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Colorado State Budget

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Colorado State Budget
Budget Basics
Budget Sources
General Funds
Cash Funds
Federal Funds
Budget Timeline
Budget Preparation
Budget bills
All other bills
How Big is the State Budget?
What is “the budget”?
Transfers to Local Governments
Double-Counted Dollars
Explore the State Budget
The Operating Budget
The Big Six
Health Care
Slice of The State Budget
Department Funding
Where does the funding go?
Major Spending Drivers
K-12 Education
Slice of The State Budget
Department Funding
Where does the funding go?
Major Spending Drivers
Higher Education
Slice of The State Budget
Department Funding
Where does the funding go?
Major Spending Drivers
Human Services
Slice of The State Budget
Department Funding
Where does the funding go?
Major Spending Drivers
Corrections
Slice of The State Budget
Department Funding
Where does the funding go?
Major Spending Drivers
Slice of The State Budget
Department Funding
Where does the funding go?
Major Spending Drivers
Transportation Funding
Transportation
Slice of The State Budget
Department Funding
Where does the funding go?
Major Spending Drivers
The Capital Budget
Capital Construction & Information Technology
Budget Process
State Funding
Where does the funding go?
Major Spending Drivers
Explore State Revenue
Where Do My Taxes and Fees Go?
State Revenue Sources
What is TABOR?
Voter Approval for Taxes
Limits on State Revenue
Share Your Ideas & Further Reading
Share Your Budget Ideas
Budget Resources from Legislative Staff Agencies
Joint Budget Committee Staff Documents
Fiscal Policy & Tax Research
State Economic & Revenue Forecasts
Online Tax Handbook
Other Budget Resources
Governor’s Dashboard
Transparency Online Project
Colorado Comprehensive Annual Financial Reports
Still Have Questions?

Content: The Department of Education also administers licenses and administers a number of education-related programs. Slice of The State Budget
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Department Funding
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Major Spending Drivers
State law includes a formula that determines how much is allocated to each school district. This formula accounts for the number of students and cost of living in each school district, and inflationary pressures, among other factors. More on the School Finances Formula
The state and school districts share the cost of providing public education. The state share comes primarily from the General Fund, while most school district funding comes from property taxes. The state share has increased over time relative to the local share due to: the spending requirements of Amendment 23, which was adopted by voters in 2000 and requires appropriations to increase by enrollment and inflation; the impacts of the Gallagher Amendment, which was adopted in 1982 and restricts growth in property taxes; and
the TABOR Amendment, which imposes limits on state and local government revenue and requires voters to approve new or increased taxes.