Denver RTD won’t pursue FasTracks tax

Posted on April 26, 2012

The Denver Regional Transportation District (RTD) board of directors indicated at a meeting tonight that they will not pursue a 2012 sales and use tax election for the FasTracks transit expansion program. The board also gave staff direction to submit a revised plan with alternate assumptions.

Over the past several months, RTD has evaluated technical, financial and economic information, and input from regional stakeholders and the general public.

“The RTD board realizes that while economic conditions are slowly but steadily improving in the Denver metro area, the timing is not right for a 2012 ballot initiative,” said RTD Board Chair Lee Kemp. “We remain committed to continuing to work with our regional partners to complete FasTracks sooner rather than later. Signs of progress will continue to take shape around the region.”

Several FasTracks projects are currently under construction or under contract to begin construction or final design:

•  West Rail Line to Jeffco Government Center (scheduled to open in May 2013).

•  East Rail Line to Denver International Airport.

•  Gold Line to Arvada and Wheat Ridge.

•  Northwest Rail Line (first segment to south Westminster).

•  I-225 Rail Line (first segment to Iliff).

•  U.S. 36 Bus Rapid Transit Project (with the Colo. Department of Transportation).

•  Denver Union Station Redevelopment.

•  North Metro Rail Line (final design to National Western Stock Show pending).

RTD will continue to work aggressively to seek alternative funding sources for the program including grants, public-private partnerships and unsolicited proposals. The board will continue to explore pursuing a sales and use tax election in the future when the time is right for the region.

More News

Bombardier to supply 4 more trams to Australia

The order is valued at approximately $18 million and is an exercise of an option included in a contract signed in 2011.

Texas' DCTA receives grant for A-Train Rail Trail

Once complete, the Lewisville Hike and Bike trail will run from DCTA’s Hebron Station all the way to the Highland Village/Lewisville Lake Station. Construction on the last portion of the Lewisville Hike and Bike trail is expected to begin in early 2016.

Metra prepares for winter weather with switch covers, heaters

Additionally, agency is continuing to repair and replace railcar doors that are prone to fail in winter conditions.

Alstom to supply Citadis trams to Lyon, France

The order, worth over $21 million, represents the exercise of an option on a contract signed in 2011.

XpressWest chosen to build Las Vegas-to-L.A. high-speed rail

The initial phase of the XpressWest project, which will link Las Vegas to Victorville, Calif., will cost $8 billion.

See More News

More From The World's Largest Fleet Publisher

Automotive Fleet

The Car and truck fleet and leasing management magazine

Business Fleet

managing 10-50 company vehicles

Fleet Financials

Executive vehicle management

Government Fleet

managing public sector vehicles & equipment



Work Truck Magazine

The number 1 resource for vocational truck fleets

Schoolbus Fleet

Serving school transportation professionals in the U.S. and Canada

LCT Magazine

Global Resource For Limousine and Bus Transportation

Please sign in or register to .    Close