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3 in 2010 growth in the number of state workers is

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Unformatted text preview: r education, Colorado state government employment rose 0.3% in 2010. Growth in the number of state workers is rebounding with the economy and is expected to pick up to 1.2% and 1.5% in 2011 and 2012, respectively. A strengthening economy will boost state tax and fee revenue, but state government budgets are expected to remain tight for several years. Weak income and wage growth will result in soft growth in state income and sales tax revenues. Furthermore, a number of temporary measures designed to boost tax revenue during the economic downturn will expire, further restraining tax collections. Only severance taxes on energy are expected to increase strongly over the next few years. Tight budgets will be felt by local governments as well, putting demands on state programs to assist school district budgets. Property taxes, the primary revenue source for local governments, are projected to be slower to recover than income and sales taxes. Higher Education The relative strength of Colorado state government employment has largely been because of solid growth...
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