Transportation funding is on the November 6 ballot, as Proposition 109 and 110; two very different approaches to funding transportation.
Proposition 109, known as “Fix Our Damn Roads,” allows the state to borrow $3.5 billion to use on highway projects throughout Colorado, but doesn’t identify where the money to repay the bonds would be found in the state budget. It also doesn’t help any local communities with their transportation needs.
Proposition 110, known as “Let’s Go Colorado,” raises the sales and use tax from 2.9 to 3.52 percent for 20 years, providing authorization for $6 billion in bonds to fund State highways (45 percent), local transportation priorities (40 percent, split between counties and municipalities) , and multimodal transportation (15 percent). The Chamber Board voted to support Proposition 110.