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Budget Related Publications

Forecast March 2017

Focus Colorado presents forecasts for the economy and state government revenue through FY 2018-19. Implications of the forecast for the state's General Fund budget and spending limit are described in the report's highlights and executive summary sections. The report is based on current law, legislation passed by the General Assembly affecting the forecast is described throughout the report.

Release date:
Publishing Agency:
Legislative Council Staff
Subjects:
  • Fiscal Policy & Taxes
  • State Revenue & Budget

Budget Related Publications

Economic Outlook Presentation March 2017

Economic Outlook for the U.S. and Colorado

The ongoing expansion in the U.S. economy is fueld by consumer contributions.

Release date:
Publishing Agency:
Legislative Council Staff
Subjects:
  • Fiscal Policy & Taxes
  • State Revenue & Budget

Fiscal Policy & Taxes

Residential Assessment Rate and the Gallagher Amendment

A video presentation about Colorado property taxes and the Gallagher Amendment.  It is anticipated that the residential assessment rate will be reduced for the first time in 14 years, impacting homeowners and the tax base of every local taxing jurisdiction in the state.

(10 minutes 49 seconds, 136 MB).

Release date:
Publishing Agency:
Legislative Council Staff
Subjects:
  • Fiscal Policy & Taxes
  • Local Government
  • Education & School Finance (Pre & K-12)

Fiscal Policy & Taxes

Education Budget Outlook Slide Deck

Where are we?

  • 11.5% lower than the formula
  • Local share falling or slowing
  • State Education Fund close to depleted
  • General Fund budget in cutting mode

How did we get here?

  • Business cycle, demographic changes, and constitutional requirements

Where are we going?

  • Slower revenue growth
  • Greater pressure on expenditures
Release date:
Publishing Agency:
Legislative Council Staff
Subjects:
  • Education & School Finance (Pre & K-12)
  • Fiscal Policy & Taxes
  • State Revenue & Budget

Budget Related Publications

2017 Tobacco Master Settlement Agreement Payment Forecast

Colorado receives annual payments from tobacco manufacturers as part of the Tobacco Master Settlement Agreement. In April 2016, the state received $92.3 million. This memorandum presents the distribution of the 2016 payment and forecasts payments through 2019.

Release date:
Publishing Agency:
Legislative Council Staff
Subjects:
  • Fiscal Policy & Taxes
  • Health Care & Health Insurance
  • Liquor, Tobacco, & Marijuana
  • State Revenue & Budget



Other

Department of Revenue 2017 Regulatory Agenda

Presented to the Joint Finance Committee at its January 5, 2017, meeting.

Release date:
Publishing Agency:
Legislative Council Staff
Subjects:
  • Fiscal Policy & Taxes
  • Gaming, Lottery, & Racing
  • Liquor, Tobacco, & Marijuana
  • State Revenue & Budget



Budget Related Publications

Forecast December 2016

Focus Colorado presents forecasts for the economy and state government revenue through FY 2017-18. Implications of the forecast for the state's General Fund budget and spending limit are described in the report's highlights and executive summary sections. The report is based on current law, legislation passed by the General Assembly affecting the forecast is described throughout the report.

Release date:
Publishing Agency:
Legislative Council Staff
Subjects:
  • Fiscal Policy & Taxes
  • State Revenue & Budget

Fiscal Policy & Taxes

Economic Outlook Presentation December 2016

Economic Outlook for the U.S. and Colorado

The ongoing expansion in the U.S. economy is fueld by consumer contributions.

Release date:
Publishing Agency:
Legislative Council Staff
Subjects:
  • Fiscal Policy & Taxes
  • State Revenue & Budget

Fiscal Policy & Taxes

Understanding the State Budget Presentation

Understanding the State Budget: The Big Picture

  • Where do our taxes go?
  • State Government Revenue
  • General Fund Budget
  • TABOR Revenue Limit
Release date:
Publishing Agency:
Legislative Council Staff
Subjects:
  • State Revenue & Budget
  • Fiscal Policy & Taxes

Fiscal Policy & Taxes

Availability of Historic Property Preservation Income Tax Credit and Cleanroom Machinery Sales and Use Tax Exemption (2016)

Table 1 shows the availability of the historic property preservation income tax credit and the cleanroom machinery sales and use tax exemption, each of which is available only when the Legislative Council Staff forecast indicates that General Fund revenue will be sufficient to allow General Fund appropriations to increase by at least 6 percent. Revenue failed to meet this requirement in FY 2015-16. The September 2016 forecast expects that revenue will fail to meet this requirement in FY 2016-17, FY 2017-18, and 2018-19.

Release date:
Publishing Agency:
Legislative Council Staff
Subjects:
  • Business & Economic Development
  • Fiscal Policy & Taxes

Budget Related Publications

Forecast September 2016

Focus Colorado presents forecasts for the economy and state government revenue through FY 2018-19. Implications of the forecast for the state's General Fund budget and spending limit are described in the report's highlights and executive summary sections. The report is based on current law, legislation passed by the General Assembly affecting the forecast is described throughout the report.

Release date:
Publishing Agency:
Legislative Council Staff
Subjects:
  • Fiscal Policy & Taxes
  • State Revenue & Budget

Fiscal Policy & Taxes

Economic Outlook Presentation September 2016

Economic Outlook for the U.S. and Colorado

The ongoing expansion in the U.S. economy is fueld by consumer contributions.

Release date:
Publishing Agency:
Legislative Council Staff
Subjects:
  • Fiscal Policy & Taxes
  • State Revenue & Budget

Issue Briefs

Distribution of Marijuana Tax Revenue (2016)

This issue brief provides an overview of marijuana tax revenue. Three state taxes apply to marijuana, with medical and retail marijuana taxed differently. Both medical and retail marijuana are subject to the existing 2.9 percent state sales tax, which is applied to most purchases in the state. Additionally, retail marijuana is subject to a 10 percent sales tax, levied on retail sales, and a 15 percent excise tax, levied on the first transfer of marijuana from a wholesaler to a processor or retailer.

Release date:
Publishing Agency:
Legislative Council Staff
Subjects:
  • Fiscal Policy & Taxes
  • Liquor, Tobacco, & Marijuana
  • State Revenue & Budget


Budget Related Publications

Forecast June 2016

Focus Colorado presents forecasts for the economy and state government revenue through FY 2017-18. Implications of the forecast for the state's General Fund budget and spending limit are described in the report's highlights and executive summary sections. The report is based on current law, legislation passed by the General Assembly affecting the forecast is described throughout the report.

Release date:
Publishing Agency:
Legislative Council Staff
Subjects:
  • Fiscal Policy & Taxes
  • State Revenue & Budget

Fiscal Policy & Taxes

Economic Outlook Presentation June 2016

Economic Outlook for the U.S. and Colorado

Consistent with the later stages of economic expansion, growth has slowed for the U.S. and Colorado economies.

 

Release date:
Publishing Agency:
Legislative Council Staff
Subjects:
  • Fiscal Policy & Taxes
  • State Revenue & Budget


Budget Related Publications

Forecast March 2016

Focus Colorado presents forecasts for the economy and state government revenue through FY 2017-18. Implications of the forecast for the state's General Fund budget and spending limit are described in the report's highlights and executive summary sections. The report is based on current law, legislation passed by the General Assembly affecting the forecast is described throughout the report.

 

View Full Report

Release date:
Publishing Agency:
Legislative Council Staff
Subjects:
  • Fiscal Policy & Taxes
  • State Revenue & Budget

Budget Related Publications

Tobacco Master Settlement Agreement Payment Forecast (2016)

Colorado receives annual payments from tobacco manufacturers as part of the Tobacco Master Settlement Agreement.  In April 2015, the state received $88.1 million.  This memorandum presents the distribution of the received payment from 2015 and forecasts payments and distributions through FY 2017-18.  Most of this money will be used to fund health care programs across the state.

Release date:
Publishing Agency:
Legislative Council Staff
Subjects:
  • Fiscal Policy & Taxes
  • Liquor, Tobacco, & Marijuana
  • State Revenue & Budget

Budget Related Publications

Forecast December 2015

Focus Colorado presents forecasts for the economy and state government revenue through FY 2017-18. Implications of the forecast for the state's General Fund budget and spending limit are described in the report's highlights and executive summary sections. The report is based on current law, legislation passed by the General Assembly affecting the forecast is described throughout the report.

View Full Report

Release date:
Publishing Agency:
Legislative Council Staff
Subjects:
  • Fiscal Policy & Taxes
  • State Revenue & Budget

Budget Related Publications

Forecast September 2015

Focus Colorado presents forecasts for the economy and state government revenue through FY 2017-18. Implications of the forecast for the state's General Fund budget and spending limit are described in the report's highlights and executive summary sections. The report is based on current law, legislation passed by the General Assembly affecting the forecast is described throughout the report.  

View Full Report

Release date:
Publishing Agency:
Legislative Council Staff
Subjects:
  • Fiscal Policy & Taxes
  • State Revenue & Budget