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Colorado General Assembly Approves $44 Billion Budget, Awaits Governor’s Signature


Lawmakers in Colorado have approved changes to the state’s $44 billion budget for 2025-2026, with the budget largely remaining unchanged in its final costs. The budget, delayed due to the complexity of cutting $1.2 billion in general funds, includes several key amendments. One bipartisan amendment restored provider rates for therapies, while another added funds for an environmental justice program. However, some proposed amendments did not make it into the final version, such as funding for the National Cybersecurity Center at the University of Colorado, Colorado Springs. The budget also includes increases in funds for capital construction projects at Colorado State University and the Department of Public Safety. The general funds increase is meant to adjust state employee health, life, and dental insurance funding. The overall budget for 2025-26 is $3.4 billion more than the previous year, largely due to higher Medicaid costs. The budget was approved by the House and Senate, and now awaits the governor’s signature. Lawmakers have made significant adjustments to the budget to address key priorities and funding needs, reflecting the changing landscape of the state’s financial priorities.

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Photo credit denvergazette.com

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