Rocky Mountain Voice

Tag: Municipal Finance

Denver Seeks $11 Million Boost To Cover Police Overtime And Staffing Strains
The Denver Gazette, Approved, Local

Denver Seeks $11 Million Boost To Cover Police Overtime And Staffing Strains

By Deborah Grigsby | The Denver Gazette The Denver Police Department is short $11 million and is asking the city to pick up the tab for unplanned and unfunded overtime tied to numerous protests and officer-involved shootings this year. Part of the request would also cover shortfalls in DPD separation payouts. The money, if approved by the City Council, would come from a supplemental general fund appropriation from the city’s contingency fund. Members of the council’s Governance and Intergovernmental Relations Committee voted unanimously on Tuesday to advance the request, and others to claw back $13.9 million from the current general fund contingency, authorizing it as a supplemental appropriation for various general fund agencies and special revenue funds. “This is something...
Denver’s Spending Grew 60% in a Decade, But Revenues and Population Lagged Far Behind
Rocky Mountain Voice, Local, Top Stories

Denver’s Spending Grew 60% in a Decade, But Revenues and Population Lagged Far Behind

By Shaina Cole | Contributing Writer, Rocky Mountain Voice Denver’s budget has grown sharply over the past ten years, far faster than its population and its ability to bring in tax dollars. A new analysis from the Common Sense Institute shows inflation-adjusted spending per resident rose about 60 percent since 2015. During that period, revenues grew more slowly, at about 40 percent, while the city’s population increased by less than 7 percent. The mismatch is why Denver now faces a projected $250 million gap over the next two years, even as officials push a $950 million bond proposal for housing, roads, and other projects. Spending Priorities Have Shifted Where the money goes has changed dramatically. Construction and infrastructure costs have ballooned, climbing more than elev...

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