On June 20th, Gov. Jerry Brown signed the FY 2014-15 California State Budget which includes an expenditure plan for cap-and-trade revenues. The expenditure plan has allocated $832 million towards programs that will help reduce greenhouse gas emissions, with set-asides for projects benefiting disadvantaged communities.
SCAG, as part of its board-adopted 2013 and 2014 legislative priorities, has partnered with transportation, local government, business and environmental stakeholders from around the state to work closely with the legislature to ensure that equitable allocations of cap-and-trade revenues flow to transportation programs and policies reducing greenhouse gas emissions. These critical funding programs are expected to help local jurisdictions and SCAG’s partners implement the 2012-2035 Regional Transportation Plan/Sustainable Communities Strategy.
The following information will provide partners and stakeholders with the most up-to-date information and resources available on funding opportunities.