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Governor Polis and the Office of State Planning and Budget (OSPB) submitted a supplementary budget proposal to the Joint Budget Committee (JBC). This will focus on fully funding education, building more housing for all Coloradans, protecting Colorado’s environment, and making Colorado one of the top 10 safe states. This is based on the governor’s budget proposal on November 1st. Governor Polis and his budget are focused on making life in Colorado more affordable, sustainable, and livable for all Coloradans as we approach 2026.
“As Colorado celebrates its 150th birthday, we are working to make our state more affordable, sustainable, and a better place for everyone to live. We’re proud of the investments we’re making to provide funding, protect the environment, make Colorado safer, and lower the cost of living. It will help us invest in programs and expand access to needed treatment in our behavioral health system,” said Governor Polis.
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Governor Polis’ proposal would continue to invest in Colorado’s behavioral health system, improve educational outcomes, and save taxpayers money by reducing state government’s physical footprint.
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$57.9 million to reduce competency recovery waiting lists, address delays, and increase bed capacity to ensure Coloradans get the care they need.
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$8 million for sophisticated proposals to support youth science education. $3 million will support districts and schools to improve science education through curriculum improvements and additional professional development for educators. $5 million will fund out-of-school support for Colorado students.
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The $700,000 investment will reduce the state’s leased physical office space by 18,000 square feet, saving taxpayers money by reducing the cost of unnecessary office space. This would bring Colorado closer to the governor’s goal of reducing the state’s office space by 1 million square feet and saving money for the future.
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Federal Adjusted Quantum Tax Credit (OEDIT): To support the quantum industry and demonstrate Colorado’s competitiveness for the U.S. Department of Commerce’s Tech Hub Award, OEDIT provides tax credits for capital investments and loan guarantees to support quantum technologies. The plan is to encourage investment and reduce risk. Advanced industry.
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