DENVER — Denver city leaders are preparing to make “substantial” layoffs in order to deal with a massive budget deficit.
In May, Denver Mayor Mike Johnston announced the city was projecting a $50 million budget deficit this year and a $200 million budget deficit next year. Johnston said his administration must consider layoffs to help the city balance next year’s budget.
“We will have to look at layoffs,” Johnston said. “We do not envision a scenario where it’s possible to right-size this budget without that impact on personnel.”…