Gov. Polis proposes shielding funding for major water programs as state’s $1 billion deficit looms

By Jerd Smith | The Colorado Sun

Colorado’s largest water agency may be shielded from significant funding cuts as the state addresses its financial woes, under the 2025-26  budget proposed by Gov. Jared Polis.

The Colorado Water Conservation Board would see a $6.9 million increase in the next fiscal year, which begins July 1, rising from $98.1 million in revenue this year to $105.1 million, according to the governor’s office.

But in 2026, funding would drop to $97.6 million due to a decline in severance tax revenue, which is derived in part from oil and gas production and is a key part of the CWCB’s funding.

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