The City is responsible for maintaining approximately 380 miles of streets valued at $700 million-- the largest and most valuable infrastructure in Thousand Oaks. The City's Pavement Management Program (PMP) determined that approximately $6.5 million per year is needed to maintain our streets with a "very good condition" rating. Existing gas tax revenues provide only $2 million annually, with the addition of SB1 revenue the deferred maintenance backlog is reduced by $3 million per year.
The project started April and will be completed by this November.
Budget & Funding
The project is being funded through a one time City Council approved CIP budget allocation of $10.8 million from the general fund and, $3 million from locally collected State gas taxes and $3 million in SB1 gas tax funds. The City also expects to receive a $265,179 State CalRecycle Grant.
- 11 miles of pavement overlay on arterial streets
- 17 miles of Thin Maintenance Overlay (TMO) on collector and residential streets
- 17 miles of pavement slurry seal on residential streets
- 6 Miles of Micro-Surfacing on collector streets
- Installation and modification of 295 curb ramps to comply with ADA requirements
- Resurfacing of 3 City facility parking lots