Tag: Revenue
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City of Boulder freezes hiring for vacant positions amidst potential budget shortfall
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save The Boulder city government has put an immediate freeze on hiring for vacant, nonessential jobs for the remainder of the year amid concerns about an $8-10 million budget shortfall. The decision, one of several the city has proposed to make up the spending gap, comes…
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Denver recreational marijuana data sheds light on revenues versus cost of industry. What could be ahead for Colorado Springs?
As Colorado Springs voters weigh whether to legalize recreational marijuana sales, proponents are stressing the potential to collect millions in new city tax revenue and opponents have highlighted high costs it could drive for the city. Voters will consider two recreational marijuana questions in November. One that would only allow the existing 115 medical shops…
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Dozens of Denver companies make Inc. 5000 list
Nearly 150 Colorado-based businesses earned a spot on the 2022 Inc. 5000 list of fastest growing private companies in the U.S., including Matter Made, a Denver-based advertising and marketing firm that ranked 81st. Harvest Hosts, a Vail-based RV membership club, was No. 70, and Integrative Psychiatry Institute, a Longmont company that provides medical education and programs in…
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Report: Denver lodging bounces back, but lags behind national recovery
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Facebook Twitter WhatsApp SMS Email Print Copy article link Save Metro Denver’s hotels saw a strong first quarter, marching – slowly but surely – to pre-pandemic occupancy levels, according to an industry report from real estate giant CBRE. But the recovery remains behind the national average – largely because of the influx of all the newly-constructed, higher-priced…
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City officials predict Denver revenue will nearly return to pre-pandemic levels in 2022
In the first discussions of the 2022 city operating budget, officials said they expect Denver’s revenue to recover significantly in the upcoming year, nearly reaching 2019 rates. According to the preliminary revenue forecast, Denver is expected to reach $1.372 billion by the end of 2021 and $1.405 billion in 2022. This is a big improvement…