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Colorado's 2026-27 budget proposes a 5.6% spending increase, limits Medicaid growth, and maintains full K-12 funding.
Colorado Governor Jared Polis has proposed a 2026-27 budget that increases state spending by 5.6% to over $50 billion, focusing on slowing Medicaid growth while maintaining full funding for K-12 education.
The plan limits Medicaid spending to a $297.7 million increase—about half of its projected rise—by capping home health care hours, reinstating annual dental benefit limits, and withholding a planned 1.6% provider rate hike.
It maintains coverage for all 1.2 million Medicaid recipients, avoids cuts that could raise uncompensated care costs, and continues efforts to fully fund schools.
The proposal also includes administrative savings and renewed calls to privatize Pinnacol Assurance to generate revenue for senior tax breaks.
The budget will be reviewed by the Joint Budget Committee and finalized by the legislature in early 2026.
El presupuesto 2026-27 de Colorado propone un aumento del gasto del 5,6%, limita el crecimiento de Medicaid y mantiene la financiación completa de K-12.