VTA MAY CAPTURE INITIATIVE FUNDS WITHIN SAN FRANCISCO BAY AREA

The VTA (Valley Transportation Authority) transit agency may access and capture Measure-B funds approved by voters in 2016. The state Court of Appeals recently issued a decision in favor of VTA transit agency with a threshold approach for Measure-B funding. The VTA legal battle with a local resident provides therein initiative funds to be in an escrow account until the final settlement ruling. That means VTA can access Measure-B funding for local transportation improvement projects if therein local resident doesn't file for an appeal. The VTA will expedite therein process to capture Measure-B funding because it's essentially need for local transit improvement projects. Because VTA is committed to uphold and support therein voters approval of Measure-B funding, and with a commitment of quality services within Santa Clara County.

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