State and local budget gaps put services and jobs under pressure

Colorado’s initial 2027–28 budget proposal adds $579 million in spending amid a projected $1.6 billion shortfall, with Medicaid costs and proposed savings among the issues. Buffalo voters are considering a charter change to budget estimates and oversight amid a projected $103 million structural gap for 2026–27; the amendment may improve scrutiny but will not close the deficit. Portland Public Schools reports a $65 million deficit, with up to 450 positions potentially affected and a Dec. 15 board decision ahead; final budgets and service effects remain unresolved.