Add Us On Google Add as a preferred source on Google PORTLAND Ore. (KPTV) - More layoffs and budget cuts are coming to TriMet as the agency announced it’s updating its budget with costs continuing to rise. The revised budget cuts spending by about $64.5 million for the 2027 fiscal year, which starts on July 1, 2026. It includes about 170 layoffs of both union and non-union workers. Those cuts are just a fraction of what the agency needs to balance the budget.