Posted inBusiness, Economy, Housing, News, Politics and Government

Colorado Democrats aim to quickly pass property tax relief to head off ballot measure from business group, conservatives

The debate over how to tackle rising property taxes is poised to dominate the final days of Colorado’s 2022 legislative session, as Gov. Jared Polis, Democratic lawmakers and Colorado Concern, a deep-pocketed business organization, hastily negotiate a plan to provide relief that’s sufficient but that doesn’t also deny local governments billions in future funding.  With […]

Posted inNews, Politics and Government

Steve Fenberg selected as next president of the Colorado Senate

Colorado Senate Democrats on Wednesday selected Sen. Steve Fenberg to be the chamber’s next president, a position in which the Boulder lawmaker will help steer the direction of the entire legislature. Fenberg had been serving as the Senate majority leader, the No. 2 position in the chamber. He was elected president by acclamation, without a […]

Posted inNews, Politics and Government

Colorado’s pension system missed out on millions after lawmakers parked cash in low-interest account

Colorado’s pension system missed out on millions of dollars in potential investment revenue as a result of lawmakers’ decision last year to park money in a low-interest bank account, according to an analysis by nonpartisan legislative staff.  The legislature set aside $380 million last year in a low-interest bank account to ensure the state could […]

Posted inNews, Politics and Government

Some failed Colorado congressional candidates still have lots of money in their campaign accounts. Here’s why.

When U.S. Sen. Cory Gardner, a Republican, lost his 2020 reelection bid, his campaign still had $1.2 million in the bank. Nearly a year later, most of the money was still there.  Gardner’s left over campaign cash isn’t unusual, however.  Two Democrats who dropped out of the same U.S. Senate contest last year still have […]

Posted inNews, Politics and Government

“Harassment, vitriol and violent threats”: Colorado’s top elections official is asking for security

The threats lobbed at Colorado Secretary of State Jena Griswold and her staff in recent months have been plentiful — and sometimes hauntingly specific.  “I KNOW WHERE YOU SLEEP,” one person wrote in an online message. “I SEE YOU SLEEPING. BE AFRAID, BE VERY AFRAID.” “I hope you die.” The vitriol has reached the point […]

Posted inEconomy, News, Politics and Government

Housing, workforce development, infrastructure: How Colorado Democrats plan to spend $3.8B in federal aid

Colorado Democrats on Monday unveiled the broad strokes of how they plan to spend $3.8 billion in federal coronavirus stimulus money being sent to state government, prioritizing affordable housing, workforce development and infrastructure projects. More than half of the money — $2 billion — will be allocated before the 2021 legislative session ends by June […]

Posted inBusiness, COVID, News, Politics and Government

Colorado governor signs $34 billion budget into law, setting aside historic reserves and funding $800M stimulus package

Gov. Jared Polis signed Colorado’s $34.1 billion fiscal year 2021-22 budget into law on Monday, restoring cuts made as the coronavirus crisis descended on the state last year while also saving a historic amount for future economic downturns. The Joint Budget Committee, the legislature’s budget-writing panel, had to contend with constantly changing tax-revenue projections that […]

Posted inBusiness, News, Politics and Government

8 big things you need to know about Colorado’s $34 billion state budget

Colorado lawmakers this week began debating the state’s $34.1 billion budget, which helps chart a path out of the coronavirus crisis and sets aside millions of dollars for equity-related initiatives and a historic sum for future economic downturns. The legislature was able to reverse funding cuts made as the pandemic descended upon the state last […]

Posted inEducation, News, Politics and Government

Colorado’s 2022 budget boosts K-12 spending, reverses higher ed cuts

By Jason Gonzales and Erica Meltzer, Chalkbeat Colorado Colorado’s $34.1 billion proposed state budget restores deep cuts made last year to K-12 and higher education, provides more money to help students who have traditionally struggled to complete college, and creates a substantial reserve for K-12 schools that could lay the groundwork for future reforms — if […]