SB 25-051

Senate Bill 25-051 changes how the Regional Transportation District in Colorado reports its costs. Instead of only including certain expenses like day-to-day operations but excluding things like long-term planning and costs related to disability services, it now includes all operating expenses except for depreciation (which is when assets lose value over time). This means that the district will have a more comprehensive view of its spending when reporting efficiency metrics. The bill has been signed into law, so these changes are now in effect.

Official Summary

The act changes the definition of "operating costs" for purposes of reporting cost efficiency metrics by the regional transportation district from including depreciation and excluding costs incurred in long-term planning and development of mass transportation and rapid transit infrastructures and the costs incurred as a result of providing transportation services mandated by the federal "Americans with Disabilities Act of 1990" to instead include all operating expenditures, excluding depreciation. (Note: This summary applies to this bill as enacted.)

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