California Transportation Funds May Be Restored

摘要

An additional $1.3 billion in California transportation projects could be up for bid by the end of the year if the state legislature approves Gov. Arnold Schwarzenegger's (R) proposed restoration of Proposition 42 funds in the 2005-2006 budget. Prop. 42 is a 2002 measure that earmarks California fuel taxes specifically for transportation funding. The taxes were diverted to the general budget since fiscal year 2003 because of the state's fiscal crisis.