Comment on Denver Mayor Mike Johnston unveils tight 2025 budget as city faces declining consumer spending

Denver Mayor Mike Johnston unveils tight 2025 budget as city faces declining consumer spending

The Denver city budget will grow only slightly in 2025, Denver Mayor Mike Johnston said Thursday as he unveiled a plan with the slowest projected growth rate in more than a decade, outside the pandemic. But next year’s relatively conservative spending plan continues to prioritize Johnston’s homeless strategy, affordable housing and other signature initiatives — with limits on hiring across most departments. Denver’s general fund budget would grow to $1.76 billion under his proposal, an increase of just 0.6% over the $1.75 billion the city is now projected to spend by the end of this year.

 

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