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Quarterly Revenue Forecast Shows Moderate Growth for Next Fiscal Year

Quarterly Revenue Forecast Shows Moderate Growth for Next Fiscal Year

    DENVER — Thursday, Dec. 20, 2018 — The Governor’s Office of State Planning and Budgeting (OSPB) today released its quarterly economic and revenue forecast. The December forecast for General Fund revenue shows moderate growth in the months ahead. Revenue collections in the first half of FY 2018-19 continued to increase due to steady […]

Financial Fallout from 1A’s Defeat

Financial Fallout from 1A’s Defeat

  Prowers County Impact: 4,002 votes were cast on November 6th concerning Prowers County Ballot Issue 1A, a proposed county tax increase to generate additional revenues for the ambulance service in and around Prowers County.  The measure was defeated 2,102 against to 1,900 in favor.  Had it passed, it was estimated to be able to […]

Wiley Residents to Decide Mill Increase

Wiley Residents to Decide Mill Increase

  Wiley voters will decide on a mill levy increase rate during their April 3rd municipal election and the vote will also determine the length of term for the four trustees on the ballot.  They are: Dale Stewart, Tom Proctor, Julie Esgar and Sandy Coen.  Because there are as many candidates as there are openings, […]

Municipal Lodging Tax Idea Presented to Lamar City Council

Municipal Lodging Tax Idea Presented to Lamar City Council

The idea of a municipal lodging tax was presented by two of its proponents to the Lamar City Council during their work session, Monday, April 24th.  A 2% lodging tax currently exists for guests of motels throughout Prowers County.  The one recently proposed would be for Lamar motels.  Lamar residents Pat Palmer and Chris Wilkinson […]

State Revenue Forecast Shows Steady Performance

  DENVER — Tuesday, December 20, 2016 — The Governor’s Office of State Planning and Budgeting (OSPB) today released its quarterly economic and revenue forecast. Overall economic activity has improved in Colorado compared with 2015 and early 2016, and the expansion is expected to continue at a moderate pace. The large drop in spending and […]

State Revenue Forecast Shows Solid Performance

  DENVER — Tuesday, Sept. 20, 2016 — The Governor’s Office of State Planning and Budgeting (OSPB) today released its quarterly economic forecast. State General Fund revenue is projected to increase 4.5 percent in FY 2016-17; the forecast is lower relative to June’s projections by $160.6 million, or 1.5 percent. “Economic expansion is expected to […]

Colorado Revenue Forecast Indicates Slower Growth Rate

Colorado Revenue Forecast Indicates Slower Growth Rate

DENVER — Friday, March 18, 2016 — The Governor’s Office of State Planning and Budgeting (OSPB) today released its quarterly economic forecast. Colorado’s economy continues to grow at a slower pace than in recent years with General Fund revenue forecasted to increase just 1.5 percent in FY 2015-16. Several factors are converging to cause the […]