After the historic passage of Senate Bill 001 during the legislative session this spring, stakeholders from all sectors are hoping voters will keep the transportation momentum moving forward this November.
Tony Milo, Executive Director, Colorado Contractors Association and Jake Martin, Campaign Director, Let’s Go, Colorado shared Coloradoans for Colorado’s vision for sustainable transportation funding during Commuting Solutions’ quarterly Membership Meeting this week.
“Today, we are here to get Colorado moving again and propose a ballot measure that will put real, ongoing funding towards our statewide transportation system,” explained Milo.
What exactly is Let’s Go, Colorado proposing and how could it impact the northwest metro region? We have the inside scoop on their proposed ballot measure.
What is Let’s Go, Colorado?
Let’s Go, Colorado is a ballot initiative to address the funding needs for transportation across the state of Colorado. The ballot initiative is being put forth by a coalition of nearly 30 organizations statewide commonly known as Coloradoans for Colorado.
Let’s Go, Colorado is proposing a 0.62 percent sales tax that would provide money to the State Highway Fund, Local Transportation Priorities Fund (Cities & Counties) and a Multimodal Transportation Fund.
Tell me more about the potential ballot measure…
After an in-depth look at every mechanism available to fund transportation, the coalition determined that a sales tax was the most equitable, single funding source. The sales tax option will raise enough to address our transportation needs while ensuring that everyone (including tourists) pay the same rates. In the first year, this solution is estimated to raise $767 million in revenue.
Worried about how this sales tax could impact your pocket book? The sales tax would be about six cents on a ten-dollar purchase.
How did we get here?
Colorado has a $9 billion backlog of transportation related projects that desperately need funding but there isn’t any available money in the state budget. This deficit didn’t appear overnight, so how did Colorado get here?
In 1992, Colorado passed a gas tax to help fund transportation projects in the state. 22 cents from every gallon of gas purchased goes towards transportation funding. Despite inflation, a higher cost of gas and growing transportation needs, this tax has not changed in almost 30 years.
Costs have also increased dramatically since 1992. The cost of resurfacing a road has increased by over 120%. The Colorado Department of Transportation can barely keep up with the costs of maintenance, let alone funding new projects.
The Let’s Go, Colorado ballot initiative has until August 6 to collect 98,492 signatures to get the initiative onto the November ballot.
Currently, Commuting Solutions has taken a position of conditional support of the Let’s Go, Colorado initiative, contingent upon the inclusion and level of funding of projects from our region in the ballot project list. The US 36 Mayors & Commissioners Coalition and Commuting Solutions has written a letter to the Colorado Department of Transportation outlining the projects they would need funded in order to support the ballot initiative.
If you would like to sign the Let’s Go, Colorado petition to get it on November’s ballot, click here.
To learn more about the state of transportation in Colorado, go to commutingsolutions.org.