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Isolated thunderstorms early, then partly cloudy after midnight. Low 46F. Winds NW at 10 to 15 mph. Chance of rain 40%. Updated: June 1, 2021 @ 4:25 pm
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Sens. Dominick Moreno, D-Commerce City, and Chris Hansen, D-Denver, participate in the second-reading amendment process for Senate Bill 205, on April 8, 2021. ((Faith Miller/Colorado Newsline))
May 3, 2021
Though the COVID-19 pandemic is still raging in Colorado despite increasing vaccination and thousands remain unemployed, the immediate future looks bright for the state s budget.
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The Colorado General Assembly finalized the $34.1 billion 2021-2022 budget on April 30, with last-minute additions for gray wolf reintroduction, short-term cash assistance and bullying prevention efforts. If the budget package is signed by Democratic Gov. Jared Polis it would constitute an 11% increase in spending over the current year.
That s a far cry from the belt-tightening forced by the pandemic last spring, when lawmakers on the Joint Budget Committee were expecting a prolonged economic downturn. But this year, between higher-than-expected sales and income tax revenue, and
The Colorado General Assembly finalized the $34.1 billion, 2021-2022 budget on April 30, with last-minute additions for gray wolf reintroduction, short-term cash assistance and bullying prevention efforts. If the budget package is signed by Governor Jared Polis, it would constitute an 11 percent increase in spending over the current year.
That’s a far cry from the belt-tightening forced by the pandemic last spring, when lawmakers on the Joint Budget Committee were expecting a prolonged economic downturn. But this year, between higher-than-expected sales and income tax revenue, and a forthcoming influx of federal coronavirus relief money, legislators almost had more money than they knew what to do with, to quote Senator Dominick Moreno, a Commerce City Democrat who s the JBC chair.