CCLP logo   
Dec. 20, 2010

Budget Works 2011: Out With the Old, In With the Revenue 

Register now for Budget Works, an annual conference of the Colorado Fiscal Policy Institute, a project of the Colorado Center on Law and Policy. The event is set for Jan. 14 in Denver. Participants will get the information and inspiration they need to work for justice and economic security for all Coloradans. 


-------------------

If you appreciate the work of the Colorado Center on Law and Policy, and its project the Colorado Fiscal Policy Institute, please consider a donation to help continue our work.

To change the types of
e-mail you receive from us, click the link at the bottom of this message labeled "Update Profile/Email address."

Visit us on Twitter,
@cofiscalpolicy, on our Facebook page, and at the Policy Matters blog.

Forecast shows more cuts to vital services will be necessary in 2011, threatening state's economy

The projections for state revenue released today by the Colorado Legislative Council staff underscore the long-term revenue crisis facing the state. The combination of a weak economy and lower taxes threaten to undermine the state's economic future. Colorado does not have the resources to provide the level of services Coloradans expect.

 

An analysis of the projections by the Colorado Fiscal Policy Institute notes state spending per capita has fallen dramatically since the onset of the Great Recession in December 2007, even as demand for services grew. Stagnant state revenues, not spending, are at the core of Colorado's budget challenges.

 

State spending per capita 

 

Cutting essential services like education and health care will lead to job losses and hurt the economy. Colorado needs to take a more balanced approach that includes raising revenue.
 

Read the issue brief online, and find other analysis of state tax and budget issues from the Colorado Fiscal Policy Institute.  
Colorado Fiscal Policy Institute
789 Sherman St.
Suite 300
Denver, Colorado 80203