Summary of Major Legislation Summary of 2025 Capital Construction Legislation During the 2025 legislative session, the General Assembly considered a number of bills affecting funding for capital construction and the duties of the Capital Development Committee (CDC). Release date: 2025-06-09 Publishing Agency: Legislative Council Staff Subjects: Capital Construction State Government State Revenue & Budget Download
Budget Related Publications Appropriations Report Fiscal Year 2024-25 The Appropriations Report summarizes the final action of the General Assembly and the Governor on the budget and other legislation passed during the previous legislative session that contained an appropriation of moneys. Release date: 2024-07-23 Publishing Agency: Joint Budget Committee Staff Subjects: State Revenue & Budget Download
Budget Related Publications Forecast June 2025 Focus Colorado presents forecasts for the economy and state government revenue through FY 2026-27. Implications of the forecast for the state's General Fund budget and spending limit are described in the report's highlights and executive summary sections. The report is based on current law, legislation passed by the General Assembly affecting the forecast is described throughout the report. Release date: 2025-06-17 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications Forecast June 2024 Focus Colorado presents forecasts for the economy and state government revenue through FY 2024-25. Implications of the forecast for the state's General Fund budget and spending limit are described in the report's highlights and executive summary sections. The report is based on current law, legislation passed by the General Assembly affecting the forecast is described throughout the report. Release date: 2024-06-20 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications Legislative Requests for Information FY 2025-26 Release date: 2025-07-16 Publishing Agency: Joint Budget Committee Staff Subjects: State Revenue & Budget Download
Budget Related Publications Forecast June 2025 Updated with OBBBA Impacts This forecast update presents forecasts for the economy and state government revenue through FY 2026-27. Implications of the forecast for the state's General Fund budget and spending limit are described in the report's highlights and executive summary sections. The report is based on current law, legislation passed by the General Assembly affecting the forecast is described throughout the report. Release date: 2025-07-30 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications Appropriations Report Fiscal Year 2025-26 Release date: 2025-08-02 Publishing Agency: Joint Budget Committee Staff Subjects: State Revenue & Budget Download
Session Related Publications Fiscal Note Common Policies (Summary) This summary document provides an overview of the common policies for the 2026 legislative session. It highlights key dates, policies, and commonly used cost assumptions. Release date: 2025-08-13 Publishing Agency: Legislative Council Staff Subjects: General Assembly State Revenue & Budget Download
Session Related Publications 2026 Fiscal Notes Common Policies This memorandum describes the common policies for submitting a fiscal note response to the Legislative Council Staff, and the standard costs to be used in estimating the fiscal impact of legislation considered during the 2026 legislative session. Release date: 2025-08-13 Publishing Agency: Legislative Council Staff Subjects: General Assembly State Revenue & Budget Download
Staff Publications Demographic Notes Procedures Release date: 2025-08-27 Publishing Agency: Legislative Council Staff Subjects: State Revenue & Budget Download
Budget Related Publications Appropriations Report Fiscal Year 2025-26 The Appropriations Report summarizes the final action of the General Assembly and the Governor on the budget and other legislation passed during the previous legislative session that contained an appropriation of moneys. Release date: 2025-08-27 Publishing Agency: Joint Budget Committee Staff Subjects: State Revenue & Budget Download
Staff Publications Fiscal Note Reports (2024) Fiscal Note Data Reports show the fiscal impact of all legislation currently pending before the General Assembly, based on the most recent published fiscal note. Updated reports will be posted on this page approximately weekly during the legislative session. After session, final data will be posted. The data reports are contained in an Excel spreadsheet with each report located on a separate tab. Data in each report is in a sortable/filterable table. Included reports include: Release date: 2024-04-26 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes General Assembly State Revenue & Budget Download
Staff Publications School Finance Handbook (2024) The purpose of this publication is to help readers understand how Colorado finances its public elementary and secondary schools. The major focus is an explanation of the funding formula included in the Public School Finance Act of 1994, including amendments made to the act in 2019. Several illustrations are provided to help readers calculate funding under the formula. The booklet also describes several other provisions of law that relate to school district funding. These provisions include a description of revenue that is earmarked for specific functions, other local Release date: 2024-04-18 Publishing Agency: Legislative Council Staff Subjects: Education & School Finance (Pre & K-12) State Revenue & Budget Download
Budget Related Publications Forecast September 2025 Focus Colorado presents forecasts for the economy and state government revenue through FY 2026-27. Implications of the forecast for the state's General Fund budget and spending limit are described in the report's highlights and executive summary sections. The report is based on current law, legislation passed by the General Assembly affecting the forecast is described throughout the report. Release date: 2025-09-22 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications Economic Outlook Presentation September 2025 Legislative Council Staff economic outlook presentation to the Joint Budget Committee. Release date: 2025-09-22 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications FY 2024-25 Budget Package and Long Bill Narrative The Long Bill Narrative, which is the annual appropriations act, is prepared by staff to explain funding decisions recommended by the JBC to the rest of the General Assembly. This document is a companion document to the actual Long Bill. The narrative outlines budget changes based on the introduced version of the Long Bill. Release date: 2024-04-02 Publishing Agency: Joint Budget Committee Staff Subjects: State Revenue & Budget Download
Staff Publications Fiscal Notes for Legislation Included in the FY 2024-25 Long Bill Budget Package This packet includes fiscal notes for bills introduced with the FY 2024-25 Long Bill, including HB 24-1385 through HB 24-1428. Fiscal notes for these bills are also be available individually on each bill page on the General Assembly website. Release date: 2024-03-26 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes General Assembly State Revenue & Budget Download
Budget Related Publications Forecast March 2024 Focus Colorado presents forecasts for the economy and state government revenue through FY 2024-25. Implications of the forecast for the state's General Fund budget and spending limit are described in the report's highlights and executive summary sections. The report is based on current law, legislation passed by the General Assembly affecting the forecast is described throughout the report. Release date: 2024-03-15 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications 2025/2026 JBC Schedule This is the Joint Budget Committee's schedule. Please check this document regularly for schedule updates. Release date: 2025-10-23 Publishing Agency: Joint Budget Committee Staff Subjects: State Revenue & Budget Download
Staff Publications 2024 Tobacco Master Settlement Agreement Forecast Colorado receives annual payments from tobacco manufacturers as part of the Tobacco Master Settlement Agreement (MSA). In April 2023, the state received $93.1 million, which was used to determine distributions to MSA-funded programs for the current FY 2023-24. Release date: 2024-02-09 Publishing Agency: Legislative Council Staff Subjects: Liquor, Tobacco, & Marijuana State Revenue & Budget Download
Budget Related Publications CY 2024 for FY 2023-24 Supplemental Narrative The Supplemental Narrative is prepared by the staff to explain proposed adjustments to prior year appropriations recommended by the JBC to the rest of the General Assembly. This narrative describes all of the proposed budget changes statewide, by department, and by program, and provides detailed calculations of the spending and revenue limits. This explanation does not reflect any subsequent changes to the Supplemental Bills as they are amended by the Senate or House of Representatives. Release date: 2024-02-05 Publishing Agency: Joint Budget Committee Staff Subjects: State Revenue & Budget Download
Budget Related Publications Forecast December 2023 Focus Colorado presents forecasts for the economy and state government revenue through FY 2023-24. Implications of the forecast for the state's General Fund budget and spending limit are described in the report's highlights and executive summary sections. The report is based on current law, legislation passed by the General Assembly affecting the forecast is described throughout the report. Release date: 2023-12-20 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Staff Publications Funding Mechanisms and Fiscal Notes This memorandum is intended for use by policymakers, legislative drafters, and budget analysts to understand the different funding mechanisms that may be used in legislation. It describes how different funding mechanisms in legislation impact the state budget and how they are shown in fiscal notes. These funding mechanisms include appropriations, transfers, diversions, and warrants on state funds, as well as fee revenue and gifts, grants, or donations. The memorandum concludes with a list of funding mechanisms for which voter approval is required. Release date: 2023-11-07 Publishing Agency: Legislative Council Staff Subjects: General Assembly State Revenue & Budget Download
Staff Publications Dynamic Modeling A dynamic model attempts to quantify the downstream effects of a policy change throughout the economy. Legislative Council Staff (LCS) does not conduct dynamic modeling, which means that fiscal notes and other analyses are limited to the scope of legislation's direct impacts and, in some cases, direct behavioral effects. This memorandum explains the difference between direct, behavioral, and dynamic effects of policy changes and current LCS practices in analyzing these impacts Release date: 2023-10-10 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Staff Publications Dynamic Modeling A dynamic model attempts to quantify the downstream effects of a policy change throughout the economy. Legislative Council Staff (LCS) does not conduct dynamic modeling, which means that fiscal notes and other analyses are limited to the scope of legislation’s direct impacts and, in some cases, direct behavioral effects. This memorandum explains the difference between direct, behavioral, and dynamic effects of policy changes and current LCS practices in analyzing these impacts. Release date: 2023-10-10 Publishing Agency: Legislative Council Staff Subjects: State Revenue & Budget Download