Content Tagged As colorado_budget

3 years 1 month ago

Final arguments expected in school funding suit

DENVER (AP) - Attorneys are expected to deliver final arguments in a lawsuit challenging how Colorado funds its education system. The lawsuit against the state claims that Colorado has violated its constitutional promise to provide a "thorough and uniform" education system and poor communities are at a disadvantage. State officials...

3 years 10 months ago

Colo amasses $3.7 bil in unpaid obligations

DENVER (AP) - In its struggles to deliver balanced state budgets over the past 10 years, Colorado has amassed $3.7 billion in obligations it may never pay. That sum includes severance taxes taken from municipalities, funds for tourism promotion and waste tire cleanup, and prison and school bus costs...

4 years 4 months ago

Colorado faces more red ink

Colorado Gov. Bill Ritter is going to be getting out the budget ax. State budget forecasters told lawmakers on Monday that there are insufficient funds to pay the bills for this fiscal year and the new fiscal year beginning July 1. According to the governor's budget office, Colorado will...

4 years 6 months ago

Colorado to dole out $18M for energy-saving measures

The Governor's Energy Office is kicking off a campaign making $18 million in rebates available for Coloradans to buy energy-saving appliances and make their homes more energy efficient. Energy Office Director Tom Plant will discuss the "Recharge Colorado" program Tuesday at the Sears store in Denver's Cherry Creek neighborhood. The...

4 years 6 months ago

School to close in La Junta to save money

The La Junta public school district board has voted to close La Junta Intermediate School next fall to save an estimated $770,000. Superintendent Jim Sullivan says the district projects a $1 million drop in revenue next school year due to declining enrollment and state budget cuts. Enrollment is expected...

4 years 8 months ago

Colorado lawmakers approve fuel tax

The Colorado House has given tentative approval to a bill that would eliminate a tax exemption for energy used in manufacturing, transportation and agriculture. Gov. Bill Ritter proposed going after the tax breaks after the state was forced to cut $2 billion from this year's budget and another $1...

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