Equivalent Fund (6.67%) Projects

Equivalent Fund (6.67%) Projects are projects funded through Measure T Equivalent funds. Jurisdictions receiving Measure T revenues must demonstrate that at least an amount equal to 6.67% of annual Measure T funds is committed to Class I facilities. Measure T Equivalent funds are funds not derived from the Measure T Ordinance. Revenues that count toward a jurisdictions’ Measure T Equivalent fund are general funds, or any transportation formula fund in which the jurisdiction or NVTA have discretion. Eligible Class I facilities must also be identified in the adopted Countywide Bicycle Plan/Active Transportation Plan.

 

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