Roadway repairs remain ahead of schedule, 225.04 lane miles scheduled to be paved in 2020
COLORADO SPRINGS, Colo. – Members of the 2C advisory committee met Thursday to review progress made on roadway repairs and discuss the status of revenues and expenditures for the third quarter of 2019. This is the fourth of five years of the 2C program, which was approved by voters in November 2015.
2C revenues collected from February-October 2019 continue to surpass 2018 revenues generated by the temporary 0.62 percent sales tax over the same time period. Any and all funds remaining at the conclusion of the five-year schedule will be applied to paving in future years.
2019 2C tax revenues increased 3.24 percent over 2018
- 2C revenues collected from Feb. 1-Oct. 31, 2019: $42,662,803
- 2C revenues collected from Feb. 1-Oct. 31, 2018: $41,323,968
On Nov. 5, 2019 voters passed a five-year extension of 2C (2021-2025) at a reduced tax rate of 0.57 percent (5.7 pennies on a $10 purchase). The new tax rate will start on Jan. 1, 2021.
There are 225.04 lane miles scheduled to be paved in 2020, weather depending, which will bring the projected five-year total for 2C-funded paving to 1,070.54. This puts the ballot initiative ahead of its initial goal to pave 1,000 lane miles of new asphalt over its five-year life.
The 2020 paving list was created in coordination with multiple stakeholders, including city and county departments, Colorado Springs Utilities and other entities. The list is subject to change based on a variety of factors, including coordination of roadway work, resources and weather.
For more information about 2C projects, including the 2020 paving list, visit ColoradoSprings.gov/2C. To view an interactive map of all public works projects in 2019, visit ColoradoSprings.gov/PublicWorks