LA Legislators Seek Yearly $3.3 Billion Allocation for Public Transit System in Los Angeles
In a significant development, fourteen members of the California State Assembly and Senate have joined forces to request $3.3 billion annually for Los Angeles' transit agencies. The letter, penned by members of the Los Angeles' legislative delegation, was addressed to Gov. Gavin Newsom, Assembly Speaker Robert Rivas, and Senate President Pro Tem Mike McGuire.
The request is directly linked to the state's trading program for greenhouse gases and the revenue generated by it. The letter is part of a broader fight over the revenue dispersed by the Greenhouse Gas Reduction Fund, which distributes cap-and-trade revenues.
Negotiations over this distribution have intensified in recent days, with the letter from the Los Angeles delegation being one of the key factors contributing to this escalation. The intensification of negotiations could potentially influence the future of transportation funding in California, underscoring the importance of the state's trading program for greenhouse gases in funding California's transit systems.
The letter argues that state officials have overlooked Southern California transit in favour of high-speed rail and Bay Area systems. Previous investments have been made in the Bay Area and Central Valley transportation, with a current proposal suggesting $1 billion annually for high-speed rail. However, the letter suggests that fairness and climate science require that $3.3 billion annually be invested in Los Angeles County transit.
The request for funds for Los Angeles' transit agencies is significant as it represents a large sum of money. The intensification of negotiations may impact the outcome of this request, potentially affecting the balance of funding between different transit systems in the state.
The letter highlights the ongoing debate about the fairness of funding allocation in California's transit systems. The intensification of negotiations could potentially influence the future of transportation funding in California, underscoring the importance of ensuring a balanced and equitable distribution of resources.
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