Prop 1B: Infrastructure BondsProp 1B: Infrastructure Bonds

2007 Bay Area Vendor FairOakland, CA

May 24,2007

Bay Area Transportation:

California has a Transportation CrisisCalifornia has a Transportation Crisis

Indicators

Declining Pavement Maintenance

Increased Pressure on State Highway System

Growing Congestion

Impacts

Economic slowdown

Reduced quality of life

Environmental degradation

Congestion Costs California BillionsCongestion Costs California Billions Three of the 5 most congested U.S. urban

areas are in California

1. Los Angeles

2. San Francisco/Oakland

5. San Diego

Cost of congestion = extra fuel + wasted time + lost productivity

Total cost for California: $20.7 billion every year

$20 Billion Transportation Bond Steps Up

$20 Billion Transportation Bond Steps Up Estimated $4-5

billion to Bay Area over next 10 years

Significant down payment on needs identified in the Long Range Plan, but no silver bullet

Proposition 1B: Statewide Funding At A Glance

Proposition 1B: Statewide Funding At A Glance

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CategoryAmountDollars in billions

Corridor Mobility $ 4.5

Transit Capital $ 4.0

Goods Movement $ 2.0

Local Roads $ 2.0

State Transportation Improvement Program $ 2.0

Air Quality $ 1.2

State-Local Partnership $ 1.0

State Route 99 $ 1.0

Transit Security $ 1.0

Highway Repairs $ 0.5

Other $ 0.7

Total $ 19.9

Proposition 1B – Transportation BondProposition 1B – Transportation Bond

The Bay Area expects roughly $2 billion in formula funding and will go after a large share of competitive programs.

Mill

ions

of

Dolla

rs

TBD

$300$375

$1,269

0

500

1,000

1,500

2,000

Transit Local Roads STIP Competitive

Proposition 1B: Corridor Mobility Proposition 1B: Corridor Mobility

(Adopted by CTC February 28)

Total Regional funding of $1.7 billion to address Congestion and Safety in the Bay Area

Corridor Mobility: Ready-to-Go

Corridor Mobility: Ready-to-Go

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County Projects

Construction ContractAwardDate

Alameda I-580 EB HOV Lane: From Hacienda to Greenville 6/2008Solano I-80 / I-680/SR-12 Interchange and HOV Lanes Extension 6/2008Alameda I-580 / SR 84 Isabel Interchange Improvements 1/2009Sonoma US 101 HOV from Lanes Steele to Windsor River Road (North) 9/2008Sonoma US 101 HOV Lanes: Rohnert Park Expwy to Santa Rosa Ave (Wilfred) 1/2009Marin US 101 NB / I-580 WB Auxiliary Lane 3/2009Sonoma US 101 HOV Lanes from Railroad Ave to Rohnert Park Expwy (Central) 7/2009Alameda/ Contra Costa

SR-24 Caldecott Tunnel 4th Bore 8/2009

Alameda/ Contra Costa

I-80 Integrated Corridor Mobility 7/2009

Contra Costa SR-4 East HOV Extension from Somersville to SR-160 11/2010Santa Clara US 101 Widening and Interchanges from Yerba Buena to I-280/I-680 3/2010Napa / Solano SR-12 Jameson Canyon Widening: 4 lane alternative 9/2010Marin US 101 HOV Lanes MSN segment A: SR 37 to Atherton Avenue 6/2011Santa Clara I-880 HOV Extension from SR-237 in Milpitas to US-101 in San Jose 6/2011San Mateo

US 101 Auxiliary Lanes from Embarcadero Rd to SR 84 (Marsh Rd)4/2011

Santa ClaraUS 101 Widening/Auxiliary Lanes from SR-85 to Embarcadero Road

6/2011Alameda I-580 WB HOV Lane from Greenville to Foothill 8/2011Alameda I-880 SB HOV Lanes from Marina Blvd. to Hegenberger Road 3/2012

Proposition 1B Transit FocusFunds Expected over 10-Years

Proposition 1B Transit FocusFunds Expected over 10-Years

Bay A rea O perators51% of S tatew ide Funding - $922 M illion (FY06 est. )

50% R evenue -base d$1.8 B illio n

Bay A rea Re gional (M TC )19% of S tatew ide Funding - $347 M illion (FY 06 est. )

50% Po pulatio n-base d$1.8 B illio n

T ransit$3.6 B illio n

Propos ition 1 B$19.9 B illio n

*Subject of regional discussions

Population-Based Transit – Policy Principles

Population-Based Transit – Policy Principles Expand “Lifeline” commitment to low-

income communities

Invest in urban core transit improvements to support Smart Growth vision

Provide funding for ridership growth on smaller transit systems

Continue progress in Clean Air bus compliance

1010

Other Bond Programs Could Boost Bay Area ProjectsOther Bond Programs Could Boost Bay Area Projects

Trade Corridors

State-Local Partnership

Transit Security

Decisions to be made by CTC after additional program guidance through legislation

Eligible Projects will vary

Role of MTC and Bay Area project sponsors TBD

For More Information or to Download this Presentation Go to:

www.mtc.ca.govwww.mtc.ca.gov