This memorandum provides an overview of projected revenue available in FY 2014-15 for capital construction and controlled maintenance projects. It also summarizes the state-funded capital construction requests for FY 2014-15. It also provides an overview of projected revenue versus requests for capital projects in FY 2014-15. There is a $566.7 million revenue shortfall to fund all capital requests.
Senate Bill 18-001, enacted during the 2018 legislative session, is a significant piece of transportation funding legislation. SB 18-001 commits state General Fund revenue for transportation projects and establishes financial mechanisms to address the passage or failure of transportation-related ballot measures. This issue brief summarizes the most important features of this law.