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 […]
negative factor
Posted inEducation, News, Politics and Government
A guide to how Amendment 23, “the budget stabilization factor” and “the negative factor” shape education spending in Colorado
The fight over school funding in Colorado has become one of the state’s most consequential political battlegrounds, a defining issue in elections and governance from the local level all the way up to the governor’s office. But following the debate can be difficult. Lurking behind every fight over teacher pay and four-day school weeks is […]
Posted inPolitics and Government
Colorado’s state budget drives decisions that affect us all, but it’s long and complicated. We’re here to help.
Schools, roads, parks. The cost of college and health care. How much you pay in taxes. No matter what issue you care about in Colorado, chances are the state budget plays a large role in its fate. The good news: following the budget process from home is easier than ever thanks to live-streamed government meetings […]
Posted inBusiness, Education, Politics and Government
Colorado lawmakers are looking at how to close a $3 billion budget shortfall. Here’s the roadmap.
The impact of the coronavirus pandemic on the $30 billion-plus state budget begins to take shape this week as lawmakers consider massive spending cuts. How much tax revenue Colorado will lose to the paralyzed economy remains uncertain, but the governor’s budget office is projecting $3 billion in lost revenue for the current fiscal year and […]
Posted inBusiness, Health, Politics and Government
The Capitol is shutdown, but Colorado lawmakers are crafting legislation to address coronavirus
Even with the Capitol closed indefinitely and the legislative session in limbo, Colorado lawmakers are working behind the scenes on legislation to address the new coronavirus outbreak. One of the new priorities includes action to accelerate a pay hike for Colorado National Guard members activated in response to the spread of the COVID-19 virus. Gov. […]
Posted inEducation, Politics and Government
Colorado schools will get more money thanks to new estimates. And homeowners can expect to pay more.
Colorado homeowners can expect a double whammy on their next property tax bill: higher taxes driven by rising home values, and little relief from a constitutional provision designed to help. On the other hand, booming home and industrial property values will mean more money for school districts, local governments and special districts that rely on […]