Time’s come to analyze state’s financing system

Colorado’s history demonstrates that while the “boom and bust” economic cycle is inevitable, it is also unpredictable. Understanding this cycle – and the complicated mechanisms to raise state and local government revenue and deliver public services – are critically important if we want to strategically position Colorado to compete in the global economy.

Yet the last comprehensive analysis of Colorado’s system for financing state and local government’s occurred nearly 50 years ago.

The complexity and interrelationships of our federal, state and local tax structures, the wide array of public services provided by state and local governments, along with the state’s…