Colorado road funds now can go to varying transit projects
May 6, 2013
A new state law that quietly moved through this year’s legislature gives cities and counties unprecedented freedom to spend tax dollars on transportation projects other than roads and bridges.
This means communities for the first time can use their share of the $250 million pot of money made up of state fuel sales taxes and license plate fees — known as the Highway Users Tax Fund, or HUTF — on bike and pedestrian lanes and bridges, bus purchases, rail-station construction and other transit-friendly projects.
Previously, HUTF could be used only to build and patch roads and bridges.
Read more at The Denver Post.