The city's investment strategy focuses on first maintaining and operating the existing transportation system and then using the remaining available funds for capital improvements and investments in the city's multimodal corridors (six east-west and four north-south corridors). This strategy both protects the large public investment in the existing facilities and ensures that the system is operated in as safe a manner as possible. While there are three levels of investment, as discussed below, in all cases the largest segment of the planned spending remains in the operations, maintenance and safety area.
Visit the Transportation Funding webpage for an overview of the past and current funding of the Boulder's transportation system.
The city's transportation investment strategy is based on implementing a balanced multimodal based transportation system. Funding is focused on:
- Adequately preserve the existing infrastructure;
- Strive to increase safety;
- Maximize the efficiency of our existing systems (pedestrian, bicycle, transit, and roadway); and
- Enhance mobility through investments in the completion of the alternative transportation system (pedestrian, bicycle, and transit).
- how to spend the revenue we expect to have from current funding sources, to
- how we would invest in the next steps of developing a multimodal transportation system with additional revenue to 2025, to
- the vision of a fully developed multimodal transportation system with completed systems for all the modes.
While the 1996 TMP outlined the vision for Boulder, that plan was not based on available transportation funds and resulted in the need to prioritize transportation spending in 2000.
In the 2003 TMP, transportation investment is prioritized (using the investment policies) through the three investment programs. In each of these investment programs, funding of transportation operation/maintenance and safety is the highest priority. The Action Plan and Vision include an enhanced service standard/practice for maintenance. The level of capital improvement investment is dependent on the funds remaining after these priorities are funded.
The four policy focus areas that are emphasized throughout the 2003 TMP update are also used to organize the strategies reflected in the three investment programs (Current Funding, Action Plan, and Vision). The material below is summarized in a highly graphical format (pdfs) and compares the strategies for the three investment programs by the four policy focus areas and summarizes how the transportation system will perform based on the different investment programs:
Key strategies and financial aspects of the investment programs, including the Funding policy focus area; and
Investment and Funding
Highlights of the investment activities proposed in each policy focus area; and
Summary comparisons of the system performance of the different investment programs.
More details can be found on the specific webpages for each of the four policy focus areas ( Funding, Multimodal Corridors, Regional Travel, and TDM) and the "How are we doing? - Performance" webpage.