Categorized | Budget, Featured Stories

State’s Budget Is Gloomier To Tune Of $40 Million

STATE BILL COLORADO
This year’s General Fund shortfall has grown $39.9 million to $600.6 million, state economists told the Legislative Council, a committee of top legislative leaders.
But there are hopeful signs, economist Natalie Mullis told legislators. Jobs are being created in a temporary services category that’s an early indicator of recovery. Also, consumer spending is trending up.
State revenue will actually grow this year, but money available to be spent is down.
The council’s entire report is published below.

Economic and Revenue Forecast December

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