Loveland to trim capital projects in face of revenue shortfall

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Loveland to trim capital projects in face of revenue shortfall

Capital projects for transportation, parks and public works will be the first casualties of a citywide effort to cut expenses in the face of a $13 million general revenue shortfall expected this year. On Wednesday, Loveland Chief Financial Officer Brian Waldes briefed the Citizens’ Finance Advisory Commission on what to expect from an April 30 presentation to the City Council on a “bridge” budget for 2024 that will account for the loss of the fo…