|
Lafayette Colorado
Real Estate
Real
Estate Home
Lafayette
Colorado Real Estate
Free
Relocation CD
Market
Analysis
Mortgage
Center
Sell
Your Property
Home
Buyer Tips
Home
Seller Tips
Lafayette Realtors
Meet
Karen
Lafayette
Realtors
REMAX
Realtors
REMAX
Offices
Contact
Karen
Lafayette Relocation
Relocation
CD
Denver
Map
CO Climate
CO
Schools Info
Colorado
Skiing
Parks/Recreation
CO
Attractions
Relocation
Index
Site
Map
Real
Estate Directory
Contact
|
|
Colorado State Economic Forecast
The State of Colorado did a Focus on Economy and Revenue for Fiscal
Years 2002-2007 and the following is the Executive Summary of the 50
page document:
|
EXECUTIVE SUMMARY
General Fund Revenue
- The estimate for General Fund revenue in FY 2001-02 was
reduced by $248.3 million. Most of the reduction comes from
ongoing weakness in individual income tax receipts. Gross
receipts from individual income taxes were reduced by $231.6
million. The reduced estimate will also mean that less money
will be diverted to the State Education Fund.
- The recovery of the Colorado economy will be weaker than
previously anticipated and will translate into lower revenues
as well. The estimate for General Fund revenue in FY 2002-03
was reduced by $421.4 million. The reduction comes from the
prime sources of General Fund revenue -- individual and corporate
income taxes and sales taxes. Over the six-year forecast period,
the total reduction of the revenue estimate is $2.75 billion.
|
|
|




|