![Page 1: PowerPoint Presentation€¦ · SHF. $22.5M. to locals. $22.5M . to multimodal. $380M (SB 267 issuance-CDOT existing funds covers payments at ~$27M first year and $10M/year) after](https://reader033.vdocuments.us/reader033/viewer/2022042314/5f01c8897e708231d4010370/html5/thumbnails/1.jpg)
I-25 Gap CoalitionMay 24, 2018
![Page 2: PowerPoint Presentation€¦ · SHF. $22.5M. to locals. $22.5M . to multimodal. $380M (SB 267 issuance-CDOT existing funds covers payments at ~$27M first year and $10M/year) after](https://reader033.vdocuments.us/reader033/viewer/2022042314/5f01c8897e708231d4010370/html5/thumbnails/2.jpg)
0
1
2
3
4
5
6
7
8
9
10
Unfunded Priority Unfunded SB 267
CDOT Project Priorities*
2
PRIORITIZED: 89 major highway projects,
and in process of identifying multi-modal
priorities
FUNDED: SB 267 Funds
$1.8 billion over 4 years
Funded through GF and existing CDOT
budget
* As identified in CDOT’s current development plan created with planning partners
Billi
ons
of D
olla
rs
IDENTIFIED: Over 130 major highway
projects; transit, operations, and bike/ped
needs; (not including > $200m in additional
annual maintenance needs)
![Page 3: PowerPoint Presentation€¦ · SHF. $22.5M. to locals. $22.5M . to multimodal. $380M (SB 267 issuance-CDOT existing funds covers payments at ~$27M first year and $10M/year) after](https://reader033.vdocuments.us/reader033/viewer/2022042314/5f01c8897e708231d4010370/html5/thumbnails/3.jpg)
Senate Bill 267 ProjectsYears 1 & 2 Shown, Years 3 & 4 not selected
3
![Page 4: PowerPoint Presentation€¦ · SHF. $22.5M. to locals. $22.5M . to multimodal. $380M (SB 267 issuance-CDOT existing funds covers payments at ~$27M first year and $10M/year) after](https://reader033.vdocuments.us/reader033/viewer/2022042314/5f01c8897e708231d4010370/html5/thumbnails/4.jpg)
SB 1: What Does It All Mean?
4
$346.5M to state highway fund (SHF)
$74.25M to local governments
$74.25M to the multimodal transportation options fund
July 1, 2018
~ October, 2018
July 1, 2019
$105M to SHF
$22.5M to locals
$22.5M to multimodal
$380M (SB 267 issuance-CDOT existing funds covers payments at ~$27M first year and $10M/year) after for 20 years
What We Know
Nothing Passes =2019 Referred measure
.62 Sales Tax Passes
Fix Our Damn Roads Passes
• SB 267 repealed• No referred 2019 measure• Bond for $3.5B • Payment from GF (and/or
CDOT)
• 3 years of SB 267 ($1.5B)• No referred 2019 measure• Bond for $6.0B hwy/mm• GF provides additional
$50M/20 years to CDOT
• Bond $2.3B• SB 267 repealed• GF provides $122M to pay
for bonds (CDOT continues $50M)
*If fails: $50M/20 years plus SB 267 continues
What Could Happen
![Page 5: PowerPoint Presentation€¦ · SHF. $22.5M. to locals. $22.5M . to multimodal. $380M (SB 267 issuance-CDOT existing funds covers payments at ~$27M first year and $10M/year) after](https://reader033.vdocuments.us/reader033/viewer/2022042314/5f01c8897e708231d4010370/html5/thumbnails/5.jpg)
5
SB1 : State FundingCD
OT
Proc
eeds
CDO
T Re
paym
ent
$6.2
bill
ion
in p
roje
cts i
dent
ified
for n
ew fu
ndin
g
Addi
tiona
l pro
ject
s an
d fu
ndin
g ne
ed
TBD
2018 Initiatives Fail, 2019 Ballot
Measure Fails
2018 Initiatives Fail, 2019 Ballot Measure Passes
2018 Initiative 167 (Fix Our Roads)
Passes
2018 Initiative 153 (0.62 cent sales tax)
Passes
![Page 6: PowerPoint Presentation€¦ · SHF. $22.5M. to locals. $22.5M . to multimodal. $380M (SB 267 issuance-CDOT existing funds covers payments at ~$27M first year and $10M/year) after](https://reader033.vdocuments.us/reader033/viewer/2022042314/5f01c8897e708231d4010370/html5/thumbnails/6.jpg)
Potential Ballot Project List
6
![Page 7: PowerPoint Presentation€¦ · SHF. $22.5M. to locals. $22.5M . to multimodal. $380M (SB 267 issuance-CDOT existing funds covers payments at ~$27M first year and $10M/year) after](https://reader033.vdocuments.us/reader033/viewer/2022042314/5f01c8897e708231d4010370/html5/thumbnails/7.jpg)
Questions?
7