The Colorado House will debate a $20.5 billion budget that includes increases for schools, colleges, and pay for state employees.
Next year’s budget for Colorado has passed the state Senate with funding increases for public schools, higher education, and money for construction projects at colleges and state buildings.
Colorado lawmakers will debate next year’s spending plan as the improving economy and increasing tax receipts give them more money to spend on education and raises for state employees.
Gov. John Hickenlooper told lawmakers Wednesday to remain cautious while preparing the state budget because Colorado’s economic recovery could be impacted by federal cuts and worldwide forces.
Colorado lawmakers are finalizing the last details of a $7.4 billion spending plan for next fiscal year before sending the appropriately dubbed “Long Bill” to the governor.
Colorado senators turned a final budget vote Thursday into a pep rally of sorts as lawmakers from both parties heaped praise on the $7.4 billion spending plan for next year.
Colorado’s Senate is taking a final vote Thursday on the state’s $7.4 billion spending plan for next year.
The Colorado House approved a $7.4 billion spending plan Thursday, turning what many believed would be an acrimonious process into an unusually jovial time as they kept funding for schoolchildren at the same level as last year and returned a property tax break for seniors.
Lawmakers preparing Colorado’s budget this year are negotiating a territory packed with political land mines.
Gov. John Hickenlooper wants to restore $89 million in funding to public schools because state revenues are expected to be higher than originally thought.