Budget Related Publications FY 2018-19 Budget Package and Long Bill Narrative The Long Bill Narrative is prepared by the 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. This narrative describes all of the 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 Long Bill as it is amended by the Senate or House of Representatives. Release date: 2018-03-26 Publishing Agency: Joint Budget Committee Staff Subjects: State Revenue & Budget Download
Final/Annual Reports Alternatives to the Gallagher Amendment Interim Study Committee Summary Report Summary Report for the Alternatives to the Gallagher Amendment Interim Study Committee to the Legislative Council. Release date: 2018-10-04 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Summary Report for the Alternatives to the Gallagher Amendment Interim Study Committee to the Legislative Council.
Staff Publications Impact of Final Residential Assessment Rate on Local Share The final Residential Assessment Rate (RAR) Study released by the Division of Property Taxation (DPT) on April10, 2019,estimates anRARof 7.15 percent for property tax years 2019 and 2020. The General Assembly would have to pass a bill for this rate to become law. The anticipated assessed values associated with this study have a significant impact on the local share for school finance. Release date: 2019-04-12 Publishing Agency: Legislative Council Staff Subjects: Education & School Finance (Pre & K-12) Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications Forecast June 2019 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: 2019-06-18 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications Forecast March 2019 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: 2019-03-15 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications Forecast September 2019 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: 2019-09-18 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Staff Publications Memo Regarding TABOR Enterprises This memorandum provides information on state government enterprises under Article X, Section 20 of the Colorado Constitution, also known as the Taxpayer’s Bill of Rights (TABOR). From FY 1993-94 through FY 2017-18, 22 state government entities had received enterprise status for at least one fiscal year. In FY 2017‑18, enterprise revenue totaled $17.9 billion. Release date: 2019-05-20 Publishing Agency: Legislative Council Staff Subjects: State Government State Revenue & Budget Download
Budget Related Publications Forecast December 2019 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: 2019-12-19 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications Forecast March 2015 Focus Colorado presents forecasts for the economy and state government revenue through FY 2016-17. 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: 2015-03-17 Publishing Agency: Legislative Council Staff Subjects: State Revenue & Budget Download
Fiscal Policy & Taxes Forecast December 2016 Focus Colorado presents forecasts for the economy and state government revenue through FY 2017-18. 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: 2016-12-19 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Staff Publications Forecast September 2016 Focus Colorado presents forecasts for the economy and state government revenue through FY 2018-19. 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: 2016-09-19 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: 2020-01-15 Publishing Agency: Legislative Council Staff Subjects: Business & Economic Development Fiscal Policy & Taxes General Assembly State Revenue & Budget Download
Staff Publications Property Taxes on Oil and Natural Gas Property This memo uses a unique dataset to estimate property taxes levied on the production of oil and gas to answer the following questions... Release date: 2020-01-31 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes Natural Resources & Environment State Revenue & Budget Download
Budget Related Publications FY 2022-23 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: 2022-03-28 Publishing Agency: Joint Budget Committee Staff Subjects: State Revenue & Budget Download
Budget Related Publications Forecast March 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: 2020-03-16 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Staff Publications Financing Public Schools FY 2022-23 This memorandum summarizes the primary funding changes for school finance that were enacted during the 2022 legislative session. Several bills enacted substantively impacted the financing of public schools in Colorado. Release date: 2022-10-20 Publishing Agency: Legislative Council Staff Subjects: Education & School Finance (Pre & K-12) State Revenue & Budget Download
Summary of Major Legislation Summary of State Revenue and Budget Legislation (2017) Release date: 2018-06-01 Publishing Agency: Legislative Council Staff Subjects: State Revenue & Budget Download
Budget Related Publications Forecast Update May 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: 2020-05-12 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications Forecast September 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: 2020-09-18 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Issue Briefs State-Sponsored Retirement Plans (20-22) This issue brief provides an overview of state‑sponsored retirement plans, retirement plan marketplaces, and multiple employer retirement plans for private sector workers. The brief also includes a discussion of related federal laws and Congressional activity. Release date: 2020-11-02 Publishing Agency: Legislative Council Staff Subjects: Labor & Employment State Government State Revenue & Budget Download
Summary of Major Legislation Summary of School Finance Legislation During the 2018 legislative session, the General Assembly considered measures related to public school funding in Colorado. Specifically, the legislature considered bills pertaining to kindergarten through twelfth grade (K-12) school funding, tax credits and deductions, grant programs, school building maintenance funding, higher education funding, and funding for full‑day kindergarten. Release date: 2019-01-10 Publishing Agency: Legislative Council Staff Subjects: Education & School Finance (Pre & K-12) General Assembly State Revenue & Budget Download
Staff Publications TABOR Emergency Provisions On March 11, 2020, Governor Polis issued Executive Order D 2020 003, declaring a disaster emergency pursuant to state law due to the presence of coronavirus disease 2019 (COVID‑19). The disaster emergency declaration triggers certain provisions in the Colorado Constitution and state law. Release date: 2020-03-17 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes Public Health State Revenue & Budget Download
Budget Related Publications Forecast June 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: 2021-06-18 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications Forecast December 2021 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: 2021-12-16 Publishing Agency: Legislative Council Staff Subjects: Fiscal Policy & Taxes State Revenue & Budget Download
Budget Related Publications FY 2021-22 Staff Budget Briefing Summary The Budget in Brief is a condensed summary of 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: 2020-12-22 Publishing Agency: Joint Budget Committee Staff Subjects: State Revenue & Budget Download