By The Denver Gazette | via Colorado Politics
The Regional Transportation District is proposing a $1.2 billion budget for next year, arguing this level of spending will increase its levels of service, continue hiring for key frontline positions and sustain preventative maintenance projects.
“Over the last year, RTD has redoubled its efforts to maintain its assets in a state of good repair, enhanced employee recruitment and retention initiatives, and made significant progress in creating a welcoming transit environment,” Debra A. Johnson, the regional transit system’s general manager and CEO, said in a news release. “This proposed budget allows the agency to build on that momentum in the year ahead and respond to the ever-changing transit needs of customers in the Denver metro area.”
The RTD system is largely funded by the sales and use tax revenue. A smaller amount comes from fares. The rest of its budget comes from grants and other sources.