Date: 01/22/2015
Final
Briefing from DOR: Tax Expenditures Analysis Report
COMMITTEE ON JOINT FINANCE
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11:31 AM -- Briefing from DOR: Tax Expenditures Analysis Report
Ms. Saskia Young, Legislative Liaison, Department of Revenue (DOR), addressed questions raised during the earlier presentation of unimplemented audit recommendations. Ms. Amber Egbert, representing DOR, presented a Tax Expenditures Analysis Report (Attachment C). Committee members received a summary of Ms. Egbert's presentation (Attachment D). She explained that the information included in the report may not match calculations in Legislative Council Staff fiscal notes. Ms. Egbert continued her presentation and spoke to information included in Attachment D.
Attachment C can be viewed at Legislative Council. 15JtFinance0122AttachD.pdf
11:48 AM
Ms. Egbert responded to questions from the committee about information included in the report. Discussion ensued on Colorado's relative ranking in terms of total state and local taxes collected as compared to other states. Discussion continued on the topic of the amount of taxes collected in Colorado, specifically property taxes and the amount collected at different income levels. Ms. Egbert responded to a question about the amount of spending, per capita, for park and recreation services. Discussion ensued on the information reported about spending on utilities.
12:05 PM
The meeting adjourned.