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Geoff's avatar

The the total cost of the Iron Horse bridge is $29.1M over the years pre-2020 to 2025, at least $16.3M of which was already spent by 2020-2021 as shown in Row 5 of the 20-21 budget

Per the FAQ the final cost of $29.1M uses $23.5M in grant/Measure J funds that could not be used to fill gaps in the general city budget.

https://www.sanramon.ca.gov/UserFiles/Servers/Server_10826046/File/Shared%20Documents/IHT%20Project%20FAQ%20050823.pdf

The feasibility, community input and design work happened between 2009-2015. Delaying the project further would risk the and the final costs would like only grow higher.

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Abhishek Nigam's avatar

I've read through this note and have a specific question regarding the expenditure on the Iron Horse Bridge. Are you saying that the funds ($21.7M) spent towards the bridge could have been used to cover our budget deficit, which the tax measure hopes to address?

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