03/18/2010 05:12 am ET Updated May 25, 2011

FasTracks Funding Will Fall Short Unless Voters Approve Tax Increase

RTD now says it will cost $6.7 billion to build all of FasTracks, but without a doubling of the existing tax this year, the agency will be short about $2.5 billion in revenues needed to complete the massive transit expansion by 2017.

Details of the 2010 FasTracks financial plan, released by Regional Transportation District officials Tuesday, show the agency expects cost savings for the project of about $300 million, compared with last year's total cost forecast of $7 billion.

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