MPACT 64 Transportation Infrastructure for Colorado We Cant

MPACT 64 Transportation Infrastructure for Colorado We Can’t Afford to Wait

Transportation is the Foundation Quality of Life Economi c Health Touris m Educatio n Trade Health Care Recreatio n Arts & Culture Governmen t Safety Transportation and Mobility Communit y

Colorado vs. Other States?

CDOT Revenues

CDOT Annual Funding Gap

MPACT 64 — Organizations Participating in the Dialogue Metro Mayors Caucus Progressive 15 Action 22 Club 20 Colorado Department of Transportation Colorado Counties Inc. Colorado Municipal League Colorado Contractors Association Ports to Plains CRL Associates Move Colorado Southwest Energy Efficiency Project Co. PIRG Denver Regional Council of Pikes Peak Area Council of Governments Pueblo Area Council of Governments Colorado Motor Carriers Association Icenogle Seaver Pogue, P. C. Denver Metro Chamber of Commerce Colorado Competes Transit Alliance Colorado Association of Transit Agencies I-70 Coalition Colorado Association of Ski Towns Regional Transportation District 36 Commuting Solutions

Public Opinion

Voters Describe the Quality of the Transportation They Use as Good or Fair Excellent Poor 7% 10% Good 42% Fair 40%

Voters Thoughts on New Revenues Motor fuel taxes are not popular! 59% 51% 45% 5 Raises $132 m/yr cents gallon $79 M per for CDOT 65% 38% 33% Raises $264 m 10 cents per/yrgallon $158 M for CDOT Vote Yes Vote No 15 cents per gallon Raises $538 m/yr $238 M for CDOT

Voters Thoughts on New Revenues Are there any other good options? 76% 72% 57% 39% 25% Vehicle Miles Traveled Tax 51% 43% 58% 39% 19% VMT with explanation Expand sales tax Index the gas tax Increase sales to include gas to inflation tax by half cent Favor Oppose

Voters Thoughts on New Revenues If new revenue was dedicated to maintaining, improving and repairing Colorado’s roads, highways, bridges and transit system 27% Equivalent to sales Year tax $30. 5%Per 66% 68% 70% Equivalent to $60 Per Year. 7% sales tax Willing Not Willing 29% $90 Perto. Year Equivalent 1% sales tax

Voters Thoughts on Transit When asked to say what they thought was the best way to improve transportation in Colorado, over 60% statewide pointed to transit. Among the words they chose to use were, in priority order: Light rail Mass transit Rail Bus Trains Fas. Tracks New transportation finance mechanism won’t pass without transit

MPACT 64 Priorities Funding Priorities Multimodal improvements System preservation & annual maintenance Safety New capacity – managed lanes Revenue Strategies Statewide funding first Then address regional needs Or — both at once

MPACT 64 Straw Man Potential Funding Strategy Currently Under Consideration/Discussion Statewide Sales Tax Increase Transportation Lockbox No access for “off the top” diversions (State Patrol, Ports of Entry, etc. ) No access for legislative diversion to general fund expenditure . 7% sales tax 15 year sunset Distribution between HUTF and Transit at 67% and 33% Transit distribution to transit agencies and interregional transit projects HUTF distribution 60% to State, 22% to counties, 18% to municipalities Distribution to municipalities optional by region of the state: Non-metro by HUTF formulas? Metro/urban by population? State and regional project list

Possible Distribution Scenario Distribution assuming. 7% sales tax dedicated to transportation — with 33% for transit and 67% to the HUTF Typical HUTF split — 60% to the State — 22% to the Counties — 18% to the municipalities Distribution Categories. 7% Sales Tax Annual Statewide (10 Year Average) Total $605, 000 67% HUTF 33% Transit 60%HUTF to 22% HUTF to 18% HUTF to State Counties Municipalities $405, 350, 000 $199, 650, 000 $243, 210, 000 $89, 177, 000 $72, 963, 000

What Next? Polling Timeframe – Dec 15 th Straw Man/Sample Projects MPACT 64/Partners Review of Polling If Polling is Against – Stop If Polling is Supportive – Continue? ? ? Ballot Initiative Coalition Fine Tune Straw Man Transportation/Transit Project Refinement