Colorado’s courts will face an unprecedented backlog of cases next year with reduced staff and resources because of budget cuts prompted by the coronavirus pandemic. ... waits for his luggage at Denver International Airport on Monday, March 9, 2020. In other words, unlike the federal government, the state cannot run a deficit. Delaying automatic contribution increases of .5 percentage points for employers and employees set to take effect in the 2020-21 fiscal year. Jared Polis slashed immediate government spending by $228.7 million in response to precipitous shortfalls in the state's budget, as well banned evictions statewide. News. The state is expected to double the annual amount it withholds from schools to pay for other budget priorities to almost $1.2 billion. The Joint Budget Committee (JBC) is charged with studying the management, operations, programs, and fiscal needs of the agencies and institutions of Colorado state government. For 2020-21, Colorado schools face 5% across-the-board cuts to per-pupil funding and reduced grant-funded programs. That legal maneuver will divert about 14% of the education budget. Coronavirus Could Take A $750 Million Bite Out Of Colorado’s Budget. Colorado must maintain a balanced budget each year, meaning that spending may not exceed the amount of tax and fee revenue that the state collects or saves. Colorado Governor Unveils State Budget Plan Amid Pandemic ... Polis previously announced nearly $289 million in cuts for fiscal year 2019-2020 to … Colorado legislators now know how much they will have to cut in programs ranging from transportation to tourism marketing in order to balance the coronavirus-addled state budget for … So far in 2020, only about 661 jury trials in criminal cases have been held, … Democratic lawmakers prepare to make budget cuts, scrap 2020 priorities Colorado lawmakers plan to reconvene on May 18. 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