This document provides an overview and update on the Strategic Miami Area Rapid Transit (SMART) Plan. It summarizes briefings that have been conducted on the SMART Plan with various federal, state, and local partners. It outlines the timeline for the SMART Plan including project development and environment studies and the Federal Transit Administration project delivery process. The document also provides status updates on the priority corridors identified in the SMART Plan that are currently undergoing project development and environment studies. Additionally, it discusses next steps around developing implementation plans for the corridors and a countywide travel demand forecast. Finally, potential funding partners and sources for the SMART Plan are identified including federal, state, local, and private sector options.