DALLAS — Colorado will need an additional $1.5 billion per year to invest in transportation infrastructure in the face of deteriorating roadways and increasing use, a panel appointed by Gov. Bill Ritter Jr. reports.

Adding the new revenue would more than double the $1 billion that Colorado currently spends on transportation each year. The additional revenue could be leveraged through bond issues to finance new construction, officials said.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.