A simulation of what the cap would like like over Interstate 70 through the Swansea neighborhood. (Photo courtesy of the Colorado Department of Transportation)
Thanks to constraints of the Taxpayer’s Bill of Rights, the funding for the reconstruction of Interstate 70 through north Denver has fallen apart, outgoing state transportation director Don Hunt told us the other day.
The state is expected to give back at least $137 million to Coloradans for fiscal year 2015-16 in the form of a TABOR rebate, and for complicated reasons that rebate will seriously impact transportation and capital construction funds.
It is further evidence that even in these heady economic times, TABOR is proving to have destructive impacts on basic government services.
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