Colorado Legislators and Statewide Officeholders to Receive Pay Increase Amid Budget Cuts
In Colorado, a pay increase for legislators and statewide officeholders is set to take effect on January 1, following a 2024 bill that established an independent commission to review and set salaries for elected officials. This increase will occur despite ongoing budget cuts, with the first full year costing an estimated $400,000. The commission's report highlighted that current salaries are inadequate compared to other states, prompting recommendations to raise salaries to the 25th percentile of peer states. The Attorney General's salary will see a 45% increase, while other positions like the state treasurer and secretary of state will receive 28% and 26% increases, respectively. State lawmakers will receive a 6% raise, bringing their salaries to nearly $51,000 annually, excluding per diem allowances.