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OCTA approves 2021 budget
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6/12/2020
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The budget includes $32 million to continue construction of the OC Streetcar (rendering pictured).Photo – OCTA
The budget includes $32 million to continue construction of the OC Streetcar (rendering pictured).Photo – OCTAThe Orange County Transportation Authority (OCTA) earlier this week approved a $1.4 billion budget for fiscal-year 2021, which begins July 1.
Major initiatives in the budget include advancing capital improvement projects, including allocation of $32 million to continue construction of the OC Streetcar in Santa Ana and Garden Grove, California.
The FY2021 budget is down more than $98 million in total expenditures compared to OCTA’s FY2020 budget due to sharp declines in both county and state sales tax funding in the wake of the COVID-19 pandemic, authority officials said in a press release.
Contact Progressive Railroading editorial staff.
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