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Transportation (4)
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Results in Transportation from the past 5 years


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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

The 2021-22 Budget: Initial Comments on the Governor’s May Revision

May 17, 2021 - The funds will be transferred soon, but the state has until December 31, 2024 to use the funds. The U.S. Department of the Treasury recently released detailed guidance with more detail on how these funds can be used.
https://lao.ca.gov/Publications/Report/4432

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

Dec 13, 2023 - Funding provided to cities and counties for local streets and roads will also experience significant reductions under this scenario, decreasing by $900 million (26 percent) by 2034‑35. While the other programs displayed in the figure will experience smaller reductions in terms of total dollars, it is important to note that they are more reliant on fuel tax revenues.
https://lao.ca.gov/Publications/Report/4821