Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Looking for top SIP performers? These 7 equity mutual funds delivered over 20% returns in 10 years
    • Small-cap funds lead FY27 so far, beating mid, flexi and large-cap funds; JM Small Cap tops chart with over 32% return
    • No international funds open? These 15 domestic funds still hold foreign equities — two schemes have over 26% allocation
    • Distributor commissions reduce as fund houses pass on impact of new expense ratio regime – Mutual Funds News
    • Investing in mutual funds? Experts explain the behavioural biases that can quietly reduce your long-term returns
    • Your Money: Laddering strategy in bonds can optimise yield capture – Money News
    • Banks Offload Risk from Leveraged ETFs With Exotic ‘Crash Puts’
    • Multi cap mutual funds attract over ₹18,000 cr in H1 2026 as investors bet on diversified equity exposure
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Officials with some of Colorado Springs’ largest events react to funding changes for 2025
    Funds

    Officials with some of Colorado Springs’ largest events react to funding changes for 2025

    October 13, 2024


    COLORADO SPRINGS, Colo. (KKTV)—The Festival of Lights and Pikes Peak Pride were the topics of conversation during a city council meeting on Tuesday. The council was discussing a tax that would give each tens of thousands of dollars each year.

    “It went from a significant source of funding to zero funding,” executive director for the Festival of Lights Kevin Leonardo said.

    $32,200 is how much funding the Festival of Lights got for this year’s event from the Lodgers and Automobile Rental Tax or LART tax. But next year the parade will get none.

    “We’re disappointed the funding has gone away,” Leonardo said.

    In this funding, four organizations will get more money than in previous years, one of which is Pikes Peak Pride, which saw a $20,000 increase. Something council member Dave Donelson took issue with.

    “Is this an event that reflects the communities values? I don’t think it is,” Donselson said in the meeting.

    Donelson’s vote was one of two against the funding allocations. The motion passed by a five to two vote. Those with Pikes Peak Pride say they are honored to be getting the funding as they prepare for the tens of thousands of attendees at the event in 2025.

    “It’s going to allow us to bring in more local vendors, local entertainment to really expand the festival for our local community,” board member and secretary for Pikes Peak Pride Suzy Sanchez said.

    As for the Festival of Lights, officials say they will be relying on community support to make up for the gap in funding.

    “It’s just a new challenge for us to find community support in this community to rally together to find the support to continue to put this parade,” Leonardo said.

    The other organizations that will get additional funding include the Alianza de Futbol Soccer Tournament, the U.S. Senior Open Championship and Pikes Peak Outdoor Recreation Alliance which received ten thousand more in funding.

    The Festival of Lights does have other funding but officials say this does provide challenges.

    Copyright 2024 KKTV. All rights reserved.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    How smaller flexi cap funds outperformed larger peers in one year: Key lessons for investors

    July 31, 2026

    South Korea cracks down on risky retail funds after tech rout

    July 29, 2026

    Hedge funds grow at the fastest rate ever

    July 26, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Looking for top SIP performers? These 7 equity mutual funds delivered over 20% returns in 10 years

    August 2, 2026

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023
    Don't Miss
    Mutual Funds

    Looking for top SIP performers? These 7 equity mutual funds delivered over 20% returns in 10 years

    August 2, 2026

    A decade of disciplined SIP investing has rewarded investors handsomely in a select group of…

    Small-cap funds lead FY27 so far, beating mid, flexi and large-cap funds; JM Small Cap tops chart with over 32% return

    August 2, 2026

    No international funds open? These 15 domestic funds still hold foreign equities — two schemes have over 26% allocation

    August 2, 2026

    Distributor commissions reduce as fund houses pass on impact of new expense ratio regime – Mutual Funds News

    August 2, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    ‘Opt for flexi-cap funds to make the best of uncertain times,’ says Neil Parag Parikh – Money News

    April 20, 2025

    3 mid cap mutual funds with strong risk-adjusted performance – Money Insights News

    October 17, 2025

    Worcester Premium Bonds winners announced for September 2025

    September 1, 2025
    Our Picks

    Looking for top SIP performers? These 7 equity mutual funds delivered over 20% returns in 10 years

    August 2, 2026

    Small-cap funds lead FY27 so far, beating mid, flexi and large-cap funds; JM Small Cap tops chart with over 32% return

    August 2, 2026

    No international funds open? These 15 domestic funds still hold foreign equities — two schemes have over 26% allocation

    August 2, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹9000 monthly SIP can help you retire at 45 with ₹2 lakh monthly pension

    May 5, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.