Lakewood Informer

Resident generated news about Lakewood, Colorado

Lakewood Informer

Resident generated news about Lakewood, Colorado

Alex

Money Down The Drain

By Lakewood News from KarenPosted on Posted in BudgetTagged , , , , , ,

From Somebody Should Do Something

You may have noticed the 50% increase in the storm water fee being accessed this year. Such drastic increases usually indicate mismanagement and the failure to perform routine maintenance of a system in the years and decades prior. A properly financed maintenance program that is well run with periodic, but reasonable, rate increases does not need drastic assessments. Then again, this is Lakewood, Colorado. A city in a state that… Well, just look around.

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Eye of Sauron now turns to Economic Development

By Lakewood News from KarenPosted on Posted in BusinessTagged , , , , ,

by Somebody Should Do Something
Having lost the special election on the 7th of April, by an almost 2 to 1 margin (despite having enormous financial backing from the real estate interests – more on that elsewhere), Lakewood’s Eye of Sauron now turns to economic development. Not that Lakewood has been doing anything of the sort.
In case you missed the memo, “In Colorado, an annual salary for a single adult needs to be at least $105,955, using the 50/30/20 budgeting rule. For a family of four, $273,728 is needed annually to live comfortably in Colorado.” Of course, if you look at the economic statistics for Lakewood – not even close an average resident is.

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The Great Colorado Extraction

By Lakewood News from KarenPosted on Posted in BusinessTagged , , , , , , , ,

“Colorado is losing businesses and jobs at an alarming rate.”

Bold strategy, Cotton—let’s see if it pays off. But honestly, what did anyone expect?

It’s not just a “tough” regulatory environment chasing companies away. It is a systemic preference for extraction over production. As in – how much rent, metro district fees and real estate fees can be extracted from the residents? For nearly two decades (or longer), Colorado’s leadership—a revolving door of real-estate-industry lackeys, municipal bureaucrats, and the “useful idiots” yapping about “affordable housing” and virtue signaling – has bent over backward to prioritize real estate developer margins at the expense of actual economic development.

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