Content Tagged As shortfall

4 years 1 month ago

Pueblo faces $9 million budget shortfall in '11

Pueblo's city manager is projecting a $9 million budget shortfall in 2011. On Monday, Jerry Pacheco told City Council he can balance the budget without laying-off workers. Pacheco's recommendations include: no additional funding for non-profits; increase code enforcement programs to boost revenues; and keep 26 vacant positions un-filled, including seven...

4 years 3 months ago

2010 budget red ink: $1.3 trillion

Congress' budget analysts are estimating that this year's federal deficit will exceed $1.3 trillion, slightly below last year's total but still a huge ocean of red ink. The nonpartisan Congressional Budget Office said the enormous shortfall is a result of the still struggling economy, which has meant lower federal...

4 years 11 months ago

Colorado tax revenue drops by $40 million more

Colorado budget officials say state revenues dropped another $40 million, bringing this year's shortfall to $601 million. Budget officials told state lawmakers Friday the recession appears to be over in Colorado, but the economic recovery will be long and rocky. Previous forecasts showed the state would have a $560 million...

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