California Transportation Commission (CTC) has adopted a five-year state transportation funding plan 
that cuts USD 754 million and delays another USD 755 million in highway, rail,transit, bicycle and pedestrian project spending.
It is the largest funding reduction since the current state transport funding structure was adopted 20 years ago.
“It’s highly unfortunate that we had to take this action. This means that desperately needed transport projects throughout California won’t happen at all or will be significantly delayed, CTC Chair Bob Alvarado said.
Based on that reduction,the CTC anticipates a USD 1.5 billion funding shortfall for project commitments previously made for fiscal years 2016-17 through 2018 -19, leading to the project funding cuts and delays included in the 2016 State Transportation Improvement Program adopted on May 18.
“Because transport projects typically are funded from multiple sources, the total statewide economic impact of the funding cuts and delays likely will run into the billions,” said Alvarado.
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