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Colorado Budget Nears Final Lap

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(credit: ThinkStock)

(credit: ThinkStock)

DENVER (AP) — Colorado’s Senate is taking a final vote Thursday on the state’s $7.4 billion spending plan for next year.

The budget has already passed the House, and disagreements between the chambers are minimal. That means Colorado seniors are all but certain to get property tax relief next year. And public schools could see their first year without additional state budget cuts after three years of cuts.

The budget includes a retooling of the governor’s energy office, $3 million to increase tax incentives for film production, and the closure of a solitary confinement prison in southern Colorado.

After the final Senate vote, budget writers will have to rectify small differences between before sending the budget to the governor’s desk.

(© Copyright 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten or redistributed.)

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