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Neighboring Communities - Budgetary <br />Challenges <br />• City of Fort Collins (-$5.7M Shortfall) <br />• rort uoiiins projected shortTaii leads to hiring pause <br />■ City of Boulder (-$10M Shortfall) <br />• Boulder freezes hiring amid projected $10M budget shortfall <br />■ City of Aurora (-$25M Shortfall) <br />• Aurora faces $25 million budget shortfall, considers cuts, fees to balance finances <br />• City of Denver (-$200M Shortfall) <br />• ueriver is iouKina at substantial layoffs amid a budget deficit <br />• State of Colorado (-$1B shortfall) <br />• Colorado governor calls special legislative session to deal with nearly $1 B budget hole <br />• Staff will continue to monitor trends and impacts to our neighboring jurisdictions <br />L1�Cityof <br />Louisville <br />4 August 21, 2025 <br />