Notice of Public Hearing Valley Regional Transit Board Consideration of FY2026 Budget Amendment #1 Exhibit 1 In accordance with Idaho Code Title 40 Chapter 21, Section 12, Valley Regional Transit (VRT) notifies the public that it intends to review and consider for adoption an amended budget for Fiscal Year 2026. The Valley Regional Transit Board of Directors will meet at 12:00 PM on Monday, January 5, 2026 at the VRT administrative offices, 700 NE 2nd Street in Meridian, Idaho. People are welcome to make comments at the January 5 public hearing; limiting their comments to no more than three (3) minutes. Comments may also be mailed, faxed or e-mailed before Monday, January 5, 2026 at 12:00 PM to the destinations listed below. All comments will be provided to the Valley Regional Transit Board for review. Valley Regional Transit Fax Number: (208) 846-8564 Attn: FY2026 Budget Hearing E-mail: jrose@ridevrt.org 700 NE 2nd St. Suite 100 Subject: FY2026 Budget Amendment Hearing Meridian, ID 83642 FISCAL YEAR 2026 BUDGET REVENUES Regional Overhead Directly Generated Revenues $ - Auxiliary Revenues (810,900) Non Transportation Revenues - Federal Assistance (6,397,909) Local Assistance (3,094,696) TOTAL $ (10,303,506) Ada County Transportation Services Directly Generated Revenues $ (699,168) Auxiliary Revenues - Federal Assistance (5,136,433) Local Assistance (8,871,823) Draw from Surplus Fund Balance - TOTAL $ (14,707,424) Canyon County Transportation Services Directly Generated Revenues $ (85,216) Auxiliary Revenues - Federal Assistance (2,397,820) Local Assistance (1,428,400) Draw from Surplus Fund Balance - TOTAL $ (3,911,436) Specialized Transportation Services Directly Generated Revenues $ - Auxiliary Revenues - Federal Assistance (2,547,898) Local Assistance (1,225,653) TOTAL $ (3,773,551) Capital Projects Federal Capital Assistance $ (29,979,902) Local Capital Assistance (8,084,036) Subrecipient Pass Through (1,074,574) Draw from Surplus Fund Balance - TOTAL $ (39,138,512) Grand Total Revenues, All Sources $ (71,834,429) EXPENSES Regional Overhead Wages and Salaries $ 2,352,231 Fringe Benefits 1,543,379 Professional Services 3,715,998 Materials and Supplies 247,151 Utilities 74,040 Casualty and Liability 101,009 Purchased Transportation - Miscellaneous 951,201 Subrecipient Pass Through 1,255,497 Interest - Leases and Rentals 63,000 TOTAL $ 10,303,506 Ada County Transportation Services Wages and Salaries $ 6,305,300 Fringe Benefits 4,897,996 Professional Services 902,100 Materials and Supplies 1,236,400 Utilities 172,400 Casualty and Liability 629,182 Purchased Transportation 0 Miscellaneous 60,750 Interest 137,000 Leases and Rentals 366,296 TOTAL $ 14,707,424 Canyon County Transportation Services Wages and Salaries $ 1,684,577 Fringe Benefits 859,797 Professional Services 273,137 Materials and Supplies 712,999 Utilities 81,800 Casualty and Liability 272,421 Purchased Transportation - Miscellaneous 26,705 Interest - Leases and Rentals - TOTAL $ 3,911,436 Specialized Transportation Services Wages and Salaries $ 601,352 Fringe Benefits 462,313 Professional Services 869,000 Materials and Supplies 145,200 Utilities - Casualty and Liability 335,686 Purchased Transportation 1,330,000 Miscellaneous 30,000 Interest - Leases and Rentals - TOTAL $ 3,773,551 Capital Projects VRT $ 38,063,938 Subrecipient - Pass Through 1,074,574 TOTAL $ 39,138,512 Grand Total Expenses $ 71,834,429