Colorado lawmakers learned today that the state’s economy is stronger than expected and they’ll have more money to spend in next year’s budget.
For the past few weeks, the grumblings around the state capitol were that the revenue forecast would be lower than anticipated. Instead, it’s $61 million higher.
“Right now you have a lot of flexibility in the budget because revenues are growing,” said Natalie Mullis, the state’s non-partisan chief economist.
She says the recovery has been slow, but it’s picking up.