by Associated Press Published: April 19,2012
Tags: budget, Colorado, Energy, taxes incentives
Colorado’s Senate is taking a final vote Thursday on the state’s $7.4 billion spending plan for next year. The budget has already passed the House, and disagreements between the chambers are minimal. That means Colorado seniors are all but certain to get property tax relief next year. And public schools could see their first year [...] [...]
by Associated Press Published: January 31,2012
Tags: budget, deficit, federal, government
A new budget report released Tuesday predicts the government will run a $1.1 trillion deficit in the fiscal year that ends in September, a slight dip from last year but still very high by any measure. The Congressional Budget Office report also says that annual deficits will remain in the $1 trillion range for the [...] [...]
by Amy Gillentine Published: December 14,2011
Tags: budget, City Council, Colorado Springs, Mayor Steve Bach, salary
The Colorado Springs City Council handed Mayor Steve Bach a rare defeat during yesterday’s formal council meeting when it voted down Bach’s request to deny stepped salary increases worth $749,000 for city employees. [...]
by Amanda Miller Published: November 29,2011
Tags: budget, construction, economy, supercommittee
The failure of the congressional “supercommittee” to agree on a deficit-reduction plan is affecting construction budgets, according to the Associated General Contractors of America. The committee of six Republicans and six Democrats was charged to create a plan to cut at least $1.2 trillion from the budget. When the group announced its failure Nov. 21, [...] [...]
by Amy Gillentine Published: November 11,2011
Tags: budget, Memorial Health System
While revenue remained low for most of the year, Memorial Health System’s administrators believe it is returning to full health. The hospital will end the year with a strong balance sheet, and about 174 days of cash-on-hand. But net profit and patient volume remains low — affecting the system’s bottom line. In its monthly update [...] [...]
Colorado Springs defense companies are on the offensive, battling cuts to the Department of Defense budget that could reach $600 billion. [...]
by Amy Gillentine Published: April 25,2011
Tags: budget, campaign, Creating Futures, finances, fund-raising effort, University of Colorado
The University of Colorado system is launching its most ambitious fundraising campaign in the university system’s history. The $1.5 billion comprehensive campaign will benefit all four campuses, including the University of Colorado at Colorado Springs. The university has raised more than $900 million since the silent phase of the campaign began in July2006. Major fundraising [...] [...]
by Jonathan Easley Published: March 4,2011
Tags: budget, property tax, Real Estate
As El Paso County faces a multimillion dollar shortfall from reduced property taxes next year, officials are realizing, once again, how far the business personal property tax could go in easing their financial woes. El Paso County is the only county in the state that does not levy a business personal property tax, a tax [...] [...]
by Associated Press Published: September 20,2010
Tags: budget, Capitol Affairs, Colorado, Gov. Bill Ritter
Gov. Bill Ritter may be forced to cut another $189 million from Colorado’s budget because of a sluggish economic recovery and lower-than-expected revenues. State budget officials compared the recovery to having a hangover – they say the economy is a little bit slower, a little less energetic than expected. In June, Ritter was forced to [...] [...]
Assume you have a job, which is quite a feat nowadays with some 20 percent of Americans unemployed, and assume your monthly take-home check is $3,000, which is not bad in this economy. What can you afford? How should you budget your life so as not to lose your house? There are those clever ones [...] [...]
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