Pico Rivera : Transit Fund Trade Sought
The City of Pico Rivera is trying to trade $1.5 million in Proposition A transportation funds for the same amount of federal money that could be used for road improvements.
The proposed exchange, which has been submitted to the Los Angeles County Transportation Commission for approval, would provide the city with federal urban aid funds to improve Whittier Boulevard, Slauson Avenue and Telegraph Road.
Proposition A money, which comes from a half-cent sales tax in Los Angeles County, can only be used to pay for local transportation services such as bus passes, bus shelters and dial-a-ride programs.
Pico Rivera wants the trade because it could lose $1.5 million in Proposition A money next year unless it is spent or allocated to a project.
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