Legislature eyes 'unprecedented' deficit for roads

Posted Wed, 06 Aug 2008

By Ed Sealover 

Colorado's road funding is about to experience unprecedented losses, but residents apparently still do not consider it a crisis, state legislators learned Tuesday. 

For the first time, all three of the main funding sources for state roads - the gas tax, federal revenues and a spillover account in the state budget - are set to decline at once, Colorado Department of Transportation Executive Director Russ George said. 

Lower-than-expected federal revenues also could fall $80 million more, decimating construction and paving projects. 

Still, a recent survey by the group Move Colorado showed that while voters are beginning to see transportation as a more pressing issue, they aren't ready yet to raise taxes, executive director Randy Harrison said. ...

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