Really is the headlight on an oncoming train. So, RTD has announced that it won't be able to finish FasTracks without a tax increase, otherwise, the last rail won't be laid down until it's time to start replacing what's working now.
The Regional Transportation District says it would need a 0.2- to 0.3-cent hike in the metro sales tax - half again or more of the original FasTracks sales tax increase - to build what was promised to voters in 2004.Absent other new revenue from federal, state, regional or private sources, meeting the original 2017 completion date and building out all 10 corridors to their planned end points would require the extra tax on top of the 0.4-cent hike voters approved four years ago.
So this white elephant that I see whizzing by me - mostly empty - every morning as I drive down I-25 is looking so swinish there isn't enough lipstick in the front range for RTD to make it look better. I could take the thing into work, except that I'd either have to drive to the station or take two buses on the way in and a call-for shuttle once I got down here.
When A-I came up last year, I calculated that this little property tax increase - the one they asked about, as opposed to the one they didn't - was going to cost me three months of my retirement. Looks like we're about to be up to a full half-year. Which is good, because I can spend the extra time riding the Light Rail from station to station.
