Measure RR: BART Safety, Reliability and Traffic Relief is a multi-county Bond Measure on the 2016 ballot for voters residing in the BART District (Alameda, Contra Costa, and San Francisco Counties). As a proposed property tax Measure RR requires a 66.66% cumulative approval from the BART District. The goal of this Bond Measure is to fund the BART System Renewal Program Plan. The Official Resolution from the BART Board was approved unanimously and adopted June 9th. The official text (Alameda County) :
To keep BART safe; prevent accidents/breakdowns/delays; relieve overcrowding; reduce traffic congestion/pollution; improve earthquake safety and access for seniors/disabled by replacing and upgrading 90 miles of severely worn tracks; tunnels damaged by water intrusion; 44-year-old train control systems; and other deteriorating infrastructure, shall the Bay Area Rapid Transit District issue $3.5 billion of bonds for acquisition or improvement of real property subject to independent oversight and annual audits?
Legally what Measure RR would do:
- Authorize up to $3.5 Billion dollars in bonds for capital expenditures only for use by BART in the pursuit of projects outlined in the text above.
- Capital expenditures – money spent by a business or organization on acquiring or maintaining fixed assets, such as land, buildings, and equipment.
- Debt service for these bonds would continue until 2065 and will have paid back estimated total $6.83 billion, including $3.33 Billion in interest over 48 years.
- Create a property tax on taxable properties throughout the BART District (Alameda County, Contra Costa County, San Francisco City/County). Based on assessed value according to the required Tax Rate Statement | Tax Analysis, the tax will be:
Year Estimated impact 2017-2018 $2.02 per $100,000 2035-2036 $17.49 per $100,000 Average $8.98 per $100,000
Example Estimated Taxes
House assessed at: $900,000 $1,200,000 $1,500,000 2017-2018 Estimated per year tax $18.18 $24.24 $30.30 2035-2036 Estimated per year tax $157.41 $209.88 $262.35 Estimated Average per year $80.82 $107.76 $134.70
- Require that BART create an Independent Bond Citizen’s Oversight Committee for the purposes of reporting to the Board and public their findings regarding use of the funds.
- The committee will be composed of 7 members:
- 1 from American Society of Civil Engineers [Website]
- 1 from American Institute of Electrical Engineers [Website]
- 1 from American Institute of Certified Public Accountants [Website]
- 1 from Association for Budgeting & Financial Management section of American Society for Public Administration [Website]
- 1 from Project Management Institute [Website]
- 2 members from League of Women Voters-Bay Area [Website]
- Members may only serve up to 3 terms of 2 year terms
- Committee will be staffed by Controller/Treasure’s office
- The committee will be composed of 7 members:
- Dedicate (not binding) the fare revenue to capital renovation projects of revenue generated from inflation-based fare increases for the years 2014-2022 (est. $325 million)
Please feel free to read the official resolution in full.
How BART would spend the bond money:
Further explanation of how the money is expected to be used can be found in the System Renewal Program Plan, or watch the BART Board Meeting 2016-05-26 (jump to hour 5, minute 4) But this is the basic breakdown:
|Renew Power Infrastructure||1,225M||35%|
|Repair Tunnels and Structures||570M||16%|
|Repair Mechanical Infrastructure||135M||4%|
|Replace train control and other major
system infrastructure to increase peak period capacity
|Design/Engineer future projects||210M||6%|
What the BART Bond would not do:
- Prevent BART from from making future adjustments to its otherwise operating or capital budget
- Affect BART employees’ pay or benefits positively or negatively.
- Increase BART union workers’ retirement benefits.
- See the future – circumstances arise, economies change, and catastrophes happen and BART needs to be able to respond to those changes
- Prevent BART union strikes.
- Require a change in BART administration, staff, or Board of Directors.
- Levy a tax on San Mateo or Santa Clara Counties.
- Pay for a new Transbay Tube (6% of total bond will into design/investigation of relieving crowding, increasing system redundancy, and reducing traffic congestion).
What BART has already done:
- Ratified the 2017-2021 Labor Agreement which continues the 2013 labor agreement.
- No strikes for 5 years!
- Focused the Financial Year 2017 Capital Budget heavily toward System Reinvestment
- $584.5 Million out of a $876.3 Million budget – 66.7%
- The highest percentage its has been out of the last 10 Financial years.
- Begun the process of reconstruction:
- Transbay Tube rail replacement completed 2015
- Crossover replacement between Fruitvale to Coliseum completed 2015
- Glen Park to Daly City Rail replacement completed 2016
- San Leandro to Bay Fair rail replacement completed 2016
- Prepared Hayward crossovers for new BART trains completed 2016
- Deticated BART’s automatic inflation-based fare increase program (started in 2003) funds from 2014-2022 to improvement of the system.
- State auditor reaffirmed BART’s need for vast capital investment (9.6 Billion) to return to State of Good Repair in State Auditor Report.
- BART System Renewal Program Plan 2016
- Bond Tax Rate Statement
- BART Board Resolution 5321 – Approved June 2016 to call for a bond election
- Financial Year 2017 Budget Memo
- Financial Year 2017 Budget Pamphlet
- Agenda Packet of June 06, 2016 – Meeting where BART approved Resolution 5321
- Better BART Pamphlet