budget
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Colorado lags others states on share of federal dollars
Colorado gets a smaller share of its state budget from federal dollars than all but a few western states, a new report says. Federal grants accounted for 30.6 percent of Colorado state revenue in fiscal year 2016, according to the report from The Pew Charitable Trusts. In the West, only Kansas (23 percent), North Dakota…
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State of Colo. boosts savings to $730M (but it may not be enough)
Thanks to a boost from a recent tobacco industry settlement, the state of Colorado plans to sock away an extra $90 million next year in its reserves. But by one credit rating agency’s analysis, it’s still woefully unprepared for the next economic downturn. In the waning days of the 2018 legislative session, which ended May…
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This Week at the Capitol: April 9-13
Here are the legislative committee hearings of note for the week ahead at the Colorado Capitol. Committee schedules are subject to change. The daily schedule is available on the legislature’s website. Click here and scroll down to committee hearings to listen online. MONDAY Colorado Independent Ethics Commission, 9 a.m., Colorado Judicial Building, Room 1CThe commission is expected…
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How Colorado’s congressional delegation voted this week
H.J.Res. 99: Making further continuing appropriations for fiscal year 2017, and for other purposes This was a vote to pass H.J. Res. 99 in the House. The House passed a resolution Thursday night to continue federal spending at last year’s levels while Congress wrangles over a new budget. The only other alternative was a government…
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Hickenlooper seeks more money for transportation and rural K-12
Rural schools could get an additional $30 million, on top of the $30 million granted through a 2017 bill, under a revised budget proposal submitted by Gov. John Hickenlooper Tuesday. The money would come from higher taxes Coloradans will pay under the Tax Cuts and Job Act recently signed into law by President Donald Trump.…
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Hickenlooper’s budget focuses on PERA, K12, higher-ed funding
Gov. John Hickenlooper on Monday laid out his budget wishlist with the six members of the Joint Budget Committee, focusing on increased funding for K-12 and higher education, boosting the state’s reserve and finding a way to bail out (again) the Public Employees’ Retirement Association (PERA). The state budget, as proposed by Hickenlooper, is $28.5…
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Trump budget threatens national lab in Golden, but NREL advances continue
GOLDEN – The National Renewable Energy Laboratory has 40 years of history behind it, but walking through its sprawling Front Range campus one can’t help but think 40 years into the future. Solar cells that can be spray-painted onto windows or printed at a Home Depot; power grids that can take in a wide portfolio…
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Colorado’s economy is booming, though some constraints could be coming
Colorado’s economy has grown for the past eight years since the economic downturn, and it’s on a path towards the longest expansion in the state’s history, lawmakers heard Tuesday. State budget writers received an update from the governor’s office and legislative staff on the June revenue forecast for the state. Colorado is currently in its…
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Hamner: 2017 legislative session was a productive one for Colorado
With the 2017 session of the Colorado General Assembly behind us, I am enjoying being back in my district and having some time to reflect back on the legislative session. From Jan. 11 to May 10, my colleagues and I worked very hard to find compromise on some very important issues, and as a result,…