At 3:30pm today, the annual Colorado state budget was released. The budget is a financial statement laying out the revenue and spending for the upcoming year in Colorado.

Sources confirmed on Thursday, November 1st, that if the legislature enacts the budget proposal, tuition for Colorado public colleges will remain constant for the next fiscal year. This means that it is not possible for college tuition to increase, even with inflation.

This is a developing story. Please check back later for updates.

CORRECTION:

A PREVIOUS VERSION OF THIS STORY HAD INCORRECT ELEMENTS
THE TIME AND PHRASE “funding” HAVE BEEN CORRECTED