State of the City
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The past years of relative economic slow growth came through the presentation as to be of particular concern. Bruno’s business model attitude towards the city is tailored as such, adapting a fiscally conservative approach.
In the last year, however, Boulder has seen a rise in revenues from taxes; they are up around 8% from last year. Additionally, the city is expecting revenues to increase with the opening of The 29th Street Mall on October 13th. This income has provided some much needed funds, but as always, not enough. Bruno described his new task of allocating resources towards a variety of investments including the Crossroads Commons, the Diagonal Plaza, and The Village shopping area.
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