Proposition 1B Accountability
Proposition 1B enacted by a vote of the people of California on November 7, 2006, authorized the issuance of $19.925 billion in State general obligation bonds for specific transportation programs. In clarifying legislation to Proposition 1B, Governor Arnold Schwarzenegger signed into law Senate Bill 88 (2007) which defines the role of the California Transportation Commission (Commission) further as the administrative agency, responsible for programming and allocating $11.625 billion of the $19.925 billion, for the Corridor Mobility Improvement Account (CMIA), State Route 99 (SR 99), Trade Corridors Improvement Fund (TCIF), Local Bridge Seismic Program, Highway-Railroad Crossings Safety Account, augmentation of the existing State Transportation Improvement Program (STIP) and the State Highway Operation and Protection Program (SHOPP), Traffic Light Synchronization, and State and Local Partnership Program. In addition, Executive Order S-02-07, issued by the Governor on January 24, 2007, mandated the development and implementation of an accountability plan, with the primary focus on the delivery of bond funded projects. The Commission adopted the following guidance for oversight and accountability of Proposition 1B bond funds:
- Accountability Implementation Plan - Supplement 2 - Project Cost Savings 12/10/09
- Accountability Implementation Plan - Supplement 1 - Financial Accountability 07/01/2008
- Accountability Implementation Plan
California's Strategic Growth Plan Bond Accountability
California's Strategic Growth Plan Bond Accountability Website was created by the Department of Finance at the direction of Governor Schwarzenegger to enhance transparency in state government activities, and earn the trust of the voters who approved an historic level of bond funding in November 2006 for the purpose of ensuring a vital infrastructure future for California.
Click on the Proposition "1B - Transportation" link in the left hand margin to access specific details of individual programs authorized by Proposition 1B.
For additional information on Proposition 1B Accountability, contact: