Democratic Gov. John Hickenlooper told lawmakers Colorado faces fiscal challenges in the coming years, but he stopped short of directing them to go to voters to allow the state to keep budget surpluses that must be refunded.
Gov. John Hickenlooper’s annual State of the State address Thursday is likely to highlight Colorado’s economic prosperity during the past four years, and focus on looming budgetary challenges because of constitutional spending limits.
While it might be a challenge, if state lawmakers can arrive at a simple and basic idea, they might have a shot at keeping the TABOR funds set to be refunded.
Colorado is waiting for word from the U.S. Supreme Court on a challenge to its taxing limits.
Colorado lawmakers are preparing to debate tax refunds during what’s expected to be a packed legislative session where resolving complicated issues will be more challenging with each major party controlling a chamber of the Statehouse.
Colorado lawmakers may have to refund money to taxpayers sooner than they initially expected.
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.
DENVER (AP) – Colorado Democrats emerged from the 2014 elections battered and bruised, losing the state Senate for the first time in 10 years and having a slimmer margin of power in the House than […]
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.