Lower gas prices and decreased revenue from California’s Price Based Excise Tax (PBET) on gasoline are taking their toll on the state’s transportation funding. California Transportation Commission (CTC) staff recently recommended enormous decreases in the upcoming five-year State Transportation Improvement Program (STIP). The CTC Commission will consider the staff’s recommendations and is expected to make a final decision at its meeting on May 18 and 19.
The staff’s recommendations include no new transportation projects in the next five years, as well as ...
Nossaman’s 30-plus infrastructure attorneys offer clients, colleagues, strategic partners and industry media a wealth of practical experience, insider insight and thoughtful analysis here on Infra Insight. We blog about what we know best, from industry-leading procurements to local and national policy developments that affect the market and our clients.
Stay Connected
RSS Feed
Categories
- Airports
- Alternative Project Delivery
- Bridges
- California Environmental Quality Act
- Cybersecurity
- Design-Build
- Financing
- High-Speed Rail
- Job Opening
- Legislation
- News
- P3s
- Policy
- Ports
- Rail and Transit
- Social Infrastructure
- Tollroads/ Turnpikes/ Managed Lanes
- Transportation Infrastructure
- Tunnels
- Water