CLICS/CLICS2024A/commsumm.nsf
PUBLIC
BILL SUMMARY For SCHOOL DISTRICT PERSPECTIVE ON THE MLO MATCH PROGRAM
INTERIM COMMITTEE OVERRIDE MILL LEVY MATCH WORKING GROUP
Date Sep 24, 2024
Location SCR 352
School District Perspective on the MLO Match Program - Committee Discussion Only
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10:35:38 AM |
Bret Miles, Executive
Director of the Colorado Association of School Executives, began his presentation.
He explained that the MLO program has become a significant part of school
finance and that it has become a part of districts' main funding stream.
He said that none of the districts in the bottom quartile of funding in
the state have any voter-approved mill levy overrides while 80 percent
of the districts in the top quartile have passed a mill levy override.
He spoke about communities' discretionary income, stating that it is one
thing to have a high assessed value in a district, but that is different
than community members having discretionary income that they feel they
could put towards paying additional mills.
He discussed the need to make sure that the MLO matches are relatively
stable and predictable instead of fluctuating and that economies of scale
need to be supported. He said that MLOs are the biggest equity issue in
our state for school funding and answered questions from the working group.
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