IB-D-2015 (July 2015)
Author: Linda Gorman
PDF of full Issue Backgrounder
Introduction:
Colorado state government has a spending problem. Between FY 1999-00 and FY 2013-14, its inflation-adjusted expenditures rose by 38 percent.1 Its inflation-adjusted revenues rose by just 34 percent. Although Colorado’s working age population grew over the period, its private sector employment stagnated.