HB 25-1320 - Establishes a Temporary, Transitional Funding System for Public Schools - Colorado Key Vote

Timeline

Related Issues

Stage Details

Title: Establishes a Temporary, Transitional Funding System for Public Schools

See How Your Politicians Voted

Title: Establishes a Temporary, Transitional Funding System for Public Schools

Vote Smart's Synopsis:

Vote to concur with Senate amendments and pass a bill that establishes a temporary, transitional funding system for public schools for the 2025-2026 academic year and establishes minimum funding guarantees.

Highlights:

  • Extends the phase-in schedule of the new school finance formula established in HB24-1448 from 6 to 7 years (Sec. 12-17).

  • Amends the existing hold harmless clause so that charter schools and school districts shall receive an amount equal to or greater than their FY 2024-2025 allocations through FY 2026-2027 and an amount equal to or greater than their FY 2024-2025 plus 1% through FY 2030-2031 (Sec. 13).

  • Extends the phase-in schedule of the new at-risk supplemental aid calculation as established in HB24-1448 and holds allocations equal to that of FY 2024-2025 through FY 2026-2027 (Sec. 7).

  • Amends the existing method under which funding is calculated per pupil to continue use of four-year averaging through FY 2025-2026 before reducing to three-year averaging, subject to both the implementation of the new formula and the balance of the State Education Fund (Sec. 13).

  • Requires that total program funding meet or exceed an amount of $10.03 billion for FY 2025-2026 (Sec. 15-16).

  • Appropriates funds to the Colorado Department of Education and adjusts previous cash fund allocations (Sec. 30-33).

  • Specifies that certain provisions of this bill shall take effect conditionally should SB25-315 become law (Sec. 34).

Title: Establishes a Temporary, Transitional Funding System for Public Schools

Title: Establishes a Temporary, Transitional Funding System for Public Schools

Title: Establishes a Temporary, Transitional Funding System for Public Schools

arrow_upward