Pikes Peak Rural Transportation Authority
2025 Budget Compared to 2024 Amended Budget
Revenue and Expense Summary
| Category | 2024 Amended Budget | 2025 Original Draft Budget | Difference |
|---|---|---|---|
| Revenue | |||
| Tax Collections: | |||
| Capital: | |||
| Town of Green Mountain Falls | $77,098 | $68,812 | $145,910 |
| City of Manitou Springs | 579,783 | 517,478 | 1,097,261 |
| City of Colorado Springs | 57,162,121 | 51,019,315 | (6,142,806) |
| El Paso County | 24,142,639 | 21,548,202 | (2,594,437) |
| Ramah | 13,247 | 11,824 | (1,423) |
| Calhan | 90,942 | 81,169 | (9,773) |
| 82,065,830 | 73,246,800 | (7,505,268) | |
| Maintenance: | |||
| Town of Green Mountain Falls | 49,062 | 48,713 | (349) |
| City of Manitou Springs | 368,953 | 366,328 | (2,625) |
| City of Colorado Springs | 36,375,895 | 36,117,089 | (258,806) |
| El Paso County | 15,363,498 | 15,254,190 | (109,308) |
| Ramah | 8,430 | 8,370 | (60) |
| Calhan | 57,872 | 57,460 | (412) |
| 52,223,710 | 51,852,150 | (371,560) | |
| Public Transportation | 14,921,060 | 14,814,900 | (106,160) |
| Reserve | (50,000) | 9,235,150 | 9,285,150 |
| Administration allocation of Tax Revenue | 839,400 | 851,000 | 11,600 |
| Total Tax Revenue | 150,000,000 | 150,000,000 | 0 |
| Less Sales & Use Tax Collection expenses | (270,000) | (270,000) | 0 |
| Net Revenue before Other Income | 149,730,000 | 149,730,000 | 0 |
| Other Revenue Sources: | |||
| Public Transportation fare Revenue | 2,402,633 | 3,612,157 | 1,209,524 |
| Transit Advertising and Other Revenue | 459,500 | 469,000 | 9,500 |
| Interest Earnings | 16,000,000 | 10,000,000 | (6,000,000) |
| Net Revenue | 168,592,133 | 163,811,157 | (4,780,976) |
| Expenditures | |||
| Administrative | 839,400 | 851,000 | 11,600 |
| Public Transportation | 19,356,193 | 19,869,057 | 512,864 |
| Maintenance | |||
| Town of Green Mountain Falls | 54,234 | 51,912 | (2,322) |
| City of Manitou Springs | 407,849 | 390,387 | (17,462) |
| City of Colorado Springs | 40,210,695 | 38,489,155 | (1,721,540) |
| El Paso County | 16,983,140 | 16,256,041 | (727,099) |
| Ramah | 9,319 | 8,920 | (399) |
| Calhan | 63,973 | 61,234 | (2,739) |
| 57,729,210 | 55,257,650 | (2,471,560) | |
| Capital | |||
| Town of Green Mountain Falls | |||
| Stilling basins | 6,050 | (6,050) | |
| Ute Pass Ave Pedestrian Bridge Safety Improvement | 73,840 | 73,840 | |
| 6,050 | 73,840 | 67,790 | |
| City of Manitou Springs | |||
| Transit Shuttle and Surface or structure parking | 506,318 | (506,318) | |
| Manitou St System Safety and Mobility Improvements – City Wide – Phase 1 | 555,286 | 555,286 | |
| 506,318 | 555,286 | 48,968 | |
| City of Colorado Springs | |||
| 8th St. Imps: Motor City Way to Fountain Creek | 1,000,000 | ||
| Academy Blvd.: Fountain to Proby Pkwy. Pavement reconstruction | 13,300,000 | (13,300,000) | |
| Circle Dr. Bridges combined | 9,595,436 | (9,595,436) | |
| I-25 Ramps: S. Nevada/Tejon St. Corridor Study | 7,561,497 | (7,561,497) | |
| Las Vegas St./Royer UPRR Crossing Relocation | 2,000,000 | (2,000,000) | |
| Platte Ave. West Bound Over Sand Creek Bridge Replacement | 831,607 | (831,607) | |
| Union Pacific RR: Mainline over Fontanero Bridge replacement | 22,213,760 | (22,213,760) | |
| Union Pacific RR: Nevada & Tejon Crossting-design only | 1,000,000 | (1,000,000) | |
| Companion Drainage Improv. for Roadway Projects | 412,000 | (412,000) | |
| Emergency Bridge Funds | 1,000,000 | (1,000,000) | |
| Citywide Intersection Improvement Ph. I | 1,324,000 | (1,324,000) | |
| Citywide On-Street Bikeway Improv. Ph. I | 412,000 | (412,000) | |
| Citywide Ped Transportation Improv. Ph. I | 687,000 | (687,000) | |
| Citywide Roadway Safety, Traffic Ops, & Maint Ph. I | 1,000,000 | (1,000,000) | |
| Citywide School & Neighborhood Ped Improvements Ph. I | 412,000 | (412,000) | |
| Citywide Congestion and Incident Mgmt. Signal Improv. Ph. I | 412,000 | (412,000) | |
| Fixed-Route Bus System Vehicle Replacement | 1,081,000 | (1,081,000) | |
| Sidewalk/Bus Stop Program on Existing Routes | 40,000 | (40,000) | |
| Colorado Ave Improvements – 21st St to Limit St | 150,000 | 150,000 | |
| Companion Drainage Improvements for Roadway Projects | 500,000 | 500,000 | |
| Dublin Blvd Improvements – Peterson Rd to Marksheffel Rd | 6,375,200 | 6,375,200 | |
| Emergency Bridge Fund – Phase 1 | 1,000,000 | 1,000,000 | |
| Fillmore St and Bridge Improvements and Trail Connections – I-25 to Monument Creek | 750,000 | 750,000 | |
| Midland Trail Completion (21st St to 25th St) | 1,025,000 | 1,025,000 | |
| Nevada Ave Reconstruction – Commerce St to Templeton Gap Floodway | 1,600,000 | 1,600,000 | |
| Nevada Ave Reconstruction – Rock Island Railroad to Commerce St | 1,600,000 | 1,600,000 | |
| Sinton Trail Improvements | 100,000 | 100,000 | |
| Marksheffel Rd Improvements – Woodmen Rd to N Carefree Cir | 20,846,648 | 20,846,648 | |
| Powers Blvd Extension – State Highway 83 to Voyager Pkwy | 10,200,000 | 10,200,000 | |
| Woodmen Rd Improvements – Powers Blvd to US 24 | 100,000 | 100,000 | |
| Intersection Improvements – Phase 1 | 5,000,000 | 5,000,000 | |
| On-Street Bikeway Improvements – Phase 1 | 500,000 | 500,000 | |
| Roadway Safety and Traffic Operations – Phase 1 | 1,500,000 | 1,500,000 | |
| Congestion and Incident Management – Phase 1 | 500,000 | 500,000 | |
| Traffic Signals Systems Upgrades (City Wide) – Phase 1 | 500,000 | 500,000 | |
| Sidewalk Infill Improvements – Phase 1 | 1,500,000 | 1,500,000 | |
| Transit Fleet Supplement – Phase 1 | 500,000 | 500,000 | |
| Transit Service Enhancements – Phase 1 | 200,000 | 200,000 | |
| Transit Stop and Station Improvements – Phase 1 | 300,000 | 300,000 | |
| 64,282,300 | 54,746,848 | (8,535,452) | |
| El Paso County | |||
| Beacon Lite Road-Highway 105 to County Line Rd. | 4,400,000 | (4,400,000) | |
| Deer Creek, Base Camp, Microscope Way (fka Emigrant Trail) | 267,000 | (267,000) | |
| Eastonville Road: McLaughlin Rd. to Latigo Blvd. | 1,613,579 | (1,613,579) | |
| S. Academy Blvd-I-25 to Bradley Rd Ramps | 19,500,000 | (19,500,000) | |
| West Colorado Ave-Joint project | 30,200 | (30,200) | |
| Baptist Rd/Hodgen Rd/Roller Coaster Rd Intersection Improvements | 1,500,000 | 1,500,000 | |
| Eastonville Rd from McLaughlin Rd to Bandanero Dr Improvements | 2,000,000 | 2,000,000 | |
| Highway 105 from Furrow Rd to Arrowwood Dr Improvements | 1,300,000 | 1,300,000 | |
| Major Road and Bridge Reconstruction – Phase 1 | 2,000,000 | 2,000,000 | |
| North Calhan Hwy from US 24 to Paint Mine Rd Improvements | 710,000 | 710,000 | |
| Peyton Area Roads – Railroad, Front and Main Streets Improvements | 1,000,000 | 1,000,000 | |
| Preconstruction Funding – Phase 1 | 2,000,000 | 2,000,000 | |
| Safety and Multimodal Program – Phase 1 | 2,812,539 | 2,812,539 | |
| Powers Blvd Extension – Mesa Ridge Pkwy to I-25 (Design and Right-of-Way Acquisition Only) | 1,000,000 | 1,000,000 | |
| Powers Blvd Extension – State Highway 83 to Voyager Pkwy | 1,000,000 | 1,000,000 | |
| Stapleton Dr/Briargate Pkwy Improvements – Black Forest Rd to Vollmer Rd | 3,800,000 | 3,800,000 | |
| State and Federal Discretionary Grant Match Fund – Phase 1 | 2,000,000 | 2,000,000 | |
| Woodmen Rd Improvements – Powers Blvd to US 24 | 2,000,000 | 2,000,000 | |
| 25,810,779 | 23,122,539 | (2,688,240) | |
| Town of Ramah | |||
| Ramah Street overlay project | 18,143 | (18,143) | |
| Improvements to Brush Dump Rd | 12,688 | 12,688 | |
| 18,143 | 12,688 | (5,455) | |
| Town of Calhan | |||
| Rehabilitation of 8th St from Boulder St to Colorado Ave | 87,099 | 87,099 | |
| 0 | 87,099 | 87,099 | |
| Total Capital Expenditures | 90,623,590 | 78,598,300 | (11,025,290) |
| Total Projects and Transportation expenses | 167,708,993 | 153,725,007 | (13,983,986) |
| Total | 168,548,393 | 154,576,007 | (13,972,386) |
| Revenue Over/(Under) Expenditures | 43,740 | 9,235,150 | 9,191,410 |
| Reserve | |||
| Addition to reserve | (43,740) | (9,235,150) | (9,191,410) |
| Total Reserve | (43,740) | (9,235,150) | (9,191,410) |
| Revenue Over/(Under) Expenditures & Reserve | $0 | $0 | ($0) |