Rocky Mountain Voice

Tag: State Budget

Hospitals on life support: Report says 70% of Colorado facilities losing money
The Denver Gazette, Approved, State

Hospitals on life support: Report says 70% of Colorado facilities losing money

By Marissa Ventrelli | The Denver Gazette Nearly 70% of Colorado hospitals ended 2024 with “unsustainable” margins, according to a new financial report from the Colorado Hospital Association. Tom Rennell, the group’s senior vice president of financial policy and data analytics, said hospitals’ expenses are outpacing their revenue, as an increasing number of Colorado patients are losing their insurance coverage, partially due to the post-pandemic Medicaid unwind. “Over the last several years since the COVID times and through the high inflationary times, hospitals have been experiencing some significant econmic turbulence,” Rennell said. “We don’t have the full picture yet, but I can tell you that what we’re seeing so far in 2025 is that there has been even more of a deterioration a...
Colorado’s “Budget Crisis” Rings Hollow Amid EV Giveaway Surge
Complete Colorado, Approved, Commentary, State

Colorado’s “Budget Crisis” Rings Hollow Amid EV Giveaway Surge

By: Jon Caldara | Commentary, Complete Colorado Colorado’s governor just made this statement “The market has made it clear, EVs (electric vehicles) are here to stay.” I agree with him. Electric cars, unlike 8-track tapes and rotary-dial phones, will continue to be available to consumers for a long, long time. Cool. But why he made the statement puzzles me. He did so while touting his decision that the state will increase one of its subsidies to buy a new EV from $6,000 to $9,000. Wait a second. Which one is it? Has the market made clear electric vehicles are “here to stay”? Or do we need to increase the EV subsidy by a third to keep its market alive? And it begs another question: If the state is in a budget crisis, why spend our very scarce money buying people cars instead...
Colorado Could See Thousands Furloughed if D.C. Gridlock Persists
kdvr.com, Approved, State

Colorado Could See Thousands Furloughed if D.C. Gridlock Persists

By Spencer Kristensen | KDVR FOX31 DENVER (KDVR) — The United States government has been shut down since Oct. 1, with Congress unable to agree on funding for 2026. On day eight of the shutdown, many federal agencies have deferred to contingency plans for funding, which means that many employees have been furloughed. Those employees will not receive a paycheck until a deal is struck, and might not receive backpay if a budget is approved. A study by SmartAsset, a financial advisory agency, estimated how many jobs will be affected in each state. SmartAsset described its methodology as follows: “SmartAsset ranked 50 states based on the estimated per-capita furloughs due to the October 2025 federal government shutdown. Data for federal employment comes from the FedScope Employmen...
GOP Gubernatorial Candidates Clash Over Medicaid Cuts and Budget Deficit
Colorado Politics, Approved, State

GOP Gubernatorial Candidates Clash Over Medicaid Cuts and Budget Deficit

By Marissa Ventrelli | Colorado Politics Nine Republican candidates for next year’s gubernatorial election participated in a debate Thursday night hosted by the Denver Press Club, where they faced questions on issues like the budget, cost of living, and Medicaid from moderators Marianne Goodland and Ernest Luning of Colorado Politics. Those candidates were: Sen. Mark Baisley of Roxborough Park, an engineer who was elected to the State Legislature in 2018 Bob Brinkerhoff, a retired State Trooper Jason Clark, an Army veteran from Centennial on his third run for governor Jon Gray-Ginsberg, an IT professional and cybersecurity specialist from Frisco Joshua Griffin, a former Colorado State University football player and Army veteran Kelvin “K-Man” Wimberly, an Oklahoma ...
Colorado Ballot Measures LL and MM Risk Wasting More Taxpayer Dollars
The Denver Gazette, Approved, Commentary, State

Colorado Ballot Measures LL and MM Risk Wasting More Taxpayer Dollars

By The Gazette Editorial Board | Commentary, The Denver Gazette As if Coloradans needed another reason to vote against the tax hikes of Propositions LL and MM — placed on this November’s ballot by our free-spending legislature — a new analysis released this week provides as good an argument as any. The Common Sense Institute’s latest report on the subject reminds us the fundamentally misguided state program that LL and MM are intended to bail out — “Healthy School Meals For All” — is a money pit. Adding tax dollars to it is like pouring water on quicksand. That harsh reality was inevitable from the time the free food giveaway was created in 2022. That was the year ruling Democrats at the legislature evidently got bored with providing free meals only to the low-income children who ...
PERA seeks legislation to push the next auto-adjust to 2044
The Colorado Sun, Approved, State

PERA seeks legislation to push the next auto-adjust to 2044

By Brian Eason | The Colorado Sun State pension officials plan to ask lawmakers to relax some provisions of Senate Bill 200 in order to provide financial relief to PERA’s members. For the first time since the state pension’s finances cratered in the early 2000s, the Colorado Public Employees’ Retirement Association is putting together a legislative proposal to bring some relief to its beleaguered members. At the pension board’s annual retreat in Colorado Springs earlier this month, pension officials offered a number of ideas to prevent — or at least delay — another round of automatic adjustments to the system’s finances. If the legislature agrees, the changes could spare retirees from additional cuts to their monthly pension checks, and stave off even higher payroll d...
Shutdown Impact in Colorado Small for Now But Storm Clouds Gather
Colorado Politics, Approved, State

Shutdown Impact in Colorado Small for Now But Storm Clouds Gather

By Marianne Goodland | Colorado Politics Colorado officials do not not expect to see major impacts on Colorado-run programs or its workforce for the first week of the federal shutdown, though the state stands to feel the strain, particularly if the stoppage goes into the second week or longer. Like other states, a big chunk of spending in Colorado is paid for with federal dollars. The state expects to receive approximately $14 billion in federal funding for the 2025-26 budget and almost every state agency sees some of that money. Indeed, numerous state programs heavily rely on federal funding. Already, the state has had to provide stopgap funding for one of them. Colorado lawmakers on Tuesday approved a one-month funding allocation of $7.5 million to cover the cost of con...
Ballot initiative filed to give priority to roads over transit funding in Colorado
Fox31, Approved, State

Ballot initiative filed to give priority to roads over transit funding in Colorado

By: Gabrielle Franklin | FOX31 Denver DENVER (KDVR) — The 2026 midterm elections are still over a year away, but people are already preparing for them. Several ballot Initiatives have been filed in hopes of bringing them to voters next year. Some big business groups in the state say it’s high time for Colorado to do something about its raggedy roads. They are looking into a proposal that would dedicate more money to solving the problem. “We did support Senate Bill 260 back in 2021 because it was the best deal available; that we could get some money into our highway system. We would be in worse shape today had we not passed Senate Bill 260 back in 2021, but looking over the last three of four years, it has not been enough,” said Tony Milo, CEO of the Colorado Contractors ...
Joint Budget Committee approves $2.8M in supplemental funding to address prison overcrowding
Colorado Politics, Approved, State

Joint Budget Committee approves $2.8M in supplemental funding to address prison overcrowding

By Marissa Ventrelli | Colorado Politics The General Assembly’s Joint Budget Committee has approved nearly $3 million in supplemental funding for the Colorado Department of Corrections to cover the cost of additional prison beds amid an ongoing crisis of prison overcrowding. Last month, DOC facilities reached a vacancy level of 3% for 30 consecutive days, prompting the governor to implement the Prison Population Management Measures established by a 2018 law. The measures include requiring the state’s parole board to compile a list of inmates with low-level offenses who are eligible for parole and can be released from DOC facilities to bring population numbers back down to more manageable levels. The issue of overcrowding in state prisons has been a growing concern f...
Colorado e-bike tax credits will be reduced by 50 percent in 2026
kdvr.com, Approved, State

Colorado e-bike tax credits will be reduced by 50 percent in 2026

By: Gabrielle Franklin | KDVR DENVER (KDVR) — Challenging economic times have hit many this year, including the state of Colorado. A popular program that helped more Coloradans get outside will have you paying more out of pocket next year. Tax credits for Colorado e-bikes are set to be reduced next year. That action, combined with other economic pressures, has small business owners concerned. Dan “DJ” Johnson of Cycle Erie said his business has been doing well this year.“It’s been a strong year for us. Not quite as strong as we hoped but it’s been good,” Johnson said about the year his business has had in 2025. He worries that uncertainty handed down from both the state and federal government could get in the way of the shop’s success next year. A $450 tax credit for ...

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