Colorado state budget shortfall expands to $1.5 billion

By: Sara Wilson

Outlets: Colorado Newsline

Published: March 20, 2026

Words: 680

Last Updated: 1 day, 11 hours ago


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Colorado lawmakers will need to close a nearly $1.5 billion gap in the state budget in the coming weeks, hundreds of millions of dollars more than they expected, according to a new nonpartisan economic analysis.

Legislative Council Staff and the Governor’s Office of State Planning and Budgeting presented their quarterly economic forecast, which covers revenue estimates and an overall economic outlook, to the Legislature’s six-member Joint Budget Committee on Thursday. It is the last forecast …

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