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Colorado’s $40.6 Billion budget is nearing final passage. Here’s what’s in it.
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Approved, State, The Colorado Sun

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. READ THE ...
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Colorado lawmakers adopt cuts, hard choices as state faces $170 million budget shortfall
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Approved, coloradopolitics.com, State

Colorado lawmakers adopt cuts, hard choices as state faces $170 million budget shortfall

By Marianne Goodland | Colorado Politics Between March 15 and March 21, the six members of the Joint Budget Committee — the group of lawmakers in charge of drafting Colorado's spending plan — found themselves with a problem. With just over a week before the introduction of the state's 2024-25 budget, new revenue forecasts showed they had a hole to plug, with estimates ranging from $160 million to $225 million, depending on which forecast was used. Unlike the federal government, Colorado's budget drafters must come up with a balanced budget. READ THE FULL STORY AT COLORADO POLITICS
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