The 2020-21 Spending Plan: Transportation

Oct 5, 2020 - Loans and Transfers From Transportation Accounts. The budget includes a $21  million loan from the Local Airport Loan Account to the General Fund and a $32  million transfer from the Traffic Congestion Relief Fund to the General Fund.
https://lao.ca.gov/Publications/Report/4272

Impact of COVID-19 on State Transportation Revenues

Sep 17, 2020 - Shared revenues for cities and counties are estimated to increase from $2.6  billion in 2019 ‑20 to $2.8  billion in 2020 ‑21. However, this is $256  million (9  percent) less than what was previously estimated for 2019 ‑20 and $231  million (8  percent) less than previously estimated for 2020 ‑21.
https://lao.ca.gov/Publications/Report/4268?utm_source=t.co&utm_medium=referral&utm_campaign=4268

SB 1 Has Doubled Major Source of State Funding for Local Streets and Roads

Jan 24, 2020 - Roughly two-thirds of the revenue is transferred into the newly created Road Maintenance and Rehabilitation Account (RMRA). O f this amount, $762  million is set aside annually for specified purposes such as active transportation, bridge and culvert repairs, and transportation research.
https://lao.ca.gov/Publications/Report/4142