2C Advisory Committee reviews progress in quarterly meeting

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COLORADO SPRINGS, Colo. – Members of the 2C Advisory Committee met today to review progress made on roadway repairs and discuss the status of revenues and expenditures for the third quarter of year three of voter-approved 2C funding.

2C revenues collected over the first nine months of 2018 continue to surpass 2017 revenues generated by the temporary 0.62 percent sales tax approved by Colorado Springs voters in Nov. 2015. Any and all funds remaining at the conclusion of the five-year schedule will be applied to paving in future years.   

2018 2C tax revenues continue to surpass 2017 numbers

2C Revenues Collected Jan. 1 – Sept. 30, 2018:                  $41,236,212

2C Revenues Collected Jan. 1 – Sept. 30, 2017:                  $38,726,819

There are 232 lane miles scheduled to be paved in 2019, which will bring the four-year total for 2C-funded paving to 926. This puts the ballot initiative well ahead of its initial goal to pave 1,000 lane miles of new asphalt over its five-year life. The 2019 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 2019 paving list, visit ColoradoSprings.gov/2C. To view an interactive map of all public works projects in 2018, visit ColoradoSprings.gov/PublicWorks