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To put this in perspective, for every dollar of revenue decline from Q1 to Q2, our adjusted EBITDA loss increased by less than $0.32, which helps demonstrate how resilient our business model is.Finally, similar to our perspective three months ago, we continue to treat this crisis as a catalyst to shine a bright light on every expense line to drive incremental savings and efficiencies. Twitter Says Mask-for-Edit Button Lure Didn’t Work So, we'll be planning to update investors in early next year on that.Thank you. In California, the Proposition 22 ballot initiative we're supporting would protect driver independence and flexibility, while providing historic new benefits and protections, including contributions toward healthcare coverage, occupational accident insurance and minimum guaranteed earnings.We are simultaneously working through litigation on the issue of driver classification in California. So, Logan and John, you touched on this to some degree, but can you talk about the puts and takes to the Lyft use case over the next 12 months perhaps and the next five years? But other regions have already recovered to a much stronger degree. While it's still early days, we are very pleased with the results so far and continue to grow the program. On the -- over the last few months, as we've seen demand ramp faster than supply, we removed the waitlist we had on the driver side. Logan?Thanks Sean. Just hoping you can help us understand how that would work. Hey, thanks for squeezing me in. Drivers have said they want to remain independent contractors over being employees by a 4 to 1 margin. And so, we've really increased our communication around that for those drivers that are comfortable driving at this time.And Mark, let me touch on your -- the second part of your question. We remain on track to achieve the fixed cost savings that we outlined on our last earnings call, $300 million on an annualized basis by Q4 of this year. So I don't have too many details that I can share. In the last week of July, weekend rides have now reached 29% of total. So, if you look at month-to-date in August, California as a percentage of total rides was down over 5 full percentage points year-over-year, as John mentioned, out of [Phonetic] 16% of total rides. To go back to your specific question, we are committed to try to achieve this milestone. And second, it aligns incentives between us and our insurance partners. So, on the first question, if a longer stay is not granted, then the injunction would go into effect on August 21, in which case, we'd be forced to suspend rideshare operations in California. Anything outside of that would be -- need to be assessed at a later time.In terms of the business impact within California, California currently makes up around 16% of total rides. With Lyft Rentals, you pick your exact car and skip the counter. That was also better than analysts’ tempered expectations.Adding to the ride-hailing companies’ challenges, a California judge ordered them Monday to reclassify drivers as employees by the end of the month. So competition has been nationally fairly stable, so nothing -- no dramatic changes. As such, similar to the second quarter, we are providing investors with an estimate of adjusted EBITDA loss based on July ride volumes. And this is why we expect that Q3 year-over-year revenue growth will track the change in rideshare rides versus Q2 where we actually earned a slight benefit.Now, in terms of trends beyond Q3, we believe that high unemployment will lead to more people signing up to drive on the platform, especially as federal unemployment benefits expire or are further reduced. At the absolute COVID bottom, weekend rides dropped to 20% of total. So, in the sort of first days of the pandemic, we paused shared rides across the country, and it was the right thing to do. Let's start with the recovery we're seeing in our business.
And although the pandemic is certainly unprecedented, we have over eight years of experience navigating an evolving marketplace. After a flurry of bullish activity highlighted Lyft's options activity last week, Uber's disappointing earnings report has pushed the market in a decidedly more bearish direction. And there may be a possibility that some of the decline will be permanent as people work from home.
We are confident in moving that forward. But we are investing an incremental $40 million in Q3 policy spend, and this will be reflected in adjusted EBITDA. We're not doing a consumer-facing delivery service. These statements are subject to known and unknown risks and uncertainties that could cause actual results to differ materially from those projected or implied during this call, in particular, those described in our risk factors included in our Form 10-Q for the first quarter of 2020 filed on May 8, 2020 and our Form 10-Q for the second quarter of 2020 that will be filed by August 14, 2020, as well as risks associated with the outcome of litigation, including a decision issued on Monday, August 10, granting a motion for a preliminary injunction in an action by the people of the State of California, as well as the current uncertainty and unpredictability in our business, the markets and economy. Over the next coming months, we plan to expand this program to 30 regions and provide free partitions to over 60,000 drivers. And in the current pandemic environment, that would be nearly impossible. Alongside our coalition partners including Uber, DoorDash and Instacart, as well as tens of thousands of drivers and leading community organizations, we'll continue to support a very large vote yes on Prop 22 campaign in the coming months. Both contribution and adjusted EBITDA are also adjusted to exclude the restructuring charges that we've previously discussed both on the Q1 call and in the SEC filings.
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