§ 24-75-101 — Deficiency in revenue

Colorado § 24-75-101

• Jurisdiction: Colorado
• Title 24: Government
• Art.: State Funds

Text

(1) The following appropriations shall be
appropriations of the first class and shall be first paid out of the revenue of the
state against which they are chargeable:

(a) All appropriations made by the general assembly for the executive,
legislative, and judicial departments of the state government;

(b) All appropriations made by the general assembly for the institutions of
higher education and for the penal, charitable, and eleemosynary institutions of the
state government;

(c) All interests on the public debt of the state government;

(d) All appropriations of funds derived from state continuing mill levies for
the support of penal, eleemosynary, and educational institutions and other state
purposes, other than the general revenue fund, shall be appropriations of the first
class and shall be expended as such for the purposes for which levied and
appropriated.

(2) All other appropriations made by the general assembly shall be
appropriations of the second class.

(3) In case there are insufficient revenues to pay all appropriations made by
the general assembly in full, the appropriations of the first class, designated in
subsection (1) of this section, shall be first paid in full and the balance of revenue
available shall be thereafter prorated among the second class appropriations
designated in subsection (2) of this section.

Legislative History

Source: L. 41: p. 636, �� 1, 2. CSA: C. 153, � 16(1). CRS 53: � 130-1-1. C.R.S. 1963: � 130-1-1.