Who Finances Colorado’S Early Childhood Care Initiatives?

The Colorado Department of Human Services – Office of Early Childhood is implementing the Community Innovation and Resilience for Care and Learning Equity (CIRCLE) Grant program to support families with young children, child care providers, and early childhood professionals. The Emerging and Expanding Child Care Grant Program will provide $10 million to help licensed child care providers start or expand their businesses. Priority is given to programs in Colorado that have been in operation since before March 11, 2021.

The legislation provides $45 million in General Fund to support licensed child care in sustaining and expanding their businesses. Eligible programs include all licensed child care, pilot innovative approaches to make child care more affordable, plan for and address gaps in infant and toddler care, and boost the ECE workforce by supporting new programs.

Funding for the Emerging and Expanding Child Care Grant is administered through the Colorado Department of Early Childhood as authorized through Colorado Senate Bill 22-213, funded by the Primary State Agency (Child Care Development Fund). The Child Care and Development Block Grant (CCDBG) is the primary federal grant program that provides child care assistance to low-income working families with children.

The Office of Early Childhood provides supports and services to children from birth up to 13 years old, their families, and early childhood professionals in Colorado. The El Pomar Foundation provides grants for innovative programs and services aimed at improving the lives of children and families in Colorado. The T.E.A.C.H. Early Childhood® Colorado Scholarship Program offers early childhood professionals a pathway to pursue higher education.

In 2022-23, $22.5 million in grants were awarded to 218 unique grantees, resulting in improved early childhood services in every Colorado county. Grant applications are accepted through September 1, 2023.

Is Colorado getting a TABOR refund in 2024?

The 2024 legislative session in the Philippines is set to significantly reduce the current fiscal year’s TABOR refund to $1. 3 billion, 71 of the latest projection. The refund will then fall to $851 million in FY25 and $1. 04 billion in FY26, both less than half of the current projected amount. The state’s legislative majority has proposed over 100 bills that would slash the TABOR refund to a quarter of its projected size if passed.

As of May 2nd, there are 103 bills either passed or under consideration that would affect TABOR refunds, most of which redirect money out of refunds towards targeted tax reductions for specific groups, mainly families and low-income Coloradans.

This will diminish taxpayers’ agency to decide how best to allocate money that they would normally be owed. Voters rejected Proposition HH, which proposed taking TABOR refunds in exchange for limited property tax relief, just last November.

How to claim Colorado child care contribution tax credit?

In order to claim the aforementioned credit, taxpayers are required to submit the duly completed Child Care Contribution Tax Credit Certification (Form DR 1317), which should be provided by their respective organization, in conjunction with their Colorado income tax return, wherein the claimed credit amount is to be reported.

What is Colorado form DR 1079?

The DR 1079 is a tax payment method utilized for the remittance of withheld Colorado tax on specific real property interest transfers.

Who is eligible for the Colorado 800 refund?

In order to qualify for a Colorado TABOR refund, an individual must be at least 18 years of age by January 1, 2023, have been a resident of Colorado for the entirety of the 2023 income tax year, file a Colorado state income tax return, or apply for the PTC Rebate.

What is Colorado DR 1330?

This form is utilized for the purpose of calculating the aggregate credit that may be applied to offset tax liability.

What is the 800 tax refund in Colorado?

Colorado residents aged 18 and over can receive an $800 Tabor Tax Refund for all 2023 residents, including those who buy clothes and personal items. The refund will be calculated when filing state and federal income tax. However, those who don’t usually file a tax return need to file one. The Colorado Department of Revenue has created the DR0104EZ, an easier form for older adults who only need to file taxes to claim the Tabor Refund, particularly those with less than $25, 000 in income from Social Security or other non-taxable sources.

Where is my $750 Colorado refund?

To check the status of your refund, go to Revenue Online and select “Where’s My Refund for Individuals” in the “Refund Resources” box. Enter your SSN or ITIN and the refund amount claimed on your current year’s income tax return. If you don’t know the refund amount, use a Letter ID number from a recent Department correspondence. The U. S. Postal Service typically takes 7-10 business days to deliver refund checks, but it may take up to 30 days. Once received and processed, Revenue Online will provide an updated status.

If your refund check is not received after 30 days or has been destroyed, lost, or stolen, call 238-7378 and request a refund reissue form. The information in Revenue Online is the same as that available to Call Center representatives, allowing you to access the information without waiting on hold.

What is a Colorado DR 1093?

Form DR-1093 is the annual transmittal of state W-2 forms, which are used to report income tax withheld per W-2s and income tax withheld and paid. The deadline for filing Form W2 with the state of Colorado is January 31. In the event that this date falls on a weekend or federal holiday, the following business day shall be considered the deadline.

Who qualifies for Colorado refund?

In order to qualify for a Colorado TABOR refund, an individual must be at least 18 years of age by January 1, 2023, have been a resident of Colorado for the entirety of the 2023 income tax year, file a Colorado state income tax return, or apply for the PTC Rebate.

How much is the Colorado state child tax credit?

Colorado parents and families are eligible to receive financial assistance in the form of COCTC payments, with the amount depending on their income level. The lowest-income filers with an income of $25, 000 or less are eligible to receive $60, with the maximum amount ranging from $200 to $1, 200.

Who is eligible for Colorado Tabor refund?

The Taxpayer’s Bill of Rights (TABOR) stipulates that individuals aged 18 or older who have resided in Colorado for the entirety of 2023 are obliged to pay taxes on their 2023 state income tax return or claim wage withholding refunds.