DENVER (CBS4)- Denver will not start charging residents for trash pickup. The idea was proposed as a way to ease the deficit the city is facing.
Instead, voters will be asked to raise property taxes.
Denver Mayor Michael Hancock is moving forward with some of the recommendations of a financial task force as he tries to balance the city’s budget.
The mayor lists four key strategies in his approach:
- Save $10 million by streamlining services.
- Save $5 million by making adjustments to employee salaries and health care.
- Grow the tax base by growing businesses.
- Wants a measure on the November ballot asking taxpayers to give back their current property tax breaks.
“Doing this will allow us to keep revenue that we are rebating back to the public because of TABOR at the same time that we’re cutting the budget year after year,” said Hancock. “It simply doesn’t make sense.”
Hancock said the city has made up $450 million so far but the budget is expected to be as much as $94 million short next year.