Colorado’s economy is growing, and government officials are getting more comfortable asking the state for help with their funding needs after years of budget cuts.
Colorado residents will get tax refunds because the state’s improving economy means government is collecting more revenue than it is allowed to keep under the voter-approved Taxpayer Bill of Rights.
Gov. John Hickenlooper is unveiling his Colorado budget proposal for next year, and a big question is how the state plans to refund excess state revenue to taxpayers.
Gov. John Hickenlooper signed next year’s Colorado budget on Wednesday, increasing dollars for schools and colleges, boosting the state’s rainy day fund, and spending money for a state-owned aerial fleet to try to spot wildfires sooner.
A $21 million plan for Colorado to buy an aerial firefighting fleet designed to spot and attack wildfires faster has won initial approval in the Senate.
The state House has passed a bill to provide more college scholarships.
Colorado’s rainy day fund will grow again with a bill signed into law by Democratic Gov. John Hickenlooper.
Colorado budget-writers are nearing a decision on how new marijuana taxes should be spent.
Lawmakers approved a $23 billion budget for Colorado next year, sending to the governor a spending plan that increases money for public schools, colleges, and funds an aerial firefighting fleet.
A $23 billion state budget passed the Colorado Senate with increased funding for education, a bigger rainy day fund, and money for an aerial firefighting fleet.