Colorado

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.

Standard & Poor's downgraded Colorado-based nonprofit healthcare giant Catholic Health Initiatives to A from A-plus and retained a negative outlook in a Dec. 15 report.

The Colorado Aeronautical Board will provide only $3 million in airport grants in 2015, a fifth of the amount originally planned, officials said.

Colorado State University President Tony Frank said he now supports plans to build a $195 million stadium on the Fort Collins campus through a combination of donations and revenue bonds.

Denver International Airport's South Terminal hotel will cost no more than $600 million after a series of overruns ballooned the budget beyond its original $500 million, DIA chief executive Kim Day told the City Audit Committee on Nov. 20.

The Internal Revenue Service is auditing two bond issues sold in 2007 by Colorado authorities for a university and a health care borrower.

Warnings of a "death spiral" for regulated electric utilities caused by distributed generation such as rooftop solar panels are premature, according to Moody's Investors Service.

Colorado lawmakers did not violate the Colorado constitution by reducing cost of living adjustments for retired public employees, the state Supreme Court ruled.

Colorado's Public Finance Associates will become part of Minnesota-based Ehlers Companies in the wake of new regulations that could prove challenging for smaller firms.

Colorado State University has fallen short of the $110 million of donations required for building a new football stadium, according to CSU president Tony Frank.

Denver's highly-regarded National Jewish Health system has lost its Standard & Poor's investment-grade rating, falling to BB-plus from BBB-minus.