South Florida Regional Transportation Authority Governing Board Workshop Agenda May 2026
SFRTA, FDOT Outline 10-Year Tri-Rail Funding Transition
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Description
SFRTA and the Florida Department of Transportation are negotiating a Memorandum of Understanding that will frame a 10-year transition of Tri-Rail operating and maintenance funding from the state to a dedicated local source by 2037. Under the framework, FDOT would provide a defined contribution for the first five years starting in 2027 and then fully end its operating support as SFRTA and the three counties assume financial responsibility and receive a perpetual rail corridor easement and related assets.
Contract Details
Vendor
STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION
Agency
South Florida Regional Transportation Authority, FL
Contract Type
FINANCIAL_SERVICES
Document Date
May 6, 2026
Contract Term
Planned 10-year phased transition 2027–2037; MOU effective date in 2026, with perpetual easement conveyance upon commencement of local funding source proposed for 2037
Renewal Date
2037-12-31
Renewal Info
This is a new interagency MOU intended to lead to a separate Funding Transition Agreement covering 2027–2037; FDOT’s statutory operating funding obligation will be reduced to zero by 2037, at which point a perpetual commuter rail easement and assets will be conveyed to SFRTA. No automatic renewal is specified; future amendments may be required if laws or appropriations materially change.
More from STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION
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PENDINGIssuing Agency
South Florida Regional Transportation Authority
Special District
Pompano Beach, FL
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