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State Budget & Taxes

flagNothing expresses priorities and values more than how a state raises revenues and allocates resources. Tax and budget policies reflect what we most value as a state. CFI advocates for fair and sustainable taxes that can support our shared investments in a thriving economy and broadly shared prosperity.

 

Colorado Budget Basics

How big is the state budget and where does the money come from? How are we spending it? What’s TABOR? All these questions and more are answered in CFI’s “Colorado State Budget Basics.”

Colorado Tax Basics

How do Colorado’s income taxes compare to other states? Who pays the most in taxes, rich folks or poor folks? What’s “severance tax”? Where does all the tax revenue from marijuana go? All these questions and more are answered in CFI’s “Colorado State Tax Basics.”

State Budget & Tax Reports

Earned Income Tax Credit: Money Back for Working Families

January 25, 2024
Friday January 26, 2024 is EITC Awareness Day. Each year, CFI collaborates with partners, legislators, and supporters in the effort to uplift the EITC, and spread awareness of its importance as a policy. EITC Awareness Day is a national effort CFI is proud to take part in.

Why Tax Cuts Won’t Cut It In Colorado

January 18, 2024
New year, new legislative session — same old blind spots about income taxes. We shared our thoughts with CO Politics about Gov. Jared Polis' plans to cut taxes in his 2024 State of the State (watch). In a word: counterproductive.

Five Takeaways from the Governor’s Proposed Budget Release

November 6, 2023
Governor Polis released his proposed budget for 2024 on November 1st. It serves as an indication of policy and budgetary priorities for the upcoming legislative session. Here are our top five takeaways from the release…

Forecast Five: March 2023 Revenue Estimates

March 17, 2023
Want to learn more about what the economy will look like in the upcoming weeks, months and years? Check-out our swooshin' March Madness estimate predictions.

Measuring Adequacy: Funding and State Services

March 13, 2023
  Colorado is at an inflection point in how the state balances revenues and expenditures. Policy architects cannot responsibly make budgeting decisions about a piece of the state budget without considering the holistic impacts or accounting for the broader universe… read more
View all State Budget & Tax reports