News

Behind the scenes: how RTA helps businesses during projects

Road construction invariably disrupts traffic, but with its built-in, complimentary MainStreet Business Assistance Program, the Regional Transportation Authority aims to reduce the impact on regional businesses, large and small, before and during construction of transportation improvement projects from the RTA’s 20-year regional transportation plan. MainStreet serves and consults the businesses … Read more »

News Release: Fitch upgrades RTA bond ratings

Fitch Ratings, a U.S. credit rating agency, announced on Sept. 30 that it has upgraded the Regional Transportation Authority’s outstanding excise tax revenue bonds of $128.8 million to AA+ from AA, and the rating outlook is stable. The RTA, which is the fiscal manager of a 20-year regional transportation plan … Read more »

RTA status report – September 2021

RTA Project Status – Through July 31 Projects in design 57 Under construction/implementation 50 Total number completed 899 RTA Financial Status – Through July 31 Funds expended to date $1.4B The current RTA status report shows 899 projects have been completed. Of those, 17 major roadway corridor construction projects have … Read more »

RTA funding: a primer

The primary funding source for Regional Transportation Authority plan projects is from the RTA’s voter-approved half-cent (excise) sales tax. The RTA tax is levied on taxable goods and services throughout Pima County to pay for the projects in the 20-year regional transportation plan. Both the plan and tax were approved … Read more »