Author: Luige DelPuerto
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Shoshone water rights acquisition approved by Colorado board
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Colorado’s water board on Wednesday approved the acquisition of water rights associated with the Shoshone Power Plant for permanent instream flow protection. The deal to purchase water rights from Xcel Energy for $99 million aims to ensure that a significant amount of water from the Colorado River continues to flow downstream during periods of low…
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Colorado sells tax credits to plug budget deficit
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Colorado has begun selling insurance premiums and income tax credits to raise $100 million to shore up the state’s budget and pay for insurance subsidies. A law approved by the legislature this year authorized the Treasury Department to sell up to $125 million in tax credits to insurance firms and C corporations to raise $100…
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DIA seeks federal OK to pay for salaries of air traffic controllers
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The Denver International Airport is seeking permission from the federal government to pay for the salaries of air traffic controllers amid news that the Federal Aviation Administration plans to reduce air traffic by 10% across 40 “high-volume” markets beginning Friday morning to maintain safety during the ongoing government shutdown. Although it’s not immediately clear whether the 40…
