Publication Library
Publications Tagged With "state budget"
Colorado $2.2 billion below 2008 budget; more than $7 billion in investments lost since then
Colorado has a long way to go to recover from the cuts in services that have occurred in recent years. Although recent forecasts b...
Changes to 2011-12 state budget relatively minor, yet Coloradans with low incomes still get pinched
The package of amendments to the 2011-12 state budget that the Colorado General Assembly will consider in the coming days includes...
Minor improvement to state revenue expected as Colorado braces for more service cuts in 2012
State economists provided a bit of Christmas cheer Tuesday as they told legislative budget writers that slow but steady improvemen...
More state budget cuts looming as economists lower estimates for tax revenue for 2012-13
Colorado faces another round of potentially deep budget cuts in the 2012-13 fiscal year as the Colorado Legislative Council Staff ...
Forecasted slow economic growth does not solve the challenges facing families across the state
Colorado’s Legislative Council Staff (LCS) released its quarterly revenue projections and economic forecast on June 20. Acco...
Proposed 2011-12 state budget contains deep cuts to services along with unwarranted tax giveaways
Public services across Colorado would be scaled back sharply under a plan to balance the state budget that legislative leaders pro...
The shortfall between revenue and demand for state services approaches $2 billion next year
Recent news from state officials that modest increase in revenue will mitigate the degree of budget cuts for the upcoming year, 20...
Hickenlooper's proposed budget cuts would cost thousands of jobs; solution can come from voters
The budget-balancing plan offered by Gov. John Hickenlooper last month relies heavily on cuts to public schools and will result in...
The Colorado Budget Primer
The Colorado Budget Primer is a detailed explanation of how the state's budget is formed, the major players in the process, essent...
Forecast shows more cuts to vital services will be necessary in 2011, threatening state’s economy
The projections for state revenue released today by the Colorado Legislative Council staff underscore the long-term revenue crisis...
2011-12 budget presents a test for new leadership: Don’t fail Colorado communities
Gov. Bill Ritter’s 2011-12 budget proposal offers an outline for a fourth year of cuts that will continue straining services...
Coloradans rejected attacks on their communities and voted to invest in vital public services
Despite the anti-tax sentiment some pundits and media outlets report is sweeping the nation during the economic downturn, Colorado...
Falling revenues will lead to deeper cuts this year, while an even bigger crisis looms in 2011-12
The September revenue projections produced by the Colorado Legislative Council staff (LCS) and the governor’s Office of Stat...
Projected revenue decline underscores the crisis facing Colorado families and lawmakers
The Colorado Legislative Council staff released a report today that projects the continuing slow economic recovery will further ag...
General Fund revenue the same as nine years ago, but state is serving 700,000 more Coloradans
It’s like managing a family budget when the kids need braces, the roof needs repair, another baby’s on the way, and yo...
Referendum C continues to cushion vital public services from the worst effects of recessions
Colorado voters in 2005 approved Referendum C, a measure that allowed the state government to preserve key investments in public s...
Colorado’s revenue crisis projected to force a fourth round of deep cuts to services in 2011-12
The budget crisis gripping Colorado shows no signs of letting up, and Colorado’s shortage of revenue will hurt the state bud...
Colorado government making significant progress in accountability and transparency
Colorado lawmakers took key steps this year to boost transparency and accountability, further enhancing the citizens’ abilit...
Failure to extend additional Medicaid funding would damage a range of vital public services
The U.S. House of Representatives failed to extend additional federal funding for Medicaid last week. States have relied on this a...
Colorado lawmakers made tough choices amid a punishing recession; more challenges are ahead
2010 FISCAL LEGISLATIVE REVIEW Colorado lawmakers confronted tough choices during the 2010 legislative session that ended Wednesda...
Great Recession continues to threaten services
Three clear messages emerged from the nonpartisan Legislative Council’s projections of Colorado revenue released March 19. F...
The next round of budget cuts
Colorado’s most vulnerable residents are at risk if the recession continues to hammer vital public services As the General A...
Revenue Options proposed by Governor Ritter For Fiscal Year 2010-2011
A bullet-point listing of measures Gov. Bill Ritter proposed to raise additional revenue during the 2010 legislative session. Rele...
The Colorado Budget Primer
A detailed look at the nuts and bolts of Colorado's budget, how it's created and implemented, legal restrictions, key terms and po...
Revenue Options proposed by Governor Ritter For Fiscal Year 2010-2011
Accompanying dollar amount is expected revenue generated annually by implementation of the proposal. Information taken from FY 201...
Options beyond cuts
A slideshow presentation from the 2010 Budget Works event sponsored by the Colorado Fiscal Policy Institute setting out optio...
December 2009 Revenue Projections
On December 18th, Colorado’s Legislative Council released its quarterly analysis of Colorado’s economy along with reve...
September Revenue Projection and the Colorado State Budget
On September 21, the Legislative Council economics staff released their quarterly analysis of the Colorado economy and the revenue...
The High Cost of Cutting Services: A detailed look at selected state budget cuts
On August 18, 2009, Governor Ritter announced $318 million in budget cuts designed to bridge a growing shortfall in this year&rsqu...
Looking forward: Colorado's fiscal prospects amid a financial crisis
This report projects the amount Colorado would need to spend to maintain state services at 2007 levels through fiscal year 2012-13...
2009 state budget legislative review
Over the course of the 2009 legislative session, the General Assembly shaped the FY09-10 budget to reflect a dramatic 12% decrease...
CCLP and COFPI Budget Update
On Friday, April 17th, the Colorado House of Representatives passed an amended version of the Long Bill. Refusing to cut $300 mill...
March Revenue Projection and the Colorado State Budget
On March 20th, Legislative Council staff released their quarterly economic projections. Each quarterly projection gives direction ...
Support SB 228 Sponsored by Sen. Morse, Rep. Marostica, and Rep. Court; don't artificially extend Colorado's recession
Making this Change Now Will Help Colorado Recover from the Recession Colorado headed into this recession already vulnerable becaus...
How Can Colorado Maximize Federal Stimulus Dollars? Eliminate the 6%
Making this Change Now Maximizes the Effects of Federal Stimulus DollarsCongress is poised to pass a large economic stimulus plan ...
Frequently Asked Questions: The 6% Directive
Does eliminating the Arveschoug Bird 6% provision raise taxes?No. Eliminating the 6% provision does not in any way affect taxes no...
How the 6% Arveschoug-Bird Directive Works
The 6 percent Arveschoug Bird General Fund Appropriations provision dictates how Colorado can appropriate General Fund dollars. In...
COFPI Statement on December Revenue Forecast
The Colorado Legislative Council announced today that the state faces a $631 million shortfall—or about 9 percent of the Gen...
Governor’s Budget Request FY 2009-2010
On Thursday, November 13th, Governor Bill Ritter presented his proposed budget for FY 2009-2010 to the Joint Budget Committee. Not...
FACT SHEET: Revenue Projections
On Monday September 22, Legislative Council Staff released the quarterly Economic and Revenue Forecast, 2008-2012. The news was no...
Budget 2008 Legislative Session
Funding constraints kept bold plans on hold. Small steps were taken in terms of transparency, process and healthcare. Unfortunatel...
June 2008 Revenue Projections
On June 23, 2008, Legislative Council presented the June 2008 quarterly revenue projections. The June revenue forecast reviews not...
Long Bill Update
Since last December, with a slowing economy and expected reduction in state income receipts, Legislative Council decreased its fiv...
March Revenue Projections
On March 20, 2008, Legislative Council Chief Economist Mike Mauer presented the quarterly revenue projections for March 2008. The ...
How a fresh take on Arveschoug-Bird can change Colorado’s fiscal landscape
TABOR was approved by voters in 1992. As a result, growth in state spending was limited to inflation plus percentage change in sta...
Looking Forward: Colorado's fiscal prospects after Referendum C
In November 2005, Colorado voters passed Referendum C, giving the state a five-year “timeout” from the revenue limits ...
Restored, New and Increased Programs in the Colorado State Budget Following the 2001 Recession
This paper examines the extent to which the revenue that the State of Colorado was able to retain under Referendum C, passed by vo...
March 2007 Revenue and Economic Forecast
The changes in revenues forecast for the coming 5 years, although modest, reflect events in the national and state economy that be...
Creating a Colorado Kind of Rainy Day Fund
HB 071302 increases the statutory general fund reserve amount up to 8% in increments of .5%. Beginning in FY 0708 the reserve woul...
The Colorado Economic Recovery Act
The General Assembly and the Governor developed the Colorado Economic Recovery Act as a means to avoid further cuts in important p...
Strong general fund growth leads to more money for roads and capital construction
The most recent Legislative Counsel revenue estimate predicts significant General Fund revenue growth in FY 2005-06 with most of t...
March Revenue Projections – Trends After Six Months
On March 20 Legislative Council Chief Economist Mike Mauer presented the quarterly revenue projection for March 2006. The March fi...
Colorado's fiscal problems have been severe and are likely to continue
In a time of great fiscal stress for states, Colorado has been depicted in some quarters as an oasis of sound budgeting and fiscal...