The Transportation Commission approved a consent agenda and adopted two formal resolutions at its meeting, moving forward the agency’s fiscal plan and time‑of‑day toll rate policy.

The board voted unanimously to approve the consent agenda, which included Resolution 480 (the Oct. 16 minutes) and Resolution 481 (the CTIO 2026 board calendar). Chair Gutierrez then opened deliberations on the proposed FY 2026–27 budget, which staff said would go live July 1; staff described only small administrative edits requested by CDOT and asked the board to approve a draft to be updated when revenue forecasts are refined in February.

Staff said the budget reflected minor clarifications to unallocated balances and administrative reallocations. After a motion, the board adopted Resolution 482 approving the draft FY 2026–27 budget. Staff noted that congestion‑impact fee and toll‑collection forecasts could change and that the next substantive update to the board is expected in February.

On tolling, staff summarized proposed time‑of‑day toll rates for several corridors including I‑25 and asked the board to adopt a time‑of‑day rate structure to go live for the segments. The board discussed how license‑plate tolls are higher than pass‑holder rates and how communications should stress that drivers can save money by obtaining an express‑lane pass. As staff explained, "CDOT comms team . . . are always stressing getting a pass." After a motion and second the board adopted Resolution 483 to implement the time‑of‑day toll rates; the transcript reports the motion passed unanimously but does not record individual vote counts.

What this means: the board authorized the draft budget and the toll rate approach; staff will return with updated revenue forecasts, detailed dynamic‑pricing criteria and implementation steps in a future meeting. The record shows the board approved the measures but the transcript does not include numeric vote tallies or the names of motion movers and seconders.

Votes at a glance:
- Resolution 480 — Approval of Oct. 16 minutes: approved (consent agenda).
- Resolution 481 — Adoption of CTIO 2026 board calendar: approved (consent agenda).
- Resolution 482 — Draft FY 2026–27 budget allocation plan: approved; staff to update forecasts in February.
- Resolution 483 — Time‑of‑day toll rates for express corridors (I‑25, others listed in board memo): approved; dynamic pricing criteria to be presented later.

Next steps: staff will return with updated forecasts and implementation details for dynamic pricing and with follow‑up briefings on revenue collections and communications strategy.