Posts Tagged ‘RTD’

Certainly it has become painfully obvious that RTD sold the taxpayers a bill of goods in 2004 that they had absolutely no ability to fill.  The project gets deeper and deeper in red and mismanagement of the project is seen at every step. Through it all, the North Metro Corridor has been the bastard child [...]

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 [...]

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 [...]

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, [...]

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 [...]

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 [...]

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 [...]

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 [...]

Former Thornton mayor and  current RTD director Noel Busck spoke Fox 31 News last week and addressed his involvement in holding $400,000 in cash from accused drug ring leader Dan Tang.  In the interview, Busck says that he did so without question simply as a measure of his 20 year friendship with Tang.  The interview [...]