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TRANSPORTATION AGENCY FOR MONTEREY COUNTY Memorandum | |
| | | | | | | | To: | Board of Directors | From: | Christina Watson, Director of Planning | Meeting Date: | December 5, 2018 | Subject: | State Elections Update |
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| | | | | | | | RECOMMENDED ACTION: | RECEIVE update on 2018 state elections. |
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| | | | | | | | SUMMARY: | Agency state legislative analyst Gus Khouri wrote up the results of the 2018 midterm elections. Of most importance to the Agency is the defeat of Proposition 6, which would have repealed the Senate Bill 1 funding for transportation and forced future transportation taxes to go to the voters. |
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| | | | | | | | FINANCIAL IMPACT: | The defeat of Proposition 6, Repeal of Fuel Tax and Vehicle Registration Fees, is a huge relief and victory for the proponents of 2017's Senate Bill (SB) 1 (Beall). SB 1 is bring in $5.2 billion statewide in transportation funds per year, funded through increases to the gas tax, sales tax on diesel and vehicle registration fees increases, for purposes of fixing local streets and roads, bridges, easing traffic congestion, improving public transportation, and providing bicycle and pedestrian programs. For Monterey County, funds from SB 1 will match Measure X funds to repair roads and highways, implement new bicycle and pedestrian projects, adds features to the Monterey County Rail Extension project, and presents the opportunity for additional grant and matching funding into the future.
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| | | | | | | | DISCUSSION: | Attached is a state elections update from Khouri Consulting. |
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