Home » Entries posted by John Hazlehurst (Page 61)
Entries posted by john.hazlehurst

“I wonder about you sometimes, Henry. You may fold under questioning.” — Joe Pesci to Ray Liotta in “Goodfellas,” 1990. Enduring myth: by consolidating city/county governments, we’ll get cheaper, more efficient service delivery.  As taxpayers, we’ll save — as residents, we’ll gain!  Everyone wins, except the greedy, dog-in-the-manger politicians and bureaucrats who have stalled such… Continue Reading Merging city and county might not be the brightest idea

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State retirement association seeking help from legislature to ensure solvency The CEO of the Colorado Public Employees Retirement Association now admits that his organization cannot continue to meet its obligations without “sweeping legislative changes.” Testifying on Monday before the Legislative Audit Committee, Meredith Williams painted a bleak picture for the lawmakers. “We can’t invest our way… Continue Reading PERA worse off than predicted

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Freedom CEO: Bankruptcy possible

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In an interview with the Orange County Register published earlier this week, Burl Osborne, the interim CEO of Freedom Communications, said that the company is in discussions with its bankers about “restructuring.”

Freedom, which owns dozens of media properties, including the Register and the Colorado Springs Gazette, is more than $700 million in debt.

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USOC, or US no see?

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Will there be, as rumored, a presentation about the newly minted U.S. Olympic Committee deal at today’s informal City Council meeting? The answer is yes, no or maybe.  Here’s what the agenda says. “In accord with the City Charter Art. III, §3-60(d) and its incorporated Colorado Open Meetings Act, §24-6-402(4)(a,b,e), C.R.S., the City Council, in Open Session, is… Continue Reading USOC, or US no see?

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Apparently undeterred by the failure of Issue 1A during April, during its informal meeting this afternoon, City Council will consider whether to ask the voters to extend the 0.665 mill levy once again come November. The mill levy originally supported the 1989 bonds which funded Powers Boulevard and the Police Operations Center.  Unless renewed by the… Continue Reading Mill levy extension redo in November?

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Cripple Creek’s casinos are betting on a much-needed economic boost from new games, higher betting limits and extended operating hours. Measured by adjusted gross proceeds, Cripple Creek casino revenue reached the high water mark of $154.9 million during 2007, following years of steady growth. But during 2008, yearly revenue plummeted nearly 10 percent to $140.1… Continue Reading Casinos betting changes will boost bottom lines

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In a lengthy article in the New Yorker earlier this month, Dr. Atul Gawande pondered a single, simple health care question. Why, he wondered, is McAllen, Texas, one of the most expensive health-care markets in the country? “Only Miami — which has much higher labor and living costs — spends more per person on health… Continue Reading Firefighter model worth considering in health care debate

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Perry Sanders says that his plan to convert three downtown office buildings into a boutique hotel that would include upscale bars, restaurants, a health club and penthouse suites is ready to move forward. Continue Reading New downtown hotel plans moving forward

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Vice mayor’s plan would shift majority of city revenue from sales taxes to property taxes Vice Mayor Larry Small wants to restructure the way the city levies and collects taxes, shifting the burden from an all-too-often see-sawing sales tax to a more stable property tax. The essence of the proposal is simple: Small calls for… Continue Reading Small floats 600% mill levy increase

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Historically, local recessions have been times of ferment and change in Colorado Springs. During the 1970s, business and political leaders focused on economic development and created the Economic Development Council. One of the first such organizations in the United States, the EDC was amazingly successful in recruiting companies and creating primary jobs. The EDC’s success… Continue Reading Time for some serious Springs re-branding efforts

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