At the December 19, 2024 BPAC meeting, Jamie Parks, OakDOT Assistant Director, provided an update on the DOT implementation of the adopted FY25 budget, including hiring process and budget.

An excerpt is below, followed by the full presentation.

OakDOT’s Budget

• $113M annual operating budget
  • $28M – General Purpose Fund
  • $38M – Measure BB/VRF
  • $24M – Gas tax
  • $16M – Permit and inspection fees
  • $7M – Other funds (TDA, LLAD, Traffic Safety Fund, etc)
• Use of General Fund is entirely within Parking & Mobility Division
  • Manage on-street parking, garages, and parking enforcement
  • $28M of investment yields $45M projected revenue
• 63% of operating budget is personnel costs
  • $71M of $113M
  • 306 FTE
• 37% operations and materials
  • Parking contracts
  • Materials
  • Utilities

Capital Budget

• “Annual capital budget” is a moving target.
  • Approximately $50M of Measure KK/U annually
  • $3-5M annually of Measure BB and gas tax
  • $5M – $50M in capital grants
• 114 FTE ($36M) of DOT budget is for capital projects.
• Staff costs are typically 20-40% of total capital expenditures.

Presentation