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9/27/2006



Rail News: Rail Industry Trends

San Francisco-area transportation officials testify on $20 billion bond measure


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Today, San Francisco-area transportation officials will testify before the California Senate Transportation and Housing Committee to outline the region’s transportation needs and comment on the November ballot’s $19.9 billion transportation bond measure.

The ballot measure would authorize the state to sell about $20 billion of general obligation bonds to fund transportation projects, including $4 billion for capital improvements to local transit services, the state’s intercity rail service and transit facilities, and $1.5 billion to increase transit security and improve grade crossing safety.

Bay Area Rapid Transit Board Vice President Lynette Sweet and officials from the Metropolitan Transportation Commission, California Department of Transportation, Bay Area Council, Capitol Corridor and Water Transit Authority plan to testify.


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