Orange County’s voter-approved sales tax for transportation improvements is expected to generate more revenue than anticipated, according to forecasters.
OC Go, also known as Measure M, is expected to generate $15 billion for transportation improvements through 2041 according to long-term projections provided by MuniServices, California State University, Fullerton, Chapman University and University of California, Los Angeles. The updated forecast is 13.6% higher than last year’s forecast thanks to Orange County’s continuing economic recovery from the impacts of the coronavirus (COVID-19) pandemic.
As a result of the improving economy, final OC Go sales tax receipts for fiscal year 2021-22 came in at $425 million, the highest amount ever received.
OCTA will continue to monitor the short- and long-term impacts of local and world affairs on sales tax revenues, as well as OC Go projects and programs, to ensure that all promises to voters are kept. Learn more about OC Go here.