Colorado: Transit Alliance

May 21, 2009 - 10:21 am
NEWS FEED: Denver Post

Metro mayors back year delay on RTD tax vote

Denver-area mayors have reversed course and now favor a year's delay and a November 2010 vote on a sales-tax increase for RTD's FasTracks transit program.

On June 2, the Regional Transportation District board of directors is expected to back the mayors' recommendation and set the vote for next year.

In March, the Metro Mayors Caucus, which includes about 40 area mayors, backed a proposal for a vote in November in the eight-county metro area on a proposal to double the current 0.4 percent FasTracks sales tax.

Such an increase — whether this year or next — would close a $2.2 billion shortfall in FasTracks funding that has developed because of shrinking sales-tax collections and higher-than-planned construction costs.