Proposition 1B
As approved by the voters in the November 2006 general elections, Proposition 1B enacts the Highway Safety,
Traffic Reduction, Air Quality, and Port Security Bond Act of 2006 to authorize $19.925 billion of state
general obligation bonds for specified purposes, including high-priority transportation corridor improvements,
State Route 99 corridor enhancements, trade infrastructure and port security projects, school bus retrofit and
replacement purposes, state transportation improvement program augmentation, transit and passenger rail
improvements, state-local partnership transportation projects, transit security projects, local bridge seismic
retrofit projects, highway-railroad grade separation and crossing improvement projects, state highway safety
and rehabilitation projects, and local street and road improvement, congestion relief, and traffic safety.
Program |
Available |
Committed1 |
Balance |
|
(dollars in thousands) |
Corridor Mobility Improvement Account (CMIA) 2
|
$4,500,000 |
$4,500,000 |
$0 |
Route 99 Corridor Account (Rte 99)
|
$1,000,000 |
$990,000 |
$10,000 |
Trade Corridors Improvement Fund
|
$2,000,000 |
$2,000,000 |
$0 |
State Transportation Improvement Program (STIP) Augmentation
|
$2,000,000 |
$2,000,000 |
$0 |
State Highway Operations and Protection Program (SHOPP)
|
$500,000 |
$500,000 |
$0 |
Traffic Light Synchronization
|
$250,000 |
$250,000 |
$0 |
State-Local Partnership Program Account 2
|
$1,000,000 |
$980,992 |
$0 |
Local Bridge Seismic Retrofit Account
|
$125,000 |
$125,000 |
$0 |
Highway-Railroad Crossing Safety Account
|
$250,000 |
$250,000 |
$0 |
Intercity Rail Improvement
|
$400,000 |
$400,000 |
$0 |
Public Transportation Modernization, Improvement, and Service Enhancement Account
|
$3,600,000 |
$3,496,499 |
$103,501 |
Local Street and Road, Congestion Relief, and Traffic Safety Account of 2006
|
$2,000,000 |
$1,950,000 |
$50,000 |
Goods Movement Emission Reduction Program
|
$1,000,000 |
$1,000,000 |
$0 |
School Bus Retrofit and Replacement Account
|
$200,000 |
$200,000 |
$0 |
Port, Harbor, and Ferry Terminal Security Account
|
$100,000 |
$100,000 |
$0 |
Transit System Safety, Security & Disaster Response Account
|
$1,000,000 |
542,466 |
457,534 |
Total |
$19,925,000 |
$18,333,232 |
$1,572,760 |
1 These figures include a two percent reserve for bond administration fees.
2 Program closed to further allocations or programming.