Colorado Gov. Jared Polis ordered $103 million in cuts to spending across agencies and the sweeping of $146 million from state cash accounts on Thursday to help plug the rest of the state’s large budget deficit.
He also plans to use up to $328 million from the state’s rainy-day account as the final part of a three-pronged plan to close the projected $783 million budget gap in the current fiscal year. His announcement of those actions followed a special session in which the legislature passed changes to state income tax breaks and other legislation that will raise money to help address the impact of the federal tax and spending law passed by Congress and President Donald Trump last month.
Polis’ specified cuts were big and little. But he noted that the earlier work by the legislature mean