If you have yet to visit my page with information and recommendations on the long list of initiatives and referenda on Colorado's 2008 ballot, now is the time to stop by. After all, thanks to the clever and capable stylings of Colorado cartoonist Ben Hummel, the page is now illustrated! … [Read more...]
$7.9 Billion: RTD FasTracks Now Nearly 70 Percent Over Original Cost
The Denver Post reports today that the price tag for Regional Transportation District (RTD)'s taxpayer-funded FasTracks plan has jumped again:The price of the FasTracks rail expansion — if it is to be completed by 2017, as promised to voters — has jumped from $6.1 billion to $7.9 billion, according to officials familiar with RTD's latest analysis of the program. Approved by voters in 2004 for $4.7 billion, estimates later rose to $6.1 billion - a 30 percent increase. Now they have skyrocketed to $7.9 billion, nearly 70 percent higher than original estimates. According to the Post, RTD either has to narrow the scope of the project, delay its implementation, or ask for more tax money:Centennial Mayor Randy Pye, who heads the 37-member … [Read more...]