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E‑470 director tells Broomfield council tollway is self‑funded and expanding; several interchanges planned
Summary
E‑470 Executive Director Joe Donahue told Broomfield City Council the tollway is a locally governed, self‑funded 47‑mile highway carrying about 155,000 vehicles and projects an expansion program that includes lane widenings and new interchanges funded from toll revenue and surplus balances.
Joe Donahue, executive director of the E‑470 Public Highway Authority, told the Broomfield City Council that E‑470 is a locally governed, self‑funded tollway and outlined the authority's history, financial model and near‑term projects.
"The biggest thing about E‑470 is it's completely self sufficient," Donahue said in a presentation to the council, explaining that the road is paid for by tolls rather than federal, state or local taxes. He said the corridor carries roughly 155,000 vehicles and records about 300,000 toll transactions, with…
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