California Air Resources Board

The Funding Plan for Clean Transportation Incentives (Funding Plan) is an annual, detailed guide that explains how Clean Transportation Incentive funds will be spent. These funds are appropriated to CARB through the California State Budget. Each fiscal year, CARB must submit a Proposed Funding Plan to the CARB Board (Board) for consideration for potential approval. The Clean Transportation Incentives come from the Low Carbon Transportation Investments (LCTI) and Air Quality Improvement Program (AQIP). If approved by the Board, the Funding Plan guides the implementation of projects and programs for the designated fiscal year.

The Funding Plan establishes CARB’s priorities for the funding cycle, describes the projects and programs CARB intends to fund, and sets funding targets for each project or program. It also includes staff proposed policy changes for the incentive projects and programs. The Funding Plan is paired with regulatory guidelines to direct CARB’s implementation of the projects and programs. Staff updates the Funding Plan each year.

Fiscal Year (FY) 2025-26 Funding Plan

Development of the Proposed FY 2025-26 Funding Plan

Information on the Fiscal Year 2025-26 Funding Plan will be posted below. Information on public workshops and workgroup meetings for the Fiscal Year 2025-26 will be found on the Low Carbon Transportation Investments and AQIP Meetings and Workshops webpage.

FY 2025-26 Funding Plan Resources (coming soon)

Fiscal Year (FY) 2024-25 Funding Plan

Development of the Proposed FY 2024-25 Funding Plan

Information on the Fiscal Year 2024-25 Funding Plan is posted below. Information on public workshops and workgroup meetings for the Fiscal Year 2024-25 can be found on the Low Carbon Transportation Investments and AQIP Meetings and Workshops webpage.

FY 2024-25 Funding Plan Resources

The Proposed Fiscal Year 2024-25 Funding Plan was heard and approved by the Board at the November 21, 2024 Board Meeting. 

An addendum to the Fiscal Year 2024-25 Funding Plan was prepared to correct non-substantive grammatical and consistency errors in the Board-adopted Funding Plan.

• Proposed Fiscal Year 2024-25 Funding Plan for Clean Transportation Incentives 
• November 21, 2024, Board Hearing on the Fiscal Year 2024-25 Funding Plan for Clean Transportation Incentives
• Meeting Notice (Aviso de la Reunión Pública) 
• Webcast Recording
• Proposed Fiscal Year 2024-25 Funding Plan for Clean Transportation Incentives: 
  • Summary of Key Proposals (English) (Español)
  • Proposed Fiscal Year 2024-25 Funding Plan for Clean Transportation Incentives without Appendices 
  • Appendix A: Emission Reduction Quantification 
  • Appendix B: Senate Bill 1204 Requirements and Performance Criteria 
  • Appendix C: Updated Long-Term Plan for Light-Duty Zero-Emission Vehicle Market, Light Duty Vehicle Purchase Incentives, Clean Mobility Investments, and Outreach 
  • Appendix D: Long-Term Heavy-Duty Investment Strategy Including Fiscal Year 2024-25 Three-Year Recommendations for Clean Transportation Incentives 
  • Appendix E: Senate Bill 1403 School Bus Incentive Project Report 
  • Appendix F: Cost-Effectiveness of CARB Incentive Projects 
  • Appendix G: Annual Performance Goals and Evaluation for the Clean Cars 4 All and Enhanced Fleet Modernization Programs 
  • Appendix H: Addressing California Climate Investment Guideline Requirements Related to Priority Populations
• Fiscal Year 2024-25 Draft Funding Plan for Clean Transportation Incentives posted August 19, 2024
  • Workshop recording (Spanish)

For more information on past Funding Plans, visit Funding Plan Archives.