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Breaking Down Johnston’s 2024 Budget Plan

Posted on September 20, 2023   |   Updated on September 30, 2025
Peyton Garcia

Peyton Garcia

Mayor Mike Johnston stands at a podium to unveil his first budget proposal

Mayor Mike Johnston unveils his first budget proposal. (Hyoung Chang / Denver Post / Getty Images)

Last week, Mayor Mike Johnston released his 2024 budget proposal — which is kind of a big deal, since it’s Denver’s first spending plan coming from someone other than Michael Hancock in 12 years. In his budget letter to the city, Johnston listed his priorities as affordability, safety, downtown revitalization, climate protection, and housing for all. Out of the 770-page, $4 billion plan, here are some of the big numbers you should know:

Homelessness

  • $242 million for transitional housing and support services
  • $100 million to build permanent affordable housing
  • $39.2 million to get another 1,000 unhoused Denverites off the streets in 2024
  • $14.6 million for rental assistance and legal defense for people facing eviction

Downtown Revival

  • $58 million to finish renovations on the 16th Street Mall and the Convention Center, plus creating incentives for attracting local businesses
  • $15 million for bike lanes, transit projects, and new traffic infrastructure

Public Safety

  • $9 million to expand staff and operating hours for police alternative programs (like STAR)
  • $8.2 million to recruit new police officers

Climate Protection

  • $7.6 million for electric vehicles, e-bikes, and charging stations

Migrant Arrival Response

  • $20 million for migrant arrival

City Council is conducting hearings all week to discuss the budget. After council gives its recommendations next month, the mayor is expected to release his final draft by Oct. 16. Council plans to hold a public hearing where community members can comment on Oct. 23. Council should pass a final budget Nov. 13.

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