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Boulder hears CU economic update; city revises 2025–26 revenue forecasts downward
Summary
University of Colorado economists warned of near-term downside risks from tariffs, inventories and falling consumer confidence while city staff revised sales, use and property tax estimates downward for 2025–26 and urged program realignments rather than new spending.
Boulder City Council members heard a regional and local economic briefing May 8 from University of Colorado Boulder researchers and the city’s budget team that left staff more cautious about near‑term revenue growth and led to revised forecasts that reduce projected 2025–26 revenues.
The university presenters said national indicators show growing downside risks — including a first‑quarter GDP decline, record import and inventory spikes tied to tariff anticipation, and sharply lower consumer and business sentiment — even while employment and wage growth remain resilient. CU presenters Brian Ludenkowski and Richard Wobekind told council the university’s preferred scenario sees a modest national slowdown this year that would be reflected in flatter local revenue growth.
City budg…
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