COLORADO SPRINGS — The 1,000 MILE mark was reached Wednesday by 2C paving crews in Colorado Springs. Colorado Public Works Maintenance Manager, Corey Farkas said it “fulfills the promise” to taxpayers made five years ago when they okayed the 2C sales tax increase for road improvements.
With several weeks before it gets too cold to pave crews will add miles beyond the 1000 mile goal.The 2C estimate was $250 million dollars from the sales tax over the five years. Extra miles can happen each of the first four years exceeded the projected $50 million a year. The pandemic slowed tax income this year, but when 2C ends on December 31st, as much as $12 million could remainin the 2C budget. "Those funds will stay in that dedicated funding account and we will have to add streets next year 2021."
Voters did approve another five years of paving with the 2C-2 ballot question. It’s lowers the tax rate, but is projected to raise similar funding to the five years of its 2C cousin.
