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.
Colorado uses appropriations for capital construction to construct, maintain or renovate buildings or roads. In addition, capital appropriations can be used to purchase land or equipment (in excess of $50,000), including information technology systems.