x hide permanently

Both ballot initiatives to increase Colorado transportation funding crash

Denver Business Journal

Given two opportunities to pump funding into Colorado’s congested and cracking transportation system, voters passed on both Tuesday, leaving the state still searching in vain for a new source of revenue for highways and transit. Statewide voters rejected Proposition 110 — a 0.62-cent, 20-year sales-tax hike that would have produced nearly $22 billion in revenues and funded repayment of a $6 billion bond issue for state highway expansion — by a margin of roughly 60 percent to 40 percent.