Economic and Budget Analyst

Accounting & Finance Full Time

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Description of Job

Economic and Budget Analyst

Salary Range: $66,444 - $76,608 annually, dependent on qualifications

OSPB Staff Core Competencies:

  • Advance the Governor’s agenda and promote fiscal responsibility
  • Develop and apply technical budget and policy expertise to shape decision making
  • Demonstrate analytical rigor, precision, thoroughness, and accuracy
  • Cultivate collaborative relationships with internal and external partners
  • Contribute to a professional, respectful, welcoming, and fun office culture

What you will do:

  • Conduct quantitative analysis on Colorado’s economic situation and recommend policies to strengthen economic performance.
  • Analyze state tax data and revenue trends and how they affect the State’s fiscal outlook.
  • Manage the budget of one or more state agencies, identify and advance creative, cost-effective, and evidence-based solutions to public policy problems. Provide rigorous quantitative and qualitative analyses on the major issues facing our state and communicate results and recommendations to policymakers.
  • OSPB analysts are expected to become leading experts on the issues and agencies in their portfolios.
  • While not mandatory, any ArcGIS mapping and data visualization skills will be valuable in this role.

Specific Responsibilities:

Economic and Revenue Forecasting (45%)

  • Support development of OSPB’s quarterly economic and revenue forecasts to inform policymakers and assist in budget preparation and planning
  • Manage economic data compilation for the team, including economic and revenue data, as well as visualizing the data
  • Research and report on Colorado’s economic and fiscal issues, especially factors influencing state economic performance and revenue collections
  • Respond to questions from OSPB’s Director, Deputy Directors, and Chief Economist, the Governor, Governor's Office leadership, legislators and legislative staff about state revenues and economic conditions

Economic Analysis, Policy Evaluation, and Budget Development (55%)

  • Analyze economic data and communicate findings to senior officials
  • Research and evaluate data for policy proposals and legislation to determine impacts on the state’s economy
  • Recommend strategies to meet the Governor's economic, fiscal and tax goals
  • Identify potential issues or concerns in legislation and recommend solutions
  • Conduct research into assigned issue areas, and prepare briefings as necessary
  • Develop broad expertise into assigned departments' budgets, operations, and statutes
  • Review departments' various budget requests and make recommendations to the OSPB Director, Deputy Directors, and Chief Economist, as well as the Governor and Senior Staff
  • Ensure accurate tracking of assigned departments' budget requests and appropriations through the use of existing systems and spreadsheets
  • Respond to questions from OSPB’s Director, Deputy Directors, and Chief Economist, the Governor, Governor's Office leadership, legislators and legislative staff about departmental budgets and operations


Minimum Qualifications, Substitutions, Conditions of Employment & Appeal Rights

Minimum Qualifications:

  • Exceptional quantitative analysis and reasoning skillsAbility to synthesize complex data and information from a wide variety of sources
  • Advanced Excel skills, including data visualization, and strong knowledge of other statistical software (R or Stata)
  • Strong written and oral communication skills, especially with an ability to express complex ideas clearly and concisely
  • Excellent time management skills and ability to balance competing deadlines and priorities
  • Strong interpersonal skills - ability to maintain confidentiality and productive working relationships with stakeholders despite varying interests, agendas, and areas of expertise

Preferred Qualifications:

  • Typical candidates for this role will have 2-4 years of directly relevant experience, especially in data-focused roles
  • Graduate degree in economics, data science, business, public policy or administration, or related field
  • Experience with Eviews, R, Stata, or other statistical software
  • Experience with ArcGIS and/or data visualization
  • Understanding of forecasting principles and best practices
  • Prior experience with public budgeting and/or policy


Supplemental Information


To Apply:

A cover letter and resume must be submitted with the application for consideration. Your cover letter and resume must provide sufficient detail about your background and experience to allow the screening panel to properly assess your experience in the required elements, including your experience and achievements.

The State of Colorado/Office of the Governor offers a generous benefits package including:

  • Retirement benefits including PERA Defined Benefit Plan or PERA Defined Contribution Plan*, plus optional 401(k) and 457 plans -

  • Medical, Dental, and Vision insurance coverage - including extensive prescription drug coverage (many preventive medications covered at no cost)

  • Wellness programs - participation can reduce employee premiums

  • Automatic Short-Term and Optional Long-Term Disability Coverage

  • Life and AD&D Insurance

  • Flexible Spending Accounts (FSAs)

  • Family Medical Leave Act (FMLA) job protection and State of Colorado Paid Family Medical Leave (PFML)

  • 11 Paid Holidays Annually and Accrued Annual and Sick Leave

  • Hybrid work arrangements

  • Variety of discounts on services and products available through the State of Colorado's Work-Life Employment Discount Program

  • Access to the Colorado State Employee Assistance Program (CSEAP): offers confidential mental health counseling, professional coaching, employee mediation, 24/7 crisis support

  • Free RTD EcoPass to all eligible State Employees

  • Training and professional development opportunities, including reduced college tuition through CSU Global

  • Credit Union of Colorado Membership Eligibility


To learn more about State of Colorado benefits, please visit the state’s benefits portal:

  • For information on mandatory employee salary deferral (in lieu of contribution to Social Security), see COPERA for details:

Equity, Diversity and Inclusion

The State of Colorado believes that equity, diversity, and inclusion drive our success, and we encourage candidates from all identities, backgrounds, and abilities to apply. The State of Colorado is an equal opportunity employer committed to building inclusive, innovative work environments with employees who reflect our communities and enthusiastically serve them. Therefore, in all aspects of the employment process, we provide employment opportunities to all qualified applicants without regard to race, color, religion, sex, disability, age, sexual orientation, gender identity or expression, pregnancy, medical condition related to pregnancy, creed, ancestry, national origin, marital status, genetic information, or military status (with preference given to military veterans), or any other protected status in accordance with applicable law.

ADAAA Accommodations

The Office of the Governor is committed to the full inclusion of all qualified individuals. As part of this commitment, our agency will assist individuals who have a disability with any reasonable accommodation requests related to employment, including completing the application process, interviewing, completing any pre-employment testing, participating in the employee selection process, and/or to perform essential job functions where the requested accommodation does not impose an undue hardship. If you have a disability and require reasonable accommodation to ensure you have a positive experience applying or interviewing for this position, please direct your inquiries to our ADAAA Staffing Coordinator (the Director of Human Resources) at

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