Funding

Design

The design phase of the project is funded through the Pikes Peak Area Council of Governments (PPACG) and local Town of Monument Capital Improvement Program funds. The Town of Monument has received federal funding through the Colorado Department of Transportation's Surface Transportation Program (STP) in the amount of $800,053, with a $166,31l local match in 2021.

Construction

Construction cost has been estimated at approximately $8 million. $1,570,174 in STP and local match funds have been identified for the first phase of construction in 2022.