For the fiscal year beginning July 1, 2024, the bill provides for the payment of expenses of the executive, legislative, and judicial departments of the state of Colorado, and of its agencies and institutions. The grand total for the operating budget is set at $42,929,675,236. The general funds portion of the appropriation is set at $12,398,541,034; the general fund exempt portion is set at $3,803,423,067; the cash funds portion is set at $11,342,249,687; the reappropriated funds portion is set at $2,878,921,519; and the federal funds portion is set at $12,506,539,929.
For the fiscal year beginning July 1, 2024, the grand total for the state fiscal year for capital construction projects is set at $367,677,785. The capital construction fund portion of the appropriation is set at $262,215,419; the cash funds portion is set at $103,554,776; and the federal funds portion is set at $1,907,590.
For the fiscal year beginning July 1, 2024, the grand total for information technology projects is set at $158,354,132. The capital construction fund portion of the appropriation is set at $86,836,669; the cash fund portion is set at $14,255,934; and the federal funds portion is set at $57,261,529.
The 2021 general appropriation act is amended to balance and make adjustments to the total amount appropriated for capital construction projects and capital construction information technology projects.
The 2023 general appropriation act is amended to balance and make adjustments to the total amount appropriated to the department of education; the offices of the governor, lieutenant governor, and state planning and budgeting; and the departments of health care policy and financing, higher education, local affairs, personnel, public health and environment, and public safety.
Appropriations were made in several bills during the 2023 legislative session that are further amended to balance and make adjustments and to extend the appropriation of unexpended amounts to the 2024-25 fiscal year.
APPROVED by Governor April 29, 2024
EFFECTIVE April 29, 2024(Note: This summary applies to this bill as enacted.)