The president's Fiscal Year 2019 Budget cuts the critical Capital investment Grants program run by the Federal Transit Administration. Projects lacking a full-funding grant agreement, like the Sacramento Streetcar, may fall victim.
The two-thirds threshold proved to be no obstacle for Sacramento streetcar proponents in a special election held June 21, when at least *250 businesses owners voted to tax themselves to fund operations of the proposed streetcar.
The cities of West Sacramento and Sacramento have high hopes for a streetcar line planned for some of the most beautiful and urban neighborhoods in the region. The Trump Administration could still change the course of the project, however.
The future of cap-and-trade in California may be uncertain, but the $391 million allocated Tuesday from the program for greenhouse gas-reducing transit capital projects is real. A plan to release $1.2 billion of carbon revenue has been introduced.
Imagine taking a streetcar across Sacramento's iconic Tower Bridge for a three mile trip. Backers are en route to securing matching local funding for the project. However, local voters will have the final say in a June 2 Mello-Roos special election.