & Procedures (PDF)
• Operating Budget Variance Review Procedures (PDF) 

(For accessiblity assistance please contact Aida Corpuz at 415.701.4658)