State Budget Update

Proposition 1B Implemenation: FY 2007-08 Appropriations

October 2007

Transit Funding

Of the $600 million appropriated statewide for the PTMISEA, the Bay Area will receive approximately $213 million, including $155 million for the revenue-share portion — which goes directly to transit operators — and almost $58 million for the population-share. Click here for the amounts by operator, provided by the state controller.

Local Streets and Roads

The budget appropriates $950 million of the total $2 billion available from the bond package to cities and counties for the Local Street and Road Improvement, Congestion Relief and Traffic Safety Account. The League of California Cities and the California State Association of Counties (CSAC) both supported a distribution that would have allocated $550 million to cities and $400 million to counties. This was incorporated into AB 196 last week and now awaits the Governor's signature. Click here for detailed information on each jurisdiction’s share of funds.

Transit Security

Of the $100 million appropriated statewide, $60 million is for the formula-based transit security and emergency response program, $25 million is for a competitive ferry emergency response program, and $15 million is for a competitive intercity rail program. Pursuant to SB 88, an operator who is eligible to receive funds under the intercity rail program may not also claim funds under the formula-based program. Consequently, it appears that the Altamont Corridor Express (ACE) train would therefore need to choose from the two programs.  Assuming ACE remained in the formula-based program, in which all funds would go directly to transit operators, the region would receive approximately $21.3 million. Click here for the estimated shares for each operator.

More information on Proposition 1B implementation