Content Tagged As funds

3 years 8 months ago

Suit challenging CO education funds goes to trial

DENVER (AP) - A lawsuit challenging the constitutionality of how Colorado funds education is going to trial in Denver District Court. The plaintiffs contend Colorado has underfunded schools and violated its constitutional mandate requiring a "thorough and uniform" education system. They say that poorer communities are at a funding...

4 years 8 months ago

Pueblo postal worker indicted for embezzlement

Another postal worker in Pueblo is in hot water. Gil Trujillo has been indicted by a U.S. federal court for embezzlement of funds. That's according to Al Desarro, Public Information Officer for the Unites States Postal Service's western region. According to Desarro, Trujillo has worked at the main post office...

4 years 8 months ago

IMF cancels $268M Haiti debt

The IMF says it has canceled Haiti's $268 million debt and will lend the earthquake-devastated island another $60 million to help it with reconstruction plans. The International Monetary Fund says the decision is part of a plan for long-term reconstruction after the Jan. 12 magnitude-7 quake, which killed as...

5 years 3 weeks ago

Colorado governor restores gaming impact funds

Gov. Bill Ritter is giving $5 million in funding for the Local Government Limited Gaming Impact Program back to gaming communities. The funding was taken away temporarily to help cover budget shortfalls and will now be made available to communities impacted by gaming activity. The program was created by the...

5 years 2 months ago

RTD gets funds for transit upgrades

The Regional Transportation District will receive a $300 million loan from the federal government to modernize Union Station into the FasTracks transportation hub and $80 million in federal grants for the FasTracks project. Federal Transit Administration chief Peter Rogoff announced the funding boosts alongside Mayor John Hickenlooper and Sen. Michael...

5 years 2 months ago

Senate backs pension overhaul

Colorado is moving to become the first state to cut retiree benefits to prevent its pension system from going broke. The state Senate voted 25-10 on Monday to back a proposal to overhaul the Public Employees Retirement Association. It now moves to the House. Backers say the bill is needed...

5 years 3 months ago

Obama seeks $1.35 billion more for education

President Barack Obama is asking Congress for $1.35 billion to extend an education grant program for states. Speaking at an elementary school in Virginia, Obama said the funds would allow more states to obtain competitive grants through president's "Race to the Top" program. The $787 billion economic stimulus program that...

5 years 6 months ago

Will H1N1 impact Colorado school count?

The impact of H1N1 on school attendance couldn't come at a worse time. October 1 st is school count day, which is the measure for determining each Colorado School's budget for next year. Each student brings a school around $6,000 for next year's budget. If students are absent they...

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