Nov 13, 2018
DENVER – City Council tonight approved Mayor Michael B. Hancock’s proposed 2019 Budget to expand affordability, equity and access to opportunity for Denver residents. The Mayor’s 2019 budget sets a record for affordable-housing funding, will help preserve neighborhood character and allows the city to keep pace with the ongoing demands of a growing population.
“The priorities of Denver’s residents and neighborhoods are clear, and this budget reflects those priorities – expanding equity and access, improving affordability, and preserving neighborhood character, culture and community,” Mayor Hancock said. “I want to thank City Council for their vote tonight to advance this budget. We all recognize the needs of Denver’s residents, and this budget continues the course we’ve been on to better support our neighborhoods and communities.”
The 2019 budget will advance Mayor Hancock’s Equity Platform, unveiled during his State of the City Address in July, to connect more people in more neighborhoods to the unprecedented economic opportunities Denver is enjoying today. The 2019 budget will also fund many other high-priority needs, such as offering more mobility options and addressing traffic congestion, strengthening services for the homeless and vulnerable residents, and maintaining Denver as one of the safest big cities in America.
Denver residents can explore the $1.46 billion 2019 budget by visiting denvergov.org/budget.
“The Mayor’s 2019 budget strives to meet the demands of a growing city – in affordable housing, transportation and mobility, safety and other essential services, and it does so in a way that also strives to keep Denver an affordable, equitable place to live, work and play,” said Brendan Hanlon, Denver’s Chief Financial Officer.