Monday, June 8, 2026

Keep the SCFD. It’s a National Model

A History of Success in Supporting Popular Cultural Institutions

Map

The Denver metro region’s Scientific and Cultural Facilities District (SCFD) is a unique and nationally envied model for cultural funding in the United States. Since its founding in 1988, it has provided steady funding to more than 200 cultural organizations and programs annually in the seven-county Denver metro area. It has maintained voter support in three elections to renew the tax. In this century the SCFD has received more than 60 percent support in two elections and was approved by a majority of voters in all seven counties in the metropolitan region.

Polling shows that the popularity of its highest profile cultural organizations make up the major contribution to the voter approval. The next most important attribute is the 35-year operational success of the SCFD program. The administration is frugal with limits on its expenditures and has stayed out of politics and controversy. As a government agency it has an exceptionally low negative rating and a positive reputation. Also, a key element for public support is the regional and comprehensive nature of the original funding design. Its three tiers guarantee funding for cultural programs from the local and county level to the region’s largest, most used and valued institutions, and reserves funds for more than 30 mid-sized organizations.

A polling question asked of 600 Denver metro voters in December of 2025 shows the support for the SCFD when it was linked to major cultural facilities throughout the seven Denver counties.

SCFD Tax Extension Poll

Question:
In an upcoming election, voters in the Denver metro area will vote on whether or not to extend the one-tenth of one-cent sales tax that funds the Scientific and Cultural Facilities District. It is not a tax increase. It helps fund the Zoo, the Botanic Garden, Butterfly Pavillion, museums, performing arts, nature centers and cultural programs and organizations throughout Arapahoe, Adams, Denver, Boulder, Broomfield, Douglas and Jefferson counties.

If you had to vote today, would you definitely support continuing the Scientific and Cultural Facilities District sales tax, probably support it, probably oppose it or definitely oppose continuing the district sales tax?

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Wednesday, June 3, 2026

Dow Bounces Around 50,000

Cabinet Meeting May 2026U.S. Interior Secretary Doug Burgum, Secretary of State Marco Rubio, U.S. President Donald Trump, Defense Secretary Pete Hegseth and Commerce Secretary Howard Lutnick attend a cabinet meeting in the Cabinet Room at the White House, in Washington, D.C., U.S., on May 27, 2026. Evan Vucci/Reuters

Our end-of-the-year recap reported: Despite the drama and chaos, the DOW ended the year up 13 points. The third year of double-digit returns (up 12.9 points in 2024 and 13.7 in 2023). The S&P grew 16 points and the NASDAQ composite up 20, mostly driven by the AI investment boom.

We predicted churn. And indeed the war in Iran, accompanied by the closing of the Strait of Hormuz, has featured the DOW bouncing more than 9 times around 50,000. It hit 10,000 at the start of the century (1999), then 30,000 in 2020 as the President Donald Trump first term was ending and President Joe Biden about to start. After a volatile period in the early 2020’s, it crossed to 40,000 in March 2024 as Biden began his fraught final campaign. After a brief 21 months, the DOW gained 10,000 points and crossed 50,000 on February 8, 2020.

As long as corporate earnings hold and interest rates and inflation data don’t accelerate, AI investment may continue to drive it upward. As of Friday, May 29, it is now at 51,000.

Dow Jones Industrial Average

Trump has always depended on market increases to boost his popularity, but today as the market has increased this year his poll numbers have collapsed to record lows (60% disapproval, 36% approval FPO). His problem is the market is missing voter economic anxiety and growing dislike of him and his administration's performance.

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