Our goal was to take the current state General Fund budget and extend it six years into the future. Looking Forward estimates how much it will cost to keep pace with growth in the major forces that are driving the budgets in each area.
Colorado state government collects revenues from a variety of sources, and divides them into specific types of funds. The legislature appropriates money from these funds to pay for state government activities. State law places limits and restrictions on how the legislature can use the money from each type of fund.
A quarter century of constitutional amendments, legislative acts and economic ups and downs To understand how Colorado finds itself in its current fiscal condition, it is helpful to look back at some critical decisions made by legislators and voters over the last 25 years, and at some of the economic and political factors that drove those decisions.
The revenue portion of the Looking Forward project involved projecting state revenues for one final year of the six-year study period, FY 2012-13. For the first five fiscal years in the study period, we used the Colorado Legislative Council staff revenue projections published in September 2007.
The Department of Higher Education receives funding from a variety of sources. These include state General Fund dollars, General Fund Exempt dollars, made available through Referendum C, Cash Funds, Cash Funds Exempt, which include tuition and fees spending authority, and federal funds.
The Colorado Department of Health Care and Policy Financing (HCPF) is responsible for administering the state???s Medicaid program and other federally subsidized health care programs for children, the disabled, elderly, low-income and uninsured Coloradoans.
Buchanan, WadeJones, RichWoodbury, BlairZeller, Laurie H.
Long Bill for 07-08 passes Senate, now in House; March revenue forecasts down slightly from December; A 30,000-foot view of the state budget; TABOR proposals emerge in Florida and South Carolina; Colorado Court of Appeals upholds recession-driven cash fund reallocations; Political Journal: Legislators consider changes to initiative process
Articles: Bell recommends opportunity agenda for JBC spending decisions, Revenue projections show continued growth, States??? Earned Income Tax Credits give low-income families tax relief, Texas comptroller: Undocumented immigrants a net benefit to the state, Northern Colorado job growth to increase in 2007, Ritter names Marcy Morrison new state insurance commissioner