DENVER (AP) — Colorado lawmakers are hoping the latest revenue figures show state income at least held steady over the past quarter.
New figures are expected to be announced Monday by the governor's office and the Legislature's budget committee.
In March, Natalie Mullis, the Legislature's chief economist, said the state was expecting to have an extra $262 million for next year's budget because of improving revenues.
But she said lawmakers would still have to cut more than $1 billion to balance next year's budget, which begins July 1.
Senate Majority Leader John Morse, a Colorado Springs Democrat, says the shortfall has since risen to an estimated $1.7 billion and will force lawmakers to cut more money from higher education and public schools.
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