Funding sources for the proposed project include the Measure D Highway Corridor funds and other Santa Cruz County Regional Transportation Commission discretionary funds. These funds will be used to complete the work necessary to ready the project for construction and will provide a match for future California Senate Bill 1 (SB1) grants and federal grants. The following table shows the estimated project cost and funding.
Funding Sources | Project Funding (in thousands) |
---|---|
Measure D (Highway) | $ 14,514 |
Other Secured | $ 0 |
Needed | $ 86,900 |
Estimated total cost | $ 101,414 |
The project schedule is shown below: