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California Transportation Commission: $217 billion shortfall projected over next decade
Summary
The California Transportation Commission told the Senate Transportation Committee that projected 10‑year needs outstrip expected revenues by about $217 billion, underscoring pressure to pursue new, sustainable funding at state, regional and federal levels.
The California Transportation Commission told the Senate Transportation Committee on the record that state and local transportation needs for the next 10 years total nearly $758 billion while available revenues total roughly $541 billion, creating an estimated shortfall of about $217 billion.
"The draft needs assessment ... projects 10 year needs of nearly $758,000,000,000 and available revenues of approximately $541,000,000,000 from federal state and local sources," Tanisha Taylor, executive director of the California Transportation Commission, told the committee. "This creates an anticipated shortfall of about $217,000,000,000 over 10 years."
Why it matters: the gap affects investment in state highways, local streets and…
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