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California State Rail Plan 2007-08 to 2017-18

California State Rail Plan 2007-08 to 2017-18

California State Rail Plan 2007-08 to 2017-18

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Chapter XII – Intercity <strong>Rail</strong> FundingThe Budget Act of <strong>2007</strong>-<strong>08</strong> appropriates $122.5 million of these funds <strong>to</strong>the Department.• Trade Corridor Improvement Program – Proposition 1B includes $2 billionfor infrastructure improvements along federally designated “TradeCorridors of National Significance.” These projects have not beenprogrammed but <strong>to</strong> the extent they are on intercity rail routes they wouldbenefit the intercity rail program.• In addition, Proposition 1B makes available about $2 billion in additionalSTIP funding. Under current law, intercity rail and grade separationprojects are required <strong>to</strong> receive 2.25 percent of the entire STIP (or ninepercent of the ITIP). Intercity rail and grade separations received anadditional $74 million in the STIP Augmentation approved by the<strong>California</strong> Transportation Commission in June <strong>2007</strong>.THE PASSENGER RAIL AND CLEAN AIR BOND ACT OF 1990(PROPOSITION 1<strong>08</strong>)The 1989 Blueprint Legislation authorized three $1 billion rail bond measures <strong>to</strong>be placed on the ballot in 1990, 1992, and 1994. In 1990, voters approved the first$1 billion rail bond measure, The Passenger <strong>Rail</strong> and Clean Air Bond Act of 1990,but did not approve the subsequent two bond measures in 1992 and 1994. To date,almost all bond proceeds have been used <strong>to</strong> fund new rail projects andimprovements <strong>to</strong> existing systems, including $225 million for intercity rail capitalprojects.CLEAN AIR AND TRANSPORTATION IMPROVEMENT ACTOF 1990 (PROPOSITION 116)Proposition 116 provided a $1.99 billion one-time source of funding for rail andtransit projects. Proposition 116 contained about $382 million for intercity railcapital projects, $1.37 billion for urban and commuter rail projects, and$235 million for other transit and transit-related projects. Most of these bondfunds have been allocated.TRIBAL COMPACT BONDSChapter 91, Statutes of 2004 (AB 687, Nunez) ratified amendments <strong>to</strong> the Tribal-<strong>State</strong> Gaming compacts negotiated by the Governor with five tribes havinggaming income. The bill authorized the issuance of bonds, secured by up <strong>to</strong>$1.5 billion in Indian gaming revenue, <strong>to</strong> be dedicated for transportationimprovement purposes. Based on the statute, the PTA would receive$275 million, the SHA would receive $477 million, the TCRP would receive$453 million, and $192 million would go <strong>to</strong> local streets and roads. However, the2005-06 Budget authorized $1 billion in tribal bond income <strong>to</strong> be used <strong>to</strong> pay most197

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