During the Loomis Town Council meeting on April 9, 2024, a significant discussion centered around a proposed half-cent sales tax measure aimed at addressing transportation challenges in Placer County. The meeting featured a presentation by Matt, the Executive Director of the Placer County Transportation Planning Agency (PCTPA), who outlined the need for increased funding to combat rising traffic congestion and declining transportation revenues.
Matt emphasized that California is facing a critical situation where traditional funding sources for transportation, particularly fuel taxes, are diminishing. With the rise of electric vehicles, which do not contribute to fuel tax revenue, the state is projected to lose approximately $6 billion in fuel tax over the next decade. This decline in revenue is compounded by the fact that nearly half of all transportation funding in California is generated locally, making it imperative for communities to find new ways to finance transportation projects.
The proposed sales tax measure is expected to generate approximately $1.58 billion over 30 years, with 17% of the revenue coming from non-residents. The PCTPA is not asking the council to vote on the tax itself but rather to approve a list of projects that would be funded if the measure passes. This list includes critical improvements to regional highways, local road enhancements, and investments in public transit.
Matt highlighted the urgency of addressing safety issues, particularly at the 8065 interchange, which has seen a high density of crashes. He noted that previous improvements had successfully reduced accidents in certain areas, but more work is needed to enhance safety and traffic flow.
The council's approval of the expenditure plan is a crucial step in moving forward with the measure, which will be presented to voters in November if it receives the necessary endorsements from all municipalities involved. The meeting underscored the importance of local funding in maintaining and improving transportation infrastructure, as Placer County is currently the largest county in California without a dedicated local funding measure for transportation.
As the council considers this proposal, residents are encouraged to engage in discussions about the potential impacts on their community and the importance of sustainable transportation solutions. The next steps will involve further presentations and discussions leading up to the anticipated ballot measure later this year.