A 1992 constitutional amendment caps tax revenue and gives voters the final say on tax increases. Critics say that limits education spending.
In a conversation with CPR News, the governor also addressed the chances of moving Gitmo detainees to Colorado, and the possibility of another recession.
- The forecast downgrades Colorado’s expected rate of growth slightly, meaning lawmakers will either have to find cuts or draw down the state’s reserves a bit.Read more
Colorado’s economy is strong and revenues are rising. But due to a voter-approved limit on taxes, known as TABOR, the budget remains tight.
- Bruce, convicted in 2012 of tax evasion and trying to influence a public servant, violated the terms of his probation.Read more
The budget will likely be a big issue during a session that will also see debates over housing and abortion.
The Joint Budget Committee chair says reclassifying the fee would keep the state from paying taxpayer rebates.
Tuesday's vote wasn't your typical sleepy off-year election. Here's how it shook out.