RCTC’s annual budget delivers more than $400 million in programs and projects. Major sources of funds for RCTC include:
Measure A - Riverside County’s voter approved ½ cent sales tax for transportation
Riverside County is comprised of three geographic areas: Western County, Coachella Valley, and Palo Verde Valley. The percentage of Measure A revenues allocated to each of these areas based on return to source is approximately 75% for Western County, 24% for Coachella Valley, and 1% for Palo Verde Valley. These percentages will experience some variations from year to year based on changes in levels of taxable sales.
The 2009 Measure A TIP defines the manner in which the sales tax revenues are to be spent, as presented in the following table. In Western County, public transit includes funding for specialized transit, commuter rail, intercity bus service, and commuter assistance. For the Coachella Valley, public transit includes specialized transit and public bus services.
Local streets and roads allocations to the local jurisdictions within each geographic area are based on population (in Western County and Palo Verde Valley) or dwelling units (in Coachella Valley) and taxable sales.
Transportation Uniform Mitigation Fee (TUMF) - a fee paid by new development to mitigate new transportation demands caused by growth
In addition, RCTC reviews and approves transportation projects funded with money from the federal Surface Transportation Program (STP), and the Congestion Mitigation and Air Quality program.
RCTC is also the agency that programs projects for State Transportation Improvement Program (STIP) funds, including special funds created by the state for programs like bicycle and pedestrian facilities and specialized transit for seniors and persons with disabilities.
In some cases local agencies and non-profits are eligible to apply for these funds on a competitive basis. Evaluation criteria are based on federal or state guidance in conjunction with priorities set by the Commission. See the Call for Projects for information on what is currently available.
Local Transportation Fund: LTF, established in state law by the TDA, is funded through a one-quarter of one cent of the State’s 7.50% sales tax. The intent of the legislation was to provide a dependable revenue stream for public transportation operations. Based upon an annual projection of LTF sales taxes that consider local economic factors and monthly receipt trends, the vast majority of LTF revenue in the County is allocated to the eight public transit operators, including the Commission for its share of Metrolink operations costs. Much like Measure A revenue, LTF had increased with the growth of the County and its economy until the recent economic slowdown.
Revenues received from LTF are allocated for regional and local transportation planning, program administration, bicycle and pedestrian facilities projects, public bus transit, and rail transit in Western County including the Commission for its share related to commuter rail operations. The Commission administers these funds on behalf of the County in a special revenue fund.