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Evaluation of Plan Bay Area

September 30, 2014

Cox examines the ability of the Bay area to meet its fiscal obligations for the Bay Area Transit plan and finds is lacking. The plan anticipates spending more than $10.

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Cox examines the ability of the Bay area to meet its fiscal obligations for the Bay Area Transit plan and finds is lacking. The plan anticipates spending more than $10.1 billion by 2030 on transit, streets, pedestrian, and cycling facilities as well as planning, safety, and security measures to support the system. Approximately 71 percent of the 2030 plan funding would be spent on transit, 15 percent on streets, 10 percent on pedestrian and cycling facilities, and the balance of 4 percent on transportation safety, security, and planning. However, the city has only identified approximately $3.8 billion in available funding leaving an almost $6.3 billion deficit -- almost all of the shortfall is due to transit.

Author
Wendell Cox is a consultant specializing in urban policy (housing, land use, transportation, governance), demographics and intercity transport and a policy advisor to The Heartland Institute.
wcox@heartland.org