Tag: Legislative Council
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Colorado revenue forecast worsens, pushing budget shortfall to nearly $1.5B
The latest revenue forecasts from economists at the state Capitol show that the state’s budget predicament has worsened — by hundreds of millions of dollars more. That, in turn, means cuts programs and services in next year’s fiscal budget will go much deeper. The state’s fiscal predicament also means no refunds for Colorado residents. Economists…
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Colorado’s fiscal future continues to be clouded by tariffs, revenue drops and recession fears
State economists on Monday presented continuing data that shows a weakened economic outlook for Colorado and continued risks for a near-term recession. The Joint Budget Committee, comprised of six lawmakers from the General Assembly who annually craft the state budget, saw at least some encouraging signs. The committee’s four Democrats lauded last month’s special session,…
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Public health emergency provisions still in effect at state Capitol for 2022
Public health provisions put in place to allow the Colorado General Assembly to operate during the COVID-19 pandemic will still be in effect when lawmakers convene later this week for the 2022 legislative session. A memo released by Legislative Council, which staffs committee hearings, said members of the public can participate in those hearings by either…
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December economic forecasts show the pandemic still affecting state economy
The COVID-19 pandemic “remains in the driver seat” for Colorado’s economic outlook, according to economic and revenue forecasts presented to the Joint Budget Committee Friday. That’s raising concerns about labor force participation, inflation and the impact on state spending. Still, Colorado’s economy continues to recover, Legislative Council economists said, including a continued decline in the…
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More redistricting commissioners in Colorado selected, new delays predicted
Facebook Twitter WhatsApp SMS Email Print Copy article link Save Commissioners for Colorado’s first independent citizens redistricting commissions continue to be selected from thousands of applicants, with two Republicans, two Democrats and two nonparty-affiliated voters selected Friday for the legislative redistricting commission. Eventually there will be four Republicans, four Democrats and four unaffiliated commissioners on…