Posted Jun 11, 2016, 10:32 AM
|
Registered User
|
|
Join Date: Sep 2005
Posts: 3,132
|
|
Quote:
Revised spending plan for potential ballot measure would fund and accelerate more projects
A revised spending plan [pdf] for a potential November sales tax ballot measure was released Friday by Metro and would accelerate more projects, allow more transit projects to become rail, include more overall projects and increase funding that goes to local cities and unincorporated areas for their own transportation improvements.
The potential ballot measure — now called the Los Angeles County Traffic Improvement Plan — would ask voters to consider a new half-cent sales tax in Los Angeles County and continuation of the existing Measure R half-cent sales tax in perpetuity or until voters decide to end the taxes. The idea is to create a sustained funding stream for mobility projects crucial to the region’s mobility, economy and quality of life. [Note: of the three sales tax increases approved by L.A. County voters for Metro, two continue until voters decide to end them whereas Measure R is currently set to expire in mid-2039].
•Accelerate nine projects, including improvements for the Orange Line, both phases of a potential light rail line between downtown Los Angeles and Artesia, the widening of the 5 freeway between the 605 and the 710, a northern extension of the Crenshaw/LAX Line, the Green Line extension to Torrance, the Green Line extension to the Norwalk Metrolink station, road improvements in the Malibu/Las Virgenes area and a potential bus rapid transit on Lincoln Boulevard.
•Increase funding to upgrade projects. Under the new plan, the Eastside Gold Line Extension could be built to both South El Monte and Whittier and in later years of the plan, the Vermont Corridor project could potentially be a subway, a Lincoln Boulevard transit project could be light rail and the North Hollywood-to-Pasadena transit project could also be light rail.
•Increase money directly returned to cities and unincorporated areas from 16 percent to 17 percent from 2018 until 2040 when the amount is raised to 20 percent. Also, the amount of funding that would go to Metrolink would increase by one percent in 2040 and thereafter.
|
http://thesource.metro.net/2016/06/1...more-projects/
|