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Lawmakers hope to avoid more budget cuts
posted by: Sara Gandy , Web Producer  
created: 9/21/2009 6:36:47 AM
Last updated: 9/21/2009 6:37:58 AM
DENVER (AP) - Colorado lawmakers and Gov. Bill Ritter are hoping to avoid more budget cuts when new revenue figures are released.

The latest figures due out Monday will be presented to the legislature's Joint Budget Committee.


The state Department of Revenue says after posting a gain of $36 million above forecast in July, the August revenue collections are down $38 million.


The department says both income tax payments and sales tax collections were down in August compared to forecasted amounts.



(Copyright Associated Press, All Rights Reserved)

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