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The Federal Funding Outlook: A Colorado State Budget Perspective

Presentation to the Colorado Counties Inc. Summer Conference Amanda Bickel Chief Legislative Analyst Joint Budget Committee Staff June 6, 2012 Amanda.Bickel@state.co.us 303-866-4960 www.state.co.us/gov_dir/ leg_dir / jbc /jbchome.htm.

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The Federal Funding Outlook: A Colorado State Budget Perspective

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  1. Presentation to the Colorado Counties Inc. Summer Conference Amanda BickelChief Legislative AnalystJoint Budget Committee StaffJune 6, 2012 Amanda.Bickel@state.co.us303-866-4960www.state.co.us/gov_dir/ leg_dir/jbc/jbchome.htm The Federal Funding Outlook: A Colorado State Budget Perspective

  2. Federal Funding for Human Services: How Important IS it to Colorado?

  3. Funding Sources for Colorado Human Services State Appropriations for Department of Human Services County Expenditures for Human Services Programs and Benefits

  4. County Human Services Spending: 10 Year Comparison

  5. Expenditures for Public Assistance Benefits

  6. Human Services Expenditures except Benefits County Child Welfare (Millions $) County DHS Administration (Millions $)

  7. Why has Human Services become more reliant on federal funds over time? A State Budget Perspective

  8. Total Operating Appropriations Billions of Dollars Fiscal Year *Separate category added in FY 08-09 to identify duplicate appropriations.

  9. State of Colorado Operating Budget Comparison

  10. Operating Budget: 11-Year Comparison* FY 2000-01: $12.4 Billion FY 2011-12: $19.7 Billion *Includes General Fund, cash funds (including duplicated appropriations), and federal funds.

  11. GF Operating Budget: 11-Year Comparison* FY 2000-01: $5.4 Billion FY 2011-12: $7.1 Billion *Includes only General Fund.

  12. Total Operating Appropriations Per Capita* 2011 Dollars per Capita *Appropriations include General Fund, cash funds, and federal funds, but exclude duplicated amounts. Appropriations are divided by the Colorado population for 2000 and 2011, respectively. FY 2000-01 appropriations are increased to reflect changes in the Denver-Boulder-Greeley CPI from 2000 to 2011.

  13. GF Operating Appropriations Per Capita* 2011 Dollars per Capita *Appropriations include General Fund only. Appropriations are divided by the Colorado population for 2000 and 2011, respectively. FY 2000-01 appropriations are increased to reflect changes in the Denver-Boulder-Greeley CPI from 2000 to 2011.

  14. Appropriations by Human Services Division: 11 Years

  15. Many federal decisions pending November election • Sequestration • Other “tightening”, such as loss of $13.6 million TANF supplemental grant, low-income energy assistance cuts Impact of Federal Cuts ??????

  16. State Sequestration Impact: Initial Estimates

  17. Expenditures cannot exceed revenues • Voter approval required for tax increases • Annual growth for most state revenues limited to inflation plus population [Referendum C base – FY 2007-08] • Annual General Fund appropriations < 5.0% of Colorado personal income • General Fund reserve (4.0% 6.5%) The Future: Ongoing State Budget Restrictions

  18. General Fund Revenue Trend General Fund Source: Colorado State Controllers Office and Legislative Council Staff projections based on the March 2012 forecast.

  19. TABOR and Referendum C *Legislative Council Staff March 2012 forecast. Source: Colorado State Controllers Office and Legislative Council Staff.

  20. Funding Demands: School Districts

  21. Funding Demands: Medicaid $ Billions

  22. Amanda BickelChief Legislative AnalystJoint Budget Committee StaffJune 6, 2012 Amanda.Bickel@state.co.us303-866-4960www.state.co.us/gov_dir/ leg_dir/jbc/jbchome.htm Thank You!

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