The low gas prices that consumers are enjoying at the pump will mean cuts in Los Angeles County transportation projects. Despite a surplus in the state budget, the projects will see cutbacks because their funding comes mostly from the state gas tax. As fuel prices go down, the revenue pot grows smaller. California is cutting more than $750 million for road and transit projects statewide, including three in L.A. County, state officials said. The Los Angeles Metropolitan Transportation Authority will lose about $120 million that would have helped buy light rail cars, widen State Route 138 and build a new pedestrian bridge to connect the Burbank Airport with the Metrolink station.
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