Friday, October 5, 2012

Budget shows which roads will be upgraded in 2013

Posted by on Fri, Oct 5, 2012 at 4:59 PM

road at sunset
  • Moyan_Brenn_BE_BACK_on_10th_OCT

On Monday, Colorado Springs City Council will get its first look at the 2013 Pikes Peak Rural Transportation Authority budget.

The PPRTA, as you likely know, is a dedicated sales tax that pays for many of the region's road projects while also picking up the tab for a lot of maintenance and some bus service.

The budget isn't final yet, but if you're dying to know if a road near you will soon see some work, here's some information from the proposed budget, courtesy of the Council agenda:

Current sales and use tax projections indicate that the 1% PPRTA Sales and Use Tax will generate $70,000,000 for the year 2013, for the entire region (net revenue excluding estimated transit fare box revenue). This level of revenue will provide for the following:

− Capital Budget (55%)……………………………………………………..... $38,093,550
− Maintenance Budget (35%)………………………………………………… $24,241,350
− Transit Budget (10%)……………………………………………………….. $6,926,100

The City of Colorado Springs’ portion of the Capital Budget is projected to be $23,004,388 Refer to Appendix A-1 for the capital spreadsheet with budget amounts allocated to each capital project, and Appendix A-2 for a narrative description of each capital project that is funded in 2013. A summary of the 2013 capital budget amounts follows:

− Woodmen Road Widening Phase 2……………………………………….. $3,467,612
− Austin Bluffs Corridor (Nevada to Academy & Barnes to Old Farm)…… $14,327,335
− Fillmore Street Corridor……………………………………………………… $2,435,152
− Austin Bluffs Bridge Widening …………………………………………….. $1,364,402
− Congestion/Incident Mgt. & Signal Improvements ………………………. $303,438
− Roadway Safety & Traffic Operations …………….………………………. $994,408
− On-Street Bikeway Improvements……………………………………….. $112,041

CAPITAL TOTAL $ 23,004,388

The City of Colorado Springs’ portion of the Maintenance Budget is projected to be $17,177,090. The separate maintenance category budgets are proposed to be:

− Roadway Maintenance ……………………………………………………... $6,355,523
− Concrete Maintenance ……………………………………………………… $5,496,669
− Bridge Repair and Maintenance ……………………………………………$1,717,709
− Incident Management/Signal Upgrade ………………………………… $343,542
− City-wide Safety and Traffic Operations …………………………………$3,091,876
− Capital Project Maintenance……………………………………………….. $171,771

MAINTENANCE TOTAL $17,177,090

The City of Colorado Springs’ portion of the Transit Budget is projected to be $15,567,394. A summary of the 2013 transit budget amounts follows:

− 2013 Tax Revenue………….……………………………………………….. $6,926,1003
− Box Fare and Other Revenue…………………..………………………... $3,141,294
− 2012 Carry Forward…………….…………………………………………… $5,500,000

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