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2640 State Transit Assistance
Major Program Changes
- Chapter 733, Statutes of 2007 (SB 717), changed the allocation of Proposition 42 revenues going to local transit agencies receiving funding through the State Transit Assistance Program, increasing the local transit agency share from 50 percent to 75 percent, resulting in an increase to local transit agencies of $74.3 million in 2008-09. This reduced the share retained at the state level to fund intercity passenger rail and rail and transit capital projects by a like amount.
- The 2008-09 budget includes $350 million from Proposition 1B bond funds to provide funding to local transit agencies for capital projects.
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