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VTA outlines county investment plan tied to proposed half‑cent sales tax; projects aim to boost bus, rail and safety
Summary
VTA staff told Campbell council a proposed half‑cent, 14‑year regional sales tax could yield about $264 million annually for Santa Clara County (FY31 estimate) after required set‑asides; VTA proposes 'foundation,' 'reimagine' and 'transform' investment categories and will seek city input before the board votes on a framework in June.
Sam Sargent, director of strategy at the Santa Clara Valley Transportation Authority, presented a draft local investment plan to the Campbell City Council on May 5 as part of outreach tied to a proposed regional sales‑tax measure. Sargent said the citizen initiative would be a half‑cent tax over 14 years and, after required allocations, could produce an estimated $264,000,000 annually to Santa Clara County in FY31.
Sargent told the council the measure sets aside about 10.38% to Caltrain “to cover our obligations as one of the three member agencies,” and about 5.25% to the Metropolitan Transportation Commission for administration and regional programs. He said VTA is organizing…
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