Colorado

Denver International Airport chief Kim Day rebuffs accusations of faulty accounting on the $544 million South Terminal Project that includes a hotel and commuter rail station.

Colorado's $25 billion state budget is already signed, but lawmakers still have other bills to resolve before the imminent end of their session including a proposal to authorize $3.5 billion of tax revenue anticipation notes for highway projects.

A bill by Colorado Sen. Randy Baumgardner would authorize $3.5 billion of tax revenue anticipation notes to capture low interest rates and accelerate highway construction in the state.

David D. Hart, former Denver Public Schools chief financial officer and senior vice president of D.A. Davidson, has joined Public Financial Management as an advisor, the company said.

Issuers in Colorado and Nevada separately disclosed this week that the Internal Revenue Service is conducting routine audits of bonds they issued in 2006.

Colorado State University will raise $252 million to build a football stadium on its Fort Collins campus through a series of taxable and tax-exempt bonds.

Despite court-sanctioned reforms, Colorado's future pension costs and unfunded liabilities continue to grow, according to a commentary from Moody's Investors Service.

The Denver suburb of Littleton can no longer use tax-increment financing or eminent domain without voter approval after passage of a ballot initiative March 3.

A Colorado district court struck down the city of Aurora's plan to provide $300 million of subsidies for a Gaylord resort hotel, saying it violated the Taxpayer Bill of Rights amendment to the state constitution.

The Colorado Department of Transportation is moving ahead with plans to seek private investment in the redevelopment of a 12-mile stretch of Interstate 70 that would be the largest project in CDOT's history.

After years of discussion about how to keep the National Western Stock Show complex in Denver, the city is mapping out an $856.4 million plan to redevelop the area north of downtown.

The Internal Revenue Service has recently closed two audits of bonds issued in Colorado with no change to the bonds' tax-exempt statuses.

Colorado lawmakers may get their day before the U.S. Supreme Court to challenge the Taxpayer Bill of Rights that requires voter approval of all tax increases in the state.

Moody's Investors Service downgraded healthcare giant Catholic Health Inititiatives to A2 from A1 after a year of declining operating performance.

A report used to set local tax rates shows that Colorado property values rose 14.3% in two years. Lawmakers must return a portion of the rising revenues to taxpayers under the Taxpayer Bill of Rights.

Beginning his second term, Colorado Gov. John Hickenlooper described his personal struggles and those of the state over the past four years while promising progress on water, transportation and environmental fronts.

With the state House and Senate controlled by different parties, the Colorado General Assembly has begun the process of dividing up an estimated $1.05 billion of additional revenue for the next fiscal year.

The University of Colorado will bring $89.3 million of refunding bonds to market as opportunities for interest-rate savings continue.

U.S. Rep. Mike Coffman, R-Colo., plans to introduce legislation lifting the $800 million spending cap on construction of a Colorado Veterans Administration hospital that is late and over budget.

Denver International Airport must bear most of the $53 million cost to complete a rail segment into the airport, a Denver District Court judge ruled. DIA had claimed the cost was the Regional Transportation District's responsibility.