Subject: Voters approve 70% of nationwide Transit / Transportation initiatives, worth over $40 billion. Date: Friday, November 10, 2006 8:02 PM Voters approve 70% of nationwide Transit / Transportation initiatives, worth over $40 billion. Center For Transportation Excellence Update - http://www.cfte.org/ Voters Approve Over $40 Billion in Transportation Investment 2006 Continues the Trend of Transportation Investment at the Ballot Box Voters Approve Approximately 70% of Transportation Measures Nationwide On November 7, voters approved over $40 billion in new transportation-related investments. Voters in 13 states approved 21 of 33 transportation ballot measures, including 7 statewide initiatives. Nine measures were defeated and three are undecided as of press time. Tuesday's elections continue the growing trend of securing additional transportation funding at the ballot box and the strong voter support for these measures. With this year's results, voters have approved more than $100 billion for transportation since 2000. Once again in 2006 voters in states and communities across the nation approved new investments in vital transportation projects. For the year, more than $43 billion for transportation projects have been approved by the electorate. Overall this year approximately 69% of transportation measures were approved. The track record for transportation measures suggests that people are, contrary to conventional wisdom, very willing to increase local taxes to improve transportation when the benefits are clear. People want change and choices in transportation and the ballot