Yesterday, on Tuesday, November 6, 2018, California voters rejected Proposition 6 which would have repealed a gasoline tax increase that went into effect in November 2017 through the enactment of the Road Repair and Accountability Act, or Senate Bill 1 (SB 1), in April 2017. The proceeds from SB 1 provide approximately $5 billion a year for road and transportation projects.
The defeat of Prop 6 will allow the proceeds from SB 1 to continue to be allocated to various projects across the California transportation network, including the Capitol Corridor train route.
Currently, the Capitol Corridor Joint Powers Authority (CCJPA) has several projects underway or in the planning phases that are financed with SB 1 funding. Taken together, these projects are designed to improve reliability, enhance safety, expand service, and reduce greenhouse gas emissions.
Into the future, the CCJPA will receive a direct appropriation of approximately $5 million every year, and every two years, is eligible to compete for awards of up to $250 million. This is on top of the $93 million that has already been received by the CCJPA over the past year to implement projects such as signal replacements, safety and security improvements, and expanded service to Silicon Valley and between Sacramento and Roseville.
Please know that the CCJPA is committed, as always, to being responsible stewards of all taxpayer-generated funds that are allocated to the CCJPA to improve and enhance the safe, reliable, customer-focused operation of the Capitol Corridor trains. Thank you!