The 2024-25 Spending Plan: Transportation

Sep 10, 2024 - The budget includes $14  million (just over $13  million from GGRF and $279,000 from Proposition  1A bond funds) on an ongoing basis and authority to hire 67 state staff to replace work currently undertaken by consultants.
https://lao.ca.gov/Publications/Report/4925

The 2023-24 Budget: Proposed Fund Shift for CHP and DMV Capital Projects

Feb 27, 2023 - (Separate from the amounts shown in the figure for lease revenue bonds, the Governor proposes $13  million from the General Fund for the performance criteria for these six projects in 2023 ‑24.) In total, including all of the projects discussed above, the Governor ’s overall plan is to use $649  million in lease revenue bonds through 2025 ‑26 for the construction of 13 CHP and DMV projects that the administration had previously planned for General  Fund.
https://lao.ca.gov/Publications/Report/4710

Assessing California’s Climate Policies—Implications for State Transportation Funding and Programs

Dec 13, 2023 - While we estimate total revenues would decline even under the Reference Scenario (by $1.9 billion, or 13 percent), the state’s recently adopted and planned policies will expedite these underlying trends significantly.
https://lao.ca.gov/Publications/Report/4821

The 2022-23 California Spending Plan: Transportation

Sep 29, 2022 - The budget includes a one-year reduction in the diesel sales tax from 13  percent to roughly 9  percent beginning October 1, 2022. This reduction is intended to provide fiscal relief from high fuel costs to drivers and businesses.
https://lao.ca.gov/Publications/Report/4628

The 2023-24 Budget: Proposed Reauthorization of AB 8 Vehicle Fees

Feb 24, 2023 - For example, cap ‑and ‑trade auction revenues that flow into the Greenhouse Gas Reduction Fund (GGRF) have increased from $257  million in 2012 ‑13 to more than $3  billion annually in recent years. Much of this funding has been allocated to mobile source emissions reduction programs, including “A B  617 ” community air pollution reduction efforts as well as various clean transportation programs.
https://lao.ca.gov/Publications/Report/4708