Voters won’t be asked this year for a tax hike to complete the FasTracks public transportation project unless the economy picks up in the next 60 days.
Regional Transportation District board members authorized a financial plan Tuesday that includes asking voters in 2011 or 2012 for a tax hike that could generate the necessary $2 billion to finish the FasTracks project.
If RTD posed the question to voters in 2012, board members would ask for a .4 percent increase.
Board members will spend 60 days studying the feasibility of holding an election this year.
Several factors could determine whether RTD board members decide to put the issue on the ballot this November, including whether the economy continues to improve, whether gas prices decrease, and the willingness of private organizations to put down enough money to fund a campaign.
Read the full story in tomorrow's edition of the Aurora Sentinel!
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