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Colorado lawmakers warn financial woes are just beginning as Gov Jared Polis signs $44 billion budget

  • Colorado Governor Jared Polis signed the state's $44 billion budget bill on Monday for the upcoming fiscal year.
  • Legislators addressed a $1.2 billion gap resulting from increased Medicaid costs and a structural budget deficit.
  • To balance the budget, they removed specific initiatives and shifted funds while preserving state employee pay raises.
  • The plan required approximately $1.2 billion in reductions and lowered car registration costs by $3.70.
  • Lawmakers cautioned future budgets pose greater challenges, anticipating tougher decisions are likely next year.
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Colorado Politics broke the news in Colorado, United States on Monday, April 28, 2025.
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