Our next storm arrives Sunday... cloudier morning skies and scattered showers make way for more widespread rain by the afternoon... snow for the higher elevations and mountains. Sunday evening into Monday morning offers the best window for locally heavy rain and snow. The mountains will see significant snow. Rain and snow chances continue into Monday as the system exits Monday night... head over to the "Weather" tab for more information.
The state economist is offering a gloomy forecast for economic growth in Colorado next year. And he says any kind of turnaround will be slow in coming. Tom Dunn predicts the state's economy will grow just 4.1% percent next year.
That's down from his March forecast of 6.1%. Dunn blames the slow national economy for the change. Dunn also says congressionally-approved tax cuts will cost the state 50 million dollars next year and 90 million over three years because state taxes are based on federal deductions.
He warns Colorado will have to cut spending by up to 206 million dollars for the coming fiscal year to escape chronic budget shortfalls.