Colorado § 43-4-621 - Calculation of fiscal year spending limit - first full fiscal year's spending as base.
Full text of Colorado Colorado Revised Statutes § 43-4-621 — Calculation of fiscal year spending limit - first full fiscal year's spending as base., with citation guidance and answers to common questions.
§ 43-4-621. Calculation of fiscal year spending limit - first full fiscal year's spending as base.
(1) For the purpose of determining any authority's fiscal year spending limit under section 20 (7)(b) of article X of the state constitution, the initial spending base of the authority shall be the amount of revenues collected by the authority from sources not excluded from fiscal year spending pursuant to section 20 (2)(e) of article X of the state constitution during the first full fiscal year for which the authority collected revenues.
(2) For purposes of this section, "fiscal year" means any year-long period used by an authority for fiscal accounting purposes.
Source: L. 2000: Entire section added, p. 1177, § 4, effective August 2.
Source: official Colorado text · Last verified 2026-08-27
Frequently Asked Questions About Colorado § 43-4-621
What does Colorado Revised Statutes § 43-4-621 cover?
Section 43-4-621 ("Calculation of fiscal year spending limit - first full fiscal year's spending as base.") is part of the Colorado Revised Statutes, the codified statutory law of Colorado. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Colorado § 43-4-621?
A common citation format is "Colorado Revised Statutes § 43-4-621" (Colorado). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Colorado law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Colorado official source linked on this page or consult a licensed Colorado attorney.
How does Colorado § 43-4-621 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Colorado can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Colorado.