JBC finalizes bipartisan state budget


The Joint Budget Committee voted yesterday to finalize the bipartisan FY19-20 Colorado State Budget, securing more than $300 million for transportation funding, which begins on July 1, 2019. The budget now heads to both the Senate and House for approval of the Conference Committee report. Once approved, it will head to Governor Jared Polis for his signature.

The JBC wrote this bipartisan budget based on the economic forecast presented by the Colorado Legislative Council, a nonpartisan research group within the General Assembly, that predicted moderate growth through 2020. Given the economic outlook, Democrats developed a fiscally responsible budget that delivered on promises like making healthcare more affordable, investing in education and transportation, and strengthening economic security for Coloradans across the state.

“We began this session with an ambitious agenda to tackle issues like healthcare, education, and economic security, and I am confident that this budget delivers on those priorities,” said JBC Chair Senator Dominick Moreno, D-Commerce City. “By making these necessary investments, we will be able to help hardworking Coloradans across this state without sacrificing our state’s long-term fiscal standing.”

“Coloradans can be proud of the responsible, bipartisan budget that we are putting forth,” said Rep. Esgar, D-Pueblo, vice-chair of the JBC. “This budget keeps southern Colorado and our entire state on the right track. That’s why we are making significant investments in education, transportation, mental health and behavioral health and other priorities.”

“The decisions made today reflect input and compromise from both chambers of the legislature and members of the public,” said JBC Member Senator Rachel Zenzinger, D-Arvada. “After months of deliberation and hard work, this bipartisan budget works within our means to deliver on issues that matter to Coloradans in every community.”

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