george dondero, executive director gr. highway 1 corridor projects

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)

Dedicated Discretionary0

0.5

1

1.5

2

Reve

nue

(bill

ions

)

Fund Distribution

Bike/Ped 11%

Bus 43%

Rail 4%Hwy 9%

Local Streets & Roads 5%

Road Rehab 21%

TDM 1%

TSM 1% Other 4%

Average Annual Cost of Select Items

11

Gas Taxes $368

Internet $540

Coffee Habit $780

Cell Phone $852

Cable 1,032 $

What is the 18-cent Gas Tax Worth Today?

12

Nominal Inflation Adjusted Inflation and Mileage Adjusted

0

5

10

15

20

18.0

10.59.0

Cent

s/Ga

llon

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:

gdondero@sccrtc.org460-3202