Aspen, CO – Sales Tax, Nov. 2008

Aspen, CO

Election Date: November 4, 2008
Type: Sales Tax
Revenue Type:
Transit Revenue Explanation:
Outcome: Win for Transit
Results:

The Roaring Fork Transportation Authority (RFTA) is asking for a 0.4 percent sales tax increase on the November ballot to allow it to begin implementing bus rapid transit. Six municipalities (Aspen, Snowmass Village, Basalt, Carbondale, Glenwood Springs and New Castle) and two counties (Eagle and Pitkin) are in RFTA's jurisdiction. The increase could phase in nearly $62.5 million in capital improvements and boost operating revenues by about $37 million between 2009 and 2017. To help jump start the expansion of the bus system, RFTA will seek voter approval to issue $38 million in bonds. The sales tax hike and bonding issuance will be wrapped into one question for the November ballot.