2640 State Transit Assistance
Major Program Changes
  • Proposition 1B expenditures are based on recent and projected bond sales.

  • The Budget proposes to use non-Article XIX revenues in the State Highway Account to offset General Fund debt service costs. The $23 million in additional funding that was appropriated to State Transit Assistance in the tax swap from non-Article XIX revenues will instead be funded from the balance in the Public Transportation Account. $12 million in 2012-13 will be funded from an adjustment in the diesel sales and excise tax rates.