A Bill for an Act
Page 1, Line 101Concerning a supplemental appropriation to the department
Page 1, Line 102of the treasury.
Bill Summary
(Note: This summary applies to this bill as introduced and does not reflect any amendments that may be subsequently adopted. If this bill passes third reading in the house of introduction, a bill summary that applies to the reengrossed version of this bill will be available at http://leg.colorado.gov.)
Supplemental appropriations are made to the department of the treasury.
Page 1, Line 1Be it enacted by the General Assembly of the State of Colorado:
Page 2, Line 1SECTION 1. Appropriation to the department of the treasury
Page 2, Line 2for the fiscal year beginning July 1, 2024. In Session Laws of Colorado
Page 2, Line 32024, section 2 of chapter 519, (HB 24-1430), amend Part XXIII as
Page 2, Line 4follows:
Page 2, Line 5Section 2. Appropriation.
Page 3, Line 1Part XXIII
Page 3, Line 2DEPARTMENT OF THE TREASURY
Page 3, Line 3
Page 3, Line 4(1) ADMINISTRATION
| Agency Name or Title | Item & Subtotal | Total | General Fund | General Fund Exempt | Cash Funds | Reappropriated Funds | Federal Funds |
|---|---|---|---|---|---|---|---|
Page 3, Line 5Personal Services |
4,745,899 |
3,639,541 |
1,106,358a |
||||
Page 3, Line 6 |
(37.5 FTE) |
||||||
Page 3, Line 7Health, Life, and Dental |
648,766 |
390,878 |
257,888b |
||||
Page 3, Line 8Short-term Disability |
7,476 |
4,772 |
2,704b |
||||
|
Page 3, Line 9Paid Family and Medical Page 3, Line 10Leave Insurance |
22,256 |
14,221 |
8,035b |
||||
|
Page 3, Line 11Unfunded Liability Page 3, Line 12Amortization Equalization Page 3, Line 13Disbursement Payments |
436,900 |
284,242 |
152,658b |
||||
Page 3, Line 14Salary Survey |
153,814 |
100,411 |
53,403b |
||||
Page 3, Line 15Step Pay |
102,735 |
57,369 |
45,366b |
||||
Page 4, Line 1PERA Direct Distribution |
75,527 |
49,137 |
26,390b |
||||
|
Page 4, Line 2Workers' Compensation and Page 4, Line 3Payment to Risk Page 4, Line 4Management and Property Page 4, Line 5Funds |
35,707 |
35,707 |
|||||
Page 4, Line 6Operating Expenses |
2,192,234 |
2,192,234 |
|||||
|
Page 4, Line 7Information Technology Page 4, Line 8Asset Maintenance |
18,000 |
9,000 |
9,000b |
||||
Page 4, Line 9Legal Services |
122,197 |
38,060 |
84,137c |
||||
|
Page 4, Line 10Capitol Complex Leased Page 4, Line 11Space |
62,530 |
37,285 |
25,245b |
||||
Page 4, Line 12Payments to OIT |
|
|
|
||||
Page 4, Line 13 |
265,730 |
155,374 |
110,356b |
||||
Page 4, Line 14CORE Operations |
185,258 |
83,366 |
101,892b |
||||
|
Page 4, Line 15Charter School Facilities Page 4, Line 16Financing Services |
7,500 |
7,500d |
|||||
Page 5, Line 1Discretionary Fund |
5,000 |
5,000 |
|||||
Page 5, Line 2 |
|
||||||
Page 5, Line 3 |
9,087,529 |
||||||
Page 5, Line 4 |
Page 5, Line 5a Of this amount, $887,488 shall be from cash management transaction fees pursuant to Section 24-36-120, C.R.S., and $218,870 shall be from the Unclaimed Property Trust Fund created
Page 5, Line 6in Section 38-13-801 (1)(a), C.R.S.
Page 5, Line 7b These amounts shall be from the principal balance of the Unclaimed Property Trust Fund created in Section 38-13-801 (1)(a), C.R.S.
Page 5, Line 8c Of this amount, it is estimated that $57,142(I) shall be from the State Public Financing Cash Fund created in Section 24-36-121 (7)(a), C.R.S., $23,292 shall be from the principal balance
Page 5, Line 9of the Unclaimed Property Trust Fund created in Section 38-13-801 (1)(a), C.R.S., and $3,703 shall be from interest or income earned on the investment of the money in the Public School
Page 5, Line 10Fund pursuant to Section 22-41-102, C.R.S. Appropriations from the State Public Financing Cash Fund are shown for informational purposes only because the State Public Financing
Page 5, Line 11Cash Fund is continuously appropriated to the State Treasurer pursuant to Section 24-36-121 (7)(a), C.R.S.
Page 5, Line 12d This amount shall be from the Charter School Financing Administrative Cash Fund created in Section 22-30.5-406 (1)(c)(I), C.R.S. Money from the Charter School Financing
Page 5, Line 13Administrative Cash Fund is continuously appropriated and is included for informational purposes to comply with the limitation on state fiscal year spending imposed by Section 20
Page 5, Line 14of Article X of the State Constitution.
Page 5, Line 15
Page 5, Line 16
Page 6, Line 1(2) UNCLAIMED PROPERTY PROGRAM
| Agency Name or Title | Item & Subtotal | Total | General Fund | General Fund Exempt | Cash Funds | Reappropriated Funds | Federal Funds |
|---|---|---|---|---|---|---|---|
Page 6, Line 2Personal Services |
1,900,442 |
1,900,442a |
|||||
Page 6, Line 3 |
(24.0 FTE) |
||||||
Page 6, Line 4Operating Expenses |
|
|
|||||
Page 6, Line 5 |
1,395,610 |
1,395,610a |
|||||
|
Page 6, Line 6Promotion and Page 6, Line 7Correspondence |
200,000 |
200,000a |
|||||
Page 6, Line 8Contract Auditor Services |
800,000 |
800,000b |
|||||
Page 6, Line 9 |
|
||||||
Page 6, Line 10 |
4,296,052 |
||||||
Page 6, Line 11 |
Page 6, Line 12a These amounts shall be from the principal balance of the Unclaimed Property Trust Fund created in Section 38-13-801 (1)(a), C.R.S.
Page 6, Line 13b This amount shall be from revenues collected by contract auditors. This amount is included for informational purposes only and is continuously appropriated for payment of contract
Page 6, Line 14services pursuant to Section 38-13-801 (2)(b), C.R.S.
Page 6, Line 15
| Agency Name or Title | Item & Subtotal | Total | General Fund | General Fund Exempt | Cash Funds | Reappropriated Funds | Federal Funds |
|---|---|---|---|---|---|---|---|
Page 7, Line 1(3) SPECIAL PURPOSE |
|||||||
|
Page 7, Line 2Senior Citizen and Disabled Page 7, Line 3Veteran Property Tax Page 7, Line 4Exemption |
175,301,704 |
175,301,704a |
|||||
|
Page 7, Line 5Household Financial Page 7, Line 6Recovery Program |
200,000 |
200,000 |
|||||
|
Page 7, Line 7Business Personal Property Page 7, Line 8Tax Exemption |
17,768,619 |
17,768,619b |
|||||
|
Page 7, Line 9Highway Users Tax Fund - Page 7, Line 10County Payments |
209,464,904 |
209,464,904c |
|||||
|
Page 7, Line 11Highway Users Tax Fund - Page 7, Line 12Municipality Payments |
136,340,258 |
136,340,258c |
|||||
|
Page 7, Line 13Property Tax Page 7, Line 14Reimbursement for Page 7, Line 15Property Destroyed by Page 7, Line 16Natural Cause |
1,000,000 |
1,000,000 |
|||||
|
Page 8, Line 1Lease Purchase of Page 8, Line 2Academic Facilities Page 8, Line 3Pursuant to Section Page 8, Line 423-19.9-102, C.R.S. |
17,437,100 |
17,437,100d |
|||||
|
Page 8, Line 5Lease Purchase of Page 8, Line 6Academic Facilities Page 8, Line 7Pursuant to Section Page 8, Line 824-82-803, C.R.S. |
4,753,000 |
4,753,000e |
|||||
|
Page 8, Line 9Public School Fund Page 8, Line 10Investment Board Pursuant Page 8, Line 11to Section 22-41-102.5, Page 8, Line 12C.R.S. |
1,760,000 |
1,760,000f |
|||||
|
Page 8, Line 13S.B. 17-267 Page 8, Line 14Collateralization Lease Page 8, Line 15Purchase Payments |
150,000,000 |
100,000,000 |
50,000,000g |
||||
|
Page 9, Line 1Direct Distribution for Page 9, Line 2Unfunded Actuarial Page 9, Line 3Accrued PERA Liability |
225,000,000 |
|
59,628,853h |
||||
Page 9, Line 4 |
165,371,147j |
||||||
|
Page 9, Line 5Law Enforcement Officers' Page 9, Line 6and Firefighters' Page 9, Line 7Continuation of Health Page 9, Line 8Benefits Program |
150,000 |
150,000i |
|||||
Page 9, Line 9 |
939,175,585 |
||||||
Page 9, Line 10 |
Page 9, Line 11a Pursuant to Section 3.5 (3) of Article X of the State Constitution, this amount is not subject to the limitation on General Fund appropriations set forth in Section 24-75-201.1 (1)(a),
Page 9, Line 12C.R.S., because enactment of this constitutional provision by the people of Colorado constitutes voter approval of a weakening of such limitation. This amount reflects the estimate of
Page 9, Line 13the money that shall be paid to fully reimburse counties pursuant to Section 39-3-207 (4)(a), C.R.S., for lost property tax revenues as a result of property owners claiming the exemption.
Page 9, Line 14b This amount is not subject to the limitation on General Fund appropriations set forth in Section 24-75-201.1 (1)(a), C.R.S., because it is not a state general fund appropriation. This
Page 9, Line 15amount reflects the estimate of the money that shall be paid to fully reimburse counties pursuant to Section 39-3-119.5 (3)(e), C.R.S., for the aggregate value of business personal property
Page 9, Line 16that is exempt from property tax.
Page 10, Line 1c These amounts represent estimated allocations from the Highway Users Tax Fund, created in Section 43-4-201 (1)(a), C.R.S. These estimates of revenue distributions to counties and
Page 10, Line 2municipalities pursuant to Sections 43-4-205, 207, and 208, C.R.S., are included for informational purposes and for the purpose of complying with the limitation on state fiscal year
Page 10, Line 3spending imposed by Section 20 of Article X of the State Constitution.
Page 10, Line 4d This amount shall be from funds transferred from the Lease Purchase of Academic Facilities line item in the Colorado Commission on Higher Education section of the Department of
Page 10, Line 5Higher Education pursuant to Section 23-19.9-102, C.R.S.
Page 10, Line 6e This amount shall be from funds transferred from the Senate Bill 20-219 Lease Purchase Payments line item in the Colorado Commission on Higher Education section of the Department
Page 10, Line 7of Higher Education pursuant to Section 24-82-803.
Page 10, Line 8f This amount shall be from interest or income earned on the investment of the money in the Public School Fund pursuant to Section 22-41-102 (3)(h)(I), C.R.S.
Page 10, Line 9g This amount shall be from various cash funds under the control of the Transportation Commission pursuant to Section 24-82-1303 (2)(d)(II), C.R.S.
Page 10, Line 10h This amount shall be from funds transferred from the Department of Personnel. Pursuant to Section 24-51-414 (5), C.R.S., this amount is included for informational purposes and for
Page 10, Line 11the purpose of complying with the limitation on state fiscal year spending imposed by Section 20 of Article X of the State Constitution and represents part of the estimated amount of
Page 10, Line 12the total distribution that is attributable to the state.
Page 10, Line 13i This amount shall be from the Law Enforcement Officers' and Firefighters' Continuation of Benefits Fund created in Section 24-36-122 (2)(a), C.R.S.
Page 10, Line 14jPursuant to Section 24-51-414 (5), C.R.S., this amount is included in the general appropriation bill for informational purposes and for the purpose of complying
Page 10, Line 15with the limitation on state fiscal year spending imposed by Section 20 of Article X of the State Constitution and represents the estimated amount of the total
Page 10, Line 16distribution that is attributable to public education from kindergarten through the twelfth grade.
Page 11, Line 1
Page 11, Line 2
| Agency Name or Title | Item & Subtotal | Total | General Fund | General Fund Exempt | Cash Funds | Reappropriated Funds | Federal Funds |
|---|---|---|---|---|---|---|---|
Page 11, Line 3TOTALS PART XXIII |
|||||||
Page 11, Line 4(TREASURY) |
|
|
|
$81,818,953c |
|||
Page 11, Line 5 |
$952,559,166 |
$466,738,067a |
$404,002,146b |
||||
Page 11, Line 6 |
Page 11, Line 7a Of this amount, $293,070,323
Page 11, Line 8Section 24-75-201.1 (1)(a) (III), C.R.S.
Page 11, Line 9b Of this amount, $346,669,804 contains an (I) notation; $345,805,162 represents allocations of Highway Users Tax Fund revenues to counties and municipalities pursuant to Sections
Page 11, Line 1043-4-205, 207, and 208, C.R.S.
Page 11, Line 11c This amount contains an (I) notation.
Page 11, Line 12
Page 12, Line 1SECTION 2. Safety clause. The general assembly finds,
Page 12, Line 2determines, and declares that this act is necessary for the immediate
Page 12, Line 3preservation of the public peace, health, or safety or for appropriations for
Page 12, Line 4the support and maintenance of the departments of the state and state
Page 12, Line 5institutions.