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Michael Johnston: “Our revenues have only grown by 75%.”

Featuring: Michael Johnston, Nonpartisan | Mayor of Denver | Colorado

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Denver Mayor Michael Johnston Addresses City's Financial Challenges and Strategic Plans

Published | Video Starts at 08:35

We have nearly doubled the size of the government over the last 12 years. But the challenge, if you remember both slides, is our costs have grown by 83% over the last 12 years. Our revenues have only grown by 75%. That means structurally, over the last 12 years, we have grown the cost of government 8% more than we've grown the revenues. That is unsustainable growth of government. (08:35–08:39)

CLAIM

Asserts that city revenues grew by 75% over the last 12 years.

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