Strategic Growth Plan, Bond Accountability

Right Column

Proposition 1B

graphical depiction of bond money distribution As approved by the voters in the November 2006 general elections, Proposition 1B enacts the Highway Safety, Traffic Reduction, Air Quality, and Port Security Bond Act of 2006 to authorize $19.925 billion of state general obligation bonds for specified purposes, including high-priority transportation corridor improvements, State Route 99 corridor enhancements, trade infrastructure and port security projects, school bus retrofit and replacement purposes, state transportation improvement program augmentation, transit and passenger rail improvements, state-local partnership transportation projects, transit security projects, local bridge seismic retrofit projects, highway-railroad grade separation and crossing improvement projects, state highway safety and rehabilitation projects, and local street and road improvement, congestion relief, and traffic safety.

 
Program Available Committed 1 Balance
  (Dollars in Thousands)
Corridor Mobility Improvement Account (CMIA)
$4,500,000 $4,499,785 $215
Route 99 Corridor Account (Rte 99)
$1,000,000 $962,582 $37,418
Trade Corridors Improvement Fund (TCIF)
$2,000,000 $1,979,868 $20,132
State Transportation Improvement Program (STIP) Augmentation
$2,000,000 $1,940,382 $59,618
State Highway Operations and Protection Program (SHOPP)
$500,000 $500,000 $0
Traffic Light Synchronization Program (TSLP)
$250,000 $250,000 $0
State-Local Partnership Program (SLPP)
$1,000,000 $1,000,000 $0
Local Bridge Seismic Retrofit Account (LBSRA)
$125,000 $125,000 $0
Highway-Railroad Crossing Safety Account (HRCSA)
$250,000 $247,293 $2,707
Intercity Rail Improvement (IRI)
$400,000 $400,000 $0
Public Transportation Modernization, Improvement, and Service Enhancement Account
$3,600,000 $3,555,764 $44,236
Local Street and Road, Congestion Relief, and Traffic Safety Account
$2,000,000 $2,000,000 $0
Goods Movement Emission Reduction Program
$1,000,000 $1,000,000 $0
School Bus Retrofit and Replacement Account
$200,000 $200,000 $0
Port, Harbor, and Ferry Terminal Security Account
$100,000 $100,000 $0
Transit System Safety, Security & Disaster Response Account
$1,000,000 $932,000 $68,000
Total $19,925,000 $19,692,674 $232,326

1 Total amounts programmed through June 30, 2017, including the two percent reserve for bond administration costs, except for PTMISEA Local Transit, which is the amount of funding awarded to local agencies as of that date, plus anticipated adminstrative costs. .