Denver Mayor Michael B. Hancock gives State of the City address

DENVER - Monday, Denver Mayor Michael B. Hancock delivered his annual State of the City address.

Hancock said over the past year, Denver has added 15,000 jobs and 1,000 new businesses.

"Joblessness has dropped two points since 2011 and our housing market is one of the strongest in the nation," Hancock said. "On top of that, we’ve created a solid foundation for our city by growing our reserves and maintaining our AAA bond rating."

Hancock said he pledged to eliminate the city’s budget deficit last year and has.

"Thanks to your amazing support of Measure 2A last November, we wiped out our deficit and began restoring essential services such as street paving, park maintenance, library hours and public safety," Hancock said.

Hancock also said violent crime is down 13 percent.

"We’re one of the safest feeling cities in the nation," Hancock said.

The mayor said an announcement is coming soon about an online tool that will show residents how the city is spending money.