Funding for water in Colorado is seeing a surge, despite the state budget crisis, with cash from sports betting hitting a new high this year. The gaming initiative brought in $37 million for the fiscal year that ended June 30, according to the Colorado Division of Gaming. That represents a nearly 21% increase from last year, when tax revenue came in at $30.4 million. But water projects statewide still are at risk as the legislature gears up for a special session next week to close a new $1 billion gap in Colorado’s budget. Approved by voters in 2019, the sports betting tax is used to fund Colorado’s Water Plan.