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Denver Implementing Furloughs, Hiring Freeze Amid Budget Deficit, Mayor Says
- Denver announced a $250 million budget deficit over two years, implementing furloughs and a hiring freeze starting June 1, 2025.
- The deficit stems from an economic downturn, flat revenue growth, rising government costs, and declining sales tax revenue that funds over half the city budget.
- The furlough system tiers unpaid days off by salary, with lower-paid employees furloughed two days and executives up to seven, alongside a hiring freeze excluding emergency personnel.
- The furloughs are expected to save $10 million this year, while capital projects like the $70 million women's soccer stadium will continue, as these use dedicated funds separated from personnel costs.
- City leaders anticipate more cuts, possible layoffs, and program consolidations to live within means amid structural financial challenges statewide and nationally.
57 Articles
57 Articles
Denver Budget Deficit Triggers Furloughs, Blames Trump - American Faith
Denver Mayor Mike Johnston announced Thursday that the city is imposing a hiring freeze and staff furloughs in response to a staggering $250 million budget deficit. Johnston attributed the crisis partly to what he called “economic uncertainty” caused by President Donald Trump, despite Trump returning to office only four months ago. “We are in the third-lowest consumer sentiment moment in 75 years,” Johnston claimed, adding that revenue has flatt…
Colorado Springs Gazette
Facing $200 million budget shortfall, Denver announces furloughs, hiring freeze, cuts
Denver Mayor Mike Johnston is expected to announce significant cuts in the city's budget at an 11 a.m. press conference today, according to sources.
9NEWS Denver
The Business JournalsDenver implementing furloughs, hiring freeze amid budget deficit, mayor says
Mayor Mike Johnston said the city is facing a revenue gap of about $50 million this year, and about a $200 million projected deficit in 2026.
Denver mayor announces furloughs, $250M budget shortfall over next 2 years
DENVER (KDVR) — Denver Mayor Mike Johnston announced major budget shortfalls for the city over the next two years, and said city employees will experience furloughs amid the cuts. Speaking at a press conference on Thursday morning, Johnston said the city is facing "structural financial challenges," like economic downturn, revenue flattening and increased government spending seen across the country. Johnston said in 2025, the city will have a $50…
Layoffs, furloughs coming for Denver employees amid budget crisis, mayor says
Denver will have to lay off employees, institute a hiring freeze and require unpaid furloughs amid a projected $250 million budget hole over the next two years, Mayor Mike Johnston said.
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