- $9.2 million toward peak hour RapidLink service on University and Magnolia avenues in Riverside
- $2.4 million for a trailway along the Santa Ana River through Riverside
- $5.1 million for a trail along Salt Creek through Menifee and Hemet
In addition, RCTC dedicated the following funds for these highway projects:
- $26.8 million for truck lanes on SR-60 through the Badland Hills
- $16.5 million for extending Clinton Keith Road from the I-215 into French Valley
- $14.6 million for the upgrade of the Newport Road interchange along I-215
- $13 million for Temecula's "ultimate" interchange along the I-15 at Temecula Parkway
- $6.5 million for the grade-separation of the SR-60 and Potrero Boulevard interchange
- $2.7 million for the Ramona Expressway in San Jacinto
- $2.6 million for a widening of Magnolia Avenue in Riverside
- $1.6 million for the I-215/Nuevo Road interchange in Perris
According to various sources, the purchasing power of the dollar in the Inland Empire has declined. During the robust economic times of the 1990's, local median annual income was just more than $33,000 with a purchasing power of about $56,000 in today's currency. In 2000, it grew by a grand to about $57,000 in today's currency ($42,000 in year 2000 dollars). In 2008, it was $59,547.
The reasons why the purchasing power of the dollar is in decline is very complex, but the continued lack of marketplace jobs in the region is a big factor. Domestic manufacturing for example continues take massive hits under the current trade agreements with third world countries especially China. Also, taxes and fees continue to increase. Los Angeles Metro for example has proposed massive wholesale fare hikes for its bus and rail system. With the exception of the San Diego region and the Bay Area, carpoolers have to get a toll transponder and sometimes have to pay discounted tolls in order to use high occupancy toll lanes. Such hikes and taxation weaken the purchasing power for we the people and thus the local economy weakens. Finally, a complex regulatory system to establish a business in the state inclines entrepreneurs to invest elsewhere. That's a prime reason why the Inland Empire lacks social income and economic justice for its people.
|Concept: Marketplace job growth in Moreno Valley|
Private investments means more jobs. Jobs mean more public resources to build our transportation infrastructure and expand transit. Ridership growth means a productive and paid-for first rate transit system which includes true BRT for Riverside County.