Financial Management and Budget

Financial Management & Budget

OFMB Overview

The Office of Financial Management and Budget (OFMB) exists to provide complete, timely, and transparent information to decision makers, promote stakeholder participation in the process, and ensure compliance with all statutes and regulations. OFMB works to produce superior financial support by providing efficient, transparent transactions and high value-added analysis and reporting. Functional areas within the office include Annual Budget, Revenue Forecasting, Federal Aid Billing, Program Funds Management, and Legislative Budget functions.


CDOT shall make reasonable modifications to policies, practices, and procedures in an effort to ensure CDOT programs are accessible to individuals with disabilities and to ensure nondiscrimination against persons with disabilities. For more information on how to request a reasonable modification please contact the Office of Financial Management and Budget at 303-757-9585.

Budget Resources

FY 2024-2025 (Request Year)

FY 2023-2024 (Current year)

CDOT Revenue Forecast

Statewide Transportation Improvement Program

Colorado State Infrastructure Bank

CDOT Annual Budget Reports & Information

Please choose the appropriate link below.

Financial Management & Budget Contacts

Contact Name Phone Number Job Title
Jeff Sudmeier 303-757-9063 Chief Financial Officer
Bethany Nicholas 303-757-9585 OFMB Director
Patrick Girten 303-757-9585 OFMB Internship Program Manager
James Sines 303-757-9585 Intern
Alex Marsh 303-757-9585 Intern
Vacant TBD Data and Reporting Analyst
Vacant TBD Budget Analyst
Cassie Rutter 303-757-9585 Annual Budget Director
Ryan Long 303-757-9585 Revenue Analyst
Cameron Hailey TBD Fiscal Analyst
Sara Grusing 303-757-9585 Budget Operations Supervisor
Riley Adamy 303-757-9585 Budget Analyst
Marie Cash 303-757-9585 Budget Analyst
Samuel Foster 303-757-9585 Budget Analyst
Eric Ehrbar 303-757-9585 Project Budget Director
Joellen Meyer
303-757-9585 Pool Operations Analyst
Dallas Sherman 303-757-9585 Project Budget Analyst
Reid Jellison
303-757-9585 Project Budget Analyst
Vacant TBD Budget Analyst

Colorado State Infrastructure Bank (CO SIB) Information

State Infrastructure Banks (SIB) are revolving infrastructure investment funds for surface transportation that are established and administered by states. A SIB, much like a private bank, can offer a range of loans and credit assistance enhancement products to public and private sponsors of Title 23 highway construction projects, Title 49 transit capital projects, and Title 49 (subtitle V) railroad projects.

SIBs give states the capacity to increase and make more efficient use of its transportation funds and significantly leverage Federal resources by attracting non-Federal public and private investment. 

SIBs can be capitalized with Federal-aid surface transportation funds and matching State funds. As loans or other credit assistance forms are repaid to the SIB, its initial capital is replenished and can be used to support a new cycle of projects.

The SIB Loan Program was enacted by the Colorado Legislature in 1998 and adopted by the Colorado Department of Transportation in 1999. This unique funding source is supported by the Colorado Transportation Commission and helps fund transportation facilities with funds available through a low-interest revolving loan program.

If you have any further questions pertaining to the Colorado SIB Program and information about how to apply for an SIB loan, please contact the SIB Manager, Patrick Girten.

SIB Loan Documents

Click on the links below to download these resources.