The San Mateo County Transportation Authority’s (TA) Board of Directors unanimously approved a $76.2 million budget for the 2019 Fiscal Year that begins July 1.
The budget, which was approved at the TA’s regular board meeting Thursday evening, includes $31.5 million in Annual Allocations, $1.8 million in Oversight and $1.9 million in Administrative expenses.
Approximately $41 million in Measure A Category Program Expenditures will help fund projects/programs for Alternative Congestion Relief, Dumbarton, Caltrain, Pedestrian & Bicycle, Local Shuttles, Streets & Highways, Grade Separations and San Mateo County Ferry Service.
The TA was created in 1988 following the approval of Measure A from San Mateo County voters. Measure A directs revenue from a ½-cent sales tax toward transportation and infrastructure improvement projects in the Peninsula. Over the first 20 years of the program, it provided $1.2 billion for local projects and leveraged an additional $1.2 billion from state and federal sources.
In 2004, more than 75 percent of San Mateo County voters opted to reauthorize Measure A for an additional 25 years.