ARTERIAL ROAD FUNDING FOR SOUTHEASTERN JEFFERSON COUNTY: EQUITY BASED ON TRAFFIC IMPACT

Rapid development has resulted in a sudden deterioration of traffic conditions in southeastern Jefferson County, Colorado. This has led to an intensive effort to develop a funding and construction program to alleviate the deficiencies and provide for future needs. Traffic projections were used to size the needed roadway system and derive improvement costs, which were apportioned to each land use category on the basis of traffic generation. This apportionment became the main parameter for establishing a 20-year funding plan made up of three revenue sources: property tax, sales tax, and traffic impact fees on a 1/3, 1/3, 1/3 basis. The total revenue target was set at $120 million in present value. Property tax revenue by land use was projected and credited toward the funding responsibility of each land use. Sales tax revenues were credited toward only the retail responsibility. Traffic impact fees on new development were used to ensure that the projected revenue from all three sources by land use was equal to the total revenue responsibility by land use. The amount generated by existing land use would be approximately equal to the cost of presently needed improvements. The Board of County Commissioners of Jefferson County adopted the fees at a reduced level for the first year during which implementation of both the property tax district and the sales tax district is being processed through the state legislature.

• Record URL:
  • http://onlinepubs.trb.org/Onlinepubs/trr/1987/1107/1107-016.pdf
• Summary URL:
  • https://scholar.google.com/scholar_lookup?title=ARTERIAL+ROAD+FUNDING+FOR+SOUTHEASTERN+JEFFERSON+COUNTY%3A+EQUITY+BASED+ON+TRAFFIC+IMPACT&author=V.+Zebauers&author=A.+Zeikus&publication_year=1987
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• Supplemental Notes:
  • Publication of this paper sponsored by Committee on Application of Economic Analysis to Transportation Problems. Distribution, posting, or copying of this PDF is strictly prohibited without written permission of the Transportation Research Board of the National Academy of Sciences. Unless otherwise indicated, all materials in this PDF are copyrighted by the National Academy of Sciences. Copyright © National Academy of Sciences. All rights reserved.
• Authors:
  • Zebauers, Valdis
  • Zeikus, Al
• Publication Date: 1987

Media Info

• Media Type: Print
• Features: Maps; References; Tables;
• Pagination: pp 93-96
• Monograph Title: Private sector involvement and toll road financing in the provision of highways
• Serial:
  • Transportation Research Record
  • Issue Number: 1107
  • Publisher: Transportation Research Board
  • ISSN: 0361-1981

Subject/Index Terms

• TRT Terms: Arterial highways; Equity; Finance; Financing; Highways; Impact fees; Improvements; Land use; Property taxes; Revenues; Sales tax; Trip generation
• Geographic Terms: Jefferson County (Colorado)
• Subject Areas: Economics; Finance; Highways; Planning and Forecasting; Society; I10: Economics and Administration;

Filing Info

• Accession Number: 00474895
• Record Type: Publication
• ISBN: 0309044553
• Files: TRIS, TRB
• Created Date: Oct 31 1987 12:00AM