FINANCIAL
REPORT

Financial
Statements

For a link to the Basic Financial Statements of the Contra Costa Transportation Authority for the Year Ended June 30, 2006, please click here.

For a link to the Single Audit for the Year Ended June 30, 2006, please click here.

Contra Costa
County Transportation Sales Tax

Sales tax revenues have been the primary source of funding for
Authority projects and programs. In

Fiscal Year 2005-06, sales tax revenues were $74.7 million, 83 percent of all of the revenues received by the Authority. The chart below shows the sales tax revenues received by the Authority since its inception. (The countywide half-cent sales tax, authorized by Measure C, began on April 1, 1989, resulting in one quarter of revenue in the first fiscal year).

Sales Tax Funding for Transportation Projects

Over the years, the Authority has constructed a number of transportation projects – as mandated by the voters – which were then or will be owned and operated by other agencies such

as Caltrans or BART. Since it began operations, the Authority has funded $681 million for projects such as the widening of State Route 4 West, the widening of State Route 4 East, a number of interchanges on I-680, the construction of State Route 242 and the BART extension to Pittsburg/Bay Point.

Sales Tax Funding for Maintenance and Operations

The Authority has spent $241 million over the years for fixing potholes, running buses in Contra Costa, providing special funding for transportation for elderly and disabled persons and to facilitate carpooling.

Sales Tax Role
in Leveraging
Other Funding

The Authority sales tax funds have also succeeded in leveraging other discretionary funding from federal, state and local sources. In fact, this leveraging has been so successful that each $1 of Measure C sales tax funding has attracted $1.07 of other discretionary federal, state and local funds.