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17 City of Pleasanton Capital Improvement Program • FY 2023/24 - FY 2026/27 <br />Gas Tax typically refers to the tax that the state charges on the sale of gasoline. Most, if not all, of this <br />tax is passed along to drivers and charged per gallon on sales at the pump. Gas tax revenues are <br />allocated annually to cities on a statewide allocation formula which is based primarily on population. <br />These funds, which can be used for new construction or repair and maintenance of existing street <br />systems or street lighting, are determined by the amount of gas sold in the state. Gas taxes make up <br />approximately 61.9 percent of the transportation funds and are placed in a special capital fund. Funds <br />are monitored and dispersed appropriately to various Transportation and Streets capital projects <br />based on Gas Tax regulations. <br />In addition to the Gas Tax collected annually from the state gas taxes, the Transportation funds in- <br />cludes funding from several local measures. <br />Measure BB was established in 2014 and added another half-cent sales tax to the initial measure and <br />extended it to 2045. Measure BB increased to one cent on July 1, 2022, when Measure B expired on <br />March 31, 2022. This tax is administered by the Alameda County Transportation Commission (ACTC). <br />Measure BB makes up approximately 32.6 percent of the transportation funds and is tracked in two <br />separated funds, Measure BB – Streets & Roads Fund and Measure BB – Bikes & Pedestrian Fund. The <br />City receives approximately $2.3 million combined revenue for the measure with about a two percent <br />growth annually. This revenue is split between street/road projects and bike/pedestrian projects at 78 <br />percent and 22 percent, respectively. These funds are reimbursement based and are used for capital <br />projects based on the priority projects as determined by ACTC.