Colorado Budgeting Plan to Add $300 Million to Annual Road Spend

Colorado expects to implement a new way of budgeting transportation projects early in 2013 that Gov. John Hickenlooper said will accelerate their completion.

The new budgeting program, called Responsible Acceleration of Maintenance and Partnerships (RAMP) will allow the state to better coordinate project expenditures and available funding. That, in turn, will allow CDOT to use an additional $300 million a year over a five-year period, and to create or sustain more than 10,500 jobs over those five years.

The projects included in RAMP are in addition to CDOT’s planned construction program. The Colorado Transportation Commission will decide the criteria for picking the additional projects soon.

(more on Colorado's accelerated road budgeting . . . )