Transportation initiative qualifies for the Colorado ballot | AspenTimes.com

Transportation initiative qualifies for the Colorado ballot

Measure would require state to take out $3.5 billion in bonds and put the money toward road projects

Ben Botkin
The Denver Post

A proposal that would authorize $3.5 billion to upgrade Colorado's road and highway system has qualified for the November ballot, Colorado Secretary of State Wayne Williams said Wednesday.

Called "Fix Our Damn Roads," the measure would require the state to take out $3.5 billion in bonds without raising taxes and put the money toward road projects. The effort had 169,598 signatures submitted, and 98,492 signatures are required.

Based on a 5 percent random sample of signatures tested, the Secretary of State's Office projects that the proposal has 112,872 valid signatures. The organizer of the proposal is Jon Caldara, a Denver Post columnist and president of the Independence Institute, a conservative-libertarian think tank.

Five other initiatives are still facing signature review, which will be completed by Sept. 5. Those include Initiative 153, which would raise money for transportation projects by increasing the state's sales-and-use tax from 2.9 percent to 3.52 percent for a 20-year period.