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REVENUE DECLINING - PROJECT DELIVERY CONTINUES TO BE COMMISSION'S PRIORITY

As part of the annual budget process, the Riverside County Transportation Commission (RCTC) released its revenue projections for FY 2010/11. Revenue projections include Measure A, the ½ cent sales tax initiative; Local Transportation Fund (LTF), which consists of funding derived from a ¼ cent of the state's general sales tax; State Transit Assistance (STA) revenues, which are generated from the statewide sales tax on gasoline and diesel fuel as well as funding from Transportation Uniform Mitigation Fees (TUMF). TUMF revenues consist of fees charged to new developments to ensure they pay for transportation facilities needed to accommodate growth.

When making projections, RCTC staff considers revenue trends, historical and economic data as well as forecast studies. As illustrated in the table below, the recession has significantly impacted the Inland Empire's local economy. For comparative purposes, Measure A receipts were at its highest level in FY 2005/06, and the current Measure A revenue projections reflect a 24% decrease over a three-year period. STA revenues have been significantly impacted by the state budget problems with no allocations in FY 2009/10 and
FY 2010/11.

Delivering projects continues to be RCTC's priority.  A major project, scheduled to begin construction by fall 2010, is the 60/215 East Junction High Occupancy Vehicle (HOV) lane connector project, between Box Springs Road overcrossing and Day Street.  Once completed, the project will close an existing gap and ensure continuous HOV lane access between Riverside and Moreno Valley on the 60/215 freeway.


GRAND OPENING: PERRIS STATION TRANSIT CENTEr

Transit riders can look forward to utilizing a brand new transit center in the heart of Downtown Perris. On January 11, 2010, RCTC, in partnership with the Riverside Transit Agency and the city of Perris, held a ribbon cutting ceremony to celebrate the opening of Riverside County's newest transit center.

This event commemorated the first phase of what will eventually grow into a major multimodal center with service provided on seven bus routes. The $5 million facility features eight bus bays and a 141-space park-and-ride lot. Another added feature includes an artwork theme inspired by renowned animator Ward Kimball, who created a number of Disney's classic characters. Within a few years, the Perris Station Transit Center will also be home to a Metrolink commuter rail stop on the planned Perris Valley Line.

COMMISSION SPONSORED PROJECTS RECEIVING FEDERAL FUNDING

In December 2009, President Obama signed a consolidated appropriations bill containing congressionally-directed funding for the following transportation projects in Riverside County:

  • $5,000,000 - Perris Valley Line
  • $500,000 - I-10/Bob Hope Interchange
  • $750,000 – SunLine Transit Agency - paratransit buses and commuter coaches
  • $1,349,000 - Alameda Corridor East Grade Separations, Riverside County
  • $487,000 - Metrolink - Positive Train Control
  • $750,000 - SR-60/Portrero Blvd Interchange
  • $208,000 - City of Corona's Dial-A-Ride Bus Replacement Program
  • $1,400,000 - Riverside Transit Agency's Bus Replacement Program

Upcoming Meeting

RCTC will hold its annual workshop on Thursday, January 28, 2010, at 2:30 p.m., the workshop will conclude Friday, January 29, 2010. The meeting will be held at the Embassy Suites, located at 50-777 Santa Rosa Plaza, La Quinta, California.


Follow RCTC on Twitter

In an effort to enhance public outreach, RCTC has created a twitter account — an internet messaging site which allows anyone to post information on a real time basis. If you use Twitter, you can follow RCTC at twitter.com/RCTC.

Transportation in the News

Sales Tax Dip to Slow Riverside County Highway Spending
(Press Enterprise, 1/13/2010)

New Transit Center to Open In Perris
(Press Release, 1/4/2010)

Riverside County Transportation Commission
P.O. Box 12008 • Riverside, CA 92502-2208 • Phone: (951) 787-7141 • Fax: (951) 787-7920
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