large portion of the $203 million that the university received in state funds last year was returned to the Colorado treasury in the form of tax revenue. It is estimated that the state received more than $116 million in tax revenue from CU in 1999.

Because the state provides less than 17 percent of CU's total budget, and because tax revenues are generated on much of the university's total budget, the state recaptured at least 57 cents for each dollar allocated to CU.

	Estimated Revenues Generated per Dollar of Colorado Tax Support Provided Based on incremental GSP $116.20 $203.00 $0.57 Based on incremental employment $75.9 $203.00 $0.37   Estimated tax revenues generated in millions of dollars   Tax support provided in millions of dollars   Tax revenues per actual dollar of tax support Note: These figures are based on the most recent estimate of Colorado GSP (made in 1997) of $112.7 billion and a rough estimate of 1997 tax collections of $5.662 billion.

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