DALLAS — Without a sales tax increase, the Denver area’s FasTracks transit system — originally designed as a 12-year project — would not be completed until 2042, according to the Regional Transportation District.

Despite the threat of a 25-year delay, RTD will not be asking for the 0.4-cent tax hike this year. In a special meeting last week, the district’s board called off plans to seek voter approval of the increase in November.

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.