Local measure · Denver County
City and County of Denver 2ITwo-year budget process
In plain words
- Would allow the city to adopt two-year budgets, while a two-year cycle would not be required.
- Would require public input during budget development and set fiscal safeguards.
- A 2% gap between projected revenue and spending would trigger a public budget reduction plan; a 5% gap would require cuts to balance the budget.
- The Gazette reports the system change is estimated to cost $50,000; the city budget is about $1.6 billion, with sales tax about 58% of revenue.
Cost: Estimated $50,000 to reconfigure the budget system, per Denver Gazette summary of the voter booklet.
Our summary of the official materials and local reporting.
What your vote means
YES
Allows the city to adopt a two-year budget and adds the public-input and revenue-gap safeguards.
NO
Denver keeps its current annual budget process.
Our plain-words summary.
Why people want it, and why others object
Why supporters want it
- Supporters say a two-year cycle improves long-term planning, frees staff time, and gives Council and the public more time to review the mayor's budget (Denver Gazette summary of voter booklet). source: denvergazette.com
Why opponents object
- Opponents argue the Department of Finance has a poor forecasting record, that sales tax is too volatile for 24-month projections, and point to last year's roughly $200 million deficit as the risk (Denver Gazette summary of voter booklet). source: denvergazette.com
Who backs each side
- No committee or campaign finance information found. source: denvergazette.com
In each side's own words where we could find them, quoted or summarized with a link to the source. We don't endorse either side.
Official ballot wording
Official ballot wording, word for word (tap to open)
Word for word from the Denver County sample ballot.
Referred Question 2I
Shall the Charter of the City and County of Denver be amended to adjust the City and County’s budget and appropriation process, and in connection therewith, allowing the City Council to adopt a two-year budget planning and adoption process and modernizing or repealing certain charter sections?
- YES/FOR
- NO/AGAINST
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What people are saying
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