Colorado
In cash-strapped Colorado, lawmakers tap an unorthodox pot of money for priorities. But is it too risky?
Facing a $1.2 billion budget gap this year, Colorado lawmakers turned to a source of money they had mostly ignored for the past several years to pay for some priorities: the unclaimed property trust fund.
The legislature looks poised to tap the fund for two bills in the waning days of the legislative session, even as critics — chief among them Treasurer Dave Young — argue against drawing from a fund made up of lost money, not taxes, to cover the cost of government services.
The trust fund holds money from Coloradans’ old savings accounts, unpaid wages, insurance payouts and other cash lost on the way to its rightful owners. The treasurer’s office has a long-running program to return that money called the Great Colorado Payback.
The fund accounts for some $2 billion that doesn’t belong to the state, but it nonetheless has proven a tempting a source for a constantly cash-strapped legislature. Over the past two decades, lawmakers have pulled more than $660 million from the trust fund to pay for programs, according to the treasurer’s office, and not a single penny has been paid back.
That’s left it with about $1.3 billion in cash and about $2 billion in liabilities.
That deficit could grow. A bill that would give safety-net health care facilities a lifeline following the pandemic and another supporting fire departments across the state could add some $140 million to that debt if lawmakers pass them by the end of the legislative session on Wednesday. (A third bill also sought to tap into the fund, but it died in committee Monday.)
“It’s not a tax fund. It’s a trust fund,” said Young, a Democrat. “There actually aren’t any taxes in this, though there might be some tax refunds that have gotten trapped in there.”
The importance of the programs justifies the unorthodox budget move, backers of the bills said, especially when lawmakers spent the year making deep cuts to state spending.
“It’s a tight budget year, so we’re looking everywhere to fund things,” said Sen. Barbara Kirkmeyer, a sponsor of the health care bill and a member of the Joint Budget Committee. “… There are certain services we have to provide as a government, and that’s things people can’t do for themselves. We have to look into it.”
Helping safety-net hospitals
Senate Bill 290 would use the trust fund loan to seed an account to help keep safety-net hospitals afloat throughout Colorado, with matching money provided by state hospitals and the federal government. The bill aims to backstop critical health care infrastructure, while saving Medicaid money by treating people before their ailments progress into costlier hospital stays.
That helps put the proposal in a class of its own, in the view of Kirkmeyer, a Brighton Republican. She also emphasized that the bill taps the money as a loan, not as a simple cash grab.
The proposal might be well intentioned, but it still creates unnecessary risk, Young said. The general fund will have to repay the loans if the trust fund ever falters, and, more existentially, tapping it could disincentivize companies from depositing lost money to the state.
They, too, could argue they’re investing the money in critical programs while holding onto it for its rightful owners, he said.
Loans from the fund often don’t “pass the smell test” because of the terms written into law, Young said. The loans tend to be interest-free, with a single bulk repayment when they’re due decades from now — and no repayment plan.
“I don’t think anyone could go to a bank and get a deal like that,” Young said. “I don’t think anyone could get a mortgage and say ‘We’ll pay it back in 40 years, in one lump sum, with zero interest.’ ”
Sen. Jeff Bridges, the chair of the budget committee, said the use of the fund for loans instead of direct spending made him “somewhat less uncomfortable, though still deeply uncomfortable,” given the state’s budget situation.
Still, he said, people should assume the loans will be forgiven instead of paid back by future lawmakers.
‘We have to be cautious’
The fund generally collects more money every year than it doles out, said Bridges, a Greenwood Village Democrat, even as he praised Young for the campaign to connect people with lost money. Given the state’s fiscal problems, the bills tapping the fund this year didn’t bother him, though he warned that “this can’t be a pattern that continues.”
“We have to be thoughtful, we have to be cautious,” Bridges, who is running for treasurer in 2026, said. “But for what’s running this year, I think the fund can handle those expenditures.”
Young cautioned that new ways of reuniting people with money, along with a more proactive approach to finding folks who have lost cash in the fund, make it hard to calculate how much money the state could deem truly lost and unclaimable.
“The really assertive way the team has gone about using tools and finding people has made it hard to judge. We really want to get people those claims,” Young said.
Pulling money from the lost property trust fund has caused some breaks in the Democratic caucus. Rep. Brianna Titone, an Arvada Democrat, has railed against bills looking to tap into the fund and supported pushing one bill back to committee to change it.
She, like Bridges, is running for treasurer next year.
“There are arguments on both sides, (including) that the money is just sitting there,” Titone said. “But I don’t view it that way. I view this as other people’s property, and we should be treating it as such.”
The debate also shows the complexity of state funding. Rep. Andrew Boesenecker, a Fort Collins Democrat, is sponsoring House Bill 1078. The bill would tap into the trust fund to create a revolving loan fund for local fire departments.
Those entities are now bearing the brunt of recent property tax cuts approved by the legislature — moves that, in turn, put other types of property at risk.
“We obviously have an obligation to protect people, keep property safe wherever we can,” Boesenecker said. “But that comes at a cost, and so many of our fire prevention districts are already strapped — so that revolving loan fund and zero-interest loan fund are critical there.”
Stay up-to-date with Colorado Politics by signing up for our weekly newsletter, The Spot.
Colorado
Recording reveals concerns over illegal activity in state’s marijuana industry
Colorado
Colorado’s Preseason Ranking Comes With Surprising Caveat
The Colorado Buffaloes have a revamped roster and coaching staff under coach Deion Sanders, but the expectations for the team are rather low.
Betting odds for Colorado’s win total are set at 4.5, per FanDuel Sportsbook, and they are tied with the worst odds of winning the Big 12 championship.
Colorado Buffaloes May Be Underrated
ESPN’s Bill Connelly revealed his Big 12 preview, and he explained an interesting caveat around Colorado’s ranking in the SP+, a predictive system that ranks teams based on their efficiency while adjusting for opponents. The Buffaloes are ranked No. 65 overall by the SP+, and only West Virginia is behind Colorado at No. 66.
With a new roster, Colorado is more difficult to predict, though.
“We saw last year that Colorado still has an awfully low floor, but if Lewis indeed comes into his own at QB, the ceiling could be just as high: There’s more proven production on this roster than even the nine-win 2024 team had. It has to jell, and massive makeovers always come with risks,” writes Connelly. “But I like this team’s potential a lot more than SP+ does. And when have I ever been wrong?”
If Colorado can string together some wins, the Buffaloes will be one of the more surprising teams in the country. However, some of the new transfers joining the program have already been drawing attention.
Out of Connelly’s top 10 transfers in the Big 12, two of Colorado’s newcomers made the cut: linebacker Gideon Lampron and wide receiver Kam Perry, while receiver Danny Scudero received a mention as well.
The Buffs’ schedule features two Power 4 teams in the non-conference slate with Georgia Tech and Northwestern, and then Colorado faces Big 12 play with matchups against Texas Tech, Utah, and Oklahoma State.
Colorado’s Chances in 2026
The bottom of the Big 12 is rather close together by the SP+ with seven teams, nearly half of the conference, ranked between No. 50 and No. 66 overall.
Not only does this give Colorado room to climb if the combination of quarterback Julian Lewis with his new wide receivers and a new offensive coordinator in Brennan Marion can click. The Buffaloes brought in Danny Scudero, Kam Perry, and DeAndre Moore to replenish the wide receiver room, but defensive coordinator Chris Marve will also have to do his part with a new group of defensive transfers.
Colorado was among the worst teams in the country in 2025 when it came to stopping the run, and a group of new Buffs will be tasked with turning around the unit. Some new names like defensive lineman Ezra Christensen, linebacker Liona Lefau, and defensive back Boo Carter.
Still, if Colorado is able to string together some wins, it will likely come from outscoring opponents on the offensive side of the ball with the arrival of Marion and the return of Lewis. The Buffaloes lost four one-score games in 2025, surrendering an average of 20 points in those losses.
Winning six games and making a bowl game would be beating expectations for Colorado, although the Buffaloes seem to have the potential to build some momentum and string together some wins in 2026.
Game odds refresh periodically and are subject to change. If you or someone you know has a gambling problem and wants help, call 1-800-GAMBLER.
Sign up to our free newsletter and follow us on Facebook for the latest news.
Follow
Colorado
Drought impacts flow into northwest Colorado fisheries
Unprecedented spawning, low flows, hotter temperatures — these are some of the phrases used by state biologists to describe the situation facing Colorado’s northwestern fisheries as a drought persists in the region.
At the start of June, 100% of Colorado was experiencing some drought conditions following the state’s lowest snowpack on record and warmer-than-normal temperatures across the winter months. Record-setting heat in March led to an early melt-off and has brought concerns into summer for Colorado’s fisheries as the drought impacts streamflows and reservoirs.
“This drought is something that’s being closely watched with a lot of anxiety by many, many people,” said Jon Ewert, Colorado Parks and Wildlife’s aquatic biologist for Grand and Summit counties, during a June 2 drought tour in Grand County.
“As far as impacts we’ve seen so far this year, it’s kind of interesting because what we have seen so far this spring in terms of recreational angling is an incredibly good spring for fishing,” Ewert said.
This, however, has more to do with timing than as a predictor for what the drought will mean for anglers this summer. The March heatwave moved up the timelines for peak streamflow and other aquatic markers.
“Everything’s a month ahead of schedule this year,” Ewert said. “The rainbow (trout) spawned a month early … The caddis are hatching on the Colorado River, which is usually like a July 1 thing. And so the thing is that the water is low and clear, and the fish are hungry coming out of winter, and they’re very aggressive and the bugs are hatching early.”
Ben Felt, Parks and Wildlife’s senior aquatic biologist in its northwest region, at a Monday, June 1 meeting of Colorado’s Drought Task Force in Winter Park, said this has also brought “unusual timing” for Parks and Wildlife’s projects in the region.
“What we’re seeing is that the ice came off most of our reservoirs, a good 4 to 6 weeks earlier than usual, and that throws off a few things where a lot of the work that we do in the spring is aimed at removal of invasive northern pike, and northern pike spawning timing was way earlier this year,” Felt said. “We’ll likely see some increases in northern pike numbers, just based on our reduced ability to be out there that early when the pike are spawning — it’s just completely unprecedented in terms of the timing of this fish.”
While Ewert said this is leading to “really great conditions” compared to what Colorado anglers typically see in spring and early June, it begs the question: “What’s it going to look like in July? What’s it going to look like in August?”
“We all have some grim ideas about that,” he said.
Russ Schumacher, Colorado’s state climatologist, said climate models are forecasting a good chance for an active monsoon season kicking off in the middle of July, with a continued trend of warmer-than-normal temperatures through the summer. Schumacher added that whatever relief was brought by cooler temperatures and closer-to-normal precipitation in May is not going to make up for deficits in the winter’s snowpack.
“The river flows are going to be extremely low in the summer,” he said. “The drought impacts are going to continue to emerge.”
Ewert shared some hope — with a caveat — around what an active monsoon could mean for the state’s fisheries.
“The thing about a monsoon in low water years like this, in terms of the rivers, we know we’re not going to get flushing flows anywhere this year… and we’re probably going to have high temperature issues in rivers like the Colorado and the Fraser,” Ewert said.
“However, if we have a consistent and active monsoon, the thing about monsoonal patterns is that even if we don’t have enough precipitation to even be a measurable amount of precipitation, it’s getting that cloud cover … that consistent cloud cover every afternoon that interrupts the solar gain heating up that water,” he added.
Low streamflows and high air temperatures can prove stressful and deadly for Colorado’s fish populations.
“We actually pretty regularly implement voluntary fishing closures in these fisheries during drought years,” Ewert said.

Per Parks and Wildlife’s fishing regulations, when river temperatures rise above 71 F, the agency will issue an emergency fishing closure. When temperatures rise, oxygen levels in the water drop and fish can stop feeding, become more susceptible to diseases and stress from angling, which can ultimately cause them to die. The agency can also issue emergency closures when streamflows drop below 50% of the daily average. Low flows can cause fish to bunch up in small areas, increasing competition for food and making them more susceptible to angling pressure and disease.
“Warm temperatures and low flows that we are seeing across the state are likely to get more pronounced as we get into the summer months,” Felt said. “Overall, there’s just gonna be a higher potential for fish kills this year based on the drought and issues with water levels and temperatures and water quality.”
During his presentation, Felt shared how Parks and Wildlife’s fisheries work in the region has been impacted by the conditions so far.
The Colorado River
The Colorado River’s headwaters are located in Grand County. Felt reported that in the river’s upper reaches, “the reservoirs and transbasin diversions up there have reduced the flows and flow regimes that the upper Colorado would traditionally have.”
The Colorado River has 12 major transmountain diversions. They carry water from west of the Continental Divide — where 80% of the state’s water supply comes from — to the east — where 90% of the state’s population lives.
“The situation is that the natural morphology of the rivers in this part of the state just don’t align with the reality of the flows that are in those rivers, and that could cause some habitat issues and temperature issues,” Felt said. “Those concerns can become more pronounced in drought years.”
While the transmountain diversions can create a “lack of high volumes of water” in Grand County, Ewert said that there can be some benefits.
“There are tradeoffs that occur when reservoirs are drawn down, of course,” he said. “We benefit from, in Grand County, these places where bottom release dams are cooling down the river and we can make use of that in really beneficial ways … that water can be used to mitigate some of these high-temperature periods of time that we see.”
This year, the draw down of some reservoirs in the upper reaches of the Colorado River could impact recreation and fisheries. The Williams Fork Reservoir, currently sitting at 54% full, will be closed to boating this year due to its lowered level.
“We kind of expect to be rebuilding the Williams Fork fishery more or less from scratch once we get to the other side of this drought,” Ewert said.
Downstream on the Colorado River, Parks and Wildlife is monitoring the 15-Mile Reach — which Felt called a “stronghold” for native fish species that are threatened and endangered.
“This is a stretch that’s in the Grand Valley that’s especially vulnerable to low flows because it’s located just downstream of a couple major diversions in the Colorado, and it’s also upstream of the Gunnison River confluence,” Felt said. “We did see that the flows in the 15-Mile Reach drop to 52 cfs earlier this spring, which is a pretty alarming amount of water to be in the mainstem Colorado River.”
Felt reported that around that time, monitoring efforts showed the fish in “good condition, but were fairly concentrated in the pools of habitat.” This quality habitat can be hard for fish to travel between when flows are low, he added.
“This is certainly a situation that we will continue to actively monitor, and if flows drop again, and if fish start to become stranded, we may consider some sort of salvage efforts out there,” Felt said.
The Yampa and White rivers

Felt shared that within the Yampa and White rivers, Parks and Wildlife’s work around recovery of native fish species has been limited by the low flows.
As of June 10, the Yampa River in Steamboat Springs was running at 330 cubic feet per second, significantly lower than the 2,320 cfs it was running at the same time last year, according to the U.S. Geological Survey. The White River below Meeker was running at 214 cfs on June 10, when the normal flow for this time of year is closer to 1,500 to 2,500.
“There’s not enough water to launch the rafts or the jet boats,” Felt said. “What we anticipate is that if there are reductions in electrofishing efforts, that will, combined with low water levels, likely result in some increased densities of some of these non-native fish species that we’re managing against.”
Within the Stagecoach Reservoir tailwaters on the Yampa River — which Felt called an “incredible” and “very, very popular” fishery — there has been a mandatory fishing closure since October. Felt said when the flows here drop below 40 cfs, the fish become “very vulnerable to angling,” and experience “increased levels of angler-induced mortality.”
Parks and Wildlife works alongside the Upper Yampa Water Conservancy District and the Colorado Water Trust to plan releases out of the reservoir as part of an instream flow program.
“We decided to wait till later in the year to release that water — the Water Trust made that decision — to ultimately hedge our bets a little bit, and still have that water available when the conditions could be even more critical in the Yampa,” Felt said, adding that the groups are also studying the changes to habitat quality during “unprecedented flow levels down there.”
Felt added that Parks and Wildlife has been “actively working” to rebuild fisheries in Lake Avery and Rio Blanco Lake, which were both drained in the past few years for outlet and dam repairs.
“There’s some uncertainty that remains on both the water management and fisheries management at both of those lakes based on these drought conditions,” he added.
-
Washington6 minutes agoTRAFFIC ALERT: Road Closure on Bottom Road – Washington County
-
Wisconsin9 minutes agoCanada vs. Bosnia and Herzegovina World Cup opener has Wisconsin flair
-
West Virginia13 minutes agoLet’s Go Fishing – WV MetroNews
-
Wyoming21 minutes agoJune 11 recap: Wyoming news you may have missed today
-
Crypto24 minutes agoHyperliquid Whale Holds 81% Short Book and $2.7M Profit as HYPE Bet Pays off
-
Finance28 minutes agoExclusive: U.S. bank regulators ramp up scrutiny of AI use at financial companies
-
Fitness36 minutes agoGiving back through science: Rowan Wagner’s journey in exercise science at UW‑Superior | All In Wisconsin
-
Movie Reviews44 minutes agoSpielberg returns to familiar alien territory in ‘Disclosure Day’