Tag: Budget Deficit
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Residents weigh in on Denver’s proposed 2026 spending plan
More than 60 individuals signed up to weigh in on Denver Mayor Mike Johnston’s proposed 2026 spending plan at a required public hearing at Monday’s City Council meeting. While public comments spanned the gamut of city issues, many called for the mayor to restore funding to the Denver Clerk and Recorder’s Office and to provide…
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Denver seeks $2M in rent owed by Denver Post
Two years ago, Denver built its hopes – and most likely its budget – on the purchase of the former Denver Post building in downtown with plans to add office space for courts. In January 2024, Denver bought the sleek, modern building, complete with its own marquee, for $88.5 million, assuming the building’s lease with…
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Denver City Council moves forward with collective bargaining ordinance
Members of the city’s Governance and Intergovernmental Relations Committee voted unanimously Tuesday to advance a required ordinance implementing and clarifying collective bargaining rights for certain city employees. Last year, more than 64% of voters approved a ballot measure that establishes collective bargaining for non-supervisory city employees to negotiate compensation, working conditions, and other employment terms.…
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Denver budget hearings get underway
Staring down a $200 million deficit, Denver kicked off its week-long series of budget hearings on Monday with more than 19 agencies slated to make presentations and nearly every department facing a cut. But at a time when the city would most likely need to bring in new businesses and create more jobs, one of…
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Denver no stranger to budget deficits
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Like most major U.S. cities, Denver has experienced financial ups and downs over the past decade. Mayor Mike Johnston announced last week that the city is facing a $200 million budget deficit in 2026 and will need to enact furloughs that started Sunday, hiring freezes,…
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DU closes $12 million budget gap but financial concerns persist
The University of Denver has closed a $12 million budget shortfall. Declining enrollment at the state’s largest private university created the deficit this fall, which led to layoffs and budget cuts. A Dec. 5 email sent to DU faculty, staff and students said the gap, about 2% of the university’s total annual budget, has been closed.…