Department of Revenue 2017 Regulatory Agenda
Presented to the Joint Finance Committee at its January 5, 2017, meeting.
Second Regular Session | 74th General Assembly
Colorado General AssemblyPresented to the Joint Finance Committee at its January 5, 2017, meeting.
Submitted herewith is the final report of the Interim Committee to Study the Every Student Succeeds Act. This committee was created pursuant to Legislative Council Executive Committee approval of Interim Committee Letter 2016-6. The purpose of this committee is to study new federal legislation...
Presented to the Joint Education Committee on January 25, 2017.
Presented to the Joint Education Committee.
Presented to the Joint Education Committee at is January 25, 2017, meeting.
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.
The forecast for the State Education Fund and the level of General Fund appropriations needed to pay for school finance have changed from when the General Assembly adjourned in May 2016. Property values grew rapidly in 2016, and are expected to continue to grow over the next few years. The...
Where are we?
How did we get here?
Presented to the Joint Education Committee on February 8, 2017.
This memorandum provides information intended to aid in the evaluation of legislation that would create a new or alter an existing tax expenditure. State law defines a tax expenditure as a “tax provision that provides a gross or taxable income definition, deduction, exemption, credit, or rate...
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...
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,...
Economic Outlook for the U.S. and Colorado
The ongoing expansion in the U.S. economy is fueld by consumer contributions.
The final Residential Assessment Rate Study released by the Division of Property Taxation on April 17, 2017 estimates a residential assessment rate of 7.20 percent for 2017 and 2018. The General Assembly must pass a bill before this rate becomes law. Compared with the baseline forecast which...