The state of California is considering the first allocations from SB 1. Metro is not being shy with its requests and is asking for $2.4 billion for a variety of projects in the coming years. See page 3 on the above brochure. The California Transportation Commission (CTC) is considering applications with staff recommendations to be released in April.
As many of you know, SB 1 was approved by the Legislature last year and signed into law by Gov. Jerry Brown. The bill raised the state gas tax (for the first time in 23 years) and state vehicle fees and will supply a perpetual source of funding to fix California roadways, improve transit and build walking and biking projects.
Metro feels that it is very well positioned to win SB 1 funding because we have local funding to match state funding courtesy of Measures R and M. Those are the sales tax measures that L.A. County voters approved in 2008 and ’16, respectively, to fund a long list of transportation projects.
There is an effort underway to put a ballot measure before California voters to repeal SB 1. If it happens cities in L.A. County would lose $4.35 billion over the next decade to repair roads, make streets safer and invest in pedestrian and bike projects, according to the California Local Government Finance Almanac.
That would be unfortunate. In January, the Metro Board voted to support Proposition 69 (ACA 5), which protects the revenues generated from SB 1 and to oppose any efforts to repeal SB 1.