Quote:
Originally Posted by wong21fr
But, that precludes any monies spent on BRT corridors, road repairs, pedestrian improvements, bike lanes, etc. That $46M/yr would be better spent elsewhere.
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It would be better for major projects like light rail or subways to be primarily funded by or substantially shared with RTD.
Never is it hard to spend money and I'd be happy to help.
They could easily accelerate curing the backlog of deferred road repaving & maintenance (highly likely). Also, there were transportation projects that didn't make the bond priority cut and a few were only partially funded. Alameda at I-25 comes to mind. Brighton Blvd Phase 3 comes to mind assuming Phase 2 has been funded. I'd have to dig into what didn't make the cut; too lazy.
I could see Denver taking your advice to rob Peter, not from ordinary budgeting but rather from the (General Fund) Capital Improvements Program. The annual CIP typically has about $11 million (extra) to play with. They could forego spending for both Parks and Transportation if both initiatives pass. I'm sure the Mayor can think of lots of ways to spend money for the upcoming National Western Center for example.
Woot woot, despite early (10:35 am) start in Atlanta, the Rockies have swept the Braves winning today's game 4-2.
Correction: You know how you can type in a few key search words and often come up with needed info without actually clicking on a specific site? Well I originally pulled up $160 million for annual CIP spending. Didn't feel right so I went to the
six-year Elevate 2020 budget projections. Turns out they have about $85 million in revenue to spend but the majority of that is already committed, primarily for ongoing maintenance programs. Available
discretionary funds are only about $11 million per year through 2020.