As the Regional Transportation District prepares to launch a free-fare promotion in August, it’s also charting out long-term dreams of a future when metro Denver’s transit system can ag…
in coming years, with an end goal of reaching 85% of pre-pandemic service levels by 2027, up from about 70% now. The longer-term Mobility Plan sets this fiscally constrained level as the floor for the future, asking if more is possible as RTD regains its strength.
But he likes that the long-term plan thinks big. He also likes the more modest ideas it delves into, including emerging discussions about local partnerships in which cities such as Denver or suburban cities might step up and bankroll local buses or other services RTD can’t afford. The plan lays out thorny questions that the current and future RTD boards will grapple with as they seek to get the system on a firmer, and perhaps more expansionist, footing:
RTD leaders have discussed going to voters by fall 2024 for a smaller ask than a tax increase: Authority to lift revenue growth caps under the Taxpayer’s Bill of Rights that will kick in after RTD finishes paying off one set of old debt, called a “de-Brucing.” That move would allow the agency to avoid forgoing about $82 million from sales tax collections in 2025 through 2027. Through 2050, the amount RTD could hang onto is projected to reach nearly $2 billion.
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