Colorado State Budget Faces Vote Monday
State Senators Will Approve Or Send Back The Budget Plan
The Colorado Senate is in the process of putting the final touches on the 2011-12 budget. It's expected to vote Monday, which will move the $7 billion plan onto the House, and then to the Governor.
Republican State Senator Steve King says he proud of the budget they've put together. He says there has been bi-partisan support and both sides have been able to come up with a solid budget plan.
"It is the House and the Senate and the Governor's office working together to balance Colorado's budget," King said. "And hopefully (we'll) see a turn around in the recession that we've been to, and better days ahead."
King says he's happy about a reserve that is now built into the budget, better known as a rainy day fund.
The budget plan includes less money for K-12 schools and colleges. The spending plan also calls to eliminate several hundred state jobs.
Senators voted to declare a state fiscal emergency, which allows them to use cigarette and tobacco taxes to balance the budget.
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