Title:
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Approve and authorize the Chairman to execute the Fiscal Year 2025/26 Service Funding Agreement in the amount of $11,625,861 by and between Seminole County, Florida, and Central Florida Regional Transportation Authority (LYNX). Countywide (Timothy Jecks, Management & Budget Director)
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Division:
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Management and Budget
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Authorized By:
Timothy Jecks, Management & Budget Director
Contact/Phone Number:
Timothy Jecks/407-665-7181
Background:
Attached is the proposed Fiscal Year 2025/26 Service Funding Agreement between Seminole County and the Central Florida Regional Transportation Authority (LYNX). This Agreement includes Fixed Route Busses, NeighborLink, and ParaTransit Services, with service changes for Fixed Route and NeighborLink scheduled after January 11, 2026. There is no change for paratransit services. The funding agreement totals $11,197,997 for annual operating and $197,284 for capital costs plus an additional $230,580 for SunRail feeder service in the area for a total of $11,625,861. The total cost in this agreement is consistent with the approved Regional Funding Model used to allocate system costs between Orange, Osceola, and Seminole Counties.
This FY26 funding agreement includes budget savings from the reduction in 62,000 billed service hours from LYNX due to the transition from Fixed Route and NeighborLink to on-demand Micro-Transit services. FY26 partial year savings (after January 11) are approximately $7M and are forecast to be $10M annually.
Requested Action:
Staff requests the Board approve and authorize the Chairman to execute the Fiscal Year 2025/26 Service Funding Agreement in the amount of $11,625,861 by and between Seminole County, Florida, and Central Florida Regional Transportation Authority (LYNX)