Council discusses financial forecast and introduces new CFO Krista Morrison

May 09, 2025 | Boulder, Boulder County, Colorado

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This article was created by AI using a video recording of the meeting. It summarizes the key points discussed, but for full details and context, please refer to the video of the full meeting. Link to Full Meeting

In the heart of Boulder City’s council chamber, a palpable sense of urgency filled the air as city leaders gathered to discuss the pressing financial forecast for the upcoming year. Council member Benjamin opened the session, setting the stage for a candid conversation about the city’s fiscal challenges.

The city’s financial landscape, described as “truly difficult,” reflects a broader trend affecting communities across the region and state. The council emphasized a shift in budget strategy, focusing on realignments rather than enhancements. This approach comes in response to an unpredictable economic climate that has prompted city departments to adopt a more conservative spending strategy.
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As the discussion unfolded, it became clear that Boulder City, like many municipalities, is navigating a turbulent financial cycle. The city’s leadership expressed optimism, noting that financial downturns are often followed by recoveries. “We will come out of this financial cycle into better financial times, I hope,” one council member remarked, highlighting the importance of financial discipline and adaptability during these challenging times.

A key figure in this transition is the newly appointed Chief Financial Officer, Krista Morrison, who recently joined from Kansas City. The council urged members to extend patience and support as she acclimates to her new role. Morrison has already begun engaging with the budget team and attending meetings, demonstrating her commitment to understanding the city’s financial intricacies.

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As the session progressed, the council’s focus on fiscal responsibility underscored a collective determination to steer Boulder City through its current challenges. The discussions not only reflected the immediate concerns of the city’s budget but also hinted at a hopeful outlook for the future, as leaders remain committed to navigating these uncertain waters together.

Converted from May 8, 2025 City of Boulder City Council Study Session meeting on May 09, 2025
Link to Full Meeting

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