Tuesday, February 17, 2009
RTD Tax Fate held by Legislature
Before RTD can go to the public with another tax increase, the Colorado State Legislature must grant it permission (see Rocky Mountain News Speakout). The legislature can limit the tax below the four-tenths of a cent RTD appears to be advancing (doubling the increase of 2004). They can delay the tax election until RTD proves it can accomplish a part of the building program on time and within budget. They can also insist the agency improve its management structure.