Posts Tagged ‘DRCOG’

Like a broken record that gets stuck and keeps repeating the same thing over and over again, RTD once again delivered dire news to taxpayers about the FasTracks boondoggle.  RTD now says that the project which has seen ballooning costs and budget shortfalls only has enough funding to build two of the six new rail [...]

Tuesday the Denver Post reported some pretty tough talk from Denver metro area mayors about RTD’s FasTracks boondoggle.  The rail project which is facing more than a $2 billion funding shortfall continues to show failures of management and yet area politicos seem bent on supporting it to its bitter end.  Aurora mayor Ed Tauer and [...]

In what is hardly a shocker, the Denver Regional Council of Governments’ latest annual review of the RTD FasTracks project paints a picture of continued failures with the largest boondoggle in the state of Colorado.  Despite continued budget problems and repeated warnings about their overly optimistic expenses and income for the project, RTD continues to [...]

Absolutely amazing.   As I reported earlier, out of the first $500 million of stimulus funds awarded to CDOT, Thornton gets all of one traffic metering light on the ramp from 84th Avenue to I-25.  OUCH.  I was pretty mad about that one but was told the city expected to receive some of the $60 million [...]

The Denver Regional Council Of Governments (DRCOG) has told RTD that it needs to get its financial forecasting straight and stop dreaming.  We already know that the $4.7 billion cost taxpayers were promised for this boondoggle has ballooned to $6.1 billion.  In DRCOG’s annual review of the project, they are pretty much forewarning the public [...]