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New funding plan unfurled for critical state services with only days left in Colorado legislative...
New funding plan unfurled for critical state services with only days left in Colorado legislative sessionDespite a dramatic back-and-forth Monday over a plan to free money for critical state services, legislative leaders said Monday they are close to a compromise.
The proposal would create a 20-year bond program to direct $1.8 billion towards critical infrastructure, including roads and such highway projects as improvements to Interstate 25. The first iteration of the legislation started with a $1.35 billion bond program.
Lawmakers have just days left in the legislative session to strike a deal and advance a bill to the governor.
An agreement has been reached on the state spending limit portion of the bill, which would be lowered by $200 million, thereby triggering taxpayer rebates faster. It had been the largest sticking point in the debate.
Read more: http://gazette.com/new-funding-plan-unfurled-for-critical-state-services-with-only-days-left-in-colorado-legislative-session/article/1602190