Governor John Hickenlooper to unveil next Colorado budget
5:26 AM, Nov 1, 2012
6:11 AM, Nov 1, 2012
Colorado Gov. John Hickenlooper is preparing to unveil his budget proposal for next year, and schools and health care officials will be watching.
The Democratic governor planned Thursday to release his annual proposal for the state's next fiscal year that begins July 1. Lawmakers will make their own proposal next year.
Colorado's improving economy during the past year has helped budget-writers. Lawmakers this year were spared making some drastic cuts to schools and other state services because tax receipts picked up.
State budget director Henry Sobanet told lawmakers in September that current tax projections could allow more money for schools. He also said Hickenlooper would likely be asking for more funding for Medicaid.