Fifty-five percent of PPRTA funding is allocated for capital projects, which are large projects that significantly improve the region’s transportation system.
The 2004 ballot issue listed 72 specifically named transportation improvements defined as capital projects. These projects were divided into an “A” group of 45 projects, a “B” group of 16 projects, and a “C” group of 11 projects, and had to be completed in an A-B-C sequence. The City of Manitou Springs and the Town of Green Mountain Falls each received one capital project, while the City of Colorado Springs and El Paso County divided the balance of the funding for their listed capital projects. Funding for PPRTA-1 (2005-2014) capital projects was not sufficient to proceed into the "B" or "C" lists.
In November 2017, voters approved adding one project to the 2012 voter-approved capital projects list which runs from 2015-2024. This was the widening of the 2-mile El Paso County section of the widening of the 18-mile stretch of I-25 (known as the Gap) from the Highway 105 overpass north to the south end of the City of Castle Rock. The voters approved using the 55% capital portion of any revenue received in excess of the budget for the years 2018 and 2019 to financially assist the Colorado Department of Transportation (CDOT) with this project, up to a maximum of $10 million from the PPRTA.
The first ten-year capital program approved by the voters in 2004 ended in December 2014. Of the 72 projects in the original program, our goal was to complete the 45 “A” list (priority) projects. We have completed 39 of those projects and expect to complete 44 and most of the 45th project by the time funding from the first ten-year cycle is spent.