1. 1 Measure M Investment Plan Update

2. 2 Measure M: A Contract With the Voters Approved by 55 percent of voters in November 1990 after two failures One-half cent local transportation sales tax for twenty years Specific spending plan approved by voters Ends on April 1, 2011 Can be extended only with two-thirds majority voter approval

3. 3 Measure M: A Contract Fulfilled ProjectsCompletedUnderway I-5 I-5/I-405 Widening SR-55 SR-57 SR-91 P.E. ROW Purchase Metrolink: OC to LA Metrolink: Riverside to OC Fare Stabilization Transitways Regional Road Projects Local “Turnback” SR-22 I-5 Far North Rail transit

4. 4 Without Measure M… The I-5 would still be six lanes wide from Tustin north No El Toro “Y” improvements No widening of the SR-55, SR-91, SR-57 or SR-22 $1 billion less invested in streets and roads No Metrolink rail service No rail rights-of-way Higher fares for seniors and disabled

5. 5 Beyond Measure M IF NOTHING CHANGES: Orange County loses $310 million of transportation funds in first year Cities lose 50 percent of road maintenance funds Ability to fund new transportation capacity is gone

6. 6 Orange County Future Growth 2000-2030 24% 39% 27% 15% PopulationJobs HousingTraffic

7. 7 Why So Much Traffic? Growth in Traffic Far Outstrips Population in California Source: Public Policy Institute of California

8. 8 An Aging Population Source: Orange County Projections 2004, Center for Demographic Research, CSUF

9. 9 Renewing Measure M Requires: New Investment Plan Approved by: 1.Majority of city councils representing majority of incorporated population 2.Board of Supervisors 3.Two-thirds of OCTA Board Plus: Two-thirds majority voter approval

10. 10 Why Renew Measure M Now? Promises Made, Promises Kept Current Measure M projects delivered or underway Maintain Progress Begin new projects by 2007 Compete for state/federal funds Limited Options Two-thirds vote may require more than one election cycle

11. 11 “Self-Help” Counties Los Angeles Two 1/2 Cent Sale Taxes No Expiration San Bernardino 1/2 Cent Sales Tax Expires 2039 Riverside 1/2 Cent Sales Tax Expires 2039 San Diego 1/2 Cent Sales Tax Expires 2048 Orange 1/2 Cent Sales Tax Expires 2011 18 Self-Help Counties Have Local Transportation Sales Tax All Southern California Self-Help Counties Except Orange County Have Extended Local Transportation Sales Tax

12. 12 Support for M Renewal VoteNov. 2004Jul. 2005Oct. 2005 Support71%69% 72% Oppose23%25% 21% No Opinion6% 7%

13. 13 Projects With Countywide Support ProjectsSupport Maintain streets and fill potholes72% Improve the Riverside Freeway (SR-91)70% Improve the Orange Crush interchange65% Improve the Santa Ana Freeway (I-5)64% Coordinate traffic signals countywide64% Clean road runoff to protect beaches63% Improve pedestrian safety near schools63% Transit for seniors and disabled persons58%

14. 14 Emerging Investment Plan: Overview 1.Thirty-year duration for Measure M renewal 2.Revenue estimate of $11.862 billion (2005) 3.Allocation 43 percent for freeways 32 percent for roads 25 percent for transit 4.Environmental Cleanup Program Transportation-related water quality improvements 5.Strong Voter Safeguards and Audit Provisions Annual independent audits Taxpayers’ Oversight Committee 10-year reviews with voter approval for changes

15. 15 Emerging Investment Plan: Freeways Freeway Highlights: 1.Nearly $1.5 billion to improve the SR-91 2.More than $1 billion to improve I-5 in South Orange County 3.Widen I-405 from Irvine to LA County 4.Fix Orange Crush and I-5/SR-55 interchanges 5.Widen SR-55, SR-57 and improve access to SR-22 and I-605

16. 16 Emerging Investment Plan: Streets & Roads Streets & Roads Highlights: 1.More than double funds for fixing local streets 2.Enable “master plan” of roads to be completed 3.Coordinate more than 2000 signals countywide on major roads across city boundaries 4.Provide flexible funds for safer school access and cleaning up road runoff

17. 17 Emerging Investment Plan: Transit Transit Highlights: 1.High-Frequency Metrolink - Reaches two-thirds of jobs and of population -Connect to LA, Inland Empire and San Diego -Upgrade stations, parking, crossings, quiet zones and safety improvements 2.Metrolink Extensions -Cities compete with best projects -Could be monorail, light rail, BRT or other technology 3.High-speed rail links 4.Community mini-bus services 5.Senior/disabled transit -Continue low fares -Continue and expand Senior Mobility Program -Continue and expand non-emergency medical transportation

18. 18 Emerging Investment Plan: Environmental Cleanup Environmental Cleanup Highlights: 1.Nearly $240 million exclusively for transportation-related water quality improvements 2.Competitive grant process; emphasize high-impact, most cost effective capital projects 3.Improvements made by cities, County, water and sewer agencies 4.Strong safeguards and audit requirements

19. 19 Emerging Investment Plan: Safeguards & Audits Taxpayer Safeguards and Audits Highlights: 1.All spending subject to annual independent audit 2.Public review of plan every 10 years; changes need voter approval 3.Annual report to taxpayers 4.Severe penalties for misspending funds 5.All funds kept in separate trust fund 6.Administration limited to 1 percent of funds 7.Taxpayers’ Oversight Committee reviews all spending

20. 20 OCTA Adopts Measure to Go on Ballot Request Cities and County Approval to Place Plan on the Ballot Revise and Refine Draft Investment Plan Release Draft Investment Plan for Review Public Education and Outreach Local Officials and Community Leaders Input Next Steps Community input Through December 2005 Public reviews Draft Plan January 2006 through April 2006 OCTA revises Draft Plan based on cities/public input April 2006 OCTA requests cities and County to approve Plan to go to voters April 2006 through June 2006 OCTA adopts plan and Board of Supervisors places on the ballot July 2006 Public votesNov. 7, 2006