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Hancock's $1.2B budget seeks $47M for north Denver redevelopment

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Mayor Michael Hancock submitted his $1.2 billion budget proposal for 2015 to city council Monday. Hancock said the plan is intended to “create opportunity in every neighborhood and allow the city to meet the demands of a booming population, vibrant economy and increased development.” The city is attracting 10,000 to 15,000 new residents every year, and up to 100,000 new people are expected in the next decade — putting pressure on the city’s government, Hancock said “My 2015 budget proposal…

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