On November 8, 2016, the voters of Monterey County, approved Measure X on the Monterey County Ballot, thereby authorizing TAMC to impose a three-eighths cent transaction and use tax (“Measure X”) and administer the proceeds. Measure X is estimated to generate $600 million over 30 years for transportation improvements in Monterey County. Of that amount, $360 million (60%) will be distributed to the cities and the County for local projects, while the remaining $240 million (40%) is programmed to regional safety and mobility projects.
The duration of the Measure X sales tax will be 30 years from the initial year of collection, which began April 1, 2017, with said tax to terminate/expire on March 31, 2047. The tax proceeds will be used to pay for the programs and projects outlined in TAMC’s Transportation Safety and Investment Plan (the “Measure X Investment Plan”), as it may be amended.
The County's 5-Year Capital Improvement Program, approved by the Board of Supervisors in June 2018, identifies transportation projects that are anticipated to be funded with a range of fund sources, including the County's share of Measure X funds. A summary of that program is attached.
A report of the County's Measure X expenditures during fiscal year 2017/2018 is also attached. This report provides a summary of the eleven projects completed, their costs and the amount of Measure X funds used for the project.