Author:
Hedges, CarolJones, RichMiller, AdrianRomero, GilZeller, Laurie H.
Articles: A user???s guide to the state budget process, Accountability Tour starts Saturday in Longmont, Update on Rainy Day Fund bills, JBC sets up textbook case for Ref C spending, Guest Commentary: Adjust the state???s spending limit
Articles: Legislature considers selling tobacco bonds to save for a rainy day, 15 states consider TABOR measures, Twin studies debunk TABOR???s benefits to Colorado economy
The next governor and legislature should enact a strategy to increase the statutory reserve by at least one percentage point each year to create a rainy day fund of at least 10 percent of the state General Fund within six years. One source of funding could be a portion of the excess reserves left over at the end of some fiscal years.