February 16, 2007

Prop 1B update

The Transportation Commission staff today recommended funding only $2.8 billion worth of projects this year from Prop 1B's "mobility improvement" account rather than spending the full $4.5 billion that the measure envisioned for the first round. Why? Because they have doubts about whether all of the highway projects nominated by CalTrans and local transportation agencies could actually be built for the money they requested, given uncertainties about environmental approvals and construction costs. The staff suggested that the commission allocate the rest of the money in this first pot a year from now.

Posted by dweintraub on February 16, 2007 12:58 PM