What's Hot

    Updates Submitted for Long-Planned Phoenix Development Area

    July 11, 2025

    Prescott Discusses Options for Highway 89 Improvements

    July 11, 2025

    Apache Junction Buys 76.5 Acres for Flood Control Project

    July 11, 2025
    Facebook Twitter Instagram
    AZBEX
    NEWS TICKER
    • [July 11, 2025] - Updates Submitted for Long-Planned Phoenix Development Area
    • [July 11, 2025] - Prescott Discusses Options for Highway 89 Improvements
    • [July 11, 2025] - Apache Junction Buys 76.5 Acres for Flood Control Project
    • [July 11, 2025] - Multifamily Completions Hit 40-Year High
    • [July 11, 2025] - Arizona Projects 07-11-25
    • [July 9, 2025] - Phoenix Council Votes for Data Center Restrictions
    • [July 9, 2025] - Project Blue Developers Considering 2 Additional Tucson-Area Sites
    • [July 9, 2025] - Sundt to Build Industrial Facility in Apache Junction
    Facebook Twitter YouTube LinkedIn
    • Home
    • News
      1. View Latest
      2. Planning & Development
      3. Local News
      4. Classifieds
      5. Editorial Analysis
      6. Budgets & Funding
      7. Commercial Real Estate
      8. People on the Move
      9. Arizona Projects
      10. Legislation & Regulations
      11. Trends

      Updates Submitted for Long-Planned Phoenix Development Area

      July 11, 2025

      Prescott Discusses Options for Highway 89 Improvements

      July 11, 2025

      Apache Junction Buys 76.5 Acres for Flood Control Project

      July 11, 2025

      Sundt to Build Industrial Facility in Apache Junction

      July 9, 2025

      Phoenix Council Votes for Data Center Restrictions

      July 9, 2025

      Project Blue Developers Considering 2 Additional Tucson-Area Sites

      July 9, 2025

      Mesa P&Z Recommends Data Center Zoning Restrictions

      July 2, 2025

      Arterial Life Cycle Program Covers 20 Years of Street Development

      June 27, 2025

      Glendale Voters to Determine VAI Resort’s Fate

      May 16, 2025

      Legislation Would Effectively Strip NIMBYs of Referendum Tool

      February 11, 2025

      2025 Forecast Tries to Clarify an Uncertain Market

      February 7, 2025

      KOREPlex Buckeye Site Quietly Listed For Sale

      January 31, 2025

      Ariz. LIHTC to Sunset Under New Budget

      July 8, 2025

      State Government Shutdown Averted as Hobbs Signs Budget

      July 1, 2025

      Arterial Life Cycle Program Covers 20 Years of Street Development

      June 27, 2025

      $56M+ MAG Program will Enable $90M in Arterial Street Widening Projects

      June 24, 2025

      Commercial Real Estate 07-08-25

      July 8, 2025

      Commercial Real Estate 07-01-25

      July 1, 2025

      Commercial Real Estate 06-24-25

      June 24, 2025

      Commercial Real Estate 06-17-25

      June 17, 2025

      Industry Professionals 07-08-25

      July 8, 2025

      Industry Professionals 07-01-25

      July 1, 2025

      Industry Professionals 06-24-25

      June 24, 2025

      Industry Professionals 06-17-25

      June 17, 2025

      Arizona Projects 07-11-25

      July 11, 2025

      Arizona Projects 06-27-25

      June 27, 2025

      Arizona Projects 06-20-25

      June 20, 2025

      Arizona Projects 06-13-25

      June 13, 2025

      Ariz. LIHTC to Sunset Under New Budget

      July 8, 2025

      Tax Bill Would Make LIHTC Permanent

      July 2, 2025

      State Government Shutdown Averted as Hobbs Signs Budget

      July 1, 2025

      Hobbs, Legislators Reach Water Use Compromise

      June 24, 2025

      Multifamily Completions Hit 40-Year High

      July 11, 2025

      Construction Hiring Remains Sluggish

      July 8, 2025

      Ariz. Construction Shed 1,700 Jobs in May

      June 24, 2025

      NABH Council Partnership Wants to Expand Workforce Pipeline

      June 17, 2025

      Updates Submitted for Long-Planned Phoenix Development Area

      July 11, 2025

      Prescott Discusses Options for Highway 89 Improvements

      July 11, 2025

      Apache Junction Buys 76.5 Acres for Flood Control Project

      July 11, 2025

      Multifamily Completions Hit 40-Year High

      July 11, 2025
    • AZBEX
      • Subscribe
      • Classifieds
      • Advertising
    • DATABEX
      • Webinars
      • Monthly Snapshot
    • Events
      • 2025 Mid-Year Update
    • About Us
      • Meet the Company
      • Meet the Sales Team
      • Meet the Editorial Team
      • Meet the BEXperts
    AZBEX
    Home » Budgets & Funding » Peoria Eyes Significant Transportation Funding Source
    Budgets & Funding

    Peoria Eyes Significant Transportation Funding Source

    BEX StaffBy BEX StaffSeptember 29, 2020No Comments3 Mins Read
    Loop 303 in Peoria. Credit: Independent Newsmedia
    Share
    Facebook Twitter LinkedIn Pinterest Email

    By Philip Haldiman for Independent Newsmedia 
    A significant funding source that has generated about $4.3B in tax revenues since 2006 for transportation in Peoria and throughout Maricopa County expires in 2025, so city officials are planning to ensure they get a piece of the pie if funding is renewed. 
    Proposition 400, approved by 58 percent of Maricopa County voters in 2004, provided the Valley with a half-cent sales tax for transportation that resulted in some of the region’s biggest projects during the past 10 years. 
    Peoria officials are submitting projects they hope will be included in the extension of this massive tax plan come November 2022, when it is expected to be on the ballot. 
    Intergovernmental Affairs Director Thomas Adkins said what makes the plan unique is not just the sheer amount of money it brings in but also the breadth of projects it can help fund. 
    Proposition 400 funds large projects — from freeways to arterial streets to public transit options — and the extension is expected to bring about $15B in funds to the region, he said. 
    Funding decisions regarding roughly 1,300 submitted projects are made by Maricopa Association of Governments and Valley Metro committees. 
    Specific cost estimates for the proposition extension regarding Peoria-related projects were not readily available. 
    There are three major regional transportation needs that can be funded through this tax: Freeways and arterial roads can only receive one-time capital expenditures, while transit receives both one-time capital expenditures and ongoing operations funding. 

    Transit 

    Transit makes up 33.3 percent of the half-cent sales tax. Of that, about 57 percent goes to bus-related costs and 43 percent goes to light rail, amounting to about $27M for transit-related projects in Peoria since 2005. All of those projects have been supplemented by local funds. 
    Public Works Director Kevin Burke said the plan is to preserve all current transit services in the new proposition. 
    There are 19 transit projects proposed for the extension, or Prop. 400-E. They include fixed routes, subregional transit circulators, express bus, rail and autonomous vehicles — all with a regional connection to Peoria. 

    Freeways and Arterials 

    Development and Engineering Director Adina Lund said the city submitted 39 freeway and arterial projects for the Prop 400 extension. 
    She said the focus is to make existing systems better and add or expand interchanges. 
    Loop 101 proposals include general purpose lane expansions and improvements to Grand Avenue, Cactus Road and Peoria Avenue interchanges. 
    Loop 303 proposals include possible future interchanges and Interstate 17 interchanges in Phoenix, which are not in the city but are used by residents, Lund said. 
    Concerning arterials, the city is focusing on areas where future growth is expected. A lot of that is up north, Lund said. 
    Arterial proposals include new construction of El Mirage Road from Loop 303 to Jomax Road, and Lone Mountain from Loop 303 to Lake Pleasant Parkway. 
    Road widening is proposed for Lake Pleasant Parkway from Loop 303 to State Route 74, and for 107th Avenue from Williams to Hatfield roads. 
    Intersection Expansions are proposed for Happy Valley Road and Vistancia Boulevard, as well as Deer Valley Road and Lake Pleasant Parkway. 
    Lund said moving forward, the focus will be on economic prosperity and mobility. 
    Read more at Independent Newsmedia. 

    Adina Lund Bridget Binsbacher Cathy Carlat coronavirus COVID-19 El Mirage Road freeways Funding infrastructure Jeff Tyne Jon Edwards Kevin Burke Lake Pleasant Parkway Lone Mountain Road Loop 101 Loop 303 Maricopa Association of Governments Maricopa County pandemic Peoria Proposition 400 Roads Thomas Adkins Transit Valley Metro
    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email

    Related Posts

    Ariz. LIHTC to Sunset Under New Budget

    July 8, 2025

    State Government Shutdown Averted as Hobbs Signs Budget

    July 1, 2025

    Arterial Life Cycle Program Covers 20 Years of Street Development

    June 27, 2025

    Leave A Reply Cancel Reply

    You must be logged in to post a comment.

    Our Picks

    Updates Submitted for Long-Planned Phoenix Development Area

    July 11, 2025

    Prescott Discusses Options for Highway 89 Improvements

    July 11, 2025

    Apache Junction Buys 76.5 Acres for Flood Control Project

    July 11, 2025

    Multifamily Completions Hit 40-Year High

    July 11, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • LinkedIn
    • YouTube
    Don't Miss
    Planning & Development

    Updates Submitted for Long-Planned Phoenix Development Area

    July 11, 20250

    By Roland Murphy for AZBEX Evolving market conditions and product appetites have led IDM Companies…

    Prescott Discusses Options for Highway 89 Improvements

    July 11, 2025

    Apache Junction Buys 76.5 Acres for Flood Control Project

    July 11, 2025

    Multifamily Completions Hit 40-Year High

    July 11, 2025

    BEX serves architecture, engineering and construction firms as well as all the ancillary product and service categories that market to them. These include manufacturing representatives, public agencies and private real estate organizations, specialty subcontractors and services providers related to our industry.

    Our Picks

    Updates Submitted for Long-Planned Phoenix Development Area

    July 11, 2025

    Prescott Discusses Options for Highway 89 Improvements

    July 11, 2025

    Apache Junction Buys 76.5 Acres for Flood Control Project

    July 11, 2025
    Contact Us

    Phone: 480-709-4190
    Address: P.O. Box 12196 Tempe, AZ 85284
    Email: sales@azbex.com

    Type above and press Enter to search. Press Esc to cancel.