The 2025 budget is the city’s most conservative when it comes to spending growth in any year not impacted by the COVID-19 pandemic since 2011.
Denver Mayor Mike Johnston speaks during a press conference announcing the 2025 budget proposal at the City and County Building in Denver on Thursday, Sept. 12, 2024. That makes the 2025 budget the city’s most conservative when it comes to spending growth in any year not impacted by the COVID-19 pandemic since 2011, according to Mayor Mike Johnston’s administration.
The news release highlighted the administration’s commitment to spending $60 million on creating or preserving nearly 1,400 units of affordable housing and $58 million in economic development spending including support for local entrepreneurs and minority-owned businesses. Johnston gave $2 million to the project in the 2024 budget after the council requested he do so but heto secure more funding this year. Earlier this fall, Johnston said that in a tight budget year, the city needs to focus its resources on housing strategies that have a high “return on investment” and that early research about the Denver Basic Income Project’s impact on housing was not conclusive enough for him to support it.
In Tuesday’s news release, administration officials touted that the 2025 budget also includes $2 million to support legal help for people facing evictions.Denver City Council rejects eight amendments to city’s tight 2025 budget “I really think that we worked diligently to incorporate community priorities into this year’s budget and I think we saw the result,” she said. “We appreciate the mayor’s responsiveness to our recommendations, and we look forward to continuing working together to create a city where all Denverites can thrive.”Upon Further Review: The left side of the Broncos’ FG protection unit had been a blinking red light.
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