Littleton City Council moves to abolish its urban renewal authority
- November 8, 2016
Remarks Prepared for the Milton Friedman Birthday celebration, sponsored by the Friedman Foundation and the Independence Institute.
READ MOREThe federal bailout is not stabilizing our state budget, but is in fact exacerbating the structural deficit in the budget.
READ MOREOur research found that information on local government debt is available to the public … on two conditions. First, citizens must have Sherlock Holmes-like instincts. Information about local debt can be found, but plan on digging for it. And, second, the results of your search may yield information that is considerably outdated.
READ MOREIn the last three years alone, CU’s budget has ballooned from $1.9 billion to $2.4 billion, with increases to salaries eating up a big part of the total. Between 2006 and 2009, CU’s three chancellors received a collective annual taxpayer-funded raise of more than $500,000.9 And even in the aftermath of the cuts recently announced by Benson, Denver Chancellor Roy Wilson could still make over $700,000 this year.
Students, meanwhile, have been forced to foot the bill through skyrocketing tuition increases. CU-Boulder undergraduates saw an average tuition increase of 9.3 percent this year; in Denver, the average was 8.5 percent; and in Colorado Springs, 7.5 percent. These increases followed 2007-2008 hikes ranging from 7 percent at CU-Colorado Springs and 14.6 at CU-Boulder.
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