Council Directs Staff To Prepare Ballot Measure Repealing TABOR Limits |
Loveland's Deficit Problem The City of Loveland’s net expenses will be $67.1 million next year while net revenue is projected to be only $64 million. The $3 million revenue shortfall will grow in future years according to the same projections unless spending of general fund monies (services) are reduced or revenues (taxes) increase. Read what staff proposed so far while adhering to guiding principles adobted by council of balancing spending cuts with fee increases. staff presentation Note the "118 vehicle" reduction was an error. Only a reduction of 30 vehicles was proposed. Financial Suggestions |
Councilwoman Carol Johnson |