What the $30.5 billion Colorado state budget means for you
The $30.5 billion state-budget package introduced Monday offers a little something for most everyone in Colorado.
The state would pay for full-day kindergarten, relieving local school districts and parents of the cost. The price tag for tuition would remain flat, except at one university. All state employees would receive at least a 3 percent raise, and some much more. The dome at the Capitol even would get new paint.
The spending bills for fiscal year 2020, which starts July 1, represent a 4 percent increase from the current plan with more than two-thirds directed to three areas: health care, K-12 education, and colleges and universities.
“It’s an unprecedented investment in education, that’s for sure,” said Joint Budget Committee Chairman Dominick Moreno, D-Commerce City. “There’s some incredible stuff in this budget.”
The Democratic-controlled committee spent an additional $821 million in discretionary dollars, a 7 percent increase from the prior year, but much of it went toward covering the cost of existing programs.
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