News
PPRTA tax extension passed
Posted: Nov 6, 2012 11:04 PM by Eric Ross
Updated: Nov 11, 2012 12:54 PM
COLORADO SPRINGS- A tax extension used to improve area roadways and bridges was approved Tuesday night.
Early polling results hinted at a huge victory for the Pikes Peak Rural Transportation Authority.
About 73-percent of early returns favored extending 55-percent of the one penny per dollar sales tax to help fund transportation projects through PPRTA.
Money was earmarked for this purpose back in 2004 and was set to expire in 2014.
The 10-year tax will be renewed in 2015 and last through 2024.
As Seen On News 5
