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Measure M Investment Plan Update

Measure M Investment Plan Update. Measure M: A Contract With the Voters. Approved by 55 percent of voters in November 1990 after two failures One-half cent local transportation sales tax for twenty years Specific spending plan approved by voters Ends on April 1, 2011

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Measure M Investment Plan Update

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  1. Measure M Investment Plan Update

  2. Measure M: A Contract With the Voters • Approved by 55 percent of voters in November 1990 after two failures • One-half cent local transportation sales tax fortwenty years • Specific spending plan approved by voters • Ends on April 1, 2011 • Can be extended only with two-thirds majorityvoter approval

  3. Measure M: A Contract Fulfilled

  4. Without Measure M… • The I-5 would still be six lanes wide fromTustin north • No El Toro “Y” improvements • No widening of the SR-55, SR-91, SR-57 or SR-22 • $1 billion less invested in streets and roads • No Metrolink rail service • No rail rights-of-way • Higher fares for seniors and disabled

  5. Beyond Measure M IF NOTHING CHANGES: • Orange County loses $310 million of transportation funds in first year • Cities lose 50 percent of road maintenance funds • Ability to fund new transportation capacity is gone

  6. Orange County Future Growth 2000-2030 39% 27% 24% 15% Housing Traffic Population Jobs

  7. Why So Much Traffic? Growth in Traffic Far Outstrips Population in California Source: Public Policy Institute of California

  8. An Aging Population Source: Orange County Projections 2004,Center for Demographic Research, CSUF

  9. Renewing Measure M Requires: New Investment Plan Approved by: • Majority of city councils representingmajority of incorporated population • Board of Supervisors • Two-thirds of OCTA Board Plus: Two-thirds majority voter approval

  10. Why Renew Measure M Now? Promises Made, Promises Kept • Current Measure M projects delivered or underway Maintain Progress • Begin new projects by 2007 • Compete for state/federal funds Limited Options • Two-thirds vote may require more than one election cycle

  11. “Self-Help” Counties • 18 Self-Help Counties Have Local Transportation Sales Tax • All Southern California Self-Help Counties Except Orange County Have Extended Local Transportation Sales Tax San Bernardino 1/2 Cent Sales Tax Expires 2039 Los Angeles Two 1/2 Cent Sale Taxes No Expiration Riverside 1/2 Cent Sales Tax Expires 2039 Orange 1/2 Cent Sales Tax Expires 2011 San Diego 1/2 Cent Sales Tax Expires 2048

  12. Support for M Renewal

  13. Projects With Countywide Support

  14. Emerging Investment Plan: Overview • Thirty-year duration for Measure M renewal • Revenue estimate of $11.862 billion (2005) • Allocation • 43 percent for freeways • 32 percent for roads • 25 percent for transit • Environmental Cleanup Program • Transportation-related water quality improvements • Strong Voter Safeguards and Audit Provisions • Annual independent audits • Taxpayers’ Oversight Committee • 10-year reviews with voter approval for changes

  15. Emerging Investment Plan: Freeways Freeway Highlights: • Nearly $1.5 billion to improve the SR-91 • More than $1 billion to improve I-5 in South Orange County • Widen I-405 from Irvine to LA County • Fix Orange Crush and I-5/SR-55 interchanges • Widen SR-55, SR-57 and improve access to SR-22 and I-605

  16. Emerging Investment Plan: Streets & Roads Streets & Roads Highlights: • More than double funds for fixing local streets • Enable “master plan” of roads to be completed • Coordinate more than 2000 signals countywide on major roads across city boundaries • Provide flexible funds for safer school access and cleaning up road runoff

  17. Emerging Investment Plan: Transit Transit Highlights: 1. High-Frequency Metrolink - Reaches two-thirds of jobs and of population - Connect to LA, Inland Empire and San Diego - Upgrade stations, parking, crossings, quiet zones and safety improvements 2. Metrolink Extensions - Cities compete with best projects - Could be monorail, light rail, BRT or other technology 3. High-speed rail links 4. Community mini-bus services 5. Senior/disabled transit - Continue low fares - Continue and expand Senior Mobility Program - Continue and expand non-emergency medical transportation

  18. Emerging Investment Plan: Environmental Cleanup Environmental Cleanup Highlights: • Nearly $240 million exclusively for transportation-related water quality improvements • Competitive grant process; emphasize high-impact,most cost effective capital projects • Improvements made by cities, County, water and sewer agencies • Strong safeguards and audit requirements

  19. Emerging Investment Plan: Safeguards & Audits Taxpayer Safeguards and Audits Highlights: • All spending subject to annual independent audit • Public review of plan every 10 years; changes need voter approval • Annual report to taxpayers • Severe penalties for misspending funds • All funds kept in separate trust fund • Administration limited to 1 percent of funds • Taxpayers’ Oversight Committee reviews all spending

  20. Local Officials and Community Leaders Input Public Education and Outreach Release Draft Investment Plan for Review Revise and Refine Draft Investment Plan Request Cities and County Approval to Place Plan on the Ballot OCTA Adopts Measure to Go on Ballot Next Steps

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