Staff Publications 2019 Tobacco Master Settlement Agreement Payment Forecast Colorado receives annual payments from tobacco manufacturers as part of the Tobacco Master Settlement Agreement (MSA). In April 2018, the state received $177.3 million, including a one‑time payment of $113.3 million pursuant to the Nonparticipating Manufacturers Adjustment Settlement Agreement, a supplementary legal agreement that Colorado signed in 2018. Release date: 2019-01-29 Publishing Agency: Legislative Council Staff Subjects: Liquor, Tobacco, & Marijuana State Revenue & Budget Download
Final/Annual Reports 2018 Capital Development Committee Final Report The purpose of the CDC final report is to provide annual and historical information on the capital development process. The 2018 final report provides a complete summary of all capital construction and controlled maintenance appropriations during the 2018 session. A five-year history and three-year forecast of capital project funding are also included. The report concludes with a description of other actions taken by the CDC in FY 2017-18, and a summary of 2018 legislation enacted by the General Assembly that impacts capital development funding or the capital development process. Release date: 2019-01-08 Publishing Agency: Legislative Council Staff Subjects: Capital Construction State Revenue & Budget Download
Final/Annual Reports 2018 Joint Technology Committee Final Report The purpose of the Joint Technology Committee (JTC) final report is to provide annual and historical information on the information technology (IT) capital budget request process. The 2018 final report provides a complete summary of all IT capital construction appropriations during the 2018 session. The report concludes with a description of other actions taken by the JTC in 2018. Release date: 2019-01-07 Publishing Agency: Legislative Council Staff Subjects: State Revenue & Budget Telecommunications & Information Technology Download
Staff Publications 2025 Fiscal Note Response Form – Institutions of Higher Education The purpose of this form is to collect fiscal assessments, including impacts to specific funding sources, for higher education based on legislation. Release date: 2025-01-03 Publishing Agency: Legislative Council Staff Subjects: General Assembly State Revenue & Budget Download
Budget Related Publications Understanding the State Budget - The Big Picture Each year, the General Assembly is tasked with balancing constitutional, statutory, and federal requirements with a host of other considerations, such as competing policy priorities, caseload pressures, and the health of the state’s economy, in order to create a budget. This document is intended to serve as a primer on Colorado’s budget and some of the factors that help shape it. Release date: 2023-01-24 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications Forecast September 2018 Focus Colorado presents forecasts for the economy and state government revenue through FY 2020-21. 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: 2018-09-20 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Issue Briefs State and Local Government as a Proportion of the State Economy (2014) This issue brief provides information on the relative size of state and local governments, compared with the total state economy. Government expenditures are represented as a percentage of the state's gross domestic product (GDP). In Colorado, stategovernmentexpendituresarebelowthenational average,whilelocal expendituresexceedthenational average Release date: 2014-08-11 Publishing Agency: Legislative Council Staff Subjects: State Revenue & Budget Download
Issue Briefs Senate Bill 18-001, Concerning Transportation Infrastructure Funding (18-15) Senate Bill 18-001, enacted during the 2018 legislative session, is a significant piece of transportation funding legislation. SB 18‑001 commits state General Fund revenue for transportation projects and establishes financial mechanisms to address the passage or failure of transportation‑related ballot measures. This issue brief summarizes the most important features of this law. Release date: 2018-09-28 Publishing Agency: Legislative Council Staff Subjects: State Revenue & Budget Transportation & Motor Vehicles Download
Summary of Major Legislation Summary of State Budget Legislation The General Assembly considered several bills concerning budgeting and the state budget during the 2018 legislative session. Release date: 2018-09-05 Publishing Agency: Legislative Council Staff Subjects: State Revenue & Budget Download
Issue Briefs Colorado's Constitutional Spending Limit (2014) In 1992, voters approved a Colorado Constitutional Amendment -- Article X, Section 20, known as the Taxpayer's Bill of Rights (TABOR). TABOR limits annual growth in state spending. Release date: 2014-06-19 Publishing Agency: Legislative Council Staff Subjects: State Revenue & Budget Download
Budget Related Publications Forecast June 2020 Focus Colorado presents forecasts for the economy and state government revenue through FY 2019-20. 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: 2020-06-19 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications Appropriations Report Fiscal Year 2020-21 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: 2020-08-24 Publishing Agency: Joint Budget Committee Staff Subjects: State Revenue & Budget Download
Issue Briefs Road Usage Charge Programs Transportation infrastructure in the United States is primarily funded through motor fuel (gas) taxes. Facing declining future revenues and increased construction costs, some states have begun to experiment with a new way of funding transportation: the road usage charge. This issue brief provides background information on road usage charges, along with information on road usage charge programs in Colorado and other states, and highlights trends and future policy considerations. Release date: 2019-09-23 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Transportation & Motor Vehicles Download
Budget Related Publications Forecast December 2020 Focus Colorado presents forecasts for the economy and state government revenue through FY 2019-20. 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: 2020-12-18 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications Economic Indicators Update This memorandum provides an update on leading economic indicators to inform the General Assembly about the ongoing state of the Colorado and U.S. economies. Select indicators for business activity, employment, consumer activity, and energy activity are provided. Data for June and early July suggest an ongoing recovery from the COVID-19-related recession. However, economic activity remains well below pre-pandemic levels, and the impacts of the pandemic on leisure and hospitality industries remain significant. Release date: 2020-08-04 Publishing Agency: Legislative Council Staff Subjects: Business & Economic Development Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications Forecast March 2021 Focus Colorado presents forecasts for the economy and state government revenue through FY 2020-21. 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: 2021-03-19 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications Forecast June 2022 Focus Colorado presents forecasts for the economy and state government revenue through FY 2019-20. 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: 2022-06-17 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications Forecast March 2022 Focus Colorado presents forecasts for the economy and state government revenue through FY 2019-20. 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: 2022-03-17 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications Appropriations Report Fiscal Year 2022-23 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: 2022-07-11 Publishing Agency: Joint Budget Committee Staff Subjects: State Revenue & Budget Download
Budget Related Publications Appropriations Report Fiscal Year 2021-22 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: 2021-08-23 Publishing Agency: Joint Budget Committee Staff Subjects: State Revenue & Budget Download
Staff Publications Wildfire-related Funding in Colorado (2021) The state incurs wildfire-related expenditures in several departments for various activities including wildfire prevention, preparedness, mitigation, suppression, and recovery. These activities are not explicitly broken out in the state budget and are spread across various line items in multiple departments, making tracking of wildfire spending difficult. This memorandum provides detailed funding information for three agencies that are responsible for the majority of wildfire-related expenditures in the state:he state incurs wildfire-related expenditures in several departments f Release date: 2021-12-02 Publishing Agency: Legislative Council Staff Subjects: Natural Resources & Environment State Revenue & Budget Download
Staff Publications Fiscal Note Reports (2022) Release date: 2022-08-05 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes General Assembly State Revenue & Budget Download
Staff Publications Fiscal Note Reports (2021) Release date: 2022-07-28 Publishing Agency: Legislative Council Staff Subjects: General Assembly State Revenue & Budget Download
Budget Related Publications Report on Referendum C Revenue and Spending FY 2005-06 through FY 2023-24 This report contains the final audited figures for state revenue retained under Referendum C in the 2005‑06 through 2021-22 state fiscal years and preliminary numbers for the 2022‑23 and 2023-24 state fiscal years. It also reflects the actions of the General Assembly and Governor in spending the retained money. This report is prepared in accordance with the requirements of Referendum C, which was approved by voters in 2005. Release date: 2023-10-12 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Staff Publications Colorado Grant Funding through IIJA and IRA This memorandum describes the programs authorized by the Infrastructure Investment and Jobs Act and the Inflation Reduction Act that may provide formula or competitive grants to Colorado. Release date: 2022-11-23 Publishing Agency: Legislative Council Staff Subjects: State Revenue & Budget Transportation & Motor Vehicles Water Download