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Dec 04, 2017

Denver Downtown Development Authority to meet December 6

The Denver Downtown Development Authority will hold a meeting of its board of directors at 2:00 p.m.. Wednesday, December 6, 2017. The meeting will be held at the Webb Municipal Building, 201 W. Colfax Ave., room 10.E.1.

Oct 30, 2017

Independent Evaluator Reports “Early Success is Promising” for Denver’s Social Impact Bond Program

Partners of Denver’s first ever Social Impact Bond (SIB) to provide chronically homeless individuals with permanent housing and supportive services today released the results of the first independent evaluation and first subsequent payment to investors. According to the report from the Urban Institute, the program has been successful in its first year, and will result in a first payment of $188,000.

Aug 15, 2017

Bond Package to Repair and Improve Denver Infrastructure Referred to November Ballot

Denver City Council tonight, unanimously approved the referral of seven 2017 General Obligation bond (GO bond) measures to the November ballot.

Jul 31, 2017

Denver Launches Taxpayer Receipt to Show Residents Where and How their City Taxes are Spent

The Denver Department of Finance today launched a new Taxpayer Receipt tool on its website to inform residents how their local sales and property taxes are allocated across services provided by the city.

Jul 12, 2017

Mayor and Council President Release Project List for 2017 Bond

Mayor Michael B. Hancock, City Council President Albus Brooks and President Pro Tem Jolon Clark today released a revised general obligation bond project list. Council members begin their deliberations this month and are expected to refer the full package of essential infrastructure improvements to the November ballot in August.
Since receiving final project recommendations from the Executive Stakeholder Committee last month, the Mayor has worked closely with Council leadership to adjust the list to ensure it balances needs in all areas of the city.

Jun 27, 2017

Denver Gives Non-Profits a Tax Break

Denver City Council last night unanimously approved the city’s plan to save the non-profit community between $11-14 million per year through a simple fix to the tax code. The change will closely align the definition of charitable corporation with how the federal and Colorado state governments treat 501(c)3 organizations so that local nonprofits are no longer subject to Denver’s sales, use, lodger’s and employer occupational privilege tax.

Jun 23, 2017

Denver releases annual financial reports for residents to learn about city’s finances

The Denver Department of Finance has released its 2016 Comprehensive Annual Financial Report (CAFR) and 2016 Popular Annual Financial Reports (PAFR) for community members to learn about the city’s finances.

Jun 12, 2017

Bond Committees Present Mayor with Recommendations

After more than three months and 90 hours of meetings, the 2017 general obligation bond (“GO bond”) stakeholder committees, led by Executive Committee Chair Roxane White, today presented Mayor Michael B. Hancock with their final project recommendations.

May 17, 2017

Denver City Council extends mortgage credit program to assist new home-buyers

Denver City Council last night approved the 2017 Mortgage Credit Certificate Program. It is a continuation of the successful 2016 program which through mid-April has provided tax credits to 128 eligible program participants. Denver's 2017 Mortgage Credit Certificate (MCC) program allows qualifying borrowers to receive an annual federal income tax credit equal to 25% of the annual interest they pay on their mortgage loan ($2,000/year maximum).

Apr 26, 2017

Notices of Value

Real property notices of value for 2017 were mailed to property owners on or before May 1 and included the assigned value and classification of the property as of June 30, 2016 per statutory guidelines. The value and classification will be used to calculate the property taxes payable in 2018.

This map demonstrates residential property value changes for each property and summarized by neighborhood.