Posts Tagged ‘FasTracks’
RTD’s new theme song – Don’t worry, be happy
I could turn Tony’s Rants into an RTD and FasTracks only website very easily if I wanted to – there is simply so much to write about the boondoggle. Lately there have been a couple notable items come up that I thought needed mentioning. First up, in a guest column in the March 11th edition [...]
CDOT never planned for additional general purpose lanes on I-25 in north area
This is one I came across a few months ago and kept forgetting to write about. The north area has long been on the short stick of funding from the state and the Colorado Department of Transportation. Now comes the little nugget that CDOT has never even planned to add additional general purpose lanes to I-25 [...]
RTD blows FasTracks estimates – Yes, again
On the heels of a report from the North Area Transportation Alliance (NATA) that slammed RTD for its poor management of FasTracks and budgeting that was totally unrealistic, RTD’s own special panel says the project faces an additional $1 billion shortfall. You read that right. This means that what was a $2.2 billion shortfall now [...]
RTD’s FasTracks – Timeline of a history of problems
Denver area voters approved FasTracks TaxTracks in 2004 and since then the project has turned into a massive boondoggle. Costs have exploded, mismanagement runs rampant and RTD has been forced to cut parts of the project that were promised to the taxpayers. Below is a partial list of events in the last two years or so of the project. Last update, April 14, [...]
Are some north metro mayors afraid of confronting RTD?
In the wake of the North Area Transportation Alliance’s scathing report on the state of the FasTracks boondoggle, RTD of course rejects its conclusions. Further, it appears some north metro area mayors are afraid to confront RTD and protect their residents’ interests. The fact that some mayors are willing to stand by and let the [...]
NATA: RTD FasTracks finances “a product of management and policy failures of monumental proportions”
The North Area Transportation Alliance (NATA) released a scathing report of RTD’s FasTracks TaxTracks program, its finances and its plan for completion. The program has long been flailing and by the latest estimates suffers more than a $2 billion shortfall. What was supposed to be a regional rail system most likely now will become a [...]
Broken record: FasTracks financial situation gets worse
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 [...]
RTD once again touts fallacy that it completes projects ‘on budget’
RTD’s problems with math are well documented and are seen in the skyrocketing costs of FasTracks and its ability to properly budget for the project. The district is now closing the books on its part of T-Rex and rather proudly announced on its website “T-REX closes out light rail portion of project $3.7 million under [...]
Boulder Turnpike expansion moves forward – What about I-25?
Is it any wonder that north metro area residents have an inferiority complex when it comes to transportation funding? Our highways are continually neglected and ignored by CDOT and oftentimes even our own area politicians. We have watched C-470 bring relief to the southwest metro area, T-Rex fix the disaster through the central part of [...]
Metro mayors talk tough on FasTracks
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 [...]