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RCTC approves midyear revenue projections; TUMF forecast cut to $22 million
Summary
The Riverside County Transportation Commission on Feb. 11 approved midyear revenue projections that keep Measure A (~$280M) and the Local Transportation Fund (~$150M) stable while lowering the TUMF forecast from $30M to $22M and approving a $405,000 midyear expenditure adjustment; the motion passed 29–0.
The Riverside County Transportation Commission on Feb. 11 approved midyear revenue projections for Measure A, the Local Transportation Fund (LTF) and the Transportation Uniform Mitigation Fee (TUMF), and authorized a $405,000 midyear amendment for the regional conservation department. The commission voted 29–0 to adopt the combined recommendations presented by Jennifer Fuller, deputy director of finance.
Fuller said the commission’s consultants and staff analyzed current receipts, historical trends and economic indicators to develop the projections. She told commissioners Measure A is expected to remain near…
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