Lawmakers get Colorado economic report ahead of budget votes | SummitDaily.com

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.


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