Amendment 78 would transfer power of custodial funds to legislature
October 27, 2021
Every year, the state of Colorado receives money–custodial funds–from the federal government, settlement dollars from lawsuits and through gifts and grants. These funds are generally set aside to fund particular legislative programs, for example, emergency wildfire or COVID funds.
These monies are currently handled by the state treasurer and individual agencies who oversee the disbursement...