May 14, 2013 3:37 AM
The Air Force looks to trim the fat, calling on airmen for cost-cutting ideas. The campaign is called "Every Dollar Counts."
It's a month-long open call for thoughts from uniformed and civilian Air Force members on how the service can save money. No idea is too small, not when... more »
April 17, 2013 8:31 PM
COLORADO SPRINGS - Mayor Steve Bach is asking the Colorado Springs City Council to take $11,875,000 million dollars out of savings. A majority of the money, $10 million worth, is directly tied to flood and fire mitigation efforts.
The rest would be spent on a study to see whether... more »
April 6, 2013 12:24 PM
WASHINGTON (AP) - Confronting bipartisan criticism, President Barack Obama is conceding that his proposed budget is not his "ideal plan." But he says it offers "tough reforms" to the nation's benefit programs while closing loopholes for the wealthy. Obama argues his approach will provide long-term deficit reduction without harming the... more »
April 5, 2013 1:09 AM
DENVER (AP) - The Colorado House has approved a $20.5 billion budget that includes more money for schools, colleges and parole officers. The House voted to add nearly $500,000 for more parole officers in the wake of a parolee recently slipping through the cracks in the criminal justice system to... more »
March 27, 2013 8:38 PM
DENVER (AP) - The Democrat-led Colorado Senate gave initial approval to next year's budget, but not without Republican dissent. The improving economy is giving Colorado lawmakers the power to restore budget cuts from recent years, and Democrats on Wednesday highlighted the additional funding that's going to public schools and colleges... more »
March 26, 2013 3:51 PM
DENVER (AP) - Colorado public schools and colleges are set to get more money in next year's budget, and state employees will get their first pay raise in years, as lawmakers prepare to vote on the state's spending plan. The Senate kicks off debate on the budget Wednesday with more... more »
March 5, 2013 10:02 AM
When budget cuts make it impossible to get new technology in the classroom, a group of teachers at the Lincoln School of Science and Technology in Canon City decided to take matters into their own hands. They've teamed up with their principal and started writing grants for the small school.... more »
February 11, 2013 2:00 PM
WASHINGTON (AP) - An administration official says President Barack Obama plans to submit his 2014 budget plan to Congress in mid-March. The budget was supposed to have been released last week but the White House says it's been delayed by passage of legislation last month to avert the so-called fiscal... more »
January 19, 2013 2:12 PM
A series of financial mistakes has put a huge dent in Teller County's budget.
"We have overspent a considerable amount of money on the clerk's office," Commissioner Dave Paul said.
He and others employed with the county are pointing the finger at JJ Jamison, the county's clerk and... more »
November 28, 2012 7:15 PM
As the Pueblo County Animal Shelter gets ready for the holidays, they're still waiting to find out its 2013 budget.
The shelter is part of the Humane Society of the Pike's Peak Region.
They have a contract with the City of Pueblo. In the city's proposed 2013 budget, funds... more »
April 25, 2012 7:34 PM
As many as 54 jobs are on the block as the District 11 Board of Education takes a preliminary vote tonight to cut some $8.6 million from the 2012-2013 school year budget. Of the job cuts identified, 25 would come from schools, around 17 from central administration and another 12... more »
April 10, 2012 6:08 PM
Two elementary schools and two high schools in Canon City will be consolidated in an attempt to offset a $950,000 budget shortfall. Madison Exploratory School is one that will close and consolidate into another school. Many we spoke to say there's a waiting list to get into Madison, and some... more »
March 29, 2012 9:56 PM
TORONTO (AP) - Canada has announced it is scrapping the penny. The humble one-cent piece is set to disappear from Canadian pockets, a victim of inflation. Canadian Finance Minister Jim Flaherty announced in the federal budget on Thursday that the Royal Canadian Mint will strike the last of the little... more »
March 7, 2012 6:21 AM
DENVER (AP) - Colorado lawmakers would have to forgo their pay and benefits if they don't agree on a budget on time under a proposal that gets its first hearing in the state Senate. Democratic Senate President Brandon Shaffer, the bill sponsor, says the idea is a popular one with... more »
January 25, 2012 1:16 PM
Washington (AP) U.S. officials say the Army plans to slash the number of combat brigades from 45 to as low as 32, broadly restructuring its fighting force to save money.
This move would cut the service by about 80,000 soldiers.
Officials say the sweeping changes will likely increase... more »
January 19, 2012 12:36 AM
New numbers that list city employee salaries are out for the public's eyes to see. This year city employees are slated to make about $131,000,000. It may sound high but in fact, it's a pretty big decrease. "The decrease was about $14,000,000 from 2009 compared to 2012. Or about 10%... more »
December 20, 2011 5:13 AM
DENVER (AP) - Colorado economists are presenting the state's latest revenue forecast as lawmakers prepare to start the 2012 session next month.
Gov. John Hickenlooper's economic team and nonpartisan legislative economists will present their forecasts to the Joint Budget Committee this morning. The report to lawmakers plays a role... more »
December 15, 2011 7:29 PM
An emergency meeting of City Council was held in Colorado Springs Thursday afternoon to vote on seven of Mayor Steve Bach's vetoes to the 2012 budget. In all, Council voted down 5 of the 7 vetoes. The biggest was a $175,000 price tag to repair and maintain city tennis courts.... more »
December 15, 2011 12:30 AM
After another round of budget approvals by City Council, Mayor Steve Bach is vetoing some programs. His cuts total over $312,000.
The biggest item on the veto line is a proposal to add $175,000 to the budget for maintenance and repairs to the city's tennis courts. The Mayor said... more »
November 13, 2011 12:20 PM
WASHINGTON (AP) - The Republican co-chair of a committee in charge of slashing the nation's deficit on Sunday called deliberations a "roller coaster ride" and gave no indication that a deal could be struck before the panel's Thanksgiving deadline.
Texas Rep. Jeb Hensarling told CNN's "State of the Union"... more »
November 9, 2011 11:58 PM
Tonight Centennial High School in Pueblo had a packed house as the D-60 school board heard from parents and teachers on possible school closures.
This was the first of two meetings with parents to discuss possible school closings in District 60. Before the meeting even started there were around... more »
October 27, 2011 7:47 AM
You're invited to provide your opinion about Colorado Springs city budget and the Memorial Health System budgets.
Tonight, there's a public e-town hall meeting from 7 to 9 p.m.
You can attend in person at City Council Chambers, or you can watch the meeting live on cable channel... more »
October 18, 2011 11:18 PM
Colorado Springs City Council has begun the process of reviewing the mayor's nearly $380,000,000 dollar "all funds" budget. Mayor Bach has directed all agencies to find more efficient ways to operate, including eliminating 38 vacant city positions from the 2012 budget, and more cost sharing for the city employee medical... more »
September 27, 2011 11:20 PM
Thousands of postal workers all over the country rally to save their jobs. In Colorado Springs their slogan was "No Bailout, Just get the mail out". All of this comes as jobs are threatened and offices are closing with increased competition and more people using on line services.
Last... more »
September 27, 2011 6:48 PM
Postal workers and supporters are rallying to "Save America's Postal Service" in light of massive budget problems. It's happening right now all across the country including Colorado Springs at City Hall.
With hundreds of post offices considered for closure, along with the springs processing facility, these people are rallying... more »
August 9, 2011 4:52 PM
It's been a rough economic week nationwide and now there are new signs our local economy is worsening. Sales tax revenues are declining in Pueblo and there are projections the city will have to cut $7 million from next year's budget.
Pueblo's sales tax revenues hit their lowest mark... more »
July 24, 2011 10:45 AM
ASPEN, Colo. (AP) - Pitkin County's finance department is projecting a bigger budget surplus for the county than expected this year.
The Aspen Daily News reports the county forecast a surplus of about $746,000 for 2011. But with sales tax revenues and treasurer's fees through May coming in higher... more »
July 11, 2011 11:20 AM
ST. PAUL, Minn. (AP) - There are no new talks scheduled as Minnesota's government shutdown enters its second week. Political gridlock stemming from disagreements between Democratic Gov. Mark Dayton and Republican legislative leaders on how to deal with a $5 billion state budget deficit has idled 22,000 state employees, closed... more »
July 3, 2011 5:04 PM
DENVER (AP) - Colorado's new state budget that took effect last week cuts millions from cancer-screening and prevention programs that doctors say save lives.
The cuts include more than two-thirds of the budget for the Colorado QuitLine for smokers. The cuts also include a $1.6 million cut to the... more »
July 3, 2011 1:54 PM
DENVER (AP) - Some economists say Colorado's pension plan used unrealistically high investment returns when it projected it would be fully funded in 30 years.
The Denver Post reported Sunday the Public Employees Retirement Association assumes an 8 percent investment return. The newspaper quoted economists and financial advisers as... more »
June 1, 2011 11:27 PM
Last year was a tough one for the Colorado Springs Parks Division. In 2008 their budget sat at $19,000,000. Fast forward to 2010 and that number plummeted to only $3,000,000.
One look at the grass at many parks and the neglect shows. The city has contracted out mowing and... more »
June 1, 2011 4:17 PM
DENVER (AP) - The U.S. Postal Service is proposing shutting down 11 post offices in Colorado and nine in Wyoming to help deal with a budget shortfall.
The Denver Post reports that western area USPS spokesman Al DeSarro says communities are being notified of the closures following an $8.5... more »
May 29, 2011 2:59 PM
DURANGO, Colo. (AP) - Colorado schools have been bracing for painful budget cuts next year because of declining state support. In Durango, local philanthropists are giving some $200,000 to make sure school cuts in their community don't go too deep.
The Durango-based Marc and Jane Katz Family Fund is... more »
May 18, 2011 8:11 AM
Colorado Springs Mayor Elect Steve Bach says that he will be spending the next few weeks choosing his chief of staff and preparing to take office. In an interview with News First 5, Bach said he has a list of about five candidates in mind for the chief of staff... more »
May 17, 2011 5:44 PM
Pueblo City Schools will try to balance its budget tonight with a goal of cutting nearly $7 million.
Possibilities for cuts include two or three furlough days for employees. That would save close to $800,000.
Cutting the central administration budget by 10 percent, that would save about $200,000.... more »
May 10, 2011 4:57 PM
WASHINGTON (AP) - A new report says the House Republican budget would leave up to 44 million more low-income people uninsured as the federal government cuts states' Medicaid funding by more than one-third over the next 10 years.
The study was issued Tuesday by two nonpartisan groups, the Kaiser... more »
April 28, 2011 12:31 PM
DENVER (AP) - The national budget for fighting wildfires may be cut next fiscal year with fire season well under way in Colorado.
For fiscal 2011, which began Oct. 1, President Barack Obama's administration requested nearly $3.6 billion in appropriations and discretionary funds for the U.S. Forest Service and... more »
April 18, 2011 8:15 PM
With prices rising on basic necessities -- like fuel, food, and clothing -- budgets are getting tight for families across the country.
$100 dollars doesn't take Jan Piane as far as it did a year ago at the grocery store.
"I definitely see that I'm bringing home less... more »
April 11, 2011 3:23 PM
DENVER (AP) - A series of budget cuts in Colorado has gotten final approval in the state Senate. The $18 billion annual budget passed the Senate in a 30-5 vote today, sending the spending plan on to the House.
Senators also passed a related bill cutting $250 million from... more »
April 10, 2011 11:18 AM
DENVER (AP) - Ten candidates are running to be Denver's next mayor to deal with a $100 million budget deficit, an over-budget mass transportation project, and a police department under scrutiny.
The long list of candidates makes it almost certain that there will be a runoff between the top... more »
April 10, 2011 9:51 AM
WASHINGTON (AP) - A top White House political and economic adviser says President Obama will lay out new plans this week to reduce the federal deficit.
Obama adviser David Plouffe, speaking Sunday on NBC's "Meet the Press," says Obama plans to offer ideas for what Plouffe calls "long-term deficit... more »
April 9, 2011 12:19 PM
DENVER (AP) - Colorado senators have given preliminary approval to a $7 billion budget plan, but not before Republicans presented amendments to forbid the state from contracting with abortion providers or from withholding funding from departments and universities. Those amendments failed yesterday. The Senate will take a final vote on... more »
April 9, 2011 10:48 AM
COLORADO SPRINGS, Colo. (AP) - Prior to the congressional agreement to keep the government running, the military said food and other services for troops in war zones wouldn't have been interrupted by a shutdown.
Col. Robert McLaughlin, the Fort Carson garrison commander, said prior to Friday night's compromise that... more »
April 6, 2011 5:41 PM
We've been reporting for months now the budget crisis facing state lawmakers, school districts and local communities. But there's at least one exception. Pueblo County is bucking the trend.
Last year Pueblo County faced a $9.5 million deficit and even required staff to take 12 furlough days, but this... more »
April 5, 2011 5:05 PM
WASHINGTON (AP) - A Pentagon spokesman says the Defense Department has not decided yet whether U.S. troops at war will be paid if the government shuts down this weekend due to the budget impasse.
Pentagon press secretary Geoff Morrell says department leaders haven't figured out how pay would be... more »
April 1, 2011 1:45 PM
DENVER (AP) - Marijuana taxes could save the day for an endangered drug and alcohol treatment program threatened by state budget cuts.
A bill cleared for a House debate Friday sends $1 million worth of sales taxes collected from medical marijuana sales to the Circle Program at the Colorado... more »
March 31, 2011 2:22 PM
DENVER (AP) - School buses from a Colorado Springs-area district have circled the state Capitol to make a statement about proposed education budget cuts.
About 50 buses from Falcon School District 49 circled the state Capitol on Thursday with messages for lawmakers considering cutting education funding. The messages included... more »
March 29, 2011 11:50 PM
DENVER (AP) - State officials say an accounting glitch has turned up an extra $75.5 million to help cover Colorado's budget shortfall.
The Denver Post reports the state budget office had an incorrect formula in part of its revenue forecast. Officials said Tuesday that means the state has $75.5... more »
March 19, 2011 8:04 PM
Legislators have known since heading to the Capitol in January that they'll be looking at a lot of bills, but their big job is making sure the dollars and cents add up.
"The most pressing issue for this entire session is the budget," says Rep. Bob Gardner, (R) House... more »
March 19, 2011 9:46 AM
DENVER (AP) - Next year's state budget isn't going to be pretty - and Democratic lawmakers are branching out this weekend looking for constituent ideas on how to cut spending.
Democratic legislators planned town hall-style meetings in a dozen different Colorado towns Saturday looking for ideas on next year's... more »
March 10, 2011 7:43 PM
Pueblo City Schools faces some tough decisions. Superintendent Dr. Maggie Lopez says the school district is dealing with the "largest budget challenge in it's history." The school district needs to cut about $8.5 million from the 2011-2012 school year's budget, that's roughly 8% of its general fund.
The school... more »
March 7, 2011 1:35 PM
Colorado Springs School District 11 is bracing for an estimated $12.5 million in budget cuts for the upcoming school year. That dollar amount is based on combination of revenue shortfall from the state ($11.2 million) and increases in operating costs ($1.3 million).
Board members were given a packet containing... more »
March 6, 2011 7:59 PM
LAS VEGAS (AP) - Hundreds of Nevada college students and supporters waved signs decrying looming state higher education budget cuts during a peaceful protest on the Las Vegas Strip.
A crowd of more than 500 demonstrators gathered Sunday in front of the fountains of the Bellagio casino resort. They... more »
February 15, 2011 10:07 PM
Colorado Governor John Hickenlooper has put together his plan to balance the state budget with its billion-dollar shortfall. The biggest cuts would come to Colorado's public schools.
"Make no mistake, the choices we are making today will hurt," says Governor Hickenlooper.
The Democrat's proposal would cut $375 million... more »
February 15, 2011 7:04 PM
The Colorado Department of Human Services has proposed closing the Circle Program at the Colorado Mental Health Institute in Pueblo and the Mountain Star Therapeutic Residential Treatment Program on the department's Fort Logan campus on July 1, 2011.
Closing the Circle Program, a 20-bed mental health and substance abuse... more »
February 15, 2011 2:05 PM
WASHINGTON (AP) - President Barack Obama says he expects there will be some "posturing on television," but he's confident that congressional leaders will try to find room to compromise on the budget issues in the coming months.
Obama says it will take both parties working together to figure out... more »
February 14, 2011 2:10 PM
WASHINGTON (AP) - Republicans are calling President Barack Obama's deficit cutting efforts too timid .
In his 2012 budget, Obama proposes trimming the deficits by $1.1 trillion over a decade, although his changes would actually add to the deficits this year and next. Obama is projecting the deficit will... more »
February 9, 2011 7:53 AM
GREELEY, Colo. (AP) - Weld County District Attorney Ken Buck, a former Republican Senate candidate, is forming a nonprofit dedicated to passing a federal balanced budget amendment.
Buck said Tuesday the foundation Balance America will focus on state-based research, education and leadership aimed at addressing the national debt. He... more »
February 7, 2011 11:56 AM
DENVER (AP) - The Air Force Academy is accepting fewer new cadets under a mandate to reduce the size of the student body by about 9 percent to save money.
Lt. Gen. Michael Gould, the academy superintendent, says the Air Force ordered the school to reduce enrollment to 4,000... more »
February 2, 2011 7:33 AM
DENVER (AP)-The Colorado Legislature's budget writing committee has voted to take $2 million from a cash fund in the secretary of state's office to help with a $1.1 billion shortfall.
Secretary of State Scott Gessler has said he planned to keep $3.5 million for his office that his predecessor... more »
January 28, 2011 12:39 AM
Thursday night Falcon School District 49 held a special meeting; making up for a canceled meeting from Wednesday night when three board members couldn't attend. Controversy has not stopped since the board voted to do away with busing for next school year about two weeks before. The board says they're... more »
January 27, 2011 6:44 PM
DENVER (AP) - Gov. John Hickenlooper is encouraging Secretary of State Scott Gessler to turn over any surplus funds in his office to help balance the state budget.
Hickenlooper said Thursday he is asking all state agencies to return unused funds because the state is facing a $1.1 billion... more »
January 25, 2011 3:44 PM
DENVER (AP) - Colorado politicians are debating big changes to how the state spends taxes as they hunker down into their most pressing problem - another year of dwindling budgets and painful spending cuts.
No one in the Capitol seems to doubt that Colorado needs to make big changes... more »
January 21, 2011 3:16 PM
DENVER (AP) - Colorado lawmakers facing a gaping budget deficit have decided to end free breakfasts for needy children funded by the state Department of Education.
The budget-writing Joint Budget Committee on Thursday decided against spending an additional $124,229 to subsidize the Start Smart Nutrition Program.
The Denver... more »
January 7, 2011 12:16 PM
COLORADO SPRINGS, Colo. (AP) - The Pentagon's plans to cut defense spending aren't expected to have a big immediate impact on Colorado Springs.
The Defense Department on Thursday announced a proposal to freeze its growing budget to help the nation reduce its massive deficit. The plan is based on... more »
January 6, 2011 3:33 PM
WASHINGTON (AP) - Defense Secretary Robert Gates will cut $78 billion from the Pentagon budget in the next five years, money that will come from shrinking the military's ground force, increasing health care premiums for troops and other potentially unpopular cost-saving measures.
The plan, announced Thursday, identifies a separate... more »
December 21, 2010 8:32 AM
DENVER (AP) -Property values are dropping in Colorado and that could mean even more budget woes from the state to the local level.
Colorado will have enough money in its general account to cover current spending levels, but a new revenue forecast warns the state could face a $1... more »
December 19, 2010 9:29 PM
Parents in Colorado may want to start putting more money into their kids' college fund. Almost all of the universities and colleges in our state are considering double digit tuition increases next year to overcome cuts in state funding.
Jill Brake of the Colorado Commission on Higher Education worries... more »
December 5, 2010 5:03 PM
DENVER (AP) - In its struggles to deliver balanced state budgets over the past 10 years, Colorado has amassed $3.7 billion in obligations it may never pay.
That sum includes severance taxes taken from municipalities, funds for tourism promotion and waste tire cleanup, and prison and school bus costs... more »
December 4, 2010 11:48 PM
Earlier this year, the City of Colorado Springs turned off many of the street lights around town. It became a symbol of the cities budget problems and enraged citizens. "I was very disappointed." says Colorado Springs resident Etta McLanhan, "I felt like they weren't taking into consideration the safety issues... more »
November 23, 2010 1:58 PM
Pueblo City Council has approved $76.8 million dollar budget for 2011. City Manager Jerry Pacheco says in order to balance the budget, the city had to reduce personnel costs. This means 26 vacant full time positions will remain un-filled in the coming year. In related business, council members were at... more »
November 16, 2010 7:14 PM
Pueblo water rates will increase next year by about $18 for the average home. That's about five percent a year, according to the Pueblo Water Board.
The board passed a budget today of $30.6 million, down slightly from this year's budget.
That means water rates will increase by... more »
November 11, 2010 2:42 PM
WASHINGTON (AP) - There's finally some praise for the deficit-cutting ideas that were put forward by the leaders of President Barack Obama's bipartisan panel.
The U.S. Chamber of Commerce says it agrees that "any solution will require commitment and sacrifice on both the spending and revenue fronts." But the... more »
November 4, 2010 7:21 PM
DENVER (AP) - Republican state Rep. Frank McNulty says he plans to take Gov.-elect John Hickenlooper up on his offer to meet to discuss the budget.
McNulty of Highlands Ranch was chosen to be House speaker after the GOP appeared poised to win a razor-thin, 33-32 majority. Hickenlooper on... more »
October 22, 2010 8:56 AM
DENVER (AP) - Colorado Gov. Bill Ritter is ready to announce his plan to deal with a $262 million revenue shortfall to balance this year's budget.
That will be on top of the estimated $1.1 billion lawmakers will be forced to cut next year.
The balancing plan being... more »
October 22, 2010 8:41 AM
DENVER (AP) - A planning committee warns that Colorado voters and taxpayers need to come up with more money for higher education or the system is going to collapse.
Committee co-chair Jim Lyons says options include raising taxes, providing more state funding, charging higher fees for graduate programs and... more »