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CWCB finance chief warns of tight severance tax receipts; outlines multi‑year loan commitments
Natural Resources - Colorado Water Conservation Board · July 16, 2025
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Summary
CWCB finance staff reported the fiscal year close, lower-than-expected severance tax receipts and a conservative multi‑year model showing constrained availability for new non‑reimbursable grants and loans without careful timing.
Kirk Russell, CWCB finance section chief, told the board the agency closed its fiscal year June 30 and is finalizing accounts amid weaker severance tax receipts than projected. He said June forecasts show limited severance tax cash inflows for FY26 and that staff is modeling conservative assumptions…
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