George Dondero, Executive Director gr. Highway 1 Corridor Projects.

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Presentation transcript:

George Dondero, Executive Director gr

Highway 1 Corridor Projects

Bicycle/Pedestrian Projects

Need = $5.7 billion through 2035 Available Revenue = $2.8 billion

Financial Element $120 M Other Agency Discretion $2.1 B dedicated funds $440 M ½-cent Sales Tax and $10 Vehicle Reg Fee – Voter Discretion ($20 M/yr) $2.8 Billion Available Revenue through 2035 $155 M RTC Discretion ($7 M/yr)

Fund Distribution

Average Annual Cost of Select Items 11

What is the 18-cent Gas Tax Worth Today? 12

Working Together UCSC could support RTC research needs, Collaboratively we can improve multi-modal connections to UCSC Elected officials need to hear from you

Call for Action….. Cheap oil is history Climate Change is real Slowing it down means investing in options Those options help make walkable communities = more $ to spend locally Waiting for (state or federal) help?

Local funding / control is key Incremental approach is better than no action Success will depend on strong support by you A strategic campaign starts today Time to invest is now! Are you ready to begin the journey?

Thank you! Contact:

20-Year History of Base Excise Tax (Inflation Adjusted) 17 $0.116 $0.105