Thursday, September 13, 2007

Transportation Funding Update

Transportation Funding Update

Proposition 1B, the $19.9 billion dollar statewide transportation bond that was passed by voters in November 2006, has brought severely needed financial resources to Solano County. The I-80/I-680/State Route 12 Interchange failed to land funding from the competitive portion of the bill, called the Corridor Mobility Improvement Account (CMIA). Local matching funds may be a factor. California Transportation Commission Chairman Jim Ghielmetti said, “You need to locally help yourself before the state will help you.” 86% of California residents pay a voter-approved county sales tax for transportation.

This tone was prevalent as the other 7 Bay Area Counties with a local transportation measure garnered most of the $1.3 billion that came to the Bay Area from this Proposition category. However, the I-80 High Occupancy Vehicle (HOV) lanes project landed $56 million, while Jameson Canyon Phase 1 landed $74 million in bond money. Both projects are now fully funded. STA‟s next focus is to obtain funds from the Trade Corridor element of the Proposition for the relocation of the I-80 eastbound Cordelia Truck Scales.

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