Denver Area Considers Sales Tax Boost for Light Rail

Denver's transit agency is considering a plan to ask voters to make a further increase to the county's sales tax in order to fund the region's FasTracks light rail system.

The board of the Regional Transportation District of Denver has considered placing the proposal on this November's ballot, but may delay until 2012.

"Directors have signaled they are leaning toward postponing the vote, mostly likely until 2012, because polling indicates it will be very difficult to win an election for a tax increase this year.

Next year is not favored for the tax measure because voter turnout is extremely low in odd-year elections, the Regional Transportation District's political consultants say.

If a tax election were successful in 2012, increased tax revenues would close a $2.4 billion FasTracks funding gap and the entire project could be built by 2019, RTD officials said."

Full Story: RTD board to take up FasTracks tax vote

Comments

Comments

Effective Funding of Mass Transit

I thought I would use this post to ask what funding strategies are proving effective at the state and city level re transit funding out there???

In the Mid-Atlantic and NE, several transit agencies are planning to increase already high fares for ridership.

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