Measure R "30/10" Initiative
When voters approved Measure R in 2008, they were voting for a plan that proposed to raise sales taxes in Los Angeles County by a half-cent for 30 years. In return, voters would get about $40 billion in transit, road and other transportation improvements.
But not $40 billion of fixes all at once. Sales tax revenues flow into county coffers over those 30 years. That’s the reason that the transit and road projects are scheduled to be built over 30 years. The money isn’t there to build them all at once.
However, Los Angeles Mayor and Metro Board Member Antonio Villaraigosa has proposed to speed up the Measure R effort. His 30/10 plan seeks to build a dozen transit projects in the next decade by supplementing the Measure R money with a federal loan guarantee or other finance mechanism. A loan would be paid back with Measure R revenues.