Proposed Policy Guidance for Measure A Revenue and Expenditure Plan

1. Maintain Financial Integrity of Organization

• Protect current transit services as a priority
• Bond at appropriate debt service coverage levels
• Develop sound financial capital and operating project plans

2. Increase Transit Usage

• Provide transit services competitive to auto travel times
• Respond to travel market needs
• Increase Transit Ridership

3. Achieve Environmental Improvements

• Reduce vehicle-miles-traveled (VMT)
• Reduce greenhouse emissions
• Improve air quality

4. Support Transit-Oriented Land Use

• Focus capital-intensive investments on “cores, corridors, and station areas”
• Advance VTA Joint Development Program

5. Strengthen Complimentary Partnerships

• Identify opportunities for synergy between project investments
• Identify and solidify partnership commitments

6. Take Advantage of Leveraged and New Fund Sources

• Advance projects to ready state
• Advocate for outside fund sources and matched funds required to advance projects
• Investigate public-private partnerships

7. Model Various Financial Conditions

• Investigate “Portfolio of Plans” including
  • No new revenue
  • VTP 2035 revenues
  • ⅛-cent sales tax
  • ¼-cent sales tax

8. Achieve a Balanced Transportation Plan

• Provide appropriate levels of service to meet the needs within the county
• Provide a portfolio of transportation modal solutions

9. Implement the Intent of Measure A

• Include only those projects in the Plan that have been approved by the voters in the measure