Senate Bill 1 (SB1), passed in April 2017, makes a historic $54B investment over 10 years in California’s transportation infrastructure. This funding will address the $200B-plus backlog of maintenance on bridges and highways, local roads, and public transit.
SB1 spending will support or create over 68,000 jobs annually – or 682,000 jobs over the next 10 years, with a quarter of these jobs being middle-class supporting, construction work. SB1 funds will also repair, resurface, and reconstruct thousands of lane miles, hundreds of bridges, and provide increased access to public transit.
Realizing that the benefits of SB1 extend far beyond job creation and investing in our state’s roads, bridges, and public transit, the California Alliance for Jobs and other transportation partners commissioned an economic impact report by the American Road and Transportation Builders Association. ARTBA has published several non-partisan economic impact reports on statewide transportation funding through their first-of-its-kind Transportation Investment Advocacy Center. This program and internet resource center helps educate private citizens, legislators, organizations and businesses on different transportation funding initiatives being introduced and implemented in America.
The findings of this report show the immense value of SB1 and the dangerous economic ramifications that would happen to our state if an ongoing bid to repeal the funding succeeds.
In their research, ARTBA found that:
- SB1 will support nearly $183B in increased economic activity and benefits for California residents and businesses over the next 10 years
- The average annual savings to California households due to direct SB1 related user benefits is nearly $300. These savings are accrued through less time spent in traffic and vehicle maintenance costs decreasing with the improvement of road conditions
- SB1 will support the repair, repaving and construction of over 84,000 lane miles on nearly 19,000 miles of roadway over the next 10 years
- With improved conditions due to SB1 spending, California drivers will save $818M in operating costs due to maintenance saved on their vehicles over the next 10 years
- Safer roads as a result of SB1 spending adds up to an average of $58M per year in additional safety benefits
- Additional investment under SB1 will enable the replacement of an additional 556 state and local bridges in the first five years of the program
The 62-page study can be read below. In addition to the statewide study, ARTBA economists have taken a closer look at six regions in California to see what SB1 spending on transportation infrastructure projects means to local economies. These reports were conducted for the regions of: Imperial County/San Diego, Inland Empire, Los Angeles, Orange County, San Francisco/Bay Area, and San Joaquin Valley.
Some insights from the regional reports include:
- SB1 investments in Los Angeles County will support at least $29.2B increased economic activity and benefits for all LA County residents and businesses over the next 10 years. For more information on SB1’s impact in Los Angeles County, click here
- Total user benefits and savings thanks to SB1 transportation investments will add up to $9.8B over the next 10 years in the San Francisco Bay Area for drivers, transit riders, and businesses. For more information on SB1’s impact on the San Francisco Bay Area, click here
- SB1 transportation spending in the Imperial/San Diego County areas will result in $2.1B over the next 10 years. For more information on SB1’s impact on Imperial/San Diego counties, click here
- Transportation investments supported by SB1 throughout the Inland Empire will support or create almost 50,000 jobs over the next 10 years. For more information on SB1’s impact on the Inland Empire, click here
- Average annual SB1 transportation spending in Orange County is projected to be $337M per year. For more information on SB1’s impact on Orange County, click here
- SB1 transportation investments in road and bridge improvements in the San Joaquin Valley will result in user benefits adding up to $3.1B over 10 years. For more information on SB1’s impact on the San Joaquin Valley, click here