I_SFinance_2022A 08/30/2022 12:04:36 PM Committee Summary PUBLICSTAFF SUMMARY OF MEETINGINTERIM COMMITTEE LEGISLATIVE INTERIM COMMITTEE ON SCHOOL FINANCE Date 08/30/2022 Attendance Bridges * Geitner X Kipp X Larson X Lundeen X Zenzinger X Kirkmeyer E McCluskie X Time 12:04:36 PM to 03:14:02 PM Place SCR 357 This Meeting was called to order by McCluskie This Report was prepared by Katie Ruedebusch Hearing Items Action Taken hUpdate on ESSER Funds Committee Discussion Only hBreakout Groups Committee Discussion Only hReview of Breakout Groups and Discussion of Bill Draft Requests Committee Discussion Only hNext Steps Committee Discussion Only 12:04:38 PM Chair McCluskie called the meeting to order and discussed the agenda. Update on ESSER Funds - Committee Discussion Only Attachment Tag File Name Attachment A http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/66B2125CBBA9...$File/Attachment A.pdf?OpenElement Attachment A.pdf 12:07:10 PM Ms. Kate Bartlett, representing the Colorado Department of Education (CDE), came to the table to provide an update on ESSER Funds. Her presentation may be found in Attachment A and online here: https://leg.colorado.gov/content/isfinance2022ascheduleandmeetingmaterials 12:13:32 PM In response to a committee questions, she discussed funds that are accessible to certain entities. She highlighted ESSER state set asides in certain rounds of funding. 12:15:01 PM Ms. Bartlett continued by discussing additional funds for education including Governor's Emergency Education Relief, COVID Relief Funds for Education, and Emergency Assistance for Non-public Schools. 12:19:26 PM Mr. Scott Jones, representing CDE, came to the table to respond to committee questions regarding access to grants and the application process. 12:31:20 PM Committee discussion ensued on funding mechanisms and administrative costs. 12:34:16 PM Ms. Bartlett continued by discussing the total ESSER allocation snapshot and spending to date. 12:39:59 PM The committee discussed the allowable uses of district ESSER funding. 12:50:36 PM In response to a committee question, Ms. Barlett noted that additional money not accounted for may be because the funds are used for an unlisted category or indirect costs. 12:57:25 PM Ms. Bartlett continued by discussing bright spots and things to watch for in the process. 01:02:14 PM Ms. Bartlett continued by discussing CDE's monitoring and reporting. 01:08:37 PM Ms. Bartlett wrapped up her presentation by noting federal reporting requirements. Breakout Groups - Committee Discussion Only 01:11:37 PM Chair McCluskie explained that the committee would break into two groups to discuss issues and use the school finance simulation tool. The groups met in SCR 357 and SCR 352. 01:14:16 PM The committee recessed. 02:41:17 PM The committee came back to order. Review of Breakout Groups and Discussion of Bill Draft Requests - Committee Discussion Only Attachment Tag File Name Attachment B http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/895E8BBFA87B...$File/Attachment B.pdf?OpenElement Attachment B.pdf Attachment C http://www2.leg.state.co.us/CLICS/CLICS2022A/commsumm.nsf/0/F5D8F4455FDB...$File/Attachment C.pdf?OpenElement Attachment C.pdf 02:41:51 PM Chair McCluskie called the meeting back to order. Committee members reported on the discussions in the two breakout groups. 02:42:43 PM The group in SCR 357 discussed the getting an overall cost of educating a student analysis, looking at the cost of living from different angles, the cost of doing business factor, wage index, student-centered approach or building perspective, and cost of living factor and where it occurs in the formula. The group in SCR 352 discussed COLA weight applied in the formula, size factor and its interaction with the BS factor, replacing the size factor with the sparsity factor, and taking a look at the impact of COLA if adjusted, limited, eliminated, or rolled into another factor. 02:56:44 PM Mr. Thomas Rosa, Legislative Council Staff, came to the table to answer questions about the school finance simulation tool. 02:57:44 PM Committee discussion ensued regarding discussions in the breakout groups. Committee discussion ensued on changes in several factors when replacing, adjusting, or eliminating factors in the school finance formula. 03:02:54 PM Ms. Anna Gerstle, Legislative Council Staff, discussed a handout on FY 2022-23 BEST applications and approved projects and a handout on preliminary list of state grant programs administered by CDE. The handouts are available as Attachment B and Attachment C. 03:08:00 PM Ms. Julie Pelegrin and Mr. Jacob Baus, Legislative Legal Services, came to the table to discuss the process for requesting bill drafts. Next Steps - Committee Discussion Only 03:12:29 PM Committee members made some final remarks. 03:14:02 PM The committee adjourned.