MTC invests state funds in transportation programs and projects throughout the Bay Area.
MTC plays an important role in allocating state funds from the Cap and Trade program, gas and sales taxes and other revenues to regional transportation projects.
California’s Cap and Trade program collects revenues to offset greenhouse gas emissions. MTC helps the Bay Area submit projects that will strongly compete against other regions for these funds.
State taxes on gasoline and diesel fuel (called excise taxes) and taxes on retail sales fund and support highways and local streets and roads, and help finance the Bay Area's transit network.
The State Transportation Improvement Program (STIP) is a five-year investment plan for state transportation money. The STIP combines Regional Transportation Improvement Programs (RTIPs) and the Interregional Transportation Improvement Program (ITIP).