Colorado has reached the era of budget surpluses after years of deficits. But state constitutional spending restrictions mean those surpluses set up an ideological battle between Democrats and Republicans.
Democratic Gov. John Hickenlooper has signed Colorado’s $25 billion budget for next year, which sends more money to schools and refunds to taxpayers because the state is collecting more money than it can keep.
Colorado’s $25 billion budget for next year, which includes money for taxpayer refunds and more funding for education, is about to become official.
The budget, reining in ballot measures, education turmoil and a pricey road plan are among the tops being discussed this week at the state Capitol.
A $25 billion Colorado budget with taxpayer refunds and more funding for education is headed to the governor’s desk after state lawmakers gave final approval to the spending plan Friday.
The Democrat-controlled House approved a $25 billion budget Thursday that includes funding increases for education, transportation, and money earmarked for surplus tax refunds – a sign of the state’s continuing economic gains.
The Colorado House started debate on the state’s $25 billion budget for next year by considering nearly 40 amendments.
Among the topics keeping Colorado lawmakers busy this week are the budget, penalties for marijuana concentrates and gay conversion therapy.
Colorado’s $25 billion budget for next year passed the Senate Thursday with nearly every Democrat voting no because ruling Republicans rejected funding for some of their ideas.
Most of Colorado’s $25 billion budget for next year is already set in stone, but lawmakers will get a chance to make minor tweaks before they approve it and send it to the governor later this month.