Denver Closes on $366 million Bond Issuance to Fund Published on May 09, 2022 Denver Closes on $366 million Bond Issuance to Fund - Funds Nearly 80 Voter-Approved Projects - Denver’s strong credit ratings lead to favorable rate, solid interest in municipal bond sale. Tagged as: , Elevate Denver, Finance, RISE Denver
Denver Revenues, Economic Indicators Show Signs of Strong Recovery Published on April 18, 2022 Revenues are up, unemployment is down and consumer spending has surpassed pre-pandemic levels, signaling a strong economic recovery is underway in Denver. Today, the Department of Finance provided an economic update with preliminary year-end numbers for 2021 and an overview of early 2023 budget projections as the 2023 budget process kicks off. Tagged as: , Budget, Business & Economy, City Council, Economic Development & Opportunity, Finance, Mayor, News, Press release, RISE Denver
Mayor Kicks Off RISE Bond Program by Visiting VOA Family Motel Published on April 13, 2022 Now fully funded for reconstruction, VOA Family Motel project is part of largest bond investment in housing in 45 years Tagged as: , Budget, Finance, Human Services, Housing Stability, Mayor, Press release, RISE Denver
City Accelerates Economic Recovery with $366 million Bond Issuance Published on April 11, 2022 Denver will deliver a substantial jolt to its economic recovery by issuing more than $366 million in voter-approved Elevate Denver and RISE Denver bond funds into a wide variety of projects in neighborhoods across the city. Tagged as: , Elevate Denver, Finance, Housing Stability, Mayor, Press release, RISE Denver
All Three Major Ratings Agencies Reaffirm Denver’s AAA Bond Rating Published on April 11, 2022 The U.S.’s three primary bond ratings agencies are reaffirming the City and County of Denver’s AAA/Aaa/AAA General Obligation (GO) bond rating with a stable outlook, the highest achievable bond rating for government and company bond issuers. Tagged as: , Elevate Denver, Finance, Mayor, Press release, RISE Denver
Dashboard Shows Mayor’s Commitment to Equitable, Sustainable Recovery Published on April 04, 2022 Mayor Michael B. Hancock is building on his sustained commitment to financial transparency by debuting a new financial dashboard to show precisely how American Rescue Plan Act (ARPA) funds are being deployed to support the Mayor’s priority of Rebuilding for an Inclusive and Sustainable Economy (RISE). Tagged as: , Finance