Financial Management and Budget
Documents
Budget to Actuals Reporting
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.
Accessibility
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 2024-25 Final Budget Allocation Plan
- FY 2024-25 Proposed Budget Allocation Plan
- FY 2024-25 Legislative Budget Submission
FY 2023-2024 (Current year)
- FY 2023-24 Amended Annual Budget (March 2024)
- FY 2023-24 Final Budget Allocation Plan
- FY 2023-24 Proposed Allocation Plan
- FY 2023-24 Legislative Budget Submission
- Monthly Budget to Actual Report - Period 9
CDOT Revenue Forecast
Statewide Transportation Improvement Program
- Statewide Transportation Improvement Program Summary Report (STIP) - Updated Weekly
- Final STIP FY2023-FY2026- Adopted May 2022 by the Transportation Commission
Colorado State Infrastructure Bank
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.