Colorado’s $40.6 Billion budget is nearing final passage. Here’s what’s in it.

Brian Eason | The Colorado Sun

After weeks of debate and over two dozen amendments, Colorado budget writers Wednesday put the finishing touches on a $40.6 billion budget that increases spending on state workers, health care services, K-12 and higher education.

But the spending plan leaves a number of unanswered questions for the final month of the legislative session — including how the Democratic majority will pay for property tax cuts, a major priority for Gov. Jared Polis and top lawmakers.

The budget for the 2024-25 fiscal year, which starts July 1, still has a few procedural hurdles to go, but no further changes are expected. The Joint Budget Committee on Wednesday rebalanced the budget after the House and Senate passed different versions over the last two weeks.

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