What are the primary funding sources used to support Roseville Transit?
Transportation Development Act (TDA) The Transportation Development Act (TDA) provides a major source of funding for public transportation, i.e. Roseville Transit. One source of TDA funds is the Local Transportation Fund (LTF), which came into existence in 1972. The LTF revenues typically account for more than 80% of all revenues for Roseville Transit. The second source of TDA revenues is the State Transit Assistance Fund (STA), which came into existence in 1980. STA funds account for approximately 2% of all revenues for Roseville Transit. Both LTF and STA funds are for the development and support of public transportation needs that exist in California, and more specifically, in Roseville. LTF revenues are derived from a 1/4 cent of the 7.25 percent retail sales tax collected statewide. The 1/4 cent sales tax is returned by the State Franchise Tax Board to Placer County, who holds the funds until they are distributed annually to each city and the county. The allocation of the 1/4 cent
