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DENVER ~ Denver - In response to the ongoing financial challenges faced by Colorado due to federal actions, Governor Polis has signed Executive Order D 2025 022 today. This order renews and extends two previous executive orders, D 2025 014 and D 2025 020, which were put in place to suspend certain spending and balance the state's budget.
The initial executive orders were necessary after H.R. 1 reduced state revenue by over $1.2 billion, resulting in the elimination of Colorado's surplus and leaving the budget $800 million out of balance for Fiscal Year 2025-26. With the consequences of H.R. 1 still affecting the state's finances, Governor Polis has extended the executive orders until February 28, 2026 through Executive Order D 2025 022.
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In addition to signing the executive order, Governor Polis also provided a letter to the Joint Budget Committee outlining the details of the extension. This decision highlights the governor's commitment to ensuring Colorado's budget remains balanced despite unexpected challenges from federal actions.
The initial executive orders were necessary after H.R. 1 reduced state revenue by over $1.2 billion, resulting in the elimination of Colorado's surplus and leaving the budget $800 million out of balance for Fiscal Year 2025-26. With the consequences of H.R. 1 still affecting the state's finances, Governor Polis has extended the executive orders until February 28, 2026 through Executive Order D 2025 022.
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In addition to signing the executive order, Governor Polis also provided a letter to the Joint Budget Committee outlining the details of the extension. This decision highlights the governor's commitment to ensuring Colorado's budget remains balanced despite unexpected challenges from federal actions.
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