Vote yes on 110 This November, two transportation propositions will be on the ballot. In light of a recent letter to the editor, it is worth outlining their differences. Prop 109 (Fix Our Damn …
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Vote yes on 110
This November, two transportation propositions will be on the ballot. In light of a recent letter to the editor, it is worth outlining their differences. Prop 109 (Fix Our Damn Roads) would bond $3.5 billion dollars, which must be repaid over 20 years. All of the funding must be dedicated to state highways. This means no money comes to Douglas County or Castle Rock, and no funding is available for pedestrian or transit needs. Importantly, Proposition 109 replaces the $1.5 billion in existing state funding, providing only a $2 billion net increase.
Prop 110 (Let’s Go Colorado) raises $6 billion dollars over 20 years through a 0.62 percent sales tax increase. Forty-five percent goes to state highways, 20 percent to cities, 20 percent to counties and 15 percent to pedestrian and transit needs. Prop 110 preserves the $1.5 billion already allocated from existing law, and adds $6 billion to it.
The debt created by Prop 109 could reach $5.2 billion. That money must be transferred from the existing state budget to pay the state back. What will we lose, to pay it back? No one likes new taxes, but Prop 110 provides a real payment plan, not just irresponsible debt, and tourists and other visitors to the state pay some of it as well. Colorado hasn’t raised its gas tax since 1991. That’s 27 years of inflation and record growth. We need a responsible solution to transportation problems. It’s Proposition 110.
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