All Entries Tagged With: "OSPB"
Steady Growth Predicted for Colorado’s Revenue Forecast
DENVER — Monday, Dec. 21, 2015 — The Governor’s Office of State Planning and Budgeting (OSPB) today released its quarterly economic forecast. As with prior forecasts, the state’s economy is projected to continue to steadily grow, though not at the robust level experienced in 2014. At the present time, the contraction in the oil and […]
Colorado’s Revenue Projections and Economy Continue to Grow
DENVER — Monday, Dec. 22, 2014 — The latest projections for the state’s General Fund revenue for FY 2014-15 are 1.3 percent, or $127.0 million, higher compared with the September 2014 forecast. Projections for FY 2015-16 are 0.5 percent, or $53.6 million, higher compared with September. Strong growth in income taxes from wage withholdings and […]
State Economy Continues Growing, Boosting Revenue Projections
DENVER — Friday, June 20, 2014 — A new forecast shows the state’s General Fund revenue is expected to increase by $96.4 million in the current fiscal year and by $127.6 million in the next fiscal year, which starts July 1. “Colorado’s economy continues to expand faster than many other states,” the Office of State […]
Colorado Revenue Forecast Shows Modest Increase
DENVER — Friday, Dec. 20, 2013 — The State’s general fund budget forecast for the current budget year (FY 2013-14) as well as for FY 2014-15 is 1 percent higher than the September forecast, the Governor’s Office of State Planning and Budgeting (OSPB) announced today. General fund revenue comes mostly from income and sales taxes. […]
State Prison Population Study Forecasts Slow Increase in Numbers
The prison population pendulum in Colorado will eventually swing towards larger numbers of inmates, eliminating, at least for the present, any cutback in state or private prison services in southeast Colorado. The Governor’s Office of State Planning and Budgeting was directed by the state legislature last year, to study prisoner population trends in Colorado […]