Colorado bracing for grim tax forecast
Aspen, CO Colorado
DENVER ” It’s bad, but it could be worse. That’s the size of a state tax forecast expected Friday that likely will show the effects of a cooling economy on Colorado government.
Gov. Bill Ritter says the state revenue forecast will show slipping tax receipts, an indication the economy is shrinking. But he says the forecasts, which are used to map state spending, are much worse in other states.
Ritter told reporters Thursday that the projections will show Colorado is not immune to a national recession. But he says Colorado is holding up OK considering the recession.
Ritter already has said budget cuts are coming next year. He announced a state hiring freeze in September.
Support Local Journalism
Support Local Journalism
Readers around Aspen and Snowmass Village make the Aspen Times’ work possible. Your financial contribution supports our efforts to deliver quality, locally relevant journalism.
Now more than ever, your support is critical to help us keep our community informed about the evolving coronavirus pandemic and the impact it is having locally. Every contribution, however large or small, will make a difference.
Each donation will be used exclusively for the development and creation of increased news coverage.
Start a dialogue, stay on topic and be civil.
If you don't follow the rules, your comment may be deleted.
User Legend: 
Moderator 
Trusted User
Despite Independence Pass signs, truckers still not getting message
In the six weeks since Independence Pass has been open this season, the Pitkin County Sheriff’s Office already has received 15 reports of semi-trucks trying to or actually driving over the pass.
