Jila Priebe and Wendy King, CalTrans - CalACT

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PTMISEA • Created by Proposition 1B – The Highway Safety, Traffic Reduction, Air Quality, <strong>and</strong> Port Security Bond Act of 2006. • $3.6 billion dollars designated for transit capital projects over a ten-year period.
PTMISEA Process Overview • Appropriation in the State Budget • Funds are divvied by formula amongst agencies as identified by the State Controller’s Office. • Controller’s Office sends a letter to each eligible recipient notifying them of the amount of PTMISEA available. • Agencies are asked to submit an Expenditure Plan to Caltrans.
Page 1: Public Transportation Modernization
Page 5 and 6: Distribution of Funds • Once bond
Page 10 and 11: Projected Cash Flow
Page 12 and 13: Ineligible Use of Funds • Funds m
Page 14 and 15: Semi-Annual Progress Reports • Du
Page 18 and 19: Semi-Annual Progress Reports
Page 20 and 21: Final Report
Page 22 and 23: Expectations • Expectations: •
Page 24 and 25: Expectations Continued • We expec
Page 26 and 27: High Risk List • Agencies will be
Page 28 and 29: High Risk List Continued • In add
Page 30 and 31: Future Appropriations • $800 mill
Page 32 and 33: Bond Accountability Website www.bon
Page 34: Q & A Wendy King PTMISEA Program Ma

Jila Priebe and Wendy King, CalTrans - CalACT

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