$46.8 Billion Colorado Budget Reflects Rising Medicaid Costs and Hard Choices
By Marianne Goodland | The Gazette
The six-member panel of legislators in charge of crafting the state budget has now turned over its plan to the Colorado legislature, proposing to spend $1.5 billion more for the Medicaid program.
The increase is driven by Medicaid costs, which forced the Joint Budget Committee to make cuts elsewhere.
All told, House Bill 26-1410 proposes a state budget of $46.8 billion, with $17.3 billion coming from general funds, the revenue largely from corporate and individual income taxes, as well as from sales and use taxes.
Notably, that general fund amount is 1.4% higher than the $17.1 billion in the 2025-26 budget.
The 2025-26 budget, as approved by lawmakers a year ago, stood at $43.9 billion. It has changed significantly since...










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