Yesterday morning, the Placer County Board of Supervisors placed the Keep Placer Moving Transportation Investment Plan on the November ballot. If passed, the ballot measure would implement a half-percent countywide sales tax for 30 years and raise funds to be used specifically on transportation projects in the region.
“The vast majority of the money raised from this tax will go to fix state and federal highways,” said District 4 Supervisor Kirk Uhler, who sits on the Transportation Planning Agency Board. “It has been over a decade since we have received any money from the state or feds for any improvements to their roadways in Placer County.”
Over the next three decades, PCTPA estimates $3.5 billion will be needed to fund priority transportation projects. Existing funding mechanisms such as the gasoline tax, federal and state funding, and developer-paid traffic impact fees will only provide about $1.4 billion. The proposed measure would raise about $1.6 billion to fill the transportation funding gap.