Lawmakers: Cuts, New Fees & Taxes Expected in 2010 Budget

By: AP Email
By: AP Email

Denver (AP) The head of the Colorado Legislature's Joint
Budget Committee is warning that brutal budget cuts, new fees and
higher taxes are on the table when state lawmakers consider ways to
fix the state budget.

Senator Moe Keller, a Wheat Ridge Democrat, told a panel studying
the state's budget crisis on thursday that longterm options include
new regional sales taxes, shifting programs between counties and
state agencies, consolidating cigarette and transportation
tax-sharing programs, taking back part of the lottery proceeds,
eliminating enterprise zones and freezing conservation easements.

The state may also have to close some state parks.

Lawmakers learned last month they have to make more budget cuts
because tax revenue is expected to drop $384 million more than they
expected.

The total shortfall could grow as high as $838 million next year, but keller is warning lawmakers it could exceed $1 billion because of caseload increases and obligations.


KKCO NBC 11 News 2531 Blichmann Avenue Grand Junction, CO 81505 Station Phone: 970.243.1111 Business Fax: 970.243.1770 Newsroom Fax: 970.245.3793 News Tip & Contest Line: 970.255.8477
Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 50398632 - nbc11news.com/a?a=50398632
Gray Television, Inc.