Gov. Jared Polis’ 2025 budget proposal includes $640 million in cuts

Gov. Jared Polis’ 2025 budget proposal includes 0 million in cuts

Colorado Gov. Jared Polis is proposing a year of “belt-tightening” to make up for softening inflation and higher Medicaid costs. He presented his budget proposal for the upcoming fiscal year on Friday afternoon. It doesn’t account for Tuesday’s elections, which include some potentially costly measures on the state ballot. The next legislature, which is also … Read more

Colorado lawmakers reject PERA funding change as system faces crunch

Colorado lawmakers reject PERA funding change as system faces crunch

Lamenting the uneasy budgetary situation facing the state, Colorado lawmakers rejected a proposed bill Friday that would have increased annual payments to the Public Employees’ Retirement Association in times of inflation. “I think it’s a good concept. I don’t see how we can afford it this year,” Rep. Rick Taggart told fellow lawmakers on the … Read more

Colorado PERA investment, funding sustainability report raises concern

Colorado PERA investment, funding sustainability report raises concern

An oversight subcommittee for Colorado’s public pension fund recommended Friday that state contributions keep up with inflation following a report cautioning that its funding might not be on track to meet a state-required target decades from now. The Colorado Public Employees’ Retirement Association, or PERA, serves hundreds of thousands of Coloradans and is responsible for … Read more

Bills allowing easier use of preferred names, end of the education funding gap and more from the Colorado legislature this week – The Denver Post

Bills allowing easier use of preferred names, end of the education funding gap and more from the Colorado legislature this week – The Denver Post

Colorado House advances two name-change bills after contentious debate and anti-transgender rhetoric Two bills allowing transgender and nonbinary Coloradans to more easily use their preferred names cleared the House on Friday after anti-transgender rhetoric from Republican lawmakers spread debate and votes over multiple days. The two Democrat-backed measures — HB24-1071 and HB24-1039 — have led … Read more