Tag: General Fund Transfers

By Katie Parkins | Denver7 Colorado Gov. Jared Polis in an executive order on Monday extended already-issued spending cuts through the end of February in an effort to achieve the $265 million in savings his office says is needed to balance the state's budget. Executive Order D 2025 22 extends orders Polis issued in August and October of this year, which ultimately laid out roughly $115 million in cuts from state departments and another roughly $148 million in transfers to the state's general fund. The prior orders expired on Nov. 30. A hiring freeze put in place by a separate order (D 2025 009) ends on Dec. 31, 2025. The state says that hiring freeze achieved $3 million in savings. Polis has said the $265 million in savings is needed due to a massive budget gap created by Pr...