State of Colorado

The state will tap reserve funds, close tax loopholes and cut spending to address a more than $1 billion shortfall in its fiscal 2026 budget.

Legislation passed in Texas and other Southwest states this year seeks to increase or explore funding sources to finance water supply and infrastructure.

The state faces a $1.2 billion revenue hit in fiscal 2026 , as well as future spending pressures, from President Trump's One Big Beautiful Bill.

The state is trying to navigate its way to a fiscal 2026 budget amid potential federal policy changes and the heightened risk of a recession.

Initiatives planned for the Nov. 5 ballot raised concerns in the state's municipal bond market over higher borrowing costs and litigation.

State lawmakers will be back in session Aug. 26 in an effort to head off ballot initiatives that worry the state's public finance industry.

A bill passed this week would place a measure on the November statewide ballot to prevent growing home values from raising property taxes.

Colorado lawmakers are creating government enterprises and using fees instead of taxes to fund transportation.

Colorado lawmakers are working on a $5 billion funding proposal for transportation; this week's $500 million debt issue targets immediate needs.

As gridlock grips the federal government, Colorado is hoping to shield citizens and businesses from worsening pandemic impact.

Muni yields fell by as much as three basis points, according to readings on the AAA muni scales. However, some traders and analysts said this market is too tight given COVID-19 threats. Lipper reported $1.8 billion of inflows in the latest week.

Municipals held firm as more new deals swarmed into the marketplace.

Colorado's decision to withhold pension funding brings a warning from Moody's.

The lack of a significant new-issue calendar is encouraging some investors to purchase ahead of the first of the month, but others are putting buying off until the arrival of Aug. 1 redemptions.

Municipal bonds finished steady on Friday ahead of next week's $7.8 billion new-issue slate while high-grade paper trades up in the secondary. Investors are looking for stability.

State officials say Colorado needs to cut $3.3 billion from the budget for fiscal year 2021 after the largest revenue drop in the state’s history.

Proposition CC, which would have allowed the state to retain revenues above a 27-year-old formula, was defeated.

Jared Polis proposed a $34.5 billion budget, including $13.8 billion for the general fund.

Proposition CC would loosen the strings of the 1992 TABOR Amendment by letting the state government retain more money for education and transportation.

Municipal bond buyers saw some big note and bond deals hit the market on Wednesday, led by issuers in Georgia and Colorado.