Lawmakers get Colorado economic report ahead of budget votes |

Lawmakers get Colorado economic report ahead of budget votes

DENVER — Colorado lawmakers will be presented with a quarterly report on how much tax dollars the state is collecting as they prepare to debate and vote on the annual budget in the coming weeks.

The revenue forecast lawmakers receive Wednesday morning will inform them on what bills they can fund and how much surplus money they have to return to residents under the state’s Taxpayer’s Bill of Rights. It calls for refunds when state revenue exceeds the combined rate of inflation and population growth.

Refunds are looming for the first time in 10 years now that the state economy is improving.

Support Local Journalism

Support Local Journalism

As a Summit Daily News reader, you make our work possible.

Now more than ever, your financial support is critical to help us keep our communities informed about the evolving coronavirus pandemic and the impact it is having on our residents and businesses. Every contribution, no matter the size, will make a difference.

Your donation will be used exclusively to support quality, local journalism.


Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.

User Legend: iconModerator iconTrusted User