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Wednesday, December 11, 2013

Colorado continues to face long-term budget challenges - CSU, the Coloradoan


“Colorado has one of the most complex state budgets in the nation, not by virtue of the dollar figures – other states are much bigger – but due to the many competing financial caps and spending requirements that have been added to the state constitution over the years,” said Charles Brown, director of the Colorado Futures Center at CSU. “For state lawmakers, meeting the long-term needs of Colorado citizens under this web of incongruent constitutional rules is a delicate balance that can easily be upset by outside factors or the unanticipated impacts of their own actions. The 2013 Colorado Sustainability Study demonstrates this tension very well, with an extended economic forecast that contains a better-than-expected outlook clouded by economic challenges of our own Legislature’s making.”

http://www.coloradoan.com/article/20131204/CSU03/131204002/COLORADO-CONTINUES-FACE-LONG-TERM-BUDGET-CHALLENGES?nclick_check=1

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