House GOP Statement on December’s State Revenue Expectations

DENVER—Today, the Colorado Legislative Council and Office of State Planning and Budgeting released their December revenue forecasts to the Joint Budget Committee.  December’s forecasts show an increase in state revenue expectations.

House Majority Leader Amy Stephens, R-Colorado Springs, released the following statement regarding the numbers:

“While I am disappointed that Gov. Hickenlooper continues to propose a property tax increase on Colorado’s seniors most in need, Colorado’s slow economic recovery gives us reason for optimism.”

State Rep. Larry Liston, R-Colorado Springs, chair of the House Economic and Business Development Committee, cautioned:

“We are by no means out of the woods.  Unemployment is still far too high, and unnecessary regulatory burdens are too heavy for small businesses.  We need to continue to show spending restraint and prioritize education funding.”

State Rep. Jon Becker, R-Fort Morgan, a member of the Join Budget Committee, added:

“Today’s forecasts show that entitlement spending continues to threaten education funding in Colorado.  House Republicans are prepared to lead the state in developing a Colorado-specific safety net to help those citizens most in need.  We hope that Gov. Hickenlooper and our friends across the aisle will provide the necessary bipartisan leadership to find a program that best fits the needs of our state’s most vulnerable citizens.” 

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