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Fiscal Policy & Taxes

Understanding the State Budget Information Paper

Subject:
Fiscal Policy & Taxes
General Assembly
State Revenue & Budget
Published:
December 3, 2018
Agency:
Legislative Council Staff

Understanding the State Budget: The Big Picture

Each year, the General Assembly is tasked with balancing constitutional, statutory, and federal requirements with a host of other considerations, such as competing policy priorities, caseload pressures, and the health of the state’s economy, in order to create a budget.  This report is intended to serve as a primer on Colorado’s budget and some of the factors that help shape it.