Both the Denver Metro area and the state of Colorado are dealing with tax revenue shortfalls causing government budget cuts. For the second year sales tax revenue in the Denver metro area is flat while municipal costs are up.
In the brief recession in 2020 due to the pandemic lockdown, sales tax revenue decreased. If the U.S. faces another recession in 2025, state, county, city budgets will be squeezed further especially given the sudden pull back in federal expenditures.
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