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Colorado Outlook June 2020Colorado Economic & Fiscal Outlook December 20, 2022STATE OF COLORADO Governors Office of State Planning & BudgetingColorado Outlook December 2022Contents Forecast in Brief2Economic
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The economic fiscal outlook is a projection of government revenue, expenditure, and financial positions, which helps assess the sustainability of fiscal policies and overall economic health.
Typically, government agencies and entities that are accountable for public funds and financial management are required to file economic fiscal outlooks.
To fill out an economic fiscal outlook, one must collect relevant financial data, forecast future revenue and expenditures, and present these details clearly, following the prescribed format and guidelines.
The purpose of an economic fiscal outlook is to provide transparency in government financial management, support sound economic planning, and enable informed decision-making by stakeholders.
The economic fiscal outlook must report information such as revenue projections, expenditure estimates, budget deficits or surpluses, and economic indicators affecting fiscal health.
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