DENVER — Wednesday, September 20, 2017 — The Governor’s Office of State Planning and Budgeting (OSPB) today released its quarterly economic and revenue forecast.
After modest increases in the prior two fiscal years, General Fund revenue is forecast to increase at stronger rates of 8.1 percent in FY 2017-18 and 4.9 percent in FY 2018-19.
After slowing during the oil and gas downturn and more moderate economic growth of 2015 and 2016, sales taxes and individual income taxes are rebounding in 2017 as the economy strengthens. Corporate income tax revenue is expected to recover starting this fiscal year, albeit modestly, after declining since FY 2013-14.
“Our momentum remains strong thanks to the strength of state’s technology sector, new business start ups and the growth of our skilled workforce,” said Governor John Hickenlooper. “Still, the tight labor and housing market conditions are raising costs for individuals and businesses and our rural communities continue to experience lower job and income growth than our urban areas. We are keeping on eye on these issues so they don’t curtail our success.”
DENVER — Tuesday, Sept. 19, 2017 — Gov. John Hickenlooper today announced Boards and Commissions appointments to the Colorado Dental Board, Board of Examiners of Nursing Home Administrators, State Board of Pharmacy and Physical Therapy Board.
The Colorado Dental Board makes rules and regulations, examines and licenses dentists and dental hygienists, and conducts hearings regarding the suspension or revocation of licenses.
For a term expiring Jan. 1, 2019:
Vidhyalakshmi Sampath, DDS, BDS of Englewood, to serve as a dentist, and occasioned by the resignation of Gail N. Raether, DDS of Littleton, appointed.
The Board of Examiners of Nursing Home Administrators licenses nursing home operators and may conduct hearings to revoke, suspend, deny or reissue licenses.
For a term expiring July 1, 2021:
Lori Louise Randall, RN of Fruita, to serve as representative of nursing home administrators and of a continuum care administration, appointed.
DENVER — Tuesday, Sept. 19, 2017 — Gov. John Hickenlooper and Lt. Gov. Donna Lynne today announced that Colorado has received a grant from the NextFifty Initiative to fund a Senior Advisor on Aging position in the Governor’s Office. This role will drive leadership on senior issues and focus on the coordination of key aging-related concerns like mobility, health care, housing and more.
“It’s crucial that we keep care for our seniors a priority,” said Governor John Hickenlooper. “This advisor will advance the state’s strategic action plan on aging and keep the concerns of older Coloradans at the forefront for this administration and beyond.”
The NextFifty Initiative supports up to $450,000 to fund the position over the next three years. Second and third year funding is based on renewal agreements.