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2009 state budget legislative review

Over the course of the 2009 legislative session, the General Assembly shaped the FY09-10 budget to reflect a dramatic 12% decrease in tax revenue and the assistance from the federal American Recovery and Reinvestment Act monies, intended to buffer states from the downturn the economy. Ultimately, the Legislature delivered a balanced budget to the Governor that incorporated some cuts, budgeted for some necessary increases in state services, passed several sustainable revenue increases, and leaned heavily on one-time sources of funding. The FY09-10 budget was held together by fiscal duct tape and super glue, but the Legislature was largely able to preserve levels of funding that protect Coloradans living on the margins.

Released May 18, 2009

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