- Plans & Studies
Plans & Studies
Funding for transportation projects is limited but in 2021 two newly passed infrastructure bills created a significant increase in transportation funding available. The passage of Senate Bill 260 in Colorado, and the Federal Infrastructure Investment and Jobs Act will make essential new funding available for transportation projects at the local, state, and national levels. Through these bills, new funding mechanisms have been developed to increase revenues available for transportation. The other transportation funding in Broomfield is primarily derived from local sales tax.
In 2021, the State of Colorado created new transportation revenues to significantly increase funding available for transportation projects in Senate Bill 260. The legislation is projected to raise approximately $5.4 billion for transportation over the next 10 years through a combination of general fund transfers and new state fees on gasoline, diesel, electric vehicles (EVs), residential deliveries, and rideshare trips to repair and expand our decaying transportation system and clean up its air pollution. At the federal level, the Infrastructure Investment and Jobs Act increases funding for a variety of infrastructure-related projects including roads and bridges, public transit, rail, among others.
In an effort to spend transportation funding wisely and to prepare projects to be competitive for state and federal funding opportunities, Broomfield and our regional partners have focused heavily on planning and studying our transportation infrastructure and our demographic and socio-economic trends to understand the best use of funding to meet the existing and future transportation needs in the community.
In recent years, Broomfield has focused extensively on improving the quality of life for our residents and visitors by working to enhance transportation options in the community, including bicycle and pedestrian modes of transportation. The majority of transportation projects that take place in Broomfield have, at minimum, a component related to enhancing active modes by improving safety and reducing stress experienced by active modes users. This is reflected in the plans and studies taking place in the community.